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Topic: Is there a corelation between QE and bitcoin bubbles? (Read 1204 times)

legendary
Activity: 2101
Merit: 1061
I am struggling to find if there is a co relation between quantitative easing and the bitcoin bubbles

Did the quantitative easing money flew into bitcoin?

A project where some money was diverted into cryptocurencies

Its an interesting topic for discussion. My feelings are that almost all the QE money is going into stock market and bonds which are really 'paper' assets by which I mean endorsed by banks and governments, and supportive of the fiat ponzi scheme. Any QE fiat that is 'leaking' into bitcoin would be accidental and definatley not intended, same goes for gold and silver of course which are being suppressed as if their lives depend on it. Banks and high finance are still hostile to bitcoin from all appearances and loathe to surrender the power to create any amount of money supply they fancy, which is a LOT. Into the trillions now!!! Will it reach quadrillions? Have you seen the infographics of how big a trillion is?  Shocked

The central banking system as i see it is really a network controlled and overseen by groups like 'The Bank of International Settlements' and the 'International Monetary Fund' which although sound legit and important are really propoganda and used for purposes of repression of the non chosen countries.  Who is really behind those organisations goes into consipricay theory so you are obviously crazy to even mention it! And central banks are nothing more than Inflation machines, backed by an owned media they have people convinced that inflation is necessary. Central banks guarantee to steal 2% per year of your wealth through inflation. But this is a GOOD thing,  to 'help the economy'.

I think the last bitcoin bubbles were fueled mainly by the same old things like human emotion and greed, over enthusiastic spectulators and supported by trading bots. The story of things like Cyprus helps support it but really its greed.  
hero member
Activity: 811
Merit: 1000
Web Developer
Correlation != causation.  But possibly.
Q7
sr. member
Activity: 448
Merit: 250
If there is a connection, does that mean that price going down right now is because of the money being withdrawn back from the market?
legendary
Activity: 1764
Merit: 1002
Of course
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
The market is too piddly and distorted to really be influenced by larger economic factors. If it affects sentiment, then I guess that's just as valid a reason.
hero member
Activity: 770
Merit: 509
Everything is interconnected. We live in a network with endless nodes called money. Assets, fiats, enterprises, printed money by governments, oil.. everything has an impact of each other. Trying to find the exact cause and action in this quantum field is very hard to do.
hero member
Activity: 756
Merit: 502
I am struggling to find if there is a co relation between quantitative easing and the bitcoin bubbles

Did the quantitative easing money flew into bitcoin?

A project where some money was diverted into cryptocurencies
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