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49586110 No.49586110 [Reply] [Original]

>for years people on this board complained about fed's monetary policy
>saying that this will lead to hyperinflation
>that crypto is the only safe asset to protect yourself from this upcoming inflation
>fed finally they start to reverse their balance sheet and increasing interest rates
>this causes crypto to crash
Ironic isn't it? The asset people thought was gonna protect them from Fed's monetary policy turned out to be itself propped up by the monetary policy.

Tell me anon, did you seriously think your imaginary internet money was able to survive without the mania that cheap money and low interest environments create? Just wait until fed funds rate go up to 5% or even 10%, you'll be looking back to this time fondly because Bitcoin is going to 0.

>> No.49586296

>>49586110
... YOU ARE THE SHIBAGHOLD ANON

>> No.49586368

>>49586110
>"crypto is a hedge against hyperinflation"
>deflation happens instead
>"wtf crypto was supposed to be a safe asset"

>> No.49586401

They will never admit to being fools and will invent some crazier theories to justify their stupidity.

>> No.49586451
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49586451

GIVE ME BACK MY UNLIMITED QE RIGHT FUCKING NOW

>> No.49586454

>>49586110
crypto can't be devalued through QE, but it wasn't immune to the ol' pump n dump.

What is?

>> No.49586524

>>49586110
Believing the most volatile asset class is a safe haven is retardation of the highest degree.

>> No.49586600

>>49586110
>for years people on this board complained about fed's monetary policy
It was feds, they were trying to push the real interest rate below zero when corona happened with hyperinflation fud


Thank you for playing.

>> No.49586651

>>49586524
from bitcoins perspective its the us dollar thats volatile

>> No.49586698

>>49586110
crypto is an inflation hedge, but right now you have stagflation, with a coming massive crash and hyperinflation that or ycc both bullish for crypto long term.

>> No.49586706

>>49586296
no, I am the SHIBagholder thread anon, i have no idea who OP is.

>> No.49586733
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49586733

>>49586110

>> No.49586803

the entire US economy is built on money printing
only a smoothbrain would think that this is going to change long term
this is short term pain, simple as. then back to business as usual.

>> No.49586834
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49586834

>>49586110
>Institutional investors bought crypto on credit
>Institutional investors buy crypto at institutional levels
Bullish.

>> No.49586942

>>49586651
Holy shit you are drowning in the kool aid. So the absolute strength of the dollar is skyrocketing in the midst of historic inflation? You actually believe this?

>> No.49587001

>>49586296
>shibbaggie schizos can’t tell who is who anymore
Kek

>> No.49587027
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49587027

>>49586698
You're retarded, the worst has yet to come
>recession hasn't even officially started yet
>inflation hasn't peak
>interest rates haven't peak
>food shortages haven't started yet
>mass layoffs haven't started yet
Do you think the people will be buying magic internet coins that are know to be volatile during a time when people can't afford their living expenses and when there's mass unemployment?

>> No.49587040

>>49586942
Tell us you know absolutely sweet fuck all about bitcoins value proposition without actually telling us

>> No.49587826

bumo

>> No.49588433

>>49586110
This is unironically the cost of "institutional investment" in crypto... It gets traded by big money the way the rest of the market is, regardless of fundamentals. But fundamentals also have never mattered in this space, so why should they matter now?