I don’t envy the old. They’ll be stuck with whatever the State is willing to give them. Probably not a lot (anyone recalls the good old USSR?) and inflation will eat the rest.
The young(er) ones will at least be able to keep up somewhat through wage pressure.
A socialist muddle through may not even be the worst way to get through this 4th turning stuff.
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This would include a massive fake out to the downside (-/- 20% straight down). I will be there to catch it
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Ongoing accumulation at elevated levels.
This is boring.
But this is good in the long run. Just place some stink bids 10-20% below current prices and enjoy your vacation, making the waiting game less stressful.
Good things will come eventually.
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At the current (less steeper) line of ascension, we should go above $10k no later than 18 June. You heard it here first
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Mark either still wants one foot in the incumbent world or doesn’t understand Bitcoin. I think both
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At the rate printers are going... Soon: 1 Satoshi = 1USD 0.00000001BTC = 1USD No, the amount of ‘printing’ isn’t remotely enough to just fill the black hole created by the lockdowns. The numbers will have to go up (these are rookie numbers) before it gets real. But we will get there, don’t worry. Wait, we have not seen everything yet, if the Chinese sell their reserves in dollars we will go faster than we think. They won't sell their reserves. The US and China are tied to each other in more ways than the rhetoric makes us think.
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At the rate printers are going... Soon: 1 Satoshi = 1USD 0.00000001BTC = 1USD No, the amount of ‘printing’ isn’t remotely enough to just fill the black hole created by the lockdowns. The numbers will have to go up (these are rookie numbers) before it gets real. But we will get there, don’t worry.
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For them, it’s just a phase transition. For us as well
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Best expiation about the current price situation can be like this: It implies gravity is shut down for the moment. Can't compute.
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... George W. Bush ...
George - it’s just a goddamn piece of paper - Bush People really get what they deserve.
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The latest pump made clear that we ain't going down soon, it seems. So we're in some kind of truncated correction move sideways with the bias to the upside. The latest dump can only mean more of them sideways correcting/truncating. As indicated by others, it's still accumulation time. Those waiting for sub $7,xxxx:
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If it all goes to shit, at least I can tell my kids that we were the ones trying to actually change the world. If the world passes on sound currency, it will be on them
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good morning ... Mycelium ...
It just plain works. I haven't used anything else for years.
This ^^^
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I think you're making too much out of all of this. Masterluc just tries to predict prices based on lines and some other market reading mumbo jumbo. He seems better in the long view calls. So ignore the short term calls more The more bulls, the merrier.
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I'd rather say, the war between the ruling elite and the rest. And the rest is being divided between themselves very easily (again). There is no: - black vs white
- capital vs labour
- rich vs poor
- left vs right
- young vs old
- x vs y
The most frustrating part is that sufficient power could be taken away from suppressors just by opting out. The non-violent act of buying Bitcoin.
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What a surprise, stock markets rally on riot optimism.
More stimulus. The only thing that matters in the markets today.
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Back in the channel And of course:
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That autopsy report is a harbinger for more trouble.
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Take away their money = take away their power.
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