Well it had to happen... the March 9th, 2020 Crash that is 

IMO, the perfect convergence of Bad Stuff has popped the "Everything Bubble", one  (pop) controllable, one not.

The controllable one? 

The Price of Oil now around $34.00 (depending on whose index you like) has been hammered down by OPEC,  creating biggest two week loss in recent history of Wall Street in NYC over -8% in one day happen(OPEC Countries needed money because of war fueled debts where even the Saudis are running a HUGE Deficit they cannot afford) and more than -20% for most in the past 10 days.

The one NOT controllable?

The COVID-19 Pandemic "CornaVirus". Ok whether you believe COVID-19 came out of the Wuhan Bio-weapons lab or a local meat market is debatable and will be, forever.  The point is, this Canadian strain ,  which was originally sent to China to this Wuhan lab, from Vancouver, somehow escaped and, is  now wreaking havoc worldwide on peoples' health big time WORSE even than the Spanish flu of 1917-1918 which at that time killed 50 million people, so be safe out there, take the necessary precautions.

What is clear is, the COVID-19 virus was the spark which led to other controllable action above the OPEC Hammer of Oil to US $30.00/barrel, all of which was based on one need, that is, 'preserve wealth to maintain control of a local situation' (regime power)  by protecting the revenue flows (oil royalties)  which pay the locals (military, police, government workers) to keep that (oppressive) control in place, which is exactly what  the OPEC consortium of nations did, socialist, totalitarian or otherwise similar.

CoronaVirus Crash of 2020 or the OPEC Crash of 2020? Crypto does not care, crypto changes you, not the other way around...

OK the mass media leads with CoronaVirus Crash as the Headline. (can you hear the baahhing in the background?)

Except for one thing, the OPEC countries are ALL in BIG debt positions, and the one country that is not, Russia, can outlast them all, regardless of how low the price is driven to keep OIL revenue flows heading toward OPEC, because their cost to process oil is US$ 7.00/barrel (Saudi is roughly US $3.00, if you believe their chest thumping) and Russia Has no debt and lots of gold, to backup their international trading requirements which are still smaller than Canada. (Russia has a growing economy, but it's economy measured in GDP  "Gross Domestic Product is still at 150 Million people and smaller than Canada's  GDP, a country which has 34 Million People ranked 7th in the G7 group).

To be clear, the CoronaVirus was the excuse/spark for a deliberated action on the part of OPEC to use Coronavirus to their advantage.

So for me this crypto Hiccup precipitating the Stock market declines worldwide was an act of deliberate opportunism preying on the growing panic about Corona Virus "COVID-19" and therefore named by me as the OPEC Crash of 2020, March 9th , which means a few very rich people won running the PUT game, big time in the public stock markets, as this was engineered, well in advance. For those who want the history of the day, go here  (Interesting to note the Protestant Revolution began on that day with Martin Luther way back in 1522, lots of other famous events happened and birthdays too, so worth a look, for those into the occult) 

OK on to crypto and the opportunity in front of us all generally.  Yes we had a hiccup the past two days.

Likely one of the biggest crypto collective market dips downward in awhile preceding an engineered Doppler ripple effect into Fiat  Market Shenanigansblamed on the coronavirus. (Yeah right...)

But what really happened first? It's "chicken vs. egg stuff". Clearly the crypto market declined first, then the fiat market declined, which means smart investors with early access to info, knew the OPEC hammer down of Oil Prices below US $30.00 was going to happen, so 'someone' gave them the heads up, they liquidated some of their crypto into fiat and used it to "shore up" their coverage (lines of credit, stock PUT or CALL pre-delivery positions, cover their reserve obligations if a bank, etc..) because their fiat stock holdings have lost 20% of their value in the last 10 days.,  where likely the banks  are using 3rd parties to run their crypto investments, as they do need to cover their reserve positions, when their investments falter as regulated by most sovereign state laws. (Plus try to get a short money overnight loan at the Repo window when the other banks doing the loaning see your bank as insolvent, it's not going to go well.Think Lehman Brothers.. circa 2008)

The BIG CRYPTO HICCUP 2020 March 8th, 2020 does not change the fact crypto, generally, and especially BTC, is still the "hardest store of value" on the market (self powered BTC/crypto miners are loving the new price of oil and gas, today if they are "behind the fence" power generators buying "market gas".)

This is a hiccup very typical of previous hiccups, except for one fact now emerging, the FIAT markets and Crypto Markets will never be the same, as the FIAT market dynamics re-arrange into calamity and chaos sparked by COVID-19 and exploded by OPEC's Oil price Hammer down to US $30/barrel.

IMO Crypto will emerge even stronger,  especially IF we all start making big transactions at least partly in crypto, peer to peer, without banks (lawyers, agents, etc..).

And what bigger deal to do Peer to Peer (without banks and lawyers and real estate agents)  than Selling and Buying a House? None bigger for most of us. 

 THE 2020 CRYPTO BIG HICCUP OPPortunity! : A FIAT BELCH with ENORMOUS RAMIFICATIONS For your hard store of value investment strategy

These crypto market 'downturn' hiccups are caused in the Crypto space when such dual holders (typically Whales with good brokers or their own automated trading systems) of Crypto & Fiat and big holders of public stock are required to "tap into" their Crypto gains via liquidity pair conversions to fiat in US $ or Euro via the Crypto exchanges having reserves of such fiat currencies to cover their liquidity pair conversion daily volumes.  Crypto Exchanges need to have deep pockets (reserves of both) to play the liquidity pair exchange game as well,  to cover their  Crypto to Fiat transaction conversion demand positions during such a hiccup. These type of  fiat "short game" stock holders and derivative players ( Bet and deliver high CALL and  Bet and deliver low PUT)  playing  Derivative contract gambling game are the many fiat investors playing the CALL game currently WHICH JUST GOT BURNT BIG TIME in the derivative markets ( NYC Wall Street being the biggest gambling casino on earth hosting this type of gambling).

TK Note- A fiat investor typical day of derivative trading "buy" action, a CALL buy,  requires the investor placing a  CALL 'bet' place to buy/accumulate the amount of stock referenced in the CALL contract, which is required to be delivered by the creator of the CALL (bet) on the day the "bet" or Call is due. This delivery requirement of the actual stock on the day the CALL is due, causes the bet maker of the Call to effectively 'chase' the stock price upward and downward to selectively buy at a point that is still significantly lower , say 5% lower overall (an average of the buy prices), than the delivery price set by the CALL contract, so the bet placer of the CALL can make a thin profit, preferably in a short period of time, with the taker of the bet, the CALL buyer on the otherside of that contract betting the sel of the CALL is wrong.  These "players" in the derivative game are gamblers, it's an addiction, and they do it  like any addict, over and over again (churn" or turnover, equating to velocity of money (increase this velocity by doing a lot of short terms calls for example correctly and you make more money, exactly how these computer algorithms are setup..)

First, a "Faux" BooHoo from moi to those holders of fiat "Unicorn stocks"  ( ya couldn't hear it, could ya! lol ;) )

Now back to the crypto market hiccup, which, by my calculations, took exactly two days in the crypto space to self correct, given the TOP 100 Cryptos are all in the "GREEN" today March 10th, 2020,  rising again after taking the 8-10-12-15% negative hit when the "Everything Bubble Burst" finally yesterday on March 9th, 2020.

The smart investors of any creed, now realize the true "hard store of value" nature of Crypto, which is immune to what will be imo the oncoming onslaught of money printing and even lower interest rates the central banks will roll-out in response to the Crash of March 9th, 2020, at 8% or more on Wall Street. More importantly over the past week generally most markets are down 20%! That is 1/5th sell off in less than 2 weeks.

It's exactly this smart investor money which will power the crypto markets forward in the long terms, especially as more of it gets used for daily biz transactions

Oh-Cana-Duh, here we go again.., where panic is biz as usual, regardless the cause...

Hell the Canadian government, with their Queen of Climate Change as Vice-Prime-Minister "Little Miss Know it all" McKenna, currently babysitting Canada while the PM Trudeau "the just"  is on parade somewhere, while somewhere in the same (its probably Ottawa) Bill Morneau, their super-duh of Finance pronounced today March 10th, 2020 he is already talking about "we have CDN $41 Billion in budget room" , which means expect that much money to be printed, right away and handed to their  Canadian buddies (the banks) which will go no where, except to cover their reserve shortfall positions so they stay solvent, now in a pickle  to the tune of 20% losses due to their shitty stock investments which have collapsed that amount in the last 10 days. Don't worry, them Canadian banksters will recover as they revoke your line of credit and up your monthly mortgage because you can't cough up your own line of credit, bank engineered, credit shortfall, where such higher monthly mortgage payments could also be used to force you to sell your home. Nice. NOT!

In US $ terms think US $ 500 Billion or more, it's coming this next wave of buying power erosion, make no mistake about it , it's a bank bail-in with your tax dollars and yet another tax payer face wash. (think Canadian hockey player in the corner washing his opponents face with a stinky, sweaty hockey glove palm)

Interestingly, the BIG crypto sell off (8-15%) and convert to fiat started on March 8th, 2020 (two days ago), yet the fiat crash (-8% on NYC WS Stock Exchange) was March 9th, 2020. Inside job? oh yeah....

Let's Dance... change the way house deals go down...accept/spend crypto, at least partly

Hodlers in Crypto have an opportunity: Buy low, and start using Crypto for the BIG Buy/Sell at least partly: Home Sales in BTC? At least partly...

For those Hodling, the hiccup 'on the surface' looks like 'biz as usual', except a window of opportunity has shown up, to use crypto for Big Deals..

For those just entering the market of crypto, its likely a great time to buy and convert your fiat to BTC, or ETH to get into the market  and get out from under your fiat, which is clearly about to get slammed with even more money supply and lower interest rates (maybe even negative) which erodes your buying power even further.

Its the hidden inflation no one talks about, manifested in the high price of retail debt which are the high interest rates you pay to hold on to your house, car and, even buy groceries and clothes with your credit card, for those of us with little or no equity.

House transactions, whether you are a buyer or seller, are the biggest deals impacting your biggest store of value, that is,  The equity in your home,  that home you might be  selling and about to acquire, so why not do that with crypto at least partly, checkout Blockfi here to learn more 

My reasoning is,  buy a home,  having a hard store of value as part of the deal mix with fiat, the mix can better facilitate the deal for both parties AND,  get you as the buyer get  a better deal with the banks and meet their rapidly tightening equity requirements with a lower house price after accepting crypto from the buyer as the seller (which will have much more upside and buying power  than fiat) , and by getting a lower price from the seller after that first crypto transaction,  what you pay as the seller in real estate agent and what the buyer pays in lawyer fees is lower, and even change the assessed value of the home downward to lower your taxes with the local  or regional tax authority setting your annual property tax rate.

Side deal of Crypto anyone? The 'grease' need to make house deals happen now and into the future

It makes sense to use BTC or ETH partly to enable a house deal , as no bank these days POST MARCH 9th  2020 CRASH will handle such a transaction at today's a the future's rapidly falling house prices, where  fiat equity is scarce on the buyer side in most cases, and of course lawyers and real estate agents don't like it because they can't see how they get paid easily, unless you fit  the size of your deal into what is tightening credit market . So imo, house deals, making them happen and benefit both the buyer and seller, is where a side crypto deal can make all the difference in getting the deal to also work in the fiat world.

BTC or ETH (ERC20) and Smart Contracts can facilitate a House transaction at least partly for some hodlers having a decent position in both.

So why aren't hodlers of BTC and ETH(ERC20) engaging in Peer 2 Peer House Transactions? do they like hidden inflation(not) and like seeing their buying power eroded (not) by this next wave onslaught of money printing and even lower interest rates, which are the reason their house valuations are so artificially high in the first place (correct)?

Well, things have changed. Over night the banks exposed to derivatives (virtually all of them) have to cover their reserve positions, since the value of their portfolio is 20% less, they have a coverage problem, which means they tighten up lines of credit and ask for more equity coverage, shrink lines of credit, etc. to cover their own asses. Get the picture? Which means the ask price of the Seller in the house market is automatically pressured downward to fit the buyer means which requires more equity be in place to buy the home.OUCH!

Rather than having your crypto sit on the sidelines, do a two step deal,  first  offer some crypto as the Buyer to the sell, they should take it, its better than the fiat they would otherwise receive. This type of transaction is more easily handled by some solutions (another post?) using ERC20 Ethereum value tied to Smart contracts, with no need for lawyer or real estate agent fees being paid. What is left is the actual value of the house which is say 25-35% lower than the original ask, because you received 20% of the final priced deal in ETH. This the bank will agree to at a lower interest rate, because the equity portion the buyer actually has is a higher percentage of the total buy price, which also gets rid of the need, likely for a 2nd mortgage, second signer, etc...

A mixed crypto/fiat deal, done as two steps, is a better deal for both parties.

Bubble Trouble: So Many Bubbles are being popped..., Especially Housing, everywhere.. here is why...

This is short post,  where I am simply  trying to encourage those looking to protect their hard stores of value to  ALSO grow them by shifting a bit more fiat into crypto. 

Suffices it to say Zerohedge has done a much better job of predicting the Everything bubble which you can check out here circa Nov. 30th, 2018. The predictions are still very relevant, although shaping up a bit differently, 15 months later...

The game out there has changed BIG TIME, and it will never be the same. US $ dominance as the Petro-dollar is over. If you invested in Fracking Oil and NG "Natural Gas" stocks, you probably already took a hit. If you have money in Unicorn stocks with no clear path to revenue, you also took a hit. Credit is drying up at the retail overnight as BIG and SMALL Financial Institutions and even Central Banks cover their Derivative Exposure. Public Pension Plan Exposure? Ugh, I will cover that in another post.

source:https://www.fairviewlending.com/will-the-real-estate-bubble-pop/ circa 2016 

The Real Estate Bubble Pop Opp: Sell & take Crypto as Payment, At least Partially. (you will still need some fiat reserves to live month to month)

For those of you trying to sell real estate, my advice is sell it fast, on the way down as prices are falling, take a fair price (likely to be somewhat lower, maybe lower than 2003 prices if you got in at that time or before). As Credit dries up due to banks, all heavily invested in the derivative game on public markets cover their own positions, to hell with mortgage renewals, as they will auto-tighten their lending requirements and demand a higher equity position. Remember , even if the  house price markets drop 50%, the prices  homes will still be in a "BULL" market, using long ramp valuations,  AND  you can recover your "losses" more quickly with crypto investments placed wisely now, by converting the liquidity of your home sale partly into crypto, and also look for other house sellers also accepting crypto, a trend I believe which will start to kick in now. 

You, as a wise crypto investor can Survive and Thrive POST EVERYTHING BUBBLE POP, and can, as an individual , "break rank" from the madding crowd of fiat, at least partly by shifting your ONE big Buy/Sell transaction, at least partly to crypto, Bitcoin being the logical choice for most.

Think about it, if just 5% of the  worldwide market of real estate shifts 25% of their ask to crypto, it creates the BIG escape valve we all need from this crazy world of fiat debt burdened madness, which has now run its course AND, shows the rest of the world the way out.

Be safe, Be wise and start thinking about doing those big deals, like a house buy or sell in crypto, to change the world for the better. ;)

TK over and out.

*****