Bitcoin Thread 2 Satoshi

OutlawJoseyWales said:
Anyway, I don't wish for Bitcoin to collapse, it's just the way I see things playing out.

Hope you guys continue to make good money off of Bitcoin.
Click to expand...
More BS from you. No one in this thread indicated you should put all your life's savings and 2nd homeloan in Bitcoin nor is it the point of this thread... A modest holding of Bitcoin should be part of every well-balanced portfolio.
 
Smiggles said:
More BS from you. No one in this thread indicated you should put all your life's savings and 2nd homeloan in Bitcoin nor is it the point of this thread... A modest holding of Bitcoin should be part of every well-balanced portfolio.
Click to expand...

Oh shut up will you. I never at all said that is what you said. That would be a profoundly stupid thing to do.

Remove the carrot from your a$$ as you're just being antagonistic for the sake of it now.
 
ok... which one of you lost lots of money last week

come now, tell us we can all pick up on the tension in the room
 
Wrath of Khan MD said:
ok... which one of you lost lots of money last week

come now, tell us we can all pick up on the tension in the room
Click to expand...

None. Other than electricity and some wear and tear, I have never bought any crypto. I have a small pool on Binance, and I couldn't play with it anyway since Binance made it all null.
 
OutlawJoseyWales said:
Oh my word, you sound like the cult followers of Max Keiser who think Bitcoin will usher in world peace and other such ridiculous notions.

I used to really respect Max, but he has gone off the deep end.

Edit: I see that I replied to an old post. My point still stands though.
Click to expand...
Both thjngs can be true

All of them are clowns and never could be respected

And btc has such a cult following
That the value keeps climbing

As long as there are growing numbers of believers the price will go up iver time in the ling term witb violent swings in the short term

I once thought bitcoin was a beautiful invention. Now i just own it because it is a cult
 
I've given up trying to explain BTC to non-believers. I just figure i'll DCA their Satoshis over time.
 
jirre the crypto media, random tea leaves reading 'tards the lot of them

so the big crash after stabilizing was roughly an 8% drop after the biggest liquidation event in the history of crypto ($125k -> $115k)

but today we're sitting another 9.5% lower than that ($115k -> $104k) and the reason is a pitiful $800m liquidation event?!?
www.coindesk.com

Bitcoin Loses $106K as Bullish Crypto Bets Rack up $800M in Liquidations

Bitcoin accounted for roughly $344 million in losses, followed by Ether at $201 million, and Solana (SOL) at $97 million.
www.coindesk.com www.coindesk.com

I swear the next time I seek to understand a big market dump I'm just gonna take an actual dump in the toilet and ask it what it thinks, bound to be at least as accurate as the media
 
NarrowBandFtw said:
jirre the crypto media, random tea leaves reading 'tards the lot of them

so the big crash after stabilizing was roughly an 8% drop after the biggest liquidation event in the history of crypto ($125k -> $115k)

but today we're sitting another 9.5% lower than that ($115k -> $104k) and the reason is a pitiful $800m liquidation event?!?
www.coindesk.com

Bitcoin Loses $106K as Bullish Crypto Bets Rack up $800M in Liquidations

Bitcoin accounted for roughly $344 million in losses, followed by Ether at $201 million, and Solana (SOL) at $97 million.
www.coindesk.com www.coindesk.com

I swear the next time I seek to understand a big market dump I'm just gonna take an actual dump in the toilet and ask it what it thinks, bound to be at least as accurate as the media
Click to expand...

I remember my 1st beer.

9.5% is nothing

Buy NOW
 
and then you have headlines like this: "current dump equals FTX dump", in what f-ing universe?!?
cointelegraph.com

Realized Bitcoin Losses Rise To FTX Crash Levels: Glassnode

Realized losses on Bitcoin have risen to levels last seen during the FTX crash, with short-term holders driving the capitulation, according to Glassnode.
cointelegraph.com cointelegraph.com

FTX was part of a dump from $65k all the way down to $16k ... that's 75% down from the top

right now we're at $83k, $42k down from ATH at $125k ... 33% down from the top

suuuuuuuure dumbfahks, it's "FTX level", NOT
 
NarrowBandFtw said:
and then you have headlines like this: "current dump equals FTX dump", in what f-ing universe?!?
cointelegraph.com

Realized Bitcoin Losses Rise To FTX Crash Levels: Glassnode

Realized losses on Bitcoin have risen to levels last seen during the FTX crash, with short-term holders driving the capitulation, according to Glassnode.
cointelegraph.com cointelegraph.com

FTX was part of a dump from $65k all the way down to $16k ... that's 75% down from the top

right now we're at $83k, $42k down from ATH at $125k ... 33% down from the top

suuuuuuuure dumbfahks, it's "FTX level", NOT
Click to expand...

They are referring to losses in USD. Not percentages.
 
Forum Reader said:
They are referring to losses in USD. Not percentages.
Click to expand...
which is a nonsensical measure given the market cap is orders of magnitude higher now than it was then

it's the same as measuring USD income of a company in 2025 and comparing it directly to a 1990's business without adjusting for inflation
 
Courtesy of ChatGPT:

BTC Market-Cap and Price Impact Comparison​

Table: FTX Collapse vs. 2025 Six-Hour Crash​

EventBTC Market-Cap Loss (USD)% BTC Price/Cap DropTimeframeSources
FTX Collapse (Nov 2022)~$70 billion (estimated from a 22% price decline on a ~$319B cap)16.3% decline during November 2022~1 week of accelerated decline (sharpest portion)
2025 Six-Hour Crash (Triggered Current Downtrend)~$120 billion BTC market-cap wiped out in a day (with the steepest portion occurring within ~6 hours)≈23% monthly drawdown from local highs, with peak-to-trough estimates up to ≈30%6 hours for the acute crash; larger downtrend unfolding over days

Summary​

  • In absolute dollars, the 2025 crash wiped out ~$120B from BTC cap — nearly double the ~$70B lost during the FTX collapse.
  • In percentage terms, the 2025 event (23–30%) was more severe than the FTX collapse (~16%).
  • In timeframe, the 2025 event was dramatically faster, with most of the losses occurring in ~6 hours, compared to roughly 1 week in the FTX episode.
 
YouTubers are always saying, when we hit extreme fear: buy.
Fear is down to 11.
I'm buying all the way down. I want it back at those sub-$70k levels before it recovers, payday is coming.....
 
You must log in or register to reply here.
Back
Top
Sign up to the MyBroadband newsletter
X