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26
Ok, maybe it's time to talk about this... (cryptorank.io)
posted 1 year ago by Pepe-le-Queue 1 year ago by Pepe-le-Queue +26 / -0
Crypto Crash is HERE: Bitcoin, Ethereum and XRP take a Big Hit | | CryptoRank.io
The crypto market just took a massive hit! Bitcoin broke below $100K, Ethereum tumbled under $3K, and XRP got crushed by more than 15%. What's causing this
cryptorank.io
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Comments (16)
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▲ 7 ▼
– Bibloop 7 points 1 year ago +7 / -0

Untethered coins like XRP, Hbar will rise like the phoenix

https://www.youtube.com/watch?v=1boL3KbklXU

What you're looking at is stock market and crypto crash as it's still coupled with Bitcoin, and TetherCoins was just taken off the market or delisted.

This is expected.. they say it will crash first because TRUMP IS RIPPING THE BANDAGE OFF. It'll be painful but those who stay strong and not budge and sell (like how they co-erce us into the vaccines) we're gonna make it!

Remember the Ukraine funds that Zelinsky didn't get went to the pockets of these politicians.. the ones we hate and the RHINOS... welp! I bet they invested it all on crypto to clean the money and now they're screwed. Either they cashed out, bailed, or rugs were pulled so they're screwed either way. Everything is connected when it comes to money laundering.

Stay patient.

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▲ 2 ▼
– Pepe-le-Queue [S] 2 points 1 year ago +2 / -0

Thanks Fren! Hoddling the line!

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▲ 5 ▼
– AfterGlow 5 points 1 year ago +5 / -0

Maybe because it's all a totally speculative environment completely unrelated to real goods or services?

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▲ 2 ▼
– UltraMagaOK 2 points 1 year ago +2 / -0

XRP facilitates fast, cheap international payments between different currencies for financial institutions. The value of this service is potentially enormous.

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▲ 2 ▼
– Bibloop 2 points 1 year ago +2 / -0

And with XRP we don't need CBDC!

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▲ 1 ▼
– redtoe-skipper 1 point 1 year ago +1 / -0

XRP = CBDC.

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▲ 1 ▼
– Bibloop 1 point 1 year ago +1 / -0

No , XRP is not CBDC CBDC means it’s controlled U can be canceled from a bank if they don’t like you. XRP is the liquidity of money in a free market.. and Made in USA

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▲ 4 ▼
– jhartz39 4 points 1 year ago +4 / -0

The international banks are quietly manipulating the prices and thus driving public interest of all the different investment markets. It is all a big ponzi scheme and the big banks are the power players.

JP Morgan holds the largest stockpile of silver in history. They drop a million ounces of silver on the market when the silver prices are high, they watch the price drop and buy back at a lower price. They make a fortune manipulating the price of silver. Keeping the price of silver low pushes people into other markets like crypto.

However, JP Morgan is also invested in crypto. Pushing people away from stacking silver, hoping to make bigger profits in the crypto markets, JP Morgan crypto investments skyrocket in value. JP Morgan can sell a large chunk of Bitcoin, people get scared and a chain reaction of sell offs occur and price drops. JP buys back at the lower price.

Meanwhile JP Morgan continues to increase the size of their silver and gold hoard while American people are betting on Bitcoin prices, hoping they get out a moment before the floor drops out.

At any moment the big banks like JP Morgan and Blackrock could sell their crypto at top dollar and the entire pyramid could come tumbling down.

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▲ 3 ▼
– sanscrimen 3 points 1 year ago +3 / -0

It seems like it has to do with the dollar rising massively against the Canadian Dollar and Mexican Peso, the dollar is worth more relatively and can as a result purchase more crypto.

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▲ 2 ▼
– Wearestillfree 2 points 1 year ago +2 / -0

You don't own anything unless you have physical possession of it. The same cannot be said about crypto.

With the incoming tariffs the price of gold and silver are expected to rise quite considerably.

There could be a strong under current of people moving from crypto and into God's money gold and silver creating a strong demand of people trying to protect their wealth.

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▲ 1 ▼
– redtoe-skipper 1 point 1 year ago +1 / -0

You don't own anything unless you have physical possession of it

Agreed

The same cannot be said about crypto

wrong. Not your private keys, not your coins.

But that is not even the biggest issue. What you see is the system trying to corner the market and scoop up as much BTC as they can. They all, all of a sudden, want a strategic reserve in BTC.

What does that tell you? Shake-out. So, all the scared asses selling their BTC is in their view a good thing.

This game was played in Silver. This game is played in Gold, this game is played with housing, land, or any other commodity that is considered essential.

There are two objects:

  1. To get BTC under control by owning the coins
  2. to get BTC under control by instituting movement controls. ( KYC etc) under the guise of consumer protection.

Replace BTC with any other essential commodity: water, food, land, housing, you name it. And all of a sudden the picture becomes clear.

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▲ 2 ▼
– Pepe-le-Queue [S] 2 points 1 year ago +2 / -0

Economic warfare? Tariff retalliation? Your thoughts, Pedes...

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▲ 4 ▼
– Just_dumping_fuel 4 points 1 year ago +4 / -0

not tariffs..

doge got the treasury admin PW to $5trillion. hit the pause on black site funds. upper management pulling the cord and running telling the minions to hold the line. yen carry trade on the menu. Cat sys is up and running. retired granny gonna learn her pension money was gambled away. media is ready to blame Trump. housing coming to a crash due to mass deports. interest on debt is close to what is brought in.

every wondered what 100 years of financial crime look like if it was stopped by a brick wall?

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▲ 2 ▼
– deleted 2 points 1 year ago +2 / -0
▲ 1 ▼
– Kunkussion 1 point 1 year ago +1 / -0

I want to see the crypto shills responses to this.

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▲ 1 ▼
– redtoe-skipper 1 point 1 year ago +1 / -0

O please give me a break.

The normal range of volatility is 20% for bitcoin. So we go from 102 to 91, recuperated to 94. The sky is falling!!!!!!! Hell, BTC can fall back to 75,464, and we would be still in the green! But, for all intends and purposes, price movement is still within the normal scope: north of 89K)

Sideways movement always is the same thing: shakeout territory. And all those people who took a bet and got crazy ass on it, well, ... have fun. Learn to read the map!!!!!!!

What do 107290 and 106290 have in common?

Comparing BTC to ETH is like comparing oranges and apples. And the peculiar duck in the row is XRP. Why? Because it is a private closed source blockchain where BofA and JPM are heavily invested in.

XRP got crushed with -15%.

Yes, and rightly so. That would have been different had Kneepad Harris been elected. XRP now has the beautiful task of re-imagining itself. It is a shitcoin!

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