Veteran investor Mark Mobius says the market could face a major correction if bitcoin prices crash

📆 27/12/1399 08:55 ب.ظ
📰 BusinessInsider

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'I hope and pray that the bitcoin prices do not crash because if they do, I think we are going to see a major market correction,' Mobius told CNBC.

doesn't crash because the broader market could face a large downturn if that were to happen.

"This is probably one of the reasons why the market is doing so well, is that people who have bought, let's say bitcoin at $1 or $10, now are feeling rich," Mobius said.

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Yes, but on the other hand, as bitcoin is a postmodern ponzi, designed to be an asset bubble, and pushed by finance like hell, with a marketing around being a store of value against inflation , what you could see is

We have negative on Oil last year and we now have negative interest on T-Bills today. Bitcoin and Digibyte have never gone negative $btc $dgb

Can we go somewhere today?

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