Replies to post #14964 on Bitcoin (BTCUSD)

[trunkmonk]

But coin 250k today! no wonder it’s diving, who says that and who could believe that? I wouldn’t dream of saying gold 25k. Kids these days.

[Donutman]

It’s just a paper loss for those who don’t have thin skin. How are those penny stocks you been pumping performing?? Lol

[Macaveli]

This is over leveraged hedge funds cashing out. Fiat is dying not sure why anyone would cash out a scarce asset into fiat. Makes no sense. So this crash Is hedge funds and paper contracts driven. Not actual bitcoin. Same with gold. Paper contracts getting dumped not the underlying asset. This shall pass as some of the federal reserve 1.5trillion is helicopter currency makes its way to bitcoin.