During an interview with Rob Kirby of Kirby Analytics, Josh Sigurdson asked Mr. Kirby about this constantly repeated claim that Bitcoin is a "bubble".
Rob said he dismisses that claim as absurd and went on to call out the fiat system and dark money for REAL bubbles being created on the backs of the populace.
While the fiat system crumbles at its foundation, the markets get heavily manipulated and massive quantities of dark money hide in the shadows. While the system comes tumbling down due to incredible levels of centralization and quantitative easing, people are concerned about free market Bitcoin? There's a lot more at hand here and Mr. Kirby breaks it down.
You can find the FULL interview on our channel!
True revelation, nice!
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Thank you for bringing old Kirby's voice to Steemit. Have respected his opinion for a long time. Good to see.
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Great read overall! Thanks for sharing! Looking forward to hearing more of your thoughts on the crypto markets!
https://steemit.com/bitcoin/@college-is-dumb/bitcoin-crash-sunday-bitcoin-overpriced-investment-banks-manipulating-futures
https://steemit.com/bitcoin/@college-is-dumb/bitcoin-crash-sunday-bitcoin-overpriced-investment-banks-manipulating-futures
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It's my pleasure! Thanks for watching! :)
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YOU were the one who actually got me into crypto. I knew about bitcoin when it first came out, it made no sense to me and I could not justify spending money to get involved. YOU told me about steemit, and with my little bitty steemit rewards I bought a little bitty bit of bitcoin.
Some day, I will buy you a beer. Maybe many beers... CHEERS!
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My pleasure! Glad I inspired you to get into this! It's a great community, great potential and Bitcoin itself is a revolution. :)
Cheers!
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good post , we are living a revolution , now the question is how long the governments and the banks go to let that happens
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Nice post I follow you but follow me and Upvote my posts please !
I'm Student Help me please ,Please !
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Bitcoin is built on a solid foundation and not a bubble that it should be expected to vaporized
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Love me some Kirby! I gotta' go pick up the car from the shop but you can bet your as I'll watch this one later! I agree with what I've read as BTC is not a bubble. It's real "side parked" fiat rolling in as people find out what it's all about and want to buy it. The hell with the status quo as they've raped and pillaged long enough off the hard work of others. Time for them to work as well.............
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Great video!
I think this really is what the conversation needs to be in the media.. All the media stations are focused on how Bitcoin is gaining value so quickly but the real focus should be on why Bitcoin is gaining value so quickly. People are seeing it rise in value and usage and are finally realizing that our current system of money is unsustainable and waiting to crumble at its core.
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Yeah bitcoin is not a bubble, it's the future.
People all over the world are turning to bitcoin for their transactions and their store of wealth. It will continue to rise to astronomical levels until humanity puts all the wealth into bitcoin that it wants to put into it, which is a long time from now.
And people are talking about it more and more. Knowledge of the crypto world is growing faster. I for one am telling lots of people about cryptocurrencies and steemit, trying to get them on here. I'm new myself and I'm glad I discovered the crypto world (:
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Bitcoin is not a bubble imho, you can purchase a fraction of bitcoin even at 1 million $. The only thing is that it needs to scale fast otherwise it will fail as a currency, fees are way too high. Lightning network is in testing phase fortunately.
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Agreed. Those who call Bitcion a bubble usually don't even know what they are talking about.
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While I'm a firm believer in bitcoin, cryptocurrencies and the blockchain technology, I still think that the current price of bitcoin is somewhat inflated and that there might be some market manipulation in anticipation of the upcoming futures launch. However, bitcoin is built on a solid foundation both economically and technology wise and will have no problem recovering even if it exhibits a major correction following the futures launch.
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Is this all a set-up, cashing in on the misfortunes of new Bitcoin buyers?
https://steemit.com/bitcoin/@xsid/are-new-bitcoin-buyers-being-set-up
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Unfortunately some people are trying to convince us of the evils of the cryptocurrency.
Many governments do not want the existence of a cryptocurrency for them it is a threat.
Since it is impossible to control the society, as is the case with conventional money.
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