Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
AT this particular moment, it is hard to argue with that kind of a scenario... .. but now that you wrote it down, it is NOT likely to happen..
You shouldn't have said anything.
I am considering that we might well be in a period that might be close to bottom for fiat-related bullshit.. .. so in essence fiat is largely sideways. and bitcoin does not necessarily do bad in "fiat sideways" kinds of scenarios... so "fiat sideways" bitcoin trickling up and trickling up.. and if bitcoin trickles up too much, then that becomes problematic for no coiners, low coiners and bitcoin naysayers.. because value ends up gravitating in bitcoin's direction.. so higher levels of desperation, attacks and battles against bitcoin could be part of the messy short term.. .. but the word is still getting out.. seems to me... trickle, trickle trickle.. starts to add up after a while.. no?
We can agree on this above. You shouldn't have said anything.
I am considering that we might well be in a period that might be close to bottom for fiat-related bullshit.. .. so in essence fiat is largely sideways. and bitcoin does not necessarily do bad in "fiat sideways" kinds of scenarios... so "fiat sideways" bitcoin trickling up and trickling up.. and if bitcoin trickles up too much, then that becomes problematic for no coiners, low coiners and bitcoin naysayers.. because value ends up gravitating in bitcoin's direction.. so higher levels of desperation, attacks and battles against bitcoin could be part of the messy short term.. .. but the word is still getting out.. seems to me... trickle, trickle trickle.. starts to add up after a while.. no?
Thus A new era for BTC could be its: a boring sideways asset linked to silver, gold and stocks.
Yeah, but we do not agree.. especially the way that you phrased the matter.
Merely if something (such as bitcoin) happens to go sideways and/or perform the same as the various other asset classes does not cause them to be correlated (or linked), even if they might have a short period of doing the same thing... and furthermore, there is nuance in terms of looking at why they might be performing similarly on a short term basis, but might not even capture any kind of essence of what is going on or even any kind of ability to predict what they might do, even if we might consider that the odds are good (or maybe the most likely scenario.. not even sure about that) that they all could possibly go sideways together and at the same time and even for several months.
Yet another toy for the wealthy to play with as they make their pile of wealth get bigger.
I agree with you on this part. There are going to be ways in which bitcoin is manipulated and even tried to be manipulated, and some wealthy people will figure it out better than others, and at the same time, some not very wealthy people are likely going to prosper from bitcoin too.. just like a lot of normies have already profited from bitcoin as the largest wealth transfer in history continues to take place, whether some people recognize it or not.. and whether some people figure out how to allocate for themselves in profitable ways or not. Wealth transfer is not going to come without any battles and without casualties... and some of those casualties will come from folks that we might not have expected.. .. surely some of the "rich folks" had gotten caught up in the FTX shenanigans (pension plans, right?), and likely in the future, some governments are going to get caught on the wrong side of some of the future battles, too.
Well, that's a shame.
what fellow bot?
I will bite.
What is the referred-to "shame"?
I don't believe that uie-pooie will be giving up so easily.
