Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 110. (Read 26461568 times)
August 13, 2024, 01:01:13 PM
August 13, 2024, 12:50:00 PM
OT, not worth posting, really, but here goes. Just got served a "Sovereign Citizen" (a.k.a. "SovCit") video on YouTube, probably due to my recent binge on true crime videos. If you don't already know them (I didn't), SovCits are people who choose to apply their own, pseudo-legal interpretation of the law, typically rejecting Social Security numbers, driver's licenses and vehicle registrations, leading to some hilarious footage when stopped by police for traffic violations.
"I'm not driving, I'm traveling!"
"This is not a car, it's a travel shuttle!"
"Officer, I'm calling 911 right now!"
Good for a quick binge if you have free time for some fun, but don't waste more of your time there. Flat-earthers v0.10
"I'm not driving, I'm traveling!"
"This is not a car, it's a travel shuttle!"
"Officer, I'm calling 911 right now!"
Good for a quick binge if you have free time for some fun, but don't waste more of your time there. Flat-earthers v0.10
August 13, 2024, 12:12:33 PM
what up with that chart 📊
the usa is an asset?
eurozone is an asset?
china is an asset?
japan is an asset?
the usa is an asset?
eurozone is an asset?
china is an asset?
japan is an asset?
dude...it's just a small ESL misnaming.
He meant the value of the country currency in comparison with bitcoin or gold (in $$).
However, bitcoin is not just a currency as we all know.
The numbers are wrong anyway: USA M1 is 18 tril
Quote
M1 consists of (1) currency outside the U.S. Treasury, Federal Reserve Banks, and the vaults of depository institutions; (2) demand deposits at commercial banks (excluding those amounts held by depository institutions, the U.S. government, and foreign banks and official institutions) less cash items in the process of collection and Federal Reserve float; and (3) other liquid deposits, consisting of other checkable deposits (or OCDs, which comprise negotiable order of withdrawal, or NOW, and automatic transfer service, or ATS, accounts at depository institutions, share draft accounts at credit unions, and demand deposits at thrift institutions) and savings deposits (including money market deposit accounts). Seasonally adjusted M1 is constructed by summing currency, demand deposits, and other liquid deposits, each seasonally adjusted separately.
https://www.federalreserve.gov/releases/h6/current/default.htmCirculating currency in US (I assume) is 2.35 tril:
https://ycharts.com/indicators/us_currency_in_circulation
I am not sure where eurodollars are counted...based on the definition above, those are probably outside of M1.
August 13, 2024, 12:05:58 PM
ok if you insist lol
and maybe you sold your gox coins. i didnt.
August 13, 2024, 12:01:14 PM
August 13, 2024, 12:00:29 PM
Guys, we got passed EmptyGox without barely an abrasion. It has been hanging over the market for 10+ years and I have lost count how many times some Gox FUD has hammered the price down during the decade. That page has turned now, forever. Hugely bullish.
LOL. You “gox didn’t matter” people are so delusional. The price went from $73K to $49K during the most bullish inflow period in Bitcoin’s history in expectation of the event and now we’re still 20% off the high as the market tries to work through what is happening and those who stepped up to save the market at $49K are able to liquidate and take profit. If it wasn’t for gox we’d be 50% higher right now and when they’re done with the distributions we’re going to take off. No point in pretending the market shrugged it off.
LOL back at you.
You can continue to cling to your delusion or you can look at the facts: first it was Germany 2 bil sale on a short notice and in a very short time period and then Japan's sudden rate hike dislocating ALL markets due to the yen carry trade partial unwinding. MtGox was largely a non factor aka priced in.
August 13, 2024, 11:54:51 AM
Guys, we got passed EmptyGox without barely an abrasion. It has been hanging over the market for 10+ years and I have lost count how many times some Gox FUD has hammered the price down during the decade. That page has turned now, forever. Hugely bullish.
LOL. You “gox didn’t matter” people are so delusional. The price went from $73K to $49K during the most bullish inflow period in Bitcoin’s history in expectation of the event and now we’re still 20% off the high as the market tries to work through what is happening and those who stepped up to save the market at $49K are able to liquidate and take profit. If it wasn’t for gox we’d be 50% higher right now and when they’re done with the distributions we’re going to take off. No point in pretending the market shrugged it off.
August 13, 2024, 11:36:48 AM
Guys, we got passed EmptyGox without barely an abrasion. It has been hanging over the market for 10+ years and I have lost count how many times some Gox FUD has hammered the price down during the decade. That page has turned now, forever. Hugely bullish.
https://x.com/bitcoinmagazine/status/1823377472953401645?s=46Yep and it was my question yesterday.. Seem like MTGOX still have 33K BTC : https://x.com/MtGoxBalanceBot/status/1823361398614716921
And on the other 110K distributed, how many BTC in % was really distributed by the exchanges to the final creditors/customers ?!
August 13, 2024, 11:15:48 AM
Guys, we got passed EmptyGox without barely an abrasion. It has been hanging over the market for 10+ years and I have lost count how many times some Gox FUD has hammered the price down during the decade. That page has turned now, forever. Hugely bullish.
https://x.com/bitcoinmagazine/status/1823377472953401645?s=46 August 13, 2024, 11:01:16 AM
August 13, 2024, 10:17:29 AM
Which chart? I only see some words to the tune of "This user..."
August 13, 2024, 10:07:27 AM
what up with that chart 📊
the usa is an asset?
eurozone is an asset?
china is an asset?
japan is an asset?
the usa is an asset?
eurozone is an asset?
china is an asset?
japan is an asset?
August 13, 2024, 10:02:59 AM
NEW: #Bitcoin is now the 6th top monetary asset in the world 🙌
Source.
What do you expect as a real asset in the first 3 by next November?
Source.
What do you expect as a real asset in the first 3 by next November?
August 13, 2024, 10:01:14 AM
August 13, 2024, 09:21:48 AM
August 13, 2024, 09:01:14 AM
August 13, 2024, 08:01:16 AM
August 13, 2024, 07:38:43 AM
Is it necessary to buy Bitcoin to change life?
what i should do
i did
Buying something while having 50k, in future btc will hit 100k from which double profit will come.
Bitcoiner
what i should do
i did
Buying something while having 50k, in future btc will hit 100k from which double profit will come.
Bitcoiner
August 13, 2024, 07:01:14 AM
August 13, 2024, 06:01:14 AM
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