May 21 Crypto Crash? - Todays Marked is looking really bad, but I really don't see the reason.

[Tookie]

half the people I hear talk about it call it a scam and the other half call it the next Doge.

Yes.

 

[HOMO FOR LIFE]

This bear run is absolute beast lol it just won't end.

 

[Fanatical Pragmatist]

BUYING THE DIP!!!

 

[Quindoll]

As I like to mention Nassim Taleb:

Bitcoin was about ELECTRONIC CASH & transfers that bypass 3rd parties, not about an investment, a store of value, or a religious cult

 

[Just Some Other Guy]

As I like to mention Nassim Taleb:

Bitcoin was about ELECTRONIC CASH & transfers that bypass 3rd parties, not about an investment, a store of value, or a religious cult

View attachment 2194889

Hence why I laugh at crypto. For all the shit talking people do about fiat currency, the only value they seem to assign to 'glorious' crypto is how much fiat it's worth.

 

[Ms. Cegination]

Hence why I laugh at crypto. For all the shit talking people do about fiat currency, the only value they seem to assign to 'glorious' crypto is how much fiat it's worth.

I know! It's really weird how people denominate the value of a niche commodity by it's worth compared to the most ubiquitous and widespread form of currency.

 

[Just Some Other Guy]

I know! It's really weird how people denominate the value of a niche commodity by it's worth compared to the most ubiquitous and widespread form of currency.

Lol never said it was weird. It's very expected. Doesn't change the fact that even the crypto cultists now are sellouts. So much for that uh, "decentralized bank free currency".

"Hey guiz! What's the best way to cash out to my paypal/bank account?" I'm not dismissing it's value in USD, I'm just laughing at the mockery crypto has become.

 

[tehpope]

My personal coinbase account went under $2k for the first time in a while. I think last week it was at $4k or high $3k.

It all returns to nothing....

Not that I'm mad or sad. But this feels approiate.

 

[shameful existence]

coinbase account went under $2k

Still too much money to trust them with.

 

[Gimmick Account]

The thing about laughing at crypto is people have been doing that for like 13 years and looking like fags the whole time. BTC could drop to $200 again and you'd still be objectively 70% faggot.

Bitcoin does not have a good future I think. Too much competition and has been shown now, too much exposure to china.

I think bitcoin will always be fine just because it was first. Even if you can't do shit with it, it'll still be a treasured antique. I'll buy back up to a whole one eventually just to put it on a shelf in memory of all the weed I've bought that'd be worth millions of dollars now.
People will probably build derivatives on top of it too, idk.

Anyway, I'm happy if shitcoin ranks get thinned out.

 

[Thomas Highway]

I think bitcoin will always be fine just because it was first. Even if you can't do shit with it, it'll still be a treasured antique

So basically it is not a revolutionary currency, but some fake shit like buying Charlie Bit My Finger.

 

[Tleilaxian]

like buying Charlie Bit My Finger.

No, no, buying Charlie Bit My Finger would be an NFT, not a bitcoin.

 

[Mnutu]

Glorious

 

[Gimmick Account]

So basically it is not a revolutionary currency, but some fake shit like buying Charlie Bit My Finger.

but currency is fake! At least he suffered from Charlie's bite, which I think in crypto is called proof-of-work

 

[knobslobbin]

The fungible store of value currency that will take over the future is fart gifs. WWIII will be over how to pronounce it correctly. The hard G side wins, obvi

 

[Thomas Highway]

The fungible store of value currency that will take over the future is fart gifs. WWIII will be over how to pronounce it correctly. The hard G side wins, obvi

You really believe in these dumb fake internet coins don't you?

 

[knobslobbin]

You really believe in these dumb fake internet coins don't you?

You're welcome, in the future this will be worth 3 lambos

 

[Cool Dog]

Wasnt even a real correction let alone a fall as big as the one after 2017, btc already back to near 40k

Whats the scenario with NFTs?

 

[shameful existence]

Wasnt even a real correction let alone a fall as big as the one after 2017, btc already back to near 40k

Someone checked the candles and it looks like it was the worst two week drop ever, from open to close. For bitcoin.

 

[wtfNeedSignUp]

I think bitcoin will always be fine just because it was first. Even if you can't do shit with it, it'll still be a treasured antique.

"I think the dollar will always be fine just because it is the currency the entire world uses. Even if the government keeps printing it, it'll still be the best mean of establishing value".