|
Just realized that bitcoin price has never closed below weekly lower bb in history. More than, price never hit lower-equal than -1 deviation on weekly timescale.
|
|
|
|
This prediction is still active. Too much shitty posts to loose a small diamond  Next stop. 70% probability.  Under this scenario I see high odds of what I said earlier. Domino reaction, long painful decline within months. However if this will close below weekly bb, I will have more bad news for bulls  |
|
|
|
Exactly, Apple payments and other new technologies will make Bitcoin obsolete in long term. Was a nice gamble, but game is over now. In 10 years nobody will remember Bitcoin.
BS. Bitcoin rulez =) But a bit overvalued. In 10 years nobody will remember USD But now $DXY rocks.... Everything other falling. |
|
|
|
"Be greedy when others are fearful and fearful when others are greedy".
Smart quote, but not precise. No support/resistance levels defined, you may buy/sell a dead cat bounce |
|
|
|
|
Oil is range locked imho, moves in 80-120 range.
So how paypal fundamentals going?)
We have a daily close below bb, with a target below weekly lower bb. Falling knife mode on.
|
|
|
|
I'll explain only one. Vice president of US Joe Biden in a sitplace of president of Ukraine during civil war. I fuck them all when I saw this. "Independent Ukraine". Well. They even don't hide. So pertly. What a shame...  |
|
|
|
|
Ukrainian rage debates GTFO.
|
|
|
|
|
According to situation around Ukraine it should go high =) Probably higher than winter high
|
|
|
|
No breakout from negative zone still  |
|
|
|
I agree that technically bitcoin looks in pretty bad shape.
I want to make sure reading this thread here (which is quite good btw Lucif) is not making their trading decisions based solely on technical information alone. The paypal news today is something that the community has been waiting for since I joined this forum. This is the moment when we change from might be... to will be a major player in commerce of the future. Because of the technical bearishness of the last year or so I think people are not registering how large of a shift this actually is. In the not so far off future that will certainly change and morph into the euphoria we (those who have been around here for a few years) have all become accustomed to and the price will follow suit. Ignore the fundamentals at your own peril.
Oh well, I just specially opened this thread to send my greetings to "news traders" and saw this =) xbtusd is in medium-term bearish zone, it didn't escaped from daily and weekly red area still. Even with such moon fundamental news. So far.... Maybe people just tired to buy so the market doesn't give a fuck to even paypal? Or probably aunt Yellen tired to print? Or wait... probably true financial armageddon is on a table and whales just want to get their $$$ back, primary from emerging markets. Or even put all together... Anyway, you are talking about fundamentals of bitcoin, but you don't take into account The World Financial Fundamentals, 100s trillions dollars fundamentals which prepare to sudden change. But everything may change quickly. Welcome to times of great changes, which hated by every chinese. I still don't beleive I outlived two destructions of motherland. But much more is ahead for all of you. Rothschilds will win this time. |
|
|
|
|
nothing changed. still bearish.
|
|
|
|
$NATGAS at strong support. Outstanding rally probably expected.  Gold is one step from free fall.  |
|
|
|
|
BB shows 1 x σ, but in a case of 200 d/bb there should be 2 x σ bands or even 3 x σ.
Yep, i see it useless. Except MA of course.
|
|
|
|
Huh, look at this. We're now pretty much exactly one full SD below the daily 200 SMA.
Bitcoin is faster than 200d bb =) There are far more than 5% candles close outside bands. So you either enlarge candle interval or make MA interval shorter. I don't give here trading advices. Moreover, simply "buy" or "sell" is really bad trading advice. Because you need to know the target and stop loss points for your long or short positions. At this time xbtusd failed to leave daily negative BB20 zone for two months and new move is on horizon.  |
|
|
|
Shorting xauusd hard Yeah baby, go, go, go! (xbtusd probably too) |
|
|
|
It should use not a PoW then or use bitcoin chain as ethalon of timestamp server.
Any independent PoW alt chains are poised to die.
What about alts that do improve over bitcoin - for example have better anonymity? I say (and satoshi said something similar), that "long fork problem" (like CJDNS founder calls it) - is a problem where only one PoW fork survives. Not necessary, but probably Bitcoin. Others either: - never become mature and die in infancy merging into Main fork their innovations [EVOLUTION], or - due to some accident (immature fork may become "better" than very mature fork only due to some very big and dramatic event) one of them becomes Main fork, making former Main fork unsecured [REVOLUTION] I didn't investigated proof of capacity, this looks interesting. But I have no opinion so far. Other proofs I know (proof of stake, etc) - don't impress. Satoshi had a public thoughts about this using term "CPU power". After 4 yrs of evolution, I think term "cpu power" may be replaced by "electrical power". Also his merged mining idea doesn't solve long fork threat (hovewer in its namecoin realization). Taking all together I summarize that others POW forks are probably only needed to improve Bitcoin and then become abandoned. No gold or silver or copper. Bitcoin is a complex device and others are spare parts - this is more correct analogy. These are just my thoughts. And oh... this run out of topic ) |
|
|
|
|
It should use not a PoW then or use bitcoin chain as ethalon of timestamp server.
Any independent PoW alt chains are poised to die.
|
|
|
|
Silver dropped more than gold in the last 2 years.
Interestingly enough, LTC dropped more than BTC also.
LTC "is like a sivler" is nothing more than advertisement. There is a competetion between two (three, four, etc) chains, even with different hash algo. Competetion with consumed power. Today when typical miner spends many kW/h, he hasa choice whether to run bitcoin or other algo miner. And his power source is limited. So one chain begin to entice miners from another one along with other chain security. So one chain "eats" others power and security. This is not like gold and silver live in nature. Gold doesn't destroy silver with just self-existence. So I may say, Only one chain price has a market value. Other's value is ZERO. |
|
|
|
|
Show Posts
