Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3446. (Read 26713056 times)

Really? Didn't they proved to be incompetent with their "temporary inflation" shtick?

Explanation

Yeah not looking good for sure. There's that old saying that goes "don't fight the fed". We're looking at that this week I reckon, question is when does the strain on credit get too much. Europe can't even stop their brrr for the PIIGS so when do the other credit markets follow?

Edit:We're heading for last months low very soon I think.

back to 2020 prices...  


0.81001 BTC increments sold on Stamp the whole day.. looks almost like willy the bot


Probably testing 25k soon

More pain is coming I fear. A possible black Monday event tomorrow in the shitstock market as the realities of inflation are only just becoming clear and inflation is going nowhere.

Regarding fuel prices.

We now pay around £100 in the UK for the average full tank of petrol. £46 of which goes to our beloved excellent government with esteemed knowledgable leaders who take the most upmost thought when it comes to long term planning.

Note that a year ago that same full tank cost £40! So less than the government profiteers from it today!

I had to take a step back a few days ago when I realised that the conservatives (who I did vote for btw several times - I probably will never vote again, ever, not even for who is the temporary weekly hero citizen at the old folks' home when I get there) have been in power for 12 years and I am now being taxed far more through almost everything whilst our national debt has continued to balloon and house prices are beyond reach for the average Joe almost.

We may be in an end game here with all of this continued tax - inflation - cheap money - cheap debt carry on and huge changes in the financial AND political landscape may be on the horizon.
Covid was perhaps the domino that accelerated towards the inevitable day of reckoning.

Hopefully many will realise Bitcoin is a long term solution and not just a get rich quick opportunity.

I don't want my government to give me any fucking cash / rebates / help. I want it to scrap most of the payments to the middle class entirely and just fucking take less in the first place! And take a 50% haircut themselves. We don't need half of those bozos.

here...have 27 (for now)  

EDIT: I feel that at some point in the next 2-3 mo we will find out how much hypothetication and re-hypothetication was going on various exchanges and loosely attached funds of Blockfi and Celsius ilk.

26 fucking k. Give me back my $30k sideways... please... 

whatcha talkin' bout...fillippone?

https://youtu.be/atx5i_9OnWc?t=6

Today's longs are tomorrow's liquidations.

Beware of market imbalances, because sooner or later some bad guy is going to use them in a non-trivial way.

Explanation

Today's vibes

https://www.youtube.com/watch?v=tH2w6Oxx0kQ

DITW...Kansas

Rightio, thats all for me for the night.


Last week, someone I know, killed themselves.... leaving behind a wife,  and children, and friends.


They were in hospital with covid last year, bad case, on life support in critical care for a month +  etc......... and they didn't really recover from it..... physically or mentally, and had got to such a state where he didn't want to be around anyone or go outdoors etc....


Another member, of the same family (but other side) just dropped dead only the week before of a heart attack.


If you know people, who are struggling... give them a call, go and see them, hang out with them, reach out to them.


"The Nighthawk, on KJCM, 98.3, and good night America... wherever you are."

Would you believe new usa federal gun laws. a bipartisan agreement is reached.

Nbc local news in Nyc. watching as I type.

not passed at the moment but 10 republicans signed on to it.

Explanation

There are several kinds of traders.  some influence, some panic, some play big swings, etc, etc  (edit:  It's not a zero sum game, either)


 I doubt that it is good to be using the word "never" to the extent that it matters anyhow.  We already should be able to anticipate that the larger the BTC market cap gets, the more likelihood for it to be less voilatile because the BIGGER the market cap, it takes more value to move it.

In other words, if we are trying to figure out what to do in present times or even trying to plan for various longer timeframes of 1-5 years, 5-10 years, 10-20 years etc, then we might consider what volatility is right now, and how much if any is volatility likely to change in future time frames.  

For example, if BTC becomes less volatile over the next 10 years or so, then we can make adaptations to our presumptions about what we had thought it was going to be and also adapt to various financial preparations that might had been in play to respond to such changes in volatility...

For sure, the state of what bitcoin is now, and what we expect it to be in the future remains a bit of a moving target because we cannot exactly know all of the various factors that will cause much if any difference between what we had expected to happen, and what ended up happening will be 10 years from now (or whatever relevant timeline), even though we can put our expectations in a speculation view about what we might believe to be more or less likely based on information that we currently hav ( I expect that some of our information is imperfect, and for sure some of our logic is imperfect, but also there are just things (information) that we might not be able to know with any kind of precision beyond speculating that certain kinds of other human behavior or events might end up playing out).

By the way, my frequent and ongoing criticism still is when guys proclaim either a prediction or a wish that BTC prices are going to be stable in current times or in the short term, and I can have a pretty high level of confidence when I label them as a wishful-thinking dweeb who has no fucking clue.. because bitcoin prices volatility is pretty damned close to 100% inevitable in the current times and short-term time frames.... so anyhow this seems to be one of the only times that I can proclaim with a pretty high level of confidence and almost certainty that such proclaimer and wisher of stability is living in la la landia.. but still my arrogance in certainty does not mean that bitcoin is not on a path of increasing and increasing movement towards less volatility which is also known as stability.



 
Join the club.  No one does, even though some folks claim to know.


You are a fucking goofball, sometimes.  The dollar has had a pretty long stead of having quite a bit of stability (aka mostly lacking in terms of experiencing a lot volatility) .. of course, the dollar has been depreciating in at a very slow rate .. but it is not volatile.. and for sure, one of the concerns in recent times, is that its decline has started to increase in ways that are really difficult to hide  and bordering on points of unsustainability - it's been a good run.. while it lasted..  but at the same time, the dollar is not dead yet... it is the strongest of the fiats, currently.  There are possibilities to continue to milk the system another 5-30 years.. I am not sure if it can last that long, but the dollar is not dead yet... and we are lucky to have this life raft called bitcoin (I did not come up with such life raft term.. but many bitcoiners have been using such analogy)

Nice... giving me lynyrd skynyrd freebird solo vibes, love long rambling guitar solos.


Saw the rolling stones do a blues jam once mid gig, where they just went off on one for like an hour jamming...... which was fucking nuts, just blues bars and riffs with fat solos no singing ... beautiful

You know it's Sunday
Where have all the poets gone?
Highrise Haiku dispersion

https://www.youtube.com/watch?v=AFQ_0fcQxTM

https://youtu.be/4E9ydw_aDMg


.....well, drink alone, share the tunes lol