Quote from: Winterfrost on October 08, 2023, 03:06:03 PM

Quote from: JayJuanGee on October 08, 2023, 02:29:08 PM

Quote from: Wind_FURY on October 08, 2023, 08:02:52 AM

Quote from: JayJuanGee on October 05, 2023, 03:23:35 PM

[edited out]

What? Hahaha. OK, are you saying that in a recession environment and during a phase when the Federal Reserve and other Central Banks around the world are fighting inflation through Rate Hikes and Quantitative Tightening, WHICH will also cause phases of monetary DEFLATION = It's a biased take to say that there's a higher probability that prices of stocks and commodities, many other assets could crash?

I doubt that I am saying that, even though I am saying that you are likely not as unbiased and objective as you are striving to put yourself out to be.

Quote from: Wind_FURY on October 08, 2023, 08:02:52 AM

IF you're saying it's "biased" merely because it was I who posted it, then that's ad hominem, ser. Cool

which is also far from a given, even if like you said, you are merely describing what you believe to be "greater likelihoods" blah blah blah.

Do you believe it can be possible?

GOOD QUESTION, and personally, I believe the probability is higher than what the "smart people" in the forum expect.

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It is so sad that we do involve the government and other political happening here in this discussion and how it has affected the stock and commodity markets. and how Bitcoin is no exceptional will crash. I know we are in a bear market in which multiple geo-political/ economical events are highly fueling the fire in dropping the price of Bitcoin.

What would you say it's "sad" because it's actually not. It's just part of the dynamic that affects everything in modern civilization. Plus everything is currently more inter-connected now because of the internet, it's unavoidable.

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Without doubt i am getting to believe that people who talk about economic bla bla matters are the ones who are tired of holding and buying more bitcoin because its obvious that this factors have their advantages as well, the price of Bitcoin which is low, now good to buy even more at least a lot of average persons who has keen interest will be able to afford and accumulate some good amount at this period. Even a lot of people are holding risky altcoins that may never recover from the crash and they still believe it will go up, tell me why should we lack confident in Bitcoin because of mere economic factor which has been there from the start of life.

OK, then should we throw the facts out of the window and merely hold on to what you want to believe will happen? Because it's a fact that we're currently in a phase of Quantitative Tightening because Inflation is not transitory, it's sticky. If the tightening continues, there would be less money in circulation, which will mean in time, there will be less demand, less cash for those who need it, it will cause lay-offs, then a recession. Do you believe there's a higher probability that Bitcoin will surge higher in such an environment, or crash lower?