I like how the price is always break upside in Abandons charts.
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I have no idea who is doing it.
I thought you were referencing the comment above about Bernanke's farts steering the entire global economy. Just the financial economy.
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I have no idea who is doing it. However, I suspect the Bitcoin Hivemind is engaged in cognitive dissonance.
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it was just ironic because according to the internet JPM used astrologers and was an asset trader
According to the internet they also like to LARP in the woods next to a stone owl. Also do you know what's the most ironic thing there is? Saying "Internet" on the Internet.
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If no walls get pulled - 10,000 BTC gets us up to 107 ish, or down to 86. What a disparity...
quick, dump 10000. see what happens! *cue nomnomnomnomnomnoming* lol First cat gets the cream.
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The only people who bet their future on random drawn lines are astrologers and asset traders.
lol “Millionaires don't use Astrology, billionaires do.” lol no
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Euphoria much?
For every bear, if the price is above their bearish view; Euphoria much? I find this rather exiting.
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If you think TA is BS then why you talk about candlestick patterns?
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You guys were saying "2012 crash" all the time, and you know there was a good chance of that happening.
I told you it's crunch time when it was about to pass 80-something and sorry you've missed it, in 2011 the previous low was defended well and the window of opportunity is over imo. As far as comparisons go anyway. This can still end up bullish but it won't be like in 2012.
how I saw 2012 was up down slow up. We can argue that 2011 was the same way. I have no reason to expect anything different this time around. I don't think it would be slow.
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You guys were saying "2012 crash" all the time, and you know there was a good chance of that happening.
I told you it's crunch time when it was about to pass 80-something and sorry you've missed it, in 2011 the previous low was defended well and the window of opportunity is over imo. As far as comparisons go anyway. This can still end up bullish but it won't be like in 2012.
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why does 2013 have to follow 2011? making a proportional overlay is one thing, assuming that it's the same bubble dynamic is another fundamental leap in logic
It doesn't it is just in popular demand to compare it, and I thought I at least do it right. e: I could probably tweak the scaling to come up with a more impressive match (scaling might be closer to 3 than 2.5) but I think everybody gets the point.
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Sigh, here is the actual 2011/2013 overlay, again it takes about 2.5 times as long this time. The scaling factor is kind of arbitrary but it is definitely not 1:1.
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What's up with this? Clearly a large buy, not sell? Am I not understanding something? relatively small sale against the ONGOING ONSLAUGHT OF THE BULLS It's getting larger by the minute. I would suggest you go all in now if you are a ideological bull All in since 66! If that is a consistent trend among you guys we just have seen the top imho.
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What's up with this? Clearly a large buy, not sell? Am I not understanding something? relatively small sale against the ONGOING ONSLAUGHT OF THE BULLS It's getting larger by the minute. I would suggest you go all in now if you are a ideological bull
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True Miners aren't a borg-like entity, but nodes aren't either and how I see it hazek is saying here that it wouldn't be an issue if they were. (a borg like entity)
ASICs are a bitter-sweet pill in that regard, on one hand it is now certain that miners can't be made to leave like it was possible with gpus where some potentially immensely more profitable venture could lure them all away, it would have to be SHA-2. On the other hand the level of centralization of hashing power becomes more of an issue.
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Are those actual Dunning-Krugerrands?
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It doesn't matter if you don't call it bitcoin, if it is possible to make transactions it's a currency.
Too bad if bitcoin were to lose that ability. What happens when miners leave in a rush is what you saw with namecoin back before the merge. Only this time you need an asic to even make those baby steps to the next adjustment during your lifetime.
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Wave 4 cannot overlap the territory of wave 1, so blue labels are invalid
I'm snickering every time you EW followers say that. It has a basis in reality but feels like you are stuck in some sort of black/white thought process hindering you to find out how that there is actual mathematics which can describe your holy roles as a subset, everything in-between and beyond that. In a way it's like musicians only have leaned to use the numbers 2 3 and 5 without realizing they are primes.
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