OTCPK:PGMFF - Post by User
Comment by
Welchspringon Jan 10, 2021 1:30pm
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Post# 32263453
RE:RE:RE:RE:RE:RE:cryptos
RE:RE:RE:RE:RE:RE:cryptos If central banks are investing in Biticon that is very very scarey.
Several years ago - 60s, 70s and even the early 80s banks were regulated and only allowed to invest in tripe A bonds, treasury bills & high secure conversative blue chip stocks and taking on loans.mortgages that were secure. Since mid-80s and beyond banks have gotten more speculative in what they invest in and taking on loans that are high risk. This is why we had the bank financial crisis 20 years.
The majority of investor have stated Biticon will have a major correction. The old story the higher it goes the harder it falls.
If central banks are investing in Biticon then IMO we are heading for another finanical crisis.