FED printed over $270 billion of fresh USD out of thin air and pumped it into the Banking System to keep it alive!

stephenkendal (77) in bitcoin • 5 years ago (edited)

FED printed over $270 billion of fresh #USD out of thin air!

#debt #derivatives #crisis #crash #ghostcrash

I thought I would share with you the latest tweet I have just posted.

The tweet reads...

This week, the FED printed over $270 billion of fresh #USD out of thin air and pumped it into the Banking System to keep it alive!

#Bitcoin has a Current Market Cap of less than $180 billion.!!

Just think about that for a moment.!!

#debt #derivatives #crisis #crash #ghostcrash

https://twitter.com/StephenPKendal/status/1175465299325456384

If you are on twitter please feel free to share the above tweet.

Toxic Financial Derivatives and Financial Instruments

As the Global Economy and Global Financial and Banking System continues to collapse under the sheer weight of toxic Financial Derivatives and Financial Instruments keep a very close eye on #Gold, #Silver and #Bitcoin.

Thanks again for reading.

Stephen

bitcoin gold silver ghostcrash news

5 years ago by stephenkendal (77)

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etcmike (76) · 5 years ago

Stephen,

I saw a tweet today talking about "Ghost of Failed Banks Returns". I immediately thought of your #ghostcrash tag.

Have a great weekend!
Steem on,
Mike

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7 votes

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steevc (73) · 5 years ago

Same reason as before, bid bot abuse @steemflagrewards

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steemflagrewards (69) · 5 years ago

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opb (46) · 5 years ago

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brupvoter (62) · 5 years ago

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edensgarden (6) · 5 years ago

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agrostis (57) · 5 years ago

No the FED prints money from NOTHING , not thin air - that is too kind to them.

God and silver had a very nice rally late on in Friday. Normally, it gets knocked back at the end of the week.

Do you have any time frame for when this system collapses?

MORE MONEY IS BEING CREATED ( SORRY, MORE FED PROMISSORY NOTES ), CREATING MORE AND MORE AND MORE DEBT.

ONLY GOLD AND SILVER ARE MONEY!

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stephenkendal (77) · 5 years ago

Do you have any time frame for when this system collapses?

It's already started.

The Financial System collapsed in December 2015 and we are coming up to 4 years of the crisis.

Stephen

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agrostis (57) · 5 years ago

Thanks for comment and vote comment - much appreciated!

I disagree, the financial crisis started in 2007/2008 and it has not recovered since then. With the bailouts, the financial system has carried on in it's reckless ways and not changed. It's a casino for them, but with a difference!!! If I win, I keep the money, if I lose, you bail me out.

I enjoy your posts on these matters and sharing our opinions - many thanks.

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minnowvotes (2) · 5 years ago

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minnowvotes (2) · 5 years ago

You got a 2.15% upvote from @minnowvotes courtesy of @agrostis!

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cryptorg (60) · 5 years ago

Another flaw of the fiat money as there is no control on how many you can through out in the market. Great pile for the blockchain which has limited supply that retain the value in time and even make it greater.

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1 vote

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builderofcastles (64) · 5 years ago

Go Banking System, GO!

right off a cliff

this is one of the problems with anticipating a bitcoin price.

If we had 100% adoption right now, bitcoin price would be in the high Billions.
(yes that means each satoshi is worth several hundred dollars.)

However, during the adoption, the dollar will become less valuable.
And derivatives even less so.

So, we will see 1 million dollar bitcoin.
But, i do not feel we will see 1 billion dollar bitcoin.

But at some point, the price of bitcoin will stabilize, like that car is worth 0.004 bitcoin

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2 votes

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stephenkendal (77) · 5 years ago

However, during the adoption, the dollar will become less valuable. And derivatives even less so.

So, we will see 1 million dollar bitcoin.
But, i do not feel we will see 1 billion dollar bitcoin.

Nailed it.!!

Stephen

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1 vote

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luca1777 (60) · 5 years ago

When do see the BTC price exploding?
That's the one million doller question, right ;)

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builderofcastles (64) · 5 years ago

NOW!!!!

Most people want to know an exact time, so they can like, borrow money, or go all in.

Neither of these things work.
Even if i was able to see a future, and totally knew when... just the doing of the above would change the future to a different future.

What will happen is the hole in the dyke will get a little bigger, and a little bigger,
and then bitcoin will go NO BID.

There is a time where no one will part with bitcoin for The US$

So, the dyke is leaking, and all the FED is doing is adding more water (to keep the level the same) which does nothing about the leak. Its just a matter of time.

I suggest putting everything you can afford into cryptos or silver.
After you have made sure that you have enough The US$ for expenses.
After you have made sure you have 3 months worth of food.

Sell all the toys you don't need / use right now, and convert them into cryptos.

And then have plans to trade for what you want with cryptos.

It will happen much faster than any of us will be comfortable with.