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Thread: Bitcoins are officially donkdown

  1. #8061
    Plutonium sonatine's Avatar
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      Sanlmar: Babe
    "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

  2. #8062
    Plutonium Sanlmar's Avatar
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    Babe

    Genesis files for Chapter 11 bankruptcy

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  3. #8063
    Plutonium Sanlmar's Avatar
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    Thank god crypto rejects fiat or I’d be concerned

    https://www.piratewires.com/p/crypto-choke-point

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    Operation Choke Point 2.0 Is Underway, And Crypto Is In Its Crosshairs
    detailing the Biden Admin's coordinated, ongoing effort across virtually every US financial regulator to deny crypto firms access to banking services

    SBF lit the fuse

  4. #8064
    Diamond Tellafriend's Avatar
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    one of the fed governors a day or two ago warned they may all go to zero and not to expect a bailout.


    i wouldn't own it with tine's $

  5. #8065
    Platinum garrett's Avatar
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    Quote Originally Posted by Sanlmar View Post
    Quote Originally Posted by FRANKRIZZO View Post
    Is Gemini still okay? Want to throw some money on acr don't want it in llimbo
    Although we wouldn’t be surprised if this BTC squeeze was the Winklevii trying to spark a rally to plug their hole with inflated Bitcoin
    All Markets are Cyclical so do and will Cycle just sometimes the peaks and valleys are greater than other times

    Hopefully not being actually serious that is not what happened, the current Markets seeing a more Cyclical time speculation is fun

  6. #8066
    Platinum FRANKRIZZO's Avatar
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    I have seen a few companies that went busto or claimed to. There was substantial bitcoins found in the exchanges. I have never seen any of their customers get refunds. Who gets the money the feds? Why don't funds go back to customers?

  7. #8067
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    Until early December last year I hadn't owned any BTC for a long while. I've made 4 purchases altogether since then. There have been zero BTC bulls in this thread for a long time. Is anyone else mildly bullish on BTC specifically or crypto in general? There used to be people who said it was going to a milion or to 100k by end of '22. I don't hear from them so much anymore.

     
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      garrett: Solid and lold

  8. #8068
    Plutonium sonatine's Avatar
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    ever since john mcafee died after eating his own dick when bitcoin failed to break 100k, crypto has been kind of a downer tbh.

     
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      country978: i can see how that could be a head wind
    "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

  9. #8069
    Master of Props Daly's Avatar
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    Quote Originally Posted by Daly View Post
    Quote Originally Posted by Sanlmar View Post
    Meme is back baby

    AMC, Bed Bath, GameStop & crypto

    Im not calling for any great bounce back…. But a whole lot was working against Bitcoin the past few months and it held ~$17K as a floor.

    It can always get worse from here, but I feel comfortable saying we will trade in the 20’s shortly and it will probably hold for a long while.
    Quote Originally Posted by country978 View Post
    Until early December last year I hadn't owned any BTC for a long while. I've made 4 purchases altogether since then. There have been zero BTC bulls in this thread for a long time. Is anyone else mildly bullish on BTC specifically or crypto in general? There used to be people who said it was going to a milion or to 100k by end of '22. I don't hear from them so much anymore.

    Bump


    So long as you keep expectations in check its a good place to be. Ive made sure a lot of my….. winnings….. from certain activities have come in the form of BTC. People have been a lot more willing to part with it over the past few months and its very much true you dont hear from the Wen Lambo? Crowd any more.

    Its gone from 16.8 to 24.8 in a short amount of time. I wouldnt blame someone if they called dead cat bounce here.

     
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      country978: you did call the 20's

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    Somebody told me you can't go broke taking a profit and so my latest BTC venture has been cut by 75%. Market is too volatile.

  11. #8071
    Plutonium Sanlmar's Avatar
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    US President Joe Biden has chosen Federal Reserve Vice Chair Lael Brainard to be his top economic advisor.

    Brainard is a Fed “CBDC cheerleader” and her appeal to the Binden economic team is obvious. Confluence with Binden’s crew trying to unbank crypto and its morning in ‘Merica


    No one cares.

    Balloons

  12. #8072
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by Daly View Post
    Its gone from 16.8 to 24.8 in a short amount of time. I wouldnt blame someone if they called dead cat bounce here.
    I wouldn’t blame someone if they called $30k “generational opportunity”.

    You tee’d that up.

    Yes, there is always a trade and this time it was well done. Props

  13. #8073
    Cubic Zirconia
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    Quote Originally Posted by country978 View Post
    Somebody told me you can't go broke taking a profit and so my latest BTC venture has been cut by 75%. Market is too volatile.
    Just relax and wait. It's impossible to know how the bitcoin chart will develop in the future but what we can definitely say is that it can go up like an explosion in just 3 months. Because that's what happend before and it can happen again. Btw I see the gambling industry now jumps on the crypto train too and more crypto casinos open their doors. This is good news too for cryptos.
    All of these crypto online casinos are listed on cryptogmblr.com for those who want detailed reviews of them.

  14. #8074
    Master of Props Daly's Avatar
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    Bothe the US Fed and Bank of England has listed several jobs seemingly related to getting a sovereign blockchain currency off the ground in the past week.

    Its been said in here previously but its coming sooner rather than later.

  15. #8075
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by Daly View Post
    Bothe the US Fed and Bank of England has listed several jobs seemingly related to getting a sovereign blockchain currency off the ground in the past week.

    Its been said in here previously but its coming sooner rather than later.

    “Sovereign block chain currency”. Why the euphemism?

    Say my name. “CBDC”

    Also, sooner than what? Sooner than sooner perhaps.

    Fun is just around the corner.

  16. #8076
    Plutonium Sanlmar's Avatar
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    We regulate any stealin' of his property
    We're damn good too
    But you can't be any geek off the street
    Gotta be handy with the steel


    - Gary Gensler SEC

    They got your homie hemmed in … that geek CZ and Binance are next.

    Clearing the streets for CBDC and you’ll be thankful things are safe agin

    Shout out to Elizabeth Warren “G”

     
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      Tellafriend: love the reference

  17. #8077
    Plutonium Sanlmar's Avatar
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    Quote Originally Posted by Daly View Post
    Quote Originally Posted by Sanlmar View Post
    @Daly

    CBDC in 10 years?

    Give the other side a sporting chance and offer 5.

    Recall I am/was basically a luddite when it came to digital currency. I do know which way the wind blows, however. Not gonna be good.
    The financial system can’t build the rails fast enough for a 5 year rollout. The fed can build the train in a year.
    Have you now given any thought how the currency reset will be executed and how you will have yourself positioned?

    Obviously you’re not holding bonds, for instance.

    We should chat up some scenarios.

    When you make a purchase initially you will select your fiat (for lack of better word) or CBDC account for payment. Isn’t that something to ponder? It spins out from there

  18. #8078
    Owner Dan Druff's Avatar
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    Bitcoins aren't donkdown yet, but crypto bank Silvergate is: https://www.cnn.com/2023/03/08/busin...pto/index.html


  19. #8079
    Plutonium sonatine's Avatar
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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

  20. #8080
    Diamond dwai's Avatar
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    bitcoin price may 2013: $116.75

    bitcoin price today: $20,257.00


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