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why is crypto crashing?

 
Anonymous Coward
User ID: 71594506
Canada
05/09/2022 12:41 PM
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Re: why is crypto crashing?
the threat of nuclear war.

Imagine an EMP going off and all of a sudden your broke with no possible recovery of lost funds.
 Quoting: Anonymous Coward 71829742


that is a massive misconception, bitcoin is quite hardened against such things, the relatively compact copy of the entire chain / all nodes everywhere do not cease to exist over one or more EMP's in part of the world.

if nukes are flying and EMP's hitting you, it's a total catastrophe at that point and little will probably do you any good.

most of GLP's crypto citics cry this whole "that fucking crypto is useless when we get nuked and return to the dark ages" as if that means anything,

the elite who run this show are putting us on course for a transhumanist future with decentralized networks and transmission of digital value, you guys wanna bet on the apocalypse and prep, be my guest,

but digital assets like bitcoin aren't going anywhere, its a $1T+ commodity because it does something special most of you precious metal tards refuse to understand.
The_Real

User ID: 76767088
Denmark
05/09/2022 12:41 PM
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Re: why is crypto crashing?
?
 Quoting: Seething


Nothing is crashing, its just the final shakeout before lift off to 80k 82k usd. After That run up, then we will have a huge crash.. Just buy low and ride it up
The_Real

Za Slobodu i za Dom
DodgerFan

User ID: 80454447
United States
05/09/2022 12:46 PM
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Re: why is crypto crashing?
Crypto started crashing when Trudeau locked up all those Truckers wallets.

This destroyed the illusion that crypto was safe and secure and protected from government agencies.
IChoose

User ID: 37137747
United States
05/09/2022 12:47 PM
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Re: why is crypto crashing?
The hedgies artificially inflated price, then shorted it to pay for their naked shorting of gme/amc

Eventually it will all come out

Just invest play money in these with the intent to leave for ten years or more

They are criminals and they have the keys to the market with no oversight presently

Hope they lose trillions
IChoose in all manner of my being

Without choice you are a slave
Anonymous Coward
User ID: 81687694
Brazil
05/09/2022 12:49 PM
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Re: why is crypto crashing?
 Quoting: Anonymous Coward 71594506


its a $1T+ commodity


No, it's not. $1 trillion fake money printed by tether printer won't ever be $1 trillion usd. FYI, that's why BTC value is so high, scam coin bumped my fake money.
Waffles ™

User ID: 80420455
United States
05/09/2022 12:49 PM

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Re: why is crypto crashing?
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 Quoting: Seething


Cause it's a worthless ponzi scheme?
-------------------------------------
Anonymous Coward
User ID: 76136020
United States
05/09/2022 01:20 PM
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Re: why is crypto crashing?
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 Quoting: Seething


Cause it's a worthless ponzi scheme?
 Quoting: Waffles ™



Jane, you ignorant slut.
Anonymous Coward
User ID: 78131002
United States
05/09/2022 01:26 PM
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Re: why is crypto crashing?
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 Quoting: Seething


Cause it's a worthless ponzi scheme?
 Quoting: Waffles ™



Jane, you ignorant slut.
 Quoting: Anonymous Coward 76136020


lmao







GLP