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Cryptocurrencies have seen a dramatic fall in value over the last 6 months however it is now ACCELERATING. Prices CONTINUE TO CRASH, CELSIUS, has now appointed LAWYERS to organize a RESTRUCTURING and COINBASE, BLOCKFI, CRYPTO.COM & GEMINI all announce job losses. Is this the start of a MARKET MELTDOWN IN CRYPTO?
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
0:33 PRICES
1:31 CELSIUS
2:14 COINBASE
3:21 JOB LOSSES
4:35 THREE ARROWS
5:22 SUMMARY & CONCLUSION
#crypto
#celsius
#binance
#cryptocrash
#luna
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3
32 Comments
Just when the government started talks about whether it should regulate cryptocurrencies, we find ourselves on the brink of a recession where cryptocurrencies look like they are about to go bust. How convenient.
Where is all the comments: You will be kicking yourself if you don't investing in cryptocurrency?
Celsius has enough to hire a high cost law firm but not enough for the speculative buyers. Crypto is FAKE. Nothing to back it up. A big PONZI scheme.
The problem with cryptocurrency is the whole thing is a scam.
Dear Joe,
Do you reckon Crypto is a very elaborate Ponzi scheme????
I have to make a correction to your terminology – you stated "investors" are losing their money. The correct term is "gamblers".
I'm with Bill Gates 100% on cryptos. Gotta laugh at the hedge fund which has leveraged it's bitcoin gamble – good way do double your losses in a hearbeat.
This season has been really great, I've been making massive profits on my crypto investment, all thanks to Expert Frederick for his guidelines
Rumour has it Bitcoin gamblers are moving what balances they have left to NFTs, to find the next virtual "asset" so they can keep losing their shirts………
Mr Kim has cashed out. Laughing all the way to his Swiss bank accounts.
This video is already out of date, crypto had its biggest bounce yet to recover 10% in the last 8 hours… it is now about 20% down from last week, thats just an ordinary week, fact is crypto is a currency accepted by banks, governments, retailers and traders for cross border payments, a lot of the money that came out earlier this week has gone straight back in
I love the Bill Gates saying at the end truly makes sense
Why does a cryptocurrency company need employees? What do they actually make anything? They were using the free feds money to trade their own stuff. That's like a drug dealer using his own stash.
Joe, thanks again for your concise and expert economic reports.
Besides blind crypto loyalists is anyone really surprised.
Never believed in those bubble currencies
I have learnt in recent months is to remain calm, especially when it comes to investments in cryptocurrencies. Learn not to sell in panic when everything goes down and not to buy in euphoria when everything goes up. I will advise you all to forget predications and start making a good ptofits now because feature valuations are all speculations and guesses. The market is very unstable and you can not tell if it’s going bearish or bullish. While myself and others are being patient for the prove to skyrocket… I would say trading has been going smoothly for me. I started with 2.5BTC and I have accumulated over 7.6BTC in just three weeks, with my masterclass trading strategy..
if the greater fool theory pans out, there's probably a lot of headroom for many more big fat bubblicious crypto currency gyrations going forward lol….
there is no value in crypto, it's not backed by anything tangible just hype
This is the Requiem for a tech bro. They pretend to be so visionary and idealistic and cool. They shun the traditional corporate norms and even deign to dress in anything but designer rags yet when the fit hits the shan they’re no different and more likely less prepared than the corporate hogs the purport to oppose.
Remember when Elon Musk said that crypto was going to go “to the moon,” but at the same time he was cashing out at the very top of the bubble? Let that be a lesson to you crypto bros who so stupidly put all your money into a non-producing, superfluous and completely speculative asset class.
Let's get some perspective – the total crypto market value has lost 2 trillion. That is bigger than the national product of Spain, but the number of people into this Crypto market is much smaller than the population of Spain. On average, they must have lost more than the average national product of a citizen in a modern EUropean country for several years!!
That's really crazy and will break many families.
Of course it was ALWAYS a tulip scam. Based on nothing but GREED
I love it crypto the Franklin mint of currency. Ha ha
Actually it’s not a crypto winter in fact is actually the shemitah cycle. You see.
Once you know what’s the shemitah cycle you can see that it is indeed the shemitah cycle. Crypto just happen to be somewhere in the middle haha
Gates got it on the head
The whole bitcoin market has collapsed for the fourth time. It will ultimately reach a new peak, with battle-proven initiatives surviving. The bulk of cryptocurrencies is a fad that will fade out if prices stay low for a long time but will reappear during the next Bull-cycle.
"Only when the tide goes out do you discover who's been swimming naked.” – Warren Buffett.
"Cryptocurrencies and NFTs are “100% based on greater fool theory.” – Bill Gates
<Great work as always! I think anyone selling their Bitcoin or Altcoin because of the dip, has no idea what they are hodling in the first place. You should take some quantity of what you hodl and get an expert to educate you on day trading because, We are currently on downtrend. Big thanks to Mr Luke Bellingham, for helping me earn 4.06 BTC, despite the current circumstances. I'm not bothered with how bad the Market is turning out👐
Russia click bait
To me, the timing of this crypto crash shows how much Russia and Russian organized crime was using crypto to money launder.
"Don't let what you cannot do interfere with what you can do." –John R. Wooden