Popular Post Whale 1997 Posted May 12 Popular Post Share Posted May 12 Well well well. Crypto markets capitalised at 2.5 trillion 6 months ago and this morning it was half that, having lost 1.25 trillion USD value in six months. Luna, a poster child of crypto influencers esp on YouTube has lost 99% of it value in 5 days! Yes five days ago it was 100 USD n this morning its 1 USD. Bitcoin is 29k but was 69k six months ago. Is it over? Or is the beginning of something? Is it broke? Are you broke? Are you smiling the I told you so smile :+) (PS this is prob my last post thread as I leave Thailand for UK then Greece at the Weekend and don't anticipate a return) 3 1 9 Link to post Share on other sites More sharing options...
KannikaP 5530 Posted May 12 Share Posted May 12 Looks like it. Up goes the price of a Tesla. 1 Link to post Share on other sites More sharing options...
Popular Post Neeranam 13883 Posted May 12 Popular Post Share Posted May 12 Great time to buy when there is so much fear. I am buying. Actually bought Luna yesterday at 90c. 3 6 1 1 Link to post Share on other sites More sharing options...
Whale 1997 Posted May 12 Author Share Posted May 12 54 minutes ago, Neeranam said: I am buying. Actually bought Luna yesterday at 90c. I bought a small bit this morning at 1.08. Figure must be worth a gamble. I only bought a t tiny bit though. 1 1 Link to post Share on other sites More sharing options...
Popular Post ThailandRyan 48004 Posted May 12 Popular Post Share Posted May 12 1 hour ago, Neeranam said: Great time to buy when there is so much fear. I am buying. Actually bought Luna yesterday at 90c. luna at .41 cents now, has it reached the bottom of the dip, only time will tell. With the new push to regulate crypto I wonder how much of that has driven the prices down. My Ether has dropped almost in half of what it was 6 months ago, yet I am still up from when I bought into it years ago. 2 2 Link to post Share on other sites More sharing options...
RafPinto 5445 Posted May 12 Share Posted May 12 1 hour ago, Neeranam said: Great time to buy when there is so much fear. I am buying. Actually bought Luna yesterday at 90c. Oh dear... Link to post Share on other sites More sharing options...
RafPinto 5445 Posted May 12 Share Posted May 12 https://coinmarketcap.com/currencies/terra-luna/ Link to post Share on other sites More sharing options...
RafPinto 5445 Posted May 12 Share Posted May 12 1 Link to post Share on other sites More sharing options...
ThailandRyan 48004 Posted May 12 Share Posted May 12 8 minutes ago, Whale said: I bought a small bit this morning at 1.08. Figure must be worth a gamble. I only bought a t tiny bit though. Still dropping 2 Link to post Share on other sites More sharing options...
ozimoron 5583 Posted May 12 Share Posted May 12 LUNA suspended by Prime XBT. I think it will just go to zero. There was some concern that the company had bought 10 billion in BTC and might sell it to prop up LUNA but it looks like they might just walk away with the bitcoin. Pure speculation on my part. 1 Link to post Share on other sites More sharing options...
RafPinto 5445 Posted May 12 Share Posted May 12 Link to post Share on other sites More sharing options...
RafPinto 5445 Posted May 12 Share Posted May 12 Link to post Share on other sites More sharing options...
RafPinto 5445 Posted May 12 Share Posted May 12 Link to post Share on other sites More sharing options...
Popular Post RafPinto 5445 Posted May 12 Popular Post Share Posted May 12 How many were thinking to get rich quickly and went all in, many on leverage. Total wipe out. 8 Link to post Share on other sites More sharing options...
Popular Post AwwYesNice1 569 Posted May 12 Popular Post Share Posted May 12 Got shares for a nice shiny bridge in Bklyn for y'all. Only cash accepted tho.... 1 3 Link to post Share on other sites More sharing options...
ThailandRyan 48004 Posted May 12 Share Posted May 12 5 minutes ago, AwwYesNice1 said: Got shares for a nice shiny bridge in Bklyn for y'all. Only cash accepted tho.... Stocks are also sinking so its not just Crypto, S&P 500 down to its lowest in a great long time same with the NASDAQ, Glad I moved shares into Oil and Natural gas and have been trading Options and Puts. 1 Link to post Share on other sites More sharing options...
Popular Post cyril sneer 5489 Posted May 12 Popular Post Share Posted May 12 when it stops dropping think i'll start buying 2 1 1 Link to post Share on other sites More sharing options...
HappyExpat57 2851 Posted May 12 Share Posted May 12 I remember a time when I thought "I have some money to invest. Why not buy oil? It will NEVER go down in value!" Then I thought better and just kept it in the bank. Sure nuff, oil started to plummet. This is all just too risky and I really don't need to gamble like this. Link to post Share on other sites More sharing options...
Neeranam 13883 Posted May 12 Share Posted May 12 29 minutes ago, Whale said: I bought a small bit this morning at 1.08. Figure must be worth a gamble. I only bought a t tiny bit though. Thing is I doubled my stack for very little money. Kinda like insurance. Luckily, I was not big on Luna. Sold 10% of my DOT to get some. 1 1 Link to post Share on other sites More sharing options...
RafPinto 5445 Posted May 12 Share Posted May 12 4 minutes ago, ThailandRyan said: Stocks are also sinking so its not just Crypto, S&P 500 down to its lowest in a great long time same with the NASDAQ, Glad I moved shares into Oil and Natural gas and have been trading Options and Puts. Glad that my biggest holding is SHELL. 1 Link to post Share on other sites More sharing options...
Walker88 7300 Posted May 12 Share Posted May 12 And all these conjured from nothing things, created by unknown people with an unknown intent, should go back up because why? Because it used to be at a higher price? Because you used to have a higher paper net worth? It certainly isn't because any of these entities will have 'good earnings'. Retail came late to the party, and the founders used retail's enthusiasm and naivete to unload much of what they had created. Usually they pump these things back up, but there will come a time when they've cashed out enough and passed on the pie-in-the-sky dream to the Greater Fools. Maybe that is now, maybe not. A guy I once worked with, when he began trading, used to keep a sign above his trading desk that said "Losers Average Losers". I used that in my own career as a hedge fund manager. It was wisdom I was happy to steal. Another bit of wisdom I stole was to continually move up my stops in a winning position. Neither I nor the market gives a flying f where I put the position on. Only the taxman cares. Obviously lots of folks in crypto failed to do that and are now living on hope. Incidentally, the guy is now worth $7 billion and is on the Forbes List of Billionaires. 1 1 Link to post Share on other sites More sharing options...
RafPinto 5445 Posted May 12 Share Posted May 12 Musk must also feel the head. TSLA dropping sharply and his holdings in DOGE and BTC. Also his Twitter investment where he promised a much higher price then it sits now. Link to post Share on other sites More sharing options...
Popular Post Mac Mickmanus 6443 Posted May 12 Popular Post Share Posted May 12 (edited) 3 hours ago, Whale said: (PS this is prob my last post thread as I leave Thailand for UK then Greece at the Weekend and don't anticipate a return) If and when you leave Thailand , you can still post from other Countries . You dont have to be in Thailand to access these forums Edited May 12 by Mac Mickmanus 4 Link to post Share on other sites More sharing options...
Popular Post RafPinto 5445 Posted May 12 Popular Post Share Posted May 12 I follow a guy on youtube about BTC 555 He bought at 43k, big in 555 Bigger in at 40k Even bigger in at 385k And again at 35k AT 33k 100USD in At 30,5k all in 30k is the bottom, I know it, I have the charts He leveraged his purchases. Now not more online. Margin call ???? 4 Link to post Share on other sites More sharing options...
Popular Post Mac Mickmanus 6443 Posted May 12 Popular Post Share Posted May 12 18 minutes ago, RafPinto said: I follow a guy on youtube about BTC 555 He bought at 43k, big in 555 Bigger in at 40k Even bigger in at 385k And again at 35k AT 33k 100USD in At 30,5k all in 30k is the bottom, I know it, I have the charts He leveraged his purchases. Now not more online. Margin call ???? What is "BTC 555" ? 3 Link to post Share on other sites More sharing options...
Whale 1997 Posted May 12 Author Share Posted May 12 Total MKT cap just hit 1.15 trillion and still falling. 10% loss this morning alone. BTC just nudged 26500 1 Link to post Share on other sites More sharing options...
RafPinto 5445 Posted May 12 Share Posted May 12 5 minutes ago, Mac Mickmanus said: What is "BTC 555" ? Butternut squash. Link to post Share on other sites More sharing options...
Mac Mickmanus 6443 Posted May 12 Share Posted May 12 1 minute ago, RafPinto said: Butternut squash. I have no idea what we are talking about , completely lost 1 1 Link to post Share on other sites More sharing options...
RafPinto 5445 Posted May 12 Share Posted May 12 53 minutes ago, ThailandRyan said: Still dropping Link to post Share on other sites More sharing options...
choff56 719 Posted May 12 Share Posted May 12 41 minutes ago, AwwYesNice1 said: Got shares for a nice shiny bridge in Bklyn for y'all. Only cash accepted tho.... I'm interested, Manhattan or Williamsburg? 1 Link to post Share on other sites More sharing options...
.thumb.jpeg.cf6ce0b59d8f8b53e201487c6cf7b1db.jpeg)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now