Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 6631. (Read 26730828 times)

A shitcoin that rests on violent coercion to maintain its value. Bitcoin has never used threats of violence or imprisonment to encourage its adoption.

Man I’m regretting the fiat rainy day fund I have right now.  Fiat is the real shitcoin.  

on finex there was a $2k drop all the way down to $22800.

Oh noes!

Is Bitcoin dead?

 

poor mindrust...  

another reason why we are winning:

the gov and central banks have over the last decades drank their own cool aid when manipulating the CPI in a way it never shows the real inflation. it is a basket of things one might need of stuff that gets cheaper and cheaper to produce. why did they try to make it look as if there is no inflation? obviously their mental framing was something like the french revolution, where bread got so expensive the regular folks started to starve and overthrew the feudal order.

they dont want the general public to see the real inflation. they were successful in finding a way to do this. too successful. the inflation they say does not occur while printing trillions of $ did not go into the CPI basket. it went into assets. valuable assets, scarce assets are getting expensive faster and faster. asset price inflation is here and it is real. central banks and gov thought it would be ok to let the rich "suffer" from asset price inflation since the rich aint gonna take pitchforks and protest/overthrow the order. that is a correct assumption. but what they did not see coming, what no one saw coming was that the rich are not stupid and will just sit there and get value stripped away from them. the rich have an alternative now and it is called bitcoin. they will opt out of fiat to keep their riches.

with preventing inflation for the plebs so successfully the gov and central banks created an incentive structure for the wealthy to leave the fiat game. and the wealthy will always find ways to get their cake and eat it, too.

the pitchforks are no danger. the fiat alternative is.

edited typos

Meanwhile Greyscale added yesterday another 9 600BTC to their holdings, making a total of 607 270BTC. In the last 4 days they added 34 630BTC, which is by far the best record in their history!  

https://www.bybt.com/Grayscale

^THX for the post
exciting times for those to

6K difference

Most important .25 HODL-stash to be added or not

Breaking 24777$ prediction game


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05/02/2018 itod
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