Economy Bitcoin/Crypto is imploding

[b34stmode]

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

what is rev?

 

[MrShady]

didnt I literally say this a day ago? lol

Concepts of a plan lol

I'm thinking the real smart people bought the rumors, sold the news.

Liberation day Tariffs-pause scam helped the boom a little longer, but im confident to call the peak won't be returning any time soon.

 

[PBAC]

what is rev?

Revolut

 

[Rob Battisti]

Revolut

It’s currently at 63,919

 

[b34stmode]

Concepts of a plan lol

I'm thinking the real smart people bought the rumors, sold the news.

Liberation day Tariffs-pause scam helped the boom a little longer, but im confident to call the peak won't be returning any time soon.

This type of crash is going to take a year or two to rebound from. Like the 2021 crash. Its good timing if the US is serious about transitioning to a crypto based currency. Its something for investors to keep an eye on, because if anyone can figure out a company that has a solid plan to roll out some type of working infrastructure in crypto, you will be an extremely wealthy individual.

Its hard to wrap your brain around exactly how hard it would be to roll something like that out and have it WORK without crashing the entire economy.

 

[Limbo Pete]

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

I'm sure winning a Sherdog WR bet would be a warm comfort if, god forbid, you were to end up losing the much more important bet made on your life savings bud lol

 

[Hellowhosthat]

All the child rapists must be cashing out now that the Epstein files are dropping.

Lawyers aren't cheap.

 

[PBAC]

It’s currently at 63,919

i realise im in euros ... which btw ... speaking of currency crashes...

 

[40's]

Bye bye 60k

 

[HOLA]

Bye bye 60k

holy shit. It was $65,000 like an hour ago. We're doing a Speedrun.

 

[Rygu]

This has happened several times before. The further it goes down, the more it goes up eventually.

If you've been in the space for 3-4 years or more this is normal and not just expected, but necessary.

Oct 2021 - 69k
Nov 2022 - 16k
June 2025 - 123k
Feb 2026 - 60k

It runs in cycles. If you don't think big money is going to be rolling into BTC etc. (again) then you're in for a surprise.

 

[johnsmithjohnson]

This type of crash is going to take a year or two to rebound from. Like the 2021 crash. Its good timing if the US is serious about transitioning to a crypto based currency. Its something for investors to keep an eye on, because if anyone can figure out a company that has a solid plan to roll out some type of working infrastructure in crypto, you will be an extremely wealthy individual.

Its hard to wrap your brain around exactly how hard it would be to roll something like that out and have it WORK without crashing the entire economy.

Depends. You can only make around 21 million total. They are at around 20 and the low hanging fruit is almost all gone. They might be able to fix it but it creates major issues.

 

[MrShady]

This has happened several times before. The further it goes down, the more it goes up eventually.

If you've been in the space for 3-4 years or more this is normal and not just expected, but necessary.

Oct 2021 - 69k
Nov 2022 - 16k
June 2025 - 123k
Feb 2026 - 60k

It runs in cycles. If you don't think big money is going to be rolling into BTC etc. (again) then you're in for a surprise.

You dont think the last bull run was due to Trump winning? Everyone got excited and hyped. Most friendly crypto admin, moon and rocketships. Then came tariffs, liberation day, dumped. Then came the tariff pause...so pump again. And 1 year later now, people see Trump bump as played out?

Who's to say if Trump didn't win, the crypto run would've never happened the way it did....idk.

 

[curryjunkie]

Lawyers aren't cheap.

they are if ya dont pay em like donnie ..

 

[johnsmithjohnson]

For those unaware you cannot have a currency with finite amount possible. It will eventually start breaking down and it gets silly. deflation, loss of liquidity, 1 btc needs to be worth 1 million dollars and fewer buyers etc.

 

[Rygu]

You dont think the last bull run was due to Trump winning? Everyone got excited and hyped. Most friendly crypto admin, moon and rocketships. Then came tariffs, liberation day, dumped. Then came the tariff pause...so pump again. And 1 year later now, people see Trump bump as played out?

Who's to say if Trump didn't win, the crypto run would've never happened the way it did....idk.

Trump winning was definitely a part of why it went as high as it did.

BTC has to dump large after a rise like it had in order for big money and retail to go back in. A good economy is also needed which can definitely delay or prolong it.

Having said that, crypto could be dead and the top could be 124k before it erodes back to 10 cents. Who knows.

 

[Rygu]

For those unaware you cannot have a currency with finite amount possible. It will eventually start breaking down and it gets silly. deflation, loss of liquidity, 1 btc needs to be worth 1 million dollars and fewer buyers etc.

That's why i don't mess with crypto with infinite supply. For me it's BTC/Eth/Link/Solana and a few more I'm forgetting. The ones with a supply of infinity I avoid, although some of those can certainly pump at times.

 

[HOLA]

How is Hawk Tuah Coin doing these days?

 

[LMP]

Does seem odd though right, like something major shifted.

 

[pinger]

XRP down 22% today lol

HODL??