Bitcoin is an invest not a dollar alternative actually, till people convert it in dollars it will stay a good invest but nothing more. Im pretty sure the 5000 will happen soon.
I agree, we haven't seen nothing yet Greg. As cash looks for a safe haven I seen it flooding into BTC and to the moon it goes. Silver is on sale and BTC is going to the moon. Keep stacking the dollar alternatives.
How about Ethereum & Litecoin? Is there a better way to store Crypotos? Is Coinbase safe, to store, or is there another, safer way, offline? Thank You, Gregory.
Hi Greg, I think I heard Peter Schiff say that you will be able to buy real physical GOLD with BTC through Gold Money. Have you heard anything on this ?? As always brother...you do a FANTASTIC JOB at keeping us all informed. Thanks and keep on STEEMIN!! Upvoted. :C)
I would stay away from Goldmoney. The original Goldmoney used to be a great company. Under new management it is a company that lacks vision with frequent and sudden changes implemented without clear communication towards customers. Over the last year their stock price dropped by almost 50%! (TSE: XAU) A successful company would not see such an action in their stock kprice.
well it's all an incredibly exciting (& electrifying) diversion as the world plunges headlong into deep climate change. Let's hope the mining rigs don't get too hot ! long live bitcoin and here's to a 50k price in 2018, quarter 3 or (4)
the gif is an original by me / mine but nobody owns that storm !
yes u was right ans i also think it will go to $5000 its market cap really goes to its high sir if its goes to 5000 then whats the next traget of btc @greg sir
I believe Greg is correct. Clif High reports 1 bitcoin will be $14,000 sometime next year.
If you put Clifs forecasts together with Martin Armstrong's forecasts you can see $14,000 for 1 Bitcoin is not fantasy.
Martin Armstrong— ECONOMIC CONFIDENCE MODEL
From an economic viewpoint, the economy turned down Wed. Sep. 30, 2015 on a global scale coinciding with our Cycle of War on the international model.
We should see the economy turn downward into a steeper recession moving into Tue. Oct. 24, 2017, which is the next turning point on the Economic Confidence Model followed thereafter by Tue. Jun. 12, 2018.
Caution is advisable for it appears we should see an overall recessionary trend emerge on a global scale this time.
The critical political target on our Pi Model will be Mon. Oct. 22, 2018, where typically important political events unfold. Overall, this economic decline should continue into the next low of the Economic Confidence Model which will be due on Sat. Jan. 18, 2020.
Bitcoin started absolutely blowing up recently and I can't believe it has already reach $3300
The markets are looking healthy and stable with more and more money being pumped in
It's only a matter of time before it hits $5000
Bitcoin is a fiat currency. It is not money. We only hope it will destroy the central banks and their policies of fraud and debt. But at the end of the revolution, bitcoin is only a currency and has no intrinsic value. Gold and silver are money and have value within themselves.
I don't disagree with you that Bitcoin can make the credit side of your books look wonderful, but I am sticking with some of your other great advice, to wit; GET YOUR HANDS ON ALL THE PHYSICAL SILVER YOU CAN!!!
Well then by that definition, Bitcoin is not a currency at all. For it to be a currency, it would have to serve as money and be redeemable for the money.
Who's money is it redeemable for and what is the standard unit of value of that money? And where can I go to redeemit at? Maybe it serves as a currency in some country, I don't know, but the county tax collecter does not accept them for payment here in California. They do accept federal reserve currency as well as lawful money.
You can't pay the tax collector in money either you can only pay in fiat currency. I bought some silver from goldsilver.com with bitcoin, so it is redeemable for money(gold and silver).
Actually, the tax collector will, and must, accept money (gold and silve coin) but only at face value, not fair market value or spot value.
What you did with goldsilver.com is barter with bitcoin. If bitcoin were redeemable it would be for the same amount today as when you thought you redeemed yours last time. No less and no more.
I agree & find the same issue with my contemporaries. We are all in the 60 years or more so they think I am insane :-) I have listened to you and have become "my own central banker" moving my retirement into a gold backed IRA as well as stacking.....now cryptos....wohoo....
Even the crypto alternatives with a toe in each market; for example, bitAssets like bitSILVER, bitGold, bitUSD, and the like. How about the HERO - a USD+5%-pegged crypto value proposition that is set to the value of a USD in 1913 appreciating at 5%pa - https://steemit.com/bitshares/@stan/the-hero-from-bitshares-island-5. And, and you can short your BTS into HERO... Who's paying 5%pa today collateralised with a 2:1 margin ratio? So many opportunities to diversify out of fiat.
I think your are right Gregory. I think we should put in as much as we can when we get those little retracements or corrections where were it goes down a bit for a short time.
At this point, I do wish I had bought BitCoin in its early days... I'm sure there are many people thinking the same thing... It's at a point now, where I'm afraid of jumping in... I hope you're right about the $5,000 plus figure... I'm happy for everyone who's showing strong gains... Nice Post... @pocketechange
Bitcoin is being SET UP. The cia/nsa, whoever, know full well how to hack it. The just waiting for the right time, and will utterly destroy it (prior to issuing their own DIGITAL World Currency).
Bitcoin is an invest not a dollar alternative actually, till people convert it in dollars it will stay a good invest but nothing more. Im pretty sure the 5000 will happen soon.
This post received a 3.2% upvote from @randowhale thanks to @tournego! For more information, click here!
to the moon
and beyond
I agree, we haven't seen nothing yet Greg. As cash looks for a safe haven I seen it flooding into BTC and to the moon it goes. Silver is on sale and BTC is going to the moon. Keep stacking the dollar alternatives.
Well said , but it's surprising how many people STILL laugh at silver and BTC as if they are not worthy investments.
Higher, higher, higher! (SLV GLD BTC LTC DASH STEEM EOS ... fill in the blanks)
I think we will see a 5K Bitcoin by October!!! Thanks Greg for going on record!
YES and you made a very good arguement for it , also many will be selling to take some profit also we upvoted and we will re steem too.
To the moon!
But seriously, I would not be surprised to see 5-digit Bitcoin in 2018.
How about Ethereum & Litecoin? Is there a better way to store Crypotos? Is Coinbase safe, to store, or is there another, safer way, offline? Thank You, Gregory.
Will BTC drag STEEM higher with it?
Greg, nice post. Can't wait till steeem hits 5k!
I have some so I hope it keeps going.
I wish silver would do the same thing
It's a great idea and we'll see its progress over the next few days
Hi Greg, I think I heard Peter Schiff say that you will be able to buy real physical GOLD with BTC through Gold Money. Have you heard anything on this ?? As always brother...you do a FANTASTIC JOB at keeping us all informed. Thanks and keep on STEEMIN!! Upvoted. :C)
I would stay away from Goldmoney. The original Goldmoney used to be a great company. Under new management it is a company that lacks vision with frequent and sudden changes implemented without clear communication towards customers. Over the last year their stock price dropped by almost 50%! (TSE: XAU) A successful company would not see such an action in their stock kprice.
I appreciate you response. Thanks. I'll do some further detective work on this. :C) Upvoted.
I did a full review on Goldmoney. If interested you can check it out here:
https://steemit.com/money/@peak-au/goldmoney-no-longer-the-company-it-once-was
I'll definitely check it out. Thanks. Upvoted. :C)
well it's all an incredibly exciting (& electrifying) diversion as the world plunges headlong into deep climate change. Let's hope the mining rigs don't get too hot ! long live bitcoin and here's to a 50k price in 2018, quarter 3 or (4)
the gif is an original by me / mine but nobody owns that storm !
Great post, Thanks for share!
yes u was right ans i also think it will go to $5000 its market cap really goes to its high sir if its goes to 5000 then whats the next traget of btc @greg sir
I believe Greg is correct. Clif High reports 1 bitcoin will be $14,000 sometime next year.
If you put Clifs forecasts together with Martin Armstrong's forecasts you can see $14,000 for 1 Bitcoin is not fantasy.
Martin Armstrong— ECONOMIC CONFIDENCE MODEL
From an economic viewpoint, the economy turned down Wed. Sep. 30, 2015 on a global scale coinciding with our Cycle of War on the international model.
We should see the economy turn downward into a steeper recession moving into Tue. Oct. 24, 2017, which is the next turning point on the Economic Confidence Model followed thereafter by Tue. Jun. 12, 2018.
Caution is advisable for it appears we should see an overall recessionary trend emerge on a global scale this time.
The critical political target on our Pi Model will be Mon. Oct. 22, 2018, where typically important political events unfold. Overall, this economic decline should continue into the next low of the Economic Confidence Model which will be due on Sat. Jan. 18, 2020.
I bet TPTB is furious since they can't naked short cryptos ... LOL
get ready
I sure hope it does go to 5k and beyond. Thanks for all your hard work Greg.
nice post Thanks For Share.
Bitcoin started absolutely blowing up recently and I can't believe it has already reach $3300
The markets are looking healthy and stable with more and more money being pumped in
It's only a matter of time before it hits $5000
Bitcoin is a fiat currency. It is not money. We only hope it will destroy the central banks and their policies of fraud and debt. But at the end of the revolution, bitcoin is only a currency and has no intrinsic value. Gold and silver are money and have value within themselves.
I don't disagree with you that Bitcoin can make the credit side of your books look wonderful, but I am sticking with some of your other great advice, to wit; GET YOUR HANDS ON ALL THE PHYSICAL SILVER YOU CAN!!!
Bitcoin is currency not fiat currency. For it to be fiat currency it would have to be issued and backed by a government.
Well then by that definition, Bitcoin is not a currency at all. For it to be a currency, it would have to serve as money and be redeemable for the money.
It is redeemable for money and does serve as a currency.
Who's money is it redeemable for and what is the standard unit of value of that money? And where can I go to redeemit at? Maybe it serves as a currency in some country, I don't know, but the county tax collecter does not accept them for payment here in California. They do accept federal reserve currency as well as lawful money.
You can't pay the tax collector in money either you can only pay in fiat currency. I bought some silver from goldsilver.com with bitcoin, so it is redeemable for money(gold and silver).
Actually, the tax collector will, and must, accept money (gold and silve coin) but only at face value, not fair market value or spot value.
What you did with goldsilver.com is barter with bitcoin. If bitcoin were redeemable it would be for the same amount today as when you thought you redeemed yours last time. No less and no more.
Who will be laughing in the end, the dreamers or the mindless?
Just keep holding, people.
I'm with you on that Greg, but the incredible volatility on the way is almost unbelievable.
5k? try 10K my friend.
Did you read the article???
I agree & find the same issue with my contemporaries. We are all in the 60 years or more so they think I am insane :-) I have listened to you and have become "my own central banker" moving my retirement into a gold backed IRA as well as stacking.....now cryptos....wohoo....
@59-1/2 you can take physical possession of your gold in an IRA. why pay the maintenance fees and storage fees?
Go up !! Go up !! Bitcoin ^^
thank you for sharing
upvote
I wonder if steemit dollars will rise with bitcoin? Thanks for the great info Greg. - Troy
Thanks Greg. Absolutely!
Even the crypto alternatives with a toe in each market; for example, bitAssets like bitSILVER, bitGold, bitUSD, and the like. How about the HERO - a USD+5%-pegged crypto value proposition that is set to the value of a USD in 1913 appreciating at 5%pa - https://steemit.com/bitshares/@stan/the-hero-from-bitshares-island-5. And, and you can short your BTS into HERO... Who's paying 5%pa today collateralised with a 2:1 margin ratio? So many opportunities to diversify out of fiat.
I think there will be many forms of BITCOIN coming soon
Great post. Love the information. Keep up the great work. Upvoted. Cheers
The Deep State be like "HODL THE DOOR!!!"
We know the fed is crushing the USD$ but when will it end? Its defintely oversold and something needs to stop the trend
Yeah I agree it looks like brainwashing to me
I think your are right Gregory. I think we should put in as much as we can when we get those little retracements or corrections where were it goes down a bit for a short time.
Great Post
upvote
Great post, resteem
Brilliant call and NO... we ain't seen nothin' yet! ;)
We think alike! Upvoted!
My analysis nailed the recent Bitcoin Cash bottom and rally. Check it out:
https://steemit.com/@haejin
I need some more crypto... with a side dish of silver bullion... :-)
At this point, I do wish I had bought BitCoin in its early days... I'm sure there are many people thinking the same thing... It's at a point now, where I'm afraid of jumping in... I hope you're right about the $5,000 plus figure... I'm happy for everyone who's showing strong gains... Nice Post...
@pocketechange
nice post
Yes, you are calling it again!
yes u was right and todays we see its proof in high price of btc u r always right and i agree with u always greg
Come on Greg what happened we like when you present it
$5k is looking more and more likely could well even happen this year
Bitcoin is being SET UP. The cia/nsa, whoever, know full well how to hack it. The just waiting for the right time, and will utterly destroy it (prior to issuing their own DIGITAL World Currency).