• IP addresses are NOT logged in this forum so there's no point asking. Please note that this forum is full of homophobes, racists, lunatics, schizophrenics & absolute nut jobs with a smattering of geniuses, Chinese chauvinists, Moderate Muslims and last but not least a couple of "know-it-alls" constantly sprouting their dubious wisdom. If you believe that content generated by unsavory characters might cause you offense PLEASE LEAVE NOW! Sammyboy Admin and Staff are not responsible for your hurt feelings should you choose to read any of the content here.

    The OTHER forum is HERE so please stop asking.

Good Old Trump wonderful plan to end all Murika Debt Problem…..no money give u, but can give u 35trillion Bitcoin mah, Kym?

End Result :
satu HDBee Hardland Pigeon hole = One Bitcoin?
 

Bitcoin’s Fear and Greed Index Peaks: Could a Market Correction Be Near?​

By:
Julia Magas
Published: Nov 11, 2024, 17:29 GMT+00:00
Bitcoin’s (BTC) unprecedented rally has taken it to new heights, reaching an all-time high of $81,800 as Asian trading opened on Monday, November 11.
Bitcoin and bull. FX Empire


In just one week, the cryptocurrency gained 18%, marking a nearly 93% increase since the beginning of 2024 and an impressive 400% jump from its bear market low of $16,000 in November 2022. This surge followed Donald Trump’s recent presidential election win and a weekend rally that pushed Bitcoin up another $5,000, even with traditional markets closed.

Extreme Greed in Investor Sentiment​

As Bitcoin soars, investor sentiment is also heating up. The Fear and Greed Index, which gauges market emotion from “fear” to “extreme greed,” rose from 49 to 76 points in just a month, indicating a shift into the “extreme greed” zone.
 
Historically, when the index reaches this level, it often suggests overbought conditions in the market. Such sentiment can sometimes serve as a precursor to a market correction, as seen in late October, when Bitcoin dropped 7% in just a week after the index spiked.

Rising Risks for Short-Term Traders​

A rise in the Fear and Greed Index to “extreme greed” levels often signals an overheated market, with assets becoming overvalued. With heightened “extreme greed,” speculative traders may view the current environment as a cue to consider taking profits, anticipating that sharp gains may soon invite a reversal. For experienced investors, elevated levels of greed can signal caution: in a market driven by euphoria, even minor price shifts can trigger volatility and, potentially, rapid sell-offs as traders rush to secure gains.

Psychological Indicators and Market Trends​

The Fear and Greed Index incorporates multiple factors — volatility, Bitcoin’s market dominance, social media discussions, and Google search trends. By assessing these elements, the index offers a psychological lens into potential market extremes. In cases of “extreme greed” (scores between 75 and 100), markets may be overbought, implying a need for vigilance. Investors taking a cautious, phased approach to buying or choosing a wait-and-see strategy may mitigate the impact of potential fluctuations if a correction materializes.

As Bitcoin’s price continues to soar, so do concerns about the sustainability of such rapid growth. If history is any guide, extreme levels on the Fear and Greed Index may indeed signal a market correction risk, underscoring the importance of a cautious approach amidst the current bullish sentiment.
 
It’s ‘Unsustainable’—Tesla CEO Elon Musk Issues Serious U.S. ‘Bankruptcy’ Warning As Bitcoin And Dogecoin Fuel $3 Trillion Price Boom

Billy Bambrough


Nov 12, 2024,07:48am EST
Updated Nov 12, 2024, 07:52am EST
11/12 update below. This post was originally published on November 10

Elon Musk, the Tesla billionaire who hit the campaign trail on behalf of U.S. president-elect Donald Trump, has been warning recently over a looming "financial emergency."
 
Bitcoin to top $100,000 before year-end, according to bettors on Kalshi
PUBLISHED TUE, NOV 12 2024 2:11 PM EST
UPDATED 5 HOURS AGO

Lisa Kailai Han
@LISAKAILAIHAN
Jesse Pound
@JESSERPOUND
@/IN/JESSE-POUND
WATCH LIVE
KEY POINTS

Sixty percent of Kalshi bettors believe that bitcoin could top $100,000 by year's end.
Forty-five percent of users bet that the cryptocurrency could hit the milestone this month.
Bitcoin was last trading just under $89,000 following a 10% rally Monday.
In this article


Bitcoin is trading near record levels, and Kalshi users are betting that the cryptocurrency could reach $100,000 before the end of 2024.

Kalshi data on Tuesday showed that 60% of users are betting that bitcoin could hit the $100,000 mark before January. Additionally, 45% of users wagered the flagship cryptocurrency could reach the level in November.
 
Recap back 4 weeks ago


Tesla moves $765 million in Bitcoin to unknown wallets, putting Musk’s crypto plans in the spotlight

BYGREG MCKENNA
October 16, 2024 at 11:43 PM GMT+8
Elon Musk sits and watches the U.S. Open.
Tesla founder and CEO Elon Musk
GOTHAM/GC IMAGES/GETTY IMAGES

Elon Musk’s curious relationship with crypto has taken another turn. According to blockchain analytics platform Arkham Intelligence, the company has moved approximately $765 million worth of Bitcoin to unknown wallets. It’s unclear whether the EV maker, the fourth-biggest holder of Bitcoin among U.S public companies, per BitcoinTreasuries, has plans to sell.

Tesla did not immediately respond to a request for comment or confirmation of the transfer. Among U.S. public companies, only software company MicroStrategy and Bitcoin mining firms MARA Holdings and Riot Platforms hold more of the cryptocurrency.

Tesla’s Bitcoin represents significantly less than 1% of its nearly $700 billion market capitalization, however. For those other three companies, the cryptocurrency accounts for roughly 25% or more of their respective valuations.

Tesla’s foray into Bitcoin

Tesla originally invested $1.5 billion in Bitcoin in 2021. It was yet another bold show of risk tolerance for Musk, now a famous fan of the memecoin Dogecoin, who predicted the investment would help the company maximize returns on cash and help it accept crypto payments for its vehicles. The announcement led to Bitcoin’s price surging by over $10,000.
 
the fuck ideas these lazy bastards come up with.....good thing other countries also can nuke them nowadays if they dont pay
Actually Elon is right.
Disbanding of the FedBank and reigning in and putting it under US govt control is impossible.
The best thing now is to move away from USD and create a new currency, $USB (USBitcoin) fully under US govt control.
FedBank will die a natural death.
However, something else may happen before that.
The Deep State will assassinate Trump just like JFK.
Right now they will be going after Elon first, for being the brains behind Trump.
 
In a noteworthy technical milestone, XRP has achieved a golden cross — this time on its four-hour charts. A golden cross, often viewed as a bullish signal, happens when a short-term moving average, such as the 50-period moving average, crosses above a long-term moving average, such as the 200-period moving average. A golden cross, especially on a four-hour chart, is viewed as an indicator of short-term price movement, suggesting that bullish sentiment may be on the horizon. However, golden crosses are not always foolproof, and their success often depends on other factors, such as broader market trends, trading volume and macroeconomic conditions.

Read more on U.Today https://u.today/xrp-just-secured-golden-cross-details-0
 
To stop high inflation associated with energy

Trump can jitao Drill Baby Dill and crash international oil price, this will further weaponize USD as usd floating in global market dwindles

Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say​

PUBLISHED TUE, NOV 12 2024 10:35 PM EST

Lee Ying Shan
@LEEYINGSHAN@IN/YING-SHAN-LEE
WATCH LIVE

KEY POINTS
  • Oil prices may see a drastic fall in the event that OPEC+ unwinds its existing output cuts, said market watchers.
  • A decline to $40 a barrel would mean around 40% erasure off current crude prices.
  • However, the alliance is more likely to opt for a gradual unwinding early next year, compared to a full scale and immediate one, the analysts said.
A pump jack in Midland, Texas, US, on Thursday, Oct. 3, 2024.

A pump jack in Midland, Texas, US, on Thursday, Oct. 3, 2024.
Anthony Prieto | Bloomberg | Getty Images
Oil prices may see a drastic fall in the event that oil alliance OPEC+ unwinds its existing output cuts, said market watchers who are predicting a bearish year ahead for crude.
"There is more fear about 2025's oil prices than there has been since years — any year I can remember, since the Arab Spring," said Tom Kloza, global head of energy analysis at OPIS, an oil price reporting agency.
 
Who is this Lee Ying Shan? He thinks that OPEC+ is as dumb as himself? They've got more tricks up their sleeves to counter Trump.
 
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