Seeing the rising price of bitcoin over this last few weeks has been a pleasant change. What has been even more pleasant is that Bitcoin's original purpose (being, a hedge against the inherently flawed global fractional reserve banking system) is finally becoming headline news and directly gaining value from the beginning of the banking sector collapse.
It seems like this would lead to a steady and fruitful uptrend for Bitcoin...but I also think, isn't this too easy? I find it hard to believe that the Fed and its subordinates would just allow Bitcoin to steadily increase and prove itself to be a hedge against fiat so obviously as it seems to be playing out right now.
The next question that stems from this thought is that maybe there are new backstops in place that would reverse the current trend, prolong fiat money and its wicked way for just a little longer, cause pain to the true believers who (like myself deep down) feel something along the lines of "This is the time! It's happening!" and then accumulate before the real uptrend begins when the fiat system does inevitably start to hyper-inflate/collapse.
TLDR: Do you think that the Feb or other Bitcoin adversaries have any potential plans to either hurt Bitcoin, or make the banking system seem more reliable for a period of time again to prevent the current uptrend from continuing?
The whole thing is somewhat interconnected, not because of mere price rise of Bitcoin but due to punishment/curse to those who tried to work against Bitcoin by trying to hurt
'the one who controls it'.Bitcoin isn't programmed to cause others to fail/cry when it is progressing to the right direction.. . It's not an evil system. Those who recently suffer from it rise were just punished. They have refused to believe the truth that someone has greater authority/power than they and should never be challenged or treated unfairly.
I hope they have learned their lesson this time and never try to hurt Bitcoin as it will continue to move up and then it will stop for the turn of the other.
We tried to do this in other way(getting funded via sponsorship) but they refused or worked against it.
All Glory be to the CREATOR of the Universe. This is impossible without HIM.
I suppose a prime example of this is what has been in the headlines today...Credit Suisse calling Bitcoin a bubble in 2017 and is now fallen under so far that UBS had to buy them out. You have put it very well. From this perspective, Bitcoin is somewhat karmic!