Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2089. (Read 26609909 times)

Friend you are right. Shitcoin is not pumping in the current market. Just pumping and dumping bitcoins. But I think shitcoins will be pumping ahead.

Very very 180 degree opinion as a few weeks back

Liking this way more

Yes people are stupid.

Look at the ridiculous low interest paid on savings accounts WHILST interest rates are at 15 year highs.

Banks don't give a crap about the retail sector since daddy government ensures they can take any risk and will be helped out and thus need to offer no reward, and that is after many of them had to be bailed out using taxpayers' precious money in 2008.

"Fuck 'em all" was the answer Bitcoin provided. Yet, people still don't get it and rather stay with big daddy poisonous, parasite banks and have replaced religion with big daddy government.

Explanation

And what has fundamentally changed since previous crises, what should have forced conservative supporters of the banking system to change their views so radically? People are very inertial in their behavior, so they will carry deposits in banks for a very long time. Bitcoin gives them a choice, but they have to make that choice themselves. And most will almost certainly stay with the banks for decades to come.

Explanation

Running bitcoin

Sauce: halfin

I somewhat think "what do I care" but out of interest:  Bitcoin is dumping harder than shitcoins..

Any explanation?

Mine would be

1) people are stupid

2) fake Bitcoiners buying shitcoins to prepare for shitcoin pumps

Explanation

BREAKING: 🇧🇹 Kingdom of Bhutan's sovereign wealth fund is investing MILLIONS in Bitcoin  – Forbes


Source: Bitcoin magazine

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good morning buddy

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Explanation

It seems that for now the feds have succeeded in convincing people that the money in their US banks is safe and prevented a massive bank run. But this may only be apparent, and the truth is that this process continues and will intensify with time. So I expect that after a certain time, new banks will go bankrupt and again the shares of the banks will become 0, because for no coverage. Ironic, isn't it? How many fat-necked bankers  ranted against Bitcoin that it had no cover and was going to 0. Lo and behold, their stocks went to 0, and Bitcoin thrived in a bear cycle, peeling away from stocks in an emphatic way.

Nothing can now save the banks and the USD from another historic collapse, accompanied by a severe economic crisis and high inflation. At the same time, there are no more crooks like FTX to print paper bitcoins and thwart the natural deflationary process. So we'll probably see a price above 40K soon, and it's entirely possible that by the end of the year we'll approach or surpass ATH. It depends on whether the deluded fools who still trust the banks and the government will continue to keep their money there. Anyone with at least a little brain should immediately withdraw their money from the small banks and put it in the big ones with a guaranteed deposit, with a significant part invested in bitcoins. I believe that this process has already started, but it is still under the surface, hidden by the banks, who are trying their best to prevent Bitcoin adoption. But they don't know how to do it because there's no way they can hit bitcoin exchanges and banks without collapsing their own economy and that boosting bitcoin even more. And accordingly they will not succeed.

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IF? What is IF?
WHEN Bitcoin go #1, Microstrategy will be #2.

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If BTC goes # 1.. NVIDIA will be #2?
and what if Tesla allows mining bitcoin then Tesla #3?

https://www.reddit.com/r/Bitcoin/comments/12of6ai/wen_1/