Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
⭐ Merited by OROBTC (1)
The Bitcoin price will go up another 25% every time the Fed decides to print another $1T.
You heard it here first.
You heard it here first.
That seems like too bold of a claim because your units are not matching, Torque.
Every $1 trillion of new money printed is hardly even adding up to diddly squat, relatively speaking.
Sure, $1 trillion was a lot of money in 2019 and before that, but these days, it is hardly enough to even count for anything.. even though I am NOT going to disagree that if they keep printing trillions and trillions, it is going to start to add up to being a lot of money.
Pretty soon you will be tipping waitresses with $trillion bills. Go figure.
Oh I am not stupid. That would be a fraction of my crypto I would spent on a car. Would keep the rest invested.
Oh my god.
You hold "crypto"? Holy shit.
Poor fella.
So do you guys think bitcoin will fully collapse within a year, or it'll be 5+ years for this death to play out completely?
I thing the 5 year scenario seems more sensible. But I also think there is a significant chance we see the mother of all "dumps" (could be a series of amazingly large "dumps") sometime in a year. I think it is likely to do the thing that surprises the most people...
What do you think, sir? You have been a consummate predictor so far.
I had to look up "consummate," and for some strange reason, it does not seem to be the right word choice to describe proudhon's past predicting practices.
I am backlogged here... But I gotta say I think it is EXTREMELY BULLISH that the entire US including several infoluential is talking about "crypto" and how this bill is no good for it while bitcoin sails through resistance after resistance whilst just taking a quick breath to fill the options gap, and we here are deeply mired in COVID talk.
Funny how people are still Medium blogging why people should not invest in crypto in <insert year here>
I agree.
Don't be investing in "crypto" that would surely be a stupid thing to do.
That's disgusting, toxicmoxic!!!!
