crypto crumbling

[jscott]

Could be for sell, there are other possible reasons:

"Liquidity interests to earn yield over time.

Regulatory and audit protection.

Having bitcoin stored cold wallet with the company can have M&A difficulties, so they move it before an M&A transaction takes place, allows for movement between more than one company under GameStops umbrella and gives them a broader treasury strategy

Makes rebalancing of statements easier during M&A. Etc.

Many many reasons, all of which if people understood the product would know this, but instead we get panic posts."

Does anyone know why?

and to note, Jacob King (guy who made that post) swore that Bitcoin is going to $30k in 2025. Dude is a BDS liar and fraud, a contrarian for clicks.

Also, Cohen supposedly purchasing 500k shares so maybe they're converting BTC to GME. Right now everything is speculative.

[nikki99]

Bitcoin is not good for the socialists/communists of the world.

oh I hate commies

[dyna mo]

Does anyone know why?

that's also only 1/2 their stack. the stock also went up when they bought their coins. who knows what they're up to.

and game stop isn't really a star in the sky of how to invest. everyone who has held btc for 4 years or longer has profited.

[mechanicvirus]

Could be for sell, there are other possible reasons:

"Liquidity interests to earn yield over time.

Regulatory and audit protection.

Having bitcoin stored cold wallet with the company can have M&A difficulties, so they move it before an M&A transaction takes place, allows for movement between more than one company under GameStops umbrella and gives them a broader treasury strategy

Makes rebalancing of statements easier during M&A. Etc.

Many many reasons, all of which if people understood the product would know this, but instead we get panic posts."



and to note, Jacob King (guy who made that post) swore that Bitcoin is going to $30k in 2025. Dude is a BDS liar and fraud, a contrarian for clicks.

Also, Cohen supposedly purchasing 500k shares so maybe they're converting BTC to GME. Right now everything is speculative.

Gotcha, that makes sense.

[VikingMan]

$100 silver right now. I am your turbo lover!

[jscott]

Congrats to everyone who's been protecting themselves from the debasement of fiat currencies these past years. Gold minutes away from $5k !!! Bitcoin will have it's time to shine too, but enjoying the metals glory right now, it's awesome!

[VikingMan]

Congrats to everyone who's been protecting themselves from the debasement of fiat currencies these past years. Gold minutes away from $5k !!! Bitcoin will have it's time to shine too, but enjoying the metals glory right now, it's awesome!

Yes sir that’s what I understand. Bitcoin is gonna have its time again after metals run up. Soon!

[nikki99]

Yes sir that’s what I understand. Bitcoin is gonna have its time again after metals run up. Soon!

I hope so!

[VikingMan]

Germans want their 1200 tons of gold repatriated from USA. Probably would have been a good idea to get it back years ago. Derp! Gold over 5k and silver at 116. Tickets on life boats.

[VikingMan]

Fruit loop Jim Cramer on CNBC told everybody to sell silver so that should be your signal to buy!

[nikki99]

going up today

[nikki99]

Collapsingggggg!¡!!!

[Huggles]

I took my life savings and sold my cars and put everything into gold options at $5400 hoping it would hit 10k today and instead it is down and I'm getting something called a margin call?

[adultinnovation]

told you

[jscott]

told you

You said it's dropping from $1000 over 10 years ago, how do you explain yourself about that?

[adultinnovation]

i wasn't in crypto over ten years ago. I just got into in late 2022 when my friend told me to buy one bitcoin at $15,000

[dyna mo]

i wasn't in crypto over ten years ago. I just got into in late 2022 when my friend told me to buy one bitcoin at $15,000

then wtf are you doing with this thread? like me, you're still waaaaaaaay up.

[fuzebox]

then wtf are you doing with this thread? like me, you're still waaaaaaaay up.

I think you can have gotten lucky buying a couple bitcoins back in the day and still also recognize that it's volatile and being manipulated at the top.

[dyna mo]

I think you can have gotten lucky buying a couple bitcoins back in the day and still also recognize that it's volatile and being manipulated at the top.

i've hodled through many "crashes" over the years a couple much worse than this, no luck involved. more like understanding the volatility.

[Emil]

Take it easy. All markets are acting up.

The reason is because there's a retard called Donald Trump that is fucking around too much.

He's threatening China with tariffs. Again. And China is getting fucking tired of his bullshit.

Gold prices for the last 30 DAYS!


Silver - Last 30 DAYS!


If the images doesn't work here's a link:
https://imgur.com/a/PuDeZdu

Why do you think the prices have gone up like crazy in just the last 30 days?

China continues to sell US bonds while buying gold, silver and who know what else. Not USD Bonds, that's for sure.

Who's going to finance US shit? Oh yeah, USA raped Venezuela, and a couple of hours ago BBC posted a article with the title "Venezuelan MPs approve bill to open up oil sector to private firms".

Who would have thought!? How convenient for the USA.

Since the USA continues to rape the rest of the world we'll see the markets go all over the place.

Lets just hope the rest of the world get enough of the USA bullshit soon.

[CyberHustler]

^at least da libz got pwnd tho. That's all that matters.

[jscott]

^at least da libz got pwnd tho. That's all that matters.

If the Libs got their way they'd be raping Americans with taxing unrealized gains like they're going to do in Netherlands.

Yes, Kamala Harris has supported a proposal to tax certain unrealized capital gains as part of her alignment with the Biden-Harris administration’s fiscal policies.

USA dodged that bullet

[jscott]

Take it easy. All markets are acting up.

The reason is because there's a retard called Donald Trump that is fucking around too much.

He's threatening China with tariffs. Again. And China is getting fucking tired of his bullshit.

Gold prices for the last 30 DAYS!

Silver - Last 30 DAYS!

If the images doesn't work here's a link:
https://imgur.com/a/PuDeZdu

Why do you think the prices have gone up like crazy in just the last 30 days?

China continues to sell US bonds while buying gold, silver and who know what else. Not USD Bonds, that's for sure.

Who's going to finance US shit? Oh yeah, USA raped Venezuela, and a couple of hours ago BBC posted a article with the title "Venezuelan MPs approve bill to open up oil sector to private firms".

Who would have thought!? How convenient for the USA.

Since the USA continues to rape the rest of the world we'll see the markets go all over the place.

Lets just hope the rest of the world get enough of the USA bullshit soon.

US markets ATH
gold ATH
Bitcoin will reach ATH within couple years

If you haven't been protecting yourself from the fiat ponzi then that's on you.

USD devaluation, as with all fiat currency devaluing isn't caused by a single politician, it's the entire system, they're all guilty of it so placing blame on a single person is beyond retarded.

You could be thanking President Trump right now

[jscott]

i've hodled through many "crashes" over the years a couple much worse than this, no luck involved. more like understanding the volatility.

Hodling is far from luck, it's funny how some people call it that. You have the news, friends, "experts", all telling you for years that Bitcoin is dead or dying. Ignoring them and educating yourself is the best way to HODL long term.

[grzepa]

Take it easy. All markets are acting up.

The reason is because there's a retard called Donald Trump that is fucking around too much.

He's threatening China with tariffs. Again. And China is getting fucking tired of his bullshit.

Looking at things from the EU country perspective...Trumps acting a bit like a more civilized version of Putin.

[adultinnovation]

35k - 40k will be bear market bottom in October if the 4 year cycle stays true and at this point it is

[dyna mo]

35k - 40k will be bear market bottom in October if the 4 year cycle stays true and at this point it is

2025 was supposed to be the btc bear market according to the 4 year cycle.

[VikingMan]

Gold and silver big pullback

[jscott]

Remember when Bitcoin haters always said it's too volatile? They sure look like hypocrites now as they keep their lips sealed on the metals action.

At least some of us (me included) stay consistent on our views, which are: SAVE YOURSELF FROM FIAT DEVALUATION. (ie Bitcoin, gold, QQQ/etc)

[Emil]

US markets ATH
gold ATH


If you haven't been protecting yourself from the fiat ponzi then that's on you.

I'm into gold, silver and crypto. We'll see how this goes. No one knows. It's all a gamble. Agree?

[Huggles]

I'm into gold, silver and crypto. We'll see how this goes. No one knows. It's all a gamble. Agree?

Everything is fake and gay.

[CAHEK]

For months I have been saying that Bitcoin peaked and that you should consider taking profit.

We are now plumbing new lower lows and the end is nowhere in sight.

And this is happening while SPX remains at its 6900 highs - imagine what happens when it corrects to 6300.

[VikingMan]

Remember when Bitcoin haters always said it's too volatile? They sure look like hypocrites now as they keep their lips sealed on the metals action.

At least some of us (me included) stay consistent on our views, which are: SAVE YOURSELF FROM FIAT DEVALUATION. (ie Bitcoin, gold, QQQ/etc)

I got spanked hard. Still up 3x for the year.

[adultinnovation]

2025 was supposed to be the btc bear market according to the 4 year cycle.

i mean the very bottom of the bear market... when you buy and get rich 3 years later

[Huggles]

For months I have been saying that Bitcoin peaked and that you should consider taking profit.

We are now plumbing new lower lows and the end is nowhere in sight.

And this is happening while SPX remains at its 6900 highs - imagine what happens when it corrects to 6300.

Imagine if the US government sold all of its debt through bitcoin and now is crashing bitcoin to get rid of its debt

[nikki99]

Hooooooooooooooooooodddddlllllllllllllllllllllllll lllllllllllllllllllllllllllllll

[VikingMan]

Silver touched 92 again today so a strong rebound from last week. I keep hearing physical silver it is trading way higher well above $110 in China. Not sure it’s true.

[jscott]

Silver touched 92 again today so a strong rebound from last week. I keep hearing physical silver it is trading way higher well above $110 in China. Not sure it’s true.

Check now.

[VikingMan]

Check now.

I know I am fucked. Still more than doubled my money but should have dumped everything when it hit 100. Even my teenager is pissed at me. Plus I bought two dozen diesel commercial trucks that are not selling. I just gave myself a job at my own company and going back to work on Friday at 60 hrs a week. We supply things to repo companies including used trucks. I have not worked over 20 hrs a week for 22 years.

[jscott]

ya man, anything spikes so much so fast gonna have to retreat back a bit imo, seems like that's always going to happen no matter what asset.

[adultinnovation]

Trump lied.. BTC pumped... only to soon dump.. to 35k... october

[adultinnovation]

68,218.81USD

−3,121.43 (4.38%)today

[2MuchMark]

Trump lied..

Waaaat?!?!?! NooooOoooo.... he would never....