I see the dollar index is rising putting downward price pressure on gold.

Questions I like to ask:


- Is DXY index going up because Euro EUR currency is going down now?

- Will all that money printing for stimulus cheques coming soon courtesy of the Biden administration, will that put downward price pressure on the DXY because of inflation or is DXY is only measured against EUR and other currencies regardless of how much inflation there is in the $US Dollar? Lets say there is Hyperinflation with both $US Dollar and EURO at the same time then will that mean DXY wont be affected?

- Will DXY be updated to include the Chinese Yuan currency and approx. when will that be?

- Like gold can DXY put downward pressure on Bitcoin too?

- Can cashing out assets to the $Dollar, like selling off stocks, selling bitcoins for $dollars increase the DXY? I ask because of the march stock market crash last year the DXY jumped up in price at the same time.

- When people spend $Dollars, then will that put downward price pressure on DXY? Is it spending Dollars from savings or from debt that causes this?

- Will low interest rates put downwards price pressure on DXY because it encourages more spending and less saving? Also this encourages a lot of borrowing to spend that should boost the economy but does a US economy that is running on debt increases or decreases the DXY?

- Is it high DXY that causes Crude Oil prices to go up or vice versa?

- If the USA changes its paper fiat $Dollar currency to the newer blockchain CBDC Central Bank Digital Currency digital programmable new $dollar money system, then will that replace or Reset the DXY to 0?

There's now seems to be a civil war amongst investors now and that is Retail investors and the big Institutional investors thanks to the Robinhood gme gamestop scandal and wall street bets.

The small time retail investors are pissed that brokers/exchanges wont allow them to trade while they allow the big whale institutional investors to continue trade on the stock market.

Bitcoin is the currency of the people for the people so isn't it bad for bitcoin to let the big institutions to gobble up all the bitcoins and leave non for the small retail guy 

I understand bitcoin is a decentralised currency where no one controls it meaning anyone can buy it no matter how rich they are so that means the bitcoin protocol cant be changed to limit the amount of bitcoins a institution can buy so everyone can get a fair exposure to the btc market?

Otherwise bitcoins will be mostly institution owned and the small retail guy wont get any

Bitcoin suppose to be the free currency of the people for the people right instead of jacking up the price so only the rich can afford it.

When will that audit into USDT Tether will finish? That's still a major outstanding FUD this year.

I bet they will release that tether FUD when btc reaches another ATH at $50k or whatever so they have another chance to buy in cheaper 

Okay looks like bull market has resumed thanks to the lack of trust in the stock market where robin hood investors lost faith in the stock market where's there's a lot of market manipulation there so I think they coming over to bitcoin now because its decentralised which is more trust worthy.

Were not far from 42k resistance now if we break that then consider bull market train has resumed the journey 

So you guys saying for example popular Chainlink LINK cant never reach $100 each cause it has a billion supply 

Im looking at the btc chart:

It reach a new ATH back then at $3k on Jun 2017 before dipping back down to £2k a month later in July which is a 33% dip (a normal correction) before heading towards 5k six weeks later.

Back then we had segwit adoption and there was also that bitcoin cash hard fork meaning a free air drop of bitcoin cash to btc holders that gave that bullish momentum back then.

Whats bullish news is coming for btc in 2021? Any news of the lighting newtork?

A 33% correction off $42k ATH is at 27-28k, if this is indeed a bull market then we should bounce from this 27-28k sharply making higher highs and higher lows from there. Only time will tell.

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If it does end up copying like 2017/18 then Bitcoin will become very predictable indeed, and if it does become predictable then volatility will flatten out boring and you will only see a few volatility spikes on those predictable certain dates!

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If it breaks 30k support then what makes you say that we wont wont enter another long-term bear market till the next halving in 2024 where we can retest ATH 42k resistance near the end of 2024 and double from there to nearly 100k in early 2025?

If that is the case bitcoin will be in a strange paradox where history repeats itself over and over like a repeating pump and dump that doesn't look good for btc.

Comparing market caps cannot be done unless you say that we are coming to end of bull market now then we can do a proper comparison and if its the end of the bull market now then the analysis is 2017/18 & 2020/21 are both very similar!

Obviously everyone knows that a bear market follows a bull market however most people are saying this is early stages of a bull market caused by big institutions. Are these people right?

What you mean coinbase premium is negative? Do you mean there was a $60 premium over spot market price of btc and if so how come I dont see this premium in coinbase pro and where do you see this live premium data?

The last ath 20k bull market back in dec 2017, btc has hit 14k support from ath 20k five times before finally breaking 14k support on the 6th time it hit it. From there it was end of the bull market entering the bear market. It took about a month to break the 14k support on the 6th time

Fast forward to today are we seeing something similar today with the same winter months like back in 2017/18, everything looks the same except everyone now is saying this is early stages of the bull market run by big institutions. If that's the case then it should not break below the 30k support right We can see btc has hit 30k support twice from ath 42k. So after another month from 42k ath are we are going to break 30k support around 7th feb to enter a bear market like last time?

Check out this thread, it compares bitcoin with chainlink. Bitcoin has 21million, Chainlink has 1 billion:

https://bitcointalk.org/index.php?topic=5312147.msg56182584#msg56182584

Is it possible for chainlink to reach $100 each after reading the link above?

The main number 1 reason causing demand for Bitcoin is scarcity.

So you saying if there was a trillion btc supply then people would still want (demand) btc at $30k at the moment 

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Number 1 reason for Ethereum demand is usage and utility.

Eth is being used like a foundation for all these De-Fi coins and for 1000s of altcoins that are dependant on Eth. So Eth is like a blood supply to these alts hence its $1200 price now per Eth is high now even though there's a infinity supply to it but it has that demand.

But then again Water is a highly used liquid in the world that still takes resources to clean/filter it before use, it is always in demand 24/7 because without it we die. I can say water is unlimited no fixed supply in gallons hence Water is cheap now. So how Eth is expensive now 

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Lets look at a popular Altcoin right now that is Chainklink LINK.

Its price now is $24 and a max supply of 1 billion.

So if Chainlink were to pass $33 price today then as of today then you are saying Chainlink is better than Bitcoin for example?

Then how much you think the price of 1 btc be today? Is it just doing some simple math to work out the price or is it more to it?

If 1/8th of the world population had 1 btc each then what you guys think the price will be?

There's a 1000 million in 1 billion.

Bitcoin has max 21 million coins, this low amount gives it that fundamental value.

Can a altcoin with a billion max supply reach $100 each?

Has any alts in history with a billion or billion+ but no more than a trillion coins reach $100 each?

You moving from limited supply asset to a unlimited supply asset ?

Sounds kinda risky.

Even the federal reserve printing $trillions is limited by the number of trees available and printer ink so still kind of limited lol. 

Expect Tether USDT FUD at 50k Btc to try bring it down again. Sure there will be more FUD's this year.

The Federal Reserve is printing $trillions for the stimulus cheques and were worrying about tether not being backed by the dollar. What's backing the $trillions that the printer is printing out dollars at the fed to begin with  

I'm trying to think of FUDS that they will use in the next bully cycle of 2024/25 when they try to crash it from 500k to 100k, cheap coins lol :

Feel free to add to the list no matter how silly they sound:

- Triple Spent BTC Transactions.

- Terrorists bought 3 nuclear bombs that cost 1 btc each but manage to buy 3 of them for 1 btc because of Triple Spent so they can now nuke 3 countries including the US for the price of 1 btc. So everyone be very afraid unless we ban bitcoin now.

- BTC mining is melting ice caps in north pole because btc mining gives off a lot heat so BTC is killing the planet.

- President Trump re-run for 2024 presidency has been funded by btc donations from terrorists so terrorists want him to win so he can break down the US for them.

- There's a digital computer virus version of the Corona Virus that turns off cooling in computer systems such as turning off fans meaning btc computer mining systems will overheat & implode from no cooling so btc network is screwed.

- The mainstream media will find a Japanese looking Satoshi Nakamoto intimidator and portray him as the real Satoshi and he will a lot of bad things on bitcoin like Craig Wright is doing now.

- And the usual China will ban bitcoin for the millionth time.

For example if I have 1 bitcoin that equals to one lambo then I can buy 2 lambos with it thanks to the Double Spend scam in which fraudsters criminals that can exploit.

Why is everyone selling their btc then when you can get two for the price of 1 btc 

Best to Hold then 

I remember the 2017 multiple FUDS from China banning Bitcoin and the Jamie Dimon btc scam FUDS and FUDS from everywhere to dip the price so they can buy CHEAPER lmao.

You will never get FUDS in a bear market.

Isn't this just blatantly obvious.

Old school Market Manipulation.