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TFM Predicted the Rate Hike and Crash

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Published on 06 May 2022 / In News & Politics

Last week ⁣TFM predicted the 0.5% Fed rate hike, although that's not a big surprise, and the subsequent crypto and NASDAQ crash.

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RedPillSatori
RedPillSatori 3 years ago

I'm glad I sold off a bunch of crypto after they announced the rate hike.

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3 years ago

@RedPillSatori: I cashed out last year not long after Bitcoin hit $60K. I missed the peak but, made out O.K. I've learned that the crypto news is full of lies and propaganda to get speculators to buy out the Big Boys before it crashes. I'd love to see all crypto destroyed.

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RedPillSatori
RedPillSatori 3 years ago

@InfiniteMushroom: Nice! ..I had a bunch of Dogecoin I accumulated years ago when it was worthless, but totally forgot about it until I came across the wallet address, by accident, but by the time I go it out of the wallet and sold it on an exchange, the crash had already happened, but still made out pretty well.

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Darthtickles
Darthtickles 3 years ago

bitcoin trades on a > 0.6 correlation with the nasdaq, and we all know where that is going

i think blockchain technology will be everywhere (if we dont nuke ourselves first), but all existing coins will be worth zero. that said, crypto has at least one more good pump left in it, so ill be buying some at the bottom again

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RedPillSatori
RedPillSatori 3 years ago

For sure! The blockchain technology has a lot of potential, and I love real-world applications of it (like Odyssey), but cryptos are hyped-up and over-bought, even if we weren't in an economic crisis.

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