The cryptospace appears to be beginning to spread bear market irrationality. According to this clickbait news, an up and coming analyst that hides behind its twitter account name Financial Survivalism, bitcoin could drop to $800 if it fails to surmount a declining trendline at $4600.I reckon the people who controls that Twitter account should talk to the now rational Tom Lee for advice hehehe. Also, this news might be a scam effort to gain more followers for that account which might also be controlled by newbtc.com. I might also be irrational in this, however hehehe. In any case, who owns newsbtc?  Another day, another foreboding piece of analysis. A leading analyst claims that as Bitcoin (BTC) has yet to break out of its current range, there’s a growing potential that the cryptocurrency could fractal, and undergo a drop that looks much like that seen in November of yesteryear.
Financial Survivalism, an up-and-coming analyst centered around Bitcoin, recently took to Twitter to issue a harrowing comment. He noted that the longer than BTC fails to surmount a long-term declining trendline at ~$4,600, the higher likelihood that the cryptocurrency’s price could “mirror the price action from September 20th to November 25th of last year.
Per the analyst, this would mean that BTC could trade flat for another two to three months, before falling dramatically to the $800 price point. This, of course, is a worst-case scenario, but Survivalism does allude to a good point about market cycles and behavioral finance.Read in full https://www.newsbtc.com/2019/03/03/bitcoin-collapse-800-late-2018s-plunge-mirrored-crypto-analyst/ |
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@gentlemand. No, however there might be some people who might have listened to him before. In any case, I reckon his prediction for bitcoin to do better than $3900 on 2019 is rational. What about you, is it rational?
I can remember that people were initially hyping him up, but that definitely changed after how he made himself look like a fool with his failed predictions. He shot himself in the foot, and that time on time again. I won't take any of his predictions serious until he understands what this market is about when hype is no longer the main price driver. He will get it eventually, but it will take some time. Being wrong each time has definitely had an impact on him and who knows, maybe he can stop being a meme and become someone who people actually value. It's hard to imagine now, but everyone deserves a second shot. Agreed. However, it is not about getting another shot, but about his outlook for 2019 and if it is rational or not. Is it rational for you? |
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@gentlemand. No, however there might be some people who might have listened to him before. In any case, I reckon his prediction for bitcoin to do better than $3900 on 2019 is rational. What about you, is it rational?
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Nice card we here this coming Saturday (Sunday here in Philippines). My picks will be Jon Jones, Tyron Woodley, Ben Askren and Cody Garbrandt. I'm still at 50/50 with Ben Askren, he may have a good run with One FC but we do not know if he will have a good chance with the fighters in UFC, not that I belittle the fighters in One FC but those who are not successful in Bellator and UFC usually signs up in One FC.
Ben Askren might not have debuted with UFC yet, but he was the undefeated welter weight champion at Bellator if you are not aware of it and he asked for a release thinking that he could join UFC but he got dumped because of an twitter exchange prior with Dana White and so he had no other options than to join One FC and he dominated them all and now he got a chance in the UFC and he started calling out everyone who talked about him in the past and the funny thing is no one is responding to his calls now. @eaLiTy. Jeremy Stephens might defeat Zabit similar to what he did to the Korean Superboy. This is a dangerous ladder up for Zabit versus a fighter who has fought the top fighters and who also has knockout power.
I reckon Zabit should be prepared to be disappointed hehehe.
First you have to consider the location he is from, no emotions what so ever and he is the complete martial artist according to most of the experts as he is super technical on the feet as well as on the ground and yet with strikes and combinations we have not seen yet inside the cage and i really do not know who could match with him skill wise, Jeremy Stephens is a really good striker but i really doubt he could match up with Zabit. However, Zabit has not fought anyone on a higher level in the UFC. Jeremy Stephens will be his first. Also, Tecia Torres might win versus the female chinese fighter. The same reason as Zabit and Jeremy. |
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A shitcoin? He's got lots of bags.
Shit coin does not have chances to add into the payment methods of the forum by theymos. There is something more behind this than a cryptocoin trying to copy bitcoin's cypherpunk roots. There might be whales and cryptocoin companies supporting the project. However, do also listen to theymos' prediction of Grin to be as low as $0.50. |
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I support this. This is the only way to go forward, I reckon. Also, the only people who will be against this proposal are the GPU mining farm owners who will be the first people to leave Aeon when they see another more profitable coin to mine. @smooth. What is your position on the proposal? |
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I reckon everyone should compare Grin to the other more similar cryptocoin with a similar monetary policy. Dogecoin. Everyone is busy comparing Grin's monetary policy with Ethereum's monetary policy, however, they are very different projects.  |
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I already stopped using coinbase.
But at the end of the day, it's still depending to the users to decide if they want to continue using them as their service is convenient for most. Some probably will just follow the trend.
Agreed. However, we the lowly forum cave trolls who know more bitcoin information than some of the smartest financial gurus in the world should be guiding everyone on what services are advisable and what services should be avoided. That should never ever stop, I reckon. |
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@gentlemand. However, he might get it right some of the time hehehe. If 2019's high note for him is anything far lower from his original $25,000 prediction for 2018 then he has become less emotional and more rational.
But who cares if a broken clock is right occasionally? What this ecosystem needs is more people with realistic views and accurate predictions based on analysis. Instead we have very polarized doom/moon opinions. To me this is a sign that even after 10 years, the ecosystem is nowhere near mature and there's still a long road ahead. I am only saying that he might be more rational and less emotional today than he was when the market was on high velocity falling down. It might be an appropriate time to begin listening to him again hehehe. |
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@cAPSLOCK. That might be true. The motivation to begin something extraordinary slowly goes when someone becomes more financially comfortable in life.
In any case, I reckon the Aeon community, which is made up of bagholders like me, has to be motivated to do the extra work hehehe. The transference of labor from top to bottom in the cryptospace.
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@LUCKMCFLY. Your long analysis condensed in one picture hehehe.  @Cryptotourist. Grin might not fall to sub dollar prices, however it might also not sustain a type of price increase similar to bitcoin. Inflation will be over 10% for the next 10 years and I am certain some large bagholders will be selling on the pump during periods of fomo. Grin might be more like dogecoin for the first few years before becoming something like bitcoin, I reckon. The Grin development team were very serious when they said that Grin is not for getting rich quick. |
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Charlie Lee is known to hype altcoins on Twitter and was also known for selling at the peak of litecoin's all time highs. He might be a stone hearted pumper behind a harmless image. The litecoin community might also say that litecoin's partnership with the UFC is for a campaign for adoption, however, it might also be Charlie's preparation for the biggest pump of litecoin hehehehe. |
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This is not a call for a move out of the purpose of righteousness but a practical call that Coinbase might become better and better in tracking your coins and might intrude in your privacy. I reckon, maybe Brian Armstrong wants to be the Facebook of blockchain analytics hehehe.  Brian Armstrong, Coinbase CEO, the Zuck of the cryptospaceCoinbase, the largest US-based cryptocurrency exchange known for its ease of use and attractiveness to mainstream cryptocurrency users, has experienced some controversy as of late over their acquisition of Neutrino, a blockchain analysis startup that traces cryptocurrency transactions.
Neutrino was founded in 2016, and is a company based out of Italy that’s led by Giancarlo Russo, Marco Valleri, and Alberto Ornaghi.
The controversy surrounding Neutrino comes largely from the involvement of Valleri and Ornaghi, who before the establishment of Neutrino were executives of Hacking Team, an intelligence firm that sold spyware tools to government agencies around the world.
Hacking Team provided these tools to repressive regimes, including Sudan, Saudi Arabia, and Venezuela, who allegedly violated international laws and used those tools to monitor and endanger political dissidents, journalists, and activists. Essentially, the company put aside their morals and sold spyware and surveillance tools to regimes that perpetrated human rights abuses.Read in full https://www.investinblockchain.com/will-coinbase-lose-users-controversial-acquisition-neutrino/ |
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@gentlemand. However, he might get it right some of the time hehehe. If 2019's high note for him is anything far lower from his original $25,000 prediction for 2018 then he has become less emotional and more rational.
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This is an article about Andreas Antonopoulos' video commentary on government issued cryptocoins and the last era of paper money. Another clear reason to hold bitcoins while the world celebrates the development of government issued coins, I reckon hehehe. What they [governments] are trying to create is a currency panopticon a situation a virtual digital prison of money in which everything you do is controlled everything you do can be seen can be monitored and at that point your freedom is one binary switch free not free free not free and one day someone’s gonna go through that virtual control room ago click-click click-click click-click I won the election of courseSource https://ambcrypto.com/bitcoin-btc-proponent-there-are-going-to-be-more-state-sponsored-cryptocurrencies-because-cash-is-going-to-be-eradicated/ |
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@Febo. Bisq never had relevant volume for helping with any coin's mass adoption, however. But depsite that, Grin's way of transacting between users might also make it a challenge to create a centralized person to person trading platforms similar to localbitcoins.com which was a big contribution to bitcoin's adoption.
It might also make it hard to prove disputes in over the counter trades if someone did it in currecny exchange subforum.
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Do not listen to thrantidung's advice. This is not a safe entry point for short term, medium term or any term. Listen to theymos, he is the person with the most experience in the cryptospace, and Grin might fall to $0.50, according to him.
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@waversurfing. Agreed if we consider Aeon as the silver to Monero's gold. However Aeon had an original vision to be a light cryptonote coin with nodes made to run on light hardware.
Also, it was supposed to be the project that would be more experimental than Monero.
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@eaLiTy. Whatever they make it appear to be, the Cain that went in the octagon versus Francis Ngannou was not the Cain that would have won with or without the knee injury. Ring rust is real no matter what anyone believes.
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