Bitcoin Correction Sees Nearly $4 Billion Wiped Off Value, as Price Falls 19% » Alex Jones’ Infowars: There’s a war on for your mind! It fell $520 in three days. This is the natural instability of all ‘to the moon, Alice’ bidding items. I predicted this correctly. This fake ‘money’ is faker than other ‘fake money’ and the world heaves with ‘fake money’ and note that gold, silver and other ancient object that represented ‘wealth’ haven’t shot upwards from near zero over the last 10 years like this fake ‘money’. As I keep saying, bitcoin’s real worth is…ZERO.
It is doomed to go back to zero. The pictures showing it as ‘money’ are fakes. They peddle this fraud by showing a fancy ‘coin’. Paper money is ‘cheap’ too. Gold and silver can be changed via hammering, heating, mixing metals to be other things. Paper money can wipe an ass or be burned when starting kindling in the stove, etc. But bitcoins are nothing. Pure nothingness which means it is a black hole money, a nonentity money, has zero value when it hits zero.
That is, you can’t use it for some other purpose. I keep pointing out that all ‘value’ items have to have a hard reality of some sort. A car, a horse, a cow, a bean (especially magic beans!) are all very real and can do things, transforms things, etc.
The only reason these stupid ‘coins’ gained any value was it could be used for criminal activities. Like the hackers demanding ransoms, it is used for other evil people like…KIDNAPPERS, etc. International drug dealers use it. It is a criminal tool.
Recently, they had to pretend it is used as money only to buy junk with it, you had to translate it into dollars or euros but why do that? If one held a ‘bitcoin’ for years, one could have profit off of this by selling it to a criminal operation during the heated ‘its going to the moon’ days but…most people paid a lot of money for this junk and got stripped of its value in mere days after I warned against this.
So…HAHAHA…by the way, I have some really neat magic beans, but I take no responsibility if a giant says, ‘Fee, fie, fo, fum, I smell…PU.’ Remember, giants are like big elephants or my old ox team, watch out when they dump on you.