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D-ETH

Evergrande and the San Francisco Real-Estate Crash (ft. #Crypto)So while we wait for the #Evergrande thing to sort itself out, the city to pay attention to for cracks in the housing market here in the US is #SanFrancisco. They have had the highest housing inflation in the country over the last decade -- which is counteracted by the reality that both jobs and people are leaving the city in droves now due to its unaffordability, high taxes, and lower quality of living. So the part we should be concerned about is the fact that cash purchases of real-estate (the metric used to estimate foreign investment) has been on the rise for a while now, and COVID has more likely than not accelerated those trends. Of the possible 30-40% of homes bought with cash in SF, we know that at least with foreign properties, more than 70% of them are from China. We don't have the exact numbers yet but I think it's safe to say that it's probably enough to have an impact. While everyday Americans struggle to make ends meet, why does the market keep on going up, at least on paper? The reality is that US markets are being propped up by foreign speculators right now, rather than anything we did on our end. Foreign investors know that Americans are homeownership obsessed and will basically do anything to keep their home values up, no matter what the cost. (Homelessness, crime, rising rents, etc.) They don't live with the consequences since most aren't even here -- all they really care about is getting a return. Both the NIMBYs and politicians in the US have sold out the American people to see their home values rise for a few % points -- foreign investors are basically trying to #buythedip of our dysfunction and laughing all the way to the bank, really. Is the sky going to fall? No. But when you see people freak out over changes in 5-10% even in assets like #crypto, a change like that can actually be panic-inducing in traditional markets. Imagine that your investment that has gone up steadily every year for 50 years, now going down. If you're a renter or a prospective homebuyer, this may be the moment you've been waiting for, though. Something worth keeping tabs on, either way.
HKEX:3333Long
by RyanTanaka
ETH.USDT (Y21.P6.Video1).Planning aheadHi All, As per my commentary, I do see ETH coming down more as its done very well high and hence buying interest will want to see it pullback. Its also likely that other coins will take interest away from ETH especially when BTC gets going, as it might be the case BTC dominance goes up to 50% or so. I think ETH is doing what KAVA has done already, slightly ahead of it. Refer to the kava link below. Eth will have its moment, and we just need to time it well from BTC to ETH or ALTs to ETH, like it happened before. Please give me a like and\or comments + a donation will be good. Come and join my c.h.a.n.n.e.l as well. All the best, S.SAri
Long
by ssari
Great action form #Bitcoin overnight, lets explore the potentialtriggering event that has just occurred giving us the structure necessary to attack to large numbers that we all desire! #HVF hunt volatility funnel engaged! prepare and yourselves :) q4 could be epic and historic getting the meat of the move and the major direction correct is what give u best the gains. (Im not predicting 2022 to be so giving in nature as the past couple of years... so protect your gains along the way)
BITSTAMP:BTCUSDLong
by BallaJi
4
Modern Monetary Theory vs Crypto (ft. Inflation, Ronald Reagan)Modern Monetary Theory (MMT) is not a "magic money tree" like a lot of (privledged) people say it is. The money for it comes from: - Leveraging the US Dollar's credit rating in exchange for short-term loans - Collateral from debt and related interest rates - Increasing the gap between inflationary assets (whom lean in favor of the wealthy) and labor wages, which often goes unnoticed One thing to note is that instead of raising taxes (which nobody wants to do) the government has been inflating the valuations of assets like real-estate in order to compensate for loss of taxable revenue. The reason why the Federal Reserve isn't likely to increase interest rates, even if they could. Crypto is disruptive to the finance industry because it gives the power of asset ownership to the wider public, which ends up in competition with traditional asset classes like real-estate and stocks. And crypto is winning so far, which is the reason why you hear a lot of cries of "foul play" from the other side. 😭 Traditional finance falls apart when people default on their loan (literally unable to pay it back due to hopelessness), which we briefly saw in 2008, which they covered up with band-aid policies that could come off at any moment. I'm trying to figure out the timing of this right now but it hasn't been easy. But we do know it's coming soon, because COVID has accelerated the trends towards this stuff even more as the government continues to have no plan for how or when this train is going to end. It's only a matter of time. Either way, hold on to your butts, folks. Link to NFT: opensea.io
BITSTAMP:ETHUSD
by RyanTanaka
BTC & ETH ... Are we looking at another CRASH?Evening everyone! It's good to be back after a few days off. A little more casual session this evening, we take a good look at BTC and ETH to see what the next moves are and what we're looking towards. We take into consideration all the evidence like Supply and Demand, Fibonacci and a lot of previous Market Structure. As always, let us know what you think and what you expect to happen over the coming days down below! Until the next video!
BITFINEX:ETHUSD
by Unity-Trading-Group