The falling of "stablecoins"

Discussion in 'Crypto Assets' started by guest_trader_1, May 16, 2022.

  1. upload_2022-5-16_17-42-34.png
     
    jys78 likes this.
  2. xandman

    xandman

    Crypto contagion. You will never find a more beautiful collection of weak hands and fools without the purview of the SEC. Beats penny stock scams by a mile. Manipulators are going to be stinking rich. That's the only reason why you see Hedgies joining the pump.
     
    Last edited: May 16, 2022
    jys78 likes this.
  3. Pekelo

    Pekelo

     
    jys78 and TrailerParkTed like this.
  4. Right some of these BS stablecoins need to go (and will)

    Also, this literally begs for government regulation on stable coins. I for one hope we get sensible regulations sooner rather than later.

    BUUUTT letting this stop you from buying Bitcoin is a huge mistake.

    Also Pekelo has been bearish on Bitcoin since literally $1 soooooooo
     
    johnarb and NoahA like this.
  5. blink18

    blink18

    Are you saying that +20% APY without risk, was just a dream?
     
    jys78 likes this.
  6. SunTrader

    SunTrader

    Let the fools and their money be parted.

    Why must we have a nanny gubmint for everything. That's how we got too big too fail.
     
  7. RedDuke

    RedDuke

    If I knew about BTC back then, I would have bought few hundreds just for fun. But current levels are a fake created by fake stable coins. We need BS to leave the system, then we will know the actual worth of digital assets.
     
  8. zdreg

    zdreg

    Pekelo has just received his 15 minutes of fame. Incredible.
     
  9. Right, I know you think this. I have no idea where the bottom is, but neither do you. You run the risk of missing this (again) and you really aren't going to buy at $100,000 right?

    Maybe you should just buy a bit now in case you are wrong
     
    johnarb likes this.
  10. RedDuke

    RedDuke

    exactly. No idea where the bottom is, that is why I patiently waited for Ether to fall below 2k, and then bought some. My mindset is different, I never chase investments, if I miss so be it no big deal.
     
    #10     May 16, 2022
    LuckyMac and GlobalMacro90 like this.