No one is pointing towards a double bottom here reflecting the "first bubble" in 2013 at around $250. I think that's still on the table until we go below -.5 BETI. We bounced back at around -.4 correct?
I don't know much about fractals except they seem to work sometimes...
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Good to see some progress.
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"masterluc" account had been compromised. Do not trust it.
Thanks for all the analysis over the years!
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In order for the community to understand correctly, it is worthwhile to place thoughts on the current situation.
Volumes do not grow when falling. So while falling from ATN is considered a correction in the form of a bull flag or a pennant or something else.
Critical, I think the level of the beginning of the previous bottom, about 7700. Well, in general, closing in the negative zone of the weekly BB. While we close in the positive zone - everything is good from the bullish point of view. Anyone know what he's saying? What does weekly BB and ATN stand for? BB = Bollinger Band ; ATN = ATH on Russian Keyboard ))) Anyone translate the latest comment?
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New post, master says to buy anything 10k and under before the train takes off. This is the last week.
Do you have a link to this forum? https://vk.com/bitcoin_vangaThank you, I still don't understand how he does to be so right all the time He has a website that details his methods if you want to learn. Looks very complicated, like advanced calculus combined with finance. https://btctrading.wordpress.com/technical-background/How do you know this is Masterluc's blog? I've never seen this before
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Confirmed?
I'm looking for the daily to close above $16k first I'm back long, with a small short in XRP for fun
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Confirmed?
I'm looking for the daily to close above $16k first
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Interesting count - I'm looking for a breakdown in XRP/ADA/etc. before we see this happen. A rush for the exits could fundamentally make this a reality in such a short time period.
Chessnut, do you publish these charts on Tradingview? Can't seem to find anything updated on your profile.
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Monero at $777 on 1 March 2018.
January 22 2018 1:03 EST
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consistent xmr BUY on bisq.io in the last days at 5% more than market price. Seems to be the same entity accumulating (there are no corresponding SELL(s)) . I count 2M USD for the last two days' BUY(s) alone of approximately the same amount range (50 - 55 XMR) each. https://imgur.com/a/7riczinsider information? That's one possibility. However, given bitcoin's fungibility problem, bisq.io is ideal for dumping dirty coins on an unsuspecting user. Almost certainly some variety of this. Not necessarily nefarious , but someone who wants to stay under the radar for sure.
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Due for a correction up imo. I believe that many smart traders will move a portion of their ETH/LTC gains into Monero after these big moves cool.
(That's what I'm doing)
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It's looking like this bubble might pop soon.
Took a minute for the picture to load, I was like, has Elwar lost his mind?!
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im holding my breath until 35k - after that i gonna short like a mofo. Profit take? Yes. Short? Are you insane?!
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Started reading wondering where this was going.....aww it's kwuk
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you literally get your commodity delivered in your front yard Only in the movies. What actually happens is you have an interest in the commodity stored in a warehouse (for which you must pay storage fees) assigned to you. of which ~25% is allocated to alternative investments. 'Alternative investments' here includes investment in productive (or at least income-generating) assets such as private equity and real estate. If you just consider hedging and store-of-value assets such as gold, commodities, etc. it is much less than 25% but still significant. That's the segment where most if not all crypto fits. You're right - but once we include endowments, private pensions, family offices, etc. and all of their appetite for hedging assets, the actual number doesn't matter much right now. It's high.
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what do u guys think of the bitcoin futures that will be released tomorrow? this could push the bitcoin price lower yes?
It could do either but the pundits are saying higher then it will massive crash. As usual who knows, we all know crypto is lighning markets verses stock and securities so bear that in mind. Trading derivatives logically does not and can not have any direct influence on the price of the underlying asset the derivative is derived from. The asset price makes all the difference on the derivative trading but not the other way around, the asset's price discovery mechanism doesn't know anything about some derivatives. What can and does happen, though, is someone trading the derivatives and (if big enough) simultaneously the spot in an effort to push the price in their (derivatives trading) favor. But the big money could have been trading on the spot already for years, there is no change going to happen in that aspect tomorrow. They will just have a new possibility to trade futures and thus potentially make money twice, which in effect may lead to a more intensive spot trading and thus affecting the asset price. Not 100% sure I agree with your second paragraph. While you're right, institutions already could have been trading spot to move prices in their favor, but now they have a vehicle that is legal/legitimate to include in a public/FINRA registered fund in the US. I'm of the mind that this will definitely increase volumes of the underlying asset, and most probably be bullish long term for price. Think of this trade: Pension Fund with a prospectus that ONLY allows them to trade in products as a part of NYSE/NASDAQ/CBOE. This fund could take a long (or short) position in Bitcoin futures, and then manipulate spot through another vehicle. Sure they could manipulate before, but now a 5% move in the underlying asset could literally mean tens of millions in overall fund profit. They did not have an ability to take that large a position in BTC previously, due to the funds being earmarked for "legit securities". This will certainly create more volume, and probably volatility in both directions. I call this action probably bullish simply because there is much more USD (read: infinite) out there to long than there is Bitcoin to short. There is $3.6 TRILLION in pension fund money alone in the US, of which ~25% is allocated to alternative investments. Think about those numbers for a second and then compare to BTC market cap. I wouldn't be caught dead recommending my fund try to short Bitcoin futures, the downside is literally infinite. Edit: Monero thread - What's good for BTC is good for Monero as the technically superior coin at this stage of crypto evolution. I trade with my BTC, my Monero cold storage only grows over time
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🐸 $0.08 🐸
Incredible rally
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What is BETI 2.5?
Conclusion, possibly 50k+ in 4 weeks, that leaves two full years to have an adjustment and then get to $1 million.
You mean something like this? I’m expecting something similar, but man when you actually draw it out...insanity
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Yup - TokenExchange likely has some mention of what's going on as well. Anyone there?
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Edit: Answered my own question. Did this also accomplish Shopify integration? Pardon me for asking this question before fully reading through that mini site they set up. Either way, good news!
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