Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 283. (Read 26497948 times)

Explanation
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Cornfield - one more tale
A week marked by weak market
Except for the tail




#haiku

Barcelona.
The old port.
That’s the base for the British team Ineos Britannia in the America’s Cup.

Been there a few weeks ago.

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Edits with more details.
My pictures from those silly hop on-hop off buses:


Damn, talking, why are you doing this to me…

This is probably the point where you took the picture.
Google street picture is old. So no crane:

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Man, how much I did look for that CrossFit gym to reproduce your pic!

I think that you are over-reacting a wee bit, since I was not really challenging the actual substance of what you were saying, yet just a seeming characterization that you were seeming to suggest that bitcoin was going to beat housing in the future, when in fact bitcoin has already been fucking slaughtering housing, so why rely merely on the future when it already has been happening in pretty strong ways.

In other words:



So to me it seems that we should not be suggesting that bitcoin beating housing in the future is any kind of new thing since it is already has been happening for years and years and years and the evidence seems to point out in very strong and evident ways, especially when we look at the actual data.. which is part of the reason that I went through a longer process of presenting actual specific data in order to really highlight how obvious bitcoin's historical out performance of housing has been rather than any attempt for me to say the opposite to you.. since I was not saying the opposite to you or even trying to say the opposite to you, but instead attempting to suggest that maybe you should have given more emphasis to the fact that bitcoin has already been beating housing, continues to beat housing and sure will likely continue to beat housing in the future too.. rather than your ONLY seeming to emphasize that you believe that bitcoin will beat housing in the future.. well duh..


Your first tentative conclusion is correct, people are mostly continueing to sit on the sidelines.

In other words, an overwhelming majority of the population are still NOT going out and getting BTC, whether directly buying it (first starting with an exchange.. which yeah is not quite directly owning it, even though it is a first step) or even going through the ETFs.

Many of us know that the numbers are of entrants into BTC continues to grow, but the growth of BTC's adoption still remains to be coming from some insiders rather than really falling more broadly accross the populous, and even some of the insiders are not biting and concluding that it is too late to get into BTC. 

There are large sectors of RIAs (Registered investment advisors) only just starting to be able to recommend BTC spot ETF to their clients, there are quest a few RIAs who still are not able to recommend BTC spot ETFs to their clients - and sure some folks could directly buy bitcoin and hold it on an exchange (frequently, step one for direct buyers who might later actually transfer their BTC towards directly holding it.. but not exactly a trend to directly hold your BTC either, even though an overwhelming majority of BTC is still directly held), yet in the end, I doubt that we are really seeing either normie folks (or even insiders) rushing to buy BTC, even though some folks are coming over to BTC (and the ones coming now are still early..

not as early as some of us, but still not too late, even though there remain a lot of fence sitters who believe that they are too late), but still those rushing in to buy BTC seem to be quite a small minority of the population as a whole and a decently small percent of the insiders.... a common and ongoing mistake to be assessing bitcoin as if it were anywhere close to a mature asset or even one that has a lot of mainstream adoption, even if we hear about BTC on the news a lot more, I will speculate that both retail and insiders are still not rushing out to buy bitcoin.... but yeah, growth can ONLY happen so fast anyhow and there is a bit of a need for the momentum and the building of momentum for potentially another BTC price run this year and next year (but is such a thing going to happen?)

Where the dude landed?

CorM?
Also, check your syllable count

Explanation
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You can't change the corm
Watch how corm changes you
From Virgin to Chad

How about 75k?

I say we top it before Sept 11 2024

We need a new poll.

Bitcoin was over $70K at Stamp on July 28.

This and many want to hedge. So they wait for news to be safer. Of course this type of person did not buy the corn at 49k to 53k.

I got a new leased car yesterday. A 2024 Hyundai hybrid sonata. This is my hedge for the upcoming election.

Orange man wins unleases oil fucks ev movement. Well my hybrid uses gas. = score
Orange man loses oil goes sky high ev’s are pushed gas sky rockets. well my hybrid wil use about 160 less gallons of gas. = score

So i found a way to get something I need that fits either election winner.


many speak trump good for btc harris bad for btc. they sat on sidelines in fear.

but they also listen to rates cut printer goes brrrrrr. so now they ran out and grabbed btc.

I understand that there are people who react to such news and it is probably that they just want a quick profit, but I don't understand that they are not a little more intelligent and that they do not use the volatility that BTC has to earn much more than is the case with this type of trading.

It has been practically an open secret for months that interest rates will be reduced in the US, and all those who bought BTC when it was close to $50k (or even below) turn out to be real geniuses compared to those who are waiting for the green light from the FED.

On the other hand, those who invested in BTC before 2017 and in earlier years proved to be above average intelligent because they surpassed all these individuals and companies who have been doing this for the last 2-3 years. I think they all feel a bit stupid when they think about how many hundreds of billions of dollars they missed out on by listening to people who said that the collapse of BTC was only a matter of time - and what's even more strange is that some of those people are still saying the same thing today.

Explanation
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Yes. Lots of investors are reactive. These are the people who give us fomo rallies and large over=corrections. This is where the whales make their money. I see this even from people I consider fairly financially astute otherwise.

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Took a flight away…
Pleasant and surprisingly…
When turned on my cell.

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Given that such a move was something that was expected for months, did Powell really have to say it publicly in order to trigger investors to start investing in BTC? Some people are obviously just waiting for what some politician or official will say, but obviously they just want to play it safe. Yesterday's inflow into spot ETFs was the largest since July 22.