Torque
Legendary
 Offline
Activity: 3822
Merit: 5504
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Just so some of you newer guys understand, the deep pocket momentum traders that got in and out Nov '17 - Jan '18 are now gone.
Sure they still might have a long position, and may be incrementally buying, but in terms of mega volatility swing trading they won't be back with deep money until one or more of the following happens:
1. Most small investors and guppie traders lose interest from lack of price action/ boredom and move on
2. Technicals show a true long term bottoming out (a cup formation)
3. Another impending bullish development, like a sudden Bitcoin ETF announcement that comes out of nowhere. Though, expect massive FUD and volatility in the months leading up to such a surprise. The insiders will know about it 6-8 months in advance.
Keep in mind that in the interim, we could literally drift sideways for a year+.
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Totscha
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February 21, 2018, 03:55:33 PM |
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Just so some of you newer guys understand, the deep pocket momentum traders that got in and out Nov '17 - Jan '18 are now gone.
Sure they still might have a long position, and may be incrementally buying, but in terms of mega volatility swing trading they won't be back with deep money until one or more of the following happens:
1. Most small investors and guppie traders lose interest from lack of price action/ boredom and move on
2. Technicals show a true long term bottoming out (a cup formation)
3. Another impending bullish development, like a sudden Bitcoin ETF announcement that comes out of nowhere. Though, expect massive volatility in the months leading up to such a surprise. The insiders will know about it 6-8 months in advance.
Keep in mind that in the interim, we could literally drift sideways for a year+.
Sideways action keeps my blood pressure normal  |
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BTCMILLIONAIRE
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February 21, 2018, 04:00:46 PM |
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Is anyone else just fucking DONE with wintry weather? Can't fucking wait till the sailing season starts.
I actually prefer winter over summer. At some point you just run out of layers of clothes to take off and at that point you're still getting fucked by the sun when going outside. I'm so glad humanity has nearly perfected staying home. |
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infofront (OP)
Legendary
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Activity: 2660
Merit: 2920
Shitcoin Minimalist
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February 21, 2018, 04:06:46 PM |
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Is anyone else just fucking DONE with wintry weather? Can't fucking wait till the sailing season starts.
I actually prefer winter over summer. At some point you just run out of layers of clothes to take off and at that point you're still getting fucked by the sun when going outside. I'm so glad humanity has nearly perfected staying home. The good thing about hot weather is that it encourages ladies and/or gentlemen, depending on your persuasion, to wear less clothing. I was on vacation in South Beach a few weeks ago...hot girls in thongs everywhere.  |
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BTCMILLIONAIRE
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February 21, 2018, 04:13:17 PM |
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Is anyone else just fucking DONE with wintry weather? Can't fucking wait till the sailing season starts.
I actually prefer winter over summer. At some point you just run out of layers of clothes to take off and at that point you're still getting fucked by the sun when going outside. I'm so glad humanity has nearly perfected staying home. The good thing about hot weather is that it encourages ladies and/or gentlemen, depending on your persuasion, to wear less clothing. I was on vacation in South Beach a few weeks ago...hot girls in thongs everywhere. I live in a small university city, so you can hardly look anywhere without seeing some skin. But I'm not sure it's really worth it given how tedious it is to be outside in such weather. At least grabbing food and groceries is more interesting I guess. |
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RayX12
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February 21, 2018, 04:17:46 PM |
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Is anyone else just fucking DONE with wintry weather? Can't fucking wait till the sailing season starts.
I actually prefer winter over summer. At some point you just run out of layers of clothes to take off and at that point you're still getting fucked by the sun when going outside. I'm so glad humanity has nearly perfected staying home. The good thing about hot weather is that it encourages ladies and/or gentlemen, depending on your persuasion, to wear less clothing. I was on vacation in South Beach a few weeks ago...hot girls in thongs everywhere. I live in a small university city, so you can hardly look anywhere without seeing some skin. But I'm not sure it's really worth it given how tedious it is to be outside in such weather. At least grabbing food and groceries is more interesting I guess. Looks like we are heading into a year without summer.. Ash injected into the atmosphere cuts down on solar radiation hitting our lands. This is growing concern for the next 30 years while the sun POSSIBLY goes into a period of low activity. Check this guys videos. https://www.youtube.com/user/MyanmarLiving/videos |
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BTCMILLIONAIRE
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February 21, 2018, 04:20:15 PM |
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I'd be quite happy with lower temperatures. Winter is more enjoyable with proper powder snow, and summer wouldn't make me stay inside 24/7 if it didn't cause me to sweat all fucking day.
On that note, I've read about an upcoming mini ice age a few times. Is there any recent update on that that confirms or rejects it?
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cAPSLOCK
Legendary
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Activity: 3990
Merit: 5859
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February 21, 2018, 04:36:14 PM |
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Dudes. DUDES. 'Hol up there. I promise you I'm HODLing for at least $12k... Stop saying that! Every time you say that it tanks! |
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flynn
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I'd be quite happy with lower temperatures. Winter is more enjoyable with proper powder snow, and summer wouldn't make me stay inside 24/7 if it didn't cause me to sweat all fucking day.
On that note, I've read about an upcoming mini ice age a few times. Is there any recent update on that that confirms or rejects it?
Vast question. - climate is whether over 30 years. So it's too soon to tell. - There was a global warming during the last 100 years of about 0.1°C/10years - No more warming since 1998, once you remove El Nino/LaNina effects (which cancel each other in time) - Sun is probably having a period of low activity, that doesn't change much the energy it sends to us, but less activity (= less spots) means less magnetic field, means more cosmic rays reaching our atmosphere, meaning more seeded clouds, thus more albedo and then cold coming in... but this is still a theory - look here for the latest temps : https://moyhu.blogspot.fr/p/latest-ice-and-temperature-data.html#NCAR- best site ever for these questions : https://wattsupwiththat.com/- last but not least : cold kills; warm weather makes our life easier. |
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JimboToronto
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Activity: 4340
Merit: 5383
You're never too old to think young.
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February 21, 2018, 04:41:11 PM
Last edit: February 21, 2018, 05:03:54 PM by JimboToronto |
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Good morning Bitcoinland.
I see we've had a dip/correction back to where we were the day before yesterday... currently $10463USD/$13250CAD (Bitcoinaverage).
It's certainly not a buyable dip in my estimation, but it does serve as a healthy correction just when things were starting to heat up a little too fast.
We don't need bubbles. We need sustained growth.
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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February 21, 2018, 04:47:04 PM |
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Is anyone else just fucking DONE with wintry weather? Can't fucking wait till the sailing season starts.
I actually prefer winter over summer. At some point you just run out of layers of clothes to take off and at that point you're still getting fucked by the sun when going outside. I'm so glad humanity has nearly perfected staying home. The good thing about hot weather is that it encourages ladies and/or gentlemen, depending on your persuasion, to wear less clothing. I was on vacation in South Beach a few weeks ago...hot girls in thongs everywhere. Going to Brazil probably next winter. Spending the spring and summer sailing. NZ is on the list too somewhere. |
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Ibian
Legendary
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Activity: 2268
Merit: 1278
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February 21, 2018, 04:48:32 PM |
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Dudes. DUDES. 'Hol up there. I promise you I'm HODLing for at least $12k... Stop saying that! Every time you say that it tanks! SAY IT MORE! |
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sirazimuth
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Activity: 3668
Merit: 3829
born once atheist
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February 21, 2018, 04:51:20 PM |
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I'd be quite happy with lower temperatures. Winter is more enjoyable with proper powder snow, and summer wouldn't make me stay inside 24/7 if it didn't cause me to sweat all fucking day.
On that note, I've read about an upcoming mini ice age a few times. Is there any recent update on that that confirms or rejects it?
Vast question. - climate is whether over 30 years. So it's too soon to tell. - There was a global warming during the last 100 years of about 0.1°C/10years - No more warming since 1998, once you remove El Nino/LaNina effects (which cancel each other in time) - Sun is probably having a period of low activity, that doesn't change much the energy it sends to us, but less activity (= less spots) means less magnetic field, means more cosmic rays reaching our atmosphere, meaning more seeded clouds, thus more albedo and then cold coming in... but this is still a theory - look here for the latest temps : https://moyhu.blogspot.fr/p/latest-ice-and-temperature-data.html#NCAR- best site ever for these questions : https://wattsupwiththat.com/- last but not least : cold kills; warm weather makes our life easier. Child support,climate change rabbit holes...meh... The “teach the controversy “/Creationism/ID lunacy is far more fun imo. Like shooting fish in a barrel.... |
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Torque
Legendary
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Activity: 3822
Merit: 5504
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February 21, 2018, 04:54:09 PM |
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No, it's not. A mega whale dumping/shorting into their own buy walls is not a bullish signal in and of itself. It only signifies a new bottom, that could just be interim. Only time will tell. |
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xhomerx10
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Activity: 4186
Merit: 9589
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February 21, 2018, 04:59:50 PM |
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Good morning Bitcoinland.
I see we've had a dip/correction back to where we were the day before yesterday... currently $19463USD/$13250CAD (Bitcoinaverage).
It's certainly not a buyable dip in my estimation, but it does serve as a healthy correction just when things were starting to heat up a little too fast.
We don't need bubbles. We need sustained growth.
I like your optimism Jimbo. Unfortunately the loonie has not appreciated that much against the greenback yet! |
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Toxic2040
Legendary
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Activity: 1834
Merit: 4197
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February 21, 2018, 04:59:59 PM |
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Just so some of you newer guys understand, the deep pocket momentum traders that got in and out Nov '17 - Jan '18 are now gone.
Sure they still might have a long position, and may be incrementally buying, but in terms of mega volatility swing trading they won't be back with deep money until one or more of the following happens:
1. Most small investors and guppie traders lose interest from lack of price action/ boredom and move on
2. Technicals show a true long term bottoming out (a cup formation)
3. Another impending bullish development, like a sudden Bitcoin ETF announcement that comes out of nowhere. Though, expect massive FUD and volatility in the months leading up to such a surprise. The insiders will know about it 6-8 months in advance.
Keep in mind that in the interim, we could literally drift sideways for a year+.
Sorry Torgue...I disagree. I alluded to this awhile ago. You can feel the difference in market dynamics compared to pre-2017. Where as before we used to see huge volatility in the hourly charts now the price moves are very methodical. Cushioned is the word I think I used. The sure sign of deep pocket money accumulating on low volume imo. |
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Ibian
Legendary
Offline
Activity: 2268
Merit: 1278
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February 21, 2018, 05:01:54 PM |
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I'd be quite happy with lower temperatures. Winter is more enjoyable with proper powder snow, and summer wouldn't make me stay inside 24/7 if it didn't cause me to sweat all fucking day.
On that note, I've read about an upcoming mini ice age a few times. Is there any recent update on that that confirms or rejects it?
Vast question. - climate is whether over 30 years. So it's too soon to tell. - There was a global warming during the last 100 years of about 0.1°C/10years - No more warming since 1998, once you remove El Nino/LaNina effects (which cancel each other in time) - Sun is probably having a period of low activity, that doesn't change much the energy it sends to us, but less activity (= less spots) means less magnetic field, means more cosmic rays reaching our atmosphere, meaning more seeded clouds, thus more albedo and then cold coming in... but this is still a theory - look here for the latest temps : https://moyhu.blogspot.fr/p/latest-ice-and-temperature-data.html#NCAR- best site ever for these questions : https://wattsupwiththat.com/- last but not least : cold kills; warm weather makes our life easier. Keeping in mind of course that things like math is still a theory. Hypothesis may be a better term. Also also keeping in mind that it's the left that are going on about the weather. |
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Torque
Legendary
Offline
Activity: 3822
Merit: 5504
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February 21, 2018, 05:05:04 PM |
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Sorry Torgue...I disagree. I alluded to this awhile ago. You can feel the difference in market dynamics compared to pre-2017. Where as before we used to see huge volatility in the hourly charts now the price moves are very methodical. Cushioned is the word I think I used. The sure sign of deep pocket money accumulating on low volume imo.
Well I kinda implied that accumulation may be happening on the dl, but that doesn't mean that we're going to hit a new ATH in a month or two like people are expecting. They could accumulate like this for 6-8 months, hell even a year+. And we might see nothing but a sideways movement with a slight upward drift during that whole time. |
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flynn
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February 21, 2018, 05:14:17 PM |
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Keeping in mind of course that things like math is still a theory. Hypothesis may be a better term.
Blame my poor English skills Also also keeping in mind that it's the left that are going on about the weather.
Yes, the matter is highly political. leftists and globalists uses this as FUD to promote their agenda. What bugs me the most is that they falsify science to do that. |
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