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>> No.5891568 [View]
File: 122 KB, 904x558, economic_cycle.jpg [View same] [iqdb] [saucenao] [google]
5891568

Let's take a macro look at things for moment when it comes to economy and crypto currency.

-2007 to 2010 the sub prime mortgage crisis hit the US really hard
-This contributed to recession between December 2007 – June 2009
- Also during 2008 Congress passes the bailout for the major banks
-January 2009 the Bitcoin network comes online and the first transactions goes through
-July 2010 3rd version of bitcoin is released
-2011 Bitcoin reaches parody with the US dollar.
-2014 Global Advisor Bitcoin Investment Fund worlds first regulated investment fund
- 2015 NYSE minority investor in Coinbase 75 million dollars.
- 2016 Donald Trump becomes president and Bitcoin saw a 5% increase in just 24hr
- 2017 Multiple ICO coming to market to the point where China bans ICO due to multiple reasons

And that brings us to 2018, now the US market has been on bull run of the last what 7-8 years. Which means we're coming up on the economics cycle where things start to pull back and with that tide moving out, I'm wondering what within the crypto will be the deciding factor that will make investors want to hold out the storm through to until the next cycle or even just to see who remain through fiscal Darwinism. Trying to keep out of mind as much speculation as possible, thinking all coins just being $1 in cost and all with an equally balanced market cap, what among would still be utilized due to their function at heart when the wells dry up.

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