Bitcoin

Out of context: Reply #2367

  • Started
  • Last post
  • 2,674 Responses
  • Krassy3

    so why is Bitcoin tanking now?

    • Because of the Fed stating that they're eyeing to issue a digital currency? or what?Krassy
    • S&P tanking as WAR gets priced in.shapesalad
    • It'll bounce up as WAR startsshapesalad
    • its the rassanssted
    • It's the Fed. Interests rates are going up, that will slow the economy. Everything is going down, pretty hard, for months.formed
    • No blood yet, but there will be. We need a big correction, runs like this are bubbles.formed
    • Crypto being the biggest of the bubbles, of course, with the longest to fall. First the little guys, then BTC, etc., will get destroyed.formed
    • How long before this bottoms out?Chimp
    • its the reguladoooooorsted
    • @Chimp i'm personally waiting for a 37 ish since 4amsted
    • It was at 10k 1.5 years ago. I can see it going back to that. First, there's little selling, little bounces, but still optimism.formed
    • but it should be at 39 now for that, this 40 barrier holds nice :) we need more bad news.sted
    • Then we have a few big, bad days and people start to get scared. They take profits. It goes down more, then people get scared, the ones that bought high,formed
    • @formed 10k in what timeframe? maybe in a year or so it will be around 20k. and thats it.sted
    • panic ensues, real fear, then real panic, then real blood....finally those that took nice profits, or planned with cash on the side (that's me), swoop informed
    • If we have a 'real' crash, like a 2000, 07, etc., I can see it going to $100, but that takes something we can't see yet (like war)formed
    • It's not just crypto, everything is going to go down a lot. This sugar high cna't last forever and people will start to panic when they can't get 30% returnsformed
    • in their sleep. It needs to go back to 10%, and that's gonna take some serious corrections (like DOW at 30k). High flyers always fall the fastest.formed
    • Have money ready, this could be one of the best opportunities we'll see for a long time!formed
    • @formed is the QBN financial advisor !Krassy
    • @formed yup, no doubtgrafician
    • because its the way of the universe.neverscared
    • lol, send your checks my way ;-)formed
    • it's going to be a tough year for everything, but once we have absorbed the hikes and return to earth with expectations, there will be another bull run, likeformed
    • there always is. How far we fall is what no one really knows.formed

View thread