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/biz/ - Business & Finance

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17184039 No.17184039 [Reply] [Original]

How should we expect cryptos prices to behave in a severe economic downturn? Would more people to flock to it in replacement of stocks and bonds?

In other news, go go go Link! Good luck to all, just got in very late today bought 72 coins at $3.53... interested to see how it goes

>> No.17184145
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17184145

bump for intrwest

>> No.17184227

>>17184145
you holding an LINK?

>> No.17184246

>>17184145
*any

>> No.17184299

>>17184227
>>17184246

bought 500 with each pay check since Dec only a 1.5k linklet. enjoying my gains so far

>> No.17184359

>>17184039
have you looked into crypto.com? I am currently using it to earn intrest on my LINK. 6% PA paid weekly.
if you want to signup use my referral code qfuz626kqk
and we both get $50 USD :)

>> No.17185213

>>17184039
Two possible scenarios:
In a crash of bank, stock market, ect. People will panic sell initially. Everyone will flock to the dollar like they normally do. We will start to hear the president talk about a bailout and then we will see crypto and metals surge.

In the even of an inflationary crisis we will see people flock to metals and crypto in mass. We would see trillions flood crypto and we all become the richest men in the nation within a year.

Inflation could happen after an initial crash. Many believe we are destined for runaway inflation.