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[–] 1 pt

If Bitcoin is going to be valued so much why isn´t JPMorgan buying it? Oh yes! They want me to buy it, they will be selling instead!

[–] 0 pt

You're giving them too much credit. JPMorgan can't sell bitcoin because they don't have that capability. Instead, they just announced a Bitcoin index fund that invests in stonks that have exposure to bitcoin.

So two degrees removed from bitcoin is as close as they can get.

[–] 1 pt

Could they be playing on the greed of their clients?

[–] 0 pt

I was considering that, but AFAIK, they don't have a crypto trading desk or any products to sell, other than taking a commission to put their clients money into a Greyscale fund or something. I guess if a particularly rich client asked for it, they'd help him open an account on coinbase maybe?

I think it might be more of a way for them to CYA in case bitcoin goes to the moon. They've taken some flak already for advising their clients to stay away from crypto, despite the returns.

[–] 0 pt

Satoshis will be the new pennies. I bet they have an equal buying power to a penny today when we are all old men, if we live that long.

[–] 0 pt

Bullshit!

[–] 0 pt

I have no idea where bitcoin will go, but I was shocked to see JP Morgon, one of the most conservative banks out there, even casually suggest that bitcoin could be valued over $1 Million.

This wasn't some bitcoin fanboy either, they put together a serious message and want it to their real clients with money.

[–] 0 pt

They are telling lies to get us all onboard!

They want the normies buying into bitcoin when the petrodollar and fiat currencies start crashing. They have told you "you will own nothing and be happy!" and they will say anything to make that happen.

The rich got in when bitcoin was cheap. Now they want to screw you over and buy real assets with the profits as you lose your ass!

This is the behaviour from traders before the 1929 crash. That would be a good topic for anyone to study right now. The richest trader paid the journalists to talk stocks up after they had bought in. Then they sold on the rush of normies thinking they had a good investment.

Look up Jessie Livermore and you will see the same shit happening with bitcoin.

[–] 0 pt (edited )

You havent been doing your homework. BTC is cheap. The rich are getting in NOW. The smart fuckers got in when it was cheap. I like to have land, silver, gold lead, food production and a paid off house... I also decided years ago to toss in 1% in crypto, you know because it will be a good learning experience. Guess which one made the most money., roughly:

Crypto by a HUGE margin Lead (ammo) Land food production... This is heading up silver/gold (I dont even look at them because, who cares?)

Had Trump decided to keep the presidency other than just pussying out like a faggot then they would have held off the crypto boom for 4 more years. Notice that all of a sudden crypto is going nuts N.O.W. Why now? Crypto4Biden? It makes no sense bro. Naw, they didnt want Trump to be at the helm when they did their big thing.

You best get yourself some btc in a wallet you control offline. Download the Exodus wallet, follow the directions and get even a little bit. $500 or so? Who cares if you are right. You lost a few hundred bucks. But if Im right then it will be life or death for you and your family. Did you know some of them pay a fucking dividend? Think about that. nothing better than getting 12% return on my investment with pretty much no risk as passive income taxed at only 15%. Sexy that. Sure beats working.

[–] 0 pt

I bet it goes a lot higher than that. Satoshis will be the new penny

[–] 0 pt

That's what they said about 50k.

And here we are...

They were calling a million a few years ago when it spiked to 20k.

[–] 0 pt

People are gonna get burned with this shit!

Why does it need all those graphics cards to mine it? What are they really doing?! Sharing kiddi porn?!!!

This bs looks like it's designed to implode imho.

Buy ripple xrp instead frenz.

Bitcoin will be buried/made illegal once they convince a large percentage of the population to switch. Then they will transition everyone to fedcoin which will have all the disadvantages of paper fiat but they can also track every purchase since it's not cash as well as freeze all your digital accounts and stave you to death if you are not a good goy. Try buying bitcoin right now without hooking it up to your bank account and providing picture ID. You basically cant.

[–] 1 pt

Craigslist yo. Meet at Wendy’s, have milkshake, buy bitcoin for cash. Win. Maybe lose, but you get the idea.

shit takes like 40 minutes to get committed to the block chain but i get your point.

[–] 1 pt

Milkshake with lunch then. When I bought mine, it was all untracked, the way it should be... other coins clear quicker, and considering per coin value I don’t think bitcoin is useful past investing or large purchases.

[–] 1 pt (edited )

No... the cryptos we know today are classified as PROPERTY. not as a currency. They will make fedcoin for day-to-day operation of the control network. The blockchains you see today will be completely and totally unattainable by those not already able to access them. Your mention of them freezing accounts is correct. Fedcoin will not be a blockchain currency as we think of BTC. Its going to be like a Social Credit Score currency. You get bonus points for being gay and pro nigger and stuff like that. You get docked points if you have a fucking rebel flag on your car every time you drive past a traffic camera. Your number of points will determine your distribution of government gibs and therefore your lifestyle. Want to be a white nationalist? Great! We hope you do but you have to pay for it yourse.f My guess is that a single satoshi will be a penny's value today. Fedcoin will be worth maybe a couple hundred sats or even 1000 maybe but not more than that. Fedcoin will never see 100ksats. Not a chance in hell. Those who dont get into these blockchains now will be fucked in the future. Have to sell your kids fucking DNA for food-tier-fucked.