before hitting your final target (should be in the $10k's or $100k's)
Agreed of course on the undeniable math in your post. And good to see that you realize there must be a final target, and a permanent crash from the trendline.
However, one thing apparently all of you are not factoring in your analysis, is that
none of that nor diversification can likely help you.
Imagine what happens when
this 21st century tulip mania ponzi scheme crashes.
This will make Bernie Madoff look like a flea an elephant's arse.
Not $1 billion, but $1 trillion of private investors' wealth will go poof.
So of course the government will be asked to clawback all the gains from those who profited from the ponzi scheme.
And of course you will end up paying taxes on your gains, even after they confiscate them from you.
YOU WILL END UP IN JAIL because you won't be able to pay the taxes after they confiscate the "ill gotten ponzi scheme gains", if you invest and profit on Bitcoin. Governments don't act rationally towards people that are hated by society. There will be much jealously and anger towards those who profited on BitCON.
The taxes will be raised also (retroactive net worth taxes will come for Europeans), but that is besides the point.
Do you really think you can profit for doing nothing? You have added nothing to society and are only stealing from it. I will be laughing at you as you go to jail. You deserve it.
Mark my word.
Now I am really done here.
Have fun flaming me.
I will not reply again.As a Treasury official said some decade ago about the time he also said, "we will burn the fingers of the goldbugs up to their armpits", it has always been the plan to
go after the millionaires and steal back all their gains to the elite (skip to 36:35 min of the linked video) who run the fiat system. And Bitcoin is an amazingly great tracking tool to aid them in this coming global confiscation via taxation of the rich process.
Former (Jewish?) IRS Commissioner and the man who wrote much of the tax code law, said to (Jew) Aaron Russo (producer of Bette Midler, The Rose, Trading Places, etc) in Ashkenazi Jewish Yiddish language,
"nothing will help you". Skip to the 37 min point in the linked video.
The elite know exactly what they are doing by launching Bitcoin via the fictitious anonymous identity "Satoshi".
Nick Rockefeller told Aaron Russo what the goal is.
I think I remember now that Larry Summers is the "former Treasury official" who said, "we will burn the fingers of the goldbugs up to their armpits". I know there was a reason I don't trust him, and I think that was it. Now he has really shown his true colors (see my prior post).
If you've read all my posts over the past 2 weeks (which you can do by clicking my name...sorry it is a lot to wade through), then you will know that Bitcoin is very much controllable by the USA government. I outlined exactly how they can do it with the Transactions Withholding Attack thread. Also they can with AML, and KYC controls plus the coming FATCA. Also we now have the selfish-mining attack, which I explained
could in theory be combined with the share-withholding-attack. Numerous, numerous vectors for how this caves into a 666 system.
Weep, while you can.