Interesting article Camel. That’s a lot of liquidations. Been some analysts kicking Crypto over the past few days (JPM in particular) and some suggestion if rotating into Gold as being a better trade. With markets like Crypto and the big moves presumably stops don’t work. The leverage multiples ...

Stomach or stupidity Vexed?

"Cheezey hear what you are saying but in the past hour its gone down 10%. Generally thats considered a dump, but for Crypto its a mid (US) morning burp. The range on the day is 37,096.574 - 42,172.17 a 14% range."

"True Dagenham but the Chinese message was ramped up. To quote Counbase ‘China’s crypto warning on Tuesday may look similar to previous notices. However, it conveys a pointed message to commercial banks and payment companies that have been friendly to crypto-related businesses.’ ‘ The Nation...

Chill how did you deal with it when you finally realized you weren’t the sharpest knife in the intelligence drawer?

Oh look the HARD man is back

And Vexxed all I said was my investments were doing quite nicely. Actually most peoples investments if they’ve invested over time have done pretty well. Its not been difficult to make money in the past 10 years. Most on here will have seen their nest eggs or house property values grow. Many retire...

"Never said I was really successful did I Vexxed. Aren’t you the King Of Crypto? Funny, every other person Ii know who trades finds alternative views useful. Don’t you get alternative views on Reddit? You pimp Bitcoin because as a holder the more lemmings you suck in the more money you make. Per...

"Ok Camel, getting liquidated takes out a player. Just surprises me another steps up to the plate, but then there will be some playing the short term game I guess"

We can’’t all live on Social Chill. Someone has to pay taxes.

Not taking any pensions money yet Vexxed and my investments seem to be doing quite nicely. Retired early. Thanks for your concern.

"And Vexxed, now Bitcoin and Dodge only up 19% each. Still a good morning selling to new innocents after the Reddit post of ‘To the moon!’"

I doubt if you remember much when you are drinking Keel.

"Chill, you and Vexxed are why this forum might not last much longer. As you remember I posted that we might not have been ready for the CL and the Europa was tough, even with its recent changes, with the number of games. You decided that having that opinion made me not a real fan and that I had sex...

Can’t keep up with the nonsense Dodge up 70% and Bitcoin up 37%. No doubt Vexxed is reading all of the market information that explains this. The only market information I can find is ‘ Dogecoin is about to reach $1. Elon Musk just tweeted. This is him hinting that he is about to buy in!! Zoom i...

Dodgecoin is up 44% today and Bitcoin 22%. You think they’d make the manipulation a little less obvious. Eventually finding enough new idiots to enter the bottom of the pyramid is going to be difficult.

"Where do I read Vexed? I read plenty of the financial press because I used to work in Finance. Or should I be reading Reddit or something? Funny how I survived so long in the trading world with products way more complex than crypto. I saw plenty of scams along the way as well, most that were little...

"Vexed, why are you so rude when someone has a different opinion on this? Are you that insecure about Bitcoin that you think you have to attack someone with a different opinion? I don’t trade it, I’m not going to have any impact on the market by commenting on here. Why the need to suggest I need...

"Camel but thats hardly an unusual situation is it? Happens in other markets and has done for decades but not to the extent seen yesterday. Margin rules also are built to provide some protection against the domino effect. What your explanation doesn’t provide is any explanation for the move down a...

"Bitcoin has halved its losses today so only 10% and Dodge has recovered to only be 24% down. The only news I can find to explain the BYC recovery is a new Musk tweet emojis of diamond hands. Nice for the Mega wealthy to be able to move asset values up and down so much with a couple of tweets. I mig...

Now down 23% on the day and Dodge down 32%. Clearly ‘someone’ selling ‘loads’.

"Vexed, never fall in love with an asset you are trading."

"Vexed, volatility is good for Traders, thats how they make money. For Investors increase in the value of the asset is good not volatility. Ok if Musk is lazy reporting fine but what is it? People having to find money for tax payments? People who promote Bitcoin on the way up will talk at great leng...

"While holders I presume expect it to be volatile at the present moment BTC is down 40% from it high - in a month. Long term holders may be fine but that does suggest some recent buyers have lost a lot of money. Is this all Musk? Is this threats from some countries over its legality? Not having a po...

"Interesting podcast on Crypto, in this case Dodgecoin. If nothing else its an insight into how the people who trade this think. The Daily is a NY Times podcast. https://the-daily.simplecast.com/episodes/20210514-hvO_gDUO"