Bitcoin Is Over $7,200!

[djd09]

You cannot see the forest through the trees. Your posts are erratic at best. But Hey all Hail Nakamoto.

 

[Deleted member 134708]

Your posts are erratic at best.

So you're reiterating. What value adding is that doing?

 

[Big ole Boy]

So you're reiterating. What value adding is that doing?

Digger likes to dig and troll. Lots of frustration out there. Several economist see Bitcoin as part of the "crack up boom" - a hyper-inflation of assets as we go forward. Endless QE, FED purchases of stocks, bail outs, -

Good chance at some point - the US government will short Bitcoin with the new paper derivative markets. This is when it will get interesting.

You gonna have what I call the "Gold Globalist maximist" in one camp, the fiat globalist in another. And, multi-polar Bitcoin disrupters.

 

[timd354]

Good chance at some point - the US government will short Bitcoin with the new paper derivative markets. This is when it will get interesting.

If the government wants to get rid of Bitcoin (which it may eventually), why wouldn't it just outlaw it?

 

[Big ole Boy]

If the government wants to get rid of Bitcoin (which it may eventually), why wouldn't it just outlaw it?

They could do that as well.

 

[djd09]

"Bitcoin and other cryptocurrencies are unlikely to weaken the Fed Reserve’s influence on the U.S. economy.

That’s according to the president of the Federal Reserve Bank of Philadelphia, Patrick Harker, who issued the new remarks on the second day of a fintech event hosted by his organization, one of 12 regional institutions that today comprise the U.S. central banking system.

But while some have worried that the rise of a cryptocurrency would make it harder for the Fed to manage the rate of inflation, Harker showed that he isn’t concerned about the prospect.

Onstage, he went so far as to contend that bitcoin has yet to be tested by a real catastrophe, but that when one happens, people will be more likely to flock to government-backed money.

“The paper that’s in your pocket, that we call money, only has value because we believe it has value, because we believe the government stands behind it. It’s all trust issues,” Harker said."

https://icoblueprints.io/philadelphia-fed-chief-bitcoin-has-yet-to-be-tested/

All is well.

 

[Elliott]

Its not a currency, because it takes days to complete a transaction. Its an asset without a purpose, other than pure speculation. The waste of electricity by miners is a joke. Its the greatest thing since sliced bread.

 

[Joe Flacco]

It's going up! That's all I need to know.

 

[timd354]

It's going up! That's all I need to know.

Yeah, I am sure it will just keep going up forever...until it doesn't

 

[Big ole Boy]

Yeah, I am sure it will just keep going up forever...until it doesn't

This is gonna be fun.