Desperate BTC holders offload for XMR - this may get interesting! Too bad I have no funds at Polo  |
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A shit load of hidden buy walls there... 10k volume ad the price is down only for 4$.
Curious to see if they are margin called how they will hide again  |
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Holy dump!   |
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BTC did not move up much with gold's move up to $1117. Gold paused and BTC made a lower low (relative to recent). It appears BTC does not want to rally with gold. Thus is looking very weak.
Satoshi even spoke out on Aug 15 about the danger of GavinCoin. (Either the real Satoshi posted or someone with enough hacking skills or influence posted from his former email account, thus either way someone is expending precious resource to make a point about how serious this is)
I am not sure what to make of all this, except that overall gold and BTC are correlated and that both are headed for extreme lows by Spring 2016 (based on Armstrong's gold low prediction).
I see support and people ready to catch the falling knife but I struggle to see big money willing to buy at 300+. The previous bubbles happened without the advanced trading products (margin, futures, options etc) that enabled since almost 1.5 years now the market to mature into a real one (and not a pump & crash type of investment). It will be VERY difficult to see the kind of rallies we were used to. Add to this the obvious technological limitations of Bitcoin (fundamental analysis) that are now obvious to every well educated investor and I think that the 'Moon' crowd will get smaller & smaller with time. It's only hope IMO is (as you say) TPTB deliberataly making it the new tool for mass surveilance & control mechanism, thus exploding it's price so everyone will 'bite'... I see too a double bottom (165$) or lower at spring 2016. |
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Going back to 2$ box:  We see a nice double bottom formed again. If this (262) holds and gives a breakout (274$) could be a very positive sign. In this chart, we previously did that at 240 and 254. At 260 we will break south... |
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IF we bounce on the bullish support it is usually a big move - like a tennis ball hiting a wall. So the triple top breakout is almost guaranteed providing extra fuel to the rocket. What can be more bullish? This:  Not so long ago bullish catapult was wrong... Bulish catapult did NOT form - it was possible TO form... Seems to me that you guys figure out what's going to happen half of the time, and half of the time you're wrong. I've been following this and other speculation threads were a consensus forms on what will happen next and the predictions are wrong just as much as they are correct. Which reminds me of weather forecasts.
What I speculate <> on what the chart say - the chart is clear since the triple bottom break. SELL/SHORT. It confirmed again the bearish scenario when it broke the bullish resistance while forming the triple bottom break to an even stronger catapult. BEAR trend again!!!  Both in HL AND CLOSE. No longs. Short the resistances. Maybe short some double bottom breaks. Close shorts at double top breaks.Sub 200s? What do you not understand? This is what PnF tells you. The rest was SPECULATION from my side (probably I was wrong - deep inside me I am still a foolish permabull). P&F signals are clear because are a posteriori. This is a momentum method. Go and do some research mate.. |
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Had a couple of beers, I sense that my posts are getting more arrogant.
During a very famous moment, Krishnamurti asked the audience if they wanted to know his secret. The lecture hall went silent, and everyone leaned forward.
“You see,” he said, “I don’t give a shit.”
Φάρμακα (Drugs) - Heraclitus |
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kLee you are fucking amazing. Who informed you about that? Thanks! Twitter! Ok, while I think it's great that "Satoshi" has resurfaced to fight the Gavinistas, I do think that the hard limit must indeed increase (perhaps to 2mb, maybe in a few years it could go higher?) But the 101 proposal of doubling every couple years is pure insanity. This is not just a ledger that might exist on a few select locations around the world. This is a ledger that should exist on every computer around the world. The best security or guarantee of authentic transactions is when as many as possible can hold and parse the full Blockchain. This will not happen if you just double by arbitrary rule instead of calculated increases decided by need.Technically speaking I have NO opinion on the block size. I just know when I see assholes (Mike + Gavin). But they are our assholes. Not my assholes, those two stink to high heaven. Hearn lost any trust of mine as soon as he began advocating for breaking fungibility. Gavin, I think, was a nice guy, but he's been compromised and can't be trusted either. I don't care, I want gigantic blocks. TPTB please give us NANOblocks  |
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I dont understand last post you said we were going up and now you say bearish catapult breakdown. Brag about what ?  Explain please! Brag about the clear signals PnF patterns give. Even me is still falling into bad habbits of the past and haven't shorted this shit because I thought it was just a bad parenthesis... Supply & Demand my friend, as simple as this. i agree pnf is more accurate than i thought it was, but wasnt that dump just finex dumping its nyc customer funds? I think it was the 'Satoshi' mail... EDIT: You see news does not matter point is if a market is bullish or bearish, we don't care why. The chart says what it is. If it was 'really' bullish this mail would be ignored (and maybe it will be). |
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kLee you are fucking amazing. Who informed you about that? Thanks! Twitter! Ok, while I think it's great that "Satoshi" has resurfaced to fight the Gavinistas, I do think that the hard limit must indeed increase (perhaps to 2mb, maybe in a few years it could go higher?) But the 101 proposal of doubling every couple years is pure insanity. This is not just a ledger that might exist on a few select locations around the world. This is a ledger that should exist on every computer around the world. The best security or guarantee of authentic transactions is when as many as possible can hold and parse the full Blockchain. This will not happen if you just double by arbitrary rule instead of calculated increases decided by need.Technically speaking I have NO opinion on the block size. I just know when I see assholes (Mike + Gavin). But they are our assholes. I know, that's why we should be short until they are gone... |
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I dont understand last post you said we were going up and now you say bearish catapult breakdown. Brag about what ? Explain please! Brag about the clear signals PnF patterns give. Even me is still falling into bad habbits of the past and haven't shorted this shit because I thought it was just a bad parenthesis... Supply & Demand my friend, as simple as this. |
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kLee you are fucking amazing. Who informed you about that? Thanks! Twitter! Ok, while I think it's great that "Satoshi" has resurfaced to fight the Gavinistas, I do think that the hard limit must indeed increase (perhaps to 2mb, maybe in a few years it could go higher?) But the 101 proposal of doubling every couple years is pure insanity. This is not just a ledger that might exist on a few select locations around the world. This is a ledger that should exist on every computer around the world. The best security or guarantee of authentic transactions is when as many as possible can hold and parse the full Blockchain. This will not happen if you just double by arbitrary rule instead of calculated increases decided by need.Technically speaking I have NO opinion on the block size. I just know when I see assholes (Mike + Gavin). |
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Hello,
As the fork happened & Satoshi talked about it, what do you think about future ?
I feel pessimist unless the community re-union again after it has been divided.
IMO he is not Satoshi but Gavin & Mike are f@ckin systemic conformist ass lickers anyway... I thought this as well and you are completely right in what you said. but as experienced user Klee, what do you think about the future ? Side note : Could you elaborate more about your last post in the PnF thread please, if you could add a chart, it will help novice people like me to understand faster. Thanks my friend  It is pretty much fucked IMO. Not a chance breaking 300 again in the near future. Will be a long cold winter again... Last P&F post means that P&F patterns are the one to watch - they are more solid & trustworthy. And the last pattern is bearish as fuck. |
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Bitcoin collapsing. Stupidity up. Your ass up! |
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Bitcoin or Bitcoin XT? The 2nd will be fraction of a cent...
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Hello,
As the fork happened & Satoshi talked about it, what do you think about future ?
I feel pessimist unless the community re-union again after it has been divided.
IMO he is not Satoshi but Gavin & Mike are f@ckin systemic conformist ass lickers anyway... |
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kLee you are fucking amazing. Who informed you about that? Thanks! Twitter! |
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