Quote from: realr0ach on June 28, 2019, 11:36:54 PM

Quote from: infofront on June 28, 2019, 09:21:31 PM

Quote from: realr0ach on June 28, 2019, 09:01:33 PM

Quote from: Biodom on June 28, 2019, 05:02:20 PM

This guy graph suggests that we are at Base 4 of the parabolic move:

https://www.tradingview.com/chart/BTCUSD/OyXoN573-Trading-Bitcoin-in-a-Parabolic-Curve-Possible-30-000-Top/

"Based on Google trends, there is barely an uptick in retail interest so far, which means that this is being driven by institutional interest"

These fags correctly identify the fact that no actual normal people are buying Bitcoin then make up the lie that it's "institutional investors". No, it's the kikes trying to manipulate imaginary, valueless, digital shitcoins upwards to try and distract people from physical metals and segue them into a digital only, Chinese social credit score slavery system.

Or they're trying to manipulate gold upwards to lure people into shitmetals, which can be easily confiscated, and can't be used to bypass capital controls.

That was a JayJuanGee level post. Digital shitcoin transaction validators are designed to centralize and will be completely government controlled with blacklists to turn off whoever's non-fungible, digital dogshit they want to just like they ban Twitter accounts. Digital shitcoins are all permissioned ledgers because it's not even possible to create a decentralized digital currency in the first place, especially when tokens are non-fungible. This is not the case with physical metals.

It costs barely anything to run a digital police state, but orders of magnitude more to run one in the physical world. Nobody can afford the upkeep or henchman compliance to run a permanent, physical police state. Tech giants like Jewgle easily run a low overhead, digital police state every day. 99% of this forum is composed of garbage human beings who are literal clones of Judas standing in line to sell their soul for $2.

It is the other way around. It costs almost nothing to hire bums to steal gold. Mining on earth is already controlled by governments. If you want to take over the bitcoin network it would be very expensive. In fact there are more nodes and mining operations popping up all over the globe now than there were a few years ago. Bitcoin is moving towards being more decentralized, not less. I thought the lightning network changes were going to be a bad thing, but happily I was wrong, it is working out for the benefit of bitcoin. A few years ago there were really only 4 or 5 pools that mined any blocks and a handful of unknowns. Now there are over 15 pools getting blocks every week, actually more like 20 and unknowns are becoming more common.

To take over bitcoin would require more than 50% of the mining, otherwise it can't be controlled. These days that would cost billions and in a few years it will likely be trillions. Gold on the other hand will have its value wiped out with one not so large rock moved into orbit around the earth. Many other possibilities too. It isn't a question anymore of if it will happen, it is only a question of when it will happen. Likely longer than 20 years but less than 100 years. The age of metals being a store of value is almost over.