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RE: The last time Bitcoin's volatility was this low, it rallied by over $2k (25%)

in LeoFinance4 years ago

Its literally like betting against humanity. If the FED is printing huge amount of money then I seriously doubt we will actually see the stock market crash again. The only direction appears to be up unless the USD collapses in which case gold Silver and Crypto will sky rocket.

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this is by definition a bubble, and bubbles always pop. I wouldn't be so confident. Stocks do crash hard and they are currently completely decoupled from reality.

A bubble backed by the FED during an election year. :)

One could argue they have been mostly decoupled since 2009... At that point it was no longer a free market. It was a "Big Brother FED will have your back" market and it has been that way ever since.

yeah that's true, I mean perhaps it's a new economic model that somehow will continue to work. But I have heard that in general all fiat currencies have failed when they get printed to infinity. I guess the only thing that has prevented a dollar collapse is that the US still has a strong economy and military. But with China knocking next door...

Yes, on a long enough timeline all fiat currencies have failed. The USD may have years left, decades left, or centuries left but it too will likely eventually fail.

Agreed. From that standpoint bitcoin could do well as a risk asset along with stocks and it could also do well as a save haven should the dollar collapse... I like it's chances over the next 2 years. :)