lol schiff, maybe he should ask his son https://cointelegraph.com/news/peter-schiff-s-son-moves-100-of-his-portfolio-into-bitcoin when bank accounts start to get closed because of political views, i wonder what people will use instead?
Said it before, and will say it again. The Schiff's have a LONG history in money markets. They are not to be trusted at all.
Central bank calls on India to ban cryptocurrency The deputy governor of the Reserve Bank of India compared digital currencies to a Ponzi scheme https://www.rt.com/business/549499-central-bank-cryptocurrency-ban/
The central banks dont want competition because they know they will lose that game haha. Even if they try to outlaw it it will still be there same as when gold is outlawed but they like treating people like small children. Besides that the black market only makes things more valuable.
Central Banks and Cryptos create money out of thin air, so they are both Ponzi schemes, no wonder they hate the competition between themselves! Gold and silver and the other precious metals on the other hand are created out of blood, sweat, and bloody hard work at the mines. If you are a self-respecting individual, which of these would consider real wealth worthy of your hard-earned money?
Cardano is talked-about a lot lately. Many are expecting it to shoot up this year. The founder (Charles Hoskinson) has held a long self-promotional speech yesterday (not sure what about). If I know well, then Ethereum has no cap. And if it has no cap and went to 4,000+ $, then why couldn't Cardano hit through 100 $? Perhaps several of the most underrated coins with potential (serious and ambitious projects) include: Cardano, Raven Coin, Stellar. Never buy Hex. Just look at the founder. It's a "Snickers"-category coin. Shiba Inu is toilet paper.
The only logical outcome of failing to differentiate between a Ponzi and the network effect is that gold is a 5000 yo Ponzi scheme.
something something, probably nothing https://panteracapital.com/blockchain-letter/the-next-mega-trade/
Elliott Wave requires the 28 k to be reached and, to reach even lower levels. So: 10 k Bitcoin coming soon - in my opinion! Then, I think the next bull market will push many small coins 10x-100x-1000x higher. Big bucks will be made on those SMALL coins (currently trading <1 $). Watch out for those, but only for the serious ones. I am one of the believers who thinks than Cardano can land somewhere in the 100-1000 $ range. It seems like a better alternative for Ethereum. I don't understand people's obsession with Bitcoin and Ethereum. It's the smaller coins that will make the big bucks. As it generally happens.
TA is not foolproof, especially in the absence of fundamental analysis in relation to market cycles. There you go.
lets have a little look at gold vs bitcoin chart, im sure the trend will reverse any day right? right?
Perhaps BitTorrent and Raven Coin could gain 10-100x. Cardano and Stellar might also score higher. ...only during the next bull market. This could take 1-5 years. For now, I think we are looking forward to a bigger dip. Yes, I think it will go down to 28-30 k. Or lower. But this is what many people actually wanted, right? So, more buying opportunities will come this year. Why cry, when you can buy? The "fear and greed index" is very interesting and useful, because the index does indeed corelate with earlier movements in Bitcoin's price. Many are discrediting this tool, which I find very interesting - it has proven its efficiency. Just check back and you'll see. And because the markets are being moved by fear and greed, then this is a very useful tool - besides checking the price of Bitcoin, this is one of the main tools anyone should check from time to time. Of course, it is only useful on the short time. For instance, now is a very bad time to buy. But when it turns very strong green, you will not know how long it lasts. And, by the time it turns green, it will have been too late to get in. Greenish yellow is the most promising for those who want to invest.
