Bitcoin Forum
May 04, 2024, 01:27:01 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Why use the word CRASH instead of LOSSES on BTC?  (Read 334 times)
electronicash
Legendary
*
Offline Offline

Activity: 3080
Merit: 1049


Eloncoin.org - Mars, here we come!


View Profile WWW
June 01, 2021, 12:57:44 AM
 #21

when the word crash is used in the market, you can visually imagine how the chart looks because a red candle dropping sharply is really really bad. and that makes weak hands panic. it's going to make things worse but it's a bit of a fud for some. we are accepting it that way though besides it's more understood when we use the word crash than correction or a dip. it falls on how you interpret the price movement.









▄▄████████▄▄
▄▄████████████████▄▄
▄██
████████████████████▄
▄███
██████████████████████▄
▄████
███████████████████████▄
███████████████████████▄
█████████████████▄███████
████████████████▄███████▀
██████████▄▄███▄██████▀
████████▄████▄█████▀▀
██████▄██████████▀
███▄▄█████
███████▄
██▄██████████████
░▄██████████████▀
▄█████████████▀
████████████
███████████▀
███████▀▀
.
▄▄███████▄▄
▄███████████████▄
▄███████████████████▄
▄██████████
███████████
▄███████████████████████▄
█████████████████████████
█████████████████████████
█████████████████████████
▀█
██████████████████████▀
▀██
███████████████████▀
▀███████████████████▀
▀█████████
██████▀
▀▀███████▀▀
.
 ElonCoin.org 
.
████████▄▄███████▄▄
███████▄████████████▌
██████▐██▀███████▀▀██
███████████████████▐█▌
████▄▄▄▄▄▄▄▄▄▄██▄▄▄▄▄
███▐███▀▄█▄█▀▀█▄█▄▀
███████████████████
█████████████▄████
█████████▀░▄▄▄▄▄
███████▄█▄░▀█▄▄░▀
███▄██▄▀███▄█████▄▀
▄██████▄▀███████▀
████████▄▀████▀
█████▄▄
.
"I could either watch it
happen or be a part of it"
▬▬▬▬▬
1714786021
Hero Member
*
Offline Offline

Posts: 1714786021

View Profile Personal Message (Offline)

Ignore
1714786021
Reply with quote  #2

1714786021
Report to moderator
Remember that Bitcoin is still beta software. Don't put all of your money into BTC!
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Darker45
Legendary
*
Offline Offline

Activity: 2576
Merit: 1857


🙏🏼Padayon...🙏


View Profile
June 01, 2021, 01:16:02 AM
 #22

At first, the term crash also sounded too exaggerated for me to just refer to a correction or even a normal price decrease, only a little bit worse than other days. Crash kind of sends a feeling that the market or Bitcoin has already crumbled down, which is really not the case in reality. Such description tends to create a FUD.

However, isn't it interesting that Bitcoin is already crashing at $35,000 or $40,000? That's a sweet crash. Perhaps the Bitcoin market has somehow redefined the meaning.

.BEST..CHANGE.███████████████
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
███████████████
..BUY/ SELL CRYPTO..
yazher
Hero Member
*****
Offline Offline

Activity: 2184
Merit: 585


You own the pen


View Profile
June 01, 2021, 02:53:17 AM
 #23

It's more like a custom term already and people have been using that for more than 10 years right now. they already adopted that word and other terms that have been used in the crypto industry. People should know how to consider using words when they talking about any other subject because words that used in other cases are not the same when you are here in this industry. more on like they create some words to make more specific when they're talking about the current situation of the market. Nevertheless, words like this one cannot be changed any more since they've been using it for quite some time already.

.freebitcoin.       ▄▄▄█▀▀██▄▄▄
   ▄▄██████▄▄█  █▀▀█▄▄
  ███  █▀▀███████▄▄██▀
   ▀▀▀██▄▄█  ████▀▀  ▄██
▄███▄▄  ▀▀▀▀▀▀▀  ▄▄██████
██▀▀█████▄     ▄██▀█ ▀▀██
██▄▄███▀▀██   ███▀ ▄▄  ▀█
███████▄▄███ ███▄▄ ▀▀▄  █
██▀▀████████ █████  █▀▄██
 █▄▄████████ █████   ███
  ▀████  ███ ████▄▄███▀
     ▀▀████   ████▀▀
BITCOIN
DICE
EVENT
BETTING
WIN A LAMBO !

.
            ▄▄▄▄▄▄▄▄▄▄███████████▄▄▄▄▄
▄▄▄▄▄██████████████████████████████████▄▄▄▄
▀██████████████████████████████████████████████▄▄▄
▄▄████▄█████▄████████████████████████████▄█████▄████▄▄
▀████████▀▀▀████████████████████████████████▀▀▀██████████▄
  ▀▀▀████▄▄▄███████████████████████████████▄▄▄██████████
       ▀█████▀  ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  ▀█████▀▀▀▀▀▀▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.PLAY NOW.
Wiwo
Hero Member
*****
Offline Offline

Activity: 1050
Merit: 675


View Profile WWW
September 08, 2021, 08:41:11 PM
 #24

I don't think there is a way about this, once a price of a commodity dropped rapidly on the stock market it is often referred to as a market crash, even gold and US dollars are also addressed with the same statement when their loss in their market price.
wack slacker
Full Member
***
Offline Offline

Activity: 966
Merit: 102


View Profile
September 09, 2021, 07:42:21 AM
 #25

Why not use the word REKT (it's the same as WRECK).
Although REKT implies deep discounts of up to 50% or greater, I like the way it is pronounced succinctly and shows depth. An extremely powerful word for a big loss.
Every time Bitcoin drops in price, it is also an opportunity to buy in and enjoy short-term profits.
Sanugarid
Full Member
***
Offline Offline

Activity: 1442
Merit: 153


★Bitvest.io★ Play Plinko or Invest!


View Profile
September 09, 2021, 11:56:07 AM
 #26

If you have friends who are yet to accept BTC, the way they talk about BTC when ever there is a dip will make you think that BTC project has ended.
They will be like, "I heard BTC has crashed"
To me the word "crash" means and sounds like a total or woeful failure.

If the market is on the negative side(losses) there should be some other friendly words to calm the situation to lay man, rather than using the word "crash" which seems like a perpetual exaggeration or failure.

For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.

I think the term "crash" refers to the massive drop in BTC price from its original price and the word " losses" refers to the traders/holder losses while holding a specific coin such as BTC. Don't take the word crashed negatively because it really happens even in the stock market.

AicecreaME
Sr. Member
****
Offline Offline

Activity: 2338
Merit: 454


View Profile
September 09, 2021, 12:35:09 PM
 #27

If you have friends who are yet to accept BTC, the way they talk about BTC when ever there is a dip will make you think that BTC project has ended.
They will be like, "I heard BTC has crashed"
To me the word "crash" means and sounds like a total or woeful failure.

If the market is on the negative side(losses) there should be some other friendly words to calm the situation to lay man, rather than using the word "crash" which seems like a perpetual exaggeration or failure.

For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.

It's really subjective. We have different perspectives in viewing something and for instance, this word crash seems awful to you but totally normal to others. The word crash is often used in other forms of investments and not only in crypto. The crash is also used by the investors and traders in the stock market. It is also used by the managers of a company to describe the sudden price drop of something like sales in the business industry. In our community, the crash is associated with the downward movement or trend of coins' value in the market. This is also called or referred to as correction of the majority because a crash doesn't totally mean that the coin won't be able to bounce back. It would regain its position and increase again over some time. It's just that there are some factors that have impacted its trend and caused it to go down but eventually will climb up again. After all, crypto is volatile. We must always expect up and down trends.
buwaytress
Legendary
*
Offline Offline

Activity: 2800
Merit: 3443


Join the world-leading crypto sportsbook NOW!


View Profile
September 09, 2021, 12:50:25 PM
 #28

Why not use the word REKT (it's the same as WRECK).
Although REKT implies deep discounts of up to 50% or greater, I like the way it is pronounced succinctly and shows depth. An extremely powerful word for a big loss.
Every time Bitcoin drops in price, it is also an opportunity to buy in and enjoy short-term profits.

Really? Not so well-versed in crypto chad lingo (if I am even permitted to use that term haha) but I always assumed REKT was the equivalent of getting totalled. As in, absolute liquidation. Only guys I can imagine getting completely wrecked would be futures traders going long at over 10:1 leverage. That dip would have wiped them out in a blink, even with stop loss I imagine.

So yeah, if this relatively small dip Rekt'd you, well, can't say you shouldn't have known, hm?

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
Venik
Newbie
*
Offline Offline

Activity: 89
Merit: 0


View Profile
September 09, 2021, 12:56:16 PM
 #29

It's a normal word. It crushed from the last high price it hitted. But it doesn't mean that it's "dying" or will go only down with time. Don't put too much sense in this word.
ipanks
Hero Member
*****
Offline Offline

Activity: 1610
Merit: 507



View Profile
September 09, 2021, 01:04:28 PM
 #30

I do not use the word "crash" when BTC price is down but I always use the word "correction" for BTC because correcting the price can gain more supports so, in the next few days, the price can back increase. The word "crash" seems to make them worry about their investment, so we need to know how to calm them down and always think positive about the current situation.

If we can always be bold about the "correction" every time BTC is down, they will not think seriously about that moment instead, they will think about buying more bitcoin.



████▄██████████▄
███▄████████████
▄███▀
████
████
████
▀███▄
███▀████████████
████▀██████████▀


▄██████████▄
████████████
███████████▀███▄
████████████████
████████████████
████████████████
▀███▄███████████
████████████████
████▀██████████▀


▄██▄█████████▄██▄
▀████▄█████▄████▀
▀████▄▄████▀
███████████
▄███▀█████▀███▄
█████████████████
█████████████████
█████████████████
▀███████████████▀


▄███████████████▄
█████████████████
████▀███▀██████▀
███████▄█████▀
████▄▄██████████▄
▀▀██████▀███████
▄██████▄███▄████
█████▀██████████
▀██▀███▀████████▀


████▄███████████
████████████████
▄███▀███████████
███████████████
██████████████
████████████████
███████████▄███▀
████████████
▀██████████▀
████████
██
██
██
██
██
██
██
██




██
██
██
██
██

██
██
██
████████
|
.
Listed
on
BINANCE
KUCOIN
Gate.io
|
Kong Hey Pakboy
Member
**
Offline Offline

Activity: 1120
Merit: 68


View Profile
September 09, 2021, 01:09:14 PM
 #31

Crashes is for the market and losses are for the individual if I am remembering correctly so they're used in a different context so I don't think that there's no need for substitution.

▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
PLINKO    |7| SLOTS     (+) ROULETTE    ▼ BIT SPINBITVESTPLAY or INVEST ║ ✔ Rainbot  ✔ Happy Hours  ✔ Faucet
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬ ★ ★ ★ ★ ★ ▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
DooMAD
Legendary
*
Offline Offline

Activity: 3780
Merit: 3104


Leave no FUD unchallenged


View Profile
September 09, 2021, 04:48:20 PM
 #32

It's really subjective. We have different perspectives in viewing something and for instance, this word crash seems awful to you but totally normal to others.

Pretty much sums it up.  I've been around since 2013, so price moves don't even register on my radar unless they're truly spectacular.  I definitely don't see the current situation as a "crash" and I'm not concerned in the slightest.  But I can see how it might be concerning for someone who only got involved more recently.  Maybe they're not used to this kind of volatility.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
so98nn
Hero Member
*****
Offline Offline

Activity: 2086
Merit: 603


View Profile
September 09, 2021, 05:46:32 PM
 #33

I am not sure why this much confusion with you but me and my friends are using this word all the time. Market has crashed, this is also used in the normal share market. I have never seen such mass confusion with single word because same has been used and applied in the movies too! whether they are hollywood or bollywood they also use the same word. The market crash word has been used in the movie "Wolf of wall street" and bollywood series "Scam: 1992" in Indian version.

This is why its not a confusion, rather its expression of the market and it's current state. Loss is like loosing the materialistic value from the whole trade. For example market loss means your money was taken away by other trader and did not come to you again. The crash is loosing the money temporarily but it returns once the market gains the money.
pealr12
Hero Member
*****
Offline Offline

Activity: 1946
Merit: 502


View Profile
September 09, 2021, 05:57:37 PM
 #34

When you say crash it portray the severity of the action more than using the word loss, it even sound more hars than the latter plus it is commonly use among crypto enthusiasts. People also use Dumping more than loss for the same reason.
Rruchi man
Legendary
*
Offline Offline

Activity: 1288
Merit: 1085


Bitcoin Casino Est. 2013


View Profile
September 10, 2021, 03:23:13 AM
 #35

If you have friends who are yet to accept BTC, the way they talk about BTC when ever there is a dip will make you think that BTC project has ended.
They will be like, "I heard BTC has crashed"
To me the word "crash" means and sounds like a total or woeful failure.

If the market is on the negative side(losses) there should be some other friendly words to calm the situation to lay man, rather than using the word "crash" which seems like a perpetual exaggeration or failure.


For every kind of business and investment, there are particular vocabularies that are associated with them. The word crash is used in cryptocurrency because it is the vocabulary that is used to describe a massive drop in value, just like you have other vocabularies like "bubble" "burst" etc. "Crash" only sounds like a total or woeful failure to you because of the normal meaning that you have associated with it.

███▄▀██▄▄
░░▄████▄▀████ ▄▄▄
░░████▄▄▄▄░░█▀▀
███ ██████▄▄▀█▌
░▄░░███▀████
░▐█░░███░██▄▄
░░▄▀░████▄▄▄▀█
░█░▄███▀████ ▐█
▀▄▄███▀▄██▄
░░▄██▌░░██▀
░▐█▀████ ▀██
░░█▌██████ ▀▀██▄
░░▀███
▄▄██▀▄███
▄▄▄████▀▄████▄░░
▀▀█░░▄▄▄▄████░░
▐█▀▄▄█████████
████▀███░░▄░
▄▄██░███░░█▌░
█▀▄▄▄████░▀▄░░
█▌████▀███▄░█░
▄██▄▀███▄▄▀
▀██░░▐██▄░░
██▀████▀█▌░
▄██▀▀██████▐█░░
███▀░░
terrorJR
Sr. Member
****
Offline Offline

Activity: 1302
Merit: 250



View Profile
September 10, 2021, 10:51:31 AM
 #36

because this crash covers the global whether it's small or large, it's still a crash.
it feels exaggerated and seems negative and a failure but it's okay to say that I think, even though I prefer to say it just as a correction to make it seem simpler and less affected by what happened.
and when ordinary people and beginners panic, it's another matter, they have to start learning the ins and outs of what's here, because what causes them to panic is buying at prices that are already too high and will definitely be surprised when there is a decline like this (my experience used to be like this) but over time everything feels more ordinary what new people need is calm and not rash in doing something.
I suggest maybe that if you don't like to say "crash" at least just say it's a "discount" given by the market Smiley.

███████████████████████████
██████████▀▀▄▄▄▄▄ ▄▀▀██████
█████████▄██████ ████ ▀████
██████▀▀ ▄▄▄▄ ▀▀███▀▄██ ███
████▀   ██████   ▀██████ ██
███ ▄▄▄████████▄▄▄ ██▄▄▄ ██
██ █████▀    ▀█████ ████ ██
██  ▀██        ███▀ ███ ███
██   ▄██▄    ▄██▄   █▀▄████
███ ▄████████████▄ ████████
████▄▀███▀▀▀▀███▀▄█████████
██████▄▄      ▄▄███████████
███████████████████████████
█▀▀▀











█▄▄▄
.
7 BTC  WELCOME BONUS!
▀▀▀█











▄▄▄█
████
██
██
██
██
██
██
██
██
██
██
██
████
█████████████████████████████████████████████████████████████████████████████████


████████████████████████▄▄▄█████▄▄▄██████████████████████████████████████████████
████▄█████▄█▄███▄█▄██████████▄██▀▀▀██████████████████████████████████████████████
████████▀████▄████▀██████████████████████████▄█████▄██▄█████▄████▄████▄████▄██
███████████▐█████▌███████████▄█████▀███▀▀████████▀▀▀▀█████▀▀▀██████▀▀███▀▀█████
████████▄████▀████▄██████████████████▄▄▄▄▄███▄▄▄▄█████▄▄▄██████████████████
██████████▀█▀███▀█▀██████████▀███████▀█████████▀█████▀██▀█████▀█████████████████
████████████████████████▀▀▀██████████████████████████████████████████████████████



█████████████████████████████████████████████████████████████████████████████████
████
██
██
██
██
██
██
██
██
██
██
██
████
█▀▀▀











█▄▄▄
.
30+  ALTCOINS AVAILABLE
▀▀▀█











▄▄▄█
███████████████████████████
████████▀▀  ▐█▌  ▀▀████████
██████▄     ▐█▌     ▄██████
████ ▀██▄▄███████▄▄██▀ ████
███    ██▀▀  ▄  ▀▀██    ███
██    ██   ▄███▄   ██    ██
████████  ███████  ████████
██    ██  ▀▀ █ ▀▀  ██    ██
███    ██▄▄ ▀▀▀ ▄▄██    ███
████ ▄██▀▀██████▀▀▀██▄ ████
██████▀     ▐█▌     ▀██████
████████▄▄  ▐█▌  ▄▄████████
███████████████████████████
kryptqnick
Legendary
*
Offline Offline

Activity: 3094
Merit: 1385


Join the world-leading crypto sportsbook NOW!


View Profile
September 10, 2021, 11:01:05 AM
 #37

If you have friends who are yet to accept BTC, the way they talk about BTC when ever there is a dip will make you think that BTC project has ended.
They will be like, "I heard BTC has crashed"
To me the word "crash" means and sounds like a total or woeful failure.

If the market is on the negative side(losses) there should be some other friendly words to calm the situation to lay man, rather than using the word "crash" which seems like a perpetual exaggeration or failure.

For instance, if a coin has a very good support at $5 and in the future rose to $20 and later on drops to dollar $15 gradually, it should not be called a crash.
It's a marketing move IMO. I remember how there was a brief moment when Bitcoin went from something like $55k to $45k, and my relative (who is a Bitcoin skeptic) said he read on Forbes (or a similar reputable source) that Bitcoin crashed massively and if I'm okay (since he knows I own some BTC). What he didn't know was that just a few months ago the price was below $20k, and now, after the allegedly devastating crash, it's $45k, so it's actually still a huge success. This works on people who are already cautious when it comes to Bitcoin, and more generally, news that invoke fear are more engaging than those which are trying to be neutral. Crash sounds more seriously than a decrease of the price, so that's the preferred term for media.

  ▄▄███████▄███████▄▄▄
 █████████████
▀▀▀▀▀▀████▄▄
███████████████
       ▀▀███▄
███████████████
          ▀███
 █████████████
             ███
███████████▀▀               ███
███                         ███
███                         ███
 ███                       ███
  ███▄                   ▄███
   ▀███▄▄             ▄▄███▀
     ▀▀████▄▄▄▄▄▄▄▄▄████▀▀
         ▀▀▀███████▀▀▀
░░░████▄▄▄▄
░▄▄░
▄▄███████▄▀█████▄▄
██▄████▌▐█▌█████▄██
████▀▄▄▄▌███░▄▄▄▀████
██████▄▄▄█▄▄▄██████
█░███████░▐█▌░███████░█
▀▀██▀░██░▐█▌░██░▀██▀▀
▄▄▄░█▀░█░██░▐█▌░██░█░▀█░▄▄▄
██▀░░░░▀██░▐█▌░██▀░░░░▀██
▀██
█████▄███▀▀██▀▀███▄███████▀
▀███████████████████████▀
▀▀▀▀███████████▀▀▀▀
▄▄██████▄▄
▀█▀
█  █▀█▀
  ▄█  ██  █▄  ▄
█ ▄█ █▀█▄▄█▀█ █▄ █
▀▄█ █ ███▄▄▄▄███ █ █▄▀
▀▀ █    ▄▄▄▄    █ ▀▀
   ██████   █
█     ▀▀     █
▀▄▀▄▀▄▀▄▀▄▀▄
▄ ██████▀▀██████ ▄
▄████████ ██ ████████▄
▀▀███████▄▄███████▀▀
▀▀▀████████▀▀▀
█████████████LEADING CRYPTO SPORTSBOOK & CASINO█████████████
MULTI
CURRENCY
1500+
CASINO GAMES
CRYPTO EXCLUSIVE
CLUBHOUSE
FAST & SECURE
PAYMENTS
.
..PLAY NOW!..
wack slacker
Full Member
***
Offline Offline

Activity: 966
Merit: 102


View Profile
September 10, 2021, 11:23:04 AM
 #38

Why not use the word REKT (it's the same as WRECK).
Although REKT implies deep discounts of up to 50% or greater, I like the way it is pronounced succinctly and shows depth. An extremely powerful word for a big loss.
Every time Bitcoin drops in price, it is also an opportunity to buy in and enjoy short-term profits.

Really? Not so well-versed in crypto chad lingo (if I am even permitted to use that term haha) but I always assumed REKT was the equivalent of getting totalled. As in, absolute liquidation. Only guys I can imagine getting completely wrecked would be futures traders going long at over 10:1 leverage. That dip would have wiped them out in a blink, even with stop loss I imagine.

So yeah, if this relatively small dip Rekt'd you, well, can't say you shouldn't have known, hm?

I suppose Bitcoin can use REKT. Bitcoin still often falls deeply in price in a short time and causes other cryptocurrencies to fall several deeper drops. The word REKT, in my opinion, is for the whole market whenever Bitcoin falls sharply and deeply.
DooMAD
Legendary
*
Offline Offline

Activity: 3780
Merit: 3104


Leave no FUD unchallenged


View Profile
September 10, 2021, 01:10:27 PM
 #39

Why not use the word REKT (it's the same as WRECK).
Although REKT implies deep discounts of up to 50% or greater, I like the way it is pronounced succinctly and shows depth. An extremely powerful word for a big loss.
Every time Bitcoin drops in price, it is also an opportunity to buy in and enjoy short-term profits.

Really? Not so well-versed in crypto chad lingo (if I am even permitted to use that term haha) but I always assumed REKT was the equivalent of getting totalled. As in, absolute liquidation. Only guys I can imagine getting completely wrecked would be futures traders going long at over 10:1 leverage. That dip would have wiped them out in a blink, even with stop loss I imagine.

So yeah, if this relatively small dip Rekt'd you, well, can't say you shouldn't have known, hm?

I suppose Bitcoin can use REKT. Bitcoin still often falls deeply in price in a short time and causes other cryptocurrencies to fall several deeper drops. The word REKT, in my opinion, is for the whole market whenever Bitcoin falls sharply and deeply.

Regardless of how you choose to definite it, somehow I can't see traditional media or institutional investors using such parlance.  It just adds an additional layer of obscurity to something that's already difficult enough for outsiders to comprehend.  Seems like a bad idea all round.

.
.HUGE.
▄██████████▄▄
▄█████████████████▄
▄█████████████████████▄
▄███████████████████████▄
▄█████████████████████████▄
███████▌██▌▐██▐██▐████▄███
████▐██▐████▌██▌██▌██▌██
█████▀███▀███▀▐██▐██▐█████

▀█████████████████████████▀

▀███████████████████████▀

▀█████████████████████▀

▀█████████████████▀

▀██████████▀▀
█▀▀▀▀











█▄▄▄▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
.
CASINSPORTSBOOK
▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄
▀▀▀▀█











▄▄▄▄█
jakdanyel
Sr. Member
****
Offline Offline

Activity: 1638
Merit: 304


kycfree


View Profile
September 10, 2021, 01:26:53 PM
 #40

I agree with the main topic until some point. Not all of the decreases in the price can be called as crash. However, I think that the recent dump in Bitcoin price can be called like that. Because it happened in a very short time period like half an hour and it fell by $10k also. "Crash" word might even be not enough to define this. But I agree that a gradual decrease in time is not a crash.

▄▄███████████████████▄▄
▄██████████████████████▄
███████████▀▌▄▀██████████
███████▄▄███████▄▄███████
██████▄███▀▀██▀██████████
█████████▌█████████▌█████
█████████▌█████████▌█████
██████████▄███▄███▀██████
████████████████▀▀███████
███████████▀▀▀███████████
█████████████████████████
▀█████▀▀████████████████▀
▀▀███████████████████▀▀
Peach
BTC bitcoin
Buy and Sell
Bitcoin P2P
.
.
▄▄███████▄▄
▄████████
██████▄
▄██
█████████████████▄
▄███████
██████████████▄
███████████████████████
█████████████████████████
████████████████████████
█████████████████████████
▀███████████████████████▀
▀█████████████████████▀
▀██████████████████▀
▀███████████████▀
▀▀███████▀▀

▀▀▀▀███▀▀▀▀
Available in
EUROPE | AFRICA
LATIN AMERICA
▄▀▀▀











▀▄▄▄


███████▄█
███████▀
██▄▄▄▄▄░▄▄▄▄▄
████████████▀
▐███████████▌
▐███████████▌
████████████▄
██████████████
███▀███▀▀███▀
.
Download on the
App Store
▀▀▀▄











▄▄▄▀
▄▀▀▀











▀▄▄▄


▄██▄
██████▄
█████████▄
████████████▄
███████████████
████████████▀
█████████▀
██████▀
▀██▀
.
GET IT ON
Google Play
▀▀▀▄











▄▄▄▀
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!