4 ms·
and in 6 months when they are 50% up?
by jejeyyy77 4y ago
and in 6 months when they are 50% up?
- JumpCrisscross 4y ago> in 6 months when they are 50% up? Irrelevant. San Salvador has less than 3 months' imports in foreign reserves on hand (about 2 years' on a net basis [1][2]) and an $800mm bond payment due in January it can't afford. This is the stupidity of their Bitcoin play. They don't have the time horizon to handle something this volatile. [1] https://data.worldbank.org/indicator/BN.CAB.XOKA.CD?locations=SV https://data.worldbank.org/indicator/BN.CAB.XOKA.CD?location... [2] https://data.worldbank.org/indicator/FI.RES.TOTL.CD?locations=SV https://data.worldbank.org/indicator/FI.RES.TOTL.CD?location...
- jejeyyy77 4y agolol
- 1270018080 4y agoWhere is the next batch of greater fools coming from?
- jejeyyy77 4y agocapitulating deniers finally realizing they were wrong ;)
- thehappypm 4y agoOnly way I would ever invest in bitcoin is if I had a time machine
- squeaky-clean 4y agoIf it goes up 50% up in 6 months it will still be down 18.4% overall.