Quote from: TPTB_need_war on April 21, 2016, 09:01:11 PM

Quote from: freshman777 on April 21, 2016, 08:48:02 PM

in the end historically it always ends in hyper inflation and gold going through the roof.

Incorrect. It rarely ends that way. Only for entirely broken regimes. Sorry Armstrong has all the data. He invested $1 billion collecting it.

Quote from: freshman777 on April 21, 2016, 08:48:02 PM

Quote from: TPTB_need_war on April 21, 2016, 08:15:18 PM

Edit: you are entirely wrong on hyperinflation. The history is that only revolutionary and totally broken regimes hyperinflate. The world is composed of very strong regimes and they will not lay down their power by hyperinflating. Armstrong covers this in great detail in his blogs. Required reading material for you.

Your saying collapsing governments and exploding fiscal budgets are not exactly a recipe for continually strong regimes. What makes you think some modern regimes you refer to today as strong are stronger than those hyper inflating in the past?

Read Armstrong and then you will know. You have a lot of reading ahead of you.

Edit: let me give you a quick, incomplete hint. Read Armstrong for the many details and points. The failed regimes were due to dictatorship and/or a bankrupt ideology (e.g. communism in the Weimar Republic). When the population remains very productive and the debt is actually quite small (e.g. the debt is only $19 trillion in the USA but the productive capacity of the people is that much or more per year), then the society is not failed. We are going to see transition to a world reserve currency. This is not about total failure of government, except Europe is trying hard to achieve that again. China, Russia, USA, Canada, Australia, etc are no where near failed societies.

Quote from: TPTB_need_war on April 21, 2016, 09:02:07 PM

Quote from: Nxtblg on April 21, 2016, 09:00:50 PM

Quote from: r0ach on April 21, 2016, 02:48:34 AM

The halving is not some insignificant event.

If you don't mind me butting in, Bitcoin is on a real roll as I write this. $453 on Polo's USDT market; Coindesk's index has pegged it at ~$450. So far, good call.

Exactly what happened the last time 3 months before the halving then crashed -40%. You can be sure I will be selling my remaining 4 BTC into this rise.