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XJO - Bear Posts only (Factors which might cause the markets to fall), page-12076

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Giovanni33

2,287 Posts.

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03/09/23

11:55

Post #: 69708217
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Originally posted by Ewebute: ↑

I have pointed out in the past, any collapse will not come from the main headlines about the economy etc but from an 'unexpected' event. It's being recognised by less palatable of sources but the dots might be connected by mainstream to fulfil the outcome.

I've demonstrated a pattern happening with multiple banks not providing access to many of their customers under the guise of software failures over the last couple of months.

All it might take is a major bank to be down for a few days and then there might be another bank run occurrence similar or worse to February / March. Then we can be offered a saving from the woes in the form of a CBDC.

One thing stopping this might be the other cryptos available to park your money. Destroying another to destabilise that aspect will also be essential. I would consider Binance to be the next best candidate looking at their moves of late and also their relative size being important. Someone is likely preparing for this type of event based upon the recent volatility in Bitcoin IMO.

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This is one of the reasons I want to do more than just bank in Aus, diversifying that risk.

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