Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
In my opinion, there are very major fuck-ups on the horizon.
The Interest rate hikes will blow up everything. The whole system will collapse. Banks won't be able to provide cash. People will lose all their savings in banks.
If they don't raise the rates, It will be hyperinflation then. The whole system will collapse anyway. This time asset prices will do full moon. GOLD= $10k. A loaf of potato = $50. People will die of starvation.
They can't pick their poison.
Banks will go poof!. People will panic. People will seek a mobile asset which they can spend easily which is also a store of value. That's not gold because it is not mobile.
We all know what it is.
BTC will be $100k, maybe even $250k but it will also bring a world war along with it. Then partying in Amsterdam won't look like a bright idea.
How about we go to $1m and buy one of Musk's rockets. Fill it up with all the good shit (like the entire internet on hard drives, everything needed to have a wide selection of gourmet grade food, and tons of booze/weed and a selection of mind-altering substances). Then relocate to Mars and call it planet Bitcorn.The Interest rate hikes will blow up everything. The whole system will collapse. Banks won't be able to provide cash. People will lose all their savings in banks.
If they don't raise the rates, It will be hyperinflation then. The whole system will collapse anyway. This time asset prices will do full moon. GOLD= $10k. A loaf of potato = $50. People will die of starvation.
They can't pick their poison.
Banks will go poof!. People will panic. People will seek a mobile asset which they can spend easily which is also a store of value. That's not gold because it is not mobile.
We all know what it is.
BTC will be $100k, maybe even $250k but it will also bring a world war along with it. Then partying in Amsterdam won't look like a bright idea.