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alkaria · 4 years ago

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The Wielder of the Staff

Penny isn’t going to retrieve the staff from the Winter Maiden’s Vault. She’s going to open it, either this volume or next, that much is for certain - you can’t build up to a grand finale for RWBY without all four relics ending up in play. But it won’t be Penny walking out of that vault with a relic.

One of the key themes we’ve covered, in Penny’s character as well as in the Atlas arc more broadly, is about free will and choice - who you serve, why you serve, and what you do to serve. And ultimately, though Penny undoubtedly feels a debt and a responsibility to protect Mantle and Remnant more broadly - she never wanted this. She took on the mantle of Winter Maiden not because she was groomed to, like Winter, or because she wanted it, like Cinder - she took it because she had to.

We see her struggling to come to terms with the burden she’s placed on herself because of her selflessness in the first two chapters of Volume 8, but we don’t just see that. We see Penny’s central character flaw coming to a head - that even now, her destiny is being written not by her, but by the actions of General Ironwood.

(Hm. Two characters both starting with a P that ended up in contestation for Maiden powers, with a character arc of Destiny. That bodes well.)

Crucially, Penny is going to, over the course of this volume and the next, finally have a chance to carve out her own destiny - her ideals, her wishes, and most importantly, her limits. The points at which she learns it’s okay to say no to taking on more responsibility than you can handle.

And, as a result, she’s going to say no to taking the Staff of Creation out of the Vault.

But we know the staff will come into play, so who’s going to take it?

I don’t know whether it’s too early in the story (and brothers, we’re 8 years in at this point) to say with any certainty whether who initially claims the relic will be ultimately relevant to the finale and whatever happens to the four relics, but it’s certainly clear from the Volume 5 finale that there’s a significant portion of symbolism allotted to it - even if just to mark the emergence of a relic as an important moment with no further connotation.

When Yang emerges with the Lamp from the Vault, she is raised up above the others - figuratively as well as literally. The first wielder of the Lamp since the Great War, held up by Jinn herself.

Remember Blake’s little speech to Sun earlier in Volume 5:

“I remember getting to know Ruby and thinking, this girl is the embodiment of purity. After a while, I saw Weiss was defiance. And Yang was Strength.”

Yang claimed the relic not because she was the only one there, but because she was Strength. She had what Raven lacked, and Blake’s speech came full circle. Yang is elevated onto the central platform, in a way that only three others even experience - Raven, as the Spring Maiden, Leo, as Haven’s Headmaster, and Oscar (for fairly obvious reasons).

Now, you may wonder where I’m going with this. Salem has the Lamp; the Vault isn’t open. Even if Penny refuses to take it, what’s that got to do with what’s going on right now?

Well, the person who claimed the Relic of Knowledge? She’s on the ground. She’s separate from the events in Atlas, and she’s not going anywhere near the Staff. The symbolism in the intro couldn’t be more apparent:

Everyone else, on the other hand?

I already ruled Penny out, but everyone else here could be in contention to wield the Staff. Although, personally, I’m going to narrow it down to two:

Nora

A lot of people thought Nora was getting flags as a potential maiden last volume, from her resemblance to Fria to her possible Mantle origins to her vocal disagreement with Ironwood. It, obviously, didn’t pan out that way. But there’s still a couple things in her favour for her claiming the Staff of Creation:

“Always hoping that a lightning bolt is gonna save you from this gravity”

That’s the line from the V7 intro that perked a lot of people’s ears, and I still think it applies, possibly even more so. More than anyone, Nora represents lightning. Her main literary allusion is Thor, the Norse God of Thunder. Her semblance is powered by electricity, and her weapon generates it. In the history of Robyn calling highly amusing and accurate nicknames for our cast, Lightning Bolt could easily apply to Nora.

Gravity obviously applies to the weight of the severe situation our heroes find themselves in, but that’s not just all. It also, obviously, applies to the huge flags we’re getting that Atlas could plummet to the ground, destroying both it and Mantle and handing Salem a huge victory in her quest to ruin humanity.

That’s not guaranteed yet. If we expect volume 8 to go the way of volume 3, where there is a significant defeat for our heroes, that doesn’t automatically equal a complete and arbitrary annihilation. After all, Salem could crash Monstra into Atlas and achieve pretty much the same goal. The key thing that came out of volume 3 was that Beacon was destroyed - but not unreclaimable. There were slivers of hope, and the smaller soul remained.

And that’s where Nora could come in. She’s been a stalwart protector of the people, especially Mantle, and if she were wielding the relic, she’d definitely not want to doom them by using it - and, equally, not doom them by losing the relic. Nora was there when Neo took the lamp - she’s going to know that the same thing could happen, and so, she will save us from gravity - by using the staff to lower Atlas safely to the ground before taking it out of the vault.

Weiss

“After a while, I saw Weiss was defiance.”

This feeds more specifically into the possible theory that each relic will be claimed by a member of team RWBY. While Yang has maiden flags from Raven’s possible death, after Penny gaining the Winter powers and Ruby mastering her silver eyes, the RWBY maiden ending looks unlikely. But anyone can claim a relic.

Weiss has matured a great deal throughout the storyline of RWBY, but the ultimate character motivation for her has stayed consistent: she wants to reclaim her family’s legacy and restore it to one comparable to her grandfather’s, in opposition to the mismanagement of her parents. She is defiant towards them, to her brother and sister, towards Ruby, towards the general trend of history, and towards General Ironwood.

“NONE of this matters right now!”

”Not friends. Family.”

So why Weiss, and not Nora?

Well, going back to the theory with the relics being claimed each by one of the members of Team RWBY, Salem is their end villain:

It’s team RWBY who are together confronting Salem in Ironwood’s office, and it’s team RWBY who’ll be stood together confronting her at the very end of all this. To do that, you need the relics.

To be sure, Nora is a member of the main cast - she’ll have an end villain to face off against, just like the rest of our protagonists - but even though it seems Tyrian is shaping up to be Qrow’s, Salem is very clearly not Nora’s. Arguably, we saw in Volume 5 that Nora is the only person capable of going toe-to-toe with Hazel:

“I don’t need him to hurt. I just need him to GO DOWN.”

Nora makes sense as Hazel’s eventual final foe - his origin story is being driven to work for Salem by his grief and possessiveness over his sister, who died as a huntress-in-training. Nora lost her teammate - a huntress-in-training - precisely because of Salem. We know she’s an orphan, and homeless - she likely has lost a great deal of people to the grimm. Morally, she’s the polar opposite to Hazel - someone whose hardship and grief made her a protector of the people, rather than someone on a doomed quest for vengeance for someone who would never have wanted it.

So if we rule out Nora for that sake, why Weiss, and not Ruby or Blake? Well, for one, Weiss has far more personal investment in Atlas as a whole.

“This is my home. And I’m not giving it up without a fight.”

For Weiss’ own character arc to complete as we eventually move towards a resolution and a departure from Atlas, her family needs to survive. Jacques is fairly irrelevant, and his death would matter least - but Willow, Winter and Whitley need to survive, and the Schnee family needs to begin healing. That doesn’t square itself with Atlas falling to the ground and millions dying. But it could square itself with Atlas being lowered enough to survive without the Staff, and Salem still making off with it in order to attack Vacuo.

Weiss’ semblance also thematically fits with the relic of Creation - she has a mastery of dust, and her glyphs are used to create a range of different things. Her arc points now towards creating something new - a new future for her family, for the SDC, and for Atlas. It would make sense.

For their own relics, Ruby and Blake make more sense being involved with Vale and Vacuo. While Blake is from Menagerie, not Vacuo, the Sword of Destruction would resonate well with her character arc. It’s a symbol of how she, and the faunus, have grown - the power to destroy, but rather than used angrily and blindly like Adam would, used carefully, with great thought. As well as this, the symbolism of the sword - taking up arms and fighting, rather than running away.

And Ruby is just obviously choice. She’s the central character of the Vale arc, one of her most defining traits is determination - the choice to never give up and keep moving forward, that we’ve heard referenced more than once post-Vol 3. But, if you’re wanting a bit more in the way of arguable evidence - who’s younger than the rest of their team of four, is pure of heart, makes choices that fundamentally determine everyone’s paths, and ends up with a crown?

So that’s where I’m staking my claim. Yang, the Strong, giver of Knowledge. Weiss, the Defiant, guardian of Creation. Ruby, the Pure, defender of Choice. Blake, the ???, arbiter of Destruction.

The only thing we’re missing is what embodiment Blake actually is.

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singledarkshade · 6 years ago

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Definition Of Fun

Summary: While taking a break from chasing Time Pirates Sara tries to distract Rip from his memories. Learning more about him in the process. Author’s Note: Written for Meg for the RipChat Holiday Exchange.

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The sound of children laughing filled the air as he sat at the picnic bench watching them run around the playpark. Rip sipped the terrible tea he’d bought at the coffee shop on the walk here, which was probably why it didn’t taste that great, thinking about the few times he’d taken Jonas to the park near the house.

They were in Star City in the team’s native time, so they could visit friends and family for a few days. This had left Rip on the ship on his own, so he’d decided to do some maintenance.

Gideon had told him after a few hours to go out for a walk or she would drug his next drink and knock him out because he was driving her crazy rechecking the systems Jax had already checked. Knowing the ship’s AI would be true to her word, as it wouldn’t be the first time, Rip went for a walk. With nowhere to go and nothing to do Rip had wandered finding the park.

He had lost Miranda and Jonas forever, knew now that they were never coming back to him and had no idea where it left him. Rip had always had Miranda to turn to for support. Whenever he was tired, or the things he had to do got too much for him, he would go home to her. Miranda had a way of helping him turn his mind off and relax. Mostly in the past few years she would simply send Jonas to hug him. Their son’s sweet nature and brilliant mind could make Rip forget anything else for a while.

The past few years trying to save them, he’d had hope to cling to that he would get them back, that he would be able to return home and have them back in his arms again but even the hope was now gone.

With the destruction of the Time Masters it was now also impossible for him ever to go back to the Refuge, he could never talk to his mother again.

He had no family left.

“You know,” a familiar voice said as the blonde dropped onto the seat at his side, “When I called Gideon to check in, and she said you were out, I expected to find you camped out in a bar.”

“None are open at this time,” he replied without turning, “Plus I really don’t want to have to listen to Gideon lecture me all night.”

Sara laughed, looking over at the kids playing not far from them.

“I know you miss him,” she said softly, “I’m sorry we couldn’t save them.”

Shaking his head Rip sighed, “We were never going to. The Time Masters made sure of it. It was a loop.”

Patting his shoulder comfortingly, Sara then hit him slightly harder, “Okay, come on.”

“Where?” he asked, frowning at her as he rubbed his shoulder.

She smiled at him, “We’re going for a walk.”

With a sigh he followed on, he knew there was no point in arguing since Sara had that look on her face which told him she was going to ignore whatever he said. And, if he didn’t follow, she would probably drag him along by his ear.

Sara looked at the man walking by her side saddened by how adrift Rip was these days. From the moment she’d met him Rip had a mission, a purpose. Even now, if they were chasing pirates or future tech, he was sharp and focussed. But with nothing to do Rip was lost and the grief he worked so hard to avoid came to the surface.

She was here to visit her father but since he was working at the moment helping Oliver, who was now the Mayor which she was still trying to get her head around, Sara had decided to go do some shopping.

As fantastic as the Waverider was, there were certain things that never tasted quite right when made by the fabricator. Not that Sara would ever dare tell Gideon this. Especially after the time Ray made an offhand comment that the chocolate flavoured popcorn didn’t taste quite right. Gideon sulked for days and Ray didn’t have a warm shower for the entire time, although she claimed it was merely a glitch.

Sara hadn’t expected to find Rip but was glad she did. Seeing him sitting watching the kids play, overwhelming sadness covering his face, Sara knew she had to get him away from there before he wallowed too much.

“Have you ever spent any time in Star City without a mission?” Sara asked as they walked through the streets.

Rip shrugged, “Not really. I never had any reason to.”

“Well, we’re here for a few days so you should see the sights,” Sara told him, “Do something fun for possibly the first time in your life.”

Rip stared at her for a minute before asking, “Your definition of fun or mine?”

“Definitely not yours. I didn’t even know you had one,” Sara laughed before adding, “And I don’t think you’re remotely ready for mine. So, we’ll try for fun from someone who is perhaps half-way normal. Okay?”

Rip grimaced, “Do I have a choice?”

“Nope.”

Waving her forward he sighed, “Fine.”

Rip continued to walk with Sara through the streets of Star City not quite sure why he’d agreed to come with her but then again, she would have annoyed him until he did. Sometimes it was easier to just acquiesce.

“Where exactly are we going?” he demanded after five minutes.

“You’ll see,” Sara replied with the smirk that he had come to know meant trouble.

“Sara…” he started not getting any further than her name as she held up her hand.

Sara stopped walking and looked up at him, “Rip, trust me.”

He let out an annoyed sigh, “Fine.”

With an amused grin she started walking again. Rip shook his head and caught up with her quickly. They continued walking, Rip getting a little annoyed. He didn’t like being in the dark, but Sara would just give him a grin every time he was about to ask, which meant he stopped trying.

Finally, they reached a door and Rip grimaced reading the sign above it, “Are you kidding me?”

“What?” Sara chuckled at his expression, “It’s Laser Tag. You can shoot. We can annihilate all the competition.”

Rip frowned at her, “Sara…”

“They’re not real weapons,” she rolled her eyes, “And it’s fun. Besides the paintball place needs a reservation, so I can’t take you there.”

He sighed.

“Look the owner is a friend of my dad,” Sara told him as she opened the door, “He gets businesses who book the place for ‘team builds’. I used to help out by playing the defender of their prize to add a level of difficulty.”

“Sara…”

“You get to shoot some arrogant bankers who think they’re Gods gift to the world,” she told him with a smile, “It’ll be therapeutic.” She nudged him with her shoulder, “Come on. You know you’ll have fun.”

Rip sighed again, “Fine.”

She grinned and led him inside.

Rip frowned as he put on the equipment he’d been given, glancing to where Sara was doing the same. The man in charge of the place had been pleased to see her and was more than happy for them to be the ‘enemy’ of the group of bankers he had in that morning.

“Okay,” Sara explained, “If someone hits you then the vest will vibrate, and your gun will be disabled. This means you won’t be able to shoot for thirty seconds. If one of them manages to find the ‘hidden gem’ then it will mean our weapons will be disabled for one minute. It gives them a chance to actually get to the ‘treasure’.”

Rip nodded before noting, “It sounds a bit like a training simulation we used to do. Though I’m assuming you don’t get an electric shock when you’re hit.”

Sara mused on this for a moment before asking, “How strong a shock was it?”

“It depended on how many times you were hit,” Rip explained, “By the third one it was painful and if you were hit a fifth time then you usually blacked out.”

“How old were you when you did this?” Sara was unable to stop herself from asking.

Pausing for a moment he thought back, “We did it throughout our training, but I think I was eleven when I first did it. About two months after I arrived at the Refuge. I lasted about three minutes the first time.” He shrugged, “By the time I was twelve no one could touch me.”

“Your childhood was seriously messed up,” Sara noted horrified, especially as his tone suggested that this was a fond childhood memory for him, “You know what, after this we’re going for ice-cream.”

A little bemused he nodded, “Okay.”

Sara rolled her eyes at him before motioning him to follow her, “This,” she pointed to the map on the wall, “Is the arena. Our job is to guard the treasure the team is after. Which is here.”

Rip studied the map intently for several seconds committing it to memory, “And this is fun for normal people?”

“This is a ‘team building’ exercise,” Sara reminded, “Where they have to work together outside of their normal jobs, so probably not. Just, try not to humiliate them too much.”

Sara watched Rip get situated hoping this would distract him for an hour or so at least. The small insight into the Time Master’s childhood she’d just received had made her want to blow them up again. She remembered meeting the younger version of Rip, the fact he’d had a knife on him and had no hesitation in using it had stunned her. Although it did explain quite a bit about their Captain.

“The team are being released into the arena,” Jim’s voice came, “Have fun.”

Glancing over to Rip she saw him look around surprised when the lights went out and the luminous paint lit up under the ultraviolet lights. Nodding at him she turned her attention to the men who were making their way in to the danger zone.

Within seconds Rip had taken out three of them, all who looked stunned as they moved back out of the way while muttering annoyed. Sara smiled amused when the remaining members of the team began to move warily forwards. Rip quickly shot the next few who dared step within range and Sara chuckled, the poor guys had no idea who they were up against. The half hour went by quickly with none of the team getting anywhere near their goal.

Sara watched the team of bankers leave, grumbling at their loss before she glanced over at Rip who looked a little smug. It occurred to her that this was probably normal for him, which she found extremely sad. It made her wonder, not for the first time, how Rip managed to get together with Miranda if this was the interaction he was raised to have with people.

�� *********************************************

“Did you have fun?” Sara asked as they strolled through the streets towards her favourite ice cream place.

Rip shrugged, “It was…”

“It was…” Sara encouraged him to finish when he trailed off.

“Alright,” Rip shrugged bemused, “But I still don’t see how that is something people do for fun.”

Sara stared at him thoughtfully, “It’s hard to explain. Okay, it’s time for ice-cream. You do like ice-cream, don’t you?”

“Daddy,” the memory of Jonas’ excited voice echoed through his brain, “I want chocolate and strawberry with lots of sprinkles.”

Rip shrugged again trying to shake away the memory, “On occasion.”

Rolling her eyes Sara waved him forward, “We could try an Escape Room.”

“A what?”

“It’s a game,” Sara explained, “They lock you in a room where you have to solve puzzles to find the key to get out.”

Rip thought this through before asking, “And that’s thought of as fun?”

Letting out a long sigh Sara shook her head, “Never mind. Let’s go get our ice-cream.”

“Sara, the entire point of coming here was to allow you to spend time with your family and friends,” Rip reminded her as he began to follow her again, “You don’t have to keep me company.”

“My dad is working,” she told him, “I’m meeting him for dinner. Until then I have no plans.”

“Sara…”

“Rip,” she cut him off, “You don’t have to be alone the entire time we’re here.”

He ducked his eyes, “I’m fine. I just came out for a walk, I have Gideon if I need to talk to someone.”

“You know she’s not all you have,” Sara frowned, “We’re your friends. You can spend time with us when not protecting the timeline. It’s allowed.”

Nodding softly, he replied, “I just thought you would want to see your friends while we’re here. Like…” he hesitated for a moment, “Miss Smoak and Mr Queen.”

“Both have jobs,” Sara chuckled, “Oliver is the mayor now, so it isn’t going to be easy to spend time with them during the day.”

“I didn’t think of that,” Rip noted before realisation hit him, “Does that mean…”

“Ray went to visit some college buddies, Martin is seeing his wife, Jax is visiting his mom,” Sara listed, “So they’re fine.” She paused before noting, “I have no idea where Mick went and frankly, I don’t want to.”

Rip chuckled slightly, “Then let’s go get some ice-cream.”

Sara knew that Rip had a sweet tooth, they’d learned that quite early on during their travels with him. He had stashes of sugary snacks all over the ship, there had been a load of chocolate hidden under the floor of her room at one point.

Watching him trying to choose ice-cream was one of the most frustrating things Sara had ever witnessed. He studied the possible flavours intently, Sara could practically see his mind working as he decided what he wanted. Rolling her eyes Sara just ordered the chocolate, caramel and hazelnut sundae, one of her favourites, turning back to him finding that Rip had ordered a simple vanilla cone.

“You know we came here for ‘ice cream’,” Sara laughed, putting the quotation marks around the words, “Several scoops with sauces and toppings. Not that pathetic kiddie cone.”

Rip stalled suddenly, and she frowned as she saw the sadness and confusion flit across his face.

“What?” she asked concerned, following him to the table in the corner.

“I forgot,” he whispered taking a seat, “They’re gone.”

Concerned Sara started, “Mira…”

“The Time Masters,” Rip said before she could even get the name out, “They’re no longer going to analyse and review everything I eat or drink.”

“They did that?”

Rip shrugged, “We had to stay at peak fitness, so overindulging was frowned upon.”

“And they checked into it?”

“Gideon had to download a log of everything I ate and drank after each mission,” Rip explained softly, “Along with all my medical records.”

Sara stared at him in astonishment, “But you have a ton of sugary snacks everywhere on the ship not to mention your stash of alcohol.”

“I learned how to circumvent the system on occasion,” Rip shrugged, “Gideon was good at helping me walk the line. It meant I wouldn’t get caught when I was with…” he trailed off shaking his head, “I’m used to being careful about what I eat.”

Sara frowned, “Why did you stay? I know saving time but considering…well…everything why did you not just leave to be with your family?”

Rip leaned back in his chair, his eyes far away, “I was about ten years old, starving to death in an alleyway when Druce found me. He took me to the Refuge, where my mother gave me a warm bed, fed me, loved me and then he gave me a purpose. For a kid who was thought of as nothing but dirt who people pushed out of the way, it made me feel like I could be someone. What would you do?”

Taking a spoonful of her sundae Sara mused over this, she’d never really thought about how big Rip’s marriage to Miranda was for him. The Time Masters had basically programmed him from childhood to follow their commands, the fact he broke that programming to be in a relationship was impressive. To have hidden a long-term relationship, along with a child, from them was remarkable considering she could see how much of the brainwashing still existed within him.

“Wait here,” she jumped up and headed to the counter again, ordering the same sundae that she had herself, Sara placed it in front of Rip. “You’re free from them. You can eat what you want, when you want.”

A small smile touched his lips and he dug into his ice-cream.

“Thank you,” Rip said as they reached the waste ground the Waverider was berthed on, “Today was…”

“Fun?” Sara suggested with a grin.

He nodded, “Yes, it was fun.”

She chuckled as the cargo bay opened for him, “Good.” Sara caught his arm stopping him before he started inside, “You know you could come for dinner tonight, if you want? My dad would like to meet you and remember it this time.”

Rip shook his head, “It’s your time with your father, Sara. I know I would not want to have anyone interrupt mine with my mother. I’ll be okay.”

Clapping his arm Sara left to meet her father and Rip walked into his ship.

“Gideon,” Rip called as he started to the parlour.

“Yes, Captain,” she answered.

Rip frowned dropping into his seat, “I should be angry at you for telling Sara where to find me.”

“But?”

“But I’m glad you did,” he confessed, “I had a good day.”

Rip could practically feel her smugness before she replied, “That is all I wanted.”

He chuckled slightly, “You know what? I’m hungry.”

“What would you like to eat, Captain?” Gideon asked.

Bouncing to his feet Rip started for the galley, “I want something I normally wouldn’t eat. Something that would be frowned upon by the Time Masters if they found out, something I like.”

“Are you sure?”

Rip nodded, “They’re gone, Gideon. I can eat and do whatever I want now.”

“Then I have prepared something you will enjoy.”

Smiling he rested his hand affectionately on the bulkhead for a moment before he started walking to the galley.

He was free.

#fic #legends of tomorrow #rip hunter #sara lance #gideon #ripchat holiday exchange

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scottmapess · 5 years ago

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BITCOIN HALVING PRICE DUMP NOW! 5 REASONS I AM BULLISH ON BTC

VIDEO TRANSCRIPT

Today in crypto, the bitcoin having is upon us. It is now less than two days away. And how does Bitcoin decide to celebrate this momentous occasion? Well, by taking a big old mega dump of 15 percent. Go home, Bitcoin. You’re drunk. Get out of here. You can’t have anymore. But anyway, forgetting this short dip for a minute, the actual Bitcoin having an event is going to come. It’s going to go much like any other great day with lots of anticipation around it. But aside from the coming cut in daily emission, there actually remains a lot of reasons to be incredibly bullish on Bitcoin in the long term. So want to take a few minutes today to actually discuss some of the reasons why I remain mega bullish on Bitcoin moving past this important milestone, the crypto lung. This is where you subscribe for all of the hottest and all of the latest happenings out here in the wild, wildland of crypto. Also, if you are new to crypto and you still need help figuring out all of the basics, like how to buy bitcoins, send Bitcoin, mining Bitcoin safely, store your Bitcoin, as well as the top tips in resources for investing success, then check out my course cryptocurrency. Explain. I’ll walk you through all of these basics and more and we’ll empower you to invest with confidence. There’s a link Downbelow where you can check that out. So we have to talk about the price Bitcoin. First, let’s take a quick look at the charts. Bitcoin has had a huge rejection at ten thousand dollars after struggling last 48 hours to try and maintain above ten thousand dollars. The bulls, they got tired. They finally had to take a break. And what happened as a result of that? A big price drop. In fact, the price jumped by around 15 percent. Eight or ten thousand dollars. We’ll miss you until next time. But ten thousand dollars probably back a lot sooner than a lot of people might expect it to come back. Still, though, we might just have a decent bit of a hangover the period after the Bitcoin having happened. So do stay frosty out there of one big hype. Events like this, they tend to lead to a lot of market volatility, as we’re seeing right now. You see this Bitcoin dump, it was actually, though, strangely bullish. I know. WTI Florek, how is the price going down? Fifteen percent bullish. Well, you see, the price came down within fifty dollars of the 200-day moving average before we actually saw a strong amount of buying pressure step in to force the price back up into the mid eight thousand. In fact, the volume is the most significant amount of volume that we have seen since the big crash back in March. I know that a lot of people, they’ve been out there, they’ve been waiting on the sideline for a dip like this to the county for everybody who missed it of four or five or six or seven thousand. Well, a dip down to almost 8000. It was a good buying opportunity. The volume does show this dip was bought up aggressively. Seeing the 200 days moving average act as a line of support right now is definitely a bullish thing if we lose that line of support. Well, bad news bears. That’s not a good thing to be happening, without a doubt. Now, as to why this big dip happened. The most likely scenario is that the bulls, they just ran out of steam. Another possible scenario is that it’s actually the miners that are out there taking profits in a very big way right now before the having actually hits. Cashing out around 10000 dollars would have been a very profitable move for many miners. Member miners are in the cash business. They are not in the Houghtaling business. Or perhaps it is as simple as this was just a buy the rumour, sell the news kind of event. A big correction like this was simply always in the cards after such a big, strong run-up that we had. And right now you might see some of these big players we’ve been discussing getting into crypto they’re selling that is right now, and they’ll buy back in on the dips. However, a dip like this does have the chance to shake out a lot of those new buyers who are not used to this kind of crazy volatility. We could actually see more sell pressure coming in from those who are uninitiated in the ways of Bitcoin volatility. The key line to watch right now is the 200-day moving average. If we fail to defend that very, very important line, then we might get another brutal dip down to six thousand dollars, which is approximately where we find the 200 weeks moving average. But before we let the bears out of their cages, let’s watch to see if we do hold that line around eight thousand dollars. A very important place for Bitcoin to hold. I’m also very curious to see how the weekly candle closes out in around 18 hours from the time that a record this video. So we’ll talk about that more in tomorrow’s video. Anyway, let’s now talk. Well, the five reasons that I am mega bullish on Bitcoin after the having. Now, this is not an exhaustive list of ideas or some of I came up with have the key reasons that are really driving me right now and my current rationale for being a Bitcoin holder. So the first big reason I am just an unshakable believer in Bitcoin is due to the policies of central banks. The only idea that central banks can come up with to fix the systemic issues caused by printing money, wait for it is a good one is to print more money. It’s crazy, man. This has been the policy of central bankers for many, many years. But the current crisis has unleashed a Sunni army of economic insanity across the world that is truly unprecedented. Central banks are printing trillions in new money, thus devaluing the Fiat in your bank account and also frontrunning you by giving it to all their mates. Central banks are also buying up corporate bonds. Even junk bonds is a non-investment-grade bond that they’re buying. It’s insane. Basically, the central banks have stepped in to say that no corporation anywhere is too big to fail by issuing the largest raft of corporate handouts in history. And if all the money printing wasn’t already crazy enough, there will soon be negative rates. And basically every major economy now negative rates. This is when you lose money by keeping it sitting in your bank account. It’s already happening in Europe and it will happen very soon in the USA. In fact, the markets are already starting to price this in. And the more that the central banks weaken their fiord fantasy money. The stronger that Bitcoin becomes. They do quantitative easing. Bitcoin does quantitative hardening. The second reason I’m long term mega bullish on Bitcoin is basically the everything bubble that we see right now. Debt globally has reached epic, epic levels. The United States alone. They just crossed over the 25 trillion dollar mark for their government debt. It added an extra trillion dollars in debt in a month in just the last month. A trillion dollars, just bull. There you go. Throw some more money on the bonfire. And the United States is not alone. Globally, we have a debt bubble over 250 trillion dollars, a derivatives market in the quadrillions. Many major commercial banks are continuing only thanks to life support from central banks. And they are also deeply incestuous, Leigh combined. That one collapse is like a domino that will take all the others down. Definitely not cool. There is no scenario in which this debt bubble ends well, meaning there is no scenario in which Fiat ends well. Which brings me to reason number three. Major players are starting to wake up to these realities. The announcement this week by Paul Tudor Jones, one of the world’s biggest macro investors that his Bitcoin fund is taking a stake in Bitcoin futures is because he believes that the cryptocurrency will act as a hedge against inflation. This is a major market signal that at the highest levels of investor class Bitcoin is catching on, seeing players like Jones actually getting into this, actually getting into Bitcoin. This is going to signal to other hedge funds, to endowments, to family offices, the high net worth individuals, that Bitcoin is a serious asset and it needs your attention and it needs to be part of your portfolio, even if it’s only a few percent of that portfolio. You and I already know this, but the cat is out of the bag. And every day more and more people will find out about Bitcoin. We won’t stay at these prices for a long, long time. And with all of these big shots getting into Bitcoin, it’s a tick. Tick, tick. Tick, tick. Kind of situation before countries actually start to join the race to get Bitcoin and they start buying up BTC for their strategic reserves. The fourth reason is that Bitcoin is digital gold. Bitcoin is the best-performing asset class in 2020, already beating both Treasuries and gold because annihilating the stock markets by a long shot. And that’s in the middle of a global recession caused by a global pandemic. It was the best performing asset of 2019. It was the best performing asset of the last decade. It will probably be the best performing asset of the 20 20s. Bitcoin is digital gold. The future of money is certainly going to be a digital future. As most of our commerce, of course, now done online and everything’s value transfer is happening electronically and it has to be global and it has to be free from governments. It has to be free from central banks. It has to be free from Facebook or any other party really that would try to manipulate our fate in which is susceptible to the fallibility of human corruption. Bitcoin is the one that can do that. Bitcoin can surpass the market cap of gold, which is currently around nine trillion dollars today. The Bitcoin had it’s actually to be bringing the annual mission rate of Bitcoin close to that of gold. So it’ll bring Bitcoin down to one point eight percent versus around one point five percent, which we currently have for gold. But unlike gold, we know that Bitcoin is truly, provably scarce. It shares the best of the hard money principles of gold, but in many ways is superior in terms of easy divisibility portability and is almost unfairly cheap to move around the world in a matter of minutes. And the fifth reason that I remain very, very bullish on Bitcoin is that Bitcoin has a cycle that it works through. And we are right now about to enter the next big phase of a major Bitcoin super cycle. The having it is just a major road mark on the way to new highs for Bitcoin. Bitcoin stock to flow model has proven to be an effective model for Bitcoin. And this model gives us Bitcoin at a hundred thousand dollars or more at the next cycle peak. The previous cycle actually peaked at four times more than was indicated by the model, giving us an upper potential price limit of around four hundred thousand dollars, which would indeed. Rival, the market cap of gold. Now, this might sound crazy to you at the moment, like all like. There’s a lot of money that you really say and Bitcoin is going to go up that much. But let’s go back in history. Remember that last having from the having to the peak, the price of Bitcoin made a similar move, shooting up 40 X from the lows just after the having to that cycle peak. So it is definitely possible. Now, if you look at the Bitcoin log chart where currently at the bottom of that chart, we will start our slow crawl back up to the top of this chart. Over time, the implied top here is a hundred thousand dollars. Hundred thousand dollars. A pretty happy place to be as well if we get up those higher highs. But this does show us that beyond the price, speculation simply is that right now is a time for accumulation. Bitcoin has a huge market cap growth potential. These are still the early phase of Bitcoin’s price discovery. Bitcoin will have a multi-trillion dollar market cap. The only question is how long it takes. How strong can your hands be and how patient can you be? Think about where the price of Bitcoin is going to be in a year or two years or even five years, what, 10 years? Crazy. Most people do not think that way. With a Bitcoin investment, far too many people enter this market expecting overnight riches. That’s just not how it works. But in five years, if you can hold your bitcoin, there is a big chance that won’t really matter if you bought at eight thousand dollars a ten thousand dollars or twelve thousand dollars because it’s going to be way, way higher than it is right now. The fundamentals and the technicals for Bitcoin are simply awesome. This is why Stack sets and then I chill. I play the long game. So your question for today. Did you buy this dip on Bitcoin or do you think the price is going to go even lower? Also really curious to know what is your exit strategy? Are you planning on selling at 100 thousand dollars? Are you waiting for four hundred thousand? Maybe you’re waiting for a million-dollar bitcoin. Are you just Hotaling for life? Let me know. Downbelow in the comments section. Really curious to know if you got out there and actually got some of this bitcoin dip and where you’re going to go with your Bitcoin in a few years time. Thank you so much for watching today’s video. Just a quick reminder, you are frickin awesome. Thank you so, so much for continuing to support the channel. It means everything to me. None of this is possible without your support. So thank you so, so much. Of course, he did join today’s video, hit that thumbs up button. Make sure. Subscribe the channel. If you are new around here. Long live the block chain and peace out till next time.

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jeffrmayhugh · 5 years ago

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heatherrdavis1 · 5 years ago

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BITCOIN HALVING PRICE DUMP NOW! 5 REASONS I AM BULLISH ON BTC

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cryptosharks1 · 5 years ago

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BITCOIN HALVING PRICE DUMP NOW! 5 REASONS I AM BULLISH ON BTC

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yahoo-puck-daddy-blog · 8 years ago

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What We Learned: Three teams vying for league's last playoff spot

TORONTO, ON – MARCH 18: Auston Matthews #34 of the Toronto Maple Leafs celebrates a goal against the Chicago Blackhawks during an NHL game at the Air Canada Centre on March 18, 2017 in Toronto, Ontario, Canada. The Blackhawks defeated the Maple Leafs 2-1 in overtime. (Photo by Claus Andersen/Getty Images)

Most of the playoff teams in the league seem pretty much set. In a lot of cases it’s just a matter of seeding over these last 10 to 12 games.

In the West, the gap between the No. 8 team (currently Nashville) and No. 9 (currently LA) is six points. With this little road left, that seems insurmountable.

And in the East, seven of the eight playoff spots are set as well. The Rangers occupy the first Wild Card spot and enjoy a 14-point gap between themselves and the Toronto Maple Leafs, who hold the last spot. And that final spot is now the sight of some significant drama.

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With an OT loss to a Chicago team that once again can’t lose, the Leafs pulled into that No. 8 seed on Saturday night, up one point on the New York Islanders and two on the Tampa Bay Lightning with a game in hand. But the same night, Islanders got a point out of Columbus, and Tampa lost to Washington, as teams tend to do.

This is likely to be one of the only things in the league worth watching down the final stretch of the season.

Right now the Leafs have the best chance to win that final spot just because they’re in the lead right now and have an extra game to play, but they also play a slightly tougher schedule than the other two; their remaining opponents are collectively above .500; Tampa’s and New York’s are both below that number.

In terms of points percentage, the team playing the best of these three is Tampa, with .650 points percentage, versus .550 for Toronto and .500 for New York. There’s not a lot separating them, obviously, but when you combine that with the strength of schedule above them, you can perhaps see where Tampa might be able to make up its two-point deficit.

Of course, record doesn’t always take into account quality of play, and to that end you have to say Tampa and Toronto are in more or less a dead heat, while the Islanders are dropping off a bit of late. I know we’re supposed to be in awe of the job Doug Weight has done since taking over — winning 36 of an available 58 points (.621) — but in terms of actual quality of play I have to say he’s never really done much to push this team above the level seen under Jack Capuano.

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Now, that’s not necessarily on him, because that roster just isn’t great, and it’s nice to get results for sure, regardless of how you do it. But right now even with the weaker strength of schedule and relatively easy travel, the overall form of how they’ve played for the last 10 games it’s pretty easy to be discouraged about their chances. That’s especially true because the Islanders aren’t getting saves from their goaltenders (.883 in all situations in the past 10 games) while the Leafs (.923) and Bolts (.924) definitely are.

You’d hate to immediately reduce this to a two-horse race out of hand, especially given that they do indeed have an extra point on Tampa, but there’s not a lot of encouraging information about where the Islanders are headed here. Again, this boils down to an issue of roster construction, and the fact that Weight seems to have gotten them anywhere close to the playoffs after what Jack Capuano did in the first 42 games is a nice little story. But he didn’t exactly sit down to a good hand here, and sometimes that’s how it goes.

With both Toronto and Tampa looking like the most likely final opponents for that last playoff spot, and the Leafs enjoying that two-point advantage, it’s kind of a amazing these divisional opponents seem to have so little else separating them in the past two weeks or so.

Toronto probably remains the better team for the balance of the season but that’s discounting the fact that they’ve only recently recovered from a swoon they suffered from December to early February or so, but Tampa was playing even better for a recent stretch.

But here’s the amazing thing: Over the past 15 games they’ve both played, they’re effectively the same team in most respects.

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Tampa has a few meager advantages here but its team shooting percentage is low enough to be worrying right now. It’s not for lack of a surfeit of scoring chances — they’re getting more than their opponents by a considerable — but they’re doing the Julien-style thing where they don’t actually generate a lot, but they just give up far fewer (third-fewest per 60 in the league since Feb. 15, in fact). They also put themselves at a significant disadvantage when it comes to committing too many penalties. Tampa’s currently fourth-best at limiting expected goals, which tells you how well they’re keeping opponents away from their net.

As for the Leafs, well, they remain a chance-generation factory (more than 11 per 60, with only three teams league-wide ahead of them). But no surprise here, they can’t exactly lock down their own zone. It’s a good thing their goaltending situation sorted itself out and is delivering above-average results, because the team in front of Freddie Andersen is giving up almost as many scoring chances per 60 minutes these days as Buffalo.

There’s plenty of reason to think both these teams can close it out and take that last playoff spot. The Leafs have the league’s best coach, high-end talent up front, and good goaltending. Tampa has a bit of a disadvantage behind the bench but not much of one, and elite talent at literally every position.

One gets the feeling this will be a nail-biter, especially because neither team is currently playing as well as it probably could be. It would be awesome for the league if it literally came down to April 9, when Tampa hosts Buffalo to close out the season at 5 p.m. and the Leafs host Columbus an hour later.

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The real dream, of course, is that this all boils down to both teams’ 80th game of the season, because it’s head-to-head. On April 6, Tampa will visit Toronto as part of a three-game road trip. But regardless, there’s going to be plenty to root for down the stretch, especially for whichever team wins the No. 1 seed in the East.

Who would you rather play in the playoffs: Toronto or Tampa? Not as easy a question to answer as you’d have thought at the beginning of the season, is it?

What We Learned

Anaheim Ducks: This is getting a little closer than I would have thought, too. Four points to make up on the Sharks with one extra game played seems like a tall feat, though.

Arizona Coyotes: I love when eliminated teams are just content to “play spoiler.” They’re anti-Kings tanking.

Boston Bruins: The Bruins are probably going to add Charlie McAvoy for the playoffs after next weekend (unless BU wins two games, which is within the realm of possibility). Maybe Anders Bjork, too. I don’t see Notre Dame having a real chance to advance to the Frozen Four.

Buffalo Sabres: Starting to hear more and more noise about Bylsma being canned. I don’t think this season is fault. Look at that defense. It’s horrible.

Calgary Flames: Curtis Lazar still hasn’t played a game for the club since they traded for him at the deadline. Tough to change your lineup when you’ve won 10 of 11, though.

Carolina Hurricanes: Guys this isn’t how you’re supposed to tank!

Chicago: Can you imagine wanting to hear Patrick Kane’s opinion on the USA Hockey women’s team’s pay issue? Why not go to the zoo and ask a jackal? You’ll probably get a more substantive answer.

Colorado Avalanche: Love that Colorado now has to reassure itself that, yeah, their prospects don’t want to all Vesey their way out of Denver at the first opportunity.

Columbus Blue Jackets: If there’s one team you want to blow a lead against, it’s for sure the Islanders. You know you’re gonna get a goal back at some point.

Dallas Stars: It’s almost like this was a foreseeable problem.

Detroit Red Wings: Haha imagine getting pumped because a team steamrolled the Avs? Man, what a season in Detroit.

Edmonton Oilers: My new theory is that Cam Talbot is going to be bad next year because he’s going to have played 197 games this season.

Florida Panthers: I think you can safely say the Panthers’ season is over, sorry.

Los Angeles Kings: Yes. Thanks for asking.

Minnesota Wild: You’ll never guess Devan Dubnyk’s save percentage starting with his 50th appearance of the year on March 5: it’s .898. No wonder they’re losing.

Montreal Canadiens: Alex Radulov is still having very good season. I’m very happy about that. Sorry to The Haters out there.

Nashville Predators: Win on the road against the caps, then two nights later lose on the road against the Hurricanes. Weird season, man.

New Jersey Devils: The Devils snapped a 10-game losing streak by annihilating the Flyers. Hilarious.

New York Islanders: When they end up missing the playoffs, we’ll all look back and say losing this game is probably what tanked the Islanders’ season.

New York Rangers: The Rangers are bad at home and good on the road. It’s because they try harder on the road. I bet that’s why.

Ottawa Senators: Looks like the Sens probably won’t sign Colin White to help them for the stretch run here. They’re letting Burrows and Stalberg squeeze him out of a spring roster spot.

Philadelphia Flyers: Important to stay hydrated, folks.

Pittsburgh Penguins: I hate to see this!

San Jose Sharks: Jannik Hansen being out any longer period of time than a few games would probably not be ideal.

St. Louis Blues: Turns out, folks, that rich people have nice houses.

Tampa Bay Lightning: You really gotta hope that Stamkos is able to stay healthy at some point. What a shame we’re robbed of his talent so often.

Toronto Maple Leafs: Auston Matthews! Big scoring slump! Seven games without a point! Still has 32 goals and 56 points despite playing a whole lot of time with Zach Hyman for some reason.

Vancouver Canucks: I will never stop doing this.

Vegas Golden Knights: I am getting one of these plates and it will say “BLKKNTS.”

Washington Capitals: Man imagine if Barry Trotz called EVERY game a “must-win?” They’d never lose folks.

Winnipeg Jets: An alternative headline: Shawn Matthias out two weeks.

Play of the Weekend

Might want to put someone on that McDavid guy. Baertschi gets caught puck-watching and gives him eight feet down the wing. Recipe for disaster.

Gold Star Award

My nice sons have done it again.

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Minus of the Weekend

TAMPA, FL – MARCH 18: T.J. Oshie #77 of the Washington Capitals celebrates a goal against goalie Andrei Vasilevskiy #88 of the Tampa Bay Lightning during the first period at Amalie Arena on March 18, 2017 in Tampa, Florida. (Photo by Mark LoMoglio/NHLI via Getty Images)

Defense optional in this weekend’s Washington/Tampa game: Seven goals allowed on just 63 shots. Uncharacteristic for both teams, to be honest.

Perfect HFBoards Trade Proposal of the Year

User “Kobe Armstrong” is now in the part of the season where we’re getting Vegas-related trade proposals. Thank u Kobe Armstrong.

To Las Vegas: Tomas Plekanec, 2nd 2017, guarantee that Vegas selects Emelin in the expansion draft

To Montreal: 6th/7th round pick

Signoff

I don’t recall saying good luck.

Ryan Lambert is a Puck Daddy columnist. His email is here and his Twitter is here.

(All stats via Corsica unless otherwise noted.)