Splinterlands Daily Update | Market Watch: BTC continues decline to $27k, HIVE dropped below $0.41 (April 21, 2023)

Splinterlands

5 diamond chests
No cards (this is a sad day)

Daily Focus Chests: +5 Diamond | 45 Diamond Total

Wild Diamond League: losing streaks again with late night turn around
Back up slightly to 3200 rating
With the recovery, I played extra few games today :)

Crypto Market Today - another down day

BTC continues to fall, almost touched $27k
HIVE drops today as well, now below 41 cents

As usual, I continue to stay on the sideline 😁 Accumulating fiat. The current price is still too lofty with everything that's going on

Are cash "crap"? Not really. I can still use it to buy anything I want, including crypto. With deteriorating economies, geopolitical escalations, lay offs, and high interest rates, cash is becoming more and more scarce

Do you think people will buy Bitcoin, when more and more disposable incomes are eaten away by high interest rates and ongoing inflation?

The order of priorities has always been, survival (food and shelter), other necessities, feeling good purchases, aspirational spending, and crypto investments or speculations are way way way way way way way over on the other end

Governments can "print money", but are they? Rising interest rate is taking away liquidity