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at zero
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LUNA dropped from $60 plus to .80 then shot back up to $6 now hovering at a $1. All altcoins hurting the most. HODL! If you are crying and thinking suicide, then yeah you put too much to lose. Feel for ya!
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LUNA dropped the most due to its stable coin UST project dropping from $1. Not so stable after all. The LUNA coin has lost 98% of value in seven days. It was once one of the most promising DeFi projects. Maybe it makes a comeback, but not anytime soon. Supposedly the Developer got hoodwinked big time cause a lot of people in Crypto hate him. This, however is fucking all of us in the Ecosystem.
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Crypto is my Vegas. What goes up must go down.
Personally I don't give a shit what it does.
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that luna drop is adding an extra boost to the FEAR
if you look at the long-term charts of BTC...it's had these big drops all the way up. in reality, a swing trader's dream
there is an opportunity here and might just get a little better because of LUNA
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When will crypto rebound?
I dunno, when Enron comes back?
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there is a big problem with it...not sure it's part of this lil crash, but will definitely slow the adoption of it
all these transfers you think you get to make...they are heavily watched now. the governments are putting lots of pressure on the brokers and they in turn are asking you lots of questions...if they don't like an answer?? acct is gone.
they can even track shit if you send it to a wallet first...so need to find wallets with separate incoming and outgoing transfers. some brokers might cancel you if you send it to a separate wallet...AS THEY HAVE, what they consider, to be a SAFE WALLET
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Ya well when 40 Billion gets sent to Ukraine without your consent, that will never get paid back, what did you expect.
Hodl till Bitcoin half's until 2024.
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Coinbase just admitted that if any crypto exchange goes BK
Your account assets become subject to creditors and total loss
That might give you some pause
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BLOCK CHAIN IS THE LATEST AND GREATEST NEW TECHNOLOGY.
ITS A GAME CHANGER THAT ONLY HAS A 1 % ADOPTION RATE AT THIS TIME
ITS LIKE THE CAR THAT NOBODY WANTED TO ACCEPT
BECAUSE THEY HAD A HORSE AND BUGGY
THE SOONER YOU BUY SOME THE SOONER YOU WILL BE AHEAD OF THE GAME
IT WAS INVENTED SO NOT TO BECOME DEBASED,
ALL CURRENCY EVENTUALLY BECOME DEBASED
ITS LIKE A DICK IT GOES UP AND PAYS DIVIDENDS AND THEN GOES DOWN FOR A WHILE
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Going down 95% is some gnarly debasement
Guaranteed there will be more dominoes that fall
Block chain in productive process will thrive
But not a lot of these bullshit cryptos
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sure the added statement with coinbase will add to the fear a bit
they also have some rules, i'm not quite sure of yet, about transferring assets out for holding...not just the stuff that the government is trying to stop. will have to get some clarity or do majority stuff somewhere else
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Bitchcoin at 27,300
Ethereum at 1,830
As we speak
This shit always happens
Rates rise
Markets tank
Everybody scrambling for liquidity
And everything gets thrown out the window
The idiot retail investor gets trampled in the mad dash for the exits
Unfortunately, you guys have probably seen that "buy the dip" is now a meme
Which means we got more damage to be done in price or time to kill that thinking
Such that you fucks finally throw in the towel and give up in disgust
Then we'll be at the bottom
Let me know when you puke up the last of your equities, please and thx!
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I don't keep my coins on Coinbase. All in other Wallets to earn interest. May as well earn interest besides just investing. Also the dollar will eventually go digital coin. No more paper or regular coins. All transactions will be kept track on the Blockchain. The IRS can't wait for this. It's coming sooner than you think. They will have to simplify it though because the masses still don't have a clue about digital coins and too lazy to learn.
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that luna thing happened right before our eyes with the effects of losing their BTC backed dollar peg
On February 8, 2022, the United States Department of Justice (DOJ) announced a landmark seizure of 94,000 Bitcoin valued at over US$3.6 billion, the DOJ's largest seizure of cryptocurrency ever and the largest single financial seizure in the department's history.Feb 15, 2022
shit like this will slow adoption...i'm kinda turned off with the shit my own broker is emailing me about...my bank doesn't even care about half this shit...probably not helping my own psyche that the company is still holding my money, but told me they need to close the acct 
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Over all , not much worse than other markets. Then add in inflation.
Alex was right 
Silver looking good on you.
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such a dumb ass
trying to time the low of .0333 and trying to deposit my to fit what they were limiting me to...14500...i was off 20 bucks...instead of changing my amount by a 1000...i went to go deposit more money
4min later price jumped to 50-70 cents  though if you want to sell any it's 35cents
i fucked up dicking around with the pennies
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Gee, I thought web 3.0 was supposed to save us from the man!
Anonymous! not tied to fiat currency! independent from the corporations and the governments!
Its all BULLSHIT.
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Nobody has provided a good explanation of the issue that blockchain addresses.
"Decentralization!"
Well i see nothing but cries for help on Twitter from people who had their crypto/NFTs stolen so decentralization is truly not a desire. People want and like security.
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isnt BTC only down to like the lowest pricepoint in 12 months?
that means it still holds a lot of value.
I dont think its over yet.
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In 2012 it was 12 dollars
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MAKE NO MISTAKE
THERES MONEY TO BE HAD
MY NEPHEW 30 YEAR OLD PUNK BOUGHT 20K CHAIN LINK A FEW YEARS AGO
WHEN IT WAS NOT EVEN A PENNY OR MAYBE A FEW CENTS
HE SOLD 85% OF HIS HOLDING AND MADE 2MIL
HIS REMAINING 15% WENT UP EVEN MORE AND CASHED OUT MORE
SAYS HE ONLY HOLDING HIS POSITION ON CHAIN LINK AND NOTHING ELSE
MOVED TO Puerto Rico ,A FEW YEARS AGO
CAUSE YOU PAY LESS FEDERAL TAX (ACT 22)
BOUGHT A PENTHOUSE IN San Juan FOR 500K ALL CASH
SO THE SHIT IS REAL
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That penthouse will be a good place to watch the next hurricane.
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There's always money to be had
Go long tulip bulbs and hope to cash in before they crash
Go short BTC @ 68,000
Maybe he just got lucky and can't replicate it
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https://www.nytimes.com/2022/05/12/technology/cryptocurrencies-crash-bitcoin.html
So ladies, time to ask for dollars instead of crypto ...
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Chinas social credit system along with their digital Yuan is perfect example of why cryptocurrency is a horrible idea it suprises me any Libtard or RepubiKKKant's support this BS! Pyramid scam yoo
The left is for love making the right is for the 2nd round,
Leftandright 2022
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Crypto technology is the future but it's a new industry with lots of speculation.
At this time, you should only invest what you can afford to lose and learn
the crypto market.
In the long run, I believe, this is an opportunity for many to make a lot of
money within the next 5 years. But you have to do your due diligence.
Most people are too lazy to do the work, so they will miss the opportunity.
Those with good financial karma will get lucky and make a fortune in a
short period of time.
I'm in for the long run and expect crypto to come back soon.
This bad economy with too much government spending is not helping
the crypto industry or the stock market.
It looks like we are headed for a recession.
More misery to come. Thanks Joe Biden. He's the man! 
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Look i can care who anyone LIKES i go with facts, basic 101 political science week 1 shit explains that it takes almost 2 years for ANY president's policies to take effect we're all dealing with Trumps mess, Bidens pooo has yet to take effect get ready its gunna get tough.
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Hold hold hold...chill.lol
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so whats a good place to invest in crypto currency?
coinbase?
(maybe i will buy a stamp)
and no, the financial indicators are not indicating we are heading to a recession.
the GDP is actually growing..
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@DrBoogie Cypto is purely a speculative gamble. It isn't solving any interesting problem and is just a solution in search of a problem. It does nothing that can't be more efficiently implemented with traditional methods.
Decentralization is a meme, at some point there needs to be centralization and trust. Crypto has zero benefit to the average person. It is more cumbersome to use, and takes more time. What happens when someone leaves a bug in the code that is exploited, and all your crypto vanishes. What happens when the average person gets scammed and now has no recourse to charge back or dispute the transaction.
99% of crypto is a scam. Most people are red on their investment in crypto. Blockchain is basically a slow, inefficient database. NFTs are a glorified receipt that link to an image stored on a centralized server that could be removed at any time. The only actual use they currently have is circumventing payment processing censorship, money laundering, and illicit goods.
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can't just send money anywhere...they are tracking that shit and asking questions
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| There are 32 comments on this blog. |
