Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 305. (Read 26463764 times)
June 18, 2024, 04:01:15 PM
June 18, 2024, 03:01:15 PM
June 18, 2024, 02:58:34 PM
cmon rip it off already and let's go to 60k so we can start the real fun.
However the sideways market might easily go on until fall or winter
However the sideways market might easily go on until fall or winter
I agree about the sideways market. It felt like everyone was new here talking about how the price would rip right after the halving. Not only does it take a year + to hit the high, but this time we also have the mtgox funds to unwind and Wall Street shorting. The market will go up again when mtgox funds are distributed and Blackrock decides they have gotten as many coins from the weak hands as possible. I’m guessing October.
June 18, 2024, 02:38:14 PM
cmon rip it off already and let's go to 60k so we can start the real fun.
However the sideways market might easily go on until fall or winter
However the sideways market might easily go on until fall or winter
June 18, 2024, 02:16:14 PM
Meaningless stats:
If you look at the graphs, both NVDA and btc appreciated almost to the exact same extent from about June of 2015 (9 years): ~270X, give or take.
I wonder how many people held btc "intact" for those years, how many held NVDA and how many held both (those must be VERY rare "birds").
Respect.
NVDA achieved the highest market cap today on US stock market.
I recall the same happening to CSCO in 2000 when it overcame GE and MSFT.
CSCO "peaking" was not sustainable as once the Internet build-out was largely completed, less growth occurred.
IMHO, same fate for NVDA, eventually.
EDIT: You didn't need to hold both, though
If you look at the graphs, both NVDA and btc appreciated almost to the exact same extent from about June of 2015 (9 years): ~270X, give or take.
I wonder how many people held btc "intact" for those years, how many held NVDA and how many held both (those must be VERY rare "birds").
Respect.
NVDA achieved the highest market cap today on US stock market.
I recall the same happening to CSCO in 2000 when it overcame GE and MSFT.
CSCO "peaking" was not sustainable as once the Internet build-out was largely completed, less growth occurred.
IMHO, same fate for NVDA, eventually.
EDIT: You didn't need to hold both, though
June 18, 2024, 02:12:46 PM
It’s a bear trap.
June 18, 2024, 02:01:17 PM
June 18, 2024, 01:01:16 PM
June 18, 2024, 12:39:26 PM
Within the next ~10 days I need to sell a tiny bit to cover mortgage, insurances and whatnot, it will start to go up shortly after that.
You can then thank me later.
#HODL
#takeonefortheteam
You can then thank me later.
#HODL
#takeonefortheteam
June 18, 2024, 12:06:54 PM
Look like we should have to see more pain in the market before UP.
Where is pain between 60-70??
When btc was 20k
Was there pain at 17500?
Dropped to what 4k was it?
And the sideways pain was the Vegeta Crisis!
June 18, 2024, 12:04:35 PM
Look like we should have to see more pain in the market before UP.
I buy the top it dumps, I sell the bottom it pumps (straight downtrend) ?
Is that you Proudhon?
June 18, 2024, 12:01:15 PM
June 18, 2024, 11:59:31 AM
June 18, 2024, 11:52:30 AM
Look like we should have to see more pain in the market before UP.
I buy the top it dumps, I sell the bottom it pumps (straight downtrend) ?
June 18, 2024, 11:44:17 AM
ok so are there actually people worrying about bear markets. here. they worrying here in the WO!!!
has another large hadron collider event shifted universes again? am i in the Bear Observer thread?
?
muuuussttt esssscaaaaaaaaaapppppppeeeeee
has another large hadron collider event shifted universes again? am i in the Bear Observer thread?
?muuuussttt esssscaaaaaaaaaapppppppeeeeee
June 18, 2024, 11:20:28 AM
Look like we should have to see more pain in the market before UP.
Where is pain between 60-70??
When btc was 20k
Was there pain at 17500?
I mean more 'psychologic' pain for weak / newbies... more and long sideways, and probably REKT more with some more big (and quick) red dildo...
I know it's not the feed for that, but when you are looking the Alts market, LoL
June 18, 2024, 11:15:40 AM
Look like we should have to see more pain in the market before UP.
Where is pain between 60-70??
When btc was 20k
Was there pain at 17500?
June 18, 2024, 11:01:35 AM
Look like we should have to see more pain in the market before UP.
June 18, 2024, 11:01:18 AM
June 18, 2024, 10:45:15 AM
The slow bleed down makes completly sense to me because this is a bear market.
As long as there are money printers running 24/7, infinite bull run.
Not really. At some point money becomes worthless and you cannot even buy bread. Ask Germany 1923.
I'd rather not ask Germany 1923 anything.
I'd rather give it poisoned bread.
That has nothing to do with the point that I am making (about the government endlessly printing money). I am referencing hyperinflation in the Weimar Republic.
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