masterluc new comment: (2/6/20)

Trade closed: target reached: The target of local short-term triangle is above $11000. Which will trigger break of long term resistance line at around $10000. And this will trigger break of giant long term triangle with target well above all time high.

This is a start of long term bull run. It probably will take around 4 years. After that world will see 10 years of bearish activity.

masterluc May 29 comment : All right, price doesn't respect short term trend line. I see it likes triangles now. Okay. Hit or miss. Resolution is close.

MasterLuc May 17 : Just dropping some stones into short term bearish pan. Hidden bearish divergences on daily chart.

New comments from Masterluc - https://www.tradingview.com/chart/BTCUSD/iNSP9waV-Historical-IV-almost-completed/
May 12 : Happy halvening and as I said earlier, price doesn't give a fuck about this event.
May 14 : Updating aka Cpt Obvious. Short-term bullish trend. Breaking this trend down will likely send price back to 5500 support. In other side if price following this trend break up long term descending trend line, we will likely see new ATH.

New comment from masterluc -
May 8: In a case of new higher high (higher than 13 Feb 2020 ~ $10500) any bearish scenario will be invalidated.

masterluc just update that post, scroll down a bit

@Millionero
https://www.tradingview.com/chart/BTCUSD/iNSP9waV-Historical-IV-almost-completed/

New comment from masterluc:
Apr 30: Daily SMA 200 revisited and broken up with healthy long green daily candle. I am now waiting uptrend line (@10000) to be broken to return midterm absolutely bullish bias.
Unless that I keep in mind "Bearish outcome" related idea because of last very painful dip.

New comments from MasterLuc:
Mar 20: This should bounce up now from weekly sma 200 (~5200) up to daily sma 200 (~8500). This is normal in both bearish and bullish counts.
I personally do not like tails left below triangle by panic sell. This could be either real bear trap before my green counts or bear hints before red counts.
Red and green counts now have equal probability for me.
I remind, red will just delay big bull run by one-two years in my vision. While green one may start bull run in few months.
Apt 3: Bounce up is on track. However daily ma200 is on 8000 now.
Giant triangle approaches resolution soon. Price will either break up ma200 and upper triangle line or bounce down from ma200 and go to hell

True, if you believe Bitcoin can appreciate 10x in near term. I assume Bitcoin appreciate 10% yearly, 5% withdrawal rate and 5% inflation rate

To OP question, 800-1000BTC and learn a few tricks from Jacob of ERE(http://earlyretirementextreme.com/) then you can retire

1000BTC is enough even for now, 5% withdrawal rate give you 30k yearly expense. 5% yearly appreciation rate for Bitcoin is very conservative. In 5-6 years, I think we only need 100BTC.

I also made deposit to BTCC through bank transfer today. I think it still available until 10 May.

Hi OP, would you explore the reason behind the fact that I can still deposit Yaun to Bank of China account of BTC China a few days ago. I plan to deposit more fund because of the arbitrate opportunity between BTC China and Bitstamp although the gap is closing, 2-3% a week ago and now it is only  0-1%

Hi OP, please forgive my English skill because I am not a native English speaker.
Would you please try to look at this way, when you bought coins you are actually investing into this Bitcoin community. In this community, we have different kind of person: trader, holder, entrepreneur, etc... They all provide different role for this community, trader provide liquidity, holder provide stability and entrepreneur expand this community. When someone else sold coins to you, the capital they got from you may be used to conduct further trading activity or starting a new venture. All these kind of activities make this community more mature and stronger.
In my opinion, the falling price of Bitcoin actually make more people cash out and doing some real world works to make this community even stronger but you need patience to wait and see the result. You have every right to quit from this community, the money you loss is actually a contribution to this community and make it stronger.

50% crypto-currencies, 50% other assets(mostly cash plus fund, bond, stock and PM)
For crypto-currencies, 90% Bitcoin and 10% alts(mostly Litecoin plus some Peercoin, Feathercoin and Ripple)
Re-balance when any category out of +- 5% range

Got my BTC after waiting more than 24 hours

I found my transaction in the list which indicated possible delay reason as <LT>(transaction data too large), what should I do? I think they have problem with their fee calculation logic, the fee should proportional to transaction data size instead of fixed 0.001 BTC.

Hi, I am new user of Bitfinix. Do we have any statistic about default rate of non-insured lending? Thanks.

Kudos to JWU42 for still honoring YABMC investor. Although I sold all my 4k+ shares a few months ago when ASIC start shipping, YABMC still was my best investment I have made in Bitcoin world(of cause, besides direct buying BTC). For the record, I have went through Bitcoinica, pirate@40, multiple mining bonds @GLBSE, etc.