How far will crypto drop?

[ace7550]

Been it in since 2013. 3rd time around for me. The normal drop is 80%.

Me too Raiders. I think you and I have been chatting about crypto on here since at least 2017. I love watching people freak out on both the dumps and the surges. The spectacle never ends with Crypto.

[JIBBBY]

I just put in a big buy order for Bitcoin at 21K.

World goes one way you go the other. Crash and burn if drops more, oh well. This is a good price right now I think! Now it's a long waiting game after this investment....

For the record I bought at 40k, 30k and now 21K.. I will wait it out. I got some catching up to do now. Check back in a few years.

[floki]

These crypto prices are giving me gas

[JIBBBY]

These crypto prices are giving me gas

Not good for the environment. Climate activists not liking you now! Cows are the devil because they fart so much. Methane and nuclear not cool!

[kingdom]

i remember as a kid my stepdad laughed at the idea of a cd replacing cassettes. cash is king, yet most of us carry less than 20 bucks these days and have credit and debit cards handy. digital money is the future. banks believe in it. bitcoin will be 60 g's plus again. technology is futuristic. as is web3 and virtual reality. digital currency enables so much. and kids that grow up gaming and developing will make a natural transition to digital currency. get on board while you can....

[Slurry Pumper]

Bitcoin has finally moved lower and now I'm starting to get interested. Still I sit on the sidelines thinking of about $10K for my entry. That's still 50% away, but crypto companies are "consolidating" which means they are going belly up, and the real crypto winners will reveal themselves. Then I will make the plunge, but there is still some pain to take.

[Headsterx]

It got close to 20k now hovering around 22k, did I miss the mark?

[pavyracer]

I remember reading an article a few months back when bitcoin was at 47000 that it will be 100000 by the end of year and it is testing 20000.

If doesn't hold 20000 next stop is 10000.

[Snowball]

Not good for the environment. Climate activists not liking you now! Cows are the devil because they fart so much. Methane and nuclear not cool!

Except for the part where just the bitcoin mining consumes more energy than the country of Argentina

Same reason why gold and silver won't go up much. - they want to save the planet. There isn't any environmentally-friendly places to mine anymore. Most people don't want them strip-mining the ocean floors, either.

[JIBBBY]

Except for the part where just the bitcoin mining consumes more energy than the country of Argentina

Same reason why gold and silver won't go up much. - they want to save the planet. There isn't any environmentally-friendly places to mine anymore. Most people don't want them strip-mining the ocean floors, either.

Aren't many markets that are safe to invest in right now.

Cash is king when facing a recession and maybe we should all just sit on it for a time. I invested big with bitcoin yesterday at 21K just because I hate my money sitting in a bank collecting little to no interest.

I can't see Bitcoin tanking much more I think. Bitcoin still remains the strongest and most well known crypto currency trade in the industry. Still it's a gamble and I like to gamble.

We'll see what happens with bitcoin in time moving forward?

[pavyracer]

I sold my bitcoin at 47000 after riding the 37 to 47 ride.

Now my cash is waiting until bitcoin drops to 4 digits.

[JIBBBY]

I sold my bitcoin at 47000 after riding the 37 to 47 ride.

Now my cash is waiting until bitcoin drops to 4 digits.

Smart man!

Bitty dropping to 4 digits is a stretch though. You may be waiting for a very long time if not forever.

[jjgold]

Get out as soon as possible

[DiggityDaggityDo]

Get out as soon as possible

Why?

JJ, you buying the highs and selling the lows?

[stake1]

Been it in since 2013. 3rd time around for me. The normal drop is 80%.

What’s your confidence level this time in a “bounce”?

[raiders72001]

What’s your confidence level this time in a “bounce”?

Turbulent times in all markets and I really don't have an opinion on a bounce. I'm just sitting back watching for now but all of these are in the cross hairs.

BTC
ETH
ADA
NEAR
BNB
AVAX
MATIC
FTT
APE
FITFI
SWEAT
SAND
CHZ
GALA
ILV
OMI
GMT
MANA
LINK
THETA
ENJ
DOME
HERO
YGG
ILV
Other fan tokens and move to earn as they pop up.

[raiders72001]

And may play around with the usual suspects SHIBA, DOGE, HEX and all else Richard Heart.

[jjgold]

Many exchanges are still locked

All transactions locked

Been waiting 2 days

They cannot afford a run on the bank

[DISTROYA]

supply went from 18 mill to 19 mill available, no one is buying this shit, period. Its a small group of very wealthy whale gamblers buying and (now) selling in masses to control the price at their will.
Will bring it down to 4 digits...6 to 8k, then maybe it will come back, its a covid-style repeat but drop from a much higher high.
Why buy now? Inflation not going anywhere. Selling not close to done Wait few months for under 10k, or maybe next week at this rate.

[DISTROYA]

Except for the part where just the bitcoin mining consumes more energy than the country of Argentina

Same reason why gold and silver won't go up much. - they want to save the planet. There isn't any environmentally-friendly places to mine anymore. Most people don't want them strip-mining the ocean floors, either.

Why Gold isnt $5,000/an ounce is beyond criminal and mind-blowing to me with how fcuked up the economies, world, war, inflation etc.

[DwightShrute]

Why Gold isnt $5,000/an ounce is beyond criminal and mind-blowing to me with how fcuked up the economies, world, war, inflation etc.

https://www.geopoliticalmonitor.com/ukraine-war-a-reshuffling-of-the-global-monetary-order/?fbclid=IwAR0w0QLVlG5rGxsZXAEPl7SMhFI3pcKGc5lsZGd1IUpuRh5OWQraYvJwhTo

[JIBBBY]

Get out as soon as possible

[jjgold]

This is real
Bad

Many experts say 5k

[lonegambler23]

crypto is worth zilch

[ThaWoj]

This is real
Bad

Many experts say 5k

Never will happen. Maybe 17.5 at the absolute lowest. It will be back at 35k possibly 40 by November.

I've been pretty accurate in the past.

[JIBBBY]

Never will happen. Maybe 17.5 at the absolute lowest. It will be back at 35k possibly 40 by November.

I've been pretty accurate in the past.

2024 will be the BIG rebound I think. It's all about the white house change in personnel.

[juicername]

No one knows. Everyone just guessing.

[JIBBBY]

No one knows. Everyone just guessing.

Can only speculate on trends. As interests rates continue to rise you can only assume things will become worse especially in housing and stock market. That's not guessing.


Continuing Inflation now forcing the Federal reserve hand to raise interest rates.

[pavyracer]

Anyone remember 2 months ago when it was 47000 and when told that it could go to 20000 soon everyone laughed? Well we are there now.

[Otters27]

Anyone remember 2 months ago when it was 47000 and when told that it could go to 20000 soon everyone laughed? Well we are there now.

Let me tail your plays

[TheMoneyShot]

[k13]

Never will happen. Maybe 17.5 at the absolute lowest. It will be back at 35k possibly 40 by November.

I've been pretty accurate in the past.

Going to pre covid prices just like everything else.
No more new money.

[Optional]

2024 will be the BIG rebound I think. It's all about the white house change in personnel.

You crack me up some days Jibbby.

[kingdom]

Let me tail your plays

Pavy is selfish lol. but when he gives a hint, listen. he helped me win a lakers future a few years back. he has the stats to back it up.

[k13]

No reason for anything to go up.