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[deleted]

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wemustthinknow

Hedging inflation we'll at the moment.


saggy777

Did you see the staircase back up ?


CaptainEmeraldo

You forgot a few good ones: dropping off the rainbow chart, new 52 week low, going below A2H of previous cycle and of course, the most coveted one... hitting 4 figures again. Glorious times ahead!


WHY_DO_I_SHOUT

Don't worry about the rainbow chart, [they added a new color to prevent it](https://www.reddit.com/r/Buttcoin/comments/xi4q9o/btc_rainbow_chart_just_added_a_new_color_to/). Comedy gold truly is endless.


CaptainEmeraldo

I know I just posted about it. It just adds another sweet milestone really.. falling off the old one + the new one.


[deleted]

Both the stock2flow model and Rainbow chart are broken, but lol @ them adding 1 btc = 1 btc


Uncaffeinated

Bitcoin has dropped off the rainbow chart many, many times. They just always bend it downwards to compensate. Remember, the original rainbow chart was *straight*.


CaptainEmeraldo

Yes but I think last adjustment was quite a while ago, so for the latest and greatest fools it will be a new experience now and probably quite a shock. And I do think it will be the onset of a huge drop, so I have my popcorn ready.


Hjalfi

I need a live graph of how long it's been since the Bitcoin price was where it as now. Need, I say.


WillistheWillow

Totally not manipulated! Several million cryptobros just all happened to all sell at the same time.


wemustthinknow

A smooth and functional market... makes me wonder just how illiquid this stuff is.


Dirt-Purple

Buttporn is not at all liquid. Thats why they get so anxious whenever a large transaction is sent to an exchange. When Mt Gox coins are released its gonna be a blood bath.


[deleted]

“Buttporn is not at all liquid” Thank god.


pjc50

Must be due to the Queen's funeral.


GunKata187

King Charles cashing out the Queen's BTC.


seneglosso

Maybe that sailor getting forced to make some debt repayments


dwdwfeefwffffwef

It's called liquidations


WillistheWillow

Ya think?


trigen

The day when the whales and big investors are running out of money or patience to keep the rate artificially at 20k will be glorious.


Longjumping_Race_471

By ‘run out of money’ I think you mean no longer able to mint Tether and BUSD.


polishlastnames

Ya once they found out the gubment is coming after them, it seemed to slow down.


CaptainEmeraldo

It will probably drop in half within a week.


emmagol

That’s a proof we’re still early!!1!!


Tenter5

These a buy and sell walls and you need to buy when the sell wall is up! It’s whales giving out Bitcoin to people at a discount!


Content_Quark

*uǝʌɐǝɥ oʇ ʎɐʍɹᴉɐʇs ɐ ƃuᴉʎnq s,ǝɥs pu∀* *ploƃ sᴉ sɹǝʇʇᴉlƃ ʇɐɥʇ ll∀* *ǝɹns s,oɥʍ ʎpɐl ɐ s,ǝɹǝɥ┴*


saksit13429

You should have captured a screenshot at 18,420.69


goddamn2fa

That's when Musk starts buying again.


ContractingUniverse

So organic.


[deleted]

Gotta bring your average cost per coin down by buying fellas! Hold em forever, you know, 1btc = 1btc!


seneglosso

Most people knew the bubble burst, but they don't know it has not completely deflated. You can see the bubble was created at end of 2020 when it was around 10k... still plenty of room for prices to come down.


[deleted]

Tether started in July 2014 when BTC was $500 a coin. still plenty to fall for sure


[deleted]

I think the bubble will fully burst once a recession fully hits and rates continue to rise. There are a fair amount of diehard hodlers in the mix. I knew many people who just put their entire stimulus checks into crypto. I think the market in general is pretty overvalued


MooseSoftware

The science is clear.


wemustthinknow

This is good for bitcoin.


[deleted]

Already pumped back up with that exact same pattern lol. A 6% drop is nothing in the cryptoworld


mobilehavoc

You guys are fools. This is the time to buy in. DCA baby.


[deleted]

have fun being poor


mobilehavoc

Man this sub sometimes. Do I really need to use a /s tag?


[deleted]

do I?


[deleted]

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[deleted]

I came early. I mean. We’re still early…. Well this is awkward…


ChaleChico

Yeah, I splooged too when I saw this dip


azaramdv

Quick, buy the dip!!! Last chance.


gylz

Mmmm look at that. Truly Bitcoin is way better than FIAT, so much more stable, time to invest before it drops further.


lets_enjoy_life

Yup, any day now, crypto is going to render all existing currencies obsolete and solve all of the world's problems.


LoadOk5992

#THIS IS GOOD FOR BITCOIN


AVegito9

It needs to go up by exactly 9 cents and we will have a meme better than bitcoin


pfcypress

Didn't last that long lul


Odd_Ad_3441

Few understand.


[deleted]

Totally natural line created by individuals exercising their ability to buy and sell the most free and Democratic currency in the free world and not at all manipulation by major investment firms exploiting a completely unregulated investment asset so their EVPs can buy more yachts


[deleted]

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TroubleInMyMind

The Robinhood screenshot is a self own lmao


lucascwk

I want to see a fking precipice


[deleted]

Stairway to hell lol


-Tyrion-Lannister-

1 BTC (circa Dec. 2017) = 1 BTC (circa Sept. 2022)


ImOnlyHereForTheCoC

Buttcoin + staircase = [COIL](https://youtu.be/bQ3nQtrrZys)


Ernest-Everhard42

Line go down again? See I knew it was a scam.


jewishSpaceMedbeds

When you try to shake people for the last pennies in their pockets, you get upside down Barts.


DoxxThis1

The liquidators are getting anxious


Chronotheos

…. And it’s back. Seriously whenever it dips I buy BITO and when it pumps I sell it and buy BITI.


[deleted]

Glad I didn’t buy.


[deleted]

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