Do would of been praying for under 8.1, unfortunately, ur right, luna now under $1 from $100 few days ago, brutal, peg also looks lost now, 30c odd, crushed
Yes, the cryptos don't seem to be liking the latest higher than expected inflation data and prospects of more rate hikes. So are tanking again. Might be time to back up the trucks again lads.
You have got to admit though, it's hilarious that BTC being a risk asset at this current moment is actually trading in the green after billions have been forced dumped on market today whilst gold traditionally known as a risk off or hedge is red with over expected inflation data. Note : author holds both gold and btc ps. could be eating my words when i wake up
Coinbase earnings were bad. Worse still, the crypto exchange is now warning that bankruptcy could wipe out user funds. https://fortune.com/2022/05/11/coinbase-bankruptcy-crypto-assets-safe-private-key-earnings- stock/ And yet we have people on this forum worried about gold confiscation You will lose what perceived wealth you have in your cryptos, and you will get a haircut on your bank deposits with bail-ins well before they even consider gold. They will go after what 99% of the population is invested in without worrying about the less than one percent who hold any serious gold investments. Gold will be the last man standing.
There you go: Bitcoin 29+ k $ Ravencoin turning to cr*p: sub-0.03 $, Doge sub-0.09 $, Shiba Inu is beyond diarrhea hilarious... some of these "tiny coins". Solana 61 $ and I still don't understand why so many people believed in it. All cryptos can go to zero. I was never a strong believer in these digital poker chips, but it's an interesting show to watch. Will they all go to the gutter? Or is this JUST a correction before the next skyrocketing bull market?
Wow it blew right through that 29k level. Thats impressive. Nothing to stop it now from seeing 17k and no reason it wont. There could be another big drop ahead i hope. Id be tickled to get it for that! Simply unprecedented!
^ Warning: the above post contains investment advice. The author is also an expert on subterranean cities, Draco reptilian alien princes and the subway system that connects Pine Gap Military base to Canberra.
Anyone that believes in gold confiscation is severely misinformed or just hasn't done their homework. ^ Non-stop flow of tinfoil BS. Basel III:
Remarkable that Luna can loose 98-99% of its value and still sit comfortably in the top 50 market cap.
I found it ironic that iron finance happened in May 2021 and luna UST happened in May 2022. Cept I got burnt on luna, that was new
And what are you? The SS troll moderator? If the shoe fits, Shiney. You delete comments for the same spamming, off-topic nonsense, yet here you are copy and pasting the same Lame A$$ warning labels after every one of @hardyakkagold 's comments. How pathetic.
@STKR, you fighting @hardyakkagold's wars for him again are you? Lol. Yes I am the troll moderator and you're on my list cowboy. As I warned you a long time ago. Now as far as @hardyakkagold's "investment advice goes" I'm just pointing out that this is the same member who believes in Draco alien princes, subterranean cities, a subway system that connects Pine Gap military base with Canberra and stories about the lost city of Atlantis. Hardly a solid reference for justified opinion. If members want to take his advice on board in the light of everything else he believes, then that's their prerogative. Now, unless you want to learn about stuff you clearly have no idea about, pick up your rattle and go play somewhere else. Edit to add: if you want to add anything of benefit to this thread the floor is yours. If not, I'll ban you.
to be fair that doesnt make him wrong, look at the argument he makes on the matter individually, not his other opinions that may be a bit less credible. remember Tesla used to talk to a pigeon he "loved like a wife" that is pretty nutty but doesn't detract from how right he was on many things that we only today realize now. having said that i was a detractor on this forum when bitcoin was less than an oz of gold, my views havnt changed that it will eventually go zero, but many people have made bank in the mean time. problem is that many people will go broke in the end as well. i said it before, many people will take their lives at the end of this bubble, and the bigger it gets the more lives will be lost. meanwhile it has been interesting to watch society evolve around the concept of money for nothing due to a new market, reminds me of the great unwashed masses 1st getting into the stockmarket in the 20s and 30s and we all know how that ended