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RE: US Stock Market Correction and BTC

in #money7 years ago

That is the question we are all trying to figure out collectively. Present observation is it is not going anywhere and staying in cash only temporarily. Even if some amount of it going to go in bonds, it bound to come back into stocks, because really there is no other game in town. Crypto still need mainstream adoption.

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or is there another game in town (or out of town) that we don't know about? if it's not the US dollar, maybe another fiat currency or perhaps a secret crypto known only to a few? private islands? mansions?

As far as I can tell, there is no other game in town or out of town. Crypto is actually very transparent, you can easily see money inflow and outflow. Interesting thing is although now a lot of people know about crypto, very few actually own substantial part of their net worth. This is a blessing and a curse at the same time, if you can guess what I mean :)

lol. yes, that's why it's being attacked on all fronts. but...that goes for cryptos people know about and every crypto wants to be promoted and be used. could there be an elite only crypto that the masses aren't aware of?