Bitcoin Down 12% In Three Days

CNBC (Business News) ^ | 19 December 2024

[zeestephen]

Tuesday - $108,000 -- Thursday - $95,500 -- Rallied to $97,000 before I could post this!

[Ken H]

$96,587

[SunkenCiv]

The stock market has been a real knee in the groin, and as the delusion of crypto bubble pops, it's going to drag everything lower.

• Hawk Tuah' girl Hailey Welch has disappeared from public view after crypto rug pull [12/19/2024]
• Worldcoin must delete all iris scan data, watchdog says [12/19/2024]
• Trump calls for abolishing the debt ceiling [12/19/2024]

[SunTzuWu]

Up 128% for the year. I’m sitting on 500% for most of my BTC holding.

[Bobbyvotes]

Cash it out before it becomes 50% of your investment.

[cgbg]

Congrats.

Pigs get fat and hogs get slaughtered.

Reward yourself by cashing in some and buying something you want or need.

[Eccl 10:2]

Blah, blah, blah. People have been saying that about crypto from the beginning.

If you don’t like the volatility, don’t buy any.

I think you’re just jealous of all of us who have made money from crypto appreciation.

[central_va]

The new Tulip (mania) Bulb futures market bump.

[cgbg]

I still haven’t gotten over my envy of those who made beaucoup bucks from the pet rock craze.

Lol.

[taxcontrol]

At the start of 2020 (covid era), bitcoin was a little over $7,100.

[Vermont Lt]

Well…they said it was volatile.

Wait for the tax selling on the first.

Then it will go back up.

[RedMonqey]

The new Tulip (mania) Bulb futures market bump.

At least when that mania was over investors still had some for their investment...

Pretty Flowers.

But what will Bitcoin investors have?

Unless series of 1's and 0's!

[dinodino]

I’ll give you a wallet address and anyone who wants rid of their “useless series of [Bitcoin] 1s and 0s” can send them to me, FOC...

[BenLurkin]

invest in $Hawk

[aMorePerfectUnion]

If YOU would like to be on a CRYPTO PING LIST, please pm me.

The Crypto Ping List covers the following:

Bitcoin
Ethereum
Other coins built on the Ethereum blockchain mining
etc.

Thanks! For it - or ag'in it, it'll be a wild ride.

[SunkenCiv]

Nice! Way to deny reality.

[aMorePerfectUnion]

I suggest caution here with BTC.
Major support lies between $69k and ~$50k.

Nothing grows to the sky.

[dinodino]

I don’t invest in cryptuah

[Starboard]

What happens when ultra powerful quantum computers come along that are exponentially faster than today’s computers and may be able to break blockchain encryption?

[aMorePerfectUnion]

Here are the previous BTC percentage drops:

- $200 to $50: 75%
- $1,200 to $200: 83.33%
- $20,000 to $3,000: 85%
- $60,000 to $15,000: 75%

- $110,000 to $96,000: 12.73% (current)

Major support is lower from here.

Drops have happened about every 4th year by November/December

Risk only what you’re comfortable holding through volatile times.

I am not making a prediction. Just observing the history.