[edited out]
Perhaps our Roach and his future lover Gembitz were slain as the bear market morphed into a new Baby Bull Market.  I am not going to go so far as to say that there is no such thing as a "baby bull market" but surely we are not in such a market yet. The evidence seems pretty strong that we are currently in a bear market... however, subsequently, if the current bottom of $3,122 is not breached, and better yet $3,700 is NOT breached then there could be some later BTC price behavior that causes us to subsequently describe this period as the beginning of a bull market (aka baby bull)... but we are very far from such a defined state, and it remains about a 52% to 48% proposition that the bottom is NOT in. The market has been bullish for 82 days since the low of 3122. For Bears to claim continuation of a bear market they will have to break this low. The burden of proof is on them. Diptwat nonsense. We can argue about whether the probabilities are 52% that the bottom will be tested (as I might suggest) or perhaps you can provide a lower probability, such as 20% or 10%, whatever is your level of confidence that the "bottom is in.' Its a Baby Bull Market until then.
Diptwat nonsense Bears never broke the Jan 15 low in 2015 and the rest of 2015 was a bull market.
The whole of 2015 was a flat and depressing period for a lot of BTC HODLers with fear that the January 15 low of $152 would have been tested again. but the bull market did not really begin until about late October 2015, and such bullmarket was not really confidently confirmed until minimally in the middle of 2016, and some people did not even have sufficient confidence of such bullmarket until early 2017 when we got over the scare back down to $890-ish. Subsequently, it is pretty clear; however, that such bullmarket really began in October 2015, even though it was not confirmed at the time (diptwat nonsense, old twat needs to go to bed ). We are in the same pattern until proven otherwise.
no we are not. Its a Bull Market ya know.
The only bull market is your spreading of bullshit and false hope truth. I don't know your purpose(bc im a cranky tardtwat), but you are truly disingenuos awesome with your attempt to impose bullshit and unreal pie in the sky definitions Bullish Truth.. \ after Jan 2015 we were in a bull market and finished the year much higher. If it was depressing for you its bc you lacked conviction of the future glory of Bitcoin and perhaps you were depressed bc living life as an abrasive asshole of a cunt probably would depress anyone, even a google chatbot.  Your problem Ballerina Bot-twat is that you attack fellow Bitcoiners who werent attacking you bc you are living in a miserable state of stress and anxiety for reasons Im sure you are aware of. Maybe you have pissed off friends and family in real life with your nasty attitude and dont know how to react to others in a civil manner. Maybe you have some age related ailments causing you pain and suffering and its making you cranky and salty. Maybe some Ballerina Man touched you when you were a child and you never got over it, I dont know, but something is off with you. Your lashing out proves it over and over. Ive tried multiple times to be respectful towards you bc you are a dedicated Bitcoiner which I try to appreciate, but your salty cunt outbursts wont get you on my ignore list, I prefer dealing with you directly. Eye for eye, tooth for tooth. As for the new Bull Market, its been 82 days and we are up significantly from the lows with the halving approaching. For it to be a bear market we have to make new lows at some point. Until this happens the burden of proof is on the Bears to prove we are in a Bear Market. If they dont bring us to new lows pretty soon they are fucked imho. Not enough coins and too much fiat. Its a Bull Market ya know |
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[edited out]
Perhaps our Roach and his future lover Gembitz were slain as the bear market morphed into a new Baby Bull Market. I am not going to go so far as to say that there is no such thing as a "baby bull market" but surely we are not in such a market yet. The evidence seems pretty strong that we are currently in a bear market... however, subsequently, if the current bottom of $3,122 is not breached, and better yet $3,700 is NOT breached then there could be some later BTC price behavior that causes us to subsequently describe this period as the beginning of a bull market (aka baby bull)... but we are very far from such a defined state, and it remains about a 52% to 48% proposition that the bottom is NOT in. The market has been bullish for 82 days since the low of 3122. For Bears to claim continuation of a bear market they will have to break this low. The burden of proof is on them. Its a Baby Bull Market until then. Bears never broke the Jan 15 low in 2015 and the rest of 2015 was a bull market. We are in the same pattern until proven otherwise. Its a Bull Market ya know. |
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Its hopeless to resist Bears. You cant sell as fast as Jack Dorsey is buying.
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81 days into our new Bull Market and all is well  Converted 2 more nocoiners into coiners over the weekend. Ive been converting for 5 years now and it is just getting easier and easier, I have never witnessed people so aware of the rising US Dollar cost of everything they want and need in life. One big thing I have noticed is that while people understand Bitcoin more and more each year, almost no one I have ever converted understood how new dollars were created. This has not changed one bit in 5 years in my experiences. Most still to this day think the bank is lending them grandmas checking deposit out for their credit card loan. The greatest trick the bankers ever pulled was obfuscating money printing. No worries, we will free all the worthy nocoiners from the shackles of money printing.  |
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80 days into our new Bull Market, and all is well.  Eat drink and be merry. For tomorrow we Pump. |
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https://www.reddit.com/user/rePAN6517rePAN6517 68 points 9 hours ago "I don't post a whole lot and I think TA has minimal value, but I see something playing out that to me is incredibly obvious. I'm just one person but I have been wildly successful at trading crypto for 6 years now. Take this for what you will... I see LTC leading the charge because its halving is only 5 months out. It's obvious. The hype is there and it'll probably continue to outperform BTC until at least the halving. It's pulling BTC along and BTC is only begrudgingly going along with it. That's because BTC is so much bigger and hard to push. But the fundamental driver behind it is clear as day. Halvings are a fundamental economic shifts. I can't stress that enough. ETH just got one too, but it hasn't quite followed the typical pre-halving hype cycle because its reward reduction never had a clear date until basically the last minute and the reward reduction wasn't as big as a normal halving. ETH however will feel the impact over the next 6 months though as the effects start to be felt in the market. Expect ETH to also outperform BTC over the next 6 months. But once the effects of LTC's halving and ETH's reward reduction start fading later this year, the attention will shift to the 800lb gorilla in the room - BTC. BTC will undoubtedly enter into its halving hype cycle and it will pull alts further up along with it. BTC's halving will be the core event of the next bull-run. Long term bears who are going short in front of halving events are out of their goddamn minds and not seeing the big picture."
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^ I made a small list of Bitcoin debit cards in my local section. Maybe you're interested: I thought most of these companies shut down debit card operations after being dumped by Visa. Last I heard, they were looking for alternatives or mumbling about building one. Are they with Mastercard now, or is there a new actor? I can confirm shift(coinbase shift) is shutting down soon. I have had one for years and it was a great emergency debit card but last month i got an email from shift saying they were shutting down Bitcoin cards in 55 days(no explanation). Can anyone recommend the best Bitcoin debit card for the US. I believe xapo is not allowed in the US and havent looked into the other cards on this list. |
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Second Brexit They count the state of Washington as a "colony"? It has the word "Washington" in it. Also I'm not sure I would count Antarctica unless we are talking about penguin colonies. Yup, but any Brit can jump in for final confirmation. I do remember the incident when British Embassy gave them "burning cake" or something on the 4th of July( i could be wrong here). it's possible i guess. British humor And I don't know anything about penguin colonies. Correct
BCH fan? Roach is generally NOT a fan of any of the cryptos. He is a pumper of PMs such as gold and silver, and set's forth a lot of the similar arguments that anti-government folks suggest in order to suggest that there is a need to invest in case the Armageddon comes. He is also stupid-ass racist, in the nazi direction. Yet, who really knows or cares exactly what the fuck that he is talking about because his topics are largely tangential to the topic of this thread (but still seemingly tolerated), except perhaps one might conclude that his anti-government statements might line up with sound money aspects of bitcoin, if he were not likely paid to spout out his baloney bullshit distractions (but, for some reason, has not been around this thread too much in the past week or more.. i think he posts in streaks (maybe either related to how he is paid or when he has leave from the asylum))... Perhaps our Roach and his future lover Gembitz were slain as the bear market morphed into a new Baby Bull Market. |
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China banned 23 million people last year from buying plane/train tickets because their social credit scores were too low. That is just the start. Now tell me again the "benefits" of Facebook or JP Morgan coin over bitcoin. Do they really outweigh that dystopian future? https://twitter.com/alecziupsnys/status/1101875282225582080?s=21Reminds me of that Black mirror episode were people have to give points to each others.... Is Theymos oppressing us with dystopian sMerits points?   Haha seems to be  You are just a few away from a LAMB being slayed HAT?? Haha, oppression hurts so good |
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To Pump it or Dump it, that is the question...
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China banned 23 million people last year from buying plane/train tickets because their social credit scores were too low. That is just the start. Now tell me again the "benefits" of Facebook or JP Morgan coin over bitcoin. Do they really outweigh that dystopian future? https://twitter.com/alecziupsnys/status/1101875282225582080?s=21Reminds me of that Black mirror episode were people have to give points to each others.... Is Theymos oppressing us with dystopian sMerits points? |
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Bull Market music "Everybody just crying out, Crying out, calm down, calm down. Have your Pumps and pride! Ease it and happily, nicely calm down. Have your Pumps and pride!" https://www.youtube.com/watch?v=FB-DgI7wM1YToots & The Maytals - Pump & Pride (1972) (still think we touch 3400 for a sec before next big pump though, buy the bull market dip) |
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https://www.reddit.com/r/BitcoinMarkets/comments/avmnjs/daily_discussion_thursday_february_28_2019/gr8ful4 58 points · 11 hours ago · edited 11 hours ago Without going much into detail, I'd like to share this long term view with you.  "For 8 years I'm trading the multi-year cycles in this market. More than anything else I focus on market psychology. I use TA, FA and SA only to optimize my entries and targets. In short: each cycle, each top and each floor has its own character. Each cycle builds upon an earlier cycle. Knowing the character and knowing the development path ahead can give incredibly detailed insights into what to expect next. Looking at how we broke down from 6k compared to earlier huge break downs lets me assume that the market participants were prepared for such an event. They even anticipated it. No one even tried catching the knife. They just let it fall. There was only one true capitulation event in BTC history and it was back in 2011. 2013 was a short lived capitulation event triggered by a shitty and lagging exchange which exaggerated every move. 2015 capitulation was forced by Mt. Gox and other exchange hacks. What seemed a "true" capitulation to most was the best buying opportunity for insiders ever. After loading up in late 2011. I accumulated vast amounts in the first half of 2015. Back then BTC was still small. Some thought it was dead, but seeing the infight between all the fractions in the ecosystem made it clear, that they are fighting for something very valuable! Back to our anticipated capitulation event of late 2018. I think there is no one seriously doubting anymore that cryptos are here to stay. That means a true capitulation event is (almost) impossible to occur after it already lost 84%. The only thing that can happen is media manipulation of the masses. But people seeing institutions adopt "blockchain" at every corner aren't stupid and won't give in easily. That said there is tremendous risk for market makers and whales to push price below a certain point, because they always have to factor in re-accumulation + ideally some margin for profits to make the effort worthwhile." I have been pondering on how much 2015-2016 matches 2019. I took daily data open/high/low/close and looked at the ratio of the two lows; 152 to 3122 (actually in Dec '18) which seems an obvious way to work. Then I have tried to overlay on spreadsheets the same prices 'post the bottom', to see if there is any kind of a similar pattern. It didn't correlate on a daily basis enough (using the ratio as a factor) for it to be valuable - as it seems to be currently running lower. I shifted to looking at the same 'time frame', that is; correlating from mid Jan 19, rather than the December 18 low, but neither are close using the same ratio (although it is roughly the same amount 'out' if you zoom out). The only conclusion I can make so far, is relevant to the above post. This is that the sharp final snap down didn't happen, so it follows there was not a sharp snap back up afterwards of the same order as last time. So far the only thing to do to get a closer match has been to to change the 'ratio' I am using in % terms. This looks much closer in terms of matching the range of activity post bottom (on the tiny data set since). If this stays close for a while - it will simply mean we are heading for a curve with not as high a peak from the Dec 18 bottom in % terms. I will try to tweak this over the coming months and see if it has any value, but if anyone else better at working this out wants to try - and can factor in more sophisticated statistical analysis (standard deviation etc.) that would be good... EDIT: for sense. Very cool. Looking forward to hearing more about this! |
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https://www.reddit.com/r/BitcoinMarkets/comments/avmnjs/daily_discussion_thursday_february_28_2019/gr8ful4 58 points · 11 hours ago · edited 11 hours ago Without going much into detail, I'd like to share this long term view with you. "For 8 years I'm trading the multi-year cycles in this market. More than anything else I focus on market psychology. I use TA, FA and SA only to optimize my entries and targets. In short: each cycle, each top and each floor has its own character. Each cycle builds upon an earlier cycle. Knowing the character and knowing the development path ahead can give incredibly detailed insights into what to expect next. Looking at how we broke down from 6k compared to earlier huge break downs lets me assume that the market participants were prepared for such an event. They even anticipated it. No one even tried catching the knife. They just let it fall. There was only one true capitulation event in BTC history and it was back in 2011. 2013 was a short lived capitulation event triggered by a shitty and lagging exchange which exaggerated every move. 2015 capitulation was forced by Mt. Gox and other exchange hacks. What seemed a "true" capitulation to most was the best buying opportunity for insiders ever. After loading up in late 2011. I accumulated vast amounts in the first half of 2015. Back then BTC was still small. Some thought it was dead, but seeing the infight between all the fractions in the ecosystem made it clear, that they are fighting for something very valuable! Back to our anticipated capitulation event of late 2018. I think there is no one seriously doubting anymore that cryptos are here to stay. That means a true capitulation event is (almost) impossible to occur after it already lost 84%. The only thing that can happen is media manipulation of the masses. But people seeing institutions adopt "blockchain" at every corner aren't stupid and won't give in easily. That said there is tremendous risk for market makers and whales to push price below a certain point, because they always have to factor in re-accumulation + ideally some margin for profits to make the effort worthwhile."
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I guess whales dont have time or patience to Bart anymore, just straight down then straight up a few minutes later. Every trader gets bogged but hodlers always win in the end |
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Hate to say it but I think we are gonna test 3400 again soon.  Still a bull market though and new lows will not be happening imho. Just know that when you Bears start to have your picnic https://www.youtube.com/watch?v=dZANKFxrcKU and start having your dreams of 1500 and 2k, we will come in with strong hands to slay you all.  Yup this is lookin like the dump to 3400 I thought was coming. We gonna slay dem Bears and blow hopium smoke on their dead bodies after that, no new lows allowed. Its a Bull Market ya know! |
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