I always thought that wave 5 prices couldn't break through the 2-4 line, and in your count it does in PRIMARY wave.
The only exception were waves 5 in the form of terminal wedges. in which their respective waves 2 and 4 could cross the main 2-4, but this wave 5 looks more like an expanding triangle.
If it is valid, why not draw the line 2-4 and get the channel parallel to that 2-4?
The 2-4 parallel channelling is just a guide, which may not work well with exponential logarithmic charting ! and can wave 5 break wave 2-4 in this case? |
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I always thought that wave 5 prices couldn't break through the 2-4 line, and in your count it does in PRIMARY wave. The only exception were waves 5 in the form of terminal wedges. in which their respective waves 2 and 4 could cross the main 2-4, but this wave 5 looks more like an expanding triangle. If it is valid, why not draw the line 2-4 and get the channel parallel to that 2-4? |
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CT announces that it has nothing to do with the Huobi IOU listing, however, it is benefiting from the interest PI has aroused since Dec/29, with the PI IOU listing trading above $100:- people who had abandoned, now hit the button again
- people who had doubts with KYC, will now do it blindfolded
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This PI thing, I dont know how legit it is , but what I heard was that once they launch it a Pi will worth more than a hundred dollars, which is really huge , I have a friend that has gotten up to 15k pi and he is still mining, but I don't see it happening in the nearest 4years
My opinion sha, and some people have problems of KYC , many have stopped mining while many are still mining,
I have been mining Pi for over two years. I haven't done KYC yet. I have pi 1200+. I hear from many people that its future is very good. Many people say that it is a scam project. If it is listed on an exchange sometime in the future and its price is 100$+. Then the wheel of many people's lives will turn from here. by the amount of PI there is,being optimistic, I bet for $10 maximum (when it officially goes to an exchange), if it's worth more, better, but it will be very difficult. Unless CT looks for another invention so that people don't sell at the beginning, as has been the issue of the blockade. For example, there are people who have only been able to transfer to mainnet the PI generated by themselves, not a single PI from their referral team, which, according to the app, are pending calculation. Therefore, it is possible that when open mainnet is launched, these PIs are not yet calculated, and they may be a very high percentage of the total. |
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any bets on when Open mainnet will be released? I was told in another forum that it could coincide with the next Pi day, in March/23. If it were in March, it seems that Huobi's announcement is too early. |
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In 3 weeks it looks like we'll have a new thread, "2023 Elliot Wave."
My bet is that in these last two weeks they will do (V), and there it will end MINOR C
Happy New Year to all!!
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I'm a bit surprised that pi has existed since 2 years ago, now in my country it's still booming, and many pi collectors are valued at $0.5 even though they haven't been listed on any exchange, for those who want to sell pi mainet can contact me via dm to get a candidate buyer.
I saw some people are buying at 0.6$ to 0.8$ in my country. I am not sure why some people buy it at this high price. Most of the PI coins has already been mined and its total supply is massive. According to its supply 0.5$ is an unrealistic value but if you want to really buy at that price then I have some PI coins for you which I mined early. How do you want to make the deal? In Telegram you can find several groups where PI is exchanged. You can simply search for "pi network sell" This week it has been above $0.50 Although I don't know how they risk buying, when it seems that they are already freezing accounts for buying PI with fiat. https://twitter.com/PiNewsMedia/status/1558415969566937088Today the price has dropped to $0.40, probably affected by the news of frozen accounts. |
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I don't think a rule like that will still be obeyed as many people have been mining the coin for a long time. I think those people are willing to break the rules because they are also scared that what if there will be no listing that will happen? For them it's better to sell the coin for something than totally wasting their effort.
Maybe the consequences for doing this is that your pi account will get banned but they can care less since the coins are already moved to the other wallet and they won't mine again. Another consequence that an early seller can face is that they can get scammed but they can always use an escrow if the deals are decent.
The fact that there are buyers of PI, even at apparently low prices, It is a good signal.  I don't think those who are willing to buy now are doing so to lose money.  Hopefully it won't take long for the team to open Mainnet, because the people who need the money (to eat, to pay for electricity, for diesel for their cars, for their children's books, for medicine...for a new mobile) don't they will hesitate to sell their PI.  They may not do it today, but in a week or two they will.  And it would be unfair for the most needy to be the least benefited.  Be very careful with escrows, make sure you have very good references. |
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I'm a bit surprised that pi has existed since 2 years ago, now in my country it's still booming, and many pi collectors are valued at $0.5 even though they haven't been listed on any exchange, for those who want to sell pi mainet can contact me via dm to get a candidate buyer.
the rules do not allow to exchange IP for fiat or other cryptocurrencies, until reaching open mainnet. Be careful how you make the transaction, because I don't know what the consequence would be. |
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Congrats to all Pi network believers Pi Network Mainnet is already up and running, already received mine and make a test send to my friend immediately all went smooth, All I can say for now PI network is legit the only issues about this app is from members who are saying like a consensus value of $314,159 lol this is really impossible there is no such consensus value and this will never been agreed only market demands knows what will be the value of Pi coin so lets all wait together for updates. Explorer link if you guys want to check it out https://minepi.com/blockexplorer I hope it doesn't take long for OPEN MAINNET to arrive, suspicious places to spend IP are already appearing. It is completely logical that they appear, it should not take many months for the team to go OPEN, or there will be many cheated pioneers. An example: https://www.reddit.com/r/PiNetwork/comments/w612jf/pi_ecard/ |
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what happened to this scenario? you commented that it would activate below 25k$Would we be in CYCLE II? The doomsday Elliott Wave count may begin to be considered if BTC declines below $25K and/or if GBTC declines below $17.40...  |
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Bitcoin upcoming Fibonacci-derived support zones...
Isn't it easier that 3 ended on Nov/21 and what follows is a zig-zag ABC of correction? Yes, it would have been a more simple and easier market to analyse, but the EW count doesn't fit that scenario. you mean your count, in which it seems that there is only one possible option, that of irregular correction from the maximum of 3.Not only do I see a zig-zag since Nov/21, but ETH made a failure of 5th on the same date, and is doing the same zig-zag. Of course, I warn that I am no specialist. no one sees that the 3rd wave has ended, because they did not understand the essence of the waves I don't know which third wave you mean, is it the impulse wave or the correction wave? |
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Bitcoin upcoming Fibonacci-derived support zones...
Isn't it easier that 3 ended on Nov/21 and what follows is a zig-zag ABC of correction? Yes, it would have been a more simple and easier market to analyse, but the EW count doesn't fit that scenario. you mean your count, in which it seems that there is only one possible option, that of irregular correction from the maximum of 3.Not only do I see a zig-zag since Nov/21, but ETH made a failure of 5th on the same date, and is doing the same zig-zag. Of course, I warn that I am no specialist. |
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Bitcoin upcoming Fibonacci-derived support zones...
Isn't it easier that 3 ended on Nov/21 and what follows is a zig-zag ABC of correction? |
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Simply in May-June a cycle appears (281 days), which can be maximum or minimum. But cycles change.  Sorry for the off topic. Just a little update. Finally it was Bottom, impossible to know if the next one, marked within a year, will be ATH or not.  |
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@xxxx123abcxxxx: do you see a viable EW count where APR-2021 (or NOV 2021) could be considered the top of the PRIMARY[5] wave?
If it does exist, do you think it is less probable than the count you are considering currently?
Thanks for your input.
The doomsday Elliott Wave count may begin to be considered if BTC declines below $25K and/or if GBTC declines below $17.40... [ why do you draw CICLE II for $1700, when in another post you talked about -90%, what is +7000$? https://bitcointalk.org/index.php?topic=5379463.msg58906541#msg58906541 |
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I would like to have more information about this "potential liquidity event", but these Mycellium people do not have social networks, not even here on Bitcointalk. Why they chose so anonymity? not only them, they have made 72 token submissions, and hardly anyone has written here. Either they consider these tokens useless or they are very secretive too. The thing is that I don't know if this liquidity event has a real chance of happening and what scope it would have for token holders. Because if the event consists of someone putting up $100 million, it would have little impact on the holders, considering that they only represent 5% of the shares. |
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PRIMARY degree bull markets in Bitcoin have so far topped in December or thereabouts, so expecting the current bull market to do the same, but just guesswork... PRIMARY[1] bull market: 30-NOV-2013
PRIMARY[3] bull market: 17-DEC-2017
PRIMARY[5] bull market: XX-DEC-2022 ..?
PRIMARY[2] bear market: 14-JAN-2015
PRIMARY[4] bear market: 15-DEC-2018
Both bull & bear markets of PRIMARY degree tend to start & end around December. yes, but the rallies usually last about two months, that means, that if we are already in a rally, we could have a new ATH for May-June, and end of the rise. We won't really know until it happens, however, the steeper the climb, the more likely it will be the last climb, and chances are it will end in May-June. Correct, in 2013 it was 2 months, but in 2017 it was more. Who knows how it will be now, if we break maximums. Simply in May-June a cycle appears (281 days), which can be maximum or minimum. But cycles change. |
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