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RichieAllen.co.uk Forum > Community > General Discussion > Cryptocurrencies / Digital Assets
RichieAllen.co.uk Forum > Community > General Discussion > Cryptocurrencies / Digital Assets

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Cryptocurrencies / Digital Assets
Steve Offline
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#2
05-14-2022, 06:30 AM
Crypto carnage foreshadows the "mother of all collapses" yet to come -

The absurd but often-hyped claim that "crypto is digital gold" has collapsed. Bitcoin has plunged nearly 60% from its highs, and the bloodbath of crypto carnage that unfolded this week was psychologically jolting to crypto "investors" who have long thought that crypto would go up forever, never facing corrections or reality checks.
But crypto isn't the only bubble around. By any honest measure, we are currently in the "everything bubble," with perhaps only gold and silver representing any real bargain that can be found. Nearly everything else is in a bubble: Stocks, bonds, real estate, crypto, used vehicles and of course fiat currencies backed by nothing. The bubble is, of course, epic in scale and soon to be devastating in its unwinding. No bubble in history has been this large and widespread, and no crash in history can compare to the crash that's coming…


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Messages In This Thread
Cryptocurrencies / Digital Assets - by Steve - 05-11-2022, 10:58 PM
RE: Cryptocurrencies - by Steve - 05-14-2022, 06:30 AM
RE: Cryptocurrencies / Digital Assets - by Steve - 05-15-2022, 09:48 PM
RE: Cryptocurrencies / Digital Assets - by Steve - 06-15-2022, 09:05 AM

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