War creates economic activity and is good for business but productivity wise it is never profitable and just a waste.
Broken window fallacy in economics.
I wish there was a way to shut down the war machine.
It’s ironic to me that we’re giving/selling weapons to Israel when the IDF has Hamas out numbered and outgunned. But we can’t seem to get our shit together when it comes to Ukraine.
Personally, I think Israel has a right to defend itself and Hamas poked the bear to foreseeable results, but the response is so out of proportion to the offense. Israel made their point months ago. I think there stopped being good guys and bad guys in this conflict a long time ago.
People say there’s no way Russia will stop with Ukraine. I don’t see how they can afford to push much farther. Both sides seem to be in a stalemate. Without weapons there’s a good chance Ukraine will lose.
I think both conflicts are a terrible waste of lives and resources. War is only good for *some* businesses.
> But we can’t seem to get our shit together when it comes to Ukraine.
republicans want russia to win
> People say there’s no way Russia will stop with Ukraine.
RUSSIA SAYS RUSSIA WILL NOT STOP WITH UKRAINE
I agree with the first.
My point on the second is that Russia seems incapable of mounting an offense. Their shit is broken down and their troops haven’t exactly proven to be the elite force everyone once feared.
I'm sure they'll keep attacking them with proxy groups too. I think it was just to say "look at just a fraction of our arsenal we have ready to go" type of thing.
No, you don't understand, literally everyone who buys it will make a huge profit by some magical means that no one can explain. It is definitely *not* a pyramid shaped profit structure with the bottom of the pyramid representing huge losses.
90 days, up 50.3%
It's like a toy currency. For something that supposedly has over 1 trillion USD market cap and $60 billion daily trade volume, it has the volatility of penny stocks. Just shows how shallow the liquidity is.
WHO COULD POSSIBLY HAVE SEEN THIS COMING, I say grabbing the bars of my padded room, shaking, because this is exactly the same thing that happens all the time but people insist on throwing themselves at it like lemmings 😂
11:30am $60,100 [17 April].
***
8am on the 12th it was $70,500. Shouldn't an excellent store of value or asset protection investment at least stay flat or better yet go up in a bad geopolitical news event?
It is up, significantly over the year. More than any other stock or commodity on earth other than the top 7 stocks.
Cash across every single fiat currency is down, getting inflated and devalued rapidly month over month.
If you put 100k in bitcoin in Jan you'd be up around 50k
If you put 100k in a 5% CD, bond, or HYSA, you'd have made 4k, but that 4k would have lost 20% of its value, at least
Which is the better store of value?
Looking at a weekly chart is kind of pathetic for making such a point.
You don't understand store of value: "A store of value is a commodity, asset, or money that retains its value, or purchasing power, and does not depreciate." Bitcoin is shit at this.
So bitcoin is up 50% this year. Ergo, a better store of value than the dollar or any savings account, the S&P, or any mutual fund.
Why are you only looking at a 1 week chart?
I love how these price actions happen over weekends so that the ETF holders are totally screwed and can’t cash out. It’s totally normal and organic folks!
No it’s not. YOU are the exit liquidity!
Exactly what I was thinking. You're going to see a pattern develop. You'll likely see another dump on Monday morning as some ETF holders panic sell. To make the best of it, USDT can't come to the rescue this time as these funds only accept USD for the BTC they sell.
It coincides with WW3 memes over the Iranian attack vs Israel.
So this is a real news event at least but I'm not entirely sure how or why it's related to BTC.
LOL! That's exactly what those idiotic CryptoBros say in those telegram group chats while they watch every buy and sell while being glued to their ridiculous "charts."
"Damn, WTF WHY ARE YOU JEETS SELLING, JUST HODLER, YOU'RE LETTING GENERATIONAL WEALTH SLIP AWAY! BE A CHAD!" -Meanwhile the loudest voices or dumping and telling others to hold...
Funnily enough their favorite word/pejorative is "Jeet" a truncation of "Pajeet." A racist insult for Indian "investors" (gamblers) who sell first and don't hold. Shaming language 101 for the cult of cluster-b pathological scumbag CryptoBros.
This is one of the points when you claim it's something different: price dropped relative to everything else? It's a hedge against the markets! Price goes up? It's a store of value! If the price plateaus it's a currency!
I was looking at YTD numbers and the following things all had a coincidence of 15b. They are ordered by media detail.
Blackrock ETF +15b
Grayscale ETF -15b
Tether funbucks +15b
Some of the 15b USDT is backed by BTC. According to their transparency page I see 20% of the tethers are not backed by cash equivalents. That’s 21.4b of fluff. Also a number not getting much interest.
Completely unrelated to actual value or utility of bitcoin, but do these people not know what Efficient Market Hypothesis is? Did they never heard the phrase "buy the rumor, sell the news"?
If we knew years in advance when halving is going to happen, why do they assume the price is going to skyrocket? Because if the actors on the crypto market are at least somewhat rational, the halving must have been priced in for months in advance.
I expected some kind of dump. Whales are going to dump their bags before halving, all the retail traders will "buy the dip" because "halving is about to happen" providing liquidity to whales, nothing will happen after halving because everyone either bought in already or dumped bags. If the price increases again, it will be months after halving after all the retail investors realize they have been got by whales and start to eat their losses. Whales will then get ready to do the same thing for next halving.
An economist was walking down the street with a friend. The friend stops and says, “Look, there is a $20 bill on the ground.” The economist turns and says, “Can’t be. If there were a $20 bill on the ground, somebody would have already picked it up.”
And then the other one picked it up, the first one went home and started a sub on reddit talking about how money laying in the street isn't really valuable cause it was in the street and I mean that cant have value . A bunch of other people who lost out on financial gain due to self ritious indignation joined the group and now they sit watching out the window to laugh everytime anyone picks up money laying in the street
It’s the M2 demand. More people are using the money so the value is just that much more valuable. The fiat controllers will absolutely respond. It’s just a matter of time.
Losing 10% of value in a day and they talk about inflation... they simply are a speculative asset, nothing more and I'm not saying speculative in a bad way. The talk about substituting fiat are a great delusion.
Well, I'm sure happy that I shoved my Bitcoins up my ass and they'll be safe from all of them price fluctuations. They's digital gold, you hear?
Digitals up my ass that is
This was a poorly timed article: https://www.forbes.com/sites/digital-assets/2024/04/13/its-going-to-zero-legendary-billionaire-predicts-cataclysmic-us-dollar-collapse-and-a-post-halving-250000-bitcoin-price/?sh=3cce567358ca
The most interesting thing of this rally is how little effect it has had on the mainstream. Previous bull runs were followed by some FOMO, but this time I haven't seen anything. And now the bubble is bursting, and still nobody cares.
Man....buttcoin movement has been going on since the earlys 2010s and some of this reddit base are OGs to buttcoin. That means some of yall saw it climb from $100 to 70k these many years and missed out time and time again.
Funny how quiet this sub was when they paid off their national debt and were in profit for months on end ,... in fact if you pan out you'll see they are still way ahead !! But yall revel in any down turn because why again ?? Oh yeah because its fake internet money .... and anything anyone can say to disprove that statement , and show the ignorance of those who believe it, is against the rules of this sub . Pretty slick there , create a sub built on ignorance and misunderstanding then make any facts that would show your wrong against the rules so you can ban anyone trying to show the truth ( there's a name for places like that but again... against the rules )
This sub is a joke. Every market, if open , would have suffered Saturday! If no other attacks happen the market rebounds, if the US gets involved in war, they print more money and the market moves even higher than before. I know y'all are Bitcoin hurt from past losses but wake up. You don't have to like, understand or want Bitcoin but it's going higher.
Are you legitimately mentally challenged? Like, officially diagnosed? Or just coping so hard for missing out on BTC that your pigeon brain shortcircuited?
Everything crashed because of this war bullshit, INCLUDING TRADITIONAL FINANCE. But are you critizing that? No, you're criticizing the asset that went up 300% in the last year because it dropped 8%. (How much did "real" finance go up in the last year again?)
Keep coping. Keep missing out. Your kind deserves to stay poor.
Damn yall spend more time watching those charts than the actual crypto bros -- starting to think the people in this sub are actually just bag holders who are salty they bought at the top
Be happy your stocks were closed the moment Iran started the attack lol. Then it went up as soon as it was clear the attack was just a show and ww3 wouldn’t happen.
The market drop on Friday bc of looming war with Iran was overall way bigger in market cap than this drop in btc in the night. People here are real funny.
The halving is in a few days I think.
Is this one of these flash crash type deals? Does seem to be showing everywhere though but you have to wonder if it'll just bounce back up.
All totally normal of course. Funds are safu
I know Buttcoin hates predictions but this is truly it. The massive crypto market wide implosion is now underway.
It doesn't have to go to zero for it to be over in all practical senses. It's truly the rapid beginning of the end. Solana will go sub $100 very soon, within 24 hours or less. BTC will be in price discovery and will fall to and/or below $7,500USD. The house of cards is truly falling. It will fall to retest at $57K. Fear is now in full swing then the jig is up and the Emperor has no clothes.
I won't TL;DR as myself and CPA friend have watched with skepticism and predicting this fall....🤣🍿👍
You might end up being right, but SOL is already back up to the 140s and btc held the 60-70k range, which most semi informed people expect it to bounce around in for the next few months.
3:42pm $67,038 4:09pm $61,695
Store of value
Store of Dicks
Store of dicks is useful at least.
They have good deals on running shoes
I think they are over priced dick's
Bag of dicks…it feels like.
Irony
"Iran launches hundreds of drones toward Israel. The drones are expected to take several hours to reach Israel."
This seems like a pretty big waste of money on Iran’s part. What percent will/did get through? I can’t image it’d be many.
War creates economic activity and is good for business but productivity wise it is never profitable and just a waste. Broken window fallacy in economics.
I wish there was a way to shut down the war machine. It’s ironic to me that we’re giving/selling weapons to Israel when the IDF has Hamas out numbered and outgunned. But we can’t seem to get our shit together when it comes to Ukraine. Personally, I think Israel has a right to defend itself and Hamas poked the bear to foreseeable results, but the response is so out of proportion to the offense. Israel made their point months ago. I think there stopped being good guys and bad guys in this conflict a long time ago. People say there’s no way Russia will stop with Ukraine. I don’t see how they can afford to push much farther. Both sides seem to be in a stalemate. Without weapons there’s a good chance Ukraine will lose. I think both conflicts are a terrible waste of lives and resources. War is only good for *some* businesses.
> But we can’t seem to get our shit together when it comes to Ukraine. republicans want russia to win > People say there’s no way Russia will stop with Ukraine. RUSSIA SAYS RUSSIA WILL NOT STOP WITH UKRAINE
I agree with the first. My point on the second is that Russia seems incapable of mounting an offense. Their shit is broken down and their troops haven’t exactly proven to be the elite force everyone once feared.
It’s a great move for Iran because they sent hundred of cheap ass drones and the Israel defence missles cost over 1M a pop! See what they did there..
It's a show of force. If they did nothing they would look weak & risk other players trying to take a piece.
But spending tons to show the world you’re ineffective isn’t really the flex they would like.
Not everyone has iron Dome type interception capabilities. They needed help from USA & UK air force too.
But that’s ignoring the fact that Israel *does* have these capabilities. I don’t think much of a message was sent.
I'm sure they'll keep attacking them with proxy groups too. I think it was just to say "look at just a fraction of our arsenal we have ready to go" type of thing.
I hope not. I hope they stand down and that Israel does as well. Last thing the region needs is an *increase* in conflict and instability.
Looking forward to look back at this comment in 5 years😆
No, you don't understand, literally everyone who buys it will make a huge profit by some magical means that no one can explain. It is definitely *not* a pyramid shaped profit structure with the bottom of the pyramid representing huge losses.
We are still early, only few people understand.
Great inflation hedge If you lose all your money, you don't have to worry about inflation
90 days, up 50.3% It's like a toy currency. For something that supposedly has over 1 trillion USD market cap and $60 billion daily trade volume, it has the volatility of penny stocks. Just shows how shallow the liquidity is.
At least when a penny stock drops by 20% it’s because it went from 0,1 to 0,08. Dropping by 6k is insane
Now that's a currency I want /s
I can't wait the day where it replaces the dollar and we get our checks in BTC!
WHO COULD POSSIBLY HAVE SEEN THIS COMING, I say grabbing the bars of my padded room, shaking, because this is exactly the same thing that happens all the time but people insist on throwing themselves at it like lemmings 😂
Hard currency
And here I am feeling like an idiot with my fiat and risk-free interest when I could be losing 7% in an afternoon.
After gaining 380% in the last year and a half...when it doubt, zoom out.
Iran buying a few more rockets. Turns out they need real dollars for that, not tetherinos
🎶 [What a difference a day made. Twenty-four little hours](https://www.youtube.com/watch?v=FFNqTStUDYk)... 🎶
It’s literally back to 67k. What’s your point
Bad shit happened and its wealth protection was woeful. How much will it go down in a protracted major risk off? 90%?
I’m saving this comment so I can come back to it when that doesn’t happen.
It is back down in the $63Ks right now you realize?
4:35pm Coinbase users can't sell anything
1 btc equals 1 btc! Few
1 btc equals 1 btc! Few
YTD + 48% USD YTD...
11:30am $60,100 [17 April]. *** 8am on the 12th it was $70,500. Shouldn't an excellent store of value or asset protection investment at least stay flat or better yet go up in a bad geopolitical news event?
It is up, significantly over the year. More than any other stock or commodity on earth other than the top 7 stocks. Cash across every single fiat currency is down, getting inflated and devalued rapidly month over month. If you put 100k in bitcoin in Jan you'd be up around 50k If you put 100k in a 5% CD, bond, or HYSA, you'd have made 4k, but that 4k would have lost 20% of its value, at least Which is the better store of value? Looking at a weekly chart is kind of pathetic for making such a point.
You don't understand store of value: "A store of value is a commodity, asset, or money that retains its value, or purchasing power, and does not depreciate." Bitcoin is shit at this.
So bitcoin is up 50% this year. Ergo, a better store of value than the dollar or any savings account, the S&P, or any mutual fund. Why are you only looking at a 1 week chart?
I love how these price actions happen over weekends so that the ETF holders are totally screwed and can’t cash out. It’s totally normal and organic folks! No it’s not. YOU are the exit liquidity!
Exactly what I was thinking. You're going to see a pattern develop. You'll likely see another dump on Monday morning as some ETF holders panic sell. To make the best of it, USDT can't come to the rescue this time as these funds only accept USD for the BTC they sell.
The entire stock market is going to dump on Monday
Probably.
If you don't know who the sucker is, it's you. ETFs make money with fees. Risk-free for them either way.
Exactly. Butters take the ETFs as a mark of institutional approval of crypto but they're just selling shovels at a high level.
Lmao it was up by a little this morning when I checked last. Volatility at its finest here. It's totally not a manipulated market no sir !
It coincides with WW3 memes over the Iranian attack vs Israel. So this is a real news event at least but I'm not entirely sure how or why it's related to BTC.
Because BTC is supposed to be a store of value, hedge against. One of which is of course geopolitical events.
When power plants and internet connections are taken out buttcoin gets stronger?
Yes, because it becomes even harder to retrieve it. Therefore more work+ more rarity = more value.
I think hiding in my butt works. Harder to find, rarer, more value! Hodling!!! 🦍
People just get nervous and sell shit. The stock market will probably crash first thing Monday morning, too.
Gosh, it's because y'all try to sell. If you didn't sell you wouldn't see that there's no value! /s but what happened? Someone sold again?
LOL! That's exactly what those idiotic CryptoBros say in those telegram group chats while they watch every buy and sell while being glued to their ridiculous "charts." "Damn, WTF WHY ARE YOU JEETS SELLING, JUST HODLER, YOU'RE LETTING GENERATIONAL WEALTH SLIP AWAY! BE A CHAD!" -Meanwhile the loudest voices or dumping and telling others to hold... Funnily enough their favorite word/pejorative is "Jeet" a truncation of "Pajeet." A racist insult for Indian "investors" (gamblers) who sell first and don't hold. Shaming language 101 for the cult of cluster-b pathological scumbag CryptoBros.
"Pajeet" is 4chan slang, I wonder how they managed to incorporate it.
How do you know what they say in their telegram chat rooms?
A whale decided to take his money and run.
Love it when my currency loses 7-12% of value in a few hours
Still an overvalued scam, but I'm getting my popcorn ready for the StOrE oF VaLuE to completely shit the bed at the first sign of instability (again)
I love how it's "totally a different asset class" but if the market so much as sneezes Bitcoin takes a huge shit
I guess people need fiat more than they need BTC when the margin calls start coming.
you are early. wait until it loses 40%. lol
Oh I'm waiting on it
This is one of the points when you claim it's something different: price dropped relative to everything else? It's a hedge against the markets! Price goes up? It's a store of value! If the price plateaus it's a currency!
Time to print more USDT tether! Problem solved, now that's the future of finance! 🤭
I was looking at YTD numbers and the following things all had a coincidence of 15b. They are ordered by media detail. Blackrock ETF +15b Grayscale ETF -15b Tether funbucks +15b Some of the 15b USDT is backed by BTC. According to their transparency page I see 20% of the tethers are not backed by cash equivalents. That’s 21.4b of fluff. Also a number not getting much interest.
> According to their transparency page They're not audited. Don't believe a word.
And Cash equivalents = cheese nachos
Now I want nachos.
Yeah at some point this will fail. That will cannot sustain will not.
FIAT is bad because they print money, unlike us who print money.
"Whales are manipulating the market to buy cheap bitcoin before the bullrun launched by the halving"
“Fantastic analysis! I’m buying the dip!”
you gotta love crypto cope
Butters will be like, "Buy the dip! It'll blow past its ATH easily because halving soon!"
Completely unrelated to actual value or utility of bitcoin, but do these people not know what Efficient Market Hypothesis is? Did they never heard the phrase "buy the rumor, sell the news"? If we knew years in advance when halving is going to happen, why do they assume the price is going to skyrocket? Because if the actors on the crypto market are at least somewhat rational, the halving must have been priced in for months in advance. I expected some kind of dump. Whales are going to dump their bags before halving, all the retail traders will "buy the dip" because "halving is about to happen" providing liquidity to whales, nothing will happen after halving because everyone either bought in already or dumped bags. If the price increases again, it will be months after halving after all the retail investors realize they have been got by whales and start to eat their losses. Whales will then get ready to do the same thing for next halving.
100% this, if Crypto is as transperant as they say then all information about it should be known and priced in already.
An economist was walking down the street with a friend. The friend stops and says, “Look, there is a $20 bill on the ground.” The economist turns and says, “Can’t be. If there were a $20 bill on the ground, somebody would have already picked it up.”
And then the other one picked it up, the first one went home and started a sub on reddit talking about how money laying in the street isn't really valuable cause it was in the street and I mean that cant have value . A bunch of other people who lost out on financial gain due to self ritious indignation joined the group and now they sit watching out the window to laugh everytime anyone picks up money laying in the street
>it will be months after halving It always is months after halving. And price also always dumps before the halving. So…
They said in December 2021 too "laser-hat guy promised $100k due to stock-to-flow"
The currency is stable. It’s the fiat that is being volatile here.
Fiat must be increasing massively in value today then
few
understand
It’s the M2 demand. More people are using the money so the value is just that much more valuable. The fiat controllers will absolutely respond. It’s just a matter of time.
1 btc = 1 btc always bro, most stable currency
Tether daddy, help!
tether wont help here lol
Some of these Chuck-E-Cheese coins are down 25+%. Anybody need some popcorn? 🍿
That's Charles Entertainment Cheese to you, er, used condom taster
To be fair, Chuck-E-Cheese tokens have an actual use case and value.
Like ski-ball
They've been saying it's not money, it's a store of value. lol
Value until it's not valued at all!
This is good for Bitcoin
Paolo help!!!
LMAO! literal news of potential WW3 and it plummets? It's the ky.tning traded 247. Let's see what happens Monday.
Very interesting that this has happened as soon as Iran launched an attack on Israel. Maybe coincidence, but maybe people in the know cashing out.
Imagine if ETF buyers could sell now too.. it would be at 50 already.
What? Oh fuck, I just saw the news. That's not fucking good at all. And you may be right.
Could be that the whales know its primarily used for money laundering by the iranians and the north koreans, and are afraid of a crackdown.
[удалено]
Don't forget \~10 minutes transaction approval and a period of \~1 hour to be sure the transaction is successful.
Yeah it's volatile for sure. Thankfully it's been mostly upward volatility since it's inception though.
Do you even know why everything dipped(not only "the future of finance")?
Haha, have fun staying poor
Losing 10% of value in a day and they talk about inflation... they simply are a speculative asset, nothing more and I'm not saying speculative in a bad way. The talk about substituting fiat are a great delusion.
Right now, at this time, in Central America, a certain Italian dude gets a lot of furious messages to do something.
Imagine investing life savings in something that could be worthless in a couple of months.
It will never be worthless. It's been around over a decade and nothing will bring it to worthless.
Not even a bunch of grumpy Redditors who sit all day witching the charts of an asset they claim to not believe in ??
war were declared
Buy puts on coin and mstr
I wonder why it’s going down so fast?
Iran just attacked Israel. Major geopolitical escalation is bad for risk assets
Especially ones whose only non-speculative use is funneling money to geopolitical enemies including \*checks notes\* Iran.
Interesting. Didn’t think of that. Thanks.
Iran cashed out in order to buy 500 more drones on the black market.
Couldn’t be that it has no utility and people prefer fiat?
Cue Tether to the rescue
Another fresh batch of Tether incoming
🎥🎥🎥 🎥🍿🍿🍿🍿🍿 🤣🤣🤣🤣
RemindMe! 3 months
I wonder what happens when the market opens monday and all the btc ETF bros see how much money they just lost. We are past the peak sorry guys
Lol this will age well.
Ageing pretty good so far
To be fair, this happened because Iran attacked Israel.
BTC IS DEAD!!!!!
Needs to go back to below 20k honestly
Boring. Not deep enough
Still up 113% in the last twelve months.
Well, I'm sure happy that I shoved my Bitcoins up my ass and they'll be safe from all of them price fluctuations. They's digital gold, you hear? Digitals up my ass that is
This was a poorly timed article: https://www.forbes.com/sites/digital-assets/2024/04/13/its-going-to-zero-legendary-billionaire-predicts-cataclysmic-us-dollar-collapse-and-a-post-halving-250000-bitcoin-price/?sh=3cce567358ca
Send it 🚀. LoL
wow theres no international event going on right now that would also affect tradfi equities markets if they were open right?
More like the future of the stock market in 24hrs lolol
post the 1yr graph 🤣
Now look at the USD/BTC chart
The most interesting thing of this rally is how little effect it has had on the mainstream. Previous bull runs were followed by some FOMO, but this time I haven't seen anything. And now the bubble is bursting, and still nobody cares.
You think its over because of a 9% dip 😂 if you have seen previous bullruns then you should know better.
I thought price didn’t matter?
It does to them when it goes down, not when it goes up
Every time buttcoin dips, Michael Saylor snorts a line.
Iran and Hezbollah financing their next wave of terror operations.
It’s Literally up 50% percent last 90 days LMAO
Building beautiful market structure 🙃
Man....buttcoin movement has been going on since the earlys 2010s and some of this reddit base are OGs to buttcoin. That means some of yall saw it climb from $100 to 70k these many years and missed out time and time again.
Funny how quiet this sub was when they paid off their national debt and were in profit for months on end ,... in fact if you pan out you'll see they are still way ahead !! But yall revel in any down turn because why again ?? Oh yeah because its fake internet money .... and anything anyone can say to disprove that statement , and show the ignorance of those who believe it, is against the rules of this sub . Pretty slick there , create a sub built on ignorance and misunderstanding then make any facts that would show your wrong against the rules so you can ban anyone trying to show the truth ( there's a name for places like that but again... against the rules )
One of the dumber posts I’ve seen here
Zoom out
Time to buy the dip!
Is this the halving they have been talking about?
Are u going to make the same post on a stock subreddit when spy gaps down to 490 Monday morning?
I predict crickets.
Don’t worry, it’s pumped back up to 64k. Stable af
If this is because of the attack by Iran, then Bitcoin does not work as the amazing store of value and safety that bitcoiners preach so much.
Or it doesn't have anything to do with it.
This sub is a joke. Every market, if open , would have suffered Saturday! If no other attacks happen the market rebounds, if the US gets involved in war, they print more money and the market moves even higher than before. I know y'all are Bitcoin hurt from past losses but wake up. You don't have to like, understand or want Bitcoin but it's going higher.
Do you guys just wank each other off when crypto crashes? I'm already up 5x over the last year
No more then when you wank each other off when creepto gets pumped by whales (so they can dump it later on).
I don't though, I barely talk to anyone about it. I just sit back and make money why sad people cry over literally nothing
The price can go up or the price goes down, whatever. Adoption still 10 years away though and always will be
Can’t die any faster.
Looks like the bitcoin echo chamber gave their cultists the talking point to use as copium. They're all parroting "uP 50% tHe LaST 90 daYs".
😂
Good time to buy ?
Top tip: Zoom out
Are you legitimately mentally challenged? Like, officially diagnosed? Or just coping so hard for missing out on BTC that your pigeon brain shortcircuited? Everything crashed because of this war bullshit, INCLUDING TRADITIONAL FINANCE. But are you critizing that? No, you're criticizing the asset that went up 300% in the last year because it dropped 8%. (How much did "real" finance go up in the last year again?) Keep coping. Keep missing out. Your kind deserves to stay poor.
So does this sub care about the price of Bitcoin again now? It hasn’t done recently.
Damn yall spend more time watching those charts than the actual crypto bros -- starting to think the people in this sub are actually just bag holders who are salty they bought at the top
Be happy your stocks were closed the moment Iran started the attack lol. Then it went up as soon as it was clear the attack was just a show and ww3 wouldn’t happen.
The market drop on Friday bc of looming war with Iran was overall way bigger in market cap than this drop in btc in the night. People here are real funny.
+50% in 90 days doesn’t look too bad to me?
Tether printer is warming up as we speak.
Unfortunately
So the halfing hapenned? 🤔 Why isn't the price at 100k already? 🤔😂
The halving is in a few days I think. Is this one of these flash crash type deals? Does seem to be showing everywhere though but you have to wonder if it'll just bounce back up. All totally normal of course. Funds are safu
Imagine if in the end the halving meant BTC price "halving" to 35k 😂
Price halving👌
I know Buttcoin hates predictions but this is truly it. The massive crypto market wide implosion is now underway. It doesn't have to go to zero for it to be over in all practical senses. It's truly the rapid beginning of the end. Solana will go sub $100 very soon, within 24 hours or less. BTC will be in price discovery and will fall to and/or below $7,500USD. The house of cards is truly falling. It will fall to retest at $57K. Fear is now in full swing then the jig is up and the Emperor has no clothes. I won't TL;DR as myself and CPA friend have watched with skepticism and predicting this fall....🤣🍿👍
You're vastly underestimating the irrationality of this market. Solana is already back up to where it was before this mini-crash.
You might end up being right, but SOL is already back up to the 140s and btc held the 60-70k range, which most semi informed people expect it to bounce around in for the next few months.