Let's hope the price takes another dip,weak hands turn off their miners 

the only value that BTC can't go to is a negative number. anything from 0 to million is technically possible. when btc dropped from 19k to 10k we thought it was the bottom ! , 6k we were like okay this is the very bottom.

identifying the bottom is really difficult. but one thing for sure. as long as we are above 7500$ "prev high" , we are still in a bear market any there is no limit for how low we can go. but i am placing my bet on 2900-3100 to be the bottom of this bear market, somewhere around mid to end of 2019.

I have not downloaded your version, but gave you a merit for your work and for that fact that you giving it out for free. good luck

if you follow > https://satoshi.tokenalerts.com/


14WsnXXF1uY5Mi9oEGAB7rkrTEYBL9xE1N
1sypBuQCwDTK4Hb9RV3C6N5gNx464Q8XS

These 2 wallets have not been touched since 2011.  most likely these coins are generated by mining whole blocks in the early times of mining.

there are more example could be found on the sheet here > https://docs.google.com/spreadsheets/d/1f-iwNHgcoGjSt1iBzrrnO5MsPhFNOuJvbsXP1VBVymI/edit#gid=189298223


someone pointed this out on of the telegram group related to crypto. most people took that as a bad sign of early adopters dumping their BTCs, and we all know those early geeks must have a huge bag of BTC.

on the other hand, the way I look it is positive, because I do think that the wealth has to move from the geeks to the wealthy. it goes against the world standards that thousands of nerds become millionaires/billionaires just like that while the whales and the large institution do not get to make most of the profit in any growing market, they just won't let that happen.

also if you consider the market cycle of most markets




we need to get to the anger and depression phase for the market to kick-in. this is the phase where early the adopters and the late comers submit their hodlings to those with better stamina and much better skills of handling the market.

we are getting there people, be patient, another dip to 2-3k , a few months of very low volume and depression and then straight to the moon.

Think 10 times before giving your money to bitmain, if history keeps repeating itself, you are never going to ROI.
always keep in mind that whatever you see on the profit calcs is not REAL. the moment you get the miner "as many others do" the difficulty will sky rocket and your only bet will be on the price of the coin you mine. just my 2 cents.

where i live the temps between day and night at this time of the year is huge. it goes to anywhere from 26-30 degrees at noon and as low as 6-12 at night.


I need some advice regarding asic freq change based on temps.

what would be the easiest way whereby i check temps if they are 90c and frequency is say 500 it drops to 450 , if temps are still 450 another rule will handle the drop to 400m. same goes for when they are cool enough and i need to increase the frequency.

I think you understood the point of my topic very well. now imagine that your job is to promote bitcoin to the average folks. you get 10 bitcoin in your wallet and you have to sell them "not on exchange or OTC".

how do you get people to buy it ?

 I totally agree with your way of categorizing those potential clients as two . how do we go about promoting bitcoin or crypto in general to those two  types of people?

well indeed the market does what it wants to do, it does not really react to charts, but charts react to price.  we as TA people in most cases see the same chart and think that same thoughts, when price broke the trend line bottom which was about 5900$ i personally sold out, and obviously i was not alone in this as my whole worth of btc is not even 0.00000000000000001% of the market cap. but it does accumulate with other traders. causes the panic and price dips.

fundamentals are of course way stronger than Technical, if tomorrow satoshi comes out and prove himself and say BTC is scam, no support and no TA will hold btc from going to 0. on the other hand if we get ETF approved, prices will care less about any Resistance on the chart and will shot to surpass ATH.

but in normal market condition TA does work "not all the time tho " . and if you use it right, you simply end up with more BTC in your wallet.

cheers.

why are you surprised? it is still expensive to buy crypto now as compared to 2 years ago. prices were inflated,  now they are correcting and there is no limit of how LOW they can go , don't get me wrong i am sure they will go pass ATH but not soon, the worse is yet to come. 3500-4000 is very likely the best scenario for this major correction in my opinion.

Ya right 

most people think that "No useful Dapp or any sort of business based on bitcoin or crypto in general that is making a decent amount of revenue except for exchanges and mining hardware companies.!"

If you have to debate with someone about the "real" value of bitcoin. rather than people buying it to sell it for more fiat , what are the proper arguments that you have to use ?

people have already built this kind of immune system against the benefits of Decentralization which is bitcoin strongest weapon.

i mean the average person does not really care about centralization, more than 90% of the world's population, go to work early morning, go home in the evening, get paid by the end of the month and really do not give a fudge whether their money is sitting at the bank or an Exodus wallet as long as they get to spend it.

that average person would buy into a new idea if it has something of a direct change on his life style, i mean if you were to invent a cheap flying car then the whole world would want to have it.

I was trying to promote bitcoin to one of my friends, and he did not seem to be impressed at all, a while later another friend of ours talked about this new product that you  can apply to your penis  and get an instant 0.5 cm extra length and my friend got so excited and said he is going to buy it.

it's not funny i know, but seems like he has got a small one and he needs to fix it. so he THINKS he is got a problem , therefore whatever solution you throw at him is an easy SELL.

but people do not really have any problem with fiat or how govs print money out of thin air. they really do not care as long as they get enough of it .

so what is the real use case that we can plant in these people's heads ? do we have to create a problem that matters to them and then propose bitcoin or crypto  in general to solve that matter?

how do you go about convincing some one into at least believing in bitcoin as appose to buying it. ?

If you think the earth is flat because it says so in the Bibble, then maybe its about time to realize that the bible is not the words of God, neither the earth is flat.



and before you shut your eyes/ears , watch this > https://www.youtube.com/watch?v=anco9K7YNOQ

judge by yourself.

we will most likely have some sort of correction to 5450-5700 before attempting another low. unless BTC makes a daily close above 7500 , it will always be safer to short it. many people keep their eyes closed and waiting for 20k again , i know not every is a trader. but it really does pay off when you sell high and buy low. my plan is to get more BTC shorting it, not to get more fiat. as i am pretty sure BTC will sky rocket. but it's just not now. not until 2020.

Thinking, believing and hopping do not always reflect the truth. look at the charts.

A few  days ago i was still bullish on bitcoin as it stayed strong above major support  trend as well as horizontal support support of 5800$-6100$. the bulls defended that area for from the beginning of the dip on Feb, the long positions on that area were always big enough to bring price up as soon as it mingles around those prices.

this time however, it's pretty different. price went pass them like they were nothing. the area from  5800 to 6100 is has now formed a very strong resistance levels that do not seem to be broken before making a considerable low.

I do believe there could be one more bull-trap before we head down. but most likely nothing major.

The next support would be 4900 which happens to be both trend line as well as a horizntal support formed on Aug 2017 " previews resistance". yet i would not count on that to be a kick start for a new bull run. price will surely bounch back from there only for correction.

breaking lower the 4900 will easily take us to 2900-3100 which is a strong support formed on Sep 2017 from a previous resistance formed on June 2017, what's more interesting that price meets the concept of "history repeating it self" which is about 85% drop from ATH that started in late 2013.

this is the most likely scenario that i expect now, however the hardest part would be the timing. if history is to repeat itself then we will remain a bear market till around Sep 2019 before the next bull run starts.

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

From a fundamental point of view. recently Crypto has not made anything noticeable that could make it attracting enough to be 2-3 Trillion market.

we see new shit coins every day, most which has no purpose, many scam projects. and recently the hash-war of BCH is one simple example of why the world still think crypto is a risky and easily manipulated market.

we will need couple more months to clear out the path for the true vision of crypto for preparation of mass adoption. as with this situation,prices are as best as they get.


no fud here, just trying to point out the facts. i want nothing more than BTC going to 1 million over night. but this is just not happening.

being realistic can save you from future coming events that may break your heart.

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

24/11/2018  9:55 pm (GMT)
UPDATE : BTC is down about 30% from the time I posted this, some moon boys probably did not like what i said, some said TA is B.S . but if even 1 person took my analysis seriously and benefited from this i am glad enough.

currently btc is trading at  3940$ on binance .

we will see some relief from here, but most likely only a bear flag that will only bring another dip.

my strategy is to buy into this market slowly as the bull run could happen any time, but major buys will be around 2900-3100$ .  i might increase my buying postion at 3500$ area if i see some good price action.


as i mentioned in one of the comments, the only way for BTC to really be in a bull market is with a daily close above 7500$ with some huge volume, aside from that any surge is nothing but a good chance to short.

Sorry to hear about what happened to you.

but to be honest these guys are smart, i mean who would have though of cloning a whole forum i even spoke to the devil and he confirmed it was not his idea !, change a single letter in the url/domain, make a complete thread with all different types of member ranks , questions, answers . this is so much effort spent , much more effort than the old school of "send 0.1 btc to receive 0.5 btc".

thanks for sharing this , nice catch.

I do not think you need to use the SDcard method. as long as power didn't cut during the flush.

you just need to perform a different reset method. which is using the IP report.

1- Turn the miner on

2- Hold the IP reported for 5 secs

3- Power the miner off (while keeping the IP-report button pressed)

4- Power on ( while still keeping the ip-report pressed)

5- allow up to 30 mins and then look on your router dhcp leases. and it should show there.

some times you need to off and on again after step 5.

let's know how it goes.

Craig is sick and needs immediate care , really.  while promoting for his bitcoin cash SV (shit version) he brings up all kind of fud and bullshit about dumping BTC for hashing power , then goes about flaws in SegWit that he will reveal next year on twitter , a few days later while is he losing the hash-war he signs a valid signature for Satoshi’s key from block no 9 telling the same bullshit about SegWit, without revealing  the actual preimage for the hash of that message, thinking that everyone is so stupid to take this signature for a proof that he is Satoshi.

all he does is spread fud/rumors that suit his interest, if he suddenly changes his mind and invest deeply in BTC you will see all kind of new behavior talking about how BTC is going to 1 million in 2 weeks.

Do not panic, BTC has some of the world best programmers/coders/developers on it's side. if anything was that bad , they would have fixed it long before Craig sees it in his dreams. 

BTC could very possibly go to 2500-3000$ but not because the EXPERTS said so. if the experts know this much why haven't they bough BTC for 1$ and sold at ATH? they would have been so busy spending the money they made rather than posting some bullshit online.

I disagree with this theory of hardware companies use their machines before selling them. unless you mean " using their own , keeping their own" and after wards sell " other machines of same specs" that COULD make sense.  but there is noway they could mine with an ASIC and then pack it, and sell it as a brand new.

if you have ordered any ASICs from bitmain "for example" you could tell by

 1- how clean they are: I randomly disassemble my gears and they all look 100% dust-free.  the cost and time needed to bring it back to this state after even as low as 1 day of mining is amazingly high. try it out, it just will not work. a brand new device is a brand new device.  

 2- the smell of the "never used"electronics. if you have enough experience dealing with electronics you can really SMELL and FEEL something that has never been powered up, not even for testing.

of course there could be some exceptions of some ASICs they used/tested and then sold as a brand-new but this is minimal and most people who support this claim against hardware companies are people who lost money investing in something they do not understand and will do/say anything to make themselves feel better. not defending any ASIC manufacturer just stating facts    

aside from that I agree with your concepts. very nice paper and good job.

oh i almost forgot ,what do you mean by