Cryptocurrency mega-thread

[BACCS]

Yeah, I thought it was something he shilled here. Only asking because I'm building a position.

A bit more info about the impending release of Merit Circle's first game, Project Loki.

 

[BACCS]

Love these times in the market.

Next Tuesday US could be interesting as to what is said/done and how it impacts the market.

Is that the CPI data release?

 

[Evolved1]

Is anyone else having trouble calculating taxes? The figure seems a little off...

 

[Bostonian]

Is that the CPI data release?

US Feds releasing inflation rate and possibly bumping up interest by .5

 

[Evolved1]

LMAO

How Much Will Bitcoin be Worth in 2025? 2030? - Today UK News

Bitcoin's predictable four-year cycles suggest its price could reach $108K-$219K per coin by October 2025, driven by increasing mining costs and growing institutional adoption. Beyond 2025, even more bullish projections emerge, like Cathie Wood's $1.5 million target by 2030.

todayuknews.com

 

[The Dice Man]

LMAO

How Much Will Bitcoin be Worth in 2025? 2030? - Today UK News

Bitcoin's predictable four-year cycles suggest its price could reach $108K-$219K per coin by October 2025, driven by increasing mining costs and growing institutional adoption. Beyond 2025, even more bullish projections emerge, like Cathie Wood's $1.5 million target by 2030.

todayuknews.com

Makes you wonder what they'd think of Wall St.

 

[Bostonian]

LMAO

How Much Will Bitcoin be Worth in 2025? 2030? - Today UK News

Bitcoin's predictable four-year cycles suggest its price could reach $108K-$219K per coin by October 2025, driven by increasing mining costs and growing institutional adoption. Beyond 2025, even more bullish projections emerge, like Cathie Wood's $1.5 million target by 2030.

todayuknews.com

Spot the socialist tosser.

 

[Bostonian]

ICP at $16.

$1 might be achievable at this rate.

 

[Evolved1]

ETH is interesting. I think we'll get higher prices at some stage this year.

$30k or $50k BTC next?

People keep looking for vertical moves in either direction, and they haven't come in this cycle. Just an observation.

 

[BACCS]

Is anyone else having trouble calculating taxes? The figure seems a little off...
View attachment 1368160

What website are you using? I am using Koinly as it seems to be the best dealing with NFTs, but it still seems way out...

 

[BACCS]

ETH is interesting. I think we'll get higher prices at some stage this year.

$30k or $50k BTC next?

People keep looking for vertical moves in either direction, and they haven't come in this cycle. Just an observation.

I think it outperforms BTC and eventually breaks 0.1 for the ETHBTC pair. I get the feeling we would have seen 30k by now if it was happening, macro conditions have been shit for 6 months now. 50k feels more realistic, but my head says we just hover in the high 30s/low 40s for a while.

 

[ash_1050]

I think it outperforms BTC and eventually breaks 0.1 for the ETHBTC pair. I get the feeling we would have seen 30k by now if it was happening, macro conditions have been shit for 6 months now. 50k feels more realistic, but my head says we just hover in the high 30s/low 40s for a while.

Agreed ETH should outperform BTC from here on in, ETH is being utilised for many more things than BTC. BTC still effectively only used as a gateway crypto and for things like gambling, pr0n etc.

 

[BACCS]

Agreed ETH should outperform BTC from here on in, ETH is being utilised for many more things than BTC. BTC still effectively only used as a gateway crypto and for things like gambling, pr0n etc.

Gamblin and pr0n? I do agree that ETH has far more utility though, NFTs the major one.

 

[ash_1050]

Gamblin and pr0n? I do agree that ETH has far more utility though, NFTs the major one.

What do you use otherwise use BTC for on a regular basis if not gambling and pr0n (NSFW)?

 

[Evolved1]

What website are you using? I am using Koinly as it seems to be the best dealing with NFTs, but it still seems way out...

I'm using bitcoin.tax which I've been using for several years without any problem until now.

Trying to find the source of discrepancies in 70k transactions is giving me a headache. Hopefully the ATO leaves me alone if I show an attempt to report accurately.

 

[Bostonian]

What do you use otherwise use BTC for on a regular basis if not gambling and pr0n (NSFW)?

To pull the chicks.

 

[ash_1050]

To pull the chicks.

Any one you ladies come back to my place and see my 0.2 BTC? 0.2 is bigger in person, I swear.

 

[WaywardSonSon]

Hey girls and boys, I'm relatively new to Crypto and have just recently invested $1000 into Bitcoin. Should I continue to "dollar cost average" and play the long game?

 

[BACCS]

Hey girls and boys, I'm relatively new to Crypto and have just recently invested $1000 into Bitcoin. Should I continue to "dollar cost average" and play the long game?

Yes, it is the easiest and simplest way to invest if you aren't planning to monitor the markets often.

 

[BACCS]

Someone just did a fat finger buy of $MC on Binance a couple of hours ago, went from $2.12 to $2.81 in less than 15 minutes haha.

Fairly sure it happened because of Binance releasing the below news (which is actually old news anyway haha):
Binance Labs Invests in Gaming DAO Merit Circle to Expand the Play-to-Earn Industry | Binance Blog

 

[Evolved1]

Someone just did a fat finger buy of $MC on Binance a couple of hours ago, went from $2.12 to $2.81 in less than 15 minutes haha.

Fairly sure it happened because of Binance releasing the below news (which is actually old news anyway haha):
Binance Labs Invests in Gaming DAO Merit Circle to Expand the Play-to-Earn Industry | Binance Blog

Back to $2.32 now. It just goes to show how illiquid the markets currently are.

 

[Evolved1]

What do you use otherwise use BTC for on a regular basis if not gambling and pr0n (NSFW)?

People pay for pr0n?

 

[BACCS]

Back to $2.32 now. It just goes to show how illiquid the markets currently are.

Oh it was never lasting at $2.81 when someone is buying on Binance, liquidity is not there compared to on-chain.

 

[RU_]

For someone looking at starting out in the crypto world, where am I best spent investing time to learn?

 

[WaywardSonSon]

For someone looking at starting out in the crypto world, where am I best spent investing time to learn?

I just began by investing $2000 AUD in Bitcoin two weeks ago, as I don't want to play Russian Roulette with Alt coins. I will simply be DCA'ing by investing about $180 a week into Bitcoin from now on.