Such a nice green dildo bull trap
no doubt |
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Is this the masterluc pump
Probably not. It will happen but I’m assuming not imminently. but the bottoms are always a spike down then a spike backup, it is at the 7700 level he mentioned. Though I have lost hope now and expect another bear market. At least if that happens I can buy more coins.  |
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If this shit is going to end, I reckon we will need to see the price back up to 10k within the next few days. otherwise it will be back down again.
Every bottom always seems to have a sharp spike down then a spike back up again
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Is this the masterluc pump
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I am very interested to hear what masterluc says next. I doesn't seem like the markets psychology can turn bullish again after this level of beating so soon. This could very well be another 2014/15
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Hmm... looks like I won’t need tax advice this year after all...
Ha, me neither. oh well just wait for another few years |
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So, I keep getting told by everyone that bitcoin is dead and that its all over. Though I can't see this on my chart, I'll post it below and maybe someone can point out where it is dead. I mean hell, to me it looks like it is in a bull run, maybe I have it upside down or something.   |
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For this correction to be over I think we need to see a strong spike down, probably a couple thousand dollars, then a strong spike back up straight after. Looking at the history of corrections before this has always been the case. If this correction turns into a bear market which I reckon would be below 7k. We would need to see the same thing as well for the bear market to end.
I remember in 2013 when silkroad was shut down, quick drop the quick recovery then moon. Same thing in 2015 drop to 150 then spike back up.
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Price continues to slide, it’s been like an avalance for the last month  yep. Its like a physical pain and there is only one cure. It will be interesting in the next poll to see how the mood has changed here. I think at this stage. lower is almost inevitable Seems to be going down to test the support at around the 7500-8000 mark. These dips are barely being bought, so I can absolutely see it getting there. |
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Dear user, We will be reopening the batch of the Antminer A3, the Blake(2b) miner, tomorrow. Only Bitcoin Cash (BCH) will be accepted as payment method for this batch. Please select the payment method within 30 minutes of your order submission or otherwise, your order will be EXPIRED. 7. After successfully selecting the payment method, please complete the Bitcoin cash (BCH) payment for your order within one hour, or, otherwise, your order will be EXPIRED.  BCH rulez ... or i will not buy but .. why? bch Because the only thing bcash is used for is buying antminers. If they don't enforce that as the payment method, bcash is not used anywhere else. The sociopaths behind bcash have egos to satisfy, remember they are geniuses because they bought in early, and they are geniuses because they created the real bitcoin called bcash. lol. |
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Edit: great buying guys ! Bottom of the wedge !! .... /hide
Or about to take a dive Edit: On another note, the market looks like the only buys and sells are from short term traders trying to make a few bucks. It seems demand from new entrants or long term investors has completely died off. I can see this on my local exchange vs the overseas ones. 2 months ago there was a 10% difference in price, that has now dropped down to <2%. Not good, this massive drop in demand. The whales are letting the market to cool off after their pump and dump. Calculating profits As soon as they're sure all weak hands are out they'll pump again. We aren't even close to the weak hands being forced out yet. This is shaping up to be another 2014/15. Put the screens down and check back in two years Why do you say that? I think that any weak hands would have been forced out long ago, when the price dropped to 9k. weak hands are gone IMO as well. |
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Edit: great buying guys ! Bottom of the wedge !! .... /hide
Or about to take a dive Edit: On another note, the market looks like the only buys and sells are from short term traders trying to make a few bucks. It seems demand from new entrants or long term investors has completely died off. I can see this on my local exchange vs the overseas ones. 2 months ago there was a 10% difference in price, that has now dropped down to <2%. Not good, this massive drop in demand. The whales are letting the market to cool off after their pump and dump. Calculating profits As soon as they're sure all weak hands are out they'll pump again. We aren't even close to the weak hands being forced out yet. This is shaping up to be another 2014/15. Put the screens down and check back in two years This is what I fear, though I do think BTC now is very different from BTC back then. So I don't see a greater than 80% correction like last time. |
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Edit: great buying guys ! Bottom of the wedge !! .... /hide
Or about to take a dive Edit: On another note, the market looks like the only buys and sells are from short term traders trying to make a few bucks. It seems demand from new entrants or long term investors has completely died off. I can see this on my local exchange vs the overseas ones. 2 months ago there was a 10% difference in price, that has now dropped down to <2%. Not good, this massive drop in demand. |
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Shaking the tree again?
yes, it never seems to end. We are near the old resistance level of the previous symmetrical triangle (and downtrend) though, so a bounce off this level would be bullish. Of course if it doesn't bounce that would be very bearish, and mean that the previous break was just a false breakout. |
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Ummm no. ETC actually is the unforked version. I think a letter to the NIST is in order.
NIST, would have written it intentionally. anything that is .gov is pretty much against BTC. |
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 so, bitcoin cash is the original blockchain. interesting. Fuck me, what is it with these arseholes. A softfork is now a hardfork and a hardfork is now a softfork. It's because of dickheads like these that bitcoin needs to succeed and be ultimate champion. Bcash is the tool of the globalists, something they created, and can control. It's a centralized shitcoin, nothing else. |
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(uninteresting titless img snipped)
(interesting img worth reposting cause tits) The first cheering half-tit of a budding calf run? The lady knows how to handle flow. Merited as a micro push. But you invite me to your next party okay?  schwing. Yep, definitely a break to the upside. Providing it isn't false, I think next resistance will be above 14k, close to 15k maybe. |
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Bitcoin usually has to go down before it goes up, and similarly go up before it goes down. A fake breakout from within this pattern to somewhere between 14K at 20K at these same volume levels which never properly increased, and then a subsequent decline, would set the stage for the real exit from the bull market.
Maybe. It's all maybe until it happens. |
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Getting back on topic... anyone else noticing solid support gathering between the $10k to $11k range?
Roughly 2,400 BTC from 11k to 10k on GDAX. I've been watching support grow all day in that range. I'm feeling optimistic about the next 96 hours.
*Edit* Just noticed the 1,000+ BTC wall at the magical Masterluc $7,700 mark. Quite the following.
He doesn't think it will get to 7700 though. I could be wrong here, but, I it seems he believes that 7700 is the last support level and if that goes so does the bull market. This is what Enky mentioned in his last blog post, and Masterluc does follow him. I'm pretty sure though Masterluc is of the opinion that the correction is over, and we will go sideways for a bit and then up. Seems like support is forming, and we are in a symmetrical triangle pattern (30min). If it breaks up I think we will continue on up from there. |
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I'm seeing 1.7tps edit: then the transactions just went batshit crazy and went to 7 tps. I think that 24 was when an exchange made a shitload of transactions at once or something. actually that TPS varies way to much to be useful, needs to average out over the hour or something. |
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