Post
Topic
Board Bitcoin Discussion
Re: Elon Musk won't save Doge or Bitcoin this time
by
teosanru
on 28/05/2022, 17:41:09 UTC
We are back to the 90s, the Fed raised the rates by 0.50% - nothing is going to stop the trend of further rate hikes - which in turn will keep on taking the air out of the balloon so called Crypto.

I don't see a single evidence where it shows that Elon Musk saved doge, he was just involved in some sort of pumping schemes where he was buying doge putting up tweets and pumping it, Elon never saved it. Also talking about fed, how will rate hikes get money out of crypto? You think a person would stop investing in crypto because he is now getting 5.5% instead of 5% from his term deposit.