/biz/ - Business & Finance

>>13051644

Lol. U serious bro? Who is the demand side of bitcoin right now and eferium? No one is using this shit other than to speculate and pump n dump other coins. You gotta be a fool to think anyone is buying this bc "muh digital gold" argument. Go look at the past 10 years of gold prices from today and see that it wasn't an inflation hedge.


>>13051635

Kek. I think 1k to 1800 is where we cover.

>The year is 2020.
>The world is 1 year into recession.
>The DOW Jones is 15,000, interest rates are 0%, Gold is $600/oz, and unemployment is 8%.
>An investigation has been launched into the cryptocurrency market.
>Jospeh Lubin and Vitalik are in prison serving securities fraud charges.
> Angry investors demand from their Congressmen that the identity of Satoshi Nakamoto be released to disgorge repayment of USD for the largest ponzi scheme ever invented.


You didn't think Bitcoin could go to zero did you? This is how it will go to zero. Satoshi Nakamoto is alive and well. He can't move his original coins because he will be tracked down. But he certainly is among us since 2011.

The consequences of Bitcoin going to $2,000 or $1,000 have never been greater. Watch out.