If the USD crashes and burns, then the world will, in the short term be thrown into panic. As it means that something very significant and world changing occurred.
This will cause everything to crash and burn in the short term and a flight to safe haven assets such as gold and silver. Will BTC be included as a safe haven asset? Possibly, it depends on what caused the crash to occur.
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Many people make their money through the BTC marketplace and the areas of commerce that have sprung up around the crypto space in general. This is not abnormal for any market or sector. Could it all come down on their heads? Of course, but so could any other industry or space.
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It is not there yet, but they are on their way. Switzerland has always been renowned for their suaveness with money.
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Bill Gates is part of the elite establishment, and likely, until very recently, the elite establishment have attempted to ignore Bitcoin, or scoff at it entirely. This is becoming increasingly difficult as time goes on and Bitcoin continues to assert itself.
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There have been hundreds of self proclaimed / discovered "Satoshi's" since I've been on these forums for years. He's kind of taken on a "Jesus" persona, where as in, even if the real "Satoshi" was to arrive and proclaim himself, no one would believe it.
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It is said that bitcoin will destroy the fiat system but i believe that if this happens the world will change completly because banks and a lot of things will go out of market.
I highly doubt it, that time horizon is far too short. You need a massive shift in age demographics before that becomes a reality. Undoubtedly, it will be used more and more although.
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If you look at that chart, it is certainly due for a pull back. This doesn't mean the death of bitcoin, people should be embracing this for the long term good of bitcoin.
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It has been going parabolic, thats for sure, and means that it is destined for a pull back. This is a healthy thing and should be embraced. Long term BTC is here to stay.
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In this episode of the Keiser Report Max and Stacy discuss the all talk, no action of the ‘we’re going to rise up one day generation’. In the meantime, central banks have become all talk, all action with their monetary revolution. In the second half Max interviews Mark O’Byrne of Goldcore.com about the case for peak precious metals.Click here to watch this video:
http://goldsilvernews.blogspot.ca/2017/05/keiser-report-peak-gold-silver-on-small.html
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It is absolutely mind blowing and utterly messed up. Disgusting.
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They are insurance policies against the highly corrupt and highly flawed fiat system that we are subjected under. Bitcoin, gold and silver for me. Yes, please!
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If you have been around, following the Bitcoin market as long as I have, then you will know that Bitcoin has been involved in many cases of corruption. Does this make Bitcoin itself corrupt although? Of course not, people are corrupt, not Bitcoin itself.
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Realistically, it does matter, because of the effect that it has on the markets mind and the people who trade it, but obviously, if you were to disconnect your emotions, it is all relative when trading day to day, or spending it as a currency. If you are looking to get rich, then yeah, it really matters, as you want your investment to increase in price.
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Facebook is a plague, sadly, many use it blindly with little regard to their privacy.
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Science itself is based in only facts, yet, people themselves can and most certainly are treating many scientific topics like religion. Some are truly becoming fanatics in regards to certain topics. They use data to bend the truth and use pseudoscience to back up their arguments.
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Sadly, it is an incredibly likely possibility, the elites are rapidly losing the control they have gained over the last hundred or more years. They will act irrationally and cause many issues before things return to normal, lets just hope we make it out ok on the other side, if this unfolds that way.
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We are all traveling through time, so yes of course! I also find it incredibly interesting though.
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Sell items based in BTC that people want / need. This is a safe, secure way to slowly gain BTC over time, the gains can become that much larger if you reinvest the profits.
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