Quote from: fabiorem on March 26, 2020, 04:11:42 PM

I believe it will fall to $700-800 at the end of the year.
There will be three or four more crashes in stock exchanges, each with a new virus being released. I read the next one is called "hantavirus".
Bitcoin will follow it, as it was proven to be worthless as a hedge against fiat financial crisis.

The halving might change this outcome, though, but we will not see the effect immediately.
One thing that might help is the exchanges reaching a consensus about putting circuit breakers on their books. These controls exists in the stock markets, and although they wont avoid the crash, it makes the impact less painful.

In the recent crash, bitcoin was poised to go to zero. It didnt happen because of a hardware failure in Bitmex servers. This level of vulnerability to derivatives dont happens with other assets. Exchanges should change their algos to provide some measure of security to its traders.

As for the retarded hodler cult, I would not listen to anything they say. In fact, I've put most of their members into the ignore list. They do make holders looks like retards. In fact, holding for a 500-year long bear market is a retarded thing, so do your research and sell a small part of your stash, if you feel this crisis might last more than you planned to hold bitcoin (usually five years for most people). Just dont go all-in in both directions, as banks are also vulnerable to this crisis and we dont know what governments are up to. Right now entire regions around the world have become prisons because a dozen people died from pneumonia.

Where do you get this stuff from? lol

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