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Bitcoin lost over 60% of its value in 2022 — here’s how much 6 other popular cryptocurrencies lost [hint: WAY more]
cnbc ^ | 12/23/22 | Cheyenne DeVon

Posted on 12/30/2022 6:42:40 AM PST by catnipman

click here to read article


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losses & gains 2022:

crypto:

Terra: -100% Solana: -93% AMP: -93% Cardano: -80% Ether: -67% Bitcoin: -63% Dogecoin: -55%

US Dollar: ~ -10%

DOW: -8.5% S&P: -19 NASDAQ: -33

OIL ETFs:

BNO: +60% USO: +50%

Commodity ETFs:

BCI: +13% PDBC +17% DBC: +17%

What's in your wallet?

1 posted on 12/30/2022 6:42:40 AM PST by catnipman
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To: catnipman

At least my Beanie Babies are safe!........................


2 posted on 12/30/2022 6:43:13 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

“At least my Beanie Babies are safe!”

indeed ... i have a few unopened Simpson Watches in my safe ... and some other stuff too that won’t be named in public, of course ...


3 posted on 12/30/2022 6:45:07 AM PST by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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To: Red Badger

4 posted on 12/30/2022 6:46:42 AM PST by Magnum44 (...against all enemies, foreign and domestic... )
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To: catnipman

Cabbage Patch Kids, Tab, Fresca, a couple Swatches, and a VHS of Mannequin?…


5 posted on 12/30/2022 6:47:21 AM PST by EEGator
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To: EEGator

I have some Thomas Kincade “Painter of Light” paintings.


6 posted on 12/30/2022 6:48:31 AM PST by dfwgator (Endut! Hoch Hech!)
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To: catnipman

About 18 months ago Bitcoin was at somewhere around $67,000. Last time I checked...about a month ago...it was around $15,000. Yiles!


7 posted on 12/30/2022 6:49:34 AM PST by Gay State Conservative (No Doubt Now: Stolen Election)
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To: catnipman

Bitcoin is the only one that can’t be inflated into oblivion.

There can only ever be 21,000,000 bitcoins.

20,000,000 have already been minted.

FTX was a Deep State money laundering operation that got exposed long before they thought it would.


8 posted on 12/30/2022 6:51:42 AM PST by E. Pluribus Unum (The worst thing about censorship is ████ █ ██████ ███████ ███ ██████ ██ ████████.)
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To: dfwgator

Any Bob Ross?…


9 posted on 12/30/2022 6:52:07 AM PST by EEGator
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To: catnipman

You gotta be one stoopid sumbich to get in on the tail end of this ponzi scheme.


10 posted on 12/30/2022 6:53:23 AM PST by HighSierra5 (The only way you know a commie is lying is when they open their pieholes.)
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To: catnipman
Bitcoin lost over 60% of its value in 2022...

I used to work in IT, so I somewhat understand "Blockchain", but I still can't grasp how you make something like Bitcoin out of nothing?

I think people are [slowly] beginning to realize "The Emperor Has No Clothes" when it comes to crypto currencies.

11 posted on 12/30/2022 6:55:29 AM PST by The Sons of Liberty (Ultra MAGA in Biden's Post Constitutional United Socialist States of Amerika!)
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To: The Sons of Liberty
It's not out of nothing

You have to use an incredible amount of computer power to solve riddles and then beat the final boss and save the princess. Then you get to mine a bitcoin.

Make perfect sense on what a currency should be based on.

12 posted on 12/30/2022 6:58:57 AM PST by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
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To: catnipman

If there is a gold standard among these mythCoins it will be bitcoin and then Ethereum. How much has Ethereum gone down? Because the originator seemed honest and solid and dedicated to the alt coin idea.


13 posted on 12/30/2022 6:59:51 AM PST by dennisw ("You don't have to like it. You just have to do it")
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To: dennisw

Ethereum “coin” is down to a third of what it was 365 days ago
https://www.bing.com/search?q=Ethereum&PC=U316&FORM=CHROMN

Bitcoin down to a third as well. Down from one year ago.
https://www.bing.com/search?q=bitcoin+price&qs=LS&pq=bit&sk=SS1&sc=10-3&cvid=5AB59104F656497CBF2BFEB543C12C03&FORM=QBRE&sp=2


14 posted on 12/30/2022 7:05:11 AM PST by dennisw ("You don't have to like it. You just have to do it")
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To: catnipman

The dollar isn’t what it once was either.


15 posted on 12/30/2022 7:08:25 AM PST by outofsalt (If history teaches us anything, it's that history rarely teaches anything.)
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To: outofsalt

I was going to post that; are our dollars buying 60% less in essentials?


16 posted on 12/30/2022 7:09:54 AM PST by kearnyirish2 (Affirmative action is economic warfare against white males (and therefore white families).)
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To: dfwgator

You have the originals?


17 posted on 12/30/2022 7:09:56 AM PST by Ken H (Trump /DeSantis)
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To: HighSierra5; The Sons of Liberty

You can still get non-fungible tokens!


18 posted on 12/30/2022 7:11:32 AM PST by outofsalt (If history teaches us anything, it's that history rarely teaches anything.)
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To: dfwgator

https://www.npr.org/2010/11/22/131517862/dark-times-befall-painter-of-light-thomas-kinkade


19 posted on 12/30/2022 7:12:42 AM PST by EEGator
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To: Magnum44

ROTFLOL!

I’ll have to see if my cat is interested ... probably not though ... unless fish treats are involved ...


20 posted on 12/30/2022 7:14:53 AM PST by catnipman (In a post-covid world, ALL "science" is now political science: stolen elections have consequences)
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