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Author Topic: The Man Who Called the 2008 Market Bubble Says This One Could Pop in Spring  (Read 265 times)
Coyster
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January 10, 2021, 12:52:27 PM
 #21

In this case crypto market will be dumped in spring too. We still connected to traditionl market
Crypto could one way or another be connected to the traditional market, but when traditional institutions plunged when covid-19 shed it's milk teeth last year, Bitcoin didn't plunge, but had a year that took it to a new unprecedented ath, and it's still appreciating (just as Ethereum is); so I wouldn't be quick to make the assumption that there'll be a bubble for Bitcoin or the crypto market in spring, and btw, this is just one person's prediction, there is no certainty whatsoever that the stock market bubble is going to pop in spring.

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January 10, 2021, 02:45:26 PM
 #22

I do agree that it became a bit of a bubble and that's the problem. Do you know how you can calculate it?
Well take Tesla for example, we know how big it became very suddenly, did they suddenly sold that many cars to cover that? No. Why did it went up?

Because people believed in the future of the project, yet stock market doesn't work like that, you do not buy premium price right now for the future success, if you think it will be great in the future, you buy from current price and wait until it becomes successful, but people are buying tesla stocks like it is already there. Tesla needs to sell about 100 times more cars per year in order to justify this stock price, but people say it will reach there anyway, that is not how any of this works. Plus during covid period where people can barely buy groceries and pay rent, it is silly to think all these companies will have huge profits, they are pumped up because they got bail money but that's it, they will go down.

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January 11, 2021, 06:36:11 PM
 #23

the biggest problem i see could happen when all those people who have paid a lot of money to be vaccinated with these untested vaccines let their guard down and then get infected with the virus again and we see another peak in the pandemic which would kick start the depression and the economical devastation as the medical companies responsible would go bankrupt in the subsequent lawsuits and won't be able to actually work on a proper vaccine that works.

There is a FOMO brewing...
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January 11, 2021, 07:31:43 PM
 #24

The other day I heard that the Vaccine is successful against the new strain, both of them the one found in UK as well as the other found in Africa. Here is the link to the article: https://www.hindustantimes.com/science/scientists-study-vaccines-effectiveness-against-new-covid-strains/story-qeFjKHBWWFUXe2wWINVxOJ.html

But yes there is one thing that is pretty different from regular instances that is the markets are behaving in a pretty unusual manner. If you see closely the markets are hovering around all-time highs while we still are amidst the biggest pandemic of the century. This in itself looks a bit skeptical to me. Moreover, even the governer of our national bank stated this fact but I think Investors maybe are seeing this is an opportunity to invest in growing economies at a bargain price which led to this sudden surge. 
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January 11, 2021, 07:57:57 PM
 #25

The growth of the stock market is associated with the uncontrolled emission of US dollars.  

If not for the growth of the stock market, then the surplus money supply would have entered the consumer market.  What is the threat?  In this situation, prices for food, utilities, transport, electronics, etc. will rise.

Also, the problem of the US external debt remains.  How to pay off such a huge external debt?  

All these economic problems are related to each other.  

The world crisis of 2008-2009 is not over yet.  This crisis continues to this day.

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January 11, 2021, 08:59:18 PM
Last edit: January 11, 2021, 09:09:54 PM by AndySt
 #26

the biggest problem i see could happen when all those people who have paid a lot of money to be vaccinated with these untested vaccines let their guard down and then get infected with the virus again and we see another peak in the pandemic which would kick start the depression and the economical devastation as the medical companies responsible would go bankrupt in the subsequent lawsuits and won't be able to actually work on a proper vaccine that works.
I do not think that the number of such people will be so large as to make a significant impact in the fight against the pandemic. Much more dangerous may be the fact that due to emergency circumstances, all developed vaccines are practically tested on vaccinated people and we can not know what negative consequences this may bring in the future. As well as non-compliance with the temperature regime during transportation and storage of vaccine doses, which can lead to partial or complete inefficiency for vaccinated people.
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January 11, 2021, 09:44:38 PM
 #27

the biggest problem i see could happen when all those people who have paid a lot of money to be vaccinated with these untested vaccines let their guard down and then get infected with the virus again and we see another peak in the pandemic which would kick start the depression and the economical devastation as the medical companies responsible would go bankrupt in the subsequent lawsuits and won't be able to actually work on a proper vaccine that works.
The public will be mad for sure and fake news will all over again just to punish the company who created the vaccine. Well, this is expected on the early stage of vaccine since its really hard to create a vaccine even if we have good technologies nowadays. I don’t want to participate to any free vaccine trial, maybe I’ll get some in the next 3 years when everything is fine again.
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January 11, 2021, 09:58:28 PM
 #28

If the prediction is true I don't think that even Bitcoin could be immune in price drops because recession is a different thing and even if people have learned to take advantage of price drops by now or "be greedy when everyone else is fearful" I don't think it will apply for those people who have lost their jobs and has nothing left but to liquidate their assets in order to have money for their basic needs. They'll be backed into a corner forcing them to sell everything just to survive depending on how long will this recession continue.
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January 11, 2021, 10:25:54 PM
 #29

Different vaccines around the globe has started to be used on human bodies. Few have already shown side effects, two of the vaccines have lead to the death of the person after one or two days of time. The market of bitcoin in comparison to the external market is moving good. The second form of corona is creating panic and it is true the present vaccine isn't able to stop its vigorous spreading. Some parts have gone on shutdown fearing the spread, but right now it is spread to limited locations.

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January 13, 2021, 10:52:00 PM
 #30

You should substantiate your claim that the vaccine won’t work against the new strains of the virus because it seems critical to your assessment that this guy I’ve never heard of is right about a collapse, and more importantly all evidence I’ve seen reported so far are that the current vaccines are effective against the new Uk strain of the virus.


IMO exaggerated promises surrounding vaccines are made to prop up stock markets and public morale.

Vaccines never lived up to their marketing hype. Not with flu shots. Nor with gardisil and HPV vaccines.

There's no reason to believe anything has changed there.



Napoleon said leaders deal in hope. Offering hope to the masses is where vaccines come in. Aside from that I expect little or no real world value from them.
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