And can we please stop misusing the word "plunge"? Let's strive to use adjectives consistently across all assets classes. If something is down modestly, you say it's "down X% for the day", or it "fell X%", or that it "retreated to Y from its all time high of Z".
Plunge just does not begin to describe what's going on. A plunge is indicative of panic selling or a companies position dramatically deteriorating due to bad news. This is a modest bit of selling from a rapidly achieved high.
All I see now is that Bitcoin is 50 fucking k. Fifty fucking thousand dollars for a BTC. That's like a luxury car. Think about it. It's not "plunging". Fucking please.
Diamonds are literally forever. It’s the one of the most overly priced rocks we have. Once we found the caves with the unlimited supply the price didnt drop and just skyrocketed. We also have the ability to make the shit which is almost identical in composition to the natural. Never understood the allure! Give me a beautiful unique stone that prob no one has rather then a Diamond that’s so overpriced it’s disgusting that everyone has. That’s much more sentimental and thoughtful in my opinion.
And each half of that drop came in a matter of hours that rendered upside-down the previous weeks' long entry points. Anybody entering after the first week of March is in at a loss,
Shame on you for linking to that site.
And can we please stop misusing the word "plunge"? Let's strive to use adjectives consistently across all assets classes. If something is down modestly, you say it's "down X% for the day", or it "fell X%", or that it "retreated to Y from its all time high of Z".
Plunge just does not begin to describe what's going on. A plunge is indicative of panic selling or a companies position dramatically deteriorating due to bad news. This is a modest bit of selling from a rapidly achieved high.
All I see now is that Bitcoin is 50 fucking k. Fifty fucking thousand dollars for a BTC. That's like a luxury car. Think about it. It's not "plunging". Fucking please.
Bitcoin was about 64k on April 14th. Now, less than 10 days later, it is just below 50k.
Whether you call it a plunge or not, that's a 22% drop.
I have a feeling that there's a LOT more gold out there than is generally assumed.
See also: diamonds.
Diamonds are literally forever. It’s the one of the most overly priced rocks we have. Once we found the caves with the unlimited supply the price didnt drop and just skyrocketed. We also have the ability to make the shit which is almost identical in composition to the natural. Never understood the allure! Give me a beautiful unique stone that prob no one has rather then a Diamond that’s so overpriced it’s disgusting that everyone has. That’s much more sentimental and thoughtful in my opinion.
And each half of that drop came in a matter of hours that rendered upside-down the previous weeks' long entry points. Anybody entering after the first week of March is in at a loss,
Who is involved?
I'm not in any crypto. It all seems like a scam to me.