Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 17/07/2024, 00:31:19 UTC
⭐ Merited by Biodom (1)
I can complete your delusional idea to clarify that from your perspective, MTGOX remains as the "final" hurdle.

It is funny (or maybe "strange" is a better word?) how someone who has been in bitcoin for so long, can get so distracted by nonsensical thoughts, and surely this MTGOX obsession is not the first nonsensical thought I have witnessed flowing out of your keyboard (if that might be the source?).
It’s pretty common sense that mtgox is the final thing keeping the market down. You’d have to have 0 background in finance to not understand that. Germany sent the market from 67 to 53. Gox will see more BTC than that hit the market. Luckily, it will be a profit taking event for Blackrock and others who have amassed a near 10 billion dollar short position (that will determine when we moon) which should ease the pain a bit. Then you have FTX billions being returned to crypto folks before the end of the year. So while I am by no means bearish, I’m not going to pretend mtgox doesn’t exist. It’s weird you and some others here do. I think it stems from a misguided belief that this thread has some sort of an effect on the market in order to feel like your words have some sort of relevance. That’s what I think is a nonsensical thought.

It appears that we have differing opinions about what are nonsensical thoughts.

Who would-a-thunk?

I could afford a cyber truck too, but I am not going to buy one.  If I were to buy an all electric truck, I probably would prefer an Ford F-150 (electrical) or maybe I would prefer a hybrid.. I am not too excited about some of the seeming pushes for all electric, and it seems that commercial airlines would not be able to fly if they were all electric, so there are some problematic aspects around all electric, including problems with real warm or real cold temperatures, too...