RE: Is Bitcoin Overpriced? | Bitcoin TA

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Is Bitcoin Overpriced? | Bitcoin TA

in analysis •  6 years ago 

The west will loose its economic power to Asia (China) by 2032.
One of the major reasons if the not the reason Bitcoin had a this big rally is because Chinese use it to smuggle there money outside China driving huge demande for BTC.
80 % of terminals where in China.
Communism' socialism !? No not me to many people suffered because of it.
There is no way government will allow Bitcoin or any other token to replace the $ like many claim.
Let's enjoy this market for now. I think its still to small for them to intervene but wen it gets closer to a trillion + make sure to be prepared to exit :O

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Interesting prediction. I hope you are not right. :D