for any news, the bitcoin price is the first market indication of how people feel about it.
markets are emotional voting machines, and bitcoin is open 24/7.
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"Get on the program, Jack Dorsey!"
🥱 - Bitcoin
🎯-#nostr
So the price being unchanged means that people don't care about this recent news? Well, at least people buying bitcoin don't care 😂
And yet, everyone will be talking about lasereyes for the next few hours
Solo #bitcoin
El resto es basura
The only true free market left
Bitcoin is savage 😎 been bootstrapping my startup with it for the past year. Although america doesn’t seem to care much for our focus which is education and ai for home learning 😂
I think this quick dip and spike was more a result of computer trading and not really emotion. They are programmed to sell on any "shock news" no matter the asset or content of the actual news itself (would have looked the same for the stock market had it been open). The quick recovery is then the opposite more rationale reaction as in "Meh,it doesn't really matter in the end "
Doesn't change the fact that bitcoin is a 24/7 pulsemeter to the news though.
First reaction was indeed a sharp drop. There is the answer. However, IDGAF. #Bitcoin does its thing since its inception 📈
chaos in the news. harmony in the Bitcoin.
Joey B resigned because he wasnt invited to the Bitcoin Conference. The quick dip was him rage quitting his BTC stack.
Does this include non-financial news?
100% ! Jack's right
If anyone wants to check some charts to better understand the market, here's a FOSS, free Glassnode: https://satonomics.xyz
Bitcoin knows!
Emotional and logical
#yestr
btc is just gold: a new advance crypto will be created soon by the next full moon
Every case leads to an upswing.
So einfach ist das. :)
the technical term is "traphouse jumpin"
Trump bump was already priced in
But it is good to have a 24/7 barometer
Doubtful. Bitcoin does its own thing and doesn't care about the news - otherwise we wouldn't have halving based cycles but news based cycles.
Indeed 🎯🙌🫡
seemingly, it’s teaching us that to eventually reach stability we must first account for all of our emotions
Very Keynesian of you.
no. everyone just keeps the coins and is in no hurry to part with them. 94% of all coins have already been issued. but there is still no exchange of coins for goods. when will this happen? What % of coins must be issued for Bitcoin to become a medium of exchange and unit of account? 21 million coins is not only an advantage, but also a curse for Bitcoin. this is a limitation that has turned Bitcoiners into gnomes within their closed sect. no one wants to spend. everyone is just accumulating. you keep talking about bad government. but the government is in no hurry to harm you. you are harming yourself. the government only follows Gresham's law. The main thing for him is not to go beyond reasonable inflation limits. nothing else. it watches our eyes sparkle and our drool flow as coins rise in value. and smiles slyly into his beard. dollars and bitcoin obey Gresham's law. Bitcoin will never become a unit of account and a medium of exchange as long as the government prints dollars.
Prices are set at the margins. And a decent percentage of those at the margins react to news and hype 🤷
I just had lunch and paid in bitcoin. Your argument is invalid. 
I just bought a rare book from a person across the world from me with Bitcoin.
This is the second best indicator
I buy weed online with bitcoin. I’m sure you can find lots of things to buy with bitcoin if you do some looking. Most of these rancher accept bitcoin at beefinitiative.com
progress is a process/ np here/ friction @ first to easyaction!
Bitcoin is the signal in a swarm of noise
if by people you mean the hedgies that splash around in the very shallow pool that is bitcoin
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I remember November 4th, hmm, I wonder who won? Looked at the price, ah, good to know. Bitcoin is the truth machine, 24/7