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/biz/ - Business & Finance


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50159943 No.50159943 [Reply] [Original]

Next week the following will happen.

* Feds will raise interest rates by .75%

* BTC will dump to 15k, then go into freefall to below 10K cos all the major exchanges will go bust

* Stock market will dump another 30% lower.

* I will laugh at all of the cope in this thread, at people denying this will happen.

>> No.50160035

You better be right you little smug slut.
Or you WILL get rape correction.

>> No.50160120
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50160120

>>50159943
Thanks. Got some dry powder, ready to buy the bottom.

>> No.50160132

>>50159943
I can't believe its because of a bear market that I'll make it. Finally closing my shorts soon at ~10k

>> No.50160396
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50160396

>>50160120
There will be no "bottom" for at least the next few years.

They are going to up rates at .75% till they can't (in the US anyway) anymore, every month for the next year or so.. then when they give in and just accept inflation as a thing.. market will be fucked and crazy till rates start settling.

I am old enough to remember the 80s cluster fuck, the 90s, the 2001 crash, 2008 butfuckening.

the inflation is structural due to pretty much everything being outsourced to a failing state called China.

Until most of the basics (Steel, fertilizer, essential med / chems) get onshored to more stable countries (India, Australia etc) and Russia energy and resources are allowed back onto markets, shit will keep crashing.

Also Saudis are going to be forced to admit they are pretty much pumped out soon, which will make things crazier. This is why there is a massive push to decarbonize the economies of the world, while also trying to "cage the bear" as once the saudi's tap out, Russia is the next biggest producer of light sweet crude and LNG.

This will be a marathon, not a sprint.

>> No.50161957

>>50159943
you guys know that rates raises dont crash bitcoin
its the sell the news fear mongers but eventually they run out of bitcoin to sell
and bitcoin will pump on rate raises or the fed will stop
bitcoin doesnt even get shorted as heavily as it did before 2017
every smart traders shorts altcoins instead
i can't wait to see more shitcoins fold when bitcoin dips
this was needed to kill dog memes

>> No.50163492

>>50161957
>you guys know that rates raises dont crash bitcoin

Doesn't realize that since the big boys got into bitcoin, it pretty much tracks the share market now.

I shall enjoy your tears next week