Markets are crashing. Do you think we will see a big uptick in merchant defaults?
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  1. #1
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    Quote Originally Posted by PhillyFunder View Post
    Crypto has crashed similarly multiple times before and has recovered to make new All-time highs. Why do you think this time it won't recover?
    It has never crashed like this. It was kept afloat by a **** ton of PPP and EDD money in the system. It’s gone now. Russia is unable to sink billions into it like it once did.

    It’s either gonna be a currency or an investment. It’s value as an investment is based on nothing than speculation. There’s no underlying value.

    As a currency it will always be good for buying drugs, prostitutes and financing wars in South America.

  2. #2
    Quote Originally Posted by WestCoastFunding View Post
    It has never crashed like this. It was kept afloat by a **** ton of PPP and EDD money in the system. It’s gone now. Russia is unable to sink billions into it like it once did.

    It’s either gonna be a currency or an investment. It’s value as an investment is based on nothing than speculation. There’s no underlying value.

    As a currency it will always be good for buying drugs, prostitutes and financing wars in South America.
    It's crashed way worse than this bud. Dec 2017 to Dec 2018 Bitcoin went from ~20k to ~3k. Going from 65k to 19k ain't nothing. It's going to go lower before it goes higher.

  3. #3
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    Quote Originally Posted by budlightboy View Post
    It's crashed way worse than this bud. Dec 2017 to Dec 2018 Bitcoin went from ~20k to ~3k. Going from 65k to 19k ain't nothing. It's going to go lower before it goes higher.
    it ain't nothing?? there are guys right now in Miami that cant fill up their Lamborghini Sián's gas tanks.
    Marcus Clapman
    Capybara Capital
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