Fed begins to cut rates next week. Price is at 58.3k, creeping up. Q4 is getting closer and closer, starting to feel like launch will be soon.
That makes me feel as happy as a Biden in a Trump hat!
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 234. (Read 26498553 times)
September 12, 2024, 10:18:39 PM
That makes me feel as happy as a Biden in a Trump hat!
September 12, 2024, 10:01:18 PM
September 12, 2024, 09:27:37 PM
Here’s an interesting chart I came across on x. It shows basically the 4-year Bitcoin cycle but marked by the elections for President instead of the halvings. Given the market delay in adjusting for supply after halvings it makes for a nice looking chart but I still believe it is the halving cycle and not the elections that this is showing.
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good, but we meet some synchronism between 2 major events, whatever the causality.
also the victory of a new president opens generally a period of new optimism.
September 12, 2024, 09:01:16 PM
September 12, 2024, 08:37:38 PM
ECB decreasing interest rate by 0.25%...
Earlier this week I read that inflation is up again in the Netherlands. Today they claim inflation is going to be okay.What they never say is who caused the inflation by printing almost infinite amounts of money.
Printing of money is an attempt to hide the issue above.
The planet is the same size it was in 1965 when we had 2.7 billion
we have 8.1 billion same resources = the real problem.
solution?
warp drive could be one.
Technological improvements allows for an ability for the planet to support more people in 1965 as compared with 2024... I am not suggesting that the distribution is not sometimes compromised.
Another dynamic is that some of the technological improvements end up creating more value to extract so electricity connection is better all over the world.. and more value comes from certain kinds of technological improvements, yet not everyone is going to concede all technological improvements end up improving quality of life in equal kinds of ways, even including improvements in communications or assertion that finacial systems are not producing value but instead extracting and/or perverting value.
I am not going to claim to know all, many or perhaps even any of the answers, even though I will claim that this here little blue (or some say green) ball of a planet is more capable of supporting more people in part due to various technological improvements and/or innovations, and some of that is ongoing and even deflationary, even though surely broken aspects of monetary systems pervert values and even productive systems.
Of course i want to see Bitcoin pump as fast and as high as possible so i can finally place my order at the Porsche dealer.
Unfortunately, it will not happen anytime soon.
The pumping has already started!Unfortunately, it will not happen anytime soon.
it is problematic to approach bitcoin with a trading mindset, and also to be promoting such practices as if you really have the answers to bitcoin in the form of trading it rather than mostly holding it and accumulating it.
Sure there are going to be BTC price waves in bitcoin and probably overshooting in bitcoin is going to continue in both directions, and sure there might be longer term BTC holders who are in a position to sell some BTC on the way up, but truly having accumulated a lot of bitcoin (or even gotten to a place of overaccumulation) is not the situation for the majority of the world's population.. and sometimes, I even question if you are in a position to be fucking around with trading, since if you had established a large enough stash of BTC, you would not be thinking about your BTC stash as a trade.. but hey, whatever, you do you...hopefully not too many people follow your seemingly know it all nonsense that does not even seem to be applicable to newer investors, and maybe not even applicable to BTC investors who are in their first cycle... so hopefully not too many of the newbies sell too many of their BTC too soon because of you (and perhaps you also have been engaged in practices of selling too much of your BTC too soon, which is why you are still seeming to pump BTC trading rather than BTC HODL ideas).
September 12, 2024, 08:01:15 PM
September 12, 2024, 07:01:21 PM
September 12, 2024, 06:45:34 PM
I wonder why Berkshire holds 277 billion in fiat. Preparing for a crash..?
No...they ran out of ideas and don't want to screw up their 'legacy'.
watch it...after WB, they will just mimic S&P500 or S&P100.
September 12, 2024, 06:01:35 PM
September 12, 2024, 05:27:15 PM
Here’s an interesting chart I came across on x. It shows basically the 4-year Bitcoin cycle but marked by the elections for President instead of the halvings. Given the market delay in adjusting for supply after halvings it makes for a nice looking chart but I still believe it is the halving cycle and not the elections that this is showing.
September 12, 2024, 05:12:59 PM
Above $60K before the weeknd.
5½ days till rate Cut.
It should take us to at least the top of $65K an humble estimate
And new ATH during October.
Funny fact despite how September usually tend to be red
We are above September 1st closing price of $57315.7
and just a lil lower than August closing price $58976 using current Chartbuddy price of $58182.
So yes he might be preparing for a crash since TBH the stock market is quite in an uncertain position at the moment.
5½ days till rate Cut.
It should take us to at least the top of $65K an humble estimate
And new ATH during October.
Funny fact despite how September usually tend to be red
We are above September 1st closing price of $57315.7
and just a lil lower than August closing price $58976 using current Chartbuddy price of $58182.
I wonder why Berkshire holds 277 billion in fiat. Preparing for a crash..?
maybe he doesn't want to be caught off guard if fed doesn't cut interest rate.So yes he might be preparing for a crash since TBH the stock market is quite in an uncertain position at the moment.
September 12, 2024, 05:06:59 PM
I wonder why Berkshire holds 277 billion in fiat. Preparing for a crash..?
September 12, 2024, 05:01:35 PM
September 12, 2024, 04:01:42 PM
September 12, 2024, 03:01:35 PM
September 12, 2024, 02:59:30 PM
up up and away we go!!
It seems you are now the wall observer thunder man Phil 
September 12, 2024, 02:57:41 PM
up up and away we go!!
September 12, 2024, 02:49:55 PM
Fed begins to cut rates next week. Price is at 58.3k, creeping up. Q4 is getting closer and closer, starting to feel like launch will be soon.
September 12, 2024, 02:15:31 PM
When the real pump happens, nobody will be left questioning whether it is or isn’t the real pump. They will just be screaming buy with the most bullish conviction of their lives. When the bullishness gets so ridiculous it is funny, then you will now the time is upon you to sell. When Samson Mow is on MSNBC saying Bitcoin’s price is going up forever, be careful.
FUD first before FOMO
September 12, 2024, 02:01:31 PM
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