Opt out of vibeland

[BlackHatCoiner]

The past Friday marks the biggest crypto crash recorded in history, with more than $19 billion liquidated, reportedly. But, that's only the surface. Over $2 trillion were wiped out of the US market, because Trump tweeted that he thinks China is becoming very hostile by banning exports of rare earths, and that a 100% tariff is likely to be imposed.

Then, it turned out he misread Xi's statement. Xi clarified that the new controls on rare earths are not an "export ban", but an "export control", and they can settle a trade deal soon. Trump confirmed this.

More than $2 trillion were lost because of a moronic misunderstanding, in the best case, or a sophisticated market manipulation in the worst case.

This is what backs fiat; vibes. The global economy is a circus run on vibes.

Bitcoin watched the bloodshed and did nothing. It stayed silent, methodically producing a new block every ten minutes-- like a psychopath.

Buy bitcoin and opt out of vibeland.

[Ambatman]

Buy bitcoin and opt out of vibeland.

And option out of leverage.
Despite the huge dip. The losses majorly came from leverage traders
And those holding Bitcoin itself lost around 10% on USD value but no Sats were lost.

More than $2 trillion were lost because of a moronic misunderstanding, in the best case, or a sophisticated market manipulation in the worst case.

It wasn't a misunderstanding. It was obvious market manipulation.
It's saddening that people would sell their Bitcoin over news on tariff
Something that doesn't directly affect Bitcoin.

[Cryptomultiplier]

The past Friday marks the biggest crypto crash recorded in history, with more than $19 billion liquidated, reportedly. But, that's only the surface. Over $2 trillion were wiped out of the US market, because Trump tweeted that he thinks China is becoming very hostile by banning exports of rare earths, and that a 100% tariff is likely to be imposed.

Then, it turned out he misread Xi's statement. Xi clarified that the new controls on rare earths are not an "export ban", but an "export control", and they can settle a trade deal soon. Trump confirmed this.

More than $2 trillion were lost because of a moronic misunderstanding, in the best case, or a sophisticated market manipulation in the worst case.

This is what backs fiat; vibes. The global economy is a circus run on vibes.

Bitcoin watched the bloodshed and did nothing. It stayed silent, methodically producing a new block every ten minutes-- like a psychopath.

Buy bitcoin and opt out of vibeland.

I would take the proper advice and buy Bitcoin anytime and any day because I have seen how effective it is in wealth accumulation, but my biggest issue is that speculations such as the statement made by Donald Trump may affect the returns, even though I know in a decades time he will not be president, another president or person of influence may just affect the returns with speculative statement during the time that an investor may intend to diversify or withdraw their investment.

[Hazink]

The stock market was deeply affected more than the crypto market suffered, but Bitcoin did not swat down and did nothing. We saw it climb down gradually to $102k and back to above $112k, which was one of the fastest drops and picks I have ever seen performed by Bitcoin under a few hours.

​No doubt the Trump administration is gradually turning the market into a playground for both crypto and the stock market are not safe at all. No safe heaven. Bitcoin still reacts deeply to its economic policies, but it's better than drawing and getting stock with a policy which it will be hard to pull back, buy Bitcoin but don't go all in.

[bogdanb]

The events of last Friday have taken us all by upset. A simple tweet has caused the market to go into a state of turmoil. When global markets are shaken by the comments of leaders, media drama or political drama, bitcoin stands as the only alternative. Trust in a real and reliable system not an economy of vibes and Bitcoin is that alternative.

[BIT-BENDER]

More than $2 trillion were lost because of a moronic misunderstanding, in the best case, or a sophisticated market manipulation in the worst case.

.
It could be a sophisticated market manipulation and after they have reached their target then they claim it is a case of pure misunderstanding. I don't think the president works alone and if he wants to interpret anything he will likely join heads with his trusted circle.
What ever the case may be it had a very strong effect on the market and in people's life.

[Way of a writer]

If trump misread is a thing i understand but he isn't the only one doing the reading because there are smart readers around him too, I believe what he saw was an opportunity, he misread nothing.

As we can see, it works on you, if there is ever going to be a blame it will look like he misread the whole thing, lol that old man is a very cunning one.

[Mrbluntzy]

Bitcoin watched the bloodshed and did nothing. It stayed silent, methodically producing a new block every ten minutes-- like a psychopath.

Buy bitcoin and opt out of vibeland.

Bitcoin gave many investors an unrealized loss, while some investors too took home with realized losses. Those that had bought Bitcoin at $125k saw an unrealized lose of $23k as the price of Bitcoin dipped to $102k [lucky they didn't sell], while some investors, out of fear and uncertainty, sold off and had the realized losses, that is why it kept producing new blocks. Though many people too who could not hold to their stocks as the value keeps dropping, they sold at lose and used the opportunity opt out of vibeland and bought Bitcoin when the price dip too.

I'm already off vibeland, buying every dip on bitcoin is one good thing I have always do with my money this year.

[coinlary]

Wasn't  any misunderstanding from my view too, that was a clear manipulation to take out longs and asif that Wasn't  enough  the spike, was a fake out  from 110k  which liquidated a  new set of shorts  and they call it a result of misunderstanding.
lol! It just have to be pinned on something  right

[AVE5]

Then, it turned out he misread Xi's statement. Xi clarified that the new controls on rare earths are not an "export ban", but an "export control", and they can settle a trade deal soon. Trump confirmed this.

More than $2 trillion were lost because of a moronic misunderstanding, in the best case, or a sophisticated market manipulation in the worst case.

I  look at this in a picture where certain users holding bitcoins would just pullout their funds from bitcoin for mere indirect influence that common news news have over the space.
According to market history this very Dip liquidation created it historical record. So we can also expect a vice phase of historical records because I'm seeing those who sold at Fomo buying back their bitcoin regrettably. Whalers would want to take their positions back and institutions companies are still proposing to buy more while new companies venting to buy the ETF.
It really a sorry for those who are think the macroeconomy literally have direct influence of regulating bitcoin volatility. And a lot of users are vulnerable to be psychologically disturbed driving the volatility by themselves and say the market is manipulated by the rules of the macroeconomy.

[coolcoinz]

The past Friday marks the biggest crypto crash recorded in history, with more than $19 billion liquidated

That's the important part LIQUIDATED. To get liquidated you need an open long position, so you have to be gambling.

As the saying goes: play stupid games, win stupid prizes.

This is what backs fiat; vibes. The global economy is a circus run on vibes.

The economy and the market are two different things. Did export/import of goods to the US from China stop when Trump tweeted? No. So the economy was unaffected.
What was affected was human psychology. The psychology of the market.
Gold is a part of the economy, but were gold holders affected by this? Gold made a new high while these gamblers were getting liquidated.
I held my bitcoin offline and I barely felt anything. Just a bit of frustration when I read about that insider who made millions shorting bitcoin minutes before the tweet. 

[Zaguru12]

More than $2 trillion were lost because of a moronic misunderstanding, in the best case, or a sophisticated market manipulation in the worst case.

This is what backs fiat; vibes. The global economy is a circus run on vibes.

Bitcoin watched the bloodshed and did nothing. It stayed silent, methodically producing a new block every ten minutes-- like a psychopath.

Buy bitcoin and opt out of vibeland.

I wouldn’t even call this misunderstanding in my opinion and I will actually call this an excessive expression of power from Trump, he acts too authoritative and that’s why he takes decisions like this or thinks he can call anyone to order. If I recall correctly he was supposed to meet with president XI before he made that announcement, I think he would have actually proceeded with the meeting and asked about the ban instead of going ahead to make this reckless announcement,

Nonetheless this actually again warn people or should I say traders that using high leverage for trading without using stop loss most especially on those shit coins is simply gambling and nothing more than that. No matter the market condition someone holding spot cannot get liquidated.

So the warning/advice is to stay away from leverage most especially very high leverage or better off apply risk management entire engaging in them, the market will forever remain unpredictable

[Z-tight]

Bitcoin watched the bloodshed and did nothing. It stayed silent, methodically producing a new block every ten minutes-- like a psychopath.

Buy bitcoin and opt out of vibeland.

BTC took a dip as well, it is not something we hadn't seen before. And i am sure other than the futures traders who were liquidated, there would also be weak hands who sold their BTC's they were holding. So it is not about just buying BTC, but buy it and don't take too much risks with it through leverage and risky trading, and also develop a stronger hand so not to be moved by a fall in price.

[Hatchy]

Buy bitcoin and opt out of vibeland.

The recent happenings in the market, caused alot of havoc. It was recorded to be the biggest liquidation in history in less than an hour. Many crypto traders had it going well but in a blink, everything turned side ways. We can't obviously call that a misunderstanding, it was all manipulated. And we know the  face behind all these. Same time last week, We heard about the insider who short billions in dollars against bitcoin and at the same exact moment the market dumped. They are already beginning to manipulate the market for their own bags. They don't care how many people gets hurt along the way. Bitcoin was affected alot, even if we are still up and running, we know what is happening. They are beginning to manipulate the price at will..

[Ultegra134]

It wasn't a misunderstanding. It was obvious market manipulation.
It's saddening that people would sell their Bitcoin over news on tariff
Something that doesn't directly affect Bitcoin.

Well, the markets, even cryptocurrency markets are affected by global politics. Let me also point out that this isn't the first time we had a price crash due newly imposed tariffs by Trump towards literally every other country. With that being said, whether it's market manipulation or not, it isn't surprising that Bitcoin was affected. Investors are opportunists, perhaps they sold before the price crashed in order to repurchase after the market has dipped. I'm having a hard time believing that someone was actually worried and sold, they're simply taking advantage of the market movements.