| How are things in crypto world? on 14:21 - May 12 with 1163 views | midastouch |
| How are things in crypto world? on 14:04 - May 12 by mutters |
Overall its fairly static for 3 months then? |
It's around 26% lower today than 3 months ago. If I'd invested 3 months ago I wouldn't be too thrilled with that. However, it's not like we've not been here before though is it, see here:
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| How are things in crypto world? on 14:29 - May 12 with 1137 views | mutters |
| How are things in crypto world? on 14:21 - May 12 by midastouch |
It's around 26% lower today than 3 months ago. If I'd invested 3 months ago I wouldn't be too thrilled with that. However, it's not like we've not been here before though is it, see here:
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What I meant was it's about the same down this week as it was a month ago as it was 3 months ago (~20%/25%)
My comment was more around the volatility of the asset. |  |
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| How are things in crypto world? on 14:35 - May 12 with 1129 views | midastouch |
| How are things in crypto world? on 14:29 - May 12 by mutters |
What I meant was it's about the same down this week as it was a month ago as it was 3 months ago (~20%/25%)
My comment was more around the volatility of the asset. |
I see, yeah sorry, I misunderstood. I just thought you meant the price today compared to 3 months ago. | |
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| How are things in crypto world? on 15:36 - May 12 with 1092 views | midastouch |
| How are things in crypto world? on 13:47 - May 12 by midastouch |
Bitcoin has taken a hit, see highlighted in yellow below:
So its currently down around 22% over the last week. And 52% compared to 6 months ago. |
Amazon is down nearly 29% compared to a month ago.
Seems some of the tech stocks are also taking a big hit. | |
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| How are things in crypto world? on 16:57 - May 12 with 1053 views | clive_baker |
| How are things in crypto world? on 15:36 - May 12 by midastouch |
Amazon is down nearly 29% compared to a month ago.
Seems some of the tech stocks are also taking a big hit. |
Got to feel for anyone holding terra luna, just lost 99% of its value. |  |
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| How are things in crypto world? on 17:20 - May 12 with 1040 views | Kievthegreat |
| How are things in crypto world? on 16:57 - May 12 by clive_baker |
Got to feel for anyone holding terra luna, just lost 99% of its value. |
Was $119 at it's peak, has dropped to below $0.02. |  | | |
| How are things in crypto world? on 17:53 - May 12 with 1027 views | Swansea_Blue |
| How are things in crypto world? on 17:20 - May 12 by Kievthegreat |
Was $119 at it's peak, has dropped to below $0.02. |
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| How are things in crypto world? on 18:27 - May 12 with 982 views | DanTheMan |
None of the algorithmic stable coins work.
This one was promising 20% returns which is absolutely insane.
The industry needs regulation and fast. People investing their life savings into things they can't even hope to really understand. |  |
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| How are things in crypto world? on 18:35 - May 12 with 962 views | HARRY10 |
The great wall street crash The same problem, numpties borrowing money to buy shares - putting their house and all else as collateral
It's nothing much different to a Ponzi scheme, requiring the delusion of idiots to prop it up, not much different to that scam that was the football exchange.
I tried to dissuade a relative, who still keeps squeaking he lost nearly £5000. He didn't. He lost the £800 he put in, in total.
Much as some clown who has 5 winners on an accumulator then says he has just lost x amount when number 6 loses, when actually all he has lost is his original stake.
They will certainly be winners, but their winnings will come from the huge number of the inevitable losers.
It rather reminds me of all the money invested in smuggling, which was lost when taxation changed in the 1840s |  | | |
| How are things in crypto world? on 19:40 - May 12 with 941 views | midastouch |
| How are things in crypto world? on 16:57 - May 12 by clive_baker |
Got to feel for anyone holding terra luna, just lost 99% of its value. |
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| How are things in crypto world? on 19:50 - May 12 with 921 views | SuperKieranMcKenna |
| How are things in crypto world? on 15:36 - May 12 by midastouch |
Amazon is down nearly 29% compared to a month ago.
Seems some of the tech stocks are also taking a big hit. |
The performance of bitcoin is now intrinsically linked to NASDAQ. It’s not a viable alternative to equities. | | | |
| How are things in crypto world? on 09:36 - May 13 with 796 views | Steve_M |
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| How are things in crypto world? on 10:20 - May 13 with 777 views | Cotty |
Here's my completely unqualified hot take: This is not the bubble bursting just yet, but it seems inevitable to me that it will. When the global energy crisis starts to bite a little more, there are a lot of Chinese bitcoin factories that are going to power down. |  | | |
| How are things in crypto world? on 11:13 - May 14 with 658 views | Steve_M |
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