The Rise Of Bitcoin May Be A Warning, Ignore It At Your Own Peril. By Gregory Mannarino

in #money7 years ago (edited)

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With the epic rise of Bitcoin continuing more or less unabated, even more mainstream financial "experts and bankers" are speaking out against it. At the same time these so called "experts" admit that they simply "do not understand Bitcoin."

Well clearly, I certainly do...

As most of you know who follow my work, I have nailed the rise of Bitcoin with 100% accuracy from when it hit $2,800, right through $10,000. Moreover, I have made hundreds of percent profit from Bitcoin's epic rise-and I outlined for my followers from all over the world how they should have done the same at that time. (Congratulations to those of you who listened).

6 months ago I wrote an article titled "Next Stop For Bitcoin $5,000 and Beyond." Click here: https://steemit.com/bitcoin/@marketreport/next-stop-for-bitcoin-usd5-000-and-beyond-by-gregory-mannarino

I also wrote a follow up article on Bitcoin 3 months ago titled "Bitcoin To Hit $10,000 Within One Year." Click here: https://steemit.com/bitcoin/@marketreport/bitcoin-to-hit-usd10-000-within-one-year-by-gregory-mannarino

To say the least my calls on Bitcoin have been spot on.

Here is my next 2 cents on Bitcoin, and my opinion may be worth a fortune.

In my opinion Bitcoin will continue to rise to heights which will take most completely by surprise, and I personally intend to take full advantage of it, (and so should you), but perhaps more importantly we should look a bit deeper into what is happening with Bitcoin.

Regardless of what you may think, Bitcoin, IS NOT a unit of debt. However, the US Dollar is, at it's core, a unit of debt being disbursed by a bankrupt government under the guise and rule of it's issuing central bank, (The Federal Reserve).

(FIRST). Understand, the Dollar's in which you hold DO NOT EVEN BELONG TO YOU!

The Dollars you hold are owned and owed back to the issuing central bank PLUS interest, and they set the rate.

Bitcoin in every way is diametrically opposite of what the Dollar represents.
Again, at it's core, Bitcoin is not a unit of debt which is owned and owed back to it's issuing central bank plus interest. (You, THE HOLDER, own it outright).

The rise of Bitcoin is directly reflective of the rise of "anti-debt," because it is owned by it's respective holder. Moreover, in my opinion the rise of Bitcoin will continue as central banks around the world have no choice but to inflate and issue more debt notes in the form of Dollars, Euros, etc.

In fact Bitcoin may just be THE warning of an impending meltdown of the malignant Central Bank debt based system, the writing is on the wall.

Gregory Mannarino, (The Robin Hood Of Wall Street).

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Find out more, visit my website TradersChoice. Click here: https://www.traderschoice.net/

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Indeed people keep saying "but Bitcoin is backed by nothing". Backed by nothing is far far better than backed by less than nothing.

but i think it price will fall some how i don,t know the reason but i feel like it

Emotional investment decisions usually fail to work out well. If you don't understand Bitcoin you will fear it. Learn some facts about how it works and how to manage the investment and stop letting fear decide for you.

yes but what if people start charging the taxes on the cryptocurrency

Congratulations @marketreport!
Your post was mentioned in the hit parade in the following category:

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Thank You, Gregory. Reminds me of the proverb: A bird in the hand is worth two in the bush.

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Nice picture.

We live in interesting times ...

I love bitcoin cause now it is one of the best popular cryptocurrency in the marketplace.And all the time it's value is higher,So that when i hold only one bitcoin i feel like become a millionaire.

Thank you very much for your video, thanks you made a beautiful video

You are right bro that's day by day gone be high warning cause this price increase unbelievably. Good to see your post.

great information sharing,very good work,thanks for the post

wonderfull post l like your post

i saw more post on bit coin . what is bit coin

It's an old umbrella. Granddady of mr Steem. :)

thanks man, it's helpful.

You have a nice post, I have a question about why Bitcoin is so much post?

I just visit "https://www.traderschoice.net/" this link is this your own website?

valuable & informative post thanks my friend you always share good information with us

Good information thanks for sharing

Bitcoin and this new asset (crypto currency) may also help extend the life of this current monetary system as fiat money has found a new home.

Yeah i agree with your warning. Thanks for sharing.

Today you wrote a very nice blog: On today's blog I learned that Bitcoin has many problems and solutions

this is very important post i like it thanks for shearing

informative post thanks for sharing with us

I can not see your video today without getting it.

Great article, like always. Now here's the truth about Bitcoin:

Excellent post, you are spot on with your observations, thanks for sharing very nice information with us, it's extremely helpful.

I'm going to bitcoin's video from you. You make a video. About Bitcoin I do not know much about Bitcoin. I want to know through your video that you will make me a video

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:)

Always waiting for your informative post and still waiting your next one

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See the full rankings and details in The Daily Tribune: Dec 03 - Part II. You can also read about some of our methodology, data analysis and technical details in our initial post.

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Can you help me a bit How Bitcoin can be made to earn this kind of video can be very good for me

nice information, your information is always spot on.

great sharing, good post,thanks for sharing

I just visit your website there was a some Awesome news.

Great work always your prediction go right thanks sir..

well post i like it thanks for shearing

You are right. Bitcoin is a game changer. Goverments and central banks will react to support their inflationary system, which left most people with worthless savings.

Very nice video as usual my friend, your videos are always helpful.

Bitcoin is my favourite earning site

I'm loving 'The Robin Hood Of Wall Street'. I have a miniscule amount of bitcoin and it seems now out of reach for me, but even a small amount produces profit!

same here!

Yep, keep stackin' those bits lol

Hey @marketreport

What would be price of Bitcoin and Ethereum in January.

I am very hopeful Bitcoin reaches $2000 and Ethereum $1000.

Nice post my friend

very thoughtful and informative post, thanks for the useful information.

I am watching your video about bitcoin bro

When will the next post?

Thanks for sharing this post brother

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