Crypto market crashes anew as trading platform Celsius freezes up | CBC News

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Bitcoin and other cryptocurrencies plunged through the weekend and into Monday as high inflation sent investors running for the exits and caused major trading platforms to seize up.

Posted: Jun 13, 2022 9:38 AM ET | Last Updated: 1 hour ago After peaking in November 2021, bitcoin has lost half of its value. A man stands next to the bitcoin sign in Riga, Latvia, Nov. 9, 2017.

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Business I still remember getting into it on Twitter with Mr. Don Pitts of the CBC after he wrote this piece on Bitcoin. I wonder how many took his side, and lost their shirts? Cryptocurrencies have always been, are, and will always be a scam.

Business When i screw that bolt i like to see it not imagin it its like physics between reality or not

Business Against physics lol you get it like physical money

Business Oo in the cript ok sounds like a dugen oops red flag

Business If your banker wears a hoodie and a baseball cap on backwards, walk away.

Business And the walls come tumbling down 😂😂✌️

I'm so glad I decided to stay away from Crypto.

Crypto currency is the most blatantly obvious display of how fake our fiat dollars and trade system is. Inflation is the result of our fake monetary system having no substance. That with the least substance shall fall the hardest in the next couple of years.

Maybe revisit why you take crypto exchange ad money. Oh, and could you send the 5th Estate out to ask why Canada’s largest public pension funds gambled hundred of millions on a Ponzi scheme. Never mind, just fill 24hrs of newsworld with “gas prices. Crazy eh?”

Buy the dip

Anyone who invested in fake money is now reaping the benefits!

KlondikePapers is Canadian News. NOT this pewpew fake money crap.

Good

Its all crashing down, greatreset, bulidbackbetter and all those 'conspiracy theories'

Many other pyramid schemes about to fold too.

So much for inflation proof eh PierrePoilievre

PierrePoilievre should I cash out my bitcoin and buy lumber? PierrePoilievreIsLyingToYou

DefundTheCBC

Uh that’s not why lol.

But I thought a certain candidate to be Prime Minister told Canadians that crypto was a way to opt-out inflation 🙄😂

Hey PierrePoilievre , so crypto is going to solve the Canadian debt, you so famously tout

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Crypto company Celsius Network freezes customer withdrawals, transfers citing ‘extreme market conditions’In a blog post, the Celsius says it is working to meet its withdrawal obligations and is considering ‘various options’ globebusiness This is what happens when people have no idea of what the technology can do. Shame really Proof that this crypto bs is not a safe option at all. But….but…. It’s inflation proof!! That’s what pp said
Source: globeandmail - 🏆 5. / 92 Read more »

Crypto company Celsius Network freezes customer withdrawals, transfers citing ‘extreme market conditions’In a blog post, the Celsius says it is working to meet its withdrawal obligations and is considering ‘various options’ globebusiness This is what happens when people have no idea of what the technology can do. Shame really Proof that this crypto bs is not a safe option at all. But….but…. It’s inflation proof!! That’s what pp said
Source: globeandmail - 🏆 5. / 92 Read more »