BTC - Donkeys chasing one another up the Pole Short

Bitcoin / United States DollarCoinbase

Description

⋅ Aug 11, 2021 12:28 PM

The comedy of the Dunce believes "Inflation" is Bullish for BitCoin.

No explanation as to why, simply the new Mantra.

It has ZERO History to support this new Narrative.

BTC Price is not just driven by the money-supply, but speculative forces.

Forces aligned who's answer - "Buy BitCoin" it's the Future.

It's like the Bro with the Show who sees nowhere else to go.

TINA argument tee'd up again and again.

It's become a religion, a Cult, a faith based squeamish of speculators
who are too steeped in Dogma to consider the opposite POV.

Entrainment.

Crypto-Currency is comical - it is clearly not a Currency, unless you
prefer to exchange one Token for another...

But, but, but... Tesla and Amazon are...

Wait a minute, were with respect to Tesla.

Never with respect to Amazon.

Back to entrainment... at some point the Riggers will begin to
attempt to phase out paper Currency and instill the Banking
Confetti...

Not Currency, simply a Digi-Script based upon even less.

I'm certain the BIS will embrace competition when this moment
arrives.

Comments

danielitox

⋅ Aug 11, 2021 2:57 PM

I agree, but, who cares, just make money till the party is over. This Ponzi can even last for decades.

HK_L61

⋅ Aug 11, 2021 3:16 PM

@danielitox, It cannot.

Make $, YES.

Stone881

⋅ Aug 11, 2021 1:07 PM

It hurts to be wrong and even worse to lose money and be wrong. What if the BIS wants crypto to succeed so as to soak up all of the fiat being put into the system?

HK_L61

⋅ Aug 11, 2021 1:50 PM

@Stone881, It's good to dream.

All ya got.

BRR Sells continue unabated baggie.

HK_L61

⋅ Aug 11, 2021 12:32 PM

We continue to press BRR Positions on SELL Side.