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Fundamental drivers of the cryptocurrency market

  • #101
  • Edited 4:09am Nov 7, 2019 1:23am | Edited 4:09am
Quoting yg10
{quote} {quote} So questions were: 1. Why do think that word "driver" has positive connotations. 2. How that may be a factor for currency that does not exist yet? 3. Why you can not correctly read 3 character word/ I think that those questions should clearr for anybody but Mrs. Stuart our micro genius (or rather nano genius).
The answers were clearrr above... but you need to pay attention and read carefully, Yogi.
1. In this context "driver" obviously is referred to as incentive, stimulus, stimulant, impetus, spur, drive. Please don't tell me you need explanations why those are only positive in connotation;
2. I have used the word prospective renminbi. The idea was very simple but you stups get confused in words, governments will never undermine their own power by supporting private blocks;
3. Why can't you understand a four character word?

Ok, you won, I'm the idiot, because I bother to play with you, trolls!
Member
  • #102
  • Nov 7, 2019 2:45am Nov 7, 2019 2:45am
Quoting TudorIoan
{quote} Answer what, moron? Oh, you flatter yourself, wanker?!? You're just another pathetic hater, Yogi. All twisted fallacies, boring, buzz off! edit: Hey, Yogi! Don't check 'vocabulary', I'll help you, buzz means fuck, alright? Byeeeee
Quoting TudorIoan
{quote}Ok, you won, I'm the idiot, because I bother to play with you, trolls!

Tudor, your the biggest troll on this forum and I'm saying that respectfully. You should keep your trolling to the thread you created "Honorable Bitcoin."
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  • #103
  • Edited 3:13am Nov 7, 2019 2:48am | Edited 3:13am
Quoting TMR
{quote} {quote} Tudor, your the biggest troll on this forum and I'm saying that respectfully.
My posts makes sense, buddy! But I'm proud you call me that!
Member
  • #104
  • Nov 18, 2019 6:07am Nov 18, 2019 6:07am
With the bitcoin block reward halving less than six months away, I thought some might find this to be useful.

https://www.binance.vision/halving

https://medium.com/swlh/bitcoin-halv...w-4573dc5b528e
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  • #105
  • Dec 4, 2019 8:30am Dec 4, 2019 8:30am
Bitcoin’s Quarterly Returns Over the Last 6 Years
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  • #106
  • Dec 19, 2019 2:22am Dec 19, 2019 2:22am
Bakkt Bitcoin Monthly Futures have set an all time high trade volume 12/18/2019

Traded contracts: 6601 ($47.30 million, +74%)

Open interest: $3.98 million (-39%)
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  • #107
  • Edited 5:09am Dec 19, 2019 3:53am | Edited 5:09am
And here's a piece of honest information which shows what was the fundamental driver of the cryptocurrency market for the last spike:

On Binance, the largest BTC market, 1,000 bitcoins changed hands in two minutes, with prices falling $61.60 to $6,509.91.
It slipped below $6,500 on other exchanges.

Yet a minute later, 897 were traded on the exchange and prices seemed to stabilize at around $6,537.
The lull was short-lived; another selloff with 986 bitcoins finding their way to new accounts.

Buy orders flooded markets and bitcoin gained $74 in two minutes, closing at $6,596
The candlesticks that trudged through the mud minutes before suddenly had a quicker step.
Short after that bitcoin was trading hands at $6,900 apiece.

Woah, fascinating cryptocurrency!
Member
  • #108
  • Jan 31, 2020 11:48am Jan 31, 2020 11:48am
There is a macro environment that is developing, which, if it plays out, could propel BTC to new all time highs.

There has been a recent rally in BTC (and other Alt Coins), potentially showing Bitcoin to be a risk off preference for investors, at a time when world trade is negative.

Now we have the Coronavirus. It’s not the virus but the reaction by governments that could fuel the big moves. Think about it, if supply chains are severely disrupted by regional & international travel bans/restrictions, the knock on effect is heightened fear levels & global demand shocks.
We’ve already seen big moves down in the commodity currencies with Oli bang on trend for pricing in demand threats.

The virus has spread, the reaction by governments will too. This could be the start of severe global trade restrictions, right off the back of trade wars.
I don't think it’s doom & gloom to expect governments to over-react to this threat.
(Only time will tell if this is the right reaction)

LONG BTC.

& I’ll bank profits the moment an antidote/cure is found (excluding fake news).

Just my humble opinion.
Black Swan Event?
  • #109
  • Feb 9, 2020 4:39am Feb 9, 2020 4:39am
<p>
Quoting TMR
Tudor, your the biggest troll on this forum and I'm saying that respectfully. You should keep your trolling to the thread you created <a href="https://www.cryptocraft.co....blaaaaa noopener">;Honorable Bitcoin.</a>
That he is!!! 👍👍👍

You should give credit to the Sheeple when credit is due 😂😂😱

I like your macro long view and tables TMR 👍👍🍻

Bitcoin is 10k today, not bad...start... 👍🍻😱
Beware of robber banks (RB), bad advisors.
  • #110
  • Edited 5:08am Feb 9, 2020 4:53am | Edited 5:08am
Haters will hate reason
Crypto sick wannabes feel small and hurt by the smart people
Look, they lose their minds for 10K ...teeny imbeciles
Member
  • #111
  • Oct 22, 2020 2:59pm Oct 22, 2020 2:59pm
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  • #112
  • Oct 22, 2020 2:59pm Oct 22, 2020 2:59pm
for those on denial .. lol
  • #113
  • Oct 22, 2020 3:28pm Oct 22, 2020 3:28pm
Quoting Tragruel
for those on denial .. lol


Not bad 10-11% in two days.

Happy 13k.



The dirty gold dropped what 1%.
Beware of robber banks (RB), bad advisors.
  • #114
  • Oct 22, 2020 3:30pm Oct 22, 2020 3:30pm
Fundamental driver
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Beware of robber banks (RB), bad advisors.
  • #115
  • Dec 16, 2020 11:19am Dec 16, 2020 11:19am
Like clockwork.
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  • #116
  • Dec 24, 2020 1:25am Dec 24, 2020 1:25am
https://www.microstrategy.com/conten...es-in-2020.pdf

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  • #117
  • Edited 3:54pm Feb 10, 2021 3:08pm | Edited 3:54pm
$100K in play for 2021.

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  • #118
  • Sep 10, 2021 7:15am Sep 10, 2021 7:15am
We all saw what happened to the market when El Salvador's plans for Bitcoin came into effect. Panama announced they have similar plans to legalize crypto, I expect once those come to fruition we will see another shake up.
  • #119
  • Last Post: Edited 4:02am Apr 3, 2025 1:16am | Edited 4:02am
Quoting TMR
$100K in play for 2021. {image}
Target lagged by 48 months, however the fundamentals have never been stronger.

https://x.com/WhiteHouse/status/1898446369674936755

https://www.ishares.com/us/products/...coin-trust-etf

https://www.strategy.com/purchases

https://www.blockchain.com/explorer/charts/hash-rate
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