Quote from: Tytanowy Janusz on Today at 10:25:44 AM

Quote from: btc-room101 on Today at 10:17:05 AM

For the record, back in 2017 in this forum I said post $20k collapse, no way $6k could go back to $20k, but how in the hell did I know about COVID, or free stimmy-check, or trillions of money to corporations

So you were wrong once. You will be wrong second time. This is the first stron correction in bubble that is in the middle of its power.

All your words are just panic-building phrases.

"BTC Balance Sheets: 42 Companies Hold 1.3 Million Bitcoin Worth More Than $65 Billion"
https://news.bitcoin.com/btc-balance-sheets-42-companies-hold-1-3-million-bitcoin-worth-more-than-65-billion/

Companies hold 65 Billion, but they lost on 20% dump majority of "( I calc about $350B loss in a week )"? You see that math does not work that way? 20% of 65 billion is not 200 bilion?

BTC grows because of dozens of reasons. Not only 2 mentioned by you.

"Or horror of horrors, what if our own Federal-Reserve-Bank was already activated the plunge-protection-team to save bitcoins ass, to save MUSK, to save uncle-scam, ..."

Yea sure. To save his 1% balance, that he invested in BTC XD

Quote from: btc-room101 on Today at 10:17:05 AM

Under real world conditions BTC would have never been worth anything, had post 2008 people not lost trust in the USD or US-GOV, bitcoin would have had no traction, of course now with "GET RICH EASY", of course nobody gives a shit about this,

Under real world conditions BTC is worth 49k$ now. Because over world is real ... or we leave in simulation? But I agree that it is worth that much mostly because people does not trust governments and fiats emitted by them. But to surprise you ... its not better now than it was in 2008. Its getting more and more momentum. Thats one of reasons why bitcoin is growing. Not because of stimulus check.

Here is second one:

Quote from: Tytanowy Janusz on March 06, 2021, 07:52:03 AM

0 - printers doing brrrr to buy treasury bonds
1- this makes negative real yields on bonds (this push money down)
As of 2017, the size of the worldwide bond market (total debt outstanding) is estimated at $100.13 trillion, 100 trillion is looking for alternative
2- interest on term deposits in banks are close to zero (this push money down)
3- corporate bonds risk of not being paid is bigger than expected ROI (this push money down)
4- inflation and fear of inflation getting bigger and bigger forces people to look for assets that will protect their funds from inflation by accepting even greater and greater risk (because safe assets guarantee a real loss (expected profit - inflation))
5- this push money to real estate makes them super expensive (3-4 % real profit from renting is still not enough to cover inflation)
6- this push money deeper and deeper (stocks and dividend profits) but they are cosmically overvalued and dividends are very small
As of December 31, 2019, the total market capitalization of all stocks worldwide was approximately US$70.75 trillion. so 70 trillion is looking for alternative
7- this push money deeper into very high risk assets (bitcoin) - the profit opportunity is usually better than the loss guarantee - and bitcoin is worth only 300 bil $ so even a small fraction moved from above assets will cause huge pump here.

Thats how everything is connected. And when (or rather if) bonds will start again to give adequate, certain profits part of funds will go back will start going back to the top of the ladder. Where to hide? First of all i don't think you need a place to hide, money moves from asset to asset in cycles ... but, if you need a place to hide... the best asset that almost never go down is long life food and toilet paper

In have seen your second list many times floating around. You know the $65B is just public companys and their SEC report, the vast majority is private CORP money.

Under your logic,you really think that the other $300B came from who robinhood traders??

Today BTC is under 1Trillion, just a few weeks ago it was 1.3T, now its close to 950B, that where I get my $350B, somebody lost the money, I guess you could average out and say it was the people who bought ten years ago, but in my mind the people who lost this money are those who bout post Oct 2020, and that $350B rise didn't come from stimmy-checks, as most of that money went to alts'

https://news.bitcoin.com/btc-balance-sheets-42-companies-hold-1-3-million-bitcoin-worth-more-than-65-billion/

42 companys on public record, it doesn't mean all companys, it just means 42 that they know of

There is that number 42 again, the number that Musk spent on entry $42k, that's a critical number when BTC hits that number MUSK will spontaneously combust.

Everything is NOT connected, and if you think that if a list of 7 items that are generic connects something, then you have a serious problem in critical thinking.

So now for the third time, how do you justify your $38K support level for the BTC collapse??