Price on December 11th, 2017 = $17,150 Price on December 11th, 2022 = $17,150 #Bitcoin is a stable currency. Memeing BitcoinIf $17150 on Dec 11, 2027 then I might be concerned. |
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thank you buddy for yet another day of sideways action.
we have a double day this coming week.
cpi on dec 13th
fed rate adjustment on dec 14th
very stable leading to these numbers.
core of 6.2
cpi of 6.9
fed rate up 0.50
Cleveland Fed says (predicts); core 6.3 CPI 7.5 (wow!) last time they were off by 0.4, so there is that. five guys: a hamburger fries a soda $20.00 fucking nuts. well, they give you a gigantic bag of fries, and prices are a bit lower in the H-town, but I hear you. |
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thank you buddy for yet another day of sideways action.
we have a double day this coming week.
cpi on dec 13th
fed rate adjustment on dec 14th
very stable leading to these numbers.
core of 6.2
cpi of 6.9
fed rate up 0.50
Cleveland Fed says (predicts); core 6.3 CPI 7.5 (wow!) last time they were off by 0.4, so there is that. |
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From the abysmal FOX WC commentary (in US): "Bellingham opened his legs, causing Pickford not to see the ball".
I guess Pickford was distracted by those beautiful "open" legs.
That ChatGPT bitcoin and self related haikus are strangely beautiful.
The new new world might be coming.
Singularity could be close.
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Too bad the UK didn't nuke Argentina 40 years ago. The fuckers would have deserved it.
BicoinFunny: You started long ago with this "fuck Argentina" thing .. and i let it pass. Haters gonna hate.. and losers... well.. you know. But mixing a game or sport with a sad war from the past.. you are sick. I'm proud to be argentinian and to be able to respect others that think different, even if they insult.  all things considered, I think he was saying it just in jest. |
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Crazy you can win with that sort of defensive football. But well done Morocco. What a disgrace Ronaldo has become leaving so quickly and crying his eyes out. Too many prima donnas.  Both him and Neymar crying...it's difficult to acknowledge that your carrier is "almost" over, especially since he (Rolado) was doing it well for about 20 years and Neymar for maybe 14. Both will never win a World Cup. As far as crying-yeah, a little too emotional for me. |
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Hello fellow Bitcoin "enthusiasts,"
I know that many of you are probably licking your chops at the thought of Bitcoin going on another one of its infamous parabolic runs, but let me tell you, you're all going to be disappointed.
First of all, let's look at the so-called "increased adoption" of Bitcoin by mainstream businesses and organizations. Yes, there are a handful of companies that have started accepting Bitcoin as a form of payment, but let's be real here, how many people are actually using it? The vast majority of transactions are still done using traditional currencies, and until that changes, the demand for Bitcoin is not going to skyrocket.
And even if there was an increase in demand, do you really think that would be enough to cause a parabolic rise in the price of Bitcoin? Please, spare me the "limited supply" argument. Just because there will only ever be 21 million Bitcoin in existence doesn't mean that they are all going to be worth a fortune. In fact, the vast majority of them are probably being hoarded by a select few, and the rest are being traded for pennies on the dollar.
And as for the idea that Bitcoin is a "hedge against inflation and economic uncertainty," give me a break. Do you really think that a decentralized, unregulated digital currency is going to be able to withstand a global economic crisis? It's not even backed by anything of tangible value, and it's completely subject to the whims of the market.
In conclusion, all of you need to stop drinking the Kool-Aid and face reality. Bitcoin is not going to experience a parabolic rise in the early new year, and anyone who thinks otherwise is deluding themselves. So please, for the love of god, stop spamming the forums with your nonsensical ramblings and try to have a little bit of critical thinking.
produced by ChatGPT? |
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The majority of US houses, including "luxury" homes around here are made largely with oriented strand board (OSB), which is made by gluing together peeled wood products.
It's a middle of three piggies houses (sticks).
i am not a specialist in housing construction, but it doesn't seem very luxurious or long lasting.
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yes, it appears to be...a bit scary.
Portugal (sans Ronaldo) looks great..a title contender now.
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hey guy block this mofo he is slacking off.
we are under 17k.
I tell you if they do a 0.50% fed jump on the 13th vs a 0.75% jump we will rally bigly.
could happen, but just because many market participants are kids...fed already telegraphed that move. |
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England/France should be interesting.
December's World Cup
the football spirit flies high
bitcoin's on the mend
#haiku
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IMHO, it is a bit illogical to suggest a 200K as the next ATH as we should either be in a top deceleration trend (1.1K to 20K to 69K to maybe 120-130K) or in a usage acceleration trend the peak should be much higher at, say, 500K. Basically, the push from decrease in issuance (block reward) should be smaller in each cycle, but at some point we can get into the S-curve in adoption, hence the possibility of a bigger number.
200K does not seem to fit any discernible pattern. Sure, it could happen, just based on the randomness.
Halving suggests that the price should at least double so $69k x2 = ~$140k. That would be fair price for the miners and all but we know that Bitcoin doesn't give a damn...  why would it? it's a halving of reward, not doubling of the price. The bulk of btc is already issued and the breakeven for miners is about 15-16K (this one will be doubling, sure). |
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IMHO, it is a bit illogical to suggest a 200K as the next ATH as we should either be in a top deceleration trend (1.1K to 20K to 69K to maybe 120-140K) or in a usage acceleration trend the peak should be much higher at, say, 500K. Basically, the push from decrease in issuance (block reward) should be smaller in each cycle, but at some point we can get into the S-curve in adoption, hence the possibility of a bigger number.
200K does not seem to fit any discernible pattern. Sure, it could happen, just based on the randomness.
EDIT: re ending the bear market..there are two schools of thought about it...one says that once the market is +20%, the bear market is over..another says that bear market continues until you are over prior ATH (I like this one more)...therefore, 30-40K would not be the bear market end, but an intermittent rally (just like in 2019 when we went to about 70% of prior ATH). I would welcome the rally to 68.9X0.7=48.23K anytime, though.
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An interesting take, I agree. Especially the part where he says that CZ should similarly destroy Binance....calls it an act of effective altruism, lol. I don't think people calling it fraud is defamation, though, since Mr. Ray (new CEO) already said that there were inappropriate actions. At least one Dem senator (Durbin) said pretty much the same (albeit I disagree with his generalizations). That guy doesn't know s-t about volatility. If he has concern about bitcoin volatility, how about META and NFLX, lol? https://www.youtube.com/watch?v=zmwLkjQl-vYOne word about paying lawyers...I was a part of Enron unsecured creditors list (basically, stupidly bought a bit at a "bargain" $2-3). The recovery there was pretty good-around 30-32%, so Mr. Ray achieved something. Typically, stock holders receive something that is close to nothing and getting those funds at or close to the end of 2002-2003 recession allowed me to reinvest the proceeds close to the bottom. |
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Didn't even know amerika had a soccer team. Did they have to do anything special to get there? Where? WC? They had to win qualifications...and then, they had to qualify from the group (which Germany, for example, failed to do), so they did OK. |
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Remember what you had been saying and what you had been arguing about never having to sell your BTC because you can just "earn from your BTC" and various bullshit like that? Haven't some of those models been disproven to you? or at least undermined in recent times? You could have still earned by selling calls throughout the bear market, but apart from that, you are right-it turned out that "yield" and bitcoin do not play nice and, perhaps, it was more likely from the get-go, considering the crazy attitudes of supposed "regulated" 'adults in the room'. Even plain English text of the documents did not help because, allegedly, there were other parts of the agreement in direct contradiction to "it's your funds" statement. I actully read the Gemini "Earn" agreement and after that reading decided not to use it (because they said that they will loan your btc to third parties). BTW, Ledger X (where you can sell calls on btc) survived FTX bankruptcy (so far), even though they were relatively recently bought by FTX.us EDIT: apparently, LEdgerX is for sale now and the bidders are blockchain.com (which was OK 5 years ago, not sure now), Gemini (surprisingly) and a few smaller players. Personally, I think that Novo will snatch it (if he still have funds). |
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