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RE: Whale Games: Hiding Value Underwater by taskmaster4450le

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· @taskmaster4450le ·
> I do believe that Bitcoin (and crypto in general) could end up recovering much more quickly than the rest of the economy.

I would say this makes sense.  When risk off is in the air, the high flyers get hit early and hard.  However, I think the reverse is also true.  When people move to the risk on, they dont jump into Clorox or Home Depot.  They start piling into AMZN and TSLA.

So Bitcoin and other crypto should be at the front of the curve.  Plus, as you cited, the smaller size of the market allows for large sums of money to have a bigger impact.



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@acesontop ·
$0.05
RE: RE: Whale Games: Hiding Value Underwater
It happened in March 2020. I'd say though that when it comes to risk on assets Bitcoin might be more accessible to buy now and even more popular than stocks such as AMZN or TESLA.

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@taskmaster4450le ·
I wouldnt go as far as to say it is more popular than AMZN and TSLA.  Those companies have huge followings.  But I get your point.  There is a lot of opportunity for Bitcoin (and other tokens) to bounce back quickly.

And a bit of big money moving over will really move things.

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@shortsegments ·
#### Agreed. 

- Blue Chips always do well. 

- People trust them not to go to zero, and they trust them to lead the recovery. 

- It may be a self-full-filling prophesey, but seems historically correct.

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@uyobong ·
This would happen a not faster as countries are willing to adopt and regulate crypto officially. Even Nigeria's Stock Exchange Commission made a recent statement on that.

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