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Started By
Message
Crypto crash
Posted on 10/12/25 at 10:19 am
Posted on 10/12/25 at 10:19 am
quote:
Donald Trump’s threat to impose new 100pc tariffs on China has triggered one of the biggest cryptocurrency crashes in history and stoked fears of chaos in global markets next week.
Around $400bn (£300bn) was wiped off the value of the crypto market in a span of less than 24 hours after Mr Trump late on Friday promised to impose steep new levies on Chinese imports within weeks.
It is understood that the Bank of England is closely monitoring events in line with normal practice, ahead of what is expected to be a turbulent opening for Asian markets on Sunday night. The Bank declined to comment but City traders are on alert for panic selling, with futures markets already signalling steep falls of around 6pc.
Traders using borrowed money to bet on Bitcoin and other digital currencies lost a record $19bn on Friday night. The scale of the losses is more than double the next biggest single-day loss in 2021, when the market took an $8.5bn hit.
LINK
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Posted on 10/12/25 at 10:21 am to travelgamer
Buy the dip
Posted on 10/12/25 at 10:21 am to travelgamer
Anyone else's first question is what does crypto have to do with Chinese tariffs
Posted on 10/12/25 at 10:24 am to travelgamer
quote:
Traders using borrowed money to bet on Bitcoin and other digital currencies lost a record $19bn on Friday night.
Degenerate crypto gamblers also used leverage to gamble even more... shocking!!!
Complete non-news story.
Paolo will print some fake tether bucks to stabilize this fake market.. He already did that night
Posted on 10/12/25 at 10:25 am to BurningHeart
quote:
Anyone else's first question is what does crypto have to do with Chinese tariffs
Increases the cost of money, slows economic growth, and tends to reduce liquidity. All have a cooling effect on the markets/economies, and crypto can see it first.
Posted on 10/12/25 at 10:25 am to travelgamer
Just used my entire $55 Venmo balance to buy BTC.
Posted on 10/12/25 at 10:30 am to travelgamer
People who trade on leverage deserve to be liquidated. Those who do not trade on leverage lost nothing unless they panic sold.
Posted on 10/12/25 at 10:37 am to bad93ex
only after the dip, dips
Posted on 10/12/25 at 10:48 am to travelgamer
quote:
Crypto trader dies by suicide
Lol suicide, crypto is the new standard for money laundering. Guy lost the wrong people's money with his leverage trades. Surprisingly drug dealers are not too happy when you lose their money
Posted on 10/12/25 at 10:56 am to UltimaParadox
Just checked the six month chart for ETH and not seeing this crash.
Posted on 10/12/25 at 12:18 pm to bad93ex
quote:
Buy the dip
yep
Posted on 10/12/25 at 12:21 pm to travelgamer
I’m up 69% over past 12 months.
Posted on 10/12/25 at 12:27 pm to UltimaParadox
if you've banked straight cash in the same amount of your original investment, then you're playing with house money beyond that
dummy
dummy
Posted on 10/12/25 at 12:28 pm to Obtuse1
quote:
All have a cooling effect on the markets/economies, and crypto can see it first.
Before crypto became a typical investment tool, it was supposed to be a hedge against this sort of reaction. Some people still promote the lie to this day
Posted on 10/12/25 at 12:33 pm to SlowFlowPro
quote:wut.
it was supposed to be a hedge against this sort of reaction. Some people still promote the lie to this day
Posted on 10/12/25 at 12:36 pm to travelgamer
Yahoo Finance 
Lefties doing math
Lefties doing math
Posted on 10/12/25 at 12:44 pm to Chucktown_Badger
quote:
Just checked the six month chart for ETH and not seeing this crash.
yep, because the "gansta" there has no idea what he's talking about
Posted on 10/12/25 at 1:37 pm to Harry Rex Vonner
Institutions (Blackrock,GS, Tom Lee and etc.) has all bought billions and billions worth on this dip in the past 3 days.
Btc and eth ain't going anywhere.
The reload on the data centers (iren,cifr and etc.) after hours told the tale.
Btc and eth ain't going anywhere.
The reload on the data centers (iren,cifr and etc.) after hours told the tale.
Posted on 10/12/25 at 1:46 pm to BurningHeart
quote:
Anyone else's first question is what does crypto have to do with Chinese tariffs
This is all market manipulation. Barron is about to become the wealthiest crypto holder in the world. Not because he is a genius.
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