Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
OgNasty
on 13/08/2024, 18:06:14 UTC
Guys, we got passed EmptyGox without barely an abrasion. It has been hanging over the market for 10+ years and I have lost count how many times some Gox FUD has hammered the price down during the decade. That page has turned now, forever. Hugely bullish.

LOL. You “gox didn’t matter” people are so delusional. The price went from $73K to $49K during the most bullish inflow period in Bitcoin’s history in expectation of the event and now we’re still 20% off the high as the market tries to work through what is happening and those who stepped up to save the market at $49K are able to liquidate and take profit. If it wasn’t for gox we’d be 50% higher right now and when they’re done with the distributions we’re going to take off. No point in pretending the market shrugged it off.

That's credibility damaging levels of disingenuous given that you know that fall happened in tandem with the biggest stock market sell-off in not-even-very-recent history with a very rapid recovery.

What? Now the cope has turned into Bitcoin following the stock market? Is it just that you don’t want to admit you’re wrong or do you really misunderstand the Bitcoin market so much that you think what just happened was due to the stock market? I guess your post answers that question, but you couldn’t possibly be more wrong with your analysis, whether you acknowledge it or not.