Quote (SunnyvaleTrailerPark @ Jan 7 2021 10:14pm)
You are aware that the bitcoin value and some other crypto values are being manipulated to make it look far better than it is as an investment to suck in people $. They can legally make any crypto illegal and force people to use authentic cryptocurrency once they bring in the cashless society.
Why you think some people dumping their crypto to buy metals n stuff
They crashing the $ on purpose to bring authentic crypto that can be tracked and regulated.
People in 2021 lol... Keep using all your stimulus $ on btc lol.
Whole USA using their $ on Crypto. Why you think it's going up?
Smart people reinvesting in metals/good stocks
Blah blah blah blah
Us dollar is losing a lot of value rapidly. Soon the USD will fall into hyperinflation, I know because I lived it here in Venezuela with the bolivar, the us dollar is going through the first steps of abyss.
Lol "to suck everyone's dollars". Like if that shit will have any value in the following years.
Yes, we will experience a bear market again in the near future, but not before we see BTC at around $200,000 first in this bull market, by then you move to either worthless dollars or gold (preferably to gold or gold pegged crypto like PAX GOLD), then wait until BTC price falls a lot during the bear market and start buying cheap again and then here comes the new bull market. Rinse and repeat.
If you know how to play this game you can make a lot of money. But if you are gonna cry and tell everybody that this and that is a scam then you will waste time and good opportunities and become more poor by holding us dollars that are losing a lot of purchase power rapidly.
If you like gold, you can have more gold by using BTC and cryptos to increase your wealth then when the bull market is over, change to your beloved gold and you will have more gold than before the bull market.
The whole financial system is a scam, just know how to play with it to make money and that's it.
This post was edited by Golden_Order on Jan 8 2021 07:07am