/biz/ - Business & Finance

>>16987434
LONG BTC (also GOLD).

> crypto mining factories map:
> https://598426.smushcdn.com/1608368/wp-content/uploads/2018/06/Crypto-Mining-Areas-Around-the-World-696x449.jpg?lossy=1&strip=1&webp=1
> power grid is a self-organized critical system
> a cascading failure can occur if electricity in an area is now underused and surrounding areas are overused
> crypto mining factories could collapse if there are some wide-area power outages in China
> hash difficulty will go way down
> other mining pools around the world will profit immensely
> whales connected to pools will jump in to pump the price
> nobody will care about halving anymore

> BTC will rise also for the collapse of China economy and whatnot, like gold

coronavirus can be:
A) real, and will spread.
> people are moved outside Wuhan region
> incoming power grid imbalance
or
B) a staged fakeout fluke, to cover up something worse that requires building an imaginary wall between you and rest of the world / between Chinese people themselves: like the economy already collapsing
> civil unrest, famine
> daily power grid imbalances

>>14903216
because it signifies that somewhere in the world economy, something isn't working properly. You can always say it's just a correction, but that correction always begins with someone or something fucking it up - natural disaster, geopolitical instability, financial wizardry. It's a warning sign that we're headed into recession soon.

>>14899827
I still think the inflation methodology is inconceivably fucked up. I've heard enough warmongering from austrian economists when QE started about impending inflation, but they didn't understand what was about to happen. Everything else stagnates, but the asset bubble really ballooned out of proportion - housing, stocks, fucking bonds, derivative market.