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The USA is a blurr!!!!!! Oh wow, I think we are close to seeing a megarun in the next few hours, this is crazy ....
AI Algo trading for small gains. It is a favorite tool of the shorts to give the appearance of a selloff, but BTC has had really strong consolidation power.
Although I am not a fan, it still brings liquidity. I heard a crypto veteran coder say that auto trading should not be stopped, it is healthy for the future. I did not have his knowledge so I just said OK and still trying to wrap my mind around his statement. He was very deep into the mining and network governance / consensus thing.
You can lose money, just alot quicker when something goes wrong.
Also, miners usually dont hold onto BTC, many times it is an auto sale at the buy price, so if there is no powerful buying, you can get those wild swings, quickly! As of the last few weeks, everything is being scooped up ASAP
PAY ATTENTION TRADERS - Why would the average joe not like BTC? The SEC screwed everyone out of the OTC. So glad they "protected" me, SMH .... used to make killer money in the sub pennies. Anyone remember Awesome Penny Stocks???? Oh those were the days! but now that is all gone. You cannot even legally frequently day trade without special backed accounts now. You cannot trade some subs without special accounts or certain brokers. They stopped the volume being traded, therefore it all about died. I find it hard to believe the SEC has my better interest in mind, no they just want you to play in their sandbox with their toys, and only if you have alot of money, the rich do not want us rich.
Crypto is the average persons way to make money like Wallstreet without all their rules. The SEC has been clamoring to control BTC but so far unable to unload all the restrictions stocks have.
Quit bashing what you dont understand and learn, then go make money. This is it, this is our time. You can bet your ass that the big boys like Blackrock are coming in to take BTC over. $1 million BTC is coming and we will not be able to afford it then.
The USA is now the BTC mining capital of the world. Notice all the FUD about mining resources just stopped all of a sudden? Ask yourself why and you will discover the answer, I hope. He is your chance, dont screw it up by listening to all the negative nancy's
https://chainbulletin.com/bitcoin-mining-map/
A $25K Investment in October would have yielded you a $10K+ profit. See what happens when you ignore the ignorant and short seller FUD articles????
Always keep some cold storage, but also have a hot wallet you can day trade with ....
more building , more ask spanking, super consolidation, mega run coming
Now, for 3 weeks I have been saying consolidation is going to be the springboard for the next run. Well, here we are.
I NEVER USED A CHART ONE TIME!
At first its like that weird girl ya date, kinda laughable at the beginning but quickly becomes old.
I really have never seen anyone make that many bad calls with charts, oh well ....
Good grief, I have been on ihub for over a decade and I swear that is absolutely the WORST chart "analysis" I have ever seen. Google the word consolidation. If BTC had no strength, it would have already floundered. You are seeing the shorts selling some coins to create panic because their azz is in deep crap. It worked before but the selling is being gobbled up by institutional buyers.
Now you have many traders holding BTC at the $34K level. Its called building for the next leg up.
Go use that chart for what its for, history, you will see that before every big run there is ALWAYS this churning and coins swapping hands to the next level ....
We need some trillion burns. Billions burned is still not much when we are talking about 500 trillion. I think they dev has something up his sleeve ....
BTC is a powerhouse of consolidation! The next run should be to $40k ..... all the fake "punts" never caused a selloff. All the old FUD headlinse has been used. SEC has lost two major cases against crypto. SEC failed to get POW coins (true crypto) recognized as security (Howey test still enforced). Blackrock is backing BTC (its gets no bigger than that). Even the FTX nightmare did not shake BTC.
There is always pullbacks but I am putting more in BTC .... blue skies ahead ....
BTC is showing really strong power. Massive consolidation over the past week. Ready to fly, imo
I call horse crap on loser being short. He called $30K was a good time to short, if he did, he suffered major losses.
BTC showing lots of strength
FTX staked $122 million SOL. NICE! This will even help BTC! We do not need some stupid azz FUD article, so that is a positive headline for all of crypto. Takes away the fear of dumping all they had.
$ 35,738
Safemoon not so safe !
BTC $34,550 / 24 hr high - $35,173 / 24 hr low - $34,299 /
I think SOL is going to be in trouble. FTX / Bankman-Fried rumblings in court could cause a halt on that token. Proceed with caution .... Lets hope it does not spill over into BTC
BTC headed back to $35K! WEEEEEEE!!! https://fiatleak.com/btc
Who do you think is picking up all the selling???? Not you ...
Maybe a visual will help you understand because evidently a L2 doesn't
https://fiatleak.com/btc
If you are confused about the SEC and BTC story, here is a really simple article that explains in simplified terms of why everyone is optimistic. Gensler speaks out both sides of his mouth. SEC approved futures but not the spot ETF. He really could not give a reason why the spot was not approved, so Grayscale sued and won. In a nutshell, Gensler has his gonads in a vice and not only will Grayscale be approved but more than likely several other spot ETF waiting in line will be all approved at once. This is another death blow to fiat.
Gary Gensler once criticized the United States securities regulator for its “inconsistent” approach to spot Bitcoin products, according to a resurfaced video of Gensler from 2019.
The video clip, which has recently made the rounds again on social media, shows the pre-SEC Gensler discussing blockchain regulation at the 2019 MIT Bitcoin Expo in a fireside chat with United States Securities and Exchange Commission Commissioner Hester Peirce.
“Bitcoin futures, and I think Ethereum futures and so forth, will exist, and Bitcoin ETFs have not, and that feels a little inconsistent to me [...] It feels a little inconsistent,” Gensler said.
“Even though the laws aren’t exactly the same, they’re quite similar,” he added.
Meanwhile, on X (Twitter), the crypto community couldn’t help but highlight the contrast with Gensler’s views toward spot Bitcoin exchange-traded funds (ETFs) today.
????”??Gary Gensler says Gary Gensler is wrong,” market analyst Zack Voell posted. “We missed out on chill and normal Gensler,” another X user remarked.
To date, the SEC has only approved Bitcoin and Ether futures ETFs.
Since as far back as 2017, the SEC has rejected spot Bitcoin ETF applications, a tradition carried on under Gensler, who has denied, delayed or pushed back recent spot Bitcoin ETF applications, claiming the funds don’t have protections for market manipulation.
Gensler’s SEC was sued by asset manager Grayscale for rejecting its bid to convert its existing Bitcoin trust into a spot ETF.
A court ruled the SEC was “arbitrary and capricious” to reject the application. The SEC did not appeal the decision.
BTC is now backed by Blackrock. Fully integrated into their financial network. That is 1/3 of all GLOBAL money! It is a no brainer that BTC is headed to $1 Million. Crazy John McAfee predictions are going to be right. WallStreet was crying Tulip Scam while they were secretly integrating BTC into their platforms. Now several ETF are soon to be SEC approved. Nothing but blue sky ahead with some minor pullbacks.
I thought this was a piece of shit that was going to die?
WoW! Consolidating for a big mega run! This is crazy, We might jump to $60K on the next one .... I was thinking $40K but tons of buying has me thinking otherwise. Very little selling and crashing the bid ...
SHIB is unique, they are very committed to community burn. It really is amazing how it works and its very heavily used. So, there will only be decreases on SHIB. That token has a great founder. ETH founder is the same person behind SHIB. He made the statement "whatever it takes to get SHIB to .05 (5 cent) , I am committed and it will happen at some point."
I hold plenty of SHIB. It has already made several people wealthy, I wont miss the next run.
I personally think the founder is buying trillions and is going to shock the world when he burns 400 trillion at one. He has already hinted at that.\ and did it a few years back. He is going to repeat the same thing.
True crypto (PoW) the short answer is No! they can split the chain (i.e. BTC split off into BCH) and their has to be consensus from miners to do that. But the orginal chain always exists. Token are different (PoS).
Gold spot price broke $2000. Everyone is fleeing the US dollar, and for good reason.
LTC whales are in the water again ....
Does anyone else see what is happening? Someone is hitting 7 BTC every few seconds! damn
I know it sucks to miss a run, but blaming everyone else for your ignorance is really sad. -----
The infrastructure needed for todays BTC is trillions of dollars worth of equipment alone, get real dude. Thousands and thousands of devs pour hours and hours into integration of crypto development......
And please take Bob Ross pic off, you insult such a peaceful guy ....
DANG! SOMEONE IS SPANKING THAT ASK!!!! BACK TO 34K
You may have a point - current headline "Israel says it is expanding ground operations tonight, major explosions rock Gaza border"
It's called L2
The big boys are holding BTC at 34K, until they are done loading, we are going no where. But, this is good news! The selling is being soaked up! CHOMP CHOMP!!!! Lot of big boys believe $34K is a good loading zone.
Amazing that all the selling is getting gobbled up! HAPPY THANKSGIVING! GOBBLE GOBBLE GOBBLE!
really enjoy fiatleak since you shared the link. Solid visual
BTC has that boom boom pow, wallstreet trying to jack that style!!!