No, I am explaining fundamentals to you. That there is no such a thing with cryptos, and a few thousand geeks can't keep up the price by holding when the masses are dumping. Any kind of fundamental justification for the high price is and was BS.
Yep 10,000 sliced... Again I hope no one is bitching over this miniscule drop....they say even after this drop most of the top cryptocurrencies are still up thousands of percent!!!! Despite losing about a quarter of their values in the past 48 hours, top digital coins like bitcoin, ethereum and ripple were still up in the past 12 months 1,000 percent, 8,500 percent, and 13,000 percent, respectively, making for relatively high entry points for new investors.
Where are all those cryptocurrency bulls saying buy? They were gladly buying at 12000-14000 and even 18000....I guess it has to be a great buy now since it's going to $100,000 and a million, right?
I don't care about (alledged) fundamentals... I think it is stupid to consider them for trading... So I don't care about your clueless explanation... If you were so sure about them, you should've shorted at 20.000 all in and made a shit load of money... Money talks, BS walks... Agree... Just like any of your justifications for the current or low prices as well...
How GBTC is holding up that HIGH is beyond me....they thing should be well under $800!!!!!!!!! 1,454.00 USD −282.00 (16.24%) Jan 17, 10:22 AM EST ·
What I posted two weeks ago became reality, or rather a nightmare. The 14k level is in reality almost a 9k level, widening the damage by billions. Billions lost by greedy people.
So let me ask...does anyone own any Bitcoin, litecoin or ethereum at coinbase and if so and you did sell how easy is it to wire money back to your bank? Is it a process, does it cost a certain amount of money...I know it has taken years for brokers to streamline the simplicity of account funding when it comes to stocks...today I can simply put money into my stock trading account within mins and take out but how is it at coinbase? Anyone have an account there?
When the prices skyrocketed many would react, but now situation is different... Nobody likes to be a loser.
Billions and billions....hundreds of billions....the cryptocurrency market cap was north of $700 billion....... Speaking of greedy there's lots of greedy people in stocks now... everyone holding onto gains as if stocks go up forever...then when the bottom falls out and the drop comes they realize then they should have sold.....