The crazy thing about bitcoin is that it has never went through a recession, depression, nor experience stagflation...

The crazy thing about bitcoin is that it has never went through a recession, depression, nor experience stagflation. It's only existed in times of growth. Not fudding just looking at the facts.

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Yea, can anyone explain to me why it went up this past week?

the crazy thing about bitcoin is that USD is hyperinflating is a certainty, and it's the only true thing aside from land that shows just how much USD is hyperinflating

Bull trap
Dead cat bounce
Suckers rally

It will thrive in those environments too and the sats squeeze will be spectacular.

btc was released due to the 2008 recession as a hedge against the usd. you're right but not very optimistic op

>never went through a recession
2018?

checked it'll be a bloodbath

2017.

literally nobody cares. Global degen gamblers outnumber professional investors. This ponzi casino is only just getting warmed up

2018 wasn't a recession as far as I can find

Nigger the global economy contracted 5.2 percent in 2020 what is this demoralization low IQ bullshit? Jewish hands wrote this post. Kill yourself.

>depression

It literally dropped most of its value

That wasn't a recession, that was just a bear market on one asset class silly

Wow you too
See: A lot of retards in this thread.

People ITT are confusing bitcoins price going down with with a recession of the broader economy(ie 2008). It’s no wonder you retards never make money.

>2020 might count though

First half of 2020

So 2020 doesn't count as a recession? Or do you bobos keep moving the goalposts as to what constitutes as a recession?

Isn't suckers rally bullish?

2020 was an anomaly of epic proportion

Closed system money is subjected to economy as in synonym of scarcity but the newly deployed electronic currency is an example of an open system money and thus has literally no ceiling whatsoever beyond the willingness of the buyers to make use of it. That's why you're going to be poor eventually. You will sell. This rocket will never land but continue its upwards jourbey indefinitely.
Only dark matter claws; hodlers from the darkest corners of the lowest bottoms of hell will remain.

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In 2019 when interest in crypto was mediocre and the FED started tightening everything was fucking dying here.

It would have been a recession, but the fed put a bandaid on it. The recession will still happen. They can't stop it with a bandaid, they can only delay it.

Jewish hands wrote this post

Built in the code, we are going to $1M