If you really want to buy #Bitcoin, wait until #MicroStrategy sells its last satoshi. If MSTR keeps selling stock and borrowing money to buy into a falling market, existing or new shareholders will be forced to liquidate. @michael_saylor's diamond hands are really made of glass.
— Peter Schiff (@PeterSchiff) June 21, 2021
Over the weekend Bitcoin bugs made fun of gold's 6% drop last week, which was about twice Bitcoin's 3% decline. But while #gold recovered some of those losses today, #Bitcoin crashed by another 9%. Also, while gold is down 9% from its 2021 high, Bitcoin is down a whopping 50%!
— Peter Schiff (@PeterSchiff) June 21, 2021
Dial 911 pic.twitter.com/AoeJxlnJPa
— The Great Martis (@great_martis) June 21, 2021
speculation-meter: fast money seems to leave btc first pic.twitter.com/AdN8lunJUF
— Alastair Williamson (@StockBoardAsset) June 21, 2021
DOGECOIN HAS LOST $72 BILLION IN MARKET CAP SINCE MUSK'S SNL APPEARANCE $DOGE
— FXHedge (@Fxhedgers) June 21, 2021
It’s almost like $DOGE is literally a joke.
— Paranoid Bull (@paranoidbull) June 21, 2021
$DOGE coin has lost nearly two chipotle’s since Musk was on SNL.
You really can’t tell me that the 2000 bubble was worse than today.
The market value changing hands in 2000 was a pimple on the ass of the shit happening today, and yes, adjusted for inflation also.
— Endless Capital (@nunziato_frank) June 21, 2021
The problem isn't cryptocurrencies.
The problem isn’t Bitcoin.
The problem isn’t Dogecoin.
The problem isn’t Ethereum.
The problem isn’t China.
The problem is overconfidence.
Overconfidence leads to leverage.
Leverage leads to crashes.
Few understand this.
— Michael A. Gayed, CFA (@leadlagreport) June 22, 2021
Bitcoin and Dogecoin going through the Lumber experience.
— Michael A. Gayed, CFA (@leadlagreport) June 22, 2021