Quote from: Silberman on November 28, 2021, 06:04:11 PM

Quote from: paxmao on November 26, 2021, 04:32:58 PM

I am observing today something similar to what happened in 2020 but at a micro-scale. The announcement of a new COVID variant that may be resistant to current vaccines has sent the Dow and the S&P down the drain, particularly airlines and other travel hospitality linked business. Zoom stocks are up, mining and raw materials down,... It looks like a repetition also in bitcoin price with a plunge that may be ongoing.

For those of you that are newer on hodling, just calm down, this is nothing new, bitcoin will be there tomorrow and, likely, rebounding after the initial collapse caused by the stop-loss orders triggering of the first days.

It is very similar to what we saw back then, the markets hate uncertainty and the pandemic has been full of it, the new variant of the virus seems to be one of the most dangerous to date, so the international community is very worried about it as they fear that we may have to go to square one and live once again the days in which the majority of the population of the world was under lockdown, and all of this when the economies of the world have not recovered and the inflation is already very high.

It is very interesting to see why new variants always appear at the end of the year and in a relatively short time these new variants appear everywhere and have even arrived in some countries that are quite far away.
the question is how do they show up fast enough? did they really exist or were they just made to have an impact that is as unexpected as it is today.

I'm getting fed up with stuff like this. Every year I have to hear variants that continue to mutate and create panic everywhere which affects the economy which is getting worse and worse.