0.75% rate rise

[robcguns]

Btc will easily hit a new ath, no question in my mind. Eventually btc will be worth. 1,000,000.

[Flexacon]

I agree w your first statement but Bitcoin reaching a new all time high is far from guaranteed.  There's some inherent value to it as a means to transfer/launder currency but beyond that its just another speculative financial instrument.

The heights it reached last time were fueled by hype and widespread buy-in by the public.  Now it's lost its novelty and those who've lost money on it see it as a scam. I just don't see what would drive it back up to the levels we saw before--let alone $96k.

Bitcoin has gone through several cycles of people saying this exact same thing. I was saying it myself 7 or 8 years ago. It's a is pretty well documented psychological phenomenon now.

All the big market makers like citadel, virtu and brokers like Fidelity are moving into crypto. Once btc finds the right market conditions it will hit $96k like it was nothing.

[Mayday]

$96k for bitcoin?  Lol based on what

My own calculation for BtC top was 60k this run before I discovered Twitter, YouTube and bought newsletters to supposed on chain and trading gurus. All people much smarter than me said it was higher. in December I almost got wrecked following advice and since then I do my own thing. I’d rather get nuked by my own decisions.

Anyhoo I look at 3 things which is difference from peak to peak, difference top to bottom, difference bottom to top and go from there. For round numbers and simplicity sake i use 64k as the official top and believe it’s a 1.5x.

What also supports this is the rule of zeros. Average Joe loves round numbers 10, 100, 1,000 etc. the reality is you play before it or just after it eg 95 / 105.

The only possible way you are still in profit with altcoins is if you bought in 2020.

Middle class currently getting rekt

Sold in December.

Bought SOL @ 30.2 which is $32 at the moment. Perhaps that dipped for a moment under my buy this week?
Bought HEX @ 0.0306 which is 0.032 at the moment. I think did tap under my buy yesterday.
Hedron at 0.0000021 which did a 3x and after a pullback it’s at +40%.

I could get wrecked. We could crash 50%+ from here. I’ve always been open about what I bought and prices, if I’m wrong I’m wrong. My conclusion from crypto is all that matters is the entry price so I can dump earlier than peak prices because the peak is too hard to guess.

[Thin Lizzy]

It’s all talk. Markets don’t give a fuck about anybody’s “Thesis” or their “High Conviction.”

This is the only reality:

[Mayday]

It’s all talk. Markets don’t give a fuck about anybody’s “Thesis” or their “High Conviction.”

This is the only reality:

Many possibilities. Throw half a mill in and you need conviction. I don’t think 98% know what ‘thesis’ means. It reminds me of when Crypto Twitter had people bragging they did an online autism test and scored really high therefore they must be super smart. I guess thesis is on trend like autism was lol.

The super easy point is Among a number of other things, RSI bottom was tagged in June at the level of every other major bottom in crypto. it tagged 2D, 4D, 1W, 2W, M. It has not broken trend yet however we have never had it tag the bottom level twice in quick succession. The FUD was much worse this month and Sept is a bloodbath generally as Flex has said yet we haven’t set a new low yet.

Markets will be gnarly this time because you all know the answer and majority always win right…..

[Coach is Back!]

what socialist policies has Biden enacted?  I must have missed them

Lets see..Inflation is around 8.6% as opposed to 1.4% in 2020, national average price for gas is about $4.65 and as high as $6.00 in California (this kills the middle and poor) and the fake administration is slowing new oil production and selling from our strategic reserves to other countries....communist countries, we have shortages of baby formula, personal hygiene products and fertilizer and blaming the Russian war for it, since he's taken office over 4million are crossing the Southern border with thousands crossing daily, crime is at an all time high in ALL Dem ran cities, billions going to Ukraine with pork to help pay for their "green new deal' as well as other bills that add up to billions with pork to pay their "green new deal", infringing on our 2nd amendment rights, bail reform, the racial division, the gender division, the religious division, the Stalinist tactics of the fake January 6 commission and the war on political opposition..I'll stop here but I could go on all night, as a matter of fact, let me know when you want me to stop!


Trump did plenty of socialist stuff during the pandemic, btw.. Mortgage forbearance, stimulus checks, free covid care, enhanced unemployment, pausing student loan payments, free lunches for school kids, PPP program

All that stuff was pretty popular and worked well to support US citizens during such a trying time.  Personally, i think it's good when the government provides things to its constituents

This is intellectual dishonesty as it's finest right here.

As Trumps Chief medical advisor, it was Fauci that told Trump the country should be shut down for 15 days to "flatten the curve" (Feb 2020) then if memory serves, it was extended, then extended yet again. Yes, Trump did issue stimulus checks to those in need BUT it was I believe in MARCH he told the states to start opening the economy back up to end it. He knew that any longer would be an economic disaster. At this point we were in an election year, for the most part the Blue states refused to open their economies back up and the red states started a recovery. We are a states rights country...take it from there

[Griffith]

I agree w your first statement but Bitcoin reaching a new all time high is far from guaranteed.  There's some inherent value to it as a means to transfer/launder currency but beyond that its just another speculative financial instrument.

The heights it reached last time were fueled by hype and widespread buy-in by the public.  Now it's lost its novelty and those who've lost money on it see it as a scam.  I just don't see what would drive it back up to the levels we saw before--let alone $96k.

Everytime crypto crashes or enters a bear market we hear this.

[Coach is Back!]

To my point from yesterday…btw, as of this morning we are now at negative gains in two years of this fake administration. This is done on purpose and you voted for it..

https://www.foxnews.com/media/ron-klain-slammed-description-economy-biden-inherited-hellish-conditionsperpetuated-party