Gold features an anti-halving property. When demand increases, machinery and fuel are marshaled to increase supply


at caps: there were positive ETF flows yesterday but spot declined a few grand- which might just be an artifact of IBIT's T+1 reporting delay. Perhaps ETF activity doesn't even accurately reflect spot, at least not on higher time frames

Price declined as a consequence of events from last month and Morgan Stanley stated today that they don't expect a December rate cut anymore. That was the trigger for an already unstable environment. Here you go..

https://markets.financialcontent.com/talkmarkets/article/marketminute-2025-11-20-morgan-stanley-reverses-course-drops-december-fed-rate-cut-forecast-amid-resilient-economy

I find this horrifying. Because it could actually be real.  You can't really know whether that's a joke or not.  Even though it is obviously tongue in cheek (which I don't know that I want to use that phrase in this context), i'm pretty sure there are people ordering these things because they want to be able to give them a "loving embrace".

This has to be pretty close to the end of the world at this point.

I’m mid to long term bullish, I have to be, most of my entire net worth is in Bitcoin. I just think it’s the end of the cycle, which magically (or not) has landed in Q4 of a post halving year again.

For me to be wrong (I hope I am) and turn short term bullish again, we’d need to reclaim 100k and trade above it before the end of Q1 2026. Maybe in that scenario I’d be wrong, the four year cycle would be dead and we’d power to multiple new all time highs in 2026. I really hope that’s what happens but I doubt it, I’ve seen this movie before.


I still think ETFs buy Paper Bitcoin, until proven otherwise.

Max Keiser?

Feel free to send me some.

i get capitalism and believe in it bigly but man some things should not be developed, much less sold

Frequently the bitcoin market is difficult to decipher, and like always one the most important matters is for each of us to assess ourselves and where we are at in our own bitcoin accumulation journey.  An overwhelming quantity of normies do not have enough BTC.. so the current BTC market seems to provide an opportunity to buy more BTC for the same quantity of money, yet each person has to figure out their budget and figure out how much they are able to use to buy bitcoin, and figuring out the market likely does not even play a very strong role.. at least not for the newbie investor.

As we invest into bitcoin for a while and we accumulate more and more bitcoin, we may well get to a point that we feel that we have enough bitcoin or more than enough bitcoin, so price drops, like our current one, could end up inspiring someone to continue to buy BTC, even if he had been considering that he had enough or more than enough BTC.ear

You have a year and half in bitcoin, perhaps? going by your forum registration date.  How are you dealing with current BTC price dynamics?

Learning is significant to knowledge acquisition. Flexibility still matters when relating to others opinions.
I gat everything you have passed here. Learning to get informed
[/quote]

Well there is learning and there is acting, and they can snowball upon each other and reinforce each other. Besides just thinking about bitcoin and/or surveying other members regarding their feelings, what are you doing for ur lil selfie?  And, how does that relate to bitcoin?


Not me.

I will buy if it gets there.. but I don't want to do it.

I bought most of my cornz more than 10 years ago, so I have largely been prepared for UP for more than 10 years.. Mostly.


You really waiting for sub-$70k-ish?

Gotta give it to you to let it play out.. I get way too nervous whenever i sell any meaningful amounts of cornz... especially if my intention is to buy back cheaper - or even just spend and replace.

I have a tendency to want to buy them back sooner rather later, so I suppose that there is a need to get into the proper mindset ...

Something like $70k or lower is getting more and more realistic the closer we get to it, yet I am still not very confident that something like $70k is going to happen...


Sure there needs to be buying for the BTC price to go up, and so bitcoin's adoption seems to be a product of the growth of 7 areas of network effects that were outlined by Trace Mayer in 2014-ish.  We have heard many nonsense claims about bitcoin needing to produce a dividend in order for it to be a valuable investment, which over the years has surely led folks to poorly considering the value in holding bitcoin and also has lead them to seeking out value in inferior products, such as those products that offer yields (and/or some other benefits).

Bitcoin is designed forever, and yeah, maybe it won't go up because demand will dry up, yet you are spouting out such claims and the actual evidence is the opposite.  The more time that passes, the more and more we see demand increasing, even though much of retail seem to be failing/refusing to establish their own favorable stake in the thing that is likely to be the best investment (even though it is not guaranteed.. Bitcoin is a asymmetric bet to the upside and the most that anyone can lose is 100% as long as they do not employ leverage or engage in other games such as trading and/or getting distracted into shitcoins and/or other inferior products).

Ultimately position size is important with bitcoin, and surely for normies it can take years to establish a position size that is meaningful, yet there are still needs to get started since bitcoin remains available to everyone and everyone, even there might be attacks upon it that are trying to cause it to ONLY be a tool (and toy) for the rich, so i had been considering that normies were largely getting screwed by various aspects or the rich, governments and/or institutions coming into the space and pumping it, so in some sense dumps like these remain opportunities for normies to get more coin for less money, even though many of us likely realize that not too many normies are taking advantage of dump like these... which also would be nice for some rich folks to get reckt in order to indirectly benefit normies... and yeah, normies tend to not recognize their opportunities to enter into bitcoin even though my own proclamation is that it is always time to enter bitcoin for normies, whether there is a dip or not.

Not yet, but this is his second stint...the first one was in 2000-2001.

I am taking a contrarian view here...the intensity with which WS is pushing it down suggests with at least a 50:50 possibility that something bullish is coming shortly.
Both MSTR and STRC got a lot of "block" volume today (and in the last few days).