• TheWireMaster posted an update in the group Group logo of TradingTrading 2 months, 2 weeks ago

    The coronavirus has triggered something that very much looks like the next financial crisis.
    In 2009 Bitcoin was born as an alternative financial tool that was not centralised and therefore would fix the flaws of the conventional system. Traditional financial markets would go down, Bitcoin would go up.
    In these days instead cryptocurrencies are crashing together with the traditional markets. Of course this (maybe) financial crisis is not born from the financial system, but anyway interesting to see. I was expecting a different reaction of the crypto market.

    • Bitcoin is no more a financial sector disruptor. Probably this means that investors want to buy blockchain tech and now like all other shares it goes down.

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