Sell your pants at this point! Ask has failed us terribly. Sell, sell, sell! Game is over.  100d MA is above 200d MA. But there is no rise. Guys, sub 100 USD is comming. I was simply wrong, because I am a troll...  ha?! Everything will be fine. I agree with lyth0s: "Just a temporary setback " Hopefully you are right. Regarding the "temp. setback", could it last few weeks or it's only matter of days ? |
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We need to break 320 IMO or we were in a countertrend rally and the bear trend is not over.
In this case I think we will see 100% sub 200s again and maybe double digits. It will take time though.
Lets say we didn't break the 320 and the bear market is not over, why we would have a massive dip to sub 200s and double digits ? Edit : And doesn't double digits sounds unrealisitc ? |
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Sell your pants at this point! Ask has failed us terribly. Sell, sell, sell! Game is over. 100d MA is above 200d MA. But there is no rise. Guys, sub 100 USD is comming. I was simply wrong, because I am a troll... ha?! |
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I explained above why the current setup makes me cautious. That does not mean I know where it will go (neutral ATM except some 'scalps') and we (everyone here) try with TA (TPTB with TA+fundamentals) to figure out a possible direction with every clue we can find in our charts. In order to provide some more clues why a triple break must always be treated with caution in a counter signal, I will provide some more examples from BTC chart. Coincidentally the first one is from the double top I mentioned before of last summer. I see many similarities with back then but there are of course differences too. Not sure what will happen if we double top now (same or different pattern) but BTC tends to repeat patterns (don't you dare deny this!  ). So here is the first chart:  That was a very strong sell signal and a first serious warning that this asset should be treated with extreme caution! Even the subsequent strong double top could not reverse this and then we fell even harder! We fell down to 445 and bounced at 530 - then another triple bottom (468) break finished any chances of recovery! We fell to 275:  275 to 410 and the another triple bottom at 368 sends us at 315. Then we rally up to 475 and we get another triple bottom at 365 which brings us at 165! :  That was the last time we encountered such a signal until the recent one. Thank you Klee for this informative post. How is this releated to our current situation now ? |
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It seems we started moving, finex is at $294.5 now.
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Can you pm me the list? Thanks
PMed you the list bro |
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I really hope you are right. I don't think I'm underestimating the power of Bitcoin, and I'm sure you are not either, but for the rest of the population I think it will take time. I want to believe your version is more correct than mine, as it would be a win/win/win for all concerned.
Been there, seen that. History repeats, only actors are changing... Well said Ask, +1 But the question is, history repeats or rhythms ? Ask, waitin' your reply |
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As I've strong feeling what you are saying is right and I'm confidently believing you. Here is something nice to share along with your speculation which ensures that you are right.  |
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"Nobody buys the triple digit lie anymore" - Blitz Oct 2013.
What you want to say ? |
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I really hope you are right. I don't think I'm underestimating the power of Bitcoin, and I'm sure you are not either, but for the rest of the population I think it will take time. I want to believe your version is more correct than mine, as it would be a win/win/win for all concerned.
Been there, seen that. History repeats, only actors are changing... Well said Ask, +1 But the question is, history repeats or rhythms ? |
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Looking for orders |
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Speaking of minnows I have an idea I would like to moot with some of the regulars on here. I will collect my thoughts and PM some of you in the next few days. Nice to see us inching closer for an attack on 300. Bears must be nervous Hopefully it can contribute well to the BTC community and help us as a bulls/permabulls |
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The english speaking world is at sleep. Good! You need the sleep, to be prepared when the financial tsunami rolls in.
And the ETA is ?? I hate sideways and wanna see some action really. |
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There are some speculators that say so, and I hope it's right.
I will vote with "Yes".
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Since no one has posted it yet: | YEARS | BLOCK REWARD | COINS DISTRIBUTED | TOTAL DISTRIBUTED | | 2009-2012 | 50 | 210,000 blocks = 10,500,000 | 10,500,000 | | 2012-2016 | 25 | 210,000 blocks = 5,250,000 | 15,750,000 | | 2016-2020 | 12.5 | 210,000 blocks = 2,625,000 | 18,375,000 | | 2020-2024 | 6.25 | 210,000 blocks = 1,312,500 | 19,687,500 | | 2024-2028 | 3.125 | 210,000 blocks = 656,250 | 20,343,750 | | 2028-2032 | 1.5625 | 210,000 blocks = 328,125 | 20,671,875 | | 2032-2036 | 0.78125 | 210,000 blocks = 164,062.5 | 20,835,937.5 | | 2036-2040 | 0.390625 | 210,000 blocks = 82,031.25 | 20,917,968.75 |
I think the rewards and distribution is a good thing to look at when speculating about the longer term. Not sure what the price will be in 2020. But I know if you can hold onto your stash until the 2030's when rewards really fall and total distribution is over 20 million coins you should be in a good position Actually if he/us can wait for 2024-2028, it's nearly the same like 2030 and even 2036/2040. Because at 2024-2028 nearly more than 91% of the coins are mined and it's a far good time to have a brilliant position, not only good one. |
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1. Keep it, and build upon it the second and third coin and so on. 2. Come after 5/10 years and thank me for letting you rich 3. Enjoy I love this certainty  I love it too 1. Keep it, and build upon it the second and third coin and so on. 2. Come after 5/10 years and thank me for letting you rich 3. Enjoy he needed more than 1 years just for one, in 5 years he will have only 5 btc at best, i think he need to speed up the process if he want to accumulate a good amount, for when the price will skyrocket You are right Amph, but look for the full half of the cup not the empty one Even if he have 5 BTC and BTC reached $10K, he would have $50K. $50K or nothing ?!! |
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Can I use windows 8.1 keys on windows 10?
No brother. |
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drop 20-30 usd
Did the strong final sell occured or not yet, Ask ? |
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The halving will spur a lot of buzz Why ? Markets love dates and events they can speculate onwards to. The halving is an perfect event to start a hype cause its a.) very easy to understand for everybody and it has b.) an obv bullish undertone as supply gets smaller. This will definitely get picked up by the mainstream media in spring 2016. CNBC and others love such stories. Why "Just 0.001% would be enough." ?
Given the Billions that are moved at the financial markets every day BTC needs just a very tiny amount to get pushed in one way or another. The BTC markets are moved by single Millions at the moment. So overall you are Bullish if I'm not mistaken ? |
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One of the most wonderful threads I've passed by since I've joined, thanks a river really and this quote sums it all Whatever you do, good luck, and remember that thread. Actually print it and put it on your bedroom wall. Again, thank you really. |
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