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17201394 No.17201394 [Reply] [Original]

TLDR: Corinavirus is going to be huge. It will be the catalyst for the next crypto bullrun.

Most anons have learned out by now that memes are the decentralized Oracle. Memes predicted Bitcoin, Ethereum, Trump, and Chainlink.

I believe that the proliferation of hazmat memes indicates that Corinavirus will be a huge problem in China and will also be a worldwide epidemic. We never saw these hazmat memes with SARS and Ebola, and those diseases turned out to be nothingburgers.

As Corinavirus continues to ravage China, Chinese industrial production will severely decline. The Chinese government will print money to prop up the stock, bond and real estate markets. The Chinese people and government will also have to sell Yuan to buy food from abroad. This will cause the Yuan to lose value. The Chinese people will try to protect their wealth by buying as much BTC and crypto as possible. Don't short BTC or crypto when 1.2 billion Chinese are buying.

Full disclosure: all-in on LINK.

>> No.17201442

>>17201394
nice reasoning, i missed that point. also bullish for gold.

hopefully the everything bubble gonna pop too

>> No.17201480

>>17201442
The Chinese government has been buying gold for the past 20 years. The combination of foreigners divesting from China and the Chinese government printing Yuan to prop of the Chinese markets will probably result in the hyperinflation of the Yuan.

>> No.17201512
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17201512

Coronavirus definitely seems like a black swan event that will act as a catalyst for crypto.

>> No.17201531

>>17201394
correct.

>> No.17201551
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17201551

>>17201512
The memes are the decentralized oracle.

>> No.17201585
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17201585

>>17201551
Damn right, fren!

>> No.17201631

Honestly completely sick of our global society . Everything needs to melt down in order for an average guy like me to even begin to enter this market. I gain everything and lose nothing by ushering in the total collapse of civilization. Bring it on and may the best of us survive.

>> No.17201773

>bought more on the dip

>> No.17201799

>>17201631
Based

>> No.17202144

>>17201480
not sure about that, because the whole world is going big into debt. the US is far from balanced budget