On bitcoin topping $100,000 (awful.systems)

submitted 3 weeks ago by dgerard@awful.systems to c/buttcoin@awful.systems

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news accompanied by another crypto scam
price faked via >"$10b" of dubious stablecoin pseudodollars created out of thin air
no liquidity, trading super thin (even more pumpable)
public still not buying in
(yet)
lol

nothing has changed in my last few posts on the subject https://davidgerard.co.uk/blockchain/

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[-] froztbyte@awful.systems 6 points 3 weeks ago

Hasn’t it crested 100k like 3~5 times now? Feels like reruns on a cruise ship

Also, feels telling that 100k is the number people manipulate to/against? (in the why not 125/150/200k way (yes ofc I get that it’s just people trying to milk fresh rubes etc, merely pondering the selected target))

[-] mountainriver@awful.systems 4 points 3 weeks ago

A one with zeros is the roundest number?

[-] dgerard@awful.systems 5 points 3 weeks ago

Bitcoin and Hawk Tuah: Not So Different

[-] o7___o7@awful.systems 4 points 3 weeks ago

bitcoin is the new fetch

[-] dingdongitsabear@lemmy.ml 3 points 3 weeks ago

what's the thing with tether supposedly reaching liquidity? like, HOW?

this post was submitted on 05 Dec 2024

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