Danger Signs, Markets Peaking
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This Russian interference story in Britain is an attempt to nullify the Brexit vote. The outcome did not go as planned, they pulled out every stop before the vote. Then Parliament had to vote on the referendum....remember that one. Now the Russia narrative. What a perfect ruse.
The West has gone insane. Don't know what else you can call it. Teresa May's speech at the Lord Mayor's dinner was proof. I couldn't stomach the whole thing.
And what about the Orange Buffoon on the otherside of the pond! And old drunky Juncker in Europe... What could go right?
FOR THE BITCOIN INTERESTED GUYS:
I've got a question - may sound dumb. If the Bitcoins mined will be limited to 21 million, how does that create more demand, pushing the price higher - to maybe $7-figures each?
Wouldn't all the now little crypto's take up the slack in demand, making Bitcoin more reasonable (expecting that other crypto's will catch up with the technology and blockchain offerings)?
Also, did you Coinbase users get the email on the "fork" incident?
Anger should be slow to rise, but when it’s justified, it should.
Bitcoin’s value is the acceptance by the population; compare it to email. When email first became available and you were the only one on the planet with an email, the value of your email account would be zero. However, when one more person has an email account you can talk to each other and now the value of your email as increased when I00%. Imagine 2,000,000,000 to 3,000,000,000 people across the planet using email as is today. Now the value of email is very high; this is what’s happening with bitcoin. It’s is in the very early stages as email was many years ago in the early 90s. By fall of 2018 you will see a bit coin price north of $25,000 per coin. Those that sit and watch the train go by will be desperate wishing they had jumped on the onboard went was very very inexpensive.
Bitcoin is more like the Internet itself though. It’s money for the Internet. The Alt-coins that you see now north of 2000 globally, are specifically designed to serve a certain purpose. Many of them on won’t last just as many start up companies the 90s During the.com boom. However someone make your fortune!
Coinbase update: yes I received it. Just part of the pains of growing a company. Nothing to be paranoid about.
Speaking of mr. Celente's appearances on RT: according to Soros-sponsored NGO named European Values, Celente is a "Kremlin's useful idiot" because of that. They even compiled an Excel table with other 2300 such "useful idiots", which you can dowload here:
And here is a rather amusing commentary on the matter from Globalresearch.ca:
There are more strange connections and speculations coming out about the Las Vegas shootings and the connections to the Saudis...
Bitcoin bring accepted by the business community:
When this occurs Amazon will follow and Bitcoin will double overnight in value.
Screwed the middle class and the seniors
But, what I'm saying is that when all 21 million Bitcoins are owned by institutions and people - then what will happen to demand?
Long run - A finite quantity that people put a value on now - wouldn't it necessarily fall out of favor once the 21 million are exhausted/owned? Because not everyone would own some or enough...and as a currency, wouldn't there need to have more than one currency to meet the needs? (Am I over thinking this?). At the current price of one Bitcoin, not many people will be able to own it. (Only 3% of people own any now). How could we ever use it as a "currency", like the dollar? Is that the goal?
Like metals - they have a potentially finite supply - but we easily overcame that obstacle - we just print money instead because that printing machine won't dry up. haha
Gerald, you are a wonderful, funny, enraged/outraged, true, geniused, compassionate/loving human being! I love you! Infinite blessings to you.
When all BTC are mined the crypto currency system will be fully adapted by society (Globally). Alt coins will be used to address the needs of people and industries throughout the world on a needs basis. Your not overthinking it, you just haven’t put the pieces of the puzzle together yet. Keep educating yourself on crypto currencies.
Thanks! Screwed TMC