i agree with you for not calling it a bull-phase , it's simply accumulation phase which is in TA refereed to as sideways market.



this phase of the market includes capitulation, anger and depression.

holders and owner of the market start to submit their shares to others with stronger hands, the strong hands keep the buying volume low , they don't make much noise while buying those assets , this usually last for months.

in this phase, volume is usually very low , price does not move much , news don't talk much about that particular asset and the majority of people seem to not care about it anymore.

when all those points are met, price starts moving into a new bull cycle, the first rally is referred to as "disbelief", and then the whole cycle repeats it self again and again.

i made a chart comparing the last cycle of 2014-2015 , it's like a mirror image of what's happening now > https://bitcointalk.org/index.php?topic=5105680.0


the 2011 accumulation phase does not look much different either.

and I do think that we are now are in this phase or simply just so close.

The worst part is that they copy a shitpost, i mean if the purpose is mainly just to post, why not just type some meaningless bullshit anyway? it's even faster to write those everyday's b.s


than having to copy and paste another shitpost , i just don't get it really ! instead of being just lazy , some people are being lazy and stupid.

The trust system is not meant for forum law enforcement, such cases should be handled by "report to moderators".


exactly ^


apparently he might not be accepted in those b.s bounties with a neg feedback from a DT member.

 why can't you just report to this to mods for plagiarism? also there is a dedicated thread for this > https://bitcointalk.org/index.php?topic=1926895.0

I appreciate the effort, but really this is getting annoying, starting a new thread for every plagiarism or spamming accusation is a terrible idea.

JFY knows theymos address ? that's something he might verify with theymos maybe.

hmm possible, but unlikely , he said he lost his wallets, never mentioned selling !  also whatever i said above represents what i would personally be doing/feeling , if i bought tons of btc for 20$ , donated 50 of them to the forum which alone at some point were worth a million dollars and lost the rest in my hdd !

there would be a million things i would do , coming back to the forum to discuss who is on DT and why is differently non of them.

* just expressing my thoughts based on logic and emotions as everybody else, since non of us here has any solid proof to support any side of the argument yet 

just use the ignore function


should be judged diffenrtly depending on the user, most of the time, yes, as it's very possible  " a scam attempt"


this has nothing to do with trust, could be honest kid trying to make some extra money


scam/trade related? yes
other b.s ? no



no ,  distrust the user, make sure he is not on DT.



a big YES , 99% of feedbacks should be based on loss of funds/ scam / trade related subjects , 1% is for other "similar stuff"   0% of personal issues/feelings b.s

 beside all the other opinions it only makes sense that someone who ever donated 50BTC and as any early adopter, should not give a fudge about any DT bullshit on this forum, but this is the opposite of what JFY is doing, before even looking at this topic, i saw him discuss the new DT changes with a DT member,
and i thought to myself " what the fuck is he wasting his time on ? why ain't he cruising in his lambo or 1m$ yacht ?"

but anyhow, the current owner regardless of  (his true identity) is constructive and nice to say the least.

I think i am done with this case, said what i had to say, the rest is on you and the guys who tagged you, and a word of advice, use more spacing, leave an empty line between each of your lines as needed and most importantly type less, mean more.

The format you use is very disturbing to be honest, if you want your words to be read, make them readable so that you can defend yourself.

you repeatedly encouraged him to pay the bribe, which makes everybody and their grandmother thinks that you have a direct interest in that bribe being paid.
you also never bothered mentioning the use of escrow to him , i agree with suchmoon, no matter how i read your conversation, the logic leads to my above analysis.

---

however I honestly don't think that is a solid evidence of you being a part of the scammers team or the scammer himself, i am not sure how other members based their feedback on,i don't think solid evidence is needed to many members and that's accepted, being shady is enough to get tagged for these days , given the amount of scammers online.

as for the evidence, i think we still have to hear from the casino, if it's proven that they were actually the once who send him the email , and asked him for the bribe and that your advice of paying 2 btc was based on a free advice that you had no interest in, then maybe  the DT members should give you the benefit the of doubt and reconsider their rating.

 should the other guys keep their feedback and happens that you are really a honest person, this should be a lesson learned, never ask someone to pay bribe nor answer to extortion attempts.


Warning - while you were typing 5 new replies have been posted. You may wish to review your post. 

OK let's just assume you were honest, and i will let the part of you asking him to pay bribe the extortionist slip.

you asking for 0.1 btc to help a poor soul ,in exchange for getting his account back, but now you speak about information ? if he gets his account back after paying the bribe, why does he need to pay you 0.1 btc? let alone the very unsmart advice of paying a scammer more money to return what they have already scammed.

TL;DR

it's either you were trying to scam him, or being a part of the extortion team , or you could be honest but you differently have no idea what the fuck  you were doing and you just wanted to get some money.

do you have any proof that the chat log belongs to the accused user? i have no doubt that Luno's account is hacked/sold , but this does not mean a proof of new accusation is not needed.

 I think it's normal for Rambotic to ask for money to help unlock the account, i do not even want to argue of whether he has any sort of influence on them or not,
because that is not important, i have seen similar cases "not related to casinos" where random people solve problems for people and get paid ,he also asked to get paid "after" the account is unlocked, to me that was  a legit/normal move.

the shady part however, is this

1- if you are certain that they will unlock his account after he bribe them , then what are you asking the money for ( 0.1 btc)
2- if by paying you or anybody else 0.1 btc the issue will be solved, why did you suggest to him that he pays 2 btc ?

too much of anything is bad, except for money  .

joking not really  .

there is only 1 disadvantage about having money which is , you can't trust anybody's love or good act , you will be doubtful if your friends love you for who you are or because of your money, you will always wonder if your wife will leave you if you lose your wealth.

aside from this, money is good to be honest.

 I honestly do not see any similarity to June / July of 2016, those were like a small pull-back/correction of the start of the bull run, and a re-test of the prior major support.

if that is to be applied to this year,  price has to break 6k test 7-8k , bounce back to 6k ( as per june/july 2016)  

i am almost sure we are way to far from the phase, i think that is more likely to happen in Q1- 2020 at least based on the chart.

as for 2019, the most likely highest price i will be 4k to 5k, very unlikely we are going to see anything above that.

in June/July 2016 , Golden cross has already happened, price was sitting nicely above the 50 and 20 ma ,every thing was screaming bullish, now everything is shouting sideways to bear market.

I am almost certain at least Q1,Q2 and Q3 will be the most boring for years to come, most people will give up on bitcoin by then,only then the rally will start to kick in.

though nothing is 100%, but from a TA point of view ,it suggests whatever i just mentioned.

I am not sure if i should use the word need, but i am pretty certain these guys would wan't more merit ( each have their own purpose), it's never enough, the more you get the more you want, it's like drugs for self-achievements.

---

but to be honest,i most of the time tend to search for low rank members to merit too 

  I have been comparing charts from 2014-2015 to 2018-2019 and i can't think of any more similar market behavior, and based on that , to me ,we still have a long way to go before seeing any considerable gains.

the history view , plus adding to it the concept of the golden cross which is always the best and strongest sign of any market reversal.
 
Without any further ado let's jump right into the weekly BLX chart.






looking at how price reacted to the 20 and 50 simple moving averages back in 2014-2015 , it's pretty similar to how it reacted to it in 2018 , and the similarity is still showing on the chart, it's like history all over again, and based on that, we still have a long way to go for bull market, I never look at exact periods and prices but if timing is to be the same , then here are the numbers ;

it took 440 days from the dead cross to the mark the golden cross, this puts us somewhere around September 10th 2019.


from a pure technical  point of view , it's almost always impossible to make a golden across (shift in market direction) without a quite a good period of long sideways market where price does not move much.

in 2015 it took almost 300 days from the bottom candle to the golden cross, and it only makes sense that the same thing has to happen this year, and even 20 years from now, it's basic , it's simple , it MUST always happen.

therefore based on that, it does not really make sense to buy bitcoin now for long term investment ( for day traders is a different story as sideways market can do up to 100% in btc with no problem).

also the fact that we are not certain whether we have bottomed or not adds more reasons for why do i think it's still too early to buy.

one could argue that the golden cross will happen when price has already increased from bottom, and therefore it's better to buy at the bottom, well this makes a perfect sense in a perfect world, but since we can't know where is the exact bottom, the probability of success is definitely on the golden cross side.

also based on the way these SMA look, it's pretty clear the distance from bottom to golden cross won't be much, as the 20 SMA will have start leveling off , therefore i don't think that anything above 50% increase in price from bottom to golden cross will be possible.

--------------------------------------------------------------------------

TL;DR , when is should i buy? how do i know golden cross is coming,? how do i know bottom is there or almost there?

1- wait for the 20 SMA on the weekly chart to start looking level/flat ( refer to the period before the 2015 golden cross)
2- wait for the 20 SMA to cross the 50 SMA go balls deep with SL right under the 50 SMA

This is probably the safest trade one can ever make.


i would love to hear what you guys think is the best chance on charts for your long term entry?


* this is not a fiinancal advice, trading BTC is FUN risky.

i know this is off-topic , and any further discussion should be done in your thread, sadly it's self-moderated so anything to be said there might be deleted, i commented there to discuss the matter with you,i hope my comment won't be deleted but i am posting this to warn everybody that they must NOT send any bitcoin to you or anybody else without any means of ESCROW.

any further discussion on this subject should be done on your thread and I hope that you do not censor any legitimate questions or opinions.

a forum escrow has to be used in such a group-money thing , i am not accusing you for anything here , but it only makes sense to use escrow when you plan to "collect" money from people, regardless of what you plan to do with it.

a member on the ck solo thread commented something similar to this and you got all aggressive, which i see no reason for, therefore i urge you to use a forum escrow who should own both the wallet and the nice hash account.

your argument is technically wrong because ; banks can't freeze your bitcoins, so you don't have to keep any cash.

but as a general advice, i personally keep some of everything.