Bitcoin is now predicted to go to 10M within 10 years...
- Thread starter Trader Curt
- Start date
Know what else is just like that? Quality land.
So take note Johnny A.
If it does break $500K or whatever... you can bet that will happen way sooner and way faster than land will, but in the end if the price holds, land will catch up.
Sooo... one might do well for themselves and their family to take a little off the table if it reaches a 20X level here anytime soon (soon being 2-10 years)... and use that money to buy land.
Bitcoin might be the greatest thing since sliced bread, but you can't build a generational estate on top of it. Sell the rip when it comes, and use that money to buy land... before land catches up.
They are using the incorrect term, whether it's intentional or not, to project an emotional association
What they really mean is to call Tether a fraud, but doing so requires a higher burden of proof, i.e. a court ruling filed by a victim
There are no victims and Tether does not pay profits to anyone since it's not an investment that appreciates in value nor does Tether (Bitfinex) pay a yield
Others pay a yield on Tether because of a high demand for the Tether crypto asset, i.e. BlockFi, Gemini, Nexo, Celsius, AAVE, and many more
But we on ET are too smart and we recognize their mistakes for calling Tether a ponzi
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Know what else is just like that? Quality land.
So take note Johnny A.
If it does break $500K or whatever... you can bet that will happen way sooner and way faster than land will, but in the end if the price holds, land will catch up.
Sooo... one might do well for themselves and their family to take a little off the table if it reaches a 20X level here anytime soon (soon being 2-10 years)... and use that money to buy land.
Bitcoin might be the greatest thing since sliced bread, but you can't build a generational estate on top of it. Sell the rip when it comes, and use that money to buy land... before land catches up.
Yea, when btc hits $500K each, a good real estate would not be a bad investment to diversify to, plus with Milo and Figure.com can get a mortgage using Bitcoin also
They are using the incorrect term, whether it's intentional or not, to project an emotional association
What they really mean is to call Tether a fraud, but doing so requires a higher burden of proof, i.e. a court ruling filed by a victim
There are no victims and Tether does not pay profits to anyone since it's not an investment that appreciates in value nor does Tether (Bitfinex) pay a yield
Others pay a yield on Tether because of a high demand for the Tether crypto asset, i.e. BlockFi, Gemini, Nexo, Celsius, AAVE, and many more
But we on ET are too smart and we recognize their mistakes for calling Tether a ponzi
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Yes, I don't think Tether is a Ponzi scheme either. I think it's more like unlimited, centralized fractional reserve banking without regulation.
I like your description
Tether has created over 80 billion even if they blew half on yachts and mansions and the rest on hookers and blow, it doesn't seem it's going to matter since no one is redeeming them (or maybe hardly anyone)
Maybe if we get a severe Bitcoin and cryptos bear market, but if history is an indication, Tether was not redeemed for fiat during the bear market 2018-2020 (early)
Tether has become a trusted form of money and valued as equal to the US $ 1-1, perhaps valued even more since it has a high yield offered at many places whereas the US $ does not
Ca$hkari says hold my beer
BOJ says hold their Japanese beers
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BOJ offers four days unlimited bond-buying to defend yield cap
https://www.reuters.com/world/asia-...0-year-bonds-defend-yield-ceiling-2022-03-28/
Bitcoin and ethereum are two cryptocurrencies that I really trust. These are volatile enough to give traders opportuinity to earn profits and secure enough to be held or used for payments.