Economy Bitcoin/Crypto is imploding

[Jacket time]

The other factor is the spot ETFs. This gives people access to crypto through their brokerage accounts.

No crypto platform necessary.

hopefully my 401k will get in

 

[N13]

hopefully my 401k will get in

You can buy any of the Bitcoin and Ethereum ETFs right now.

The other ETFs were delayed due to the shutdown, but they are coming. Sooner the better.

XRP and Solana ETFs should be winners.

 

[RockyLockridge]

buy the dip

 

[HARRISON_3]

 

[Jacket time]

You can buy any of the Bitcoin and Ethereum ETFs right now.

The other ETFs were delayed due to the shutdown, but they are coming. Sooner the better.

XRP and Solana ETFs should be winners.

I'm aware, sitting on my hands.
probably end up doing FBTC

Fidelity Solana Fund (FSOL)

Explore the Fidelity Solana Fund (FSOL), part of the Solana network of programmable blockchain, enabling the rise of decentralized applications.

institutional.fidelity.com

 

[EndlessCritic]

The year is 2029. America has defaulted on its national debt after bailing out crypto investors.

 

[Sinister]

Man capitalism amazes me. First we tie an economic system to money (profit), which eventually has a fake value, which leads to laws and social heirarchies that serve those who hoard it. Then when those people dont want to fund the society they live in we invent credit. And now we invented totally fake money with no value that people gamble on. Cant write this kind of comedy

 

[KaNesDeath]

Cant believe people are still getting scammed by this.

 

[Prefect]

I predicted a 125k at the start. I think we crawl sideways for another 3-6 months and then we’re back up.

There is no basis for this for this prediction. Might as well claim you can predict a roulette wheel as it turned up black 3 times in a row. That is what you are doing rather than just investing in companies that make products and provide services for profit Bizarre.

 

[heloder]

Man capitalism amazes me. First we tie an economic system to money (profit), which eventually has a fake value, which leads to laws and social heirarchies that serve those who hoard it. Then when those people dont want to fund the society they live in we invent credit. And now we invented totally fake money with no value that people gamble on. Cant write this kind of comedy

Rich people have gamed our system so well that now they don't even need to have an actual product to get morons to invest in something before fucking them over. Hey everybody buy these magic beans! The more you buy, the more they're worth!

 

[Satsui Ryu]

I honestly have no idea where crypto get's its current value beyond traders. Its been around for quite a while now and it still seems like it isn't used much for actual purchasing. Just seems like a bunch if investors moving it from one wallet to another. It feels like uncoordinated price fixing.

 

[N13]

I'm aware, sitting on my hands.
probably end up doing FBTC

Fidelity Solana Fund (FSOL)

Explore the Fidelity Solana Fund (FSOL), part of the Solana network of programmable blockchain, enabling the rise of decentralized applications.

institutional.fidelity.com

Good choice, but you should have some diversification with the top 4: bitcoin, Ethereum, XRP, Solana.

Those are the safest and have good risk/reward. imho

Bitcoin will not go up as much as the others % wise.

Solana is super cheap right now.

 

[N13]

I'm aware, sitting on my hands.
probably end up doing FBTC

Fidelity Solana Fund (FSOL)

Explore the Fidelity Solana Fund (FSOL), part of the Solana network of programmable blockchain, enabling the rise of decentralized applications.

institutional.fidelity.com

Of the top 4, the one with the greatest potential for massive gains is XRP.

 

[LMP]

I predicted a 125k at the start. I think we crawl sideways for another 3-6 months and then we’re back up.

Depends on if they can convince regular folks to keep investing or move more retirement money into the market. This is big whales taking profits

 

[Long Dark Blues]

Almost buyin' time

 

[HereticBD]

I think I've read this exact same headline about 20 times by now.

 

[chardog]

There is no basis for this for this prediction. Might as well claim you can predict a roulette wheel as it turned up black 3 times in a row. That is what you are doing rather than just investing in companies that make products and provide services for profit Bizarre.

you can always sit the sidelines and watch it burn or blow up

 

[cottagecheesefan]

Currency for drug addicted, lazy people is collapsing, shocking

 

[Rob Battisti]

@Rob Battisti tell us when we should pull the trigger and buy either one plz

Not right now. I think we either creep sideways or retract to 73-85k

After people get their tax rebate checks, there will be a lot of liquidity.

The IRS is still taking citizens money at 2024 rates for withholding. But this year there is no tax on tips, overtime and social security.

Big refund checks will start hitting the market early in January.

This will absolutely drive up price.

There is no basis for this for this prediction. Might as well claim you can predict a roulette wheel as it turned up black 3 times in a row. That is what you are doing rather than just investing in companies that make products and provide services for profit Bizarre.

Yeah, my absolute pinpoint prediction based on technical analysis had no basis. JVS thought this too. Now he retired in shame. You’re one of the dumbest people I’ve ever conversed with.

Depends on if they can convince regular folks to keep investing or move more retirement money into the market. This is big whales taking profits

Institutional money will keep rolling in. This is more macro than anything. Utterly disappointing year though. I’m very much in the green by many multiples, but this year overall was a major disappointment.

 

[Rob Battisti]

@Rob Battisti

Batt-er up.

It’s not a crypto winter. I mean holy shit when Bitcoin was 15k I was screaming for people to buy.

“It’s going to zero LMAO!”

Now it’s 93k and that’s a crypto winter.