"Another proof that bitcoin is not a good hedge versus risky assets in risk-off episodes. It actually falls more than risky assets during risk-off." Is BTC worth anything at all anymore after this shitshow performance? Unsure.. If it doesn't hedge against the normie economy.... then.... Fuck it.. Junk.. Bitcoin is too fucking volatile to be a proper short term hedge. Long term it has performed like a great "hedge" though. exactly, long-term this a hedge against corruption, fraud, and crony governments. And all of those things are gong to pickup steam substantially this year. |
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Put a buy order at ~4500 and going back to sleep. I want my coins back :d
I think you'll get them back. Just don't over invest. |
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"Another proof that bitcoin is not a good hedge versus risky assets in risk-off episodes. It actually falls more than risky assets during risk-off." Is BTC worth anything at all anymore after this shitshow performance? Unsure.. If it doesn't hedge against the normie economy.... then.... Fuck it.. Junk.. It is a hedge against money printing and censorship. The printing hasn't arrived yet, but it will soon, and this printing will be one for the ages. |
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To any newbs out there who just went through all that and didn't sell. Congrats, you're a man now. Still cant believe we actually got under 4k. Holy Flu Hoax!  via Imgflip Meme GeneratorI thought I was a grizzled ass veteran who's been in this BTC game for almost 9 years now. Today scared the shit out of me though. I can only imagine how it was for a noob. Still hodling though, and managed to buy more. can't agree more. I've been in for 7 years. Thought I had seen it all. The world is in a really fucked up place right now, anything can happen. But I know sooner or later we are going to see a lot of stimulus, CBs buying assets directly, but will also see helicopter money and debt purchases. This is going to be far more serious than 2008. |
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I do feel a little better now though
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This may not be over yet not huge amount of volumes on these green candles.
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5229
put a gun in my mouth
why the fuck I even woke up in the middle of the night
mindrust, try not to worry anything can still happen. lets just say it is over for now, well we are not going up to 100k anytime soon so you have time to decide what you need to do from here on. |
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order books are completely fucked up at the moment. everyone is using market orders
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Maybe someone mentioned this already, but was that not the biggest daily red candle in Bitcoin history?
How does one not buy that?
fear, and lots of it |
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I am out of my position from 4550USD.
Few moments later it went from 4000 to 4800 after I sold.
I am a nocoiner now.
Only lost $2k from my initial investment but who knows how much I lost from my future profits.
I just deleted every signature gain, every fork gain I got.
whatever happens I wish you the best mindrust. |
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Look on the bright side guys.. The closer it gets to zero, the less it can possibly go down any more  I'll finally be able to own 10000 bitcoins |
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Come on bargain boyz or vampire boyz or what ever your fucking names are. Help me out here Lambie
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we need a big green candle and we need it bad
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going down on lower volume now. I doubt that means anything though.
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It is on the exchange now. I am one click away. Cant do it.
You're scaring me |
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I think I am about to capitulate .
I can live with one arm.
define capitulate Going all out, last time I checked my local exchange wtill pays 5k for a piece. I must get out before they wake up. Waiting for the fucking confirmation 4700 already and no confirmation Are you seriously selling up? |
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This is the fucking titanic people.
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There can't be many coins left to sell surely.
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Well, I would have to say this has been the worst day ever of all my days in bitcoin (since April 2013) and I think I'm going to have to just not look at it for a while in order to give myself time to accept this shit. Of course, it is hard to stop looking at a car crash, so I'll probably last about 10 min.
HODL everyone! the central bank are not far off buying assets directly and helicopter money, this will flow into bitcoin too.
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