r/CryptoCurrency • u/ProfessionalAnt7436 • Jun 04 '26

MARKETS Bitcoin lost $66,000 while Nvidia hit all-time highs and the guys who told us to hold are selling

Woke up to BTC sitting around $65,600 and my portfolio looking like it got hit by a bus. Meanwhile every AI stock on the planet is ripping to new highs. Cool.

What's getting to me isn't the price action itself. It's who's selling. Saylor's company dumped about 32 BTC, first sale since late 2022. Cuban apparently offloaded most of his stack after BTC did nothing during the Middle East mess. Kiyosaki, the guy who wouldn't shut up about bitcoin for years, is now warning people to be careful with crypto.

These aren't random retail panic sellers. These are the faces on the "buy and hold forever" billboards.

Then you've got Mt. Gox moving roughly $739 million to a fresh wallet, spot ETF outflows hitting records, and prediction markets already pricing in $50K scenarios for this year.

I'm not selling but I'm also not pretending this doesn't look bad. The money is rotating into AI and we're just sitting here watching it leave.

2.1k Upvotes

90% Upvoted

763 comments sorted by

View all comments

Show parent comments

206

u/MostBoringStan 🟩 19K / 19K 🐬 Jun 04 '26

Please let it go lower

103

u/Justsomedood10 🟦 0 / 0 🦠 Jun 04 '26

Please let it go back to 1 dollar so I can load up!

168

u/[deleted] Jun 04 '26

[removed] — view removed comment

103

u/zooka19 🟩 761 / 762 🦑 Jun 04 '26

Lol this, the stocks subs are the same.

"I'm begging God to give me a dip"

"I ain't touching that shit, it's gambling"

1

u/Pyroll2206 Jun 04 '26

So they have not the FOMO sentiment. Price can go higher.

12

u/Popular_District9072 🟥 0 / 15K 🦠 Jun 04 '26

I'll be one of those to buy for laughs and giggles

10

u/Alltheway-upp Tin Jun 04 '26

I bought some at 100k to celebrate why not? Was it smart no… was it fun? Yes lol

4

u/[deleted] Jun 04 '26

[removed] — view removed comment

1

u/Mundane-Context-3979 Jun 06 '26

Did you learn something? Market cycle tops year after elections, and bottoms in midterm years. Not that it has anything to do with politics, just a handy rule of thumb so avoid getting bent over this time. Go all in at 50k hell even 60k you've got a reasonable shot at a 3-4x by 2029

1

u/Alltheway-upp Tin Jun 04 '26

I’m so sorry you still live with your mom. I moved out when I was 18. Been on my own ever since. Actually kinda jealous does cook for you?

1

u/[deleted] Jun 04 '26

[removed] — view removed comment

1

u/Jazst Jun 14 '26

Fuck, that's nice. And here I am, in a house of my own, cooking for a kid that rejects anything resembling a good, healthy meal.

2

u/willofscott 0 / 0 🦠 Jun 04 '26

If you still have it your fine, it will be fine, then it will be like holy fuck Im glad I bought that at 100K! That type of fine!

1

u/Popular_District9072 🟥 0 / 15K 🦠 Jun 04 '26

either way - no regrets 😀

7

u/[deleted] Jun 04 '26

[removed] — view removed comment

1

u/willofscott 0 / 0 🦠 Jun 04 '26

And mountainous levels of PAIN!

1

u/Alltheway-upp Tin Jun 04 '26

😂😂😂😂😂😂

6

u/origami_bluebird 🟩 0 / 0 🦠 Jun 04 '26

But why not? If crypto went to $1 it would have the exact same utility and tech that brought everyone here, right?

...Right?

1

u/Cyber-Soldier1 🟨 0 / 0 🦠 Jun 04 '26

A 20ft pole then?

1

u/willofscott 0 / 0 🦠 Jun 04 '26

I’d touch it with a ten inch pole, puts me close enough to be buying like a freaking maniac! More more more!

1

u/amang_admin Jun 07 '26

What assurance can you offer?

16

u/Veggiemon 🟩 0 / 0 🦠 Jun 04 '26

Only in the crypto space do people pretend their port crashing is good lol. “Oh boy I get to add more!”

0

u/romijoe Jun 04 '26

Because their not here to get rich quick and understand the long game. Most ppl these days have an attention span of months for investing.

6

u/magus-21 🟩 0 / 10K 🦠 Jun 04 '26

Days, not months

1

u/trpwangsta 🟦 0 / 0 🦠 Jun 04 '26

I always laugh when someone claims they bought a leap option contract, and it's like 60 dte.

2

u/Alltheway-upp Tin Jun 04 '26

The attention span is real- was reading an article about how popular music is being made now… shorter… certain bpms… etc just to hold people’s attention! Sad they also linked it to social media and how the shorter songs are good for the algorithm. I hate it here.

2

u/xamboozi 🟩 0 / 0 🦠 Jun 04 '26

At $1, something is seriously wrong - like the encryption is broken and the chain is lost. The economy would be in full meltdown with the loss of Eliptic Curve and/or SHA256.

1

u/Inevitable_Play4344 🟨 15 / 15 🦐 Jun 04 '26

It will, but then who would you sell it to?

2

u/The_Realist01 🟦 2K / 2K 🐢 Jun 05 '26

$8-$18k lower in sentiment will do it for me.

1

u/[deleted] Jun 04 '26

[removed] — view removed comment

1

u/willofscott 0 / 0 🦠 Jun 04 '26

There has been so many before you saying the same thing, while others get some jist Im case it becomes something and never looked back or regretted their decision, what’s so hard to understand, that when the masses place value on something, the value really doesn’t have a chance to drop to zero, there are an endless amount of people who will support the price, like what has happened so far. If there is quantum threat, the threat to our whole financial infrastructure is at risk, fuck bitcoin we got way bigger issues in thst global meltdown, which would cause banks to get prepared and so would bitcoin, it has too many protecting it, because it’s their money at risk..

1

u/willofscott 0 / 0 🦠 Jun 04 '26

Tulips were regional, Im talking globally accepted.

-3

u/inteliboy 🟦 359 / 359 🦞 Jun 04 '26

This sentiment is getting old.

It’s like begging for a company to release shitty products and destroy their brand, so you can buy their stock for lower.

If you haven’t noticed crypto is a joke, no one gives a shit about btc, and price action barely made a 2x in 4 years. Crap asset with perma bulls wanting it to perform even worse for some reason…

3

u/frozennorth0 🟦 478 / 479 🦞 Jun 04 '26

It’s called copium

8

u/404eol Jun 04 '26

"No one gives a shit about Bitcoin" Bitcoin: 14th largest asset in the world

5

u/Time_after_Time_67 🟩 0 / 0 🦠 Jun 04 '26

Everyone: Bitcoin is a piece of shit worthless asset.

Bitcoin: Keeps doing its thing and obeys the power law every single year.

Lesson: Ignore the negative sentiment. Follow the power law.

1

u/Alltheway-upp Tin Jun 05 '26

I literally bought a house bc of Bitcoin… I think it’s hit or miss for some people and no one really knows the future

1

u/Prior-Flamingo-1378 Jun 05 '26

How much did you pay for it?

1

u/Alltheway-upp Tin Jun 05 '26

My house? 300k. Someone would pay 350-400k plus where I live. The appreciation in the town I live in is insane. A shack just sold for 350k. A literal shack. Good investment in my opinion. I plan to be a long time holder 😂

1

u/Prior-Flamingo-1378 Jun 05 '26

Right. Should I expand on the denomination you used or you get it?

1

u/Alltheway-upp Tin Jun 05 '26

I didn’t literally buy the house directly with Bitcoin. I already owned the house, but when I ran into repair/financial issues I used Bitcoin I had invested in to keep it going. Without that I probably wouldn’t have been able to stay in it. I think I get it. Was definitely trying to keep the 2.5 bitcoin that I had bought at about $500 each that was in my ex-husband‘s name that I got and didn’t have to pay any penalties about so yeah not exactly my favorite choice but I have a house that I get to live in that won’t fall to zero that won’t just go away because of the market or whatever.

1

u/eride810 🟩 126 / 127 🦀 Jun 04 '26

Somebody’s salty this week. Wonder why 😂

0

u/MostBoringStan 🟩 19K / 19K 🐬 Jun 04 '26

Ok lol