• Xenforo Cloud is upgrading us to version 2.3.8 on Monday February 16th, 2026 at 12:00 AM PST. Expect a temporary downtime during this process. More info here

Economy Bitcoin/Crypto is imploding

b34stmode said:
Its hard to fathom all the stop losses that have been triggered and probably close to 1,000,000,000,000,000 literally evaporating away in $ in the past week.
Click to expand...
Not just stop losses - the crypto market is significantly more leveraged than the traditional stock market. High margin traders are getting liquidated.
 
Oof. If you bought a bitcoin in November 2021, on the last big hyped run up it had, you've had 0 return since then if you held

Bitcoin dropped well below that 64k value after 2021 and didn't hit it again until March 2024, but that's still wild
 
HOLA said:
Not just stop losses - the crypto market is significantly more leveraged than the traditional stock market. High margin traders are getting liquidated.
Click to expand...

Yeah, i mean its the type of shit that makes people jump out of 20 story apartment buildings. Scary stuff.
 
HOLA said:
Ooph. Close to $65,000 now.

Alright I'll reduce the schadenfreude for now. This is rough.
Click to expand...
This is like me as a Vikings fan. Was watching the NFC championship game in 2018 loss to the Eagles with some bitter Packers fans. They started making fun of me as the eagles started winning then by halftime they were pitying me and telling me it was still a good season to make it that far with all the injuries.

The pity felt worse than the mocking.
 
b34stmode said:
Holy fuck can anyone confirm this? I haven’t used binance since I got rid of all my bnb but this is a VERY bad sign if true.

Click to expand...


One of the unfortunate downsides of investing in an unregulated market and dealing with brokers, not federally guaranteed banks I'm afraid.

They don't have the money to convert your assets to liquidity even if they wanted to.
 
Rational Poster said:
Apparently Barron Trump just dumped 2600 coins at a near 50% loss

Wonder how he got all of those?
Click to expand...

Now just imagine all the peasants who had open leveraged positions. They have all been liquidated. That money is GONE. So glad I stopped day trading crypto.
 
b34stmode said:
Now just imagine all the peasants who had open leveraged positions. They have all been liquidated. That money is GONE. So glad I stopped day trading crypto.
Click to expand...

So many of these dorks don't even own an entire coin but they're still trying to convince everyone else to buy in. The leveraged micro investing stuff is such a scam, lmao
 
I would love to be a fly on the wall for one of Saylors phone calls regarding the current market, or hearing news like this.



this could indeed, be it.



edit looks like that it happened on binance, no wonder they are halting withdrawals.

They currently trying to figure out how in the fuck they gonna pay this person 880mil.
 
Last edited:
You must log in or register to reply here.

Latest posts

Forum statistics

Threads
1,282,008
Messages
58,408,310
Members
176,031
Latest member
Golden Rhino

Share this page

Back
Top