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Discussion in 'Road Side Pub' started by Weather Man, May 20, 2020.
Elon knows his 1911s' then!
Don't let them take your Bitcoin.
If you see $20k again, buy a lot and be grateful such a discount was available.
Riding the Bitcoin rollercoaster reminded me of this movie clip.
Jump to 1:12 and watch to 2:02! Says it all! "I like the rollercoaster. You get more out of it." LOL!
Imagine thinking Bitcoin is bad b/c it's "UsEd fOr DrUgS bY bAd GuYs"
Bitcoin, other cryptocurrrencies slide again despite Cathie Wood's defense
Bitcoin (BTC-USD) weakens again, dropping 10% in the last 24 hours, to ~$35.8K, continuing to retreat from its almost $65K peak in mid-April.
Over a week ago, bitcoin came under pressure as regulators, particularly in China, cracked down on the world's largest crypto and critics and supporters debated over miners' energy usage and its impact on the environment.
Last night, high-profile investor Cathie Wood came to bitcoin's defense at the Coindesk's Consensus 2021 conference.
The crypto is "already on its way and it'll be impossible to shut it down," she said, while predicting that regulators "will be a little more friendly over time" toward cryptocurrencies.
Other cryptos are also sliding — Ethereum (ETH-USD) slumps 12% to $2,482.88, Litecoin (LTC-USD) drops 28% to $171.88, meme crypto dogecoin (DOGE-USD), dips 11% to 31 cents, and Cardano (ADA-USD) falls 14% to $1.50.
Bitcoin-related and crypto-related stocks dropping in premarket action include Riot Blockchain (NASDAQ:RIOT), -5.5%, Marathon Digital (NASDAQ:MARA), -5.3%, Bit Digital (NASDAQ:BTBT), -3.8%, MicroStrategy (NASDAQ:MSTR), -3.3%, and Coinbase Global (NASDAQ:COIN), -2.2%.
SA contributor John Rhodes makes the case that bitcoin fights hyperinflation and helps the unbanked, while Elazar Advisors sees more catalysts ahead to continue bitcoin's slump.
Sliding is a great thing
Great buying opportunities over the last 2 weeks
I was going over previous cycle, it's literally doing the opposite of 2017 right now, still holding my $31,750 contracts but 33k is a line in the sand, if this prints red on the yearly candle again I'm out until further confirmation.
It is interesting that I have seen more of the asset versus currency debates about crypto recently. A point Klaus made well.
Ex-Head of China's Digital Yuan Effort Says CBDCs Could Operate on Ethereum - CoinDesk
And she’s up 18%!
Tesla is announcing July 1st they will start accepting doge coin
hope you guys have been holding
Where you hear that from? ^^
These cryptos man
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just Twitter rumors
But if it’s true itll happen Wednesday I think
Man Coinbase is a rip off. Went to buy 1 ETH and $36. Think RH was about $10.
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Waiting for clarity about U.S.A. hacking the bitcoin account from the pipeline hack.
i couldn't stomach coinbase fees, and now i can barely stomach coinbase pro interface...but the fees are not as bad
Except this happened to RH.... they weren’t letting people buy in correctly.. so who knows what will change with them