What makes you think that the trend will be exactly the same as in 2017? Everything happens a little differently each time. Last time Bitcoin reached $ 16,000 and fell down.
The same thing can happen now. No one guarantees that the cycle will go exactly the same, rather the opposite. I want to believe you are right, but that would be too good to be true.
The trend is the same (I believe) in the bull run but the price movements in short term will definitely different (can be different in mid-term as well). Accumulation time can be longer or shorter that we will never know ahead of time. Bitcoin price increasing now so no doubt any time price will be crashed or all time high so ve careful. Never invest your all of money in this crypto currency . Bitcoin price now 17000$ + so any time it back to 15000$. If you invest now always focus on bitcoin price and News. I hope bitcoin will be 30000+ in 2021 or all time will be remain 14000$ to 19000$.
You don't need to quote all the OP to reply. I invited you to read Bitcointalk posting etiquette
For price prediction or forecast, you need to make it done from price data and your own calculation. Arbitrarily guess price targets is bad because you don't have solid base for your guess (sure it is guess) and you will be not confident about it. You will flexibly change your opinion with market fluctuations. Your post shows your opinion is arbitrary. Pay your attention on the price chart (supports, resistances, flipping points and significant points of volume changes)  |
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Here you go: You can download huge files from blockchair.com |
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Notes: - nsenders: Sum of merit senders.
- ntransactions: Sum of merit transactions one user received his/her merits.
- nposts: Sum of posts one user received his/her merits.
+------------------------------------------------------------------------------------+
| rank_median username userid nsenders ntransactions nposts |
|------------------------------------------------------------------------------------|
1. | 1 LoyceV 459836 654 3446 1697 |
2. | 2 Ratimov 2627711 302 1703 883 |
3. | 3 o_e_l_e_o 1188543 460 2971 1857 |
4. | 4 suchmoon 234771 447 2810 1758 |
5. | 5 El duderino_ 1067333 323 2807 1736 |
|------------------------------------------------------------------------------------|
6. | 6 DdmrDdmr 1582324 443 2519 1389 |
7. | 7 fillippone 1852120 352 2730 1385 |
8. | 8 bullrun2020bro 2744352 122 923 493 |
9. | 9 Last of the V8s 479624 265 2619 1701 |
10. | 10 zasad@ 2654005 269 977 433 |
|------------------------------------------------------------------------------------|
11. | 11 mikeywith 2033515 277 1837 1022 |
12. | 12 LFC_Bitcoin 379487 254 2109 1396 |
13. | 13 Rikafip 2658890 211 972 416 |
14. | 14 theymos 35 954 2676 533 |
15. | 15 nutildah 317618 339 1600 1000 |
|------------------------------------------------------------------------------------|
16. | 16 JayJuanGee 252510 254 1856 1429 |
17. | 17 1miau 2143453 299 1751 826 |
18. | 18 achow101 290195 187 1318 536 |
19. | 19 The Pharmacist 487418 340 1476 1040 |
20. | 20 HCP 867786 250 1434 880 |
|------------------------------------------------------------------------------------|
21. | 21 gmaxwell 11425 194 1144 432 |
22. | 22 pooya87 379147 269 1559 1013 |
23. | 23 VB1001 1138727 202 1750 1051 |
24. | 24 TryNinja 557798 339 1413 910 |
25. | 25 xhomerx10 120694 226 1346 769 |
|------------------------------------------------------------------------------------|
26. | 26 HairyMaclairy 181806 160 1376 952 |
27. | 27 BobLawblaw 569455 157 1301 790 |
28. | 28 gentlemand 155345 298 1252 948 |
29. | 29 philipma1957 64507 267 1082 809 |
30. | 30 Hhampuz 881377 429 1343 627 |
|------------------------------------------------------------------------------------|
31. | 31 TheBeardedBaby 1291828 312 1127 510 |
32. | 32 efialtis 2597426 194 723 388 |
33. | 33 ETFbitcoin 359716 241 962 680 |
34. | 34 mocacino 405464 227 1005 534 |
35. | 35 bitmover 1554927 328 1243 638 |
|------------------------------------------------------------------------------------|
36. | 36 Toxic2040 239406 140 1189 818 |
37. | 37 jojo69 49008 159 1143 763 |
38. | 38 mk4 886521 311 1013 671 |
39. | 39 Goran_ 1039323 125 892 697 |
40. | 40 marlboroza 787736 236 806 495 |
|------------------------------------------------------------------------------------|
41. | 41 Coolcryptovator 1980983 322 1012 469 |
42. | 42 mu_enrico 1574226 155 808 410 |
43. | 43 nc50lc 1237156 195 959 523 |
44. | 44 qwk 24140 225 968 582 |
45. | 45 bob123 579628 211 1195 742 |
|------------------------------------------------------------------------------------|
46. | 46 abhiseshakana 1878246 136 1033 555 |
47. | 47 tranthidung 1292764 301 1120 494 |
48. | 48 hilariousetc 397737 223 940 580 |
49. | 49 taikuri13 1855828 126 870 610 |
50. | 50 LeGaulois 507856 245 753 457 |
|------------------------------------------------------------------------------------|
51. | 51 BitCryptex 1169179 170 830 413 |
52. | 52 Vod 30747 319 864 485 |
53. | 53 Carlton Banks 64205 159 775 464 |
54. | 54 Jet Cash 698159 299 916 613 |
55. | 55 Plutosky 1237522 57 814 454 |
|------------------------------------------------------------------------------------|
56. | 56 yogg 140827 156 699 319 |
57. | 57 hugeblack 1059082 259 982 569 |
58. | 58 OmegaStarScream 375981 237 909 541 |
59. | 59 Steamtyme 1112531 206 814 463 |
60. | 60 CryptopreneurBrainboss 1052091 302 909 423 |
|------------------------------------------------------------------------------------|
61. | 61 DireWolfM14 2003859 221 914 504 |
62. | 62 stompix 164749 251 793 596 |
63. | 63 Lafu 805820 184 805 485 |
64. | 64 Husna QA 1827294 147 800 388 |
65. | 65 infofront 41175 154 820 486 |
|------------------------------------------------------------------------------------|
66. | 66 DarkStar_ 507936 309 830 454 |
67. | 67 asche 1580039 151 826 497 |
68. | 68 joniboni 1275282 210 830 507 |
69. | 69 morvillz7z 1825672 169 762 393 |
70. | 70 tvplus006 1311641 248 925 345 |
|------------------------------------------------------------------------------------|
71. | 71 minerjones 346731 142 554 345 |
72. | 72 khaled0111 1012655 142 773 442 |
73. | 73 roycilik 1051955 164 866 350 |
74. | 74 krogothmanhattan 1000199 231 724 294 |
75. | 75 Veleor 1177936 172 781 437 |
|------------------------------------------------------------------------------------|
76. | 76 witcher_sense 1433865 169 1010 441 |
77. | 77 lovesmayfamilis 1982152 150 1088 530 |
78. | 78 yahoo62278 355846 412 882 363 |
79. | 79 mole0815 1424178 153 1019 731 |
80. | 80 Coding Enthusiast 879277 109 635 209 |
|------------------------------------------------------------------------------------|
81. | 81 Lakai01 1724800 115 960 545 |
82. | 82 Xal0lex 1068464 130 618 355 |
83. | 83 coinlocket$ 1339716 203 656 366 |
84. | 84 wwzsocki 131333 181 706 379 |
85. | 85 actmyame 465017 202 584 396 |
|------------------------------------------------------------------------------------|
86. | 86 Royse777 366632 218 600 367 |
87. | 87 Lauda 101872 248 805 523 |
88. | 88 JSRAW 1210969 158 827 514 |
89. | 89 xtraelv 897509 229 768 344 |
90. | 90 satoshi 3 275 382 65 |
|------------------------------------------------------------------------------------|
91. | 91 masulum 1283017 152 686 264 |
92. | 92 tyKiwanuka 1025255 149 694 422 |
93. | 93 dkbit98 1410401 192 898 345 |
94. | 94 TMAN 98986 214 605 365 |
95. | 95 Kalemder 487377 147 644 278 |
|------------------------------------------------------------------------------------|
96. | 96 SaltySpitoon 38894 112 391 227 |
97. | 97 Bthd 1836948 115 663 275 |
98. | 98 Piggy 188198 192 449 147 |
99. | 99 nullius 976210 264 946 451 |
100. | 100 GazetaBitcoin 1285797 157 506 242 |
+------------------------------------------------------------------------------------+
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Update 2020w47ABSTRACT- Period: 2018w4 - 2020w47 27nov2020 02:45:41 (GMT time).
- Observed weeks: 147
- Incomple weeks: 2018w4, 2020w48.
- The last merit transaction is at 27nov2020 02:45:41 (GMT time)
List of top 100 merit earners, sorted descendingly by sum of earned merits: +-------------------------------------------------------+
| rank_total username userid total |
|-------------------------------------------------------|
1. | 1 theymos 35 6963 |
2. | 2 LoyceV 459836 6168 |
3. | 3 o_e_l_e_o 1188543 5203 |
4. | 4 suchmoon 234771 4929 |
5. | 5 fillippone 1852120 4551 |
|-------------------------------------------------------|
6. | 6 DdmrDdmr 1582324 4529 |
7. | 7 El duderino_ 1067333 4289 |
8. | 8 Last of the V8s 479624 3885 |
9. | 9 gmaxwell 11425 3506 |
10. | 10 mikeywith 2033515 3242 |
|-------------------------------------------------------|
11. | 11 Ratimov 2627711 2961 |
12. | 12 LFC_Bitcoin 379487 2953 |
13. | 13 nutildah 317618 2804 |
14. | 14 The Pharmacist 487418 2742 |
15. | 15 1miau 2143453 2736 |
|-------------------------------------------------------|
16. | 16 HCP 867786 2561 |
17. | 17 achow101 290195 2552 |
18. | 18 JayJuanGee 252510 2474 |
19. | 19 TryNinja 557798 2451 |
20. | 20 Hhampuz 881377 2440 |
|-------------------------------------------------------|
21. | 21 xhomerx10 120694 2397 |
22. | 22 VB1001 1138727 2374 |
23. | 23 satoshi 3 2348 |
24. | 24 pooya87 379147 2311 |
25. | 25 TheBeardedBaby 1291828 2153 |
|-------------------------------------------------------|
26. | 26 bitmover 1554927 2074 |
27. | 27 nullius 976210 2048 |
28. | 28 hilariousetc 397737 1998 |
29. | 29 gentlemand 155345 1947 |
30. | 30 bob123 579628 1938 |
|-------------------------------------------------------|
31. | 31 tranthidung 1292764 1931 |
32. | 32 abhiseshakana 1878246 1926 |
33. | 33 zasad@ 2654005 1875 |
34. | 34 DireWolfM14 2003859 1861 |
35. | 35 philipma1957 64507 1843 |
|-------------------------------------------------------|
36. | 36 Toxic2040 239406 1834 |
37. | 37 Lauda 101872 1792 |
38. | 38 qwk 24140 1779 |
39. | 39 HairyMaclairy 181806 1767 |
40. | 40 mocacino 405464 1766 |
|-------------------------------------------------------|
41. | 41 BobLawblaw 569455 1755 |
42. | 42 Steamtyme 1112531 1753 |
43. | 43 Vod 30747 1738 |
44. | 44 marlboroza 787736 1719 |
45. | 45 xtraelv 897509 1689 |
|-------------------------------------------------------|
46. | 46 yogg 140827 1676 |
47. | 47 BitCryptex 1169179 1650 |
48. | 48 krogothmanhattan 1000199 1618 |
49. | 49 CryptopreneurBrainboss 1052091 1611 |
50. | 50 jojo69 49008 1604 |
|-------------------------------------------------------|
51. | 51 witcher_sense 1433865 1584 |
52. | 52 ETFbitcoin 359716 1583 |
53. | 53 Coolcryptovator 1980983 1563 |
54. | 54 Jet Cash 698159 1560 |
55. | 55 yahoo62278 355846 1558 |
|-------------------------------------------------------|
56. | 56 nc50lc 1237156 1555 |
57. | 57 roycilik 1051955 1520 |
58. | 58 hugeblack 1059082 1514 |
59. | 59 lovesmayfamilis 1982152 1502 |
60. | 60 Rikafip 2658890 1499 |
|-------------------------------------------------------|
61. | 61 Veleor 1177936 1483 |
62. | 62 DarkStar_ 507936 1481 |
63. | 63 morvillz7z 1825672 1479 |
64. | 64 OmegaStarScream 375981 1470 |
65. | 65 joniboni 1275282 1461 |
|-------------------------------------------------------|
66. | 66 mk4 886521 1455 |
67. | 67 Coding Enthusiast 879277 1453 |
68. | 68 mu_enrico 1574226 1444 |
69. | 69 mole0815 1424178 1440 |
70. | 70 Husna QA 1827294 1435 |
|-------------------------------------------------------|
71. | 71 Carlton Banks 64205 1388 |
72. | 72 taikuri13 1855828 1383 |
73. | 73 LeGaulois 507856 1381 |
74. | 74 Lakai01 1724800 1377 |
75. | 75 Plutosky 1237522 1367 |
|-------------------------------------------------------|
76. | 76 minerjones 346731 1355 |
77. | 77 tvplus006 1311641 1346 |
78. | 78 asche 1580039 1344 |
79. | 79 coinlocket$ 1339716 1334 |
80. | 80 dkbit98 1410401 1328 |
|-------------------------------------------------------|
81. | 81 stompix 164749 1325 |
82. | 82 bullrun2020bro 2744352 1323 |
83. | 83 TMAN 98986 1305 |
84. | 84 tyKiwanuka 1025255 1288 |
85. | 85 GazetaBitcoin 1285797 1249 |
|-------------------------------------------------------|
86. | 86 Goran_ 1039323 1242 |
87. | 87 JSRAW 1210969 1239 |
88. | 88 infofront 41175 1222 |
89. | 89 Kalemder 487377 1207 |
90. | 90 Lafu 805820 1206 |
|-------------------------------------------------------|
91. | 91 masulum 1283017 1184 |
92. | 92 actmyame 465017 1184 |
93. | 93 khaled0111 1012655 1182 |
94. | 94 wwzsocki 131333 1172 |
95. | 95 Bthd 1836948 1161 |
|-------------------------------------------------------|
96. | 96 Xal0lex 1068464 1160 |
97. | 97 Piggy 188198 1159 |
98. | 98 efialtis 2597426 1156 |
99. | 99 SaltySpitoon 38894 1148 |
100. | 100 Royse777 366632 1145 |
+-------------------------------------------------------+
Algorithm: The idea are a narrower IQR and higher p25 are better. IQR plays its role as spread of weekly earned merits. p25 plays its role as lower threshold of 50% weekly earned merits. - Descending median
- Ascending IQR (IQR = p75 - p25)
- Descending p25
The new algorithm means if 2 users have same median, their ranks will be decided by IQR, which user has lower IQR will have higher position in the list. Next, if 2 users still have same IQR, the last indicator will be used: p25. The user has higher p25 value will have higher position. +----------------------------------------------------------------------------------------+
| rank_median username userid median iqr p25 p75 min max |
|----------------------------------------------------------------------------------------|
1. | 1 LoyceV 459836 38 32 23 55 2 115 |
2. | 2 Ratimov 2627711 35 31 17 48 0 132 |
3. | 3 o_e_l_e_o 1188543 33 26 21 47 0 101 |
4. | 4 suchmoon 234771 30 25 18 43 0 148 |
5. | 5 El duderino_ 1067333 27 22 17 39 0 100 |
|----------------------------------------------------------------------------------------|
6. | 6 DdmrDdmr 1582324 25 25 16 41 0 106 |
7. | 7 fillippone 1852120 25 51 2 53 0 141 |
8. | 8 bullrun2020bro 2744352 24 17 15 32 1 98 |
9. | 9 Last of the V8s 479624 23 24 13 37 0 118 |
10. | 10 zasad@ 2654005 23 27 12 39 0 73 |
|----------------------------------------------------------------------------------------|
11. | 11 mikeywith 2033515 21 31 1 32 0 92 |
12. | 12 LFC_Bitcoin 379487 18 21 7 28 0 73 |
13. | 13 Rikafip 2658890 17.5 20 11 31 0 100 |
14. | 14 theymos 35 17 44 7 51 0 1328 |
15. | 15 nutildah 317618 16 23 4 27 0 94 |
|----------------------------------------------------------------------------------------|
16. | 16 JayJuanGee 252510 15 16 7 23 0 54 |
17. | 17 1miau 2143453 15 22 4 26 0 100 |
18. | 18 achow101 290195 14 15 6 21 0 77 |
19. | 19 The Pharmacist 487418 14 17 8 25 0 93 |
20. | 20 HCP 867786 14 18 5 23 0 128 |
|----------------------------------------------------------------------------------------|
21. | 21 gmaxwell 11425 14 25 5 30 0 178 |
22. | 22 pooya87 379147 13 14 7 21 0 48 |
23. | 23 VB1001 1138727 13 26 0 26 0 98 |
24. | 24 TryNinja 557798 12 15 6 21 0 173 |
25. | 25 xhomerx10 120694 12 15 5 20 0 121 |
|----------------------------------------------------------------------------------------|
26. | 26 HairyMaclairy 181806 11 15 2 17 0 56 |
27. | 27 BobLawblaw 569455 10 10 5 15 0 57 |
28. | 28 gentlemand 155345 10 13 5 18 0 74 |
29. | 29 philipma1957 64507 10 13 5 18 0 55 |
30. | 30 Hhampuz 881377 10 20 4 24 0 92 |
|----------------------------------------------------------------------------------------|
31. | 31 TheBeardedBaby 1291828 10 20 4 24 0 52 |
32. | 32 efialtis 2597426 9.5 18 3 21 0 55 |
33. | 33 ETFbitcoin 359716 9 10 4 14 0 50 |
34. | 34 mocacino 405464 9 12 4 16 0 62 |
35. | 35 bitmover 1554927 9 13 5 18 0 127 |
|----------------------------------------------------------------------------------------|
36. | 36 Toxic2040 239406 9 21 0 21 0 105 |
37. | 37 jojo69 49008 8 9 4 13 0 102 |
38. | 38 mk4 886521 8 9 4 13 0 52 |
39. | 39 Goran_ 1039323 8 9 3 12 0 36 |
40. | 40 marlboroza 787736 8 11 3 14 0 79 |
|----------------------------------------------------------------------------------------|
41. | 41 Coolcryptovator 1980983 8 11 3 14 0 64 |
42. | 42 mu_enrico 1574226 8 11 2 13 0 78 |
43. | 43 nc50lc 1237156 8 12 2 14 0 68 |
44. | 44 qwk 24140 8 13 2 15 0 88 |
45. | 45 bob123 579628 8 16 3 19 0 68 |
|----------------------------------------------------------------------------------------|
46. | 46 abhiseshakana 1878246 8 17 2 19 0 73 |
47. | 47 tranthidung 1292764 8 17 1 18 0 98 |
48. | 48 hilariousetc 397737 8 19 1 20 0 90 |
49. | 49 taikuri13 1855828 7 9 4 13 0 36 |
50. | 50 LeGaulois 507856 7 9 3 12 0 64 |
|----------------------------------------------------------------------------------------|
51. | 51 BitCryptex 1169179 7 11 3 14 0 126 |
52. | 52 Vod 30747 7 11 2 13 0 158 |
53. | 53 Carlton Banks 64205 7 11 2 13 0 76 |
54. | 54 Jet Cash 698159 7 12 2 14 0 65 |
55. | 55 Plutosky 1237522 7 12 2 14 0 43 |
|----------------------------------------------------------------------------------------|
56. | 56 yogg 140827 7 12 2 14 0 91 |
57. | 57 hugeblack 1059082 7 12 2 14 0 62 |
58. | 58 OmegaStarScream 375981 7 13 2 15 0 43 |
59. | 59 Steamtyme 1112531 7 14 2 16 0 115 |
60. | 60 CryptopreneurBrainboss 1052091 7 14 1 15 0 81 |
|----------------------------------------------------------------------------------------|
61. | 61 DireWolfM14 2003859 7 17 0 17 0 84 |
62. | 62 stompix 164749 6 9 3 12 0 62 |
63. | 63 Lafu 805820 6 9 2 11 0 41 |
64. | 64 Husna QA 1827294 6 10 2 12 0 62 |
65. | 65 infofront 41175 6 10 2 12 0 74 |
|----------------------------------------------------------------------------------------|
66. | 66 DarkStar_ 507936 6 10 2 12 0 78 |
67. | 67 asche 1580039 6 10 2 12 0 50 |
68. | 68 joniboni 1275282 6 11 3 14 0 54 |
69. | 69 morvillz7z 1825672 6 13 1 14 0 58 |
70. | 70 tvplus006 1311641 6 13 1 14 0 42 |
|----------------------------------------------------------------------------------------|
71. | 71 minerjones 346731 6 13 1 14 0 67 |
72. | 72 khaled0111 1012655 6 13 0 13 0 42 |
73. | 73 roycilik 1051955 6 14 2 16 0 48 |
74. | 74 krogothmanhattan 1000199 6 14 1 15 0 77 |
75. | 75 Veleor 1177936 6 14 0 14 0 90 |
|----------------------------------------------------------------------------------------|
76. | 76 witcher_sense 1433865 6 17 0 17 0 76 |
77. | 77 lovesmayfamilis 1982152 6 17 0 17 0 45 |
78. | 78 yahoo62278 355846 5 10 2 12 0 130 |
79. | 79 mole0815 1424178 5 10 2 12 0 73 |
80. | 80 Coding Enthusiast 879277 5 12 0 12 0 116 |
|----------------------------------------------------------------------------------------|
81. | 81 Lakai01 1724800 5 13 1 14 0 63 |
82. | 82 Xal0lex 1068464 4 8 2 10 0 116 |
83. | 83 coinlocket$ 1339716 4 9 2 11 0 98 |
84. | 84 wwzsocki 131333 4 9 1 10 0 70 |
85. | 85 actmyame 465017 4 10 1 11 0 66 |
|----------------------------------------------------------------------------------------|
86. | 86 Royse777 366632 4 11 0 11 0 59 |
87. | 87 Lauda 101872 4 13 1 14 0 238 |
88. | 88 JSRAW 1210969 4 13 0 13 0 76 |
89. | 89 xtraelv 897509 4 16 1 17 0 104 |
90. | 90 satoshi 3 3 14 1 15 0 482 |
|----------------------------------------------------------------------------------------|
91. | 91 masulum 1283017 2 11 0 11 0 61 |
92. | 92 tyKiwanuka 1025255 2 12 0 12 0 107 |
93. | 93 dkbit98 1410401 2 13 0 13 0 63 |
94. | 94 TMAN 98986 1 5 0 5 0 275 |
95. | 95 Kalemder 487377 1 7 0 7 0 161 |
|----------------------------------------------------------------------------------------|
96. | 96 SaltySpitoon 38894 1 9 0 9 0 94 |
97. | 97 Bthd 1836948 1 9 0 9 0 92 |
98. | 98 Piggy 188198 1 12 0 12 0 85 |
99. | 99 nullius 976210 1 17 0 17 0 180 |
100. | 100 GazetaBitcoin 1285797 0 9 0 9 0 82 |
+----------------------------------------------------------------------------------------+
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Sad but true that there's no country that has no jurisdiction on KYC in converting $1 million worth of Bitcoins to a fiat.
Like the others who responded on the thread the only way is to divide the total amount into smaller fractions which will meet the allowable amount that will not require the KYC regulations in your country. It is nonsense for me if you will migrate to another country that has no jurisdiction on KYC if you find one. And the government will really do this to have control not only on the tax but also to have an eye over the culprits and be able to trounce money launderers.
Despite of how bitcoin and how crypto / digital currency are better transaction methods and storage for us, fiat has its usecase in society and like it or not we (or at least me) have to use it in specific cases. As you said, decentralize your fund into - Different fractions
- Different storage types: fiat, stablecoins, bitcoin and maybe a limited number of altcoins as risky investment.
For stablecoins: beware of PSA: Most Stablecoins Can Be Frozen, Even in Your Own Wallets and decentralize your stablecoin-fraction into different stable coins and different wallets. Fiat: Only cash out to fiat if need to have it to pay for something. |
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They can not control the bitcoin wallets (non-custodial wallets I meant) so that they won't be able to force KYC all wallets (then all addresses, LOL) of bitcoiners. I heard about Quantum computers that created massive FUDs on bitcoin market years back and now another more stupid things are touching us. KYC on all bitcoin addresses. If it happens, bitcoin will be destroyed because its main and most important technical function will be cracked down. Some new-generation of digital currency will make another evolution and take over the role of bitcoin. BUT (a big BUG), it won't happen (such KYC and such bitcoin collapse) Lastly please read a chronological change of minds from Janet Yellen on bitcoin: In Her Own Words: Here’s What Janet Yellen Has Said About Bitcoin] |
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Why such news were released at the right period when Bitcoin were not able to break its cap at $20k? Multiple bad news were released after that moment. More than that, I stopped reading the article on the blockcrypto when I saw "Ponzi scheme crackdown". Scammers are everywhere and they try to abuse any tool they can (crypto is only of tool they try) and they do neither contribute anything to crypto market nor destroy the crypto market exclusively bitcoin. Such bad news from China can be expected if we knew what happened recently with OTC markets on OKEx. Additionally, some links in that article direct to a local newspaper and I don't believe in their validity. http://newspaper.jcrb.com/2020/20200929/20200929_006/20200929_006_1.htm
Correction can be deeper but it is a healthy correction and such news don't break my belief in bitcoin. |
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It is another FUD attempt. At the ends of the day, such potential strategies or restrictions will not completely ban bitcoin, crypto. Believe in bitcoin (you can not believe in me) and stay strong. Paying the tax from earnings you get in the crypto market to government in your local area then you will be fine. Coinbase CEO: Trump Administration May ‘Rush Out’ Burdensome Crypto Wallet Rules. It is unachievable target and they will never achieve even if they actually give it a try in reality. |
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This time, bitcoin makes a correction again, and the price is down below $19k, but I am sure that the price will start another rally this week or next week. We should be ready for that time with having many bitcoin that we can sell it right away. But if you still want to hold your bitcoin because you want to sell more than $25k, then that will be no problem. The next bull run will trigger the bitcoin prices to increase so high, and the price will be out of our expectations.
It is expected to see bitcoin correction is deeply to below $17k. Don't complicate things and open width or depth of view to make trading and investment more easily. How liquidations on Bitmex is skyrocketing today, 97% increase within 24 hours, especially for liquidations on Long positions. How many longers got rekted? It is not bad, bitcoin will come back, and be stronger but please be careful and won't get rekted. |
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I don't think so, I think you can't do it in Kraken, just like on Bitmex if you will open a short and long position at the same time with the same account.
I already tried this method on some exchanges, it's on Bitmex before, but what I did is I created a new account, so I can long or short at the same time, but I do not do that always. The reason for creating a new account before was because sometimes I am using a crossed leverage position.
On Bitmex, what you did is good. It is better if you use different 'guns' (accounts) for your Long or Short positions. It is simply said but with different leverages, you will have different algorithms or formula to calculate entry and exit price and apply it to real trades. One account for x5 leverage, another account for x10 leverage for Long positions. Another 2 accounts for Short positions. I don't use more than x10 leverage for my trades. Above method is before KYC requirements on Bitmex.
Some good guides to trade on Bitmex for OP: |
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Gold is gold, bitcoin is bitcoin and the value of bitcoin is higher than gold. There is no convincing reason to compare gold and bitcoin or use gold to predict price of bitcoin. I hate to say this but it is. If the history repeats what it usually has done in previous era of bitcoin, bitcoin will have about 20-fold increases after the halving in May. Remember 20-fold increase from the all time high (in 2017) not from the price in May 2020. Bitcoin is officially in its next bull run and despite of some pull backs, retests and shake-outs along the way, bitcoin is bullish. Once again, one more low quality article is seeding on cointelegraph. |
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Split your capital to two parts (I am here mentioning about trading altcoins) - First for bitcoin
- Second for USDT
Example if you want to invest in Ethereum with total capital is $1000. Split it half: - First half: $500 for ETH/BTC
- Second half: $500 for ETH/USDT
Two pairs will always have different changes at any time (believe it or not, you can observe the market and draw your own conclusion). Apply this method can help you to reduce your loss or increase your odds to have profits at anytime in the market. To make sure it works, you can diversify your portfolio (the part for altcoins, I meant). Diversification has 2 advantages for you: manage risk better, and increase speed of capital flow. Vital point: allocate 80 to 90 percent of your capital for Bitcoin. |
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PayPal is a central authority and a middleman
Your message emphasizes the fact that we all know but sometimes forget or ignore it. Most of people say they are bitcoiners or bitcoin enthusiasts don't know what bitcoin and peer-to-peer is all about. They don't know the meaning of decentralization. They use most of their capital to invest in altcoins and tokens. They are lazy, unknowledgeable and only care about money and profits. Bitcoin, altcoins, scam projects, it does not matter if they can get profit. Such pseudo-bitcoiners, -bitcoin enthusiasts easily shake their hands when market is bad. But I thank to them because they contribute to weak downs that I can take advantage of and get profits in short time. |
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Bitcoin is Just 500 Dollars away from creating a new All-Time-High 😍🚀🚀
What will happen after making new ATH?
Whether Bitcoin reaches its 2017 all time high or sets up a new all time high in history. After that, Black Friday to come in crypto market. Believe it or not, Black Friday to come and you should prepare your spare capital for shopping. The coming flash rise will come from liquidations of short orders, not from demand and supply. When effects of liquidations go away, flash crash will occur or worse Cascade effects can occur on big exchanges for leverage trades. |
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We will see that price sooner or later. Meanwhile, we can be ready for the coming by having more coins that can be the next potential coin that can increase. Bitcoin itself will raise more than $20k, and bitcoin is going to go that price soon. The situation will not be the same as in 2017 because more people will come to bitcoin, and they will invest their money because they want to make money like others. Maybe this year can have a big impact on bitcoin, and in the next year, bitcoin can grow more than today.
Situations (economy, politics, crypto activities) are different and never are the same between two periods. The fact is the market has its operational rules and it repeats its ups and downs for many years -- that can be expanded to any financial market. Crypto market is different but human psychology is the same (greed, panic, FOMO, impatient, uncontrollable) and it is enough to help price actions of the market have opportunities to be repeated. Repeat here does not equal to be completely repeated in price models, patterns, movement steps. News break your neutral minds and distorted your minds on how the market naturally works. Everyone can say bitcoin will hit $20000 again but when? When is the decisive factor for your profit or loss, not the price itself. |
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Short answer: If you ask the question, you should not use leverage or margin trade to either short or long bitcoin. < ... > Summary: Make calculations and use factors (parameters) for your calculation to have entry price, leverage, and window time to close your orders. I advice you to not use leverage or margin trade because you don't know what you are doing. Just to be safe and to protect your money. Cheers.  As said days ago, you would not use leverage for your trades if you don't know how they works (especially liquidations). The image is given as an example for a liquidation with leverage. - Entry price: Long at Yellow arrow.
- Liquidated price: at Red arrow.
Which leverage is used for the Long that was killed is your exercise and I don't give you answer or discuss here. |
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I'd say highest price every year, not all-time high every year because its market value is still not surpassing the true ATH, and if this year will allow such thing to happen, this year could again make history.
I respected the creator and owner of that site and I kept their descriptions. That's it but you are always free to visit the site, use their information and interpret it with your own perspective. I thought their description is true if you taking into consideration that all time high will be changed and lifted up over time. A new all time high is found today and a new ATH will be recorded tomorrow.
just the other day a friend came to me asking about some lie he had heard about how bitcoin is going to start dropping down to $1000 soon, in fact they had given him exact date and price i simply redirected him to this site, in fact i have been recommending this page to a lot of people in real life lately specially those newbies who have heard some FUD which surprisingly seem to be a widespread these days. You are a good man but newbies don't mind it much and they are manipulated by news (their orders and emotions are up and down with news and obituaries).
< ... >
It is my appreciation to see your very detailed contributions. It seems you mis-thought that site is built and operated by me that is not. I brought the site here to help newbies have a wide view on the market history and effects of news. Validity of news are unknown and you need to verify them (as always in crypto, right?) The bad visual display of the label box is known but I forgot to mention it in OP. Anyway thank you. Your post is a good reminder for any coder who can build up a better site than this one. It is truly helpful for retrospective checking with price and news. How about the highest price every year?
Stay tuned. I will give you a chart for bitcoin highest price over years but I believe it is better to look at lowest-yearly price. True intrinsic values are shown and verified in worst conditions, not best ones. |
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Today I have the site for you. It is not related to technical analysis but it gives a chart with some hints on news and what happened on those days. It is superb cool to help you see how news are used. You can view the chart with All tab or 1y tab (Zoom it or Zoom out). Click on the box with ordinal number to see related news on that specific day. You must do your own research to make sure the given news was actually happened on that day. |
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Update for the uncertainty period: This post is not made to say you buy or long bitcoin, just a fact and visual chart!With 2765 observed days (from 29 Apr 2013 to 22 Nov 2020), there are only 5 days that have daily high price are higher than the yearly-high-price in 2020 at $18936.62 Those 4 days account for 0.14% whilst the rest of 2761 days account for 99.86%. In the long run, most of people are in profit even they are FOMO. Exceptions for people who are FOMOed in the 4 days: 4 days from 16 Dec 2017 to 19 Dec 2017 +----------------------+
| date high |
|----------------------|
1693. | 16dec2017 19716.7 |
1694. | 17dec2017 20089 |
1695. | 18dec2017 19371 |
1696. | 19dec2017 19177.8 |
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I don't use it and don't have interest in such complicated TA.
A glance shows me that you need to be very patient to do this TA but the decisive factor is not your patience when you do TA. It relies on your patience when you wait to entry and exit market with your orders. All TAs will be useless (even you do great analyses) if you don't have enough patience to start and finish your plans.
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