seljo
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Activity: 1178
Merit: 1014
Hodling since 2011.®
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May 19, 2021, 02:30:46 PM |
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Dabs
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Activity: 3416
Merit: 1912
The Concierge of Crypto
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May 19, 2021, 02:35:32 PM |
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If you're looking for someone to blame (or thank) - in addition to the usual suspects like Elon or China - may I suggest shitcoiners, defi specifically. Those fucking morons have been overleveraged into Bitcoin and shitcoins since mid 2020, maybe earlier. Typical liquidation threshold is around 70-80% of collateral value so I'm quite certain there was a wave of liquidations contributing to the precipitous drop from mid 40s to low 30s.
Only if they were leveraged. If they directly bought whatever token or something and withdrew it to play with defi then there is no liquidation. Or in some other cases, they somehow got some tokens airdropped or swapped from somewhere ago, and are just hodling it today.
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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May 19, 2021, 02:36:25 PM |
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The bitcoin shaking machine was miscalibrated and ripped the tree out of the ground and now it's dead.
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bitcoinPsycho
Legendary
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Activity: 2464
Merit: 2072
$120000 in 2024 Confirmed
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May 19, 2021, 02:39:58 PM |
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The bitcoin shaking machine was miscalibrated and ripped the tree out of the ground and now it's dead. I heard the same thing 8 years ago
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eddie13
Legendary
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Activity: 2296
Merit: 2262
BTC or BUST
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May 19, 2021, 02:41:27 PM |
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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May 19, 2021, 02:42:54 PM |
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The bitcoin shaking machine was miscalibrated and ripped the tree out of the ground and now it's dead. I heard the same thing 8 years ago It's a timeless message from those of us who can see into the future
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suchmoon
Legendary
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Activity: 3654
Merit: 8922
https://bpip.org
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May 19, 2021, 02:43:49 PM Merited by JayJuanGee (1) |
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Only if they were leveraged. If they directly bought whatever token or something and withdrew it to play with defi then there is no liquidation. Or in some other cases, they somehow got some tokens airdropped or swapped from somewhere ago, and are just hodling it today.
Oh many of them are leveraged, double/triple/quadruple leveraged. Why else would they pay ridiculous ETH fees, and pay 30%+ APR to borrow some fake USD (like USDT or USDC) instead of just buying BTC or some shit-token directly.
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shahzadafzal
Copper Member
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Activity: 1526
Merit: 2891
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May 19, 2021, 02:45:34 PM |
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Bitch is back!
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Greyhats
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Activity: 167
Merit: 99
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May 19, 2021, 02:46:15 PM |
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Wow not been back on this thread since the flash crash to 100ish in 2013. By the dip always, stay strong
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heslo
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May 19, 2021, 02:48:11 PM |
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Bitch is back! lol now he backtracks after he realises the shit storm he started. Fuck him anywaym we didn't need him before and we don't need him now. Bipolar son of a bitch
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proudhon
Legendary
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Activity: 2198
Merit: 1311
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May 19, 2021, 02:49:41 PM |
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Bitch is back! Nice try, Elon! lol You killed your billion dollar hedge. It's not going to recover. If he hasn't sold already, he should just do it now. It'll look better than being a diamond handed ape grasping bitcoin at $1,000 and below in a couple years.
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eddie13
Legendary
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Activity: 2296
Merit: 2262
BTC or BUST
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May 19, 2021, 02:50:11 PM |
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Bitch is back! The fuck was just asking a few months ago if it’s even possible to buy Bitcoin, and now all of a sudden he is diamond hands.. What a poseur..
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BitcoinGirl.Club
Legendary
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Activity: 2772
Merit: 2712
Farewell LEO: o_e_l_e_o
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May 19, 2021, 02:55:06 PM |
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UnDerDoG81
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Activity: 2179
Merit: 1201
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May 19, 2021, 02:55:30 PM |
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Bitch is back! Did that gaylord delete all his previous tweets from the last couple days? Cant find em.
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bitcoinPsycho
Legendary
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Activity: 2464
Merit: 2072
$120000 in 2024 Confirmed
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May 19, 2021, 02:56:47 PM |
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The bitcoin shaking machine was miscalibrated and ripped the tree out of the ground and now it's dead. I heard the same thing 8 years ago It's a timeless message from those of us who can see into the future So it dies in in the year 2880 I'm OK with that
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friends1980
Legendary
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Activity: 1582
Merit: 1059
nutildah-III / NFT2021-04-01
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May 19, 2021, 02:56:48 PM |
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Last time I mention this dude. PS: I'm on the way of being rich again.
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milkshock100
Member
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Activity: 242
Merit: 14
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May 19, 2021, 02:59:40 PM |
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flash crash, party's over - back on the 100k train
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philipma1957
Legendary
Online
Activity: 4116
Merit: 7834
'The right to privacy matters'
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May 19, 2021, 03:02:31 PM |
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Well I got some dip action in. Bargain BTC
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