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I think this 20K break is just psychological and is fake. It will fizzle out and then drop sharply back below 20k to begin a WO bear market.
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glade length getting back on track
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If you recall when we were at 10k pages, it took a couple weeks to go above 10k pages because peeps were dumping posts like it was funny as fuck.
I was vocally (I mean in writing) opposed to the post dumping, and I thought that it was bad for WO historical record and precedent but it did not stop the dumping from happening.
These days, at 20k, we may be more WO nostalgic, and I wonder if dumpers are going to be able to muster much momentum?
Idk. You should start by deleting all your posts and lets see what happens. |
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Pagecount has passed ATH.. 11 pages til 20K.
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Just another day in bitcoin land.  |
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Anyone who talks about the 'cost of production' can be immediately ignored as they obviously dont understand the most fundamental concepts about bitcoin.
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As I was browsing some other tradingview forecasts, I came across at least one bullish scenario that looks/sounds plausible.  Why do people draw bats all over charts? It never means or predicts anything I believe it is mocking the original poster of the chart, implying that the lines they drew mean as much as a bat/batman pasted on top. No that was me that put the bats on there, but he drew the lines shaped like bats originally.. |
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As I was browsing some other tradingview forecasts, I came across at least one bullish scenario that looks/sounds plausible. Why do people draw bats all over charts? It never means or predicts anything |
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This is.. adoption of an entire TECHNOLOGY, eg blockchain.. not the pumping of the price value of a single coin/stock. Going back to your chart, how much was the first telephone/etc stock worth at the end of the chart? |
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Governments cant stop bitcoin but they can lower the price enough that you nearly lost your whole investment. Without government and bank approval bitcoin will have to fall back to a level where it is supported by the underground, probably back around $250, before rising up again for good.
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Back in the day all the traders were using silk road drugs and the panic was so intense altcoins would climb 1000% and come back down all in one night. Now that all those traders are sectioned, things are more stable.
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It means the difficulty will adjust until mining is profitable again. This should be the least of your concerns. |
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 Something is wrong. This glade is alot shorter than predicted. |
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 This is one of my favorite altcoin fails. From $27K to $27M and all the way back down. |
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We are managing to stay out of the Swamps of Anger.  Although the price line seems to have changed Dark Forest to Dank Forest. Where exactly is the dungeon of capitulation? Negative prices? |
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 -tera bera Duration: Glade - 6 weeks Glide - 6 months Beginning: Glade - 3 year record breaking volume after 70% decline Glide - ? Another volume bounce indicator somewhere around 5.5k ? End Glade - Attempts to bust past a 100% increase or reach any level that will credibly start a new bull run fizzle out (failing at 11.8 twice, then at 10 on the way down sealed it as over) Glide - ? Same as above, trying to get past 10k fails ? I'm not particularly committed to the price path I drew. I just like the log channel and wanted to illustrate how wrong the original author could be. |
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-tera bera |
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Here's my interpretation of this cat. |
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