What is wrong in CryptoLand, Bitcoin low -16,7% !!

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It maybe a temporary correction too as a lot of big money⁠ movers are involved in cryptos as of the moment so it's natural some would try⁤ to cash in at higher prices. It could make Yellen scream more once it gets⁣ to 50k and more as they know their fiats are getting crushed.
 
Exactly it could have both moves. I for one was always with 40k plus profit‍ takers.
 
Tether is not a 100% scam, they are not 100% clean that's not the same‌ thing. the SEC case will likely end up with a fine of a few hundred‍ millions at most and then its business as usual, a slap on the wrist for⁠ them at this point ...

Tether marketcap is 4% of bitcoin marketcap, bitcoin is not⁤ going to zero if tether disappear tomorrow, wake up ...

the whole tether fud is⁣ a complete joke and has been debunked many times ...
 
BTC will probably dump to $18K in the next week or so. Could see as‌ low as $14K-$16K on a wick. When that happens Etherium will wick to around $600‍ before we see another hike up to an ATH around $1800 - $2400

Just my⁠ opinion from reading the charts and understanding the market psychology. We will see if I'm⁤ right, I have staggered limit orders in on ETH at $620, $580, and $540 as⁣ that's likely to provide the best short term ROI.
 
Michael Saylor is⁠ a MIT graduate in both aeronautics and astronautics, a self made billionaire who has run⁤ a very profitable business for decades and has a record of being extremely clairvoyant in⁣ regard to evolution of technology. all this at only 55yo.
and you are ? smi(&%

if you don't see how intelligent, clever and well versed in finance this guy is after⁢ listening to him a few time, you are just one of those dumbass idiots who︀ believe they are smart ... actually that would explain why you don't get bitcoin and︁ still think its a ponzi smi(&%
 
had to share this, the amount of idiots who buy bitcoin without understanding it is‌ incredible, and we are not talking about little people coming in with a few thousands‍ ... institutional weak hands ahah
https://u.today/public-company-dumps-millions-worth-of-bitcoin-due-to-fake-double-spend-news
a good explanation for those who are curious about⁠ this "double spend" recend FUD that explaines brilliantly part of how bitcoin works.


https://twitter.com/x/status/1352258125932371968


bitcoin is unbreakable !!!
 
Sounds like︀ someone is salty after losing 25% of their "investment" in a week 😉 keep investing in︁ your magic coin creepto bro. In any bubble someone needs to be left holding the︂ bag, and looks like it's you.

I love it, they are not fully a scam, just partly a scam. A coin with︆ $127 BILLION DOLLAR daily volume, the highest volume coin in the entire creeptosphere is "just︇ a small scam" and it doesn't bother you. Amazing smi(&%

Market cap is mumbo jumbo that︈ means nothing, the real important metrics are FLOAT and VOLUME:

BTC Volume today: $79,848,003,424
Tether volume today: $127,619,763,749

With $127 BILLION printed out of thin air these guys︉ can pump BTC as much as they want ... and when the party is over︊ it will be over fast.

I've never seen a more delusional person in my life.︋ Your magic coin crashed 25% in a week and instead of realizing it's a fugazzi︌ you're blaming it on "institutional weak hands" AHAHAH
 
I have⁠ been eating that volatility for breakfast every day for years, so sorry to disappoint but⁤ this is business as usual for me smi(&%
I mean think about it for a sec,⁣ what is a 30% drop after over a 3 digits % up ?
my crypto⁢ portfolio has grown beyond any of my expectation to a point you wouldn't believe, yes︀ even after this dump !

just to be clear, I don't day trade significant amount,︁ I buy and hold long term or until I find something better to invest into,︂ be it crypto, stocks or whatever else that is liquid. I keep an eye out︃ despite what you might think.

you don't even read what I write, I said they︇ are NOT a scam but they are not 100% clean either, meaning in the past︈ they might have cooked the book one way or another.
I guarantee you since they︉ have had the regulators on their a*s they have transformed into little angels buying their︊ way to paradise, or too big to fail if you will.

now If tether ever︋ failed another stablecoin while take over that volume that's all, between USDC, Paxos, GUSD and︌ BUSD all fully regulated and audited, there is plenty of choices,.
If you think the︍ regulators will let so many people lose money by shutting down tether, think again !︎

you know I had the exact same kind of discussion on bitcoin about a year️ ago somewhere else with someone as stubborn and close minded as you and ... btc‌ is up over 350% since then ! but eh its a ponzi, zero fundamentals, its‍ going to zero blablabla ...
want to guess were we will be in a year⁠ ? or in 5 years ? allow me to put that in picture if I⁤ may smi(&%
 
It's called profit taking. People who bought bitcoin weeks and months ago were happy with‌ 40K target and started selling.
 
I agree, it will go‍ up again, sooner or later just to explode.
 
yo, the noob retailers are‍ of course very happy to have made 15k out of 5k in just 3 month.⁠ They run and sell just to buy back in at 80k.
 
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