Bulls buying Bitcoin right now

The way silver and gold are pumping makes me think bitcoin will break the old ATH, this year.

Bitcoin does not need to be a currency for them to be able to tax it. If you sell a house and you make a profit of say $100 000, the government

would take their share of the gains you made in the form of "Capital Gains" taxes. (Each country has it's own guideline and tax exemptions) So what

most governments are doing is to class it as a commodity and thus having you paying "Capital Gains" on the profit when you sell it. The main reason

why they are not defining it as a currency is because they do not want it to compete with their local reserve currency.    Some countries tax

Bitcoin as a currency (VAT) and a commodity (Capital Gains) 

How so? 10 year support is around 73-74 and we are at 95 in DXY.
maybe you are talking about 1 year support?

I agree that this is probable, but the question arises..when will it stop? Never? Are we at a verge of basic income and MMT?
Too much resistance to those ideas, so it is unlikely to happen. However, passing every 6 mo a 2-3 trillion bill does not seem likely either.
At the moment, it is clearly gold and high beta stocks that benefit the most. Bitcoin is not in play and I wonder why. maybe because it was in a deep correction for too long and lost its appeal with the fast money. It could be temporary, though. At least, this is my hope, but the whole apple-cart is upside down.

If the trend described below is true, then we would have a deflationary impulse as well:
https://www.politico.com/news/2020/07/19/wage-cuts-economy-crisis-368508

I wish I was there to see it. I was only present from April 2013 onwards.

What's the correlation to a dead forum and a new bull market I wonder.

That would be awesome. It's year 2100, countries around the world were competing for the last 50yrs to be the first one to revive Hal. One finally succeeds.
Hal- oh thanks for bringing me back guys but i was only trolling to have eternal life, i have no clue who Satoshi really is. Oh flying cars finally...

I think we just reached parity levels with gold inflation. Next halving would be half of gold.

Gold is around 3.5k tons per year / 199k supply (197.5 end of year 2019) = 1.76%.
Btc is 328.5k per year / 18.37mn supply = 1.78%

Compared to fiat that is increasing the monetary base frantically, we are sitting pretty good

Happy halving day everyone.

Perfect example: Gulping hydroxychloroquine or colloidal silver in desperation because a moron says so. Smart move is to wait for the trial data to come out and make your decision then.

Just my opinion but I think we go back down to $9500 over the weekend, retest the trend line we broke out of, then we move up come Sunday night/Monday, probably go up to $10.5k this week, if not on monday. We may see some fireworks on monday, keep your fingers crossed.

Wow this aged poorly lol.