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7361929 No.7361929 [Reply] [Original]

Brainlet here. Does anyone actually understand what's going on anymore?

Like, if I sat down and talked to the "right" person, could they explain why the happening is happening right now?

Or have we gotten to the point where no one individual or corporation actually understand the situation or why it's unfolding?

>> No.7361997

>>7361929
Bubble is bursting.
Meme chart was right all along

>> No.7362042
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7362042

>> No.7362046

>>7361997
This.

>> No.7362110

The crypto and stock crash are absolutely correlated. The answer to both is related to Lagos, Nigeria (very indirectly but I’m fairly sure a certain event happened there to spurn this whole ordeal). Do a little research and you’ll come to the same conclusion.

>> No.7362120

what meme chart?

>> No.7362125

>>7361997

Yes, but why? Everyone I ask seems to just say "it was bound to happen!!!!".

What I'm curious about is if anyone knows WHY it's happening? Like, does anyone know or are there simply too many variables out there for anyone to accurately take a stab at it?

>> No.7362179

>>7362125
>why
Because it's a bubble. All bubbles end up the same the moment there are no more new people buying.

>> No.7362367

>>7362125
>why crash?
OP

Too many reasons. Tether. Manipulation. Speculation. Unregulated market. Mass media. Governments. Inflated. No real adoption yet. Tax season. China holiday. Bans. FUD. Post Christmas after everyone went all in. Profit takers. More sellers than buyers. What goes up will eventually come down.

Too. Many. Reasons.

>> No.7362540

>>7362110
Why the fuck would global markets be correlated with that third world superslum

>> No.7362583

>>7362367

I remember my father once talked about putting money into a business, and he explained that when the business went well, his stocks would be worth more, and when it went badly his stocks would be worth less.

It was probably never THAT simple, a lot of it probably had to do with portrayed confidence and public acknowledgement of success and all that shit, but it still felt somewhat overcomable, you know?

Now, like you said, I feel that there are literally too many factors playing into crypto for any one normie to understand it's fluxes and shifts.

>> No.7362728

>>7362125
There is one simple reason: It was a bubble. Bubbles are driven by pure speculation and therefore don‘t follow any reasonable fundamentals, they are simply a collective psychological phenomenon. And they turn out the same every single time: They pop. That‘s why they are called bubbles.