[Armageddon]

Massive crypto wipeout tonight — per Coinglass data, over $19 billion in leveraged bets have been liquidated, impacting more than 1.6 million traders. Roughly $7 billion of those positions were flushed out in just one hour of trading on Friday.

[theluckycountry]

$this->bbcode_second_pass_quote('Armageddon', 'M')assive crypto wipeout tonight

[theluckycountry]

Great video on this one
https://www.reddit.com/r/Bitcoin/commen ... ast_night/

[theluckycountry]

How lame is the financial thinking...

$this->bbcode_second_pass_quote('', 'C')rypto market traders were hit by record liquidations just days after Bitcoin touched an all-time high, after President Trump triggered a wave of cross-market volatility saying he would impose an additional tariff on China and export controls on software.

[Armageddon]

$this->bbcode_second_pass_quote('theluckycountry', 'G')reat video on this one
https://www.reddit.com/r/Bitcoin/commen ... ast_night/

[theluckycountry]

$this->bbcode_second_pass_quote('Armageddon', 'I') heard the stop-losses weren’t working on the big exchanges. Everything happened in under 10 mins

[theluckycountry]

I wish Inke would post something, I could use a laugh He talks about "Not yet" and "by the end of the year" as though there is some kind of analysis going on But Inke is clueless because aside from it's link to the Nasduck, which is linked to the DOW, there is nothing at all going on aside from Whales pumping and dumping. The coinheads were all looking forward to October because 'Rocktober' is the month for big gains. Another delusion broken.

[careinke]

$this->bbcode_second_pass_quote('theluckycountry', 'I') wish Inke would post something, I could use a laugh He talks about "Not yet" and "by the end of the year" as though there is some kind of analysis going on But Inke is clueless because aside from it's link to the Nasduck, which is linked to the DOW, there is nothing at all going on aside from Whales pumping and dumping. The coinheads were all looking forward to October because 'Rocktober' is the month for big gains. Another delusion broken.

[theluckycountry]

$this->bbcode_second_pass_quote('careinke', ' ')ETH is a dead man walking, not going to be a player even if it is the second largest market cap of all crypto. Think Blockbuster being replaced by Netflix.

[Doly]

I'm trying to wrap my head around what bitcoin and crypto are really about. I know, it's rather late for this, but I always found it strange that peak oilers always have treated crypto as kinda self-evident. No, it's not, not for me.

I've written some stuff in my blog about it, I'd appreciate any thoughts and comments from people in this forum, either on the blog or replying on this thread.

https://cluelessmagic.wordpress.com/202 ... crusaders/

[careinke]

$this->bbcode_second_pass_quote('Doly', 'I')'m trying to wrap my head around what bitcoin and crypto are really about. I know, it's rather late for this, but I always found it strange that peak oilers always have treated crypto as kinda self-evident. No, it's not, not for me.

I've written some stuff in my blog about it, I'd appreciate any thoughts and comments from people in this forum, either on the blog or replying on this thread.

https://cluelessmagic.wordpress.com/202 ... crusaders/

[theluckycountry]

$this->bbcode_second_pass_quote('Doly', 'I')'m trying to wrap my head around what bitcoin and crypto are really about. I know, it's rather late for this...

[careinke]

$this->bbcode_second_pass_quote('theluckycountry', '')$this->bbcode_second_pass_quote('Doly', 'I')'m trying to wrap my head around what bitcoin and crypto are really about. I know, it's rather late for this...

[theluckycountry]

You're a sap Inke. Go back and read dopeys posts, they disconnected from this forum a year and more ago, they are just a blogger now that pops in to try and garner viewers. But by all means go down there and try and sell BC to the unwashed, we goldbugs don't need to upsell, the world's central banks are doing that for us

[theluckycountry]

$this->bbcode_second_pass_quote('', 'U').S. Government Adds To Bitcoin Reserve With Historic $15 Billion Seizure In Forced Labor Crypto Scam Case

[theluckycountry]

$this->bbcode_second_pass_quote('', '�')��Western fiat currencies are in real trouble,” warns billionaire investor Frank Giustra in a new interview with Daniela Cambone. He foresees an imminent monetary reset that could send gold prices soaring, calling it a “once-in-a-century dynamic.” Central banks, he says, are quietly driving this shift through unprecedented gold buying—an early signal of eroding trust in paper money.

[theluckycountry]

Others have the same concern.
$this->bbcode_second_pass_quote('', 'i')f bitcoin is digital gold and the perfect store of value, why is it not performing as such?
In theory it makes sense that BTC is the perfect store of value, but why is it not in times when gold is rising, not rising too?
Some risks I identified which may be the cause:

-market is not liquid enough for big transactions (e.g. if I would sell BTC worth billions, the market would not have enough buyers and the price would dump)

-centralization of power in the USA: BTC is now controlled by BlackRock, Strategy and other US institutions. Why would a non US entity buy BTC when it is so tightly integrated in a foreign country.
Let me know what you think

[theluckycountry]

4 min. ago
I think I got scammed
1h ago
Why is everyone making a big deal?
I don’t understand. I check and I still had the same amount of bitcoin as I did a week ago????
2h ago
It’s been 500 days
Some of you may know the 500 day rule. That says, the top is somewhere after 500 days after the halving. It’s been 500 days. The top may be in.
4h ago
Will BTC drop below 100K?
BTC’s been showing weakness around the 108K level lately. Some say it’s just a healthy correction before the next leg up, others think the hype’s cooling off.
4h ago
JUST IN: $450,000,000 liquidated from the crypto market in the past 30 minutes!
-HOW TF ARE PEOPLE STILL LEVERAGED
-Gambling addiction?
-https://www.reddit.com/r/Bitcoin/comments/1o8n5j2/just_in_450000000_liquidated_from_the_crypto/

All the downer posts from the post above have already been deleted by the ShitcoinMods, these will be too in short order.

[theluckycountry]

Trust! It's at the root of all investment. You have to trust what you're putting your money into. You have to see logical reasons why it will give you back your money, when you want it. It's as simple as that. Over on the r/coinhead sub people are bailing but no reason is given, but it's obvious. They are not bailing because it's gone down a little, they are getting out because they don't trust it anymore.

That never happened with the housing crash. Everyone knew houses would eventually come back, to some higher level. People were only driven out by being over leveraged. Certainly a big problem in BC circles. Even at the top! Look at Strategy, it's leveraged up the wazoo but Saylor never spoke of it in any interviews I ever heard him in. No interviewer discussed it, no one called him on it. An empire built on debt, and a single highly volatile speculative asset.

Well if the naysayer holders are right, winter has arrived, and regardless of Fiat money printing or a collapsing $US The savior of wealth is going down the toilet for 3 years. But you know the funny thing? No one has ever explained WHY it goes down the toilet for 3 years. I know why, it's as obvious as the nose on my face! But inside the bubble they haven't a clue.

BTC $104k

[mousepad]

$this->bbcode_second_pass_quote('theluckycountry', '
')BTC $104k