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Sooooo, Does anyone else see a bubble that's going to pop here shortly?

• paulpauper 5y ago
  the bitcoin bubble already burst. the nft bubble will burst soon
  • quickthrower2 5y ago
    > the bitcoin bubble already burst says who?
    • paulpauper 5y ago
      already 34% off highs despite S&P 500 going up. imagine how much bitcoin will fall if the S&P 500 crashes
      • bb88 5y ago
        If people are confused how this might happen, it'll go like this if the s&p 500 crashes, people are gonna want as much cash as possible to move into stable assets, so they're gonna pull money out of crypto too. I would expect the price of precious metals will go up, as that's a trusted strategy in a bear market for many investors.
      • quickthrower2 5y ago
        It's been 34% down many times going back to 2011 at least. No reason to expect it to be correlated perfectly to SP500.