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Question: Price Target for Nov. 30, 2024:
<$75K - 2 (3.4%)
$75K to $80K - 1 (1.7%)
$80K to $85K - 2 (3.4%)
$85K to $90K - 7 (12.1%)
$90K to $95K - 12 (20.7%)
$95K to $100K - 9 (15.5%)
>$100K - 25 (43.1%)
Total Voters: 58

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26493650 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.)
JayJuanGee
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May 31, 2024, 07:36:32 AM
Merited by xhomerx10 (1)

Why is there so much noise here? i don't understand.
Me neither.  I'm hoping JJG can shed some light on exactly what the hell is going on here.

I am going to suggest that we might have a "failure to communicate" going on.

https://au.news.yahoo.com/computer-scientist-lied-extensively-bitcoin-134449787.html
According to this article published by Yahoo News, Dr. Wright intends to appeal the court ruling.
Maybe I am being a bit overly picky about the use of "Dr" or any need to agree to describing such status, even if some of the articles and even the judge had chosen to use such a title when describing CSW in ruling against him.  Sometimes courts will go out of their way to make sure that they do not appear bias, which might partly explain the court's use of the Dr title for CSW.
i am from an Arabic origin. In Arab culture, we use some qualities that seem highly appreciated, in order to belittle a person and perhaps despise him as well. It does not mean, for example, that we might say to someone, “How smart you are,” when the meaning is to mock his stupidity. I mean, I used the adjective “doctor” as a sarcasm and not because he really deserves that adjective. I hope the idea is clear now
I wonder what the legal cassation arguments will be to invalidate the ruling after all the detailed evidence presented by the court. I also do not think that the defense team or the court overlooked or forgot any of the details. I do not understand why some people insist on clinging to allegations that have been proven false beyond a reasonable doubt.
Beyond a reasonable doubt is a criminal standard, and so far, these have not been criminal proceedings, so the standard is not as high.. The standard in this Craig Wright (CSW) would be clear and convincing or preponderance of the evidence or some variation that is not quite as high as the criminal standard.
I can understand this to some extent. But I cannot ignore that this fallacy that Dr. Wright worked to market for years has made him a global figure, and even trusted in many circles. These allegations made him one of the richest people in crypto, and there are still those who are willing to risk their savings because they believe these allegations. It is true that everything Dr. Wright did may not rise to the level of a perfect crime, but its consequences were disastrous for many people as well. There is a moral responsibility in any case.

I stick by my original statement.  Even if you might use the term Dr. as a putdown, your use of doctor to me (and probably to many others) still comes off as if you are giving CSW too much deference.. Fuck that CSW supposed Dr. twat, and stop referring to him as a Doctor, unless you make it abundantly and unambiguously clear that you are mocking him and not deferring to him..

Maybe put the doctor in quotes or say "alleged doctor" Wright.. or some other way of making it more than clear that you are not really suggesting that he is worthy of such a doctor title.

but yeah, whatever.. in the end.. do what you like, but if you refer to him as Doctor, I doubt anyone is going to believe that you are mocking him unless you make it clear that is what you are doing.
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May 31, 2024, 08:01:13 AM


Explanation
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May 31, 2024, 09:01:16 AM


Explanation
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May 31, 2024, 10:01:16 AM


Explanation
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May 31, 2024, 11:01:15 AM


Explanation
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May 31, 2024, 12:01:17 PM


Explanation
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LFC_Bitcoin
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May 31, 2024, 12:36:16 PM

Observing $68,9xx and STILL stuck in a range. This hot pot is bubbling, it’s starting to steam & it’s going to blow soon.

BREAKOUT IMMINENT !!!!!

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May 31, 2024, 01:01:14 PM


Explanation
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May 31, 2024, 02:01:15 PM


Explanation
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May 31, 2024, 02:19:25 PM

Observing $68,9xx and STILL stuck in a range. This hot pot is bubbling, it’s starting to steam & it’s going to blow soon.

BREAKOUT IMMINENT !!!!!



I agree but I don’t necessarily think it will come soon. There’s still a couple events left with downward pressure on the market, but the hurdles are rapidly clearing. Eventually the supply will be worked through and it will be off to the races. I think we’re still about 5 months away from the move to $100K, but I’m open to being wrong.
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May 31, 2024, 03:01:17 PM


Explanation
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El duderino_
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May 31, 2024, 03:03:54 PM

Observing $68,9xx and STILL stuck in a range. This hot pot is bubbling, it’s starting to steam & it’s going to blow soon.

BREAKOUT IMMINENT !!!!!



Just break out in the right direction plzzz
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May 31, 2024, 03:16:48 PM

GrEaTeST AnD BeSTeSt EConOmy EvAR !!! We ARe NoT iN A dEpREssIoN !!!   Roll Eyes   Roll Eyes

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May 31, 2024, 03:29:34 PM

GrEaTeST AnD BeSTeSt EConOmy EvAR !!! We ARe NoT iN A dEpREssIoN !!!   Roll Eyes   Roll Eyes



interesting chart, but 2008 low point is reflecting the pmi after fed rate cuts.
the 2020 low point reflects the pandemic.
the 2024 low point is pre fed rate cuts.

So maybe just maybe it switches bigly if the fed cuts rates in june.


nice find on the chart.
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May 31, 2024, 04:01:15 PM


Explanation
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May 31, 2024, 04:13:15 PM

Weekend pump

Where art thou
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May 31, 2024, 04:31:06 PM
Merited by El duderino_ (2), vapourminer (1)

Observing $68,9xx and STILL stuck in a range. This hot pot is bubbling, it’s starting to steam & it’s going to blow soon.

BREAKOUT IMMINENT !!!!!



Just break out in the right direction plzzz

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May 31, 2024, 04:37:39 PM

GrEaTeST AnD BeSTeSt EConOmy EvAR !!! We ARe NoT iN A dEpREssIoN !!!   Roll Eyes   Roll Eyes



interesting chart, but 2008 low point is reflecting the pmi after fed rate cuts.
the 2020 low point reflects the pandemic.
the 2024 low point is pre fed rate cuts.

So maybe just maybe it switches bigly if the fed cuts rates in june.


nice find on the chart.

You're not wrong, but keep in mind that the Fed was cutting rates continuously for almost 12 months prior to the big Financial Crisis crash in 2008.

So that could (and mostly likely will) happen again.

They've been artificially propping up the world economy until the presidential elections are over.
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May 31, 2024, 05:01:15 PM


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May 31, 2024, 05:16:08 PM

48 billion yen worth of bitcoin or $300 million was stolen from a Japanese bitcoin exchange (DMM Bitcoin).

Not your Key 🔑, Not your BTC

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