Perhaps the wrong time but I couldn't help but nibble up a 0,1 coin this morning. It doesn't add much to my stash but it saves my savings account's value from depleting even further.
I'm getting more bullish on BTC by the day with all the signals we are getting.
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Paypal are now custodians of BTC here in the UK and they prominently advertise that on their home page. PayPal's value is rocketing, this is no coincidence, also considering it no longer needs eBay.
It is only a matter of time before all banks get into this game. They will HAVE to!
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Reports of second hand car values going up today in the UK have recently hit the headlines.
How I see it:
I bought my 2016 SUV car for £27,500. The second hand value after 5 1/2 years driving 30K miles is £20,000 minimum. That would be an extraordinary good value retention compared to previous cars I've owned over that sort of period. I could only shift my pervious car for only about 10% of its value after 8 years.
If you want one those cars I own new now, you are looking at £40K!
This doesn't mean "second hand car values are going up", it means fiat is utter dog shit as its value is going down to the Mariana Trench and everyone knows it.
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Safe figures of BTC at $500-600k by 2030 as quoted by InvestAnswers I think are in fact very bearish.
This thing is going to 2-5 million by then, perhaps even more.
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Things might seem cosy and fine for some like it was on the Titanic until the last hour before it sank, but all the financial news points into one direction and one direction only:
There are lifeboats waiting. Are you going to get on board or sink with the Fiatanic?