Posted on 04/12/2021 11:39:19 AM PDT by aMorePerfectUnion
In its latest monthly “Crypto Outlook” report, Bloomberg outlined the “rising bitcoin adoption tide” with some bullish sentiment.
On April 6, Bloomberg released the April edition of its monthly “Crypto Outlook,” in which it outlined the bullish narratives around bitcoin and the burgeoning industry surrounding it. The report was notably bullish, particularly as it came from a reputable legacy firm in the financial and media industry.
Exerpt summary form: “Indicators Point To Rising Bitcoin-To-Gold Ratio” “Bitcoin Replacing Old-Guard Gold Is More Sudden Than Gradual “Digital Vs. Analog: Bitcoin's Upper Hand” “Few Signs Of Bitcoin Holders Looking To Sell” “Bitcoin Rhyme With 2013, '17 Peaks About $400,000”
If YOU would like to be on a CRYPTO PING LIST, please pm me.
The Crypto Ping List covers the following:
Bitcoin
Ethereum
Other coins built on the Ethereum blockchain
mining
etc.
Thanks! For it - or ag'in it, it'll be a wild ride.
Gold and silver are certainly down today. Silver is still up significantly from last year, but gold is roughly where it was.
I’m taking some bitcoin gains and moving into metals. When the SHTF, bitcoin may not be accessible.
Most of my crypto is with Bitcoin.
But I also am invested with Algorand, Etherum, Litecoin and Orchid.
Hoping these low value coins blow up like Bitcoin did.
I'm 'AG-in' it. AG, as in Silver.
Now would be a good time to trade in BTC for AG. Physical AG. Or, you might wait until BTC hits $400k....
Get in on the ground floor big time with Griffinbucks.
Fools urgently needed.
There are more and more stories like this. The billionaires are getting ready to fleece the sheep. I would get out the minute BTC hits $74K.
I’m taking some bitcoin gains and moving into metals. When the SHTF, bitcoin may not be accessible.
____________________________________________
If bitcoin is not accessible, it will be as a result of NO INTERNET.
If that ever occurs, we all will truly be in a world of bleep. Even those who physically hold gold or silver.
Or zero.
Or both.
Bitcoin is Schrodinger’s Currency.
Have you ever seen this link. It came out during the credit crash about 12 years ago.
https://grandpappy.org/eonehour.htm
I just found out there is a part 2, which is about six years old.
https://grandpappy.org/eonehou2.htm
“The one hour meltdown”
And will remain so, as long as COMEX has the power to set the price to cover shorts. They have the power to momentarily set the price to $0, if they felt like it, for a transaction.
COMEX is getting squeezed, and when that climaxes, AG will move to its proper market level.
Dollar to Silver ratio NOW, $5153/ounce (US Debt Clock for metals)
True, but if the grid does go down - the US Dollar also wont be worth jack.
That really would not matter - even if you could bring down the world’s grid.
The blockchain resides on computers whether they are plugged in or not.
Even whether they are connected or not.
When electric is up and the internet is on, it all connects and is verified.
#metoo!
Personal opinion: I own metals and bitcoin as a hedge against the destruction of the dollar and other world currencies.
So I’m with you.
Consider exiting prior to it hitting $66.6 K.
Don't think there's much time to trade between that number and any higher number.
Yes. That’s why I’m diversified in food, ammo, booze and other forms of currency for a Venezuelan style democrat “utopia.”
Don’t forget your Precious Metals.
Gold, Silver, Brass and Lead.
This Dutchmen is a tulip bulb.
It is a living thing.
And with just a little work it will produce bulblets.
And with a little more work, the bulblets will grow into bulbs.
And so forth.
This tulip bulb is a living money making machine.
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