Crypto Crash?! Seriously?! šŸ™„

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Oh, great. Investors canā€™t catch a break. Wonderful. Just…wonderful.

December’s supposed to be, you know, festive. A little “Thanksgiving rally,” they said. Instead? A flushing sound. Like everything’s just going down the drain. $160 billion gone. Poof. Just like that. šŸ¤¦ā€ā™‚ļø

Bitcoin, of course. It’s always Bitcoin. Sixty-two percent of the wipeout. Like it needs any more attention. And now they’re saying the whole “store of value” thing is… what?ā€¦ the problem? It’s circular logic! It’s maddening!

Bitcoin flash dump triggers market-wide liquidation wave

Liquidity bloodbath. That’s what they’re calling it. A bloodbath. Really? It’s just money moving around! People buying, people selling. It’s not like anyone’s actually hurtā€¦ probably.

Market cap slipped below $3 trillion. Bitcoin took a huge hit. The weekā€™s gains? Gone. Vanished. Just like a good parking spot on a Saturday.

Everyone was so bullish, all in on the ā€œlongā€ positions. Like they knew something I didnā€™t. Sixty-eight percent long! It was practically begging for trouble. And it got it. šŸ™„

A minor pullback, they said. “Just a little dip”. Right. A little dip into financial oblivion.

Six hundred and thirty-seven billion in liquidations. Mostly from the “long” people. Serves ’em right. I mean, not really, butā€¦ you know.

Bitcoin fell 4.3%. Which is, like, a lot when you’re talking about imaginary internet money. But then, never a dull moment, right? Especially when you throw Michael Saylor into the mix.

Market reacts as MSTR navigates green dot speculation

MSTR. This company is a constant source of anxiety. Twice in less than a month. It is highly irritating.

First, a potential delisting. And then Saylor posts thisā€¦ this thing on X – a green dot? Is he trying to send a secret message? Is it code for “sell everything!”? Itā€™s preposterous!

The green dot. People are losing their minds over a green dot. Itā€™s a dot! What is the world coming to?

They think it means he’s going to sell. Because MSTR has already dropped 70% since October. Like, duh. If you’re down 70%, maybe don’t, you know, add to the drama.

Is this a reality check for all these institutional investors? Maybe. Or maybe it’s justā€¦ Tuesday. I donā€™t know. It’s all a mess. A complete mess.

Bitcoin crashes highlight risks in leveraged play

MSTR has all the Bitcoin. Half a million. It’s excessive. And problematic.

They talk about market-to-net-asset value. mNAV. It’s 1.01. Basically, theyā€™re worth, like, whatever they own. So, thrilling. But it DIIPPED to 0.97. Meaning investors paid LESS for the company than for the bitcoin it holds. Outrageous!

The stock trades on Bitcoin. Itā€™s all connected. Itā€™s infuriatingly connected. If Bitcoin goes down, the stock goes down. It’s so predictable!

Lower Bitcoin prices mean more pressure on the debt. And the green dot? Just fuel for the fire. It was inevitable, really.

The whole ā€œstore of valueā€ thing is aā€¦ well, it’s a setup. It’s setting people up for disaster. Believe me.

Final Thoughts

  • Bitcoin dipped $4k, triggering a $637 billion liquidation wave, with 90% hitting long positions and BTC taking 62% of the losses. Really? $4k?! Itā€™s never just a little, is it?
  • MSTRā€™s BTC-heavy strategy faces pressure as its mNAV dipped below 1Ɨ, making its leveraged play riskier amid back-to-back BTC crashes. Leveraged! As if we need more leverage in this world!

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2025-12-02 06:24