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For the BTC Bulls...

It's speculative for people that don't take the time to understand it. For those who do, it's really not that speculative at all. In fact, seems like the only sensible option right now for multiple reasons. It's seen by most people as speculative because most people don't understand it...

Do you own any Bitcoins @wrcmad? Reason I am asking is that, would it not be prudent, at this point in time, to own some Bitcoin as a hedge? Just in case it does begin to catch on? If it turns out nothing comes of it, you've basically lost the money. But that's the point. It basically acts...

I don't think most people realize what is happening. That is, there is a massive land grab going on. Only 21 million Bitcoin to spread across 8 Billion people ultimately. And unlike any other asset, no supply response as demand goes up.

What price is going to make the public freak out and FOMO in? I am thinking 100K is going to start getting serious airtime. I'm pretty sure in the last cycle it was 10K. So it could be a powers of 10 thing.

I don't think people realise he is a bit of a joker. I would say most of the stuff on his twitter is him trolling people.

Let's look at Market Cap and Supply rather than just price. The supply of Dogecoin for example is currently 113 Billion as compared to Bitcoins 21 Million. You can get any coin to a reasonable amount through retail investor stupidity, but once it gets to a certain Market Cap you really...

I don't think intrinsic value means what you think it does. https://www.investopedia.com/terms/i/intrinsicvalue.asp

Back at 1T Market Cap. Hopefully it's for good this time.

I've heard that myself and I'm starting to wonder... It's so hard to know exactly. I first started seeing claims of hyperinflation after the GFC and after 12 years now, it's hard to take claims of it seriously. And yet, there's another part of me thinking that debt levels are totally...

And plenty of people saying stocks are coming to the end of a giant bubble phase (yes, I know, people say that about BTC too). Where do you get the 20% yield from? Did you also know that in the bitcoin world you can get yields of 5% or more. And that fiat currency can get even more on some...

I've said this to a couple of people out there who write financial blogs for a living. And that is, if you are not paying attention to Bitcoin and integrating it into your overall view of the markets, then you aren't going to understand what is going on.

Well, when you are already rich you are probably not that interested in becoming rich, are you? I still feel like these type of people have a responsibility, when they speak, to know what they are talking about or just keep quiet. But that's just my personal opinion. Then again, I also...

I'm looking to put some my superannuation in Bitcoin. I know, should have done this a long time ago, but better late than never, hey? I'm really not that up on superannuation beyond the average person. So not sure if it requires SMSF or if their is a fund that does it or what? Any info or...

lol, I have been censored from commenting on Bitcoin threads on MacroBusiness. Its unfortunate to see. These guys, and Peter Schiff as well, were pretty good around the time of the GFC when there were few non-mainstream voices. But now.... they've just lost the plot.

How Soros broke the Bank of England. Watch it and understand the monetary mechanics. Then you might start to understand that the US Dollar is about to undergo a speculative attack of it's own. And why a whole lot of people are going to join in. Why? Because there is a shitload of money...

It's possible. We'll see. But like I've said elsewhere, I think people put too much stock in Central Bank power. If you think about it, it's been a crazy year so far, and we are only 2 months in. Edit To Add: The central Banks had a lot of firepower at the start of the last decade. By...

Many make the mistake, I think, of thinking that Central Banks are all powerful. That, if they say they are going to hold down interest rates for years, then it will be so. Reality, is that they are just the wizard in the Wizard of Oz, pulling levers. Read the article in the above link. The...

The market. Market participants, I think, are starting to realise, en masse, that the central banks took things too far.

We're in January 1979 and Gold is now Bitcoin And interest rates will have to go up eventually, just like then. The Central Banks will fight, but ultimately lose.