Bitcoin and Crypto Crashing Bigly!

Bitcoin and other cryptocurrencies are taking a beating right now. Bitcoin is down 15% in a week, down 25% in a year.

So there goes the entire game plan for crypto as digital gold. In fact, gold has soared this week as well as silver. Time to cash in if you're sitting on it!

Some are saying Bitcoin may go down another 40%! Look out!

 

I always thought the whole thing was a pointless gimmick.
Things like that normally go down when the novelty wears off.

When they start to collapse, as far as I understand there's nothing material to back them up. Sort of like Monopoly money, or should I say AI money. LOL

 

If you're gonna cash out, don't forget to send a donation to the Hipforums!

Btw, today bitcoin's around $78,000, down from it's high of like $125,000. It reached as low as $75,000 yesterday. That's a 40% loss if you bought at the top price.

And yes, you can't eat Bitcoin or gold. But gold is forever, the Internet? I give it until the first EM pulse takes it out in the next couple of years (along with everything else electronic).

 

Oh boy!!!
Bitcoin down to $62,887.1
Down over 12% just today!
That's half of it's value gone in 3 months!

Does that ever set off a cascade effect!

 

so glad I didnt invest!!!

 

"Biometric authentication for Bitcoin terminals uses unique biological characteristics, like fingerprints or facial recognition, to verify user identity before allowing access to cryptocurrency transactions."

I don't even know how it works but it was supposed to be some kind of cool new freedom money but I guess it turned into crap and people are now not into it as much.

 

Betcha the Trump family must-a cashed out, leaving the peons holding the bag.