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Crypto is held on a concentrated basis. Even if it goes to zero it won’t
Have the same impact of tech stocks around 2000.
It’s a fringe asset. Most folks only hear about it. Ownership ranks are minimal. No one currently has it in their 401k and very few companies have exposure to it. Banks have almost zero exposure to it. There won’t be the contagion from it like other financial crisis
Thread Replies (8)
what’s the next domino to fall?
-- MrBayAreaHokie
Jun 18, 2022 at 11:24 AM ET
MrBayAreaHokie
•
06/18/22 11:24 AM ET
Powells 'soft landing' will be soft like the Titanic hitting the mud 12 000
-- ColoVT82
Jun 18, 2022 at 01:39 PM ET
ColoVT82
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06/18/22 01:39 PM ET
All the crypto fans loved it when the institutional
-- GreenvilleVT
Jun 18, 2022 at 12:59 PM ET
GreenvilleVT
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06/18/22 12:59 PM ET
great gold vs btc convo**
-- MrBayAreaHokie
Jun 18, 2022 at 12:46 PM ET
MrBayAreaHokie
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06/18/22 12:46 PM ET
It will be interesting (scary) to see how interconnected crypto is with the
-- RoswellGAHokie
Jun 18, 2022 at 11:55 AM ET
RoswellGAHokie
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06/18/22 11:55 AM ET
Worst case is worser than 2008 IMHO. That was bad enough, papered over for
-- ColoVT82
Jun 18, 2022 at 02:39 PM ET
ColoVT82
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06/18/22 02:39 PM ET
Crypto is held on a concentrated basis. Even if it goes to zero it won’t
◄
-- GreenvilleVT
Jun 18, 2022 at 01:02 PM ET
GreenvilleVT
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06/18/22 01:02 PM ET
…"I get into enough trouble with the things I think I know something about”
-- chumley
Jun 18, 2022 at 12:09 PM ET
chumley
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06/18/22 12:09 PM ET