[ChuckyTheGoat]

Well I used to think you were brilliant but now the jury is out if you can’t answer a simple question like that

Mickey Man, don't laugh. Maybe we go All-in on: *Mickey Mantle cards.

The asset that is apparently immune to dips. Dealers tell me that they can't keep Mantle cards on their table.

[Wrongside]

Free falling…

[homie1975]

[MinnesotaFats]

Is the bitcoin plummet the result of the Feds announcement it intends to launch a digital US currency with Congreesional approval?

Once that's issued, I would think bitcoin would lose half it's interested users (kids) who just wanna be cutting edge and chic

[raiders72001]

Is the bitcoin plummet the result of the Feds announcement it intends to launch a digital US currency with Congreesional approval?

Once that's issued, I would think bitcoin would lose half it's interested users (kids) who just wanna be cutting edge and chic

Liquidations in Asian markets caused the drop.

[raiders72001]

sundaeswap is released

Some hiccups after launch but could become Cardano's #1 DEX.

[Chi_archie]

uh oh

[themike78]

Like I said bitcoin will be worth around 3 cents on Monday.

[Auto Donk]

stay the course..... a thousand points of light......

[JAKEPEAVY21]

Ancillary question:

*WTF is going in with ALL markets?

Getting destroyed. Is ANYTHING holding value right now?

It's been a brutal stretch recently, Chuck..

[shadymcgrady]

Blood in the streets

[MickeyMan]

Mickey Man, don't laugh. Maybe we go All-in on: *Mickey Mantle cards.

The asset that is apparently immune to dips. Dealers tell me that they can't keep Mantle cards on their table.

Sounds like a great idea Chucky but I will have to check with my financial advisor Mike78 first

[Arky]

Blood in the streets

I don't know. I think there's still a ways to go before blood in the streets. Current total market cap is around 1.8T (and it's been so good lately about staying above 2T). In July, it went down to 1.3T with BTC @ $30K.

Could be just a shake-out. Going under $30K would change the game....

[k13]

i will scoop it up all the way down to 10K

Only great if rates stay low otherwise every investment will be abandoned at 4-5% rates.

[themike78]

Like I have been saying. Bitcoin will continue to fall until it reaches 3 cents on Monday. All other crypto won't even exist next week. Good Luck,

[ChuckyTheGoat]

Sounds like a great idea Chucky but I will have to check with my financial advisor Mike78 first

One of these days, Mickey. Need deep pockets to build a nice Mantle collection. Mantle/Clemente cards are ALWAYS in demand.

[themike78]

Sounds like a great idea Chucky but I will have to check with my financial advisor Mike78 first

You are better off buying cards of mickey mouse than crypto.

[dlowilly]

Oh man that would scare the hell out of me knowing all my crypto is on these 3rd party apps, not to mention the fine print. I don’t mind risking say 10% of my crypto for staking but spread it out over all of them. I’m pretty gung hoe about keeping my keys out of 3rd party stuff or exchanges unless i have too, seen way to much stuff happen over the years you would never expect. U can make more also by just trading the volatility without even having to take those risks and still prosper more than enough with the gains that come with it.

yep. Just think of all the bitcoin millionaires and billionaires if not for Mt. Gox!

[bigtymer56]

[Wrongside]

Of course my BTc came in on Monday. I never have BTC. No joke the last time, I had a good amount of it was March 2020 when it went from 10 to 3k in one one day....

With all this knowledge here, is there no expert opinions on when the hemorrhaging will end?

[GunShard]

Bitcoin under $40k is on sale for Bitcoin and crypto.
Within the next few months is when the smart investors should be buying because dumb investors only buy during an all time high at $70 for Bitcoin.

[themike78]

Of course my BTc came in on Monday. I never have BTC. No joke the last time, I had a good amount of it was March 2020 when it went from 10 to 3k in one one day....

With all this knowledge here, is there no expert opinions on when the hemorrhaging will end?

It will end when it reaches zero. This will be soon.

[trytrytry]

superior buys overnight

[BeatTheJerk]

You are better off buying cards of mickey mouse than crypto.

You’ve been nutting in your pants all day long haven’t you in regards to this crash.

[GunShard]

[BeatTheJerk]

[themike78]

You’ve been nutting in your pants all day long haven’t you in regards to this crash.

I really don't care if bitcoin goes up or down. I only use it for sportsbook transfers. I just know this is the beginning of the end of all crypto. It will all be worthless within the next few months.

[bitcoinLuke]

Is the bitcoin plummet the result of the Feds announcement it intends to launch a digital US currency with Congreesional approval?

Once that's issued, I would think bitcoin would lose half it's interested users (kids) who just wanna be cutting edge and chic

Digital dollar wouldn't decrease interest in Bitcoin, it would increase it. Bitcoin would be the digital version of gold

[bitcoinLuke]

We haven't bottomed yet either imo. I track big wallets, and they are buying again, yet. I'd guess the bottom is 20-25k, but that doesnt mean there wont be decent bounces before then. 30k should be a bounce point

[BeatTheJerk]

I really don't care if bitcoin goes up or down. I only use it for sportsbook transfers. I just know this is the beginning of the end of all crypto. It will all be worthless within the next few months.

Now I know why you despise Bitcoin or any crypto currency for that matter. You have never in your life made money with it. You just confirmed all our suspicions in-fact.

[ChuckyTheGoat]

Jerky:

*Pomp has been very defensive in recent videos. I don't like that.

BTC has been pretty correlated to the US stock market. Not divergent. If the SPY/Dow dip, BTC dips MORE (and LTC even MORE).

Not sure what to say. I think the BTC price is tied to the US govt turning on the printing press of Dollars.

[zam77]

I’m guessing the bottom will be around 12k to 18k for Bitcoin… unfortunately. Feds tightening, interest rates going up, crypto market oversaturated with shitcoins, novelty of all of it is wearing off… the drop isn’t close to over IMO.

[pavyracer]

buy low sell high

[Bluehorseshoe]

300,000 crypto accounts have been liquidated in the past 24 hours totaling $1.05 billion.

[themike78]

Now I know why you despise Bitcoin or any crypto currency for that matter. You have never in your life made money with it. You just confirmed all our suspicions in-fact.

I never once said I despise Bitcoin or crypto. I just think it's worthless and will never be worth anything in the long term. If I despised it I would never use it for sportsbook transfers. That is really the only use for it anyways. But investing in it now is just foolish. It will never go up in value ever again. People got lucky when it went so high and that's great. .