BITCOIN IS DEAD! PoW FAILURE! ENERGY COLLAPSE!

[NotATether]

Bitcoin Falls to $19k as Federal Reserve Announces 75 BPS Rate Hike

Thanks for the free sats. 

[AGD]

Bitcoin Falls to $19k as Federal Reserve Announces 75 BPS Rate Hike

Following a two-day Federal Open Markets Committee (FOMC) meeting, the Federal Reserve has risen its benchmark interest rate by another 75 BPS.

Bitcoin’s price reacted erratically to the news, dropping by $1000 mere moments after the announcement.

The hike, revealed at 18:00 UST on Wednesday, takes the central bank’s new policy rate up between 3.0% to 3.5%.
Most investors expected a 75-point rise heading into the meeting, but markets had priced in a roughly 15% chance of a full percentage point rate increase.
Merely 1 minute after the announcement, Bitcoin fell from roughly $19,700 to $18,700. It’s since recovered to about $18,946, at the time of writing.
Volatility following a Federal Reserve decision is familiar territory for Bitcoin. The price fluctuated rapidly after Fed Chairman Jerome Powell’s speech at Jackson Hole last month, where he reiterated his commitment to addressing inflation.
Reducing inflation has been the theme of Fed policy for months, as inflation has marked historic highs throughout 2022. August CPI came in at 8.3% last week – higher than analysts were expecting.
Tightening monetary policy has caused both stocks and crypto to plummet throughout the year. Bitcoin is now 70% down from its November high of $69,000, while the NASDAQ is down 28% year to date.

https://cryptopotato.com/bitcoin-falls-to-19k-as-federal-reserve-announces-75-bps-rate-hike/

When a 1000$ drop means for you Bitcoin is dead, does a 1000$ raise mean that Bitcoin will never die?

[Bitcoin SV]

Hey dorks, are you still believe in bitcoin? How can you rejoice during an energetic collapse?

[AGD]

Hey dorks, are you still believe in bitcoin? How can you rejoice during an energetic collapse?

Hey idiot. You are now on my ignore list.

[Bitcoin SV]

Hey dorks, are you still believe in bitcoin? How can you rejoice during an energetic collapse?

Hey idiot. You are now on my ignore list.

Ok, add me to ignore list.

But problem is not solved. Bitcoin is dying on PoW due to the energy crisis of the world

[Bitcoin SV]

MUAHAHAHAHAHAH

Bitcoin is fell to 16k $.      5k $ will be soon


BITCOIN IS DEAD


Thank you FTX & energy crisis

[NeuroticFish]

MUAHAHAHAHAHAH

Bitcoin SV is fell to 40$.      5$ will be soon


BITCOIN SV IS DEAD

Fixed that for you. Kept your spelling mistakes.

[Bitcoin SV]

Yo're all laughed at CSW and called a liar

But in fact Sam-Bankman Fried turned out to be a liar  whom you all btctards loved so much

All your balances at FTX returned back to FTX's main sponsor - democratic party, to support the war with Russia

[MrMik]

Yo're all laughed at CSW and called a liar

But in fact Sam-Bankman Fried turned out to be a liar  whom you all btctards loved so much

All your balances at FTX returned back to FTX's main sponsor - democratic party, to support the war with Russia

Most amusing!

Thanks for putting yourself in this troll box, easy to avoid that way! 

[Bitcoin SV]

BTC will be 5000$ to the end of 2022

The END

[MrMik]

BTC will be 5000$ to the end of 2022

The END

That would be nice! It would fill many of my resting orders.

[laurenB7742]

BTC will be 5000$ to the end of 2022

The END

Wow, I wish what you said would happen because I really hope it will. In the past, I missed the opportunity to own it before when the bitcoin price was only 1k$ per bitcoin. That's the thing that I regret the most until now, and I believe a lot of people are like me.
I'm looking forward to the bear season to last and the bitcoin price is dropping as profoundly as possible so I can buy them as much as I want cheaply because I can assure you that bitcoin will rise again in the future and I bet you 100% it will happen.

[pixie85]

Yo're all laughed at CSW and called a liar

But in fact Sam-Bankman Fried turned out to be a liar  whom you all btctards loved so much

All your balances at FTX returned back to FTX's main sponsor - democratic party, to support the war with Russia

Most bitcoiners never used FTX. It was popular among traders because Sam offered very low fees to get them to deposit on his exchanges and allow themselves to be scamed. FTX was a scam from the beginning, but the loss was really much smaller than Sam and the media portray. He never had all these billions of dollars. The valuation of his company was largely based on the market cap of their illiquid tokens that they could never sell at these prices.

As much as you'd like this to be a big thing, it's not. Novogratz and Black Rock and all these companies lost a lot of money investing in Sam's scheme but they were never interested in bitcoin. They thought Sam could turn their dollars into more dollars but Sam bought himself houses and boats instead and gambled away the rest.

Come back in 2024. I bet you a $100 that "dead" bitcoin will be priced higher than 16k. You talk like it's a bet you can't lose, so free money for you.

[DooMAD]

Bitcoin is fell to 16k $.      5k $ will be soon

Your worthless forkcoin wishes it could see $5k.   

Jealousy is an ugly emotion.  You should work on that.  Clearly you've come to terms with the reality that your coin will never amount to anything, so all you have left is envy.  Aren't you just tragic. 

[Party24*7]

MUAHAHAHAHAHAH

Bitcoin is fell to 16k $.      5k $ will be soon


BITCOIN IS DEAD


Thank you FTX & energy crisis

Bitcoin is dead? do you understand the meaning of the word dead?. I don't think you're stupid enough not to know the difference between death and decline. Do you have a way to help bitcoin drop to 5k$, if possible I will give you 20k$ because I am expecting bitcoin to drop to 10k so i can buy more but if it drops to 5k I will be even happier.

[NotATether]

Bitcoin is dead? do you understand the meaning of the word dead?. I don't think you're stupid enough not to know the difference between death and decline. Do you have a way to help bitcoin drop to 5k$, if possible I will give you 20k$ because I am expecting bitcoin to drop to 10k so i can buy more but if it drops to 5k I will be even happier.

I suggest not to waste time arguing with deranged morons.

I'm still waiting for that eternal winter that was supposed to induce governments to ban all Proof of Work mining though.   

[Bitcoin SV]

BTC is dead. Don't you see?



BTC reminds me of a heavy slow cart with shit. There hasn't been any development lately. Only bugs everywhere

[minairia3]

BTC is dead. Don't you see?



BTC reminds me of a heavy slow cart with shit. There hasn't been any development lately. Only bugs everywhere

I'm seeing it clearly, it's true that bitcoin is dying. Bitcoin is dying at 16k, and I am waiting for the bitcoin bubble to burst at 200k in 2024. I hope you will still be alive until then to see the bitcoin bubble burst at 200k .