Trade War Tensions Grow | China Slams New Tariffs On $75B American Goods





#bitcoin #crypto #cryptocurrencies
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12 replies
  1. Robert B. Weaver
    Robert B. Weaver says:

    If voting made a difference, they wouldn't let you do it. It makes no difference who gets to play the president. Behind the curtain is where the real power resides, the permanent globalist government of the JWO. That international clique of central bankers and social engineers. The song remains the same: Short the banks, long BTC.. I have been more skillful than lucky. Thanks mainly to the good time, my initial investment was multiplied by 50. In two months. After getting in touch with Jacob Wesley, an expert in cryptography, who showed me how to use his program to make transactions and got 14btc in 2 months of operations with him, if you are looking for a way to increase your portfolio or investment, he reaches Jacobb Via Email / hangouts in JACOBWESLEY61 @GMAIL. COM OR Telegram; JACOBWESLEY22 whatsapp +1 405 266-3731 * and thanks to me later**

    Reply
  2. Charley Dupré
    Charley Dupré says:

    Hi Nicolas,

    To be honest, I tend to disagree with your analyze for a few points (NB : that remains highly speculative and of course, not financial advice :p) :
    -Scary global context (trade wars, taxes, uncertainties like the Brexit)
    -A general slowdown in the economy which increases fear
    -Diminished volumes for a few weeks (which follow the decrease of the bitcoin price)
    -In the last weeks, we've been making several lower highs and lower lows and each rally has been less strong
    -Wheread the Alt's have not really increased since the beginning of the year, they've (nevertheless) suffered from several big hits

    Thus, I think that on the short term, Bitcoin's price (and the altcoins) are very likely going to break the current level of supports, and perhaps retrace back to the Bitcoin's levels of may (arount 7 / 8 K). This decrease may also accelerate if other bad economical events where to occur, of (if worse) a financial crisis where to start.

    However, I do think that retracement would be on a short term, and that on a mid/long term the price of Bitcoin would increase and break the current levels. Why ? Because in the case of a financial crisis, a lot of money would flow out of the more common classes of Asset, but would find no real way to go. And in that particular case, it would be logical for many investors to flow a large portion of that money to gold… and it would not be unreasonable, since bitcoin has performed quite well since the beginning of the year, to assign a part of that money to Bitcoin.

    Then, should a global recession hit harder, Bitcoin and digital assets would be considered as a safe haven (which, even more than gold) would provide a nice return on investment, giving more credibility to this class of assets.

    I'd be very interested to have your opinion on theses points 🙂

    Cheers,

    Charley

    Reply

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