[theluckycountry]

You can access a BTC chart here
https://www.coingecko.com/en/coins/bitcoin

Go back a ways and look at the trading volume, just before a sharp collapse.
Feb 24 this year $18 Billion
Mar 09 $18 B
Apr 06 $14 B
Today $17 B

Trading volumes are typically around 50 to 100 Billion dollars. Sometimes these volume lows are at a very bottom and sometimes a moderate bottom doesn't have a vol under 20, but it's an interesting to see how many times the crypto plunges after reaching one of these. I'm thinking of the pump and dump system at work here, which would be orchestrated by a group of whales. It's a scant connection but let's see what the next couple of days brings us. If it was a signal, then I would expect BC to go back to double digits.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', 'Y')ou can access a BTC chart here.Because I'm not smart enough to explain it, I'll just stick with the chart...fill in some "any 8 year old can come up a quote" to copy and leave it at that. Because, lets face it...I can't do more than just be Polly.

[careinke]

$this->bbcode_second_pass_quote('theluckycountry', 'Y')ou can access a BTC chart here
https://www.coingecko.com/en/coins/bitcoin

Go back a ways and look at the trading volume, just before a sharp collapse.
Feb 24 this year $18 Billion
Mar 09 $18 B
Apr 06 $14 B
Today $17 B

Trading volumes are typically around 50 to 100 Billion dollars. Sometimes these volume lows are at a very bottom and sometimes a moderate bottom doesn't have a vol under 20, but it's an interesting to see how many times the crypto plunges after reaching one of these. I'm thinking of the pump and dump system at work here, which would be orchestrated by a group of whales. It's a scant connection but let's see what the next couple of days brings us. If it was a signal, then I would expect BC to go back to double digits.

[careinke]

$this->bbcode_second_pass_quote('theluckycountry', '$')102,689. range bound exactly as the DOW is at the moment.

$this->bbcode_second_pass_quote('', 'A')ccording to on-chain metrics, Bitcoin and Ethereum have once again become highly correlated with the US stock market, indicating that traditional financial trends are having a stronger influence on crypto prices. With stocks facing uncertainty, Bitcoin’s ability to break out of its current range remains questionable.

Could these macroeconomic developments push the market even lower, or is Bitcoin preparing for a surprise reversal? With volatility increasing, the coming days will be crucial in determining BTC’s next move. Traders and investors are now watching closely to see whether BTC can shake off its stock market correlation or if more downside is ahead.

[AdamB]

$this->bbcode_second_pass_quote('careinke', '
')Peace through the most inelastic money of all time, BTC

[theluckycountry]

$this->bbcode_second_pass_quote('careinke', '')$this->bbcode_second_pass_quote('theluckycountry', '$')102,689. range bound exactly as the DOW is at the moment.

$this->bbcode_second_pass_quote('', 'T')raders and investors are now watching closely to see whether BTC can shake off its stock market correlation or if more downside is ahead.

[theluckycountry]

$this->bbcode_second_pass_quote('careinke', '')$this->bbcode_second_pass_quote('theluckycountry', '
')
Go back a ways and look at the trading volume, just before a sharp collapse... It's a scant connection but let's see what the next couple of days brings us. If it was a signal, then I would expect BC to go back to double digits.

[theluckycountry]

There is a well understood principle in investing, call it the ten year rule if you like. It applies to Boom instruments and triple waterfall declines. At the beginning of a decade prices of instruments in a sector ready to Boom are dirt cheap and unnoticed, except by the very astute. It is then that you buy and hold. Slowly over the decade other investors and then hedge funds catch on as the instruments rise. Then it begins to boom and the public come on board in greater and greater numbers, but only after all the real big gains have been made. Toward the end institutional investors drag their client's money in and push things a little higher, then, it all collapses.

We saw it between 1990 and 2000 with IT and mobile and the internet. We saw from 1970 to 1980 with commodities, Gold and Silver most starkly. We saw it in the shale bubble, we have seen it in the EV bubble. In 2011 Tesla was $1.48, it''s all time high in 2021 was $406. That's the inflation adjusted high of course, which is all that matters.

Ten years is an arbitrary marker, naturally there was computers before 1990 as there was Gold trading before 1970, but at the beginning of the 10 year period things quickly begin to change. BTC was off the radar before 2014/15, it was trading but meant nothing and volumes were in the low millions. Then it began to follow the standard 10y cycle. If you bought in back near the beginning you made exceptional gains, and anyone who did that has no doubt sold most by now. Whose left in this highly inflated market? The Bag Hodlers of course.

I missed the early BC period even though I had heard of it through a geek friend. No shame in that, I'm not greedy and was investing in Gold, the opposite of BC and other paper instruments. No one gets it right all the time in investing but so so many get it wrong all the time. They just go from one Amazing investment to another, buying in near the top and selling at a loss. Not a good strategy heading into retirement.

[careinke]

Adam, good questions, in all the threads and I'll get to them soon. I am heavily involved in training my Robot on wheels and it's WAY more fun than this forum right now. Since I'm here though:

22 June 2025; 1 BTC = 29.907 Ounces of gold.

Peace

[theluckycountry]

Inke, have a look at the 5 day chart, yesterday and today's dip and spike. I was going to mention the spike but didn't get around to it, it was indicated in yesterday's volume. If you'd like my system PM me and we can negotiate something

https://duckduckgo.com/?t=ftsa&q=dow+jones+chart&ia=web

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', 'T')here is a well understood principle in investing, call it the ten year rule if you like.

[theluckycountry]

$this->bbcode_second_pass_quote('AdamB', ' ')

[theluckycountry]

BIS Claims Stablecoins Fail As Money
$this->bbcode_second_pass_quote('', 'A') new report from the Bank for International Settlements (BIS) challenged the notion that stablecoins can serve as money in a modern financial system. According to the BIS Annual Economic Report 2025, stablecoins fail the fundamental tests of “singleness,” “elasticity” and “integrity,” three critical criteria that define effective monetary instruments.

The BIS described stablecoins as “digital bearer instruments” that resemble financial assets more than actual money. “Stablecoins perform poorly when assessed against the three tests for serving as the mainstay of the monetary system,” the report said.

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '[')b]BIS Claims Stablecoins Fail As Money
$this->bbcode_second_pass_quote('', 'A') new report cherry picked by the forum neonazi challenges the notion that neoNazis know any more about bitcoin stuff than they do what a high school graduation looks like. It has been scientifically determined that this because of genetic defects related to their criminal ancestors only bieng allowed to mate with inmates of a local psychiatric prison while incarcerated.

[theluckycountry]

Yes inke, the DOW turned up several hours ago

[careinke]

$this->bbcode_second_pass_quote('AdamB', '')$this->bbcode_second_pass_quote('careinke', '
')Peace through the most inelastic money of all time, BTC

[careinke]

June 28th

1 BTC = 32.713 ounces of gold.

Peace

[theluckycountry]

$this->bbcode_second_pass_quote('', 'A')mericans are among the biggest holders and adopters of Bitcoin globally. A report by River indicates that roughly 40% of all Bitcoin globally is held by Americans

[AdamB]

$this->bbcode_second_pass_quote('theluckycountry', '
')1 In 3 Americans Are Cutting Insurance Costs Just To Afford Food. Meanwhile, in Australia, the people stay on their knees to service their King, because they don't have what it takes to stand up and throw off the yoke of Monarchy. Some suspect they suffer from a terrible condition, known as "balllessness", a horrible disease caused by a combination of cowardice, bad hygiene, and DNA originating from prisoners and various scumbags from British prisons inbreeding with the locals.

[theluckycountry]

I think it's time you bought into BC adam. You can get a loan for it you know, add it onto your mortgage hey