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/biz/ - Business & Finance


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55717285 No.55717285 [Reply] [Original]

Why is Bitcoin and Crypto imploding currently?
Everything down several percent

>> No.55717291

Tomorrow is Red Tuesday

>> No.55717292

Curve pool hack.

>> No.55717302

>>55717291
What is red tuesday? How do people know it’s gonna crash tomorrow?

>> No.55717373

>>55717291
in Crypto?

>> No.55717391

.

>> No.55717426

?

>> No.55717434

>>55717285
because it's worthless.

>> No.55717441

>>55717302
kek

>> No.55717451

>>55717434
oh shit 14 years of delusion is all about to reverse.

>> No.55717692

it keeps falling

>> No.55717696

>>55717285
Good. That means you fucking buy.

>> No.55717703

We are about to finally enter a full on recession

>> No.55717704
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55717704

>>55717302
>he doesn't know

>> No.55717719
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55717719

>>55717285
why not?

>> No.55717720

>>55717703
Actually this time? Or are they just going to change the definition of recession again and clap like the retarded seals they are?

>> No.55717734
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55717734

>>55717302
God check out this loser he doesn't even know about red tuesday

>> No.55717774

so Bitcoin just crashes 2% and noone knows why? what a reliable store of value

>> No.55717801

>>55717774
I don't hear you complaining about usd debasement and endless printing. I guess that's far preferable

>> No.55718814

>>55717302
If it crashes, I'll be glad to pick some gems like ORE, ENS & the likes at discount, stop complaining and take advantage of the shitty market situation.

>> No.55718849
File: 1.38 MB, 767x599, Richie.png [View same] [iqdb] [saucenao] [google]
55718849

>>55717285
SEC attacking richard heart, hex, and pulsechain.

>> No.55718997

>>55717292
Could that be enough reason for the dip? It's an opportunity to ape in though. Just make sure you're using a tangible platform wherever it is. I can see my portfolio containing ETH, BTC, DOT, ATOM, BNB and ADA as well as OAX, ALPINE and BAKE, at a loss due to the news. Only the winning Token Metrics Ethereum index on Astradao is making me smile at this moment.

>> No.55719017

>>55717734
>he doesn't even know about red tuesday
I also don't know anything about Red Tuesday but I definitely know something about Black Friday and aping in on undervalued tokens I did with alpine, scrt, shd, astradao, and alter sounds like it is Black Friday to me but this is August not November.

If you know what I mean, fag.

>> No.55719049

>>55717285
The SEC has asked coinbase to stop trading anything but bitcoin and people are shitting themselves thinking it means the death of all crypto when in reality it goes way back to an obscure law that says you can't create a security and create the exchange upon which it's traded, which coinbase does as they securitize crypto in their custody and trade that internally amongst customers and only turn those IOU's back into crypto when people withdraw. Giving them huge power to manipulate the crypto markets if they so chose, which whether or not they do choose to do so it's a problem that it's even a potential problem.

tl;dr people are retarded and CEX's are fake and gay like they always have been

>> No.55719090

>>55717434
what's worthless is the garbage you're using to accumulate wealth

>> No.55719105

>>55717434
You're worthless and dumb anon. Underperformed impressively during bull run. Invest in crypto and If you care about privacy, welcome to the hub

>> No.55719106

>>55718814
>If it crashes, I'll be glad to pick some gems like ORE, ENS & the likes at discount, stop complaining and take advantage of the shitty market situation.
This is some huge cope and dumb yolo logic, what if it crashes further?

Take a business perspective and only buy the right things at the right price by realistically analyzing the total return of an asset over the time you expect to hold it.

Pay attention to what you're buying and stop chasing the quick buck like a gambler who doubles down when faced with a loss. Only hold if you can feasibly expect it to recover, don't act like some wallstreetbets brainlet.

>> No.55719118
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55719118

>>55718814
Solid picks. My pf seems not complete without DUA. Beside the security architec, people can get $50 in DUA tokens when they join Brillions private beta testing

>> No.55719154

>>55717285
XMR is temporarily mooning almost...this is bad. Market makers are cashing out into xmr as they dump then switching it for cash. Crypto as a whole is probably about to dip significantly, maybe down to 10k or lower

>> No.55719182

>>55717703
Good thing I’m HEAVY into leveraged inverted funds. It’s gunna be glorious. See you at the top boys.

>> No.55719360

>30k to 29 is imploding
wait till you faggots see BTC go from 60k to 20k, that is imploding

>> No.55719828
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55719828

>>55717285
Because Jeets with paper hands ain't got no game! I'm holding on to KREST for the long haul to secure that juicy PEAQ airdrop

>> No.55719838

>>55719154
Poorfag. Market moves ain't gonna shake me when I'm stacking daily gains from tokenized Tesla's revenue on Eloop, all thanks to DePIN

>> No.55719895

lower lows!

>know know what that means

>> No.55720141
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55720141

>>55719895

>> No.55720178

>>55719049
That happened a month ago, the actual reason is the SEC lawsuit against Richard Heart for fraud and against his ecosystem for being unregistered securities. He isn't a fraud and they aren't securities but go look at their charts.

>>55718997
Curve thing barely matters desu

>> No.55720291

it's getting worthless.

>> No.55720588

>>55717774
2% is not a crash.

>> No.55721519

>>55717285
Just like how my Kava bags went down substantially thanks to all the fud going on recently. Still, I'm mainly getting into this for the long term so we'll see.

>> No.55721531

>>55721519
Hope you like having to deal with Cosmos, anon.
Good luck

>> No.55721548
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55721548

>>55721519
why do you fags always need to marry a L1? what's the point of this? I never understood the need to create tribes within this whole community. as if this shit were some sort of console war or some shit like that

>> No.55721951

>>55721548
Newfags never know when to take fucking profits. Learned the hard way after fumbling eGLD and avax top, fucking jumping on degen play now. Liquid staking derivatives and real world asset narratives according to Altcoinistdao might print giant green dildos

>> No.55721993

>>55720588
For Gold it would be

>> No.55722048

>>55717302
>being this new

>> No.55722335
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55722335

>>55717285
Bitcoin is fucked if it doesn't adopt Drivechain (bip300)

>> No.55722720

>>55721993
well gold cant lose its value
funny internet token can go to zero

>> No.55723950

>>55721548
they have to get rekt before they learn not to marry altcoin bags, some never learn eg. LINKcels.

>> No.55723989

>>55717285
because it has negative utility and people are just starting to realize it (smart people all realized it this morning)
crypto is like replacing all the crops with tulips

>> No.55725364
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55725364

>>55717292
The recent compromise just goes to show users the need for self-custody of assets anon. More reason why I store my FET, KREST, TOMO and AGIX in my Wasabi wallet far from the reach of hackers.