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Author Topic: BTC Pumping After The Arrest of Sam  (Read 331 times)
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January 24, 2023, 11:33:57 PM
 #41

I don't think the Arrest of Sam has anything to do with this.
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January 25, 2023, 02:04:49 PM
 #42

I don't think the Arrest of Sam has anything to do with this.

Right, bitcoin marketcap is currently around $450 billion and I'm sure it's very difficult for anyone or company to be able to pump or dump, some time ago a lot of people got their hopes up with elon musk but when they sell bitcoin market stock it doesn't drop significantly, or vice versa when he plans to buy bitcoin but the market is not really responding and this is a testament to the power of decentralization.
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January 25, 2023, 11:36:26 PM
 #43

Its news parallel, correlation not causation or something along those lines.   The way it could be phrased is exhaustion, theres only so many idiot scenarios to fuel the negative jet engines.  When they die, we stall in that momentum downwards.  It really does not mean we now have to go upwards and all is well, we can react upwards and that move too can sell after some period.
   Sam is not part of BTC is how I view it, I know he is in this universe but really its not enough to be important for BTC every day doing what its done for ten years; does he matter in that context no its just another sideshow.

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January 25, 2023, 11:47:23 PM
 #44

I don't think the Arrest of Sam has anything to do with this.

Right, bitcoin marketcap is currently around $450 billion and I'm sure it's very difficult for anyone or company to be able to pump or dump, some time ago a lot of people got their hopes up with elon musk but when they sell bitcoin market stock it doesn't drop significantly, or vice versa when he plans to buy bitcoin but the market is not really responding and this is a testament to the power of decentralization.
Its all random imho and there's no way that we could really tell that these fundamentals are precisely affecting Bitcoins price in some point.We could make out some assumptions that it is really that relevant but there

are times which its been mostly ignored and the price could move up independently without basing or relying on what are the current market issues and events that we could look upon.This is what makes things even
more harder for us to guess and predict on on what would be the next thing to happen.We've seen lots of issues and other huge events neither positive or negative ones
but not all the times they would really be making that effect.

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