What if Bitcoin prices are rigged, too, and are being driven higher as a laser pointer to distract attention / money flows away from gold and especially silver, to help suppress or ‘manage’ the price rise of precious metals? e.g., https://open.substack.com/pub/jensendavid/p/can-blackrocks-bitcoin-etf-shunt
Personally I think Bitcoin is increasing the number of people interested in Gold - Bitcoin has made Gold more sexy to a younger generation. In addition, I see Golds Market Cap going higher significantly which in itself will allow Bitcoin to grow more as well.
The Metcalfe Network Effect on the crypto ecosystem and its viral, reflexive mass psyop effect, particularly to Milennials & Gen Z is a trader's cornucopia, equal to a poker shark eating the amateurs alive. However, in the heat of mass hype (the tulip lesson in "Extraordinary Delusions"), the significant crypto risk signals are drowned out in the mass noise, especially the "non-confiscatable" meme as a value component, nor the false meme that it is anonymous (chain analysis + Quantum = nullification). Another risk: Quantum Q-Bit encryption busting of large nodes creating paranoia and erasure of confidence. And another - Grid Attack. As Vince advised prior, all it takes is a "one time" DNS critical mass event to erase all Belief. In the meantime, enjoy the Big Haul, truly a gasser.
What if Bitcoin prices are rigged, too, and are being driven higher as a laser pointer to distract attention / money flows away from gold and especially silver, to help suppress or ‘manage’ the price rise of precious metals? e.g., https://open.substack.com/pub/jensendavid/p/can-blackrocks-bitcoin-etf-shunt
They are rigged. How I don’t know yet. But for sure.
Thx Vince. Appreciate your time and all that you do. o7
Your thoughts on XRP? My favorite Bankers coin😉
People love it. And it has some good things going for it I understand it as being tied to CBDC type stuff….
But I cannot have an opinion bc I don’t know enough.
Personally I think Bitcoin is increasing the number of people interested in Gold - Bitcoin has made Gold more sexy to a younger generation. In addition, I see Golds Market Cap going higher significantly which in itself will allow Bitcoin to grow more as well.
The Metcalfe Network Effect on the crypto ecosystem and its viral, reflexive mass psyop effect, particularly to Milennials & Gen Z is a trader's cornucopia, equal to a poker shark eating the amateurs alive. However, in the heat of mass hype (the tulip lesson in "Extraordinary Delusions"), the significant crypto risk signals are drowned out in the mass noise, especially the "non-confiscatable" meme as a value component, nor the false meme that it is anonymous (chain analysis + Quantum = nullification). Another risk: Quantum Q-Bit encryption busting of large nodes creating paranoia and erasure of confidence. And another - Grid Attack. As Vince advised prior, all it takes is a "one time" DNS critical mass event to erase all Belief. In the meantime, enjoy the Big Haul, truly a gasser.