TERA
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November 07, 2016, 04:59:51 PM

I would never underestimate the will of the authorities to prolong that Wile-E-Coyote moment for as long as possible. However it does appear that monetary policy is reaching its limits, finally. Which means you either have to pull something really big/unexpected out of the bag (hear the distant sounds of helicopter rotors turning) or bite the bullet. As you say, markets don't do what you expect them to and I can't see how this will finish. My guess is it will be something almost no one saw coming, probably a complication caused by the desperate attempts to keep things going a while longer but one that remains very much in the background until it's too late.
I would want a few BTC hidden away for that day, though, and ideally very little debt.

If we assume that on a Clinton win that markets would rally, stabilize, and even possibly bull run early next year, then I can interpret that as only one thing: That Wall Street believes that she is more sympathetic to Wall Street, Banks, and the Fed, and what she would likely support when the equities/commodities market crash actually happens: MORE stimulus, MORE socialized losses, MORE interest rate suppression.... and MORE GOVT and CORP DEBT.

Which is exactly what we DON'T need more of.
If interest rates are suppressed, isn't that good for Bitcoin? I seem to remember a Bitcoin crash whenever interest rates were raised or spoken of being raised.