Quote from: tokeweed on March 11, 2022, 06:35:18 PM

I think we're back again like 2018 when we're trying to cope and convince ourselves that the up trend that started around 2020 isn't over. I mean I have no crystal ball and I have no idea what's gonna happen but the price action is def not good right now. And if anything I think BTC will be testing 28k - 30k support again in a couple of months or so.

The up trend started on April 2019, we had a crash and recovery in 2020.
It seems like you are back in 2018 insisting on duplicating a crash that has no reason to be duplicated since the previous rise was not even close to 2017.

Quote from: lizarder on March 11, 2022, 07:22:05 PM

for example the case of the Iraq war, Palestine or other countries,

Can you provide solid proof? The examples you brought are not correct. For example Iraq was sanctioned and was effectively out of the oil market already when US invaded. Palestine isn't considered a player in oil markets. Other countries didn't have any major conflict affecting their oil, maybe in Syria but nothing more. The biggest I can think of was Saudi Aramco in 2019 which didn't affect oil price that much (about $4 increase in October).

Quote from: OgNasty on March 11, 2022, 11:26:12 PM

I think if we do see a horrible 2008 style recession in the US (and globally)

I don't think we can see that ever again because the world has changed significantly ever since 2008. Even then the effects weren't completely global, there were countries that were largely unaffected. In today's world the economy is not as entangled with US economy anymore, it is also becoming less entangled with it, basically the more US sanctions other countries the more it isolates itself.

Quote from: stompix on March 11, 2022, 11:47:43 PM

I've told people a few times, Europe still has a last resort option when it comes to gas prices, cutting all extra tax, which in most cases is more than half of the overall price

If Russia ends up sanctioning Europe and forces them to buy their gas elsewhere like from US the cost is going to go so high that no amount of "last resort" could solve the ridiculously high prices.

Quote from: stompix on March 11, 2022, 11:47:43 PM

If even half of what you're saying about the economic crisis, rising prices in basic goods, business shutting down, and so on and on, where is the money for investments going to come from? In a period as such isn't far more likely you will see poeple having to dig in their investments and selling them in order to pay for food and rent?

I'm not talking about crisis, I'm talking about hyper inflation.
As someone who has lived through a couple of hyper inflations let me tell you that people do invest to keep their purchasing power. In fact many of them go on an investment spree even if they go hungry.
I can show you pictures of long queues of people standing in line in 2018-2019 to buy gold coins because the government had just printed a ton of fiat and it was losing value.
Similarly the bitcoin market was also super heated despite 2018 being the bear market and most of 2019 being accumulation with no rise (against USD). I sold 0.1 bitcoin back then since I needed the money for about 35% higher than market price due to the huge demand during those times.