When do you think the bottom of the current market will be? Is it a good idea to wait to buy until after the Fed raises interest rates?

submitted by Ponderer from self.cryptocurrency

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[–]Ponderer[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

I see where you're coming from about CBDCs. You may want to know the Fed recently (past few days) released a document detailing the potential for a US CBDC. They didn't commit to creating one, but they invited public commentary which they hope to wrap up by March.

Just curious, what is your long-term forecast for the future? Not just financially, but globally, within the next few decades or even the next few centuries.

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

That is what I was referring to when mentioning a US CBDC.

The future looks like this: the markets will crash, the economy will get completely wrecked, inflation will run out of control, interest rates are going to go sky high, which means most people will be completely unable to pay for their houses, the housing market will crater, Blackrock will buy up even more real estate so that "You will own nothing" as per the Great Reset shit plan.

People will get so poor they'll be housed in FEMA camps and their equivalent worldwide, the Banksters will control people directly, the Gill Bates patent number 666 will be used to monitor people INTERNALLY (yes, I mean from WITHIN their bodies) for an absolute totalitarian nightmare, but the sucker of bergs' metaverse will come to the rescue and offer some solace to the slaves that people have become.

This isn't the end however, because sometime before 2036 the Sun emits a very strong flare, which creates an EMP that utterly soaks the Earth in its effects, killing everything electrical or electronic. Of course the Black Budget researchers have secretly developed fully optical computing and power delivery systems, enabling the powers that shouldn't be to continue operating their technology while everybody else is back to the Bronze Age, more or less.

And then 11 years later the Sun goes Micro-Nova, destroys > 99% of life on Earth, while the best of the best humans are set aside by the cosmic government to reseed our planet after the 1,000mph tsunamis and hurricanes, as well as the crust heaving and extreme volcanic activity that comes with the micro-nova subside. The Earth will be a lifeless ball of rock for a couple centuries, starting around 2047 at the latest. Maybe as early as 2036.

I keep wondering if I should intervene. On the one hand, humans need to see the results of their actions so they grow a bit of mind and perspective, but on the other such suffering on a wide scale is a pure abomination. It is a dificult balancing act. So I wait and observe.

[–]Ponderer[S] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

What is your timeline for this, specifically the stuff that will happen before 2036?

[–][deleted] 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

The timing of things is particularly difficult. I feel that the economy is getting irremediably and permanently wrecked right away, but that could take a few years. And it's the same for everything in that sequence.

The flare that sends mankind back to the Bronze Age could come within 3-4 years (I hope it does) but it could take up to 15 years. Obviously TPTSNB know this.