Bitcoin apparently just bounced back to 5200? Insanity. I could dump what I just bought for a 20%+ gain, but meh.
It dipped to $3800ish and back to $4850 within minutes (and going up still atm)
While that isn't satisfying enough to those in HODL it presented a small window buying opportunity for around 25% if you dumped it fast.
I'm thinking on these fast crashes they not only hold on but we have enough in the cult out there to start buying fast so what we just saw with $3850 to $5300+ that happened rather quickly will continue on.
This might have been one of the better spots we will see for anyone who got in around the dip to 4kish range not necessarily to dump it unless they want but to hold on when it goes back up.
once upon a time vaughns face briefly touched 5.6/10
we literally had a whole month dedicated to it at skatz
can we be really real ur face is not above a 5.8
This thing is whipsawing like a drunk.. Back down ot around 5000.. Im beginning to wonder if this isn't (come on of course it is) deliberate manipulation by shorts just like the assholes whove been crashing the stock market.. If anything and the regular market going in the tank BTC should be going up not down.. Hell even Gold is down $100 (1650 roughly this time yesterday dropped to 1555 before back up to around 1570 now) which is illogical when shit goes south gold tends to go up in price as a store and hedge against monetary crisis..
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I’m seeing $4,949 right now.
HODL till the end.
Sorry I didn’t buy your BTC Druff. 😎
Whatever institutional investors got caught up in this are bailing.
Whatever small decline comparative you saw in gold is just people raising cash for portfolio rebalancing and canned good purchases. You know better ftpjesus
why would corona tank bitcoin?
i think a more important question here is why wouldnt it? its exactly the sort of situation where a whale would want to have cash on hand. so once they start cashing out, everyone tries to squeeze through the exit with all their funds, and the size of the exit gets smaller and smaller, etc etc.
"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
There was a mention of 2010 mining account getting the ball rolling for this sell off. That could be corona related or not. I think there's still something like 40% of all shitcoins being dormant for the last 5-10 years. Any movement from that batch has larger impact to the market since it's outside the normal ecosystem that's maybe 10% of coins being shuffled around.
I thought this was Sonatine’s version of “the halving”
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"Birds born in a cage think flying is an illness." - Alejandro Jodorowsky
"America is not so much a nightmare as a non-dream. The American non-dream is precisely a move to wipe the dream out of existence. The dream is a spontaneous happening and therefore dangerous to a control system set up by the non-dreamers." -- William S. Burroughs
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