submitted by /u/LordKushTerabyte [link] [comments] |
This blog brings you the best Cryptocurrency & Blockchain, ICO & P2P and Exchange & Laws news. Also contains technology and research based post from all around the world every single day. Get informed! Think Future!
Friday, 7 May 2021
Soo many people are in denial about inflation. If you asked them 2 years ago "hey if one day the fed randomly decided to print 10 trillion dollars, that would cause hyperinflation, right" everyone would agree. But when it actually happens, 90% of people come up with some excuse as to why nah not....
...nah not hyperinflation that can't happen here.
In drugs, its called the onset when you take a pill and wait for it to kick it. During the onset you feel 0 effects. The onset lasted from maybe March 2020 to Jan 2021.
Next is the come up, when you start to feel effects but its not full strength yet. The come up started once the vaccine rolled out and people started spending, inflation starts small. The come up started Jan 2021 once the vaccine started allowing poeple to leave their house.
After the come up is the Peak - I except the peak start once we reach 80% to100% vaccination in the USA, we are currently at about 33% vaccinated. Current estimates say it will take until 2022 to get their.
The come down, come as the fed raises rates. Hyperinflation is only temporary, as it only last a few years in every country in history. But your savings will be worthless by the time of the come down.
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Caravan Mart Now Accepts BCH!
Caravan Mart in North Queensland is the newest business to joint the Bitcoin Cash family in Bitcoin Cash City.
https://twitter.com/BitcoinCashCity/status/1390282315566247939
Click the link above to see Michael the owner of Caravan Mart talk about how he thinks Bitcoin Cash is at a tipping point in North Queensland. The most important aspects that he likes is that it is easy to transfer and the funds clear instantly as opposed to 2-3 days for a bank transfer.
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source https://www.reddit.com/r/btc/comments/n6r3zf/caravan_mart_now_accepts_bch/
I’m calling it. BTC will never see $100k
I work on a minesite, guys range in age between 20 - 65. Everyone and their dog has heard of Bitcoin and crypto, and everyone has their coin they like, whether it be ADA, XRP or BCH. But no one is banking on BTC, it’s old news and even though some of these guys don’t know what market cap is or how it works, everyone knows you’re not going to double your money with BTC.
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source https://www.reddit.com/r/btc/comments/n6kvby/im_calling_it_btc_will_never_see_100k/
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submitted by /u/FearlessEggplant3036 [link] [comments] source https://www.reddit.com/r/btc/comments/12gt49l/supposedly_insiders_in_t...
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submitted by /u/KillerHurdz [link] [comments] source https://www.reddit.com/r/btc/comments/a6bm9y/discussing_bitcoin_power_dyn...