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Bullshit-Posts as an indicator for a pump

Bitcoin Reddit

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I noticed that the amount of Bullshit-Posts has a positive correlation with the Bitcoin price. In the last 48 hours I have seen more stupid Bitcoin memes than in the last 6 months combined. Titles such as 'Am I doing it right?' indicate an acceleration of price rises. People complaining that the price moves up while they were trying to get in at 10k (which they would never do if we really went to 10k) is also a good indicator.

Meanwhile, no one noticed the rumor around Apple announcing a cooperation with Strike to integrate LN payments on the iPhone.

To all the haters: Yeah, I'd consider this one a Bullshit-Post as well.

EDIT: The Apple thing is just a rumor. I know. There is no confirmation yet.


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