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Author Topic: Fed To decide the future of assets purchasing 14th December  (Read 203 times)
Wiwo (OP)
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December 14, 2021, 03:02:13 PM
 #1

So many Bitcoin traders are now lineup waiting to see the information that will be conveyed by the fed on the 14th of December 2021 as many analysts have predicted could see its last day of a downside,
The fed will give updated information on asset purchases a form of quantitative easing for both Bitcoin and other traditional assets.
Data from Bitfinex show traders are lining up and set to buy the news as buy orders on the exchange are in high volume waiting for the big news.
https://cointelegraph.com/news/bitcoin-price-dip-may-end-wednesday-as-bitfinex-bids-hint-at-fed-buy-the-news-plans
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December 14, 2021, 05:41:05 PM
 #2

This may not make much difference on the market as the fed decisions may have little to no effects on decentralized assets such as Bitcoin, all assets on the global market are currently down and it may take more than just a Fed decision to make a great mark.

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December 14, 2021, 08:44:17 PM
 #3



Will this news be an influencing factor to prop up the price of Bitcoin upwards? I am not also sure of that not unless I can be shown some historical precedents, maybe. Now, the same good news can be affecting traditional investment vehicles, maybe. But then again, if this is what the crypto market has been looking for for it to bounce back, so be it and I would be welcoming it. Let's see if there can be some changes today...at least we need some green color away from the prevailing red the past few days in the crypto market.

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December 14, 2021, 09:12:12 PM
 #4

I do not think some buy orders on a a single exchange is enough to be news worthy or does it need to have anything to do with some upcoming FED conference. This seems like a pretty cheap way to push out some articles while trying to use the Bitcoin community to gain traffic.

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December 14, 2021, 09:25:55 PM
 #5

any news can push prices if enough influence is there. but news(speculation) is just temporary.
it might cause a spike to cause a new ATH, but it wont sustain it.

so dont expect this news to support a reason for a new 'step' of value to be attained at a higher level. expect a pump and dump instead

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December 14, 2021, 10:20:25 PM
 #6

This may not make much difference on the market as the fed decisions may have little to no effects on decentralized assets such as Bitcoin, all assets on the global market are currently down and it may take more than just a Fed decision to make a great mark.
Exertly my thoughts, also the FEDS sounds like generalizing, maybe it's the feds in your country which if am to Guess it's the U.S. but from records decisions from the Chinese Government affects crypto-currency more than that of the U.S. regardless no matter the decisions any Fed from what ever country takes it won't break the backbone of Bitcoin adoption generally.

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December 14, 2021, 10:33:41 PM
 #7

This may not make much difference on the market as the fed decisions may have little to no effects on decentralized assets such as Bitcoin, all assets on the global market are currently down and it may take more than just a Fed decision to make a great mark.

But somehow, it does. I don't know why but a lot of crypto traders have been talking and looking forward to 14th December date like the FEDs meeting is a significant event to be taken seriously. I haven't been able to figure out how the report relates to crypto. Anyway, the day is almost over and not much has been happened thus far.

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December 14, 2021, 10:46:44 PM
 #8

what you also find is the 2 main factors that cause the 2 main spikes of bitcoin ATH in the last 5 years

1. segwit activation.
alot of bitcoin merchants and businesses related/affiliated to greyscale went on a buying spree late 2017, some of that buy up was to pay it forward to devs as a contract bonus for getting the feature the greyscale group of companies wanted activated

2. taproot activation
alot of bitcoin merchants and businesses related/affiliated to greyscale went on a buying spree nov 2021, some of that buy up was to pay it forward to devs as a contract bonus for getting the feature the greyscale group of companies wanted activated

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December 14, 2021, 10:49:39 PM
 #9

This may not make much difference on the market as the fed decisions may have little to no effects on decentralized assets such as Bitcoin, all assets on the global market are currently down and it may take more than just a Fed decision to make a great mark.
See, one thing we are suppose to understand is that bitcoin is a decentralized currency and it can't be manipulate by any means, i know vividly that many people doesn't want believe the set backs of bitcoin recently in price, let us not to panic because the downstream of bitcoin is worldwide, i always give this reference that what actually causes the development of bitcoin and down ward of bitcoin is determine by the gravity of the demand and supply, if the demand is higher than the supply their is every tendency that the coin will increase, so let us relax and not to follow people kinds of mentality.

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December 15, 2021, 04:33:35 AM
 #10

This may not make much difference on the market as the fed decisions may have little to no effects on decentralized assets such as Bitcoin, all assets on the global market are currently down and it may take more than just a Fed decision to make a great mark.
See, one thing we are suppose to understand is that bitcoin is a decentralized currency and it can't be manipulate by any means, i know vividly that many people doesn't want believe the set backs of bitcoin recently in price, let us not to panic because the downstream of bitcoin is worldwide, i always give this reference that what actually causes the development of bitcoin and down ward of bitcoin is determine by the gravity of the demand and supply, if the demand is higher than the supply their is every tendency that the coin will increase, so let us relax and not to follow people kinds of mentality.
To some extent you are right, the demand or supply of any commodity is what controls its price movement, but in recent days the demand for Bitcoin increased that can be seen from the amount of hash rate by miners but still its price keeps moving backward this leads me to say the old ideology of demand and supply does not work all the time.

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December 15, 2021, 06:44:58 AM
 #11

That's a problem traders have. This kind of short-term news can drive the price up or down. And in this case you know in advance that there is an event that is going to affect the price but sometimes unexpected events occur that affect it as well.

That's why I prefer to invest for the long term, doing DCA and that kind of news doesn't affect me.


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December 15, 2021, 07:32:31 AM
 #12

That's why I prefer to invest for the long term, doing DCA and that kind of news doesn't affect me.

DCA is ok if your hoarding for retirement. a 10 year-40 year plan is good to just invest monthly at whatever that days price is, because yes in 10-40 years all of the first year-decade purchases will be less than the final year-decade prices.

but instead of the long term 10x-1000x projected profits. some investors prefer more short term goals. where buying at the right spot in the beginning helps the profits at the end spot.. after all just a 1-4 year investment can be a loss, as history has shown if you buy at the wrong time.

take for instance the 2013 $1200 peak.. it then corrected and stayed down for years before breaking the $1200 barrier again in 2017.
that 2017 $20k spike. then dipped again and took a couple years to break that barrier again.

so DCA doesnt always work if you are only looking for a 1-4 year investment and not planning to only "buy the dips"

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Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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December 15, 2021, 09:50:51 AM
 #13

A day has passed and there's not that much effect for that news. Usually, traders really are setting their buy orders at all times. So if good or bad news comes, they're already prepared for it and they just have to wait and watch until their set orders are filled.

Well, a tweet of a guy is more effective for these traders that are driving the prices up and down depending on his mood swing. But it's still happening, a news can really drive the market up if it's such a good news.



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December 15, 2021, 10:27:35 AM
 #14

If you are hodlers, you will wait for such news and negative period to accumulate more discount Bitcoin. Hodlers usually don't buy at top and they have good experience and patience to wait for dips that often trigger by bad news like what we are witnessing recent days.

How many FUDs have we had in history of Bitcoin since 2009? Has Bitcoin been killed because of FUD? No, so far and forever.

I am Bitcoin enthusiasts and my vote goes to No.

DCA: https://dcabtc.com/

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December 15, 2021, 10:43:54 AM
 #15

Pointless speculation if you ask me. I agree with the others about this sort of news not impacting the cryptocurrency market in a big way due to the FED being centralised authorities which says a lot.

BTC and the rest of the market will enter a bullish phase once again after a flurry of positive news(Positive celebrity tweets, approvals from top authorities etc) most probably in the near future.

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December 15, 2021, 10:49:49 AM
 #16

So many Bitcoin traders are now lineup waiting to see the information that will be conveyed by the fed
It's such a sad commentary of people who haven't even understood what the hell they were buying. They are waiting for a centralized corrupt government agency to tell them what to do instead of dumping their ever inflating fiat for the only decentralized currency in existence.

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December 15, 2021, 10:50:10 AM
 #17

So many Bitcoin traders are now lineup waiting to see the information that will be conveyed by the fed on the 14th of December 2021 as many analysts have predicted could see its last day of a downside,
The fed will give updated information on asset purchases a form of quantitative easing for both Bitcoin and other traditional assets.
Data from Bitfinex show traders are lining up and set to buy the news as buy orders on the exchange are in high volume waiting for the big news.
https://cointelegraph.com/news/bitcoin-price-dip-may-end-wednesday-as-bitfinex-bids-hint-at-fed-buy-the-news-plans

Today is 15th of December and i don't see any significant rise in the bitcoin prices. Bitcoin is around 48,000$ and it seems 50,000$ to be a big resistance for bitcoin and even the Fed decision on asset purchasing won't have any positive impact on the bitcoin prices.
By the way the decision of FED should not be a considering point for bitcoin price movement.
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December 15, 2021, 10:53:31 AM
 #18

I never see how it gives an effect on the market, we're still not moving far as people think. The news wasn't big enough to push the market to pump and less likely it creates manipulations. Well, have to expect more useless news towards crypto, and also people will not consider it as a way out to make an investment or not.

People will make a buy at their preferred price even without this news. No more FUDs, fake news, and etc...ain't seeing this to have a market effect anymore, at least we learn our past.

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December 15, 2021, 11:47:23 AM
 #19

As far as I know, the Fed will make a final decision today, in a few hours if I'm correct.  It is very easy for news traders to get their hands on Rekt if misused of that, although I also hope a decision makes sense given the pervasive inflation problem.  Of course, volatility should not set expectations instead of ultimate meaning.
Essentially, it's been juggled both for equities as the severity raises the question mark of resilience.
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December 15, 2021, 02:35:14 PM
 #20

Anything could happen and may be a win for both crypto market and traditional market. Well, am still holding my position, any more green will see me take some profit from current position and buy any further correction during this festive period. Fingers are crossed.
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