Found this comment interesting and the same reason i have been on the sidelines.... though i have been tempted lately to indulge.
Just seems too good to be true. What do you guys think?
"withoutexcuse20116 hours ago (edited)
The criminals know Psychology 101. One of the best way to trap a wild animal is the same for trapping people -- enticement! Set the trap with a juicy "reward" and then sit back and let nature run its course. In the case of humans that enticement - money - targets a basic passion : need and greed. The criminals will allow Bitcoin to go to 2,000 then 5,000 then 10,000 and who knows how high after that. The goal is simple - get the clueless people to accept digital money over hard money and then, when the prey is in the trap, slam the door shut! Since the 1990's I've been voicing that the day the criminals get the world to wholly accept a cashless system - be it Bitcoin or any other - that day will be THE END of the world as we've known it. The loudest "I TOLD YOU SO" awaits many clueless folk. Final comment : offer me a free 1-ounce gold coin ($1,260) and I'll run to get it; offer me a free Bitcoin ($1,480) and I'll politely pass."
The only measuring stick of the size of the true Mirage (not the piddly Trillions announced which are merely the tip of the iceberg) is unencumbered Price discovery of Gold, so paper Gold, Gold futures, Bitcoin anything but Gold. The rest is spelled out in the Protocols by mystics over a century ago..
..under the gold standard, a free banking system stands as the protector of an economy's stability and balanced growth... The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit... In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.
― Alan Greenspan