Always need a sizable dump immediately before the next big pump, for whatever strange market dynamics reasons

Arguably, yesterday’s dump to $58k on bad CPI news was exactly that

So is the start of the big pump that finally takes us out of the range we’ve been for the past year?

Possibly

Though not entirely clear, with past pumps like this having been fakeouts, as the chart shows

But possibly

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Middle East if you screw up this crypto pump again I swear to God

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Newton sure got rekt trading South Sea Company shares

He should’ve stuck to tangible investments like gold and silver, like the preppers suggest, right?

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Turing did exactly that, investing in 150lbs of cold, hard silver

Results?

> 100% loss

Worse than Newton’s trading

100% of Turing’s Silver was stolen, plus he paid extra to hunt for it

Tangibility is horrible for safety against seizure, no matter whether the thieves are governments or petty criminals

Horrible anti-seizure protection

Not just horrible, but literally the worst.

Non-trivial amounts of precious metals are the #1 most detectable thing, by plain old metal detectors that are everywhere these days, and regularly get stolen and seized

A store of value that is horrible on the seizure?

What’s the point!

Admit it, the point is you just like to touch it.

The more you like to touch it, the harder it’s going to be to hold onto.

There’s a reason why legit crypto, especially when used properly, is huge.

Anti-seizability is the #1 most important factor when planning for worst-case scenarios.

Legit crypto dominates here.

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NOW: 50-150 Chicago residents actively looting a train car, stealing what appear to be TVs and other goods

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1st day in crypto 15y in crypto

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When it’s uptober and bitcoin is 58k

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