I gonna make a bold call now and say Bitcoin and other altcoins are seen as safe haven asset.... I am not seeing traditional safe haven assets like gold, silver and yen seeing significant inflow if we look at it from a historical point of view..... lets take 2012 & 2013, in 2012 gold baseline was around was 1580 and had a high of 1760, its no where close to that, so its not seeing that kind of money coming in. 2017 could be seen as the year of uncertainty, with the Trump trade paralyze and the political chaos taking place around us, it isn't reflected in Gold. Qatar situation is terrible, its stock market, bonds are plunging as the situation plays out. Saudi recently revoke their airline license. Just last night, within 24 hours some 7.2 billion US dollars were pumped into cryptocurrency lifting it above 100 billion cap. This year 2017 has been bitcoin best year on record, its up 2, 084.34 (357.51%). That's an incredible growth and inflow. We haven't even touch the other altcoins, so I am making the case, Bitcoin and altcoins are seen as safe haven asset. Keep an eye on the UK election and the Qatari developments an you would easily see Bitcoins and altcoins blow past their historic highs and sustain it.
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Agree with this obviously. I do have worries though. Always second-guessing, even in this! I worry about government intervention in our little world. The reason I worry about that is because I have studied the history of our previous century. Governments will not give up their power without taking many of us down with them. It is now a matter a public record that the US government tortures its enemies. It is also now public record that US will even murder someone on the streets of Washington DC (Seth Rich) if they cause problems for the wrong people. They will NOT just say.. "OK, use Bitcoin and screw the Dollar if you want, and yeah complete transaction privacy is fine too"... Nope. Not gonna happen. So..what will they do? Based on how they took down Occupy, I have some clues...likely I will write an article on that for one of my first Steemit submissions :-)