That was the bottom of the bear market. I've seen it several times before and that's what it looked like. You can quote me on that.
note: this was
before the DDOS attack ,and except for Gox,
I NAILED IT!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! note: I sold the bounce and bought the DDOS dip too!!!!!
lol no
Looking thick, solid, tight. Looking forward to seeing what else you got. Good luck with your crypto goals in 2014.
~800 range within the next 2 months. Based off of nothing but my magic 8 ball.
Feels manipulated as hell. Whales shook the tree and weak hands dropped bitcoin. Now here we go...
I just send lightning network devs that we need this update soon, and spammed them like 10 e-mails. Guys do it also and send them messages to the e-mail below.E-mail:
contact@lightning.networkE-mail title: We need good news for btc growth.
Inside E-mail : Please guys you're the only ones that can make it moon.
Keep spamming them so they can read.
smh
We’re in the cross-over transition phase between a correction and the next impulse up.
I sold my trading stash over the weekend at ~8900. Looked dumb yesterday but increasingly better
Will looking hard at the 8600 level and if it drops below that, ~6200.
The small dump ( healthy small correction ) is over !!
Bitcoin cross 9000$ now, see you after the next bip pump.
Last chance to reload bitcoin is now.
I don’t think so Tim.
ok fine let's do the deep dive now and get it over with
Thats the same guy who dumped then pumped very high bitcoin last weeks, hes doing hes last rebuys around 8650$ then the big pump gonna start by him also.
Just small bear traps inside big pumps.
I predict at least 50K Before end of this year and 20K in less than 2 months from now.
Where did you get the inside scoop?
Right now the 10 DMA is providing support around 8700 USD. We'll probably get a small bounce over the next day or two, but ultimately will need to re-test the 8300 level where the 20 DMA will be in a few days.
Millennial representing.
Wouldn't've minded commenting but too irritating to have to sign in.
I appreciate it. Unfortunately just too many spam bots to allow open commenting.
Guys, let's get the topic back on track. All scam accusations should be in the scam accusation child forum.
All we had to do is to click the report button, and get a moderator notified. No need to keep on ranting and derailing this thread which ultimately leads to a bottomless end.
Agreed. I do have a problem when the moderators tolerate folks like @realr0ach insulting Legendary members.
I warned bitcoin was in a
serious bubble last December and I sincerely hope many of you got out over $18,000. We already had the dead cat bounce (great short entry at $15,000) and we are now under a daily Death Cross which is the final confirmation of a bear market:
Any bounce up this month is a bull trap IMO and should be used to raise cash or short. I don't believe we will see the final capitulation until end of this year. Point of maximum pain has not been reached yet and best time to buy is when "there is blood in the streets". I do believe that long term bitcoin will do just fine but expecting a new ATH before the middle to end of 2019 is very low probability. Like unicorn sighting low probability. Sorry about that.
Take trading advice here and confirm with your own analysis. Learn Ichimoku Cloud, Fibonacci, 50/200 daily moving averages/RSI and learn to make your own trading decisions. You don't become a profitable trader in one month for most it takes at least a year with guidance from a mentor. Most new traders get wiped out and quit if they are on their own.
In the future I will be posting any important bitcoin analysis or trading set ups on my own website. I have not devoted much time to it lately (too busy trading) but that will change.
How do you reconcile that historically a death cross in Bitcoin has signaled a bottom rather than further downside?
Stop loss hunting before the boom.
As I posted between there and here, Segwit creates three classes of Bitcoins. Each with distinctly different exposure to security vulnerabilities.
1) Those that are completely free of any Segwit taint all the way back to their constituent coinbase transactions;
2) Those that are not currently output from a Segwit transaction, but have Segwit taint between here and their constituent coinbase transactions; and
3) Those that are the output of a Segwit transaction.
now trying to pervert the concept of fungibility.
Just because a coin is being used in a specific way that does not make such coin more or less fungible than if such coin is used in another way.
Geeze, JJG - you need to look up the definition of 'fungible'.
Geez jbreher... I see no reason for me to look up anything related to fungibility. You are trying to make some kind of assertion that lack of fungibility is an issue, and seems that you are just making shit up.
Absolutely false. I am merely saying that Segwit creates a triple-classed asset. And that this is by definition a lack of fungibility. You said that I am "now trying to pervert the concept of fungibility". You were 100% wrong. Own it.
That is definitively a lack of fungibility. A lack of fungibility is in no way limited to some sort of centralized blacklisting.
O.k. Fungibility issues would exist if some coins were easier to spend then others or if I could not get my coins sent because of some issue with them being tainted in some kind of way. Again, where is the evidence of this seemingly fabricated issue (and if it is not completely fabricated it is surely greatly exaggerated)?
The evidence is already given. Segwit creates a triple-classed asset. And that this is by definition a lack of fungibility.
Sure some BIG BLOCKER nutjobs are going to continue to exaggerate negative speculation, like you seem to be doing, and to spread disinformation about supposed catastrophes of lightning network in order to pump their stupid-ass and largely non-substantiated negative talking points.
If you want to argue the
facts of the matter, step up. I made some assertions of fact.
Assertions of facts do not make facts,
true
if you don't show evidence.
but I did.
Pony up some counter-arguments. If what I said is 'disinformation', then it should be a simple matter for you to put forth proof that they are false.
I have no burden to put forth facts to rebut your bare assertions, because I have not seen anything rising to the level of meaningful facts (
beyond assertions about what could happen ... not something that is actually happening)
Facts about what could happen. Exactly.
Curious, are dollars (USD) fungible? Are physical dollar bills and dollars which only exist in a bank ledger separate asset classes? What about dollar bills that have been marked in some way?
Collectivism is a good sign of weakness. It shows that you are not mentally apt enough to see people as individuals with their own thoughts and ideals. Instead you lazily put people into groups based on whatever criteria you come up with to ease your weak brain from needing to think too much.
Yea well the blacks collectivize and the hispanics collectivize and the Chinese collectivize. And all of them see white people as a collective group so they have no qualms about blaming you for the actions of other white people. If you choose not to collectivize with your people than you are going to get steamrolled by people who are willing to do that. It's that simple buddy. I would invite you to die on your hill alone, as an individual, trying to repell the endless tide of people who are willing to collectivize except that
I need you with me because I don't want to die all alone on a hill taking my final comfort in that I was an individual at the end. So it's time to man up and stand with your people.
*edit* I should make a clarification. I'm not an individualist or a collectivist, I'm a necessarian. It's liberalism, and the individualism that is part of liberalism, that lead white people to the success that we found in 16th through 20th centuries and are somewhat clinging to in the 21st. We should advocate individualism where we can and collectivism where and when we must. It's a bit like violence in self defense. You don't want to go around punching people all the time to solve your problems, generally speaking violence is bad, but you need to be prepared and willing to use it when and if you must.
Collectivizing based on something as shallow as skin color rather than morals, beliefs, or hell even politics is pure stupidity.
ot:
Climate change denial – involves denial, dismissal, unwarranted doubt or contrarian views which depart from the scientific consensus on climate change, including the extent to which it is caused by humans,
https://en.m.wikipedia.org/wiki/List_of_topics_characterized_as_pseudosciencelots of these are obvious wierd, but wtf is that^ authoritarian socialist claptrap
on topic: also includes this lol
Technical analysis ... The efficacy of both technical and fundamental analysis is disputed by the efficient-market hypothesis which states that stock market prices are essentially unpredictable.[13] It is still considered by many academics to be pseudoscience.[14]
TA is probably the only pseudoscience where if enough people believe in it, then it becomes true. TA is effective as a form of collective delusion, and that is enough.
Isn’t that just the market mechanism in general?
Some RL issue ...... Have to miss my GF 10 days as she needs to go with her boss to Vegas... she works for him and he go's for 4 weeks or something
Good thing is I could of go with but I have some stuff of my own to do
So nice as he is, my GF can take a friend of hers on his expenses...
Good he's a true good friend of me and I have many people I know there, otherwise I almost have to become jealous (
meh, i'm not the most jealous one and I know me GF pretty good ....), though she needed to come cause he will have some crypto related stuff I think besides of poker there...
Some of you guys in Vegas during the Series??
I got some bad news...
Uptrend to resume next week with a parabolic move. Or maybe the next week as I have a penchant for jumping the gun.
Curious how much of the recent price action has been due to a miner "war" (speculating)? The hash-rate has dropped 45% since the ATH - any thoughts on why?