Cryptocurrency mega-thread

Remove this Banner Ad

It sounds like people in this thread are casual crypto enthusiasts who are very unaware of what's happening. The memecoin supercycle is underway. It's not just dogs and cats like last time, it's hippos, dinosaurs, reptiles, frogs, toads, the illustrious matt fury characters, and just about anything else you can think of. Yes, they're all scams/ponzi schemes that are ultimately destined to crash at some point, and 90% of people will lose, but those who play their cards right will make lifechanging gains (well, many people already have).
 

Log in to remove this ad.

US President makes no difference in the grand scheme of things. It's the same 4 year cycle. Alts will peak in Q4 2025, then tank and 2026 will mark the beginning of another 4 year bear market.
Bitcoin all time highs happened under Biden, not Trump. I don’t think US President really makes much difference tbh.

As for inflation hedge… if you buy low and sell high it’s great.
 
How does crypto give you financial freedom any different to a bank robber stealing money from a bank gives the robber fianancial freedom?

Crypto is an investment that does not create any wealth. Its a useless asset in terms of creating goods or services of value. All it does is redistribute the existing pie of wealth. If you become richer from crypto gambling then you are taking wealth from others by devaluing the money in their bank accounts.

Crypto is also terrible for the climate and is adding to power prices.

And if crypto actually worked as a new form of money then it would rob taxes from governments and deny them the ability to provide all the useful services that people need. Like public education and health and welfare support.

So it may not be immoral in your view. But it would be immoral in most peoples views if they actually knew the implications of crypto. Unfortunately most people do not including most government officials and thus the reason this is not yet banned.
You should start listening to Peter Schiff. Crypto currency is a scam, but so is fiat currency. Neither are an actual legitimate form of money. Gold is the most legitimate money that humans have ever created, and fiat currency was legitimate when it was backed by gold.
 
giphy.gif
 
Retail and their silly money haven't even entered the space yet.
I don’t follow the space like I did 2/3 years ago because basically I’m down, though I keep one eye on my major holdings.

On the subject of retail, and this is just my thoughts, where would they come from?

A lot of previous ‘retail’ would have left the game, as they’re the bunnies the smarter people in the space make money off.

2020-2021 had Covid and people splashing money.

2023-2024 inflation has wrecked ‘retail’ spending because everyone is paying for worldwide shutdowns…. In one way or another.

So my question is, who are the new lambs to the slaughter… or retail if you prefer.

Who is young and cashed up and dumb enough to make retail a thing again?
 
I don’t follow the space like I did 2/3 years ago because basically I’m down, though I keep one eye on my major holdings.

On the subject of retail, and this is just my thoughts, where would they come from?

A lot of previous ‘retail’ would have left the game, as they’re the bunnies the smarter people in the space make money off.

2020-2021 had Covid and people splashing money.

2023-2024 inflation has wrecked ‘retail’ spending because everyone is paying for worldwide shutdowns…. In one way or another.

So my question is, who are the new lambs to the slaughter… or retail if you prefer.

Who is young and cashed up and dumb enough to make retail a thing again?

Gen Z all around the world. Their spending habits have always seemed to suggest if there's a potential quick money making scheme, they'll be in it.

This cycle is different though to the last in regard to information out there and who is involved.

In the last cycle there wasn't that many ties to trad market players being involved on all kinds of levels.

Now you have countries and politicians talking about it and for some, investing in it.

You have various financial institutions getting heavily involved.

RWA and AI weren't really a narrative last run, now they are at the forefront of it.

It was just a talking point in a recent heavily scrutinised election.

Yeah some people have been burned, but FOMO can be a powerful emotion.
 
Gen Z all around the world. Their spending habits have always seemed to suggest if there's a potential quick money making scheme, they'll be in it.

This cycle is different though to the last in regard to information out there and who is involved.

In the last cycle there wasn't that many ties to trad market players being involved on all kinds of levels.

Now you have countries and politicians talking about it and for some, investing in it.

You have various financial institutions getting heavily involved.

RWA and AI weren't really a narrative last run, now they are at the forefront of it.

It was just a talking point in a recent heavily scrutinised election.

Yeah some people have been burned, but FOMO can be a powerful emotion.
Ok interesting. Thanks for your reply.
 

(Log in to remove this ad.)

What are your plans with KAS - sell it all during this bullrun, or hodl some for the long term?

Personally I think I will sell 75% in the bullrun and keep 25%. The long term potential for KAS is huge.

I will be selling everything I hold.

Bear markets go for years, bull runs go for months.

Even if KAS goes to $1 in the bull run it will probably go back to 5-10 cents in a prolonged bear market, maybe even lower.
 
I will be selling everything I hold.

Bear markets go for years, bull runs go for months.

Even if KAS goes to $1 in the bull run it will probably go back to 5-10 cents in a prolonged bear market, maybe even lower.
True, but you have some of these influencers claiming KAS will go to $5 or even $10 during the bullrun and back down to a $1 during the bear. I'm just going to hold onto a small bag of it due to the uncertainty.
 
True, but you have some of these influencers claiming KAS will go to $5 or even $10 during the bullrun and back down to a $1 during the bear. I'm just going to hold onto a small bag of it due to the uncertainty.

Well I suggest they are probably full of shit.

Most of those grifters rely on over the top MC evaluations to get to those numbers.

I mean KAS will have decent selling pressure at around $1 is my opinion.

When people buy in at cents they will start to take profits at $1.

The question is do you think KAS can get to a $120 billion MC which is what will be required to get to $5?
 
Well I suggest they are probably full of shit.

Most of those grifters rely on over the top MC evaluations to get to those numbers.

I mean KAS will have decent selling pressure at around $1 is my opinion.

When people buy in at cents they will start to take profits at $1.

The question is do you think KAS can get to a $120 billion MC which is what will be required to get to $5?

There's too many variables and too many unknowns. I think the only way it gets to $5 this bullrun is listings on tier 1 exchanges (kraken, crypto.com, binance, coinbase). It will get all those listings eventually, I just don't know if it will happen during this bullrun.
 
There's too many variables and too many unknowns. I think the only way it gets to $5 this bullrun is listings on tier 1 exchanges (kraken, crypto.com, binance, coinbase). It will get all those listings eventually, I just don't know if it will happen during this bullrun.

It might not get those big exchanges.

From my understanding most coins that get these listings do so because they give exchanges their tokens for basically nothing to provide liquidity.

For a coin like KAS it would require the exchanges to buy up KAS to provide the liquidity

I might be totally wrong on that but I thought I read somewhere that this is why KAS won't be getting any major listings potentially any time soon.
 
It might not get those big exchanges.

From my understanding most coins that get these listings do so because they give exchanges their tokens for basically nothing to provide liquidity.

For a coin like KAS it would require the exchanges to buy up KAS to provide the liquidity

I might be totally wrong on that but I thought I read somewhere that this is why KAS won't be getting any major listings potentially any time soon.

KAS is already on binance futures so I think it's only a matter of time before they list it for spot trading. The other exchanges, I have no idea.
 

Remove this Banner Ad

Cryptocurrency mega-thread

Remove this Banner Ad

Back
Top