create account

The Crypto Market: That Placebo Effect by josediccus

View this thread on: hive.blogpeakd.comecency.com
· @josediccus ·
$16.69
The Crypto Market: That Placebo Effect

![20231209_145438_0000.png](https://files.peakd.com/file/peakd-hive/josediccus/23w2sG9JMgP8nSPJ8hCkkAbaEcyHt91QgjvHjHJqyXoqSG1exTWF1ddgvCPuoWRdi1cgM.png)




I woke up today to see BTC at 44k, normally this shouldn't mean anything to me, I don't own any BTC, and sold every alt I own (talking about spending on emergency in an unfavorable market situation) but I decided to tap into the market positivity to create a **placeboic hope.** The effect was short-lived, I the ripple effect still feels residual. Hive had a tiny increment, not that I'm checking, but this was a bit noticeable. 


However, comparing it to how some other alts are doing is crucial to measure the mean average performance of altcoin in a rejuvenated market. I don't want to throw the word "bull market" We're only seeing a run at the moment, and this run would have to span through months of upward price movement with minimal correction to be called a "bull market". Right now, I can only say the market is in a positive mode, and provided there's no correction below 38k till the closing of the year, then we might just be in business. 


Now we cannot categorically say a run is a run without a symmetric attraction of alts as well. I know there will be a correction, but I can't categorically say when. However, a lot of people already know there will be a correction, and whether the alts will move up before the correction, or drop during the correction without really going up, we cannot exactly say. I feel that the correction is likely to tilt the prices of the alt a bit downward (nothing too much to worry about) maybe not too noticeable. For people who are day traders, knowing some of these things might help them greatly. 


I haven't been following much into what's been happening. Twitter was hot on these gists of Blackrock and Michael Saylor, but I guess that if the alts are not truly moving in synchrony with BTC, then there's really nothing much to discuss. Without crazy corrections, BTC might hold 40k till the year ends, if not, then 38 to 40k is still a good figure. I cannot categorically talk about Hive because alts have been stale, but finishing at 40 cents for the year won't be so bad. For me, this is my baseline analysis for the market. 


I'm here sitting, being hopeful about my health situation. It's been five weeks now of going from one specialist to another, and it was a better week because I had the company of a friend. I cannot predict the outcome of next week as he might have to go back to work. However, the only option I have now is to find a way to stay positive, as this is the only prognosis going forward.


 I've recovered a bit from the fever I had a few days back, my heart rate is better a little, and I'm hoping this happens with the electrolyte levels (which I cannot say without another serum test) and the urine too (I know this one might take months to happen) I'll continue to look at the price action and monitor the movement of the market. 








👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 168 others
properties (23)
authorjosediccus
permlinkthe-crypto-market-that-placebo-effect
categoryhive-167922
json_metadata{"app":"peakd/2023.11.3","format":"markdown","tags":["crypto","inleo","neoxian","hive","hive-engine","vyb","waivio","ctp","proofofbrain"],"users":[],"image":["https://files.peakd.com/file/peakd-hive/josediccus/23w2sG9JMgP8nSPJ8hCkkAbaEcyHt91QgjvHjHJqyXoqSG1exTWF1ddgvCPuoWRdi1cgM.png"]}
created2023-12-09 13:58:18
last_update2023-12-09 13:58:18
depth0
children18
last_payout2023-12-16 13:58:18
cashout_time1969-12-31 23:59:59
total_payout_value8.362 HBD
curator_payout_value8.324 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length2,989
author_reputation2,577,551,055,896,670
root_title"The Crypto Market: That Placebo Effect"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id129,534,381
net_rshares35,666,891,027,928
author_curate_reward""
vote details (232)
@amestyj ·
Greetings, I hope you finish improving your health soon.
properties (22)
authoramestyj
permlinks5ena2
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2023-12-09 15:06:06
last_update2023-12-09 15:06:06
depth1
children0
last_payout2023-12-16 15:06:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length56
author_reputation208,522,170,989,398
root_title"The Crypto Market: That Placebo Effect"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id129,535,766
net_rshares0
@djbravo ·
The market as it is at the moment we are looking in a bit of a bad position and it can definitely go down a bit from here to around 38 thousand and we will see after that it will start to go up again. 
properties (22)
authordjbravo
permlinkre-josediccus-20231210t22151173z
categoryhive-167922
json_metadata{"tags":["crypto","inleo","neoxian","hive","hive-engine","vyb","waivio","ctp","proofofbrain"],"app":"ecency/3.0.37-vision","format":"markdown+html"}
created2023-12-10 17:01:51
last_update2023-12-10 17:01:51
depth1
children0
last_payout2023-12-17 17:01:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length201
author_reputation353,849,979,354,743
root_title"The Crypto Market: That Placebo Effect"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id129,561,716
net_rshares0
@empress-eremmy ·
$0.04
I often take speculations with a pinch of salt. Yet $100k BTC doesn't seem that far off anymore. Same goes for a $5 Hive. A bit farther than BTC but it is definitely within the realms of reality
👍  
properties (23)
authorempress-eremmy
permlinks5elot
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2023-12-09 14:31:42
last_update2023-12-09 14:31:42
depth1
children1
last_payout2023-12-16 14:31:42
cashout_time1969-12-31 23:59:59
total_payout_value0.022 HBD
curator_payout_value0.022 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length194
author_reputation537,648,744,139,936
root_title"The Crypto Market: That Placebo Effect"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id129,535,112
net_rshares95,726,312,998
author_curate_reward""
vote details (1)
@josediccus ·
It's within the realm of reality like you've said. Basically I feel that 100 to 120k for BTC is very possible.
properties (22)
authorjosediccus
permlinks5eup2
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2023-12-09 17:46:15
last_update2023-12-09 17:46:15
depth2
children0
last_payout2023-12-16 17:46:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length110
author_reputation2,577,551,055,896,670
root_title"The Crypto Market: That Placebo Effect"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id129,538,986
net_rshares0
@jfang003 ·
$0.04
I am glad to hear that you are feeling better. 

As for BTC, I think the first stage is generally just BTC moving. It's up to the market to see if that does translate into the alts later on. It's going to be a while but I need to see some more risk-on in the market for the alt season to happen.
👍  
properties (23)
authorjfang003
permlinkre-josediccus-222fcbll
categoryhive-167922
json_metadata{"app":"leothreads/0.3","format":"markdown","tags":["leofinance"],"canonical_url":"https://inleo.io/@jfang003/re-josediccus-222fcbll","isPoll":false,"pollOptions":{},"dimensions":[]}
created2023-12-10 07:48:36
last_update2023-12-10 07:48:36
depth1
children1
last_payout2023-12-17 07:48:36
cashout_time1969-12-31 23:59:59
total_payout_value0.022 HBD
curator_payout_value0.022 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length295
author_reputation633,925,423,914,597
root_title"The Crypto Market: That Placebo Effect"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id129,551,889
net_rshares98,431,014,833
author_curate_reward""
vote details (1)
@josediccus ·
You're right, it might take a lot more for the alts to move along with BTC. The market isn't ripe, hopefully. Next year will determine a lot of things
properties (22)
authorjosediccus
permlinks5fz0w
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2023-12-10 08:17:21
last_update2023-12-10 08:17:21
depth2
children0
last_payout2023-12-17 08:17:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length150
author_reputation2,577,551,055,896,670
root_title"The Crypto Market: That Placebo Effect"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id129,552,239
net_rshares0
@joanstewart ·
$0.06
You win some, you lose some that's life let us hope more positive into the new year.

Take care of your health and take care. 

!LUV
👍  , ,
properties (23)
authorjoanstewart
permlinkre-josediccus-s5ensd
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.11.3"}
created2023-12-09 15:17:00
last_update2023-12-09 15:17:00
depth1
children3
last_payout2023-12-16 15:17:00
cashout_time1969-12-31 23:59:59
total_payout_value0.028 HBD
curator_payout_value0.027 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length132
author_reputation393,509,389,252,220
root_title"The Crypto Market: That Placebo Effect"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id129,535,940
net_rshares122,381,855,236
author_curate_reward""
vote details (3)
@josediccus ·
This is true. Thank you for your kind words, always.
properties (22)
authorjosediccus
permlinks5eun1
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2023-12-09 17:45:00
last_update2023-12-09 17:45:00
depth2
children1
last_payout2023-12-16 17:45:00
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length52
author_reputation2,577,551,055,896,670
root_title"The Crypto Market: That Placebo Effect"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id129,538,958
net_rshares0
@joanstewart ·
Life teaches us how to find a way, be happy and kind to self.
properties (22)
authorjoanstewart
permlinkre-josediccus-s5g96q
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.11.3"}
created2023-12-10 11:56:51
last_update2023-12-10 11:56:51
depth3
children0
last_payout2023-12-17 11:56:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length61
author_reputation393,509,389,252,220
root_title"The Crypto Market: That Placebo Effect"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id129,555,723
net_rshares0
@luvshares ·
<center><p>@joanstewart sent you LUV 🙂 <sub>(3/10)</sub></p>
<p>Made with <a href="https://hive.blog/@luvshares">LUV</a> by <a href="https://hive.blog/@crrdlx">crrdlx</a></p></center>
properties (22)
authorluvshares
permlinkre-re-josediccus-s5ensd-20231209t151716z
categoryhive-167922
json_metadata"{"app": "beem/0.24.26"}"
created2023-12-09 15:17:15
last_update2023-12-09 15:17:15
depth2
children0
last_payout2023-12-16 15:17:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length183
author_reputation5,651,102,754,153
root_title"The Crypto Market: That Placebo Effect"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id129,535,946
net_rshares0
@rafzat ·
I just want to see how far this pump will go and what price Hive will be by the time we get to the peak of the bullish season 
properties (22)
authorrafzat
permlinkre-josediccus-2023129t16052781z
categoryhive-167922
json_metadata{"type":"comment","tags":["hive-167922","crypto","inleo","neoxian","hive","hive-engine","vyb","waivio","ctp","proofofbrain"],"app":"ecency/3.0.44-mobile","format":"markdown+html"}
created2023-12-09 15:00:54
last_update2023-12-09 15:00:54
depth1
children0
last_payout2023-12-16 15:00:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length126
author_reputation183,560,271,702,716
root_title"The Crypto Market: That Placebo Effect"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id129,535,695
net_rshares0
@the-lead ·
Hope you feel better soon. Wishing for a smooth recovery and positive market trends ahead. Take care!
properties (22)
authorthe-lead
permlinkre-josediccus-2023129t165339193z
categoryhive-167922
json_metadata{"tags":["crypto","inleo","neoxian","hive","hive-engine","vyb","waivio","ctp","proofofbrain"],"app":"ecency/3.0.37-vision","format":"markdown+html"}
created2023-12-09 15:54:24
last_update2023-12-09 15:54:24
depth1
children0
last_payout2023-12-16 15:54:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length101
author_reputation199,763,497,163,701
root_title"The Crypto Market: That Placebo Effect"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id129,536,573
net_rshares0
@thebighigg ·
$0.05
I'm with you on BTC and the alts, I would be thrilled with BTC at 38 K year end.

Glad to hear you're hanging in there, it's never fun to have health issues like yours. Keep up the optimism, it makes you feel a lot better I find.
👍  
properties (23)
authorthebighigg
permlinkre-josediccus-2023129t155917497z
categoryhive-167922
json_metadata{"tags":["crypto","inleo","neoxian","hive","hive-engine","vyb","waivio","ctp","proofofbrain"],"app":"ecency/3.0.37-vision","format":"markdown+html"}
created2023-12-09 22:59:18
last_update2023-12-09 22:59:18
depth1
children5
last_payout2023-12-16 22:59:18
cashout_time1969-12-31 23:59:59
total_payout_value0.022 HBD
curator_payout_value0.023 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length229
author_reputation474,191,914,598,462
root_title"The Crypto Market: That Placebo Effect"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id129,545,259
net_rshares98,334,807,614
author_curate_reward""
vote details (1)
@josediccus ·
Yeah, at 38k it wouldn't be so bad, because some corrections might happen before the year ends.
👍  
properties (23)
authorjosediccus
permlinks5fz2n
categoryhive-167922
json_metadata{"app":"hiveblog/0.1"}
created2023-12-10 08:18:24
last_update2023-12-10 08:18:24
depth2
children4
last_payout2023-12-17 08:18:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length95
author_reputation2,577,551,055,896,670
root_title"The Crypto Market: That Placebo Effect"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id129,552,262
net_rshares37,270,314,604
author_curate_reward""
vote details (1)
@thebighigg ·
$0.04
I think so too. You have any family?
👍  
properties (23)
authorthebighigg
permlinkre-josediccus-s5gd9t
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2023.11.3"}
created2023-12-10 13:25:06
last_update2023-12-10 13:25:06
depth3
children3
last_payout2023-12-17 13:25:06
cashout_time1969-12-31 23:59:59
total_payout_value0.022 HBD
curator_payout_value0.022 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length36
author_reputation474,191,914,598,462
root_title"The Crypto Market: That Placebo Effect"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id129,557,238
net_rshares94,458,911,863
author_curate_reward""
vote details (1)