/biz/ - Business & Finance

File: 59 KB, 355x500, 1583551294614.jpg [View same] [iqdb] [saucenao] [google]

Anonymous Sun Mar 15 19:54:57 2020 No.17828555 [Reply] [Original]

OK, maybe I'm retarded, but this whole thing is a giant liquidity crisis. The dollar is pumping because people are desperate to get out of the marketsdue to all the fear and uncertainty. The news from the fed is bearish for the dollar long term, yet it's pumping right now. Yet we all know it's value is going down over a longer timeframe. Why wouldn't you buy Bitcoin now that it's cheap to do so? What am I missing here? I understand it dumped when the markets did, but to me it looks like just a lizard brain run to cash across all assets, crypto being the most volatile it took the hardest hit.

>>	Anonymous Sun Mar 15 19:55:57 2020 No.17828592 >OK, maybe I'm retarded

>>	Anonymous Sun Mar 15 20:01:03 2020 No.17828727 >>17828555 it'll be cheaper tomorrow when everything spikes down. that's the buy oportunity for btc. you are correct that this is the set up for major currency issues.

>>	Anonymous Sun Mar 15 20:02:42 2020 No.17828776 bitcoin is like fiat but a pretend version of fiat

Advanced search
Text to find
Subject [?]Search by post subject. Leave empty for any.
Username [?]Search for user name. Leave empty for any user name.
Tripcode [?]Search for tripcode. Leave empty for any.
Email [?]Search by email. Leave empty for any.
Filename [?]Search by image filename. Leave empty for any.
From Date [?]Enter what date to start searching from. Format is YYYY-MM-DD
To Date [?]Enter what date to start searching until. Format is YYYY-MM-DD
Image hash
Search in	All Posts OPs Only
Deleted posts	Show all posts Show only deleted posts Only show non-deleted posts
Internal posts	Show all posts Show only internal posts Show only archived posts
Order	New posts first Old posts first
Capcode	All Posts Only by Users Only by Mods Only by Admins Only by Developers
Results	Posts Threads
Action	[ Simple ]