Bitcoin hits new all time high, driven by institutional buying

[Avocado33]

Very highly invested in this, and this looks like another great time for bitcoin.

@)

 

[bigbet1234]

You put it all in ETH now and sell at 10K.

Actually, that’s not far fetched! Lol

 

[raiders72]

$41k

 

[KennyB]

The volatility is insane. I bought at 37,000 last night and sold at 40,000 this morning and it is past 41,000.

 

[Biggins]

Not a good weekend for Bitcoin’s I dumped my GBTC stock not going to be good day for market

 

[MattyMatt]

Not a good weekend for Bitcoin’s I dumped my GBTC stock not going to be good day for market

I’m out too...

MARA as well, and still doubled up...

 

[PatsFan1283]

37.3?

ok so I’m kinda flush w this shit now, when do I sell?

Apparently 48 hours ago, lol

 

[CHOPTALK]

People don’t understand just how few coins are actively being traded . Probably less then 10 million active coins worldwide along with the daily coins being mined that got cut in half in may.

Does not take much trading for violent 25% swings during a 48 hr period .

 

[HarryCaray]

Buy the ETH dip, it's coming back

 

[CHOPTALK]

I would be very careful with the alts. Still a lot of useless junk .

Im also skeptical of all these tether coins .
If one of these stable coins turns out to be a fraud (especial tether)it could bring the entire crypto space to its knees

 

[PatsFan1283]

Buy the ETH dip, it's coming back

If they're gonna hand 2k out to everyone and their mother then I'm holding for a bit

 

[3peet]

What exactly is going on w/ crypto currency and why is it getting pummeled?

 

[raiders72]

What exactly is going on w/ crypto currency and why is it getting pummeled?

Normal cycle in a bull run. People grab profits now and then.

 

[metro]

actually wayyy less coins being traded .. the majority of bitcoin holders are not motivated sellers at all .. the price needs to continue to rise
troo loosen people up to get them to go into their cold storage and bring them to market ..

only 90 bitcoin being awarded daily .. grayscale and ****** buying all new coins daily .. wait until that 90 halves to 45 .. there just isn't enough
b bitcoin for everyone that needs it

People don’t understand just how few coins are actively being traded . Probably less then 10 million active coins worldwide along with the daily coins being mined that got cut in half in may.

Does not take much trading for violent 25% swings during a 48 hr period .

 

[metro]

18 M in circulation .. 4 mill frozen on chain forever .. so more than 10m in circulation if that's what you meant chop

but for practical reasons .. guys aint motivated sellers at all .. PP buying as much as they can and its not even nearly enough

 

[metro]

What exactly is going on w/ crypto currency and why is it getting pummeled?

bro ... its a pull back that's all .. bitcoin has closed at an all time high on the weekly for maybe 5 consecutive weeks .. insane gains .. the pullback is
nothing shit run it down farther to let some people in .. this thing is going to 100k by July maybe 200k

 

[metro]

ethereal last I checked was trading at 3 percent of btc .. the last bull run in 2017 it peaked at 10 percent of btc ..

when bitcoin is 50k , 100k .. and ethereum closes that gap from 3 - 10 percent you're looking at what 5k - 10k ethereum

 

[CHOPTALK]

18 M in circulation .. 4 mill frozen on chain forever .. so more than 10m in circulation if that's what you meant chop

but for practical reasons .. guys aint motivated sellers at all .. PP buying as much as they can and its not even nearly enough

I was talking about the amount have coins that have moved in the block chain in the last year .

 

[bigbet1234]

Buy these 4 coins. ETH, DNT, DOT, XLM. Check back in July, and enjoy the windfall of cash.

 

[PatsFan1283]

https://www.cnbc.com/2021/01/12/bitcoin-could-heisaiah-johnson-.html

What could go wrong?