Cryptocurrency

[fullyautomatix]

I should add... everyone thinks I'm out of my mind suggesting Bitcoin is going to $60-100k before the year will end.. Bitcoin is not getting their by its own means, I never believed that. It is going to get there with the assistance of fiat money collapsing. The value of the dollar will collapse much like the currencies of emerging economies these past couple of months. I love how everyone is ignoring this.

I'm going to get a t-shirt made 'Sei ein Contrarian, schau hinter dich!'

USD will only collapse if it is not a reserve currency anymore. For that to happen, a new reserve currency should emerge. Bitcoin perhaps?? Euro has the ability but then the eurozone economy should grow to much bigger than USA + china combined. It will take decades. So a collapse in demand for dollar is nearly impossible.

[scooterscot]

That is the *popular* belief. The dollar cannot collapse because of external dependencies. Let me tell you something, the dollar is going to collapse because of America. It'll collapse because of internal reasons. I've been banging on about debt for 2-3 years on here. America, like the UK, has well passed the point where that debt is repayable. The markets will only realise that once interest rates creep up. And I think it is entirely possible the 4 democratic states responsible for 80%+ of America's GDP will go their own way. They already begun to demonstrate and ignore authority from the White house - no one, no one, is watching unfold. It's crazy. Even yesterday we read that there's a sleeper in white house removing documents from an elected president for signature as that individual believes it is in the wider interest of the people. America is now a rouge state.

Why am I so so so sure of the Dollar collapse? Emerging markets. It is almost like cartoon before the film. A shot across the bow. These currency of these countries is collapsing for internal reasons. Just like it will the US and the UK.

I've no idea what will replace the reserve currency. But in a globalised world you need a globalised currency the cannot be manipulated by any one state. Any ideas?

[scooterscot]

So a collapse in demand for dollar is nearly impossible.

All the major holders of US debt have been unloading it the past few months. No news whatsoever by MSM. But the real question here is, who is buying it? All the debt is being bought through a secret Cayman island account. I'm fairly certain it is the Federal reserve. Anyway, if it comes true they're holding all the cards then the house will collapse hand in hand with confidence.

Russia is dumping US debt and buying gold instead


China is cutting its huge stash of US debt

[Gomez]

Wagerr

Doesn't seem to be any posts in this thread about Wagerr coin. Anybody got any views on this? Seems like a great application. People will always be betting and nobody really likes bookies.

[AtW]

Pooperscooper is either getting lazy or just dumped his tulipcoins...

"Crypto Wipeout Deepens to $640 Billion as Ether Leads Declines"

The cryptocurrency bear market plumbed a fresh 10-month low on Monday as Bitcoin’s biggest rival tumbled and U.S. regulators suspended trading in two securities linked to digital assets.

Ether, the second-largest virtual currency, slumped 11 percent from its level at 5 p.m. New York time on Friday, according to Bloomberg composite pricing. Bitcoin declined 2.4 percent, while the market capitalization of digital assets tracked by CoinMarketCap.com shrank to about $197 billion -- down almost $640 billion from its January peak.



https://www.bloomberg.com/news/artic...s?srnd=premium

Tulipcoins are literally hitting the fan!!!

[scooterscot]

Better cash out then eh?

[Jog On]

We could see an ETH futures market soon...

https://cointelegraph.com/news/repor...ater-this-year

[northernladuk]

We could see an ETH futures market soon...

https://cointelegraph.com/news/repor...ater-this-year

We could also see BTC at a million dollars per coin by Xmas as well.... :

[AtW]

We could also see BTC at a million dollars per coin by Xmas as well.... :

What year?

[Jog On]

What year?

2020 or John McAfee has promised to eat part of his own anatomy:

https://www.cryptoglobe.com/latest/2...20-prediction/