Re: bitcoin is supposed to go up of this corona! people are doing it wrong
Bitcoin isn't supposed to do anything. It's the honey badger of money!
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.
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.
This is one of the best reply for some of us calling for bull market at a grobal recession moment because of the infect of covid19. I believe that most of our political and financial analysts did not see this coming. Bitcoin exist in the world and it could not have done different in the face of this pandemic. 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.
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.