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Re: Dogecoin etc

Posted: Wed May 11, 2022 11:55 am
by Sundayjumper
29th April:
For five months now, El Salvador President Nayib Bukele has been trying to hawk a Bitcoin-backed bond to international investors. This, he’s insisted, is a better option than turning to multilateral lenders in Washington for more conventional financing.

It’s not working. Bukele, a devout believer in crypto currencies, has yet to receive a single penny of the $1 billion he’s seeking,
https://www.bloomberg.com/news/articles ... l-salvador


9th May:
El Salvador’s government bought 500 Bitcoins on Monday, in its largest purchase to date of the cryptocurrency.
https://www.bloomberg.com/news/articles ... to-holding



Fair play for sticking to the plan and doubling down right in the face of all those stupid naysayers 8-)

Re: Dogecoin etc

Posted: Wed May 11, 2022 12:37 pm
by Simon
No mention of buying some NFT's though, so it looks like his heart's not in it.

Re: Dogecoin etc

Posted: Wed May 11, 2022 1:15 pm
by Broccers
This really is how crypto works tho - bitcoin will always rise over time. He will be proved right eventually :D

Re: Dogecoin etc

Posted: Wed May 11, 2022 6:39 pm
by Broccers
Must be time to buy more in the next hours / days?

Re: Dogecoin etc

Posted: Wed May 11, 2022 6:50 pm
by Gavster
You'd think so - although I've not done any research into how bearish this bear market could be, i.e. will it go lower

Re: Dogecoin etc

Posted: Wed May 11, 2022 7:16 pm
by Mito Man
Simple thought process but seeing as Bitcoin is now so deeply correlated with the US economy do you they’re past the worst of the inflationary economic doom and gloom or is this just the first painful year of many more to come?

Re: Dogecoin etc

Posted: Wed May 11, 2022 7:31 pm
by Sundayjumper
Broccers wrote: Wed May 11, 2022 1:15 pm This really is how crypto works tho - bitcoin will always rise over time. He will be proved right eventually :D
That really is how crypto works ! Those naysayers are idiots. LUNA is down 98% in the last 24 hours. You need to get into that. There’s an easy 5000% gain when they bounce back 8-)

Re: Dogecoin etc

Posted: Thu May 12, 2022 7:39 am
by Broccers
Sundayjumper wrote: Wed May 11, 2022 7:31 pm
Broccers wrote: Wed May 11, 2022 1:15 pm This really is how crypto works tho - bitcoin will always rise over time. He will be proved right eventually :D
That really is how crypto works ! Those naysayers are idiots. LUNA is down 98% in the last 24 hours. You need to get into that. There’s an easy 5000% gain when they bounce back 8-)
Bitcoin is not the same or eth. The rest tho you are quite right.

First post in the thread was about Doge - prime example - carnage out there woooof :lol:

Re: Dogecoin etc

Posted: Thu May 12, 2022 9:22 am
by Broccers
May be wrong but I reckon thats pretty much it for eth anyway - was 1390ish 8am now at 920am 1550. Quite a bounce and good if you caught the knife :lol: :lol:

And yes willing to be quoted in a few months ;)

Re: Dogecoin etc

Posted: Thu May 12, 2022 9:49 am
by ZedLeg
a Dutchman Feb 3 1637 wrote: Wed May 11, 2022 1:15 pm This really is how tulips works tho - bulbs will always rise over time. He will be proved right eventually :D

Re: Dogecoin etc

Posted: Thu May 12, 2022 9:51 am
by Gavster
It's definitely a buy zone :lol: however because BTC broke below $30k I reckon we could be here for a while. Coinbase made big losses and are looking shaky.

Re: Dogecoin etc

Posted: Thu May 12, 2022 10:05 am
by Broccers
Gavster wrote: Thu May 12, 2022 9:51 am It's definitely a buy zone :lol: however because BTC broke below $30k I reckon we could be here for a while. Coinbase made big losses and are looking shaky.
re Coinbase they made losses as noone is trading - after the last 48 hours I reckon their takings will be on the up. Great for them if you think about it :D

Re: Dogecoin etc

Posted: Thu May 12, 2022 10:05 am
by dinny_g
ZedLeg wrote: Thu May 12, 2022 9:49 am
a Dutchman Feb 3 1637 wrote: Wed May 11, 2022 1:15 pm This really is how tulips works tho - bulbs will always rise over time. He will be proved right eventually :D
:lol:

Re: Dogecoin etc

Posted: Thu May 12, 2022 10:33 am
by Sundayjumper
Broccers wrote: Thu May 12, 2022 7:39 am
Sundayjumper wrote: Wed May 11, 2022 7:31 pm
Broccers wrote: Wed May 11, 2022 1:15 pm This really is how crypto works tho - bitcoin will always rise over time. He will be proved right eventually :D
That really is how crypto works ! Those naysayers are idiots. LUNA is down 98% in the last 24 hours. You need to get into that. There’s an easy 5000% gain when they bounce back 8-)
Bitcoin is not the same or eth. The rest tho you are quite right.

First post in the thread was about Doge - prime example - carnage out there woooof :lol:
LUNA crashed because it turned out there was absolutely nothing underpinning it. Bitcoin will keep rising though. Get in.

Re: Dogecoin etc

Posted: Thu May 12, 2022 11:11 am
by Gavster
Broccers wrote: Thu May 12, 2022 10:05 am
Gavster wrote: Thu May 12, 2022 9:51 am It's definitely a buy zone :lol: however because BTC broke below $30k I reckon we could be here for a while. Coinbase made big losses and are looking shaky.
re Coinbase they made losses as noone is trading - after the last 48 hours I reckon their takings will be on the up. Great for them if you think about it :D
I reckon it's more likely that a ton of positions have been wiped out and left a lot of people scared to reinvest. If it's a crypto winter then we're not going to see any more big moves to the upside this year. It's a good reminder to DCA over a longer period AND take profits. It's only this year that I conceded and started setting sell positions based on taking 20% every time a coin goes up 50%. That creates the cash to buy when this kind of shit happens :lol:

Re: Dogecoin etc

Posted: Thu May 12, 2022 11:44 am
by Broccers
Gavster wrote: Thu May 12, 2022 11:11 am
Broccers wrote: Thu May 12, 2022 10:05 am
Gavster wrote: Thu May 12, 2022 9:51 am It's definitely a buy zone :lol: however because BTC broke below $30k I reckon we could be here for a while. Coinbase made big losses and are looking shaky.
re Coinbase they made losses as noone is trading - after the last 48 hours I reckon their takings will be on the up. Great for them if you think about it :D
I reckon it's more likely that a ton of positions have been wiped out and left a lot of people scared to reinvest. If it's a crypto winter then we're not going to see any more big moves to the upside this year. It's a good reminder to DCA over a longer period AND take profits. It's only this year that I conceded and started setting sell positions based on taking 20% every time a coin goes up 50%. That creates the cash to buy when this kind of shit happens :lol:
Good plan!

Your 13800 would be 15800 if youd bought 10 ETH this morning to now - not so good if you had bought 10 at 3700 each tho lol :lol:

Re: Dogecoin etc

Posted: Thu May 12, 2022 11:45 am
by Broccers
Sundayjumper wrote: Thu May 12, 2022 10:33 am
Broccers wrote: Thu May 12, 2022 7:39 am
Sundayjumper wrote: Wed May 11, 2022 7:31 pm

That really is how crypto works ! Those naysayers are idiots. LUNA is down 98% in the last 24 hours. You need to get into that. There’s an easy 5000% gain when they bounce back 8-)
Bitcoin is not the same or eth. The rest tho you are quite right.

First post in the thread was about Doge - prime example - carnage out there woooof :lol:
LUNA crashed because it turned out there was absolutely nothing underpinning it. Bitcoin will keep rising though. Get in.
I will be right long term, you wont. TBH you may have noticed im more in Eth so gambling on that one instead :lol:

Re: Dogecoin etc

Posted: Thu May 12, 2022 12:55 pm
by Sundayjumper
Broccers wrote: Thu May 12, 2022 11:45 am
Sundayjumper wrote: Thu May 12, 2022 10:33 am
Broccers wrote: Thu May 12, 2022 7:39 am

Bitcoin is not the same or eth. The rest tho you are quite right.

First post in the thread was about Doge - prime example - carnage out there woooof :lol:
LUNA crashed because it turned out there was absolutely nothing underpinning it. Bitcoin will keep rising though. Get in.
I will be right long term, you wont. TBH you may have noticed im more in Eth so gambling on that one instead :lol:
I'm agreeing with you ?

I'm thinking about putting £50k each on Eth & Bitcoin, see what happens. This crash is a perfect time to buy.

Re: Dogecoin etc

Posted: Thu May 12, 2022 2:03 pm
by V8Granite
I keep wondering what would have happened if I’d invested in scratch cards instead 😂

Dave!

Re: Dogecoin etc

Posted: Thu May 12, 2022 3:57 pm
by Broccers
Sundayjumper wrote: Thu May 12, 2022 12:55 pm
Broccers wrote: Thu May 12, 2022 11:45 am
Sundayjumper wrote: Thu May 12, 2022 10:33 am

LUNA crashed because it turned out there was absolutely nothing underpinning it. Bitcoin will keep rising though. Get in.
I will be right long term, you wont. TBH you may have noticed im more in Eth so gambling on that one instead :lol:
I'm agreeing with you ?

I'm thinking about putting £50k each on Eth & Bitcoin, see what happens. This crash is a perfect time to buy.
Double your money within 5years 💰😎