Game Over !!!

By what i could understand, the virus is not arriving from any countries in specific... it's on all planes and aeroports !!! … interesting

Yes. 

The economic crash wrapped up in a virus pandemic, it couldn't be better.
For our young generation the global depression will be the worst.

In my opinion, the whole corona crash will affect many markets.

Total meltdown on the stock markets, it is worse than 2009.  

 Total meltdown on the stock markets, it is worse than 2009.

Credit crunch, bursting of the real estate bubble, bankruptcies, unemployment, money printing to the point of collapse, nationalization of companies, pension funds and retirement provisions will fail.

A big depression is in the cards, but thank God we already have a surveillance state watching over us. LOL

I look forward to the next few days. 

Especially how fast it goes is unbelievable.

The whole economy has been heavily leveraged on credit and if there is a mass default then good night.

• Can the central banks once again save the ship with low interest rates and money printing?

I don't think so, confidence is lost and we are already at negative interest rates.

But America need not worry about Corona.
Quote: The President of the United States:

 I have a natural ability to understand the Corona Virus and it will end by April."

 Just as an example:

the Californian pension funds need 6% return every year, otherwise they will go bankrupt....when the market falls so fast and most of the Americans have their retirement provisions in shares... Game Over!

In any case it seems that the economic consequences will be more severe than the virus.
Looks really bad and the options to avert this economic crisis are pretty much exhausted.

It remains exciting...

After realizing that the system can't be saved, the virus came along to give the whole story a different touch. The crash would have happened even without the virus, but it's faster and they have a good reason to put us in quarantine.

Looks like years of monetary mismanagement.

Not necessarily mismanagement, the elite have been sucking us dry for years and they've done it. Mismanagement for the little guy.

Question: What if they just used the Bitcoin to get the most out of it?
Planned quarantine.
——->. keeping BTC on very very small numbers
... As a little side benefit bonus... :)
Bitcoin has grown up on the black market which is monitored by CIA and FBI...so it is quite possible. Hey Crypto... Can't sleep anymore ? lol

A question for reflection :

• What if at about 1000-1500 $ per Bitcoin, in a few months, from "Satoshi's 1Million Account" only "one" Bitcoin would be moved?

On the one hand you have to consider that with falling price &falling hashrate the difficulty to mine is also sinking. That means it becomes "easier" for miners to create a block.

Theoretically the Bitcoin network remains stable.

If Satoshi's account moves something, then it has a signal effect and someone might want to use it to communicate something. I don't know why else you should move 1 Bitcoin from this account... if I understood the question correctly. lol

Once again to the 1000$ theory; because the difficulty is only adjusted every 2016 blocks (2 weeks) ... because a flash crash on 1000$ would cause a maximum of 4 times the number of mines to stop.

(But the biggest farms that secure the network have long-term contracts with the power generators).
So the speed of the network should theoretically not change, it will only be less secure (51%).

Price and difficulty correlate, at least in the medium-long term. So, away from the $1000 scenario.

Hopefully BTC will stabilize a bit in the next days. ... so the Cryptors hope ... LOL

What still worries me is the fact that we have already fallen pretty hard, but the expected newsflow for the next weeks and months will probably be glorious.

• How many percent will we fall if Europe and the USA - shutdown and quarantine?

• How much more damage will be caused by the blatantly falling oil price, e.g. bursting of the pump-financed fracking industry in the USA?

 By the way, this is the biggest bubble ever!

The global government bonds and their low interest rates.

If this chart crashes e.g. Euro Bond then it is really game over!

We already formed a very threatening looking reversal candle once, let's see how it goes on here.

A customer of mine (78 years) was the last 60 years in the stock and derivatives market full-time active.

He told me yesterday that he has already experienced 5 crashes /recessions and the 2-nd World War as a child, but what is now approaching he has never seen before...

He is afraid that the conditions will be similar to the last war or even exceed them by far.

He also said that he could imagine that this could last for several years...

But there's HOPE

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