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RE: #9 | Is the Bitcoin Halving Bringing Us a Step Closer to Digital Gold?
Well when you look at the US market, real estate is overvalued, stocks are at an all-time high and venture capital is clearly overcapitalized as the search for yield continues. I think once they bubble up ETFs, commodities and precious metals the only other place to find value will be a cryptocurrency and developing markets.
Also once the baby boomers start to retire over the next few years those pension funds are going to be paying out and see their coffers obliterate, they're going to have to sell to the fed and the USDs inflation will go through the roof, or thats just what I've been looking at, could be my own biases but not impossible
What happened to the USDC?
Posted via Steemleo
These are certainly interesting times. All of these macroeconomic factors seem to be lining up perfectly for crypto to make its entry as safe haven from traditional financial "bullshit" that these corporations and governments continue to deploy.
Yesterday I was talking with a friend that attended a speech with an economist that was spewing ideas about how the market isn't going to crash and we're just at the beginning stages of a long-term bull market... I laughed very loudly.
Over printing, over spending, repo activities and the like can only go on for so long.
Posted via Steemleo
It’s the hot hand fallacy all over again they said the same thing in 2000 and in 08 and since they got off with bail outs they think they invincible and can keep doing it again
I’ve dealt with my fair share of Nah sayers and I just keep my mouth shut keep building my portfolio and cash flow
I fear for those only living in a salary, depending on a job thay may not be there soon for income, buying a new car with massive depreciation and paying it with debt while buying a overinflated home and thinking they sitting on equity that to me is complete madness
I’m not about to argue with anyone I’ll just quietly wait it out and see what happens! This is an I told you so I don’t want to have but feel I will have