Bitcoin is the Grim Reaper standing tall over the corrupt Bankers! The Gold & Silver market is about to EXPLODE.
Finally it is here......the day I knew would come when I discovered Bitcoin at $8.00 usd. When I really took the time to teach myself about blockchain technology and the currency of Bitcoin back in 2011, it immediately struck me how disruptive they would be to banks ,and more importantly the paper gold/silver markets on the Comex and London Bullion Market Association.
You see, I discovered Bitcoin mainly because I was a gold and silver bug! The frustrating gold/silver market is a hard game to play because it is rigged. The bankers dump the paper gold from ETF's onto the market to drive the price down with no significant amount of collateral, this is called selling naked short. I believe what the bankers are doing is selling gold short on the paper markets and then buying gold long on the physical markets. They all have been telling us they are selling when you watch Business media or read business publications. They are only telling you half of the story, because they are buying REAL PHYSICAL GOLD at the discounted prices they are false creating by rigging the markets. Bitcoin becomes the disruptive tool that can stop this banker corruption. Think about it, can we have $10,000 Bitcoin and still have $1260 gold? My guess is no, investors from all around the world will see this ratio between Bitcoin and gold, then leverage out into money that has held its value for 6000 years. I think this trend starts right now with 3200.00 BTC and grows all the way to 5000.00 BTC. The metals markets should be about to explode, and Bitcoin is the match that will ignite this fuse. The power elite wont ever attribute it to BTC but it will be the underlying reason because of its leverage and sovereign wealth properties.
The price of Bitcoin has now reached an inflection point that is making the bankers papier-mâché game very difficult to continue playing. While the price of bitcoin is on an out of control beast mode, the price of gold and silver has barely moved. The price of bitcoin going up next to the papier-mâché game is very difficult for the bankers to play because investors will leverage into this depressed asset. I believe that silver bullion is the cheapest asset on the face of the earth, an absolute no-brainer to own. I remember the day when it was awesome that one Bitcoin would buy you one ounce of silver, and today just a few years later that same Bitcoin will almost buy you three ounces of gold! This proves the bankers are loosing and Bitcoin is winning!
As the price of crypto currency's continue to skyrocket, the pressure on the world central banking elite to hold the price of gold and silver down will become immensely difficult. As the price of paper currency's continue to be devalued, driven into the ground, stolen by elite bankers and governments around the world, crypto currency's have become the neutralizer that can really help the people. This is why I always say if you are wanting to take cash out of the crypto coin market, don't go back to Fiat currency. Exchange it for another depressed asset. Gold and silver are a great asset class to leverage with because I feel like you're buying the metal at the bottom of the market. There is a time to buy and sell everything and timing always plays a key role. The time to buy crypto currency is now, the time to buy gold and silver bullion is now. The days of owning Fiat currency controlled by Bankster's and corrupt government elite has since passed. Good luck my friends especially you down there in Venezuela where your government is De-valuing your currency on a weekly basis. Crypto will set you free, do everything you can to collect as much of it as possible before the masses wake up and realize what has been done to them and the mountain of lies that have been told.
The OG Broncnutz-
Well said @broncnutz
Time to back up the truck on some silver next few months. Anything sub $40 is stealing, sub $20 you should be scared to go outside after buying.
We grabbing with both hands playa........
Nice...
Upvoted your comment with my little steem power....great work...
Once again a very nice recap about bitcoin, gold and silver, gone through this post bit by bit, the fact placed in it is really awesome and informative, the most important line i would derive from this post is "today just a few years later that same Bitcoin will almost buy you three ounces of gold!". @broncnutz sir is it still the right time to start banking upon bitcoin, i am just asking for your advice, because now its hovering around 3200, so i think its in the upper range,, i am just waiting for a level around 2200 so that i can buy little with my steem earning, although my steem earning is not much but whatever it is, i will wait for those level to convert it to BTC. Again sir @broncnutz, are we entering into an era where use of paper currency will be minimal and we are switching to commodity currency or crypto even in the retail sector..
If I knew what was gonna happen with Bitcoin, I would be retired by now, the fact of the matter is is I still go to a job every single day of my life just like you. I expect BTC to reach $10,000 for sure and most likely we will see $100,000 in our lifetime. I think bitcoin is a good buy, but I think there's better places to put your money right this very second. Personally I think silver is a better value than bitcoin at the moment. I am a big fan of crypto currency and I'm still buying just like you. I don't know if We will see Bitcoin at $2200 again but , we will most certainly see it under 3000 again. Everyman must make his own decision what to do with his money I cannot give you that kind of advice.
Yes sir @broncnutz very correct, even i am of the apprehension that BTC will be 10000 by 2020 and steem price may also appreciate by that time along with BTC, but i think what u have mentioned about silver is correct and i will definitely look into it. Thank you so much for the reply.
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Great post! I absolutely share your views. Upvoted and resteemed
Thanks for the re Steem dude!
Great post! You honestly can not beat silver atm. What other commodity can one buy for about the same price or less than what it costs to pull out of the ground? Been an avid ag bug since the early 2000's. I think we are about to embark on an exciting ride. Buckle up my friends!!
It cost almost 20 bucks for a package of COTTON socks! Silver is the best and cheapest asset in the world.
Heard that, I just dropped $20 fiat on a couple boxes of cat food, 3 dog toys, and a snickers. What, trade valueless pieces of paper for something of value and limitless uses? I'm in.
After the collapse imma buy the whole dang state of Texas......prolly sell the Cowboys off to New Mexico though..... 😂😂😂😂
Hehe, works for me. I love the the cowboys..... losing, that is. Just, please, could you keep the Texans?
Oh yea, I love Texans, some of the nicest people I ever met. Plus y'all got pretty girls.......
Oh you meant the Houston Texans......yea they can stay to. Haha
"The time to buy cryptocurrency is now, the time to buy gold and silver bullion is now." Excellent words of advice sir. Followed and UPvoted :P
https://steemit.com/bitcoin/@hotsauceislethal/bitcoin-price-forecast-8-6-2017
Hey thank you! I checked out your blog, I'm positive your gonna teach me something. I like that.
Well done broncnutz! Bitcoin will most likely hit an all time high, then jump back down below three thousand. It is amazing to watch the crypto market.
Well it hit that all-time high, let's see if we get that drop I hope we do because I want to get a little bit more money in this market
Thank you broncnutz! I have been immersed in learning the crypto market for the last week, it is fascinating to a newbie! I am taking it slow; reading a great deal to educate myself. The legend of bitcoin creation back in 2009 is intriguing!
Learn all you can! Look....even if it's not Bitcoin that we use in the future.....crypto coins and blockchain technology is here to stay. The more you learn now, thr farther your out in front of the herd when it stampedes. Congrats, the fact your here reading this makes you not one of the "sheep "
Hello! Thank you for the boost of cheer this morning. I follow other "known writers" that believe the crypto's are nothing but a fool's journey. The "known writers" are into the precious metals completely. I came across information two days ago that Russia was investing in the Ether blockchain.
It might be a fools journey.....who really knows. I know one thing, I have used bitcoin to stack metal FOR FREE over the past 6 years. How much free metal have the nay Sayers got for free?
Bronc, you are correct. It's great that were able to accumulate the metal. If I was offered to be paid in bitcoin for my job, I would jump at it.
Such true words spoken from the heart! I joined the crypto currency world a bit later than you but have followed it just as long thinking that tangible assets would rise way before now. I was wrong but I'm still early on both accounts. You speak words of wisdom if only the one's who read them will take notice and act. Remember you can't make em' drink. Great pic! Always enjoy! Thank you.
Thanks again for reading my posts. I wanna help as many people as I can be set free from oppression
BN , I absolutely enjoy reading your posts. Great content from a level headed, interesting and caring being. Let me thank you brother. I'm glad I found you here on steemit. It's a wonderful place! Take care my friend.
Great post my friend!
Upvoted and resteemed
This post hits right on the money!
I can tell this crypto-rebellion is changing things.
I have my doubts about the ramifications of all this, still though.
Can't wait to see what happens next and work at profiting from it. :)
Thank you! Hope you enjoy others about this subject I have written and will continue to write.