/biz/ - Business & Finance

>>57437234
FASTER

lower

>>51251753

>>50847558

>>50159075

Nah.. you'd be surprised just how much it would take for exchanges to really feel the heat.

Bitcoin could go to 5k and exchanges would still operate fine.. but this assumes a gradual decline not say something like tether collapsing and everything going to shit straight away with a liquidity crisis.

Hell bitcoin could go to $1 over time and it wouldn't crash the exchanges.. The price is relative to the state of the markets.

Interest rates will continue to climb until at least Q2 2023 and with that markets will continue to decline incl bitcoin because put simply money is more expensive so the system in which it operates puts downward pressure on the price of everything.. add on to that the inflationary and supply chain issues we have and yea you get the idea.

Useless credit tech companies (the billion varieties of buy now pay later) will get wiped out thankfully and we'll get a return to the mean not just financially but also fundamentally.

The next big hit will be fun and it is going to be when youtube and other associated social media entities slash their pay rates to influencers etc (this includes reduced sponsorship payments) and suddenly the whole "influencer" model isn't anywhere near as profitable as it once was.. which hammers 99% of people just trying to cut it.

If you play chess you'll understand that it doesn't matter where you move at this point because there's a lot of pain coming. Necessary pain.

I don't get why anyone would want to be a bitcoin maxi like saylor - The risk is astronomical.

We've seen the internet meme trends and how quickly money can be thrown at something or how quickly something can gain traction when various groups push for it in the public space.

It really wouldn't take much for a new coin (or existing) to be the next 'it' thing to outflank bitcoin or at the very least topple ETH.

DUMP IT MORE YOU PATHETIC INCELS I DEMAND PAIN