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RE: Bitcoin, the next financial crisis and some dark web secrets
Is a financial crisis really brewing though? The global economy is going quite well at the moment and the current stock market crash is seen by experts as a correction due to the rapid growth in the last year, rather than the start of a recession. The prevalent use of trading bots have been blamed in the crash, similar to the effect of stop losses with crypto exchanges last year.
However if there really is a massive conspiracy then the pattern in the last month sort of makes sense. There has been so much FUD everywhere and no amount of good news has worked to reduce it until the US hearing yesterday when it started turning.
Yeah.. too much fud everywhere, hard to believe that suddenly all the bad news came out in this rate. In my country the financial crisis just started. There are 60% less real estate transactions this year than the last year same period of time.. BTC starts the recovering process already. Lets see what happens :)