Masterluc thinks it's over. Well, so the present drop ends somewhere in the red circle. So, the price hit somewhere close to 61.7% Fibonacci of the entire growth from 150 to 19800. You know what it means? That the Third (wave?) is completed and we became its witnesses =) For this, congratulations to you. What's next? Next is the Fourth (going on now). And then the Fifth somewhere in the area of 100k. The current drop will bounce back very well into the area of 13,000-15,000 in the short term, where those who bought up on my advice will be able to sell off, but have already managed to curse everything and wet the diapers. Bleed there, because it is not for you. The critical level at 7700 does not really matter anymore, because I see that the wave is over. Well, here's my idea for trading watching https://ru.tradingview.com/chart/BTCUSD/hg0S8xjw-historical-3-looks-to-be-completed/ |
|
|
|
I guess the cynical contrarian stance makes her a better trader than most around here.
It's likely. In one of her later posts, she wrote something to the effect that a good trader should be highly unpopular. Now the logical implication doesn't work in reverse of course, but she is somewhat unpopular here, isn't she?  |
|
|
|
Bitcoin is unique in that most of the traders are tied into being in one of two positions - either btc or usd. There arent a bunch of other stocks and asset classes for them to trade. They're not leaving the market. They're staying on the bitcoin exchanges with an eagle eye on the chart and soon as there is a hint of a reversal they have to all pile back in at once because if theyre on the wrong side of the market then theyre losing and wasting their time on high risk exchanges.
Something which, with some goodwill, could be interpreted as bullish from Tera? REVERSAL CONFIRMED! Tera isn't actually a one-way permabear IMHO. More like a cynical contrarian skeptic. |
|
|
|
as soon as a transaction rate exceeds that of a regular bank, why using bitcoin?
Because you can send them to any address you like. Try doing that with banks, Visa etc. |
|
|
|
Last from ML (Google translate) 1. Volumes fall, the subwave overlaps
2. A counter-trend continuation pattern is formed (flag)
3. Flashcross 50% for a month there are only bear traps. The present bloating is slow and painful
4. Weekly ma20 is not broken (by closing) for the time being
5. Did not climb into the zone of the previous wave ~ 7700
The situation and the truth is strange, but I'm still convinced that this is not a long blowoff.
|
|
|
|
|
Judging by the quotes I see, our old friend r0ach is spending most of his day composing his usual Nazi rants. No surprise.
What's more novel, though, is this crowd of bears that were long gone and come back without fail in times of descending prices. I wonder where they were during the latest series of ATHs. Of course this is an open discussion - possibly the most open on Bitcointalk, so everyone is welcome as long as they can contribute to the exchange of ideas.
I have one prayer, though. Don't clog the toilet again, please. It would be appreciated if you could manage your number twos and come here on empty bowels. It's getting smelly really fast.
|
|
|
|
This might be the last shake. Down to ~8.5k probably.
If the hodlers stay strong, I doubt there will be a shake into the 8k$ range. Makes sense. I could agree, but volumes are so small that high-mid 8000's seem feasible. |
|
|
|
|
This might be the last shake. Down to ~8.5k probably.
|
|
|
|
I love the action here when everything goes red, this place feels so alive during such times.
carolina times are much more fun. I miss the tittiness very much! |
|
|
|
In the short term we need a safe haven from Crypto, having a gold backed currency would be better than a fiat backed currency. Any backed currency requires a trusted party and having a permissioned block chain is irrelevant as you need to trust 100% the people who are storing the backing. Having a permissioned blockchain based on PoS means they can censor or undo any transaction, as long as enough of the stake agrees. Probably, the majority stakeholder could do that alone. |
|
|
|
I wonder what great significance this piece of news might have. Is there any need for a Korean court to rule bitcoin has economic value and can be confiscated, so the proceeds go to finance state budget? The Feds confiscated and sold Ulbricht's Silk Road coin and happily auctioned them without all that fuss. |
|
|
|
While on the topic of Masterluc, there are two more pearls of wisdom from him: (today at 8:53 am)
Bitcoin is not alone. The same orgy (uncontrollable growth) is going on for almost all major stocks. Only bitcoin is called a bubble for some reason. But soon the time will come to collect the stones ....
(three hours ago)
The alts are watching and waiting for what bitcoin will do next
|
|
|
|
TMSC produces and supplies Bitmains chip.
Samsungs foundry is making it for a customer, not entering directly:
"TechCrunch: “Samsung’s foundry business is currently engaged in the manufacturing of cryptocurrency mining chips. However we are unable to disclose further details regarding our customers.”
Yeah, I was thinking about this the other night. If Jihan has used his war chest to lock down another foundry humanity is fucked. If the client is Jihan, it's only SHA256 that is fucked. |
|
|
|
Hey xhomerx10, where do you get masterluc's predictions from?
The master luck account has been compromised but he has a few aliases. This is him on ://www.traditradingview.com/chart/BTCUSD/3RjQGYZp-No-resistance-till-15000-when-3500-will-break-up/ How do you know the masterluc account has been compromised? Actmyname left negative trust with a comment the account is compromised, but he hasn't posted a reference link that explains the negative. Masterluc wrote so himself on VKontakte https://vk.com/wall-130254204_7571 |
|
|
|
Maybe i’m Kinda curious off Some in here are actually selling / panicselling while writing things about Going to the moon and stuff ?? Are there Some in here ? Bottom Sellers or not too Many?
Still hodlin and buying here.... But I'm running low on fiat money so I'm hodlin out for cheapest coins based on masteluc predictions. Hey xhomerx10, where do you get masterluc's predictions from? The horse's mouth is on VKontakte https://vk.com/bitcoin_vangaMasterluc's account here on Bitcointalk has been compromised. Disregard any post in his name on Bitcointalk! |
|
|
|
Traders starting to load up on Stamp. Nerves getting wracked over being caught on the wrong side of a huge short squeeze.  I did hear a strange thundersquishing sound with some whining yesterday. Might that be it? By the way, I hear a distant sound of thunder. No, it's not thunder. It's more like
shhpllllirrrrr shhpllllll weweee shplllrrrhh...
what can it be?
The distant sound of shorts being squeezed in the not too distant future?
|
|
|
|
are you ready to go under 7500 euro / BTC? this is optimistic  my prediction for the next 1-3 days is under 7000eur Good night bitcoin land! Well 7500€ would still be 300$ higher than the lowest possible bottom called by masterluc. Nothing creepy and shouldn't last long. But if it go lower than that I think I'll start shitting myself a little. Besides, when masterluc made his latest dollar price prediction, USD wasn't free-falling as it is now. |
|
|
|
note to self:
watch mempool for early indication of volatility
Have not exactly been watching it, but I just got a standard 1-in, 2-out tx confirmed next block for 0.40$. Mempool seems quiet  now  last 24 hours Ahh, I see what you mean now. That's right. |
|
|
|
note to self:
watch mempool for early indication of volatility
Have not exactly been watching it, but I just got a standard 1-in, 2-out tx confirmed next block for 0.40$. Mempool seems quiet |
|
|
|
|
Recently stock market took a couple hits too. Who knows if this is relevant for the immediate future.
|
|
|
|
|
Show Posts
