Quote from: r0ach on September 06, 2016, 04:12:50 AM

And then I saw Mat shorting and was like...

Aw shucks r0ach. I really have that affect on you? I am truly touched, I really am!

Tell you what, despite your dickhead internet persona, I can tell that you are one of the good guys, and it is for this reason, that I give you this sage advice:

FUCK BITCOIN! BUY GOLD NOW!

Going forward from here, I suspect that Bitcoin is going to languish in a range for quite some time and thereafter, the culmination of the next pump will see it get up to around $1500. So yeah, 'money' to be made here for sure, although when you compare Bitcoin gains to Shitcoin pump gains, Bitcoin aint worth getting out of bed for and besides from that, putting your wealth into crypto, is playing with fire, in all probability you gonna get burned at some point down the line and when you do, it will render much of your previous gains immaterial.

Bitcoin, like the JIDF fractional reserve banking racket that you are all hoping that Bitcoin displaces, is the very definition of 'vapour'. Bitcoin is nothing. Like the fiat money system, Bitcoin is nothing more than a placeholder token on a claim to real wealth. Right from it's atomic and sub-atomic structure upwards, gold is real wealth. The elites of ancient civilisations knew it, the modern day JIDF cabal know it as do their Chinese adversaries, and deep down, I think you know it as well.

We are entering a very unstable period. Over the coming years, the USD hegemony is set to come apart like the fragile grossly overextended house of cards that it is. I don't know for sure precisely which way she will implode, but I suspect hyperinflation over deflation, as the hyperinflationary route will represent the path of 'least evil', and will allow the US government to continue to service their debts and not default for just that little while longer. Indeed, in all probability, with all the global QE and now even negative interest rates around the world, the dice have already been set for a hyperinflationary crash. But whatever form that the coming monetary crisis takes, when the shit hits the fan, everyone is about to understand the true meaning of 'counter party risk', just as I have done so, first with Kraken, and then a couple of weeks later, with Bitfinex. Totally fucking cleaned out, powerless to do a damn thing about it.

We will never again, see a world in which good and services are exchanged for small pieces of gold and silver, but when the parasitic 'placeholder token' system into which the whole of humanity is currently hooked ceases to function, all that there will be left, is real wealth. i.e. The world of real resources and things and in the inorganic material world, nothing epitomises the law of attraction, and thus 'wealth' more, than gold!