Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 3696. (Read 26609743 times)

Explanation

Why you need a bill for another country?? It's like trying to pass laws and try to impose them on other countries. These bankers keep bribing for nonsense laws until they will go broke.   

Yep. It just hit me the other day...

They are using shutdowns to control the rate of spending into the economy. Trying to slow down price inflation by controlling the demand side (and at the same time restricting supply and laying of massive numbers of workers). Call it "demand control" or a "spending throttle". Their goal is to try and stretch price inflation across a much longer timeframe, so that people don't notice as much and get terrified. This really is a controlled demolition of the world economy.

Doesn't matter though, spread across 5 years or across 10, people will still notice the price inflation... and the end result will still be the same.

That means the next big market crash we get, there will probably be another global economic shutdown, and of course another "reason for the shutdown". Oh joy, sooo looking forward to what they pull out of their ass the next time. Cov-22 ?

Explanation

Don't forget the part where they simply closed down large sections of the economy. And the eviction moratoriums.

So let me get this straight, only 2 years on from the Covid pandemic, and TPTB are already yammering about (another) recession? You mean the one we never exited?

So two years ago the Fed floods the world banks with massive amounts of new fiat via printer go brrr, hands out large amounts of free fiat to consumers, and once that is all burned through, the Fed is now saying a recession is on the way? After only 2 years?

Yeah, no shit Sherlock. The world economies cannot any longer support themselves without free money from the Fed, without the punch bowl and a constant supply. Take that away, and it's sunk.

And then they talk about selling the debt off their balance sheet. Yeah riiight. So who's going to buy it, you morons?  

The Fed will do what they always do: raise rates in response to inflation, crash the debt market, then in response to the crash, slam rates back to 0% and flood the banks and consumers with more free fiat....yet again.

And stonks and bitcoin will soar....yet again.

And inflation will continue to rise...yet again.

What people should be freaking out about, is that this 'cycle' used to be 7-8 years long. Now it's only 2 years? Scary fkn times right now.

Well, that's too bad.

These kinds of things are very important for sure... because we want to be able to do physically demanding tasks in order to fit into society and also maybe enjoy certain aspects of society or contribute or to get credit for being able to get certain "things done" in the physical world... and of course, if a person's body cannot do physical things then there are brain activities, so we would not want the physical activities to put us into a state in which we cannot even accomplish the brain activities, either. 

Surely, none of us know your exact circumstance, but surely there are aspects in which I can relate.. for sure.  Some of these experiences can be a matter of kind or a matter of degree, and as we get older we are not able to do some things that we used to be able to do.. and surely some folks might be more accelerated in their deterioration than others.. so some of it may be a matter of degree than kind. 

I am hesitating to give my own example, but I had a situation in which I was trying to do something that I used to be able to do, and I was able to partially do it, and I know if I spent a lot of time on practicing, I could improve, but at the same time, I was starting to think that maybe there are better ways to spend my time.... .... but of course, the more basic the activity that cannot be done, then the more difficult that it might be to choose not to do that activity anymore because there would sometimes be questions of self-reliance involved, too.


You wonder why a lot of the regulars around these parts have troubles with you... to even be asking questions about shorting seems to fail/refuse to understand how to approach, to value and to cherish king daddy.

In other words, it is always time to buy king daddy no matter what.  And if you were to happen to sell, you don't talk about it.

If you were to short.. holy shit. that is even more extreme than selling.. so that one you really have to be careful in whether you do it or even if you say that you are either doing it or planning to do it.. careful with those.. because they are fighting words.  shorting dee corns?      blasphemy.

Don't you know nuttin.

On chain transaction as far as I'm concerned.

yeah true never really closes. 



but the 10x 20x 50x 100x leverage  exchanges are fucked up. With a few whales acting together they can move price far too much. And not suffer huge losses.

What's 'close' in the Bitcoin world?

It wouldn't be much of an issue if the paper wasn't rolled over but was settled at close.

They like to use the "adding liquidity" lie to hide their schemes.

New Bill Takes Aim at El Salvador’s 'Careless Gamble' on Bitcoin
https://decrypt.co/97008/new-bill-el-salvador-careless-gamble-bitcoin

Explanation

"BTC is manipulated just like gold". It is a double edged sword. You want some ability to maneuver shift and trade it, but an exchange at 20x leverage or more is hurting it by allowing too much push in the wrong direction at a smaller cost.

Dominance of Public Bitcoin Miners Jumps Nearly Sixfold in 15 Months
https://decrypt.co/97003/dominance-public-bitcoin-miners-jumps-nearly-sixfold-15-months

I'm not one of those to jump on a bandwagon, feel free to go back and check my history.

I have said S2F was broken from day 1.

It does not take into account the institutional fuckery going on.

Derivatives and fractional reserve naked shorting are skimming off by my guess 15-20% of the cap across the board (which btw is about how much out of wack stf is on a cursory glance) and if people do not stop supporting the actors that are doing this it will only get worse until bitcoin is manipulated just like gold and that is what the scumbag bankers ultimate goal is in this space.

Paper bitcoin is their goal to our detriment and that was not satoshi's dream.

Explanation

Hahahaaha

Yeah... good one.

Put your money where your mouth is (referring to ImThour).

We know that is not going to happen.



hahahaha  



Ok... now you are going to start to post your supposedly "winning" trades?  These kinds of posting streaks usually do not last too long.. we get some smart-asses posting about how smart they are, but it usually does not take very long for them to actually be shown as either losers in the market or full of shifting narratives.


I would say that there are still quite a few folks, even regular WO participants who are not really very prepared for UP... there are quite a few still playing around with shorting BTC and trying to time the ups and the downs.. which is likely a losers approach unless, there is an overallocation towards holding the vast majority of the BTC and accumulating BTC and not gambling with principle.

Don't get me wrong.  I do sell BTC on the way up.. but you also gotta recall that I have been in BTC for more than 8 years, and I did not sell one BTC until after already having had been in BTC for nearly 2 years and having had established my BTC position pretty well by that time, so in that regard the amount of BTC that I sell remains so damned low (relatively speaking to my total holdings, my holdings in other investments and various other personal considerations)..

When attempting to manage a BTC portfolio, systems can be established in which the UP more than makes up for any BTC selling that takes place, and that is largely because someone in a position like mine had already over-allocated in 2014/2015.. so even though the BTC price kept going up since that time, I did not really reallocate value back into fiat in any kind of meaningful way even though the allocation of BTC value continued to grow and grow and grow relative to the other investments (even if it only amounts to more than 0.63 BTC or whatever).

In other words, what I am trying to say is that there are likely ways that guys (and gal too) can overallocate value into BTC.. but still not be engaged in gambling practices, and I would not even be suggesting at all that normies can engage in anything close to the same kinds of leveraging and overallocations that Saylor has been doing in order to be overallocated and prepared for BTC uppity.... Saylor has a unique circumstance in terms of ongoing cashflow that he has and also his ability to negotiate very long-term financial terms for the various financial instruments that he has been using to leverage fiat and to purchase bitcoin with that.

The longer that any of us have been into bitcoin, the more that we should have been able to figure out how much to allocate into bitcoin in order to prepare for UPpity... and how to manage our BTC holdings relative to our own situation  and relative to our other investments.

I used to suggest that 1 to 10% allocation into bitcoin is sufficient for a newbie, so anything above 10% would be overallocation.. and then not reallocating after price appreciation could still be considered "overallocation."  These days I am suggesting that newbies start with 1-25% allocation into bitcoin, so allocating more than 25% would be overallocation - however, each of us needs to assess for ourselves in terms of what other investments we have in order to determine whether 25% in bitcoin might be overallocation or not... so for example, if you do not have any other investments, then you may well start out with investing more than 25% of your investments into bitcoin, and that would not be considered overallocation.. because if you do not have any other investments, then by definition, you are in the early stages of just building your investment portfolio, and maybe at that point your only investment would be BTC, so maybe you only have BTC and cash, so at that point maybe you would have way more allocation into BTC.. even something approaching 80% BTC 20% cash - presuming that the 20% also accounts for your emergency fund and your ability have pretty decent ideas about your cashflow 6 months to 24 months into the future.. so those matters should also be considered when determining how much to allocate and determining from your own perspective if you are overallocated into bitcoin, if so by how much and if so whether you have gotten more options from the overallocation or if you are merely under more stress because of your choice to over-allocate into such a likely to be ongoingly volatile asset class (one of the most inevitable knowns of bitcoin remains that it is likely to continue to be volatile for the next 5-20 years if not more).

By the way, I should make the disclaimer that I am not giving any financial advice.... you fucks.. this is the interwebs... In other words, you should be figuring out this kind of shit on your own and in terms of your own circumstances.. and your own views of bitcoin as compared to other assets in which you could invest.. and I pity the fool..  if you fail and refuse to sufficiently and adequately invest in bitcoin..

Explanation