I know theirs some fuckery behind it but where's the discussion at? When do u think this bubble will burst?
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What is interesting is that the COMEX siloed casino is in trouble. The main idea behind the casino is that the price of gold and Silver can be controlled through paper-trading.
However, since 1-1-23 buyers can siphon off gold through the backdoor due to the implementation of NFSR compliance. Meaning: While the fed is manipulating the price of PM down, other players are buying their asses off against low prices.
While the demand for PM is going through the roof, money is drained from there into .........
You guesses it: Crypto. Think Blackrock ETF.
So, in essence, in terms of competition, Crypto looks more and more interesting alternative to fiat currency. And there is more to win. Hence the inflow, hence the upticks in value.
Be mindful! Those players on the COMEX who successfully (95%) were winning out against others, are now moving into a different playground, BTC is the obvious, ETH also.
My guess is, that now the game is not so much to limit the price, as to explode the price (pump) and then ....dump that leaves you with [ ]ump. Of course, you may infer a gr or tr.
Oke, all joking aside, be mindful of volatility. The reason is simple. Crypto is a very very interesting alternative to the banks. We do not need banks. We do not need them.
Hence, the banks and government going hand in hand with trying to convince you to buy into a CBDC. Of course, in the US, UCC will be used to make it so. In the EU, very simply, a mandate coupled to a digital-ID. Without it, you won' t be able to access the internet.
However, if you want to tip your toe into the crypto world evade central exchanges. Yeah, yeah, yeah. They make it easy with their on and off ramps to exchange fiat into crypto. However, they represent the antithesis to what crypto is supposed to be: de-centralized.
On top: centralized exchanges can be made to dance to the .gov tune.
So: de-centralized exchanges are the way to go.
You need 4 things:
And if you really want to make a difference, and profess faith in the idea of crypto: consider to: