1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

[heisenburrr]

2. Interest rate risk. Feds will have to act on rising inflation, meaning a rise in rates, which will force institutional money to flow from risk assets back into cash flow rich companies that pay dividends. Crypto is far too speculative an asset class in a higher rate environment.

This would be a death sentence for US economy. No way this happens

 

[GoldenGlove]

can't even buy anything if I wanted to
Every major crypto site is down and I'm hearing that people are withdrawing crypto in mass volumes
I think we're getting another drop when everything is back up

shyt's wild cause the prices on some of the exchanges aren't matching up either.

 

[the bossman]

Oh really?

Please make sure you stay in the thread for at least the next 3 months don't go ghost all of a sudden.

 

[Numpsay]

......

Coinbase:

These exchanges trying to stop the bleeding. Probably don't have enough cash on hand to cover everyone cashing out.

 

[TheBigBopper]

Death sentence for spec assets, not for the economy. Rise in rates tempers inflation, and we’re not talking about the 10 year yield going to 5% or some shyt, it’d be modest.

It’d actually be healthy for the overall economy and Yellen + other fed presidents have already alluded to increasing rates earlier than anticipated.

 

[macadomusic]

we've seen this time and time again. This seperates the weak from strong

 

[heisenburrr]

can't even buy anything if I wanted to
Every major crypto site is down and I'm hearing that people are withdrawing crypto in mass volumes
I think we're getting another drop when everything is back up

There's gonna be supply pressure for a while but the drop all the way down was from cascading liquidations from leverage trader. Would be a disaster to revisit the lows. Don't see it.

 

[rightfultoefinger]

Hope you didn't lose too much money by panic selling, things are already slowly rebounding.

Did you expect it to drop straight down? Of course there’s going to be a little bounce from people buying the dips and hoping it’s bottom.

 

[null]

Hope you didn't lose too much money by panic selling, things are already slowly rebounding.

maybe he sold at 39K... he can buy even more for the same money now.

 

[ReasonableMatic]

we've seen this time and time again. This seperates the weak from strong

Word, all I know is I ordered extra dip with my chicken

 

[Bay Area]

Did you expect it to drop straight down? Of course there’s going to be a little bounce from people buying the dips and hoping it’s bottom.

We'll see what happens, we're all speculating. Chill with the sassy energy

 

[BornStar]

Looks like we are bouncing back, but I'm not brave enough to buy these dips. . Could be a trap.

Btc dropped to 30k
Eth at 2,500
Xrp 1.15
Vet at .10

There's no air left in the ball. It's over.

See yall in the next bull run in 2023

See ya breh come back to page 987 in about 3-6 months

 

[Bay Area]

maybe he sold at 39K... he can buy even more for the same money now.

Only he knows what price he bought in at.

 

[heisenburrr]

Now where is the guy that was telling everyone to back up the truck on FIL

How you FIL-ling?

 

[null]

i bought into VET, SHIV, MATIC and ADA at the lows for the near term bounce. will sell for seed+profits soon or sooner if the BTC rally tails off