InvestorsHub Logo

madcasper

01/07/20 10:53 PM

#42960 RE: chrispy2468 #42959

I read that China rolled out the first of their digital currencies this week. coincidently that started the major move in cryptos. the run of 2017 seemed to be fueled by world instability at that time Syria and the war of words with North Korea. it is rumoured that sanctioned countries are using crypto to alleviate the strife of these US actions. while this may temporarily inflate cryptos it could also inspire political wrath. lastly it has been rumoured that Russian oligarchs are stashing away Bitcoin again to protect assets from sanctions. this and the fact that Russia has developed their own intranet as a safety precaution may insulate Bitcoin from a world bank attack. if tshtf and nations were forced to bug out it is reasonable to assume btc would be easier and much safer to transport than gold or silver. some say the halvening has been factored into price I disagree but traditionally the halving inflates price well after the event.

INTV!!
jmo
quantitive easing or bank repo funding is said to be at near a trillion US dollars to date this is not slated to end as far as I know and is a form of dilution. and as we here know dilution sucks and has adverse affects eventually. this may also push large holders of cash toward btc if it is felt to be a stable alternative.