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Good point
But if the contagion is a real threat, then it really doesn't matter who is getting bailed out.
If I were Powell
I would say no intervention come Monday, the market begins to tank, over the next few days he gets the political capital to intervene with a bailout with congressional approval. This way, he is asked to step in anddddd he gets a nice gut punch to the economy in which he needs. If done right, the bailout will slow the sell off, but not send the market soaring higher because then he has a problem still
He would say, this isn't a bailout and their will be pain as a result but we won't let the contagion into the broader banking sector.
Or, no one has any clue what so ever
Oh sorry, you were referring to the bailout
Good question
That's the rout it should go, just like in 2008 when it failed the house and everyone went gaga.
We shall see, the fed has tools, they do trillions without house approval these days
They will get house approval, also
And after 9-11, in a national emergency the president can suspend the constitution
It's all set
The pressure for the fed to bailout SVB is gaining serious steam.
If they do, combined with a muted cpi, bitcoin is going to rip hard
Also, the FEd ain't going to raise 50. That's not Powells character, he will stay steady and loooooooong term high rates. He's not interested in a gut shot, just yet
Dang, I shouldn't have jumped out of mara for the weekend....
https://ih.advfn.com/stock-market/COIN/BTCUSD/crypto-news/90479987/breaking-usdc-slowly-repegs-on-unconfirmed-report
Maybe
If roll out also means mass adaption then the planned implosion will happen in that time frame. Possibly
I agree and the shortage will get worse and worse sending the dollar off the charts.
Right
I see
Cyber attack
Literally terror attack
Economic collapse
Ww3
Pandemic
Then obviously food problems and consistency with US energy grid
Throw in wild weather
Oh
And Tom Brady sings with the dolphins and gets his salary in bitcoin and wins the bowl
The more Giselle shows her ass in public, the greater the chance of un retirement
It's literally impossible to implement global CBDC's to the masses without first a complete collapse (manufactured) of the current system.
They won't accept it laying down unless they are already hopeless
Or
Cpi says panic city, combined with more svb contagion
Everything sharts next week,
Fed seals the demise with a big fat 50 pointer
And we are all ef'd until btc and Fed related coins decouple
Possible SVB fallout muted next week
Cpi doesn't indicate inflation panic
Bitcoin and markets absolutely Rip, btc 34k
Fed raises 25 points, getting btc to target
Then
Blackswans show up, total rug pull, everything collapses, yes plural
Illuminati coins decouple and rip after they go down in flames first with everything else, getting rid of massive retail holders
Btc decouples and rips as the East adopts officially, after testing 8k area, then 100k plus and beyond
Bitcoin acting resilient for the moment
Data443 probably has a bank account with SVB that was severely over drawn so this is great news for the company
Bitcoin about to dump
The chart doesn't always look good
Many TA don't trade until a chart looks good
Where are you getting this from?
You don't see a computer because that is left to others on his team, are you joking?
It's called delegation
Smart ceo's do that
So your conclusion based off that is that TA is worthless?
Here is one of many many millionaire crypto chart peoples
They are out there, they do use charts. And they are pretty good, not 100 percent, but charts are very useful
But seriously though,
S and P targets are around 3,100-200
That's 800 points to go
Where will bitcoin be if that happens?
8k back up the truck zoner
Yep
Agoura Bro owns the board for the moment lmaooooooooooo
Yea I guess I have to say bitcoin can only go up and not down and if it goes down then it still doesn't matter and I better just shut up about it.
At least I can make people laugh?
The incredible thing is the markets haven't even shat yet and btc is a heart beat away from 15k
That's just fine.
I rode on the way up, while still believing 15k will break soon.
Until it does, I am wrong
And I couldn't careless
People getting bitcoin from Mt cox, over 100k bitcoins
Last time they had their hands on it it was btc $800
Expect many to be dumped the next few days
I've never deveated from that call.
I wish 15k would be floor, but I don't think so
Xrp acting resilient
Hey Jason
Fuc you and your 'partner' silicon valley Bank
https://www.zerohedge.com/markets/silicon-valley-bank-center-venture-capital-bubble-suffers-record-47-crash-amid-sudden
8k-4k levels I'm targeting
Lmaoooooooooooo
If they are looking for a flip here, you'll have to wait cent-uries
Miners are saying....that's all folks
Even better
OK fine
You and Dorsey is heading up big bitcoin change, much needed
You mean 22k
Omgosh
Bitcoin doing what bitcoin does best...spazing out 23.371 now support?
Hey dark pool, no 20k yet!!!!!!
How about...
When you have to fart, while predicting the chart, you'll get it wrong, and then you shart.
One person I know says big resistance and short opp at 23,8something.
Maybe it hits that and then down to 21k
Eh shucks.
I'll be chasing mara on Monday
23.371 new resistance
You do realize bitcoin is a dinosaur and it's tech isn't that great compared to new tech like xrp xdc xlm hbar qnt and many more.
Heck, even etherum is about to be left in the dust.
Bitcoins best chance for future relevancy is a digital store of value
Yea yea bitcoin is controlled by a few people who hold a majority
This list of characters are the last people I'll trust in a boat omg