OpenCryptoSystem (OP)
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February 13, 2021, 12:39:36 PM |
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Richest people getting ready for economic crash.
As many instutions and banks going in crypto so they selling crypto to people to average people before crash to buy assets cheap.
Becouse when alot middle class and poor people start buying it means crash is near.
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fiulpro
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February 13, 2021, 12:50:47 PM |
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Richest people getting ready for economic crash.
As many instutions and banks going in crypto so they selling crypto to people to average people before crash to buy assets cheap.
Becouse when alot middle class and poor people start buying it means crash is near.
Rich people don't need to get ready for economic crash in my views. People like Elon Musk who is buying bitcoins and other cryptocurrencies then using his money to manipulate the market , it's not like he is worried about making some money, no , the thing is they have enough and even if there is an economic situation they would survive very easily the only thing would be the middle class and the poor people, who don't have anything much , no backup , no nothing. More or so there are some interesting views of the US government on the economic status , they even give stimulus to the rich people instead of just distributing it to everyone who needs it for real. I do believe that them getting for an economic crash should not be a matter of discussion rather we should teach the people in need how to use their economic power , what power they have over their own financial situation how they can stay away from marker manipulation and have a backup plan. Plus the USD might collapse and at the same time decrease by 20-30% in value , on the other hand there are other countries like China making immense profits by selling fake masks ! Let's see what happens world is right now in a turmoil.
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OpenCryptoSystem (OP)
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February 13, 2021, 12:54:20 PM |
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Richest people getting ready for economic crash.
As many instutions and banks going in crypto so they selling crypto to people to average people before crash to buy assets cheap.
Becouse when alot middle class and poor people start buying it means crash is near.
Rich people don't need to get ready for economic crash in my views. People like Elon Musk who is buying bitcoins and other cryptocurrencies then using his money to manipulate the market , it's not like he is worried about making some money, no , the thing is they have enough and even if there is an economic situation they would survive very easily the only thing would be the middle class and the poor people, who don't have anything much , no backup , no nothing. More or so there are some interesting views of the US government on the economic status , they even give stimulus to the rich people instead of just distributing it to everyone who needs it for real. I do believe that them getting for an economic crash should not be a matter of discussion rather we should teach the people in need how to use their economic power , what power they have over their own financial situation how they can stay away from marker manipulation and have a backup plan. Yes rich people need crash Rich people like Elon must got no skills. When you take money from him he cant do nothing. So rich are interested to see big crash then to buy more cheap asssets property will fall like 50% stocks will fall 60% and crypto. 90% But this how the rich make money
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Jawhead999
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DGbet.fun - Crypto Sportsbook
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February 13, 2021, 01:03:49 PM |
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The institutions and some company is buying Bitcoin right now, they didn't sell it right now so far. Probably they want to manipulate and make fun about the market, as anyone would predict Bitcoin will reach $50K by FOMO. So, many people right now is buying Bitcoin since they think Bitcoin can "make money" by invest on it. So rich are interested to see big crash then to buy more cheap asssets property will fall like 50% stocks will fall 60% and crypto. 90% But this how the rich make money
Then you already know how "rich people" make money, they buy an asset when the price is drop due to big crash. So, you don't need to confide again about rich and money
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OpenCryptoSystem (OP)
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February 13, 2021, 01:09:34 PM |
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The institutions and some company is buying Bitcoin right now, they didn't sell it right now so far. Probably they want to manipulate and make fun about the market, as anyone would predict Bitcoin will reach $50K by FOMO. So, many people right now is buying Bitcoin since they think Bitcoin can "make money" by invest on it. So rich are interested to see big crash then to buy more cheap asssets property will fall like 50% stocks will fall 60% and crypto. 90% But this how the rich make money
Then you already know how "rich people" make money, they buy an asset when the price is drop due to big crash. So, you don't need to confide again about rich and money Yes its just the big crash not yet but maybe small crash. But otherwise the banks not selling or helping to sell crypto to poor and middle class It tells that big big super crash is coming
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Broly46
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0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
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February 13, 2021, 01:11:09 PM |
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It is impossible, when the economic crash, only the poor get screwed, there isn’t an economics crisis for the elite, they’re telling all of you poor people your time is up, for ehem... you know that they’re ready to screw your life.
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Self hating nerd that want to escape from reality into the cyberpunk.
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OpenCryptoSystem (OP)
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February 13, 2021, 01:15:43 PM |
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It is impossible, when the economic crash, only the poor get screwed, there isn’t an economics crisis for the elite, they’re telling all of you poor people your time is up, for ehem... you know that they’re ready to screw your life.
Well if crisis amd crash then rich got money to buy cheap Crisis for them its just time when they buy everything But look the speed how much money is printed crypto is pumped stock market is pumped But before there is no new money coming the smart money start selling 1 year before the crash if there is big assets to sell it takes time to sell if they sell with one shot the market will fall down too fast They wanna keep prices high and still selling a lot
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bassbity
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February 13, 2021, 02:19:07 PM |
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Yes rich people need crash Rich people like Elon must got no skills. When you take money from him he cant do nothing. So rich are interested to see big crash then to buy more cheap asssets property will fall like 50% stocks will fall 60% and crypto. 90% But this how the rich make money
I think you really hope for destruction for others, can you have the desire to revive the economy, without having to say that others need to be destroyed. here we as traders will side by side, the rich will raise the price of a coin and you are ready to sell it. Isn't there a correlation where ordinary people take advantage of the circumstances created by rich people like Elon Musk.
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aoluain
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February 13, 2021, 03:36:29 PM |
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This is something which Michael Saylor has been preaching. There is no doubt that there will be negative economic consequences because of the central banks response to the financial effects of COVID-19 and the most viable place to store wealth is Bitciun as well as Gold in second place.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | | | 4,000+ GAMES███████████████████ ██████████▀▄▀▀▀████ ████████▀▄▀██░░░███ ██████▀▄███▄▀█▄▄▄██ ███▀▀▀▀▀▀█▀▀▀▀▀▀███ ██░░░░░░░░█░░░░░░██ ██▄░░░░░░░█░░░░░▄██ ███▄░░░░▄█▄▄▄▄▄████ ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ | █████████ ▀████████ ░░▀██████ ░░░░▀████ ░░░░░░███ ▄░░░░░███ ▀█▄▄▄████ ░░▀▀█████ ▀▀▀▀▀▀▀▀▀ | █████████ ░░░▀▀████ ██▄▄▀░███ █░░█▄░░██ ░████▀▀██ █░░█▀░░██ ██▀▀▄░███ ░░░▄▄████ ▀▀▀▀▀▀▀▀▀ |
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BIT-BENDER
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February 13, 2021, 04:31:14 PM |
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Your post is contradictory, many countries are going into crypto-currency that seems to be correct, but that can't make Fiat rich people go broke. I think the more Fiat you have before crypto-currency the better of you can be when you get into crypto-currency, Elon musk is an example of that, and he is still very wealthy after crypto-currency.
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Haunebu
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February 13, 2021, 05:08:38 PM |
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What a bunch of nonsense op. Did you predict the housing collapse too? Stop throwing out wild statements without providing any sort of adequate proof.
The primary reason why the crypto market is blooming currently is COVID-19 in my opinion and many others would agree with me. This pandemic basically proved why digital cryptocurrencies are a necessity at present.
The current trend isn't inorganic like the trend back in 2017. BTC and other popular cryptocurrencies are growing organically which is why I disagree with your statement.
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OpenCryptoSystem (OP)
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February 13, 2021, 05:14:33 PM |
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What a bunch of nonsense op. Did you predict the housing collapse too? Stop throwing out wild statements without providing any sort of adequate proof.
The primary reason why the crypto market is blooming currently is COVID-19 in my opinion and many others would agree with me. This pandemic basically proved why digital cryptocurrencies are a necessity at present.
The current trend isn't inorganic like the trend back in 2017. BTC and other popular cryptocurrencies are growing organically which is why I disagree with your statement.
No no if any stocks or crypto going up for this spmeone must pay for high price. This 50 k for btc was the btc most owner imside buy sell So the grayscale bought it from grayscale 50% deal
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Kakmakr
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Leading Crypto Sports Betting & Casino Platform
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February 13, 2021, 05:14:59 PM |
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So why do you need to be worried about what the rich people are doing? Bitcoin can be bought by rich and poor people and both can use it for a store of value in times when there are economic hardship. The rich will diversify into Gold and Silver too ...but poor people cannot afford to do that, so they look for ways like Bitcoin... where they can buy a few Dollars worth and still get the same result. I know some people who are buying $10 per week and I know they are struggling... so this is a lot for them. They say the potential profit from a "Moon" price is more appealing than the 1 or 2% interest that they might get in a Bank.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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OpenCryptoSystem (OP)
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February 13, 2021, 05:26:38 PM |
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So why do you need to be worried about what the rich people are doing? Bitcoin can be bought by rich and poor people and both can use it for a store of value in times when there are economic hardship. The rich will diversify into Gold and Silver too ...but poor people cannot afford to do that, so they look for ways like Bitcoin... where they can buy a few Dollars worth and still get the same result. I know some people who are buying $10 per week and I know they are struggling... so this is a lot for them. They say the potential profit from a "Moon" price is more appealing than the 1 or 2% interest that they might get in a Bank. If btc will drop 90% then we all need to worry The biggest hit is coming
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Cling18
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February 13, 2021, 06:10:40 PM |
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Your post is contradictory, many countries are going into crypto-currency that seems to be correct, but that can't make Fiat rich people go broke. I think the more Fiat you have before crypto-currency the better of you can be when you get into crypto-currency, Elon musk is an example of that, and he is still very wealthy after crypto-currency.
That's why they say that rich people are getting richer because they could manipulate every situation for their own benefit. Money is power for them so they could take control of everything. If the economic crash happens, they will still take advantage of it for them to earn more.
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Smartprofit
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Catalog Websites
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February 13, 2021, 06:43:08 PM |
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Richest people getting ready for economic crash.
As many instutions and banks going in crypto so they selling crypto to people to average people before crash to buy assets cheap.
Becouse when alot middle class and poor people start buying it means crash is near.
In my opinion, the economic crisis of 2020-2021 is a very unusual economic crisis. Usually, an economic crisis is a crisis of overproduction - it arises from the fact that enterprises have produced an excessive amount of goods. The reason for the current crisis is completely different. There is too much extra money in the world that is not backed by the manufactured products. This is a crisis of overproduction of money. Accordingly, the growth of assets (stocks and cryptocurrencies) is not abnormal. In the current state of affairs, this is a natural phenomenon.
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█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
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pixie85
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February 13, 2021, 07:20:40 PM |
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So why do you need to be worried about what the rich people are doing? Bitcoin can be bought by rich and poor people and both can use it for a store of value in times when there are economic hardship. The rich will diversify into Gold and Silver too ...but poor people cannot afford to do that, so they look for ways like Bitcoin... where they can buy a few Dollars worth and still get the same result. I know some people who are buying $10 per week and I know they are struggling... so this is a lot for them. They say the potential profit from a "Moon" price is more appealing than the 1 or 2% interest that they might get in a Bank. If btc will drop 90% then we all need to worry The biggest hit is coming For a 90% drop there has to be a gain first if we're talking about a normal market cycle. If a 90% drop happens out of nowhere it means the fundamentals have failed somehow or something influenced the market like this black swan event. If it happens in a healthy cycle we first need to go up high and fast for people to start feeling fearful. Now they're all confident with the recent news about institutional investments and bitcoin steady climbing up but without incredible spikes in short time like in 2013 and 2017.
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OpenCryptoSystem (OP)
Jr. Member
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Activity: 182
Merit: 3
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February 13, 2021, 08:18:16 PM |
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Richest people getting ready for economic crash.
As many instutions and banks going in crypto so they selling crypto to people to average people before crash to buy assets cheap.
Becouse when alot middle class and poor people start buying it means crash is near.
In my opinion, the economic crisis of 2020-2021 is a very unusual economic crisis. Usually, an economic crisis is a crisis of overproduction - it arises from the fact that enterprises have produced an excessive amount of goods. The reason for the current crisis is completely different. There is too much extra money in the world that is not backed by the manufactured products. This is a crisis of overproduction of money. Accordingly, the growth of assets (stocks and cryptocurrencies) is not abnormal. In the current state of affairs, this is a natural phenomenon. Yes this is true overdose of money !
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Mauser
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February 13, 2021, 08:22:13 PM |
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Richest people getting ready for economic crash.
As many instutions and banks going in crypto so they selling crypto to people to average people before crash to buy assets cheap.
Becouse when alot middle class and poor people start buying it means crash is near.
I read an article a few months back that looked at asset allocation of the richest families in USA and found that on average the richest families where selling stocks and bonds and switching into Cash. That is definitely a strong believe towards another crash coming. I think switching some assets out of high risk positions into cash and crypto currencies could be a good idea. Holding cryptos is already a good preparation for the next crash.
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OpenCryptoSystem (OP)
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February 13, 2021, 08:42:13 PM |
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Richest people getting ready for economic crash.
As many instutions and banks going in crypto so they selling crypto to people to average people before crash to buy assets cheap.
Becouse when alot middle class and poor people start buying it means crash is near.
I read an article a few months back that looked at asset allocation of the richest families in USA and found that on average the richest families where selling stocks and bonds and switching into Cash. That is definitely a strong believe towards another crash coming. I think switching some assets out of high risk positions into cash and crypto currencies could be a good idea. Holding cryptos is already a good preparation for the next crash. Crypto is risk assset like gold in crash it will fall. Cash fiat and stable coins are safe.
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