I sense a disturbance in the blockchain.
I have a feeling we're setting up for moonshot this week.
Strangely i feel this disturbance also. From weeks of feeling fud, there is suddenly a feeling of calmness / optimism in my mood. Its also been awhile since tether printed anything from a high of $100million + per week not so long ago. No one wants a tether pump of course but if it happens, i feel the timing is right There is no need for new tethers for now. During the tether FUD, crypto was converted for half a billion tethers. A quarter of a billion of the tethers went back to Bitfinex during the pump to 11.8K. Now a quarter of a billion remains (see https://omniexplorer.info/lookupadd.aspx?address=1KYiKJEfdJtap9QX2v9BXJMpz2SfU4pgZw&page=1) that will go for another pump (13-15K). The last bear attempt was very dissapointing for them, clearly no one is willing to sell below 9K anymore. This is good and the new bull run is about to start soon. Edit: While I was writing the post BTC jumped form 9.68 to 10K! |
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But this time is like a non-event  About price: how long until Batman pattern will be followed by that of Superman? From what I read on twitter shorts are rekt. They hoped for the price to fall below 9K. This is not happening for now, so they are forced to buy at the same levels 9.5K-ish they sold. The next week I expect some upward movement which may be extended in the week after that up to 15K range. If bears want to cause more than 20% drop they will need volume which is clearly lacking right now. From 15K they can try to retrace to 12K and if lucky to 10K. Anyway, everyone has an interest that the lows are getting higher and higher, so the next ATH remains possible this year. |
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Stocks down. Gold down. Silver down. Alts down. Bitcoin up. Cockr0ach posts up. Doom is coming:  |
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r0ach looking at the 10K price of BTC  |
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So ...
Some asshole tanked the price right before 10k?
That's the spirit ...
2k BTC was sold in 5 mins on bitfinex and simultaneously 2k dissapeared from the 5k wall at 11K price. Probably the same asshole. But the loss is his, not ours. BTC must consolidate first around 9600 before the next leg to 10K and beyond. |
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The issue in my opinion is all crypto ETFs should be crypto (as opposed to fiat) backed.
Valueless tokens backed by other valueless tokens? Yea, that sounds like a great monetary system. You people are high on your own koolaid now. You're typing illogical nonsense to try and deceive 90yr old retirees into buying your valueless tokens and started believing your own lies. It's going to be hilarious when silver and gold obliterate these things and all the imaginary, valueless tokens implode to nothing. What is silver backed by? What kind of idiotic question is that? "Backing" means you're holding a fucking IOU. If you have a physical commodity money, you have removed middlemen and counterparty risk and are not dealing in worthless IOUs. Bitcoin on the other hand is just a centralized, permissioned ledger with built-in middlemen and doesn't remove counterparty risk. It's like willingly admitting yourself into a prison where you have to bribe the transaction validators in order to spend your own funds. Since it's non-fungible, the govt can then just declare you an enemy of the state and bar you from transacting at all. Good job willingly entering yourself into a digital prison cucks! There's still counterparty risk involved if you consider the possibility of either the cost of synthesizing silver dropping significantly or silver becoming worthless due to the emergence of a better material in the future. And if you believe that this risk is nil you're deluding yourself. The number of r0ach posts is straight proportional to the rise of BTC price. It must be painful for him to see how much he could have profited if he didn't make that horrid decision to get into the heavily manipulated by the governments metals market. Now he can only grind teeth in despair and caress his 'priceless' silver lumps under his pillow. |
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Huge wall on 11000.
Fine.... one thing at a time? lol This wall has been there for 3 days at least. Btw, a hidden wall of 1K BTC was eaten at 8999.6 on Bitfinex. |
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I rose the price $400 with one train pic. Just imagine if we all started posting train pics.
 i am willing to give it a try. let's see if this leads to another leg up. Let's hope... unless some bear breaks it up. These beasts are hard to kill;D   |
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Each Sunday at Bitfinex we have 15% drop, caused by 13-15K BTC sold more than bought. Who are these guys: miners, corporate accounts playing with lending/margin trading? Why they sell always on Sunday/Monday in the last months? I read a post in twitter that corporate accounts will be closed soon. May be this is the cancer that stops the bull runs.
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Any hold above $8k for the next 3 days, or a small dip below and then quickly back up above $8k, would be extremely bullish. Last time it breached the 200EMA within 9 weeks of ATH was in 2011 and it wasn't as deep.
True. I'm surprised we got there so soon tbh. Also bullish. I am glad to see that those every day 10-20% drops are no more. Clearly the big weak-hand-cleansing from the other day was necessary to achieve a steady and lasting growth towards 20K. |
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trying to figure out where to retire to in order to minimze ones tax bill on the million$
one has amassed in bitcoin riches.
what a lovely problem to have.....
So you decided to retire after selling at 6-7K and not 20K? Doesn't make any sense to me! Judging from your previous post you sold at 1K? well i sold @12800
Your entire stash ? It’s a bit like those guys who sold their entire stash at $8 per coin because it can’t go any higher. yeah... when kicking myself for selling a chunk at $1000 early last year, (lesson learned, dont listen to delusional jew haters, lol) I think of those that sold everything at $8, and I don't feel so bad.... And all your other posts are bearish like the former twitter 'celebrity' bitfinexed who also sold at 1K. May be the doctor will wake you up any moment and tell you to take your medicine? |
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Really? The chairs of both CFTC and SEC are bullish and nobody notice? Why I still see posts like " Oh, we will see 6K retest etc. etc. " It is finished with the dump, done, finito! Get over it! "It's important to remember that if there were no bitcoin, there would be no distributed ledger technology." That was the response from Commodity Futures Trading Commission chairman J. Christopher Giancarlo when asked by Arkansas Senator Tom Cotton about the value of the technology underlying cryptocurrencies like bitcoin. ............ Asked whether derivatives products like exchange-traded funds could help stabilize bitcoin’s wild price fluctuations, Clayton said it would depend on the investors. Clayton went so far as to suggest that the agency might one day green-light such a financial product, a notable comment given that the SEC shot down the ETF proposed by investors Cameron and Tyler Winklevoss (that effort remains subject to an appeal). "If we get comfortable ... then we can move forward," he said. Sources: https://www.coindesk.com/thered-no-dlt-without-bitcoin-says-cftc-chief/https://www.coindesk.com/cftcs-giancarlo-used-volatile-assets-like-bitcoin/ |
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