You are viewing a single comment's thread from:

RE: Everyone is Talking About UPtober

in LeoFinance2 months ago

Could you imagine bitcoin going to $10k, but buying more?

It is possible if the derivatives market just vaporizes with all that electronic dollars.

In the great depression there were hella good deals, but no one had money to buy them

Sort:  

I have thought of those scenarios as well and it is a big worry that if someone can't be dominating the competition in whatever industry and be in the upper 0.5% they get sucked down with the economy and don't have money to buy when those deals are there.

Timeframes are tough but at some point people can't keep up with all the forced insurance and property tax and inflated goods. Then things lock up hard stuff unravels. Everyone is sprinting at redline blowing all their NOS not knowing where the finish line is.