Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 232. (Read 26711220 times)

I am always been a lovey dovey, also during the three he’s of sorrow during Covid (as far as Bitcoin price is related): can you disagree with that??

Oh gawd.. you come up with some crazy-ass shit sometimes, and sure you are not totally looney either, since you aren't saying things that are impossible to happen.. and even to be amongst motivations of some of the players to make certain kinds of extreme pushes... that sometimes end up going in both directions... but still.. it sometimes it is like you are purposefully downplaying more base-case scenarios .. Occam's razor sorts of stuff.


Even if sub $40k did not happen after that statement, that statement is not outrageous if no one took the other side of the bet.

Why everyone so lovey dovey when the BTC price is going up?  especially Italians.. .#justsaying

Every number from 41k to 93k = Joe Biden
Trump and Musk could be setting up the big short.

Then when all is dumping btc down to 35k and D the shitmcoin down to 2 cents come back and sweep in tons of discount coins.
I am not particularly pro or anti Trump. But he cut all crypto hard and stocks too with his like kind trade rules put in on Jan 1 2018.
I do think we will survive the insanity of the next four years.

I guess I will need to learn more German and Russian to get along.
back on point how high does btc need to go to-in the next 60 days
But for today my L7  burning 3000 watts earns more btc than my four t21s burning 12000 watts.

I watched this  game a long time. That 3000 watts earns as much as 12000 watts will shift.
There are a few ways for it to shift. one of the shifts possible is BTC runs up to 180k in the next 60 days.
I honestly think that a run up to 150k before they swear in Trump is the most likely way  that earning disparity changes.

oh to duderino 95k by sunday night.

The US government has not bought gold in the last few years. Especially not for reserve purposes.

Maybe in the last few years (in part)?

Maybe in the last few years (in part)?

So when the US bought gold other countries dumped their USD?

Last time the US bought gold as a reserve asset, the whole world was still under the gold standard. Currently, the whole world is under the fiat standard. That's the difference.

The four year bitcoin cycle is dead, IMO.

This time is different:
1. Purchase of $MSTR completely new supplies
2. $MSTR copy-cats/other corporate buyers
3. State buying/establishing $BTC reserves
4. A massively pro-Bitcoin administration in the US for the next 4 years

$BTC is only going to go up from here, with some volatility.

X

So when the US bought gold other countries dumped their USD?

Gentlemen,
Believe me when I say that the price is the consequence of being right, not the cause.
And the feeling of being right, and being right with you guys, the WO gang, is a by far superior feeling than seeing the price going into six figures.

look at the wall at 100k though lol

gonna bounce hard off that for a bit methinks

however being wrong is a personal hobby of mine.

This bears watching.
we went from 68k to 91k

and we lost hashrate.
It could mean the major mines are very filled with gear.

Much like when my 300kwatt mine became power maxxed we found we need to dial back a bit. One would think that the big players would want to load up on gear.
This bears watching to see if we are going to see mining hashrate will be flat into a massive price rise.

Too small to know if it is a real trend.
BTW in the 2017 runup this happened prices mooned like made and hash rate did not.
hears to that.

This 100k wall looks impenetrable. Bitcoin, please prove me wrong.

Trump is completely unpredictable in this case because he was the president of the US from 2016 to 2020 and at that time he said that Bitcoin was a scam - and towards the end of his term he passed some very unfavorable laws for Bitcoin which were then mostly revoked by the Biden administration, and it should also be taken into account that futures and spot ETFs were approved precisely during the mandate of the Biden administration.

Trump doesn't have to "thank" anyone except those with big wallets who financed his campaign, and ordinary people served the purpose of voting anyway, and for the last time as Trump promised them.

Even if the US starts buying BTC for its reserves, I don't believe that the EU would follow that example, let alone China. The ECB with Lagarde at the head has an extremely negative attitude towards Bitcoin and cryptocurrencies in general, while China with its communist ideology does not want anything it cannot control, and even less something in which the US will have a large share.

As for Germany, it was not the German government that seized or sold BTC, it was a German province where the seizure took place, and they only followed the law in liquidating the seized funds. In addition, I think that the member states of the Eurozone cannot make any investments of this type without the ECB - a few years ago, the question of selling part of Italy's gold arose, considering that at that time they were the third country in the world in terms of gold reserves. As far as I remember, the ECB commented that selling gold to refinance debts is not an option.

Why? What's the last time the US government issued an act to buy gold as "strategic reserve" or anything similar? The gold in their reserves is kept for legacy reasons.

I think if that was true I guess most countries would have already dumped their USD for Gold...

If the US starts buying BTC as a reserve plan, that sends the signal to every other country that BTC is better reserve currency than USD. And since the entire world keeps reserve in USD, it'd encourage everyone to dump USD for BTC.
..

Trump is completely unpredictable in this case because he was the president of the US from 2016 to 2020 and at that time he said that Bitcoin was a scam - and towards the end of his term he passed some very unfavorable laws for Bitcoin which were then mostly revoked by the Biden administration, and it should also be taken into account that futures and spot ETFs were approved precisely during the mandate of the Biden administration.

Trump doesn't have to "thank" anyone except those with big wallets who financed his campaign, and ordinary people served the purpose of voting anyway, and for the last time as Trump promised them.

Even if the US starts buying BTC for its reserves, I don't believe that the EU would follow that example, let alone China. The ECB with Lagarde at the head has an extremely negative attitude towards Bitcoin and cryptocurrencies in general, while China with its communist ideology does not want anything it cannot control, and even less something in which the US will have a large share.

As for Germany, it was not the German government that seized or sold BTC, it was a German province where the seizure took place, and they only followed the law in liquidating the seized funds. In addition, I think that the member states of the Eurozone cannot make any investments of this type without the ECB - a few years ago, the question of selling part of Italy's gold arose, considering that at that time they were the third country in the world in terms of gold reserves. As far as I remember, the ECB commented that selling gold to refinance debts is not an option.