I know about half of you think BTC is some scam or something, but it isn't, and it's well on its way to breaking a new all time high. It will get very close to, maybe even surpass $100K per in the next few months.
To those who said the ETF will cause BTC to CRASH... where you at now?????????????
I am just posting this to let people know that I wasn't an idiot, my predictions that you've all roasted me for in the past, is coming true.
To those who still are on the "but muh gold and silver" bus... ask yourself this...
If we are truly going to have a new finance system that takes over the current fiat system... do you really think that new system will use gold? Or something that is actually feasible and transactable globally?
Lets for a minute pretend the power and internet doesn't shut off for a very long period of time (it won't, not globally)... and it is just a normal fiat system crash that happens (much more likely)... wouldn't it suck to be sitting there on your pile of gold, unable to easily transfer it, unable to liquidate it fast, and no actual stores accepting it as payment (because all stores will switch to BTC or something else... not tangible assets like GOLD or Silver... that ONLY happens in a sever SHTF scenario, world ending type scenario). That would suck, wouldn't it?
I say again Bitcoin is the greatest threat to the current fiat financial system, the fed, and government control the world has EVER SEEN. If you actually think it isn't part of the plan, then you are living with a phat blindfold over your face.
I'm not saying to put all your eggs into BTC But I am saying that it is a very good idea to obtain at least SOME btc. If the fiat systems truly implode and disappear... bitcoin will be the only usable currency left. And it will be extremely valuable to the point where you and your family likely won't have to suffer nearly as much as those who thought gold and silver was the way and avoided btc like it is some sort of plague.
This move in crypto is NOT IMPULSIVE move guys! It's B move in ABC Elliott wave pattern. Deep correction which can even fake breakout top. Get out of crypto. Buy DWAC (do you really think Trump's stock isn't going to earn you some money?), GME(probably most profitable) or physical metals. And DRS your shit.https://www.drsgme.org/
Edit: More precisely ABC flat but same story..
You will never convince me that ANY stock is better than BTC.
DWAC is great, but it’s not going to save you when the market crashes and fiat system implodes. Bitcoin will save you, silver will as well just not in as big of a way.
BTC pumped through stablecoins which have totally crystal clear asset backing (cough tether cough)...
This is factually not true.
A very low percentage of the total money in BTC was purchased through stablecoins, and very little of it liquidates through stablecoins as well.
I do know that Tether is a ticking time bomb, but it has no real bearing on bitcoin itself. Yes, when tether goes boom it will hurt the crypto market and BTC price will come down some, but it will be temporary. Just like every other "disaster".
BTC can be viable option in the future for investment. But it shares its movement with stock market a lot. I don´t think market is going to head up right now (except some exceptions mentioned).