Post
Topic
Board Speculation
Re: Big picture..
by
inca
on 05/06/2015, 14:46:34 UTC
I'm slowly getting worried that even though BTC will perform very well this year it will not be because bitcoin is so awesome and its opponents suddenly start to see the light but instead because some large scale shit will happen that brings down the conventional markets. When bad things start to happen they will happen all at once. Yes your bitcoins will be worth millions of dollars but at what cost? at what cost?

The world's major powers (USA, EU, Japan) have never been more united in keeping this carnival going. I'm not worried about a 2015 collapse.

If USA enters another war they will collapse.

And things are bad in middle east and in other parts of the world.

And the debt is over 18 trillion dollar, so I can't say that US is doing everything to keep the carnival doing forever

The US, UK and Japanese debts are an illusion to a certain extent, because a significant % of the debt are owned by the respective central banks.

Thus 30-40% of the debt is circular and is just money printing.

That is just what we know about. Don't forget foreign central banks buy other countries debt as well.

Think about it Smiley