Bitcoin fell ~10% to around $31,000, its lowest level since July 2021, as investors flee riskier investments; Ethereum, Solana, Avalanche, and others also fell
Bloomberg
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Discussion
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@nayibbukele
@nayibbukele
on x
El Salvador just bought the dip! 🇸🇻 500 coins at an average USD price of ~$30,744 🥳 #Bitcoin
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@mcuban
Mark Cuban
on x
Crypto is going through the lull that the internet went through. After the initial surge of exciting apps, NFTs, DeFi, P2E, we saw the imitation phase as chains subsidized the movement of those apps to their chains (ala bandwidth and storage subsidies by startups in the 2000s)
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@nayibbukele
@nayibbukele
on x
Bitcoin City is coming along beautifully ❤️ https://twitter.com/...
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@lfg_org
@lfg_org
on x
1/ Over the past several days, market volatility across crypto assets has been significant. The market turmoil is also reflected by the past week's uncertain macro conditions across legacy asset classes.
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@saylor
Michael Saylor⚡️
on x
Monday morning is time to get back to work. #Bitcoin https://twitter.com/...
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@saylor
Michael Saylor
on x
MicroStrategy has a $205M term loan and needs to maintain $410M as collateral. $MSTR has 115,109 BTC that it can pledge. If the price of #BTC falls below $3,562 the company could post some other collateral. See slides 11-12 in Q1 2022 presentation. #HODL https://www.microstrategy…
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@cryptomanran
Ran NeuNer
on x
Ask yourself; if the markets go down another 20% would you rather be holding a JPEG of a stuffed animal or an Algorithmically backed Stable Coin??
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@schwarz
Jon Schwarz
on x
If you bought $1000 of a bitcoin ETF when Matt Damon's “Fortune Favors the Brave!” crypto ad premiered on October 28 last year, you would now have $554. https://twitter.com/...
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@thinkingbitmex
@thinkingbitmex
on x
I bought Bitcoin at 68,900 to hedge against 8% inflation I'm now down 52% in 6 months
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@maybebullish
Will Hershey
on x
Algo stablecoin breaking peg 😬 https://twitter.com/...
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@bennetttomlin
Bennett Tomlin
on x
It's easy to forget that MicroStrategy's business is business intelligence
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@nayibbukele
@nayibbukele
on x
I could sell this coins right now and make almost a million dollars in just 11 hours, but of course not 🥰 https://twitter.com/...
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@jeffjohnroberts
Jeff Roberts
on x
El Salvator is on cusp of default b/c no one will buy its half-baked Bitcoin bonds and this is what President Bro is doing https://twitter.com/...
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@film_girl
Christina Warren
on x
This is just mean @paleofuture — I didn't buy any 6 months ago but flashbacks to my Doge grift of 2021 seems just amazing now. https://gizmodo.com/...
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@zachweinberg
@zachweinberg
on x
Digital gold seems awfully correlated with risk assets.
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@cz_binance
@cz_binance
on x
It might be the first time and painful for you, but it's not the first time for #bitcoin. It just looks flat now. This (now) will look flat in a few years too. https://twitter.com/...
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@cz_binance
@cz_binance
on x
Emotions. If you panic during a dip, you probably over invested. Try reduce your investment size by 2x or 10x. You will be in a much better position to control your emotions. Only increase your position when you can handle your emotions.
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@sartoshi_nft
@sartoshi_nft
on x
imagine waking up to all this crypto news if u were in a coma for the past 37 mins
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@thestalwart
Joe Weisenthal
on x
Shiba Inu's market cap is not even $9 billion anymore.
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@cryptowhale
@cryptowhale
on x
BREAKING: MicroStrategy is now at loss with #Bitcoin purchases, down $34 million on all their investments.
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@timbray
@timbray
on x
Better hurry, looks like maybe your last chance to buy $BTC north of $30K.
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@iamjosephyoung
Joseph Young
on x
Last year, Bitcoin bottomed out in July after consolidating between May and July. I definitely feel more fear and panic in the market this time around. So, I also feel there will be a lot of bottom shorters this time around when it starts turning around.
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@tier10k
@tier10k
on x
BTC < 31k https://twitter.com/...
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@ryansadams
Ryan Sξan Adams
on x
I guess we're doing this https://twitter.com/...
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@nlw
Nathaniel Whittemore
on x
One of the surest signs of where we are in the cycle is that you're about to see the professional talking heads coming out of the WOODWORK to say that they always knew this blockchain/bitcoin/web3 thing was utter nonsense and shouldn't we all have known as well, like them.🤷♂️