The next big market crash?

[Steve Miller]

About every 20 years the market crashes in a big way. Crash of ‘87, The Great Recession of 2008, etc. I’ve been wondering what might cause the next crash and Bitcoin may well be it:

https://wapo.st/4ilseBx

(Should be a gift link)

[wtg]

Gift link, but to access you have to register and log in to WaPo.

Direct access to same article via MSN:

https://www.msn.com/en-us/money/markets/bitcoin-breaks-100000-barrier-amid-post-election-cryptocurrency-surge/ar-AA1vivYw

[Mik]

We had a thread about that next door. I don't invest in things I don't understand, and despite reading, i still don't quite understand bitcoin.

[Steve Miller]

I don’t invest in Bitcoin either, but I do wonder what will happen to the larger market if it crashes.

[CHAS]

January 21, 2025?

[Daniel]

Corruption will probably be the cause of it. Corruption always seems to be the cause of it.

[ShiroKuro]

@Steve-Miller said in The next big market crash?:

I don’t invest in Bitcoin either, but I do wonder what will happen to the larger market if it crashes.

+1.

[CHAS]

I think crypto has value only because they say it has value. I call it BS.
Reminds me of Beanie Babies and tulips.

[Daniel]

According to Edward Snowden, crypto currency transactions can be made difficult for the government to track but the government can always track them.

This means if the government in the future decides to "turn off" the digital currency many governments seem to want the crypto currencies won't be an exception.

I don't see the point of them.