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I was waiting for loads of comments about Technical Analysis being shit and sock puppet accounts telling me bitcoin is going to zero ? whats going on? are bears turning into bulls ? Have they given up?
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Without getting into all the reptile overlord stuff. I did watch the David Icke video that was posted and believe it or not he talked a lot of sense about the current geo-political situation.
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Masterluc, come back plz.
You failed to draw appropriate pentagram and chant a proper invocation.  lol |
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Sharing an idea I've already posted elsewhere but heck, why not have it here too. Chart should be self explanatory I think, heres bitstamp on log price scale, 1 week candles.  In log price chart there is a well defined bull channel, shown in green which goes back to 2012 (and possibly earlier if MtGox data were available). Recent spike up to $500 ended exactly on midpoint of the uptrending channel (supporting the validity for the trendlines). Other evidence for these trendlines is provided by the upper trendline of the channel which supported bitcoin multiple times while it was in bubble territory before finally giving way as the price went on to reach its post bubble low. The recent spike is reminicent of ‘mini’ bubble in bitcoin in 2012 before the huge bull moves began. So far horizontal resistance at $320 is still holding. If it fails then price should find solid support at around $270 ish which will be a great place to go long if it gets that low, with sell stop under the channel. With bitcoin already very depressed after the collapse of the last bubble there is plenty of room on the upside. Bitcoin can get past previous all time highs while still in the channel, before even getting into crazy bubble territory. For fun I’ve shown possible path price might take as the halving mania and price pump begins to take hold using some black arrows. Comments welcome. Thanks BTW This is a self moderated thread but I doubt I'll be doing any moderation |
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Look at the waals! Can it hold?  Its funny how quickly walls move though. I don't read too much into them usually. Although if price does drop below $300 it will clear the way for next rally quicker I think. Market needs some weak hands to fold I reckon. |
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Sounds like too much inflation in all these coins. You want to retain value.
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One that hasn't been mentioned yet is capital controls by banks. When they start limiting how you can get at your own fiat in your own bank account bitcoin starts getting more notice. Wait until banks start trying to actually ban cash and impose negative interest rates on us. What do you do, leave your money in the bank or change it to something that avoids the negative interest rate ?
Capital controls was at least partially behind spike when Cyprus happened and recent spike due to Chinese.
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Nothing to do with bitcoin speculation this is in wrong section.
However when everyone is selling normally a good time to buy no ?
edit: i'm not recommending Mintcoin by the way I know nothing about it.
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Terrorists using bitcoin as money means bitcoin is useful as money. Is that meant to be bearish for bitcoin which is a form of money. Or am I missing the point? To me that is bullish.
(And I'm not condoning how it was used before anyone tries that card)
Well see, you don't quite get how this world works. Sure, drug dealers using bitcoin as money gives bitcoin a temporary boost, as does its use by kidnappers and extortionists and pedophiles. Caveat: the boost is temporary, like a snort of shitty crank bought on DNM. All this monetary hooliganism doesn't win bitcoin any friends. No. It provokes righteous anger from the powers that be, the same powers-that-be which bitcoiners have been taunting from the git-go, like aspy little purse dogs yapping at a sleeping mastiff. Is it any wonder that mainstream media shows you no love? Retarded outbursts like "terrorists use our tokens? This is actually good for bitcoin!" That's why I won't shed a tear when your pedo-pesos are banned in EU, and why I'll smile while thinking about bitcoiners getting assraped reeducated by big burly zeks with deceptively sweet names, like Sereja and Volerachka. For four years. Flat time. In Siberian gulags, where y'all belong.  Interesting and eloquent, thanks for sharing |
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Terrorists using bitcoin as money means bitcoin is useful as money. Is that meant to be bearish for bitcoin which is a form of money. Or am I missing the point? To me that is bullish.
(And I'm not condoning how it was used before anyone tries that card)
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Searching Dash on ixquick it comes up on first page  |
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Not sure the point of the minor trends but I agree with your accumulation phase.
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I haven't read last 20 or so pages of this thread but get the impression we are as usual fighting against trolling from the Monero crew. I will say this, the trolling by Monero fans here is what has finally put me off Monero. I've sold the XMR I had at a loss and happy with my choice. Monero seems to be going nowhere. Dash is moving forward. Dash wins.
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If I may wade in here, I think the reason people like Hyena, and myself too, are so sceptical about this latest tragedy in Paris is because there is so much vast quantity of bullshit promoted in the media after every similar atrocity. This has gone on for ever but in the post internet world it is so much harder for the media to get away with it. Here we are again analysing event with very sceptical eyes because we have seen the rubbish time after time, particularly in USA and European news. In the days of 9/11 and invasions of Iraq based on stories of 'Weapons of mass destruction' we were much more naive. The population is waking up because of the vast amount of comment and sharing of information by the proles and unwashed masses we are starting to see the game and the way it is played in ever greater numbers. Problem -> Reaction -> Solution. OK you want a war in Syria to oust the 'regeme' but how to get the war. How get Europe interested? Easy peasy, wait for the right problem (or create it ) And voila, there is the solution right there. Now everyone appalled by the Islamist menace is ready for war. Oh and by the way, they will need to clamp down on more of our freedom and spy on us more. To keep us safe. It is so transparent. If it is not the illuminate it doesn't matter, the point is it is fucking happening. And its easy to see. |
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Its an interesting website, the logo looks like a brain in a box, which seems very apt to me. From what I've looked at so far you can conclude that yes, every conspiracy theory is wrong (and a bit ridiculous). |
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Heres a guide for people who are exposed to a conspiracy theory and are a bit new to it.
Number 1. You can knee jerk react with a thought that goes 'Its a crazy conspiracy theory therefore i'm putting my fingers in my ears not gonna listen.' In order to protect this stance you have to then ridicule anyone who gives stock to conspiracy theories so that a small part of your small brain can live with your ignorant choice made in the first place.
Number 2. You can listen to the theory and dismiss it based it being crazy and way to far out of line with your own real belief system. Or accept it as possible given the evidence presented. Yes some theories do have merit. This is where critical thinking comes into play.
Note only a small minority of theories involve alien jews controlling us from other dimensions, personally I don't bother much with those ones though some are entertaining.
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Afbitcoins: sure there's lots of injustice in this world. There are many "tribes" or group structures that seek power, like ISIS an so on. Even governments have desire for continued control and stability. That there is no God, is just my personal opinion. Feel free to believe in any Flying Spaghetti Monster you want. When I were in my 20s an 30s I had a lot of the same notions as you. Try reading Dawkins, Goddal, Focault and less fringe sites on the net. I do not think we are so far from each other, but it's going to take a few hours to lay out my real argument.
Yes the flying spaghetti monster is funny and ridiculous ergo so is the idea of god. So I presume you believe in the Big Bang do you? That it was just a quantum fluctuation, that grew from nothing and has zero net energy? No god needed to explain anything. Science the new religion holds all the truth. And its all as simple as that. Whos to say I haven't read those? In fact I have read Dawkins. Anyway since we're offering advice I'd say to you to remember to think for yourself not repeat only things you have read. |
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I think it is simple. We humans/primates live in groups. We get sick mentally if we are shunned by the group we want to belong to, and if rejected, will try to find new groups. Young males will find an alpha male that they follow. If a leader of a group does something, the members will emulate that. It is that simple. The rest is just noise and fluff. We are primates that live in tribes. Even in a city or urban area, we are tribes. Your tribe is your friends. Tribes want to dominate other tribes, but we also cooperate. I think humans are altruistic because of evolution. It has been the best way for us to gather the energy our carbon based life need. Life is just a struggle for energy, and we need a lot. There is no God, there is no plan. There is just here and now. When the tribal structures became to complex, we created law and human rules. Oh no, I am ranting.. I do not think anyone cares for reality. So sorry.
Dredging this comment back up because it irritates me, not just the condescending tone but the idea too. First off. There is no god. on what basis you so flippantly assert that? To believe in god is an act of faith, to not believe is also an act of faith, what makes your faith better than someone elses? Is it because of something you read in 'New Scientist' ? Anyway, so humans are a bit like apes, thats not an amazing revelation, that does not mean our behaviours are the same as all primates though. we live in tribes, yes perhaps... But maybe this simplistic view is simple because its actualy too simple to describe reality. Each person does not belong to only one group but many. These groups are all hierarchical and fractal. Where does this hierarchy go to? Close to you perhaps you work and have a boss, who has a boss aswell but regardless if you do or don't you are in submission of others somewhere along the line, probably you will find out by the police force if they choose to arrest you one day. So continuing up the pyramid of power, who is sitting right at the top? The president or prime minister of your country seems obvious doesn't it. They must be the ones with absolute power. In some countries there are monarchs who wield power over the government, so power must sit with them. I think this is where the story ends for many people who prefer to not think too deeply and instead repeat what the education system and television has told them. But wait who funds politicians? whoever does that can pick or choose who gets in and in return get certain favours granted to them, you could say most politicians are like hired hoodlums. Say a corporation who profit from war wants a war. Who will they fund and put in power, people who will give them their war. Other questions need to be thought about. Who controls the money? I'm talking fiat not bitcoin. The biggest central bank and issuer of global reserve fiat money, backed by nothing since 1971 is privately owned. Yes, there are people who own the federal reserve. It gets worse, who controls the media organisations, just like mini pyramids within the pyramid you follow it all up and they all controlled by very small number of people, same with education system. Who owns 'New Scientist' is it the same ower as 'Daily Mail' perhaps it is. What about intel agencies, does the president control CIA ? or is it the other way around? Who shot JFK, if you actually delve into conspiracy theories with a critical mind you may find you cozy little world view get rudely awakened. Why exactly did building 7 collapse on 9/11 as if it was a demolition job ? Or wait, to even look at that means you are a wacko. Many people when faced with these kinds of questions react angrily and call you crazy. But you can easily go on, Is there someone or some tribe right at the top who can pull the strings of media, finance, military and governments ? Why is it crzy to speculate this is in fact possible? More than possible it is quite logical. Humanity is not a tribe it is a highly organised social structure, a bit like a hive, maybe we have more in common with ants and insects on that level than with chimpanzees. Anyway I guess it is murky at the top of the power pyramid for those of us near the base but the idea that that it isn't the president of the USA or queen of england sitting on top but some shadowy elite cabal, maybe even who call themselves the illuminate it is not so unbeivable. I think if the illumionate exist they are probably near the top (of the western /zionist bit ) but not at the top. My own feelings lean more towards those who are in control of the central banks. Maybe the shape isn't an actually pyramid but more of a dome, I don't know but I find the pyrmaid model quite an easy one to visualise.  Incidentally one reason i like bitcoin as it takes away some of their power from those who control central banks and by extension are able to control media / govenrments and finance. Maybe there will be less wars if people ditch fiat for crypto. btw I'm not saying these power structures last forever they will change frequently in something like equivalent of earthquakes eg when world war two happened. |
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Some people think conspiracy theories are all false just because they are conspiracy theories. This is an extrememly ignorant and dangerous attitude and partly explains why a lot of really bad stuff is allowed to happen in this world.
Some theories are false others have merit and some are eventually proven. Use some critical analysis you bloody sheep.
The idea that a secret organisation is behind many terror attacks is not far fetched.
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