Anyone with actual rundown on why from crypto to financial markets are crashing?
Anyone with actual rundown on why from crypto to financial markets are crashing?
Mason Evans
Other urls found in this thread:
bitslog.wordpress.com
twitter.com
Robert Hill
It's god damn fucking Bogs!
William Barnes
Fed raising interest rates, China news, Wall Street hates wage growth of any kind real or imagined
Jaxson Perry
Can you give me an actual run down of why they had any gains to begin with? If you can't explain what Bitcoin was doing at $19,500 in the first place, then that's the reason why it's crashing.
Charles Robinson
lmao
/thread
Charles Rogers
China News?
James Robinson
The death of crapitalism
Nicholas Reyes
I hate leftists so much, but I bet Marx was a chill guy to talk to.
Jaxon Walker
people are selling their bitcoin for lower and lower prices
Jackson Hill
Well the stock market growth the past year has mostly been from an increase in price to earnings. Everyone knew it was going to pop for the last three years or so, they just didn't know when. This might not be the pop but it sure as fuck might be, all it takes is some really bad days to get the ball rolling. Today will say a lot.
Bitcoin was/is expensive because of market manipulation, fraud and hype. Best thing you can do with that is sit back and wait for everyone to say crypto is shit - then it is time to start looking at buying.
Luis Watson
RIP in peace based Slav.
Hudson Fisher
recession
people said crypto was a bubble
spoiler alert
the entire world economy is a bubble.
look up the fucking over one Q U A D R I L L I O N
derivatives market
Anthony Cox
best explanation is best.
Samuel Sanders
This desu senpai. Although to be exact, the economy is a shitload of bubbles of different sizes. Most bubbles are small enough ot be stable or considered stable, while the biggest bubbles grow and float to the top of this basket of bubbles, when that happens it has more and more contact surface with air/container and the chance of it popping increases. The trick is spotting the big bubbles close to popping and playing with them until right before they burst.
Charles Wood
I got something that scares you it's called economy 101
Not really he was probably just like all Marxists a spoiled rich kid failure
David Cook
They are contracting the money supply. And crypto is simply correcting the hype.
Hunter Thomas
ok
John Johnson
>the world economy is one gigantic game of hot potato
>when they get burned they get bailed out
but yeah bitcoin is bad and a ponzi scheme
glad i keep so much in crypto desu
Luis Hill
Yeah but is it the Fed raising interest what's popping the financial bubble?
Idc about cripto though obviously it's on the popular phase.
Wyatt Ramirez
I understand why people call it a ponzi scheme, but I don't think that's quite accurate, since the authors/creators are no the ones who will run off with most of the money. I'm sure they will benefit, but at the same time It's hard to tell what would happen with *coins when they first came out.
Maybe soon we'll have a new word for these kind of scams: coin schemes.
Jace Green
I assume he means china banning crypto exchanges.
Angel Gutierrez
are you this dense? was 19500 because people where buying it at that price, why avocado sandwiches are 15$ why renting or buying in a place is more expensive than another?
Cooper Powell
The funny thing about BTC is.. the creator hasn't ever touched his wallets
John Thompson
How do we even know which wallets are his? Sorry, I'm bad on *coin history.
Michael Kelly
i dont know the addresses exactly but the blocks he mined basically
bitslog.wordpress.com
Ethan Bell
Alright
Austin Jones
how can anyone take economics seriously anymore since it came to light that just two wings of the pentagon-- DOJ and Army-- had more undocumented expenditures than the entire US national debt?