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@susila_bai. Read the title well. It has says bear trader.
Also, similar to what I do when I post a thread about an article, I like questioning them and start a conversation. We should not automatically trust what the news tell us, I reckon. Some of them might be paid for by people with self interests or written by corrupt journalists.
Also, I did not say it will not go below $3200 level. I said that it might be the right time to buy below that level. Improve your reading skills.
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I am not a technical analysis expert, however, bitcoin would be oversold under $3200 and it would be the right time to buy than to sell, wouldn't it? What is the basic rule of trading again? Buy low, sell high.  Recently, Mark Dow, a preeminent hedge fund manager and skilled chartist, took to Twitter on Tuesday to make an unexpected declaration. In a tweet seemingly poking fun at crypto’s zealous bulls, Dow wrote that he would be saying goodbye to his Bitcoin (BTC) short, which he purportedly opened during the asset’s peak in late-2017.
In a phone interview with Bloomberg, the ostensible Bitcoin bear made it clear that his tweet wasn’t made in jest, adding that he was “done” with the position. Speaking to the outlet, Dow explained that he doesn’t “want to try and ride this thing to zero,” potentially indicating that he sees some semblance of value in BTC. Equating his anti-BTC forecast to a lemon, he stated:
“I don’t want to try to squeeze more out of the lemon. I don’t want to think about it. It seemed like the right time.”
The current head of a Southern California family office then explained that he already took profits twice this year, making the covering of his controversial short more than logical, especially from a risk management standpoint.
Just a few weeks later, Dow has taken to Twitter again, this time to paint a bearish picture for BTC’s prospects, specifically from a technical analysis outlook. The American economist recently wrote that BTC’s chart remains “beautiful,” but noted that if the asset cannot breach the $5,000 or $6,000 prices levels in a bounce, “cyberbulls” will be in for a tough time.Read in full https://ethereumworldnews.com/bitcoin-under-3200-hodlers-gtfo-bearish/ |
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Electrum users, we are all targets by hackers. I have never experienced Electrum asking for updates from the wallet itself. Updates should be downloaded from the official website and repositories and must be verified by their checksums and the developer's PGP keys. I reckon this hack should be a lesson for us to start verifying all software we download.  Another attack has hit the cryptospace – this time, the target was the Electrum Bitcoin Wallet. The hacker, or hackers, got away with over 200 Bitcoin (around $718,000 as of press) by urging wallet users to download and install a malicious software update, according to business technology news outlet ZDNet. The hack began last Friday, December 21, and has been temporarily halted by GitHub administrators as of today.
To acquire users' bitcoin, the attacker added several malicious servers to Electrum's network. If an initiated bitcoin transaction reached one of these servers, it would respond with an error message prompting the user to follow a GitHub link to download an update. After download, the updated app would request a two-factor authentication code, which, if provided, would allow the malicious software to transfer the user's funds into the attacker's Bitcoin addresses.
Some users even manually copy-and-pasted the link provided in the error message and downloaded the malicious update via that route.
Although GitHub eventually removed the offending repository, the Electrum team silently responded to the hack beforehand by updating the app so that the fake messages would no longer appear as formatted text, which looks more legitimate than plain text. An Electrum developer, known as SomberNight, said the team did not publicly disclose the attack until today because the hacker had apparently stopped.
However, Electrum anticipates another attack to occur using either a different GitHub repository or another download location. The malicious servers also remain on the Electrum network – in fact, Electrum developers have identified at least 33 of them. The team has not disclosed what it intends to do about these servers.Read in full https://www.ethnews.com/200-bitcoin-stolen-from-electrum-wallet-users-via-hack |
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I would be more than happy to hear this kind of prediction from Tom Lee because I would know that it will not happen hehehe.
@figmentofmyass. He might have shorted the rally.
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it is starting to turn into a trend where every country starts creating their own coin. it is just so simple to do so that they all want in because there is a lot of money in doing something like that and not even the government is going to overlook such large amounts of money.
but i don't think it has anything to do with "sidelining bitcoin" though. they want the control over a cryptocurrency which is the hype of our age and as i mentioned there is a lot of profit.
However, it is their idea to sideline bitcoin, because why don't they support the use of bitcoin? It goes back to the question, does China understand what bitcoin is, if their idea of a coin is to be centralized and closely overlooked and controlled by the government? |
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To those with a lot of question about this "glorified sparring match", here's a nice article written a few hours ago https://www.thesun.co.uk/sport/boxing/8050614/mayweather-vs-nasukawa-time-tv-channel-rules-undercard/I thought this fight is called off according to Floyds Instagram account, but I guess the power of money is so irresistible to Floyd to let this one pass. If there's a media black out on this sparring fight and it's not going to be counted on each fighters record then this simply is nothing but for the money and not for the sport. This is my predicted outcome. The fight's result or the fight itself will be made very controversial so that Floyd will get a good round of publicity for months in preparation for his next $100 million fight. This is a scam to gain publicity. |
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They all mostly used to take ped's. But not anymore.
Not sure this is the right place to debate about this but peds are present in every professional sport. Tennis players, runners, boxers, fighters, soccer players... all pro athletes take enhancement drugs. Why ? Money, fame, glory... and because all others do. The same reason reason Chris Hemsworth does it before every Thor movie. Remember that day Tyson bit Holyfield's ear ? He took something before that fight that made him go crazy. Well, all mma fighters take that specific drug before getting in the cage. They need drugs to get fit, drugs to get strong, drugs to heal faster, drugs to have more stamina and drugs to be enraged. It's easy to do and easy not to get caught. I reckon it has not been as easy to do with USADA around. Also, there will be athletes who will be caught up from their doping days similar to what occured to Lance Armstrong. |
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@cellard. However, Jon Jones is that stupid. His checkered past shows everything about him as a person. Being a cheater who takes steroids before each fight is also within his capabilities.
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I think it is only a direct result of the smaller miners leaving the Bitcoin scene. The profitability of the mining might have paid for the hosting of the node and now those miners are struggling and they might have temporarily shutdown these nodes. <Bandwidth cost and the cost to run a node 24/7 can be expensive for people living in 3rd world countries> The situation will change as the profitability increase in the future. <We cannot stay at the bottom forever and the difficulty will drop as more miners leave.>  This isn't about miners, it's about users who run full nodes to support the network and verify the blockchain themselves. As blockchain grows, it becomes harder and harder to keep doing it for hobbyists with their home computers, especially if they don't upgrade their hardware frequently. Also, it might be caused by the bear market, as people tend to give Bitcoin less attention during these periods, even those who are involved. Agreed. But the more important question. Would a bull market increase the count and get back those nodes online that were shutdown? I reckon it is hard to be charitable if that person is forced to pay for the cost hehehe. |
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the People's Bank of China's does not appear to understand what the cryptospace is Oh they understand very well, that's why they are implementing these measures. Dude this is not about economics or about protecting your citizens or about money laundering or about terrorist financing ... The Chinese government is headed by a group of people who want to keep in control of the entire population, bitcoin has a very ideology different from the ideology of the Chinese government. I reckon China will be the no.1 in economy, technology and in military by 2050. And on that day the forest of Africa will not exist, the sky will be black and without some bird because all birds will be dead, the oceans will be without octopus, squid, fish, seafood, scorpions and snakes will be in the extinction because of these Chinese and many Asians that fish and destroy nature aggressively. china is colonizing Africa indirectly, and this is because many African governments are run by shit people and corrupt people Yes they might understand, but it appears that they have underestimated it extensively, that is why I reckon that they might not have fully understood it yet hehehe. In any case, read their plan to sideline bitcoin. Whoever proposed it does not understand bitcoin. |
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I predict that there might be no ETF approved until the 2nd half of 2019. It might be approved on October or November then scheduled for a December 2019 launch.
What makes you think any ETF will be approved this time around? I'm 99% convinced any application is toast for the foreseeable future. There's going to have to be a vast amount of change for the SEC to consider it. Nothing in essence has changed since the first Winklevoss denial and SEC staff have been getting ever louder about why they're not keen. There'll have to be a new generation of applications a long way down the line. I reckon the corrupt system, made of politicians and their monarchs in the banking system, will be looking for another investment scam similar to what they made that caused the housing bubble. I speculate that there will also be an Ethereum ETF which would appear that the regulators who approved it do not care if the project behind it is working or not. |
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@TBboys. However, China has become the most promising country that will takeover America as the greatest super power nation of the world. Their middle class is growing while America's middle class is shrinking.
I reckon China will be the no.1 in economy, technology and in military by 2050.
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I predict that there might be no ETF approved until the 2nd half of 2019. It might be approved on October or November then scheduled for a December 2019 launch.
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@Red-Apple. What makes you think that all speculators are bagholding Ethereum? The smart traders who sold on the top are buying again now on the bottom.
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This could possibly be great new for insiders.. a nice short opportunity was definitely there if you knew the news before they hit the websites, but im still not convinced about this being an orchestrated thing involving the dumping. It could very well be bureaucracy being too much of a pain in the ass which has forced them to delay the thing once again.
I was looking for a $8500 ish bounce for christmas to new years eve, but not it may as well be delayed for Q1 2019.
However it might be delayed once again hehehe. What did I tell everyone 1 month ago? I reckon there are some regulators who would do everything to drag this for as long as they can. Read the news https://www.coindesk.com/launch-of-bakkt-bitcoin-futures-market-may-get-postponed-again |
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A futures product for Ethereum will no doubt add some hype to the platform and that along with upgrades could set the stage for some improvements in price from next year onwards regardless of all the doom and gloom predicted in the media at present for alternatives
Agreed on the hype that the futures market will bring. It will also cause some hype on ICO tokens hehehe. However, I disgaree that the upgrades will set Ethereum for the improvements it needs. Their development team have been making false promises after false promises and their project has failed to be scalable for world adoption. I reckon Ethereum's next pump will be one of the cryptospace's biggest pump. It will also be an exit scam for ETH's biggest investors. |
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That is the reason why people should make a distance in gambling. You see, people tends to choose the path to least resistance, a path that is more easier and more efficient for people. Gambling is a way to earn easy money, yes it is easy to earn but the probability of you winning is low. That is the reason a lot of people are losing than winning. Instead of pushing their limits to other things they are putting it on gambling, I don't know what is the difference of gambling and focusing on your job? I think gambling is just way more easier to do than their jobs.
However, you are promoting a dice gambling website in your signature hehehe. I reckon gambling is ok as long as you know your limits. It is entertainment. But there are some talented gamblers who know what they are doing. If you however do not have the talent or the brains for it, do not try to be like them. |
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Maybe he was too inexperienced in the first fight and don't know how to phased himself that's why he run out of gas. He is also throwing uppercuts with the Jones fight but he was not hitting squarely because Jones keeps moving as opposed to Glover just standing with no head movements. That's why his uppercut is very evident on that fight. I remember he hits Glover 3 or 4 successively, Teixeira is a stationary target. Here are highlights from Gustafsson's fight with Glover Teixeira. https://www.youtube.com/watch?v=fWVdOq_5zZsGustafsson's punches seem to land with more impact and force than they did earlier in his career when he fought Jon Jones. You can actually see Glover Teixeira's head snap back from the force of the punches, which mostly glanced off Jon Jones head as they lacked the same type of commitment or body weight behind them. I re-watched the 1st fight between Jones and Gustaf from the link tokeweed posted above. The kicks to the body Jones landed and the spinning elbows could be what caused Gustafsson to tire. Those are the impressions I get. Feel free to agree/disagree. @Kemrait. What is phased?
@Hydrogen. Jon Jones also has improved his boxing. I reckon the biggest difference between his fights from before and the fight next week will be his hands. They will be faster, stronger and they will hit their targets.
My prediction is a doctor's stoppage on the 5th round because Alexander Gustaffson's eyes are closed shut courtesy of Jon Jones' boxing hehehe. I think Kemarit meant to type "pace himself" instead of "phased himself". Don't know if Jones has improved his boxing. He does most of his damage with kicks and spinning elbows. He's never inflicted serious damage with punches in a fight that I know of. Hehehe ok. Also, Jon Jones has been training in boxing during his layoff from MMA. He said his hands have never been better in his entire career as a fighter in an interview. |
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@gentlemand. If they also shutdown, I reckon another country will welcome all that cryptocoin liquidity in their borders.
I speculate that Singapore and Hong Kong will set up a more welcoming legal environment for the cryptospace in Asia, Switzerland and Malta in Europe.
As far as I can tell Korean money can't go anywhere else, or at least not in significant amounts. That's why their prices have always been so out of kilter compared to everywhere else. The only effect Korea has on anywhere else is them sucking up supply, but they were probably being sold non existent coins anyway. Is it not why the price of bitcoin is higher than the rest of the exchanges? I reckon many of the Korean whales must have a high potion of their trading networth in cryptocoins by now. |
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