Seems like the market formed a double top. There may be a small dead cat bounce but after that it’s only down I’m afraid. Welcome to the next long crypto winter. You should sell everything & sit on the sidelines, ready to buy back sub $10,000 in 2023.
It was fun whilst it lasted but the top is in. Sell everything now before the long crypto winter engulfs you.
Seems like you have no clue what a double top is. Hint: second top is lower than the first. But hey, if you still believe in sub $10k prices, i just wish you HFSP  I'm in a kind of bad mood today. This is the nicest answer to this bullshit post that i could write up. Technically price has (so far) formed a double top on a Weekly time-frame. Double tops aren't where price is exactly the same, but when they are close enough prior to a reversal (such as <3%). That said, Bitcoin has never ended it's mid or long-term bull markets with a double top, especially 6 months apart, so I find it highly unlikely this will be the case this time around. $10K is otherwise an insane price to be targeting. $10K would more likely yield $1K prices with a definite bubble burst than a new low, as it would invalidate 10 years of price history. The 200 Week MA that price has never broken below in the past 6 years is currently >$15K, by 2023 it'll likely be >$20K This is just the fakeout for the "double top believers" and traditional traders prior to new ATH  I prefer the theory that double tops are meant to be broken, as it weakens resistance... This is the far better argumentation than my rant. I am too grumpy to comment in an objective way today mostly, falling back to read-only mode...  |
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Seems like the market formed a double top. There may be a small dead cat bounce but after that it’s only down I’m afraid. Welcome to the next long crypto winter. You should sell everything & sit on the sidelines, ready to buy back sub $10,000 in 2023.
It was fun whilst it lasted but the top is in. Sell everything now before the long crypto winter engulfs you.
Seems like you have no clue what a double top is. Hint: second top is lower than the first. But hey, if you still believe in sub $10k prices, i just wish you HFSP I'm in a kind of bad mood today. This is the nicest answer to this bullshit post that i could write up. |
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At this stage I don't understand why every Tom, Dick, Harry and their dogs aren't buying Bitcoin.
What the fuck are people waiting for?
The news is literally reporting in the UK that inflation will hit 5.4% next year.
I'm of the opinion they always under report this. So real figures will be higher surely.
People are fine with getting 5-6% minimum poorer every year yeah?
Are people under the illusion that the precious money they are shoving into their private pensions somehow won't be affected by this?
What the fuck are people doing?
Gold sucks as has been pointed out.
Property most people can't afford or becomes a fucking headache with renters etc.
Why exactly are people waiting and watching themselves getting poorer?
Still hoping on that "inevitable" lottery win as long as they keep playing?
You know what? They don't care. No? Yes. Because they are too distracted. Distracted by everyday life, when they put all their time and effort into earning cash to consume things they really need and/or think thy need. Distracted by the mass media. Everybody knows the latest memes and what the latest fart of celebrity (put any name here) sounds like. Distracted by fear (Covid19, war, hostility within their society...) - also driven by the mass media Like lab mice, which are distracted by running in the wheel. In the end it's ok for most people if they have someone to blame for their problems. Politics, society groups, foreigners, bankers, maybe even bitcoiners... Or tell me, how many people do you know who changed their lifes, all by themselves, for the better? I bet it's a minority, and most other people will hate them when their lifes are miserable enough. That's us humans. |
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... smells like option expiry, just about set your calendar by the bitcoin price these guys are so transparently manipulating now
... picking up pennies in front of the train is never a good idea though
Yo right. I just mentioned oct21 futures and options expiry a few days ago and already forgot about it myself. fuck my life  |
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Poor again.
So, what's the sell-the-news event this time? Elon? China? Yellen? Tinfoil hands... EDIT: Thanks. Quickly bought this dip. Rather costly via broker, but i just broke even on this buy. |
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I just read an article in Fiat Times and it proved that Bitcoin was going to go to zero..
I just sold all my coins.. I hope you do too before it’s too late!!
Sorry, my coins were lost in a boating accident on a trip to the mountains, yesterday  I will celebrate the funeral of my stash with a little photo of the landscape, later this day. |
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I knew a devastating crash was coming!
Yo right, llama boy  Poor $USD crashing hard against $BTC |
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Ey, Buddy!
Wrong direction, my friend!
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 Meh, they can’t handle BTC… No worries, mate. BTC will handle them   |
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Observing $62,376 = Better!
Let’s begin a slow grind up to $70,000 this week.
Have a good one today boys.
I could well live with +$10k per week. LFG, ChartBuddy! I was beginning to consider $1k per day or some variation of that, but then realizing that bitcoin does not work like that.. so we might start to get $1k per day then all of a sudden we get a $10k day.. perhaps? momentum was down just yesterday-ish.. and then we had nearly 24 hours of reversing.. so then.. has the baby-sized (or would it be ant-sized?) down reversed? Could be, no? That's why i wrote "per week". It's easier to iron out ant pumps and corrections that reverse in a matter of days on bigger timeframes. Of course, it's often a question of timing (say, the weekly candle closes high or low, for example) when weekly would not be "of enough average" to incorporate such rough expressions like "$10k". Stepping up in timeframe size would probably mostly help in a more cosmetic way. However, i could really well live with that, too. Everything would do, as long as there is a + in front of the change  Actually, another thing that I thought of regarding a kind of gradual scenario is that at some point we have to get suspicious regarding "why isn't there no battle?" So, even if the battle is not constant, it seems that we should want to see a "battle" every once in a while, just to be able to appreciate that whatever move is happening is real rather than just cooperating whales causing the price moves to happen.. and it gets so much better and exciting when the whales lose control... .. for example I doubt that the bearwhales wanted the price to get above $43k/$46k in early August.. but they likely did not really have a choice.. and I doubt that they wanted the price to get above $53/$55k in early October, and they likely did not have much of a choice at that point, either.. my tentative thinking....
"Are these bearwhales with us in the room right now?" Seriously, i think bearwhales (BW) progress, like most other market participants, over time. The levels of leverage and increased volumes using it make it easy to make it drop in the BW's favour in sideways moments on low trading volumes. The way down is steeper, chances to trigger a decrease in price enough to pick up the liquidated mess from the ground. This is slowing down bullish momentum and empowering the BW, imo. When retail money is being poured in, they stop the selling to have ammo for the next bear cycle(s). This way, they also profit from steep rises in price, if they are patient enough to ride it out. There's much in the (order)books to evaluate and manage the bear's risk ratio. Damn goblins! And, they do not really like that we continue to be in noman's land because there is not really much that they can do about that, but that bridge was crossed in early October.. so it is largely just a matter of getting through this.. with only token battles along the way.. perhaps? perhaps?
Agreeing on this, too. |
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Observing $62,376 = Better!
Let’s begin a slow grind up to $70,000 this week.
Have a good one today boys.
I could well live with +$10k per week. LFG, ChartBuddy! |
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Looks like we're still fucked, accoring to this preprint: https://www.medrxiv.org/content/10.1101/2021.09.28.21264260v2.full-textBasically shows that protection against Delta NOTinfection and spreading wane to levels seen in unvaccinated persons within a few months (12 weeks) after full vaccination. Jabbing people from Q1 to Q3/2021 and reducing measures for the vaccinated group in upcoming winter means a lot of spreading and active cases. Now tell me again that covid vaccines are a real gamechanger... Significant immunity from covid19 seems to be effective in most cases up to a year, at least. Maybe even longer, but we have to wait for more data. About 0.3 percent of covid19 patients got re-infected yet, while the covid rates in the fully vaccinated group are significantly higher. I'm not an anti-vaxxer, but the current vaccines won't take us far in trying to "end the pandemic". EDIT: Probably the best strategy would be to get infected with covid within 1-2 months after full vaccination. EDIT2: Found an error.
In other news (auto-translated from german): Viennese researchers develop super antibodies for nasal sprays
By merging two IgA-type antibody molecules that are directed against the SARS-CoV-2 virus, scientists in Vienna working with Herta Steinkellner from the University of Natural Resources and Life Sciences (Boku) Vienna have succeeded in producing a highly effective type of super-antibody . In the specialist journal "PNAS" they show that their so-called IgA dimer neutralizes the coronavirus up to 240 times better than the simple structure (monomer). That could pave the way for nasal antiviral sprays.
Steinkellner and her team use a tobacco plant (Nicotiana benthamiana) to produce antibodies by introducing genes from parts of the body's defenses into the plant. A bacterium helps them deliver the genetic material into the plant, which then temporarily assembles the specific proteins desired.
Only recently was it possible to produce IgG antibodies in this way, which are actually formed rather late in the course of an infection. Among the four subtypes (IgG1, IgG2, IgG3 and IgG4) from this group, the difficult to produce IgG3 antibodies turned out to be 50 times better at neutralizing the SARS-CoV-2 viruses than IgG1 antibodies. This promising result, which was achieved in infected cell cultures, was also presented in the journal "PNAS".
[moderator's note: consecutive posts merged] |
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holy fuk i'm 2 pages back and i got so wasted tonight i dropped the bike in the middle of th elawnancdi ' m tood rfunk to pick it up !
Heh, i tried to soak the remains of the vaporized weed in gin (43% vol) for three days. The color of the gin-tonic was interesting, a dark rosè tint. Even more interesting, the effects. Quite a hammer, THCA and alcohol seem to combine well in this way. Felt like drinking three times as much, only without the after effects in the morning. |
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Bought a little of this dip @ roughly $60.700 I had 6 trades going all the way down, and still missed the bottom by $1,100.00! ran outta fiat! Next time! This is the way to think about it Most of the time i was in your situation when i was buying the dip before the real dip(s). Yesterday, when i was convinced that the bottom was in, i didn't buy as usual. No, i was waiting this time. Paid off. #hodl |
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Bought a little of this dip @ roughly $60.700 |
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Note that they never do it with a high-dollar condenser, usually your basic dynamic mic. But still....
I would probably murder the bastard that dropped my rhodium plated U87. Absolutely serious. Nobody would really handhold such an exclusive Neumann. If so, he almost deserves death without even dropping it.  While Electro-voice's look like they were built for dropping on a regular basis (I once owned an EV-PL10 that died, used it on stage a lot for micing my snare drum, this one could take some good hits and also some spilled beer). working on the new chicken barn.
hahahahaha a chicken barn... hahahahaha I would call it a chicken coop... but hey, that might just be me. well, while i may call my chicken coop a chicken coop too maybe outofmemeory has really, really BIG chickens. perhaps.. perhaps? It's a coop, they're regular chickens, fo sure |
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^ Well, "chicken coop" definitely is the better term.
Re-testing 60k it seems?
BTFD
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WO abandoned. Only me and Chartbuddy left
I am reading WO from the smartphone as a guest over the day, working on the new chicken barn. * OutOfMemory sends a #nohomo WO-hug over the net |
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better stop you right now, Buddy...
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