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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 379.87+0.4%Nov 11 4:00 PM EST
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To: TobagoJack who wrote (192809)10/21/2022 4:53:48 AM
From: maceng2  Read Replies (2) of 217706
 
The UK Government and Sterling currency look shakey. Happier then ever I have a little hard currency.

I regularly watch MoWS to see if his sentiment on BTC changes. He is a skeptic and calls them "Tulips". I think it's good to stray out of the crypto echo chambers and listen to skeptics. His view of "tulips" is they are

range bound but could fall either way. The downside caused by those sitting on big gains from years ago possibly finally get flushed out. As things stand a distinct possibility. All crypto being tied to the coat tails of BTC.

So I am not really interested how CSPR does in value at the moment, but more interested in how it performs against BTC, and it seems to be making progress. I like a simple projection using fork as it infers a linear investment scenareo, and this would be likely with long term investors. Using such an analysis, I project CSPR being worth 0.000003 of a BTC early next June (2023). If BTC is able to recover to $20k by then. either from investments or because of inflation, CSPR woould be worth 6 cents, or up 50% from today.

Being tied to the coat tails of BTC though, real acceleration could occur at some point, and the case for fiat being the worlds best store of value gets diluted every day. Not to say we wont see a crisis where all the debt money dissappears, thus causing scarcity, but that will change soon afterwards. There is little doubt about that imho.



If BTC goes into the crapper, I will be buying some more of that too.
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