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Old 06-14-2022, 02:16 AM   #1
NewsPressed
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Crypto Night of Carnage

Bitcoin crashes to almost $20,000 in crypto meltdown: Investors are left nursing heavy losses as panic tears through 'wild west' market

On a day of carnage for the industry, bitcoin crashed 20 per cent towards $23,000, its lowest level for 18 months. Ethereum fell 30%.
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Old 06-14-2022, 07:32 AM   #2
djroof
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Great discounts!!! Time to buy few more ;)
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Old 06-14-2022, 07:39 AM   #3
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Originally Posted by djroof View Post
Great discounts!!! Time to buy few more ;)
^^^^^^^^^^^^
This.

I'd wait until it hits the teens. I remember when FB opened ($50) and it tanked to $18 as everyone was totally trolled/punked selling all they could after opening. Today? - $162.81
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Old 06-14-2022, 10:18 AM   #4
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Quote:
Originally Posted by NewsPressed View Post
Bitcoin crashes to almost $20,000 in crypto meltdown: Investors are left nursing heavy losses as panic tears through 'wild west' market

On a day of carnage for the industry, bitcoin crashed 20 per cent towards $23,000, its lowest level for 18 months. Ethereum fell 30%.
If anyone is panicking, it's the speculators, who have used high leverage in an attempt to profit in the short term.

True Bitcoiners are not concerned, as they believe in Bitcoin and see further adoption ahead.

It is also worth remembering that Bitcoin was never intended as a speculative investment. That said, the recent fall should also be put in perspective in terms of the long term performance, which has been phenomenal.
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Old 06-14-2022, 01:10 PM   #5
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Glad I sold all of mine about 3 months ago. Now just waiting to see where the floor is before buying again.
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Old 06-14-2022, 01:37 PM   #6
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december 2022 we all will become rich
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Old 06-14-2022, 02:49 PM   #7
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Its going down pretty fast, its just above $20k

Lets see the price tomorrow
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