Interesting. That’s what was said about the internet. That’s what they said about the automobile. When the cars were first put on the road, the government was lobbied by the horse and buggy industry to make the red flag law. Any automobile had to have two persons run 100 meters ahead of it to warn pedestrians of an oncoming automobile. From hindsight, the stupidity of that law is closely tied to the then desperation of the “government”.
Will such stupidity and desperation be any different this time for Bitcoin? Nope!
I understand your point of view. Im talking about Bitcoin and its price not Blockchain technology.
Banks and government won't let Bitcoin do what it was designed to do.
Juste imagine they decide one day to make Bitcoin illegal.
The market cap is still to small but wen whe get over a trillion alarms will resonate.
If we go deeper into the subject and let say it goes to 100k this would mean that the inflation would look like the one in Venezuela ok maybe not Venezuela but you know what I mean.
100k would be like 20k or 10k.
The technology will survive but Bitcoin will exist until 2032.
By the way 2032 is the year that the west will loose its economic power to asia .
The main reason that Bitcoin had this bullrun is because the Chinese use it to smuggle there money out of China. 80% of terminals where in China at that time.
Interesting how we all have our own rationales. I try hard to stay away from fundamental analysis or stories or news or events and purely rely on Technical analysis. The reason is because price is the mose immediate reflection of sentiment or mass psychology. This is why I often say that news or events will arrive to justify the forecast. To each its own.
It sounds like you need to start getting better information. I subscribe the top newsletter focusing on blockchain and cryptos. The global governments will have no choice but to accept it and embrace the underlying blockchain technology that will revolutionize all aspects of our world. In fact many governments are embracing it. The amount of investment and building of incredible blockchain solutions will soon be an unstoppable mega trend. A recent study found that the US banking system alone will save $29B annually with use of blockchain technology. Don't make the mistake of listening to all the negative and bad news out there. While rich people are badmouthing bitcoin, they are at the same time building their positions.
Blockchain technology yes for sure , bitcoin No
We are talking about bitcoin and its price here thats the topic.
Wen it comes to news lettres they will tel you what you want to hear.
People who joined news lettres in December January February got massacred.
Like the saying goes: Dont just tel me what to buy but wen to buy.
I do suggest to also invest it the blockchain technology itself.
You clearly have some ignorance you refuse to rid your mind of. I'm a pretty good reader actually. The topic in discussion is pretty darn clear. You make assumptions as well about newsletters. And thank you very much for suggesting to also invest in blockchain technology itself. I would never have been able to make such a conclusion... I'm beginning to wonder where you get your genius from:)
I wish I could tell you where I get my info from but you would not believe me.
I also realized that wen people have no arguments they use phrases that personally accuses the other person. (It sounds like (you) need to start getting better information.) or (You) clearly have some ignorance you refuse to rid your mind of. or (I'm beginning to wonder where (you) get your genius from:)
Interesting. That’s what was said about the internet. That’s what they said about the automobile. When the cars were first put on the road, the government was lobbied by the horse and buggy industry to make the red flag law. Any automobile had to have two persons run 100 meters ahead of it to warn pedestrians of an oncoming automobile. From hindsight, the stupidity of that law is closely tied to the then desperation of the “government”.
Will such stupidity and desperation be any different this time for Bitcoin? Nope!
I understand your point of view. Im talking about Bitcoin and its price not Blockchain technology.
Banks and government won't let Bitcoin do what it was designed to do.
Juste imagine they decide one day to make Bitcoin illegal.
The market cap is still to small but wen whe get over a trillion alarms will resonate.
If we go deeper into the subject and let say it goes to 100k this would mean that the inflation would look like the one in Venezuela ok maybe not Venezuela but you know what I mean.
100k would be like 20k or 10k.
The technology will survive but Bitcoin will exist until 2032.
By the way 2032 is the year that the west will loose its economic power to asia .
The main reason that Bitcoin had this bullrun is because the Chinese use it to smuggle there money out of China. 80% of terminals where in China at that time.
Interesting how we all have our own rationales. I try hard to stay away from fundamental analysis or stories or news or events and purely rely on Technical analysis. The reason is because price is the mose immediate reflection of sentiment or mass psychology. This is why I often say that news or events will arrive to justify the forecast. To each its own.
It sounds like you need to start getting better information. I subscribe the top newsletter focusing on blockchain and cryptos. The global governments will have no choice but to accept it and embrace the underlying blockchain technology that will revolutionize all aspects of our world. In fact many governments are embracing it. The amount of investment and building of incredible blockchain solutions will soon be an unstoppable mega trend. A recent study found that the US banking system alone will save $29B annually with use of blockchain technology. Don't make the mistake of listening to all the negative and bad news out there. While rich people are badmouthing bitcoin, they are at the same time building their positions.
Blockchain technology yes for sure , bitcoin No
We are talking about bitcoin and its price here thats the topic.
Wen it comes to news lettres they will tel you what you want to hear.
People who joined news lettres in December January February got massacred.
Like the saying goes: Dont just tel me what to buy but wen to buy.
I do suggest to also invest it the blockchain technology itself.
You clearly have some ignorance you refuse to rid your mind of. I'm a pretty good reader actually. The topic in discussion is pretty darn clear. You make assumptions as well about newsletters. And thank you very much for suggesting to also invest in blockchain technology itself. I would never have been able to make such a conclusion... I'm beginning to wonder where you get your genius from:)
you welcome!
I wish I could tell you where I get my info from but you would not believe me.
I also realized that wen people have no arguments they use phrases that personally accuses the other person. (It sounds like (you) need to start getting better information.) or (You) clearly have some ignorance you refuse to rid your mind of. or (I'm beginning to wonder where (you) get your genius from:)
Thats ok, no worries and good luck !