1 BTC = $8.2k, it’s up 735% this yr UPDATE 5/19: BTC @ $42k :damn:

[klientel]

So basically the best result for judgement day will be a high enough interest rate increase to show that the fed are taking serious action unlike the tiny increases that their inflated ego's have been doing so far to put a bandage over the wounds?

Yep I’m no expert on economics but I talk to a lot of guys at work who live and breathe this stuff and they have been saying for months we needed a major rate hike

 

[The Observer]

Chart is all just noise until after the meeting . Man feel like i'm waiting for exam results.

I been trading forex and stocks for about 8yrs, I usually find the bigger moves happen the day after the meeting. Just something to keep in mind.

Yep I’m no expert on economics but I talk to a lot of guys at work who live and breathe this stuff and they have been saying for months we needed a major rate hike

Higher interest rates is the tool used to combat high inflation and bring the markets down, so anyone with an economic background will understand the playbook, hence why the market players are always 2 steps ahead.

 

[BucciMane]

Yep I’m no expert on economics but I talk to a lot of guys at work who live and breathe this stuff and they have been saying for months we needed a major rate hike

There are pros and cons to raising rates. But, this clueless administration has no other choice right now.

It can help take inflation down, but tech companies will hurt and unemployment can increase.

 

[BornStar]

Chart is all just noise until after the meeting . Man feel like i'm waiting for exam results.

There is a possibility it could be priced in already.

 

[cheek100]

See y’all after the carnage
For the good times

 

[Virtuous_Brotha]

.75 official then? probably the best outcome shows they are taking it serious. no more punk azz selling please

 

[mannyrs13]

.75 official then? probably the best outcome shows they are taking it serious. no more punk azz selling please

biggest rate hike in many years. prolly will dip further down. especially as rest of the world starts trading. hopefully it goes back up slowly but steadily tho.

 

[JJ Lions]

So far a bump. Some of mine are up 10% last hour, 6% overall. Already going back down a little. We’ll see overnight, give it the rest of day/week to see real impact.

 

[Originalman]

Money printer Homie Powell hit us with 75 base points. Man that shyt made bitcoin catch all my limit buys between 20K and 21K.... .

Well I guess them I series Bonds gonna stay at 9.6% the next 6 month go around... and powell finna hit us with another 75 base points next month....

 

[Apollo Creed]

We buying the dip right?

 

[ORDER_66]

We buying the dip right?

What dip???

 

[Slimkid07]

So far a bump. Some of mine are up 10% last hour, 6% overall. Already going back down a little. We’ll see overnight, give it the rest of day/week to see real impact.

Yea. Lately, the real pain happens between 5pmPST/8pmEST to 1amPST/4amEST.
Blood hours.

 

[Virtuous_Brotha]

Was expecting a heart attack checking my portfolio but a nikka still damn near six figures deep. Link ain't doing too bad at all

 

[Tres Leches]

We buying the dip right?

All day

 

[ORDER_66]

Was expecting a heart attack checking my portfolio but a nikka still damn near six figures deep. Link ain't doing too bad at all