One clear message received from Janet Yellen’s testimony: ‘Buy bitcoin’
From Market Watch
One message, in particular, stood out during Janet Yellen’s testimony before the House Financial Services panel: “Buy bitcoin.”Read more: http://www.marketwatch.com/story/one-clear-message-received-from-janet-yellens-testimony-buy-bitcoin-2017-07-12Of course, that wasn’t the Fed chair’s message. She was more focused on interest rates. Nor was it a photoshopped internet hoax perpetrated by some crypto junkie aiming for a viral Reddit hit.
No, while Yellen was busy doing her thing, an opportunistic bitcoin fan took it upon himself to hold up a “buy bitcoin” sign.
Desperate times call for desperate measures?
Bitcoin BTCUSD, +0.64% has been getting obliterated lately. Actually, the entire crypto market has been crushed over the past month.
Still, bitcoin is in the midst of a remarkable bull market, as you can clearly see by this chart of the past year:
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Wow, I have to say that takes some balls to hold that up in that room. Good on him! Hope he got to keep his job! One of the best pictures I have seen in awhile. Nice work!
Live from Capitol Hill in Washington!
BUY BITCOIN! HAHAHA 😎😎😎
That may have been what caused the market to reverse!
Oh my, this is one of the best things I've seen in a long time. Amazing! Thanks for sharing.
This whole central bank cartel, federal reserve, monetary system is a scam. They won't let people to decide their own fate hence I think they won't let crypto currency run for long as it has and it will eventually challenge their grip on global monetary system which I think they won't let it happen so expect one global currency soon e.g. their answer to crypto currencies
it's not really going to be up to them unless the whole internet gets shut down
Yes but how it's so easy for big banks to manipulate it by pumping and dumping moreover, unless governments around the globe legalize Bitcoin as legitimate currency, I think there is very little hope of getting rid off central banks any time soon and I believe central banks will issue one global digital currency to replace fiat currancies
Sure, they may try to issue one currency, but I don't think they can change the free market nature of crypto, and if it's a garbage currency that supports war and empire expansion, people won't use it. Who knows? Fascinating, that's for sure. I think a lot if is going to come down to actual real world use and if people start using it more and exchanging value regularly with bitcoin and other cryptos, it will take root and be unstoppable.
ROFL! that's why bitcoin went up =p
thats funny as hell i must say, so i upvoted that one for you my @cryptojunkie )
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That's hilarious!!! I wish more would do that.....