this bitcoin prediction came true, 2 months in a row! | |
Glaxnor
User ID: 80016966 Canada 10/01/2021 07:53 AM Report Abusive Post Report Copyright Violation | Somehow being able to mine less bitcoin, reducing the supply, is going to make the price go down? yes, because you couldnt transact with it or trade it. Lol, I think the other person doesn't understand mining. They probably think its like copper. Empty Men offer Empty Words and Empty Hearts. |
Guythu
User ID: 46768793 United States 10/01/2021 08:03 AM Report Abusive Post Report Copyright Violation | let me ask you, if a loaf bread did cost $10, and btc hits 100k, wouldn't you have wanted to be in BTC for that run up? in other words, if you had held 44k in cash (btc current price) while btc ran up to 100k, how much would your cash be worth. so, i agree, inflation is some of what is causing btc's rise, and if so, i wouldn't want to be holding any cash. I think we’re on the same page. All I’m saying is that if BTC goes up 3x and the price of products goes up 3x then we are not making true gains but rather staying even with inflation. But that is because in my example BTC is priced in USD. At least BTC (or bread) could be exchanged for another currency. Whereas the USD may not. Assuming the lights stay on. |
J3
(OP) J to the 3rd User ID: 80931075 Switzerland 10/01/2021 09:34 AM Report Abusive Post Report Copyright Violation | let me ask you, if a loaf bread did cost $10, and btc hits 100k, wouldn't you have wanted to be in BTC for that run up? in other words, if you had held 44k in cash (btc current price) while btc ran up to 100k, how much would your cash be worth. so, i agree, inflation is some of what is causing btc's rise, and if so, i wouldn't want to be holding any cash. I think we’re on the same page. All I’m saying is that if BTC goes up 3x and the price of products goes up 3x then we are not making true gains but rather staying even with inflation. But that is because in my example BTC is priced in USD. At least BTC (or bread) could be exchanged for another currency. Whereas the USD may not. Assuming the lights stay on. . . No clotshot, NEVER! . Mad as hell! . |
Blatant Coward
User ID: 80942884 United Kingdom 10/01/2021 10:21 AM Report Abusive Post Report Copyright Violation | Fill your boots but it won't do you any good for what is coming. One way or another the central banks will implement their own CBDC after they have engineered their economic implosion. Their currency monopoly will be the only game in town as it is now, most of you have to exchange BTC for fiat to do anything useful with it. At best you will be able to exchange BTC / other coins for their CBDC but at the same shitty ratio as fiat - anywhere from 1-10 to 1-100. This will wipe out the 'wealth' of most people returning us to their favoured feudal system. Everyone will be forced to use the CBDC linked to social credit score. You can have 1 mill in CDBC but if you don't obey, show your papers or have the wrong opinion you will be shut out. Remember, you will own nothing and be happy! Last Edited by Blatant Coward on 10/01/2021 11:14 AM |
jrb366
User ID: 80446366 United States 10/01/2021 10:27 AM Report Abusive Post Report Copyright Violation | just check out this tweet from 20 june 2021. Quoting: JJ Johns btc aug > 47k sept >43... and two months in a row, correct. amazing considering it didn't seem like btc was going to make it this morning. and then the 2k pump happened. even more interesting is how this will play out, if the prediction continues. [link to twitter.com (secure)] know of any 100x candidates? thanks |
jrb366
User ID: 80446366 United States 10/01/2021 10:30 AM Report Abusive Post Report Copyright Violation | Then run up from inception to 10K was wave 1, run up from 4K to 65K was wave 3, there will be a 5th wave run up from 30K to a new top around 90-100K. Quoting: Blatant Coward Fill your boots but it won't do you any good for what is coming. One way or another the central banks will implement their own CBDC after they have engineered their economic implosion. Their currency monopoly will be the only game in town as it is now, most of you have to exchange BTC for fiat to do anything useful with it. At best you will be able to exchange BTC / other coins for their CBDC but at the same shitty ratio as fiat - anywhere from 1-10 to 1-100. This will wipe out the 'wealth' of most people returning us to their favoured feudal system. Everyone will be forced to use the CBDC linked to social credit score. You can have 1 mill in CDBC but if you don't obey, show your papers or have the wrong opinion you will be shut out. Remember, you will own nothing and be happy! sites like Apmex allow you to buy precious metals with crypto. If it is going to be crap, why are they taking my BTC in exchange for gold? |
Blatant Coward
User ID: 80942884 United Kingdom 10/01/2021 11:13 AM Report Abusive Post Report Copyright Violation | Then run up from inception to 10K was wave 1, run up from 4K to 65K was wave 3, there will be a 5th wave run up from 30K to a new top around 90-100K. Quoting: Blatant Coward Fill your boots but it won't do you any good for what is coming. One way or another the central banks will implement their own CBDC after they have engineered their economic implosion. Their currency monopoly will be the only game in town as it is now, most of you have to exchange BTC for fiat to do anything useful with it. At best you will be able to exchange BTC / other coins for their CBDC but at the same shitty ratio as fiat - anywhere from 1-10 to 1-100. This will wipe out the 'wealth' of most people returning us to their favoured feudal system. Everyone will be forced to use the CBDC linked to social credit score. You can have 1 mill in CDBC but if you don't obey, show your papers or have the wrong opinion you will be shut out. Remember, you will own nothing and be happy! sites like Apmex allow you to buy precious metals with crypto. If it is going to be crap, why are they taking my BTC in exchange for gold? The number of people that are smart and don't get too greedy waiting for their BTC holding to go higher and higher and who will exchange their fiat / BTC for real assets before a reset is miniscule. Also make sure you physically hold the gold in your home or some other physical location where you're sure it will be safe and only you can access it. Keeping it at the exchange or in a deposit box at the bank is the equivalent of keeping cash at the bank in a SHTF scenario. There is no guarantee either as to what will be fungible with a future CBDC. Gold is good but property is better, at least you can live in that or rent it out. There are no easy answers when trying to hedge yourself against a system that is designed to screw you. |
Reddawn68
User ID: 75486545 Sweden 10/01/2021 01:56 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80073096 United States 10/21/2021 08:04 AM Report Abusive Post Report Copyright Violation | |