Anyone into bitcoin?

[n8hegr8]

im still hodling. i dont have much, but what i do have, once things get back on track, ill have a couple dollars in my pocket. and yes, to the person that says its a scam. i feel like that.. like we all got scammed, people got rich and the rest of us are suckers.

 

[n8hegr8]

shits going down today! i dont know if you use Blockfi, but if you do, better get your money out now.

 

[Ohiocruiser]

I say take your losses, learn the lesson and move on.

 

[n8hegr8]

bitcoins is doing a thing right now...

 

[stoopid]

If you don't like the price of Bitcoin, just wait 5 minutes.

 

[n8hegr8]

now everything is tanking hard. i dont get it. never will.

 

[stoopid]

now everything is tanking hard. i dont get it. never will.

People are starting to pull their coins from the brokers for fear (some of it realized) that people are bailing on crypto altogether, and this will cause a bit of a run on binance and coinbase, as well as downward pressure on crypto value across the board. My best guess is this is the beginning of the end. It's hard to know exactly when the death spiral starts, like one day NFTs were worth something then suddenly within weeks most of that market vanished. The same can happen to crypto in the same amount of time, the tech that attracts people to the platform also makes getting in/out of it that much easier/faster.

 

[stoopid]

This is a good watch that covers where the crypto market was and likely where it's going: