Honorable Bitcoin

The source was wrong; and lately they corrected by updating the news!

Of course it was wrong, crypto liars !
Anyway, that doesn't change the economical dynamics. Bitcoin is a deflationary time bomb.
Crypto obsessed fools and illiterates never learn from the gold standard history.

Almost $300 more than yesterday on a few candles but the price has been flat for the last 21 hours. Looks like it's ready to take the plunge

No, it ain't gonna plunge soon. See the 2017 bubble ! The same pyramid evolution is repeating itself over and over.
And losers are happy because they think they'll recover the loses at the crypto roulette
Other stups may think bitcoin can save their slumping economies.

Time ago I have posted "the future on chart" for bitcoin.
Oh, sorry, 2019 came out much weaker than I thought

Tell you a secret, you Nox-KP-Mumbo-Gumbo morons,
inflation is not a money phenomenon, it's just a fkn slumping economy phenomenon, duhhhhhhhhhhh!
...

Remember people:
1. everytime you don't sell crypto, a whale does !
2. crypto never die ! ...because a crypto idiot is born every minute ! ...see the pic !

Again, the bitcoin limited supply is wrong.
For example, whereas one of the benefits of the rigid fixed supply is that the limitations to the growth of the money supply by the use of bitcoin would prevent inflation, if the growth of population or increase in trade outpaces the money supply, there would be no way to counteract deflation and reduced liquidity, and any attendant recession, ...except for the mining of more bitcoin. It's elementary.

Forget about Iran, Venezuela, Zimbabwe, Turkey, Argentina... bitcoin can't save anyone.
On the contrary, bitcoin can deepen recessions !

You have to be careful when buying or trading crypto

Darn it went up by $227 from yesterday. Crypto bulls have the hand for now.

Yeah, crypto retards are constantly born.
Crypto wannabes always follow the cheese. Nothing new under the sun

Looks like some people saw the light and sold Bitcoins. Down $211 from yesterday

Crypto doesn't move because of geopolitical risk. Crypto is moving only when the crypto whales want to.
You can easily see the sharp spikes for $500 in 2 minutes very often.
Crypto whale companies try to induce the impression that bitcoin is alive and reacts to geopolitical risk..
Yuck, pathetic try ...bitco!n

I would like to present here the right answer for those limited narrow little brains, yeah, those McAfeeNox-KPMGumboz, scums.

Here's from Fed Chair Jerome Powell delivering remarks on the first FOMC meeting of 2020. (Feb. 29) ...last question, Mark Hamrick.

The irony is obvious. Irony against all the cry babies and crypto wankers who want just to sit back and cry, fck the government, fck the banks, we are the smart crooks now ! ...and cash "cryptonized" untainted value on the expense of other people who work for them in the economy.
If recession, everybody can suffer consequences, but not them.
Crypto small crooks want their savings totally uneffected whatever happens.
They don't give a shit on the real economy and other people's lives They only care about their savings... and fuck the rest!
That's how they understand business, capitalism ...crypto delusional imbeciles and crooks who believe they are smart!

Mark Hamrick (Bankrate):
I want to ask you a question about the one of the unintended consequences over the years long low interest rate environment, and that is the savers haven't gotten as much return as would have otherwise been the case. What would you say to those individuals who've seen the Fed again cutting rates eroding their ability to get a higher return on their savings and how much would you take their plight into consideration, how much can you sympathize with them ?

Fed Chair Jerome Powell:
Sure, so we are assigned a job by Congress and that is to use our tools to pursue maximum employment and stable prices and that's our focus. Now, monetary policy is a blunt instrument but it's a powerful one ! So, I think if you look at the time since the financial crisis that was in the weaker fairly modest growth it was a powerful recovery in the labor market and part of that just as the effect of lower interest rates. So, many people benefit from low interest rates. In fact you don't hear when you talk to low and moderate-income communities, ...one thing you don't hear, is you ought to raise rates, that's not what you hear ! You hear quite the opposite, which is you know, please, do whatever you can to keep this expansion going !
I absolutely sympathise with people, if you are living on just the interest in a bank or on fixed income generally, then that's a challenging thing. On the other hand, if you own a home, home values... the housing market has recovered, other financial assets have recovered, so... but yes, for some people who are limited to those sources plus whatever other help they get, it can be challenging. I mean if we have to do what's best for the overall society and the economy, that those are our orders from Congress.

And I'll add... fck you, McAfeeNox-KPMGumboz !

With an income of $203,500 and with all the perks that are associated with his position Jerome Powel is a rich dude. I don't think that he cares much about other peoples and especially older people that are retired and see their savings erode with inflation. Here is the median and mean pensions for this year. Could you live on a gross pension of $24,224 a year?

You don't get the point, buddy. The main goal of the central banks is not to serve the retirees ! ...nor the McAfee-Nox-KPMGumboz paranoia, nor those wankers who just want to live on intrest or to see untainted value of their savings no matter what happens with the whole economy!

Yeah, bubble up !!!

Crypto never die ! ...because crypto retards are constantly born !

The most manipulated asset ever !...if any crypto whale fart the shitty bitcoin plummet $500 in 2 minutes, BAM, just like that !
...no inherent value, no scalable, unsustenable, a computer file backed only by Nox-KpGumboz sick wannabes !

It's amazing how many fools can to put together so much money !!

Bitcoin chart = The Global Stupidity Index (Tulipmania)
Bitcoin is rotten, but the cult's typical hypocrisy and idiocy will feed this stinking crypto utopia forever !

The role of central banks was to serve the people and the economy. Now the role of central banks is to serve the stock market.

See how Bitcoin is honorable.

Something must be wrong. A drop of $297 since Friday.

Bitcoin Usage Among Merchants Is Up, According to Data From Coinbase and BitPay

Mady: Oh, dear, finally, we found this coffee shop, they accept bitcoin as well !
Leila: Oh, rare thing, sweety... but hey, we love everything exclusivist, don't we !
Mady: Hey, here's funny thing, I bought bitcoin at 13K and now is 9.5K, you know !
Leila: OMG, you must pay now $2.80 for this $2 coffee! For me, I bought bitcoin at 6K, so this $2 coffee worth $1.25 for me ...hahaaa, gotcha!
Mady: True. Isn't it fun how unstable this crypto thing is?
Leila: Oh, yes, unfortunately! It's like gambling, you lose some, win some...
Mady: Hahaha! When you think some people use to"store value" with this crypto crap! OMG, how stupid is that?!?
_They're so stupid they even have hold misspelled, like hodl. Crypto geeks are desperate to look original, creative, ...but they have to pay big to get laid because they're actually boring
Leila: And stupid, hahaha!
Mandy: Oh, that's nothing, now imagine some little tiny yellow guy in his little crypto plant, he foot a $700 electricity bill only for your sweet coffee,
...one single bitcoin transaction ! Now that's crazy ! Can you believe those freaks ?!?
Leila: Nooo, get outta here, this is hysterically hilarious, poor devils, that's crass stupidity !
Mandy: Yeah, but don't mention it to the crypto cult guys, someone will have a heart attck

Meaning... bitcoin is an extreme volatile scam.
If you put your savings in bitcoin, you're a sick fkn moron.