By Grand Rapids Anonymous
friday, february 6, 2026 at 1:33:00 a.m. est
“bitcoin to zero? Market analyst makes an armageddon-like prediction about where it's headed
“(seeking alpha.com) Richard Farr, chief market strategist and partner at pivotus partners, has issued a stark prediction for bitcoin (btc-usd), setting a price target of zero for the cryptocurrency.
“'our btc price target is 0.0. that’s not just for shock factor. it’s where the math takes us,' the strategist said, noting that bitcoin (btc-usd) has failed to function as a dollar hedge and instead operates as 'a speculative instrument correlated to the nasdaq.
“according to Farr, the cryptocurrency faces insurmountable obstacles in gaining institutional adoption or serving as a legitimate medium of exchange.
“'no serious central bank will ever own something where Michael Saylor controls the float,' he said on x, referring to the strategy (mstr) executive who has accumulated massive bitcoin holdings.
“the strategist also criticized bitcoin’s environmental impact, stating that miners 'are bleeding cash' while the network remains 'horribly inefficient as a transaction processor and wastes tremendous amounts of energy.
“Farr’s assessment aligns with warnings from Michael Burry, the investor known for predicting the 2008 financial crisis, who cautioned that falling bitcoin (btc-usd) prices could trigger a self-reinforcing 'death spiral.
“Burry noted that bitcoin, down more than 40% from its october peak, is now 'exposed as a completely speculative asset' that does not qualify as a debasement hedge like gold (xauusd:cur) or silver (xagusd:cur). 'sickening scenarios have now come within reach,' the investor wrote in a substack post.”
GRA: That's about right--zero.
--GRA
By Jerry PDX
friday, february 6, 2026 at 6:22:00 p.m. est
People have made a killing with bitcoin, at least the ones who got in on the ground floor and are profiting off the marks who are getting into it later on. If you do make a significant profit, best thing to do is convert to cash, which you can do but will have to pay capital gains, and possibly state taxes.
N.S.: That's a classic Ponzi scheme scenario, Jerry.
By Grand Rapids Anonymous
Friday, February 6, 2026 at 10:37:00 p.m. est
Back up to $70,000 today. EVERYTHING up today, except P.T.'s approval ratings (according to msm).
--GRA
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GUTHRIE ABDUCTOR(S)WANT 6 MILLION IN BITCOIN--OR "HER LIFE IS IN DANGER."
(NY Post)The fiends who claim they have kidnapped Savannah Guthrie’s mother Nancy are demanding $6 million in Bitcoin, a local TV station revealed.
“Multiple ransom notes have been sent out to the media, including one that was sent to us,” JJ McKinney from Tucson ABC affiliate KGUN9 reported.
“In the letter, the potential kidnappers demanded that the Guthries pay them $6 million before this Monday.”
"Or her life is in danger."
Savannah,her sister,Anne and her brother responded,"We will pay to get her back safely."
GRA:NOW I see and understand Bitcoin's use. They say it is the "currency of criminals".
--GRA
I'm reading this morning that there was a big argument about finances between Anne,her husband,Tomasso and Nancy Guthrie at a dinner,the night before the kidnapping. A so called "disparity" of "financial well being" between certain members of the Guthrie family and others. Is it possible this is being done by Anne's husband--hiring others to orchestrate the whole operation?
--GRA
Pick a number, any number between 0 and $1,000,000, and there is somebody who has predicted that number as the future value of Bitcoin. They've been on all the podcasts to tell us why.
I have not yet decided where I will invest my Allstate auto policy Passive Restraint discount of $6.04. One whole dollar per month? For the miracle lifesaving device that's so important that cops have quotas for tickets for failure to use seat belts even while uninsured drivers run wild, so wild that Allstate urges me to buy extra coverage to protect against them. I can join the Bitcoin of the Month Buyer's Club when the price drops to $1.
IS TRUMP PLAYING A GAME OF CHICKEN BY SENDING "DESERT STORM SIZED" NUMBERS OF PLANES TO THE MID-EAST? NETANYAHU ON WEDNESDAY AT THE WHITE HOUSE
(ZH)An eye-opening and massive number of C-17 Globemaster military transport and cargo planes have been observed heading to Europe and the Middle East, in what some monitors have forewarned looks like the build-up to major war in Iran.
One regional watcher and pundit commented in response: "112 C-17s are in or on their way to the Middle East. Guys, that’s a lot. Like Desert Storm a lot. Stay tuned."
GRA:Flip a coin I guess--heads,it's war,tails,no war.
--GRA
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