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August 02, 2024, 12:34:36 PM *
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Question: When will BTC get back above $70K:
7/14 - 0 (0%)
7/21 - 1 (1.4%)
7/28 - 11 (15.7%)
8/4 - 15 (21.4%)
8/11 - 7 (10%)
8/18 - 4 (5.7%)
8/25 - 3 (4.3%)
After August - 29 (41.4%)
Total Voters: 70

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26428310 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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July 08, 2024, 02:01:14 AM


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philipma1957
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July 08, 2024, 02:20:36 AM

fed is flexing muscle.

next adjustment is july 31.

some say they will raise .25

btc is going to stay soft until after november
Biodom
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July 08, 2024, 02:40:20 AM

fed is flexing muscle.

next adjustment is july 31.

some say they will raise .25

btc is going to stay soft until after november

maybe, maybe not.
is Powell 'screwing' Biden/dems?
I remember how he was told not to pussyfoot around by Trump.
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July 08, 2024, 03:01:16 AM


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ChartBuddy
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ChartBuddy
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July 08, 2024, 08:01:14 AM


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Zeunerts
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July 08, 2024, 08:38:37 AM

Enough buddy. New week - new lows?! Or what is everyones expectations?
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July 08, 2024, 08:43:45 AM
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July 08, 2024, 08:57:12 AM
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For perspective, it's more or less $2.5M
BitcoinBunny
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July 08, 2024, 09:00:11 AM
Merited by JayJuanGee (1)

fed is flexing muscle.

next adjustment is july 31.

some say they will raise .25

btc is going to stay soft until after november

I disagree, I think interest rates already hit a high.

Much of the economies aren't doing well in the west from what I can deduce.

The NVidia (and bum buddy associates) boom just seems to be a bubble that doesn't really help the average Joe.

AI (= really machine learning utilising fast search with clever database indexing) is overrated.

Beyond the stupid question and answer stuff,
most AI projects just seem to be demos that no one needs like typing in some words and getting them to sound like a warbled Ariana Grande.

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July 08, 2024, 09:01:16 AM


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Zeunerts
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July 08, 2024, 09:03:39 AM



For perspective, it's more or less $2.5M

Well aware. But still interesting, they keep buying. More companies will follow.
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July 08, 2024, 09:04:00 AM
Merited by El duderino_ (1)

My life is now complete.

Damn is it complete
Whiteout 100 k price matching
A single bitcoin?

Numbers are infinite. One can never be complete chasing them.

Unless chasing them is what makes you complete.

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July 08, 2024, 09:57:18 AM


For perspective, it's more or less $2.5M
Well aware. But still interesting, they keep buying. More companies will follow.

There is no doubt that many companies will buy BTC (many have bought it a long time ago), but not because some Japanese company is doing it - because realistically they have long ceased to be a country you can trust or look up to. They have the largest public debt in the world, and it took even 10 years for them to start solving the Mt.Gox case.
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July 08, 2024, 10:01:15 AM


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d_eddie
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July 08, 2024, 10:21:01 AM
Merited by JayJuanGee (1)


For perspective, it's more or less $2.5M
Well aware. But still interesting, they keep buying. More companies will follow.

There is no doubt that many companies will buy BTC (many have bought it a long time ago), but not because some Japanese company is doing it - because realistically they have long ceased to be a country you can trust or look up to. They have the largest public debt in the world, and it took even 10 years for them to start solving the Mt.Gox case.

Over 20 years of deflation, fought by BOJ with nonstandard policies on the interest rate front. Yield curve control adopted only in 2016. There's a widespread sweatshop mentality, even for legitimate citizens. I'm not talking about the "good" (western) immigrants with qualified jobs. I'm not even mentioning the Asian slaves working for peanuts. Japan needs to come to terms with its new reality, but I doubt they have. Denial runs strong.
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July 08, 2024, 10:37:19 AM
Merited by JayJuanGee (1)


For perspective, it's more or less $2.5M
Well aware. But still interesting, they keep buying. More companies will follow.

There is no doubt that many companies will buy BTC (many have bought it a long time ago), but not because some Japanese company is doing it - because realistically they have long ceased to be a country you can trust or look up to. They have the largest public debt in the world, and it took even 10 years for them to start solving the Mt.Gox case.
It's a bit harsh to generalize like that. I show an tweet about a single company (once again) buying bitcoin, and you bring the entire country into the equation. Nowhere do I say that Japan is a good country or a role model in any way. Just wanted something positive after all the bloodbath. There are other bigger companies and/or better role models that are buying bitcoins as well.
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