Discussion in 'General Chat' started by Arterial Dan, Jan 21, 2021.
Why do you need to buy a whole coin?
No need to, I just think it might have higher liquidity than fractions, but that's purely opinion and not evidence based
Fuck it just bought a coin. See what happens to bee the next few months. Coinbase fees are high though!
ETH which I know isn’t a coin as such
How much r they like 1500
Just under £1300
This has gone up from 7 dollas per coin to 17 last night
i got on about 11 dollas
Exactly what I was saying I’d be like lmao
You having a go on it?
I think the crypto boat has sailed now... Too main stream and attention off corporations and governments etc
I’ve been assuming for years that the crypto boat has sailed along with Tesla but I’ve been totally wrong but surely to god the bubble’s gotta burst sometime soon hasn’t it!?
Personally, i think tbe bubble has already burst... Dont get me wrong, you will still make a profit trading it etc but there wont be another 'bitcoin'
The crypto market is very shady... With 'whales' controlling the price and market trends.... As soon as it it 38k there was a stash of 10,000 coins re circulated that hadn't moved since circ 09. Since the Mt Gox saga, there are still 800,000 bitcoins unaccounted for, this is what munipulates the price trends. Everytime theres a bullish rise, these coins will resurface until 'pop'
These whales are controlling the other prices of the crypto market, the exchanges all have their fingers in the pie... This is why the governments is trying to sanction the use of crypto
I think for BTC and ETH the market has changed too much for whales to make much of a difference but with smaller coins I fully agree and have seen it firsthand.
I used to be part of a paid telegram group a couple of years ago which was just a pump and dump scheme. The main guys would have some really decent money behind them, a small coin would get picked and they’d give you some time to buy it. Then they’d come in, everyone would see the coins being bought, FOMO would kick in and price would start climbing until an agreed point. The moral problem is that for every person who’s gained there’s always going to be at least one who’s lost out
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