Currency Wars, USD, YEN, Bitcoin and what it means to you.

Talk about art related subjects here. Post lifespan is 1 year.
User avatar
mobius006
Art Freak
Posts: 13087
Joined: Mon Mar 28, 2011 5:16 pm

Wed Dec 16, 2020 6:15 pm

Image
User avatar
Codeblue
Yaks 2 Much
Posts: 56011
Joined: Sun Nov 07, 2004 1:00 am
Location: Expresso Beans

Wed Dec 16, 2020 6:30 pm

Christmas Teslas for erywon?
RupertPupkin wrote:I live by this rule and this rule alone: people are drymounting idiots.
User avatar
mobius006
Art Freak
Posts: 13087
Joined: Mon Mar 28, 2011 5:16 pm

Thu Dec 17, 2020 1:18 pm

Codeblue wrote:
Wed Dec 16, 2020 6:30 pm
Christmas Teslas for erywon?
Bunch of holders in here. Ain't no one buying sheeeiit
cktbreaker
Art Expert
Posts: 1618
Joined: Sat Jun 13, 2009 10:44 pm

Thu Dec 17, 2020 1:51 pm

Looking to short btc/usd around 24150ish, only with higher time frame failure. Let's have a dump clear some stops and freak out the late buyers and hodlrs.
cktbreaker
Art Expert
Posts: 1618
Joined: Sat Jun 13, 2009 10:44 pm

Thu Dec 17, 2020 5:57 pm

Question for people in BTC/fiat pairs. During this run up have you been taking profits on longs or waiting for something higher?
User avatar
63schoeffling
Art Expert
Posts: 8253
Joined: Sun Jan 01, 2012 10:52 am

Thu Dec 17, 2020 10:54 pm

Skimming a few units off the ETH stack for some Xmas and wedding purposes. 2021 is going to be a wild ride. I didn’t load up for years to sell for a couple of bucks!

Also, since we were on the subject of digital art/NFT....... check out TVK - Terra Virtual. The token just released last week to the public but the concept is cool as hell. Basically you can buy and show off collectibles and art in a virtual gallery. Perfect for the EB’ers.

They have a few big partnerships right off the bat for the crypto world so worth keeping an eye on. At the very least it’s a working product that’s actually providing entertainment for a few bucks.
User avatar
acidburn
Art Daddy
Posts: 11750
Joined: Wed Nov 25, 2009 3:06 pm

Sat Jan 02, 2021 9:26 am

63schoeffling wrote:
Thu Dec 17, 2020 10:54 pm
Skimming a few units off the ETH stack for some Xmas and wedding purposes. 2021 is going to be a wild ride. I didn’t load up for years to sell for a couple of bucks!

Also, since we were on the subject of digital art/NFT....... check out TVK - Terra Virtual. The token just released last week to the public but the concept is cool as hell. Basically you can buy and show off collectibles and art in a virtual gallery. Perfect for the EB’ers.

They have a few big partnerships right off the bat for the crypto world so worth keeping an eye on. At the very least it’s a working product that’s actually providing entertainment for a few bucks.
Love it. Hoping ours goes well. Nothing like this. Going to be probably releasing it in stages and do some testing with random buyers.
User avatar
hax0n
Art Expert
Posts: 2795
Joined: Thu Feb 16, 2012 6:43 pm
Location: Keepin' Austin Weird

Sat Jan 02, 2021 1:17 pm

the 40% dump from $100,000 is gonna be insane!
Image
electrachrome wrote:None of us who are responsible for this website really have any idea how it works
User avatar
fredo
Art God
Posts: 27660
Joined: Wed Jan 28, 2009 7:26 pm
Location: ENZEE

Sat Jan 02, 2021 10:10 pm

Don’t forget to pay yer taxes lol
just a foil for me today, thanks
cktbreaker
Art Expert
Posts: 1618
Joined: Sat Jun 13, 2009 10:44 pm

Sat Jan 02, 2021 11:21 pm

DOGE the crypto VIX.
applehead
Art Expert
Posts: 2251
Joined: Sun May 06, 2012 5:48 pm

Mon Jan 04, 2021 1:02 pm

Can anyone recall daily volume for ETH ring over 1M? Average daily was around 80-90k for a long time with bumps in the 200-300k range, but I can’t recall anything near 1,000,000 daily volume.
cktbreaker
Art Expert
Posts: 1618
Joined: Sat Jun 13, 2009 10:44 pm

Mon Jan 04, 2021 6:51 pm

applehead wrote:
Mon Jan 04, 2021 1:02 pm
Can anyone recall daily volume for ETH ring over 1M? Average daily was around 80-90k for a long time with bumps in the 200-300k range, but I can’t recall anything near 1,000,000 daily volume.
Makes sense price moved along way recently for ETH. TSLA moved 48x that today. Shows how tiny the crypto market is.
cktbreaker
Art Expert
Posts: 1618
Joined: Sat Jun 13, 2009 10:44 pm

Mon Jan 04, 2021 7:12 pm

63schoeffling wrote:
Thu Dec 17, 2020 10:54 pm
Skimming a few units off the ETH stack for some Xmas and wedding purposes. 2021 is going to be a wild ride. I didn’t load up for years to sell for a couple of bucks!
How do you decide where you will take profit? Where is more than a couple bucks? If BTC goes to $0.00 will you hold until price hopefully goes back up? Do you hedge your long at certain levels to protect unrealized gains? I know a-lot of people are holding out for something higher, I just don't understand how that is calculated or how high, higher is, perhaps the price that pays off a loan or gets you a Lambo or something tangible.
User avatar
63schoeffling
Art Expert
Posts: 8253
Joined: Sun Jan 01, 2012 10:52 am

Mon Jan 04, 2021 8:35 pm

cktbreaker wrote:
Mon Jan 04, 2021 7:12 pm
63schoeffling wrote:
Thu Dec 17, 2020 10:54 pm
Skimming a few units off the ETH stack for some Xmas and wedding purposes. 2021 is going to be a wild ride. I didn’t load up for years to sell for a couple of bucks!
How do you decide where you will take profit? Where is more than a couple bucks? If BTC goes to $0.00 will you hold until price hopefully goes back up? Do you hedge your long at certain levels to protect unrealized gains? I know a-lot of people are holding out for something higher, I just don't understand how that is calculated or how high, higher is, perhaps the price that pays off a loan or gets you a Lambo or something tangible.
Personally, I sold a bit because I have a wedding coming up in a few months so that was just easy to take out and plop down some units towards that. In regards to BTC, it's crazy to say but I think we are beyond it ever going to $0. I don't even think I would have thought that a year ago but here we are. I'm sure it will break below $20k and maybe get close to $10k again - not that anyone knows the right answer, but with the institutional money moving in, I honestly have no idea what the ceiling is. As you said, the crypto world is still so damn small I can't say. As real life things come up I will take some out but that will hopefully be rare. I doubt I sell any BTC anytime soon, and I really have just thrown some money into cool projects or interesting ideas that I think will do well. As those smaller marketcap projects pump and dump, I have been just selling on the pump and then buying lower while converting the extra money into BTC or ETH to increase the stack.

Also, really getting sucked into the NFT world lately.
User avatar
earlgreytoast
Art Expert
Posts: 9362
Joined: Fri Nov 05, 2010 1:14 pm

Thu Jan 28, 2021 2:53 pm

DOGECOIN GO GO GO
Codeblue wrote: I’m sorry for everything.
Post Reply