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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26368633 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.)
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November 14, 2023, 06:03:24 AM


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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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November 14, 2023, 06:44:06 AM

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November 14, 2023, 08:30:36 AM
Merited by xhomerx10 (1)

buddy did three in a row make it for you?

maybe you do 4 in the still of the night.

Sideways 36-38k is the new slot.

maybe we leave it in a few days.

Looking at patterns from previous cycles I could understand why traders would be expecting a correction here. Typically there is one more dip before the main launch around the halving time. I personally wouldn’t bet on it though, as I’m a believer that the FTX fraud artificially depressed prices more than any time in previous Bitcoin history.
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November 14, 2023, 09:01:17 AM


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November 14, 2023, 11:49:56 AM

ChAIrtBuddy.

Nice avatar!

Price not so nice though. Nice = $40k+...

Yes, we're greedy and we like it.
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November 14, 2023, 12:42:56 PM

This is a complete oxymoron statement.

Spot on, exactly the point it was trying to make.


I can most assure you, if TPTB were to "reset the world economy onboard <insert crypto blockchain here>", it would definitely NOT have core privacy as a feature. Or it would have fake privacy, or a backdoor to privacy of some kind.

No backdoor to SHA256 as far as I can tell, despite being an NSA baby.
Kindly remember that my thesis is that Bitcoin is a rogue NSA project.
Also let’s not forget that most crypto are already backdoored.


Privacy to them would be a failure. Thus, CBDC's will have zero privacy.

Indeed again, but apparently you got it the wrong way.
Privacy development is what is going to define if Bitcoin is by the people and for the people, or just some big decentralised psy-op CBDC tool.
My hope is that it’s the former and not the later.



Indeed. There hasn't always been affordable access to lifesaving systems for the poor (and illiterate).

Sure, let’s scare them and vaccinate them to death - from birth.


Now nearly everybody everywhere has access to the necessary information.

Maybe you do, perhaps I do too, but that is not most people, with all the censored search results going full monty by your masters.


The biggest problem now is the malicious misinformation and disinformation being spread in the Mainstream Social Media.

And there we have it - your true colours.
Let me guess, let’s censor them all, only TPTB opinion matters and is allowed to circulate, right?


When I was in school, we were taught not to believe everything we read in the newspapers or by extension everything we saw on TV or heard on the radio.

Apparently you didn’t pay much attention, did you?
Wear your fucking mask and shut the fuck up you fucking bozo. <— did you like that? because it’s exactly what you’re trying to impose.


Now it's common for gullible dupes to swallow what they read or watch on the internet.

Actually the past three years I’ve been re-evaluating every single thing - that I thought I knew - ever since childhood.


Sigh.

You do that, and then sigh some more, and more…
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November 14, 2023, 02:57:54 PM

ChAIrtBuddy.

Nice avatar!

Nice spot. Without even weird hands to give it away.
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November 14, 2023, 04:59:56 PM

Holy stock rally Batman! I can’t remember the last time my stock portfolio was so green. Definitely feels like a shift has been made in the investment world. A bit curious why Bitcoin hasn’t followed suit and gone up a significant amount today, but I guess after the recent rally the market needed a breather. Still good news that money is flowing back into equities.
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November 14, 2023, 05:09:11 PM

Holy stock rally Batman! I can’t remember the last time my stock portfolio was so green. Definitely feels like a shift has been made in the investment world. A bit curious why Bitcoin hasn’t followed suit and gone up a significant amount today, but I guess after the recent rally the market needed a breather. Still good news that money is flowing back into equities.

There's no correlation anymore. They've been writing about it for months. For instance, here's Coindesk in July:

Quote
Bitcoin's (BTC) fortune is no longer tied to sentiment in the U.S. stock markets. The 90-day rolling correlation of changes in bitcoin's spot price to changes in Wall Street's tech-heavy equity index, Nasdaq, and the broader index, S&P 500, has declined to near zero

thestreet.com, 2 weeks ago

Quote
Despite being a fundamentally decentralized asset, the bitcoin price historically tracks with traditional assets. But its recent decoupling from the S&P 500 could signal a changing outlook from mainstream investors. (...) TheStreetCrypto’s George Tung reported in the video above. “In 2023 … there’s 0% correlation… That’s because we have this flight to quality. A lot of people are paying attention and not happy about what’s going on with inflation, with printing, with debt, with everything else that’s going on. And plus, people are not oblivious to the fact that institutions are jumping into the space and about to pump bitcoin.”
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November 14, 2023, 05:28:16 PM
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Holy stock rally Batman! I can’t remember the last time my stock portfolio was so green. Definitely feels like a shift has been made in the investment world. A bit curious why Bitcoin hasn’t followed suit and gone up a significant amount today, but I guess after the recent rally the market needed a breather. Still good news that money is flowing back into equities.

There's no correlation anymore. They've been writing about it for months. For instance, here's Coindesk in July:

Quote
Bitcoin's (BTC) fortune is no longer tied to sentiment in the U.S. stock markets. The 90-day rolling correlation of changes in bitcoin's spot price to changes in Wall Street's tech-heavy equity index, Nasdaq, and the broader index, S&P 500, has declined to near zero

thestreet.com, 2 weeks ago

Quote
Despite being a fundamentally decentralized asset, the bitcoin price historically tracks with traditional assets. But its recent decoupling from the S&P 500 could signal a changing outlook from mainstream investors. (...) TheStreetCrypto’s George Tung reported in the video above. “In 2023 … there’s 0% correlation… That’s because we have this flight to quality. A lot of people are paying attention and not happy about what’s going on with inflation, with printing, with debt, with everything else that’s going on. And plus, people are not oblivious to the fact that institutions are jumping into the space and about to pump bitcoin.”

So what if "they" have recently been talking about it and confirming the matter.

Bitcoin always has been not correlated to various equities and/or tech stocks, even though there have been so many claims about correlation.



In udder wurds:  Bitcoin always has been.. not correlated to the stock market or even to tech stocks (even though shitcoins might be somewhat correlated to tech stocks to the extent that shitcoins are not correlated to king daddy.. aka dee cornz).. so it does not matter so much that some folks are finally coming to realize it (at least temporarily, until they start to make the same nonsense claims at some other convenient point when they are trying to mislead peeps)
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