iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
21,264 Blog Posts

THE CRYPTO RUN IS OVER; PREPARE FOR CATASTROPHE

I was right and deserve credit — for calling today’s crash in cryptos. I see there is a small bounce here, as retards ebb into ETH sub $3400 hoping for some elasticity to propel them tonight back to $4k; but that has been canceled.

Although very long and very bullish for the long term, I do believe the NFT market has caused a bubble that we have not seen since DOGE topped us out that one Saturday amidst Elon Musk chicanery.

Markets look ok — but I suspect the selling in the crypto market isn’t done yet. I’d look for a retest of $3k for ETH before even thinking about adding to an already large position.

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4 comments

  1. jacktheripper

    ETH already tested 3K on the dip, boomer.

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  2. cancel19

    I agree. BTW I placed an order on Coinbase two minutes into the ETH flash crash. Then later I got an email from them stating that they are sorry but it wasn’t executed. Nice indeud! ?

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    • roguewave

      Dear Coinbase bagholder,

      Oooops, sorry we were caught off guard by the volume! Again. Who would have thunk it? Our premium clients were able to exit. Increase your investment to just $10 million to join our Platinum Club!

      We raised a ton of money on the sale; but sadly didn’t have a chance to put a penny back into infrastructure just yet.

      We are sorry we have let you down over the last 6 or 7 crashes. However, we are are very proud of our progress toward our diversity in staffing initiative! We will try harder next time. Honest. We really mean it this time. Really. Not kidding. Would we kid you?

      Mx. Pat X
      Bagholder Support Specialist.

      I cleared my account many crashes ago.

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  3. wolfdaddy

    Whatever. This past Jan just about every online broker did the same shit, and they have been at this for years. Every time there is a flash crash bank on your piece of shit online brokerage crashing also

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