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Is anyone else starting to become a bit worried? mod note in first post

Autochange

Bear markets
Fud
Regulation
Wall Street manipulation
The supposed tether ticking time bomb

What are your thoughts? Have you cashed out? Have you been buying the dips?

MOD NOTE:
Its good to see healthy debate and discussion taking place and I am sure every supporter of cryptocurrency and blockchain can agree that the contrarian viewpoint is worthwhile reading, if only to act as an anchor and help prevent investors from getting carried away in an echo chamber of "everything is wonderful, just keep going"

However, there have been a few reported posts recently which I did not action as I wanted to see the thread level out itself rather than start forcing viewpoints and I have been in two minds about that decision.

I'm not going to single any posters out but I'm going to ask that all posters read the forum charter and I want to point out that it was established years ago in the Television forum, that dropping in on a forum to tell the followers of that forums topic (in that case a particular tv show) that it was all crap and only idiots watched it etc etc was the exact definition of being a dick and attempting to troll. I know this because I was the mod of the forum at the time. Now look at the forum charter again.

There is pretty much one rule on this forum : if you cannot discuss in a civil manner, and I mean discuss, not soapbox or attack, then you have absolutely no business posting here and I have no qualms about removing your ability to do so.

This forum is for people that have in interest in cryptocurrencies, blockchain and their application to financial investments. that can be positive or negative but if you really feel the need to start pulling out memes / hiding insults in imaginary hashtags / attacking personalities or just generally being a dick there are other forums you can post in where I will let the local mods determine if it is within the scope of allowable behaviour. Here, it is not.

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[Deleted User]

Chuckie_Egg wrote: »

Not the first time the NSA was able to crack SHA-256. Remember they were able to unlock that iphone when Apple refused.
Then again it was the NSA that invented SHA-256, so they would be in the know

They unlocked the iPhone using a vulnerability that has since been patched and they paid for it
"FBI paid under $1 million to unlock San Bernardino iPhone: sources | Article [AMP] | Reuters" https://mobile.reuters.com/article/amp/idUSKCN0XQ032

NomadicGray

Dohnjoe wrote: »

Am out of the loop, what happened?

FBI secured a bitcoin wallet that ransom was sent to recovering the ransom. Most likely by getting the private key

HGVRHKYY

Repo101 wrote: »

The problems stems from fiat at the moment. Too much printing of fiat (Euro, USD etc) has resulted in inflated prices of assets. This is naturally going to reduce the price of assets over the coming months and has already done so. Central banks have no tools left and if the USD loses its reserve status then cryptos are going to be in much bigger trouble.

I was hopeful by now we would have had some real use cases as a fiat replacement or at least a map of how DeFi integrates into the financial system but, at least to me, it feels as if we are still 5-10 years away from those real discussions.

Also, in the long run it's very difficult to see BitCoin and Ethereum maintaining this kind of growth when both are hugely flawed coins. Proof of stake will also fail miserably as a way of achieving consensus as votes can be used for both sides of a fork! The same arguments that are made about $hitCoins can easily be applied to the big two.

DeFi is only a year or two old basically, how could it not feel like it's at least a few years away from coming into its own

el diablo

Chuckie_Egg wrote: »

Not the first time the NSA was able to crack SHA-256. Remember they were able to unlock that iphone when Apple refused.
Then again it was the NSA that invented SHA-256, so they would be in the know

They didn't crack SHA-256. This was an extremely obvious and transparent false flag ransonware attack by the alphabet agencies.

wotzgoingon

I cracked a secure password once. I got high and remembered the password.

Did I mention the secure password was my own. :pac:

[Deleted User]

Chuckie_Egg wrote: »

Not the first time the NSA was able to crack SHA-256. Remember they were able to unlock that iphone when Apple refused.
Then again it was the NSA that invented SHA-256, so they would be in the know

[Citation needed]

Chris_5339762

Badly fukt wrote: »

You must be new to this! Hodl

I am indeed. Started at the worst possible time.

I shall hodl for now.

el diablo

All the meme-coiners will be shaken out of the market and will probably jump back in when BTC goes to $100k. These folks are ridiculously easy to manipulate.

FutureTeashock

Chris_5339762 wrote: »

I am indeed. Started at the worst possible time.

I shall hodl for now.

You paid a heavy price for that Elon Musk Fanboy membership.

Jeff2

All looking good now:)

FutureTeashock

Jeff2 wrote: »

All looking good now:)

It's not very nice to mock people as their portfolios evaporate before their eyes and hopes and dreams are shattered.

If only they had a crypto coin for class.

Jeff2

FutureTeashock wrote: »

It's not very nice to mock people as their portfolios evaporate before their eyes and hopes and dreams are shattered.

If only they had a crypto coin for class.

No, I think it is going to go up as a few were that's just my take on it.

Look Coin that is not a coin but on matket.

FutureTeashock

Jeff2 wrote: »

No, I think it is going to go up as a few were that's just my take on it.

It looks more like a death spiral to me, but I know very little about crypto lol.

Jeff2

I don't by green or red as that is only a sure way to not not the price of coins.
What looks green may be red and opposite.

One needs the know and following prices.

GooglePlus

Jeff2 wrote: »

I don't by green or red as that is only a sure way to not not the price of coins.
What looks green may be red and opposite.

One needs the know and following prices.

Isn't it always either green or red though, unless somehow stagnant for a while, which is unlikely to happen for more than seconds with crypto.

GooglePlus

FutureTeashock wrote: »

It looks more like a death spiral to me, but I know very little about crypto lol.

A death spiral upwards?

Irish_rat

It does appear a lot of money is leaving the market, bear incoming?

HillCloudHop

Irish_rat wrote: »

It does appear a lot of money is leaving the market, bear incoming?

I really hope so. Bear markets are the best time to buy.

Mastroianni

Badly fukt wrote: »

You must be new to this! Hodl

will I hold too? to trading, no theter, just hold an pray the god of crypto (which is an a$$hole)?

antimatterx

Grim out there...

fritzelly

Rekt showing a LOT of liquidated longs

bosco12345

Crypto would have you in the absolute pits

massdebater

Unless you need to sell soon, you'll only wreck your head checking it constantly. At least the stock market closes for the weekend.

Jeff2

bosco12345 wrote: »

Crypto would have you in the absolute pits

ETH

namloc1980

Big drops all round over night and this morning.

Jackben75

China fud and manipulation of course:pac:

Chris_5339762

I'm now down 33% in my first little crypto portfolio. I was promised to be up at least 3,000% by now.

I shall continue to wait for the amazing recovery and will hand my notice into my boss in anticipation of riches.

seannash

Chris_5339762 wrote: »

I'm now down 33% in my first little crypto portfolio. I was promised to be up at least 3,000% by now.

I shall continue to wait for the amazing recovery and will hand my notice into my boss in anticipation of riches.

Who promised you those returns

iwillhtfu

seannash wrote: »

Who promised you those returns

*Sarcasm

ShaneU

bleak