I dont think it was a real "sell the news"..that would hit harder..it was just the people leaving grayscale to switch to blackrock which lead to the price fall and raise afterwards.
https://btcetffundflow.com/
You can see the funds moving from Greyscale the first week into better funds.
Moving those funds around takes more than a few confirmations, very slow, so there was a lag in-between where funds where in limbo.
Then funds kept, and keep, pouring in.
Nobody knows where the stock goes. So no, itâs not lol. You canât predict anything, BTC could have gone extinct, itâs just a computer code, and banks are just willing to play with the spare cash they have.
Meanwhile retails fools are thinking âIâll be so richâ with their shitty 10K investment, that would do so much better if invested into AI, that at least does something
Letâs just say there is no way around it. I donât see the world abandoning AI, on the contrary, things will get more mainstream, because it replaces people and does a better job, for free and instantly, what can be done about it. If they are correcting thatâs ok, still unstoppable in my opinion
This is from yesterday:
"According to CoinDesk, the 90-day and 52-week correlation coefficient between bitcoin and Nasdaq-listed chipmaker Nvidia has risen above 0.80, indicating a strong positive correlation. This relationship is significant as some analysts, including investment management firm GMO, believe that the rise in Nvidia's valuations represents an artificial intelligence (AI) bubble that could soon burst. Bitcoin is back more than 8% from its all-time high, while Nvidia is back 9% from its all-time high, but both are still showing substantial gains so far this year."
I donât care much for nvidia, it is connected to AI, but itâs not an aI index fund, and not aI company, itâs a tech company. Of course itâs a bubble, itâs rise was meteoric and now funds are going to take profits and it will enter correction
I disagree, he is highly intelligent. Think of it this way, he took a punt at claiming to be Satoshi and got bankrolled for the legal fees by someone else. Even if he had a tiny chance of convincing enough courts that his claims could stick, the payoff was huge.
Unfortunately for him he is not quite as smart as he thought and appears to be somewhat delusional. Also, at least in the latest case he got a judge who was tech savvy so his poor forgeries and not quite good enough knowledge of blockchain in general and BTC specifically did not slip past him.
agree.. read my up comment.. he also narsisic.. and become more and more desusional after the years bcs of the base reason..
it all started before the tax problems.
He needs that dollar so he can finally have something to put in his wallet behind that 16 words seed phrase..itâs a struggle out here and my guy needs financial nourishment,in the form of your dollar.. âfor only one dollar a month,you can help _icode provide his village with clean drinking water,a 55 gallon drum of rice and some insect repellent to keep all those damn flies off of his face.how could you possibly go to sleep tonight only to wake up in the morning and look your guilty self in the eye,knowing for that dollar you spent on your morning coffee refill couldâve prevented the death of half of _icodeâs village.the fate of _icodeâs entire village is in your hands.â
And here I was thinking you were living Ted Kaczynski style,minus the exploding packages of course..I had already formed the image of you in my brain,with a hood over your head with the aviator shade on.you were sitting out in the middle of the woods on a chair you constructed with a Swiss Army knife and driftwood.you were sitting in front of the most perfectly crafted campfire I had ever seen while eating a crappie,possum and muskrat kabob.you were surrounded by around 50 wolves and you appeared to be the leader of their pack because they coward down in your presence and refused to eat a bite until you finished eating your kabob first..honestly,itâs kind of soul crushing to be forced to come to terms with the failure of my vision.I seen you as a mythological legend that made Paul Bunyan appear to be a scared and pathetic little bitch,who was 3â6â tall and wore assless chaps and platform shoes to make people they he was taller
Pick the right company and sure, I could see the price skyrocketing. I was quite surprised to see so many on the verge of going out of business when I checked. Its not a good pick unless you're really a mark for their business brand though
My weird rule of thumb that has worked for me. Hasnât made me rich, but has turned some very good profits. You may think it crazy or illogical, but it works.
1. I never pay attention to the specific chatter around Bitcoin . I donât read the articles or anything.
2. I listen for the chatter around Bitcoin.
2a. When the chatter is high, I stay away.
2b. When the chatter is low, I buy!
3. I track CashApps Bitcoin News feed in app.
3a. When Bitcoin goes up and the positive feed articles start flowing in, I hold.
3b. When the articles stop updating (negative or positive) for a day or more. I hold and track the price between 1am-5am, each night (standard eastern time), looking for sell indicators in the price trend, and sell at anything more than a 3.7-4% dip.
One thing I know about Bitcoin, It moves with money, or the potential of big money inflow, and there is always a fat pocketed whale looking to take advantage of an easily manipulated currency. Elon Musk showed us that. The other thing I know is there is a sucker born everyday, and millions of them looking to make a quick buck riding the next get rich quick wave. They are the ones leaving their money in when Mr. Fat pockets cashes out his profits. I not big on how stocks, funds, money markets, or even Bitcoin technical works⌠but I do know how people work, and thatâs what I bet on.
Wonder how this cycle will go.. will we have 30% pullbacks? Will the halving have a major upward impact? Will there be a super cycle? Personally i think there will be a stronger correlation with the healthiness of the overall stock market. Current growth is partly thanks to ETFâs.. what will happen when the markets correct? Will there be 40K BTC outflows from the ETFâs per day? That will have a major impact on BTC price development no doubt..
Hello everyone sorry I don't be on like I supposed to but I go through a lot of abuse and everything and it's like I just need to get out of find a way out and I wanted to say God bless you all and thank you for everything
Bc black rock and fidelity are creating a price floor with their massive buying..after the halving this thing will be over 100k ...maybe we see 70 or 80k in the bear markets bottom
some people said the ETFs are a sell the news event...
Well they were the first week. Then came the inflows.
One week is most peoples time horizon here. They were a Goldfish in a previous life.
đ
Sooo true , these people be having hours and hours of mobile screen time, mine as well be glued to there face. Sad new generation.
Probably a single celled organism at best
I dont think it was a real "sell the news"..that would hit harder..it was just the people leaving grayscale to switch to blackrock which lead to the price fall and raise afterwards.
That was a sad week. And then it wasnât.
https://btcetffundflow.com/ You can see the funds moving from Greyscale the first week into better funds. Moving those funds around takes more than a few confirmations, very slow, so there was a lag in-between where funds where in limbo. Then funds kept, and keep, pouring in.
Yea it was. Sell your fiat into btc
"It's already priced in!"
They were. For a day. Lol
Some lol everyone said that hahaÂ
Yes, they made out like bandits at $49k, lol.
They were at first
Some people said Bitcoin is going to zero.
just bought .47 cents worth bitcoin today!
Might be enough to buy a coffee in 10 years!
7-11 or Starbucks?
McCoffee
Brewed with his ashes
7-11 shits on Starbucks. That Brazilian. Yum.
That shit is the working mans meth. It makes you mow your neighors property with a pair of scissors. - Joey Diaz
Just HODL
You're post inspired me...I just picked up 116 sat just now! 0.08 cents haha
Where can you buy this small amount of BTC? Must be lightning but which provider?
RH
You have to start somewhere. I say âGood for you!â
Oof, you bought the pre-halving top, son
I feel so stupid right now! I'm never going to financially recover from this
2 months ago everyone saying how they sold to pay deposit on a house now they could have bought the house lol
Oh thatâs rough
Nobody knows where the stock goes. So no, itâs not lol. You canât predict anything, BTC could have gone extinct, itâs just a computer code, and banks are just willing to play with the spare cash they have. Meanwhile retails fools are thinking âIâll be so richâ with their shitty 10K investment, that would do so much better if invested into AI, that at least does something
Ai stocks were terrible when I last looked at them. I had the same idea. Have things changed?
Letâs just say there is no way around it. I donât see the world abandoning AI, on the contrary, things will get more mainstream, because it replaces people and does a better job, for free and instantly, what can be done about it. If they are correcting thatâs ok, still unstoppable in my opinion
Good rationale. I believe the same.
Wdym it's going to the moon? Where as the US Dollar is worth less and less every year
Itâs going back to 30K
> You cant predict anything! > Its going back to 30k!
Nah bro, cycles, cyclesâŚ
Hope so, so we can all buy some more
To go back to 30 again? You havenât had enough from previous cycles?
whatâs wrong with more
This is from yesterday: "According to CoinDesk, the 90-day and 52-week correlation coefficient between bitcoin and Nasdaq-listed chipmaker Nvidia has risen above 0.80, indicating a strong positive correlation. This relationship is significant as some analysts, including investment management firm GMO, believe that the rise in Nvidia's valuations represents an artificial intelligence (AI) bubble that could soon burst. Bitcoin is back more than 8% from its all-time high, while Nvidia is back 9% from its all-time high, but both are still showing substantial gains so far this year."
I donât care much for nvidia, it is connected to AI, but itâs not an aI index fund, and not aI company, itâs a tech company. Of course itâs a bubble, itâs rise was meteoric and now funds are going to take profits and it will enter correction
What AI index funds are you considering / have invested in?
[ŃдаНонО]
We found the real Craig Wright!
[ŃдаНонО]
His brain probably has less wrinkles than his face and doesnât realize how low intelligence he is
I disagree, he is highly intelligent. Think of it this way, he took a punt at claiming to be Satoshi and got bankrolled for the legal fees by someone else. Even if he had a tiny chance of convincing enough courts that his claims could stick, the payoff was huge. Unfortunately for him he is not quite as smart as he thought and appears to be somewhat delusional. Also, at least in the latest case he got a judge who was tech savvy so his poor forgeries and not quite good enough knowledge of blockchain in general and BTC specifically did not slip past him.
agree.. read my up comment.. he also narsisic.. and become more and more desusional after the years bcs of the base reason.. it all started before the tax problems.
You dropped these: csti
csti?
Did you?
[ŃдаНонО]
I wouldnât call the last few months a minor up swing, itâs pretty major when your portfolio goes from 80k to 240k.
Can I hold a dollar?
Iâll do you better than that just send me your sixteen word seed phrase and itâll be there in a hurry đ
He needs that dollar so he can finally have something to put in his wallet behind that 16 words seed phrase..itâs a struggle out here and my guy needs financial nourishment,in the form of your dollar.. âfor only one dollar a month,you can help _icode provide his village with clean drinking water,a 55 gallon drum of rice and some insect repellent to keep all those damn flies off of his face.how could you possibly go to sleep tonight only to wake up in the morning and look your guilty self in the eye,knowing for that dollar you spent on your morning coffee refill couldâve prevented the death of half of _icodeâs village.the fate of _icodeâs entire village is in your hands.â
And here I was thinking you were living Ted Kaczynski style,minus the exploding packages of course..I had already formed the image of you in my brain,with a hood over your head with the aviator shade on.you were sitting out in the middle of the woods on a chair you constructed with a Swiss Army knife and driftwood.you were sitting in front of the most perfectly crafted campfire I had ever seen while eating a crappie,possum and muskrat kabob.you were surrounded by around 50 wolves and you appeared to be the leader of their pack because they coward down in your presence and refused to eat a bite until you finished eating your kabob first..honestly,itâs kind of soul crushing to be forced to come to terms with the failure of my vision.I seen you as a mythological legend that made Paul Bunyan appear to be a scared and pathetic little bitch,who was 3â6â tall and wore assless chaps and platform shoes to make people they he was taller
Any one here long enough know ~11% correction (so far) is perfectly normal and healthy. Teaches gratitude and patience if you notice.
it has been 8% and some people say it will be 20%
Already seen a few news articles calling it a "crash" lmaoÂ
3.25 years long, this is nothing
[ŃдаНонО]
2 months since the ETF approval lol time is flying
keep stacking, keep holding
Price hasn't even doubled yet from 2 months ago. Hold onto your bodily fluids!
I bought $3 worth of bitcoin on october, now its $7đ¤Ł
Damn bro. Shoulda bought $4
fr bro, my bad, couldve bought 2 starbucks with that much money
Pick the right company and sure, I could see the price skyrocketing. I was quite surprised to see so many on the verge of going out of business when I checked. Its not a good pick unless you're really a mark for their business brand though
My weird rule of thumb that has worked for me. Hasnât made me rich, but has turned some very good profits. You may think it crazy or illogical, but it works. 1. I never pay attention to the specific chatter around Bitcoin . I donât read the articles or anything. 2. I listen for the chatter around Bitcoin. 2a. When the chatter is high, I stay away. 2b. When the chatter is low, I buy! 3. I track CashApps Bitcoin News feed in app. 3a. When Bitcoin goes up and the positive feed articles start flowing in, I hold. 3b. When the articles stop updating (negative or positive) for a day or more. I hold and track the price between 1am-5am, each night (standard eastern time), looking for sell indicators in the price trend, and sell at anything more than a 3.7-4% dip. One thing I know about Bitcoin, It moves with money, or the potential of big money inflow, and there is always a fat pocketed whale looking to take advantage of an easily manipulated currency. Elon Musk showed us that. The other thing I know is there is a sucker born everyday, and millions of them looking to make a quick buck riding the next get rich quick wave. They are the ones leaving their money in when Mr. Fat pockets cashes out his profits. I not big on how stocks, funds, money markets, or even Bitcoin technical works⌠but I do know how people work, and thatâs what I bet on.
Saw "sell" and stopped reading. Never sell.
[ŃдаНонО]
There is no logical way for that to work, and they aren't dumb enough to think that.
Its show time baby đ˛đ¤Š
Glad I did something đ
One week is one day in bitcoin
There was an article by JP Morgan I think (if I remember correctly), that BTC could drift to $42k after halving. I could mot figure out why though!
đ
Can bitcoin ever go down from here? Itâs going to mars
Gerade gehtâs eben in die andere Richtung đŤŁ
Crazy growth! To the moon!
Does anyone know what? Bryce Paul's number one coin for March is that he's selling?
Does it have real usage?
It had a nice dip. I lowered my cost basis somewhat
Wonder how this cycle will go.. will we have 30% pullbacks? Will the halving have a major upward impact? Will there be a super cycle? Personally i think there will be a stronger correlation with the healthiness of the overall stock market. Current growth is partly thanks to ETFâs.. what will happen when the markets correct? Will there be 40K BTC outflows from the ETFâs per day? That will have a major impact on BTC price development no doubt..
I sell in my dreams , otherwise known as nightmares. Today is yesterdayâs tomorrow.
Hello everyone sorry I don't be on like I supposed to but I go through a lot of abuse and everything and it's like I just need to get out of find a way out and I wanted to say God bless you all and thank you for everything
Keeping my dca strategy is the way. Slow but sure as never before
Time to buy more
a volatile asset is volatile, big news
Itâs been jumping since October, where you been?
Itâs been jumping since January of 2022 for the true believers.
Cartoon on point. đ
Do I sell all my Amazon shares and get Bitcoin instead? I thinking wait until it drops to 50k then buyâŚ
Bitcoin will never see 50k again
Bet
I bet
You genuinely donât think so, why not exactly
Bc black rock and fidelity are creating a price floor with their massive buying..after the halving this thing will be over 100k ...maybe we see 70 or 80k in the bear markets bottom
bet you a coin it will
The etfs have changed the dynamics of the cycle... no more 30% drawdown in the bull markets
"This cycle is different"
Touchè..lol
I got out of this garb Iâve been holding the bag for three years rode from 66k all the way down I unloaded today feels good
Remind me of how good it feels in 12 months âŚ
Remind me how much it hurts in 12 months
Bet
I think you lost money cause of inflation of fiats
Youâll FOMO at the top again like a clown.
This is the top idiot
Your paper hands wouldnât have survived the halvening anyway.
Bye bye
Fool