$130 billion wiped off crypto markets in 24 hours as bitcoin,...
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Posted in r/collapse by u/metalreflectslime • 1,886 points and 587 comments

Non-sensible tokens. :kelly:

  • UlyssesT [he/him]
    ·
    3 years ago

    The stock market is a measurement of how oligarchs feel about something, moment by moment. Why should the cryptocurrency casino be any different?

    • Speaker [e/em/eir]
      ·
      3 years ago

      That's kind of what I'm getting at. Why do they feel different about something that's so incredibly easy to magic up dollar equivalents out of?