It must be agonizing for you guys to watch everyone else getting rich from the stock market and the crypto pump. Good news is, it's still not too late to get into the bull run. We're only getting started, and with the vaccine, gold will most likely stay under $2000 for the next 12 years.
Luke Cook
Bitcoin is going to zero when fiat ends. When Russia and China dump the dollar, they will demand payment for their goods in gold, not Bitcoin. And as we have an enormous trade-deficit with the eastern countries, that is what we'll have to pay them with in order to get the things we need and want.
Bitcoin was created by Adam Back and Blockstream to be a diversion from gold and silver. It is propped up by the scam of tether, just as the stock market with its 1000 P. E. Teslas is propped up by the scam of Q. E. Both will collapse when the dollar collapses.
Even gambling on BTC is completely pointless (not to mention immoral, since you support a ponzi scheme) when the junior miners are going to go up 100s of times. They went up 150x when silver doubled, and it is not unreasonable to suppose that, in this PM bull market, silver will go back to its inflation-adjusted high of $950 in terms of purchasing power (so if silver is going 40x, imagine what that will do to the mining stocks). BTC already has a $400 billion mcap; the upside potential is a joke. Most of the silver juniors are still at sub-$100-million mcaps (e. g. ) Dolly Varden) and some are sub-$20-million (e. g. Klondike Silver).
>Bitcoin is going to zero when fiat ends The point of bitcoin is that it isn't the same as fiat, its finite
Easton Foster
Somebody would have to be so foolish or ignorant to buy BTC now. "I'm going to put $1000 dollars in, and if it goes to a 1 trillion mcap I'll make $2000! What a gain." When you have the prospect of Klondike Silver or CCW or DV going up, not 100s but even 1000s of times. As soon as the dollar gets dumped, or tether gets exposed, the rug will be pulled out, and BTC will go to zero. Why take the risk?
