Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2578. (Read 26712678 times)

OT: I had a cocky neighbor that rushed into building a very expensive second garage project during 2020-2021, when lumber and materials prices went 4X.

I spoke to him last year, and he said to me "Well ya know, lumber prices are never going to return to what they were (pre-Covid era). Because inflation."

Just checked. Lumber prices are back to 2016-2017 levels:

https://markets.businessinsider.com/commodities/lumber-price?op=1

Oops.

That's a big number. Does this in anyway impact decentralization nature of bitcoin?

Explanation

Twitter

Well, maybe that's why it reminded me to tell you such a thing?  Duh.


Your main points sucks bags of dicks, then. #justsaying


What I do know is that each of us have our positive points and our limitations and some of those are features and some are bugs. Repetitiveness could fall into either category - especially when having to respond a droning dweeb, like ur lil selfie.


I do say.  That's why I said it.


That's both not going to happen, and it is dumb.  Wow.  You scored two points simultaneously with that lame-ass suggestion.


Ok.  Maybe I used the wrong words?   so let me clarify.  Easy solutions need to be smart and practical too, and also to have the potential of at least not making things worse.  What you propose seems to make things worse... and probably because you fail/refuse to see that the current merit system is already providing a benefit in terms of reducing scammers, spammers and shills - which seems to be most of the reason that it was introduced.  We can agree to disagree on this point.  It's not like we are going to make progress in discussing it, and your whining about your NOT liking the status quo... so fucking what.  You are a brand new member who has no reputation anyhow.  You can go to any platform to build your reputation, especially if you are starting from zero.  How long have you been here?  like a week, right?  I just looked at your profile.. registration date 12/21/22. One week ago, as I type this post.


Don't think too long.  I already noticed that thinking very long will likely hurt you.**

**I am just trying to look out for others.  I am "caring" like that sometimes.

I am not opposed to the idea of theymos rotating merit sources, especially if he believes that some of us have accumulated too many merits and we are likely receiving way more credibility than we deserve..

So without really getting into the character of each or any of those specific members that you mentioned, I do not disagree with the general point that you are making in this particular example.


Fantasy thoughts of violence.  Don't really seem healthy, but hey, whatever.

You do you.

 


It's not a "pitch."  It's a statement to acknowledge where we be actually at - as I type this post.


Hm?  I had not realized.


Closed.  I don't think so.

I am pretty closed to shitcoins, even though I do entertain a little bit of some of the talk around shitcoins - not easy to completely avoid or ignore.


I doubt it.

Of course.. believe what you like.


You don't bother me... that much.. being annoyed from time to time is part of any interactions. It's pretty much a nothing burger in regards to whatever point that you are trying to make in regards to my having some kinds of materially relevant feelings towards uie-pooie.

So, can you go suck that bag of dicks now?***

***I am trying to figure out a way to ease out this "awkward" moment that you seem to keep wanting to pull "us" (if there is such a thing?) back into.

"ponzi" isnt what this seems to have been.

 this is just time tested and traditional olde skool embezzlement. "sometimes old tricks are the best tricks"

Only Bitcoin for her !!!




Image copied from cryptocrunchapp Facebook page.

Explanation

The 2022 was very rough for Bitcoin. Almost all institutional investors turned out to be ponzis. How and when the trust in Bitcoin offering institutions will be restored, I have no idea. I think the first few months of the next year will give us a hint what will happen in 2025. If the steady downward continues there are chances 2023 to end up with lower prices than now. And this will cast a doubt whether the halving will lead to a new ATH. May be this will be the first time for this pattern to break?

Now, it is clear to everyone that the price is no longer a function of demand/supply only. There are quite a few big players manipulating the price. Some of them do it legally, others completely illegaly. For example, the fishy everyday liquidation of the longs in 2022 was due to the war between 3AC and Almeida. The worst part is that Almeida shorted thousands of paper Bitcoins. Hopefully, the foul players will be all out of the play and this will bring a healing to the market. Then we can hope for a new ATH in 2025 and possibly an exponential bull run with ATH's above 150K.

But I'm a bit sceptical about the exent of the next bull run. First of all, there is always our arch enemy China with their pannic ban announcements every time bitcoin is in the bull territory for more than a month. Their whole economy is a tower of cards and they are terrified of bitcoin like satan of Jesus. And whether we wish it or not, hundreds of millions chinese will find a way to purchase Bitcoins during the bull run and then dump it with a huge loss when each monday PBOC publishes a newsletter how it will ban bitcoins, vpn's and put in jail the users of vpn's. Second, Bitcoin is a threat to the world fiat empire and there always be old corrupt clowns like Gensler, US and EU bakners etc. who seek a way to ban via POW enviroment arguments. And finally, there always be plenty of morons to trust other liars with their money, creating a cluster of ponzis which will collapse in the same way as FTX, Almeida, 3AC, terra, etc.

So, I expect the next bull run to start somewhere in 2025 with a possible delay to 2029 if there are other major issues. Then the bear market will come again, unless all the above scenarious change by then. I dream of a world with Bitcoin recognized as the only true money and becoming invincible to any FUD. Bitcoin survived all kind of trials and storms, and it will survive any other storm on the way. So, no need to worry about fiat savings and expenses. Just keep hodling+DCAing and all will be fine.

Is this his first BTC sell?

https://twitter.com/unusual_whales/status/1608139473908555777

since some users here may no longer look in, it is certainly difficult to reach all hat wearers...
then i might have to list them all here and hope that they all use the bitcointalk telegram bot from TryNinja and get triggered by it
and there are since the time also certainly new hats added

I think scenario 2 or 3 are most likely. I’m leaning towards scenario 3, I think more pain due to the situation the world financial markets are in. The US haven’t even admitted we’re in a recession yet.

Explanation

 I may be slightly biased but I think it's a wonderful idea

 

 Apparently there are 3 prevailing theories for the direction of BTC.
 1 BTC tanks further and doesn't recover to a new ATH until 2028
 2 BTC has bottomed and we make a new ATH at the end of 2024 and peak bull in 2025 (traditional cycle) *
 3 BTC hasn't bottomed (a black swan event causes further declines) but we still make a new ATH at the end of 2024 and peak bull in 2025 (traditional cycle with a near death experience? lol)

* bitboy's prediction.


 It's a lot of sideways and maybe some down followed by some up. 
 HODL

 

BTCump
for those who missed it on the last page

Explanation

When Elon was complaining that Tesla was on the verge of bankruptcy when Fed rates were at 0%, just imagine what sustained rates at 5%+ are going to do for his company if things don't change soon. 🤷

Also let's not forget that Elon sold a shit ton of Tesla stock (as well as bitcoin) at the end of 2021, supposedly for "tax purposes".  

Was he an absolute financial genius with expert market timing?

No. He was tipped off by insiders of where markets were going to go in 2022 and beyond.

Devil is in the details.
for the first time they actually sold some Bitcoin!

OT: China scrapping zero Covid policies announced in the last month of 2022. Expecting a full reopening early next year before or around Chinese New Year.

https://www.cnn.com/2022/12/26/business/china-travel-covid-quarantine/index.html
https://www.zerohedge.com/covid-19/hong-kong-scraps-covid-curbs-revive-economic-hub

Color me shocked. Shocked I tells ya! What timing!      

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