are they actually partially hedging against an event of an outbreak of North Korea, American war?
If US goes to war with North Korea tomorrow, I feel BTC could surge by 100% in one day - what do you think?
When war breaks out the only thing you need is food and drinking water man, and in case of bitcoin many would not have access to internet at that moment..... The USA will bomb the shit out of NK, and it will have little effect, as NK is not known for its BTC exchanges, or mining farms  SK would of course be badly hurt by retribution, but bare in mind that USA could take out most offensive ballistic sites in first few hours of bombing NK, The internet was designed for this shit, its NOT going down, also most ppl in ASIA have smart phones, the INTERNET is NOT GOING DOWN HELL YES, if USA starts bombing NK tomorrow BTC could go to $500k USD, why? Because SK ppl have no place else to hide their wealth But make no mistake the BOMBING of NK is just so USA can steal their wealth and buy some time to keep the USA corporate welfare plantation alive, the USA is going down, and whether that be 2018, or 2022 its going down, and BITCOIN will skyrocket once the world loses confidence in the USA/USD Murder-Inc criminal racket known as US-MILITARY. |
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South Korea BTC is trading at $20K right now.
Do you think this is pure speculation or are they actually partially hedging against an event of an outbreak of North Korea, American war?
If US goes to war with North Korea tomorrow, I feel BTC could surge by 100% in one day - what do you think?
a country in asia like japan, korea, china makes a war for bitcoin price and now there is a big difference for each of country. korea market now leading the position of bitcoin price but I see china and japan trying to compete with them. I think this is a good thing for us because if the price can increase more than now, we can make a lot of profit while the price is at the top of the price. we are going to see a new leader of cryptocurrency in asia soon after this war. BITCOIN will end up as some kind of SDR a universal metric of a HUGE amount of money that only gods will use, Some alt-currencys will fall out of this for day2day business use Some 90% of BITCOIN will be ASIAN action, the west will largely be controlled by its failing GOV &BANK, and MIL-COP system of police-state, where the average joe is left out of the game, ASIANS know that paper money is worthless, but Western people have no education or knowledge of history that the US DOLLAR is just toilet paper backed by a GUN (NUKE). The USA will do something STUPID in ASIA, perhaps North-Korea, and the entire world will dump the US DOLLAR, then BITCOIN will skyrocket in USD terms, but this means nothing as the USD will have no value, thus a BTC could go to a Trillion US DOllar |
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Simply PUT the BITCOIN will go to $1Million USD because the USD will hyper-inflate/deflate to the point of having no value.
The US Dollar is a post WW2 Ponzi Scheme, that is now Game-Over
US GOV has kept interest rates near zero now for some ten years, and they can't go back; They're stuck, now all just gnaw their teeth at the 'bank' ( federal reserve) and wait for the reset ( new 'shit dollar' ).
The entire world in the know has no place to keep their money other than BITCOIN, or some other equivalent trusted crypto-currency.
***
BITCOIN is the currency of the Gods in China, and it is the currency of the Sovereign man worldwide.
Of course BITCOIN will continue to be the enemy of GOV, until they lose their jobs and go unpaid and "Re-Invent' Themselves as BITCOIN representatives and bankers of bitcoin.
PAPER MONEY is DEAD, in MODERN society its no longer possible to TRADE in Gold for almost all normal business.
In summary don't look at the price of BITCOIN as going UP, just look at the price of BTC as the US DOLLAR Plummets worldwide.
***
BITCOIN is NOT a classic FAUX-PAPER STOCK MARKET FRAUD
I'd like to present the works on major bull trends by H.M Gartley who wrote Profits in the Stock Market (1935).
How to recognise a bull market ending.
1. The daily volume has risen to an all time high.
2. Wide daily fluctuations are a regular occurrence.
3. Nearly everyone you meet appears to be in some way interested in the market.
4. Most financial news writers and financial commentators can see no reasons for any important decline.
"The thought of a bear market being around the corner is not seriously considered".
"A bear who presents what appear to be sound and logical reasons why a collapse is imminent, is considered to be either an out-and-out dyspeptic, or at least a very unpatriotic citizen."
"He can count on being very unpopular".
"Each bull market breeds a crop of traders who fail to recognize the unmistakable signs of a storm."
This is quite different, could be applied to GOLD, BITCOIN is not going away.
Traditional STOCK in 1935 was just paper pulled out of their ass and traded on WALL-STREET, not unlike US Dollar fiat today, printed to infinity with zero cost to FRN
BITCOIN represents a new shell, a new totem, a new way for mankind to represent his wealth and transmit it anywhere in the universe.
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Seeing the current bull trend of bitcoin, it makes me nervous each time it surge because I am thinking how low will it be when it makes the correction and besides that, it seems this signs are showing to what is happening right now. Maybe it will happen sooner or later or maybe it will be different this time around. Whatever happens, we should always be ready when the storm comes. I'd like to present the works on major bull trends by H.M Gartley who wrote Profits in the Stock Market (1935).
How to recognise a bull market ending.
1. The daily volume has risen to an all time high.
2. Wide daily fluctuations are a regular occurrence.
3. Nearly everyone you meet appears to be in some way interested in the market.
4. Most financial news writers and financial commentators can see no reasons for any important decline.
"The thought of a bear market being around the corner is not seriously considered".
"A bear who presents what appear to be sound and logical reasons why a collapse is imminent, is considered to be either an out-and-out dyspeptic, or at least a very unpatriotic citizen."
"He can count on being very unpopular".
"Each bull market breeds a crop of traders who fail to recognise the unmistakable signs of a storm." This is quite different, could be applied to GOLD, BITCOIN is not going away. Traditional STOCK in 1935 was just paper pulled out of their ass and traded on WALL-STREET, not unlike US Dollar fiat today, printed to infinity with zero cost to FRB BITCOIN represents a new shell, a new totem, a new way for mankind to represent his wealth and transmit it anywhere in the universe. |
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I also agree that BCH could be the coin they pump after shorting BTC.
They'll probably screw with Bitcoin's transactions while they short.
I’m NOT saying you are correct in your analysis. Perhaps today’s astronomical pump, was just a test not so much for the small’s buying during the run up, but a test to see what the capabilities were of the Exchanges in handling the massive buying pump. If it was a giant pump to test those uncharted water, the Exchanges failed miserably. I woke up this early :am (4:00am) and was online and watched it unfold 16k 17k 18k 19k in less than three hrs. I admit I was starting to panic at 18k, as I began to see my Exchange lagging and a few minutes later, it went off line. Nothing I could as I had not moved my total investment to my KeepKey. Granted I had move a substation amount this past Monday, but I had not moved another substantial amount. So am I wrong in thinking today’s test, was a test of capability. Today’s run up cost some serious dollars, are they now rounding up for another run, for when the CME is Launched. Maybe, and maybe the BCH pump that crippled Bitcoin with unconfirmed transactions a while back was also part of this test. My prediction is; there's a huge BTC pump underway, Bitcoin shorts will be taken out, Bitcoin will have hundreds of thousands of unconfirmed transactions during a monumental dump. The short sellers will make big on the BTC pump and on shorting. The amounts traded on exchanges currently is pocket money to these guys, the market's so easy for them to manipulate. On a microscopic scale day2day there will be huge movement, but over-all every war, every currency failure on earth will take BTC to a new high, Biggest problem for criminal minded is to keep idiots churning their BTC's so they can be stolen on exchanges, pools, or forks. BTC will go to $1M USD, but the ride will be bumpy, you can watch, or ignore, the outcome will be the same. Those that HODL will end up RICH, those that churn and day-trade will end up POOR. |
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That might happen. World war vs Bitcoin. We cannot set aside that these Bankers is attacking Bitcoin without ceasing and that's the fact that we should understand, they will not let Bitcoin to take over the Fiat that they worked hard to earn up to this day. As of now a lot of people have been giving too much attention to Bitcoin, as we can see the price changes for the last 24 hours, we can now consider that there is a legit FOMO here and with that being said, correction and dip is really possible.
The average life of all FIAT in history is 45 years, bankers know this, men of means know this only IDIOTS think that the USD is 'forever' BITCOIN will replace the notion of the SDR, it will go to $1M USD Country's will have their own alt-currency's Time will come that GOV's will collude to BAN the little guy from creating his own crypto, or even mining without a GOV license, Knowledgeable ppl need to be thinking about privacy, and keeping the current system out of the hands of government centralization. Bankers KNOW that the era of PAPER-MONEY is over the Era of Crypto-Money has begun. |
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The game plan all along since 2009, has not changed, to destroy the US GOV system of paper money.
PPL want to get off the grid
PPL want to be their own bank
USD is a DEBT based currency, based on DEBT-SLAVERY
BITCOIN is like virtual-gold that you never have to fear to be stolen by a common criminal.
Why all the chatter about price? It's going to be a bumpy road, but in all wars in the coming years, ppl of wealth have no other place to park their wealth than BITCOIN ( or an equivalent trusted crypt-currency ).
***
Probably a bad idea to even read these forums, they seem to be driven by bots, with random names to try and nudge people to BUY BTC with cash, or trade on exchanges, or bring your BTC out of cold storage.
HODL, hold deep and long, keep it safe, keep it secret. Keep it cold, keep it away from the Government
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The mindset of the normal trader here is to take profits and sell
the mindset of the true crypt-anarchist is HODL, to hold on for dear life all the way up to $1 Million USD ( equivalent )
The problem of course is that +97% of normal humans can't keep their hands off of the piggy bank, very few humans have the ability to just leave it alone,
The majority on this FORUM are churning day-traders, ergo guys who will never have more money than somebody who runs a paper-route, or collects bottles for cash
BITCOIN was invented by crypto-anarchists to destroy the GOVERNMENT system of money which is based on MURDER.
Majority here don't have a clue about crypto-anarchy.
***
USD is based on black market trading and MURDER, US armed services are protection for anybody who dares to business anywhere on earth and not sell children,coke,heroin for USD
Crypto-Anarchists want to KILL THE USD and take down the US government everything it represents
Morons here seem to think BITCOIN is just about getting rich, so they can live like the assholes who OWN the CORPORATE USA Racket.
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Why did i sell at 10k .... damn.
Terrible choice, lol The mindset of the normal trader here is to take profits and sell the mindset of the true crypt-anarchist is HODL, to hold on for dear life all the way up to $1 Million USD ( equivalent ) The problem of course is that +97% of normal humans can't keep their hands off of the piggy bank, very few humans have the ability to just leave it alone, The majority on this FORUM are churning day-traders, ergo guys who will never have more money than somebody who runs a paper-route, or collects bottles for cash BITCOIN was invented by crypto-anarchists to destroy the GOVERNMENT system of money which is based on MURDER. Majority here don't have a clue about crypto-anarchy. |
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Perhaps these predictions of 100K bitcoin next year are not so insane as some of us thought.
I think it is reaching a tipping point now where people are starting to accept it could have a real chance of becoming a world wide accepted and established transfer of value/wealth.
The more expensive it gets the more real and valid that possibility becomes.
Why did i sell at 10k .... damn.
Come on just one more big correction before the final and steady up line to the 500k predictions from our fav antivirus guy.
$1 Million is the target, $100k is nothing Problem is that the owning $100 in BTC, and it goes to 10x that's only $1k, nobody is going to get rich, The ONLY PPL who get rich in this racket are those who own millions of USD in BTC and become TRILLIONAIRES |
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I am not so sure. I think we may be seeing the beginning of wide spread adoption. I noticed that Coinbase had a much higher price than other exchanges today. This indicates to me that the average Joe is buying on there with credit cards.
The price rise this year is from institutional investors. Keep in mind that most assets such as stocks are constantly being diluted. Shares are issued to employees as part of a salary and also can be issued for various other purposes. So when investigating a stock you need to look at the diluted value. But bitcoin can not be diluted this way so when new money enters scarcity goes up.
At the beginning of 2017 the market cap of bitcoin was something like 30 billion. That sounds like a lot, but its peanuts in the grand scheme of things. A single private hedge fund can be worth 30 B, and there are many many funds. I am not convinced that this is a pump and dump. I think this is what should happen when big money comes in. According to a quick google search the largest hedge fund is worth 122 billion. That is just one fund.
Look at it this way. BTC has been compared to gold. The gold markets have Trillions of dollars moving around. If even a fraction of that comes to BTC then price will have to skyrocket because of the nature of limited supply.
If BTC hits 50k, then with 21 million BTC in circulation (there are less, but for the sake of argument), the market cap is somewhere around a trillion. So does it seem reasonable that this much money will come in to the BTC market? Take a look at the size of other markets and decide for yourself.
If the average JOE is buying, then U know its game over, Let's see average joe is paying 20% on credit card, to get BITCOIN? and what? average joe is buyin $100 and paying $20 for fee's to get $80 of bitcoin, of which 90% will sell within 6 months and pay another 20% on exit in 'fees'. BITCOIN is for rich people to buy a bucket full and have a safe place for their wealth, average joe has $500 cash in bank, and sure as hell, he'll use his credit card to 'get rich', Just like all the MINERS who use their credit cards to buy graphics boards, and then find out they don't make $10/day before they pay for electricity. I think most morons are trading alt-btc token, like penny stocks, and trying to get rich there, nobody who buys $100 in BTC is going to get rich, and not even stupid people think this, The problem here is that ALL want everyone aboard, its not going to happen, BITCOIN is just a place for the rich to park there money, its not even good for day2day transactions Most ppl in USA don't have enough money to invest, most can't even pay their bills, most don't even have jobs, Abroad say in ASIA priority is still to BUY GOLD, that is where the movement will be in BTC, as the chinese have the money all these pathetic new conduits for idiots to buy/sell BTC is just about transaction fee's for houses that sold tradition stock market SHIT Certainly obvious that MOST here are day-traders and NOT programmers, the mindset of an idiot is prevalent |
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CME trading futures fuels the Bitcoin price, i too also wonder what will happen after 18th. Market price growing rapidly will make some users who lives in a third world country not to be able to buy Bitcoin anymore.
average american don't have $500 usd in bank, average american will never buy bitcoin in china bitcoin is 'money for gods' U talking where africa? maybe myanmar?? Believe me, ppl in africa already have money on their phone, and they use it to buy food, and they only make say $5/day, and that is the average balance on phone bitcoin will be much like warren-buffet BRK.A stock at $200k USD, its a game for the rich, |
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Child asks "Why is grandpa wearing green socks today?"
So the old school MONEY PEOPLE have decided to TAX BITCOIN traders,
Why would anybody but corporate fools play?
Fortune 500 want to be able to play, and pay the bridge tolls, in the real BTC world there are no fee's or tolls to be played,
Most small time ppl will just carry on life as today
Pension funds will be able to capture of the 'warren buffet' style BTC growth so over all this is good for main-street USA.
The actual PRICE of BTC is more controlled by the ASIAN ppl, the white trash in USA don't have any money, and the HUGE public pension funds controlled by government MAFIA just want to clean way to park their public pension cash in BTC, think PERS pension mafia of california, think prison guard pension funds.
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Wow, I'm surprised so many people use that address..
My TX is back there quite a ways now..
I think the average time to grab funds when an addressed is cracked is 5 seconds, that was back in 2015, I think now its about 1 second for most algo's that crack addresses to transfer funds to a new account. These days its not really profitable to crack BITCOIN, the low hanging fruit has been long ago found, more likely these days is other ALT currency that has more newbies who don't know about creating strong WIF's IMHO most high value accounts these days are held by people who KNOW how to create a secure WIF ( private address ) |
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Well the funds are still there, so IF U had the WIF, your an idiot, thus it can only be surmised that your a liar.
1BitcoinEaterAddressDontSendf59kuE
13 BTC
It's EXTREMELY hard to break an address by brute force, its far better to build a bloom-filter for all addresses that have a balance over 1 BTC, then run a GPU farm over the ultimate rainbow table and hope that you occasionally hit on of the 10k addresses with value, but note that the other 10**77 have no value Nobody can break an address, 1 in 10**77 is like finding a pebble in space, 10k in 10**77 is like finding a ring on some beach on the earth, buried in the sand A good rain-bow table and a person with high-value address and weak passphrase may drop the 10**77 down to 10**32 and make it very manageable, the problem is most of these low entropy high value addresses were cracked pre 2015  |
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The WAR is coming, and the PPL in ASIA traditionally held GOLD and fled during war.
Now GOLD is too hard to carry, and too many airports and bus stations and trains stations have metal detectors where ppl can & will steal your wealth.
Thus this will be the FIRST "WORLD WAR" in history that little people use crypto-currency to flee the 'banker wars'
Interesting thought, all wars are bank wars since 1000 AD, but bankers don't control BTC, so the coming WAR, where does it leave the ppl who make these wars?
It's only can be assumed that they plan to bring the INTERNET down, and make their own crypto on restart.
****
Now little ppl are driving BTC price to the moon, as there is no other 'safe place' to stash your wealth, remember in USA ppl buy guns hunker down, starve and wait to die. In ASIA an 'older culture' during war, smart ppl grabbed their gold and fled, far away, found a new place to grow rice, and rebuilt their family's.
The ASIA attitude of war, is far better than the western attitude of holding your ground and watching your family be raped and eaten.
BITCOIN has a very interesting place in this 'show' because "All wars since 1000AD" have been banker-wars, rich men, fund warriors to plunder wealth, and then put the losers into DEBT and extract their wealth and make them slaves, USA has been been running this COMPANY since 1700's via City-of-London.
Now there is a new GOLD where ppl can stash their wealth and flee.
IMHO like GOLD, only a minority can play, as the majority, especially in USA don't have $500 USD in the bank, thus they can't flee as they have no means.
ASIANS say million in KOREA can flee, most have lots of wealth, and they can easily sell 'family gold' to buy BTC,
THUS IMHO I would watch the price of GOLD, if it drops then you know ppl are selling GOLD to buy BTC.
The bankers don't really care, they worry about managing the majority, the 97% of humanity that are just cattle to be fucked, and taxed.
The rich have always had their GOLD, and today its BTC.
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This is NOT about logic, or trading,
The WAR is coming, and the PPL in ASIA traditionally held GOLD and fled during war.
Now GOLD is too hard to carry, and too many airports and bus stations and trains stations have metal detectors where ppl can & will steal your wealth.
Thus this will be the FIRST "WORLD WAR" in history that little people use crypto-currency to flee the 'banker wars'
Interesting thought, all wars are bank wars since 1000 AD, but bankers don't control BTC, so the coming WAR, where does it leave the ppl who make these wars?
It's only can be assumed that they plan to bring the INTERNET down, and make their own crypto on restart.
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As of now, Korean exchange BTC trading at 22.7K while the international market is trading at 16K
If a war broke out
1. NORTH KOREA:Kim would buy MORE bitcoin because he knows he will almost lose for sure. The only way for Kim to preserve his wealth is probably by buying a bit of everything but mostly things like bitcoin. He could run away and hide in somewhere in China after NK loses.
2. South Korea would panic BUY bitcoin because Korean Won value would probably depreciate by 50% overnight. Also, if South Koreans were to run away from Korea the only quickest viable way to protect their wealth is to buy bitcoin - then take the hardware wallet with you to another country
3. Japenese average Joe would also BUY bitcoin beacuse they fear the war would drag down Yen's value and they would rush to preserve their wealth
4. In general all East and SE Asian currencies will face downward pressure pushing people to hedge by buying BTC
5. If China supports NK in the war, it will be a war between China and US. China+ NK probably will lose, this will induce a huge instability within China and Chinese will again, flock to bitcoin to hedge against it.
Thoughts?
The chinese & south-korean are already in play The SE ppl in general are dirt-poor, and thus like a person in Africa, BTC is not on their mind, rice and potable water is a higher priority. USA is bring WAR to KOREA, no fucking DOUBT, rich ppl ( asian ) have no where to hide their money, as USA will destroy all the NORTH-ASIAN banks in their 'war' There is no other recourse for USA, its either STEAL NK now, or civil war at home.
NK has the largest mineral wealth of 'rare earth' on earth, and OIL reserves exceeding SAUDI, this is all U need to know why USA wants to STEAL NK[size=2 0pt] Like the rich say in China "BTC is the currency of God's", you got to be a RICH GUY to even be in the game.[/size] |
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I agree that if war broke out in SE asia that the masses would start transferring their wealth into BTC and the price would shoot up dramatically. Though I do disagree that China would enter the war initially on the side of NK if they did at all. I think that they are thinking more globally at this point more than regionally and would see a war with the US as something that would not end well for either side. Not to say that they wouldn't do things to hinder the US, but wouldn't join in overtly unless the US gives them a reason to do so.
North Korea is like "SIBERIA", north cold, But you talk about "SE" the SE of ASIA is like Beaches, like "The Beach" ( a movie ) R ppl really this ignorant of geography? NK has the largest mineral wealth of 'rare earth' on earth, and OIL reserves exceeding SAUDI, this is all U need to know why USA wants to STEAL NK |
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U barely hold any btc....  The average BTC address that has funds has 0.05 BTC The average USA citizen has less than $500 USD in their bank account 0.05 & 15000 = $750 Most likely cuz most BTC ppl are techy, which means they have more money than average human debris in USA The fact is that less than 100 ppl hold top +90% of all BTC, just like everything else on earth, a few rule all. |
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