Re:$7.6B in crypto long positions liquidated in 1 hour as Bi...
by bitcoinmonger on Sunday April 18, 2021 @03:00PM
(#26855282)
Seemed inevitable.
I first found out about Bitcoin in 2017, but didn't have time to fully understand the technology, so I brushed it off as a curiosity and moved on. I heard about it again in November at the start of the price increase, but upon further analysis decided not to invest due to the fossil fuels required to secure the network (I extend my thanks to Stephen Diehl for his thorough and nuanced introspection of the technology).
I feel sorry for those who have lost money at this time, but I am thankful to have had the foresight to avoid this inevitable price crash.
I first found out about Bitcoin in 2017, but didn't have time to fully understand the technology, so I brushed it off as a curiosity and moved on. I heard about it again in November at the start of the price increase, but upon further analysis decided not to invest due to the fossil fuels required to secure the network (I extend my thanks to Stephen Diehl for his thorough and nuanced introspection of the technology).
I feel sorry for those who have lost money at this time, but I am thankful to have had the foresight to avoid this inevitable price crash.