https://www.marketwatch.com/story/how-powell-pivoted-away-from-the-feds-dovish-message-and-tanked-the-markets-11667422338
Who would believe anything they say at this point?
They are hawkish in the morning, then dovish in the afternoon or vice versa.
Markets drop 1000 points-they are leaning dovish, then markets rise 1000 points-they are hawkish afterwards.
There are no reliable policies.
Watch for another 500 DOW points down, followed by a "magic" reversal of 500-1000 points.
Sheesh...
EDIT wow, AMZN got a bit more than halved and is only a few bucks away from the March 2020 bottom; META lost 76%, GOOG 42%
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2829. (Read 26716595 times)
November 02, 2022, 05:24:04 PM
November 02, 2022, 05:01:18 PM
November 02, 2022, 04:59:21 PM
Pro tip…
Don’t reply or quote or announce “ignore”
to attention seeking whores. That’s their worst punishment.
Don’t reply or quote or announce “ignore”
to attention seeking whores. That’s their worst punishment.
November 02, 2022, 04:16:46 PM
75 fucking basis points...
Go & suck on Rick’s Stick
November 02, 2022, 04:15:15 PM
75 fucking basis points...
November 02, 2022, 04:06:44 PM
Been a while since I walked amongst you degen bitcoin tards. How’s it going, fags? Are you Having Fun Staying Poor? Recession bubbling away nicely, big economic depression worldwide about to erupt soon which will drag all assets down. Bitcoin hasn’t seen the true bottom yet, maybe $5,000 or something is likely, under $10,000 certainly. Hope many of you heeded my warnings earlier in the year. Hold on to your asses, shit about to get real.
Ding Dong - The Bull Is Dead
It’s So Cold - Bitcoin Winter Is Coming
I Am Ready To Buy At $10,000
It’s So Cold - Bitcoin Winter Is Coming
I Am Ready To Buy At $10,000
Pepper Your Angus.
This crash is only just getting started. Sub 30k coming.
HFSP.
This crash is only just getting started. Sub 30k coming.
HFSP.
November 02, 2022, 04:02:08 PM
buddy
you suck
you suck
did it a full buddy wrap around
November 02, 2022, 04:01:22 PM
November 02, 2022, 04:01:18 PM
buddy
you suck
you suck
November 02, 2022, 03:01:17 PM
November 02, 2022, 02:14:54 PM
https://www.federalreserve.gov/newsevents/pressreleases/monetary20221102a.htm
so 3.25% + 0.75% = 4.00%
btc moves in the 20.1 to 20.5 slot and I do believe that proudhon's oct 2022 prediction of btc not staying above 20k for 5 days in a row is not true anymore.
He is very good at making the exact wrong prediction time after time.
4.00% is pretty good for my wife's 'safe' fed tsp which is a 401k style account
It would be nice to see 0.50 + 0.50 next 2 jumps.
brings us to 5.00% say feb 2 or so.
Maybe honey badger wakes up on Groundhog Day kicks the ground hog in the butt and fires up the massive 2023 bull run
so 3.25% + 0.75% = 4.00%
btc moves in the 20.1 to 20.5 slot and I do believe that proudhon's oct 2022 prediction of btc not staying above 20k for 5 days in a row is not true anymore.
He is very good at making the exact wrong prediction time after time.
4.00% is pretty good for my wife's 'safe' fed tsp which is a 401k style account
It would be nice to see 0.50 + 0.50 next 2 jumps.
brings us to 5.00% say feb 2 or so.
Maybe honey badger wakes up on Groundhog Day kicks the ground hog in the butt and fires up the massive 2023 bull run
November 02, 2022, 02:01:18 PM
November 02, 2022, 01:22:33 PM
Officially 0.75% guys.
https://www.usatoday.com/story/money/2022/11/02/fed-interest-rate-hike-live-updates/10561495002/
Some here were saying that 0.50% would be a reason to pump, and maybe if the Fed believes that everyone plans to pump on 0.50%, then it has permission to go 0.75% - since it is trying to stop the pump - and without causing the whole house of cards to come falling down.
So perhaps the pump (if any) will be more whimpy based on a higher than expected rates hike - not that King Daddy should give too many shits about that kind of information anyhow, even though we know that having some "announcement" or other "uncertainty" hanging out there does seem to have tendencies to damper any meaningful abilities for price movements (in either direction) until the uncertainty (announcement) has been resolved.
By the way, when I looked over at my bitcoin ticker (it was on bitcoinwisdom.com), and I saw that the BTC price had dipped down from $20,400-ish to $20,210 and then back up to $20,740-ish within a matter of one or two minutes, and then I looked at the clock - and yeah of course, such price movement took place immediately at the time of the 14:00 Eastern time "announcement." Go figure.
https://www.usatoday.com/story/money/2022/11/02/fed-interest-rate-hike-live-updates/10561495002/
Some here were saying that 0.50% would be a reason to pump, and maybe if the Fed believes that everyone plans to pump on 0.50%, then it has permission to go 0.75% - since it is trying to stop the pump - and without causing the whole house of cards to come falling down.
So perhaps the pump (if any) will be more whimpy based on a higher than expected rates hike - not that King Daddy should give too many shits about that kind of information anyhow, even though we know that having some "announcement" or other "uncertainty" hanging out there does seem to have tendencies to damper any meaningful abilities for price movements (in either direction) until the uncertainty (announcement) has been resolved.
By the way, when I looked over at my bitcoin ticker (it was on bitcoinwisdom.com), and I saw that the BTC price had dipped down from $20,400-ish to $20,210 and then back up to $20,740-ish within a matter of one or two minutes, and then I looked at the clock - and yeah of course, such price movement took place immediately at the time of the 14:00 Eastern time "announcement." Go figure.
November 02, 2022, 01:10:27 PM
Officially 0.75% guys.
https://www.usatoday.com/story/money/2022/11/02/fed-interest-rate-hike-live-updates/10561495002/
Some here were saying that 0.50% would be a reason to pump, and maybe if the Fed believes that everyone plans to pump on 0.50%, then it has permission to go 0.75% - since it is trying to stop the pump - and without causing the whole house of cards to come falling down.
So perhaps the pump (if any) will be more whimpy based on a higher than expected rates hike - not that King Daddy should give too many shits about that kind of information anyhow, even though we know that having some "announcement" or other "uncertainty" hanging out there does seem to have tendencies to damper any meaningful abilities for price movements (in either direction) until the uncertainty (announcement) has been resolved.
By the way, when I looked over at my bitcoin ticker (it was on bitcoinwisdom.com), and I saw that the BTC price had dipped down from $20,400-ish to $20,210 and then back up to $20,740-ish within a matter of one or two minutes, and then I looked at the clock - and yeah of course, such price movement took place immediately at the time of the 14:00 Eastern time "announcement." Go figure.
https://www.usatoday.com/story/money/2022/11/02/fed-interest-rate-hike-live-updates/10561495002/
Some here were saying that 0.50% would be a reason to pump, and maybe if the Fed believes that everyone plans to pump on 0.50%, then it has permission to go 0.75% - since it is trying to stop the pump - and without causing the whole house of cards to come falling down.
So perhaps the pump (if any) will be more whimpy based on a higher than expected rates hike - not that King Daddy should give too many shits about that kind of information anyhow, even though we know that having some "announcement" or other "uncertainty" hanging out there does seem to have tendencies to damper any meaningful abilities for price movements (in either direction) until the uncertainty (announcement) has been resolved.
By the way, when I looked over at my bitcoin ticker (it was on bitcoinwisdom.com), and I saw that the BTC price had dipped down from $20,400-ish to $20,210 and then back up to $20,740-ish within a matter of one or two minutes, and then I looked at the clock - and yeah of course, such price movement took place immediately at the time of the 14:00 Eastern time "announcement." Go figure.
November 02, 2022, 01:01:22 PM
November 02, 2022, 12:09:05 PM
2022
Money printer go pandeRrrrrrrrrrrrrrrrrrrr
November 02, 2022, 12:01:18 PM
November 02, 2022, 11:33:23 AM
Mamma mia, here we go again
My my, another fed rate hike
Mamma mia, does it show again?
My my, people can't even afford a bike
Yes, we are all losing our wealth
Inflation is the opposite of economic health
Why why did I ever let Bitcoin go?
Mamma mia, now I really know
My my, I could never let you go
My my, another fed rate hike
Mamma mia, does it show again?
My my, people can't even afford a bike
Yes, we are all losing our wealth
Inflation is the opposite of economic health
Why why did I ever let Bitcoin go?
Mamma mia, now I really know
My my, I could never let you go
November 02, 2022, 11:12:56 AM
at 2pm we get new rate from our buddies the feds.
maybe .75
or .50
Many people do not realize every jump they do is printing money and feeding inflation .
Fed 401k , well 401 tsp has many funds but it has the largest fund as the G fund at the moment the G fund pays around 3%
so a raise of .75 will boost the g fund over 3.5 %
so with rates raising in the g fund investors are fleeing from the other funds
https://www.fedsmith.com/2022/07/01/tsp-transfers-to-g-fund-up-249-percent/
So a 2x whammy the g-fund expands in size and in interest rates paid
All of the above is a hidden way to print money for a specific group "federal workers"
My wife's g-fund did nicely this year it is serving as a hedge for the down year in btc.
maybe .75
or .50
Many people do not realize every jump they do is printing money and feeding inflation .
Fed 401k , well 401 tsp has many funds but it has the largest fund as the G fund at the moment the G fund pays around 3%
so a raise of .75 will boost the g fund over 3.5 %
so with rates raising in the g fund investors are fleeing from the other funds
https://www.fedsmith.com/2022/07/01/tsp-transfers-to-g-fund-up-249-percent/
So a 2x whammy the g-fund expands in size and in interest rates paid
All of the above is a hidden way to print money for a specific group "federal workers"
My wife's g-fund did nicely this year it is serving as a hedge for the down year in btc.
November 02, 2022, 11:05:26 AM
Jump to: