bitcoin is a SCHEME to scam people from buying pms.
I am down 55% on my Pms holdings. Bitcoin I am 50-60% up.
Metals are always manipulated and people have been saying for years that silver will be $100 per oz or $500 per oz. I wouldn't believe Shiff, Maloney etc too much. The only reason I won't sell mine if because I am so down on my investment.
Who knows what it would take for especially silver to go up. A miracle?
they have you right where they want you atm. your thinking your PMS are a bad investment and that bitcoin is a good investment. they would love if you sold your PMS and bought bitcoin. because when the collapse occurs and the dollar is finally toast, then a reset can happen. the reset happens on the big block of cheese day when all usd in bank accounts is frozen and bank bail-ins start. the usd cash you have now will need to be turned into the new domestic dollar. this will happen automatically to your cash in the banks. all usd will lose about 70% purchasing power during the currency exchange. meanwhile, PMS will reset at multiples higher value. i am not sure what happens to bitcoin. it could die altogether. they suck people into a currency that they can devalue quickly. bitchcoin fits this well.
BITCOIN is a bigtime SCHEME: two reasons why bitcoin pumped later 2015
1. Marshall's Auction = US GOVY USD PROFIT
2. desperation for new user adoption.
they pumped it too early. now they have to go sideways above 400 for months. the halving is still six months away. if there is a new adoption frenzy buying it will happen closer to halving. it aint gonna matter cuz they can't get their 'sanctions' code in without the entire world knowing about it.
like Bill Holter said yesterday: there is no rational reason for why the fed raised rates.
something is up. we may be closing in on crunch time. some have speculated that the fed is pulling the plug on the usd.