Bitcoin Gains As FED Injects $200 Billion Into U.S. Financial System

in #threespeak5 years ago (edited)

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$200 Billion is huge amount of money, it would be hard to comprehend how put it. Considering it's corelation with Bitcoin, it's obvious Bitcoin will gain more in future, Unless and until that last Bitcoin is minned till then these shall be news every now and then to make contribute Bitcoin movement.

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With these many things going in the financial market, like currency crisis , quantitative easing, negative yielding bonds, Trillion dollar debts what is stopping these money to flow into bitcoin. Even if a small part of it had entered bitcoin the price action would have been completely different. Why isn't that happening? @nicholasmerten

In 2013 I came for the price.
Then I spent the next 5 years learning about monetary history, the fiat money system, the history of #Gold.

I began to gain clarity.

So many problems stem back to the money.
Change won’t come from the ballot box.
It will come from #Bitcoin

This is how crypto works guys. They want you to think #bitcoin is king and it will be the only one to survive.
Then BOOM #ALTSEASON And right when you think bitcoin is dead and you switch out of it, BOOM btc rises.
Be in alts now.
You might miss a 50% btc gain for a 1000% altgain

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I am currently buying #steem at these prices 😀

It's pretty amazing how the indicators looks like, thanks for basically analysing it well I feel the injection will bring an upward thrust $200 Billion will Indirectly influence it however this might not even get to be significant really. However it's a contribution

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~Smartsteem Curation Team

bitcoin doing great after that fall

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