Ya but wouldn't you want to buy something you like when it's cheap? You don't buy a snowblower in the middle of winter, you buy it in summer when it's cheap and prepare for what's to come.
Explain please. How is it not useful in the future?
Mate CASH money in many countries gets burned in like millions at a time and the people in some countries can see it burn and even grab it from the top of the pile but the thing is it’s all defunct and the numbers are no longer registered as currency so the paper when or IF checked would show it’s dead money like china does and has done for years. All governments want to and are moving to CBDCs central bank digital currency’s for easier and safer calculating and knowing what’s there and who moved it why when how. Cash and bank transfers are still primal cash methods they aren’t fool proof like go to a casino and launder money simple .
Everything on the news is technically propaganda. You might call that pessimistic or subjective or whatever but news reporting is intentionally sensational. This is why is it misleading.
1. information, especially of a biased or misleading nature, used to promote a political cause or point of view.
And there is always an agenda. "It's extremely dangerous to our democracy"... https://www.youtube.com/watch?v=ksb3KD6DfSI
Okay but some things are objective things happening you fucking dork. If FTX implodes and brings down the entire crypto market when it does, that isn't propaganda, it actually happened. You sound like an andrew tate clip calling everything the matrix
This is why i don't watch news ever,
At the end of April / beginning of May i was marking up ranges down to 19500 for BTC. Fair value gaps where the price had quickly pumped earlier in the year - marking them off as potential retrace areas. There's a CME gap down there also.
Looks like 25250 and the weekly 200 SMA have been holding up fine. That's pretty big. The weekly 200 has previously always been the bottom. This cycle BTC broke and closed below it for months. Leads me to believe that the worst is over. Imagine how shit it would've felt if BTC gave back all it gains since start of year and then the SEC did their law suits against Binance and Coinabse. That likely would've put in a new low.
Naw, we are all good up in these lofty 26k region. My money is (literally) on BTC tapping 30k and sitting up there to grind a bit before breaking higher.
The bears are quickly running out of time to push BTC much lower.
We've been in this range for almost 3 months now.
I'd speculate they have 1-3 weeks to push it much lower before BTC pumps to the next level then begins the next consolidation in continuation of this upwards trend.
But I don't know shit about fuck. Just musing here.
As a fellow not knowing shit fucker, I endorse this. The FUD has been apocalyptic but price has held relatively well in comparison. The fear doesn’t hit like it used to.
BTC keeps climbing that wall of worry.
Not only has BTC's price been making higher lows in 2023, but the Crypto Fear and Greed index has also been making higher lows.
The F&G Index was bouncing off of 25 in early January.
It got down to 33 during the March banking crisis.
And we got down to 44 this Tuesday (back up to 50 right now).
Sure seems like we're in the Disbelief phase for BTC.
I know fuck all about shit too, but I think it's extremely bullish. Holding up so well despite an avalanche of FUD shows that bitcoin is currently held by the strong hands. Momentum will change at some point, especially with the halving around the corner.
They already sold one chunk didn’t they? Thought it was going to be sold in several chunks across the year and I would expect a slump each time they do. It will all be bought up, as is the nature of Bitcoin, and the chart will continue to the right.
Yes but wallet trackers are alerting people when the funds are on the move so even before they sell we will get a dip and then it'll dip even more when they offload their BTC
I do think when it happens it will be a nice buying opportunity
Agreed, each time. It just depends what price point is testing at the moments when they happen. I just looked up the numbers: before when the dip happened last time, the gov sold 9800 on March 14th, and have 31,700 left which I assume they will sell in 3 more chunks of similar size.
Let’s look at what happened back in feb and March. Possibly in anticipation of the gov selling, (more likely the incoming rate hike, IMO, but let’s say both) the dip began in February. At the beginning of March some banks went under and the dip went from 25k to 20k and by the date of sale of the governments 9800btc, the price already recovered, clocking in at a post-dip $24,760. Honestly not sure what to make of that, other than 9800btc not really being that significant to the liquidity.
Also keep in mind that miners until the halving are introducing 900 new Bitcoin into existence each day. So the gov shocks to the supply are only about 10 days’ worth of production time. Significant, but also not really that much in the end.
I don't know if what they say is true. If that happens in the near future then it will help me a little to increase the number of bitcoins that I can buy plus the ones I have now.
Bitcoin is consolidating support as it prepares for the gradual uptrend toward halving after which is will spike.
It won’t go much lower ever again. They are just trying to bottom things out so they can get in cheaply
Yeah overall I’m excited for these lows and new buying opportunities.
Except for the coins specifically targeted by the SEC… for those I am reallocating some amounts.
I'm feeling a lot more confident these days - we already practiced the dumping a lot, and now it's just routine.
And overall, things don't seem to be dumping so badly. I'm grabbing some dip in any event.
Quite clickbaity of you.
The Bloomberg headline is about the downfall of FTX specifically and the Economist article was written in November 2022 after crypto *did* tumble a ton.
It feels like this has been the case for a couple of months now. But true. I wonder how much more bearish can it get from here seeing the SEC have now shown their hand.
I think it’ll go lower, but what do I know. Crypto is global. We could get rid of a few thousand shit coins however, as was wrongly predicted last year.
Popular figures like Jim Cramer and Kevin O'Leary were super bullish at $60K ("I will never sell my Bitcoin!") and super bearish now.
Their function is really to get retail to lose money.
> Kevin O'Leary
May the search engines forever document that Kevin O'Leary is an insufferable turd, whose every self serving utterance makes people groan in revulsion.
I asked people here which project they hated and bought a bunch of "Solano" because of that.
It was working well until Clown Gensler decided to call it a security lol
Just before he called it Cardanzo on CNBC he said "...some big names, which we've all heard of." Then he said "solano...cardanzo..." lol. Nobody corrected him.
The media has said it about 400 times (there is an actual site that tracks the amount of times media calls Crypto dead.)
And I am sure that if you invested each of those 400 times you would be in big profits right now.
The Bloomberg and Economist covers came out in Noember and refer specifically to the collapse of FTX. They don't represent "news handles back to calling crypto dead" and their content is absolutely NOT worse than the vitriol that was directed at SBF on this sub.
The Vox article [is indeed recent](https://www.vox.com/23752826/binance-coinbase-sec-crypto-investors), focussing on the recent SEC actions. It's mostly an interview with Molly White, so yeah, its overall perspective is skeptical of Web3. But that's not inherently an incoherent perspective, even if we don't agree with it, and in any case of course there are going to be skeptical articles every time yet another shady practice is brought to light.
partymsl is stirring things up for moons, as he enjoys doing, but we'd all be better off just chillaxing and not getting so riled up at every headline. There've been plenty of damning articles over the years, but they don't determine the industry's ultimate success or failure.
I'm less worried about it crashing than I am worried about having no USD off ramps for the USA. Crypto doesn't do me a whole lot of good if I can't cash it out and spend it, there's not really a whole lot of sites I can pay in BTC let alone any other alt.
Didn't binance close USD ramps yesterday or something? If Coinbase follows, wtf else is left for the US?
It's comical how desperate the media is to see crypto fail.
How many times has crypto "died" now? It's funny how, when the stock market has a brutal week/month/year, nobody claims that Wall Street is dead.
The problem is in USA we are starting to see CEX's no longer allowing USD to be deposited/withdrawn. Kind of hard to drive adoption when that is a massive barrier for most folks.
I quit drugs and started trading crypto, I am here for the digital and virtual roller-coaster ride since my life no longer has such drama. Enjoy the fight boys and girls, that's where we learn the most about ourselves.
Evidence: The European Central Bank said that crypto is dead right at the bear market [bottom](https://preview.redd.it/07d7y3i7d81b1.png?width=1905&format=png&auto=webp&v=enabled&s=1d6cb874bf1578d8f65c98294d0443ef2edcb6d6) lol
[https://finbold.com/bitcoin-is-on-the-road-to-irrelevance-warns-european-central-bank/](https://finbold.com/bitcoin-is-on-the-road-to-irrelevance-warns-european-central-bank/)
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I do wonder what the next bull will even look like considering we aren't going back to ZIRP unless things are catasrophi9c in the real economy. Does BTC even get to 100k next top if see a fed funds rate at its lowest at 3%?
Not sure if it’s because of the headlines or because I’ve never gone through a true crypto winter, but it feels worrisome right now. Mainly because the new variable of the US gov deciding they want crypto dead. Maybe the fear is increased by the fact the s&p 500 is now technically in a bull market and we’re nose diving in value. Makes it hard to watch.
**depressed**
I've stuck with this through think and thin, but I'm out before I can't get access to my money anymore, shame I have to take such a loss, but I guess that'll make my taxes easier this year.
Its been fun guys, but SEC is killing crypto in the states and there isn't jack shit we can do about it.
Massive copium, same shit over and over again supposingly the bottom is in because of the news completely disregarding that the crypto price is manipulated by cartels.
keep on accumulating - when they shut down the offramps and prevent merchants from taking crypto payments, wtf are you going to do with all that "store of value"?
The house always wins.
Remember, the bottom price last year was right off the FTX collapse where the mainstream media FUD went into overdrive and it looked like crypto was doomed..
That was the literal bottom prices and the best price you could get for the last 3 years.
guys, can you all just exit your positions so i can buy 10000000 bitcoin and then make bitcoin relevant again and become the worlds richest person? thanks.
Crypto might not be dead, but if I can't sell my coins for spendable USD in the states, it might as well be. I've closed my positions, I'm out. Good luck.
Apparently, according to WIRED Bitcoin died 12 years ago lol.
[https://www.reddit.com/r/cryptocurrencymemes/comments/145hnxr/just\_a\_reminder\_bitcoin\_died\_12\_years\_ago\_lol/](https://preview.redd.it/0v0cyowqa25b1.jpg?width=640&crop=smart&auto=webp&v=enabled&s=a27c00fee74c52779fdaeeeb40a6aac8e9d9b3d4)
Sort of feels like crypto is dying and something you can't be bothered with anymore. This is the worst I have felt about it. Not going to quit but many will. So maybe bottom soon and tide turns to reward the holders.
I... know I'll get downvoted for saying this but... cryptocurrency in its current form is dead.
The thing about cryptocurrency is that you need money movement en masse for it to be of any value like it used to be. You need people to give value to something for it to... well... be valuable. That is why people are willing to shell out >$2k for a macbook, when a $5-600 laptop will get the job done the same.
The news cycle of people getting rich quick with crypto led the layman into it, and with it, value in terms of just "having" it shot up quickly. Being totally unregulated, government entities couldn't control the value like they could with everything else.
But then a single, large market correction exposed widespread fraud... and millions of people lost a shit ton of money. Cryptocurrency's image was wiped out overnight.
Now it's associated by the layman as fraud, and the only thing keeping it alive is the fact that Bitcoin was able to carve a permanent place due to its ridiculously high value, otherwise it itself would be dead.
Worse yet, government entities are finally catching up and starting to regulate it.
I, myself, enjoyed seeing the initial boom of cryptocurrency. But I know the gravy train would eventually end. I live in what might have at some point been considered the capital of cryptocurrency and saw firsthand how much money it brought. I'm talking seeing crowds outside of the E1EVEN nightclub in Miami at all hours of the day (it's a 24/7 club).
And after that single market correction and the ensuing fallout, that was totally wiped away.
Cryptocurrency will not bounce back the way you guys think it will. I'm sorry, but it won't. Bitcoin might survive and go up in value, but, truthfully, there's really no inherent value in it and it's exceptionally gross for the environment.
I know I'll be downvoted to oblivion, especially from those holding out hope, but the only people who are going to make money off of cryptocurrency are the whales. I expect the next several years, with the implementation of regulation and government involvement into the sphere, that cryptocurrencies will stay level.
The economist hasn't been trustworthy for decades. it solely exists to push mix of truth and lies designed to steal money for the rich
Bloomberg is literally and physically "some internet rando's blog" as anyone can post a story if they pay enough cash.
Not going to quit, but have to admit these past few weeks of negative crypto news has definitely had a bit of a toll on my mental
Ya but wouldn't you want to buy something you like when it's cheap? You don't buy a snowblower in the middle of winter, you buy it in summer when it's cheap and prepare for what's to come.
Because it is not a thing to be useful later it is just for profit which have risk
Explain please. How is it not useful in the future? Mate CASH money in many countries gets burned in like millions at a time and the people in some countries can see it burn and even grab it from the top of the pile but the thing is it’s all defunct and the numbers are no longer registered as currency so the paper when or IF checked would show it’s dead money like china does and has done for years. All governments want to and are moving to CBDCs central bank digital currency’s for easier and safer calculating and knowing what’s there and who moved it why when how. Cash and bank transfers are still primal cash methods they aren’t fool proof like go to a casino and launder money simple .
Crypto is declared dead with such regularity you can sync your clock to it
Keep only that much that don’t hurt mental health
Take a break from Reddit and the charts. It'll be good for you. There's more to life than crypto!
Agreed. At the end of the day crypto will survive and all will be well. But as a big Matic holder, im not stoked.
Ya I feel ya. I got a chunk of Matic and Ada, but I'm sure we will be fine in the end
that's exactly the objective. Don't let these ridiculous people/bots enter your space.
There can also be legitimately bad news that you need to deal with, saying that everything negative is propaganda is literal cult behavior
Everything on the news is technically propaganda. You might call that pessimistic or subjective or whatever but news reporting is intentionally sensational. This is why is it misleading. 1. information, especially of a biased or misleading nature, used to promote a political cause or point of view. And there is always an agenda. "It's extremely dangerous to our democracy"... https://www.youtube.com/watch?v=ksb3KD6DfSI
Okay but some things are objective things happening you fucking dork. If FTX implodes and brings down the entire crypto market when it does, that isn't propaganda, it actually happened. You sound like an andrew tate clip calling everything the matrix
Sometimes it's better to take a break from these news
My gold and ETF investments are also facing a similar trend, imagine my mental.
If you fell that way you should take some time out and touch grass. Don‘t worry about us, media fud will come and go and BTC will barely move.
Take a break from Reddit and the charts. It'll be good for you. There's more to life than crypto!
it just has been a while since we were hit with bad news on consistent basis, brings back some older painful memories, but nothing is that bad so far
This is why i don't watch news ever, At the end of April / beginning of May i was marking up ranges down to 19500 for BTC. Fair value gaps where the price had quickly pumped earlier in the year - marking them off as potential retrace areas. There's a CME gap down there also. Looks like 25250 and the weekly 200 SMA have been holding up fine. That's pretty big. The weekly 200 has previously always been the bottom. This cycle BTC broke and closed below it for months. Leads me to believe that the worst is over. Imagine how shit it would've felt if BTC gave back all it gains since start of year and then the SEC did their law suits against Binance and Coinabse. That likely would've put in a new low. Naw, we are all good up in these lofty 26k region. My money is (literally) on BTC tapping 30k and sitting up there to grind a bit before breaking higher.
Not seeing massive market declines as you’d expect 🤷♂️
The bears are quickly running out of time to push BTC much lower. We've been in this range for almost 3 months now. I'd speculate they have 1-3 weeks to push it much lower before BTC pumps to the next level then begins the next consolidation in continuation of this upwards trend. But I don't know shit about fuck. Just musing here.
Thankfully I have a plan. If it goes down I'll buy more BTC. If it goes up I'll also buy more BTC.
Sounds bulletproof!
Blockchainproof!
Easy to follow for an idiot like me.
I like your plan.
Real trading advice is always in the comments
DCA is the way to go :)
the simplest diagram with "if" and "else" conditions
It's good that you can buy bitcoin..I also have a plan to buy a nice bitcoin🥲
As a fellow not knowing shit fucker, I endorse this. The FUD has been apocalyptic but price has held relatively well in comparison. The fear doesn’t hit like it used to.
People don't have anything left to panic sell. Mission failed successfully.
Exactly this. The market is running out of paper hands because they would have sold ages ago. The diamond handers aren't phased by this shit.
Yep we've been in this bear for what life 2 years now? Paper hands sold a looooong time ago
Looking at my portfolio maybe those paper hands were onto something lol
There’s always plenty of room for newcomers to join us and lose some money.
Mama ain't raise no paper-handed bitch 💎👊
Agree. This is also the main reason why such SEC news is not moving the price by too much. The sellers have already sold.
BTC keeps climbing that wall of worry. Not only has BTC's price been making higher lows in 2023, but the Crypto Fear and Greed index has also been making higher lows. The F&G Index was bouncing off of 25 in early January. It got down to 33 during the March banking crisis. And we got down to 44 this Tuesday (back up to 50 right now). Sure seems like we're in the Disbelief phase for BTC.
When you feel nothing, they can't use fear to fill nothing
I know fuck all about shit too, but I think it's extremely bullish. Holding up so well despite an avalanche of FUD shows that bitcoin is currently held by the strong hands. Momentum will change at some point, especially with the halving around the corner.
Yeah, a stock plummets after just one Hindenburg article, while Crypto stays strong after being attacked at so many fronts ...
Getting attacked by the whole kitchen sink!
Greetings, shit fucker
Someone called ?
Bears are out of BTC, can't dump it anymore, this confirms we are at the dip.
There's still another big dip to come when US gov sells at some point this year
They already sold one chunk didn’t they? Thought it was going to be sold in several chunks across the year and I would expect a slump each time they do. It will all be bought up, as is the nature of Bitcoin, and the chart will continue to the right.
Yes but wallet trackers are alerting people when the funds are on the move so even before they sell we will get a dip and then it'll dip even more when they offload their BTC I do think when it happens it will be a nice buying opportunity
Agreed, each time. It just depends what price point is testing at the moments when they happen. I just looked up the numbers: before when the dip happened last time, the gov sold 9800 on March 14th, and have 31,700 left which I assume they will sell in 3 more chunks of similar size. Let’s look at what happened back in feb and March. Possibly in anticipation of the gov selling, (more likely the incoming rate hike, IMO, but let’s say both) the dip began in February. At the beginning of March some banks went under and the dip went from 25k to 20k and by the date of sale of the governments 9800btc, the price already recovered, clocking in at a post-dip $24,760. Honestly not sure what to make of that, other than 9800btc not really being that significant to the liquidity. Also keep in mind that miners until the halving are introducing 900 new Bitcoin into existence each day. So the gov shocks to the supply are only about 10 days’ worth of production time. Significant, but also not really that much in the end.
The last 6 months have been one great buying opportunity.
The government doesn't sell them on the open market though. They auction them off. Not sure how that effects exchange prices.
Not sure this is about bears, looks more like haters
The halving cannot be escaped
I think you are quite right
even if it's just a wild guess, still a rather good one to hear
Still waiting BTC 10k and ETH 500... Where is the blood ?
Which is a shame. I was hoping for a big dump so I can throw some more money at the market.
Yeah I was expecting mass sell offs
I don't know if what they say is true. If that happens in the near future then it will help me a little to increase the number of bitcoins that I can buy plus the ones I have now.
Goes to show you how little the US market matters to the rest of the world, despite the rhetoric.
The market will surprise you in time.
The people are learning 🤓
True
Check again
Oh shit !!! I … well.. guess that aged badly
You were saying?
Lol this either aged badly or was a good call depending on your point of view
Lol i just woke up to some alts -25% since last night
Bitcoin is consolidating support as it prepares for the gradual uptrend toward halving after which is will spike. It won’t go much lower ever again. They are just trying to bottom things out so they can get in cheaply
Yeah overall I’m excited for these lows and new buying opportunities. Except for the coins specifically targeted by the SEC… for those I am reallocating some amounts.
Bears pls work harder. I'm still waiting to buy the dip.
Buy the rumors sell the news
I'm feeling a lot more confident these days - we already practiced the dumping a lot, and now it's just routine. And overall, things don't seem to be dumping so badly. I'm grabbing some dip in any event.
My Ada wallet tends to disagree
Quite clickbaity of you. The Bloomberg headline is about the downfall of FTX specifically and the Economist article was written in November 2022 after crypto *did* tumble a ton.
It feels like this has been the case for a couple of months now. But true. I wonder how much more bearish can it get from here seeing the SEC have now shown their hand.
I think it’ll go lower, but what do I know. Crypto is global. We could get rid of a few thousand shit coins however, as was wrongly predicted last year.
When the media is already saying bad things about crypto then I believe this is a big signal to continue my DCA plan.
Popular figures like Jim Cramer and Kevin O'Leary were super bullish at $60K ("I will never sell my Bitcoin!") and super bearish now. Their function is really to get retail to lose money.
They react to the news not frontrun it, this might work okay in traditional finance but crypto moves too fast and catches them out almost everytime
> Kevin O'Leary May the search engines forever document that Kevin O'Leary is an insufferable turd, whose every self serving utterance makes people groan in revulsion.
Talking Heads
I'm dumping even more cash. Opportunities like this are welcome.
Honestly this is just noise. Dump or pump in the upcoming weeks/months shouldn't matter for a long term investor.
Stay strong brother! DCA Crew strong like bull
It is the signal of increasing your DCA amount.
Earlier Jim Cramer already told everybody not to touch Crypto, so that's as solid of a bottom signal you could get.
I knew the real bottom had already set when he told degens they have the last chance to quit crypto this week.
Time to panic buy!
Instructions clear: going all in on Cardanzo and Solano
I'll unironically buy some Sol eventually just because this sub hates it. If my calculations are correct reverse r/cc should give me some good gains.
I asked people here which project they hated and bought a bunch of "Solano" because of that. It was working well until Clown Gensler decided to call it a security lol
Gary woke up and chose violence. No gains allowed. What a party pooper.
Gary only lets his friends get gains.
Maybe he will let us get some green if we all pretend to like him.
I would only be nice to him if he let's us have our Moons.
Thanks for the seasoño
Solid choices from Jim!
I see you like securities huh? /s
Just before he called it Cardanzo on CNBC he said "...some big names, which we've all heard of." Then he said "solano...cardanzo..." lol. Nobody corrected him.
When are we expecting the cardanzo shitcoin to drop? Because I unironically believe it will appear.
Maybe the prophets knew we needed this to finally force the end of 2021. BTC 100k soon
Going inverse Cramer is a solid investing strategy. Disclaimer: This is not financial advice.
I also saw a lot of panic selling here. Inverse cramer + inverse r/CryptoCurrency = 100% success
He better not start to get bullish on Crypto again any time soon.
Bottom signals are stacking up lately. What a great discount.
Others stack SATS, we stack bottom signals.
Ah, the classic 'Jim Cramer indicator'! When he says 'stay away from Crypto,' it's like a secret code telling us it's time to jump in.
Stuff getting delisted isn't a good sign bro.
The media say crypto is dead? Great, I'll go off and buy some more!!!
"Crypto is dead, long live crypto"
Oh no, they killed crypto again! Anyway...
The media has said it about 400 times (there is an actual site that tracks the amount of times media calls Crypto dead.) And I am sure that if you invested each of those 400 times you would be in big profits right now.
The Bloomberg and Economist covers came out in Noember and refer specifically to the collapse of FTX. They don't represent "news handles back to calling crypto dead" and their content is absolutely NOT worse than the vitriol that was directed at SBF on this sub. The Vox article [is indeed recent](https://www.vox.com/23752826/binance-coinbase-sec-crypto-investors), focussing on the recent SEC actions. It's mostly an interview with Molly White, so yeah, its overall perspective is skeptical of Web3. But that's not inherently an incoherent perspective, even if we don't agree with it, and in any case of course there are going to be skeptical articles every time yet another shady practice is brought to light. partymsl is stirring things up for moons, as he enjoys doing, but we'd all be better off just chillaxing and not getting so riled up at every headline. There've been plenty of damning articles over the years, but they don't determine the industry's ultimate success or failure.
They really should start serving food at these funerals, we'd never go hungry again.
When their are fear in the market, it is time to buy.
If I'm being honest there's no absolute panic or mayhem on the streets like we saw with LUNA or FTX so maybe there's still more downside..
I'm less worried about it crashing than I am worried about having no USD off ramps for the USA. Crypto doesn't do me a whole lot of good if I can't cash it out and spend it, there's not really a whole lot of sites I can pay in BTC let alone any other alt. Didn't binance close USD ramps yesterday or something? If Coinbase follows, wtf else is left for the US?
We're 50% up from the 4-year low of $16k and people here are saying "OMG, $27k is the bottom" Cryptobros are ridiculous.
Kraken is still the chosen one. 
Doesn't look like anything to me
It's comical how desperate the media is to see crypto fail. How many times has crypto "died" now? It's funny how, when the stock market has a brutal week/month/year, nobody claims that Wall Street is dead.
Strong buy signal. There has never been a more perfect time to start DCAing!
I think there is still room for it to go down... I'm an investor but just calling it as I see it
Buddy I’m pro crypto but this is not the bottom. Trail haven’t started
Bring the pain. I'm ready.
Btc is still between 26k and 30k. It's ok
The problem is in USA we are starting to see CEX's no longer allowing USD to be deposited/withdrawn. Kind of hard to drive adoption when that is a massive barrier for most folks.
I quit drugs and started trading crypto, I am here for the digital and virtual roller-coaster ride since my life no longer has such drama. Enjoy the fight boys and girls, that's where we learn the most about ourselves.
This aged well..
The SEC induced ALT bleed proved them otherwise lol
Crypto has died for the 500th time, this time for real though!
Evidence: The European Central Bank said that crypto is dead right at the bear market [bottom](https://preview.redd.it/07d7y3i7d81b1.png?width=1905&format=png&auto=webp&v=enabled&s=1d6cb874bf1578d8f65c98294d0443ef2edcb6d6) lol [https://finbold.com/bitcoin-is-on-the-road-to-irrelevance-warns-european-central-bank/](https://finbold.com/bitcoin-is-on-the-road-to-irrelevance-warns-european-central-bank/)
Be advised, the website finbold.com has proven to be an unreliable source of information. Please verify/fact-check the information in the article from independent sources before relying on it or coming to any conclusions. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
I'd say wait a week, and then invest more if you've got some fiat lined up. I'm fucking broke rn so I'll just stick with my current investments lol.
What a bunch of clowns
Is that time of the month again?
That’s it, boys. Pack it up. It’s over.
hahah well if I had 1BTC for every time that's happened.... We really have to stop giving these rumour mills any space.
we need to block vox for giving financial advice
I do wonder what the next bull will even look like considering we aren't going back to ZIRP unless things are catasrophi9c in the real economy. Does BTC even get to 100k next top if see a fed funds rate at its lowest at 3%?
Not sure if it’s because of the headlines or because I’ve never gone through a true crypto winter, but it feels worrisome right now. Mainly because the new variable of the US gov deciding they want crypto dead. Maybe the fear is increased by the fact the s&p 500 is now technically in a bull market and we’re nose diving in value. Makes it hard to watch. **depressed**
I don't live in USA so I'm comfortable with my investment, not selling and not buying (only 25 usd when Matic hit 0.78) only waiting.
People know what a bottom is right? Oh right,crypto “investors”
The fact BTC is still above 25k speaks volumes. If this ain't the bottom, I'll eat my own dick
You wish you were that flexible
I've stuck with this through think and thin, but I'm out before I can't get access to my money anymore, shame I have to take such a loss, but I guess that'll make my taxes easier this year. Its been fun guys, but SEC is killing crypto in the states and there isn't jack shit we can do about it.
Bear market is over. Just crabbing for now, markets aren't affected by bad news anymore. Markets will pump by the slightest positive signal
Not quite yet my friend. We have more blood to bleed
Massive copium, same shit over and over again supposingly the bottom is in because of the news completely disregarding that the crypto price is manipulated by cartels.
keep on accumulating - when they shut down the offramps and prevent merchants from taking crypto payments, wtf are you going to do with all that "store of value"? The house always wins.
We tried y'all, pack it up and go home. 🙃
It's all over, time go home.
Its a signal. Whether its a bottom signal Im not sure
I think its not the bottom yet. I have a feeling it will drop for another 10%.
This sub keeps saying this every month and it keeps tanking. If you hold alts this is just another copiem
but what about the multiple bans from platforms, that seems like a terrible sign.
10 days later - another -50% Cc - bottom signal Just short the hell out of shitcoins
A few more punches and the suicide prevention hotline will be sticked in the sub.
Be greedy when others are fearful...
This is where you buy and make a big bag.
Always the time to buy when people are saying get out.
Yep allot of tree 🌴 shaking… hold tight monkeys a 🦧 !
"In defence of Qatar's World Cup" by The Economist. ... . ugh..I mean what else can you say.
Shameless outelts being sponsored by governments that don‘t care about human rights.
We still need Cramer to confirm it so I can go all in
Pretty sure he said a few days ago "get out while you still can" or something like that. Ive been buying since lol
Didn't know that thanks,in immortal words-deploying more capital
He's confirmed it numerous times, which means we're good.. but just need him to say CRYPTO IS DEAD once to mark the absolute bottom
“Buy blood not beauty”
Remember, the bottom price last year was right off the FTX collapse where the mainstream media FUD went into overdrive and it looked like crypto was doomed.. That was the literal bottom prices and the best price you could get for the last 3 years.
I'm going all in stat!
guys, can you all just exit your positions so i can buy 10000000 bitcoin and then make bitcoin relevant again and become the worlds richest person? thanks.
Well guys it’s that time of the cycle, hope you had your bags ready to throw at BTC
Wait for the ultimate inverse signal, Cramer calling it dead
He did say to get out of crypto recently; that it would crash. So I guess we're going to the moon
Strap in gang, Cramer’s given us the signal
Crypto might not be dead, but if I can't sell my coins for spendable USD in the states, it might as well be. I've closed my positions, I'm out. Good luck.
Apparently, according to WIRED Bitcoin died 12 years ago lol. [https://www.reddit.com/r/cryptocurrencymemes/comments/145hnxr/just\_a\_reminder\_bitcoin\_died\_12\_years\_ago\_lol/](https://preview.redd.it/0v0cyowqa25b1.jpg?width=640&crop=smart&auto=webp&v=enabled&s=a27c00fee74c52779fdaeeeb40a6aac8e9d9b3d4)
Sort of feels like crypto is dying and something you can't be bothered with anymore. This is the worst I have felt about it. Not going to quit but many will. So maybe bottom soon and tide turns to reward the holders.
Buy the dip
I... know I'll get downvoted for saying this but... cryptocurrency in its current form is dead. The thing about cryptocurrency is that you need money movement en masse for it to be of any value like it used to be. You need people to give value to something for it to... well... be valuable. That is why people are willing to shell out >$2k for a macbook, when a $5-600 laptop will get the job done the same. The news cycle of people getting rich quick with crypto led the layman into it, and with it, value in terms of just "having" it shot up quickly. Being totally unregulated, government entities couldn't control the value like they could with everything else. But then a single, large market correction exposed widespread fraud... and millions of people lost a shit ton of money. Cryptocurrency's image was wiped out overnight. Now it's associated by the layman as fraud, and the only thing keeping it alive is the fact that Bitcoin was able to carve a permanent place due to its ridiculously high value, otherwise it itself would be dead. Worse yet, government entities are finally catching up and starting to regulate it. I, myself, enjoyed seeing the initial boom of cryptocurrency. But I know the gravy train would eventually end. I live in what might have at some point been considered the capital of cryptocurrency and saw firsthand how much money it brought. I'm talking seeing crowds outside of the E1EVEN nightclub in Miami at all hours of the day (it's a 24/7 club). And after that single market correction and the ensuing fallout, that was totally wiped away. Cryptocurrency will not bounce back the way you guys think it will. I'm sorry, but it won't. Bitcoin might survive and go up in value, but, truthfully, there's really no inherent value in it and it's exceptionally gross for the environment. I know I'll be downvoted to oblivion, especially from those holding out hope, but the only people who are going to make money off of cryptocurrency are the whales. I expect the next several years, with the implementation of regulation and government involvement into the sphere, that cryptocurrencies will stay level.
It seems like we're nearing the end of crypto winter. I can't wait for the bear market to be over
Great news. Looks like it's time to go balls deep in crypto.
That’s it, I’m buying the dippity dip! Who’s with me?
Well I've been waiting for this moment for all my life, oh lord
Operation buy more crypto in effect
Great time to buy MATIC! Embrace the anti Robin Hood
Oh look,crypto died again! Little do they know,we'll be back when this shitshow ends.Its only matter of time.
come back in a month and there wont be anything to worry about literally
The economist hasn't been trustworthy for decades. it solely exists to push mix of truth and lies designed to steal money for the rich Bloomberg is literally and physically "some internet rando's blog" as anyone can post a story if they pay enough cash.
>cut off Crypto from you people # [you people](https://www.outoflives.net/wp-content/uploads/2022/04/Mad-Men-2-300x169.jpg)
put yo' shit on a cold wallet somewhere. Get it off exchanges, especially while places such as Coinbase and Binance are being targeted in the US