You ever think that Ray Dalio's foreshadowing is coming true.
The rise and falls of empires.
The down slope of an empire was something like:
- becoming fat and lazy (unproductive)
- debasement of the fiat
- bigger and bigger divide of wealth classes
- civil unrest/war (Venezuela inspiring a similar revolt in US because of distrust in government)
The mtGox kraken distribution wallet just emptied. Maybe the 100000 creditors are finally getting their Bitcoin.
Could be some sell pressure for a bit.
Perhaps our last buying opportunity.
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