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.
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.
I hate to have merited this. But its prescient imho.
I was actually looking for that post, thanks. They will stop hikes shortly if not already.
However, EU did not even make any hikes, they are still finishing QE.
Because of this, EU has NO room to cut.
I am not sure how much stimulation going deep negative will do.
If i have to choose btc at 4K OR btc at 100K+world war, my choice would clearly be the former.