Quote from: philipma1957 on July 14, 2025, 08:07:34 PM

Quote from: JimboToronto on July 14, 2025, 08:03:21 PM

Quote from: philipma1957 on July 14, 2025, 05:23:07 PM

why did you post this shit?

Attention-seeking?

I thought it was meant to be funny. But not sure.

Yes, for fun, more than anything else. After beating AHTs there is always a dip in which many retail traders who buy at highs think if they have done wrong and more than one ends up selling at a loss.

See this week old thread for example:

The BTC drops is causing panics

It is also the time when haters like Schiff take the opportunity to say that this is the beginning of the end of the ponzi scheme that is bitcoin and that it will go to 0.

Also just to see if anyone commenting realized that the source is an article created with AI for the sole purpose of creating FUD but only one of the commenters bothered to look at the link.

This is the serious answer, back to funny mode:

Quote

So much for the "new all-time high" narrative. Bitcoin has now plummeted to $117,000, and it’s showing no signs of recovery. That’s a $6,000 drop in a single day—and nearly $10K wiped out since just yesterday.

Still think this is just "normal volatility"? Wake up.

Peter Schiff was right all along.
He said it would collapse. He said it was a Ponzi scheme. And now it’s unraveling before our eyes.

   “It’s a slow-motion crash,” he tweeted again today. “Digital fools holding digital air.”

This market is built on pure speculation, and the cracks are finally showing. There’s no utility, no intrinsic value—just hype, leverage, and blind belief. The so-called “store of value” is looking more like a store of regrets.

Let’s talk facts:

   Whales are dumping.

   Retail sentiment is cracking.

   Even the influencers have gone silent.
   (Notice how quiet CT is today? When number goes down, so do the laser eyes.)

And don’t even get me started on altcoins—they’re bleeding out even faster. This isn't just a dip; this is capitulation season knocking at the door.

How much lower can this go?
People laughed when Schiff said Bitcoin would go to zero. Who’s laughing now? At this rate, we might test $100K by the weekend.

Time to ask the real question:
Is the dream over? Or are we about to witness the greatest collapse in financial history?

Not trying to spread fear, just being real. If you’re still "buying the dip," you might be the liquidity exit someone else is praying for.

Stay safe out there.