Post
Topic
Board Altcoin Discussion
Re: The bottom will drop out of the alt market soon
by
r0ach
on 02/06/2016, 20:30:40 UTC
You keep insisting the market is going to have some type of orderly collapse without a black swan event that's going to allow Anonymint to sit around in his underwear and buy everything at carpet bagger prices because he held cash.  This is not going to happen.  The only way the world economy doesn't implode in a black swan event is if every nation does a coordinated devaluation of fiat toiletry.

You will either have a black swan event and gold + Bitcoin both became much more valuable, or coordinated fiat devaluation that sends them higher.  Either way, things that exist outside of the debt based fiat system will win.  You're going to sit around waiting to "buy the dip" while holding cash, then they make an announcement to devalue all cash to nothingness, or a black swan happens before they can even make the announcement.

I'm making the long term play.  I win no matter what.  You're making the short term play for something that probably won't even be a viable move.