Great Depression 2.0 Part 2 - Exit All Markets Warning

[Anonymous No.18808257]

The dead cat bounce is ending.
>Elon "Glownigger" Musk fudding his own company on Twitter
>Bitcoin rejected hard off multi-year resistance, puts in shooting star candle
>Traditional markets losing steam, about to paint a perfect copy of 1928-29

[Anonymous No.18808292]

i dont get the psychology behind a corelation of bitcoin and traditional markets.

[Anonymous No.18808444]

>>18808292
BTC is a store of value that people invest in when traditional investments are no longer safe

[Anonymous No.18808502]

>>18808444
Right, so why is it almost 1:1 correlated with traditional investments such as the stockmarket? Why did bitcoin crash in march with the stock market? Why is it recovering in april also along with the stock market? Shouldn't it be inversely related?

[Anonymous No.18808542]

>>18808444
But that’s already been proven a lie
It’s been crashing with the market or skyrocketing with good market news

[Anonymous No.18808546]

>>18808257
The economy has been fucked for generations, they're just using the coronavirus for it's demise by a black swan event no one could have predicted

[Anonymous No.18808609]

>>18808502
Supply and demand
When times are hard people need cash to pay bills and food, so they sell btc/stock/gold/whores/horses etc.
If more people are selling than buying, then whatever's being sold loses value.
A litteral child could understand this.

[Anonymous No.18808658]

>>18808609
Btc is not a store of value
It is a speculative investment

[Anonymous No.18808897]

>>18808658
Everything is a store of value.
If it can be liquidated quickly even better.

[Anonymous No.18808919]

>>18808897
Enjoy that capital gains tax

[Anonymous No.18809233]

>>18808897
It only has value if someone is willing to buy it. Unlike other physical assets that have intrinsic value due to necessity.

[Anonymous No.18810329]

>>18808919
I thought BTC transactions are anonymous? How can you pay taxes for that?
Anyway, I don't live in the USA, and tax fraud is really easy here.

[Anonymous No.18810363]

If the board wants to tank their stock more, they could fire Elon. Imagine what would happen if Elons name was not attached to Tesla? It might actually go to 0.

[Anonymous No.18810372]

>>18808444
>thinks BTC is different from any other stock
some gold/oil buyer will say the exact same shit and try and convince you his stocks are somehow special too

[Anonymous No.18810384]

>>18808257
Except this time we have infinite printers, were skipping over deflation and going right into hyperinflation.

[Anonymous No.18810419]

>>18810329
>I thought BTC transactions are anonymous?

Don't know where you got that idea, but they're actually easily traceable due to the block chain.

[Anonymous No.18810609]

>>18808444
This is what the glowniggers want gullible, deluded young zoomers to think so you shovel your money into the plannedemic financial bloodbath. The halving narrative is just additional delusion bait that they use. Bitcoin is not uncorrelated to traditional markets.

[Anonymous No.18810677]

>>18808292
people have over optimistic or bearish forecasts and confidence

[Anonymous No.18810681]

>>18810384
The money printing is just debt man. Doesnt change the fact that 20% of people will be out their income. Consumer goods prices are gonna tank

[Anonymous No.18811017]

>>18808257
Why did Elon do that?

[Anonymous No.18811053]

>>18811017
Because he is a glownigger affiliate and was told to post that. It's all part of the deep state plannedemic market crash. Next week will be bloody as fuck.

[Anonymous No.18811487]

>>18810681
Of course if there is hyperinflation some things will also deflate. If food goes from 5% of your monthly income to 50% of your income now that other 45% going to non-discretionary items or your gym membership will go down in price or disappear altogether. The idea that the two can't coexist is retarded. Obviously the things people need in order to live will be in high demand while everything else will crash in price.

[Anonymous No.18811727]

>>18811487
That's not inflation dude you're still buying the same amount of food only differnce is you're just broke now

[Anonymous No.18811730]

>>18810329
Holy shit get out of crypto. You dont even know what a blockchain is.

[Anonymous No.18811819]

>>18808257
Yes, we're going back to normal and soon. Didn't the roaring twenties happen right after the biggest fucking pandemic since the Black Death? More importantly, turn off the J__-owned media that constantly kvetches death-counters. The statistics do not support this hysteria. Idaho is not J__ York City. They want Florida beaches closed, but they keep NYC subways open...?

The infection rates are very low and the death rates are incredibly low for the general population. So, if you're >70 years old and/or have pre-existing conditions, then you're at much higher risk. Listen to Ann Coulter who said, "use the national guard to secure the nursing homes and let the rest of the country live their lives."
Personally, I'll wager that after these absurd lockdowns end in the next few weeks, we'll all see no resurgence in cases and the doomers and J__ in the media getting egg on their face.

[Anonymous No.18811977]

>>18811819
We are gonna lose 10% gdp longterm over this shit to save 50k boomers for 1 million more other deaths. Just buy stocks and enjoy the mass inflation while every small biz goes bankrupt

[Anonymous No.18812051]

>>18811819
Doesn't matter though. The economic damage is done already, the dominoes are falling one by one. The overheated bull market finally popped. Wait until the in stand the Fed let's up on QE - unless they go full Japan (and that's gonna cause problems too), this shit will retrace. The real happening was using the fairly mild virus as an excuse to pop the bubble & exit positions on the taxpayer dime.

[Anonymous No.18812109]

>>18808257
you people are SO FUCKING RETARDED. I'M FUCKING SICK OF IT. I'M SICK OF YOU IMBECILES. Elon Musk didn't fucking FUD his own company, you fool, you degenerate, you absolute ingrate. Elon cutting his stock down is BULLISH. He's literally moving the entire company to Shanghai as we speak. He needs to bring in new cash, and the stock was too overvalued at $850 to do that effectively. You all have such small fucking pea brains. You understand nothing of the world. You're all going to broke because all you people do are ride market waves instead of actually LEARNING what is happening. Kill yourselves, it'll be a more dignified death than dying broke you faggots

[Anonymous No.18812140]

>>18808502
1:1 correlated... Brah, btc went up nearly 3x while the stock market went up less than 25%..

[Anonymous No.18812195]

>>18811017
Because he has integrity?

[Anonymous No.18812582]

>>18812109
Ok globohomo adrenochrome drinking pedophilic glownigger deepstate shill. Musk is a fucking pawn of the ZOG. He Fudded his own company to kickstart the second leg down of the great depression 2.0. Tesla is a government occupied company , just like Amazon. Musk is a glownigger faggot

[Anonymous No.18812842]

>>18808292
Risk is a function of standard deviation. The more an asset deviates, the more risky it is. BTC is way too risky to be in right now.

[Anonymous No.18813375]

>>18811053
>>18811053
Think the S&P will go to 2600 next week? Farther?

[Anonymous No.18814304]

>>18808444
>store of value
This meme needs to die. If I showed you a chart of the price of BTC without telling you what it was and I asked "does this look like a store of value" you would laugh and say "no". Nothing about BTC indicates it is a store of value other than the words of people trying to unload their bags on others.

[Anonymous No.18814586]

The ones who make it in order from making it the most to the least:

0. dumb farmer rednecks who produce their own food (jizz, what kind of retard does that?)
1. Linmarines
2.Silver chads and gold bugs.
3. other shitcoin hodlers
4. boomers with their stocks who are definitely not gonna make it.
5. Poorfags living from paycheck to paycheck, or NPC sheep who dont know what investing is, and are alive to provide luxury services and products to everyone above them. Which when jobless wont be as widely available. Just imagine kids from rich fags not being able to get the newest iphone and a happy meal. Great times ahead.

[Anonymous No.18814613]

>>18808546
Based

[Anonymous No.18815050]

>>18814304
>Shows me chart of asset that's never gone to zero since inception but swings in price like any other asset
ItS nOt A sToRe Of VaLuE

>me shows chart of fiat dollar purchasing power
AH FINALLY, A TRUE STORE OF WEALTH!