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Bitcoin & crypto? Pt. 3

Discussions about the economic and financial ramifications of PEAK OIL

Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Fri 01 Aug 2025, 15:33:16

1 BTC = $113,385
Look out below!

For those who actually give a shit.

Bitcoin Bull Market Is Over? Analyst Calls 50% Crash To $60,000
$this->bbcode_second_pass_quote('', 'T')he crypto fear and greed index continues to flash “greed,” and most analysts still argue that Bitcoin is setting up for another leg upward. However, an interesting technical outlook challenges this bullish consensus and issues a crash warning.

Notably, crypto analyst Xanrox identified a sell signal on the weekly candlestick timeframe chart after Bitcoin reached the 1.618 Fibonacci extension and touched the long-term 2017–2021–2025 trendline, with the latest touch of the trendline aligning to Bitcoin’s recent all-time high at $122,800.

According to him, the most recent touch of this trendline might be the top of the current cycle. Furthermore, he noted that the Elliott Wave structure has now completed Wave 5 of a rising wedge and a larger Wave 5 impulse move. As such, a corrective phase is about to start.
https://www.tradingview.com/news/newsbt ... to-60-000/

We all knew it was doomed to crash eventually, like it's cyclical crash and burn I mean.

This guy's a mathematician, if you haven't seen his youtubes you haven't fully explored the exponential function. He comes from Boulder Colorado, I got his picture off the side display here.

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We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Fri 01 Aug 2025, 16:41:45

How to get Royally Screwed with bitcon
How to recover psychologically and keep on believing in Bitcoin after getting silent-hacked?
https://www.reddit.com/r/Bitcoin/commen ... t3_1mewe69
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Fri 01 Aug 2025, 21:31:35

It's a different world to Gold, all these paper/digital markets. Gold holders never worry, or Panic, or fret over if they should sell. The metals just keep going up, year after year, decade after decade. Even when they do post a drop, a retracement, it's never a deal breaker, just a true buying opportunity.

Image

Little different in AUD

Image

So why subject yourself to all the stress with crypto? It's the get rich quick gambler mindset. It's endemic in a certain fraction of society, in the lower classes typically, the loser class. They know they'll never attain economic security following their lifestyles and instead of working smarter, they buy these lottery tickets and then turn it into a religion. BC will always go up because it's always gone up.

A big part of the Gambler mindset is a feeling of relief when they lose, yes, true. To them it's confirmation that they are an underdog, a loser, they go away saying "next time I'll beat the odds." :wink:
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Sat 02 Aug 2025, 20:39:17

$this->bbcode_second_pass_quote('careinke', ' ')Thanks for the call, my personal Jim Kramer inverse market indicator call maker. Maybe I should go all in based on your call.


BTC $112
Since July 14 top of $123k it's been all lower highs and lower lows. Where will it go from here? Just watch the DOW. BC is son of DOW, one of it's bastard offspring, ruled by equity wrappers, ETF's, Credit agreements, and on a personal level, Big CC debts. But don't ever forget, Buffett, the King of smart market moves has bailed out of the stock market in a big big way. Sitting on half a Trillion in cash he's waiting. For what? :lol: :lol: :lol:
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Sat 02 Aug 2025, 20:57:34

This next collapse will be EPIC. The BRICS are all in Gold, so if the US wants trade with them it will have to go back to a Gold based currency, and actually settle accounts in Gold, just as it did before all this madness and inflation took hold after August 15 1971. What will the price of Gold be? Much higher of course, just like the 1933 reset. Reset, Reset, get that word into your lexicon. That's the solution and always is to huge debts.

Oh the Gold in storage across the BRICS nations, it's massive! And the Gold america claims to hold? Well it's never been audited, so you don't really know. A big financial machination for the last two decades had been Gold leasing.
$this->bbcode_second_pass_quote('', 'G')old leasing involves a financial arrangement where an institution, usually a bank, leases gold to an entity or individual for a predetermined period. The process begins when a lessee approaches a lessor (such as a bank) to lease a specific amount of gold.

Why have all that Gold just sitting there doing nothing, lease it out and make some income. But then the Gold is Gone! All you have is a promise to return it. And if the borrower can't return it, then they must pay the value in inflated American dollars. Sounds like a good way to dump dollars doesn't it.
$this->bbcode_second_pass_quote('', 'T')hroughout 2024, significant amounts of gold have left Western vaults, triggering liquidity shortages and refinery delays of up to 12 weeks. Despite official reports, much of the gold held in London is already allocated, leaving the US scrambling to secure bullion for fractionally backed reserves.



https://kinesis.money/blog/gold-flows-e ... set-looms/
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Sat 09 Aug 2025, 19:06:24

Bitcoiners need to stop begging the government for permission to exercise their rights. They are not our friends. https://bitcoinmagazine.com/takes/the-g ... our-friend
$this->bbcode_second_pass_quote('', 'T')he government’s word is worthless. It means nothing.

They will continue cracking down on privacy, they will continue pushing KYC surveillance through things like the GENIUS Act and through the backdoor, applying them to just stablecoins (for now). They will continue treating the desire for privacy as evidence of criminal intent. They will do all these things while talking out of the other side of their mouth about supporting Bitcoiners and the “importance of self custody.”

This is what the government does. This is what politicians do. It is inherent in their very nature.

We need to stop treating these people as our friends. We need to stop pretending and lying to ourselves that they can be won over and become powerful allies to push the values and tools that we wish to see in the world. They are not our friends. They will not become allies, sharing a common cause with us. They are our enemies.
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Bitcoin & crypto? Pt. 3

Unread postby careinke » Mon 11 Aug 2025, 15:21:04

$this->bbcode_second_pass_quote('careinke', 'I') love it when my personal "Inverse Cramer" starts bleating. Getting a little nervous today?? So far your record has been perfect. :-D

Right now one BTC will buy over 34 Ounces of pretty rocks. I think that is a new record!

HFSP.

Peace


Thought I'd stop by and say thanks for the money I've been making. You are the BEST reverse indicator I have EVER used, keep it up, pretty sure you are batting 1,000.

BTW

1 BTC = 35.699 troy ounces of pretty rocks :razz: :P :razz: :P

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Re: Bitcoin & crypto? Pt. 3

Unread postby careinke » Mon 11 Aug 2025, 16:11:39

$this->bbcode_second_pass_quote('theluckycountry', 'O')ver 120k remember Inke. That's what stinkcoin needs to achieve to surpass it's previous high in inflation adjusted terms. Just sell the crap while you can and be done with all the stress. You have enough of that on your plate now with that Battcar you went deep into debt with.


Well BTC closed yesterday at $121,709, with the daily high of 122,319. Does that count??? Of course today, there is an expected pullback to test the new high. The day is still early though. Maybe you could claim it's a new crash, so I can make more money? :-D

As far as "deep" in debt for ROW-B, you are just dreaming. A 2% interest rate, $200 savings on Gas per month after I deduct electricity costs, no 5,000 Mile ICE service ($400/visit), I'm pretty sure I'm coming out ahead on the deal.

Don't forget, it drives itself.

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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Mon 11 Aug 2025, 22:02:40

$this->bbcode_second_pass_quote('careinke', '
')Well BTC closed yesterday at $121,709, with the daily high of 122,319. Does that count??? Of course today, there is an expected pullback to test the new high. The day is still early though. Maybe you could claim it's a new crash, so I can make more money?


Pullback to test a new high? The last pullback from $122 on July 14 saw sillycoin drop to $112. That was a higher high too BTW, not a bullish sign that the token couldn't surpass it this time. BC has been lagging the DOW by a day or two, as always, and the DOW is falling still so it's no great insight to say it's going to pullback inke. You're just quoting my DOW theory, which really should be elevated to "Lucky's Law of the DOW".

But given the length of this cycle BC is well behind. Well well behind. Given inflation it should be $140+ by now. Something is amiss in Tomorrow Land :cry:
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Mon 11 Aug 2025, 22:07:36

Crypto Will Cause The Next Trillon Dollar Crash

$this->bbcode_second_pass_quote('', 'L')ast week, I wrote about what I believe is one of the most significant developments in Bitcoin’s history — and possibly one of the most underappreciated risks in modern finance. The Trump administration has now formally approved a framework that allows Bitcoin to be offered as an investment option in select 401(k) retirement plans, while at the same time stablecoins are making up an increasingly larger bid for U.S. Treasuries, both of which are weaving crypto the furthest it’s ever been to the U.S. economy.

That’s not just “more adoption.” It’s the infiltration of Bitcoin into the cornerstone of American personal finance (and the current stock market bid) — retirement accounts. These aren’t speculative trading accounts or offshore exchanges; these are the investment vehicles that millions of Americans rely on for financial security decades into the future — and maybe more importantly, for emergency liquidity in the event of a recession.

In my piece, Is Bitcoin Too Deep in the Fabric of the U.S. Financial System?, I laid out what I think is the core reality: Bitcoin has crossed the moat. It’s no longer trying to get into the castle — it’s inside the walls. And once you start weaving something this volatile into pensions, ETFs, corporate treasuries, and now retirement plans, unwinding it without collateral damage becomes nearly impossible.

I presented both sides...

https://quoththeraven.substack.com/p/cr ... xt-trillon
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Re: Bitcoin & crypto? Pt. 3

Unread postby careinke » Wed 13 Aug 2025, 21:45:45

$this->bbcode_second_pass_quote('theluckycountry', '')$this->bbcode_second_pass_quote('careinke', '
')Well BTC closed yesterday at $121,709, with the daily high of 122,319. Does that count??? Of course today, there is an expected pullback to test the new high. The day is still early though. Maybe you could claim it's a new crash, so I can make more money?


Pullback to test a new high? The last pullback from $122 on July 14 saw sillycoin drop to $112. That was a higher high too BTW, not a bullish sign that the token couldn't surpass it this time. BC has been lagging the DOW by a day or two, as always, and the DOW is falling still so it's no great insight to say it's going to pullback inke. You're just quoting my DOW theory, which really should be elevated to "Lucky's Law of the DOW".

But given the length of this cycle BC is well behind. Well well behind. Given inflation it should be $140+ by now. Something is amiss in Tomorrow Land :cry:


Hi Lucky,

You never fail me with your inverse calls, thanks for all the money you have made me, keep up the great work!

Yesterday had an all time high close for the day (it didn't close above the quick spike up, which was $123,000). Today, we closed above that level at Fiat $123,365, with a spike to FIAT $123,740. Plus, in the hour and a half since the Zulu date change we have so far, hit a high of Fiat $124,533.

Just to throw more coal on the fire;

1 BTC = 36.735 Troy ounces of gold, a new all time high.

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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Wed 13 Aug 2025, 23:31:11

$this->bbcode_second_pass_quote('careinke', '
')Yesterday had an all time high close for the day (it didn't close above ...


Idiot! Haven't you learnt anything from what I have been saying for the last 20 posts. It's simply a part of the DOW Jones and the DOW Jones is inching up. Would someone be on the forums raving about a couple of percent increase in Nvidia? Or CAT? You coiners missed the memo, or you choose to ignore it like all the other memos. While the DOW goes up BC will go up, when the DOW collapses BC will collapse.

Given the market conditions any wise investor would be getting nervous, but there is Inke, popping corks and waving streamers :roll:


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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Wed 13 Aug 2025, 23:34:02

Image
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Re: Bitcoin & crypto? Pt. 3

Unread postby careinke » Thu 14 Aug 2025, 00:48:50

$this->bbcode_second_pass_quote('theluckycountry', '')$this->bbcode_second_pass_quote('careinke', '
')Yesterday had an all time high close for the day (it didn't close above ...


Idiot! Haven't you learnt anything from what I have been saying for the last 20 posts. It's simply a part of the DOW Jones and the DOW Jones is inching up. Would someone be on the forums raving about a couple of percent increase in Nvidia? Or CAT? You coiners missed the memo, or you choose to ignore it like all the other memos. While the DOW goes up BC will go up, when the DOW collapses BC will collapse.

Given the market conditions any wise investor would be getting nervous, but there is Inke, popping corks and waving streamers :roll:


Image


Well, if any of you posts had panned out, I would have paid attention to them, unfortunately for you they have not. My predictions on the other hand have all proven true. So whose the idiot here?

HFSP

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Re: Bitcoin & crypto? Pt. 3

Unread postby AdamB » Thu 14 Aug 2025, 13:20:59

$this->bbcode_second_pass_quote('careinke', '
')Well, if any of you posts had panned out, I would have paid attention to them, unfortunately for you they have not. My predictions on the other hand have all proven true. So whose the idiot here?
Peace


Oh my what a rhetorical question! Although I think you are giving too much credits to idiots in this regard. Lucky makes them look just...normal.
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Thu 14 Aug 2025, 16:34:54

$this->bbcode_second_pass_quote('careinke', '
')Well, if any of you posts had panned out, I would have paid attention to them, unfortunately for you they have not. My predictions on the other hand have all proven true.


And what predictions were those inke? That BC will be sky high by the end of the year? I haven't made "predictions" per se, I have simply pointed out the direct correlation between the Dow Jones and BC, which has been very Very accurate. Specifically that moves up or down in the Dow are followed by similar moves a day or two later in the crypto space. Do you deny this correlation?

$this->bbcode_second_pass_quote('', 'u')nfortunately for you they have not.

Unfortunately? I don't have any money in BC, nor am I short selling the companies trading it, why should that be "unfortunate" for me? To me it's just another bubble asset that gullible people have been herded into. Trapped now by the dreams of Lambo. It's Zoom, it's WeWork, it's Pets.com. Let it go up some more for all I care, it effects my precious metal holdings not one iota. But it will crash again, everyone knows that. The question is will it rise from the ashes a forth time?
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Thu 14 Aug 2025, 17:29:45

Here's the real action.

FED Prepares Gold Revaluation as Debt Crisis Escalates
The world is demanding physical gold
$this->bbcode_second_pass_quote('', 'T')he Fed just published a playbook for gold revaluation—a move that could reshape global finance, crush the dollar, and reward anyone holding real assets.

They don’t need to sell gold. They just change the price. It’s already happened in history—and every time, it marked the end of one monetary era and the violent birth of another. With U.S. debt exploding, foreign demand vanishing, and the world fleeing fiat, this might be the most important financial pivot in a generation.
https://www.youtube.com/watch?v=zeFbmAH9SiA

It's been obvious to goldbugs for decades. Every 80~100 years the World's capitalist economies go on a fiat money printing binge that ends in total disaster, 1933 was the last endpoint, and Gold was revalued upward as the economies of the world fell into a deflationary depression. People like to think that "It's different this time." but it never is, we always end up back at a Gold standard because that's the only asset everyone trusts. The non-western block nations have been stockpiling Gold for 2 decades in preparation for this and many western nations have been repatriating their Gold back from vaults in England and New York in anticipation.

Fort Knox Gold is supposedly the biggest stash on the planet. It might be there? It might have been leased? No one on the outside knows for sure. But it's there in theory and that's all that matters when balancing accounts. When it is revalued up to the current world price it will be more than enough to ensure trade in oil and whatnot, the things the US must have, and which are currently being purchased with US debt notes.

Bitcoin? Who knows and who cares, but Russia or Saudi Arabia certainly won't be accepting it, sorry Michael Saylor :cry: Perhaps the coinheads can use it to trade among themselves, as it was originally intended for? It's so far removed from the White Paper claims now though I can't see that happening. It will become like that beloved stamp collection that everyone says is valuable but no one wants to pay much for. No girl wants BC on her wedding day. She wants a Gold ring. In fact nearly 50% of all Gold is consumed in the Jewelry trade. People love it, and the more money they have the more they spend on Gold.

Image


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Re: Bitcoin & crypto? Pt. 3

Unread postby EnergyUnlimited » Sat 16 Aug 2025, 12:55:52

@Lucky,
It seems that you are the last man standing on this forum.
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Re: Bitcoin & crypto? Pt. 3

Unread postby AdamB » Sat 16 Aug 2025, 17:35:49

$this->bbcode_second_pass_quote('EnergyUnlimited', '@')Lucky,
It seems that you are the last man standing on this forum.


Wrong species.

Image
Plant Thu 27 Jul 2023 "Personally I think the IEA is exactly right when they predict peak oil in the 2020s, especially because it matches my own predictions."

Plant Wed 11 Apr 2007 "I think Deffeyes might have nailed it, and we are just past the overall peak in oil production. (Thanksgiving 2005)"
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Re: Bitcoin & crypto? Pt. 3

Unread postby theluckycountry » Sun 17 Aug 2025, 07:03:28

$this->bbcode_second_pass_quote('EnergyUnlimited', '@')Lucky,
It seems that you are the last man standing on this forum.


Well at least the last one posting up relative information, the rest are just bewildered old boomers clinging to the dreams of yesteryear. How's things panning out in Poland? I read you're on a real re-armament binge there.

Here's a good vid for you mate. https://www.youtube.com/watch?v=lX1Csk2vn5A
We're 17 years past the peak now and the 3rd World is going hungry and dark. We'll be next, we're well on the way in fact.
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