Accumulate guys. Don't stop if possible. I am buying less than I was buying at the end of 2018, but I still buy. Sometimes I throw 100 euros, sometimes I put a monthly sum I make online. It's not a lot but I put it every month. I still have some altcoins and when they rally up Vs Btc I exchange them into Btc.

Well said bro, this also summarizes the very essence of the law of supply and demand. Also, introducing new concepts and ideas or factors that might have affect the standing of a crypto currency.

As the day progresses towards the month of may where the halving event would happen, I don't understand why the price of Bitcoin is on a downslope, what could be the possible reasons about it?  Certainly a normal person like me would think that "isn't it suppose to be increasing?" because people are more likely to store Bitcoin and preparing for the halving? but, it doesn't seem to be happening. But, at times like this, we should believe in the standing of Bitcoin. Hoping the value of Bitcoin would not dump into its lowest this year.

I don't think anyone disagrees with that being the cause especially at a run/blow off top, the question I'd wonder is whether we're already nearing the start of that cycle or not?

Since you dropped that message to me and I've been following your explanations, I'll post this here instead of the other thread.
I agree with the others, you're pulling this number out of thin air.

For the ration to double, you must have at least constant demand or even increasing demand but, even then, it's quite tricky.

Let's, for example, say that currently since we're on an upward trend we have 18 million$ in a fresh offer (1800BTC mined a day) and we have 20 million$ in buys.
The halving comes, offer is cut in half, demand stands.
You have 9 million$ vs and 20milions$ in demand.

So, from 18/20 you went to 9/20.

You don't have an extra 2 million that are equal now of 1/10 of the production but 11 million which are 120% of the production.

But at the same time, the price growing would simply put this in reverse.
If we hit 20k for example, we're back to square one 

Please help me understand one thing
How is 9k right now pure air but next year 100k at least is perfectly fine?
What will happen till then, we split the atom, revive the kingdom of Arnor, we cure cancer?

Furthermore, how is the price "pure air" at 9400 but not on 8800?
Because subnitride burns at 9000 degrees?  


Speaking of things that usually happen, you know that the price has a tendency to stay flat when people are expecting something total radical to happen, right?
I wouldn't be surprised if it stays at this value for the first half of the year, I wouldn't be surprised if it goes to the moon, and I will just utter an "uh" if it dips again right after the halving.

Trying to predict things is nice, but when some people are trying to pinpoint the moves over a month period with an accuracy of 10$, it's really funny.


How is that miner capitulation apocalypse going on?  

It is very simple logic that when things go up, they usually go down, when they go down it usually goes up, that is how the market goes, nothing goes down forever and nothing goes up forever, eventually they will stop and go to other direction. However, people think that now we are in a bull run so we should be focusing on buying more so that we can both contribute to price going up and also take advantage of it, lets hope they are not wrong.

How can you say that there's 100 days befofe halving? Can you please share a proof to this? Because I am not aware of such thing. All I know is that, it is normal for its market value to fall and rise since that is the nature of market volatility. I no longer anticipate dumps because as what happens everytime, it would be followed by a recovery although the price won't be back to its state before the downfall, but still, recovery is there, same thing with the uprise. As an investor you should know when to sell and when to hold.

I am waiting for the pullback to get some more money in, I would be very happy if it goes to 7k before recovering but there are a freacking ton of buying orders at 9,2k, a ton at 9k and another ton at 8,8k, is very hard for me to imaging a pullback to 8-8,2k, in fact I have the order at 9075 and thinking if I should put it higher.

But I am very new to bitcoin, more used to classical values. Wouldn't be going under 8,8k as surprising as seems to me? should I get used to randomly see that kind of pullbacks in bitcoin? the pullbacks I have seen this weeks weren't that strong.

I read your lin to your other thread that's why I said you are just resorting to your feeling and ZERO technical analysis neither fundamwntal analysis.

The way you talk simply tells that you can't support logically your analysis and I'm always watching BTC chart since I have a position daily. 

Yes I do, although there will probably be some disagreement over use of the word "dump." In the bigger picture, it will probably be viewed as a "pullback" or "correction" instead.

This is my general idea:



A 50-62% retracement would be typical, although it doesn't need to go that deep.

How many days though prior to halving that we might see FOMO kicking in? 30? 60 days?

$9500 for now, we have build momentum already, so I'm not sure what will make this spike put to a hold, maybe except FUD or some sort of negative news. But I do like what we are seeing though, yes we might see occasional pull-backs but I think we have build enough momentum that the lower lows could be somewhere $8k'ish to me.

Even if it suffers a correction, which would be something very normal after increasing +25%, I dont think it would go as low as coming back to 7k. The biggest correction I can imaging would be to 8k and I would be surprised. So everything looks good, green days coming!!

What Pure Air are you talking about eh? The current momentum was supported by a good volume. If you look on 1 day timeframe on the graph. You are creating FUD in this post. BTC has support on 8.8k level and might test but contradicting to your post. The price surge is a bit organic since we are approaching bitcoin halving and many whales are riding the waves. Don't go against the tide or else you just drowned.

If you can provide a detailed technical analysis regarding your claims then I might believe you. You are only using your feelings to predict the market which is kinda scary.

Unless a sudden Doji appear then huge fall might occur. But right now, The sky is very clear for bitcoin price to reach the moooon.

I'm actually not expecting any real dump again at this time , every price flunctuation now will still be around this present value and not lesser.This Moment is close to halving and we are leaving $8k for the next level. We may not have much puch till April but there will be steady increase till the halving in attained.

there is a nice momentum building up and it is only going to increase in size. i don't see ups and downs, all i could predict is ups and ups and ups and down. meaning much bigger rises and tiny corrections. and soon enough as price started showing signs of breaking $10k there could easily be a big FOMO that can put bitcoin on a constant rising mode for at least a while until price goes up about 20 to 40% then see a correction.

I think this is a great idea that should help to spread crypto furthermore.
We're in a time where govt don't see crypto as negatively as it was the case back then.
There is still a huge learning curve in order to be able to transact with cryptocurrencies.
I want to take that entry-barrier down so anyone who wants to join the party without any IT knowledge can easily hold onto crypto.

Yes, bitcoin is intended to be sent in a transaction that gets broadcasted, then included in a block etc...
However, it is not impossible to exchange BTC among us by exchanging the private keys where the coins belong to.

I've been working for about a year on such a concept and I'm proud to come up with a solution for this.
The name of my product is "Coldkey".

Our most desirable release is the "History" serie. You can check it out here : https://bitcointalk.org/index.php?topic=5193561
To keep it short, it is a monthly release that is loaded with the BTC equivalent of €50, at the rate of the 1st day in the month.
The artwork evolves every quarter for now, and it features a renowned artist in the cryptocurrency sphere.

I've developed anti-counterfeiting mechanisms on the physical cards themselves; the funding can also be checked in Blockchain explorers.

There is a lot to do around this principle.
Somehow I foresee "cryptographic trust institutions" coming to existence.
If the Coldkey is intact, then it's as good as crypto.
If it is redeemed, then the secret to spend the BTC has been accessed and the Coldkey is not as good as crypto anymore.

Great article and you have mentioned every details clearly which educates us about how bitcoin works and why the value did not reach 6 digit figure till now but I would still not believe that the value of bitcoin will reach 6 digit anytime sooner. Already we have witnessed similar speculations I am not trying to portray this in negative way but there are so many factors which decides Bitcoin's value and even if something goes wrong then market will go downward spiral like it happened in last two year.

You even admitted you know very little about the "technical aspects" of bitcoin. The "technical" aspects is exactly what bitcoin is so I am unsure what exactly is left behind to understand?
If you educated yourself before making this topic you would not have made it. How can you talk about something you do little research in? You don't make sense.
Physical? In a digital world? Do you want to go backwards? Why not just use fiat then? The point of bitcoin is that is is digital.

Btw this is why it won't work. Bill are printed by the government and each bill is unique and has various methods to prove it is real. A bitcoin bill is printed by anyone with a printer. How can you pay someone with something you just printed out? I could hand you a piece of paper with the QE code to a game on the android market and just tell you it has $100 on it to pay for my purchase? How will you know how much is on it? There is no way to verify it. Why not just display a QR one your phone and let the other person scan that directly?