So, global pandemic. NYC state of emergency and on the verge of shutdown.Originally Posted by sonatine
s&p 500 is down 4%+ in the last few hours, pending a cure for coronavirus there are really very few reason for the market to improve by nightfall.
Small chance of economic seizure.
Wasn’t this the moment Bitcoin was built for? Nope, gold is making a strong comeback.
But by all means keep burning those fossil fuels to keep the meter running.
Don't tell me this is Amazon's moment in historySo, global pandemic. NYC state of emergency and on the verge of shutdown.
Small chance of economic seizure.
Wasn’t this the moment Bitcoin was built for? Nope, gold is making a strong comeback.
But by all means keep burning those fossil fuels to keep the meter running.
The failure to rally here here in financial crisis might be the very reason for a btc crash.So, global pandemic. NYC state of emergency and on the verge of shutdown.
Small chance of economic seizure.
Wasn’t this the moment Bitcoin was built for? Nope, gold is making a strong comeback.
But by all means keep burning those fossil fuels to keep the meter running.
Bitcoin may be DD.
Ironic
I don’t want to joke when Druff has money stuck, but if BTC isn’t rising now, what is it at this point?The failure to rally here here in financial crisis might be the very reason for a btc crash.
Bitcoin may be DD.
Ironic
I don’t want to joke when Druff has money stuck, but if BTC isn’t rising now, what is it at this point?
still donkdown, officially.
"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
Bitcoin likely thrives with the level of corrupt and illegal economic activity, which is probably also being depressed by this growing pandemic. So, it’s not necessarily the case that BTC should rally at this time because of this crisis.I don’t want to joke when Druff has money stuck, but if BTC isn’t rising now, what is it at this point?
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Amazingly, this crash is likely because a Ponzi scheme has been unloading its ill-gotten BTC over the past 36 hours, and the market is so flooded with sell orders that it's depressing everything.
https://u.today/real-reason-behind-1...ed-by-analysts
On the bright side, I'm almost ready for another cashout because I've been pwning heads on Ignition lately.
yeah the big concern for as long as i can remember is essentially a run on the banks created by one big whale account dumping their holdings.
its the achilles heel of the entire crypto model and honestly its totally possible we will be trading at hundreds instead of thousands per bitcoin this year.
in fact... in about 4 hours im going to short some bitcoin indexes, methinks.
"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
The sky is falling, What seemed to be a soft floor at 8k, Has now collapsed, sitting at 7700, Maybe a bottom at 6k, The few people I know with a little coin sold this morning between 7900 -8000 in fear bitcoin will fall to around 7k fairy quickly
-Allergic to the struggle
good for you. I can't even beat .2 .05 zoom. I did get 4th in a 1 k guaranteed. Lost 3 buyins in .2 .5 nl lol. It used to be stupid soft like warm margarine.
BiTCoIn WiLL thRIvE DuRinG TuRMoiL
"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
crypto bloodbath is just beginning imo
Welp.
I made a pretty big mistake not unloading my bitcoin.
6250.
"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
this Thread was huge entertainment
Insufferable stupid shit like HODL though
Just dead cat bounced from 5800 to 62xx, now back to 5800.
:bloodbath
The whole premise was proven bogus
gold is down 2.5%
btc is down 25%
i tried to warn you all but you wouldnt listen to reason.
"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
If you didn't sell earlier on then hold otherwise look for a buying entry if you need some we've all been down this road before seeing what happens.
It's probably a better investment than many stocks but not yet let it dip some more.
Just my opinion here and it likely gets worse before it gets better.
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