Explanation
Chartbuddy thanks talkimg.com
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 36. (Read 26502431 times)
November 17, 2024, 10:01:15 PM
November 17, 2024, 09:53:16 PM
We are easing off the "pedal" rn.
How do you know?Frequently there are pauses in UPpity and sometimes those pauses result in downity and other times they do not. In other words: "so what?"
So if every time there is a pause in UPpity, you shout our that: "down is coming," then perhaps you will end up being correct half of the time or more than half. I don't know the exact numbers, and I tend to set my own self up to be a bit agnostic in those kinds of short-term BTC price moves that can be erratic and a bit unpredictable, so hard to get me too worked up about some down that may or may not come instead of a resumption of up.
Even though my finances do better if we continue up, yet it seems that none of us (or at least close to none of us) should be expecting straight up in this space, even if straight up does happen to happen from time to time...
Already, I have witnessed variations of face melting straight-ups on quite a few occasions in my time in these here parts.
Buddy you OK?
Wall observers are fretting
Saw you skip a beat
#haiku
Wall observers are fretting
Saw you skip a beat
#haiku
that Haiku is factually wrong.
Sure there are guys here with impatience, yet I can hardly imagine how there are any major concerns about a $20k UPpity move in the past 2-ish weeks.
@ biodom
you are correct we are flat or retracing whoa is us.
must be trump’s nominations scared off buddy and the rally.
could it be honey badger is having some trump fud?
you are correct we are flat or retracing whoa is us.
must be trump’s nominations scared off buddy and the rally.
could it be honey badger is having some trump fud?
Sounds like premature assessments to this here cat.
November 17, 2024, 09:10:40 PM
Nice green candle in the making
AND AS SOON AS YOU SAID IT :
IT dropped back
still over 10xVegeta. Can't complain!
November 17, 2024, 09:01:13 PM
November 17, 2024, 08:39:59 PM
~snip~
Trump doesn't have to "thank" anyone except those with big wallets who financed his campaign, and ordinary people served the purpose of voting anyway, and for the last time as Trump promised them.
Even if the US starts buying BTC for its reserves, I don't believe that the EU would follow that example, let alone China. The ECB with Lagarde at the head has an extremely negative attitude towards Bitcoin and cryptocurrencies in general, while China with its communist ideology does not want anything it cannot control, and even less something in which the US will have a large share.
As for Germany, it was not the German government that seized or sold BTC, it was a German province where the seizure took place, and they only followed the law in liquidating the seized funds. In addition, I think that the member states of the Eurozone cannot make any investments of this type without the ECB - a few years ago, the question of selling part of Italy's gold arose, considering that at that time they were the third country in the world in terms of gold reserves. As far as I remember, the ECB commented that selling gold to refinance debts is not an option.
Wow Lucius. You really believe that ECB and some of the other supposedly bitcoin hostile jurisdictions are not going to be forced into changing their tune.
Game theory is a bitch, and they should not be so dumb as to ignore game theory for too long.. and sure there are always going to be winners and losers.. early adopters and laggarts.. and it is not going to be exactly black and white, even though the earlier that anyone comes around to bitcoin (even covertly), the better they are likely going to end up.. .. and yeah, maybe some of them are talking down bitcoin while they are secretly accumulating it, too?
Forced by whom? Will Trump threaten the EU again with Putler's orcs and North Korean idiots who are already dying on the Russian front? I don't know if we fully realize what good times have come for BTC. 4-5 years ago we dreamed of ETFs and that one day the US would consider Bitcoin as similar to gold. ETFs have been a reality for a long time now, and the huge influence in this market is evident. I generally do not approve of Trump as a person and because of his policy towards Ukraine. But it is a fact that this is the first president to speak out in favor of Bitcoin and promising to make it a national reserve asset. This is already happening in the state of Pennsylvania. Coincidentally or not, it was precisely the state that decided the battle in his favor. I think it's safe to say that Trump won thanks to the votes of bitcoin holders as well. What's next - first for it to actually happen in the US. If the bill to buy 1 million bitcoins is approved, it will have a "huuuge" (
) impact on the market. Soon after, Europe and China will follow suit. I am absolutely convinced that Germany will one day buy the same bitcoins that it sold at many times higher price. All this makes me happy and proud that hodlers like us, the WO gang, have always been visionaries and envisioned things long before they happened. And this is rewarded with the profit we have.
Trump is completely unpredictable in this case because he was the president of the US from 2016 to 2020 and at that time he said that Bitcoin was a scam - and towards the end of his term he passed some very unfavorable laws for Bitcoin which were then mostly revoked by the Biden administration, and it should also be taken into account that futures and spot ETFs were approved precisely during the mandate of the Biden administration.) impact on the market. Soon after, Europe and China will follow suit. I am absolutely convinced that Germany will one day buy the same bitcoins that it sold at many times higher price. All this makes me happy and proud that hodlers like us, the WO gang, have always been visionaries and envisioned things long before they happened. And this is rewarded with the profit we have.Trump doesn't have to "thank" anyone except those with big wallets who financed his campaign, and ordinary people served the purpose of voting anyway, and for the last time as Trump promised them.
Even if the US starts buying BTC for its reserves, I don't believe that the EU would follow that example, let alone China. The ECB with Lagarde at the head has an extremely negative attitude towards Bitcoin and cryptocurrencies in general, while China with its communist ideology does not want anything it cannot control, and even less something in which the US will have a large share.
As for Germany, it was not the German government that seized or sold BTC, it was a German province where the seizure took place, and they only followed the law in liquidating the seized funds. In addition, I think that the member states of the Eurozone cannot make any investments of this type without the ECB - a few years ago, the question of selling part of Italy's gold arose, considering that at that time they were the third country in the world in terms of gold reserves. As far as I remember, the ECB commented that selling gold to refinance debts is not an option.
Game theory is a bitch, and they should not be so dumb as to ignore game theory for too long.. and sure there are always going to be winners and losers.. early adopters and laggarts.. and it is not going to be exactly black and white, even though the earlier that anyone comes around to bitcoin (even covertly), the better they are likely going to end up.. .. and yeah, maybe some of them are talking down bitcoin while they are secretly accumulating it, too?
I thought that my post already sufficiently described ideas of game theory. No bitcoin does not force anyone in the same kinds of ways as kinetic systems, yet if you have a neutral money that is stronger than any other money then you are forced to either adopt or perish because you are still living under horse and buggy or you are still living under the silver standard, and then what happens, your whole society suffers because you are too stupid to recognize the strongest of the monies. Don't be trying to imply that I am referring to traditional military and/or world power strong arm methods because I am not.. but if everyone else adopts the strongest money, the laggards are going to suffer, and the same is true whether we are referring to governments, institutions or individuals. You haven't figured that out yet? You don't know how bitcoin works in terms of favoring early adopters?
By the way Trump is likely to do all kinds of crazy and dumbass shit, which may or may not relate to bitcoin, yet if the overall movement is towards at least not being hostile to bitcoin, then bitcoin is likely going to continue its growth. ... I am not really very wedded to ideas in which we are tying anything related to bitcoin to whatever the fuck politicians do, yet we still see at the same time that there likely is not going to be very much hostility to bitcoin from the Trump administration, even though surely it is also possible that whatever things that he ends up doing could not necessarily be friendly to bitcoin.. so we largely just need to go by somewhat non-specific ideas being batted around currently that include strategic reserves (or strategic stockpile) kinds of ideas.
The US and the EU are completely different when it comes to Bitcoin and cryptocurrency in general - that's why the resistance in the EU will be much greater, especially because there are different national interests within the EU that can hardly be found to agree on much more banal things.
And might they not be disadvantaged depending on how hostile they end up being towards bitcoin..? And who gives too many shits about crypto, except to the extent that it is used to either attack bitcoin or to contribute towards ambiguities.
Who knows, maybe some of them play a double game and invest in BTC while on the other hand they attack it with all means
You make hardly any sense.
Yeah of course, bitcoin already provides incentives to cooperate rather than to attack, and so you can attack bitcoin, but it is likely not going to do you as much good as figuring out ways to get some.. so yeah, governments and institutions and individuals do not need to be on the same page in regards to their actions... yet still the ones who adopt earlier are going to continue to be more advantaged over those who delay their adoption or aim towards dying as stubborn ass low coiners or no coiners.
- but the fact is that the average European does not have a very positive opinion of Bitcoin considering that the majority of European politicians are extremely negative towards Bitcoin.
Too bad for the citizens if they cannot figure out what is bitcoin and/or they cannot figure out the difference between bitcoin and shitcoins. or they don't know the difference between bitcoin and CBDCs. That will be on them to figure it out.. it is not like there is lacking of information and if they choose to continue to stay dumb, then that's on them. They can have fun staying poor (relatively speaking).
You've probably already read it, but this is the agenda that the ECB and almost the entire EU have been pushing for years.
Bitcoin is being artificially propped up and should not be legitimised by regulators or financial companies as it is more akin to gambling, the European Central Bank said on Wednesday..."Since Bitcoin appears to be neither suitable as a payment system nor as a form of investment, it should be treated as neither in regulatory terms and thus should not be legitimised," Bindseil and Schaaf said.
In an email to Reuters, Bindseil said cryptocurrencies would be best framed as betting or gambling by regulators.
The authors added in the blog that the involvement of asset managers, payment service providers, insurers and banks with crypto "suggests to small investors that investments in bitcoin are sound".
In an email to Reuters, Bindseil said cryptocurrencies would be best framed as betting or gambling by regulators.
The authors added in the blog that the involvement of asset managers, payment service providers, insurers and banks with crypto "suggests to small investors that investments in bitcoin are sound".
I have read that EU flip flops on the topic of bitcoin, and I am not even claiming that the USA is smarter, even though currently there is a bit of a stroke of luck in regards to potentially less hostility towards bitcoin in the coming years, even though there had been mixed levels of hostility in the USA in the past 4 years.
Bitcoin adoption and learning about bitcoin is not a stagnant matter, and so there are various levels of awareness, and there are varying levels of receptivity and/or hostility in regards to it.
[edited out]
JJG your post was too small so I expanded the size of it a bit.You are such a helpful fella.
Observing 90,697@Stamp.
Once again, you are not bullish enough.
Micheal Saylor is calling for BTC to be 6.22x Gold in 2045.
This means that BTC is worth 5 millions in current dollar terms.
Insane.
my biggest regret of BTC is being born in 1957 not 1987.Once again, you are not bullish enough.
Micheal Saylor is calling for BTC to be 6.22x Gold in 2045.
This means that BTC is worth 5 millions in current dollar terms.
Insane.
Hope you all hodl deep and long and it grows to 1 dollar a sat.
Oh gawd Philip.
If you came with more or less the same personality, you would have still screwed things up.
my biggest regret of BTC is being born in 1957 not 1987.
Hope you all hodl deep and long and it grows to 1 dollar a sat.
Being born in 1957 and being here reading these lines, make you even more memorable. Hope you all hodl deep and long and it grows to 1 dollar a sat.
You are young enough to have frontrun BlackRock in the run of the Digital Gold.
It is something I will have engraved in my tombstone.
"Here lies fillippone
stacker,
hodler,
frontran BlackRock"
It may well be true for you, fillippone (as for any of us who largely got into bitcoin prior to 2023, yet for philipma1957, he had been so busy worshiping the dollar, he ended up frequently trading his way out of a large majority of his front-running opportunities.
November 17, 2024, 08:34:57 PM
Nice green candle in the making
AND AS SOON AS YOU SAID IT :
IT dropped back
November 17, 2024, 08:32:14 PM
Nice green candle in the making
November 17, 2024, 08:07:15 PM
some fud for sunday
https://www.yahoo.com/news/ap-sources-biden-first-time-183552178.html
biden looking to fuck shit up and make a mess for Trump.
Unfortunately the supreme court ruled a sitting president can do shit like this. Thanks to to Trump by the way.
Here is hoping Joe does not have more tricks up his sleeve.
We might not know the details...some sources are reporting (from what I read) is that the authorization is limited, apparently, to the Kursk region where ukranians got a swath of land they want to "trade". If so, maybe it would not go out of hand...at least I hope so. Let's see what would be said and done tomorrow.
it’s annoying as fuck the entire freaking war game they play on and on and on and on.
lets see how this one plays out
November 17, 2024, 08:01:13 PM
November 17, 2024, 07:52:41 PM
some fud for sunday
https://www.yahoo.com/news/ap-sources-biden-first-time-183552178.html
biden looking to fuck shit up and make a mess for Trump.
Unfortunately the supreme court ruled a sitting president can do shit like this. Thanks to to Trump by the way.
Here is hoping Joe does not have more tricks up his sleeve.
We might not know the details...some sources are reporting (from what I read) is that the authorization is limited, apparently, to the Kursk region where ukranians got a swath of land they want to "trade". If so, maybe it would not go out of hand...at least I hope so. Let's see what would be said and done tomorrow.
November 17, 2024, 07:38:28 PM
some fud for sunday
https://www.yahoo.com/news/ap-sources-biden-first-time-183552178.html
biden looking to fuck shit up and make a mess for Trump.
Unfortunately the supreme court ruled a sitting president can do shit like this. Thanks to to Trump by the way.
Here is hoping Joe does not have more tricks up his sleeve.
Dammit. Been nice knowing you guys.
This senile pedo and his handlers are playing with the lives of all US citizens...
or maybe this is all just theatre, one big cub where we ain't in... Russian, Chinese and US elites all playing us...
November 17, 2024, 07:30:07 PM
some fud for sunday
https://www.yahoo.com/news/ap-sources-biden-first-time-183552178.html
biden looking to fuck shit up and make a mess for Trump.
Unfortunately the supreme court ruled a sitting president can do shit like this. Thanks to to Trump by the way.
Here is hoping Joe does not have more tricks up his sleeve.
Dammit. Been nice knowing you guys.
Someday this song is going to hit just a little TOO hard...
https://www.youtube.com/watch?v=jkAyN7LKa8g
All Fall Down
(Kevin Gilbert)
I guess this is it.
Time for what's been called the finale
And this one comes as no surprise
One of a kind, you'll never see this anywhere else, friends,
Sort of brings a tear to your eye
So be watching closely and you'll be impressed
An order is given and a button is pressed
Then a light that is blinding and a sound that is shrill
Don't blink or you'll miss it, it's the end of free will
So turn the radio up and pass the bottle round
And then we'll have one more drink before we all fall down
I'll wear my favorite tie, you can wear your wedding gown
And then we'll both look real sharp when we all fall down
Look at them now, drawing little lines with their speeches
Each daring the other to cross
It won't be long now, one will make a stand he believes in
Believing it's well worth the cost
Then the other gets angry refuses to budge
Fueled by some understandable grudge
And now we wait quietly till the missile arrives
There's no need to shout about the end of our lives
So bring your friends now, and we'll laugh at all the clowns
Who think there'll be a better world when we all fall down
And we can sing this song, we'll make a joyful sound
We'll be singing na na na when we all fall down
Buildings and bridges all leveled to the ground
Cities and nations and we just stand around
Someone unlocked the big cage and the beast cannot be found
So strike up the music and we'll all fall down.
November 17, 2024, 07:29:50 PM
some fud for sunday
https://www.yahoo.com/news/ap-sources-biden-first-time-183552178.html
biden looking to fuck shit up and make a mess for Trump.
Unfortunately the supreme court ruled a sitting president can do shit like this. Thanks to to Trump by the way.
Here is hoping Joe does not have more tricks up his sleeve.
Dammit. Been nice knowing you guys.
Its been a blast 💥, hmm poor choice of words.
Next step France and U.K. drop off a few nukes to the UKRAINE 🇺🇦.
OH WELL.
November 17, 2024, 07:25:26 PM
some fud for sunday
https://www.yahoo.com/news/ap-sources-biden-first-time-183552178.html
biden looking to fuck shit up and make a mess for Trump.
Unfortunately the supreme court ruled a sitting president can do shit like this. Thanks to to Trump by the way.
Here is hoping Joe does not have more tricks up his sleeve.
Dammit. Been nice knowing you guys.
November 17, 2024, 07:23:50 PM
let's not compare the spread of Bitcoin to the spread of a virus. We don't need that negativity.
Feel free to not do it...
I don't see viral spreading as negativity sorry...
you surely heard of "viral posts". is that per se negative for you as well?
Besides, 10% of your genome comes from viruses
November 17, 2024, 07:05:53 PM
Highest weekly close ever.
November 17, 2024, 07:01:15 PM
November 17, 2024, 06:42:15 PM
some fud for sunday
https://www.yahoo.com/news/ap-sources-biden-first-time-183552178.html
biden looking to fuck shit up and make a mess for Trump.
Unfortunately the supreme court ruled a sitting president can do shit like this. Thanks to to Trump by the way.
Here is hoping Joe does not have more tricks up his sleeve.
November 17, 2024, 06:41:16 PM
...
If this 100k WO-party for some strange reason will ever happen,....
If this 100k WO-party for some strange reason will ever happen,....
Don't hold your breath. It would be kind of absurd, and a lot of silliness, because everyone would have to show up like this (or some such)...
You know...OPSEC etc...
November 17, 2024, 06:32:34 PM
The expectations for bitcoin are getting higher and higher, since the last ATH which was at $93.4k the market has taken a step back, could this indicate liquidations?
In every market it is normal for there to be a step back, so we can see that btc is preparing to gain more strength, I am very positive, I think that now before January we will be at $100k, and although I have received a lot of criticism for being very "enthusiastic about btc" nobody likes to accept the truth.
Here I like this forecast:
Original Source:https://www.thecoinrepublic.com/2024/11/17/how-long-will-bitcoin-btc-bull-market-last-analyst-explains/
If this forecast is fulfilled before the end of 2024, by 2025 we could see a great new ATH, which is what many expect.
In every market it is normal for there to be a step back, so we can see that btc is preparing to gain more strength, I am very positive, I think that now before January we will be at $100k, and although I have received a lot of criticism for being very "enthusiastic about btc" nobody likes to accept the truth.
Here I like this forecast:
Quote
Despite anticipated diminishing returns compared to previous cycles, projections indicate potential targets of $120,000-$130,000.
The reaccumulation phase, though longer than historical standards, has set the foundation for the current breakout.
The analysis indicates we’re only in the first few weeks of this parabolic phase, suggesting major upside potential remains.
The reaccumulation phase, though longer than historical standards, has set the foundation for the current breakout.
The analysis indicates we’re only in the first few weeks of this parabolic phase, suggesting major upside potential remains.
Original Source:https://www.thecoinrepublic.com/2024/11/17/how-long-will-bitcoin-btc-bull-market-last-analyst-explains/
If this forecast is fulfilled before the end of 2024, by 2025 we could see a great new ATH, which is what many expect.
numbers of 120-130k for peak would be pretty terrible.
time will tell.
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