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Crypto crash has begun -bit oin below $47k and falling fast

 
Anonymous Coward
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02/23/2021 08:42 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
The most volatile aspect of crypto is the the backbone. Power and network infrastructure.

I don't know many people that expect those to hold up when everything comes tumbling down.

Once we are all "offline", the only true value is barter for goods.

Ammo, food, water, silver and gold, etc. Crypto is as good as a 10K dollar bill when it's all hand to mouth and shooting those that want to take everything you(physically) have.
 Quoting: Anonymous Coward 79316086


This is the reality I've been preparing for in a Bidenized post-Trump world.
:madmax:
 Quoting: Dollar Bill Wick


I've got a V8 Interceptor.

Let's roll.

Anonymous Coward
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02/23/2021 08:43 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
BETTER HODL ON!!!1!dancingmoving
5a
Anonymous Coward
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02/23/2021 08:55 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
maybe word of this is getting out

Thread: I have Uncle Intel On CRYTPO
 Quoting: Anonymous Coward 76011439
minimeister
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02/23/2021 09:00 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
Anonymous Coward
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02/23/2021 09:00 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast


agree with her 100%
 Quoting: Anonymous Coward 20559992


Your leftist tendencies are showing
Anonymous Coward
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02/23/2021 09:01 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast


agree with her 100%
 Quoting: Anonymous Coward 20559992


Your leftist tendencies are showing
 Quoting: Anonymous Coward 79646370


so what tell me mr. Brainiac what and how is the dollar (Cash) transferred.
Anonymous Coward
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02/23/2021 09:01 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
Janet doesn't like bitcoin.
Anonymous Coward
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02/23/2021 09:02 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
You guys dont even have a clue why it is dipping. it is going back up retracethen new ath again. Cant wait for yall to go quiet again
Anonymous Coward
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02/23/2021 09:03 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
The price of bitcoin has dipped below $48,000 from nearly $57,500 on Monday as derivatives positions worth almost $6 billion get force liquidated by crypto exchanges.

In the last 24 hours, $5.65 billion worth of open interest was liquidated by crypto exchanges, according to tracker Bybt.com. In other words, crypto exchanges liquidated traders' overleveraged positions.
Anonymous Coward
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02/23/2021 09:04 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
You Morans. They stole an election now they are stealing your money. If you watched the trading you know it was a controlled takedown.
Anonymous Coward
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02/23/2021 09:04 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast



agree with her 100%
 Quoting: Anonymous Coward 20559992


Your leftist tendencies are showing
 Quoting: Anonymous Coward 79646370


They already came to a settlement. FUD over. Get in or get left. BTC to 70k
Anonymous Coward
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02/23/2021 09:06 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
Is bitcoin turning into a pump and dump penny stock?
Anonymous Coward
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02/23/2021 09:07 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
Wow, we have not seen levels like this since this was the record high on Friday. Oh nos!
JohnDough

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02/23/2021 09:07 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
moar
Ivermectin is the answer...
Anonymous Coward
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02/23/2021 09:09 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
Elon dumping
 Quoting: Anonymous Coward 77950187


Word around the campfire is that Elon pulled all his buttcoin after his big pump and bought into physical silver for his Tesla batteries as the physical supply is running out ...

burnit


sealsealseal


Bitchez !!!
Anonymous Coward
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02/23/2021 09:11 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
Stay mad no coiners
We will probably see a correction down to 35k before we bounce up to 100k
Anonymous Coward
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02/23/2021 09:12 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
Stay mad no coiners
We will probably see a correction down to 35k before we bounce up to 100k
 Quoting: Anonymous Coward 80059494


get ready for the 80% correction when the ponzi pump is over
Anonymous Coward
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02/23/2021 09:13 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
I never really post in these threads. I just let the ignorant people who know nothing about crypto hurrdurr their way through. I’ll let you in on a secret- crypto trading right now is about finding the next Bitcoin before the government decides these things can no longer exist. On a smaller scale, it’s about speculation and knowing how to ride buy-ins and sell-offs to make quick, easy money. Is it real? About as real as a debt based economy. But that isn’t the point. If you’re intelligent, you can make money. If you’re stupid, you sit in the sidelines and pontificate about things you don’t really know anything about.
Anonymous Coward
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02/23/2021 09:13 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
Stay mad no coiners
We will probably see a correction down to 35k before we bounce up to 100k
 Quoting: Anonymous Coward 80059494


get ready for the 80% correction when the ponzi pump is over
 Quoting: Anonymous Coward 80079832


Too much drugs and kids get sold worldwide. Crypto is here to stay.
BBQ BOY™

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02/23/2021 09:15 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
btcanstor
"Never underestimate the pain of a person. In all honesty, everyone is struggling. Just some people are better at hiding it than others."

Everyone has to work out their own salvation.

Life can only be understood backwards, but it must be lived forwards.
Anonymous Coward
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02/23/2021 09:24 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
IT'S OVER BITCOIN IS DEAD!!!!11!

MY FELLOW WHITE PEOPLE, SEND YOUR BITCOINS TO ME TO AVOID ANY LOSSES!!!1!!
Anonymous Coward
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02/23/2021 09:30 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
IT'S OVER BITCOIN IS DEAD!!!!11!

MY FELLOW WHITE PEOPLE, SEND YOUR BITCOINS TO ME TO AVOID ANY LOSSES!!!1!!
 Quoting: Anonymous Coward 79831520


I'm waiting to buy ALL 1,200,000,000,000,000 Satoshi when it hits zero.
Lady Jayne SmithModerator
Forum Administrator

02/23/2021 09:35 AM

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Re: Crypto crash has begun -bit oin below $47k and falling fast
This cycle is ending. BTC runs in cycles. Only trading opportunities at the moment. Next target I have is $38K, with a trading bump. There will be several trading bumps along the way.

I expect next cycle, BTC will touch $250K, plus or minus a bit. That will not be for around another 18 months.

That said, make the choices that work best for you.
Fate whispers to the warrior

"You cannot withstand the storm"

the warrior whispers back

"I am the storm"

INTJ-A

Killer Bunny
Anonymous Coward
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02/23/2021 09:37 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
It’s not a crash it’s a sale.
WG
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02/23/2021 09:39 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
Be an investor and swing trader, not a day trader. These drops in crypto are normal. Know when to take profit, know when and which ones to hold. Better yet do the 80/20 strategy. Sell/swing trade 80% and hold 20% long and grow the position with a few trades here and there.

That being said, this drop occurred thanks to F2Pool, who dumped $1.8 billion in BTC on the market in 1 hour. It will recover.
Anonymous Coward
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02/23/2021 09:39 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
My $44,900 limit buy went through overnight with a wicked red wick. I don't care what the USD price is. I count my wealth in ounces of gold and silver and in sats.
Anonymous Coward
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02/23/2021 09:40 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
IT'S OVER BITCOIN IS DEAD!!!!11!

MY FELLOW WHITE PEOPLE, SEND YOUR BITCOINS TO ME TO AVOID ANY LOSSES!!!1!!
 Quoting: Anonymous Coward 79831520


I'm waiting to buy ALL 1,200,000,000,000,000 Satoshi when it hits zero.
 Quoting: Anonymous Coward 71632887


It's 2,100,000,000,000,000
Anonymous Coward
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United States
02/23/2021 09:45 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
Stay mad no coiners
We will probably see a correction down to 35k before we bounce up to 100k
 Quoting: Anonymous Coward 80059494


It's so easy to stop being a no coiner, but the higher it goes, the more their pride kicks in paired with self-loathing. It's almost like they want to punish themselves for not getting in even though we are still early. They don't understand that they need to stop counting their wealth in dollars. Try and get as many sats as you can. Just buy a little at a time. Just keep adding to the number of satoshis you have. Little by little. Set a goal. Start by trying to reach 1 million satoshis. Then try for 10. Even if the price goes up or down, try to keep adding to the pile.

You're still early.
Anonymous Coward
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United States
02/23/2021 09:49 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
Buy the dip.
 Quoting: CosmicFire


hesright
Dr. Feels

User ID: 75789655
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02/23/2021 09:51 AM
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Re: Crypto crash has begun -bit oin below $47k and falling fast
the tether fud is over

all it took was 20 million instead of the 1.3billion

its over!!!





GLP