RE: The #1 reason why bitcoin price is NOT a bubble
I wouldn't put it past Jamie Dimon or one of those clowns to orchestrate it. The Chinese are paying 50% more for a home in Canada than the same shed would cost in the states. It's becuz they realize that the yuan goes from a yawn to collapse in teh next year. Better to hold "something" for half your money than nothing at all. :-) Bank stocks worldwide are saying that the banksters don't even believe their own game. If they did BAC would be twice where it's at now. As one last move of "desparation" I could see some dummass bank board "liqudating" assets into bitcoin or some other farce. I stil say the banks will be buying U.S. govmint debt whenst BAC is making their bankruptcy announcement tho. Dollars are the "buy and hold" safe haven if you don't like volatility. Govmint debt will make you rich in two weeks of trading someday. Trumpf was right...Mexico will pay for the wall. Actually we won't even need a fukkin wall. :-)