Strong bounce off of 31k.
Coinbase is working fine for me. Coinbase Pro is sluggish but seems to be working fine.
Coinbase is working fine for me. Coinbase Pro is sluggish but seems to be working fine.
The inevitable with digital currency seems to at least partially be happening.
It's hilarious because normally with stocks and equities you can ask simple questions in life such as "Why did the stock go up today?" and "why did the stock plummet today?"
Normally you have answers like "They had a huge salmonella outbreak in their food and it's going to require a ton of clean-up and public scrutiny, resulting in a drop in sales".
Can anyone give a rational answer for Bitcoin massively going down other than Elon Musk tweeted something?
It's hilarious because normally with stocks and equities you can ask simple questions in life such as "Why did the stock go up today?" and "why did the stock plummet today?"
Normally you have answers like "They had a huge salmonella outbreak in their food and it's going to require a ton of clean-up and public scrutiny, resulting in a drop in sales".
Can anyone give a rational answer for Bitcoin massively going down other than Elon Musk tweeted something?
sze5003
Lifer
- Aug 18, 2012
- 14,304
- 675
- 126
What my friend was saying but I don't think I'll buy more in case it continues nose diving.
Coinbase seems to be having issues now.
Icecold
Golden Member
- Nov 15, 2004
- 1,145
- 1,088
- 146
If you go to the coinbase home page it won't load, but if you go to https://www.coinbase.com/dashboard it seems to work just fine. Thank you for mentioning it was working @Roger Wilco it made me dig a bit deeper to see if I could get logged in, and going to https://www.coinbase.com/dashboard did the trick.
I've only been using the mobile app, which I haven't had issues with yet.
Regardless, I can't press the sell button with these diamonds.
Regardless, I can't press the sell button with these diamonds.
Icecold
Golden Member
- Nov 15, 2004
- 1,145
- 1,088
- 146
I was panicking at the price dropping, and was frantically trying to login to buy some more. I've just always assumed my sell button doesn't work - I've never attempted to use it
What about China? (Not doubting you - just can't tell if you're serious or joking)
FelixDeCat
Lifer
- Aug 4, 2000
- 30,823
- 2,628
- 126
The market has determined it was overvalued. As with an asset in free fall, selling begets selling.
heh, maybe we should take a hint for the stock market as a whole with the ol' statement of Sell in May and go away.
theeedude
Lifer
- Feb 5, 2006
- 35,787
- 6,197
- 126
What I like about bitcoin is that, unlike fiat currency, it's a stable store of value...
Fenixgoon
Lifer
- Jun 30, 2003
- 33,124
- 12,540
- 136
I would expect other countries to follow suit soon (except for the US...because congress)
Fritzo
Lifer
- Jan 3, 2001
- 41,920
- 2,161
- 126
China is threatening to ban crypto again, and the SEC is talking about regulations for US trading, so that's what's causing the sink. I'm in the hole for the first time since 2018
ultimatebob
Lifer
- Jul 1, 2001
- 25,134
- 2,450
- 126
China is threatening to ban crypto again, and the SEC is talking about regulations for US trading, so that's what's causing the sink. I'm in the hole for the first time since 2018
Yeah, any money that I made from Ethereum going up just got wiped out from Bitcoin and Ethereum crashing. I'm glad that I sold some Ethereum after it went above $4,000.
deadlyapp
Diamond Member
- Apr 25, 2004
- 6,660
- 737
- 126
I just found out that a good friend of mine quit his job because they wouldn't let him cash out his 401k to buy bitcoin, so he quit, so he could liquidate his 401k, and now is purely bitcoin speculating ( I guess??).
theeedude
Lifer
- Feb 5, 2006
- 35,787
- 6,197
- 126
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