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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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18035500 No.18035500 [Reply] [Original]

We're now at the bottom of this crash and that the Great Depression-like disaster will be averted. Nobody is selling stocks anymore and the shorts have thinned. We're crabbing to recovery, slowly but surely. Three weeks from now we'll all forget what happened in March 2020.

>> No.18035516

Thanks for the hopium. That should be good for a few hours.

>> No.18035542

>>18035500
Economic Trends beg to differ. It's all down hill from here. Expect Highs followed by lower lows

>> No.18035549

You are speaking about Bitcoin right? Because I cannot imagine that to be true otherwise.

>> No.18035553

>We're now at the bottom
Nope

>> No.18035566

>>18035500
Three weeks from now the corona news cycle will be gone and the decentralized asset/smart contract narrative will be beginning

>> No.18035598

>>18035500
We're in a much worse position than in 2008. We had 8 years of zero interest rates. A 40% drop is nothing. Hell even the 08 FC was a 60% drop. We're only getting started.

Unless corona virus goes away in the next few months this will become considerably worse.

>> No.18035626

>>18035500
>The quarantine isn't lifted
>Russia and Saudi arabia still in a race to self destruction
>US hasn't passed any sort of bail out bill
>US will likely cause hyperinflation with all of this money printing
>major companies are about to go tits up
>all of these bubbles haven't burst
it hasn't even begun

>> No.18035653
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18035653

>>18035549
>You are speaking about Bitcoin right?
What the fuck is Bitcoin even about and how is that relevant to businesses and the financial world? I don't know anybody who accepts it.

>> No.18035719

>>18035626
You're a fucking idiot. Trump has already planned everything out. Banks want Trump gone so they decided to profit from this shitty pandemic.