If JP Morgan is telling you bitcoin has intrinsic value, it means they're definitely not buying any and pray you will buy theirs for more than they bought it for.  They're not looking forward to doing a market sell and sending the price of both Ethereum and Bitcoin to zero before even half of it is unloaded because there's no liquidity and they want to dump hundreds of millions of it.

The release of Facebook coin from Mark Suckaberg will probably be the beginning of all the dystopian features of craptocurrency.  They'll do stuff like pass legislation where it's illegal to have a wallet receive address that isn't tied to your ID or biometric data (i.e. ones run by the big tech monopolies like Google and Facebook hosting them).  Then the whole thing is Paypal 2.0.  

https://www.zerohedge.com/news/2019-05-19/facebook-registers-new-fintech-firm-switzerland

I sort of enjoy the fact that there's no way possible for craptocurrencies to avoid complete govt control (unlike metals), so it's 100% inevitable the govt will turn them into an Orwellian nightmare.  Then nobody will willingly use them and I'll no longer have to hear herds of morons try to claim imaginary, valueless, digital shitcoins are somehow better than metals when they're complete garbage.

Standard eternal boomer response.

Trollgoossens, it doesn't seem strange to you at all that the evil Jew Larry Summers who was attempting to ban physical cash in America so the bankers can have a cashless society slavery system is now trying to trick people into buying Bitcoin and telling them not to buy gold or silver?

Grayscale is a (((Larry Summers))) affiliated venture.  The evil cult of Judaism member who was attempting to ban physical cash in America - for your own good of course, not because that's what Jewish bankers want.  Now what's on this evil Jew's website?  It's....evil cult of Judaism members telling you...whatever you do, do NOT purchase gold!  HAHA.  Seems like the best endorsement of why you SHOULD buy gold and silver and not touch digital shitcoins I've ever seen.

I don't think I've ever once seen Keiser or any of his Bitcoin cheerleader guests on his show say a single interesting thing about Bitcoin.  Almost all of it is simply parroting Andreas Antonopolous, used car salesman propaganda and lies similar to what JayJuanGee does in an attempt to pump and dump.  They don't talk about anything based in objective reality such as if decentralization has been solved or if it's even possible to solve at all (nope), or whether scaling has been solved (nope).

They don't talk about how the (((blockchain))) is nothing more than a giant govt tracking system that abolishes the 5th amendment with the only real evolutionary endgame of a non-fungible token where transaction validators are designed to centralize being an exact replica of the Chinese social credit score system.  The list goes on.  No matter what you think of this garbage, the objective reality is that the odds of it being a dystopian tool of govt are far higher than beneficial.  Metals have no such downsides while also being a superior monetary instrument.

Why would I hate women?  I don't even hate black people or jews.  If a racoon gets into your garbage, you don't hate the raccoon.  Similarly, if one is aware of the predatory nature of the female, or the likelihood of a random colored person to steal your bicycle or try to kill you for no reason, it's pretty much the same thing.  You just recognize the problem, adapt and overcome.

Current chart looks like they're just floating it at an orchestrated double top to try and bait someone to short it with a lot of money to then squeeze them.  If nobody shorts, down it goes.  If somebody shorts, prepare to get squeezed by this completely artificial, fake market and it's crooked exchanges.

Infofront, that chart was terrible and you should feel ashamed of yourself.  The entire cup and handle formation was completely rigged by a single person, as evidenced by most of it's creation being from one green candle on the right side of the cup, but anyway, the handle was down near the $5400 area on that chart and you already had the manipulated springboard off the handle rise from there so there's not even any reason on the chart for it to go up a second time or just go parabolic to the moon for no reason.

TLDR: everything above the $4200 area where that ascending wedge ended was entirely fake and painting the tape with that big, non-aggregate green candle pump and dump scam, so that's where the actual current, tenuous, known support is, at the end of that $4200 wedge.  Bitcoin is a complete garbage buy on that chart if current known, tenuous support is half the current price of $8000.

The purpose of money is to transfer value from the present to the future.  Time span is 'relative' to the 3rd party observers in this equation, but yes, table salt is an actual commodity that can reliably be used as a store of value for....five years.  If another commodity - let's say gold or silver - can reliably be used as a store of value for a consecutive millions or even billions of years, is it not a much superior store of value?  Of course it is.  

What is the reliable time span bitcoin can be used as a store of value?  The answer is ZERO, because it is not non-perishable, has no time span at all of reliable usage such as five years for salt, and can disappear at any second because it requires external inputs to exist at all.  Bitcoin is not money.  It is not a commodity.  It is not a store of value.  The only thing it can be classified as is a currency.  It even has currency in the name "cryptocurrency" just in case you're too stupid to figure it out.  Currencies are never stores of value and virtually any currency that's ever existed is generally a scam that always starts at a value of zero and returns there on a long enough timeline.

Wrong for the 4000th time.  Nothing can be a store of value unless it's a non-perishable commodity.  Bitcoin is neither non-perishable or a commodity.  Claiming Bitcoin is a store of value is no different than claiming Dogecoin, Factcom, or NXT is a store of value.  Everyone knows that statement is completely false.  You just pretend you can pass off your lie for bitcoin in an attempt at personal gain.  

In case whoever is reading this is stupid and can't figure it out, things like Bitcoin require external inputs to exist at all.  It's extremely perishable and can disappear at any second without proper inputs being received.  A real non-perishable commodity like silver or gold simply sits there rejecting any advance of entropy (as far as any human civilization time span is concerned) without requiring external inputs and doesn't simply vanish without a black hole hitting the planet.

I think the statistics were something like greater than 50% chance of divorce if a woman has had other sexual partners before marriage.  Then a very low chance of only like 10-20% if they had zero.  The whole sexual liberation of women thing was a Jew scam to try and break up the family unit, which then of course leads to the collapse of that civilization.  It's just another part of the Jewish termite war against humanity.  

Yes, it sounds absolutely terrible being forced to marry a woman to have sex with them, but they're just designed in stupid ways and that's the lay of the land.  In the past, civilization seemed to have solved this problem by segregation of the female population.  There would be married stock and non-married stock, prostitute-type women of the night that people just did not consider marriage potential.  It was more Indian-style, class based.  Not that all women in general aren't prostitutes.  It was just a github hotfix to attempt to deal with the problem and their behavior.

The goal of the evil cult of Judaism is always to destroy their host nation.  Just as there is matter and anti-matter, the Jew is the anti-human.  They aren't called "The synagogue of Satan" for nothing:

Wasn't me.  Doesn't even sound anything like me.  Probably John McAfee.

Settle down, Trollgoossens. Not everyone can be the new Kurt Cobain of this era like me.  You can be a sidekick like Ibian - the Ringo Starr of shitcoins.

I didn't use the word value in my post, but "value" is obviously not subjective in relation to humans when things like Maslow's pyramid exist.  Things like food, building materials for shelter, energy to stay warm, etc, all have greater value than gold or imaginary, valueless bitcoins.  But the key aspect is that those Maslow's pyramid-esque things all tend to be perishable commodities when a non-perishable commodity is needed to serve as money (among several other attributes).  

Hence why the noble metals (gold and silver) become the Schelling point of money instead of bread.  It's the invisible hand of the market simply choosing the most suitable commodity.  Bitcoin is not a commodity.  It's a fake commodity.  It is relegated to the status of currency and not money.  All currencies are worthless scams whether it's dollars, Paypal tokens, Chuck E Cheese tokens, or Bitcoin tokens.

Of course "money" isn't imaginary.  Fiat paper has always been a derivative of metals, not vice versa.  They just turned it into a complete scam and de-linked the paper convertability from metals entirely under Nixon.  My grandfather worked for Nixon.  To qualify as money something has to be an actual commodity.  Commodities are physical only.  If it's not a commodity, it's a currency.  All currencies are worthless scams. 

The lowest level API of trade is barter.  The further you extrapolate from barter, the bigger a scam it is.  Since humans practice specialization of labor, the exchange of a physical commodity has always been used because it's the closest thing to barter there is without actually being barter.

^Or the TLDR version of my post above:  Bitcoin is like the grotesque finale of global financialization.  Financialization is the art of making money by producing nothing.  You have billions of dollars floating around that instead of chasing real world goods, services, or investments, the money is chasing imaginary, valueless tokens.  At some point all imaginary things are going to be marked to market for their real value of zero, and it's going to be hilarious, or catastrophic, or both.

In the past when the price would double from like $200 to $400 with some giant, non-aggregate market candles, it was the general consensus it was the Chicom mining monopolies/cartel rigging the price to scam people.  They have a monopoly; they mine everything; they rig the price artificially high; they dump on you.  Seeing as how Bitmain's balance sheet had them making just obscene amounts of money, it's a pretty logical conclusion.  So I wouldn't be surprised if this entire thing is just one giant Chinese scam that keeps on going until dumbass westerners run out of money for them to fleece and then the bubble deflates.

The words "Chicom" and "mining monopoly" were used on like every page back in the old days because people knew exactly what was going on and were pissed off they had a complete monopoly.  It was obvious it was them rigging the price to most people.  I never liked the idea of Chinese scammers exporting imaginary, valueless tokens to the west at artificially rigged high prices.  It's basically what the Federal Reserve attempts to do to the rest of the world - send them all valueless paper for real goods and resources.

The Chinese thing is like a sick joke of them getting revenge on the fed in that regard.  Bitcoin is now at such a retardedly high market cap, it's not just a harmless penny stock pump and dump by the Chicoms doing stuff like that, it's more of a real economic warfare for everyone left holding the bag should the bubble deflate.  People like Tim Draper, Mike Novogratz, and Barry Silbert walking around with billions of dollars invested in this garbage.  If it blows up and leaves them holding the bag with nothing, that's billions of dollars that could have been used to actually invest in America, and instead it all went overseas to a Chicom market rigging scam.

All you've done is identify an inherent weakness in your own thinking and a strength of mine.  Females only care about things like interpersonal relationships and they're completely incapable of macro-view of populations.  This is why you have all these braindead women in Europe welcoming in invaders.  Even if you scientifically proved to them that 80% of the invaders would gladly murder them with an axe, they would say, well, it's only fair we let them in anyway because the other 20% are perfectly wonderful people.

Stereotypes and generalizations exist for a reason.  It's an inherent survival strategy.  Maybe cats don't like water because over millions of years, something would eat them when they got near a lake.  Claiming generalizations are bad is completely idiotic.  Stereotypes would also not even be offensive if they weren't based on the truth.

Women as a whole are not good thinkers or philosophers or anything like that because everything about your judgement is clouded by out of control hormones, motherly instinct, and all the other things that generally make women as a whole bi-polar-esque, overly emotional, irrational, and unstable.  Find something else to compete in because you're not logical enough to compete with me in any type of thinking activity.