Post
Topic
Board Trading Discussion
Re: Opinion: Oilprice drop -> Bitcoin up?
by
el kaka22
on 23/04/2020, 19:52:56 UTC
What implications could the oil price drop on the mid-term bitcoin price have?

Do you think it is more likely that investors will switch to Bitcoin, or do you think it could be that the money is flowing out of the crypto world due to the uncertainty in the markets? Could it possibly have no effect at all on the Bitcoin course?
It is USA that I am really worried about. Think about it, they literally went to war with a whole nation just so they could get the money out of there and also the oil as well. They took all of Saddams money, and they took as much oil as they potentially can with the disguise of "helping the country recover" and sending money and things to get them better which they really didn't actually, they suck way worse then before the war but that is how USA took all of their oil.

USA has done this oil wars plenty of times before, hell they have overthrown governments in Latin America just to put a puppet president that will give the oil to USA. After all of that, after countless deaths, after all that power trip, now oil is quite cheap and anyone can have it, I can buy barrels of it myself, I can literally buy enough oil to stack them together so high it would be as big as an apartment (well about 3-4 floors nothing too high).

So they must be feeling horrible because all of that was for nothing, oil is cheap and world changing to renewable energy anyway, which you can't steal, its literally wind and sun, you can't steal them lol.