Crypto carnage—Bitcoin, Ethereum, Dogecoin all bomb lower?

Discussion in 'Bullion Investing' started by fretboard, May 19, 2021.

  1. fretboard

    fretboard Defender of Old Coinage!

    No, I agree I don't think it will ever be that low again but it could potentially go a lot lower than it is now. That's a good thing for those who are waiting around like vultures for the lowest price to swoop down on! :D
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. losthomer

    losthomer Active Member

  4. Eric the Red

    Eric the Red Supporter! Supporter

  5. Eric the Red

    Eric the Red Supporter! Supporter

     
  6. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    That’s very optimistic...LOL
     
    harrync likes this.
  7. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

  8. Garlicus

    Garlicus Debt is dumb, cash is king. Supporter

  9. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Actually, they got sucked into BitCoin at an average price of $50,000. They are underwater.
     
    Eric the Red likes this.
  10. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    The loss is strictly on paper and means nothing until you cash out, BTC will be
    back in a big way in the up coming
    moths in a big way.
     
    Eric the Red likes this.
  11. Mr.Q

    Mr.Q Well-Known Member

    Invest in America. It's the right thing to do!
     
    Eric the Red, Hookman and Bob Evancho like this.
  12. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I always do :)
     
    Eric the Red likes this.
  13. fretboard

    fretboard Defender of Old Coinage!

    I don't doubt it, plenty of hodlers holding and not worried about it at all! :D
     
    Eric the Red likes this.
  14. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    I am heading to the back right now any thong pre 40 in my book is good :)
     
    Eric the Red and fretboard like this.
  15. Kentucky

    Kentucky Supporter! Supporter

  16. losthomer

    losthomer Active Member

    The strange world of corporate finance. Borrowing billions of dollars then buying a billion or two in Bitcoin.
     
    JPD3 likes this.
  17. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    It’s the America way, that means it doesn’t
    make much sense...LOL
     
  18. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Unreal, that kiosk. :yack:

    BTC down another 10% today. If/When any of the super-bulls say they are out or selling, katy-bar-the-door.
     
  19. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

     
  20. mpcusa

    mpcusa "Official C.T. TROLL SWEEPER"

    Works for me :) the only people that care
    are the ones on the short, trying to make a
    quick buck, as a long term investor 3-5 years
    you understand the bumps in the road.
     
  21. GoldFinger1969

    GoldFinger1969 Well-Known Member

    Is this a high-volatility investment....or a currency ? o_O

    Currencies don't go down 10% a day or 30% in 24-hours, unless it's some 3rd World dictatorship.

    If you invest in BitCoin like it's a high-volatility NASDAQ stock, then I think you're on OK ground. But if you are buying it to replace the Dollar or other fiat currencies, I think there are potential minefields ahead.
     
    mpcusa likes this.
Draft saved Draft deleted

Share This Page