Thursday -- Morning Coffee News (early edition) -- "what crypto price slump"

floridanow (61)in #news • 7 years ago

Boy that was quick....everyone come back in from the window ledge...the crypto's on averaged served over 25% in a matter of minutes...Steem, Bitcoin, Ethereum and others.

What did we learn by reading the rags:

Ethereum rises on large investor speak --- it's funny, the same story we wrote about Wed am (you can check) is now the same story that Zerohedge is saying is the reason for the "uplift" in all -- and that is that cryptos are here to stay and they deserve a part in your holdings. And if you were to only put 10% of your savings in cryptos, that this could be a $5 Trillion crypto market. However, I made a mistake and said the rise this represents is not 500% --- but a 5000% return since the market cap today is @ $100 Billion (see the new story below) and the intraday chart for Ethereum

The NYSE (New York Stock Exchange) President "feels markets should be rigged more" (source below) -- yes folks, these folks are criminals. When you come out and say "I really don't want a true market or price discovery" and want to always win by driving prices up...then you 'no longer have a free market" -- and this is the way the US stock market is today. I am about 99.93% sure that the stock market remaining high is a matter of national security because the whole world depends upon ever increasing growth. At this point when the bubble bursts (and there will be a reason) nobody will believe in the banks, the dollar and we will have a new beginning.....when is the question? Maybe when they stop suppressing the price of gold and silver --- it's so blatant --- it's recorded --- it's been proven in court and the money changers keep printing --- it is going to change.