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Abstract

ure><h2 id="84cc">Truth</h2><p id="1e96">All the companies within China which were supposed to deliver 40% of the houses to the people have defaulted at this time. It is clear from this that the real estate market in China has collapsed by 40%. Marking this point, it is being called China’s Lehman by comparing it with the Leahman brother. There is a possibility of China’s real estate Leahman crisis.</p><p id="3828">China’s export market has fallen by 15% as a result of export pressures in other countries. Domestic demand has risen far less than expected. In this sense, China’s economy is experiencing deflation. Demand from consumers is not growing.</p><p id="9e08">To keep the economy running, China may have to resort to money printing. If the demand for money print does not come in the market, then a big danger bell is about to ring.</p><p id="2083"><i>We talked a lot about the condition of the China and Evergrande company. Now l<b>et’s talk about Bitcoin…</b></i></p><figure id="06ac"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/0*dqDga-mIeR7qJgA2"><figcaption>Photo by <a href="https://unsplash.com/@harrisonkugler?utm_source=medium&utm_medium=referral">Harrison Kugler</a> on <a href="https://unsplash.com?utm_source=medium&utm_medium=referral">Unsplash</a></figcaption></figure><p id="c9be">Evergrande, Michael Burry, all-time low volume, Tesla sold bitcoins, and other such news caused a flash fall in Bitcoin.</p><h2 id="4074">Purposes</h2><p id="882b">Was Bitcoin created for trading purposes? No friends. Looking at the fundamentals, before the birth of Bitcoin, when there was a recession in any country, then there was no hedge, which means people had no way to escape. If we look at Bitcoin as a revolution, then only we will be able to understand something.</p><p id="456d"><b>Satoshi Nakamoto created Bitcoin to get out of the trap of the financial system.</b> For this reason, it is important to understand that Bitcoin should not simply be seen from the perspectives of trading and investing. You may be able to deal with the coming recession if you understand this simple thing.</p><p id="bfa3">Satoshi Nakamoto introduced the Halving concept in which he decided to decrease the supply of bitcoin after every 4 years to make it deflationary. Everyone knows that at the time of halving, the mining block rewards are halved, due to which the supply comes less in the market.</p><p id="6766">Let me explain to you how well it has been created…</p><figure id="9ecf"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/0*aNTyDKZie4zUi7Qr"><figcaption>Photo by <a href="https://unsplash.com/@mroz?utm_source=medium&utm_medium=referral">Filip Mroz</a> on <a href="https://unsplash.com?utm_source=medium&utm_medium=referral">Unsplash</a></figcaption></figure><h2 id="785d">‘S’ Curve</h2><p id="3e2e">Any technology, asset, or life advances inside the ‘S’ curve, in which it rises from the bottom in the beginning, then reaches its highest level of maturity, and then declines somewhat. This does not happen only once, but three or four times.</p><p id="7886">We’ve seen many well-known people have such changes in their lives that they become extremely popular. However, after reaching a peak, the same celebrity fame slows down, stops, or falls a bit lower from there.</p><p id="8b3d">The ‘S’ curve is observed every time. Bitcoin is likewise following the ‘S’ curve, which means that when it rises over the low level, people’s interest declines and falls from there. After falling for four years, there is a shock to move up from the halving event and begins to rise.</p><figure id="f908"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/0*-HfscgW0hJdVjNPr"><figcaption>Photo by <a href="https://unsplash.com/@christianlue?utm_source=medium&utm_medium=referral">Christian Lue</a> on <a href="https://unsplash.com?utm_source=medium&utm_medium=referral">Unsplash</a></figcaption></figure><h2 id="54a2">Impact of News</h2><p id="36dc">Why, after being so algorithmic, is the influence of news visible? I am sure that this question must also come into everyone’s mind.</p><p id="7b4d">The impact of news can be seen in Bitcoin, there is no doubt about it. Bitcoin’s correlation is connected to the traditional market, but when the halving occurs, it destroys its connection with the micro economy, leaving everyone behind and reaching a new destination.</p><p id="3912" type="7">There is no such asset in the world whose supply is halved after 4 years. Gold, Silver, Fiat, Stock, Property, Luxury, there is nothing that can replace Bitcoin.</p><p id="2e08">Understand that it is built inside the code of Bitcoin. As much bad news may come in the market but ‘S’ curve will be formed and BTC will become a crazy bull during or after halving.</p><h2 id="b015">Miracle</h2><p id="f3d0">Many events will take pl

Options

ace during the halving period, such as elections, the removal of Gary Gensler in February, and the clarification of ETF approval. It will be quite fascinating to watch what happens next.</p><h2 id="40a1">News</h2><p id="5681">I’m not sure in which garden the reporters print the news. These reporters only report on the collapse of Bitcoin after it occurred. News is often printed without proof because people want to know why it was dropped. While the market was dropping, hardly one looked at technical analysis, instead focusing on fundamentals.</p><p id="a5a1">News manipulation and misinterpretation is the biggest cause of panic in the market.</p><h2 id="b8d0">Real Example</h2><p id="7b05">Recently there was news of PayPal that they have banned buy-sell in crypto in the UK, but the news published printed the news stating that they have banned it permanently. In reality, this service will start in January but those news publishers published the news in such a way as if PayPal has banned it permanently.</p><p id="e0f9">Please Follow Me to read more interesting articles like this one. I always need motivation to write a good article and you can help me to get motivated with good comments and big claps.</p><p id="56d3" type="7">Clap — Share — Comment — Happily ☺</p><h2 id="985c">Thank You for Reading…</h2><h2 id="40b0">Disclaimer</h2><p id="5bf0">I am not a Financial advisor. I am not affiliated with any of the websites or coins and also this is not financial and Investment advice. This article is meant only for educational purposes. I am just sharing my thoughts and analysis based on my many years of experience.</p><h2 id="5a4c">↑ ↓ Brain Boosting …</h2><div id="8b2d" class="link-block"> <a href="https://readmedium.com/openais-on-the-brink-of-extinction-prepare-to-see-something-new-356aed02f0c7"> <div> <div> <h2>OpenAI on the Brink of Extinction: Prepare to See Something New!</h2> <div><h3>This Tool Has The Potential To Overpower All The AI Chatbots</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/1*_j6L4YiYFrk2-zWcJEuCyw.png)"></div> </div> </div> </a> </div><div id="f173" class="link-block"> <a href="https://readmedium.com/the-big-short-mans-alarming-prediction-of-a-major-market-crash-56d2210e6a92"> <div> <div> <h2>The Big Short Man’s Alarming Prediction of a Major Market Crash</h2> <div><h3>Incredible Double Standard | broken clock | Noise and Fakes</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/1*aW3RNkwIiHPPBVhpESQgqg.png)"></div> </div> </div> </a> </div><div id="18d3" class="link-block"> <a href="https://readmedium.com/why-all-ai-industries-are-dependent-on-nvidia-68320914bb4b"> <div> <div> <h2>AI Existence Depends On NVIDIA</h2> <div><h3>The Backbone of Every Tech | Beyond GPU | AI Universe</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/1*Td2eVqwbCBvUiH6KfnvqKw.png)"></div> </div> </div> </a> </div><div id="3c4e" class="link-block"> <a href="https://readmedium.com/traders-who-rule-the-world-with-money-and-mind-d91ddb4e92f0"> <div> <div> <h2>Traders Who Rule the World with Money and Mind</h2> <div><h3>Big Profit Don't Need a Skill, Need This!</h3></div> <div><p>medium.com</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/1*jZ20Kak7bs2ONd2FJX3jnQ.png)"></div> </div> </div> </a> </div><div id="eef3" class="link-block"> <a href="https://wire.insiderfinance.io/top-10-ai-coins-based-on-telegram-and-discord-bots-6e724d2288c2"> <div> <div> <h2>10 AI Coins Based On Telegram and Discord Bots</h2> <div><h3>New Upcoming Trends in the Crypto Market</h3></div> <div><p>wire.insiderfinance.io</p></div> </div> <div> <div style="background-image: url(https://miro.readmedium.com/v2/resize:fit:320/1*3lTsTbOrsSredYYbuupAuA.png)"></div> </div> </div> </a> </div></article></body>

Lehman Revisited: How China’s Evergrande Crisis Sent Shockwaves Worldwide

Goosebumps | Investor | BTC | News Turmoil | Just Think

Hints started coming from Evergrande in 2021 that if this company goes bankrupt then a big financial crash and recession can be seen but after some time things cooled down. Now Evergrande has filed for bankruptcy.

In 2021 (Fitch Ratings), Fitch downgraded the rating of Evergrande Company. Fitch stated that the smell of bankruptcy coming from this company was the reason for lowering the rating. During this period, trading in Evergrande shares was banned in China.

After the trading of Evergrande’s stock was suspended, the company asked for help from the Chinese government. They tried to conceal the news by hiding it in the expectation that the Chinese government would save them.

After that, they began reforming the debt for a short time during which they would determine how many creditors need to be paid. Despite this, Evergrande was unable to fix its financial situation, and the company’s situation has deteriorated dramatically.

Goosebump

You will get goosebumps knowing what will be the effect of the bankruptcy of this Chinese company.

Evergrande is not a small company, it is the second largest real estate company in China. If the firm is that big, you can probably anticipate how much debt will be on their head. My friends, grab the chair because after hearing that How much debt they have I am sure you will get shocked. This company is in debt of $300 Billion dollars, and yes, in dollars not in yuan.

Being the second largest real estate company in China, their image was good in the market, due to which they got a lot of projects. They have 1300 different projects spread across 280 cities in China.

Investors

Because the company was so big, everyone’s trust on this company was very high. Bonds were also issued considering the company’s value and image. BlackRock, the largest investment firm in the United States, has also invested in this company, as have many other firms such as Goldman Sachs, HSBC, and others.

Their supply chain was not small, don’t think that they used raw materials only from China. Their supply chain was connected to several countries from which they used to import.

Tether

You may remember that in 2021, there was a rumor about USDT, which was being stopped from spreading in the news. In 2021, Tether Company denied that we have no connection with Evergrande. If the rumor which was stopped during that time that Tether provided commercial loans in the form of commercial paper to Evergrande turns true then this will prove that a connection with Evergrande, a chain reaction similar to the domino effect experienced with the collapse of FTX might occur.

I’m sure you’ve already seen the statement that Tether issued; I read it some time ago. Tether said that they had some such papers but had no idea if they belonged to Evergrande or another company. Now Tether had decided to sell those papers due to the risk.

Tether companies never reveal anything, their transparency has been questioned many times, which is why they are infamous. The number of questions that are asked to Tether from the point of transparency is not asked to Cricle USDC firm.

Truth

All the companies within China which were supposed to deliver 40% of the houses to the people have defaulted at this time. It is clear from this that the real estate market in China has collapsed by 40%. Marking this point, it is being called China’s Lehman by comparing it with the Leahman brother. There is a possibility of China’s real estate Leahman crisis.

China’s export market has fallen by 15% as a result of export pressures in other countries. Domestic demand has risen far less than expected. In this sense, China’s economy is experiencing deflation. Demand from consumers is not growing.

To keep the economy running, China may have to resort to money printing. If the demand for money print does not come in the market, then a big danger bell is about to ring.

We talked a lot about the condition of the China and Evergrande company. Now let’s talk about Bitcoin…

Evergrande, Michael Burry, all-time low volume, Tesla sold bitcoins, and other such news caused a flash fall in Bitcoin.

Purposes

Was Bitcoin created for trading purposes? No friends. Looking at the fundamentals, before the birth of Bitcoin, when there was a recession in any country, then there was no hedge, which means people had no way to escape. If we look at Bitcoin as a revolution, then only we will be able to understand something.

Satoshi Nakamoto created Bitcoin to get out of the trap of the financial system. For this reason, it is important to understand that Bitcoin should not simply be seen from the perspectives of trading and investing. You may be able to deal with the coming recession if you understand this simple thing.

Satoshi Nakamoto introduced the Halving concept in which he decided to decrease the supply of bitcoin after every 4 years to make it deflationary. Everyone knows that at the time of halving, the mining block rewards are halved, due to which the supply comes less in the market.

Let me explain to you how well it has been created…

‘S’ Curve

Any technology, asset, or life advances inside the ‘S’ curve, in which it rises from the bottom in the beginning, then reaches its highest level of maturity, and then declines somewhat. This does not happen only once, but three or four times.

We’ve seen many well-known people have such changes in their lives that they become extremely popular. However, after reaching a peak, the same celebrity fame slows down, stops, or falls a bit lower from there.

The ‘S’ curve is observed every time. Bitcoin is likewise following the ‘S’ curve, which means that when it rises over the low level, people’s interest declines and falls from there. After falling for four years, there is a shock to move up from the halving event and begins to rise.

Impact of News

Why, after being so algorithmic, is the influence of news visible? I am sure that this question must also come into everyone’s mind.

The impact of news can be seen in Bitcoin, there is no doubt about it. Bitcoin’s correlation is connected to the traditional market, but when the halving occurs, it destroys its connection with the micro economy, leaving everyone behind and reaching a new destination.

There is no such asset in the world whose supply is halved after 4 years. Gold, Silver, Fiat, Stock, Property, Luxury, there is nothing that can replace Bitcoin.

Understand that it is built inside the code of Bitcoin. As much bad news may come in the market but ‘S’ curve will be formed and BTC will become a crazy bull during or after halving.

Miracle

Many events will take place during the halving period, such as elections, the removal of Gary Gensler in February, and the clarification of ETF approval. It will be quite fascinating to watch what happens next.

News

I’m not sure in which garden the reporters print the news. These reporters only report on the collapse of Bitcoin after it occurred. News is often printed without proof because people want to know why it was dropped. While the market was dropping, hardly one looked at technical analysis, instead focusing on fundamentals.

News manipulation and misinterpretation is the biggest cause of panic in the market.

Real Example

Recently there was news of PayPal that they have banned buy-sell in crypto in the UK, but the news published printed the news stating that they have banned it permanently. In reality, this service will start in January but those news publishers published the news in such a way as if PayPal has banned it permanently.

Please Follow Me to read more interesting articles like this one. I always need motivation to write a good article and you can help me to get motivated with good comments and big claps.

Clap — Share — Comment — Happily ☺

Thank You for Reading…

Disclaimer

I am not a Financial advisor. I am not affiliated with any of the websites or coins and also this is not financial and Investment advice. This article is meant only for educational purposes. I am just sharing my thoughts and analysis based on my many years of experience.