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August 20, 2024, 11:21:42 PM *
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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1.1%)
7/28 - 11 (11.8%)
8/4 - 16 (17.2%)
8/11 - 7 (7.5%)
8/18 - 5 (5.4%)
8/25 - 7 (7.5%)
After August - 46 (49.5%)
Total Voters: 93

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26439375 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (174 posts by 3 users with 9 merit deleted.)
ChartBuddy
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Today at 09:01:17 PM


Explanation
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BitcoinBunny
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Today at 09:07:52 PM

Summer ends next month means 4 weeks+ of depressing bear market.

October is almost always a mega green dildo.

Let's hope for it.
ChartBuddy
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Today at 10:01:15 PM


Explanation
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goldkingcoiner
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Today at 10:17:54 PM

Summer ends next month means 4 weeks+ of depressing bear market.

October is almost always a mega green dildo.

Let's hope for it.


I turn my candles orange and purple. For that Spooktober feeling.
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Today at 11:01:14 PM


Explanation
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xhomerx10
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Today at 11:19:46 PM

To further argue the point. If all mining of gold stops. Gold will become more valuable as it will become rare.

and if all mining of btc stops btc becomes frozen in the address it is in. unable to move digital across nations.

So yeah mining does affect and control btc much more than it does gold or silver or precious material.


Not so much oil which needs continued mining to exsist.


In a way oil is a better model than gold for btc but the reality is neither oil or gold model the way btc does when it comes to the mining of it.

its why traditional supply and demand is not exactly correct to say that is controls btc price.


btc mining can directly influence supply across the board.. in and it can directly influence demand.

gold mining can only partially influence supply.

 Imagine the mining fees to the one who keeps his rig running long enough though!
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