A 4chan 'insider' predicted yesterday ‘Bitcoin dump FUD,’ says it was China-led shakeout (cryptoslate.com)
The bounce has been pretty solid the last 24 hours. Doge and Cardano close to being back to where they were, ETH not far away, and Rune almost there. Bitcoin has even recovered. Another 10% on each and it's almost as if it never happened ....... #ToTheMoon
Tesla stopped accepting Bitcoin as payment last week due to environmental concerns. The main problem at the minute is Chinese interference in the market.
I'm gutted because it's the first month of being back to having work expenses and all the dips were in the moment between the bank of Loko being empty and the expenses payment being 3-5 days away!
https://www.fxstreet.com/cryptocurr...-replace-fiat-currencies-by-2026-202108241317 A trillion dollars was added to the crypto market just in July. It's only going to keep going the same way. I have a little bit invested in XRP. The price is quite low at the moment as they are in a court case with SEC. But they are expected to win that and then the price should rise a fair bit. There is thirteen places you still cannot buy it from..... https://www.finder.com/how-to-buy-ripple I suspect when the court case is over they will start selling it on their platforms (USA it's hard to purchase from) which will help it rise. It was supposedly designed to reach five digits which at the moment would seem a very long shot. Goldman Sachs and JP Morgan have both talked it up. The future (I would say in the next 5-10 years) banks accepting crypto and people buying things with crypto coins is going to surge.
Not sure who in this thread held firm when the market dropped a few months ago but it rocketed the last four weeks, only to crash again yesterday. Picking up a little bit today thankfully.
Around the time this thread started I invested £250. Big spender, hey? My £250 became £120 in little over a fortnight. People told my to invest more, but an issue with my card meant I couldn't add funds (Binance). As it continued to plummet towards the £100 mark, I kind of lost interest and confidence, what with it being my first dabble. Checking last week, I actually passed the original £250 mark by a couple of quid, but as you say, it dipped again yesterday. It's interesting, if nothing else.
Long term play for me as well. Invested some more in to different coins about three weeks ago to diversify the portfolio. VET, CKB and MATIC. Was going great guns until the last 48 hours!
Same here Held thru the crash in May. Was in healthy profit until yesterday (still in profit btw but lost around 40% of it yesterday). Volatile as hell but actually love crypto and can honestly see this being huge in the next bull run in 4 years time. Bought a few coins since the crash that have done really well in $VRA and $TEL (Kucoin). Still in profit tho and HODLing till the next leg up which should be around October time when it’s expected to go “parabolic”. Once that happens, I’ll sell the lot then wait for the bear market and buy back in at 80% discount. That’s the plan anyway