The thrilling cryptocurrency thread

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Post by The Call of the Wendigo Sat May 07, 2022 9:55 am

Bitcoin is worth just $36,027.

Ethereum is worth £2,180.

Bitcoin is somehow up 3.14% over the last 3 months.

Ethereum is up 25.62% over the same period.

However, Bitcoin is down 17% over the past month.

And Ethereum is down nearly 11% over the same period.

It is a very wibbly wobbly picture.

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Post by The Call of the Wendigo Sun May 08, 2022 9:45 am

Bitcoin's down to $34,601 and still falling. dontpanic

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Post by The Call of the Wendigo Sun May 08, 2022 9:46 am

Ethereum's down to £2,078 but starting to stabilise a bit. dontpanic

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Post by The Call of the Wendigo Mon May 09, 2022 9:34 am

Now to check how Bitcoin and Ethereum are doing. I reckon we're approaching make or break time for the plucky pretend currencies. scared

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Post by The Call of the Wendigo Mon May 09, 2022 9:34 am

Bitcoin is down to $33,205 and still falling. dontpanic

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Post by The Call of the Wendigo Mon May 09, 2022 9:35 am

Ethereum is down to £1,976 but has, for now, halted its plunge. dontpanic

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Post by The Call of the Wendigo Mon May 09, 2022 9:36 am

The Call of the Wendigo wrote:Bitcoin is down to $33,205 and still falling. dontpanic
Even as I was typing those words, Bitcoin rallied slightly to $33,283. scared

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Post by The Call of the Wendigo Mon May 09, 2022 9:37 am

It's suddenly shot up to $33,365.

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Post by The Call of the Wendigo Mon May 09, 2022 9:38 am

Somehow, Ethereum is up 4.19% on 3 months ago.

While Bitcoin is down 14.83% over the same period.

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Post by The Call of the Wendigo Mon May 09, 2022 9:39 am

The Call of the Wendigo wrote:Bitcoin is down 14.83% over the same period.
It is, however, only 7% down against the pound.

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Post by The Call of the Wendigo Tue May 10, 2022 9:24 am

Bitcoin is now at $31,804.

It fell to $29,830 overnight but has suddenly shot up by 5.75%.

It's total chaos!


Last edited by The Call of the Wendigo on Tue May 10, 2022 9:31 am; edited 2 times in total

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Post by The Call of the Wendigo Tue May 10, 2022 9:26 am

Ethereum is now at £1,942 but has shot up by nearly 7.5% in the last few hours.

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Post by The Call of the Wendigo Tue May 10, 2022 9:29 am

In the early hours, it fell to just £1,788 dontpanic

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Post by The Call of the Wendigo Tue May 10, 2022 9:32 am

The Call of the Wendigo wrote:It fell to $29,830 overnight but has suddenly shot up by 5.75%.

It's total chaos!
Now up by over 6%. box

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Post by Fangirl Three Tue May 10, 2022 12:51 pm

The word on the street is that it's 'risk off' time in all asset classes.

People's hopes that the bitcoin price would be negatively correlated with equities have been dashed.

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Post by SiberianPrincess’sMidriff Tue May 10, 2022 12:53 pm

I agree.


(I don't know what any of that means bounce )

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Post by The Call of the Wendigo Tue May 10, 2022 2:19 pm

I was assuming that, as the value of real money fell, the value of cryptocurrency would rise in relation to it.

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Post by The Call of the Wendigo Tue May 10, 2022 2:22 pm

The good news is Bitcoin is now up to $32,011 and Ethereum is up to £1,971.

Ethereum is nearly 9% up on the start of the day. box

Against the pound, Bitcoin is up by over 6%.

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Post by The Call of the Wendigo Wed May 11, 2022 9:16 am


 The thrilling cryptocurrency thread - Page 16 Ygv01VQ
box

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Post by The Call of the Wendigo Wed May 11, 2022 9:17 am

I don't have a clue what that means.

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