Friday, May 26, 2017 by Martin Mavis
Recorded 5/24/2017: The Health Ranger explains why the current Bitcoin bubble is a speculative “irrational exuberance” sucker’s rally that’s going to burn most of the noobs who are buying in.
Podcast Transcript: “What you are watching now is the final ‘Suckers Rally’. The blowout stage of Bitcoin as new suckers come on board in a speculative manner. It’s going to end catastrophically for people who are holding Bitcoins. Now, I am pro Bitcoin by the way. Thank you for joining me. This is Mike Adams, the Health Ranger and HealthRangerReport.com. I’m a scientist and I’m very well informed on the mathematics of the blockchain, distributed peer-to-peer ledger systems upon which Bitcoin is based. I understand the Bitcoin system. I actually mine Bitcoins. I have a solar-powered Bitcoin mining array in Arizona. I’ve been mining Bitcoins for a couple years. But I’ve sold my Bitcoins for Gold. I now have physical gold now instead of Bitcoins – and that’s a very smart move as I’ll explain here…”