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VLOG 66: SIMPLE FUNDAMENTALS DRIVING BITCOIN PRICE



KUCOIN: https://goo.gl/izxVcj
BINANCE: https://goo.gl/JHV67b
DTUBE: https://goo.gl/vv4eMy
BUY BITCOIN: http://bit.ly/2Cxqxwn

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8 comments

  1. Vention1MGTOW 14 January, 2018 at 10:55 Reply

    Man! I had to restrain a shout of exaltation at work yesterday. I turned on my phone and saw bitcoins were over 900 dollars! The shout forced it's way out as sort of a strangled croak. For three years now I've been living with a vision of how bitcoins will react during the next big financial crisis, like silver did last time around (only more so). I can see it clearly how it will take off when the next big round of bank failures and bank bail-ins roll around. I've tried to share the vision and bring people along with me on this journey but people mostly just laughed at me, treating me like xador from Mork and Mindy (LOL) so it's been a long and lonely journey. I've managed to bring some of my fellow MGTOW into bitcoin over the last couple years but only a few of my fellow mechanics have joined in. I brought as many people as I could along for this ride but I can't save everyone. The rest will just have to be left behind.

    Now "for the first time in forever" all my bitcoins (including the ones I bought in 2013 when the price was coming down after the big run-up) are now above what I paid for them. I've been waiting years to see this day and now that day is here!

    2014 was a hard year for me. I saw the potential of bitcoin and how it could save people's asses during the next big round of bank bail-ins, how it can resist judgements from the family court, and how it's immune to capital controls and I developed a zeal as great as some of those southern baptist preachers. I cut my spending back till it hurt and I bought bitcoins every month, even when every month or two the price would get slammed down yet again. I was starting to lose my enthusiasm as 2015 began. That year long down trend was really starting to damage my faith. I got my second wind when the down trend ended in 2015 though. And once the uptrend in late 2015 began I started to get some converts. Lol.

    2017 should be a very exciting year for us. Bitcoin is going to get more popular and big money should start moving in. I just hope enough big money comes in so that it will be in their best interest to prevent government from screwing with bitcoin the way they're screwing with cash. If that happens we should be ok. Then 2018 should see some dramatic gains in bitcoin as the financial crisis really hits, and then in 2019 the recession should bottom out and in 2020 we should be in a nice economic recovery. That should cause the silver price (which should peak in 2019) to start into a down trend, and bitcoin may have a pull back around then as well. We'll have to wait and see how bad it will be. The rising stock market and real estate prices should pull money out of the alternative investments where money will have been hiding and move into other investments so I'll have to be alert for a down trend right about then. But congrats to everyone who has had their belief in bitcoin vindicated. Taste the vindication! LOL!

  2. ReignOfPraine 14 January, 2018 at 10:55 Reply

    Dude that raise your hands segment was brilliant. Well done, great vid. Never gonna sell my BTC, if it crashes it just means I can make larger portions of it when I trade, it's all good.

  3. Dock of the Bay 14 January, 2018 at 10:55 Reply

    The Chinese are driving the price up! Bitcoin is not a bubble or a currency, Bitcoin is our future. Gotta think like George Jetson and consider Dick Tracy's watch phone. Merry Christmas!

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