Good thing that they use Bitcoin. At least Bitcoin can be traced - within some limits, I know.
Maybe somebody really good will find out who funds those mofos and bring them to justice!
Coin mixing can be used to hide traces in the blockchain. |
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So? Whats your point here?
Aside from showing that bitcoin can facilitate terrorism funding (and according to that coindesk article, already is), that some people here think that terrorists jumping on board is good news that will help bitcoin go to the moon and that arguing that an association with terrorism is enough to bring draconian regulations to bitcoin and potentially kill it, none. |
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From that thread I posted
"I think this is a great opportunity to show them Bitcoin and get some users from the Middle East. The anonymity and low fees are sure to be a turn on. How can we spread the word and help Bitcoin go TO THE MOON!?"
Wow gentlemen, wow.
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I was responding to Mat and his comment about Wall Street coming in.
Oh. He and Trollchop are the only 2 on my ignore list. You're close. My posting style can be a little direct but I am usually fairly reasonable in the contents  No need for the ignore button |
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anti-EW bla-bla-bla
.........................
PS: how many times did DanV post a wrong EW prediction on TradingView? Like 543425 times?
I said a couple of times that DanV is too bullish, but he usually gets the direction right. I remember him predicting a big rise in the middle of the august-october downtrend, no such thing happened. Other big fuck ups too. |
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-beartard rant-
This has exactly what to do with Elliott waves? I was responding to Mat and the part of his post about Wall Street getting in. |
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Wall Street is not moving into bitcoin (not the currency itself anyway) because it does not give a single flying fuck.
They are not buying bitcoin and they are not buying tulips or beanie babies either.
The only Wall Street thugs that are gonna buy bitcoin are the ones that are gonna baghold it, like Tim Draper, Barry Silbert, Brian Kelly and all the others. Already bagholdin' hard.
That's it.
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Exemple: This last leg up was a ridiculous coinbase news pump&dump and an obvious bulltrap. It ended as soon as the site was online. The more sensible thing to do was dumping at around $300 and now waiting safely. If it starts going up to $300 again (probably won't) and you just can't live without bitcoin maybe rebuy if the previous top is being broken with decent volume. Otherwise just watch the price slowly fall down the depths of hell with mini bulltraps here and there lol Ignore EW, ignore indicators, ignore long term predictions, ignore permabulls and trade the chart you are lookin' at. Again, if you are a BTCeanie BTCitcoin lover you can rebuy lower ay time and end up with more BTC. That's not really me but if it's your thing... PS: There is no new bull market. There is no such thing. |
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EW = bullshit.
Sorry for the EW lovers here but that's what I think.
EW tries to to predict what prices will do with precision in the following weeks or months, that's not really how TA should be used.
Sure if a chart looks like the classic Wall Street bubble chart it's probably a safe bet to expect lower prices the following months, but EW goes way too far in its predictions.
I mean if you are doing it for fun or as an interesting exercise all good, but you shouldn't really integrate it in your strategy.
TA is supposed to give you buy signals or sell signals that have a high chance of playing in your favour. Trading the moment and going with the flow and following the trend.
TA should be simple. The more complicated tools you use the higher the chances you'll fuck it up.
Ignore indicators or fancy shit, they don't predict much most of the time and you don't need them. If you use them too much, chances are you are overtrading.
Trading should be about: trend lines, wedges, pennants, double tops, double bottoms, breakouts, checking the depth chart, checking the trade history bar in real time.
And especially volume. Volume is absolutely crucial.
You should trade the big moves and ignore the noise, the choppy consolidations.
Then of course you have to develop the "feel" for a market knowing how it tends to usually behave.
That's pretty much it imo.
PS: how many times did DanV post a wrong EW prediction on TradingView? Like 543425 times?
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 Am I on to something? Does this latest upswing resemble earlier and we are heading even lower in the next months? Yep. |
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Yeah I think everybody by now knows about that video It's how the BTCitcoin - BTCeanie BTCabies analogy all started Great reminder of how things can turn out tho But don't worry guys, NSYE invested in a BTCeanies Bitcoin exchange. This time is different!!!11 |
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These fucking guys lmao "Buy my bags! Trillions I tell you! Trillions!"  |
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So the situation hasn't changed much so far, bid sum at bitstamp has been going down a little.
Still early to say though and not by much.
I will update from time to time.
Anybody knows where I can look at Coinbase bid and ask sum changes overtime?
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You know the last time CNBC posted a bullish dumb hype article?
Right at the top of the november $475 pump that ended with a crash soon after.
CNBC: "Forget currency, bitcoin's tech is the revolution"
Google it.
/thread
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really the truth of the matter is anything under $300 is still a great buy.
Exactly.  You tellin' me bubbles go on forever?  |
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