Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
By the way, I sent the above image to someone via text in real life, and at the time of sending the pic, I pretty much said: "You need to be more like me," and the person told me that I needed to explain the picture MOAR better because the picture does not make sense, and I refused to explain the picture. I said that the picture is self-explanatory.. and should be studied more closely in order to understand it.
One of the problems of peeps in real life.. sometimes, and in that regard, I guess I am a meanie in real life, too.. because I refuse to explain more than what is already shown in the picture.
One of the problems of peeps in real life.. sometimes, and in that regard, I guess I am a meanie in real life, too.. because I refuse to explain more than what is already shown in the picture.
hahaha i also sent this pic to someone and this was the reply :p
Yes.... Peeps can be quite easily distracted, and even triggered into the relation of various shitcoins to bitcoin, and I am not even going to deny that bitcoin does not have some relations to the various shitcoins - including that some of the public sentiment leads to actions and even the development of financial instruments/vehicles around shitcoins.... so in some sense there could be some ongoing drag upon bitcoin, but also we do see every once in a while such as early 2019 in which shitcoins get punished as fuck while bitcoin goes up.. even if there is a kind of temporary separation, those kinds of price dynamics do happen from time to time - and really don't want to call them too early.. even though currently shitcoins are getting beat up worse than bitcoin, but there could end up being a kind of market realization that some froth needs to be purged and bitcoin is not part of that froth... that would be the smart move of the market.. but the market is not always smart - whether we are talking about distraction into scamcoins, meme coins, ICOs, NFTs.. or whatever other quasi-valueless shitcoin project of the day .. that may well be eligible for a purge in the near term....... not sure if that will affect all of those easily distracted folks.. but surely some of them end up seeing the light when we get such purgenings of shitcoins/shitprojects with a simultaneous pumpening of king daddy.