What the #)$*#@)($ is happening with Bitcoin's insane record run? | Crypto Craft

  • What the #)$*#@)($ is happening with Bitcoin's insane record run?

    From cnn.com

    Bitcoin is crashing -- upward. It just passed $28,000 and shows no signs of stopping. The digital currency has a market value north of $500 billion. Think Bitcoin is just a fad? It's worth more than Visa (V) or Mastercard (MA). Or Walmart (WMT). Bitcoin passed $20,000 for the first time just 11 days ago. Now it's knocking at $30,000's door. Its rapid rise has been remarkable -- or insane, depending on your appetite for risk. But there's some logic to the run-up: Investors are pouring money into bitcoin and other cryptocurrencies during the Covid-19 pandemic as the Federal Reserve sent interest rates near zero (and ... (full story)

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TudorIoan
Dec 28, 2020 12:41am
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"Investors are pouring money into bitcoin and other cryptocurrencies during the Covid-19 pandemic as the Federal Reserve sent interest rates near zero" ???
What the hell are you saying? Bitcoin was dead when C19 kicked in !!!

What kind of investors poured real money in this code ???
The most dumb and greedy ? ...because this is the most freaking volatile asset ever ?

Who is investing in the most volatile crap ? The greedy and the blind !
The FOMO morons.

Investing only 1 - 5% is smart ...but still a gamble
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