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Simple question. Why do YOU think Crypto is falling? What's the low in 2022 to buy?

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Who wants to talk about Bitcoin and Crypto? I know we talked about this last week and why it's falling. I gave you my take. Here's some more. Crypto has never seen a bear stock market before since the last one ended in 2009 before crypto wasn't even born.

4:59 AM · Jun 19, 2022Twitter Web App

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Diplo concert tickets are down -89% as a result of the crypto crash.

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Can they be paid for in Doge?

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I think it’s the same as why the stock market got pumped. Trillions in QE gone. And unregulated. Plus now you have firms like Celsius preventing users from withdrawing their money causing panic selling and then the firm potentially getting liquidated.

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Falling because we are in a recession and everyone invested more than should've and now realized they need more money for essentials (food, shelter, gas, etc). It'll bounce back like it always does when the Nasdaq finally does too since it trades so closely with it. IMO

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Crypto was supposed to be a hedge to inflation and not correlated to any stock market however this doesn’t seem to be the case so the bottom will be determined by the US market 📉

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It’s falling because it’s a giant Ponzi scheme, and Ponzi’s always work until people try to get their money back.

Mason Webster (Five.)

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I would implore you to learn more about the crypto space and what is being accomplished. While there are plenty of crypto Ponzi's, some are actually achieving great things and are making huge partnerships right now.

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Because the macro market is too engaged in trading it, not in investing in it

Mason Webster (Five.)

@masonwebsterv

Jun 19

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@MasterBJones

The low should be in somewhere between August and November ish. Then a move upward then an all out crash. Crypto is here to stay, however the old money doesn't understand it so it moves oddly

Mason Webster (Five.)

@masonwebsterv

Jun 19

Replying to

@MasterBJones

As far as why I think crypto is falling: our government and the rest of the world governments are really really bad with money. Criminally so some might say. ;) I'm with your prediction. There's no way they didn't know this would happen.