Bitcoin Crash

creepycoug

"Nearly $2 billion worth of long Bitcoin positions got liquidated in less than 24 hours."

Well, you guys said it was volatile. Jumping in point? Or should we? start calling it Bitchcoin?

https://www.financemagnates.com/cryptocurrency/news/bitcoin-crash-liquidates-262344-traders/

YellowSnow

The fuck is a bit coin?

creepycoug

YellowSnow said:

The fuck is a bit coin?

Read the other thread Yella. We are founding a financial literacy college here on the Finance Bored. Get on with it. Us financial wizbangs aren't going to spoon feed you and @Swaye forever. Assimilate you heathens. Learn the monied ways of the white devil.

PS: we have a smokin' deal on beads and liquor for any engine who still owns more than 500 acres of selected land.

Pitchfork51

I still have no clue what bitcoin is.

The only thing I know about blockchain is that erhereum made it super annoying to buy a good video card

I understand putting money in. But how do you get it out? Who cashes you out,m

bananasnblondes

And Bitcoin is right back up to 40k a couple days later.