Bitcoin (BTCUSD)

[trunkmonk]

BTC loving bunch know nothing other than push and market someone buying more, they dont have a clue how complicated the world of money is, debt bonds and gold are the only way to make it work, there is 600T worth of it out there, the system will have no confident, it would be the deepest world depression of all time if they put the world at the mercy of M Saylor and his band of Marketers to guide the price. the world would collapse. countries dont trust the dollar, nor should they, healthy competition makes for better decision making, BRICS is the beginning of alternative currency through hand or crypto coin exchange, when its supported by gold, it can and will be trusted. If the US wanted to balance their debt, gold would just need to be 33k, If BTC wants to go along with reality instead of black market use, it will be based on gold too. BTC needs stability in pricing, not fantasy pipe dreams of making individuals rich money while the world crashes. some will never understand, which is ok, they have nothing to do with anything but their greedy little wallet. I get it, i want BTC to stay up where its high was, then watch gold go there too. But that aint what a handful of non GDP producing wallets want. FYI its funny listening to them, the wealth they have in BTC is only wealth based on the very dollar they hate. lol