Post
Topic
Board Speculation
Merits 2 from 1 user
Re: bitcoin is supposed to go up of this corona! people are doing it wrong
by
exstasie
on 09/03/2020, 09:23:13 UTC
⭐ Merited by Cnut237 (2)
Bitcoin isn't supposed to do anything. It's the honey badger of money!

this global pandemic is here to stay

cash will carry virus, so bitcoin is the way..
economy is falling down, stocks in red , bitcoin is the way.

Looks like they are both falling together. Like I've said before, a bullish global economy is good for BTC because it encourages speculation and risky investment. A global contraction would do the opposite.

buy supplies and food for atleast 3 months. fill gas in your vehicle.

If GDP estimates keep dropping and stock markets keep dumping, crude oil will keep following them down too. Given your prediction, you might as well wait to fill the gas tank. Gas will get cheaper. Cheesy