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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Sultan who wrote (170693)4/18/2021 11:15:17 PM
From: TobagoJack  Respond to of 217906
 


I agree the fellow, but note the FUD (Fear, uncertainty, and doubt) can get worse

A slice re COIN ... all leadership of COIN sold much, but the issue is direct listing must involve some existing shareholders selling large, else no listing.

things do not feel bad



To: Sultan who wrote (170693)4/19/2021 12:01:31 AM
From: TobagoJack  Read Replies (2) | Respond to of 217906
 
Re <<Bitcoin ... Gold ... debate>>

Just out of send-tray

On 19 Apr 2021, at 11:57 AM, J wrote:

If the Chinese are doing it, they are setting up for a bum-rush, I wager, and if so, both BTC and Au are buy-buy-buys

My wager is that the eCNY shall have on-/off-ramps to both gold and bitgold, and in extremis, Russia and China can announce experimental settlement of trade balance by the bitcoins produced in each nation, as both are large producers

Should a trade deficit persist, bitcoin mines can be relocated in containers across the physical border, or easier, just switch the power feed from the deficit nation

Bitcoin represents little danger to either domain, and is deadly to many other like-minded domains and coalition of wastrels

On 19 Apr 2021, at 11:51 AM, W wrote:

From: National Inflation Association [mailto:editor@inflation.us]
Sent: Monday, 19 April 2021 8:56 am
To:
Subject: Chinese Rushing to Dump Bitcoin, Buy Gold!

You are receiving this message because you signed up for email alerts from inflation.us.
If you no longer wish to receive these messages, please click here to unsubscribe.


During the 48 hours following NIA's initial March 22nd suggestion of Bitcoin Cash (BCH) at $530 or 0.0093X Bitcoin (BTC)'s price of $57,000, BCH briefly dipped by 16.42% to a March 24th bottom of $443 or 0.0085X BTC's price of $51,874. From BCH's March 24th bottom, BCH began to strongly outperform BTC! Within 48 hours of bottoming, BCH bounced by 12.43% to a March 26th price of $498 or 0.0093X BTC's price of $53,797! At that point, NIA sent an extremely important update saying, "The Bitcoin Cash (BCH)/Bitcoin (BTC) ratio bottomed on Wednesday at an all-time low of 0.0085 and has since bounced strongly to 0.0093. If BTC makes another rally to $60,000+ we look for BCH to simultaneously explode to $1,000+!"

Over the following week, BCH gained by 19.5% to an April 2nd price of $595 or 0.01X BTC's price of $59,500! At that point, NIA sent another update saying, "BTC has a ton of resistance at $60,000-$62,000. Institutions are desperate to dump their BTC tokens on any move above $60,000. BCH is an undervalued asset that will only pick up momentum after it breaks through $600! Smart money is about to sell BTC and buy BCH! Many people are beginning to realize that BTC has failed as a medium of exchange (MOE), with even BTC maximalists admitting that BTC is mainly being used as a store of value (SOV) similar to gold. What these people fail to understand is that gold has real physical properties that make it a SOV and superior to all other metals. For BTC to be a SOV it must also be a MOE otherwise it has no reason to be a SOV! BCH is the only Crypto token being widely used as a MOE!"

This weekend, BCH hit a high of $1,217.95 for a gain of 129.8% since NIA's initial suggestion on March 22nd! At BCH's peak the BCH/BTC ratio hit a high of 0.01956! NIA hassent many alerts in recent weeks predicting that the BCH/BTC ratio would rise to a level of 0.02 and NIA's prediction came extremely close to coming true this weekend!

In recent days, many Chinese Bitcoin miners have shut down their operations causing BTC's hashrate to crash by 46.73%! They are rushing to dump all of their BTC to buygold causing a huge increase in the Chinese gold premium above U.S. gold prices. Chinese gold demand from BTC miners who have shut down operations is so strongthat the government is allowing 150 tonnes of gold to be imported into China despite the country already being the world's largest producer of gold! Many Chinese citizens believe that the Chinese government will soon be launching a gold-backed digital currency!



To: Sultan who wrote (170693)4/22/2021 6:15:17 PM
From: TobagoJack  Respond to of 217906
 
either cretins or astute folks are at work
time shall tell

bloomberg.com

Senators Seek to Attach Self-Driving Car Reprieve to China Bill
Keith Laing
23 April 2021, 04:59 GMT+8
Lawmakers pushing to allow U.S. automakers to sell as many as 80,000 self-driving cars apiece each year are trying to pin the fate of their measure to bipartisan legislation to enhance American competitiveness with China.

The measure backed by Democratic Senator Gary Peters, of Michigan, and Republican Senator John Thune, of South Dakota, seeks to provide U.S. safety regulators the authority to grant exemptions from motor vehicle safety standards that assume a human driver is controlling the vehicle -- only if the same level of safety is maintained.

The lawmakers want the National Highway Traffic Safety Administration to be able to exempt 15,000 self-driving vehicles per manufacturer from human-driving safety standards, a number that would rise to 80,000 within three years. Currently, an automaker can produce 2,500 of the vehicles for testing only.

Expert insight into the future of carsGet Bloomberg.com's automotive industry newsletter

“As Congress works to craft a legislative package meant to confront China and bolster U.S. competitiveness on the global stage, I believe that our amendment, the American Vehicle Competitiveness Act of 2021, will do just that,” Thune said in a statement. He added that the measure to allow automakers to safely test and deploy automated vehicles “will create thousands of jobs and generate billions of dollars in investment, not to mention the numerous safety benefits that AVs have the potential to provide.”

Read More: Volvo to Provide Vehicles for Didi’s Self-Driving Test Fleet

The two want to attach the measure as an amendment to the Senate version of the Endless Frontier Act, which may be put together by the Senate Commerce Committee as soon as next week. That bill has White House backing and bipartisan support in Congress. The lawmakers have teamed up on previous attempts to pass self-driving legislation in the Senate that failed.

Jason Levine, executive director of Center for Auto Safety, decried the effort to expand the number of self-driving cars that automakers are allowed to sell. “Throwing open the door to more unregulated testing and under-regulated sales without a strong oversight mandate is no way to bolster diminished public trust in driverless technology,” he said in an email.

Ariel Wolf, general counsel to the Self-Driving Coalition, which represents companies such as Ford Motor Co., Uber Technologies Inc., Lyft Inc. and Waymo LLC, said the amendment “will pave the way for AV technology to save lives, unlock new economic and mobility opportunities, and promote American leadership and innovation in this globally competitive arena.”

— With assistance by Daniel Flatley

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