It's not the thread for this, but I would still like to post this.kapetan1122 wrote: Nikos i dont want to say you are right or wrong but i believe we are living in upside down world and nothing in history can't compare with this.there is global crisis and some of the companies are working with 20-50% of their production and we see ATH in stocks, people are sitting at home in USA and some other countries and earning 30-60% more than going to work,central banks around world are printing money like never before and throw it first to their rich friends and than small part to regular people, this money need to go somewhere becuase by day cash is losing value,some estimation is that this year inflation ll be 12-15% or more so we can see that biggest companies/hedge funds are starting to put money into BTC maybe not because they believe that BTC is something good but they just want to diversify their cash into anything that can protect them from losing its value.
Please, do not believe this myth about inflation being 12-15%. The market cap of just the stock market exchanges (not counting bonds, real estate investments, private investments, gold etc etc) is 85 trillion. Just CASH as in real bills, and current accounts there is almost 37 trillion in circulation. Printing a few trillion/year means that, just for stocks, an extra money inflow of 2-3%/year...if you take all other investments into account we are talking pocket change. Yes, it inflates the markets but by no means it causes a 12-15% inflation. Inflation like that would crash world economies, you should have some faith in central banks that they WILL reduce the quantative easing in case inflation goes above 2.5%, as they intend to do.