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965
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Alternate cryptocurrencies / Altcoin Discussion / Re: Does anyone still think NXT is a scam?
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on: September 16, 2015, 05:34:57 PM
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That means that the price decline is an indicator of flawed fundamentals.
Interesting point of view. Back in 2013 we would have said that fundamentals are good (if we followed the same logic). This arises philosophical question: when is it the right moment to use Klee Indicator? I would go even further and claimed that any currency has flawed fundamentals because none has been thriving forever yet. As a cherry on top I would recall BCNext's "A world with the money can not be perfect", hehe. Question is why is NXT price falling? Aliens? I go to see soccer and have not time now for more on this but this is a big topic for discussion in general... |
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966
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Alternate cryptocurrencies / Altcoin Discussion / Re: Does anyone still think NXT is a scam?
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on: September 16, 2015, 05:30:15 PM
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That means that the price decline is an indicator of flawed fundamentals.
Interesting point of view. Back in 2013 we would have said that fundamentals are good (if we followed the same logic). This arises philosophical question: when is it the right moment to use Klee Indicator? I would go even further and claimed that any currency has flawed fundamentals because none has been thriving forever yet. As a cherry on top I would recall BCNext's "A world with the money can not be perfect", hehe. Question is why is NXT price falling? Aliens? |
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967
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Economy / Economics / Re: Martin Armstrong Discussion
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on: September 16, 2015, 01:55:05 PM
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So is he saying that we can basically short the euro to zero?
One of the reasons I don't fully adopt M. Armstrong's ideas is that he often predicts facts that he has no historical data to map them fully. Imagine a problem consisted from 5 equations with 6 or 7 unknown variables. You can only guess! Yes, there's a great chance you're going to match a couple of them right, but under no circumstances you would be sure about all of them. The EU (as we know it) is only a couple of decades old. The historical data representing its format, its politics and ecosystem is pretty new regarding, let's say the USA's state infrastructure. There's absolutely no way you can predict with 100% certainty what will happen. He can be as wrong as anyone else predicting that the EU will stand strong and keep its state bonds without a single fracture (which is an equally insane claim). I will repeat it once more: NO ONE CAN PREDICT THE FUTURE UNLESS HE SOMEHOW MANUFACTURED IT!I will stand right against M.Armstrong's loyals, until someone proves me wrong. There's only one way to it; M.Armstrong himself prove me that everything he predicted is right. Which he didn't. If on the other hand, IF someone manufactures a crisis in order to promote a (prefabricated) solution... Then, he's our oracle alright.  https://wikileaks.org/eu-military-refugees/ |
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968
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: September 16, 2015, 10:48:01 AM
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I see, apologies!
But you have to understand IMO something, manipulating the market is done ONLY in the direction with the less resistance, hence BTC is already weak if it can be manipulated downwards.*
Why? Lack of demand and excess of supply. Enter manipulator that adds leverage to this.
So there is no manipulation essentially, only amplification.
Try to manipulate this at 1000$....
EDIT: * Unless there is a manipulator alone stronger than the whole market (remember, it is not just the BTCUSD pairs he has to manipulate, but essentially all cryptomarket - coins are correlated, AND the commodity market, AND the forex market, AND the stock market. Cryptos are correlated with all and none of these categories). But this is already very illuminati like scenario (I doubt a Soros would risk to do it) and if true EXTREMELY bearish for BTC, so better abandon the ship now...
Well MtGox did it. You only need 2 or 3 exchanges to do so... Pick 2. Edit: I know that it sounds crazy, but to be fair nothing wouldn't surprise me in bitcoin world anymore  MtGox was early adopter, now it will not be that easy  |
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969
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: September 16, 2015, 10:14:20 AM
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Someone really wants to milk this cow until the end...  Wrong. They just abandon a shitty performing asset for better performing ones. Stop seeing ghosts everywhere (manipulation). Well... I simply can't agree with you  So you will lose money. 100eu incoming... (until Christmas, then bounce to 200eu and spring below 100eu). Then rally. I didn't say that I don't trade... Just don't agree with a reasons for going down  I see, apologies! But you have to understand IMO something, manipulating the market is done ONLY in the direction with the less resistance, hence BTC is already weak if it can be manipulated downwards.* Why? Lack of demand and excess of supply. Enter manipulator that adds leverage to this. So there is no manipulation essentially, only amplification. Try to manipulate this at 1000$.... EDIT: * Unless there is a manipulator alone stronger than the whole market (remember, it is not just the BTCUSD pairs he has to manipulate, but essentially all cryptomarket - coins are correlated, AND the commodity market, AND the forex market, AND the stock market. Cryptos are correlated with all and none of these categories). But this is already very illuminati like scenario (I doubt a Soros would risk to do it) and if true EXTREMELY bearish for BTC, so better abandon the ship now... |
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970
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Economy / Speculation / Re: PnF TA
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on: September 16, 2015, 10:03:45 AM
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I expect a daily spike below 210 and close above 212, around 215
Price Objective 204$ (vertical count). Let's see if it will deliver. |
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971
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Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
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on: September 16, 2015, 09:42:08 AM
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Someone really wants to milk this cow until the end... Wrong. They just abandon a shitty performing asset for better performing ones. Stop seeing ghosts everywhere (manipulation). Well... I simply can't agree with you So you will lose money. 100eu incoming... (until Christmas, then bounce to 200eu and spring below 100eu). Then rally. |
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975
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Alternate cryptocurrencies / Altcoin Discussion / Re: Does anyone still think NXT is a scam?
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on: September 16, 2015, 07:42:49 AM
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With vanishing volume
Volume is a bad indicator for 100% PoS coin because there are no miners who need to sell coins to pay electricity bills. Funny that you forgot this. Or maybe you didn't... That means that the price decline is an indicator of flawed fundamentals. This would be good with a stable and/or increasing price. |
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976
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Economy / Speculation / Re: PnF TA
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on: September 16, 2015, 06:41:47 AM
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Things got worse for BTC yesterday relatively to NASDAQ. The 2nd rallied hard to 4860 close while BTC is struggling at 230. The RS chart gave a very strong alert that smart money are entering other markets and abandoning BTC. If this does not change today (BTC close above 232), difficult times for bulls ahead... |
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978
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Alternate cryptocurrencies / Altcoin Discussion / Re: Does anyone still think NXT is a scam?
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on: September 15, 2015, 05:54:59 PM
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Nice chart, may I have the same for Bitcoin for comparison? Thank you in advance. The NXT chart is priced in BTC. Not sure why you GAF about fiat. The key point is not the price decline, but rather the disappearing volume. BTC volume is stable over the last year+. Nobody is trading NXT. The air is leaking out of the NXT market. It's a dead scam-coin+scam-platform and the corpse is cooling off. Like Supernet, the only thing it was good for was making jl777 a lot of BTC. actually all of coins tend to have the same long term chart! The key point is not the price decline, but rather the disappearing volume... You are right but I would like to see a percentage decline in volume for every coin in the Top 20 since their debut. BTC suffers from this too, not sure about XMR. I am working on some nice indicators you know, volume is something I will research soon for them! |
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979
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Alternate cryptocurrencies / Altcoin Discussion / Re: Does anyone still think NXT is a scam?
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on: September 15, 2015, 05:41:10 PM
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NXT = Java = popular websites = MtGox
And iCEBREAKER will never become a rational amicable person with fairly balanced views with an open mind.
I know, I'm back after a long break and now am collecting trolls to play with. He is quite promising. I don't know CfB looks like that troll is pretty canned, grumpy and it's logic often fails completely. Definitely a real piece of work. Yes, let's discuss people and personalities instead of answering the OP's question. Or not... All year long, the market has been saying NXT is a scam. The only reason it's not lower is because the insiders who got in cheap keep the price propped up, as they slowly dump on gullible simpletons like LiQio.  ^^^That's what a dying coin looks like. NXT is abandoned, with a pathetic <100BTC in daily volume. After all the hype and glittering promises NXT is still useless for anything except creating and dumping scam assets like j777hodl. http://www.jl777.org/ ---> This site is temporarily unavailable E hmmm... actually all of coins tend to have the same long term chart! |
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980
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Economy / Speculation / Re: PnF TA
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on: September 15, 2015, 12:32:27 PM
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BTSBTC & XRPBTC pairs added. Next are XRPUSD, XMRBTC & DASHBTC.
Done. |
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