How soon until Bitcoin crashes?

No rules...no recourse...have fun...

Coinbase customers demand refunds over GYEN stablecoin glitch

Outraged customers of Coinbase say the company has locked them out of their accounts after ?technical reasons? forced it to halt trading GYEN last month.
Customers around the country told CNBC they can?t get answers from the company.
Coinbase says it ?continues to work around the clock to restore full trading on the Coinbase retail app,? but refused to comment further.
https://www.cnbc.com/2021/12/08/coinbase-customers-demand-refunds-over-gyen-stablecoin-glitch.html
 
Apple Has Now Outperformed Bitcoin in the Last Year (With Much Less Volatility)
Apple Inc. just briefly breached the $3 trillion mark. Not only that, it has officially outperformed Bitcoin over the last year.

Apple is up more than 40% over the last year, whereas Bitcoin is up just over 38% during that time.

So not only have you gotten paid more to hold Apple than Bitcoin over the last year, you didn?t have to suffer much in the way of stomach-turning drawdowns.

Bitcoin had a greater than 50% drawdown from last April to its July low. And then another 31% drawdown since its November peak. By contrast, Apple?s biggest drawdown came early in the year, and it was closer to 19%.

Over the last year at least, you had to stomach some pretty big swings to get returns that aren?t as good as the company that makes your phone.
Click to expand...
https://www.bloomberg.com/news/arti...bitcoin-in-the-last-year-with-less-volatility
 
The end is neigh...

Matt Damon?s sold his soul for crypto?: Actor is roasted on social media for commercial in which he tells people to invest in Bitcoin because ?fortune favors the brave?
Matt Damon spearheaded a commercial for cryptocurrency that aired during Sunday's NFL games and has made Twitter users cringe
The ad likened purchasing Bitcoin to landing on the moon as Damon strolled down a sci-fi-esque hallway talking about how 'history is filled with almosts'
Vignettes nodded to explorers sailing and climbing Mount Everest, as well as nods to the Wright Brothers, before flashing 'Crypto.com' at the last second
Crypto.com, which sells cryptocurrency and NFTs, donates $1m to Water.org, a nonprofit co-founded by Damon that brings safe, clean water to people in need
Many users tweeted that they felt as if the actor, 51, was calling them a p***y for not spending their life savings on crypto such as a '$378,000 cartoon ape'
One tweet called the ad an insult to Damon's 'own cinematic legacy from The Martian,' where he played an astronaut stranded on Mars
https://www.dailymail.co.uk/news/ar...ople-invest-Bitcoin-fortune-favors-brave.html
 
morekaos said:
The end is neigh...

Matt Damon?s sold his soul for crypto?: Actor is roasted on social media for commercial in which he tells people to invest in Bitcoin because ?fortune favors the brave?
Matt Damon spearheaded a commercial for cryptocurrency that aired during Sunday's NFL games and has made Twitter users cringe
The ad likened purchasing Bitcoin to landing on the moon as Damon strolled down a sci-fi-esque hallway talking about how 'history is filled with almosts'
Vignettes nodded to explorers sailing and climbing Mount Everest, as well as nods to the Wright Brothers, before flashing 'Crypto.com' at the last second
Crypto.com, which sells cryptocurrency and NFTs, donates $1m to Water.org, a nonprofit co-founded by Damon that brings safe, clean water to people in need
Many users tweeted that they felt as if the actor, 51, was calling them a p***y for not spending their life savings on crypto such as a '$378,000 cartoon ape'
One tweet called the ad an insult to Damon's 'own cinematic legacy from The Martian,' where he played an astronaut stranded on Mars
https://www.dailymail.co.uk/news/ar...ople-invest-Bitcoin-fortune-favors-brave.html
Click to expand...

It does remind me of when Ed McMahon and Gary Coleman (RIP to both), along with MC Hammer, were making those "WE BUY GOLD!!!" commercials about 10-12 years ago.
 
With yesterday's drop, Bitcoin is now lagging the broader stock market (S&P, Dow) over 12 months.  The current crash ($69k --> $43k) is at -38%.

(Although measuring a peak-to-trough crash is now called #cherrypicking by CalBears and IHO...LOL)
 
Liar Loan said:
With yesterday's drop, Bitcoin is now lagging the broader stock market (S&P, Dow) over 12 months.  The current crash ($69k --> $43k) is at -38%.

(Although measuring a peak-to-trough crash is now called #cherrypicking by CalBears and IHO...LOL)
Click to expand...
For something that volatile, looking back in history, they are pretty short lived ~3months. We are 2 months from the top currently. In the end, it's not really an issue if you're not selling.
 
sleepy5136 said:
Liar Loan said:
With yesterday's drop, Bitcoin is now lagging the broader stock market (S&P, Dow) over 12 months.  The current crash ($69k --> $43k) is at -38%.

(Although measuring a peak-to-trough crash is now called #cherrypicking by CalBears and IHO...LOL)
Click to expand...
For something that volatile, looking back in history, they are pretty short lived ~3months. We are 2 months from the top currently. In the end, it's not really an issue if you're not selling.
Click to expand...

Diamond hands!  :) ;)
 
Built by criminals...for criminals...

Kim Kardashian and Floyd Mayweather are sued over 'crypto pump and dump scam': New York resident files lawsuit claiming he 'suffered losses' investing in EMAX tokens promoted by stars that plunged 98% in value
Lawsuit filed against EMAX and celebs in Los Angeles federal court on January 7
It claims they touted crypto tokens to boost prices and make themselves profit 
The complaint is proposed as a class-action lawsuit, meaning others can join
EMAX dispute the allegations and say they 'look forward to the truth coming out'
Figures show EMAX plummeted by 98% just weeks after celebrities endorsed it
Kim's Insta advert alone reached one in five adults in US and 30% of crypto users
https://www.dailymail.co.uk/news/ar...d-Mayweather-sued-promotion-crypto-token.html
 
"Ladies and gentlemen of the jury, I ask you, would any reasonable person think it wise to take financial advice from either Kim Kardashian or someone who made a living getting punched in the head? 

Your honor, I rest my case."
 
There are litterally 10,000+ of different digital coins in existence. So this is still over price. The real price EMAX,,,,NOTHING. No doubt BTC will survive after this shakeout, but it is worth far less than where they are now.
 
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