GBTC: Bitcoin Investment Trust (Not an ETF) OTC:QX Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : GBTC: Bitcoin Investment Trust (Not an ETF) OTC:QX

GBTC 83.34

-3.8%

Oct 30 4:00 PM EDT

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Elroy who wrote (189)	12/17/2020 4:55:49 PM
From: FIFO_kid2	Read Replies (1) of 270

Elroy- I wouldn't call it luck I would call it being astute of the situation. Any time governments hint about messing around with the normal order of things which will negatively impact fiat currency cryptos tend to make a huge percentage rise. Currently, I think more and more institutions see the risk and there has been a persistent large inflow into the space. You can see the correlation of very large percentage price rises in bitcoin and/or quality cryptos during the Cyprus (2013) and Indian (2017) confiscations. Cryptos are a preservation of buying power under an orderly scenario (where the internet will continue to operate) and I carry enough gold equities to hedge on a disorderly scenario.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next