Crypto thread

Financial Times: 

Inflation might be the way out of the debt crisis

https://www.ft.com/content/c7ebe679-3373-4f01-94fe-015bf80c4d3b

This will cause an asset race and I happen to know a particularly fast horse 

Still all in ATOM 

Michael Saylor: 

“The Board of Directors of @MicroStrategy is now paid in bitcoin.” 

https://www.microstrategy.com/en/investor-relations/financial-documents/microstrategy-directors-to-receive-board-fees-in-bitcoin

Coinbase going public Wednesday. Currently trading at a $150 billion valuation on FTX. Will be interesting to see what happens Wednesday. 

This is pushing the price of BNB up. The Binance coin fully diluted gives it a market cap of around $100 billion. 

Pretty big numbers imo. 

I was just talking to my friend that I started in crypto with in 2017. It seemed as if everyone was going to Binance so I bought a few thousand BNB at $3. He said “nahhhh man that’s a Chinese scam coin” so I sold it at like $5. 

Its now $590 

Crazy all the crap that you buy and sell. You always remember the ones that took off without you. 

I’m still all in atom but if I had to buy 2 low cap shitcoins right now I’d buy Phala Network at $1 and Yield Credit at $46 

Bitcoin $63,000 

Where are all the naysayers? 

Good article 

https://www.forbes.com/sites/stevenehrlich/2021/04/13/janet-yellen-bitcoin-and-crypto-fearmongers-get-pushback-from-former-cia-director/

185 countries with M1 money supply below bitcoin... all suffering from US dollar debasement. What if... 

Probably next cycle tbh. 

Detox 

Holy Christ all mighty ATOM finally breaking out 

Seems like I’ve been waiting forever for this 

“You haven’t seen the real altseason yet, I promise” 

— Crypto_Birb 

Doge tends to be a predictor for market-wide altcoin increases

EXPECTED FIRST TRADE OF COINBASE $COIN NOW 10:10-10:20 AM ET

@I_Need_A

@I_Need_A_Detox

 i'm not into this bitcoin craze but i bought 1500 of btc just so i don[t miss the train..it's slowly sliding..you expect btc to go up after coinbase id offered

Hi Vinnie, 

How important is $1500 to you? 

You’re a little late to the party. Bitcoin will probably top between $100,000 - $250,000 this cycle. 

Even if it hits $250k your $1500 will only turn into $6000. 

I would bet on a lower cap altcoin. Something outside of the top 100. Make the right pick there and you can turn the $1500 into $20,000 before it crashes 90%+. 

Feel free to ask any questions in this thread. 

$RING 

$PHA 

$YLD (Yield Credit) 

$ALBT 

I would buy 1 or 2 of them and hope for the best 

@I_Need_A_Detox

 yeah, late to the party is right..i did this all on the coinbase ipo today..1500 is my for my robinhood stocks to play around with..was up 2200 from a 125 start..all in all 2000 got me12000 with my tdameritrade and robin account..the pickings seemed easy last march with covid until now, but the party seems over for stocks too..

I'd be getting out of RH if I were you....plenty of other options out there that you won't have to worry about pulling BS moves on you like RH did back in January.... 

@I_Need_A_Detox

 sold btc yesterday..held it for a couple days and lost about fifty bucks..bought dogecoin for 1500 it's up to 3300 in one day..the thing is taking off..

@kcblitzkrieg

 who would you suggest for crypto..got an email from rh not to believe the news on massachusetts regulators and blah blah blah..i'm form mass..

@vinnievibes

 anyone except them.... reports all over that they halted DOGE trading last night.... same shit they pulled with GME... liquidity issues, you can't guarantee you will be able to buy or sell when you actually really NEED to... I'm no expert here but RH would be the last place I would be doing business with.  Gemini, Crypto.com, FTX there are plenty of options.... Coinbase Pro has the lowest fees, that's about the best I can give you.  BOL 

Good thread on ATOM 

https://twitter.com/highcoinviction/status/1382880443188576263?s=21