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

Bitcoin Is More Likely to Hit $10,000 Than $30,000, Survey Finds

https://www.bloomberg.com/news/artic...ays-mliv-pulse

A majority sees Bitcoin tumbling to $10,000 in MLIV survey
Retail investors are more bearish on crypto than professionals

short it then

but you wont :1orglaugh

Bitcoin Drops to $19.7K as Recession Concerns Weigh on Financial Markets, Euro Nears Dollar Parity

https://www.coindesk.com/markets/202...dollar-parity/

Bitcoin dropped through a major support level Tuesday, falling below $19,700 amid a sell-off in broader markets that saw equity indexes decline and the euro approach parity with the U.S. dollar.
Price-charts show bitcoin saw rejection at last week’s $21,800 level. It experienced some support at $20,500 over the weekend and dropped to the $19,700 mark in early Asian hours today. A brief bump up to almost $20,000 was followed a return to the lower level in the European morning.
Bitcoin could drop to as low as $18,700, a level it reached earlier this month, technical analysis shows. A recovery from current levels, on the other hand, could see bitcoin climbing as high as the $21,300 zone in coming weeks.

on a positive side:

https://bitcoinmagazine.com/business...twork-adoption

“The Lightning Network will allow anyone — individuals, SMEs, institutions, etc. — to send domestic or international payments of any size, with unlimited frequency, without bank intermediaries, nearly instantly, and essentially for free.”

Bitcoin is a beautiful thing ;)

look at stocks markets, look at amazon, google. everything went down. so it would be strange if crypto no

He only attacks Bitcoin though. He fails to realize all markets are down:

First half performance in 2022:

Apple: -23%
Microsoft: -24%
Alphabet: -25%
Amazon: -35%
Tesla: -35%
Zoom: -40%
Airbnb: -45%
Pinterest: -49%
Nvidia: -50%
Uber: -50%
Meta: -53%
Bitcoin: -60%
PayPal: -62%
Etsy: -64%
Netflix: -70%
Snap: -72%
Ether: -73%
Shopify: -74%
Coinbase: -80%

imagine if all crypto eventually goes to $0 and never recovers again.

Some people would have become millionaires by literally buying and selling NOTHING.

Imagine if the $10 in your savings account is really just numbers in a database, that means your worth is nothing, not even $10 worth.

The people that missed out on Bitcoin sure do pay a ton of attention to Bitcoin.

They sure do. Unfortunately for them they refuse to learn the Bitcoin tech & economics, only paying attention to headlines.

Still under $20k now, It might go up since Covid19 getting more actual now

Imagine being this dumb and having nothing more important to do.

Over $540M Liquidated as Bitcoin, Ethereum Plummet

https://decrypt.co/107791/540m-liqui...hereum-plummet

Bitcoin plunges for SEVENTH day in a row: Largest crypto-currency drops by 5% to a three-week low - and has shed more than half its value since start of the year

https://www.dailymail.co.uk/news/art...-week-low.html

If you short it, and prove you did, your voice here on the crypto prices would sound more legit, you'd be a brilliant oracle. But just saying it's down, and only goes down, forever, you'll be right half the time, and you're no more special than a typical crypto bear & FUD spreader.

Get some skin in the game, you aspiring oracle! :pimp

:mad::mad::mad::mad::mad:

Bitcoin, Ether Among Major Cryptocurrencies Taking A Nosedive After Sudden Sell-Off

https://www.forbes.com/sites/roberth...dden-sell-off/

The value of top cryptocurrencies including bitcoin and ether plummeted early Friday morning, derailing a weeks-long rally and shedding tens of billions in value in a matter of minutes as the market still reels in the wake of the devastating crash this summer.

How the Bitcoin boom led to ‘a giant fleecing of ordinary people’

Investing in cryptocurrencies was the get-rich craze of the pandemic. Then came the $2 trillion crash. Was it a giant Ponzi scheme all along?

https://www.thetimes.co.uk/article/c...ople-wgt2rlbjf


The reality finally hit Fynn Weisgerber, 17, when he was driving home from football practice in May. He pulled over and cried.

“I was having a mental breakdown,” he recalls. “I had just watched $1 million disappear before my eyes in, like, hours. It was crazy how fast it happened.”

Weisgerber is a polite, articulate teenager from Michigan. The words “Jeez” and “oh man” bubble up regularly as he unspools an incredible story that captures what is sure to go down as one of the great manias of financial history: the cryptocurrency boom.

For a few unbelievable months, you see, Weisgerber was a crypto millionaire. He took $2,000 from his savings last year — with his parents’ consent — and, in between Zoom classes during