I am concerned with maker
7% interest on compound for Dai
someone borrowing Dai at 15% off REP to pay down contract on Maker.
will lowering interest rate help stabalize Dai?
global settlement could cause downward spiral on eth price
and leave Maker itself fine.
downward spiral – no bailout
they need multi collateral
next rally will be debt fueled.
maker slow with 100 steps that need speeding up
Bakkt and fidelty willl not end fall.
they fuel rally
potter – buying
kling – might be bottom, not sure. different than at 6000
pain ends violently with 100% up in 5 days.
BTC bottoms first
not shit coins rallying – Doge and BCH
BCH to zero – bitmain bankruptcy.
this is good for diversification of mining.
smart money says in credit crunch btc loses too.
I am not sure they are as coupled as people think
stock market waiting for bail out
started with turkey and argentina. those were bailed out but capital shrinking elsewhere
oil, FANGA, GE, DB.
We are either spiraling up or spiraling down.
We are now spiraling down.