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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4143. (Read 26712959 times)

sr. member
Activity: 1190
Merit: 305
Pro financial, medical liberty
Confirmed, we’ve definitely hit Rock Bottom
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
We are all going to DIE!!!

Slightly humorous that this marked the absolute bottom in the short term. I’m sort of hoping that we get a recovery from here just so that this was the ultimate buy signal, if for nothing else then it is an absolutely perfect example of market sentiment and behavior. Reminds me of the buy when there’s blood in the streets line. I’m not confident we won’t revisit the 20’s before all is said and done, maybe even as low as $10K, but it sure would be nice if this post marked the bottom…
legendary
Activity: 3766
Merit: 5146
Note the unconventional cAPITALIZATION!

What I fear is eventually the powers that be will figure out that possibly their very best chance against Bitcoin is not a CDBC, but rather Ethereum.
And this is one of the reasons the vest asshole, and the idiot xxx.eth people are so annoying.  Because they are too greedy, or stupid respectively to recognize that what they are doing it propping up the best chance the old system has to save themselves.

It is my hope that TPTB waste another 10 years trying to push their CDBC experiment.  I think we will see that fail in a GLORIOUS fashion.  In fact, I think their efforts in this will likely add so much game theoretical gasoline to the Bitcoin fire that, though it might be a rocky decade in some ways, one of the missteps they could make and are likely to.


I would rather my hyper bullish "bear trap" announcements were more accurate... (we are still in a bear trap! lol... it's just really big, and is catching bulls instead for some reason!)

But they are starting to notice what makes the garbage unique a computerized version of the current system, I think...



Oh, and by the way, I am beginning to believe the WEF might just be the most evil organization humanity has produced.  Or correctly, a part of it, as the kraken has a lot of tentacles.

And no, I am not being hyperbolic.
legendary
Activity: 3808
Merit: 7912
We do not consider you our buddy today!
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
sr. member
Activity: 1190
Merit: 305
Pro financial, medical liberty
I'm out of here for a bit, let's hope things improve from here, 38k would be nice.

Don’t go anywhere - things are about to get interesting  Wink



About time the last day or two been a bit dull.
legendary
Activity: 2380
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1235
Merit: 1202
I'm out of here for a bit, let's hope things improve from here, 38k would be nice.

Keep safe and don't panic; we'll turn the corner eventually
legendary
Activity: 2114
Merit: 1323
Bitcoin needs you!
I'm out of here for a bit, let's hope things improve from here, 38k would be nice.

Don’t go anywhere - things are about to get interesting  Wink

hero member
Activity: 2604
Merit: 961
fly or die
YEAH I may go for $200 more in a few minutes as I will be off line for 2 days in terms of buying ability.

Do that or set a few buy orders perhaps

Yeah I could , but I have the daily $50 dca set. I can fund that the whole year with no issues.

I need to study all my gear commitments to figure out if I want to cancel them.

I think I have an over commitment to future gear. But that much of it can be cancelled.

600 + 900 + 1700 = 3200 easy to cancel
..............................2504 easy to cancel

5704 all easy peasy cancels



I could return 2504+2504+4500 = 9508 they would be hard to return but that could be done.

So I can free over 15k in about a week.

The advantage of staggered orders of gpus from legit sellers.

I will do the easy cancels ie 5704 = cancelled.

the more difficult ones I will wait.

Also need to check my silver holdings.
just checked so far it is flat


What GPUs is that as these prices ? Are they new ?
legendary
Activity: 2050
Merit: 1184
Never selling
I'm out of here for a bit, let's hope things improve from here, 38k would be nice.
legendary
Activity: 3794
Merit: 5474
$35(ish) k USD. now theres a dip i can get behind.

usually my buys are pretty well set up in advance (ladders, dca) with a small amount of "impulse" buys or sells here and there. but this? NICE! i shuffled some stuff around to free up some fiat and bought a good chunk o cheap corn. and still have some stuff i can dump for more btc if the dip keeps going.

Which it very well may, but I think it won't be down at these levels for as long as it was in the summer. Various indicators are starting to signal a policy error by the Fed, it won't be long before they start to reverse the jawboning.

If the past is any indicator, I think the Fed will do one superficial rate hike, likely 25 bp or so. The stonk market is already pricing this in.

Of course, the market will scary dip again on the news and the MSM will panic, and then the market will recover somewhat. The Fed will be mum after that, but completely pause on any further rate hikes when they come due this year. As they always do. This is a game that they play for the public, and you can almost set your watch to it.

Make no mistake though, the stonk market will be UP by the end of the year. It cannot afford NOT to be, and the Fed knows this. We haven't seen a down year in over a decade.

Yep, the market can't stay down as it backs up too much debt. Debt can't decrease, because if it does the monetary supply shrinks, then we get deflation. If deflation, then debt becomes a massive burden and causes destruction of more debt, through bankruptcies and paying down of debt, further decreasing the money supply. And if that happens the Great Depression will look like a walk in the park. The Fed knows this, and the whole point of this system is to avoid that very situation.

The money supply must continue to expand (money can only be created via newly issued debt) and if the economy can't do that by itself, the Fed will help out. End of story.

Exactly.

One other thing I left out of my post, is that when war breaks out in the Ukraine, the stonk market will dip again. The Fed will also use this as an excuse to pause further rate hikes.
legendary
Activity: 2050
Merit: 1184
Never selling
$35(ish) k USD. now theres a dip i can get behind.

usually my buys are pretty well set up in advance (ladders, dca) with a small amount of "impulse" buys or sells here and there. but this? NICE! i shuffled some stuff around to free up some fiat and bought a good chunk o cheap corn. and still have some stuff i can dump for more btc if the dip keeps going.

Which it very well may, but I think it won't be down at these levels for as long as it was in the summer. Various indicators are starting to signal a policy error by the Fed, it won't be long before they start to reverse the jawboning.

If the past is any indicator, I think the Fed will do one superficial rate hike, likely 25 bp or so. The stonk market is already pricing this in.

Of course, the market will scary dip again on the news and the MSM will panic, and then the market will recover somewhat. The Fed will be mum after that, but completely pause on any further rate hikes when they come due this year. As they always do. This is a game that they play for the public, and you can almost set your watch to it.

Make no mistake though, the stonk market will be UP by the end of the year. It cannot afford NOT to be, and the Fed knows this. We haven't seen a down year in over a decade.

Yep, the market can't stay down as it backs up too much debt. Debt can't decrease, because if it does the monetary supply shrinks, then we get deflation. If deflation, then debt becomes a massive burden and causes destruction of more debt, through bankruptcies and paying down of debt, further decreasing the money supply. And if that happens the Great Depression will look like a walk in the park. The Fed knows this, and the whole point of this system is to avoid that very situation.

The money supply must continue to expand (money can only be created via newly issued debt) and if the economy can't do that by itself, the Fed will help out. End of story.

Edit: In addition to all that, I know we don't like inflation here because it robs the income earners. But deflation isn't good either, in the later 1800s the gold standard was acting as a deflationary force during the highly expanding economy at the time. Deflationary money supply was punishing those who had debt, and a lot of those people back then were the farmers and working rural folk. The populist politcal movement was born of these times, and they strongly wanted something more inflationary. My point is the Fed knows this, they know what deflation means to the debt holders (everyone these days) so they won't let it happen. To do so, with so much discontent right now, would seriously threaten the modern structure of our society and government.
jr. member
Activity: 32
Merit: 8
All that is missing is a little sprinkle of EmptyGox news, now really soon perhaps maybe returning corn to their legitimate owners. Soon I guess.

Ah the memories. Made me reread a bit - can you imagine as much as 900,000 Bitcoins were "stolen" from MtGox, an asset value of 50 BN USD at latest peak price.
legendary
Activity: 3794
Merit: 5474
$35(ish) k USD. now theres a dip i can get behind.

usually my buys are pretty well set up in advance (ladders, dca) with a small amount of "impulse" buys or sells here and there. but this? NICE! i shuffled some stuff around to free up some fiat and bought a good chunk o cheap corn. and still have some stuff i can dump for more btc if the dip keeps going.

Which it very well may, but I think it won't be down at these levels for as long as it was in the summer. Various indicators are starting to signal a policy error by the Fed, it won't be long before they start to reverse the jawboning.

If the past is any indicator, I think the Fed will do one superficial rate hike, likely 25 bp or so. The stonk market is already pricing this in.

Of course, the market will scary dip again on the news and the MSM will panic, and then the market will recover somewhat. The Fed will be mum after that, but completely pause on any further rate hikes when they come due this year. As they always do. This is a game that they play for the public, and you can almost set your watch to it.

Make no mistake though, the stonk market will be UP by the end of the year. It cannot afford NOT to be, and the Fed knows this. We haven't seen a down year in the stonk market in over a decade.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1235
Merit: 1202
I feel confident that this was the bottom of this dip. Feel free to quote me if I'm wrong :p
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
Not looking good boys but it is what it is. This is frustrating but it’s only delaying the inevitable. We are going to $150,000+ but I thought it’d be this year. Maybe we are entering a multi year bear market, maybe we’re not. I’m sorted either way now after selling 25% between $53,800 & $65,000. Would be lovely if we rocket to $150,000+ but try to make it work for you whichever way we go. If we go to around $27,000 then buy with both hands.

We are going to $150,000+ by the end of 2025 at the latest.

We are going to $400,000+ this decade.
copper member
Activity: 1526
Merit: 2890
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