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RE: The price of Bitcoin hasn't been fun, but have some perspective

in #bitcoin7 years ago

I wonder how FED decision to stop quantitave easing and start clearing its balance sheet at 10 billion USD per month (in a beginning) will influence cryptocurrencies. Were cryptos overvalued asset due QE and will drop to pennies or will they rise to the moon because of FIAT superinflation and money running into cryptos via ETFs?