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Market crash and crypto

 
Allmotor
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09/10/2021 11:47 PM
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Market crash and crypto
so I’m curious about your opinions here on what direction crypto will go once the economy/stocks start crashing once people start quitting jobs because of the forced vax, will crypto crash with everything else at the same time ? I notice majority of the crypto market moves in one direction at the same time up or down
Allmotor
Allmotor  (OP)

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09/11/2021 12:10 AM
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Re: Market crash and crypto
bump
Allmotor
Anonymous Coward
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09/11/2021 12:19 AM
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Re: Market crash and crypto
If the stock market crashes the cryptos will too but they will recover faster. The liquidity crisis will cause them to plummet (people will need that money to deal with the mess happening with the rest of their portfolio).

This will be the buying opportunity of the century especially for a lot of the altcoins. Start stacking cash now and do your research into what alt coins you want and I suggest choosing at least 40 to have a nice spread.

It's hard to say when the stock market is going to crash it could be Monday because of recent events or it could be in a year it just depends on how stupid everyone is and how much they keep believing the FED.
My Foolish Daydream

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09/11/2021 12:24 AM

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Re: Market crash and crypto
I would expect crypto to crash with the stock market. It's just what will recover and what will not is the question.
It's just a bad day, not a bad life. If you run, I will run, until my last breath.
Anonymous Coward
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09/11/2021 12:31 AM
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Re: Market crash and crypto
If the stock market crashes the cryptos will too [...]
 Quoting: Anonymous Coward 77603895


but if the usd crashes, crypto would go up, as it's denominated in usd.

that would be useful for paying off like a mortgage.

the value of the dollar is tied to confidence in the U.S. economy. so it seems complicated...
Rainbow7

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09/11/2021 12:37 AM
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Re: Market crash and crypto
Crypto will be final nail in the coffin of a free society.
Jungleboogie

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09/11/2021 12:44 AM
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Re: Market crash and crypto
Crypto will be final nail in the coffin of a free society.
 Quoting: Rainbow7


Nope, that's called FIAT money.
Embrace the cognitive dissonance.
doogos

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09/11/2021 12:47 AM
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Re: Market crash and crypto
The Moral of the Story Is???

[link to youtu.be (secure)]

Whatever's Clever

User ID: 75193690
Australia
09/11/2021 12:52 AM
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Re: Market crash and crypto
crash vs underground market (?)
??
Anonymous Coward
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09/11/2021 12:57 AM
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Re: Market crash and crypto
Centralized Fed-Coin will take over. All other currency will be squashed and/or made illegal.

Everything we think we understand about money today will become obsolete. Throw it on the gorund.


[link to www.youtube.com (secure)]

The SDR will replace the USD as the world's reserve currency and be completely controlled by the IMF and World Bank.

[link to www.investopedia.com (secure)]

This is the plan. We're all fucked in this regard.

Bon Chance!
Allmotor  (OP)

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09/11/2021 10:11 AM
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Re: Market crash and crypto
And now this….

[link to mobile.twitter.com (secure)]
Allmotor
Ladye Jayne SmithModerator
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09/11/2021 10:16 AM

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Re: Market crash and crypto
Yes, crypto will crash alongside the other markets.

Look back to March 2020 for a quick, recent example.
Fate whispers to the warrior

"You cannot withstand the storm"

the warrior whispers back

"I am the storm"

INTJ-A

Killer Bunny
Allmotor  (OP)

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09/11/2021 10:21 AM
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Re: Market crash and crypto
And add in also that the judge in the SEC vs XRP court case is asking to see privilege/financial documents from the SEC employees to see if they were trading XRP might just lead to this whole case falling apart and XRP winning the case
Allmotor
Anonymous Coward
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09/11/2021 10:45 AM
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Re: Market crash and crypto
Centralized Fed-Coin will take over. All other currency will be squashed and/or made illegal.

Everything we think we understand about money today will become obsolete. Throw it on the gorund.


[link to www.youtube.com (secure)]

The SDR will replace the USD as the world's reserve currency and be completely controlled by the IMF and World Bank.

[link to www.investopedia.com (secure)]

This is the plan. We're all fucked in this regard.

Bon Chance!
 Quoting: iSwear


This.

The "New Money" will be centrally controlled.

Every transaction logged by authorities.

Time limit built in, your money will "expire" if you don't use it in time - no "hoarding"!

Some of it will be earmarked and only available for certain purchases.

Every alternative will be illegal.

Old money = useless

Gold and Silver = useless

Crypto = useless

(All assuming their plans work out, of course!)
Anonymous Coward
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09/11/2021 10:49 AM
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Re: Market crash and crypto
Crypto is only intrinsic, it's value is only backed up by emotion.

Stock values are determined by a company producing something.

You be the judge.
Anonymous Coward
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09/11/2021 10:57 AM
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Re: Market crash and crypto
Cryptos are not stocks

Or so someone told me
Anonymous Coward
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09/11/2021 11:03 AM
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Re: Market crash and crypto
Crypto will be final nail in the coffin of a free society.
 Quoting: Rainbow7


Fail.





GLP