Bitcoin price slump continues. Now trading at $37,550.

INO.COM ^ | May 19, 2021

[Presbyterian Reporter]

Bitcoin price slump continues. Now trading at $37,550.

For those who bought Bitcoin at $63,000 a month ago, they are likely having some buyer's remorse.

[babble-on]

limbo down

[PGalt]

^

[Eagles6]

Elon Musk had a big hand in crashing it.

[nuconvert]

Very interesting last sentence

[Eagles6]

That's always been my point.

In a SHTF scenario, you won't be able to buy a can of beans with a bitcoin.

And with this present regime; no power, not internet isn't just a possibility, it's a likelyhood.

[bantam]

Oh, the games Wall Street plays to screw the retail guy!!!!

[TBall]

How many times has bitcoin done this? In a few months from now if it is all quiet and cheap I’m going to buy some.

[DoodleDawg]

The best way to make a small fortune investing in Bitcoin is to start with a large one.

[DoodleDawg]

The best way to make a small fortune investing in Bitcoin is to start with a large one.

[RC one]

It always seemed pretty suspect to me-a market supported by faith in the greater fool and nothing else. I stayed out of it and will continue to. This is not a buying opportunity, it’s a learning opportunity.

[C210N]

The forces taking down BTC is much larger than little guy Musk.

Precious-metals-backed NESARA/QFS is coming to town, and this new town won't have the likes of unregulated dark-cabal-owned BTC.

Looks like https://charts.bitcoin.com/btc/chart/price#5ma4 is having issues... DOS?

Coinbase DOS as well???

https://www.msn.com/en-au/news/australia/bitcoin-s-price-is-in-freefall/ar-BB1gTqOV?ocid=mmx&PC=EMMX20

Last I can tell, with BTC indices, is the "current" price around $31k.

There is a future for cryptos, but they will be regulated, they will be tied to the money supply and they will have precious-metals backing.

[Justa]

Musk is just the public face of the Deep State’s scapegoat. China’s policy ban on crypto currency is the actual reason of the panic. And since DC is owned by China it will soon be the case here.

https://youtu.be/Hmf4yj6nKfY?t=56

[dennisw]

Plywood is skyward! So glad I had a new roof put on a few years ago.

Inflation is running at a new (10 year?) high. Prices are up 4% since last April. But not on all groceries by any means. I see at me supermarket, many prices the same as last year or slightly down. My guess is the more processed the food, such as cornflakes and junk foods, those prices are up. EBT card holders hit the hardest especially if Cheetos and grape soda prices are up.

I heard on the radio how chicken wings are way up. So don’t eat this ultra-fatty crap that has minimal meat on it! Instead deploy drumsticks for BBQ! What I see are drumsticks are the same as last year. And those are what I like the most and buy the most. Unfortunately for me, watermelon prices look up 50 cents to a dollar.

I eat the Organic grass fed beef from Aldis-— Last year was always $5.30 or so. It is now at $4.99 per pound.

[dynoman]

How? If it’s that fragile it shows it’s true worth.

[BiglyCommentary]

A low of $29,560. That’s a 50% drop from the high of $60K.

What an awesome way to preserve the value of your “money”, losing 50% in under a month. /sarc

I warned people. Will be close to zero within a the next year or two.

[dennisw]

Musk is just the public face of the Deep State’s scapegoat. China’s policy ban on crypto currency is the actual reason of the panic. And since DC is owned by China it will soon be the case here.
https://youtu.be/Hmf4yj6nKfY?t=56
____________

THANKS! Headed to your youtube link right now. You are correct that it is China that is presently making BitCoin crater.

[dynoman]

Did you know that when one coal mine flooded in China it shut down a powerplant that in turn knocked out 35% of the bitcoin mining going on. China is pretty deeply involved in bitcoin.

[C210N]

Time to buy more...

Regardless of whether you were sarcastic or serious:

The time to buy more may be short, if it even exists now.

Coinbase quoting gives an error. I don't own BTC, but understand coinbase has been a popular vendor

Since BTC is incompatible with QFS/NESARA, one will not be allowed to buy it (legally) soon...

[BiglyCommentary]

“China’s policy ban on crypto currency is the actual reason of the panic.”

Right and so much of the recent rise were Chinese rich trying to get money out of the country. You’d have to be a fool to think the CHICOMS would not step in to stop that.

[Caipirabob]

Elon Musk might be a good start to look.