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NewsPressed 06-14-2022 02:16 AM

Crypto Night of Carnage
 
Bitcoin crashes to almost $20,000 in crypto meltdown: Investors are left nursing heavy losses as panic tears through 'wild west' market

On a day of carnage for the industry, bitcoin crashed 20 per cent towards $23,000, its lowest level for 18 months. Ethereum fell 30%.

djroof 06-14-2022 07:32 AM

Great discounts!!! Time to buy few more ;)

Scrapper 06-14-2022 07:39 AM

Quote:

Originally Posted by djroof (Post 23011485)
Great discounts!!! Time to buy few more ;)

^^^^^^^^^^^^
This.

I'd wait until it hits the teens. I remember when FB opened ($50) and it tanked to $18 as everyone was totally trolled/punked selling all they could after opening. Today? - $162.81

NakedWomenTime 06-14-2022 10:18 AM

Quote:

Originally Posted by NewsPressed (Post 23011391)
Bitcoin crashes to almost $20,000 in crypto meltdown: Investors are left nursing heavy losses as panic tears through 'wild west' market

On a day of carnage for the industry, bitcoin crashed 20 per cent towards $23,000, its lowest level for 18 months. Ethereum fell 30%.

If anyone is panicking, it's the speculators, who have used high leverage in an attempt to profit in the short term.

True Bitcoiners are not concerned, as they believe in Bitcoin and see further adoption ahead.

It is also worth remembering that Bitcoin was never intended as a speculative investment. That said, the recent fall should also be put in perspective in terms of the long term performance, which has been phenomenal.

kane 06-14-2022 01:10 PM

Glad I sold all of mine about 3 months ago. Now just waiting to see where the floor is before buying again.

nikki99 06-14-2022 01:37 PM

december 2022 we all will become rich

Sednub997 06-14-2022 02:49 PM

Its going down pretty fast, its just above $20k

Lets see the price tomorrow


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