Loading ...“Amazing the govt. would allow a competing currency unless they own it”.
That’s just the whole essence of the Bitcoin revolution. The govt. CAN’T STOP IT! It’s secure, non-centralized, border and govt. independent.
It’s also a freely-bid cash market, with no bankster intervention or manipulation. So it’s worth whatever a buyer is willing to pay for it. That’s why Elliott waves work so well on BTC… there is NO ‘painting the tape’ by the govt. or central banks. It’s a true reading of the mass psychology of the crowd. Mania? Maybe… but it’s predictable. That theory has worked well for me.