RE: Coronavirus And The Stock Market 03-09-2020, 09:52 PM
#6
majority of people will be fine, health wise. im worried about peoples reactions though. some people hoarding all the toilet paper and rice and beans. worried about the production of asprin and tylonal. i dont see many people in my business but it is public facing. and our supply chains are mostly us/euro based. their supply chains, however, are probably chinese.
im very interested in the crashing of btc. it hasnt lived through a recession yet and even after all the digital gold memes, makes sence people are looking to liquidate assets to cover their asses. bitmain looks like its in trouble. all the chinese miners are panicking. the btc infrastructure might not be able to handle it but the hash rate seems to be doing fine. time will tell...
edit: one thing that grinds my gears, oil fell a crazy amount this weekend, but how much do you think the price at the pump is going to drop? 5% over the next month *maybe*? this should be passed on to the consumer, but thats the glory of a monopoly i suppouse
im very interested in the crashing of btc. it hasnt lived through a recession yet and even after all the digital gold memes, makes sence people are looking to liquidate assets to cover their asses. bitmain looks like its in trouble. all the chinese miners are panicking. the btc infrastructure might not be able to handle it but the hash rate seems to be doing fine. time will tell...
edit: one thing that grinds my gears, oil fell a crazy amount this weekend, but how much do you think the price at the pump is going to drop? 5% over the next month *maybe*? this should be passed on to the consumer, but thats the glory of a monopoly i suppouse
(This post was last modified: 03-09-2020, 09:54 PM by @bcd3.)
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