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submitted 1 day ago by cm0002@lemmy.world to c/world@quokk.au
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[-] Visstix@lemmy.world 11 points 22 hours ago

Is the doomsday scenario that people apparently think bitcoin is worth 100k?

[-] Cruxifux@feddit.nl 54 points 1 day ago

Doomsday scenario seems a little dramatic.

[-] Alk@sh.itjust.works 28 points 1 day ago

Doomsday for the people who went all in lmao

[-] Sixtyforce@sh.itjust.works 14 points 1 day ago
[-] Aussiemandeus@aussie.zone 6 points 1 day ago

That's what I always do.

[-] auraithx@lemmy.dbzer0.com 1 points 1 day ago

At all time high maybe?

Otherwise you’re up a multiple still.

[-] Gradually_Adjusting@lemmy.world 16 points 1 day ago

It hasn't seen these lows since, gasp

... Earlier this month?

Smells like someone was over-leveraged.

[-] chicken@lemmy.dbzer0.com 10 points 1 day ago

For cryptocurrency if it isn't dropping by 15% or more in one day I don't think you can really even call it a crash.

[-] blah3166@piefed.social 6 points 1 day ago

Bitcoin's dropped way more

[-] supernicepojo@lemmy.world 1 points 23 hours ago

Past trading trends are no indication of future performance. Drawing pretty hopeful pictures on graphs is not an indicator.

[-] explodicle@sh.itjust.works 2 points 10 hours ago

It's not a guarantee but is an indication. In general, the more times something happened in the past, the more likely it is to happen in the future.

[-] JackbyDev@programming.dev 2 points 21 hours ago

It's a reality check

Especially considering it's back above $100k currently

[-] melsaskca@lemmy.ca 4 points 22 hours ago

Oh no! The folks at the top of the crypto scheme took more fake value tokens from their investors/believers.

this post was submitted on 23 Jun 2025
99 points (100.0% liked)

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