There are all kinds of conspiracy theories about the value of bitcoin and the price manipulations going on behind the scenes, but there is one indicator which clearly shows its true value.
It is not something which “they” kept hidden either.
It’s almost as if “they” want to rub its value in your face, knowing that most people would be too blind or too scared to buy. And the indicator is on a little known website called CoinMarketCap.
Have you heard of it?
If you look at this obscure website which tracks the price of many of the cryptocurrencies available, and you look at the Bitcoin chart, you will notice something peculiar.
They have clearly pegged the value of a bitcoin at the $10,000 level, as indicated by the yellow line in the image above. The green line represents the trading price over time as bitcoin is adopted and becomes more accepted by the general population.
A good way to think of the yellow line is to compare it to the floor or base value of bitcoin over the long term. It is going to go above that before massive adoption takes place.
Why do you think there’s a weekly limit of $10,000 when buying bitcoin? They don’t want you accumulating too much. Even Jack Dorsey, CEO of Twitter is limited by this $10,000 weekly limit, and he seems to be maxing out his purchases while the price is still this low.
Now, I don’t want to say that there is a bitcoin price conspiracy… but… there clearly seems to be a bitcoin price conspiracy.
Just look at the chart.
And while many people have predicted a Million Dollar Bitcoin, giving each satoshi a one penny value, many transactions today require fractions of a cent. With a $10,000 USD value to BTC each satoshi would be worth $0.0001, or one hundredth of a penny.
Much easier for the massive banking cartels to manage your transactions with their global, uh, banking network.
*BTW, this is in no way financial advice. You’d be stupid to take financial advice from a homeless person, even if they do have a blog.