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I am very optimistic
I see it is possible for bitcoin and blue chip crypto to be mainstream currencies from 2023 even
I see that dollar will lost his dominance around 2024
All that tensions what we have now.Trade war conflicts are early birds of beginning of the end of dollar dominance
But if crypto will be mainstream currency then we will have more regulation that we have now
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I think that we are in corrective move and 8k is possible
It even correspond with unfilled CME gap
But it will be not in 48 hours.It will take tame .Moves to support level then speculative up then shorting etc
I am expecting some speculative up to Bakkt launch then last corrective move down
From late October early November we will have our parabolic run
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Big names investors will never tell public that they are buying some highly profitable asset
They will tell or speculate about ATH after they will buy enough for them self
If big investor will say that bitcoin can reach so high price then many people will follow his voice and will be hard for them to accumulate bitcoin at lowest level
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I think people who are telling you that btc will goes to 1000K are simply trying to fool you
BTC is keeping 10K maybe will be further correct like 10% or even 20% but after that btc will move strongly up near ATH price
So relax and don't lesson people what trying to cause your fear
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We had crazy game Fiorentina-Napoli yesterday but referee was tragic
Today i am looking for Milan game first game under new coach and of course Piatek scoring machine.He didn't score from last Serie A games .Today game will be not easy for Milan so i am expecting not so many goals and maybe drawn
Welcome back in so boring and somehow fascinating Serie A
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Africa can be best place for crypto
Fast development , unbanking and very much mobile
So i think cryptocurrencies can grow in Africa very fast
Other thing is number of scams targeting Africa countries but how to avoid scams is what people have to learn
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Good post i really like I guess Facebook will never stop to do it It is simply very lucrative to trade users data.I rather think his effort will goes to hide stealing his users private data.It is all comedy to me because anything users post write is going to NSA.Preventing terrorism.I even think that Facebook will not pay that 5 bln penalty read that Guardian article more light about Facebook fraud Internal Facebook correspondence from September 2015, released as part of a US government lawsuit on Friday, reveals new details about Facebook’s early knowledge of potentially improper data collection by Cambridge Analytica.But the correspondence – which the Washington DC attorney general’s office fought for months to unseal as part of its lawsuit – provides new insight into how Facebook staff reacted, or did not react, to concerns about the use of user data by political campaign consultants.It is criminal by my opinion https://www.theguardian.com/technology/2019/aug/23/cambridge-analytica-facebook-response-internal-document |
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Bitcoin will hit 1mln dollar when dollar will be devalued
By my opinion we are at beginning of the the end of dollar dominance but it doesn't mean that dollar will be worth nothing .I can tell you that sky is a limit so that kind of speculations are not so much worth
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Libra is not cryptocurrency .Libra is centralized issued and owned by corporation
Libra wants to be backed by currency basket.I been watching hearing about Libra in congress
Most of congressman questions was not answered
Personally i don't Libra it is already causing problems for cryptocurrencies
Some regulators are mixing Libra with decentralized projects what is not good for for crypto at all
Much more interesting will be to watch what will be impact of digital yuan what China will release soon
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I never had that kind of experience because banks in my country are able to suspend account if i will transfer money from sold bitcoin.It is against any kind of agreements against Constitution but banks don't care.After all people can open case in court . That can take very long time i n a case of my country
You have some agreement with banks there are your bank T/C you have some consumerist protection service .You need to write strong request to unfrozen your money if that will not help open case against bank
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Negative rates are supporting bitcoin price increase because people who are holding money in banks are receiving less interest
It doesn't count to keep money in fiat and watch how hidden inflation are eating them
If people have some knowledge about crypto then much better is invest money in to btc
It is only slogan that inflation in for example Europe is low.Inflation is low on paper but cost of life are rising
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USA debt and world debt is rising every day.It looks like there is no limitation
But notice that now we have new kind of money that new money are debt money.Debt is money debt is asset.Debt is slavery tool debt is able to destroy individuals and small and medium companies
However last time we have record gold buy from central banks.Russia sold half of his dollar reserve and bought gold India and China are buying gold as well
Personally i think we are entering in to the end of dollar dominance,what will create tensions,wars and conflicts .
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Hackers are getting smarter than exchanges and also smarter than big companies secured by best possible security systems
I think that people was already able to learn to not leave his funds on exchanges
There was thread on bitcoingarden forum Cmentarny of exchanges.Biggest and small ones
There is hard to find exchange what never experiencing hacking in his history
Other thing is self hack and oh sorry out exchange was hacked goodbye
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World is entering in kind of crisis and by my opinion in turning point
One think is economy and economic data yet another is shift from old industrial world to new technology world.Shift from coal to more green resources
Turning point what begin now is the end of US dollar dominance
India agree to trade with India with Rubel
Russia trade with China with Yuan Germany is trading with China with Euro
Dollar is losing his dominance.More countries want to be free from USA dominance dollar and payments systems.I see 2024 like a final year when dollar dominance will end
So now all that trade war Iran vs USA tensions etc are in fact reflections of USA effort to keep dollar dominance
It is very dangerous time because we are even entering in new nuclear cold war time
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Will that new Satoshi saga ever end.Probably not
Every some time we will have yet another Satoshi
It is very easy to prove who is real Satoshi
He has access to his wallet so it is enough to send some some small tnx from one of Satoshi wallet
By my personal opinion real Satoshi will remain anonymous until the end of time
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If we look historic data then after that kind inversion what we had last days stocks were pumping from 8% to 20% then fail
Last OECD data are showing that slowdown in global economy is maybe not over but much lower than before
So it may suggest that worst is over
But we have still trade war on horizon Brexit and many unexpected events
Now stocks count on rates cut and stimuls
Powell will have his speech Friday so that is something to watch
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Putin by my opinion is richest one
It is even hard to calculate how much wealth he has
He is rich same like Russia is rich
His money are flowing through various offshore accounts and other money laundering channels all the time
There is possible to count what is worth fortune of Bezos or Gates but not possible in a case of Putin
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Despite of physical futures Bakkt will also offer e-commerce
Bakkt count on participation of biggest e-commerce companies
Users will have choice to pay with bitcoin or fiat
Bakkt will provide his service to other than USA countries later on
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