Anonymous wrote:For all you crypto diehards, what are your thoughts about it tanking this week?

are you really young?

Once enough people and institutions are invested in something that it becomes too big to fail, well, then it's too big to fail. Remains to be seen if Bitcoin is Lehman Brothers or Goldman Sachs. I'm betting on the latter.

If you would have told me this time last year that bitcoin was "crashing" down to 100K I would have been thrilled.

It's still a volatile asset but it's only going to increase in value. You might want to get some ...

Yeah it is a scheme for Trump to take in anonymous foreign bribe money while MAGAs hypocritically turn a blind eye and "whatabout" rant about Biden.

Apple, Amazon, Tesla died many times.

Anonymous wrote:Right now it's puffed up by Trump's crimes.

When Trump goes down, cryptocurrency will go with it.

+1

https://www.reuters.com/investigations/inside-trump-familys-global-crypto-cash-machine-2025-10-28/
The U.S. president’s family raked in more than $800 million from sales of crypto assets in the first half of 2025 alone, a Reuters examination found, on top of potentially billions more in unrealized “on paper” gains. Much of that cash has come from foreign sources as Donald Trump's sons have touted their business on an international investor roadshow.

Right now it's puffed up by Trump's crimes.

When Trump goes down, cryptocurrency will go with it.

Anonymous wrote:Hopefully! Crypto has no use except speculative investing and crime.

Gambling, not investing.

I could not tell you what crypto was if you put a gun to my head, but I have an account in Coinbase and made enough money to give one of my kids $150,000 for the down payment for their house. So anything I earn from here on in is gravy.

Anonymous wrote:

Anonymous wrote:Hopefully! Crypto has no use except speculative investing and crime.

Yes why do we need crypto? Most avg folks don't understand it nor can they use it. It seems like a bubble.

People who live in countries with extremely unstable currency also like to invest in crypto. It’s more stable than their currency as unstable as it is.

The current admin seems to want to turn this country into one of those countries.

Anonymous wrote:Hopefully! Crypto has no use except speculative investing and crime.

Yes why do we need crypto? Most avg folks don't understand it nor can they use it. It seems like a bubble.

Hopefully! Crypto has no use except speculative investing and crime.

It didn’t tank.

Just the natural cycle down before the next huge upswing. HODL!!

For all you crypto diehards, what are your thoughts about it tanking this week?