is a new bubble burst like 2008 coming again?
if so, how do you think is it going to affect crypto currency and why?
2019-2020 bubble burst
Matthew Hughes
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Noah Green
no,
and crypto is going to 0 whether the world ends or not
Juan Evans
It will be an absolute bloodbath. If you hold at least some btc, it will make your life a bit easier. Or you could invest in boomer metals.
Colton Hernandez
>is a new bubble burst coming
Yes
>like 2008
No
Aaron Garcia
Things are gonna get real shitty really soon. Millenials are "killing" luxuries because they can't afford it. College grads won't be able to pay off their loans. Stocks being propped up by rebuying strategies make a market crash imminent. The US dollar, Euro, and Aussie dollarydoos are gonna tank in value. China's economic growth was +3.5% this year, MUCH lower than expected so they're probably fucked too. And with automation on the rise, general labor is barely necessary. But here's the thing...
Bitcoin was literally created to subvert recessions like the one caused by the 2008 crisis. Crypto and gold and guns are probably the only safe havens of value. Crypto is going to create an industry married of economics and tech, one that will create an arms race for clean energy and computational power. When normies are scrambling to stop their life savings from getting fucked, they will turn to crypto and is will be adopted worldwide. Invest what you can now so that when hyperinflation happens and the debt bubbles pop, you aren't left behind.
John Perry
more like 1930s bad
Hudson Rogers
How can you be so sure that cypto goes up tho? its not stable like gold
Angel Long
Look what happenrd in venezuela and iran during the recent inflation
Ryan Baker
>he thinks gold is stable and not manipulated like crypto
Ayden Jackson
I'm aware of venezuela but can you redpill me on iran?