For the reset of the world that will be 1 BTC ≈ 907.185 grams of Gold... almost 1 kg.

Which is why it has felt like it's been overheating in at least February. TV was bitcoining all over. You know it's mainstream when even Reuters is talking about Bitcoin all the time.

People all know what Binance is.

Defi shitcoins are being shilled 24/7 on every spam message.

And yet we are in the $54k range again, yeah it did drop to $43k, a 26% if I'm not mistaken, but the price has bounce back already and we may hit $57k or even more.

And if someone bought during the dip, congrats and *clap* *clap* because you have made profits but pointing the obvious.

*sorry if I missed something but is it really the Bitcoin FBI wallet...
I see the number is very large, the final balance value is $7,646,519,732.43. if true then they are likely selling the 'caught' bitcoins and depositing the money into the country.

70% price crash is too much and I don't think its normal in a bull market what realistic to me is 30%-40% healthy correction in the short term, I can agree that it may correct after hitting $68k, I know many institutional investors are waiting for a big dip before entering btc and the best range they will accumulate for sure is from $40k if it go down this far but I doubt it will.  

back in 2017 (and it is starting to happen again these days) you could buy a dead coin (literary dead because it had no chain anymore) and it got pumped at least 500% and you could make a ton of money from it. that didn't change the fact that it was a shitcoin.

You are talking about the period from the end of 2017, then we did not have SegWit and crypto exchanges did not mainly apply batch transactions. Given how much the price has gone up, the fees haven’t risen so drastically though - although the time of $0.10 for the fee is definitely behind us. The problem of large fees stems mainly from ignorance, because how to explain that at this point someone is paying 400 sat/byte, and for confirmation in the next block 50 sat/byte is enough

Everyone has their own strategy, but I don't think things will go so dramatically that the fee will be $70 + or that a big crash will happen overnight if something as dramatic as a pandemic doesn't happen.

well everything in crypto is possible. bitcoin hitting 150k might be too much of optimism but for some of us it will be more than that. the fomo is going to overhype crypto but the fall could also very terrible. just as how history show when btc touched $3k during the bear market.

not knowledgeable about Pi Cycle Top so its very interesting to see someone used 111 and 350 DMA.
how do we know the market is very overheated?

This is pretty much following what PlanB's stock to flow chart analysis predicts, which is all good.

But is there really going to be a crash? I mean the market or scene has changed from the 2017 to
2018 correction, its not all OTC investors now, there are serious Hodlers in Bitcoin who say they
wont be selling.

Your fucking kidding me!... and they are plugging it into the WAN port not LAN port!

Thank you.

Both boil down to the same thing of course.
Socrates was the later, not that it's of any significance, as I'm pretty sure that there were others (not Greek) before Kλεoβoυλoς too.

Is it true though FBI owned that much coins? however regardless whether this news is true or not but if any hacker happens to be able to steal that coin then the hacker will be hunted down by the FBI or even worse the whole US goverment since it's not some measly amount.
I could imagine that hacker gonna have a lot of money but can't even cash out or living a hellish life because hunted LOL.

That key sentence there is "if fundamentals remain unchanged" and that is the most important part. I do believe that we will go up even more, we may reach to near 70k levels, but I do not believe that we will have a 70% drop, that part is wrong in my opinion.

We are bullish because of unexpected huge cash reserve turning to bitcoin by many companies deal, billions are coming into bitcoin, this is not a normal regular increase, which is why we can't really have any kind of shocking drop anymore, they will not allow it, billions will be spent to keep it up from now on. Think about it like stock market, they always keep their own money up because they care about that, they do whatever they can do make their stocks higher price, and that is why I believe bitcoin will not have a huge drop. Sure fundamentals look like it will go up, but nothing could show me a drop that makes sense anymore.

Wow ... I get my vaccination not until next year, because here in germany they are slow as fuck and the politians were to stupid to get this right ...

There is no choice but HODL because I always make long-term investments in bitcoin so it doesn't matter to me, because every time there is a decline it will definitely go up again even if you have to wait a long time.
and besides that I will take advantage of the decline in bitcoin to make purchases gradually and hold them for the long term.
I always do things like that and the results are satisfactory, I also make sales when the price of bitcoin goes up and sell a small portion of the profit for necessities.

How can you say all alts are shitcoins, I make a lot of money on altcoin than Bitcoin, and there is a lot of new technology from altcoin that change the world than Bitcoin. I agree that Bitcoin is the mother of coins but the technology always update, stuck in Bitcoin will make you missed good profits

They should know how to secure their asset, although there is a huge risk of exposing their wallet in the eyes of the public, if ever the wallet was hacked and coins were stolen there could be a huge crash coming if the hacker decides to cash out those Bitcoins, we know FBI they have all the resources to track who hacked their wallet, it will not easy to getaway.