Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 4359. (Read 26712318 times)

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Everything now under 90K, is a DiP !!!

*edit(1): But I would be hesitant to sell anything for fiat... or in exchange for some sh!tcoin without a similar gain or more. Under $250K, I wouldn't touch fiat.    

*edit(2):  I'm one of those re-Tards that stays 99.9% of the time in crypto with my 90%+ portfolio. No one should keep more then a year in expenses in fiat as a contingency.

Right. But this is on the device, was my understanding?

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Hahahahaha

Save the RF.. my good ole buddy. 

A little birdie told me that you had turned bullish on bitcoin recientemente.

How long is that feeling of bullishness going to last?

Don't you have the attention-span of a Mayfly, at best? 

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https://www.youtube.com/watch?v=eirq4laOhcU

pretty accurate

You are starting to worry me LFC.



It does not seem like an outrageous scenario for $261k to be "seen" this cycle..... so anytime between the first and 3rd quarters of 2022... If we were not to see $216k by 3rd quarter 2022... then anything less than the $150k to $250k range is going to play out as a very weird cycle.. so Jesus we might need to reassess what is going on exactamente in bitcoinlandia.. .. just seems way too soon in bitcoin's adoption to be smoothing out the ups and downs too much.. and surely if we were to "suffer" from such levels of smoothening out of the violence, it could be that some of the financial tools had been successful in keeping our saviour king daddy down.. and even that seems a bit of a strange way for matters to play out in the coming years...

Don't get me wrong-- I am not wedded to having to have outrageousness or having to have blow-off tops or even financially or psychologically wedded to such things to happen in order to still be in a real great position with my bitcoin.. including my witnessing that the 208-week moving average continues to move up greater than 60% per year.

I am just having some troubles foreseeing the vanishing of such likely ongoing outrageousness, violence, battles and all that goes with the recking and unreckening of betters so early in BTC's life..

Such scenario comes off as  strange.. just would be strange.. at the point where we are at..

We (or maybe just I) would have to rethink BTC.... and sure maybe someone is going to provide a model or yeah maybe the facts in terms of how they play out will help to show what is actually going on in order to help to clarify reasons for what we would be seeing in such a whimpy bitcoin play..

TLDR (for you Hueristic).... the next three quarters are critical^tm.

By the way.. regarding your whimpy-ass way of saying that it would happen by 2025.. sure I am willing to concede that in theory.. but we surely have to figure out how we are getting there.. .. in other words, you just seem to be conceding that bitcoin entering into a disappearance of blow off tops or outrageousness would still allow for it to get up to $261k in the next cycle.... just seems weird getting there like that.. if all of this were to end up playing out in terms of your kind of alternative scenario.. our new BTC... .. who have you been reading?  What have you been smoking?  sorry to get personal.. but I am struggling with the vision a bit... sounds like something dragonvslinux might say. #nohomo

I've had a little too much price-discounted Rioja to respond fully, and it's almost bed time. You're right though - the BoE was founded as a private bank in 1694. The Federal Reserve was also founded by a cartel of private banks in 1913. Both were given, by their respective nation's government, the privilege of issuing bank notes as a means of raising and then lending money to the state.

I apologise, but that's all I can really muster at this stage ¯\_(ツ)_/¯

I do agree that it's VERY difficult to do any meaningful research into the Federal Reserve. I wonder why.....

As Henry Ford (may have) said "It is perhaps well enough that the people of the nation do not know or understand our banking and monetary system, for if they did I believe there would be a revolution before tomorrow morning".

Explanation

https://www.youtube.com/watch?v=gAYL5H46QnQ

 

This song sums it up around here xD

https://bitcointalksearch.org/topic/m.58651564

I post it because you guys know how much the man:

• I am a self proclaimed “PlanB Zealot” as per my Twitter Bio
• I have a thread where I spread PlanB gospel: Stock-to-Flow Model: Modeling Bitcoin's Value with Scarcity
  ^{Please don’t post this on that thread as it would be considered blasphemy}

So I felt guilty when I giggled at this:

I'm not sure what you mean by the bolded although I have spent zero time researching the Fed as its all obfuscated and hidden from prying eyes.

Maybe you can explain this?

https://en.wikipedia.org/wiki/Federal_Reserve


Added:

https://www2.uwe.ac.uk/faculties/BBS/BUS/Research/Economics13/1311.pdf

Oh, if only that were true. The UK (we began this with a post about UK taxation/HMRC) is at the very heart of the legacy financial system. Remember that the Federal Reserve's modus operandi was based on the Bank of England's. I would love to see the UK accept btc as legal tender. In fact, that would be astonishingly good. But that would be akin to a bitcoin phoenix rising from the flames of a rotten corpse. I suspect UK plc will be one of the very last to embrace btc. We can live in hope though.

Yeak, Eeeeuuuu. I am not going to say anything. Wait for the Great JJG 💂‍♂️

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