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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2598. (Read 26711566 times)

copper member
Activity: 1526
Merit: 2890
I can't get over the fact that the last couple of months have been extremely stable for Bitcoin while traditional assets have been all over the place.  It seems like people would rather be holding BTC than the S&P 500 at the moment.  Even Elon Musk is saying on Twitter that smart people he knows are shorting the S&P 500 while he continues to hold his BTC.  If we do avert a recession and the Fed is successful with their 'soft landing' I think we will see the mother of all Bitcoin rallies.  I'm starting to see the perfect storm on the other side of the valley.

This means we are at the bottom now? Sorry JJG we are not going below 16k reevaluate your DCA...  Regarding the recession which analysts predicted is already upon us, but still bitcoin is showing consistency.

I think during recession people will be attracted to Bitcoin more compared to traditional S&P 500.

Bitcoin will prove itself a recession proof investment/asset Smiley


legendary
Activity: 2380
Merit: 1823
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donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
I can't get over the fact that the last couple of months have been extremely stable for Bitcoin while traditional assets have been all over the place.  It seems like people would rather be holding BTC than the S&P 500 at the moment.  Even Elon Musk is saying on Twitter that smart people he knows are shorting the S&P 500 while he continues to hold his BTC.  If we do avert a recession and the Fed is successful with their 'soft landing' I think we will see the mother of all Bitcoin rallies.  I'm starting to see the perfect storm on the other side of the valley.
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
Happy winter solstice.
It’s the day of the year that light beats darkness.



Oh JJ, come out, come out, wherever you are!
I’m going to make it really easy for you.
In the meantime:

Stuck in the middle with you

Quote
Clowns to the left of me
Jokers to the right
Here I am stuck in the middle with you.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 518
Merit: 547
Not sure if this had been posted before: https://www.bbc.com/news/technology-60576373

Now it's clear why they want Binance to collapse. You go against the system you die. What CZ did was he just refused to rob Russian users  Huh

WTF is happening in this world? I am with Binance on their decision. Average people shouldn't suffer from political drama/war whatever you name it.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 938
Merit: 1891
bitcoin retard

reminds me of a mETH gathering...


"climate conference cringe"
https://twitter.com/cwt_news/status/1605564705094991872
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2282
Merit: 2057
A Bitcoiner chooses. A slave obeys.
Don't make this mistake.



"Mistake"

They must have given Dad a NFT for Christmas instead of Bitcoin. Its very understandable passive aggressive behavior. Grin

Bitcoin update:
There is a high chance price moves back up to the 17500-17700 area then drop hard to 10k.
This move will be quick and could manipulate many traders and in the process price will print a double top pattern that could look like the one below.
https://ibb.co/89ghvr6

Source: https://twitter.com/profit8lue/status/1604606384913252352?t=wY5_WG9wq4yxLjJJrHwSXA&s=19

I would not recommend listening to the financial advice of anonymous Twitter "influencers" with Matrix profile pictures. But thats just what years of being in Bitcoin have taught me: Buy or regret not buying.
legendary
Activity: 2380
Merit: 1823
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legendary
Activity: 3234
Merit: 5637
Blackjack.fun-Free Raffle-Join&Win $50🎲
There is a high chance price moves back up to the 17500-17700 area then drop hard to 10k.

What wisdom, you really have to be a genius to come up with something like that. Fortunately, I deleted that social network, so I don't have to read all these pointless speculations.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 1204
Merit: 755
Homo Sapiens Bitcoinerthalensis
Facebook, Google, iOS they are our babies they can spy on anyone.

You forgot the mother of all spyware, Microsoft and What’s Up.
In fact, the scamdemic was nothing but a huge data mining operation, sided along with the vaccine agenda.
It’s actually very terrifying if you stop and think about it, and one has to go through great lengths, if he is to [try to] preserve his digital privacy.
What’s more, it’s getting to a point were it will not be [much] possible, unless we do something about it.

Fun fact, I enjoy giving away false leads, because you should always remember that what is tracking you, is nothing but a state of the art AI, JJG style.
That said, we are human, so we’re bound to make mistakes, regardless of our intentions.



oh gawd...

It’s God, you blithering robot.
It’s God, regardless which one, so even if you cannot believe in any, at least show some respect to others who do.



Yes... another way of suggesting that one of us suffers from delusions of grandeur.

Let’s put that to the test, shall we?



Hashrate follows price.  Not the other way around.

I expected nothing less of your handler.
Your sponsor gawds [AKA Bitcoin whales], cannot have the average Joe thinking otherwise.



Sorry that I have to be the one to inform you of such news.

No worries, it’s not news, it’s utter bullshit.



Well, if you are looking at the matter from the wrong direction, then it is going to seem confusing...

I’ll look in any direction I damn well like, okay?
You do you, and keep staring at the cave.



and yeah, even though hashrate follows price, the hashrate can get ahead of the matter, and there are other games going on with hashrate too.. so in the end hashrate is only one of the factors, anyhow.

Repeating yourself does not work on me, you should know that by now.



BTC price is affected by all kinds of matters, and the miners are playing their own little games.. and for sure, a lot of miners had a very good year on 2021, so they are kind of paying for that now, in terms of some of them overextended themselves and ended up gambling on the BTC price not going down as far as it did.. but that does not stop other miners (more efficient ones) from forcing out the less efficient ones.. including that some of the equipment that they bought went online during  a downward move in BTC price.

What a crack of diverting bullshit.
So what you’re essentially saying, is that the mining “ban” on China in the summer of 2021, did not affect the price.
Okay. Hahahahaha.



There could be some relation in terms of purging out as many of the inefficient miners as possible.. but there are other things going on, so you are likely going to end up with wrong conclusions (just like Philipma) when you get too obsessed with putting too much weight into the wrong factors - such as ideas of hashrate affecting price.

If the internet were to go down tomorrow, resulting in miners not being able to mine, you’re saying that it would NOT affect the price.
Muahahahahaha, whatever.



You are like the plato allegory of the cave dwellers in the cave watching shadows on the wall and striving to assigning significance to mumbo jumbo.

You - just don’t - go Greek on me, you’re not - in the slightest - qualified.
For a person that has been right on the scamdemic, since day one, don’t you think it’s an unfair quote?

I read somewhere that ChatGPT has an IQ of around 80.
Of course I don’t abide with that opinion, and think that my dog is orders of magnitude smarter than you.



Yes... you can buy the dip instead of DCA.

Gee, I’m glad we have your permission. Tongue



Have you been following the 'vices of Cryptotourist?

It’s my obligation to tell you that you’re starting to see ghosts.
Understandable, but do snap out of it for the sake of others.



Did Cryptotourist get another one of you?

We are all Cryptotourist.
LOL



“The greatest knowledge, is knowing how to remove ignorance”
Antisthenes


Get out of the cave people.
legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug
Not sure if this had been posted before: https://www.bbc.com/news/technology-60576373

Now it's clear why they want Binance to collapse. You go against the system you die. What CZ did was he just refused to rob Russian users  Huh

CZ is right. The criminal FED / US government organisation are wrong and think the US dollar cannot die.

The sanctions / seizing of Russian funds will be seen as a turning point in history, as stupid as coming off the gold standard under Nixon. Most of the funds seized weren't even from Russians who wanted to live in Russia any more. None of it made sense or helped end the Ukraine war one bit.

Why would China and Saudi Arabia help a dying dinosaur spend its silly dinosaur tokens when those dinosaur tokens can be seized if the dinosaur isn't happy?

If China / Saudi Arabia and Russia came together and set Bitcoin as the new oil payment standard, the USA would be completely fucked up its own backside and rightly so. With a diaper pooping criminal tosser at its helm.
No lifeboats. End off!

The big question I have is why are the UK and the EU behaving like lemmings and jumping off the cliff following that diaper pooping criminal tosser?! What has been promised to the criminal elite in charge behind closed doors?
The lack of empathy from the big banker tosser prime minister in charge we have here in the UK to those on strike and the poor is not going unnoticed by me. It comes across like the Canadian surfboarding tosser in charge and not giving a damn about the truckers earlier this year.
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