[ad_1]
Crypto-Crypt or Gold Mine?
As you probably remember, Bitcoin was the title of great news and the speech of a dinner a year ago. Because crypto-currencies increased in value, it was rightly the dominant topic of conversation. The crypto-currencies had advanced dramatically through
the second half of 2017. Bitcoin has risen from $ 1,000 each, to nearly $ 20,000.
This created huge paper profits for buyers who were excited by the continued increase in value. This buying frenzy has overheated to a peak never seen in any investment or commodity.
Popular exchanges such as Coinbase have had to face the opening of hundreds of thousands of new accounts in the last months of 2017.
The crowd of speculators was offering the price up to new daily highs. This has generated huge demands for Bitcoin which has no fundamental value. Bitcoin has become a textbook example of speculative frenzy.
At the end of 2017, Saxo Bank's outrageous predictions included a decline in the price of Bitcoin up to $ 1,000 by the end of 2018. By 2018, the price of Bitcoin fell below $ 3,500 even after a period of price stability from $ 6,000 to $ 7,000 range.
This was as unexpected as expected!
In fact, the fall in the price of Bitcoin has the potential to become a self-fulfilling prophecy. The outrageous forecasts of Saxo Banks may still occur. What a difference it makes a year !!
CRYPT TO THE CRYPT
The clamor about Bitcoin – and the concept that would continue to rise – played in the hands of the crypto-whales. They had the chance to cash in with huge profits and buy back at cheaper prices, giving them control of more Bitcoins. They
now it controls a large percentage of available Bitcoins which gives them the opportunity to influence the market when and at what price they wish. Today there are still, forcing the price to accumulate Bitcoin to new lows. When they sell the crypto-whales,
panic sellers do the same. This causes the price to drop, giving the crypto-whales the opportunity to accumulate more at a lower price.
This is the classic market manipulation of an asset whose promoters have claimed that they could not be manipulated.
Those who bought at the highest point in the market suffered such serious losses that they could be buried in a Crypto-Crypt.
Bitcoin now has the title of the biggest financial scam in history. This makes Bernie Madoff's fraud seem threatening. However, there is a big difference. Bernie took over people who were already rich. Bitcoin manipulators have hit hardworking people
who had emptied their pension funds and charged their credit cards to improve the lives of their family – and now they are suffering terribly.
There are also some of the Faithful Bitcoins that are coming out as they can. With the value of their collapsed cryptographic resources of 80%, they still have to meet their debts and avoid personal bankruptcy.
Is this the end of Bitcoin and Crypto-currencies? We must seal the crypto-crypt and enter history as did the Dutch tulips and
Pets.com?
There are many coins and tokens worthless that are directed to zero. Many have been invented as scammers from the beginning to take advantage of those who are hoping for the next "shooting star" crypt. These are high-risk companies run by scammers who are good at shooting
YOUR MONEY is YOUR DREAM in THEIR MONEY is THE DREAM.
Bitcoin was the first and largest cryptocurrency by market capitalization. At the same time, it is based on a technology that is inferior to market progress. It is supported by nothing and useful for almost nothing. Bitcoin is clearly destined for bankruptcy.
To consider it precious is meaningless.
Many have argued that crypto-currencies represented a great technology for improving the financial system. A cryptocurrency that acts as a medium of exchange, not controlled by bankers, is a valid concept. It's also a good concept when online transactions are
done at low cost. This is the revolutionary idea described in the original Satoshi whitepaper ten years ago, which became Bitcoin. A cryptocurrency could one day accomplish this goal.
The greatest opportunity is the use of Blockchain, Distributed Ledger Technology (DLT). This will change trade, finance and even our lives.
FedCoin, EuroCoin, IMFcoin, UNcoin, eRuble, CADcoin – these things will be created. I can see the adoption of these private systems to track and exchange other valuable objects. Blockchain will prove to be an important tool. The story will make people turn around
go back to using real, physical, precious, anonymous money – GOLD!
OWN A GOLD MINE!
Seriously – Buy a gold mine!
Buy gold, gold coins, gold contracts! History has shown that this is the only store of value that really works. Since 2013, gold production has declined every year. Since 2014 there has been a new large amount of gold. The supply is decreasing, but the demand
it's there. The prices prove it. Gold mining companies are electrified when they manage to recover one gram of gold in one ton of land.
The bottom line is that the gold discoveries are Decrease!
All the gold mined in the history is about 166,500 tons and is divided into four uses. The largest is in jewelry that uses 50.5% – not necessarily the best investment, but your significant other will love it. The next one is in private investments at 18.7%. Government
the holdings use 17.4% and the industry uses 13.4%.
Gold is extremely rare, impossible to create, easily identifiable, malleable and non-fogging. Gold has been highly valued throughout history for every small gram of weight. People have used it for centuries as a monetary metal, a symbol of wealth and
a value shop. Gold is a safe haven asset. No government or politician can easily confiscate, freeze, nationalize or devalue at will.
So when the demand for gold starts to heat up, the offer will not be there. Gold is rare, limited and always required. This will drive up the price of gold and potentially silver prices. It is simply the best way to preserve long-term wealth.
BUY A MINE GOLD OR BE BURIED IN A CRYPT CRYPT!
