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Thread 61085938

12 posts 8 images 7 unique posters /biz/
Anonymous (ID: EGjaw1+G) No.61085938 >>61085947 >>61085957 >>61085974 >>61086048
Did this change the fundamentals?
>a bunch of whales, or some nation state
>showed that the market is 100% their bitch
>and they can make it all go to 0 at any moment they wish to do so
>all decisions going forward must take it into account
This just signaled that all crypto are permanently pozzed assets.

To what extent did this just permanently alter the fundamentals? Will institutions get the fuck out of crypto ASAP? Did this just kill the entire narrative of store of value?
I'm wondering if this was a death blow that crypto will never recover from. It will continue to exist, at 10% of current valuations, but will never come back from this.

Imagine if war breaks and a nation state decides to nuke all crypto as part of the war process. All your shit will be gone for weeks, months or years, and there's absolutely nothing you could do about it.
Anonymous (ID: Wjfbf47L) No.61085947 >>61085960 >>61086076
>>61085938 (OP)
> -15%
fundamentalz changed!!!
Anonymous (ID: u79wiDuH) No.61085957 >>61086076
>>61085938 (OP)
Bitfuck went down 10% or some shit, it's a nothingburger. And no one gives a shit about alts, if you don't already expect flash crashes of 99% then you're in over your head. Basically you're fucking retarded.
Anonymous (ID: EGjaw1+G) No.61085960 >>61085965
>>61085947
It most likely was just a warning shot to send a message. They rekt the alts. If they rekt BTC -75% in one candle that would actually kill crypto, it wouldn't be a warning strike.
Anonymous (ID: Wjfbf47L) No.61085965
>>61085960
>If they
Anonymous (ID: q7lckb9D) No.61085974
>>61085938 (OP)
Anonymous (ID: u8rCVKLE) No.61086001 >>61086076
it was leverage forcibly unwinding.
Anonymous (ID: +crXxTrh) No.61086048
>>61085938 (OP)
fundamental still same, swap to btc on houdini and earn usdc right away and profit when it back to ath
Anonymous (ID: EGjaw1+G) No.61086076 >>61086119 >>61087064
>>61085947
>>61085957
>>61086001
It wasn't a normal event.
Exchanges were hacked. (It wasn't announced yet)
Stops didn't trigger.
Insiders moved beforehand.
It was a coordinated attack by someone. A show of power. Either USA or China.
Anonymous (ID: Wjfbf47L) No.61086119 >>61086152
>>61086076
>(It wasn't announced yet)
Anonymous (ID: EGjaw1+G) No.61086152 >>61087064
>>61086119
I don't know maybe it was announced somewhere, I'm not following shit to get obvious info.
Anonymous (ID: kOB8gp2s) No.61087064
>>61086076
>>61086152
GUESS THEY FORGOT TO UPDATE THE BLOCKCHAIN EXPLORER KEK!