chart of the day:  |
|
|
|
Yes, there isn't real signs of a consistent recovery.
I sniff either another dump or a bull trap on the track, before a recovery around 13k.
No sign you say? Wait and see.  What do see oh great one?. No seriously, what do you see? I see a bounce up 20% from the yesterday's bottom, RSI still not overbought, StochRSI still down, price in the middle of Bollinger Bands on the 30 minutes-4hours charts, and above all not one single fundamental reason why BTC should be now cheaper than 1 month ago. |
|
|
|
You will have seen the recent plunge in the price of Bitcoin. This was triggered by Bolgakov last week upgrading to an NVidia GeForce® GTX 1080 Ti, which can play Quake III in max resolution at 60fps with all the lighting and textures enabled.
ROTFL! Thx for this. |
|
|
|
Yes, there isn't real signs of a consistent recovery.
I sniff either another dump or a bull trap on the track, before a recovery around 13k.
No sign you say? Wait and see. |
|
|
|
Sounds like the Branch Davidian Waco, Texas compound right before the feds started driving over it with tanks.
Except that it's totally legit. No capital gains tax and similar b/s in Puerto Rico. But hey, if you feel better being assraped by the IRS, just do it. |
|
|
|
I dont want to be a party pooper but sure that this is the bottom? Tbh i expected around 16+ billion volume to signal a true bottom Nevertheless definitely a better buy then 17+ k  Not sure, but if you wait to be sure it could cost you quite more. So if I were not already all-in I would start buying at current levels. Same if I were a short term trader. I am quite confident because of fundamentals more than the 61,8% retracement. |
|
|
|
So bitcoin price is dependent on Jim's iteration of where is waldo?
It is as good a theory as any. (and we need someone to blame) Jim is a perma-bull. He would have done a better service to us by turning bearish near the ATH. Same for the FUDurists who are now crawling out of the woodwork to say "I told you so. Bubble-bubble!!" when we are on the bottom of a huge correction and it's good-buy time. |
|
|
|
I had some similar mishaps using BB (of several trades in a short time with no gain or even small losses), and I guess that it's due to using very short timeframe (like <6 hours) with no minimum gain set, when the price is relatively flat and the BB get very narrow. So I started setting minimum gains with BB and even setting at some positive value the Sell band and Buy band parameters, and I even stopped using BB strategies on timeframes shorter than 6 hours, and after that I didn't have more events of that sort, even if trades get less frequent. Speaking of possible improvements I'd like the addition of trailing stops, and an indication of what strategy triggered each executed order (because I use different strategies on different timeframes on the same markets). |
|
|
|
Prediction:
We will go to $7.4k within eight hours from now and then whipsaw back to over $8k.
A retest would inspire confidence that the bottom is in, if it holds. Then we're ready for another round. |
|
|
|
I have a friend who’s a multi millionaire. Double digits. He got burned on LTC by buying it above $300 when stupid TV was pumping it
If your friend keeps investing like this he won't be a millionaire for long. How could he buy LTC at $300 seeing that it was $4 one year before? I would not buy even a Van Gogh after an 80X price rise in one year, or even a bitcoin. People getting investing advice from the TV will get REKT on any market, and they better stay out of crypto, both for themselves and the already scarce sanity of this market. We already have enough pump chasers. |
|
|
|
I also support blocking people from buying crypto on credit cards. By definition borrowed money is not what you can afford to lose.
Letting them get in debt 100K for a degree in gender studies is totally sound investment instead. |
|
|
|
Btw: I’m probably going to get a BTC plate, maybe “BTC PAYS”, “BTC BOSS” or “HODL BTC” or something. What do you guys think?  BTFD BTC |
|
|
|
The trick is to be extremely cynical, without being so cynical that you completely miss out (Stolfi, Roubini...)
Maybe the next time that the MSM goes hyper on BTC and some crypto-celebrity bets his attributes on some insanely high target, consider selling some. #SignsOfATtop  |
|
|
|
the last instance:  |
|
|
|
WTF the 800 BTC Buy wall at 8K @ GDAX is pulled.
Cleary they are playing with us. + $50,000 this year confirmed. At this rate it will be $3K on monday. meh |
|
|
|
That could be read as a run on Tethers -on finex because there it pays best in btc.
The kraken usdt honey pot is almost empty  Of course: because USDT buy more btc on finex. |
|
|
|
big volume around 9k on finex. this will be interesting whether it can hold or not
They already showed their cards and made it too obvious the exchange is a complete scam by fabricating all this enormous buy support around the $9k area when other exchanges are $300 lower. There was absolutely no reason for anyone to waste like $50+ million defending that level when other exchanges had long busted through it. This means they're just printing Gox dollars out of thin air to try and defend price all the way down. That could be read as a run on Tethers -on finex because there it pays best in btc. And that real cash exchanges are getting dumped on harder is obvious: who would like to wait for a bank wire from finex? But no worries: if no bottom will hold we can always have a drink.  |
|
|
|
Still nothin'. Looks exactly the same with the font turned down to 2 on all of them :/. Funny thing is its not just on this pc its on all of the pcs that I have tried to install it on.
I had strange display issues (way oversized window not resizable) when using leonardo with linux mint and a monitor connected with an hdmi cable. I moved it to another box with linux mint and a monitor connected with a vga cable and everything works fine there. |
|
|
|
|
Show Posts
