Pop321 Posted June 18, 2022 Share Posted June 18, 2022 6 hours ago, zugzwang said: Nobody cares what the American brutes want! The American Empire ended effectively with the panicked withdrawal from Afghanistan. Big Stick Number One Agree. Even if the US think they want this, it isn’t a US want…..it’s like water running downhill, it just is. It’s not just West driven but rather it’s World Leader driven both East and West. Biden may not truly understand the full narrative but plays his part for his team and Putin for his. The end of an empire starts with decoupling of the reserve currency and the building up of manufacturing abroad ie 70’s and 80’s. Happens every time, less political but rather opportunistically human….it’s then the economic power begins to shifts and all that needs to happen is time to pass. China buying US Treasuries with all those dollars it has earned producing stuff for the West. Now we wait to see whether we end up with a bipolar world or indeed I believe more likely a multipolar world. Africa, Indian, South America, Middle East, Russia, China, US, UK, Germany and the EU all to establish alliances and how it plays out. The only reason the US is ‘accepting’ of this is because if it were a world empire in 20 years time with one reserve currency…..it wasn’t going to be the dollar. In a multipolar world they can have their power base even if it’s just in their own country. Quote Link to comment Share on other sites More sharing options...
Chunketh Posted June 18, 2022 Share Posted June 18, 2022 6 minutes ago, henry the king said: The TA doesn't work because it is all manipulated. The whales tried to hold on at 40k. Failed. So it plunges to 30k. They then tried to hold on at 30k. Failed. So plunged instantly to 20k. They are now desperately trying to manipulate it to hold on at 20k. It will fail and plunge to some new value. When 20k breaks then all those BTC bulls who say "BTC never sinks below previous ATH levels" will be made into liars and the whole thing could collapse. It’s just dropped below 20k Quote Link to comment Share on other sites More sharing options...
henry the king Posted June 18, 2022 Share Posted June 18, 2022 (edited) 23 minutes ago, Chunketh said: It’s just dropped below 20k Now they will frantically try to get it back to 20k but it will drain their resources to manipulate it. Then when it finally breaks strongly below 20k it is done. Or this is the strong break below 20k. Hard to say right now. Either way, the myth of never going below previous highs is broken. Edited June 18, 2022 by henry the king Quote Link to comment Share on other sites More sharing options...
Pop321 Posted June 18, 2022 Share Posted June 18, 2022 34 minutes ago, henry the king said: Now they will frantically try to get it back to 20k but it will drain their resources to manipulate it. Then when it finally breaks strongly below 20k it is done. Or this is the strong break below 20k. Hard to say right now. Either way, the myth of never going below previous highs is broken. It was a sharp drop….it’s hovering now. Did some news break? My personal interest is Bitcoin has been a useful ‘canary in the mine’ over the weekend to gauge Monday morning sentiment in the tech (and by default) the wider markets. At the moment it looks like it should be an interesting weekend. Quote Link to comment Share on other sites More sharing options...
micawber Posted June 18, 2022 Share Posted June 18, 2022 It looks to be falling straight through the 19's. I guess something triggered automatically at the 20K level and it wasn't buy orders. Quote Link to comment Share on other sites More sharing options...
micawber Posted June 18, 2022 Share Posted June 18, 2022 There it goes ... Quote Link to comment Share on other sites More sharing options...
Chunketh Posted June 18, 2022 Share Posted June 18, 2022 3 minutes ago, micawber said: There it goes ... 1 hr 20 mins to fall straight through 19k Quote Link to comment Share on other sites More sharing options...
Dreamcasting Posted June 18, 2022 Share Posted June 18, 2022 (edited) Bagholders becometh. The governments and central banks aren't going to allow Bitcoin to be a store of value or wealth, particularly with falling stock markets, currencies and very high levels of inflation. Edited June 18, 2022 by Dreamcasting Quote Link to comment Share on other sites More sharing options...
Mikhail Liebenstein Posted June 18, 2022 Share Posted June 18, 2022 1 hour ago, Chunketh said: It’s just dropped below 20k N n n n n n nineteen oh 18..... Can still lose 99.999999% of value from here though. Quote Link to comment Share on other sites More sharing options...
longgone Posted June 18, 2022 Share Posted June 18, 2022 https://www.forbes.com/sites/billybambrough/2022/06/18/stark-10000-warning-as-massive-meltdown-sends-bitcoin-price-crashing-under-20000-tanking-ethereum-bnb-xrp-solana-and-cardano/?sh=5213ad7dac8f Serious $10,000 Warning As Massive Meltdown Sends Bitcoin Crashing Under $20,000—Tanking The Price Of Ethereum, BNB, XRP, Solana And Cardano 🤣 @MonsieurCopperCrutch How much your fun bags worth now ? Quote Link to comment Share on other sites More sharing options...
longgone Posted June 18, 2022 Share Posted June 18, 2022 Seems the phrase "have fun staying poor" has taken on a whole new meaning. Quote Link to comment Share on other sites More sharing options...
Dreamcasting Posted June 18, 2022 Share Posted June 18, 2022 (edited) 3 minutes ago, longgone said: Seems the phrase "have fun staying poor" has taken on a whole new meaning. Don't be a salty no-coiner now. Although those currently holding coins are soon to become one themselves 🤣 Edited June 18, 2022 by Dreamcasting Quote Link to comment Share on other sites More sharing options...
longgone Posted June 18, 2022 Share Posted June 18, 2022 1 minute ago, Dreamcasting said: Don't be a salty no-coiner now. Although those currently holding coins are soon to become one themselves 🤣 Ohh i do own coins. Just not the ones going to zero. By this time tomorrow it will be 14k Quote Link to comment Share on other sites More sharing options...
longgone Posted June 18, 2022 Share Posted June 18, 2022 https://www.independent.co.uk/tech/crypto-price-bitcoin-collapse-latest-b2104033.html Bitcoin price plunges through important milestone, amid fears of further crypto collapse Quote Link to comment Share on other sites More sharing options...
longgone Posted June 18, 2022 Share Posted June 18, 2022 9 hours ago, MonsieurCopperCrutch said: Remember when Bitcoin crashed to $5000 in March 2020? Yeah so do I and the same old salty characters above failed to see the buying potential then as they do now. Their loss will be my mad gainz. Just think 4x up from March 2020 and they still claim that you are losing. 🤡🤡🤡🤡 4x up 3x up 2x up 1x up 0x up 1x down 🤡 Quote Link to comment Share on other sites More sharing options...
henry the king Posted June 18, 2022 Share Posted June 18, 2022 57 minutes ago, Pop321 said: It was a sharp drop….it’s hovering now. Did some news break? My personal interest is Bitcoin has been a useful ‘canary in the mine’ over the weekend to gauge Monday morning sentiment in the tech (and by default) the wider markets. At the moment it looks like it should be an interesting weekend. It doesn't need bad news. Tether is going under at some point. Nobody with a brain would deny this. Coinbase will go bankrupt soon too. They even reported it was a risk. People are smartly choosing to cash out now and take their profits or cut their losses. The Fed is no longer printing, in fact it is now doing the opposite. There is only 1 way this is going. I predict sub $10k before year end and then sub $1k at some point not too distant. Quote Link to comment Share on other sites More sharing options...
henry the king Posted June 18, 2022 Share Posted June 18, 2022 36 minutes ago, Mikhail Liebenstein said: N n n n n n nineteen oh 18..... Can still lose 99.999999% of value from here though. I wish more people listened to your insight. BTC is a millenial fad, it is not popular with younger people. So an asset based on the "greater fool" principle is running out of greater fools as the young people of today see crypto as a scam. In fact, NFTs and crypto are a meme in younger circles. They are laughed at. Quote Link to comment Share on other sites More sharing options...
Octavian Posted June 18, 2022 Share Posted June 18, 2022 1 minute ago, longgone said: 4x up 3x up 2x up 1x up 0x up 1x down 🤡 Lol it's hilarious, I love seeing CopperCrutch get called out thread after thread. He gives me such creepy vibes. Uses 4chan language in almost every post yet claims to be an enlightened leftist. Definitely single by the way he's up late into the night and probably obese judging from his COVID fears. Quote Link to comment Share on other sites More sharing options...
rollover Posted June 18, 2022 Share Posted June 18, 2022 Grave humour of Memecoins The joke and fun intended memecoins such as Dogecoin and Shiba Inu had eroded more than 95 per cent of investors’ wealth from their peaks. These tokens are not worth even a few cents. They have declined between 25-30 per cent in the last one week, mocking the investors' with some serious wealth destruction. economictimes Quote Link to comment Share on other sites More sharing options...
Mikhail Liebenstein Posted June 18, 2022 Share Posted June 18, 2022 22 minutes ago, henry the king said: I wish more people listened to your insight. BTC is a millenial fad, it is not popular with younger people. So an asset based on the "greater fool" principle is running out of greater fools as the young people of today see crypto as a scam. In fact, NFTs and crypto are a meme in younger circles. They are laughed at. As said, Crypto is grandma's Friends Reunited account. All another fad, like tulips and the South Sea Bubble, with a bit of Ponzi thrown in. Quote Link to comment Share on other sites More sharing options...
Warlord Posted June 18, 2022 Share Posted June 18, 2022 Next stop 10k I told them all to get out time and again. They were laughing at me when it was reaching all time highs. look at my post history. Now @markyh is saying im a broken clock or whatever.. He is going to regret not listening. Still time to get out Marky and others before you face wipe out. Wait until Saylor is forced to sell his stash. This is not over by a longshot Quote Link to comment Share on other sites More sharing options...
Mikhail Liebenstein Posted June 18, 2022 Share Posted June 18, 2022 25 minutes ago, Octavian said: Lol it's hilarious, I love seeing CopperCrutch get called out thread after thread. He gives me such creepy vibes. Uses 4chan language in almost every post yet claims to be an enlightened leftist. Definitely single by the way he's up late into the night and probably obese judging from his COVID fears. I did always wonder why he had Crutch in his name. https://forbigandheavypeople.com/extra-large-crutches-for-heavy-people-up-to-500-lbs/ Quote Link to comment Share on other sites More sharing options...
Warlord Posted June 18, 2022 Share Posted June 18, 2022 (edited) 2 hours ago, henry the king said: The TA doesn't work because it is all manipulated. The whales tried to hold on at 40k. Failed. So it plunges to 30k. They then tried to hold on at 30k. Failed. So plunged instantly to 20k. They are now desperately trying to manipulate it to hold on at 20k. It will fail and plunge to some new value. When 20k breaks then all those BTC bulls who say "BTC never sinks below previous ATH levels" will be made into liars and the whole thing could collapse. LOL yes @warpigand his charts trying to trade the ups and downs & find the bottom which we know is ZERO. That's your fecking bottom. I told him to stay in the gold thread. I think he's ignoring me. Bless. Edited June 18, 2022 by Warlord Quote Link to comment Share on other sites More sharing options...
longgone Posted June 18, 2022 Share Posted June 18, 2022 39 minutes ago, Octavian said: Lol it's hilarious, I love seeing CopperCrutch get called out thread after thread. He gives me such creepy vibes. Uses 4chan language in almost every post yet claims to be an enlightened leftist. Definitely single by the way he's up late into the night and probably obese judging from his COVID fears. I would not write off coppercrutch if i was you, him and his kind have a habbit of rising like a phoenix from the ashes almost james bond like. His mammy only lived twice you know. Currently bond has the laser aimed at him and getting dangerously close to his crown jewels being evapourated. Quote Link to comment Share on other sites More sharing options...
henry the king Posted June 18, 2022 Share Posted June 18, 2022 28 minutes ago, Mikhail Liebenstein said: As said, Crypto is grandma's Friends Reunited account. All another fad, like tulips and the South Sea Bubble, with a bit of Ponzi thrown in. It is the MySpace of this era. Quote Link to comment Share on other sites More sharing options...
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