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41  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 28, 2021, 07:05:57 PM
Welcome to the thread, WaltKitty.

Thank you.

You are going to need a lot of luck and training if you believe that Wall street has much if anything to do with the BTC's price, except for perhaps some short-term periods in which they may be able to capture it (or say that they had captured it).. yes.. for short periods.

I believe you are misconstruing my belief system with a question. I do think luck and training are a important aspect of ones corporeal existence though.

If it were up to Wall street, BTC prices would still be below $500 and they lost that battle in early 2016.  Sucks for them .. the pompous asses. .who do not even adequately account for what bitcoin happens to be.

I am detecting a certain amount of pompousness myself, much to my surprise.

So sure they will continue to have more battles to keep BTC's price where they would like it to be (and to proclaim that they are keeping it there).  I could probably give you a litany of examples, but it is a BIG ass waste of time, and you have to figure that out for ur lil selfie.. whether it takes you a few weeks to figure it out or you dabble with those kinds of misconceptions for 10 years or longer when you could have just been buying bitcoin.

I am very impressed that you are able to discern my time of involvement with Bitcoin and also my accumulation habits out of a few short sentences. Kudos to you.

In other words, inevitably, just like 2016, your lil Wall street buddies have to change their purported price control reference points (ongoingly in the upwards direction) in order to make it seem that they have any kind of semblance of an idea about what is happening in bitcoinlandia and to appear as if they have control of BTC prices beyond relatively short periods of time.

I did not step into this thread to start a flame war but your presumptions about who and what my "buddies" are is flawed in my opinion. I think what I pointed out is a relevant topic in relation to the current price dynamic.

WaltKitty, Welcome, to the machine.

Thanks!
42  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 28, 2021, 06:31:24 PM
Quote
A top Federal Reserve official on Monday advocated against creating a digital version of the U.S. dollar, questioning the use cases and security of a Fed-issued digital currency.
https://finance.yahoo.com/news/fed-randal-quarles-skeptical-about-need-for-us-digital-dollar-171011654.html

43  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 28, 2021, 05:54:07 PM
Salutations.

I suppose I should start off with the obligatory first post statement of I am long-time watcher of this eclectic thread. It can be quite entertaining at times. In regards to the recent price action and wall watching or whatever it is that is done here. It seems as if Wall Street has already determined what Bitcoins value is going to be with a volatility ratio comparison to gold. I am not quite certain how I feel about this, especially coming from JPMorgan. Literally in my opinion the belly of the beast. Any comments or thoughts from the esteemed members of this community?

Quote
Panigirtzoglou and his team have our call of the day, giving bitcoin a fair value of $23,000 to $35,000 over the medium term, based on the relationship between its volatility and gold’s, as the crypto faces new headwinds.
https://www.marketwatch.com/story/heres-how-much-bitcoin-is-worth-says-jpmorgan-as-crypto-faces-this-summer-headwind-11624533578
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