Good luck enforcing the laws. Someone in US can just buy BTCs with a VPN, or mine them. If you want to stay illegal there is still plenty of ways to do it I think. [Edit]: I can't wait to see them chasing teenagers for taxes, will be fun
|
|
|
Dips are not what they used to be anymore
|
|
|
brace brace pull the oxygen masks
(was about time, this never ending run was concerning me)
|
|
|
just read the best confirmed sources and look at the charts.
Fancy listing some of the 'best confirmed sources'?
|
|
|
...Frankly I am scared, its going full vertical. But adoption is increasing more than ever so really not sure what to think
|
|
|
Hoily crap he changed the chart...
Has he, though? It looks to me like it is just zoomed out to show the larger historical wave count. In his previous charts, he predicted Wave 3 would approach $40,000-110,000. It looks to me like his pitchfork is targeting ~ $100k, which makes sense once we account for time. So its a run up to about $70k, a pause and then back to higher grounds beginning of 2019. Seems plausible.
It could be $70k, which is right in the middle of his previous target range. But at that log scale, the difference between $70k and $100k is miniscule. That could be a matter of one week's price movement by that point. It's crazy how fast price moves once it enters a parabolic uptrend! What I am finding scary is that after the 70k from my understanding we will enter in a fairly long bear period... I hope we can get out soon enough or its bad news. I sure will be happy if we reach 70k tho
|
|
|
Holy crap he changed the chart...
|
|
|
OBVIOUSLY, IT SHOULD BE CLEAR AS DAY THAT BTC HAS LEGS .. ANYONE THINK IT CAN REALISTICALLY HIT THE 50K MARK WITHIN A YEAR? OR IS THIS A BUBBLE READY TO BURST? WHERE DO YOU SEE IT SITTING SUMMER OF 2018?
SPEAK ON IT
Seriously dude, what the fuck is your problem with caps lock. You think this topic is so great that deserves its own caps lock section?
|
|
|
In the meantime bitconnect gives us really that dotcom crappy bubble feeling by scrapping the bottom with these videos... https://youtu.be/gKezlAUtHlAI need to bleach my eyes now to unsee it holy shit >>> the scary part is what if they are actually legit? ~thats my worst nightmare ha ,,,can you get me inside? :-D I suspect many will be crying there, but again who am I to judge, I didn't try bitconnect (nor plan to)! I think one BTC and you can party with them
|
|
|
In the meantime bitconnect gives us really that dotcom crappy bubble feeling by scrapping the bottom with these videos... https://youtu.be/gKezlAUtHlAI need to bleach my eyes now to unsee it
|
|
|
You will get 10 btd for each btc - if it stays at 89 it is awesome!
|
|
|
Seriously BTC! 3 weeks from 5k$ to 9900$, 1 week from 9950 to 10000
|
|
|
Look at monthly RSI, it's well over 93%.
Only 3 times so far we got over 95. Each and every time we were into a bubble just about to burst.
You're not wrong to be cautious here. But let me ask you a question. Suppose those hedge funds planning to invest in futures through the CME, and even Wallstreet whale traders, know for a fact that the Bitcoin price will soar higher in the coming years want to get out in front of it by buying loads of Bitcoin directly now. Would they be able to disguise that market buying pressure? I think not. Is that what we are seeing with this rally then? Possibly. Could we still see a big short once the CME thing gets going? Possibly. Could we instead see no pullback at all? Possibly. Prepare accordingly. I agree, except "no pullback" is not an option imho. We may debate whether a correction may start from here, 10000, 12000 or whatever, but we'll get a huge correction afterwards ( 40% ? 60% ? ). Morevover usually when the bubble bursts all you get is a huge price spike that you'll hardly catch. Personally i trust that monthly indicator and from here i'll follow the simple advice: "sell greed". Still liquidating along the rise. The question here I think is not whether it will fall (I believe it will, but I am crap @ predictions), but how long it will stay down! Lately crashes do not seem to last, I think the behavior of BTC is still the same, but demand is spiking, and with holiday family discussions you bet more users will join. The minimum I can do for BTC is to hodl during a fall to 6 or 5k, given that it was the price of a few weeks ago
|
|
|
Hey, Bitcoin Optimism Chart.
You are genius - next prediction please?
thankyou. the long term chart says $12000 before the new year. Happy days Do you do this with TA? If so I guess I better re-evaluate my position on the topic...
|
|
|
Guys, do you think my urge to buy ethereum is just fomo and that eth will crash for a while or I should buy it now? Any suggestions?
|
|
|
You cant have a move without corrections. Even if bitcoin drops to like 5k, so what? Thats still 5k! 3k? Thats still 3k money, 1k? So? Buy back.
You better buy back bch at that point because its easy to tell who will rise with the 5k BTC lost...
|
|
|
Because of this, I think there is inspiration for people to continue buying or holding even at 10k. With that in mind, it's much more likely that we'll see a continuous steady growth rather than a drop off at 10k.
Hopefully not much longer before we see what will happen At this point we're up +700% and the year isn't even over, and yet people aren't satisfied. It's likely that they have entered the market close to current levels, which would explain why they can't get satisfied.
It's because it is not 2011 anymore and you have 2 well capped currencies that are trying to bite BTC's ass. Far away for now, but we can't afford a 50% dip anymore, BTC needs to have enough critical mass to blow them out of the world
|
|
|
I am just wondering if there will be a 10k selloff or if it will eat straight through it, unlike sub 5k levels, BTC has become a lot more tame - slow but steady
|
|
|
|