Talking about Western society crash and debt and Fed rate hikes and btc

Fullbear2222

member

Activity: 377

Merit: 11

Quote from: stompix on December 21, 2022, 10:01:53 PM

Quote from: Hydrogen on December 21, 2022, 03:43:11 PM

A case could be made for crypto currently outperforming stocks.

I think most look exclusively at crypto's losses and do not realize stocks and other assets are losing value at a faster rate.

If it wasn't for the FTX crash and the havoc it wreaked on the industry, bitcoin would 100% definitely be outperforming the stock market atm.

Year right cause ^IXIC losing 33% from the ATH is still worse than crypto losing 75%.
Let's go back on a 5y graph and see that BTC is lower than 5 years ago while ^IXIC is up by a third?
We dropped like a stone this year and you actually make a case on this against stocks?

As for FTX, everyone talks about the crash after, but nobody says a word about the fake growth that we had while this guy was pumping markets with money he didn't have. Same as Luna, while Kwon was buying BTC with IOUs everyone was cheering, when the crash happened, suddenly they forgot about that part.

Same goes for fiat currency system it's fake and there will be war to hide that fake system.
Fiat works as long as there is borrowing.

Human work have only true value all others are just ponzi.

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: Hydrogen on December 21, 2022, 03:43:11 PM

A case could be made for crypto currently outperforming stocks.

I think most look exclusively at crypto's losses and do not realize stocks and other assets are losing value at a faster rate.

If it wasn't for the FTX crash and the havoc it wreaked on the industry, bitcoin would 100% definitely be outperforming the stock market atm.

Year right cause ^IXIC losing 33% from the ATH is still worse than crypto losing 75%.
Let's go back on a 5y graph and see that BTC is lower than 5 years ago while ^IXIC is up by a third?
We dropped like a stone this year and you actually make a case on this against stocks?

As for FTX, everyone talks about the crash after, but nobody says a word about the fake growth that we had while this guy was pumping markets with money he didn't have. Same as Luna, while Kwon was buying BTC with IOUs everyone was cheering, when the crash happened, suddenly they forgot about that part.

philipma1957

legendary

Activity: 4172

Merit: 8075

'The right to privacy matters'

Interesting topic.

I have some info that most do not know about.

My brother in law suffers from dementia.

He won't get better and eventually will die from the disease.

He is 72 and his body other than his brain is fairly okay.

Thus he could live 5-10 years.

In the USA there is not much health care for people sick like him. But you can buy your own insurance. Which he did.

This industry was in terrible shape on Jan 1 2022. Over 1 trillion in the hole. Of the 14 major companies that sell it all of them were facing bankruptcy.

The bonds were the major way this company made money. bonds paid next to 1.5% on Jan 2022

bonds now pay 4%

These companies have been saved from bankruptcy due to the fed's actions .

Look up companies like genworth

https://www.macroaxis.com/invest/ratio/GNW/Probability-Of-Bankruptcy

note assets grew in 2022

    2019..........2020................2021...........2022 (projected)
Cash and Equivalents    3.34 B..............2.66 B...........1.57 B...........1.61 B
Total Assets    101.34 B..........105.75 B..........99.17 B........114.09 B

you can see they recovered close to 15 billion this year. 99.17 B is up to 114.09 B

there are more companies that were struggling and they mostly have all done well due to the fed rising rates.

Fortify

legendary

Activity: 2688

Merit: 1192

Quote from: Fullbear2222 on December 21, 2022, 11:07:28 AM

This crash is not good for any prices.
People talk like crypto is doing better when Western society financial system going down.
It's not true becouse btc and crypto prices are from USA dollar.
Only way the crypto can be hedge is when we go over stable coins asap.
So that USDC USDT can provide liquity to markets.
They have swich USDT to REPO MM reverse system first.

Gold not doing better either becouse gold price is determined by exchangers and mainly USD.

Simple way to say gold oil stocks real estate prices going down.

If Fed dont pivot or change the system to USDT or USDC then this whole situation Are good only for Bond holders and Stable coins and Fiat currency holders and oil If war continue.

Everything else including gold price likely will do 50% price drop.

Your best assets are:
Oil (only If war still going on .)
Stable coins and Fiat currency.
Bonds private and goverment.

Boom and bust is the natural cycle of the economy for decades, if not centuries. Most intelligent people put their money into the stock market, but they do it consistently with big companies that return them small and steady returns. They put more money in on a regular basis, week after week or month after month. They buy (sensibly) when the market is high and they buy when the market is low. Good companies will weather the storms that are recessions and depressions. Some companies out there pay out their profits in the form of dividends, those dividends have increased year after year for many decades in some cases - like getting a raise on your investment each year.

franky1

legendary

Activity: 4270

Merit: 4534

tech didnt lose $7.5trill

tech was $7.5 of pumped bubble fake valuations
companies now sit at a better value to real asset hoards

in short there is no reserve of $7.5 trill hoard somewhere that got burned
it was just a market database entry that got a minus included on its monthly statement instead of a +

karabiber

hero member

Activity: 1400

Merit: 682

Cryptocurrency continues to spread rapidly in western societies and there are different opinions about the use of cryptocurrencies. However, as cryptocurrencies are used as payment methods and traded in financial markets, it is thought that they may become even more common in the future. On the other hand, due to the volatility and decentralized nature of cryptocurrencies, there are also concerns about their use. Therefore, there are different opinions about cryptocurrencies and uncertainties about how it will be used in the future. Currently, the dominant monetary system in the world is based on the dollar. The dollar prices almost everything. I think there is only one thing that will change the Bretton Woods system. Correct guess crypto!

Hydrogen

legendary

Activity: 2562

Merit: 1441

If it is true that the US tech industry lost $7.4 trillion in market cap over the last 12 months:

Quote

Tech’s reality check: How the industry lost $7.4 trillion in one year

The Nasdaq has tumbled sharply from its all-time high a year ago, as layoffs, inflation and rising interest rates roil the tech industry.
Companies are slowing spending and responding to a weakening economy after seeing their stock prices tank.
“You just don’t know what it’s going to be like going forward,” Jeff Grabow, venture capital leader at EY, told CNBC.

Not one of the 15 most valuable U.S. tech companies has generated positive returns in 2021. Microsoft has shed roughly $700 billion in market cap. Meta’s market cap has contracted by over 70% from its highs, wiping out over $600 billion in value this year.

In total, investors have lost roughly $7.4 trillion, based on the 12-month drop in the Nasdaq.

https://www.cnbc.com/2022/11/25/techs-reality-check-how-the-industry-lost-7point4-trillion-in-one-year.html

A case could be made for crypto currently outperforming stocks.

I think most look exclusively at crypto's losses and do not realize stocks and other assets are losing value at a faster rate.

If it wasn't for the FTX crash and the havoc it wreaked on the industry, bitcoin would 100% definitely be outperforming the stock market atm.

Fullbear2222

member

Activity: 377

Merit: 11

This crash is not good for any prices.
People talk like crypto is doing better when Western society financial system going down.
It's not true becouse btc and crypto prices are from USA dollar.
Only way the crypto can be hedge is when we go over stable coins asap.
So that USDC USDT can provide liquity to markets.
They have swich USDT to REPO MM reverse system first.

Gold not doing better either becouse gold price is determined by exchangers and mainly USD.

Simple way to say gold oil stocks real estate prices going down.

If Fed dont pivot or change the system to USDT or USDC then this whole situation Are good only for Bond holders and Stable coins and Fiat currency holders and oil If war continue.

Everything else including gold price likely will do 50% price drop.

Your best assets are:
Oil (only If war still going on .)
Stable coins and Fiat currency.
Bonds private and goverment.

Topic: Talking about Western society crash and debt and Fed rate hikes and btc (Read 44 times)