r/CryptoCurrency 16d ago

OFFICIAL Daily Crypto Discussion - August 11, 2025 (GMT+0)

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.

 

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Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

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u/VariatCA 🟦 3K / 3K 🐢 16d ago

Crypto bears are going to be making my doordash deliveries in their Mercedes for a while after this week's price action

3

u/Simke11 🟦 0 / 5K 🦠 16d ago

Fun fact, most of them didn't actually short shit, so they didn't make any money on being bears. They either cried, panic sold, or most likely both.

2

u/VariatCA 🟦 3K / 3K 🐢 16d ago

Definitely a lot of investor-roleplaying Buttcoiners out there who love the talk but never take the walk. In that dogpile though, there are a few I could name that have absolutely lost their shirt on the BTC-short side of their portfolios, including one guy who's been shorting it since 18k back in late 2022.

1

u/Simke11 🟦 0 / 5K 🦠 16d ago

Oh yeah, if they did short most of them would have done it at the bottom