Oddbean

One more time about #Bitcoin and the upcoming economic crash. Pay attention! Many will make the mistake of leaving their money on exchanges, while those exchanges have shown in recent days that they are inaccessible at crucial times. As a result, the human-set algorithms (bots) automatically start selling at a certain price level. This is beneficial for the Bitcoin ETFs because the price plummets so hard (due to the sales bots set up by thousands of individuals) and the ETFs can therefore be bought cheaply. There seems to be some kind of secret backroom deal between the exchanges (such as Coinbase) and the Blackrocks of this world, whereby people are denied access to those exchanges (particularly Coinbase) at the most crucial moments. In the attached screenshot you can see this happening at the time of the $70,000 Bitcoin All Time High. “But that's illegal!” Yes, but they don't give a fuck. No one is going to prove that and no one has the money to start a lawsuit. Therefore: get your money out of the exchanges! Whether it is in stablecoins or Bitcoin >> Remove and store in a hardware wallet. Then you won't get robbed when the exchanges crash and Blackrock and associates suck everything into the ETFs. The underlying assets of those ETFs (in this case Bitcoin) can then be claimed by the creditor in times of crisis. And the largest creditor is the American Central Bank (the FED). So the ETFs are in fact also a honeypot trap, but that is difficult to explain to the masses. Keeping your money in Bitcoin is always better than in cash (or in the bank), because in the event of hyperinflation you know what that cash will be worth: toilet paper. Bitcoin is a guarantee of value in times of (hyper)inflation. But you have to take it offline (withdraw it from your online exchange wallet). A hardware wallet is the only right solution. The flight to Bitcoin will be enormous and so the price will rise. In fact, the upcoming hyperinflation will drive the price of Bitcoin (i.e. the value of Bitcoin expressed in dollars/euros/etc.) to great heights. At most, there will be some downward movements, because people cannot access their Coinbase account and therefore cannot disable the automatic sales bots they have set themselves (for example if Bitcoin hits $75,000) in time. That will cause the Bitcoin price to fall for a few hours, allowing the Blackrocks of this world to buy cheaply for their ETFs. But on balance, that amount of Bitcoin sold (because people cannot access their Coinbase account and therefore lose everything) will quickly be absorbed by the ETFs. And so the price of Bitcoin (as predicted here since December 30, 2020) will peak. https://www.martinvrijland.nl/en/news-analyses/haal-je-geld-van-de-bank-en-koop-bitcoin-voordat-de-banken-vallen/ https://void.cat/d/qq3qM8AcUQMMSGxYNGTJd.webp