Are we waking up to a crypto market crash?

BTC is down to $9400, literally down $300 in just 10-20 minutes. Litecoin is down $4, Ethereum is down $20. BCH is down $30. Same timeframe.

This happening coincided with me reading this article about CME Futures and how it will affect Bitcoin: seekingalpha.com/article/4127657-futures-spell-end-bitcoin-mania

Bitcoin IS up by 700% this year alone, we went from $600 to $9700 in less than a year. This is really abnormal and really feels like a tulip mania, keep in mind I have been here since 2013 and I've seen the rises and the crashes, but this is the most insane rise I have ever witnessed. It took Google a company we use daily 10 years to get from $100 to $1000, it takes Bitcoin 11 months to get from $600 to $9700.

Then there's the "Can't cash out meme"
Then there's the fake tethers not backed by real USD.

What do you all think? We in for a huge crash or stallment of growth as the article predicts?

The difference is: Normal investment into companies like google is way harder than into cryptocurrencies

But that is just my opinion

Yes that all maybe true but does it answer the question as to why you are such a pessimist?

Don't you remember what happened some time ago? BTC dipped to 5.5k in 1 day then reached new ATH day after that. Current dip is absolutely nothing, it'll be ~20k before EOY.

BTC is up like $2000 from 2 days ago.

>acting like it wasnt extremely overbought and wont correct
>same for ETH

Maybe it's saturate this time

Did you get into crypto just a week ago? These noobfags are pissing me off...

> coin XY dipped 5%
> end of the world

>BTC is down to $9400, literally down $300 in just 10-20 minutes.
It went up $1000 in 2 days.
Are you really this fucking stupid?

Indeed. You cant buy half a google stock. Crypto is better and will replace the stockmarket.

Nigga what, nearly every fucking bank account with online banking has stock trading if you enable it, at least ING does.

The bubble burst everything is going to crash and burn. This day will go down in history

Get raped by fees

I just talk for myself. It was easier for me to get into crypto

Oh no. Exit all crypto markets. Quick. It's over. Ah.

pinkwojack.jpg

Not only BTC dude, every single coin right now is dropping. LTC is down $8 in the last 10-20 minutes. ETH is down $40. The supports were completely destroyed and it's still dropping. This isn't a joke man.

This other thread is going on about it: Also I've been in this since 2013 lol, not the past 2 days.

Also shitty posts like this: aren't helpful. I don't think this is going to rise forever and there will be a strong correction eventually. A very very strong correction.

Those fees were the reason I quit trading stocks. Fucking 5 dollars on a 60 dollar order? Got to leave all your money int he bank until you can do a 600 dollar order. Then you have to put it all in to a single stock that you dont even know will succeed. Cant follow the risk guidelines of never going more than 5% in to any risking investment.

Fuck the stockmarket. I hope it dies.

Well yes, this always happens when Bitcoin makes a big move. It represents the market cap. If it makes a big move up, it will suck up alt coins to make its self bigger. If it makes a big move down, it will shithem out in to a pile in your lawn.

why do corrections come in during us americans sleeping

BTC always moon when asian sleeping too

If there is a bubble and it does burst, would it be worth it to invest in cryptocurrency once it has flat-lined, or would the future of cryptocurrency become too uncertain?

My post is a shitpost, but yours is a masterfully crafted proof of what you say being true.
fucking retard

of course you dummy

Also shitty posts like this: aren't helpful. I don't think this is going to rise forever and there will be a strong correction eventually. A very very strong correction.

>burger logic
You're ~350m people. By no means meaningless, especially with the concentration of wealth, but still only about 5% of the world population. In most other countries you have to jump through hoops to trade stocks, either because the infrastructure isn't there or because socialist governments are openly hostile to the idea of their citizens having any significant say in their financial future.

Are people going to be lining up to buy it at 8000? Yes 7000? Absolutely 6000? Hell yes 5000? Good luck getting it that low etc
Its not crashing. Ever. Fixed supply asset and there is only ever 21 million of them. Think about that. 21 million for the whole world to fight over.

>in the market since 2013
>gets scared by fast price rises (not even that fast this month compared to earlier ones)
>believes Veeky Forums memes

Yeah... no

Mfw when OP's takes the dick out of his ass to fart out this LOW IQ retarded faggot post

Should I sell my 1.8 ETH and give in to BTC instead?

>should I sell my eth at the bottom of the dip.

Yes, sell low, buy high.

there are more than 220 million fiat millionaires across the world. spread evenly thats less than 0.1 btc per millionaire.

short it then pussy

I actually think they are linked. Wall Street is pumping millions into Bitcoin so they can make billions once they can short it. That way they can all short it at the same time and a ton of bricks is going to drop it sub 6k. They will make a killing off this

21M BTC is unrealistic. BTC disappear, wallet addresses are lost, people die, etc.

God your fudding skills are awful. At least please try not to look like a shill next time.

This is the principle of trading if you want profits kappa

>burger
I'm from germany

> he thinks banks won't be willing to buy 5, 10, or 50 million BTC if that is what it takes to protect their 100 million dollar longs

>Got to leave all your money int he bank until you can do a 600 dollar order.

That sounds very much like a poverty problem.

Of course we're gonna crash. Anyone who thinks otherwise is deluded.

Please, keep perpetuating this fud, so normies stay out of the business and we can keep making easy money

You have shit brokers in the USA then, my fee is only 0.25%