Richy_T
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August 06, 2021, 03:43:24 PM |
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BTW, look at gold and silver today. Does this look inflationary?
That short term isn't very interesting. I did look at the price of beef today. $1-2 per pound up from when I last looked a few weeks ago. Lumber still up. 3,500,000,000,000 dollar bill floating around, millions of unemployed crossing the border and a number of countries who've already made noises about deposing the petrodollar. It doesn't happen till it happens but anyone who's not getting their ducks in a row is going to be like the people who was complaining there was no TP available because all the people who saw there was going to be a run on TP went ahead and stocked up.
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Biodom
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August 06, 2021, 03:52:18 PM |
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BTW, look at gold and silver today. Does this look inflationary?
That short term isn't very interesting. I did look at the price of beef today. $1-2 per pound up from when I last looked a few weeks ago. Lumber still up. 3,500,000,000,000 dollar bill floating around, millions of unemployed crossing the border and a number of countries who've already made noises about deposing the petrodollar. It doesn't happen till it happens but anyone who's not getting their ducks in a row is going to be like the people who was complaining there was no TP available because all the people who saw there was going to be a run on TP went ahead and stocked up. Lumber is reverse spiking down and is currently lower than in 2018 (down more than 66% from the peak), lower YTD and on 1 year chart, down 7.4% today alone. https://www.nasdaq.com/market-activity/commodities/lbsUnless they spike the bowl again, it is going to be deflation, imho.
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psycodad
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精神分析的爸
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Observing $41830 - Go Honeybadger, go! After all, 42(k) would be the answer to everything.
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UnDerDoG81
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August 06, 2021, 04:00:54 PM |
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42k broke. What's next? I dont know what to think about this US thing going on. I knew the day will come they will fight it. But I did not expect it that early. Looks like this small assett hurts them already big.
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ChartBuddy
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ivomm
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All good things to those who wait
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August 06, 2021, 04:10:27 PM |
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Richy_T
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August 06, 2021, 04:12:57 PM |
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Lumber is reverse spiking down and is currently lower than in 2018 (down more than 66% from the peak), lower YTD and on 1 year chart, down 7.4% today alone. https://www.nasdaq.com/market-activity/commodities/lbsUnless they spike the bowl again, it is going to be deflation, imho. OK, I'll give you lumber. I didn't see it had fallen like that. But it seems there were backlogs and probably lots of jobs got cancelled. Good for me though, I have a shed I want to build. We'll have to see with the other stuff but IMO, the effects of government spending are going to dominate.
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d_eddie
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August 06, 2021, 04:19:02 PM |
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Dedicated to LFC_Bitcoin and to our good girl, who didn't need much poking to do her thing this time. Going up and down bought under 58k good girl keep at it #haiku
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rdbase
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Join the world-leading crypto sportsbook NOW!
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August 06, 2021, 04:19:10 PM |
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Bitcoin going very hyperbolic: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F4gh9SRQ%2F42550.jpg&t=665&c=waYnvjijtlc37g) Even showing higher on preev rate (minus bitfinex aka. tether printers): ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FsJVvtP8%2Fpreevrate.jpg&t=665&c=g_HILEzYRPj8DA) Could it be the news of coinbase accepting cashout per transaction up to $100k using apple pay & google pay? Just maybe. https://bitcointalk.org/index.php?topic=5353112This is rather big news on a global scale since it allows seamless transactions using these two money transfer services inline to bitcoin. source: https://cointelegraph.com/news/coinbase-users-can-now-buy-crypto-with-apple-payThe main thing to take away from this news is they will have a limit of up to $100,000 in a single transaction to be cashed out by their customers. I don't think any other service allows this on their platform. With google allowing ads pertaining to bitcoin again, it is showing google's acceptable that it is not a hindrance on their business model after all.
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Victorycoin
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August 06, 2021, 04:20:03 PM |
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Bitcoin going very hyperbolic: ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F4gh9SRQ%2F42550.jpg&t=665&c=waYnvjijtlc37g) Even showing higher on preev rate (minus bitfinex aka. tether printers): ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2FsJVvtP8%2Fpreevrate.jpg&t=665&c=g_HILEzYRPj8DA) Could it be the news of coinbase accepting cashout upto $100k using apple pay? Just maybe. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) "JUST IN: Coinbase to enable crypto buys with linked debit cards to Apple Pay and Google Pay, and instant cashouts up to $100,000 per transaction available 24/7" Source: https://twitter.com/Bloqport/status/1423329349697159172Yes i also see coinbase news bitcoin accepted apple payment i hope so bitcoin is now great mooved at the time and strongly price incresing...
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Phil_S
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We choose to go to the moon
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August 06, 2021, 04:20:03 PM |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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August 06, 2021, 04:25:44 PM |
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42k broke. What's next? I dont know what to think about this US thing going on. I knew the day will come they will fight it. But I did not expect it that early. Looks like this small assett hurts them already big.
Feelings are being hurt.
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rdbase
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August 06, 2021, 04:25:50 PM |
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She looks like a javelin thrower with that green dildo. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Great timing for the ending of the Olympics and the beginning of the PUMP! ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) People on the livefeed I am watching are saying the new resistance is $42,690. Can see this being broken within the next leg up.
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Toxic2040
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August 06, 2021, 04:38:52 PM |
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JayJuanGee
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Activity: 3822
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Self-Custody is a right. Say no to"Non-custodial"
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August 06, 2021, 04:56:26 PM |
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People on the livefeed I am watching are saying the new resistance is $42,690. Can see this being broken within the next leg up.
Could be. Could be. If resistance is broken towards the UPpity and if we get above $46k, then I am going to start to feel (and maybe even proclaim with confidence of greater than 50/50.. perhaps around 58.43249/41.56751) that "the bottom is in."
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Toxic2040
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August 06, 2021, 04:58:57 PM |
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ChartBuddy
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Merit: 1800
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August 06, 2021, 05:01:26 PM |
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shahzadafzal
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August 06, 2021, 05:02:08 PM |
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Ukraine 🇺🇦
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LFC_Bitcoin
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I usually only post this one when we’re experiencing pure euphoria but it’s been tough since mid May. So here it is, hitting $43,000 makes me feel like this. Come here you lovely Wall Observers #nohomo ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.ibb.co%2F0fPdKN1%2F3-C9056-A5-AC70-4-FEE-AB26-CCF01-C90-E1-E1.jpg&t=665&c=ryMLi1uLc_ns-w)
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shahzadafzal
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August 06, 2021, 05:16:07 PM |
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