Monday, 10 January 2022

So we have an upcoming eventual mega market crash - stocks/sp500/nasdaq composite index which will simply obliterate BTC and on the other hand we have Jeff Booth, Greg Foss, Michael Saylor and the rest of the mega bulls saying it's pure math and a matter of time before BTC 200-300k+! Let's discuss!

So US Government decides to increase yield on bonds , reduce reckless money printing and a bunch of other decisions that will eventually make stock investors move a lot of their money from stocks to bonds. Basically stocks become kind of a risky and uncertain assets while bonds become the opposite, safe haven, almost zero risk and guaranteed yield. That will eventually crash stocks/sp500 and so on. Understandably this means all huge institutional investors will take their money out of BTC. At best we are expecting another 2-3 to 4 year bear market before markets start to recover. BTC may as well go 10k under easily and stay other for a long time.

On the other hand Jeff Booth and Greg Floss may say that government can reduce money printing and improve bonds yields but that's just a temporary and eventually they will have to start printing lots of money again to avoid stock markets to crash because nobody wants that. Also they may say inflation is going to get worse and worse due to the money printing and the best bet against inflation is Bitcoin.

But my opinion is that Bitcoin is not dependant on reddit uses/bitcoin forums/youtube gurus etc. It's dependant on the big money! And big money is controlled mostly by people who consider BTC a very risky asset!

So I'm thinking who exactly is going to put a lot of money in Bitcoin in a market crisis where stock are going down by 50% and more in a couple of weeks/months. Who is going to risk it? Also is US Government really able to prevent another mega stock market crash? Nasdaq Composite Index is currently at all time highs up currently up around 600% from 2010!

Let's discuss this topic until we figure out every possible scenario!

submitted by /u/gen66
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Can someone here fix this link?

submitted by /u/MemoryDealers
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source https://www.reddit.com/r/btc/comments/rzzdyc/can_someone_here_fix_this_link/

Why is keeping your coin on exchanges dumb?

I see folks say this here and on the sub CC…. Is it just because they’re younger companies? Because of shady shit they’ve done? Because of weaker security? Help me understand.. because if crypto is going to go mainstream it’s going to need to get to the point where leaving my crypto on the exchange is not any more dumb than me leaving my fiat with my bank, or stocks with Charles Schwab (or the like). What am I missing? Thanks!

EDIT: thanks all for the insight, but do you think I’m wrong that at some point if crypto is to really be mainstream these exchanges will need to be similarly safe as stocks left in the custody of your brokerage house? Thanks again!

submitted by /u/aPinkFloyd
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Bitcoin Snaps 6-Day Losing Streak, Holds Above $40K

Bitcoin Snaps 6-Day Losing Streak, Holds Above $40K submitted by /u/skillfulbasin67
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source https://www.reddit.com/r/btc/comments/rzz49f/bitcoin_snaps_6day_losing_streak_holds_above_40k/

Selling property, offered a bitcoin when asking $49k down. What would you take?

I have no idea about crypto, was offered a bitcoin or 40k of the 49k I'm asking. I have been researching bitcoin a bit and must say this is above my pay grade. It looks like a roller coaster ride, though profitable in the long term. Would any of you wonderful geniuses out there offer a suggestion? And how does accessing the funds internationally work?

submitted by /u/whywedoittoourselves
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'Making a Stronger Impact Artistically' — An In-Depth Discussion About NFTs With System of a Down’s Serj Tankian

'Making a Stronger Impact Artistically' — An In-Depth Discussion About NFTs With System of a Down’s Serj Tankian submitted by /u/jamieBitcoinDotCom
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source https://www.reddit.com/r/btc/comments/rzy69t/making_a_stronger_impact_artistically_an_indepth/

Sunday, 9 January 2022