You are viewing a single comment's thread from:

RE: Geopolitical Turmoil good news for Bitcoin?

in #bitcoin7 years ago

I think there's something to be said about that. A few years back - when I traded options - I spent some time comparing news stories about war and terror to the stock movements of the biggest weapons/military equipment providers. The correlation was clear. Great post.

Sort:  

Thank you. It's interesting that Bitcoin has become a store of value to investors. Although, Bitcoin seems to go up no matter the environment lately. :)

I know. I'm still very curious to see how the banks entering the crypto market will affect the whole thing. It's a bit disturbing to think that one (1) financial institution has the power (at least theoretically) to dump huge amounts of coins in one chunk.

haha...the biggest buyers and holders of bitcoin is wall street...the fight is against namely Eth allegedely Russia and China (look out for NEO)..They buy bitcoin just to maintain the huge gap between the other coins...who do you think let all this freedom of making coins be...the (g)banksters!! hahaha...

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.030
BTC 65527.96
ETH 3466.32
USDT 1.00
SBD 2.52