The crypto market, that most depressing of spectacles, has once again proven itself a stage for grandiose delusions and sudden collapses. Bitcoin, that modern-day Icarus of finance, recently nosedived past the $100,000 mark-a psychological barrier now as meaningless as a politician’s promise-erasing $200 billion in three days. A modest sum, really, for those who forgot the difference between speculation and savings.
Social media, ever the echo chamber of panic, buzzed with reactions. But the crown for laconic genius must go to Billy Markus, the Dogecoin architect and internet icon, who offered his profound take via Twitter: “man wtf bitcoin.” A Shakespearean tragedy in three words, if ever there were one.
man wtf bitcoin
– Shibetoshi Nakamoto (@BillyM2k) November 14, 2025
Markus’ succinct bewilderment perfectly captured the despair of $1.1 billion in liquidated positions-a mere trifle for those who thought crypto was a retirement plan.
What’s happening to Dogecoin now?
As for his beloved creation, Dogecoin-yes, the meme coin with a market cap of $24.4 billion-its value plummeted 8.56% in a single day. Since October, it’s shed 33% of its value, now trading below $0.20 per coin. A fitting price for something named after a dog, one might say.
Markus, ever the optimist, blamed the U.S. government’s recent reopening after a record shutdown, suggesting they shut down again. A solution as practical as blaming the moon for tides. Whether this bureaucratic incompetence triggered crypto’s woes remains unclear-though it’s equally unclear why anyone trusted this market with their life savings.
In the end, one can only marvel at humanity’s capacity to turn digital ledgers into modern mythology. Or, as Markus might say: “man wtf everyone.” 🤷♂️🐕🦺💥
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2025-11-14 18:07