It's a sign.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 347. (Read 26497100 times)
August 03, 2024, 07:44:13 AM
Coming back from vacation earlier in the week, I passed this vehicle and got my youngest to snap a pic. (that part was relatively painless but getting it sent to me was a little more difficult)
It's a sign.
It's a sign.
August 03, 2024, 07:40:05 AM
It is kind of funny how so many bitcoiners worship that dweeb as some kind of a god (and even frequently reinterpret benevolent or well-intentioned or even 5-D chess meanings into his statements), but on the regular he either says a lot of pretty dumb shit or he is so obviously over-the-top when it comes to his narcissism.
Still, after watching Trump's talk at the Bitcoin Conference 2024, even if only a fraction of what he promised would come to pass I think it would be great for Bitcoin, and as a foreigner and holder that means more to me than other issues. Worst case, all of the promises he made are neglected or outvoted, even the fact that he just showed up at the Bitcoin Conference meant something.
Overall, as inflation increases (with the threat of hyperinflation looming) in current fractional reserve banking system, considering the volume of debt and interest involved for many countries, holding Bitcoin might be the only solution for governments to slow down inflation where BTC has the potential to outperform the interest from debt. I don't know exactly how that Bitcoin financial construct would look like in the end, but either way it's the most bullish proposition I can think of at the moment, guaranteed CCMF to the moon! Think "Fort Knox" with Bitcoin.
Do you know how many companies Trump bankrupted? I think it is 6 Corporate Bankruptcies
https://www.thoughtco.com/donald-trump-business-bankruptcies-4152019
He uses bankruptcy as a technique to weasel out of debts.
Do you know how much debt the US government has 35.06 trillion
https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/
Do know which president did the most national debt in 1 term Trump has the lead over Biden since Biden still has a few months left Biden could pass him.
All that spells to me is Trump will manipulate bitcoin to fuck with the national debt.
Why not fuck with a 1.2 trillion asset to fix a 35 trillion debt?
To me it means boom or bust for btc. Ie 1 million a coin or under 10k a coin. I have place a lot of time into BTC not sure If I like Trump plans for BTC.
Last term he did the China Tarriffs which cost my mining over 35,000 in tariffs . he did the end of like kind crypto trading which means I have 200-300 page tax returns.
Noted, what do you think of the "Overall" part which was not related to Trump, but more of a global solution to inflation?
August 03, 2024, 07:27:07 AM
It is kind of funny how so many bitcoiners worship that dweeb as some kind of a god (and even frequently reinterpret benevolent or well-intentioned or even 5-D chess meanings into his statements), but on the regular he either says a lot of pretty dumb shit or he is so obviously over-the-top when it comes to his narcissism.
Still, after watching Trump's talk at the Bitcoin Conference 2024, even if only a fraction of what he promised would come to pass I think it would be great for Bitcoin, and as a foreigner and holder that means more to me than other issues. Worst case, all of the promises he made are neglected or outvoted, even the fact that he just showed up at the Bitcoin Conference meant something.
Overall, as inflation increases (with the threat of hyperinflation looming) in current fractional reserve banking system, considering the volume of debt and interest involved for many countries, holding Bitcoin might be the only solution for governments to slow down inflation where BTC has the potential to outperform the interest from debt. I don't know exactly how that Bitcoin financial construct would look like in the end, but either way it's the most bullish proposition I can think of at the moment, guaranteed CCMF to the moon! Think "Fort Knox" with Bitcoin.
Do you know how many companies Trump bankrupted? I think it is 6 Corporate Bankruptcies
https://www.thoughtco.com/donald-trump-business-bankruptcies-4152019
He uses bankruptcy as a technique to weasel out of debts.
Do you know how much debt the US government has 35.06 trillion
https://fiscaldata.treasury.gov/americas-finance-guide/national-debt/
Do know which president did the most national debt in 1 term Trump has the lead over Biden since Biden still has a few months left Biden could pass him.
All that spells to me is Trump will manipulate bitcoin to fuck with the national debt.
Why not fuck with a 1.2 trillion asset to fix a 35 trillion debt?
To me it means boom or bust for btc. Ie 1 million a coin or under 10k a coin. I have place a lot of time into BTC not sure If I like Trump plans for BTC.
Last term he did the China Tarriffs which cost my mining over 35,000 in tariffs . he did the end of like kind crypto trading which means I have 200-300 page tax returns.
August 03, 2024, 07:01:16 AM
August 03, 2024, 06:51:59 AM
It is kind of funny how so many bitcoiners worship that dweeb as some kind of a god (and even frequently reinterpret benevolent or well-intentioned or even 5-D chess meanings into his statements), but on the regular he either says a lot of pretty dumb shit or he is so obviously over-the-top when it comes to his narcissism.
Still, after watching Trump's talk at the Bitcoin Conference 2024, even if only a fraction of what he promised would come to pass I think it would be great for Bitcoin, and as a foreigner and holder that means more to me than other issues. Worst case, all of the promises he made are neglected or outvoted, even the fact that he just showed up at the Bitcoin Conference meant something.
--- EDIT: Not related to Trump below. ---
Overall, as inflation increases (with the threat of hyperinflation looming) in current fractional reserve banking system, considering the volume of debt and interest involved for many countries, holding Bitcoin might be the only solution for governments to slow down inflation where BTC has the potential to outperform the interest from debt. I don't know exactly how that Bitcoin financial construct would look like in the end, but either way it's the most bullish proposition I can think of at the moment, guaranteed CCMF to the moon! Think "Fort Knox" with Bitcoin.
August 03, 2024, 06:50:52 AM
LoL! This self-proclaimed super guru messed up completely and said BTC was dead in April 2023 when it was quite low, I think around 25k.
Isn't this some great irony? Dude and a co-founder collected $257 million from unregistered offers and sales of the platform’s token, BTCLT.
Nice try with his shit coin. What a shame for a billionaire to go down that route.
Isn't this some great irony? Dude and a co-founder collected $257 million from unregistered offers and sales of the platform’s token, BTCLT.
Nice try with his shit coin. What a shame for a billionaire to go down that route.
August 03, 2024, 06:29:31 AM
Irrespective of what market conditions we are in, I'll buy bitcoin every month.
August 03, 2024, 06:01:14 AM
August 03, 2024, 05:30:02 AM
Fine dining and wines, exotic travel, the most divine courtesans and narcotics in the world, fast cars and fast women, properties all over the place.
You know, the stuff we deserve as 10+ year HODLERS.
(I’m kidding with some of the above, you can try and figure out which though
).
Really hope there’s a bottom here somewhere soon. Quite frustrating that every time we seem to try and break past $70,000 we get some TradFi, government selling of old coins, bankruptcy coins selling or WW3 FUD.
A smart guy told me yesterday that getting all of this negative stuff out of the way in 2024, kind of leaves us a free run for real price discovery and parabola in 2025.
Hopefully $60,000 holds and we stop getting dumped on very soon. To the moon, as they say.
You know, the stuff we deserve as 10+ year HODLERS.
(I’m kidding with some of the above, you can try and figure out which though
).Really hope there’s a bottom here somewhere soon. Quite frustrating that every time we seem to try and break past $70,000 we get some TradFi, government selling of old coins, bankruptcy coins selling or WW3 FUD.
A smart guy told me yesterday that getting all of this negative stuff out of the way in 2024, kind of leaves us a free run for real price discovery and parabola in 2025.
Hopefully $60,000 holds and we stop getting dumped on very soon. To the moon, as they say.
10 years is a lot, but on the other hand, it is also a little - it depends from which perspective you look at it. If you invested in BTC when it was worth a few hundred $, then even today you are a relatively rich person (depends on where you live and what you want).
Maybe this kind of market seems a bit frustrating, but I think it's better if everything "bad" happens now, even though the presidential elections in the US may have a greater impact on the price of BTC than everything that has been happening in recent months. Unfortunately, too much focus was placed on only one country, only one man and a few powerful companies.
August 03, 2024, 05:01:15 AM
August 03, 2024, 04:01:15 AM
August 03, 2024, 03:18:54 AM
Please go up Bitcoin.
Some of us have hopes and dreams of extreme opulence.
I’m going to need you to start providing me with plentiful green candles.
Some of us have hopes and dreams of extreme opulence.
I’m going to need you to start providing me with plentiful green candles.
For the benefit of a friend, I would like to hear more about the "extreme opulence" ideas.. Does it involve grapes? and/or whipping cream?
Fine dining and wines, exotic travel, the most divine courtesans and narcotics in the world, fast cars and fast women, properties all over the place.
You know, the stuff we deserve as 10+ year HODLERS.
(I’m kidding with some of the above, you can try and figure out which though
).Really hope there’s a bottom here somewhere soon. Quite frustrating that every time we seem to try and break past $70,000 we get some TradFi, government selling of old coins, bankruptcy coins selling or WW3 FUD.
A smart guy told me yesterday that getting all of this negative stuff out of the way in 2024, kind of leaves us a free run for real price discovery and parabola in 2025.
Hopefully $60,000 holds and we stop getting dumped on very soon. To the moon, as they say.
I'm with ya, it's annoying as all hell and I don't want to see the 50s again. But we are still stuck in this range that we've been in for most of the year now, this is the range we don't want to break down from and the support for it is in the low 50s (see my previous post https://bitcointalksearch.org/topic/m.64358250).
IMO, if we are seeing the hard landing crash that the bond market has been signalling for some time now, it will be short and sweet, just like covid. Dropping rates won't help, nor will QE, but massive fiscal stimulus will and if this is actually "the crash" that fiscal stimulus will be following very quickly. Because, if there is one thing the powers that be have learnt since 2007 it's that you go hard and go early.
We could easily see north of 100k before the end of this year.
August 03, 2024, 03:01:13 AM
August 03, 2024, 03:00:56 AM
Please go up Bitcoin.
Some of us have hopes and dreams of extreme opulence.
I’m going to need you to start providing me with plentiful green candles.
Some of us have hopes and dreams of extreme opulence.
I’m going to need you to start providing me with plentiful green candles.
For the benefit of a friend, I would like to hear more about the "extreme opulence" ideas.. Does it involve grapes? and/or whipping cream?
Fine dining and wines, exotic travel, the most divine courtesans and narcotics in the world, fast cars and fast women, properties all over the place.
You know, the stuff we deserve as 10+ year HODLERS.
(I’m kidding with some of the above, you can try and figure out which though
).Really hope there’s a bottom here somewhere soon. Quite frustrating that every time we seem to try and break past $70,000 we get some TradFi, government selling of old coins, bankruptcy coins selling or WW3 FUD.
A smart guy told me yesterday that getting all of this negative stuff out of the way in 2024, kind of leaves us a free run for real price discovery and parabola in 2025.
Hopefully $60,000 holds and we stop getting dumped on very soon. To the moon, as they say.
August 03, 2024, 02:52:30 AM
hello world - be/stay all peaceful...
August 03, 2024, 02:01:13 AM
August 03, 2024, 01:54:54 AM
An interesting short video of Robert Kiyosaki:
https://www.tiktok.com/@hey_capitalclub/video/7229644503274016026
- Why would you save money, when they are printing money?
- In this Fractional Reserve System (or the Current Banking System), you are told to save money. You save 1$ so that Banks can lend out 10$
https://www.tiktok.com/@hey_capitalclub/video/7229644503274016026
I've not heard anyone advise others to save for about 17 years.
People's grandparents used to do I think.
But mine have all been dead since about that time.
Last time I recall seeing interest rates above 5% was around the turn of the century, so it’s understandable why nobody saves in a savings account anymore. I wouldn’t be mad at savers for taking advantage of 5% interest now, but it probably isn’t going to stay that way for too much longer. Still, in 2008 I would have loved to have been all cash and that was with low rates.
August 03, 2024, 01:40:17 AM
An interesting short video of Robert Kiyosaki:
https://www.tiktok.com/@hey_capitalclub/video/7229644503274016026
- Why would you save money, when they are printing money?
- In this Fractional Reserve System (or the Current Banking System), you are told to save money. You save 1$ so that Banks can lend out 10$
https://www.tiktok.com/@hey_capitalclub/video/7229644503274016026
I've not heard anyone advise others to save for about 17 years.
People's grandparents used to do I think.
But mine have all been dead since about that time.
August 03, 2024, 01:01:16 AM
August 03, 2024, 12:57:09 AM
we broke again? could really use a duderino travel post right about now
Have to wait until the 23th
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