Quote from: r0ach on April 29, 2016, 12:31:51 AM

Quote from: TPTB_need_war on April 28, 2016, 10:45:05 PM

Indeed this is what is predicted for 2017 to 2020ish. But first there will be an initial asset-wide reaction to a global liquidity squeeze when the interest rates change direction. Then the capital flight movement (from the liquidity crisis affected economies) leads to a concentration in USD, US stocks, Bitcoin, and gold and other tangible private assets will upward spiral (positive feedback loop effect) into to a bubble stampede into them. Thus the V bottom slingshot prediction.

Bitcoin is a (perceived) high risk, high reward, emerging market. The people who are investing in Bitcoin don't care about some miniscule change in interest rates because they're chasing the high risk, high reward market anyway.

Some whales are the ostensibly debt slave Chinese mining farms. Economics 101 says price is set by marginal supply and demand intersection.

Quote from: r0ach on April 29, 2016, 01:46:57 AM

Quote from: razen489 on April 29, 2016, 01:13:36 AM

not necessarily so

He changed it to "Some whales". Looks like he remembered people like the Winklevoss exist...

And I changed it from "The whales" before I saw his post. It wasn't remembering, it was simply re-reading and realizing I chose the wrong word.