A good practical example is: Your wife bakes buns but instead of putting sugar she puts salt, you just praise her how well she baked and how delicious it is.  I know, easier said than done.  Lying is not the path to follow, even if it is only a white lie. It will lead you to a place where you don't trust each other and in the end to a place where you don't trust yourself. |
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I'm about your age Risto. I was married. Now divorced for 2 years. Marriage has it's benefits but personally I feel those benefits are mostly for the children. Which in itself is a very important factor but it also has very negative impact for children if there is a lot of visible arguments and bad energy imo.
For me personally I felt marriage was a bit like a jail. Not at all in the sense that you can't peruse other women but more on an every day basis. Nagging, trying to control each other etc. Now I feel much happier and it's like a part of me is alive again that was dead before.
Imo society puts to much weight on marriage. People should learn to love themselves before spending there lives with someone else.
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Been following you there for a few months. Absolutely love the google translations that make your posts into semi incomprehensive gibrish LOL I'm sure he doesn't use google translate. English is widespread in Russia as a second or third language. I think he has a mystique he wants to carry on. No he uses Russian. I use google translate because my Russian is limited to da and babooshka |
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Been following you there for a few months. Absolutely love the google translations that make your posts into semi incomprehensive gibrish |
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So RyNinDaCleM thinks we are going to $50ish in 2017. Fun that's gonna be
Seems like whatever he was showing there has been invalidated by price action since. No accordimg to him it's a abc correction. As long the end of wave b is lower than beginning of a it's still in play. So we basically have to break ath to invalidate it. It's actually still technically in play even with an ath break. B wave can and often does make a new price extreme. RyNinDaCleM I know you don't agree with masterluc on that we are now on major wave 3. As far as I understand it's mostly due to the fact that masterluc ignored data from MtGox in the early days. How big of an error do you think this is? Why don't you think masterluc has any concerns with it? |
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So RyNinDaCleM thinks we are going to $50ish in 2017. Fun that's gonna be
Seems like whatever he was showing there has been invalidated by price action since. No accordimg to him it's a abc correction. As long the end of wave b is lower than beginning of a it's still in play. So we basically have to break ath to invalidate it. |
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So RyNinDaCleM thinks we are going to $50ish in 2017. Fun that's gonna be
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I read that earlier today. He doesn't say he's net short. Just that he is taking profits. Perfectly natural thing to do atm.
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LOl! Classic *bullish* banana pattern The Banana is always bullish. It's when the market goes bananas with euphoria. The bearish alternative is known as the flaccid cock... fast curve which ends in a straight down trajectory. Still bearish, RyNinDaCleM?  In a longer term (months) outlook, yes, or at least I still don't believe this to be "The bull that takes us to $40k". Really though, I have done very little chart watching or BTC trading in the last 3 or 4 months. Mainly just holding out for 850+ where I will then reassess to see if my thoughts change there. What the real options here are: *If this is luc's mega cycle III, this should be so much more organized than it is. Very clear impulses and a clear and consistent rise in volume during the advances up. Volume is okay, but it's still not consistent enough. *If this is my 5 of III where 1200 was 3 of III, then this is going pretty much exactly as it should. Indecisive and difficult to make headway until further major levels are broken. *Then there is my main count. The one where $152 was only A of a large ABC correction to the 5 year wave-1. The rise since the lows still doesn't scream impulse. Broken rules in Luc's count, triangles that don't belong, and even hugely disproportionate movements (mainly in the corrections based on time) that make this always look like a B wave in that it has very little actual conviction except in the two pumps that were short in comparison to the time spent since the lows. Interesting. So if we are still in your 5year wave-1 we are to expect a downward wave-2 and then later a larger wave-3 that could finally take us to the moon? Is this correct? I checked some of your older posts on tradingview many have turned out wrong and some have kind of been correct. Perhaps one shouldn't put to much confidence in EW after all. I have to give it to luc though. His EW analysis has been very correct since many years back. So if I'd had to choose I'd go with him.fool. you are out of your depth. How dare you show disrespect. Lol! Fool. You dont know what you talking about You are right. I should just stop fooling around.. |
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LOl! Classic *bullish* banana pattern The Banana is always bullish. It's when the market goes bananas with euphoria. The bearish alternative is known as the flaccid cock... fast curve which ends in a straight down trajectory. Still bearish, RyNinDaCleM? In a longer term (months) outlook, yes, or at least I still don't believe this to be "The bull that takes us to $40k". Really though, I have done very little chart watching or BTC trading in the last 3 or 4 months. Mainly just holding out for 850+ where I will then reassess to see if my thoughts change there. What the real options here are: *If this is luc's mega cycle III, this should be so much more organized than it is. Very clear impulses and a clear and consistent rise in volume during the advances up. Volume is okay, but it's still not consistent enough. *If this is my 5 of III where 1200 was 3 of III, then this is going pretty much exactly as it should. Indecisive and difficult to make headway until further major levels are broken. *Then there is my main count. The one where $152 was only A of a large ABC correction to the 5 year wave-1. The rise since the lows still doesn't scream impulse. Broken rules in Luc's count, triangles that don't belong, and even hugely disproportionate movements (mainly in the corrections based on time) that make this always look like a B wave in that it has very little actual conviction except in the two pumps that were short in comparison to the time spent since the lows. Interesting. So if we are still in your 5year wave-1 we are to expect a downward wave-2 and then later a larger wave-3 that could finally take us to the moon? Is this correct? I checked some of your older posts on tradingview many have turned out wrong and some have kind of been correct. Perhaps one shouldn't put to much confidence in EW after all. I have to give it to luc though. His EW analysis has been very correct since many years back. So if I'd had to choose I'd go with him. |
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Thanks. Seems interesting. Will try and sit down tomorrow and really read through it. Right now I'm not really grasping it at first glance. R |
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Iamnotback, what is your take on what exchange to follow. Chinese exchanges have broken out of the C&H formation but western exchanges (in USD) haven't yet it seems. Do you think we should just follow the price in CNY since they might be the ones actually driving the adoption atm?
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Nice to see XMR strength. Even my "short" is underwater (of course I would never short) I still advice caution because the upside is so limited. The 0.01 area will either 1) be breached, in which case it will certainly be revisited 2) be reached, in which case you can just nibble in 3) be bounced, sending us back to 0.0058 or worse. So even if I am regarding 1)&2) to have much higher probability now than a new low (in a 2-week timeframe), it still makes more sense to wait than buy just now. And why is everyone suspicious of my personal agenda?  It all depends what the king (btc) does |
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I don't believe it'll drop below $600 again before a new ATH next year, chinese fud doesn't seem to be working.
I agree. I lean towards it not falling below $650 again before a new ATH. I think Coindesk got it not quite correct because they don't understand the theme of dollar short contagion: www.coindesk.com/bitcoin-traders-believe-trump-win-trigger-price-boost/Bitcoin seems to be on the receiving end of the lurch to dollar inflows into the USA (as the massive global dollar short unravels due to Trump) because the instability in the rest of the world as the dollar short contagion spreads and accelerates. Bitcoin is a safe haven asset and also speculative, so it is more aligned with the USA stock market in this context than gold. After 2018 or so, gold and Bitcoin will align, and the dollar may turn down relative to "get off the grid" assets. USA stocks will likely peak also as the China craters into its 2020 bottom and Europe falls of the rails for its multi-decade decline into a 3rd world clusterfuck. Thanks for clarifying. So bitcoin long for a few years. I like that prediction. With corrections along the way when overbought. (Wildcard is the Bitcoin killer altcoin, lol) You speculated before the election that Trump could be the elite's choice and that they would blame him for an economic melt down. How do you see this playing out now that he actually got elected? That very much resonated with me I'm just not clearly seeing how the economy will tank now that they got a president who actually understands some of the underlying problems. |
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I don't believe it'll drop below $600 again before a new ATH next year, chinese fud doesn't seem to be working.
I agree. I lean towards it not falling below $650 again before a new ATH. I think Coindesk got it not quite correct because they don't understand the theme of dollar short contagion: www.coindesk.com/bitcoin-traders-believe-trump-win-trigger-price-boost/Bitcoin seems to be on the receiving end of the lurch to dollar inflows into the USA (as the massive global dollar short unravels due to Trump) because the instability in the rest of the world as the dollar short contagion spreads and accelerates. Bitcoin is a safe haven asset and also speculative, so it is more aligned with the USA stock market in this context than gold. After 2018 or so, gold and Bitcoin will align, and the dollar may turn down relative to "get off the grid" assets. USA stocks will likely peak also as the China craters into its 2020 bottom and Europe falls of the rails for its multi-decade decline into a 3rd world clusterfuck. Thanks for clarifying. So bitcoin long for a few years. I like that prediction. |
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I would like to talk about the dollar though. It lost 3+% in comparions to other strong currencies mainly yen, chf, euro etc.
Will the dollar rebound and rally to new highs in the coming future?
USA stocks, US dollar going up, gold going down as has always been the official predicted trend since roughly 2015.75 (although it started mid-2011ish in most respects as Armstrong had stated in Barrons magazine before mid-2011). Prepare for that trend to resume and accelerate: Markets – When the Dust Settles
The Euro soared to 113 and then crashed and burned to the 109 level. The Dow exceeded yesterday’s high but has not penetrated the previous day’s low. Gold had its reaction up to 1340 and fell back under 1300. Let’s get this much straight. Our computer is NOT showing a major change in trend because of the election. We have warned this is not the case and at the end of the day, fundamentally, Trump will be far more bullish for the US economy that war and more taxes from Hillary.
This is more of a Reagan Moment. Ronald Reagan was the outsider every and the “establishment” in Washington resisted him. This will play-out the same. So let everything calm down. There appears to be no major change in trend at hand. If Trump gets the 15% corporate tax rate in, then look for the dollar to soar and almost $3 trillion come homes.
What about bitcoin? Does it follow gold down? |
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guys let's not reduce the quality of this thread speculating without qualitative/quantitative arguments.
you see the funny thing is that there are actually two predictions of Luc out there. One says a giant triangle until next summer and the other says big move started that will bring us beyong ATH. So no matter what, the believers in this thread will hail Luc whatever happens, if we bounce of 750$ and go 500$ he was spot on, if we pass 750$ and go 1000$ he will be seen as spot on too.  I cant remember seeing the latter one. Can you post a link please? Thanks. Not really his EW based prediction though right? He just posted someones chart. Im pretty sure that's his chart |
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