Garpal Gumnut
Ross Island Hotel
- Joined
- 2 January 2006
- Posts
- 13,859
- Reactions
- 10,714
Perhaps ASF should post the emergency phone numbers like they do in the SMH and ABC when there is bad news.Please play safe, there will be slot of people who will be in a bad mental state once this settles. Also, post your day trades
The guy just bugs me. Be good to see him eat the wrath of blame after running his mouth.If a couple of tweets from one man, can derail the decentralized currency of the future, then perhaps....................
The good thing for the banks will be, the traders would have had to have put up solid collateral, to borrow money for speculative trading. So the old story of losing your shirt, may well be losing your house, at a fraction of its value?My biggest concern about the gyrations and crashes in the cryptocurrencies markets is the potential effect on the banking systems.
IMV at some stage the loans, losses and various derivatives taken with these plays will wash through the banks. I'd be certain they have an exposure as players, funders or holders. If there is a collapse in the crypto market I can't see how banks won't be taking some very big hits.
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Excellent from BBC in post 912
Chin up mate, opportunities come and goThis thing can go down more. Everyone was in. Through a stroke of luck(and laziness) I am only holding matic and still up 3x for the moment. Heavy on some nfts but I'll have to check the market. They held up yesterday.
My biggest loss is losing 2-10000x bagger trades
It was the trading of a lifetime. Hope people will be sitting at the table after this.
Any evidence for this?Rumours China is going to release info to drop market. Apparently going to sell into the news to drop it hard then start buying during panic
It's a pain in-between researching the next multibag. Crypto still has legs for the moment on some short tradesChin up mate, opportunities come and go
Sounds like a 4chan conspiracy. I'd say its just capitulation between yank and Asian markets trying to out do one another in how much the can sell for. It was a bad news week as far as crypto is concerned.Any evidence for this?
BTO at 30k btc/xbt
ticked a lot of boxes for a low (AxC at 161.8%) and tipped the H&S shoulders 100% level
whales gulping
As in the crypto exchanges? Possibly. Looks of uproar on Reddit about buyers having been locked out of their crypto brokers so if the fall continues then it may be the end for some if they continue to lock it their clients.Luckily, i avoided the crypos volatility and my gold miner ARV went down 40% today.
My sell yesterday was cancelled by the trading stop then missedvthe open..so 40% fall in the day i never ever had such a hit with cryptos.just saying.
Got 2/3 of money back to cba this early morning.if cryptos collapse, so will exchanges?
Yes crypto exchanges: for me: btc market;As in the crypto exchanges? Possibly. Looks of uproar on Reddit about buyers having been locked out of their crypto brokers so if the fall continues then it may be the end for some if they continue to lock it their clients.
Unfortunately this story of behaviour always happens - it has happened with equities and has happened with FX in the past (I remember FXCM getting flogged when the Swiss implemented negative rates and traders couldnt adjust their positions).
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