Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2905. (Read 26719235 times)
October 15, 2022, 01:01:33 AM
October 15, 2022, 12:01:23 AM
October 14, 2022, 11:01:21 PM
October 14, 2022, 10:44:33 PM
October 14, 2022, 10:41:36 PM
JUST IN: 🇸🇻 1.8m people have visited El Salvador so far this year, injecting $1.8 BILLION in foreign currency.
Bitcoin is good for the economy!
Source
Bitcoin is good for the economy!
Source
October 14, 2022, 10:38:02 PM
6mil in 2026? Too soon, bro...it would mean some kind of a hyperinflation incident.
Not a good vibe...1/10 of it at 600K...this could happen "naturally" without a big mac costing $50.
Still, my cash (good ol' money market in the ret account) had positive return this year while bitcoin, SP500, gold, bonds, ALL cratered.
I have that mm account to counteract bitcoin volatility..and this year it truly worked.
Not a good vibe...1/10 of it at 600K...this could happen "naturally" without a big mac costing $50.
Still, my cash (good ol' money market in the ret account) had positive return this year while bitcoin, SP500, gold, bonds, ALL cratered.
I have that mm account to counteract bitcoin volatility..and this year it truly worked.
October 14, 2022, 10:01:33 PM
October 14, 2022, 09:16:22 PM
October 14, 2022, 09:01:23 PM
October 14, 2022, 08:01:25 PM
October 14, 2022, 06:01:23 PM
October 14, 2022, 05:40:03 PM
I have no idea why there has been a tremendous influx of pompous, loud-mouthed newbies, but can I assume that Bitcointalk's new-registration activity itself is a good metric for how Bitcoin adoption is doing?
...
...
sig campaigns pay a 3rd world country's minimum wage...
in the west, usually a teen's dream job is "youtuber" ....in other parts of the world it might be BCT merit farmer ...but I doubt that that has anything to do with BTC adoption
October 14, 2022, 05:39:38 PM
When even some og’s are talking bear
Is when I believe we will see something nice….
Is when I believe we will see something nice….
October 14, 2022, 05:08:26 PM
Some HOPIUM for the weekend, gentlemen.
@RiggsBTC
The core signals are screaming buy for just the fourth time ever.
$6M by 2026.
....
I dunno about you guys but $6,000,000 per coin gets my attention
@RiggsBTC
The core signals are screaming buy for just the fourth time ever.
$6M by 2026.
....
I dunno about you guys but $6,000,000 per coin gets my attention
....if not, is that guy willing to eat his own dick on national television ?
Werner Herzog Eats His Shoe
https://www.youtube.com/watch?v=jem9iCZMexE
October 14, 2022, 05:01:22 PM
October 14, 2022, 04:48:13 PM
Most of you are probably aware of the special situation the world is in right now. I think the next few months will show if we have bet on the right card with Bitcoin or not.
Corona has destroyed the supply chains of the globalized world and showed us how vulnerability the economy is. Countries have tried to prop up the economy with enormous amounts of money in the form of debt or money printing.
The Ukraine war and the energy crisis are now putting enormous pressure on financial markets and countries. In previous crises, such as the last one in 2008, national banks still had the possibility to defuse the situation. Now there is no room for intervention. The market is crying out for money, but inflation is already dangerously high.
The last time the monetary and debt system was put to the test, a world war broke out. We can only hope that maybe this time, with Bitcoin's help, we can find another way out.
How do you assess the current situation the world is in?
World wars have little to do with bad debt situations - that's supposed to happen after those wars end.Corona has destroyed the supply chains of the globalized world and showed us how vulnerability the economy is. Countries have tried to prop up the economy with enormous amounts of money in the form of debt or money printing.
The Ukraine war and the energy crisis are now putting enormous pressure on financial markets and countries. In previous crises, such as the last one in 2008, national banks still had the possibility to defuse the situation. Now there is no room for intervention. The market is crying out for money, but inflation is already dangerously high.
The last time the monetary and debt system was put to the test, a world war broke out. We can only hope that maybe this time, with Bitcoin's help, we can find another way out.
How do you assess the current situation the world is in?
WWs are the results of political events (e.g. hypothetically the invasion of Ukraine), not economic ones.
Just my 2 cents.
All is well with OOM, too?
Are we all living in an illusion, even those of us who have been studying the bitcoin space for several years?
I will agree that it may well be possible to kick the can down the road again and to get another 5-10 years before the next "Major crisis" comes, but kicking the can down the road does not really resolve anything and likely makes the situation worse, again.
So by definition, the can had already been kicked down the road in 2008, so it could not be the same currently as it was in 2008.. because the underlying issue was not addressed and not even close to being addressed in 2008 or any time between 2008 and currently...
In other words, the whole debt situation is worse currently than it was in 2008 because of the fact that the remedy that came in 2008 and thereafter did not even attempt to address the underlying problem but instead delayed it and caused it to become more and MOAR of a BIGGER problema.
Sure, it might feel all the same.. until there is any attempt to look under the hood and into the details.. . .how it feels, versus what is going on under the hood are likely two different things.
From my understanding, your reply is pretty much supporting what i have meant. "Continuation" downwards, not sideways, if that was the root of some possible confusion?
Fuck it, i'm tired.
I'll short it down: Thanks for the underlining reply, you are right.
Peace out and #hodl
October 14, 2022, 04:16:45 PM
Some HOPIUM for the weekend, gentlemen.
@RiggsBTC
The core signals are screaming buy for just the fourth time ever.
$6M by 2026.
Blessed be the Bitcoiners.
https://twitter.com/riggsbtc/status/1580641467764117504?s=46&t=mMgLv5qAgLBqFtToMn5aLQ
I dunno about you guys but $6,000,000 per coin gets my attention
@RiggsBTC
The core signals are screaming buy for just the fourth time ever.
$6M by 2026.
Blessed be the Bitcoiners.
https://twitter.com/riggsbtc/status/1580641467764117504?s=46&t=mMgLv5qAgLBqFtToMn5aLQ
I dunno about you guys but $6,000,000 per coin gets my attention
But what's it mean?
no homo
Oh.. I looked again.. You are talking by 2026.. oh? that's 4 years from now.. Oh?
For this particular cycle, in my December 16, 2021 post, I had placed supra $1.5 million as a kind of real low chance top (which was in the ballpark of 0.5% chance at the time of the post), but I was not willing to specify beyond that level of detail because the odds were just becoming too low after getting above $1.5 million.. and then I would speculate that our having had suffered such a whimpy cycle top for this time around that ONLY hit $69k, then it almost negates assigning high odds for those UPPER numbers, even though maybe supra $1.5 million should come back into contention, and I would not automatically presume that the odds for supra $1.5 million might not get any better, but still.. even if we might place $6 million or higher as our top, what kinds of odds would we be giving it... I have difficulties concluding that it would be much greater than 10%.. and that even seems a bit much.. but still it is too early, and we still have our current lack of a very high cycle top this time around - which does not necessarily mean that we might end up having a higher top in our next cycle to make up for the theoretically existent excess suppression that might have been the experience in this cycle.
I am not there.. yet...
I am not at $6 million or being able to assign odds that would even be close to 10%.. currently.. even if we are projecting out 4 years from now.. and that would be really outrageous.. 316x from our current price... just seems like too much. 100x.. puts us at $1.9 million... and that even seems a bit of a stretch.. even though surely not out of the question.. Neither one of those is a zero scenario for sure... but still... seeming a bit of a stretch of the imagination, at the moment of our current bitcoin price suppressed status.
October 14, 2022, 04:02:40 PM
I have no idea why there has been a tremendous influx of pompous, loud-mouthed newbies, but can I assume that Bitcointalk's new-registration activity itself is a good metric for how Bitcoin adoption is doing?
October 14, 2022, 04:01:37 PM
October 14, 2022, 03:17:17 PM
Most of you are probably aware of the special situation the world is in right now. I think the next few months will show if we have bet on the right card with Bitcoin or not.
Corona has destroyed the supply chains of the globalized world and showed us how vulnerability the economy is. Countries have tried to prop up the economy with enormous amounts of money in the form of debt or money printing.
The Ukraine war and the energy crisis are now putting enormous pressure on financial markets and countries. In previous crises, such as the last one in 2008, national banks still had the possibility to defuse the situation. Now there is no room for intervention. The market is crying out for money, but inflation is already dangerously high.
The last time the monetary and debt system was put to the test, a world war broke out. We can only hope that maybe this time, with Bitcoin's help, we can find another way out.
How do you assess the current situation the world is in?
Corona has destroyed the supply chains of the globalized world and showed us how vulnerability the economy is. Countries have tried to prop up the economy with enormous amounts of money in the form of debt or money printing.
The Ukraine war and the energy crisis are now putting enormous pressure on financial markets and countries. In previous crises, such as the last one in 2008, national banks still had the possibility to defuse the situation. Now there is no room for intervention. The market is crying out for money, but inflation is already dangerously high.
The last time the monetary and debt system was put to the test, a world war broke out. We can only hope that maybe this time, with Bitcoin's help, we can find another way out.
How do you assess the current situation the world is in?
I generally agree with your assessment. However, my tinfoil hat and I believe the events you describe as well as others (US and Western Europe halting domestic energy production, an incredible amount of fires and destruction at food processing and distribution centers all over the world, the mothballing of Nuclear Energy, various social structure attacks (race,sex,gender,religion,politics,etc) and on and on) are not happening by accident, and are part of a conspiracy to move the world into a new system.
IF Freedom (and therefore Bitcoin) wins, I look forward to the trials and executions. That is not a joke. There are a few I would like to be present for in person. The damage that has been done to my own family members by the perpetrators of this evil is enough that I would clamp my own hands around certain necks myself, and gleefully watch the lights go out.
God forgive me.
Oh gawd..
You are too optimistic, caps.
You come off as some kind of 20 year old who still believes that there is justice in the world... and happy endings always happen.. blah blah blah.
Most of you are probably aware of the special situation the world is in right now. I think the next few months will show if we have bet on the right card with Bitcoin or not.
Corona has destroyed the supply chains of the globalized world and showed us how vulnerability the economy is. Countries have tried to prop up the economy with enormous amounts of money in the form of debt or money printing.
The Ukraine war and the energy crisis are now putting enormous pressure on financial markets and countries. In previous crises, such as the last one in 2008, national banks still had the possibility to defuse the situation. Now there is no room for intervention. The market is crying out for money, but inflation is already dangerously high.
The last time the monetary and debt system was put to the test, a world war broke out. We can only hope that maybe this time, with Bitcoin's help, we can find another way out.
How do you assess the current situation the world is in?
World wars have little to do with bad debt situations - that's supposed to happen after those wars end.Corona has destroyed the supply chains of the globalized world and showed us how vulnerability the economy is. Countries have tried to prop up the economy with enormous amounts of money in the form of debt or money printing.
The Ukraine war and the energy crisis are now putting enormous pressure on financial markets and countries. In previous crises, such as the last one in 2008, national banks still had the possibility to defuse the situation. Now there is no room for intervention. The market is crying out for money, but inflation is already dangerously high.
The last time the monetary and debt system was put to the test, a world war broke out. We can only hope that maybe this time, with Bitcoin's help, we can find another way out.
How do you assess the current situation the world is in?
WWs are the results of political events (e.g. hypothetically the invasion of Ukraine), not economic ones.
Just my 2 cents.
All is well with OOM, too?
Are we all living in an illusion, even those of us who have been studying the bitcoin space for several years?
I will agree that it may well be possible to kick the can down the road again and to get another 5-10 years before the next "Major crisis" comes, but kicking the can down the road does not really resolve anything and likely makes the situation worse, again.
So by definition, the can had already been kicked down the road in 2008, so it could not be the same currently as it was in 2008.. because the underlying issue was not addressed and not even close to being addressed in 2008 or any time between 2008 and currently...
In other words, the whole debt situation is worse currently than it was in 2008 because of the fact that the remedy that came in 2008 and thereafter did not even attempt to address the underlying problem but instead delayed it and caused it to become more and MOAR of a BIGGER problema.
Sure, it might feel all the same.. until there is any attempt to look under the hood and into the details.. . .how it feels, versus what is going on under the hood are likely two different things.
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