1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

old pig

Veteran
Supporter
Joined
Nov 12, 2017
Messages
105,181
Reputation
20,016
Daps
437,530
I really dont think its that serious...I think its crazy for people to even to consider that at this point.

People switch up how they feel about the market as soon as things change.

this is not how I feel...this is how it’s been...it’s actually crazy to think the market can run like this for over a year and still run up without a major cool-off period...this is in any market including crypto
 
Joined
May 15, 2012
Messages
28,010
Reputation
1,286
Daps
60,664
Reppin
NULL
I really dont think its that serious...I think its crazy for people to even to consider that at this point.

People switch up how they feel about the market as soon as things change.

Ive seen so many bear market calls this year :unimpressed:

I wouldnt be surprised if its nothing but market manipulation

Who didnt see a tax increase coming?

Bitcoin been going up for 10 years straight

I mean the shyt wasn't even at 6 grand yet this time last year, selling is pointless, if you not gonna buy more, why are you even buying crypto, you're not suppose to sell the shyt until your rich
 

Stop_It_5

Veteran
Joined
Nov 19, 2016
Messages
14,339
Reputation
3,574
Daps
93,583
Patience Provides Profits

I bought Link at ATH I believe, when it was around 6 and now its over $30. Never know what could happen if you hold strong. There will be dips like when it dropped back to around 7 but gotta remain hopeful that things will turn themselves around. Might be an ATH now that people are buying in but who knows, in a couple months or so they could have 5x or even more on their investments.
Yep, buying at or near the ATH during a run is only disastrous if you're trying to scalp a quick 2x-5x. As long as you're ready to hold for a while odds are you'll win long-term.

Even the clowns that bought DOGE at it's ATH during the February run (.08) would've 5x if they held instead of panic selling.
 

mannyrs13

Compound Kingpin
Supporter
Joined
May 8, 2012
Messages
39,580
Reputation
15,701
Daps
87,581
Reppin
Focusville, USA
this is not how I feel...this is how it’s been...it’s actually crazy to think the market can run like this for over a year and still run up without a major cool-off period...this is in any market including crypto

You got a point but I did some research cuz I was curious. Looked at the DJIA.

Dow Jones - DJIA - 100 Year Historical Chart

Wasn't until about 1999 where it started hitting around 10k. 2000 was of course the controversy with the election and then the 9/11 attacks the next year and the war on terrorism as well in 02 which is all what caused it to be red those 3 years, and then the 08 disaster which led to all this crypto cuz of the banking system and all the banks that failed and whatnot. But every single dip has pretty much been corrected the next year or two. Like the 33% drop in 08, look at the crazy run from 09 to 14. Looking back at the 70s, seems like it had a few bad years, early ones like 73 and 74 were due to an oil crisis and watergate, not sure about the late 70s one. Think the 81 one was due to Persian Gulf war. Even dropped nearly 4% and then in 85 when I was born it raised nearly 28%. Crazy to think that year it hit a high of 1553 and this year it hit a high of 34200. Thats a 36 year period.

This advice for all the young people in this thread and not saying its guaranteed or anything and I know lots are already investing. But look at the numbers. Lets use 20 as an example. From 1550 to 34k in 36 years. 20 plus 36 years is only 56 years old. Thats not even "retirement age" or able to withdraw from 401k or IRA age. 1550 to 34k is a 2000% increase in 36 years. Not saying it'll be like that for the next 36 years but you sure as hell ain't gonna find many other ways to make that type of money over time unless you invest. 24 times the DJIA hit double digit gains the year after a double digit gain and that late 90s run was crazy enough as it is. Market is whats best for long term gains. And whether stocks or crypto, the potential is there in the long run.
 

old pig

Veteran
Supporter
Joined
Nov 12, 2017
Messages
105,181
Reputation
20,016
Daps
437,530
But every single dip has pretty much been corrected the next year or two.

I’m just cutting thru the fat, but how does this differ from what I said?

I gave 2 scenarios for crypto...a best and a worst case scenario...in one I stated it could bounce back in weeks/month...in the other I said years based on what happened the last time there was a major bull run similar to this...it’s important for ppl to be aware of both and plan accordingly (most likely for some place in-between) based on many factors—how much money they invested, how much profit they’ve made, what coins they’re invested in etc.

but ppl are taking what I’m saying the wrong way and are looking at is as me “downing” crypto or saying “oh that’s it...it’s never coming back” when that’s not the case at all

but they should be aware of what’s happening...smart money looks like they’re taking profits...how long this will last...I don’t know...there’s no catch all advice...but it helps ppl plan accordingly if they’re realistic about what’s happening and why
 
Last edited:

ORDER_66

Demon Time coming 2024
Bushed
Joined
Feb 2, 2014
Messages
146,916
Reputation
15,774
Daps
585,878
Reppin
Queens,NY
tenor.gif


just sitting here waiting for my paycheck to come through...:beli: so I can get cracking on this feg...
 

cobra

Superstar
Supporter
Joined
Apr 24, 2017
Messages
11,370
Reputation
-1,281
Daps
50,050
Can you explain what is the pika V2? I have pika on my metamask. But I don't understand what the pika V2 is.
they are releasing another token for pika. you will have to swap your old tokens with the v2 tokens

i.e 10 V1 tokens = 10 V2 tokens + x V2 tokens to cover the gas fee

the old tokens will become defunct

they are releasing a new token because it's a different smart contract

 

mannyrs13

Compound Kingpin
Supporter
Joined
May 8, 2012
Messages
39,580
Reputation
15,701
Daps
87,581
Reppin
Focusville, USA
they are releasing another token for pika. you will have to swap your old tokens with the v2 tokens

i.e 10 V1 tokens = 10 V2 tokens + x V2 tokens to cover the gas fee

the old tokens will become defunct

they are releasing a new token because it's a different smart contract


Hold Up!!

You mean to tell me that I gotta pay a fee cuz they decided to switch the damn coin in the middle of the project? :mindblown:

That's like going to a sporting event and being charged admission again in the middle of the game cuz the team substituted some players. :dahell:

They better convert our coins automatically at no charge. :ufdup:
 
Top