|
|
|
|
|
Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
inca
Legendary
Offline
Activity: 1176
Merit: 1000
|
|
June 10, 2015, 02:06:45 PM |
|
<troll crap>
If you believe that, you should short as hard as you can. I believe they are bringing fiat liquidity to the market, making the value of their own coins increase. Hodling their own coins and buying coins on exchanges for the ETF. That's what I would do in their shoes. Stop talking to the troll
|
|
|
|
Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
|
|
June 10, 2015, 02:12:07 PM |
|
Thx, I understand that he is a respected analyst, but didn't his last chart put us in the low 100s by now?
|
|
|
|
biggus dickus
|
|
June 10, 2015, 02:12:54 PM |
|
That was from about two days ago when the price was around 229. He said that prediction was only valid if the price topped out at around 229. It's gone up to 232 since then so it's looking like it might not work out as he predicted.
|
|
|
|
Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
|
|
June 10, 2015, 02:54:24 PM |
|
That was from about two days ago when the price was around 229. He said that prediction was only valid if the price topped out at around 229. It's gone up to 232 since then so it's looking like it might not work out as he predicted. Are these predictions that sensitive? You could say it overshot a bit and the top is $229, which it seems to be hovering around atm.
|
|
|
|
ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
June 10, 2015, 02:57:19 PM |
|
|
|
|
|
phoenix1
|
|
June 10, 2015, 03:02:51 PM |
|
DanV update:
<snip>
Thx, I understand that he is a respected analyst, but didn't his last chart put us in the low 100s by now? Late June - August was his timeframe for that count Still, we are not making much progress towards it!
|
|
|
|
|
biggus dickus
|
|
June 10, 2015, 03:03:45 PM |
|
That was from about two days ago when the price was around 229. He said that prediction was only valid if the price topped out at around 229. It's gone up to 232 since then so it's looking like it might not work out as he predicted. Are these predictions that sensitive? You could say it overshot a bit and the top is $229, which it seems to be hovering around atm. I don't know but he didn't seem too sure of himself when he made his prediction. The quote below is the advice he gave with the chart. Hi All. Good Evening. Not entirely sure of the counts in that if it is a leading diagonal but could well be if it tops out in this area. It's gone slightly higher than he predicted but he also predicted it would have already have gone down heavily by now. It might work out like he said but he did say he wasn't entirely sure.
|
|
|
|
phoenix1
|
|
June 10, 2015, 03:15:18 PM |
|
Are these predictions that sensitive? You could say it overshot a bit and the top is $229, which it seems to be hovering around atm.
Some of them are. In this one, he was suggesting it could be a leading diagonal - in which case it has to remain within the bounds of a diagonal channel. It was very close to the top of said diagaonal when he made the forecast, hence why he was unsure and why invalidation can happen within a few $'s Also I did not see anytinhg said about a sharp drop - the arrow is intended to show direction, not exact path or timing FWIW, it looks pretty much invalidated to me now, but I am no expert.
|
|
|
|
Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
|
|
June 10, 2015, 03:24:15 PM |
|
DanV update:
<snip>
Thx, I understand that he is a respected analyst, but didn't his last chart put us in the low 100s by now? Late June - August was his timeframe for that count Still, we are not making much progress towards it! Just looking at this from May, June 10th is at $133-$134.
|
|
|
|
phoenix1
|
|
June 10, 2015, 03:26:46 PM |
|
@Fatman Can you read the bit that says 'Back end of June to August' ? At the bottom of the red arrow ? That is his target zone ... price and time I know you want to slice him up, but not reading what he has posted is not the way to do it
|
|
|
|
Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
|
|
June 10, 2015, 03:33:02 PM Last edit: June 10, 2015, 03:44:12 PM by Fatman3001 |
|
@Fatman Can you read the bit that says 'Back end of June to August' ? At the bottom of the red arrow ? That is his target zone ... price and time (X)I know you want to slice him up, but not reading what he has posted is not the way to do it Nope, I don't think I'm looking at the same stuff as you do. Edit: Ok, I'm there,sry Edit 2: Regarding X. No, I want him to start posting choo choo trains!
|
|
|
|
phoenix1
|
|
June 10, 2015, 03:45:37 PM |
|
@Fatman Can you read the bit that says 'Back end of June to August' ? At the bottom of the red arrow ? That is his target zone ... price and time (X)I know you want to slice him up, but not reading what he has posted is not the way to do it Nope, I don't think I'm looking at the same stuff as you do. Edit: Ok, I'm there,sry Edit 2: Regarding X. No, I want him to start posting choo choo trains! LOL!! I see, you want him to post bullish counts and be right ! Fair Enough ! Unfortunately, even if we go above $250 (which would invalidate that particular chart but not his overall EW count), I'm afraid he won't be doing that yet. Sorry, he's going to have to remain in your 'unfavoured analysts list' a while longer
|
|
|
|
Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
|
|
June 10, 2015, 03:53:37 PM |
|
@Fatman Can you read the bit that says 'Back end of June to August' ? At the bottom of the red arrow ? That is his target zone ... price and time (X)I know you want to slice him up, but not reading what he has posted is not the way to do it Nope, I don't think I'm looking at the same stuff as you do. Edit: Ok, I'm there,sry Edit 2: Regarding X. No, I want him to start posting choo choo trains! LOL!! I see, you want him to post bullish counts and be right ! Fair Enough ! Unfortunately, even if we go above $250 (which would invalidate that particular chart), I'm afraid he won't be doing that yet. Sorry, he's going to have to remain in your 'unfavoured analysts list' a while longer Consistently! I wanna buy a boat too! HONK! HONK!
|
|
|
|
ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
|
|
June 10, 2015, 03:57:18 PM |
|
|
|
|
|
dakota neat
|
|
June 10, 2015, 04:02:41 PM |
|
let's end this embarrassing pathetic bear market finally. it lasted way to long. i'm tired of the ugliness.
but still. better lose a few k fiat before missing the train when this thing lifts off. believe me. i've been through both. fomo is much worse and that's because deep inside you know what bitcoin will be.
give up, bears. you can be happy again and leave the ugliness.
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
June 10, 2015, 04:18:21 PM |
|
holy fuck this is a boring ass day
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
June 10, 2015, 04:21:30 PM |
|
|
|
|
|
adamstgBit
Legendary
Offline
Activity: 1904
Merit: 1037
Trusted Bitcoiner
|
|
June 10, 2015, 04:22:24 PM |
|
finally some excitement
|
|
|
|
|