Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2655. (Read 26711388 times)

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How to tell when the bottom is in?

The MSM will signal it for you, with massive FUD headlines:

Bitcoin could plunge 70% to $5,000, Standard Chartered predicts, in possible 2023 ‘surprise’
https://www.cnbc.com/2022/12/05/btc-bitcoin-could-fall-to-5000-standard-chartered-predicts.html

Jim Cramer urges investors to exit crypto – ‘it’s never too late to sell’
https://www.cnbc.com/2022/12/05/jim-cramer-urges-investors-to-exit-crypto-its-never-too-late-too-sell.html

  

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7k usd a nightmare?

lol

really points out how far btc has come since i started out..  if i had heard of a 7k usd price prediction back in 2011 i would would of laughed so hard i prolly would of needed an emergency department visit.

now 7k is nightmare fuel. heh

buckle up boiz, you aint seen nuthin yet.

I always say it.  We are down what, like four times from All Time High.  Even $50 extra per week is a lot.  But if dollar matters that much, when we go to All Time High the $50 I earn today will be $200.  That work I did for 'only' $50 will be valued four times more, all I have to do is wait.  I know there will be a time when All Time High will be back, so I just think in that level of prices by multiplying any amount I buy by how much there is left to All Time High and it motivates me a lot.

If we stay in the same range for two months and earn an extra $50 per week.  And then Bitcoin doubles.

I will continue earning $50 extra per week while all my previously earned $50 now become $100's.

This is of course not something you can tell anyone.  I can talk about this with you, because I am sure you also know Bitcoin is not going to sit forever where it is now.  I avoid telling non Bitcoiners because if you tell this to someone who is desperate to make profit, they will start doing exaggerated actions like selling their house, items or car to buy Bitcoin with all the money and whine about Bitcoin dropping $500, then sell their Bitcoin in big panic and then cry forever about their loss.  Because they think in dollars and live in the 'NOW' when they can try instead to create a vision of a better future for themselves and accumulate.

But jokes on you, I am multiplying money having fun accumulating satoshis AND I have my own banking and coins nobody can control.

Like you say.  These are the kind of people who are going to stay poor.

-
Regards,
PrivacyG

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Are you referring to the game this morning? because that was South Korea, or are you referring to Friendly between Brazil and Japan on the 6th June 2022?

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 Friendly neighbour Bob passed away too.  HE managed a few more years than Kirstie though.



 RIP Mr. McGrath

If having an old Samsung desktop monitor makes one rich in your view, then yes  

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AWww.  71 is too young to go.



 RIP Kirstie Alley

Actually, that is a good point too.  

I had not had a lot of those kinds of conversations recently, but historically, I recall so many forum members considering the various ways that they could either get bitcoin for free or to try to get a job to earn bitcoin, and sure, there is nothing wrong if a person can actually earn bitcoin, but sometimes the amounts might be so small that it might be way better to just figure out ways to increase cashflow and to actually buy BTC on a regular basis rather than dickering around with various ways to try to earn free bitcoin that might not flow as easily as merely buying the bitcoin on a regular basis, and like you say PrivacyG, it seems to be a good thing, when possible, and when guys/gals are in their working years to figure out ways to be able to earn more income (even if dirty fiat) and to buy more BTC because of the earning capacity (or cashflow) had gone up.

.. increase income, decrease expenses and buy BTC regularly even if there might merely be an extra $50 coming in per week, that might end up being an extra $50 that could go into stacking sats.


Sounds like a no coiner dream... and someone with decent chances of having fun staying poor.

Standard Chartered Bank: Bitcoin Could Fall to $5,000 Next Year



Standard Chartered Bank published a note titled “The financial-market surprises of 2023” Sunday. The note outlines a number of possible scenarios that “we feel are under-priced by the markets,” wrote Eric Robertsen, Standard Chartered’s global head of research.

One of the scenarios is bitcoin’s price dropping to $5,000 next year, which would be about a 70% drop from BTC’s current price of around $17,000.

What are your suggestions about this prediction of bitcoin price??

Information source

This reminds me of this Pivoooot!!!
https://www.youtube.com/watch?v=8w3wmQAMoxQ