[IMPORTANT] This Is What Is Going to Happen In The Next 90 Days | Kevin O’Leary
The crypto winter is just not letting up. It appears that on daily basis, a chunk of destructive information is within the headlines. The newest is Voyager Digital submitting chapter, regardless of a money infusion from Sam Bankman-Fried. In the chapter filings, Voyager’s CEO Stephen Ehrlich said that the corporate’s unhealthy monetary state was attributable to two points; First, excessive inflation and rising rates of interest have brought about crypto costs to crash, with bitcoin down 60% from its all-time-high in 2021. Second, Three Arrows Capital, a crypto hedge fund, defaulted on a $650 million mortgage issued by Voyager in March. Sam Bankman-Friend, Crypto’s model of JP Morgan Is in the course of all of this turmoil, doing all he can to avoid wasting face for the crypto trade by bankrolling many failing establishments. However, all efforts is perhaps futile, in line with veteran investor Kevin O’Leary. In an interview on the Meet Kevin podcast, O’Leary said that there’s an inherit cycle to all markets, and crypto is simply the most recent to undergo the expertise. O’Leary said that within the coming months, extra corporations will fold. Mainly due to leverage and inexperience from the leaders of this agency. O’Leary’s view is considerably in step with that Bankman-Fried, who lately said that lots of the crypto establishments are secretly bancrupt. This could sound all doom & gloom, however in the long term, O’Leary believes this cleaning is sweet for the general well being of the crypto trade.
THIS INTERVIEW WAS POSTED ON JULY 6, 2022
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Confronting Kevin O’Leary | The Crypto Collapse w/ WonderFi.
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27 thoughts on “[IMPORTANT] This Is What’s Coming In The Next 90 Days | Kevin O'Leary”
USDT i will not help voyager. And cryptocurrency and bitcoin will not help voyager.
Wiped out all at once is a good thing? 🖕
“It’s a story as old as time, really. Traditionally every sector has its ups and downs. And sometimes that sector is mysterious digital currency with no intrinsic value.” 🙄
USDC is his chosen CBDC. Tether gets knocked because it's outside their control. Tether broke a dollar? What is one penny on the dollar for your freedom? Money market funds from big stock brokers break a dollar frequently.
Crypto is not an investment, not an asset, not a property and not a value. It is simply a ponzi scheme in a digital format that many people have been fooled and failed to understand. Cash while you can as these sh*t crpto will cascade downward to zero and government will ban them to protect their people from this scam, as china and india have done, the rest of the world will have to follow. What kind of an asset when every other day a kid release a new crypto currency !! People use your brains.
If tether depegs it's game over…another 80% crash
Ugh- I got caught in the cross hairs 😭 I lost 35% of my families life savings. Sitting in USDC “stable” coin. Biggest mistake of my life. At the worst time.
thanks for your updates! i'm staying mostly in tether and waiting for the market to drop a little more to finally start buying
Yes it is a good thing. There will be new lows because of those blown out by leverage. But after the dust settles there will be lift off
This is the soft-peddle for a CBDC! He wants to regulate the on & off ramps to bitcoin.
The US Dollar should not be the global Reserve currency or stable coin or anything else. We once had the Gold standard until America decided to become an Empire. If you use the US dollar for this purpose, you are automatically cutting a lot of people out or shorting them hard due to parity issues.
It's not going to be such a trendy show anymore , Shark tank should feel somewhat responsible for the USA decline in labor and made products . For many years they preached MAXIMUM huge profit using China instead of using our great countries own labor force employing our work force but instead they shoot for glutinous huge profits ( when is it enough Millions) enriching China & it did nothing for the American worker. Shark tank investors LOVE China they need millions of dollars a year ??
How can u go to zero with stop loss?
Nah, Bitcoin is the OG. Stable coins, especially USDC, is just more control. Decentralized systems! It’s the only way forward.
Don’t lock 🔒 🇨🇦 yourself into a Fiat future’
Talk of digital passports tied to your bank account, and world 🌍 events are reminders of the 🔑 importance of Bitcoin Łitecoin and crypto.
Mr wonderful 🥒
There are so many prophets, crypto gurus truthsayers, etc, etc it's like being at a party where so many are talking it's not possible to understand a word, such a joy to leave and walk out into a cool still evening and create your own destiny.
I do not think the USD as a stable coin is a great idea and to wait for the BRICS nations to issue their own currency… USD is dying!
Trust me I’m from the government and I’m here to regulate you yeah right
I know O'Leary was a big fan and investor in hbar. That was about four or five months ago..
USDC has traded slightly below a buck
The only thing coming for O'Leary is the cops to get the little boys he's keeping in his closet
Feds going to make sure the other stable coins collapse then they’ll make a government backed fed coin as the only legally allowed stable coin.
This guy is a Democrat. I guarantee it.
First we will regulate washington, then we will regulate crypto broski watch….
BUY THE F…. DEEEP!!!!
XRP is the only 1 🙂 if you foolow the banks? 🙂