Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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Holy fuck you must be my wife, taking one thing and turning it into a fucking paragraph of shit I didn't say.
I like it, except surely your failure/refusal to disclaim with #nohomo must have been an oversight.
By the way, you know that we are on a public thread, so whether you said it or not, good enough for govt. work. woops.
What I said again is I currently don't see crypto (all the fucking cryptos, because guess what this isn't just me or my point of view but all investors and some see altcoins as replacements of store of value) currently in a position that it limits precious metal price.
Well.. sounds a bit premature to be reaching such a conclusion.
Like I already mentioned, if various PMs are being used outside of storage of value or even financial instruments, then bitcoin (no need to talk about other cryptos in this thread because they are not important and they are not relevant) would not be in a position to replace those other kinds of values whether it be industrial use or jewlery or things like that.
That's all I'm saying, no need to try and force anything else out of it that's not there.
I am glad that you got that off your chest.
Can we go back to being buddies, now?
Tldr; I don't think Bitcoin or any altcoins market is holding down the price of precious metals regardless of how I feel about them.
Sounds like a premature assessment to me.
I would suggest if whatever PMs are not being used as a store of value or financial instrument, then bitcoin would not have too much affect on their prices, but we know that various PMs are being used as financial instruments and stores of value.. so sounds to me that you are wrong if you believe that bitcoin superiority in that regard is NOT going to have any effect on PMs being used in similar ways but inferiorities... .. believe what you will in that regard.. time will continue to tell.. just as it already has told part of the story, but you seem to be wanting to see what you want, apart from the seeming relevant facts.
31100 -> 37500 (+6400) in 24 hours, not bad.
Another leg down is setting up right now. The bitcoin price won't be able to sustain itself above $35k for 10 consecutive days.
Great challenge proudhon...
I like your transition into something a bit more funzies... better than your usual repetitive and boring Debbie DOWNsies proclamations.
Ready, set, go.
.5 days down, 9.5 days to go.
Philip 1957 loves this kind of counting.