[careinke]

$this->bbcode_second_pass_quote('theluckycountry', 'Y')es, the ragged edge of failure
(btc $25900)

[theluckycountry]

And two days ago it was $35.9k, Two days before that, $37.5k. If it surpasses $40k it might have my attention, but it's just as likely to go sub $30k again. The problem with crypto is there are no fundamentals other than Fear and Greed. There is nothing you can point to that validates a Bullrun. For all we know this is just another pump and dump cycle.

[careinke]

$this->bbcode_second_pass_quote('theluckycountry', ' ') The problem with crypto is there are no fundamentals other than Fear and Greed. There is nothing you can point to that validates a Bullrun. For all we know this is just another pump and dump cycle.

[theluckycountry]

HaHaHa. Oh dear, now where's that bitcoin chart, Ahhh, here it is. Lets see now, it's had two bull runs, and the second was a double top. Nasty things those double tops, they invariably foretell a multi-decade decline in the assert class.

But then if want to isolate bitcoin and say it's a new paradigm, even though it's totally usurped by Wall street now, we see that the first peak, back in 2017 was followed by a second lower peak, then a fall off until late 2020. Whick means that if it's following a pattern of former rises, it will fall off around 40 and slump all the way back to 23 odd.

But why even try to put analysis to it, it's barely been around for a decade. A single decade! And it's not a stock or a commodity, it's a fanciful "people's money" A digital I don't want to pay tax and have the government and banks ripping me off money. Don't lose that stick, or the keys to it inke. And whatever you do, don't bury any of it in the ground like you might with Gold.

[theluckycountry]

With Bitcoin approaching $40k it's probably a good time for legacy buyers to consider their position and whether they can get out without loss. The market is still well shy of the 68k top back two years ago. Yes it's been that long, and a lot of people who bought at today's prices and even lower back in those days have gone to the wall due to leverage. Many bought on CC, expecting to repay the loans when the BC went to the moon. But it went to hell instead and so did their finances.

The Debt Panel: 'I lost my life savings after investing in cryptocurrencies'
The Dubai resident invested his salary and borrowed on credit cards to buy Luna and Terra stablecoins before the market crash https://www.thenationalnews.com/busines ... vestments/

And then there is the multiplicity of scams.

Missing $96,000 is your problem, Coinbase allegedly told account holder who had life savings cleaned out https://fortune.com/crypto/2023/03/07/c ... d-lawsuit/

Warning over cryptocurrency scams after Jersey family loses life savings https://www.itv.com/news/channel/2023-0 ... to-scammer

Don't be lured by the siren's songs of endless profits, Lamborghinis, and a life of ease if it's a substantial part of your life savings you're playing with. Just remember the last collapse and ask yourself if you can weather that all over again. Some can, some bought in when the token was very cheap by today's standards. If you bought in under $5000 you have a lot of wiggle room to sell, but do your due diligence, when Bitcoin collapses it does it very fast.

11/11/2021 $68,000
11/19/2021 $56,000
12/04/2021 $46,000

[careinke]

$this->bbcode_second_pass_quote('theluckycountry', 'A')nd two days ago it was $35.9k, Two days before that, $37.5k. If it surpasses $40k it might have my attention, but it's just as likely to go sub $30k again. The problem with crypto is there are no fundamentals other than Fear and Greed. There is nothing you can point to that validates a Bullrun. For all we know this is just another pump and dump cycle.

[theluckycountry]

I was just looking at a chart of the last 1000 dayz of bitcoin trading. It reminded me of the odds on a roulette wheel. No real pattern, but a few big wins followed by many many losses. It's a shame it can't hold its gains over time like Gold does.

That's why I suggested above that people who are in the green get out while they can. You don't want to be counting on the money in 5 years time and have your tokens in a prolonged slump because Elon Mush reportedly sold his entire hodling of doge to fund a takeover of a hamburger chain. Boom and Bust, Boom and Bust.

[theluckycountry]

[theluckycountry]

$this->bbcode_second_pass_quote('theluckycountry', 'W')ith Bitcoin approaching $40k it's probably a good time for legacy buyers to consider their position and whether they can get out without loss... do your due diligence, when Bitcoin collapses it does it very fast.

[careinke]

Well we've certainly entered the fight stage of this battle,I'm looking forward to the last stage, "and then we win." Both of my limit buy orders, (BTC and SOL), set five percent below the high were filled.

I'm not really concerned with Warren's Resolution. In eleven years, she has submitted 640 Resolutions, 47 Concurrent Resolutions, and 45 Joint Resolutions. ZERO have passed. She is owned by the Banks.

Her testimony was a joke and EXTREMELY inaccurate, which was quickly debunked by the alternate media's. Some of the things she wants to do are mathematically Impossible.

Finally she is trying to implement a Central Bank Digital currency before January 10, 2024, before Gary has to approve the BTC ETFs.

The liquidations were people buying on margin at 20X-50X rates combined with the fact there is very little BTC left on Exchanges. Most of it is held on cold wallets not commercial exchanges.

I don't buy on margins anymore, especially with AI Bots trading. I learned that lesson during the last cycle. Yea the market was going up and I thought I was a genius who could do no wrong. Lost a few BTC before I gave up. The exchanges make a lot of money off of bad money management, some Degens have been completely wiped out.

During the last three Bull Markets, there were an average of 6 pullbacks Between 20-35%. So far, this cycle has had smaller pullbacks and so far is rising earlier and faster than expected. We also have 8 green weekly candles in a row (which has only happened twice), so we can certainly use a breather.

My cost basis for BTC is now up to $9,800.00 a coin. For SOL it is $35.00, so I'm doing fine. . Now I have the "It's the world ending as we know it" song as an an ear worm in my head. Damn!

Peace

[theluckycountry]

I see Gold is moving down sharply as well, and Oil, for the last quarter, which is good news for those who have to drive long distances to work every day. One of my neighbors is retiring earlier than planned simply because of the cost of driving to work. They moved out here a year back to get way from the hustle of the outer suburbs but still had to commute back daily. He's going to begin tapping into his private pension, I hope it lasts him out. Interesting times we live in.

[theluckycountry]

$this->bbcode_second_pass_quote('careinke', 'W')ell we've certainly entered the fight stage of this battle,I'm looking forward to the last stage, "and then we win."

[careinke]

$this->bbcode_second_pass_quote('theluckycountry', '')$this->bbcode_second_pass_quote('careinke', 'W')ell we've certainly entered the fight stage of this battle,I'm looking forward to the last stage, "and then we win."

[theluckycountry]

$this->bbcode_second_pass_quote('careinke', ' ')Both of my limit buy orders, (BTC and SOL), set five percent below the high were filled.

Peace

[careinke]

Lucky,

My average entry for SOL is $40.64, and my average entry for BTC is $13,930.34. So, I'm not that concerned. As a matter of fact I bought more of both this weekend.

Historically, BTC has 6-8 pullbacks of 20-30% during its three year Bull run and we are only 1/3 of the way through this Bull run. As a matter of fact, I feed on these pullbacks, the supply of available BTC keeps diminishing.

Gold also had a similar pullback right after its ETF was released, then it rose eight fold. Of course now it is basically flatlined if you don't include inflation. If you do, it's just a loser.

Peace

[theluckycountry]

Bitcoin, a money system independent of government and banks. Yeah, in your dreams. The wall street whales completely control this pump and dump scheme now and the bitcoiners hang on every word coming out of the FED, because the FED will save bitcoin. Unbelievable that coiners still hold to the "alternate" money meme.

https://www.coindesk.com/tag/federal-reserve/

$this->bbcode_second_pass_quote('', 'N')ow, as Federal Reserve chair Jerome Powell signals U.S. interest rates should begin to fall later this year, hedge fund manager Anthony Scaramucci has predicted the bitcoin price will surge to at least $170,000 per bitcoin after its April supply cut—which would give bitcoin a market capitalization of around $3.3 trillion.

[careinke]

$this->bbcode_second_pass_quote('theluckycountry', 'B')itcoin, a money system independent of government and banks. Yeah, in your dreams. The wall street whales completely control this pump and dump scheme now and the bitcoiners hang on every word coming out of the FED, because the FED will save bitcoin. Unbelievable that coiners still hold to the "alternate" money meme.

https://www.coindesk.com/tag/federal-reserve/

$this->bbcode_second_pass_quote('', 'N')ow, as Federal Reserve chair Jerome Powell signals U.S. interest rates should begin to fall later this year, hedge fund manager Anthony Scaramucci has predicted the bitcoin price will surge to at least $170,000 per bitcoin after its April supply cut—which would give bitcoin a market capitalization of around $3.3 trillion.

[careinke]

Happy Chinese New Year!

One of their traditions is to give money on New Years. This probable helped with our $50,000 BTC price.

I bought more BTC on Friday when Crammer confirmed the buy by saying BTC was not going to hold its present price. So far the "Inverse Crammer Rule" has had a 100% success rate. Every time he gives the single, BTC rapidly climbs within three days.

The BTC ETF's on Friday alone bought 14 times the amount of BTC that can be produced in a day. And the number of BTC produced after around April 20 will be half of what is produced today. Also, the Hong Kong BTC ETF will open after the halving. China is going to allow their citizens to buy them.

BTC will probably hang around 50K for a while as 50,000 is a big psychological barrier in both directions. Still early in this cycle.

Peace

[careinke]

One last thing,

I just preordered the Solana (SOL) chapter two phone for $450.00. Having missed the very first "Chapter 1" phones (now selling on EBAY for $2500.

The chapter 2 phone sold it's 100,00th phone today, and as previously announced will only remain at this price for another 48 hours. So I took some profits and splurged. This makes me a "Founder".

I DO NOT RECOMEND people less familiar with SOL or the Phantom Wallet do this!!!

I just posted it here for Historical or maybe Hysterical, reference.

PEACE

[careinke]

Good Morning all,

This one's for Lucky. Well, BTC smashed through $60,000.00 this morning. Actually the high (so far) for today was over $64K before Coinbase stopped working. Seems most centralized exchanges were overloaded and could not keep up. This has happened before, eventually they will catch up. As I type this BTC is between $60-61K. Decentralized Exchanges, (DEXs), do not have this problem.

Most of the current rise in price this week is coming from Institutional buying, retail buyers are mostly still sitting on the sideline. What a crazy and profitable week this has been so far, and it is only Wednesday!!

Peace