Holy shit! What a massacre! Frankly, I don't remember anything like that happening during a bull season.
So, the paperhand japs are selling because their markets are f*cked, billionaires want a final squeeze and cheap coins?
I. Need. Hopium.
So, the paperhand japs are selling because their markets are f*cked, billionaires want a final squeeze and cheap coins?
I. Need. Hopium.
It's all good, don't worry. This is just another Covid crash scenario, wait till you see the price in a years time, you'll be planning which island to buy.
The problem is that at exactly times like these bitcoin should be doing the exact opposite, going up. That's what it was made for, and not just some speculative risk off vehicle.
I don't think it "should" be doing anything other than what it does. And it was made to be a decentralized ledger with a fixed supply which no single party can control, that's it. Despite the recent crash it is doing that just fine.
I think for it to be a safe haven the market cap has to be a hell of a lot higher than it is now.
