Ok, thats enough

There is a global recession, a war in europe and inflation like 40 years ago. You had your manipulated relief rally, now sell and let our shorts work.

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Checked trips. ETH is going straight to $24,000 USD.

Retard
A global recession would be bullish if we had one check the extreme 2020 recession and the crypto prices

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But we dont have a recession now we are still recovering from the last one

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This time is different.

I dont have anymore more margin to add bobro might have to take a loss if it keeps going up :(

yeah and you dont think that dumping all the way from 70k to 20k was enough? it's over, we're bull now.

yeah sure, people losing their jobs and struggling to buy food and heat their houses are going to buy internet fake money these next two years LMAO

But that's exactly what happened back in 2020.

you mean when they turned on the money printer and printed 1/3 of the current dollar circulating supply? retard

i was getting $4200 a month for sitting at home in 2020 WHERE THE FUCK IS MY MONEY

not really. Btc just followed the big money algos from stock market. Stonks control btc, get that through your thick skull. They printed an obscene amount of money that was deployed on every market

Not really. A portion of the population received unemployment money and they went out and spent it. People even bought crypto with it.

That money doesn't exist right now

i wouldnt call this a war in europe

yeah thats priced in
also people realize the inflation is actually eating their money and the crypto dip is a good opportunity

The recession will be cause by the hyperinflation caused by the previous covid recession. No one will give you a dime during this one, let alone print 10 trillion+ dollarinos. Covid wasn't a recession either, it was just one quarter.

NCP like take. Money never exits circulation. Inflation would have to be 100% year over year to adjust prices to the amount of new money in circulation. As inflation is relatively low compared to the amount of printing that has been done that means there is someone (or many people) down the supply chain with a glut of dollars. If they don't want to be raped by future printing and the weak fundamentals of fiat in general they have to invest in assets. Goyim like yourself might be getting raped by price rises but those in charge have had UBI since 2008 and will soak up every piece of the pie and if you want a piece you will be forced to pay way over the odds.
>Inb4 muh crypto isn't valuable
It's a revolution in financial technology in an increasingly globalised world. If you can't put 2 and 2 together and infer the value proposition from this you have no place being in this space and would be better off just putting cash in the bank regardless of how rekt you will get due to future government policy.

>recession
i not seen bad data yet, just predictions

>war in europe
theres always war somewhere

>inflation
so $ prices inflate, are you dumb

>>Inb4 muh crypto isn't valuable
>It's a revolution in financial technology in an increasingly globalised world. If you can't put 2 and 2 together and infer the value proposition from this you have no place being in this space and would be better off just putting cash in the bank regardless of how rekt you will get due to future government policy.
The problem is that crypto remains viable for global instant decentralized transactions regardless of its token price, and it actually benefits in utility from a stable/rangebound token price.

And where did all that money go?

People and institutions are hoarding them ready to jump back into the markets.

It depends if the price of a transaction is denominated in a fixed % of a token or a fixed dollar price. A lot of gen 3 L1's fix to dollar price so token price going up over time benefits those using the network.

>crypto
>it's a new paradigm bro
LMAO

?????????????????? If anything a worker shortage is causing th e recession

>struggling to buy food and heat their houses
2
more
weeks

They've been doing that for months hence the most negative views on the economy in history. Don't worry though, it will all normalize soon. I'm giving it another 2 weeks before that happens.

I accept your concession.