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BertGroffman
May 29, 2020 1:01 PM

Juxtaposition BTC > Gold > USD > Legacy Stocks > Bonds  Long

Bitcoin / U.S. dollarBitstamp

Description

Long term Monthly logarithmic chart with fibs, 8period cloud shadow, 8ema (red), 55ema(light blue), and "pump & dump" TD9 indicator. Compare last halvening to now.

If you dont understand economics or limited supply or how the federal reserve and the infinity inflated unbacked fiat system works I feel bad for you son. If you do understand that stuff, youre a weirdo but youre saving the world. The bearish narratives that talk about sentiment are baseless paid trolls or butthurt OGs that sold too soon and dont want to buy back less coins. Its time to wise up and stop being manipulated. It doesnt matter if whales dump or if flu season comes long term...
ONLY 50million BTC addresses currently
7.5Billion people transacting on the planet
Only .666% of humans hold BTC. No bear, whale, government, or disaster can compete with that scarcity. 99.333% of humans still dont have any. If just 1% of the global population buys $1.00 of btc the market cap would increase about 66.6%
BTC is a deman pull system. This means that if you think the tech has to develop before it can be used you are wrong. You are stuck in legacy debt based push system thinking. The incentives are there for those who will benefit the most when the need arises. BTC is exactly what it needs to be now, cause thats just how it works.

Bitcoin is sound money
Separate money from State
Bitcoin fixes this
Do you even 5 pillars bro
MMT yeah you know me
QEinfinity and Beyond
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