going to hell right now :mad:

Who knows where it will head next? I do, back up sometime over the next 6 months. (Not investment advice).

Bitcoin is the one crypto that is really worth owning. The problems in the crypto market are in companies like Luna, 3AC and Celsius, but were with cryptos or crypto products that are not related to Bitcoin, except for the fact that it may lead to some of these companies having to sell Bitcoin in the market (e.g. sell their Bitcoin reserves to fix a problem elsewhere).

How low do you guys think crypto will go? Bets?

Also, while Crypto is not having the best time, NFTs so far are remaining stable-ish

NFT's are worthless.

https://i.ibb.co/RQgkspM/Image1.jpg
hd 2 free

Is Miner Selling Contributing to Bitcoin's Price Troubles?

https://www.coindesk.com/podcasts/th...rice-troubles/

On today’s episode, NLW looks at the state of bitcoin miners’ balance sheets. Specifically, he looks at increased selling of bitcoin over the past few months, and to what extent it has to do with additional debt and leverage taken on during the bull market.

Bitcoin Miners Dump 18,251 BTC Within 10 Days

https://u.today/bitcoin-miners-dump-...0-days-details

IntoTheBlock on-chain data vendor has reported that while miners have been selling massive amounts of BTC recently, large new Bitcoin addresses have been emerging as whales have been buying BTC on the dip.

"Miners struggling to break even"
IntoTheBlock has reported that since June 14, Bitcoin miners have gotten rid of a staggering BTC amount: 18,251 coins worth $372,035,684 at the current exchange rate.

As the world's leading crypto has managed to climb back to the $20,000 zone, they have begun to sell their coins quickly to cover their loans and other expenses that need financing urgently.

Earlier, U.Today covered that Bitcoin mining difficulty had witnessed a significant drop, falling 2.35% in the past two weeks.

This is the second large negative adjustment since this year began and the fifth adjustment of mining difficulty for Bitcoin this year overall. Mining difficulty tends to drop when the crypto market reverses downward. Miners are forced to switch off their gear as they cannot break even or make a profit any more.

It might be considered a bold statement by some, but I think the 2022 low is in, and I think it will never go below this low again, i.e. $17,587 ish. I think this because the leveraged traders have been flushed out, and the price will now gradually rise again, and long term holders will accumulate. The low was hitting the resistance level of the long term holders.

I'm beginning to believe DVTimes gambled on some random shit coin and got burned at this stage...

I think he had the chance to get in early, didn't, and now prays that it crashes to nothing so he didn't miss out. That's the vibe I'm getting.

Bingo. I wonder which shitcoin hurt him so badly.

No

Never been interested.

I think I have some bitcoin someone gave me, but I could it has no interest to me.

Just junk for people who want to get rich quick, and don't want to admit they are mugs.

^^ clearly a lie.

If you were truly against Bitcoin as you seem to be, you would find it, send to an exchange, and sell it, that would be your best vote against it.

Then again, you making a wallet also makes you a hypocrite and/or liar. You created a Bitcoin wallet yet you're so against it? What?

Get your stories (lies) straight.

yeah because selling porn and advertising trash traffic is almost as sophisticated as getting money from being an architect or a quantum physicist right :1orglaugh :1orglaugh

I don't think it was shitcoin, I think it's Bitcoin regret.

Ahh ya true, could be that too.

Amazing how much time & energy ppl will argue and fight Bitcoin instead of just taking the time to learn the basics.

It's looks pretty good now, recovering after the huge drop down

https://i.ibb.co/6XV2Tbr/Image1.png
uploading pictures

You forgot to post chart screenshots quite a bit during the past 7 days...

https://i.imgur.com/GTd9uqo.jpg

Glad you picked things up again now that it shows some more red again. :thumbsup

https://i.ibb.co/R7M0D7k/Image2.jpg
tous les symboles clavier

Bitcoin slips; Voyager Digital suspends operations

https://dailytimes.com.pk/962296/bit...ds-operations/

Bitcoin, the leading cryptocurrency worldwide, traded lower on Sunday, falling by 0.93pc to $19,033.92 at 9 a.m. Riyadh time. Ethereum, the second most traded cryptocurrency, was priced at $1,057.11, rising by 1.15pc, according to data from CoinDesk. To preserve its platform’s value, Voyager Digital on Friday announced it had su pen ed withdrawals, trading, and deposits, according to Reuters. A default notice was issued to embattled hedge fund Three Arrows Capital just days earlier for the fund’s failure to make required payments. According to Voyager CEO Stephen Ehrlich, the move gives the company more time to consider strategic alternatives with various interested parties while preserving its value. The company announced that it had hired financial advisers Moelis & Co., Consello Group, and legal advisers Kirkland & Ellis LLP “to support its exploration of strategic alternatives.” Voyager’s crypto assets are worth $685m, compared to the more than $1.12b it has lent in crypto assets. The company said it lent $350m and 15,250 bitcoins to 3AC. Voyager’s move comes less than a month after Celsius Network suspended withdrawals due to extreme market conditions. Customers of Celsius have not yet been able to withdraw money again

We're Heading To $0

stable.............

https://i.ibb.co/r66qSQR/Image1.jpg


Down down down

https://i.ibb.co/Jxh59KB/Image1.jpg

Its worse each day.

Going down.

Yes

By the sounds of things, those who have thrown money at bitcoin, may end up living in a stable.

I hope you and others have only invested a few dollars for fun and nothing major.

Facebook founder Mark Zuckerberg dumps crypto: Meta pulls the plug on its crypto payments wallet amid bitcoin crash

https://www.thisismoney.co.uk/money/...oin-crash.html

Meta is closing down its cryptocurrency digital wallet Novi less than a year after its launch, effectively ending the company's crypto ambitions.

The Novi pilot allowed users to make fee-free, instant personal payments via the app which Meta claimed would make sending money 'as easy as sending a message'.

The tech behemoth made its first foray into cryptocurrency, the Libra project, three years ago before launching a 'small pilot' of Novi last October.

The launch was scaled back compared to its original ambition, using stablecoin USDP rather than its own Diem coin.

Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode

https://cointelegraph.com/news/bitco...main-glassnode

So-called “market tourists” are fleeing from Bitcoin (BTC), leaving only long-term investors holding and transacting in the top cryptocurrency, according to blockchain analytics firm Glassnode.

I haven't been following this story that closely, but I expect what happened is that they faced a lot of regulatory difficulties. So, it's not that they didn't want to do it, it was just made too hard for them. Facebook is not abandoning crypto, it is using Eth/Matic for NFT integration:

https://www.coindesk.com/business/20...n-on-facebook/

Where NFTs are likely to find good use cases is within games to facilitate trading.

Hi DVTimes. In the interests of your all-round knowledge, I hope you also watch some pro Bitcoin stuff, e.g. CryptosRUs YouTube, Lark Davis YouTube, Anthony Pompliano, maybe watch some Michael Saylor interviews.

Yes, it's now the long term holders left, but notice that the price seems to have a support level around $20k that is created by them. The long term holders won't sell, they don't need to and they don't want to.

Cheers :thumbsup