Bitcoin now at 32600. Why is it going down so much ?

[loukeyzee]

So does anybody have any insight about this FBI thing? Just because you have the server, doesnt mean you have the keys unless they left them on there which would be ridiculously stupid and really isnt a complement to the FBIs abilities but the thieves stupidity lol

The media is spinning the story that BTC isn't as great as once thought due to it not being anonymous.
There is a big agenda it seems to take down BTC, either to buy it all up or to FUD it down to being worthless

 

[Likamo18]

It's ging down because Elon Musk want it
to go down.

 

[cryptounions]

i wish can go down to 5k

 

[xRex]

Bitcoin alternative?
for anonymous pay

 

[Dunga]

Meanwhile in Paris:

 

[Castlevision]

Bitcoin and Blockchains are basically always looking for the next prime number combinations, which is why it gets
more and more difficult to mine, and uses more computer power than it's worth mining. It's based on nothing but
numbers and peoples' belief that it has some kind of value for trade exchange. What would be better is if someone
could figure out how to base it on that program that figures out protein fitting for creating new drugs and curing
disease, so it isn't wasting valuable CPU cycles or electricity. Now that would definitely have a real value for society
and might not change in currency value much over time.

 

[HenryObi]

Yeah, it's a bad news.I had small amount of bitcoin.it's a risky investment man now

Putting money isn't really am investment, maybe a different form of gambling.

 

[Fakker]

It's very, very, very bizarre. Within almost any context you're judging it by.

This is one of the hardest and most consistent shakeouts I've ever seen.

When this is over, those that sold will be kicking themselves though. There's a big, sharp climb ahead.

My strong hands may depend on the fact I did an unexpected profit entering in crypto at the right time (by chance, no idea what I was doing, apart reading few info here and there) but I am more likely to sell my mother than BTC.

 

[shanna_doll]

My strong hands may depend on the fact I did an unexpected profit entering in crypto at the right time (by chance, no idea what I was doing, apart reading few info here and there) but I am more likely to sell my mother than BTC.

Have you ever thought that someone else right now is cashing out your money guys, while you are left with the bags of worthless coins..

 

[shanna_doll]

Then I guess you didn't hear about the looming global debt crisis that's going to rip us all a new hole, and only the rich will survive.

Unless of course, the rich wipe the debts with everyone. But let's be realistic, there's no way we will convince all the rich people to wipe the debts clean.

No gov on the planet can figure out a solution to the debt crisis.

The rich are not creating debts. Debts are issued to people who want to spend more than thay earn.

 

[acur042]

$20k bitcoin incoming

 

[randomstrings]

Crypto are like this always. Whales do such shakeup to increase the liquids as noob investors will always run away and leave space for new players.

Remember: all crypto are limited in supply.

 

[dogdog]

We have gone through this multiple times. It's normal. Just hodl and don't sell in loss.

Even if dump to 21k, that was once the top. The bottom is getting higher and higher.

 

[alus1onZ]

Remember: all crypto are limited in supply.

Guess what? They aren't

 

[maxkarou]

4th wave Macro Correction.
It’ll bottom out at about 20k.

 

[Fakker]

Have you ever thought that someone else right now is cashing out your money guys, while you are left with the bags of worthless coins..

Yes, couple of times I read it somewhere but I didn't pay too much attention, thanks for the heads-up.

Let me return the favour with a story.
When I was a teenager, a friend got a motor scooter as a 18 y/o present from his parents, like us all.

He was so obsessed by someone stealing it, so after just 3 months he decided to sell it.

He then spent the entire summer joining us to the beach by bus, when each of us had a chick on the back seat of his own scooter.

I don't need to say who was the last in the gang to lose his virginity...

 

[shanna_doll]

Yes, couple of times I read it somewhere but I didn't pay too much attention, thanks for the heads-up.

Let me return the favour with a story.
When I was a teenager, a friend got a motor scooter as a 18 y/o present from his parents, like us all.

He was so obsessed by someone stealing it, so after just 3 months he decided to sell it.

He then spent the entire summer joining us to the beach by bus, when each of us had a chick on the back seat of his own scooter.

I don't need to say who was the last in the gang to lose his virginity...

Nice story, but a scooter won't lose half of its value overnight.

 

[Fakker]

Nice story, but a scooter won't lose half of its value overnight.

It won’t double it either, it won’t make 12x in 12 months and institutions won’t invest in it.

That said, will you continue dissecting the details of two incomparable things or will you start to see the message behind the story?

 

[Deleted member 657006]

It drying up other coins are attracting people .

 

[alus1onZ]

Here is some inspiration for the newbs

https://9gag.com/gag/aXo2oWv