Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Searing
on 05/09/2020, 20:20:43 UTC
Well I have written several times that anything above 10k is not sustainable. I know that I will get Negative reactions again but I will probably still be writing this the next few years.

Glad somebody else see the obvious writing on the wall.

If things go to sh*t further my view is 9K BTC and related crypto altcoin prices and gold going sideways...and thus will do so for years...

I am assuming that the stock market will eventually reflect reality...thus not big on a future of around 0% on bonds and 25% dump in value or more on the stock portfolio

I can't see BTC/crypt NOT acting like gold in such a recession/depression environment, also due to the use of BTC/crypto internationally which will be even more 'dire' than

the USA and again BTC/crypto IMHO at worst sideways in price like gold as a hedge against all this

anyway...that is my bet..the real problem is the 10% unemployment rate which may never come back to less than that for years..robotics, work at home more do' able

now...it is gonna be ugly no matter who wins the white house

anyway, I'm living off (and will adjust) my stocks/stay out of debt/ and next year more $$$ from soc security....so I can afford to 'speculate' on BTC/crypto

But I state this now if Trump gets re-elected I'm gonna up my timeline (of the old nursing home and all my crap gets sold and out of the house in 20 years..

.as they drag me away...kicking screaming to the Nursing Home...so why not pull the plug on all my crap sooner? Just go

and play 'millennial' and sell the house/crap/ and just rent 20 years early...and travel.....I'm not gonna stick around the shitstorm of society that is gonna

happen if Trump gets re-elected..it will be a nightmare enough if/hopefully folks elected to whatever office act in an adult bi-partisan manner to fix this cluster**ck!

...might be the time to take a page from the young folks and get rid of all/most of my crap/house and travel...of course, I probably should do this

now ..but pretty sure .. I'd get off the fence and do above promptly on a Trump re-election. Sad

Life might be a lot better just traveling about the world from bed and breakfast

to bed and breakfast (they have waffles!) a few months at a time in exotic faraway places...watching another 4 years of this Trump Sh*tshow of 'bad management' as

best I could describe such has lost its charm indeed!

anyway why I will HODL....not like I see a lot of really fun choices....and seems silly to put ALL my assets into the stock market and the coming economy

thus HODL'ing as my Go-To Hell plan...big whoop...no change in lifestyle..sh*t on a stick ...let it ride! Smiley

the needs must, as the devil drives Smiley

https://www.encyclopedia.com/humanities/dictionaries-thesauruses-pictures-and-press-releases/needs-must-when-devil-drives

Ancient Chinese Curse: "May you live in 'interesting times' indeed Smiley

Brad