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Re: SeaBlue post# 16923

Wednesday, 05/11/2022 3:46:50 PM

Wednesday, May 11, 2022 3:46:50 PM

Post# of 19196
I'm not savvy enough to know how all the different "coins" interact with each other. It gets a little too convoluted if you ask me, but what I do know is when Bitcoin goes into freefall, which I think it will do, we're going to see some sort of big wash-out in the crypto world.

Bitcoin has already been more than cut in half and falling. Many of the properties that the Bitcoin pundits said were reasons to own it have egg on their face now.

I'll say it again, the crypto market was created mainly as an extension of the Fed's free money policy. Real, tangible, assets like gold and silver are what the crypto bagholders should have been buying. JMO