Bitcoin dips to $52,000

[Night_Owl]

Finally found out what caused it:

Bitcoin plunges to $52,000 as $7.6 billion in crypto long positions liquidated

$7.6 billion worth-of crypto long positions liquidated over the past hour as bitcoin's price plunged to $52,000, data from bybt.com shows.

www.theblockcrypto.com

It's already going back up though.

It was a good opportunity to buy the dip.

 

[Perrin Aybara]

Didn't see you already posted it. I posted something similar in the all time high thread.

You can see the info on it here:

https://www.bybt.com/LiquidationData

 

[Night_Owl]

Didn't see you already posted it. I posted something similar in the all time high thread.

You can see the info on it here:

https://www.bybt.com/LiquidationData

Very interesting, thanks man!

 

[SkankHunt]

Buy the dip! To the moon!

 

[Night_Owl]

@SkankHunt

 

[Big_paul]

I first bought bitcoin in 2013 for around $200. In a few months it dropped to $50. I kept what I had out of curiosity. I sold last month. I held 5 and change.

Fortunes to be made and to be lost. Yellen and a repeat of the 1933 executive order 6102 are a concern. I will sit out the next 6 months.If there is a threat to the dollar, bitcoin will lose.

 

[Millard]

I sold last month. I held 5 and change.

Congratulations, Paul!

 

[Perrin Aybara]

What a douche. They're probably gonna load up on the dip they just caused.

 

[Silentlemon1011]

View attachment 146685

What a douche. They're probably gonna load up on the dip they just caused.

Hes been fucking around with crypto for fun.
It's hilarious, but hes a troll for sure

 

[Perrin Aybara]

Hes been fucking around with crypto for fun.
It's hilarious, but hes a troll for sure

He's holding massive bags, so maybe he's got a plan. Their holdings just dropped tens of millions just now.

 

[dokdonia]

Probably the typical market manipulation from whales and big players taking advantage of an "influencers" words. Weak hands fold and the strong hands accumulate. Rinse. Repeat. 'Tis the circle of life with bitcoin.

 

[dokdonia]

This doesn't seem organic or genuine. Wonder if someone got to him or he's pulling another pump and dump scam like he did with DOGE. Just a few weeks ago he was agreeing with Dorsey on btc driving renewable use .

 

[Test_Subject]

Musk is a complete cunt. I have no idea why people idolize him so much.

I will say, his carbon credit… err, car company is doing well, though.

 

[Millard]

He's holding massive bags, so maybe he's got a plan. Their holdings just dropped tens of millions just now.

View attachment 146685

What a douche. They're probably gonna load up on the dip they just caused.

He was pretty clear that he is about to pump another crypto currency. We just don't know which one yet. But someone does.

Look at what is doing well today when everything else is down.

 

[Silentlemon1011]

He was pretty clear that he is about to pump another crypto currency. We just don't know which one yet. But someone does.

Look at what is doing well today when everything else is down.

Everything I hold got completely trashed today.

But for some reason NANO was up 85% last time I looked.
Fuck lol

 

[Aftermath9716]

Same i took quite a beating on the crypto market but no way in hell am I selling, if anything exposing more diversity lol

 

[Aftermath9716]

Musk is a complete cunt. I have no idea why people idolize him so much.

I will say, his carbon credit… err, car company is doing well, though.

I like em cause he's not woke, bunch of cringey fucking weirdos

View: https://www.youtube.com/watch?v=fdX6aVzPgHs

 

[Perrin Aybara]

He was pretty clear that he is about to pump another crypto currency. We just don't know which one yet. But someone does.

Look at what is doing well today when everything else is down.

I'd guess something proof of stake instead of proof of work to fit his environmental thing.

The stock market is down too plus those coins Vitalik Buterin donated to charity all crashed. Also Binance is being investigated by US authorities. Lots of bad news this week.

 

[SkankHunt]

Anyone else grab 100 million shares of SHIBA and SAFEMOON? Lol.

 

[Millard]

I'd guess something proof of stake instead of proof of work to fit his environmental thing.

The stock market is down too plus those coins Vitalik Buterin donated to charity all crashed. Also Binance is being investigated by US authorities. Lots of bad news this week.

Vitalik Buterin all just moved his entire personal stash of ETH for the first time ever - all $1.3 billion worth of it:

Vitalik Buterin Moves $1.3 Billion Worth Of Ether, But Where?

Lost in the midst of Ethereum co-creator Vitalik Buterin donating more than $1 billion in dog-themed meme cryptocurrencies to India Covid relief charitiy is the fact that he moved $1.3 billion worth of ether, almost all of his holdings, from his public address to a separate wallet.

www.forbes.com