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It wasn't just MATIC. There was a pretty much across the board selloff this morning, BTC, MATIC, ADA, ETH all took a kick to the junk....
Bitcoins/Litecoins/Virtual Currencies
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It wasn't just MATIC. There was a pretty much across the board selloff this morning, BTC, MATIC, ADA, ETH all took a kick to the junk....
Lanx
<Prior Amod>
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Yeah... Wicked down to $42.5k... Something is up, because both "Dat Wick".. and "Dat Volume" and the fact that it seems to be almost across the board on most crypto today....
Guess I'm back to HODLing for a while. heh
Lanx
<Prior Amod>
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That there's more money involved so it's harder for a few people or a panic move to effect the overall market.
This morning is crazy though, shades of the May crash...
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Rajaah
Honorable Member
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Daaaaamn. MATIC went from 1.65 when I went to sleep to 1.16 a little while ago. Bounced to 1.35 so it's back where it was a month ago. What an epic crash. ETH went from 3.9k to 3.4k which is still way up from a month ago.
My only regret is that I didn't sell VET too. It dropped from 15 cents to 12.1 cents since then.
Probably going to buy MATIC back in today. Basically I took my 1.57 cost basis, sold it at 1.71, now I can get back in at a 1.35 cost basis with 5-6% more or so. That works for me.
Looks like a universal crash followed by a rebound happened around 11:09 AM. People with low buy orders got some DEALS around that time...if their order filled fast enough.
My only regret is that I didn't sell VET too. It dropped from 15 cents to 12.1 cents since then.
Probably going to buy MATIC back in today. Basically I took my 1.57 cost basis, sold it at 1.71, now I can get back in at a 1.35 cost basis with 5-6% more or so. That works for me.
Looks like a universal crash followed by a rebound happened around 11:09 AM. People with low buy orders got some DEALS around that time...if their order filled fast enough.
Mist
REEEEeyore
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Izo
Tranny Chaser
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Arden
Blackwing Lair Raider
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yup, coinbase is acting the fool now
One thing I've learned: if you wait until any major "price crash" to try and liquidate, you aren't going to be able to do it. Pretty much all the exchanges lock up at least for short periods during a crash.
It's totally unacceptable, of course, and it's an indicator of how far the crypto market still needs to go as far as having legit trading platforms, but there it is.
Flobee
Vyemm Raider
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Last big crash I had a fairly significant amount of $$$ on exchange... somehow had 0 problem logging in while everyone else was saying it was broken for them. Things that make you go hmmmmmm
Arden
Blackwing Lair Raider
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Yeah it's kind of strange and spotty. I've never had a problem logging into an exchange, but I've had issues making moves during a crash. I got a "cannot complete this transaction at this time." But I've definitely also heard that people couldn't even log in.
Honestly, these exchanges are just held together with string and duct tape in a lot of ways.
Flobee
Vyemm Raider
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FUD as expected. Bitcoin is playing against the WEF, IMF, and other globalist organizations. Bitcoin game theory is political.
Whether you like what El Salvador is doing or not, their President is calling out the game exactly as I see it. Bitcoin is a tool to resist globalist control of the money supply. Dips will be manufactured to facilitate narratives, but long term number go up cannot be stopped
EDIT: At minimum, Bukele is a Bitcoin maxi shitposter which is lol-worthy if nothing else. I'm in for the LARP
Whether you like what El Salvador is doing or not, their President is calling out the game exactly as I see it. Bitcoin is a tool to resist globalist control of the money supply. Dips will be manufactured to facilitate narratives, but long term number go up cannot be stopped
EDIT: At minimum, Bukele is a Bitcoin maxi shitposter which is lol-worthy if nothing else. I'm in for the LARP
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