This year, financially speaking, for crypto people, is going to be wild!!!!!1111!!!11!111!!
Max Keiser predicts about $300,000 per bitcoin this year. But that was based on adoption rates, and retail buying.
Now, we are looking at corporations FOMOing into the market.
Now, we are looking at nations FOMOing into the market.
If America is going to jump into bitcoin, most countries are going to jump into bitcoin. Being left out, or being left behind is a huge fear of politicians.
What this means is that $300k is way, way too low. We are going to run out of bitcoin on exchanges. We are going to see OMEGA candles (god candles are soooo last year) where we see $10,000 moves per day. (or maybe it was $100k moves)
Either way, it will be BIG moves.
People with bitcoin will find themselves so wealthy, that they may have to completely redesign their lives. As in, you are now a millionaire. And you bitcoin portfolio may continue going up in value faster then you can think of ways to spend it.
If your bags 100x, what will your life be like?
I believe a few coins will 100x this bull run.
I KNOW that many coins will 10x, and if you get out of one at the high, and into the next before its run, you will get 100x
So, what is your life like if your crypto holdings 100x?
If toys are what you want, you can get tons of them for cheap later this year, as most people are looking at selling whatever they have to buy food (or crypto)
If land is what you want, the deals will be everywhere later this year.
If trips around the world are your thing, well, i do not know how to advise you. But, you can probably get all you want. There have been people who talk about cruise ship rooms being cheaper than renting an apartment. However, i also know that tension is still building around the world, and in a lot of places fighting will break out.
If it is expensive cars you want, i would suggest renting them. And/or go to a racing school. Roads are going to continue to degrade, and people are going to continue to get more envious of those with wealth. So, my suggestion is to not stand out. Besides, flying cars will be out soon.
But really, what do you want your life to look like? Things are not like on the Card-ass-ians where everyone is so enamoured with their wealth. Most people are extremely envious. Most people actually hate rich people. So, although you can have all the ostentatious bling, having it around will probably make you miserable.
Could you make the world a better place?
Like, right now, i need a few million dollars to drill a deep hole, to see if geothermal is truly as productive as my numbers tell me. I am sure i can get angel investors to fund this after i get enough proof of concept stuff done. But that is just me, and it will come about as the govern-cements fall apart. (and they cannot block me from making electricity outside of their control)
But, there are a lot of young scientists who will take the new physics that is coming out, and really run with it. They will need funding and help. And, they may really need a place to stay and food.
There will be amazing technologies? energy work? mystical spells? Classical music? that will completely change how we grow food. We will see giant vegetables, with tons more nutrition. And it will not happen with some chemical concoction. It will happen by electro-culture, bio-char, soil microbiology management, and play Back for the melons. These young "farmers" will need a place to grow, and play with the stuff of fantasy.
And, of course, if you want flying cars, you may want to fund some of the bright, young physicists that are ignoring gravity.
We will need a lot of programmers to build "Bitcoin level 3 tech". We will need engineers to build these things that turn your vibration into a seed phrase, and so, your body becomes your key to your bank, phone number, personal info… Lots of work will need to go into these fields. And that means lots of funding. Or maybe just food and a place to live and work.
With great crypto wealth, comes great ability to make the world a better place.
How much money do you need to retire?
Really consider this!
And also think in terms of having a house, food, power.
Having money in the bank will disappear as inflation eats its purchasing power. But money spent on a PV solar array will provide you electricity (without further payment) while electric rates continue to climb higher.
Having a mortgage at a low interest rate, while having the money to completely pay it off earning even more interest is accounting-wise a great thing to do, however, paying off the house, and not having a bank that could cause all kinds of problem, is often very worth it.
If you paid for all your life's needs like this, you would find that the actual amount you need for retirement is much lower than you think.
If you add a greenhouse and grow vegetables and chickens, you can also control your food expenditures.
If these things sound good to you, then i really suggest putting your crypt wealth into your homestead. I do not know of many better investments for your future life.
I also know it is not for everyone. But for those others, the world is changing. Grocery stores are not a sure thing in the future.
If you have collected any crypto over the years, you will find you have great wealth. You were into this very early. Even people getting into crypto right now, are still early.
We have passed the point where bitcoin is just considered a speculative bet, to now it is starting to be seen as the future of wealth storage. And we haven't even gotten to the point of everything is bought and sold in "bitcoin". (crypto)
Even HIVE will probably go past its ATH. $2.50 four years ago. How much will your HIVE account be worth? Either people will come rushing into HIVE as we see the centralized server social media kill themselves with censorship. (actually, people will probably rush into HIVE for the money. Hopefully some write good content, and stick around after the bull)
So, realize that these crypto numbers are rookie numbers. Things are going to go much higher, much faster than we have seen before.
Be prepared. Have a plan.
When you have a plan for what to do with your crypto, then you can be more calm in this hectic market. And truly, there is a point where you have enough money to live for the rest of your life. No where your point is.
My goals? To eliminate the need for money on Our planet such that We ALL can live as richly as We choose.
I was think of personal financial goals. But, for you, that goal, it doesn't get more personal.
I hope you succeed.
I surely will need Others helping by sharing awareness of what We could co-create. Without that awareness, no One will help.
Love always!
Like i said in other posts. This is the beginning of the Great Migration. Keep putting your truth out there, and people of like mind will come together.
Nothing will stop Me. The vision is too clear and too solid for Me to ever stop!
Oh in regards to HIVE. I have actually been really impressed with what has been built over the years and some of the front ends like Ecency and InLeo have some really solid features. Like REALLY solid stuff but then just like the other day I connected with a guy who was on DeSo and The Arena and actually had over 20,000 followers on DeSo. Ultimately he got on and put up a test post and I upvoted, followed, and reblogged him. He got downvoted to 0.
His obvious reaction was like WTF??? And was saying there is no way he would invest in the platform. I understand the feeling and there are a lot of people on Steem and Blurt that got crushed by downvotes on HIVE.
One chick who posts on DTube, and Steem was basically saying how she was in the discord rooms and guys would be laughing about downvoting new users into the ground to Zero.
The whole ecosystem really had insane potential.
I really wish people weren't that petty.
Add in a petty whale, and all your work at engagement can just evaporate overnight.
We really need a better system for controlling abuse.
We created the downvote system to stop abuse, but ended up causing more.
It really is sad especially considering it isn't that easy to onboard people and right at the moment I actually convinced someone to join and post something he is taken to Zero.
Your comment is upvoted by Topcomment
You can support the Topcomment initiative by delegating HP
| 10 HP | 25 HP | 50 HP | 100 HP | 250 HP | 500 HP | 1000 HP |
Looking forward to the OMEGA candles! Hopefully, many of us will be prepared and make great use of the wealth that will be created in this year and the coming ones. I think it's an actual opportunity to establish new and better systems that benefit a broader set of people and empowers them.
Yes, this will be the first time, in a long time, that money flows to "normal" people, and not the moneyed class. I hope it does work out for the better.
Hopefully things can go into a full blown super cycle and where dust is worth Hella bags. We will see ultimately and personally I think it will come down to if the US can take action on creating a strategic reserve soon.
My sister had a geothermal system for her first house. I never got a breakdown of how exactly the system worked but it circulated water out to the creek that ran by her house. I always interpreted the system to be a closed loop system that would pump hot water through a pipe that was exposed in the bottom of the creek and would be cooled naturally and would complete it's journey around and perhaps air was blown across the cooled water or the cold pipes to create a cooling effect. I'm not sure because it would have been humid in the summer so an evaporative cooling effect wouldn't have worked as well.
I often do think about that creek though because the way it ran and there was a shed out by it and if a small home hydro electric thing could have been setup to run to a battery bank and powered mining equipment I could have seen something like that be a plausible setup.
For, hydroelectric, you buy, off the shelf, little, one house sized generators. You hook up a pipe from upstream ,and run a pipe downstream. The amount of power you get out is based on the distance dropped.
Cooling is done by burying a pipe, at least 9 feet down. Where the temperatures stay the average of the air temperature for the year. Usually about 60°. Under a stream is even cooler.
Then you run a pump, in this circle of pipe, and it cools down (or heats up) the fluid inside. You run it passed a air circulator / fan, and so cool air into your house.
If Trump makes that strategic reserves, then bitcoin goes to 1 billion. Forget the one million. Sometime before then, the dollar just becomes irrelevant.
There are fortellings of govern-cements asking (begging) the people for bitcoin to continue running the govern-cement.
We are certainly at interesting times with crypto. Things could really get wild.