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Kavana (OP)
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November 22, 2024, 02:34:48 PM
Last edit: February 04, 2025, 12:16:28 PM by Kavana
Merited by JaanusRaim (1)
 #1

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Don Pedro Dinero
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November 22, 2024, 02:47:11 PM
 #2

Do you have anything to back up what you say, other than that you think so and that's it? It sounds to me rather like a futuristic prediction based on your intuition that is about as reliable as if you had consulted the tarot cards.

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November 22, 2024, 03:26:32 PM
 #3

Do you have anything to back up what you say, other than that you think so and that's it? It sounds to me rather like a futuristic prediction based on your intuition that is about as reliable as if you had consulted the tarot cards.
We all know the world has been in an economic crisis right after the covid -19, but to say that the recession in the UK led to depression sounds somewhat out of imagination and wishful expectations, he has no link and nothing to back up any claims other than just making them and if I were you, you shouldn't take such statement serious because most of all ops that make such statement are mostly newbies who just want to create topics but don't know the proper way to go about formulating their topics.


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Kavana (OP)
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November 22, 2024, 05:46:49 PM
 #4

Do you have anything to back up what you say, other than that you think so and that's it? It sounds to me rather like a futuristic prediction based on your intuition that is about as reliable as if you had consulted the tarot cards.
We all know the world has been in an economic crisis right after the covid -19, but to say that the recession in the UK led to depression sounds somewhat out of imagination and wishful expectations, he has no link and nothing to back up any claims other than just making them and if I were you, you shouldn't take such statement serious because most of all ops that make such statement are mostly newbies who just want to create topics but don't know the proper way to go about formulating their topics.

I'm not talking about UK specifically. And I'm certainly not wishful for a depression which will cascade into a full blown war.
Stalker22
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November 22, 2024, 10:03:58 PM
 #5

I do. But I don't feel compelled to list them. However, I understand your concern and I too would be skeptical.

Well, thats a pretty bleak prediction about Europe's future.  You sound like you think its all gonna implode.  Makes me wonder if you know some stuff the rest of us dont. Do you mind sharing?

Now on this common economic policy business - the EUs been after tighter economic ties for decades now and  and yeah, its worked out good for some countries on trade and jobs and all.  But whether that brings the whole kit and caboodle together? Thats another story.  Maybe the EU bureaucrats wanna get all unified but what works in Brussels doesnt always fly on Main Street, know what I mean?

Anyway, I dont claim to have a crystal ball on this stuff.  But seems like you got some strong opinions on where Europe's headed.

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OgNasty
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November 23, 2024, 02:59:23 AM
 #6

Bold statement to make around these parts. I’m not sure I agree in the longer term but it wouldn’t shock me if we saw a pullback here. I still believe in the 4-year cycle being the most important factor in Bitcoin’s price, and that says we have a year until the top. Maybe you’re a little early with your crisis call.

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November 23, 2024, 04:52:01 AM
 #7

so 99.8k was it?

i guess i will need to sell all I got while we are at 98

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November 23, 2024, 07:22:56 AM
 #8

Summary:
Here is the top on Bitcoin. Europe will have a massive recession that might (will most likely) spiral into a depression. It will be dubbed something like the Eurocrisis. Celebrating its anniversary. The purpose of which is to unite (enslave) the EEC under a common economic policy.

Goodluck!

You are kinda late though, Europe has been in recession for years, ever since it's open it's border once again after the covid-19 lockdown. And now that they their own war inside their country with food shortage and everything that make a country collapse. So they are in the survival mode already and there are countries that are in the support of war in the Middle East and Russia vs Ukraine.

But as far as the top price of Bitcoin, (if this is the one that you are referring to), this is just the beginning for us. We haven't seen officially $100k so don't be a spoiler. Bitcoin will continue to go on another parabolic rise next year and I don't know how it will affect our Bitcoin enthusiast in Europe.

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Yaunfitda
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November 23, 2024, 10:22:58 AM
 #9

so 99.8k was it?

i guess i will need to sell all I got while we are at 98
Yeah, I remember your staggered sell off or strategy to make profits in the market right now. And then when we reach $100k, there could be another batch that are going to sell to make profits for themselves and there is nothing wrong with it.

Summary:
Here is the top on Bitcoin. Europe will have a massive recession that might (will most likely) spiral into a depression. It will be dubbed something like the Eurocrisis. Celebrating its anniversary. The purpose of which is to unite (enslave) the EEC under a common economic policy.
Eurocrisis? Just now, Lol, we have seen the worst during the pandemic as Europe border were close for many years. And I don't think that there will be a common economic policy. Each one of them are still very independent from each other and perhaps there will be no single formula to solved each countries financial woes, in my opinion. And leadership are also very different that I do not think that they will agree in one single policy.

 
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d5000
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November 26, 2024, 12:36:06 AM
 #10

Even if your weird prediction was true, the future of Bitcoin doesn't depend on the evolution of the economy in Europe. Not even in the US. US market is one of the most saturated ones with about 15-20% crypto owners, Europe lags a bit behind with less than 10%, but it's the rest of the world where adoption will be key to the Bitcoin price evolution in the future.

You should rather listen to news, even the most subtle ones, in China and India. And other populous regions in the rest of the world. For me, the most important news in 2024 weren't the ETFs in the US but those in Hong Kong, while they weren't traded very actively (because they are only available to HK's population) they hint about a relaxing of China's Bitcoin regulation. They may experiment some time more however in their Special Administrative Regions, so one has to be patient.

I suspect where the OP could come from though ...

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before January 1st 2027?

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Kavana (OP)
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November 26, 2024, 01:30:40 AM
Last edit: February 04, 2025, 12:15:37 PM by Kavana
 #11

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November 26, 2024, 04:26:30 AM
 #12

Of course there's the 2014 annexation of the Crimea by Russia and the escalation 8 years later to invade Ukraine which is the spark to ignite WW3. 2029 kicks off the full scale battle and war. At which point USA might fully withdraw from NATO and leave EU to their own as they'll be spread thin. China will then definitely seek to expand in Asia. And I give credit that this call might be a little in the middle- or after fact.
However, I have done the math and I have become increasingly confident in my prediction.
Good but why 2029 specifically? What calculations have you made that make you confident that a large-scale battle or WW3 will break out in 2029 specifically? Why not before that, for example?

You seem confident in your predictions so do you base your calculations on realistic economic and geopolitical analyses or do you rely on astronomy and the stars to read the future?


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November 26, 2024, 04:31:06 AM
 #13

Summary:
Here is the top on Bitcoin. Europe will have a massive recession that might (will most likely) spiral into a depression. It will be dubbed something like the Eurocrisis. Celebrating its anniversary. The purpose of which is to unite (enslave) the EEC under a common economic policy.

Goodluck!




mad genius we dropped from 99.3k as low as 92.5k   the only question is how low do,we go.

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November 26, 2024, 06:56:57 AM
 #14

Summary:
Here is the top on Bitcoin. Europe will have a massive recession that might (will most likely) spiral into a depression. It will be dubbed something like the Eurocrisis. Celebrating its anniversary. The purpose of which is to unite (enslave) the EEC under a common economic policy.

Goodluck!


Firstly Europe is in recession for the last 10 years or so if you adjust GDP growth by real inflation and exclude some countries that do much better than others.

Secondly its not 2008 anymore. Recession means printers go brr brr brr and because of that, even if its the bitcoin top in real terms, its not in nominal.

German stock market prices during hyperinflation:



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November 26, 2024, 08:38:39 AM
 #15

Although Europe is facing a lot of economic issues, including a static economic in Germany and high levels of debt, I suppose the worst thing are more toward a shallow recession than a depression. The European Central Bank is expected to pivot with an ease in monetary policy to steady the economy. Also based on the past experience, a strong recovery in Bitcoin is likely to happened driven by post-halving effect and growing institutional interest. The scenario is nowhere near as dramatic as portrayed by OP because recoveries of economies and Bitcoin's long term uptrend graph tend to surprise negative predictions time and again.

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November 26, 2024, 06:44:31 PM
 #16

Summary:
Here is the top on Bitcoin. Europe will have a massive recession that might (will most likely) spiral into a depression. It will be dubbed something like the Eurocrisis. Celebrating its anniversary. The purpose of which is to unite (enslave) the EEC under a common economic policy.

Goodluck!




This is not a speculation based on technical/fundamental analysis, but rather a baseless prediction. Much like one would expect from a phone psychic.

Do you have any kind of data to back this prediction up or are you just hoping that all the pieces fall into place, somehow?

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November 27, 2024, 09:28:02 PM
 #17

Absolutely not, not even close. I welcome anyone who thinks the top is in to just sell their coins, we welcome it because it's cheap coins that we buy and then we can wait for it to increase and should be doing better later on. If you think the price won't go any higher, then you could end up with something much bigger and better later on when we hold it and all the people who sold will regret their decision later on.

I am not saying that this should be a simple move, of course it takes time but we need to make sure that we know what we are dealing with, otherwise it won't be that simple and it will have plenty of issues as well. This is one of those situations, and I believe we are going to go up a lot more, possibly 2x more as well.

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November 29, 2024, 11:49:31 PM
 #18

ECB has QE and easy money monetary policy like alot of places.  Its not currently sensible to rate euro over BTC.   So is similar with many currencies, some of which are the largest most used globally like YEN.

Under these circumstances until QE is abolished and ideally reversed, debt is repaid and fiscal surplus is the policy not constant deficit spending populism we should not imagine the world will easily suspend the long term progress of BTC.  
  There are many other useful assets greater then debt based currency to a private population who wish to retain their wages overnight while they sleep not lose their savings to political failure through no fault of their own.


If you mean short term reasoning I would also disagree but short term should probably state with reference to chart patterns, volume or some better detail.

 
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November 30, 2024, 08:28:25 AM
 #19

Summary:
Here is the top on Bitcoin. Europe will have a massive recession that might (will most likely) spiral into a depression. It will be dubbed something like the Eurocrisis. Celebrating its anniversary. The purpose of which is to unite (enslave) the EEC under a common economic policy.

Goodluck!




mad genius we dropped from 99.3k as low as 92.5k   the only question is how low do,we go.

No worries, we have bounce back to $96k-$97, so mad genius speculation has been invalidated already, and that is the good thing. And just like the rest of us here, I do not think that the top in is, I mean we haven't officially touch $100k so why the rush?

And I really don't know why there are still bears in the market right now. Why not just enjoy the ride that we are seeing. let's get first to $100k and then see how it goes in 2026. Let's just talk about bearish trend in 2026, but not for now.

EU could be the biggest investors for all we know as they want to take advantage of Bitcoin.


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November 30, 2024, 01:33:35 PM
 #20

There has been continuous rumours about possible upcoming recession in USA and EU regions for more than last 2 years but on the same time period of time, bitcoin recovered from below $20k level and peaked up to $99k level. So, the fear about upcoming economic slow down is not new any more; it has been persisting since pandemic. Moreover, regardless of Ukraine and Israel war tensions and low crude prices, most countries are doing good economically and bitcoin market as well.

So, the argument about bitcoin is right now trading near its top is not making any sense. We are about to enter the full-fledged bullish cycle or we can assume that we are at the beginning of bullish cycle which may last for next 12 months. 2025 January with Trump government will surprise all of us for sure. Who knows, top for current cycle of bitcoin market may arrive even by mid of 2026 as well; a longer bullish trend than ever; (bcoz always expect the unexpected).

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