Topic: -- The Riddle of the Twin Brothers - Who Were, Are and Will Rule the World! - page 235. (Read 383560 times)

Some of you have been asking for this for a while:  boom!


Vlad

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The on-demand instant confiscations will be a shocking experience for those who believe in the decentralization and democratic nature of Bitcoin or in fact of any other crypto currency.

The Greek and Cyprus government have started that confiscation already and - as Armstrong points out - this will be the norm in all developed economies. Bitcoin and crypto currencies in general are a god sent gift to government to implement the confiscation. But you know this better than anyone else here, you have been telling this for long here :-)))

Yeah, and banks/corporations access to your data for ultra direct tailored marketing anywhere you go.  You'll get a bonus [Jack Daniels and condom offer] on your phone Friday night based on a terrible mistake you made the previous Friday.  lol

And the bail-ins and on-demand instant confiscations, my oh my, people are gonna dream of that evil paper money they used to once hide under their mattresses.  

Vlad2Vlad is correct, the whole crypto currency myth about decentralization, anonymity and the rest of nonsenses will be exposed very soon when the government and central banks will take full control over the process. By the way, that's Marty Armstrong's opinion as well on crypto currency: it will be only allowed to exists if it can be controlled by TPTB.

Precisely, it provides law enforcement and tax collectors with the most efficient and convenient tool to keep the eye on the whole society.

All govts and corps are gonna use crypto, they have so much to gain, especially via the coming blockchain identity systems.  Nobody talks about that but that's probably the top 3 reasons why they desperately need Bitcoin/Crypto to make it.  Blockchain ID systems are massive on multiple levels.

ETH has a future at least short term.  I've always said that.  NEU should blow up too in the coming months, more than ETH in my opinion.  Spread the risk and remember IXC is very high risk, but if I'm right it will beat Warren Buffet's returns. 

Now the hottest coin in crypto is ETH. I saw a report that banks are testing using Ethereum blockchain. It looks like banks are going to incorporate crypto into their business.

Now the hottest coin in crypto is ETH. I saw a report that banks are testing using Ethereum blockchain. It looks like banks are going to incorporate crypto into their business.

hit the reset button
so what is the new money?
crypto, and it is more than just BTC

Wait for it...


LONDON (Reuters) - "World stock market losses are approaching $8 trillion so far this year and investors last week poured the most money into government bond funds in a year, suggesting they fear the global economy could tip into recession, Bank of America Merrill Lynch said on Friday."

----

So in 1 week we went from ~$3 trillion to $8 trillion market losses.

Consider the January effect and its predictive nature. 


'Cataclysmic year'

China is accepting Factom and its clone.
FCT was recently listed in China with high volume and ETH was listed yesterday in Yunbi. Looks like China is not going for the merged mined coins.

China is accepting Factom and its clone.
FCT was recently listed in China with high volume and ETH was listed yesterday in Yunbi. Looks like China is not going for the merged mined coins.

I think they'll use a few merged mined coins for different niche markets and IXC will be one of them.  No hard facts just a [high risk] guess.

I don't understand your first question.  How long until Bitcoin price peaks?

It's so hard to say, economics is a complex machine and Bitcoin will involve many variables consisting of many government and central bank policies.  Mass media pump and human psychological reaction and adoption is also hard to predict with timely accuracy but I think it's gonna be unworldly and soon (2016, max 2017).

Looking at the incredibly unstable state of geopolitics and economics I would say 2016 is gonna see the massive economic collapse and global chaos I expected last fall.  If/when that happens Bitcoin will explode, it will go Atomic.  But Sidechains have to be put in place beforehand Since Bitcoin simply can't handle the volume. 

So I expect to see 3-5 Sidechains to be bolted onto Bitcoin in the next 3-6 months.

As for peak price, hard to say with such massive deflation coming and then massive inflation.  But in nominal terms I think Bitcoin has a 50% chance of hitting $1,000,000 and I think $100,000 per coin is a near guarantee (in the next 2-3 years).

The banks, Wall Street and high frequency traders are gonna [completely] take over when the run starts.  One primaney goal is to shake out all the early adopters first. 

Be prepared for lots of head fakes and massive volatility with huge ups and downs.  If you wanna trade then hold on to a core position or you'll be stopped out of your coins before the "real" run and you won't have a chance to get back in.

Good luck!