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Wipe Out! Bitcoin Falls Below $20,000 As Crypto Slaughter Continues (Good Luck With Soaring Gasoline And Food Prices On July 4th Weekend!)
Confounded Interest ^ | 07/02/2022 | Anthony B. Sanders

Posted on 07/02/2022 7:06:28 AM PDT by Browns Ultra Fan

Wipe out!

Crypto markets have slumped, adding to a decline that has wiped away some $2 trillion of market value and left market participants uneasy heading into the long Fourth of July weekend.

Bitcoin has fallen below $20,000 as the US Dollar strengthens.

At least Dogecoin is up today.

Enjoy your expensive 4th of July weekend! As long as you don’t eat much due to expensive food prices or drive anywhere due to high gasoline prices.

At least the Biden Administration is doing what The New World Order is making them do. Or The Liberal World Order.

Biden looks like he is saying “Kiss me you Statist fool!”

(Excerpt) Read more at confoundedinterest.net ...


TOPICS: Business/Economy; Food; Government; Politics
KEYWORDS: biden; bitcoin; blockchain; blogpimp; cryptocurrency; dogecoin; food; gasoline; onecoin; ponzischeme; reinhart
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Biden's advisor admitted Biden is following the WEF's Klaus Schwab's marching orders. Can't we have a pro-American President again? Trump? Reagan?
1 posted on 07/02/2022 7:06:28 AM PDT by Browns Ultra Fan
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To: Browns Ultra Fan

They use a lot of electricity to get one bitcoin


2 posted on 07/02/2022 7:18:51 AM PDT by butlerweave
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To: Browns Ultra Fan
I'm not worried.
In fact, I'm so relaxed that I'm going to spend the weekend shopping for tulips.
Tulipmania be damned!

/S


3 posted on 07/02/2022 7:22:16 AM PDT by GaltAdonis
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To: Browns Ultra Fan

11/2021===> $67,000
Today=====> $20,000


4 posted on 07/02/2022 7:22:38 AM PDT by Gay State Conservative (Covid Is All About Mail In Ballots)
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To: Browns Ultra Fan

Cryptocurrency has always been an electronic Ponzi scheme.


5 posted on 07/02/2022 7:24:42 AM PDT by allendale
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To: Browns Ultra Fan

The problem is that those invested in Crypto are the same who’ve lost big in the stock market, and they need to cover those losses.


6 posted on 07/02/2022 7:25:13 AM PDT by G Larry (Anybody notice that Satan is hard at work?)
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To: butlerweave

Some people on this site like Bitcoin. Anyone who got into Bitcoin early is way ahead and it has been a great investment for them.


7 posted on 07/02/2022 7:33:47 AM PDT by Dilbert San Diego
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To: Browns Ultra Fan

Buy crypto they said....you’ll clean up they said......you’ll be a millionaire they said

👎👎👎👎👎👎


8 posted on 07/02/2022 7:35:48 AM PDT by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: G Larry

“The problem is that those invested in Crypto are the same who’ve lost big in the stock market, and they need to cover those losses”

Sounds a whole helluvalot like gambling don’t it?

I can piss my own money away just fine......I don’t need any help. Lol!


9 posted on 07/02/2022 7:37:33 AM PDT by V_TWIN (America...so great even the people that hate it refuse to leave)
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To: butlerweave

They pay for the electricity, so what do you care?


10 posted on 07/02/2022 7:41:00 AM PDT by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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To: G Larry

—> The problem is that those invested in Crypto are the same who’ve lost big in the stock market, and they need to cover those losses.

Fortunately, I followed my investment strategy to exit the stock market before the carnage.

Fortunately, I followed my investment strategy to exit the crypto markets before the carnage. Fact is, I made enough to buy an apartment complex in San Antonio that pays us monthly - plus great depreciation!

The risk isn’t the investment.

It’s the investor who hasn’t educated himself and has no risk controls.


11 posted on 07/02/2022 7:44:18 AM PDT by aMorePerfectUnion (Fraud vitiates everything. )
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To: Browns Ultra Fan

It will only be for a short time, if the US falls.
It will be a very terrible short time, but short.

Christ is coming.


12 posted on 07/02/2022 7:52:26 AM PDT by Jonty30 (I would sell my family for a billion dollars and then buy them back when go on clearance.)
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To: Browns Ultra Fan

We’ve got another idiotic German that wants to take over and rule the world. The POS needs to end up just like that last one did.
In the meantime FJB, FDNC, Fglobalists


13 posted on 07/02/2022 7:56:16 AM PDT by lgjhn23 (Pray for America....)
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To: V_TWIN
I prefer to blow my money on the three "W"s.

Women, wine and whiskey.

Not necessarily in that order.

14 posted on 07/02/2022 8:00:45 AM PDT by SamAdams76 (3,411,450 active users on Truth Social)
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To: Browns Ultra Fan

The Whales that hyped Bitcoin for years were the first to dump. Classic pump and dump.


15 posted on 07/02/2022 8:11:58 AM PDT by Huskrrrr (Alinsky, you magnificent Bastard, I read your book!)
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To: Browns Ultra Fan

Bitcoin was less then 3 cents in 2010


16 posted on 07/02/2022 8:30:20 AM PDT by Trump.Deplorable
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To: Gay State Conservative

2025 ====> 3 cents back to its original price in 2010


17 posted on 07/02/2022 8:31:07 AM PDT by Trump.Deplorable
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To: Dilbert San Diego

Its not an investment

Investment usually means something of tangible value

Bitcoin has no value, it is basically musical chairs until the music stops and a lot of people will be holding onto worthless electrons.

Bitcoin is a gamble


18 posted on 07/02/2022 8:32:43 AM PDT by Trump.Deplorable
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To: Browns Ultra Fan

My leftist family invited us to a party for a neice who could not keep her legs closed. It would have been 5 hour drive at current gas prices so we could suffer through their leftist celebration and end up warring over politics.

We decided to stay home and march in the July 4th parade instead.


19 posted on 07/02/2022 8:39:36 AM PDT by joma89 (Buy weapons and ammo, folks, and have the will to use them.)
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To: Trump.Deplorable
Bitcoin has no value, it is basically musical chairs until the music stops and a lot of people will be holding onto worthless electrons.

You can say the same thing about the dollar

20 posted on 07/02/2022 8:40:48 AM PDT by ProudGOP
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