You are viewing a single comment's thread from:

RE: An attempt to test recently established strong resistance

in #cryptocurrency6 years ago (edited)

There's no such thing as the"regular market" anymore. It died back in 2008 together with investment banking. What we see today is a total manipulation of everything. Commodities, Stocks, bonds, mortgage backed securities, - you name it, - everything is being manipulated including popular perceptions and myths through the social media. We live in the smoke & mirrors invented reality.

The money masters will continue to pump up everything because they can not afford a social disorder. Especially they need the property and stock prices to be elevated. Because rising stocks and real estate bring an illusion of wealth for the population as well as they secure collateral base for the banking system. If collateral starts to depreciate the entire banking system will go belly up. Especially in Europe where banks operate with 100 + leverage.

So, the pumping of stock and property prices will continue by printing money out of thin air (regardless of what the talking heads say) and the only limitation to this exercise is confidence of the general population in the fiat money system. Because the more you print the less scarce money becomes and money immediately loses its purchasing power once its scarcity evaporates. So, what do you do?

As a matter of fact it is not a brainer. All you have to do is to create new avenues to absorb the excess dollars. The cryptocurrency market is a perfect inflation shock absorber.

Sort:  

tipping hat response. but only i don't know how to do the Gif.

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.030
BTC 63964.61
ETH 3433.73
USDT 1.00
SBD 2.55