Pages:
Author

Topic: BTC 2 become hard currency, surge $300Kish. Gov Sieze Debase all other assets. - page 2. (Read 355 times)

sr. member
Activity: 560
Merit: 290
www.thegeomadao.com
hmmm 300k for bitcoin? i dont think its will happend in this short time before corona virus issue was solved, even bitcoin price hit 300K usd , i think need its take time more longer , i dont think its will happend on this year.

because this year are worst year for global enocomy, even my country money rate is down to US dollar exchanges
legendary
Activity: 3808
Merit: 1723
The fed announced a stimilus package to aid in recovering of Covid19 however keep in mind that you are going to be eventually paying this money back in the future due to inflation with the printing that they will do. Remember what happened in the last recession? and look how expensive things have gotten since. Many young families can't even afford their own home. This will only get worse as time goes on.

So bitcoin is at a advantage here and especially with the halving coming up, however its a risk-on asset and people are selling if they own it for cash to buy basic needs. When the corona issue is solved then I would see it surging higher than $10K in the near future. However we need to put the uncertainties to rest first.
hero member
Activity: 3038
Merit: 634
Haven't thought of this but it sounds good if it actually happens. The stocks are down and it's been reported lately in my locale that they've just bought a huge pile of stock.

Not that far to happen with bitcoin but I'm thinking for now that it should recover first within the next months.

legendary
Activity: 2632
Merit: 1023
Depends on how much $$$$ the feds are willing to print...

But $300k sounds   Grin

It's not just the fed printing, its the asset freezing side.
legendary
Activity: 1652
Merit: 1265
Depends on how much $$$$ the feds are willing to print...

But $300k sounds   Grin
legendary
Activity: 2632
Merit: 1023
I would go as far to say this could make it or some other cryptos go to the $300K plus

your arguments in general lack proof and are hard to believe but this part in particular is impossible.
so far i have not seen any "other cryptos" that is secure enough or decentralized enough to be able to grow to medium size and keep it that way let alone want to have a massive growth and reach high prices such as $300k! all we have ever seen in altcoins have been short term pumps that never last long enough.

Look I agree BTC is by and far the most likely........
legendary
Activity: 3472
Merit: 10611
I would go as far to say this could make it or some other cryptos go to the $300K plus

your arguments in general lack proof and are hard to believe but this part in particular is impossible.
so far i have not seen any "other cryptos" that is secure enough or decentralized enough to be able to grow to medium size and keep it that way let alone want to have a massive growth and reach high prices such as $300k! all we have ever seen in altcoins have been short term pumps that never last long enough.
sr. member
Activity: 1400
Merit: 347
Any link you can share about it? Seizure by governments seems possible.

Someone was buying those stocks during the market crash. Centralization of power around key companies.

This fake pandemic was all about crashing the global markets.
legendary
Activity: 2632
Merit: 1023
So it looks like Govs are going to use thus covid-19 to be the pretext for seizure and redistribution of whatever it takes, cash shares gold, your hoard of stuff.

The markets going to digest this in about 2 months and pile into BTC as fast as humanly possible when they work out its the one think gov's cannot take, even from your cold dead hands.

Predicting massive surge incoming.

I would go as far to say this could make it or some other cryptos go to the $300K plus
Pages:
Jump to: