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~3 users here now
cryptocurrency and related discussion
The Crypto App is pretty handy. Some screens as the crash begins
submitted 1 year ago * by [deleted] from self.cryptocurrency
https://i.imgur.com/ToDPk9k.png
https://i.imgur.com/o9mieWe.png
https://i.imgur.com/pcw9YYA.png
Edit 4/25/22: https://i.imgur.com/V0HyEAd.png
[–]fatman 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - 1 year ago (1 child)
Yearly opportunity to buy low. (And it might go even lower)
[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - 1 year ago (0 children)
I am concerned the speculative bubble is about to pop. I pulled my money out of crypto and even off the exchanges in case there's a bank run. There aren't enough reserves to cover everyone.
I still have faith in crypto, but rampant speculation and securing liquidity with intrinsically worthless assets like NFTs valued at millions of dollars is replacing the actual money in the system with a digital scribble. I have no faith in these current valuations.
[–]fatman 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 0 fun3 insightful - 1 fun - (1 child)
[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 0 fun2 insightful - 1 fun - (0 children)