Bitcoin will crash to 4000$ in 2022 June - July | |
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SIRREAL User ID: 78353339 ![]() 05/11/2022 03:58 PM Report Abusive Post Report Copyright Violation | don't short Bitcoin on exchanges Quoting: Anonymous Coward 80303254 use Stock company which are invested in Bitcoin and short these if possible Most crypto exchange will belly up after the crash Why would they belly up when they are hedged? Whatever remains however improbable must be the truth. Too many Lex Luthers, not enough Bruce Waynes. |
Anonymous Coward User ID: 73310324 ![]() 05/11/2022 03:59 PM Report Abusive Post Report Copyright Violation | don't short Bitcoin on exchanges Quoting: Anonymous Coward 80303254 use Stock company which are invested in Bitcoin and short these if possible Most crypto exchange will belly up after the crash could you elaborate some more here.? How much more information do you need |
Anonymous Coward User ID: 79633809 ![]() 05/11/2022 04:00 PM Report Abusive Post Report Copyright Violation | Cryptos are backed by nothing, even the platforms claiming they have pegged their tokens two various valuable commodities wouldn't be able to provide holders willing to get a certificate of ownership or even get their hands over these pretended convertible values, that's completely insane. Hence most of smart crypto gamblers use to convert their gains to fiat to then get something worth and tangible, they don't use crypto wallets to store their wealth but rather to control their net worth outside the online platforms. Finally your claim about inflation is clearly foolish, why would you buy cryptos with hyperinflating fiat when in the meantime many try to withdraw their savings to face the fiat downing spiral ? maybe in the first place the phenomena you described would occur but it wouldn't last long at all, that would be the brainwashing effect of those that foolishly put their faith in toxic digital nothing worth fuzzy bytes. Also many retailers and services providers accepting cryptos for payment today, will soon vanish very rapidly, that's when I believe the mirage will suddenly dissipate and sets a new round of panic over the crypto exchange platforms. The digital euro, dollar and else, will all be backed by real valuable commodities, and will be fitting the main frame established by the BIS, all the cryptos aren't regulated by these international banking regulations, and guess what ? you are willingly being kept unaware about that fat jack by the big boys that actually are pulling the strings, there won't either be convertibility possible between these mainstream backed digital currencies and the fuzzy cryptos, you'll have to get fiat to then convert it to these new digital currencies able to purchase anything anywhere at the speed of light, anyways it's a digital consolidated prison that is dawning on us, dumb and evil! Just another crypto hater. According with you crypto should crash years a go. You never trust, so it's nothing new. Your assumptions are based on nothing. You said "digital euro will be backed by real commodities"? That's bullshit. Why aren't backed now already? Because those who have power to print money will do whatever they want. Simple as that. Crypto just take that power from them. OK, crypto have nothing in back. Just one thing: cannot be printed how they want. Your talking is like ![]() |
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Anonymous Coward User ID: 80259855 ![]() 05/11/2022 04:21 PM Report Abusive Post Report Copyright Violation | OP is onto something A crypto/precious metals youtuber who warned about the high of Bitcoin, and a crash of Doge has just tweeted . Quoting: Anonymous Coward 83079724 He also warned to the silver community that Silver was going to crash with a live concert last year. he is a very mysterious algotrader . he recently posted that he figured out that on Sep 2021, Burry posted a secret message warning of the crypto market crash we are seeing now. https://twitter.com/_/status/1524213390952050689 |
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Anonymous Coward User ID: 80143766 05/11/2022 04:26 PM Report Abusive Post Report Copyright Violation | BTC and many cryptos will collapse, because the dollar and the euro are worthless, as the these fiat currencies down spiral to oblivions, many will rush to withdraw and convert their token to fiat to then either buy something tangible or to shift to other speculative investments strategies, that's for the smart guys that can even afford to lose it all without undermining their comfortable standard of living. Quoting: Anonymous Coward 82854957 All the other schmucks will be wiped out, go bankrupt just when a global inflationary depression hits the whole global economy. Cryptos are mostly tied to fiat, if suddenly fiat hyperinflate to become actually worthless, or if cryptos are made unconvertible to any fiat, the Ponzi crypto gambling scam would collapse overnight, leaving behind all the dumbed down brainwashed purist cointards holders and the stuck wannabe rich quick bagholders. Not even mentioning the social meltdown as a result of many clueless idiots that would have lost third parties savings, that believed in their claims about paying them back double digits percentage return over their investment. This makes zero sense. Fiat is on its last legs. Our children won’t even know what paper money looks like. As inflation hastens, the value of crypto will sky rocket. As Thiel said, BTC is how we store value so it’s analogous to gold except undervalued by 100x. I do believe there is fraud in stable coins but against the collapse of fiat, I’m rolling with crypto thank you very much. BTC could never drop to $4K for two important reasons; 1) Fiat is too weak. That $4K is in dollar terms and the dollar is imploding 2) There’s too much support for BTC even at the $20K level let alone $10K or $5K. Remember it’s not just held by crazy GLPers anymore. Now it’s held by hedge funds, pension funds, etc. Did you see what just happened to UST stable coin??? Now think about USDT tether. It's not backed... most BTC is bought with tether. There is no way you can say what you said and know about ust and the liability of usdt. |
Anonymous Coward User ID: 77994864 ![]() 05/11/2022 04:32 PM Report Abusive Post Report Copyright Violation | BTC and many cryptos will collapse, because the dollar and the euro are worthless, as the these fiat currencies down spiral to oblivions, many will rush to withdraw and convert their token to fiat to then either buy something tangible or to shift to other speculative investments strategies, that's for the smart guys that can even afford to lose it all without undermining their comfortable standard of living. Quoting: Anonymous Coward 82854957 All the other schmucks will be wiped out, go bankrupt just when a global inflationary depression hits the whole global economy. Cryptos are mostly tied to fiat, if suddenly fiat hyperinflate to become actually worthless, or if cryptos are made unconvertible to any fiat, the Ponzi crypto gambling scam would collapse overnight, leaving behind all the dumbed down brainwashed purist cointards holders and the stuck wannabe rich quick bagholders. Not even mentioning the social meltdown as a result of many clueless idiots that would have lost third parties savings, that believed in their claims about paying them back double digits percentage return over their investment. This makes zero sense. Fiat is on its last legs. Our children won’t even know what paper money looks like. As inflation hastens, the value of crypto will sky rocket. As Thiel said, BTC is how we store value so it’s analogous to gold except undervalued by 100x. I do believe there is fraud in stable coins but against the collapse of fiat, I’m rolling with crypto thank you very much. BTC could never drop to $4K for two important reasons; 1) Fiat is too weak. That $4K is in dollar terms and the dollar is imploding 2) There’s too much support for BTC even at the $20K level let alone $10K or $5K. Remember it’s not just held by crazy GLPers anymore. Now it’s held by hedge funds, pension funds, etc. Did you see what just happened to UST stable coin??? Now think about USDT tether. It's not backed... most BTC is bought with tether. There is no way you can say what you said and know about ust and the liability of usdt. USDT (Tether) is holding steady at .9976 cents - almost perfectly tethered to USD 1:1 and has not wavered through any of this recent volatility. Not sure what makes you believe it will now. |
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Anonymous Coward User ID: 73649866 ![]() 05/11/2022 05:23 PM Report Abusive Post Report Copyright Violation | If USD and EURO weaken with inflation, crypto currencies should increase in value. Except for the stable coins which pin themselves to the dollar or euro. Quoting: Strate8 But that is not actually happening right now because crypto is going down. Crypto has become so correlated with the stock market (I presume due to corporate/mainstream investment) that Barrons stated this year (2022): Crypto is now more closely tied to stocks than gold, investment-grade bonds, and major currencies, implying that its diversification benefits have largely vanished Quoting: [link to www.barrons.com (secure)] ------------ You are discrediting yourself. First you say crypto will tank because fiat is tanking with inflation Quoting: Anonymous Coward 80301264 You get bitchslapped about how the exact opposite will happen because as fiat weakens crypto strengthens. It takes more and more low value fiat to buy anything. That is the definition of inflation. [...] IMO you are missing the point of what a monetary and economic collapse entails. As fiat falls there is of course an upward push to both stocks and crypto [valued in them]. However, stocks & crypto are not safe havens. An economic collapse is a spiral that drags everything paper down, ultimately. Stocks don't magically "survive" just because they're valued in a collapsing currency. Nor does crypto. Here's why (common sense IMO): Currencies failing means an inability to purchase commodities at any price (food and oil). Companies who can't buy resources and can't pay their workers enough money to eat.... GO BANKRUPT. When companies bankrupt, their stocks crash and any corporate crypto assets get liquidated. Thus any upward push in stock or crypto prices due to fiat collapse is ephemeral. The same thing happens with people (individuals): i.e. What do people do who are unable to buy food with their fiat? They liquidate their assets to buy food. Safe haven or non-safe haven. This is why crypto eventually crashes. It's true the NWO currency will be a crypto, etc. But before the phoenix comes the ashes. CMIIW. |
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TerraFirma's Esoterrorist User ID: 58851912 ![]() 05/11/2022 05:39 PM Report Abusive Post Report Copyright Violation | USDT Will go down sooner or later. It is a scam, just a bigger one than UST. Quoting: Anonymous Coward 81687694 Yes its like a classic bank run. The first big bank defaults and then the massive withdrawals rapidly spread to the other stablecoin/banks that will also default, unless they shut down the ecosystem and try to work out a reset. With so few stablecoin tethers (big bank equivalents) available within the crypto-verse, this leaves far too few EXITS for such a massive, panicked, stampeding mob. This has all the signs and makings of a crypto-sector-wide Extinction Level Event. What seemed like A Wonderful Life at the start, may not have such a happy ending. [link to www.youtube.com (secure)] Last Edited by TerraFirma's Esoterrorist on 05/11/2022 05:40 PM "Keep a weather eye to the chart on high and go home another way" –James Taylor Never Die Young |
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NostraAnnus User ID: 81658981 ![]() 05/11/2022 05:43 PM ![]() Report Abusive Post Report Copyright Violation | 4000 you say? I'll still be in profit, sweet. I saw it coming - it was an Inevitability Fatality. Truth Ranger. Ipso Facto. Inevitability. -------------------------------------------------------------------------------------------------------------------------------------- Truth is like the sun... |
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