This Week, It Wants to Act as Store of Value. Next week is up for grabs
Bonus: Here's a "pivot clue" from Ed Dowd:
https://gettr.com/post/p2bnalz0131
Ed Dowd just said on Bannon that the entire banking system will implode and US will end up in a kinetic war with each other. Good times. 😭
All it took was the realization that bidenopathy has hit where it hurts most.
Counterpointe:
"I had said in articles since March 2021 that when Bitcoin (BTC-USD) traded above $60,000, government regulation and central bank digital currencies would hurt the industry. This week took a step closer to ending the decentralized dreams.
The IMF introduces its Unicoin currency
https://seekingalpha.com/article/4595438-its-been-a-bad-week-for-bitcoin-bulls?mailingid=31234443&messageid=2800&serial=31234443.12597&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=31234443.12597
There does NOT appear to be any historical precedent for the stock market to collapse by 50%, all tangible assets to turn to dust, and only gold will survive given a banking crisis where Biden and Yellen sit on each other’s hands and do nothing. Trust me. Every major Democratic donor will be screaming https://www.armstrongeconomics.com/world-news/banking-crisis/the-1933-bank-holiday-can-it-happen-again/
I bought into the bitcoin and ethereum casino.
I did it as a test - so like gambling I must be prepared to lose the lot.
I put in the local South African currency equivalent of USD 1,500 just under two years ago.
Even after this recent rally it's still only worth USD 770.
Not a great return.
But people will tell you otherwise.
Truth is crypto cannot succeed, just going off grid or tossing your smartphone in for a dumb phone cannot succeed.
The big players simply won't let it succeed.
Just like the big boys are now getting the ICC to indict Putin because they cannot take him out any other way.
You start seeing a certain personality type here - those who honestly believe in someone who'll be holding the light at the end of the tunnel.
Like all the corrupt big boys at Pfizer, Moderna and AstraZeneca are going to be on the inside very shortly.
You gotta be bonkers to think all this.
Bonus: Here's a "pivot clue" from Ed Dowd:
https://gettr.com/post/p2bnalz0131
Ed Dowd just said on Bannon that the entire banking system will implode and US will end up in a kinetic war with each other. Good times. 😭
All it took was the realization that bidenopathy has hit where it hurts most.
Counterpointe:
"I had said in articles since March 2021 that when Bitcoin (BTC-USD) traded above $60,000, government regulation and central bank digital currencies would hurt the industry. This week took a step closer to ending the decentralized dreams.
The IMF introduces its Unicoin currency
https://seekingalpha.com/article/4595438-its-been-a-bad-week-for-bitcoin-bulls?mailingid=31234443&messageid=2800&serial=31234443.12597&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=31234443.12597
There does NOT appear to be any historical precedent for the stock market to collapse by 50%, all tangible assets to turn to dust, and only gold will survive given a banking crisis where Biden and Yellen sit on each other’s hands and do nothing. Trust me. Every major Democratic donor will be screaming https://www.armstrongeconomics.com/world-news/banking-crisis/the-1933-bank-holiday-can-it-happen-again/
I bought into the bitcoin and ethereum casino.
I did it as a test - so like gambling I must be prepared to lose the lot.
I put in the local South African currency equivalent of USD 1,500 just under two years ago.
Even after this recent rally it's still only worth USD 770.
Not a great return.
But people will tell you otherwise.
Truth is crypto cannot succeed, just going off grid or tossing your smartphone in for a dumb phone cannot succeed.
The big players simply won't let it succeed.
Just like the big boys are now getting the ICC to indict Putin because they cannot take him out any other way.
You start seeing a certain personality type here - those who honestly believe in someone who'll be holding the light at the end of the tunnel.
Like all the corrupt big boys at Pfizer, Moderna and AstraZeneca are going to be on the inside very shortly.
You gotta be bonkers to think all this.