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Title: Bitcoin On Fire: Approaching $14K
Source: [None]
URL Source: [None]
Published: Dec 6, 2017
Author: Me
Post Date: 2017-12-06 20:04:28 by Pinguinite
Keywords: None
Views: 1261
Comments: 12

I'm sure a pullback is due at some point, but this is surpassing my most optimistic expectations. It's gone up about 15% in 24 hours, which was already a price from which a retrace would have been normal and expected.

Next week, the CME is set to start trading "Bitcoin Futures" which are to be settled in cash, something I would equate to simply a betting house for what the real bitcoin price will be, and likely being implemented solely for the purpose of attempting to suppress the true bitcoin supply/demand price.

They might as well be "futures" trading on daily temperature highs for some random US city. It would be just as legitimate.

I am now wondering if we're witnessing now a global economic revolution against centrally issued fiat currency, something that couldn't happen with gold an silver due to the PTB's successful manipulation of those prices.

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Begin Trace Mode for Comment # 3.

#1. To: Pinguinite (#0)

What kind of cash is it settled in? thanks.

If everything is anonymous, how is it known to whom to send the cash?

Lod  posted on  2017-12-06   21:22:53 ET  Reply   Untrace   Trace   Private Reply  


#2. To: Lod (#1)

ghostdogtxn  posted on  2017-12-06   21:31:55 ET  Reply   Untrace   Trace   Private Reply  


#3. To: ghostdogtxn (#2)

Who knows? all that I have are questions about crypto-currencies.

Lod  posted on  2017-12-06   22:05:44 ET  Reply   Untrace   Trace   Private Reply  


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