anyway everything down in crypto...particularly the challengers ETH, sol, xrp...quite a red sea..

https://nitter.net/pic/orig/media%2FG1uBkdrXUAAVXhm.jpg

What's that bearish nonsense?
$110 all down through to $108.5k has tons of liquidity for the market. This is obviously the target zone bears stubbornly try to hit.
On the other hand, there's tomorrow's expiry of CME futures at $117.4k , which i am curious about if "the gap" will be closed. It's not guaranteed, and it's a nice way to make money and/or get cheaper corn for market makers.
Bitcoin is being fucked by derivatives, but that doesn't change any of the fundamentals. Stay on the sideline (hodl) and buy when you can.

EDIT: And the other thing is, as long as there is no retail, the chance of heavy corrections (retailer's wording = "crashes") is low. It's a different market now, and that what i tried do say yesterday was already nailed by @Searing earlier today (and the other WO with whom he discussed this topic, whose name i can't remember right now).

again, IMHO if you have a recession companies who have gotten coins on the cheap will sell downward to keep their stock up imho...and lock in profits and of course their jobs

on those who play with stocks and btc/crypto for the company. Anything above 5% in a tanking start of a recession is golden. Great the Corporations are getting into

btc/crypto...but remember what goes into a corporation eventually gets sold to save the almighty stock ..as that is what determines right or wrong for direction today

perception is everything. So pretty sure with 24/7 selling ...btc will be the canary in the gold mine and get flushed first. Blackrock having a 'notion' about 1/2 a decade...now

HODL'ing is a fantasy indeed. Now btc/crypto WILL do much better then bonds in such a recession view..along with land and gold....but like land and btc/crypto it will

likely do much better then 4-5% bonds in the USA....and come back. But the 24/7 panic selling on above with 'Corp Think' will bite the price in the ass at any downturn.

Remember, I know squat and and am typing here on bitcointalk...but how it seems to me. Also a 'recession' is coming, I've seen the signs and gone thru 4 or more. So

prepare folks.

"They" frequently try to control the price and try to act like they are in control of the price, yet I doubt that bitcoin is as easy to manipulate as "they" would like us to believe that it is, and if "they" get caught on the wrong side of certain trades, "they" are still going to suffer greatly for such (even though surely BIGGER) players are going to be hedged to win no matter what, but they still have abilities to fuck up from time to time.^**

**I feel a bit like a wakko in my above response.

What would it look like if there WERE paper bitcoin at this point...

Anyone up to date with what Caitlyn whasserface is saying?

Yeah, I'm starting to get concerned. Bitcoin is incredibly weak this year, not what I expected at all. Many of us are lucky we got in early and have managed to retire, make a great life via Bitcoin.

The current performance is doing nothing to attract newbies to the space though. Stocks and Gold making all time highs every second or third day. You can even get dividends with stocks. Bitcoin pretty much flat all year, floating around sideways/downwards.

September is the worst month for Bitcoin historically and Q4 in a bull run year (are we even in one) is supposed to be where the real gains come. Let’s hope Q4 treats us well, let’s just survive September and see where the last months of the year take us. I am not impressed though to be honest.

Or the thought that there are always be much more $$ (or whatever is your country currency) printed.

Bitcoin has come a long way...here is to another 16, then another.
...sometimes I worry about the corruption of the main idea(s), but so far whatever the game theory predicted has played out more or less how it was envisioned (albeit, maybe a bit slower).

Imho, it remains to be seen how Treasury companies would play out in bitcoin. We will probably see at least two other large treasury companies joining the fray (among the public companies) soon: XXI (J. Mallers) and BSTR (A. Back).

...
in order to be good at HODL'ing btc/crypto you have to 'despise' $$$ a little bit or you crack under the pressure...so that was my mental trickery to HODL
...

Okay then, I will start the adventure tomorrow……maybe I might be able to read 3 pages  in this thread per day…so I can also read from other posts and boards…

Starting tomorrow I will post in this thread whenever I’m done reading 3 pages of this thread….

I know it’s worth reading this thread and I hope I enjoy my thrilling adventure..

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I think you are missing the point.

What's in between?

Uptember and moonvember coming closer.

Let's go!

The market needed a surprise on interest rates. 50bps was needed to keep the market afloat. Volatility incoming…

I’m not sure how we get to new highs from here, but if Bitcoin doesn’t find a way in the next 2 months then MSTR doesn’t get into the S&P500 and this cycle top is in. It’s finger crossing time.

I cannot predict how irrational the market will become. I can only tell you that Treasury companies are whales selling their coins at a premium to suckers while saying Bitcoin is going to a million…

If you mean how to handle this cycle?... Don't try to time to top, set a plan and stick with it!... If you are selling and planning to buy back lower, DON'T!

Besides, everyone's circumstances are different, however, the last and most important advice i can give is, think and plan 2/5/10/20 years ahead!...

I believe the relevant quote here is, don’t shoot the messenger.

Take a look at these two charts and tell me we aren’t about to see a repeat of 2008. Inflation has held the housing market up so far, and it seems obvious the fix for this is more inflation. That might save the housing market from massive losses, but it is going to destroy the consumer. Everything is going to be on sale in a year, including Bitcoin.

World Reserve Currency will be the currency, that underpins AI to AI transactions!

It takes great strength and conviction, to see the cycle before us, let alone a cycle at all!

I personally believe we are on the last leg of this cycle and as stated before, I will be transferring some wealth in return for hard/illiquid assets, obviously fiat first...

Guarantee you one thing, the next 3 months, will be a wild ride!

What’s amazing to me is that this will be the fourth time it’s happened.

Don’t listen to me though. Watch this instead.

https://youtu.be/eCXaCSVhivI?si=M62NPB5I8NIX6tIt

We are in bubble territory already and “the Titanic has hit the iceberg.”

I think we go higher, but looking back there will be a lot of people who wish they had started taking profits here instead of trying to time the top, which we will definitely hit in the next 100 days if we haven’t already.

Today is the day that I've been saying would be the top for Bitcoin for quite some time.  I've actually been eyeballing today for basically the last 4 years.  Now that it is here I don't want to sell any Bitcoin, but I may sell a tiny bit just to stick to the plan...  There's a ton of bullish news out there and with December looking like it will be the MSTR inclusion period, I have mentally begun making excuses that my sell date should be moved to December 16th.  We will see how that plays out for me, but I've definitely started watching the exits.  

That's an interesting property of Bitcoin, that I never really thought about. It's true, you can die and take the keys with you, which is equivalent to making a donation to the Bitcoin community, equally distributed among all BTC holders. Nice!