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29738415 No.29738415 [Reply] [Original]

Why did practically every coin crash hard today?

>> No.29738438
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29738438

ITS BOBO BABY

>> No.29738466
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29738466

>>29738415
Bobo is back in town

>> No.29738479

>>29738415
Because life sucks

>> No.29738505

>>29738415
Because shitcoins are a null sum game and the whales decided now was a good time to get out and leave millions of bagholders in the dirt.

>> No.29738507

>>29738415
I'm really new at this so take my opinion with a grain of salt. It's likely because Bitcoin crashed.

>> No.29738523
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29738523

>>29738415
The bear has left its cave forever. It's over.

>> No.29738550
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29738550

>>29738415
Check the news. It was something about the US dollar just got hit with hyperinflation I think. Everything is SO REEEEEEEEEEEEEEEEED

>> No.29738556

>>29738415
>today
it's been like this all week anon, you're seriously not buying the "dip" are you?

>> No.29738557

>>29738415
Panic sellers.

>> No.29738562

>>29738415
Bobos came to wreck the party

>> No.29738563

Bobo is back baby

>> No.29738564

You've seen nothing
>>29738415

>> No.29738600

>>29738415
Cucks sold

>> No.29738627

>>29738415
10yr yields doubled, means people can hold more bonds than stocks, so some big funds rotated from stocks to treasuries. high gov bond yields is bad for risk-on assets like btc

>> No.29738661

>>29738415
Becausr bitcoin ruins the crypto market.
Most of the monetary value of crypto is ib bitcoin. It's a total shitcoin but it has value because of it's value. Until more money flows into crypto and less money flows into bitcoin. The market will remain volatile.

>> No.29738733

>>29738627
"means people can hold more bonds" can you elaborate - like they can get an increased and safe return on bonds so they are getting out of speculative assets and into bonds?

>> No.29738802

>>29738627
Thanks

>> No.29738905

>>29738733
I think he means the percent yield on them doubled , like if the stable coind lending rate on aave doubled people would be more likely to take profit on shitcoins and put it there

>> No.29739073

>>29738550
>usd goes to hell
>the inflationproof decentralised currency dumps
how does this make any sense

>> No.29739152

>>29738415
I saw a video saying someone sold 14k Bitcoins.

>> No.29739192

>>29738415
kikes fudded btc and retards fell for it and sold, this was followed by a cascade of stop losses triggering and weak handed retards selling.

>> No.29739207

>>29738415
Get 100% in ADA bro

>> No.29739217

>>29738627
Unless I’m very retarded but even getting a yield of 1.5% from Uncle Sam is still worse off than getting shafted by inflation. It’s still losing money yoy, just less

>> No.29739258

>>29739073
Welcome to clown world!

>> No.29739401

>>29738507
why did btc crash?

>> No.29739548
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29739548

>>29739073
Ask the fucking newbooties

>> No.29739602

>>29739073
everyone is all fear right now and not sure what they’re fearing. theyll figure out what they fear in a few days and buy the right assets. imo i think we will fear hyperinflation/stagflation and market will rotate into gold, commodities, btc

>> No.29739664

>>29738415
Dead cat bounce

>> No.29740193

>>29738415
tether did not print

>> No.29740471
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29740471

>>29738415

>> No.29740576
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29740576

>>29738415

>what is crash

>> No.29741151

>>29739073
Thanks Obama