1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

Koichos

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K'lal Yisraʾel
We’re already on the way back up.


Lmao
Bitcoin is heading back up to fill the CME gap between $101,600 - $103,500 (the gap created between bitcoin’s trading price at the close of Chicago Mercantile Exchange on Friday, 5:00 p.m. EST and its price at reopen on Sunday, 6:00 p.m. EST) as it does most weeks. It’s just reversion back to the mean. We typically fill the gaps, but not always.
 

Gloxina

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You guys realize we could start a coli cabal with 5 honest people and run some shyt up?

I’ve been burned by so many people in the space. I’m willing to take my chances here.

Bump. I don’t do memes or small caps but there should be more than enough potential participants here. 👀
Y’all figure this thing out and we can go from there
 

Koichos

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what platform are y'all using to buy bitcoin? i'm trying to find a platform that has lower fees than coinbase, and will also generate the necessary tax forms for me
Are you using Coinbase Advanced, which allows you to set ‘post-only’ limit orders to receive the cheaper (‘maker’) fees? If not, make sure to do so. Otherwise, Kraken Pro has even lower fees: https://www.kraken.com/features/fee-schedule. I’ve been with both platforms for 12 years and prefer Kraken. As for taxes, don’t rely on any exchange...
 

Slimkid07

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You guys realize we could start a coli cabal with 5 honest people and run some shyt up?

I’ve been burned by so many people in the space. I’m willing to take my chances here.
It can be done, but the cabal has to be a loyal, trustworthy group (haha, among degens) that is well-coordinated.

A few years ago, I was in one that created a memecoin that hit a $250+ million market cap w/ a $1 mill liquidity within a week.
The coin was older than PEPE and out around a time when coins that hit those heights had more legs.
We all had wallets worth over $5 million in coins and could have made out like bandits if we kept marketing and working on the roadmap, while slowly cashing out some of our bags.
A few ppl went rogue (along with their friends that they allowed to get early big bags) and started dumping 10s of thousands of dollars of coins, thus causing it to crash. A couple ran away with $150k+... greedy cats couldn't wait.
Afterwards, cats were trying to meet up and go out with glory. :francis:
 

southpawstyle

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It can be done, but the cabal has to be a loyal, trustworthy group (haha, among degens) that is well-coordinated.

A few years ago, I was in one that created a memecoin that hit a $250+ million market cap w/ a $1 mill liquidity within a week.
The coin was older than PEPE and out around a time when coins that hit those heights had more legs.
We all had wallets worth over $5 million in coins and could have made out like bandits if we kept marketing and working on the roadmap, while slowly cashing out some of our bags.
A few ppl went rogue (along with their friends that they allowed to get early big bags) and started dumping 10s of thousands of dollars of coins, thus causing it to crash. A couple ran away with $150k+... greedy cats couldn't wait.
Afterwards, cats were trying to meet up and go out with glory. :francis:
Yeah we would have to have a strategy where we buy responsibly and take profits along the way to avoid people getting impatient and nuking the chart.

We can throw ideas around until the market picks up again.
 
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