Crypto thread

Watch bitcoin and gold rise 

This is all happening perfectly. Just need strong hands. 

BTC ramped from 5200ish to almost 6000 but is backing off to 5700 so far.

Id say if it flops back and lower then the markets are going to get smoked tomorrow...if it goes up then that tells me risk is back on and the markets will be up large for now.

Trump is peeing his pants about the FED but was nowhere about the virus.

Trump is a loser...not a leader.

Tomorrow will be another wild day. Will anyone be the Lehman? 

Gold yes

Bitcoin no

Why will bitcoin not go up after the halving 

My apology guys .. you're exactly right .  Icahn was talking about the commercial real estate market, not residential.   I don't know what the hell I was thinking.  Lol.  

Breaking News: 

Crypto currencies do not seem to be holding up too good 

Gold and Bitcoin smashed again as traders continue to liquidate everything they can. At some point, given the $ printing, these will be the best performing assets. 

I would not be surprised if the Dow gets under 20,000 by the end of today or tomorrow. And the recession has just begun + everything will be shut down for at least another month. 

How low will the Dow go? 15,000? 10,000? Will it retrace all the way back to 8,000? 

Will any of the major investment banks go bankrupt? Which ones? 

Is our money safe in banks? 

Instant circuit breaker hit 

Do the markets close for the day if they hit 20% or just another stoppage? 

Markets bounced already and they have barely been open an hour. I dunno it doesnt seem that bad out there..bottoms have been hit but lets see if they retest mid day.

The FED screwed up with this baby/bath water approach. I think they gave in to Trump and his moron corporate cronies threatening them and now there is ZERO ammo for anything they can do which wont be outside their mandate...but hey Trump could care less about a mandate the next thing his big fat stupid trap will be crying for is the FED to buy stocks...just watch.

“Oil is cheap, I say fill it up. Fill it up to the top.” 

“Stocks are cheap, I say buy them all. They’re at a tremendous price so I said buy them all. And they did. It will be great for the country for years to come. Really a historic day, it should be celebrated.” 

Gold dealers are saying they haven’t seen this much action in their lifetimes. Everyone is buying, nobody is selling. 

Yes and king blabber mouth called the virus a media hoax meant to harm his election prospects. Believe what that clown says and you should do very well in life.

Imagine not having the vision to see that this is a manufactured crisis. They need something to blame the bubble pop on. Buffet, Druckenmiller, all the big dogs were in cash or treasuries. Even I could see that it was about to pop. And then here comes the corona at the PERFECT time. 

Of course after the DOW drops another 50%, the real estate market crashes, there are mass layoffs and unemployment skyrockets... then they will do it all over again.

Need another catalyst to have what you listed happen...this isnt a big enough story IMO to drop another 50%, but I am fine with it because 50% lower than this is where we start to see value. The NAZ is a total joke at 8k, that index needs to drop 75% to find value..it likely will not but to me I am not interested in tech at a mere 15% drop from these atmospheric highs and crazy valuations.

lol

NAZ at 7k or so, still a solid 60% too high.

The reality is that we are all in the twilight zone of predicting true valuations until this crisis passes. No matter how big the bubble was, it's definitely popping. Blame it on whatever you want but until our city streets stop becoming "ghost-towns" all assets will be hard to value. 

At minimum buy btc, eth, xrp and hold. There are others at crazy discount now. I think traders almost crashed bitcoin to zero. Tons of liquidations. If you know what your doing by all means day trade, most don't, me included.

Classic vid. 

No XRP it’s a centralized sh*tcoin 

12 critical cases in a country of 330,000,000 smh 

It’s unbelievable how much deadlier the flu is than this fear mongering nonsense