Could Pelosi’s Taiwan Visit Tommorow Tank Crypto Prices?

So as y’all know, despite numerous disagreements and warnings, Pelosi’s tour around Asia is heading towards Taiwan tommorow. This move was met with extreme hostility from China with statements along the lines of “our military will not sit idly by”

Honestly, with how the last few years have been churning out, I’m expecting altercations and escalations – especially considering how the US/China power dynamics have shifted in the last 25 years.

And how does this relate to our crypto-sphere? I’m expecting if things escalate we might see prices tank just like what happened when Russia began their invasion operations back in February. What do y’all think? Personally I’m pulling some capital out of the market because even the volatility of such situations are bad for my bags.

View Source

40 thoughts on “Could Pelosi’s Taiwan Visit Tommorow Tank Crypto Prices?”

  1. For the time being it looks like if stocks dont like it crypto wont like it either, and stocks hate tension with China

    Reply
  2. Everything can be used as an excuse by whales to tank crypto prices, so let’s wait and see. But if you think it’s gonna tank, it’s probably gonna shoot up.

    Reply
  3. The international scene seems so unstable lately. Still remember the rule: do the opposite of the general feeling of this sub

    Reply
  4. China has enough domestic issues at home to keep them busy.
    They’re in the midst of a real estate and banking crisis.

    If we’re going to poke the poo bear, now is the time.

    Reply
  5. yes, china vs taiwan vs usa is getting real now, can get into a war, also covid lockdowns will comeback in october for sure which stirs it more. millions of people will be layed off by company’s hit by recession, its going to get big

    Reply
  6. Once again the centralised world is presumed to affect a decentralised system. Build a wall made out of top quality blockchains!

    Reply
  7. Well it could sink the whole world, but it won’t… I think those are just power gestures from China, but who knows.

    Reply
  8. Day traders almost always lose. Investors almost always win. Good luck “pulling some capital” out of the greatest innovation in finance to invest in a fiat that currently has an investment return of somewhere around -8% ~ -12% per annum.

    Reply
  9. It could tank breathable oxygen in the atmosphere. It could be a big fat fart and China plays with their ships in the sea angrily. It could result in more tensions and an increase in hostility around the trade wars resulting in poorer performance of both economies.

    Reply
  10. I would like two simple questions answered.

    1- Why is she doing this your thing? (After all, she is the Speaker of the House and not a diplomat; I don’t understand her doing this)

    2- China says that there will be “Unbearable consequences”. What does that even mean? How could they make this unbearable?

    Reply
  11. China’s already imploding, they can’t do shit and if they learnt anything from the Ukraine war, they won’t do anything.

    Reply
  12. It can start new war for sure, therefor it is possible that crypro will tank down.
    But noone knows shit, so… every option is possible, lol.

    Reply

Leave a Comment