Caution: Do this only if you are betting on Cabal continuing to win
Why do I say this? Because, this whole scheme is predicated on the assumption that the inverse correlation we have seen in the past will continue in the future.
Now, you might ask, why wouldn't that be the case?
Because, simply put, we have never had a free market economy and more importantly, we have had a fiat currency based centrally planned fake economy.
Manipulating precious metal prices is the cornerstone of keeping (the illusion of) this fake economy going. A big part of that is naked shorts, and managing the naked shorts so they have plausible deniability.
The short sell Gold causing it to godown, and take the money and park it, amongst other things, in Crypto - causing it to go up.
As the pressure on the short sells keep increasing, they slowly start buying back gold by selling their cryptos, causing the price of gold to go up, and price of crypto to go down.
A big part of this equation is also the management of the illusion of the lack of hyper inflation as they print more and more dollars. So this cycle is deeply connected to the losing value of dollars as well.
If you are one of those folks, who believe that:
Fed based fiat currency will end and we no longer have unlimited money printing presses
Markets will become free and value of commodities will be determined by pure market forces
Funny money will be removed from the cryptos and that market also will become driven purely organically
Then, no one has absolutely no way of knowing how the market would behave. If you start taking debt and bet on things staying the same, all I can say is good luck, because I for one am sure we will be free.
Came in to say this; it works fine IFF (Mary term for 'if and only if') the pattern is expected to run without disruption. And if you're here in this board, I think you're of the opinion that huge disruptions are incoming, within the next 2-4 months.
The ting is: collaterized bitcoin loans are already here.
Even better: you could take out such a loan against the bitcoins you have at high LTV and then put the proceeds (USDT) into another one, but this one pays itself back in 3 to 4 years. All you pay is some interest.
The paid off loan releases the collateral, with which you settle the bitcoin collateral loan. Fun part: USDT = USDT, so there is no risk of value differential. It effectively means you get your BTC back @ current rate for a depreciated asset.
By then, BTC will have move high up ... big time.
What do you do with the proceeds of the 2nd self repaying loan? You buy BTC or Gold depending on the cycle.
Consider this: Gold will maybe move up to 3000 / 3500/ 4000. So: 25%. BTC however ......
Get paid in BTC either in part or in whole.
Do not use CC to buy stuff. Fuck them. Pay directly into the wallet of the contract-partner. Consider BCH as a starter. For Cafés, restaurants, the cashapp is perfect. And the owner can simply book the proceeds either into the current account against which he is loaning anyway, or consider it a private retrieval. If he wants to pay with it, he should negotiate it, or ... use some platform to exchange crypto for shit-fiat ( not recommended)
Banks and CC companies want you to rely on their services. Crypto is killing them. Help crypto. ;-)
Yes, loans are here. I'm thinking when they are more frictionless and mainstream for US customers. See BYN Melon getting that expemption to hold digital assets. Now extrapolate every bank having that.
Yeah .... the beauty of crypto is: you do not need a bank. Their time has gone.
Banks are the gatekeepers. The eaters fed by our gullibility, and part of a worldwide criminal enterprise, posing in respectable garments, seemingly a saint ,when most they play the devil.
Bitcoin is a commodity, its backed by the mining of real world energy, and its a technology to easily and 100% verifiably convert real world energies into different mediums, for consistent transactional value across space and time like nothing ever before. Get it?
That's exactly why its legal tender in El Salvador to be the public safety net for the coming economic crisis, and all other shitcoin cryptos must register as securities in that country, i.e. treated as scams against the public. They will all go to zero against Bitcoin.
No it isn't. Its not "backed" by the energy used to produce it. That energy is gone...it was consumed in the process and can never be used again...Besides, if that were true, do you really believe it took what $66,000.00 of electricity to mine a single BTC? I don't think so... It's not backed by anything...
Caution: Do this only if you are betting on Cabal continuing to win
Why do I say this? Because, this whole scheme is predicated on the assumption that the inverse correlation we have seen in the past will continue in the future.
Now, you might ask, why wouldn't that be the case?
Because, simply put, we have never had a free market economy and more importantly, we have had a fiat currency based centrally planned fake economy.
Manipulating precious metal prices is the cornerstone of keeping (the illusion of) this fake economy going. A big part of that is naked shorts, and managing the naked shorts so they have plausible deniability.
The short sell Gold causing it to godown, and take the money and park it, amongst other things, in Crypto - causing it to go up.
As the pressure on the short sells keep increasing, they slowly start buying back gold by selling their cryptos, causing the price of gold to go up, and price of crypto to go down.
A big part of this equation is also the management of the illusion of the lack of hyper inflation as they print more and more dollars. So this cycle is deeply connected to the losing value of dollars as well.
If you are one of those folks, who believe that:
Fed based fiat currency will end and we no longer have unlimited money printing presses
Markets will become free and value of commodities will be determined by pure market forces
Funny money will be removed from the cryptos and that market also will become driven purely organically
Then, no one has absolutely no way of knowing how the market would behave. If you start taking debt and bet on things staying the same, all I can say is good luck, because I for one am sure we will be free.
Exactly
Came in to say this; it works fine IFF (Mary term for 'if and only if') the pattern is expected to run without disruption. And if you're here in this board, I think you're of the opinion that huge disruptions are incoming, within the next 2-4 months.
The ting is: collaterized bitcoin loans are already here.
Even better: you could take out such a loan against the bitcoins you have at high LTV and then put the proceeds (USDT) into another one, but this one pays itself back in 3 to 4 years. All you pay is some interest.
The paid off loan releases the collateral, with which you settle the bitcoin collateral loan. Fun part: USDT = USDT, so there is no risk of value differential. It effectively means you get your BTC back @ current rate for a depreciated asset.
By then, BTC will have move high up ... big time.
What do you do with the proceeds of the 2nd self repaying loan? You buy BTC or Gold depending on the cycle.
Consider this: Gold will maybe move up to 3000 / 3500/ 4000. So: 25%. BTC however ......
Yes, loans are here. I'm thinking when they are more frictionless and mainstream for US customers. See BYN Melon getting that expemption to hold digital assets. Now extrapolate every bank having that.
Yeah .... the beauty of crypto is: you do not need a bank. Their time has gone.
Banks are the gatekeepers. The eaters fed by our gullibility, and part of a worldwide criminal enterprise, posing in respectable garments, seemingly a saint ,when most they play the devil.
IF BTC isn't backed by squat THEN
We're no better off than what happened in 2008
ELSE
Buy actual commodities instead, that by default have intrinsic value
END IF
Bitcoin is a commodity, its backed by the mining of real world energy, and its a technology to easily and 100% verifiably convert real world energies into different mediums, for consistent transactional value across space and time like nothing ever before. Get it?
That's exactly why its legal tender in El Salvador to be the public safety net for the coming economic crisis, and all other shitcoin cryptos must register as securities in that country, i.e. treated as scams against the public. They will all go to zero against Bitcoin.
No it isn't. Its not "backed" by the energy used to produce it. That energy is gone...it was consumed in the process and can never be used again...Besides, if that were true, do you really believe it took what $66,000.00 of electricity to mine a single BTC? I don't think so... It's not backed by anything...
Seems complicated at first, but it really isn't. Take the time to understand.
What's the time frame? One year or 18 months?
Each column is 1 year. 4 year cycle.