Re. your edit: I find that people are less guarded and much more receptive when I sprinkle my texts with misspellings and shit grammar.
Have you considered cogent arguments instead of repetitive put-downs and your trademark image macros? If he contributed anything useful he wouldnt be entirely banned from the forum and have his posts deleted on sight.. It takes literally a second to report anything he posts for deletion. |
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Looks like I was partially right: 309-310 was the top.
We are in a danger zone around 280-290 right now; it can go either way. We won't have to wait too long, I'm sure. My guess is we will crash down to 230 in the next few days.
To all you haters, did you really believe we were going to the moon? How many times do I have to tell you that there will never be another "to-da-moon" phase? This is it, folks, for the next 12 months or so, this is how it's going to be: painful slide to new lows, slow gains back to $300, more slide back to new lows, and more slow gains back to 300.
Don't hate me, I'm just a messenger. Your hate and anger should be directed to the whales and lucky early adopters who are jerking the chains around your neck.
[edit] Your hate and anger should be directed to the whales, lucky early adopters, and bulltards who are jerking the chains around your neck.
Yet here you are trolling away. So far you have incorrectly guessed the top twice in one thread, and by definition one of your bottom calls is wrong already. I think we have a new Nostradumbass on the board.. |
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Luc isn't infallible this time, I really odn't know!
What do you mean, this time? |
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The vote almost a foregone conclusion and therefore should be priced in already. There is an edge case that there will be a rebellion by the greek MP's and that should be hugely bullish for bitcoin. But otherwise this was decided at the eurogroup meeting. Grexit deferred.
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We may get another bounce up for a double-top at $320 ($315 realizable trade)?
By borrowing BTC and selling on bitfinex. The leverage you can get is dependent on how much % over your selling price you want to hold a reserve to prevent a margin call.
I almost did it, but decided I have better upside in what I am working on. So it wasn't worth the risk to me (not only unexpected volatility to the upside, also bitfinex solvency or the market price moving faster than bitfinex can execute margin calls), but in your case depending how desperate you are, it might be worth the risk if we bounce up again before declining.
I am fairly certain we will decline, but I can't be sure we won't see prices above $320 and below $400 before going down. Above $400, I would declare myself incorrect and eat the losses.
Some people said you can trade on bitfinex and even sell for $usd without doing KYC as long as you don't withdraw fiat. I didn't want to risk that, because it appears it is a discretionary policy.
Keep calling for 150 based on global macroeconomics which have nought to do with bitcoin prices.. |
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What do you think? I think I might be close. I'm guessing $10,000 per bitcoin by then.
100K maybe, but I highly doubt Bitcoin will increase in value to $10,000 in just 5 years. If this is the case, I imagine some sort of event would have to take place that challenges the stability of the USD. You're thinking of a stable $10,000. But bitcoin went from $100 to $1000 in a bubble. So the question is can bitcoin reach a stable value of $1000 in five years ( and then have an unsustainable rally to $10,000), not whether bitcoin can stabilize at $10,000 in five years. With two halvings, I think it can. Bingo.. |
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I donīt understand why people would go long bitcoin. I could not sleep all night with that risk. No issues with beeing short... In the long run bitcoin will be more or less worthless. To many flaws and old tech...
Haha. Now that is a quality troll post. |
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A Greece deal has reached.
Selling is the best option for now
IMF warned that Greece needs deeper debt relief. Not over yet. Agree; we're FAR from a "deal". A portion of SYRIZA has revolted against the austerity package and they refuse to vote for it; if that happens elections it is sooner than later. AFAIC the viability of the debt... let me say it out loud: HA HA HA!  What is the overall sentiment now? It seems like Greece is between a rock and a hard place with equally foul tasting poisons. The medicine as bad as the sickness. Is there any real choice? Is it so critical to stay in the EU that they should cede island ownership and assets? My understanding is that even if Greek left the EU, the creditors would still take the gold and everything else. Cursed every which way but up as they say. Thoughts? Just wondering, thanks. Crappy times. Re; Putin; Very suggestive statements. Using a blockchain for citizen identification, namecoin? to prevent ID fraud. It seems as if a cryptoeconomist has his ear. More forward thinking than I would have thought. Interesting approach in light of being plagued by various extremist groups. Interesting. In Greece atm. No obvious discontent among the people at all. I have seen lines at most ATM's but that is all. This process between the eurogroup and Greece certainly is not a democratic process. A clear NO vote with 60% of population and then a week later the PM takes a deal to increase the debt further. The debt wasn't payable when it was 120bn euros, a further 250bn euros of 'bailout' made it impossible for them to service even the interest payments and therefore a further 50 bn is simply extend and pretend gone mad. If it shows anything, it is that fiat currency and it's creation is a massive joke. |
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Well here we go to the 250s again.... short in guys cmon dont be stupid!
Its 289$ today, and it will go down a much more. Actually I want it to go down much more so I can put more of my money in btc at much more affordable price  After 3 months, the btc price is going to shoot real high and you don't want to miss that train man. I have been waiting for this from a long time and I have my patience game strong at the moment haha You must be relieved it fell back slightly from above 300. Your plan is to wait for the price to crash so you can buy in big, then wait three months and get rich? Hrm.  |
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What is the reason to think the Greek Parliament will pass the reforms? and if they can't get the votes?
Nothing is over.
that is the reason why we are at 290 right now, and not at 220 again. It's funny how people try to attach real world events to price action as if they are anything but loosely connected. The Greek thing is a catalyst to waking up Joe public to what banks really are, but bitcoin has just emerged from an 18 month bear market. If bitcoin has a future the price will rise again regardless of world events. The price dropped hard yesterday cos it ran too far too quick and a big player took profit.  |
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Cautiously optimistic.
It could have dropped a lot further. Instead we are around 292 and there are only 2.4k coins to 300.
We could still drift higher and continue upwards..
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Ask side looking mighty thin on bitfinex. Let's see if we can drift up..
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No, I was just curious what's going on in tradingview about me. I don't publish anything there. I just use it private when Sierra chart not in current environment.
I thought there is someone posting analysis from my nickname.
Luc. Short technical update? |
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aaaand more abusive bullshit
coinbase goes down , price up $6 , back up , right back down immediately
it's almost as though all of the exchanges act in clandestine collusion to take turns screwing their customers as severely as possible
nothing but fuck you pumps and fuck you dumps bulltrap beartrap bulltrap beartrap why the hell can't we act like *every other* traded commodity and currency on the planet
is it really too much to ask that we have honest markets and manipulators not raping the market ? i guess that is a lot to ask
ps can we just go ahead and ban NLC's IP address ? that would be a lot easier than deleting their daily puke and banning each new account for the 5000th time at least make them leave their basement and find a starbucks wifi to continue their incessant harassment of this forum (then keep banning those until they literally have to commute to keep trolling)
Price hovering in upper 280's. Could be a lot worse. Just report the posts and they are deleted in seconds. |
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1) no double top formation on the chart.
2) borrowing has been at these levels or higher for weeks
3) the price is rising and still up 24% in the last 30 days after the manipulative correction.
4) shorts are back to levels not seen for months because for the last 6 weeks the price has wiped most of then out repeatedly.
We could drop lower but right now we are just shy of 290. All bear trend lines are history. We in fact put in a higher high yesterday and a new yearly high. But sure run for your life and sell sell sell!!!
1) Jan 25 Coinbase pump hit 315 2) Which is why I think we are going to prices that predate the past few weeks (i.e. 250) 3) See #2 4) And the same can happen to current longs. A double top isn't just two tops that are near each other, they are consecutive highs. Not only that but yesterday was clearly a higher high and new high for the year. Yeah the long position is large. But it is almost entirely in the green and never capitulated even at 160. Never say never, but if you are pinning your hopes on a margin call that never came at 219, why do you think that is likely at 288? Technicals for the first time in 18/12 look good.. |
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1) no double top formation on the chart.
2) borrowing has been at these levels or higher for weeks
3) the price is rising and still up 24% in the last 30 days after the manipulative correction.
4) shorts are back to levels not seen for months because for the last 6 weeks the price has wiped most of then out repeatedly.
We could drop lower but right now we are just shy of 290. All bear trend lines are history. We in fact put in a higher high yesterday and a new yearly high. But sure run for your life and sell sell sell!!!
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Not going to happen. Really.
$100 Is more likely than $1000 in my opinion.
The future of money isn't bitcoin and the future of bitcoin isn't money.
Somebody wants to buy in lower! |
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Funny how all the ask Walls on finex disappear or move higher when the buying comes closer!
Almost as if they aren't real. |
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14 dollars to 300 2k coins only to 300 on stamp. The manipulator is most of the coins on finex. Come on China do yo thing! |
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Not sure who is selling now in the low 280's after a 35 dollar drop. The orderbook and the ferocity of the sell off tells the whole story. If this was a 'real' sell off then the chappy with 12k coins sat like a sword of damocles on the ask orderbook would have just sold. I wouldn't be surprised if the orderbook flips around to the bull side over the next few days once he has reaccumulated from panicking prawns. Bottom line if bitcoin holds in the 275-300 range for the next few days then the bull is still ON! |
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