Post
Topic
Board Speculation
Re: Choo choo to the moon!
by
revans
on 28/10/2013, 00:54:53 UTC
bubble will pop sub 150 - the bitcoin value has risen to high too fast, a crash is inevitable, i know i won't  be the bag holder, i'm looking forward to cheaper coins

Don't be the "bag holder" of US dollars when inflation from the fed's endless QE finally hits us.


Ans how exactly do Bitcoins insulate you from that inevitability? Joined up thinking Sunshine, why don't you try some?

Because the fate of bitcoin is not tied to any man or nation.  This is it's greatest strength.

Right, but the fate of the wider economy is very much dependant on the dollar. When it collapses, all the Bitcoins in the world won't do you any good, not least because you won't even be able to power the devices on which your coins are stored as the power grid will be screwed.