If the cryptocurrency world is in a bubble, then what the hell do we call the fiat markets? Cryptos are just getting warmed up.
You are viewing a single comment's thread from:
If the cryptocurrency world is in a bubble, then what the hell do we call the fiat markets? Cryptos are just getting warmed up.
That is exactly the kind of thing people in bubbles say.
Sure - we may be in a crypto bubble - but it's all relative is my main point. If bitcoin crashed money would just run to other cryptos like Etherum etc. Maybe a little into the metals.
It certainly wouldn't run to the stock market or most fiat currencies, considering we are seeing signs of stress and the beginning of a currency crisis.
Some people may not like Silver or Bitcoin but good luck finding a good better alternative!
Yes that is true. I think it would likely end up in Bitcoin.
That is exactly what I've said. The wealth has no exit, thus no where to go once it's trapped in crypto. And there are good stocks, and safer assets, but getting into them from crypto requires hiring an accountant.