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Sweevo
Nov 8, 2007

i sometimes throw cables away

i mean straight into the bin without spending 10+ years in the box of might-come-in-handy-someday first

im a fucking monster

do exchanges still just switch off the router during crashes?

aka "the mtgox manoeuvre "

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Mr. Nice!
Oct 13, 2005

bone shaking.
soul baking.

Shumagorath posted:

Which one are you watching?

Absolute king.

op is meaning the mass volume of sale orders that is not far above the current price. as it moves further down, the required price to move up keeps going up.

Mr. Nice!
Oct 13, 2005

bone shaking.
soul baking.

Sweevo posted:

do exchanges still just switch off the router during crashes?

aka "the mtgox manoeuvre "

a large number are already limiting withdrawals

Midjack
Dec 24, 2007



i miss soundsofbuttcoin at times like this.

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

Sweevo posted:

do exchanges still just switch off the router during crashes?

aka "the mtgox manoeuvre "

binance just pretended that they had a few transactions stuck in the pipes and since the ceo was on a plane at the time the interns couldn't get it unclogged

trucutru
Jul 9, 2003

by Fluffdaddy

Midjack posted:

i miss soundsofbuttcoin at times like this.

Unfortunately none of the action is on the actual blockchain 'cuz nobody actually uses that miracle tech for its intended purpose

Although there was plenty of action around Jun 13



And people are actually moving their coins quite a bit more

trucutru fucked around with this message at 17:27 on Jun 18, 2022

FCKGW
May 21, 2006

Midjack posted:

i miss soundsofbuttcoin at times like this.

have you heard the good news?

https://buttcoin.club/

Viscous Soda
Apr 24, 2004

jammyozzy posted:



My mind is making the 'ding' noise from Tower of Terror every time it lurches downwards

You know what I like in my currency? The ability to lose one tenth of its value in two hours.

YerDa Zabam
Aug 13, 2016



super fart shooter posted:

I think someone in this thread made a joke about calling Celsius customer support and being told to “please hodl” wel it turns out they basically do talk to their customers like that lol

https://twitter.com/kyletorpey/status/1537923302563250176?s=21&t=GexgpVBgIRCPPQrUstvDAw

I was reading an article on the FT website an it was throwing about HODL like it was the most normal thing in the world. Idiocracy kinda vibes

trucutru
Jul 9, 2003

by Fluffdaddy
Oh, and here is a video of Ethereum's totally 100% real completely non-fake $1000 wall getting hit, courtesy of r/buttcoin

https://v.redd.it/6zloq63u0c691/DASH_480.mp4?source=fallback.gif

Asymmetric POSTer
Aug 17, 2005

trucutru posted:

Oh, and here is a video of Ethereum's totally 100% real completely non-fake $1000 wall getting hit, courtesy of r/buttcoin

https://v.redd.it/6zloq63u0c691/DASH_480.mp4?source=fallback.gif

lmao

Katana Gomai
Jan 14, 2007

"Thus," concluded Miyamoto, "you must give up everything you have to be my disciple."

please, my coin, he is very sick

Dr. Kyle Farnsworth
Apr 23, 2004

The thing I hate most about my bank is I usually know what my checking account is going to be worth. God if only it was more like a GameShow where I go to sleep and then wake up to find I hit the jackpot! Or a whammy!

There's got to be a better way!

rjmccall
Sep 7, 2007

no worries friend
Fun Shoe

trucutru posted:

Unfortunately none of the action is on the actual blockchain 'cuz nobody actually uses that miracle tech for its intended purpose

Although there was plenty of action around Jun 13



And people are actually moving their coins quite a bit more



i assume the remaining true believers are treating any coin kept at an exchange as if it might disappear at any time and so immediately transferring them out

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

rjmccall posted:

i assume the remaining true believers are treating any coin kept at an exchange as if it might disappear at any time and so immediately transferring them out

lol

Drone_Fragger
May 9, 2007


rjmccall posted:

i assume the remaining true believers are treating any coin kept at an exchange as if it might disappear at any time and so immediately transferring them out

Correct. Guess how many exchanges have one hundred percent of the money they claim to hold?

(Hint, it's zero)

Mr. Nice!
Oct 13, 2005

bone shaking.
soul baking.
its gonna be under 18.8 soon

Shumagorath
Jun 6, 2001

trucutru posted:

Oh, and here is a video of Ethereum's totally 100% real completely non-fake $1000 wall getting hit, courtesy of r/buttcoin

https://v.redd.it/6zloq63u0c691/DASH_480.mp4?source=fallback.gif
:henget:

Stephen Harper
Apr 13, 2011

Canada is a Northern European welfare state in the worst sense of the term, and very proud of it.
lol

lmao

Mr. Nice!
Oct 13, 2005

bone shaking.
soul baking.

Mr. Nice! posted:

its gonna be under 18.8 soon

an we've crossed the line. at this rate we're going to see sub 18k today.

Mr. Nice!
Oct 13, 2005

bone shaking.
soul baking.
talk about meltdown may

Mr. Nice!
Oct 13, 2005

bone shaking.
soul baking.
oh poo poo in the time it took me to post that its under 18.6

Shumagorath
Jun 6, 2001

Mr. Nice! posted:

oh poo poo in the time it took me to post that its under 18.6
The wall at 18.5k appears real.

evilweasel
Aug 24, 2002

Mr. Nice! posted:

oh poo poo in the time it took me to post that its under 18.6

and almost nothing between this and 18.5

Mr. Nice!
Oct 13, 2005

bone shaking.
soul baking.

Shumagorath posted:

The wall at 18.5k appears real.

we'll find out in the next 10-15 minutes i'm sure.

Mr. Nice!
Oct 13, 2005

bone shaking.
soul baking.
who needs sports when you can watch crypto crash in real time?

qirex
Feb 15, 2001

hoping for 4 digit butts by monday

or 1 digit butts :getin:

evilweasel
Aug 24, 2002

Shumagorath posted:

The wall at 18.5k appears real.

the height of that wall has dropped by like 33% in the last minute

Bone Crimes
Mar 7, 2007

trucutru posted:

Oh, and here is a video of Ethereum's totally 100% real completely non-fake $1000 wall getting hit, courtesy of r/buttcoin

https://v.redd.it/6zloq63u0c691/DASH_480.mp4?source=fallback.gif

Loled real hard at this. Somehow it got chewed through like it was nothing!

Mr. Nice!
Oct 13, 2005

bone shaking.
soul baking.

evilweasel posted:

the height of that wall has dropped by like 33% in the last minute

and it shoots up again as we hit 18.65 lol

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish

qirex posted:

hoping for 4 digit butts by monday

or 1 digit butts :getin:

I want it to get back below the mtgox high

Mr. Nice!
Oct 13, 2005

bone shaking.
soul baking.
if the crash was mark cashing out i would worship him forever.

Shumagorath
Jun 6, 2001

evilweasel posted:

the height of that wall has dropped by like 33% in the last minute
Meanwhile the sell at 18.9k keeps getting bigger lol

We're not getting back over 19k today, at least.

coelomate
Oct 21, 2020


Mr. Nice! posted:

its gonna be under 18.8 soon

by the end of today we're gonna all be like "HOLY poo poo THE WALL AT 18,543.23 HAS FALLEN -- 18,543.20 HERE WE COME!"

Mr. Nice!
Oct 13, 2005

bone shaking.
soul baking.

coelomate posted:

by the end of today we're gonna all be like "HOLY poo poo THE WALL AT 18,543.23 HAS FALLEN -- 18,543.20 HERE WE COME!"

end of the day? we're already pushing up against a fake wall at 18.5

coelomate
Oct 21, 2020


Mr. Nice! posted:

end of the day? we're already pushing up against a fake wall at 18.5

:sickos:

Mr. Nice!
Oct 13, 2005

bone shaking.
soul baking.
i don't think this crashes to zero, but we are far from the bottom of this. there's only so much more rube money you can pump into this system.

gschmidl
Sep 3, 2011

watch with knife hands

Mr. Nice! posted:

i don't think this crashes to zero, but we are far from the bottom of this. there's only so much more rube money you can pump into this system.

Would love to be proven wrong here, ideally as I type this, but we've been hoping this for too many years.

Boxturret
Oct 3, 2013

Don't ask me about Sonic the Hedgehog diaper fetish
i still hold out hope that these exchanges are so poorly programmed the price could go negative

it happened before! there was a bitcoin store that let you enter in negative values for items so someone listed a book for negative and drained the store's accounts by buying it repeatedly

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MarcusSA
Sep 23, 2007

Mr. Nice! posted:

i don't think this crashes to zero, but we are far from the bottom of this. there's only so much more rube money you can pump into this system.

yeah I’d be shocked if it falls under $1000 tbh.

there are enough people out there who would keep it that high.

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