Bitcoin could go down another 30+% over next few months

If thats the case then the banks are going to fail by the end of the year. You better find somewhere to store it.

Cyrpto is global thus everyone can put different forms of currency into it. US banks are not.

Stocks are based on the real economy and energy and inflation is going to kill lots of those off.

Feds raising the rates will hurt gold and silver prices but will have no affect on energy prices that cause inflation.

FDIC is insolvent. Too many social programs and big government.

Thanks dc

Last Edited by messagehalted on 06/01/2022 11:18 PM

Breaking news…..fake money is fake.

all money is fake. We could turn piles of dog shit in plastic bags into money and give it a value with labor and the banks would loan it out.

Last Edited by messagehalted on 06/01/2022 11:58 PM

Wow!

Excellent analysis of the turd we've been gifted by the J worshiping boohmers.

Yeah, It's crashing again.

No it's not crashing tard.

Crypto is vastly faith-based and locked in to disposable income for retail investors. If they have no disposable income, they'll withdraw their money.. if western banks fail, think about where you'll be able to withdraw the funds to?

BTC is a ponzi with no utility, if it drops to around the 10k mark, then nobody will want to mine the remaining coins due to the sheer costs involved now on the final 2m coins.

What a safe thing to predict

SP500 will go down the same amount, maybe more. Stocks are even less valuable than Bitcoin in most cases.

Bitcoin will soon, this month, be announced as the official currency of the LGBT community.

BTC collapses, regulations are on the table.

CFTC Commissioner Seeks Crypto Regulation after Terra Collapse

Pham, who assumed the top CFTC post in April, thinks that the collapse of Terra has made it crucial for immediate crypto regulations to save public interest. She wants a collaborative approach with the US Congress toward the regulations.
“So, I really welcome the efforts of Congress to provide a clear and holistic regulatory framework over crypto, and to make it very clear and even to expand the CFTC's jurisdiction in this space, to make sure that there's that clarity for the industry so that way there can be more growth in compliant digital asset markets with adequate protections for the retail public,” the Commissioner said.
Meanwhile, the regulator continues to bust violators in the cryptocurrency investment space, including the ones in the spot markets. The agency has already made over 50 enforcement actions, imposing $750 million in penalties.

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


BTC and all ALT coins will have to comply with rules and regulations sooner than later, smart holders are getting out because the cryptos won't be as volatile and bullish as previous times, investors too are getting out, but gamblers, mostly clueless, will continue to ride their wet dream until the news hits the wire and they get caught pants down holding their bags.

So there's still a lot of money to make with cryptos, playing hype momentums and of course the coming dead cat bounces, but the wild era is over, the game is getting tougher now.

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

Crypto is down on average the same amount that the stock markets are. To say the crypto markets are crashing is disingenuous since everything else is crashing along with it.

Just a scam with a lot of smelly self-serving BS around it. Garbage money made by no one.

so, crypto is 1:1 with everything else...that's your assertion?

do you have a time series of crypto and a few stock indices?

i'd love to see that...

the natural log of day-over-day returns on many financial instruments is normally distributed.

Crypto has literally become Nasdaq even the % moves are exactly identical lol. Speaking of the majors ETH BTC.

It’s just another gamblers paradise like stonks were to the tards going all in, so when markets crash so does crypto.

It will eventually find a base somewhere where there is real value of using it for economics say if the worlds banking system collapses then it might take a form of its own again.

Which protocol wins who knows but most likely something like NEAR ect. Unless eth magically fixes fees and speed which will never happen.

Are these the same people that said it was going to 100K last year?

It's almost as if the 'news' is used to manipulate people into parting with their crypto cheap or buying it when expensive

You were all warned in advance.

Down 20% already in just past week alone.

And it did. Just like that, bitcoin took yo money and ran like a mf'er.

If the forces in the world want to crush Michael Saylor, I think it will go down more than that.

I’m planning on it.

Op nailed it.

Another crypto crash wave incoming.

Expect bitcoin to go below $15k.

bitcoin - yes
xrp/xlm - no

Expected to start the drop any day now.

Good. Now fuck off

Bottom is around $13k. Uncle Intel.

Social programs or just giving away billions a year to but fuck no where