Idea based on tweet by Elon Musk
My view how this can become a true.
48 61 68 61 20 74 72 75 65 - those numbers Elon Musk wrote in his twitter in some day. I drawed an idea based on that. Till mid or end of september we will reach 68k - before financial fiscal year of US government. After fiscal year ending - we will get some "black swan" as in march 2020 and all markets will go significantly down. US government and FED will start printing money in hyper accelerated mad mode. At this point us dollar will rapidly turn into a Venezuelan bolívar - right now and till 74-72-75-65 phase of accumulation -> many funds, corporations and countries are buying and will buy further bitcoins. When people will awake and understand what is happening there will be a very small amount of available bitcoins on exchanges! We will get all derivatives as in stock market to the crypto space - those who hold crypto on cold wallets, who really own and hold it - will be rich, all others who hold their crypto on exchanges will simply have derivatives that will artificially multiply bitcoins in the future and lead this entire cryptocurrency system to the same collapse, but it may take some time - maybe even years or decades.
48 61 68 61 20 74 72 75 65 - those numbers Elon Musk wrote in his twitter in some day. I drawed an idea based on that. Till mid or end of september we will reach 68k - before financial fiscal year of US government. After fiscal year ending - we will get some "black swan" as in march 2020 and all markets will go significantly down. US government and FED will start printing money in hyper accelerated mad mode. At this point us dollar will rapidly turn into a Venezuelan bolívar - right now and till 74-72-75-65 phase of accumulation -> many funds, corporations and countries are buying and will buy further bitcoins. When people will awake and understand what is happening there will be a very small amount of available bitcoins on exchanges! We will get all derivatives as in stock market to the crypto space - those who hold crypto on cold wallets, who really own and hold it - will be rich, all others who hold their crypto on exchanges will simply have derivatives that will artificially multiply bitcoins in the future and lead this entire cryptocurrency system to the same collapse, but it may take some time - maybe even years or decades.
Comment
My prediction was false only in how fast this idea will realize. As I see the main movements are exactly as I predicted 3 years ago. So we are in the end phase of accumulation. I think accumulation would be till the end of 2024. And then bitcoin will start rising rapidly. Bitcoin would be new world reserve currency by the end of 2030.
But bitcoin would be a currency for international transactions between huge companies and countries. A currency backed by silver will be used in everyday settlements by simple people - thanks for John F. Kennedy 06.1963 executive order 11110.
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