Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 30/09/2022, 00:32:44 UTC
In a dilemma whether to buy or just hold the stablecoin.

Good luck with having such a dilemma.. you are going to need it.. especially if you believe this is dilemma territory rather than stacking up upon sats territory.

Any forecast for the price to go back to $17k and down to $14K?  I've speculation saying this is possible.

Yes.  There are such forecasts for the BTC price to go back down to $17k.. and also to $14k and lower, but such forecasts have non-substantial chances of being wrong, even though yes... those kinds of scenarios are possible because anything is possible, especially in bitcoinlandia.. but some things are MOAR possible than other things.. and that is why we always should be planning (and preparing) for either price direction.. especially UP, since historically it has been a quite common thesis that a lot of people have failed and refused to sufficiently and adequately prepare for UP, even though they sufficiently and adequately prepared for the other BTC price direction... that may or may not end up happening.

 Tongue Tongue

Russian Exchanges Ready to Launch International Crypto Payments, Lawmaker Reveals

The largest exchanges in Russia are ready to begin operating with cryptocurrencies right after authorities legalize cross-border settlements in crypto, according to a leading member of the Russian parliament. The stock and commodity trading platforms in Moscow and St. Petersburg are working to develop this market, the high-ranking official added.
https://news.bitcoin.com/russian-exchanges-ready-to-launch-international-crypto-payments-lawmaker-reveals/
Traders are also waiting for the green candles. Stock and commodity trading platforms of Russia adopting crypto, should also signal its time for all other countries to do the same. I heard Putin was also planning to use BTC for international payments for gas. It will bring more macro investors in countries to have access to crypto.

Cannot disagree here.  Bitcoin is always growing and finding new use cases, even while at the same time some folks are wanting to bet against such ongoing growth in various bitcoin network effects - and the network effect that has to do with international and even larger scale settlements is a pretty powerful and ongoingly growing one in bitcoinlandia.