Daily PSAR flipped to bullish on Chinese exchanges, damn bulls...  bye ... don't let the door hit your butt on the way out? haha, permabull humor... or was it not? Just FYI I had a small long and added to it on the PSAR flip. Will take profits around 440$ if this looks weak (and will crash), or wait with profit taking until 470$, where this should correct anyway. But I would have loved a nice crash to 300$ instead.  |
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Daily PSAR flipped to bullish on Chinese exchanges, damn bulls... |
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MMMGlobal on Google trends  |
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Bitcoin stable, ETH about to crash hard (I hope so). Moved funds to exchange, hoping to catch a falling ethereal knife.  |
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you know that spike from Nov to now? where it more than doubled? that is the halving priced in....
why? markets are forward looking, the halving is going to surprise exactly no one.
anyways daily volume is pathetic, I sold all my BTC again for a 2nd time.
Maybe I am wrong and it goes back to $1000, who knows, all I know is I am out with good profits again for 2nd time.
No the halving is not already priced in, the demand in November was from Chinese exchanges reinstating direct bank deposits plus the MMM ponzi, now we see just a shadow of those events. Chinese miners are draining the bid side on Huobi, and the wisest path is to correct and start again. It's possible that the later increase in western exchanges' bid side to be the "pricing in", but if Huobi crashes they'll follow. Right now volume is low, since it's a high risk to take sides, I see more risk to be long, and little reward (can reenter later if this breaks 470$, on a retracement). |
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Crazy prediction:
Craig Wright IS Satoshi Nakamoto and is going to destroy the Millions of coins he holds to proof it.
Would you mind specifying how will he DESTROY coins? send them to invalid uᴉoɔʇᴉq address -> coins destroyed further reading: https://medium.com/@alcio/how-to-destroy-moondollars-255bb6f2142e#.fvpfi04ziedit: 1BitcoinEaterAddressDontSendf59kuE seems like a good start that seems to be a slight flaw in uᴉoɔʇᴉq. if uᴉoɔʇᴉq goes mainstream there will be people who do that by accident because their brains are coated with fluoride and aluminum, and in some case lead. just ask juangee, he knows about that . there is a checksum in uᴉoɔʇᴉq addresses you cannot send funds to an invalid address wallets make sure the address you are sending to is a valid address "1BitcoinEaterAddressDontSendf59kuE" is valid but thats only because the person that created it knows how to compute the checksum. 1Bitcoin sEaterAddressDontSendf59kuE is invalid. If I understood correctly, a properly coded wallet should forbid sending to an invalid address, but a buggy one could allow this. |
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Crazy prediction:
Craig Wright IS Satoshi Nakamoto and is going to destroy the Millions of coins he holds to proof it.
Would you mind specifying how will he DESTROY coins? |
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Even though you seem thrilled to find and post bearish bitcoin news, those articles could also be read as bullish... - especially the second one because in the end, there seems to be quite a bit of decentralized decision-making and investment going into bitcoin, that signifies that individuals (and small companies, and maybe even governments) will be continuing to invest in bitcoin's computing power and into securing the blockchain (as well as attempting to control some of the mining process). Good ole competition may well cause a computing power arms race in respects to bitcoin. Even if it seems to be wasteful, it surely shows anticipated ongoing interest. Plenty of permabulls here, happy to post bullish news, I'm just playing for the other team. About market direction, IMO if during the next 2 days there won't be a pump that turns 6h MACD to positive, then we'll crash. If there will be a pump, we'll still crash after that, but from a higher price point... |
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^^^^^^^^^^^^^^^^^^
More like, whale missing in action... Whale(s) forgot to turn on the fake volume bot, or did it on purpose, for some unknown reason.
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hurray! there is nothing like a bloodbath to increase profits! mu spoon is ready to scoop them cheap coins  Define cheap  480$ is cheap, 190$ is expensive. |
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I think it's time for a little pump, I need one since I foolishly closed my short at 415$...  |
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Has Adam joined a smear campaign against bitcoin? |
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Fuck... I closed my short at 415$, didn't expect such a large sudden drop. This quickly went from hugging the upper BB in 12h and 1d to the lower. Also flipped 12h and 1d PSAR to bearish.
Now I have to wait for another good short entry. Is there some bearish news to explain this sudden and rather large drop?
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