I'm starting to wonder if Bitcoin has topped out around $60k. Seems like it's been that way for a while now.

That's a logical conclusion, but if you draw the technical analysis, it all makes sense and we are trading in a fairly predicable pattern. Lots of things are showing a push up. No guarantees though.

Anyone have good insight on what happens next with XRP and XLM? The whole SEC lawsuit against XRP seems to be coming close to an end soon.

I like what I'm reading on ADA. Going to have to get in on it now that it trades on Coinbase. Friend told me about it 6 no ago that it was going to pop and I couldn't get set up on Binance to purchase it. Now I know why

mrmill3218 said:

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I'm starting to wonder if Bitcoin has topped out around $60k. Seems like it's been that way for a while now.

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I do not believe this to be the case. Too many variables pointing to a big run sometime soon. I believe it is being held down deliberately. Whales and institutions are buying (even those not admitting it as a just in case scenario) and they want more. Lots of BTC was taken off exchanges and oit of circulation.

My conspiracy theory - wealthy individuals and institutions don't want to lose control. Wall St., and banking and financial industry folks are hedging their futures with crypto. They don't want mass adoption from retail investors until after they have accumulated the majority. Wall St. wanting to continue to hold down Main St.

Blockchain is a transformative technology platform that will change how the world does everything. We are still in the early adoption stage of the adoption curve. The elite know this and are getting out in front of the pending tech revolution. The rich will get richer and those not into crypto will find themselves further behind.

Imagine Amazon, Apple, and Google with IPOs at current prices. Owning stock would be out of reach of the vast majority and that is how things will go for the late adopters and laggards.

mrmill3218 said:

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I'm starting to wonder if Bitcoin has topped out around $60k. Seems like it's been that way for a while now.

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It averaged at about $50k from mid-Feb to mid-Mar, and now from mid-Mar to mid-April it has been averaging $58k. Seems like the trend is that it's still going up overall.

It actually makes no logical sense that it's not already at like $80k. As previously mentioned, there is probably some market manipulation going on.

Anyone follow GBTC? It's one of the few crypto options I have in my Fidelity 401k. I was sitting 5% cash at the end of last year, half of which I used to buy GBTC for a 2.5% overall position.

I've been really disappointed with how poorly it is tracking Bitcoin these last few months. Their recent announcement confirming their intent to convert to an ETF seems like mostly good news. I do wish I could purchase crypto coins directly though... https://grayscaleinvest.medium.com/grayscales-intentions-for-a-bitcoin-etf-b11e4faf4c05

I would just start buying BTC outside your 401k. Scale back your contributions if you have to.

Oh I do. I have real BTC and other coins outside of 401k and autoinvest every paycheck. But my retirement account is my largest a$$et and it would be nice to buy some crypto there as well.

I've smashed on some ADA, and have been buying some BTC.

LTC is on a bit of a tear. I think its utility is downplayed significantly.

Haven't checked prices in a week or so.

XLM up 50%. Nice.

where does this thread stand on coinbase ipo this week ?

Gonna be fun to be a part of history.

i pulled out of bitcoin and some airline stocks, gonna throw it at the ipo

Is the Coinbase IPO expected to expand its crypto offerings?

hedge said:

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where does this thread stand on coinbase ipo this week ?

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On the fence. Does anyone know how much a share will cost when they open?

XXXVII said:

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hedge said:

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where does this thread stand on coinbase ipo this week ?

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On the fence. Does anyone know how much a share will cost when they open?

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I read a week or so ago that they were predicting around $350/share. Not sure how they came to that or if it's still an accurate prediction

I've heard $230

SidetrackAg said:

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XXXVII said:

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hedge said:

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where does this thread stand on coinbase ipo this week ?

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On the fence. Does anyone know how much a share will cost when they open?

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I read a week or so ago that they were predicting around $350/share. Not sure how they came to that or if it's still an accurate prediction

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So, it's about 0.006 BTC which just happens to be how much BTC I have.

Perfect.

BNB going nuclear. I am thinking FTT may pull something similar.

By the way, you can already buy the Coinbase IPO on FTX. Must have vpn.

It's going for upper 500s at the moment

Can someone explain the whole Coinbase IPO thing to a newbie?

Is it just buying stock in Coinbase?

mrmill3218 said:

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Can someone explain the whole Coinbase IPO thing to a newbie?

Is it just buying stock in Coinbase?

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Yeah. Regular equity for the company.

Thank you. That seems like a good idea.

Does anyone use Blockfi to store their crypto and earn interest?

Is it safe to transfer from Coinbase to Blockfi?

mrmill3218 said:

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Does anyone use Blockfi to store their crypto and earn interest?

Is it safe to transfer from Coinbase to Blockfi?

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A little bit and yes, provided you get the addresses right.

Don't try to put ETH in a BTC account, for instance.

mrmill3218 said:

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Does anyone use Blockfi to store their crypto and earn interest?

Is it safe to transfer from Coinbase to Blockfi?

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Anytime you are doing something for the first time I recommend going to youtube and search for it. There is usually a video tutorial explaining how to do anything

I've actually transferred small amount by copying and pasting the blockfi address and putting it in Coinbase. It has worked fine but it still makes me really nervous for some reason. Don't want to lose my Bitcoin!

mrmill3218 said:

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I've actually transferred small amount by copying and pasting the blockfi address and putting it in Coinbase. It has worked fine but it still makes me really nervous for some reason. Don't want to lose my Bitcoin!

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This is probably how the first person pulling paper cash out of a wallet felt

/admin errors. Probably.

XRP /facepalm

Just grabbed a bunch of litecoin

Pretty exciting last night. I pulled an "all nighter" Sunday night/Monday morning expecting the rise. Should have done it last night.

The gift that just keeps on giving. New records.

that BTC, so hot right now

$63k baby LET'S GO!