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

Originalman

Veteran
Supporter
Joined
May 15, 2014
Messages
47,127
Reputation
12,140
Daps
204,753
It's a dirty game with these centralized exchanges. These assets could be in various protocols and they don't even have them on hand for users to withdrawal. Then if you have folks who have leveraged positions, it's a way for them to liquidate people during the "downtime" to get assets back for when everything is back up and running.

Yep all this!
 

Virtuous_Brotha

Superstar
Joined
May 3, 2012
Messages
8,989
Reputation
1,396
Daps
20,464
Reppin
NULL
Wasn’t some hedge fund going to get margin called at like 21k? Although, I’m pretty sure he said he’d keep buying if it ever got down that low? I remember reading it back a couple months ago.
Micro strategy? Should have kept their mouths shut. Why the fuk even reveal that information.
Malicious whales will push it down there for the sake of it :scust:
 
Joined
May 3, 2012
Messages
10,781
Reputation
3,916
Daps
56,110
Reppin
NULL
They are trying to stop the market from completely crashing on itself...IMO
They're making it worse. Ive seen this with shytcoins and and alts, as soon as withdrawals resume people are gonna sell off hard, thinking that if they'll pause once, they'll do it again and they might not get another chance to sell.
 
Top