Interesting from Max Keiser
The *only* path poor people have to stop being poor is to buy #Bitcoin
Even if it’s only $0.01 at a time.
They MUST buy #Bitcoin or remain poor forever.
What ya think #Plebchain ?
Do you honestly think Klaus Swabb and them pricks at the WEF are going to let the poor get rich off #Bitcoin ? I'm starting to think it's all just a pipe dream and only those with illegitimate holdings will make bank off #Bitcoin
What say the #Nostriches ?
#Bitcoin always under performs in August, September before a halving and it's just about meeting the average this time around.
BTC price history raises serious questions ahead of Bitcoin halving.
Bitcoin (BTC) Entered Bloody September: Two Dates to Watch
The analyst noted that Bitcoin's return in August was -11.31%, which closely aligns with the average of the last two pre-halving years, standing at -11.71%. Looking at the historical data, he found that the average return for Bitcoin in all prior Septembers during pre-halving years was -17.29%, with an average price of $21,400.
However, considering only the most recent two Septembers, the losses appeared less pronounced, at -5.66%, with an average price of $24,400. Another interesting side is that in 10 years, Bitcoin has shown profitability only two times in September — in 2015 and 2016.
Is Bitcoin doomed?
Cowen's observations emphasize his belief that Bitcoin tends to exhibit negative dynamics leading up to a halving event. With the next BTC halving expected in less than 220 days, investors are left pondering the implications of the