Ex-Prudential CEO says MASSIVE amounts of money will flow into Bitcoin in September!
Ex-Prudential CEO says MASSIVE amounts of money will flow into Bitcoin in September!
madfranks (17th August 2020)
USG holds about half of them.
I was listening to an interview over the weekend. I guy was talking about having his bitcoin seized by the feds. He won his court case and the bitcoins were to be returned. The guy said he got 9 of 10 back and the feds said to prove that the last bitcoin was his. Dude said he tracked from his wallet to a special fed wallet that held about 6.4 million bitcoins.
Any truth to this?
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H.L. Mencken
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H. L. Mencken
Thanks for sharing! In a nutshell, with all of the money printing and loose distribution of hundreds of billions of dollars to people who are already wealthy beyond measure, those rich folks will need somewhere to park all their new money, and he sees bitcoin and cryptos being a target for this liquidity spilling into the crypto market. I wonder if this'll mean six digit BTC?
"Liberty is so creative, and the government is so stupid, that I’m very optimistic about the future"
- Lew Rockwell
"Liberty is so creative, and the government is so stupid, that I’m very optimistic about the future"
- Lew Rockwell
Shami-Amourae (17th August 2020)
I think it's realistic Bitcoin will 5 to 50x in the next 1-3 years.
If there's any truth to the Stock to Flow chart:
https://digitalik.net/btc/
...or the Rainbow chart:
https://www.blockchaincenter.net/bitcoin-rainbow-chart/
Neither of these account for the pandemic/money printing, which mean prices could go even higher, and faster.
madfranks (18th August 2020)
Tulip bulbs. Watch em multiply!!!
"Liberty is so creative, and the government is so stupid, that I’m very optimistic about the future"
- Lew Rockwell
ziero0 (18th August 2020)
midnight rambler (18th August 2020)
midnight rambler (18th August 2020)
I don't buy palini's claim that BTC is equivalent to the tulip frenzy. A very simple understanding of the value that BTC adds to a digital economy should be enough for any reasonable person to see this. There is value in BTC, if you don't believe me, ask all the people in Venezuela using it to survive as their government money has become worthless.
"Liberty is so creative, and the government is so stupid, that I’m very optimistic about the future"
- Lew Rockwell