It already did, was in January.
Nope, we never made it below $3000. The bottom was made last December in the $3100s. Will Bitcoin cross 3K USD this year? Yes! Absolutely! This sure brings me back to the old days.  Anyway this is a bear trap, guys. Masterluc said months ago we would test the $6000s as support after the first leg of the bull market was over. That's exactly what's happening now. |
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I never thought I'd see a group of people more gullible and pathetic than the BSV crowd but, WOW. "There's hardly any reachable nodes on the network but secretly everybody is running SATOSHI'S IMMUTABLE 0.5.3 PROTOCOL and is waiting to hard fork to our secret shitcoin and dump their Core shitcoins!" Right........ lol. You fuckin short bus morons.
"But but the power-law distribution, and Segwit booty, and I personally know people who are just aching to dump all their Core shitcoins!!!!" Sounds really compelling lololol. You should start a Youtube channel from your parent's basement, we're all dying to see how far your conspiracy theories have gotten you in life!
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I'll take $6,000. Good luck everyone, and thanks micgoossens!  |
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A nasty situation, indeed. That kind of selloff is usually reserved for bubble tops!
What's the consensus here? Support at $3,000? Lower?
Biggest volume we've seen in months, but still not like February. Still waiting for the selling climax, I guess.
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I'm sensing a head fake coming before the real breakout occurs.
It's hard to believe we could be heading into another bull run so soon, but if the master says so, I won't write it off!
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Anything from Masterluc, lately?
Looking forward to breaking this range. I guess with today's $1,100+ dump, we're clearly not breaking out to the upside. Last I heard, he said $6K-7K was base, a range for bullish accumulation. Is that still his position?
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$13500 |
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Anyone heard from masterluc?
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I was thinking that states can just in one moment (if they agree on world level), start to cut off energy sources for big miners - they just can not work without power. Of course they can not completely shut down all, there are some countries which always play their own rules. Some might have called it a conspiracy theory, but if governments ever want to control BTC they will go for mining control. I think that's a very big "if." Competition among nation-stations, I think, is one of the reasons Bitcoin can't be stopped. |
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We're in a triangle, coming off a downtrend. That's usually bearish. Then again, Bitcoin loves to break upward from "bear" triangles.
I'd wait for a significant pivot break in either direction to establish a trend. This could go either way.
Bitcoin price is never determined by these kind of analysis. The most important factor is news and rumors and these factors are all ignored in these analysis. They don't work. That's the dumbest thing I've ever heard. If you don't understand how to trade a broken range, you've probably never successfully traded anything before. Stick to hodling, because "trading the news" is a great way to buy the top and sell the bottom. News only matters under specific supply/demand conditions. All that matters is how many investors/traders are on the wrong side of the trade when the range breaks. They are the fuel for a rally or downtrend. Everything else is just noise or long term underlying fundamentals that don't affect short term price action. |
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We're in a triangle, coming off a downtrend. That's usually bearish. Then again, Bitcoin loves to break upward from "bear" triangles.
I'd wait for a significant pivot break in either direction to establish a trend. This could go either way.
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Seems like we could get a legit bounce from the look of the hourly. Coincides with the 50MA tap on the daily too. All in all, the higher time frames look like shit though. I'm preparing for a hibernation period.
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You don't. for example: a cute little troll is posting around the forum asking for help. nobody is helping this annoying little troll. <insert a broken heart here>.
Trolls aren't cute and nobody loves them. Not true, back when I was like 5, I loved my trolls: https://en.wikipedia.org/wiki/Troll_dollThey're cute in an ugly sort of way.  |
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I'm really excited for the Electrum wallet. Can we expect it to be released this year? |
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Man Bitpay is totally boning us now. I'm getting transactions confirmed at 1 satoshi/byte and these fuckers are charging me over 0.0001 on a "network fee". That's like 70x what I'm paying in fees. :rageface:
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I guess the master is bullish, then? Based on that wedge? At least for a solid bounce I assume. Has he stopped posting charts entirely? |
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Also, there's rumor that BitPay do this to make Bitcoin looks inferior to altcoin  Definitely. It's as clear as day. The "network fee" they added is total bullshit. Their customers are already paying a miner fee. And the way they display it now (BTC network fee: $0.xx, BCH network fee: $0.00) is obviously plugging BCH. They're charging customers the cost to sweep transactions for BTC, but not BCH. |
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What are the masternode specs for BSD? Like required number of coins and % of mining rewards. How stable is the number of masternodes on the network?
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Wow, haven't seen a move that strong in a while! Blew right threw the last two local highs. I've been waiting for you bears to suffer. Your time has finally come!  $700 1H candle here, what is this sorcery?! Edit: $1000 1H candle  |
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Not sure about anyone else, but I buy in the dip and then it dips further! Is it best to just stay out and accept that it's all too difficult at this time?
Yes, the market is extremely weak right now. If you're looking to buy, it's a good time to sit on the sidelines and wait for an obvious technical setup. This is not a bull market anymore; it's a correction/consolidation or bear market. Don't get married to losing positions and don't catch knives. Wait for signs of seller exhaustion and accumulation. |
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