How ever will they recover?
They won’t.
The crypto slide continues, almost unabated. Over the past 24hrs, BTC is -19%, ETH -22% and #BTC cash -28%. The overall value of the ICO market, including BTC, is now down to $100 billion. To put this into perspective, I was discussing how horrible a bubble this was when the cap was $85 billion.
Over the past hour, Litecoin has dropped by 8% and Ethereum by 3.5%.
The peak for Ethereum, the thing that this whole ICO scam is predicated upon, was on 9/1/17 at $398. ETH is now trading at $199.
I hope all cryptocurrency holders a very good evening. pic.twitter.com/OKV2OUXQYI
— The_Real_Fly (@The_Real_Fly) September 15, 2017
Good morning cryptocurrency holders! pic.twitter.com/xJztUlG5KB
— The_Real_Fly (@The_Real_Fly) September 15, 2017
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….and, so? Who’s going to be the first to say this is a mini correction as well as a great opportunity to BTFD and enter the casino because BTC, ETH, etc are as good as gold…holding and preserving value? Anybody…?
This is a mini correction as well as a great opportunity to BTFD and enter the casino because BTC, ETH, etc are as good as gold…holding and preserving value.
Crypto has done this many times.
https://twitter.com/coinspeak_io/status/908388983339544576
Bitcoin was overheated. A correction was needed. It will resume upwards. The asswipes calling for BTFD at 4k are idiots. However, keep an eye on charts. We may be confirming a recovery already.
https://www.youtube.com/watch?v=SoqZutsd1m0
I’m not trading this at all, but the feeling I get when I watch it is the same as I had watching KBIO do it’s thing a couple years ago. Distain and desire to see people BTFO.
There is this amazing cryptocurrency that’s accepted in literally every country in the world, it’s called physical gold and it has held it’s value for over 3000 years.
Bitcoin is for people that can’t tell the differnce between a great technology/company and a great investment. Millenials are all over it, just like Tesla and Netflix.
Fly each time Bitcoin recovers and reaches new all time highs, do you ever go back and read your past posts? They’re pretty funny. Not many people can be so consistently wrong for so long and not learn their lesson. Exceptions include people like Peter Schiff who is still shilling gold 15 years later.
While I do think Fly thinks cryptos are a steaming pile of shit and expects them to disappear one day, I believe many of his previous posts were just trolling at cryptofags.
When Bitcoin dropped from $3,000 to $1,800 and he called BTC dead, I don’t believe he actually thought Bitcoin was going to disappear at that time but he did take a lot of pleasure in writing that to rile up the cryptofags.