Coronavirus Breakout | And The Beginning Steps Of A Recession

1. I know where I was when it happened, in bed asleep with an auto buy set at 6700. FFRRKKKK

2. As far as stocks, we have just started the sell-off. Throughout out the world, we are in a lock down. Everyone is staying home. The first earnings effect of this has not even started to come in yet. When earnings come in 30-50% lower, in case of hotels, gaming, airlines, cruise lines, we are going to see between 50-80% declines. This will cause their stock prices to get crushed which will lead to dividend cuts across the board. Also they will try to sell corporate bonds to raise money to cover their outstanding loans and loss of revenue, but no buyers for the bonds will lead to many bankruptcies. This will further crash their stocks and one after another, the domino effect will continue to bring stocks down from 40-60% before this is over. Employee layoffs will start which will lead to less consumer demand which will further increase the lack of demand which will add even further downside of stock prices.
   It's going to take a long time after this for consumers to recover from this sort of shellshock and start to get their confidence back enough to start investing, and stocks will stagnate for 1-2 years at least before starting a slow L-shaped recovery.
   If BTC starts to increase, it may actually create a greater FOMO in the past as people look to it as a chance to get back some of their losses in stocks, and we may see a bigger surge than even in 2015-2017, and this resurgence may actually drive people back into stocks earlier than later.

3. Which exchange do you recommend using for NRG in the USA that is legal and effective (has sufficient liquidity, uptime, etc.)?+

4. Are stocks a safe haven? No, they are crashing, some by 80%
   
   Is gold a safe haven? No, it is crashing also.
   
   Are airlines companies a safe haven? No, their stocks are down by 40-80%
   
   Are cruise ships safe haven? No, their stocks are down by 40-80%
   
   Are 10Year treasury bonds a safe haven? No, they went down to a yield of0.31%
   
   Is oil a safe haven? No, oil has crashed by 30% due to Russia and Saudi Arabia.
   
   Are U.S. treasuries a safe haven? No, they just okayed the printing of $1.5 Trillion dollars to devalue dollars in order to help the corporate bond market gain liquidity.
   
   Basically everything is crashing as people who have purchased stocks on borrowed money (credit cards) and on margin, have to liquidate anything and everything, especially those assets that were in the black to cover their losses.
   
   At this time, everyone is simply going to cash until the dust settles and they can understand what is going on, and when this Coronavirus situation will get a cure. So BTC will take a hit for the time being but these are great buying opportunities to accumulate at lower prices and I am doing so in a big way (BTC at $4,500), though stocks still have another 20-30% to go down. In that environment, BTC may go down to previous low of $3200 level, so save some cash available for that scenario to accumulate even more. I am selling my gold assets for BTC because I expect the upside in BTC to be faster and more than gold in the next two years. I already sold all stock into cash in December 2019.

5. Sitting in front of your logo isn't the best branding strategy.

6. good videio

7. jobs rate are a lagging indicator

8. How do you get fear/greed on you're chart?

9. Excellent segment on the future of the crypto currency for mass adoption. As noted, the transition was not a coin swap but a trustless decentralized migration, which went much more smoothly and allowed for many ways to have accomplished your transition even in the future. Energi is blazing a new path in how things are done in the crypto space. This has been all made possible by Energi’s Treasury model. The ability to much more easily set up masternodes and the lower masternode collateral really will bring Defi and democratized opportunities to places in the world that are suffering from lack of opportunities as is more than evidenced during this coronavirus pandemic. Energi truly is doing what’s right and being the change we want to see.

10. The 50%drop makes a lot of sense to you but a recession with this type of data and the things happening globally still makes you skeptical?

    If the feds stop pumping it should go down lower than the 2009 drop.

11. You have recommended taxbit, how safe is this company. They want your secret keys. How safe is that?

12. In Sweden they said they will stop testing people unless they get hospitalized lmao

13. I agree that traditional markets are still going to tank. The bubble has been popped and the Corona virus is going to heighten the fall. Bitcoin, I'm afraid is going down with it, so I don't agree with you there. I sold all my crypto holdings the day before the big dump (I didn't think it would dump that hard-no one did). I bought the dip and so far have sold the bounce. In cash 100% as this plays out.

14. amazing video and is also a great oportunity to see how energi cryptocurrency is grown more and more this is the future and i really love it to know about energi team and also to know about gen3 this is way way amazing

15. red circle bad!

16. I think the title will demonized you

17. eik aor chutia

18. Energi great coin

19. one thing i'm seeing with crypto traders is that people have stopped fearing. since almost 2.5 yrs market has been crashing and rising. everyone knows we just to need HODL a little more

20. 100% we are in a recession. You can’t shut down most buisiness and not be in positive growth year over year

21. Bye bye btc dive to $2200

22. Problem is with WHO … they came out with Pandemic declaration full 47 days late. Folks at PeakProsperity were calling it out since the day news started coming out of China. But WHO didn't want to upset China, hence they were more busy in "naming" of the Virus rather than recommending stern measures.

23. isn't bitcoin come to these circumstances? I'm disappointe!!

24. So if you're saying you expect the stock market to fall 50% in the near future. Does that mean you no longer believe in the halving? After how Bitcoin reacted to the stock market this week.

25. When there’s extreme fear buy toilet paper!!! ?

26. Those covid19 numbers are so misleading it's almost useless. I have all the symptoms and cannot get tested in the United States. If there are no tests there is no way to know how many people actually have it. The data we have now is worse than useless in many respects.

27. credit freeze first, then helicopter money

28. nice

29. Israel says they should have a vaccine ready for clinical trials within weeks. Yay, our saviors.

30. Since you seem to still be in the DENIAL stage, let me explain to you how this will go over the next couple of months… When the hospitals are overwhelmed, you won't be able to get an ambulance or a hospital bed. So things that are usually survivable (car accidents, heart attacks, etc.) suddenly are not. That means everybody is at risk.

    You of all people should understand how exponential growth works.

31. World War 3 … bitcoin learning to swim in the deep end ?

32. I really enjoyed listening to your level headed approach to the stock market crash. It resonates with a lot of my thoughts. There's a lot of YouTubers out there bragging about their predictions and relishing in the thought of making lots of money. Kudos to you

33. Geez…even people in these comments are freaking out…relax people, the end of the world isn't here.

34. using nasdaq as the index is not really what the majority of investors utilize as it tends to be tech heavy, s an p is normally the benchmark

35. We need to start making our own medicines and stop depending on China.

36. Nicholas, if people are taking all their money to the derivatives exchanges, why don't you Youtube guys use your voices to urge people to actually BUY bitcoin, instead of trading on leverage platforms? Seems that everywhere I look there's another Youtube influencer shilling Bybit, Bitmex, or some other machine designed to suck money out of the crypto space. Why don't you break the mold?

37. Already in the recession by the looks of it

38. Thank God we have Nicholas Data Dash to speak reason to us.

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