This is the biggest one day loss for the year. Closing in on the rising 50 day. When the last major one day loss occurred in September - which was albeit smaller - Bitcoin fell a further -25% below the 50 day, meaning 7,500 now:
lunedì 25 dicembre 2017
Crypto Ponzi Collapse
At current price levels, the CME futures will open halted limit down. Gamblers will not be happy as the underlying has no such mechanism. Putting futures on this ponzi scheme was the dumbest fucking thing Wall Street has ever done. $130 billion in lost market cap since the CME contract began trading 5 days ago.
This is the biggest one day loss for the year. Closing in on the rising 50 day. When the last major one day loss occurred in September - which was albeit smaller - Bitcoin fell a further -25% below the 50 day, meaning 7,500 now:
This is the biggest one day loss for the year. Closing in on the rising 50 day. When the last major one day loss occurred in September - which was albeit smaller - Bitcoin fell a further -25% below the 50 day, meaning 7,500 now:
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