Bitcoin Is Over $2000 And Climbing, So What Is Going On Here! By Gregory Mannarino
Bitcoin is ripping the face off every other asset, period.
Yet so, so, many have yet to understand what is going on.
But keep ignoring Bitcoin (or other cryptocurrencies). Oh no! Be sure to stay in the safety of the dollar! Do not even dream of exchanging just some of your dollars for Bitcoin (or another up and coming cryptocurrency)!
NO DON'T DO IT.
The fact of the matter is the general public never has even the slightest clue as to what is really going on, yet they always seem to believe that they do.
Would you like a couple of recent examples?
How about the last housing bubble?
How about the current one...
How about the last last stock market bubble?
Or the current one....
It is always the same thing over and over, and no matter what you do or say to these people it is always the same line: "this time is different."
It is never different! and if you know my work, I am always looking for opportunity and then when I find it I pounce like a raging Lion.
I have written more than a few articles on why people need to diversify out of the dollar and into cryptocurrency, here are a few titles/ links below.
"Something HUGE Just Happened To Bitcoin, and No One Even Noticed." By Gregory Mannarino
Click here: https://steemit.com/bitcoin/@marketreport/something-huge-just-happened-to-bitcoin-and-no-one-even-noticed-by-gregory-mannarino
Gold, Silver, and Yes Cryptocurrency, Are "Anti-Debt." By Gregory Mannarino
Click here: https://steemit.com/bitcoin/@marketreport/gold-silver-and-yes-cryptocurrency-are-anti-debt-by-gregory-mannarino
"Are You Waiting For The "Bitcoin Bubble" to Burst? Don't Hold Your Breath." By Gregory Mannarino
Click here: https://steemit.com/bitcoin/@marketreport/are-you-waiting-for-the-bitcoin-bubble-to-burst-don-t-hold-your-breath-by-gregory-mannarino
The fact still remains that even though people see, right before their eyes, a screaming opportunity they choose to ignore it, and this is why 90 plus percent of the public will remain in debt and struggling. It is very sad.
So what are people waiting for?
Will they ever be able to think outside the box?
Generally no.
What can those of us do to make people understand where opportunity is?
Nothing...
If there is one thing, just one, I wish I could do better it would be this: have the ability to make a positive difference.
Gregory Mannarino
Please check out my post on how cryptocurrencies cannot be stopped and about the dollar vigilantes slant on it
https://steemit.com/cryptocurrency/@xiobus/repost-of-youtube-videos-from-the-dollar-vigilante-on-german-central-bank-and-wannacry
Please upvote, comment, follow and resteem here and on my post....
Bitcoin has topped off for now i think...
Allow me to throw a link to my blog explaining this:
https://steemit.com/bitcoin/@sjovmaiin/bitcoins-inevitable-retracement-the-top-is-in-for-now
I agree the trend is up though long term. But believe the top is in for now.
Please give your comment here or on my blog would love a discussion regarding the price of bitcoin and other cryptos.
Peace.
Great post Greg.
I went into a Bank yesterday and bought 2,000 Nickels for a 100 Dollar Federal Reserve (Debt) Note... There was a time when you'd have to pay 5, Twenty Dollar Gold Coins for the same amount of Nickels... Think about that for a while...
@pocketechange
I finally bought some Ethereum yesterday.
Its going 300-600 this year IMO, dogecoin might be another one to pick up as its accepted as currency for online retailers
I'll have to look into it. Thanks for the info. Might have to buy some more ETH. I do some writing for crushthestreet.com if you want to follow me.
Its at 156 now...might be 200 by end of june
I know I got in 128 yesterday
Thanks for the links! Very interesting read!
followed.
You just started following Gregory Mannarino? Man, you're in for a treat! :)
Excellent points as usual! That said, one can't eat or drink any of this. Investing in long term food storage & warm shelter from profits that are garnered, however, can save your family's lives. More people die from contaminated water, starvation, & exposure in hard times. All critical investments. And we'll need each other to survive to get through what Greg has been warning us about.
I agree 100%
These stores are also a hedge against dollar devaluation!
Well said. I'm a PM man but first things first....Food + Water!!
Heck yes it is. Looking for a 1/10 relationship with ETH over the coming months as well ;)
For Best Results: Re Steem,Follow,Upvote and Comment!
Greg, You're The Man !!
AND to others out there... Follow me, I'll Follow You...
G'Day Greg, Great article, Just setup a steemit account and started following you are my first follow. Keep up the good work!!
Cheers
Justin
Once it catches mainstream Bitcoin is over. I'm sure it's already caught the attention of the establishment and they have their plans for it.
It's mysterious origins are as well a major concern of mine. Nobody can trace its origins and who created it. Used mysteriously black market.. look I love to have alternatives but I am allowed to be pessimistic; especially considering how they easily control gold and silver prices.
I disagree you know what happens when you ban criminals from doing things.... they keep doing it. Bitcoin (and cryptocurrency) has gotten to the point that if its banned it will be valued even more. Also people who realize the freedom and empowerment over it will push even harder to support it. If gold and silver prices were decentralized they would rapidly seeks a more true market value.... hmmm maybe that's a market place we can add to Steem or other crypto.... doing metals.
but that's exactly my point. It's not underground anymore. Topside it's going $1000 ++ and if the hot money flows, the establishment wants its pound of flesh. If they busted the silk road, they will bust the large transfers and trace it. Look, it's just a word of warning. This world is rotten and opportunities are there for those savy enough to exit without attention. We shall see. I wish I bought it at $5 BTC back in 2009. I just didn't know how to get it. However I would definitely set aside an amount to pay capital gains or income tax whatever.. only reason death and taxes are guaranteed in life.
Yes this is sage advice.