Economy Bitcoin/Crypto is imploding

[HOLA]

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.

I believe this actually happened in October/November. Bots on Twitter are probably recycling it now for views. The guy's name was Owen Gunden, and apparently he actually walked away with $1.3 billion. Timed it perfectly. That was just about right at the top.

 

[b34stmode]

LMFAO look at this guys timeline of tweets.

This is your typical know it all, leveraged crypto trader. Reality hit him hard it seems

https://x.com/SeongWooIQ300

 

[HOLA]

LMFAO look at this guys timeline of tweets.

This is your typical know it all, leveraged crypto trader. Reality hit him hard it seems

https://x.com/SeongWooIQ300

"IQ 300. The upper limit of human intelligence."

 

[HOLA]

Bitcoin bros kept claiming something called "the halving" was going to happen. Is this it? Cuz we're like 50% down from the highs now.

 

[Rob Battisti]

Alright Captain Pedantic. 4 years, 2 months and 28 days ago. Not sure about the hours, minutes and seconds.

4 years, 2 months and 28 days for Bitcoin to return 0%.

Details matter. Kind of like when I won our WR bet! On Bitcoin!

 

[Rob Battisti]

It's okay, bud, that's fine.

I've followed these threads and my scepticism of crypto is for the reasons that I'd like to sell when I want, not when the market dictates. Other than that, I've watched as prices crashed then rebounded and it would seem there's money to be made - if you're prepared to sell, of course.

Lot of people talk a little too much about riding things out, but you have to sell at some point. By all means reinvest, but it's just illogical to me to sit on a massive portfolio of crypto and just watch it given the volatility.

I do believe your passion will have paid off, so no receipts necessary.

People have different goals. If they want to sit on it, it will absolutely be going up in the future. If you’re capable of ignoring swings, hodling is fine.

Me? I want as much BTC as possible. My goals are not everyone’s goals.

 

[HOLA]

Details matter. Kind of like when I won our WR bet! On Bitcoin!

That's a low blow.

Now I'm going to have to up the schadenfreude.

 

[Rob Battisti]

@Rob Battisti how much will it drop

I’d say 55k is about where I think it will drop. Maybe a little more but I’d be surprised to see sub 55

 

[Rob Battisti]

That's a low blow.

Now I'm going to have to up the schadenfreude.

 

[Gas121]

Bitcoin holders sure have a lot of skin in the game at the first sight of volatility

 

[Kassitus]

Anyone know a good wallet for buying crypto where you don't have to scan ID or scan your face for every transaction and also you can just buy it directly without having to load currency first?

 

[b34stmode]

I’d say 55k is about where I think it will drop. Maybe a little more but I’d be surprised to see sub 55

If the news is right about Barron Trump dumping 2600 BTC from the Liberty group as well as the big crypto push to become part of the Government being denied today, its going to be a rough year for crypto in general.


my timeline is full of crypto news currently and @HOLA showed I got jebaited on the 880mil dump. So Im not sure how true some of the stuff is.

Its also going to be an amazing loading opportunity or a lot that I didn't think would happen this soon. I am for sure adding BTC/ETH/SOL weekly at these levels once work picks back up in a month.

 

[b34stmode]

Anyone know a good wallet for buying crypto where you don't have to scan ID or scan your face for every transaction and also you can just buy it directly without having to load currency first?

Trust wallet works great, but I'm also not keeping an insane amount of money on it either.

 

[Kassitus]

Trust wallet works great, but I'm also not keeping an insane amount of money on it either.

Bro I have Trust Wallet. Since a few days ago it won't let me do a transaction without doing a face scan.

 

[b34stmode]

Bro I have Trust Wallet. Since a few days ago it won't let me do a transaction without doing a face scan.

You sure that wasn't an additional option that you accidently OK'd? I used TW last week for a couple of small trades or poker sites, ive never had to use bio on it. I also never let my phone update unless i manually do it either though.

 

[syct23]

Anyone know a good wallet for buying crypto where you don't have to scan ID or scan your face for every transaction and also you can just buy it directly without having to load currency first?

What are you talking about,

That’s just how you log into sherdog..

 

[Kassitus]

You sure that wasn't an additional option that you accidently OK'd? I used TW last week for a couple of small trades or poker sites, ive never had to use bio on it. I also never let my phone update unless i manually do it either though.

It's not the app itself that makes me do it, it's Topper the website they use to do purchases.

 

[b34stmode]

It's not the app itself that makes me do it, it's Topper the website they use to do purchases.

hmm I havent bought crypto directly in a while. One site I remember is moonpay, and you select what wallet you want it going to. No 3rd option security clearances to get through, just their nosebleed fee(which all sites are going to charge for ease of access)

so you can have your TW, wallet, defaulted into their site and just go there and buy whatever crypto you want within seconds, no biometrics needed.

 

[b34stmode]

didnt I literally say this a day ago? lol

 

[PBAC]

Maybe someone needs to explain this but rev is showing btc at 54k