Man, the times we’re living in. It’s depressing really.
War all around the globe. Israel expecting Iran to start a war against then as well. I wouldn’t be at all surprised if China is going after Taiwan within half a year.
I was really hoping that after covid we would realise how vulnerable we all are and that we need to work together in harmony. But the opposite seems to be true.
I’m really hoping for a turnaround, but all the signs of a global economic crisis are there. Political instability everywhere. Thinking about the next 5 to 10 years is just so depressing.
I’m not at all religious but I’m praying for a turnaround soon. Not getting my hopes up though.
i find this simple indicator useful, it takes the relative strength of the dollar (DXY), US 10 YR treasury /1.61 to come up with a number to measure the health of the debt market.
Volatility might be rising but risk (as measured by this equation) is cratering.
This is a favourable setup for cash to make its way into US equites and continuation of crypto bull market in the coming months.
All assets derive value from the debt market (being a debt based system) and some entity (Federal Reserve and friends around the world?) is buying enormous amounts of debt.
When will the Fed cut rates?
They are already by buying debt (?) and when the
market figures it out > new record highs > no more $1 tokens (on balance of probabilities) imo.
China, no invasion: sanctions would destroy them far more than they have done in Russian. China is the biggest beneficiary of globalization. They import almost everything. An invasion would mean sanctions, would mean famine, and total political destabilization. Demographic decline is a bigger problem for China.
Ukraine has Russian on the run at the moment.
The Middle East is always at each other’s throats, nothing new there, it’s cyclical in nature, and no one can save them.
Bigger problem is de-globalization.
The USA has kept the peace on the ocean’s waters to thwart the soviet union, which no longer exists, in order to shore up alleys around the world with peace, stability, and trade. That deal is soon to be done.
The US has gone populist, and no longer wants to be the world’s policeman.
So piracy, on a much larger scale, is to come. Those country’s that don’t have a navy are in trouble.
Yes, much is about to change, but change is not always a bad thing. It is hard to see the bigger picture, as new alliances are formed, new empires built. Go Autonomi!
Concerns over Iran-Israel war. If Iran causes shutdown of the straight, then oil prices will go up a lot. The stock meltdown seems to have started in Japan and they are very sensitive to oil price as they import all of it.
But now that Japan has triggered this, it will likely drive massive selling around the globe today.
The area around 0.34 (on the Bitmart chart) is the 78% Fibonacci retracement, and a little lower support on the monthly candles, i.e. the end of the February candle and the beginning of the March candle, these are potential levels where we can go down… Of course, this is just technical analysis nothing more!
Went in to buy some emaid just now, but whoa, gas fees are through the roof! Eth is a busy network right now - not surprising given what’s going on, just caught me off guard.
I think we might very soon start to see price moving upwards.
It seems to me that the connectivity issues might become thing of a past upon next release, as LibP2P has finally gotten things straight on that front. I’m not sure what is the significance of that, and I may be exaggerating, but in my opinion the development of the whole Autonomi system will take quantum leaps forward once the connections can be trusted to work. Or to fail due to real problems regarding specific nodes,in a consistent manner, and not due to some unpredictable, on intermittent buggy behaviour of the software.
I hope so. I’m excited for when the basic network is stabilised and performing well enough that focus can shift to visible uses of the network (websites, messaging, wallets & easy transactions etc).
When the network is shown to work, and shown to do some cool stuff, I expect interest and excitement will quickly grow.
We will see when this begins to happen, but I hope it’s not too long!
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