Quote from: somac. on March 16, 2020, 08:29:51 AM

Quote from: Bossian on March 16, 2020, 08:13:38 AM

Honestly it looks like 3.5k is almost a sure thing now, lower high after lower high, the question now is do we see a lower low compared to January 2019 (3k)?
I tend to believe it is entirely possible. We will definitely see 6.5k again but probably not this year.

Even 1k-2k area is something we could see again. The good news is there will be another bubble in the future. Nothing better than Bitcoin to make 500%-1000% profits.

Yeah could very well do. Long-term of course it doesn't matter, the virus will eventually peak and so will the panic. The FED will do more than it is doing creating a shitload of liquidity in the process. Once the weights on global demand are lifted, assets will go up again and this time harder than after 2008 due to the much large central bank money being printed.

Throughout history, every bust has been followed by a bigger boom, this one will be no different.

Probably , yes...but this time is very different from anything that went before, so I would not be certain.

It is very early in this downwave, and there is no precedent to guide action.