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281
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Economy / Speculation / Re: Analysis ended
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on: June 14, 2016, 04:50:07 PM
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Hi Luc! Please tell me I'm gonna be rich.
Eh.. How does this work? Do I have to rub you or something?
rub your local bircoin atm. it works. Beercoin? |
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282
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Economy / Speculation / Re: PnF TA
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on: June 14, 2016, 12:00:37 PM
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Poor roach....  why poor? (donīt get my wrong, i am not defending him) Because I am right and he is wrong, he got slapped in the face again from ETH. The following is a scenario that might be interesting (too many coincidences):  Pretty self explanatory, can't give probability though. I just found it very interesting. |
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284
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Economy / Speculation / Re: PnF TA
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on: June 13, 2016, 04:47:26 PM
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Are you saying then that if we break 4800 again the next stop is ATH?
It will be cut like butter IMHO |
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285
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Economy / Speculation / Re: PnF TA
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on: June 13, 2016, 04:43:10 PM
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Whats the interpretation of them? Do you see the price dripping to meet the green support lines?
My interpretation is that BTC has 1 or max 2 weeks to break above 4800cny again (could happen of course), so this was a small pullback only. First very strong support is 575 area, then 540-550, then 475-520. I made more detailed analysis for my members which I would not like to say here public. Point is it has to recover fast for 2 reasons (pretty obvious ones but will not disclose them). |
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288
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Economy / Speculation / Re: PnF TA
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on: June 13, 2016, 01:08:08 PM
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Just wanted to step in and say that I'm loving the updates and the service, even though I'm currently not subscribed.
I just don't have enough time to trade too often, but I'll be happy to subscribe soon.
Cheers.
Thanks, take care! |
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290
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Economy / Speculation / Re: Block Reward Halfening 2016 ---> New ATH
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on: June 13, 2016, 11:50:40 AM
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That's nice to see, I hope it can rise like that again. Am I being stupid thinking that we could see $2000 bitcoin's as a result of the halving (a few months after).
Well I doubt it will reach 2000$ that easy - we must pass the 1000$ mental barrier and then if we manage to get to 1500$, there will be a stop sign - at that point it will be critical, either the hype will continue OR there will be a major "dump"/correction. Fast rises are not good for the stability of the coin. At the moment all that I see is a bubble forming, just like back in 2013 - the hype back then was huge, compared to now, because not so many people knew about Bitcoin. Today people are informed and they know about the halving, but they know that t he bubble will pop at some point, so they will be more careful, because no one wants to be a "bag holder". So 2000$ is a bit too much if you ask me, but ~1000$ - 1200$ on the other side is absolutely doable. 'Don't bet your ass!' - Black Belt Jones |
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292
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Economy / Speculation / Re: PnF TA
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on: June 13, 2016, 11:34:42 AM
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Plan is to buy more BTC lol  If I fail, well at least I tried  If I had your confidence about BTC undefeatability, life would be much simpler. Buy alts low, sell them high. Every time I want to sell alts high, I have to weigh in that Bitcoin's odds of survival haven't been rising; to the contrary. End of rant. Actually I am all in alts now. I should have clarified that (so in a sense I have not sold). I am bullish BTC long term (BTCUSD, BTCCNY etc) so there is no need IMO to ever go fiat in trades. I have seen better results increasing my gains through alt trading (they have insane percentage gains) and I do not suffer from the greed/fear issues I have with BTC fiat pairs. Same gains with btc/fiat can only be achieved with margin (more than x5) which is extremely risky. I expect 2 scenarios: 1) BTC retraces. ALTs go nuts again. 2) BTC breaks out again. ATH will be violated until Friday (max at weekend). ALTs suffer loses but not so big as most expect. After ATH is broken, they go nuts too. |
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294
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Economy / Speculation / Re: PnF TA
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on: June 13, 2016, 11:20:43 AM
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Seriously now, another leg up will make this big time banana, my take profit then will be around 30% (eg 28%) increase in 24h (see bitcoinwisdom front page).
Then I am closing computer and will not check BTC price for a week...
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295
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Economy / Speculation / Re: PnF TA
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on: June 13, 2016, 11:18:15 AM
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Nice try PnF peoples. I'm not selling anything.
Good for you. You do have to take profit some day though, if not you don't need TA. If yes, what is your method defining the take profit? Also, I explicitly say to rebuy 700+ AND 15m close 4800+ (to avoid a bull trap). When you're ready to take profits from Bitcoin, you won't have to  Seriously, should one take profits in depreciating fiat full of centralised risks? It's a big question that can make one refrain from selling at all. Hopping between Bitcoin and alts can be a safer option at this turbulent time. Sorry if this is off topic. Plan is to buy more BTC lol If I fail, well at least I tried |
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297
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Economy / Speculation / Re: PnF TA
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on: June 13, 2016, 11:06:50 AM
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Nice try PnF peoples. I'm not selling anything.
Good for you. You do have to take profit some day though, if not you don't need TA. If yes, what is your method defining the take profit? Also, I explicitly say to rebuy 700+ AND 15m close 4800+ (to avoid a bull trap). |
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298
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Economy / Speculation / Re: PnF TA
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on: June 13, 2016, 11:02:17 AM
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This is the moment when you sell all your BTC and buy back at 700$ or 470-520$ area.
+1 PS. 470$ - 520$ is for buy and hold. I'll try to catch the falling knife around 570$, should then retrace up 60%. Agree with your PS! 570 is a medium term trade. |
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299
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Economy / Speculation / Re: PnF TA
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on: June 13, 2016, 10:31:27 AM
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This is the moment when you sell all your BTC and buy back at 700$ or 470-520$ area.
Yet again?  Yes, this is the way to increase the chances of catching a big drop. Buying back at 600+ was not so bad. You lost a small percentage of BTC, so what? |
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300
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Economy / Speculation / Re: PnF TA
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on: June 13, 2016, 10:27:34 AM
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Long tail up:  Closing 4650- for more than 15m is a sell, 4800+ a buy. Offering these for free as a Proof of Concept for the idiots challenging my service (f@ck them). |
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