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Cryptocurrencies have seen a dramatic fall in value over the last 6 months however it is now ACCELERATING. Bitcoin has now fallen below $19,000 and Ethereum has fallen below £1,000. These levels could now trigger a run on the currencies. Is this the start of a MELTDOWN IN CRYPTO?
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
0:33 BITCOIN PRICE
2:53 HOW LOW?
4:45 BITCOIN HOLDINGS
6:08 SUMMARY & CONCLUSION
#crypto
#celsius
#binance
#cryptocrash
#luna
#GLOBALFINANCIALCRISIS
#RUBLE
#SWIFT
#RECESSION
#CHINA
#USA
#NATO
#WW3
#WORLDWAR3
34 Comments
All the people that own bitcoin. What can you do with a bitcoin? Ones and zeros on a server somewhere. At least you could plant tulips.
The people who bought bitcoin cheap and I mean cheap were promoting this ponzi scheme. People only bought into it for one reason, speculation. That a bigger fool would come along and drive the prices up so they could cash out with a big profit. But there was never any value to bitcoin, absolutely none. Just some guy who made up his own currency in his basement with his computer and was surprised when the feds didn't show up at his door with the swat team. Each day he got away with it he convinced himself he might get away with it. Then came the speculators. The biggest fools came last. Like one of those chain letters someone gives you and tells you how you will make big bucks.
I’m feeling so much schadenfraude
I’m shocked. 😂
I wonder how the crypto cultists will rationalize this.
Very informative video Joe. Great job at analysing crypto market mayhem presently underway.
When they sanctioned the Russians it chopped a hole in the crypto boat.
It’s basically a money laundering scheme for large organized criminal networks. Russia was a necessary cog in the apparatus.
Hey Joe, how can crypto money sneak into the money supply when the US constitution gave the gov. a constitutional monopoly to create new money? Puzzled.
Wonder if the foundation for the strength of the crypto market was Russian money laundering?
It'll stabilize!…. AT or around $500
I see a lot of people claiming success thanks to someone else and want to join that bandwagon. I bought and sold a lot of bitcorn. With the help of Santa Claus and Rudolph’s YouTube videos, their genius financial insights schemes have made me happy and fulfilled. And my sex life is more fulfilling. And the opposite sex finds me more attractive. Search for Santa Claus and Rudolph.
The bottom?
It's a con job? The scam of the century.
It's probably 0… because it's just a modern day pyramid and ponzi scheme. And when we don't have senile fools in their 80's and 2 feet already in the coffin, this will be made illegal and nobody will want anything of it because everyone will know just as we know today the send me $1 dollar and pass this on to join the pyramid scam is just that.
Crypto like equities will keep falling while the dollar strengthens.
Crypto currency is a kinda missleading term. They are essential stocks without a company behinde them.
Simple. What goes up must Tumbledown. It is a Ponzi scheme.
Thanks for another great review. I don’t know how you manage to post so many quality vids. Thank you.
Be careful of any currency with crypt in its name.
A lot of dodgy people are going to suddenly be poor. shrugs-shoulders
In times like this where the Market seems unfavorable, Newbies who feel like they do not stand a chance at cryptocurrency or feel they are too late to Learn and Earn from cryptocurrency
I want you to know that this space is ready to welcome whoever, whenever on this journey of financial freedom and i also want you to know that Crypto in general rewards active participation.
As a protrader, cryptocurrency analysis expert, financial expert and Blockchain programmer i would strongly advice that any Newbie trying to get into this space needs to seize this opportunity to learn the fundamentals of crypto trading and also involve in crypto related activities to help in learning and growth , As the present reset in the market is just for a while to usher in the evolvement needed to outrun the bear. With that being said the best you can do for yourself is Learn to be a smart worker not a hardworker in this space
Would you be ready when the Bull returns?
Crypto is not backed by any collateral.
Cryptocurrencies are a Ponzi scheme based on the "Greater Fool" principle. Plus crypto mining alone accounts for 1% of global carbon emissions. It's a lose-lose game. Put a stake in it.
While bitcoin’s wild <price movements might seem random, they are often driven by the same fundamental catalysts as in the traditional markets. Some claim bitcoin is impervious to shocks that affect global finance; it’s a hedge against things like inflation and a sure bet against tides of uncertainty. Moves within traditional finance can boost or burn bitcoin’s price because they determine how easy it is for financial epicenters like Wall Street to invest in bitcoin…Keeping all this in mind, it is important to trade with the right strategy when going into the crypto world. Carolyn Halles Signals has been doing a great job reviewing all chart, trade and techniques on BTC which has enhance the growth of my portfolio to 19 BTC lately.
So Bitcoin is still worth buying if you have USDT
dont buy yet < its going to fall more. I would buy in again when Dow jones goes to around 20K Pts and BTC I predict will go to 10K USD.
Every crypto skeptic who's heard "Yeah right, boomer" is now getting out their popcorn.
Hmm Elon was going after twitter so now his adversaries are tanking cryptos to hurt him back 😀
Despite the Crypto Crash, Bitcoin is still seen as a good investment by many people.
THESE DAYS IF YOU'RE NOT SPENDING TO RECOVER,THEN STOP SPENDING 💰, I'm no longer waiting for the GRANT LOAN because I earn $50,000 every 7 days recently.
Let's hope it collapses completely.. Good riddance
Crypto independents will crash….. Govt ones will be only option
I think the breakaway for bitcoin will occur shortly after the recession is acknowleged in the US, full disclosure I have dumped stock as I expect falls to continue in the short term before a breakaway after the impending collapse of the US fiat
Why no RUSSIA on preview?
200 WEAK moving average.
Meaning – Buy – BTC and ETH 👍