windjc
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January 29, 2018, 11:52:35 PM |
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Anyone use Genesis Trading?
I do. Minimum buy/sell of $75k though. I like that. That means much more dedicated support for me instead having to wait behind 1,000,000 people with $100 on bitstamp/coinbase. It’s especially great for sells. Same day wires. First class service.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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January 29, 2018, 11:54:02 PM |
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[https://i.imgur.com/dJ4KgoR.png[/img]
Last year, there were only three red volume months; January, March and September. September dumped because of profit taking after Segwit activated last August 24.
However, Bitcoin quickly recovered and rallied to its peak during the launch of CME Futures last December 18. So basically, January 2018 is a month of profit taking by speculators who bought prior to the CME hype.
This February will define if Bitcoin will continue its uptrend to $33,000 after the January correction.
The monthly chart shows strong support along $10,000 which also a psychological level.
Daily chart Some bullish traders are expecting a repeat of the fractal patterns made before.
On Balance volume indicates a steady stream of money coming in despite the price decline.
Hopeful bulls are waiting around the 200 day MA ($8,963) to buy in.
Trade setup:
Buy/long the breakup/breakout of the triangle. Sell/short the breakdown of the triangle.
Buy along the 200 day Moving Average.
Do you have to be a paid member on Trading View to see the 200 day moving average?, because I was wanting to attempt to verify this for myself. I have heard some folks proclaiming that the 200 day moving average is in the mid $7000s, and so your proclamation of a 200 day moving average to be nearly $9k is surely a better number, from my perspective (because it is higher). But verification? How to calculate it? On a TradingView graph, click on the "Indicators" button at the top. It's the one with the bars and a zigzag line. A menu comes up, Moving Average is one of the possible choices. After you OK it, your graph has the moving average added. Not sure about the defaults -anyway, if doesn't show the 200-day MA, but some other length, you've got to click on the cog button in the upper left near the new Moving Average label. You can choose 200 (if you're looking at the daily chart), and there it is. By using your instructions, I think that I have come a little bit further in my use of trading view tools, and I see EMA, but the EMA only goes up to 55 on the daily, but if I show EMA 30 on the weekly, then isn't that almost the same as a 200 day moving average - a 210 day moving average, measured by the week... maybe not exact, but in the ballpark? Currently the EMA 30 is showing approximately a price of $8,861 on Bitstamp.
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conspirosphere.tk
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Bitcoin is antisemitic
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January 30, 2018, 12:02:04 AM Merited by JayJuanGee (1) |
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By using your instructions, I think that I have come a little bit further in my use of trading view tools, and I see EMA, but the EMA only goes up to 55 on the daily, but if I show EMA 30 on the weekly, then isn't that almost the same as a 200 day moving average - a 210 day moving average, measured by the week... maybe not exact, but in the ballpark? Currently the EMA 30 is showing approximately a price of $8,861 on Bitstamp.
EMA is exponential (gives more weight to more recent data). If you want simple moving average choose MA, there you can have 200 days.
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JayJuanGee
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January 30, 2018, 12:23:52 AM |
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- I feel like I am devolving from BTC price speculation down to random brainstorming regarding energy generation speculation with little to no grounding. I am detecting some cognitive dissonance reading thru the last several pages. What else is new in regards to this thread? Reminds me of someone. Reminds me of someone. ... who's been silent lately.
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ChinkyEyes
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January 30, 2018, 12:31:18 AM |
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Thanks for sharing! That is a good one! I lol'd at the ripple part
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Toxic2040
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January 30, 2018, 12:35:12 AM |
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Arriemoller
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Cлaвa Укpaїнi!
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January 30, 2018, 12:38:42 AM |
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sometimes I actually wonder if this whole crypto thing is just one mega giant hoax (bigger than the religion one) perpetrated on the greed of all of humanity by space aliens...
No need for space aliens. It's the Illuminati. But are not the Illuminati just a tool for the space aliens?
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Arriemoller
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Cлaвa Укpaїнi!
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January 30, 2018, 12:39:00 AM Merited by JayJuanGee (1) |
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I recall that there are some folks researching into ways that they can either use the heat or generate some additional electricity from the mining heat by-product.
I have had some discussions with power station engineers. The crux of it is that low grade heat (anything that is not hot enough to boil water) is considered a waste product and dumped to the atmosphere. And these are fancy, high efficiency co-gen plants. So it seems pretty unlikely that they will be able to generate electricity if not producing over 100 C (which I assume not). My information is about 8 years old so it is possibly out of date. The new owner of the old KNC Miner rigs are selling the excess heat to neighboring industries.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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January 30, 2018, 12:50:52 AM |
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By using your instructions, I think that I have come a little bit further in my use of trading view tools, and I see EMA, but the EMA only goes up to 55 on the daily, but if I show EMA 30 on the weekly, then isn't that almost the same as a 200 day moving average - a 210 day moving average, measured by the week... maybe not exact, but in the ballpark? Currently the EMA 30 is showing approximately a price of $8,861 on Bitstamp.
EMA is exponential (gives more weight to more recent data). If you want simple moving average choose MA, there you can have 200 days. I may be doing something wrong... because whenever i try to click on Moving average options, I get an upgrade to paying member prompting window.... Also, I may be o.k. with the EMA, too, since it seems to be close to the MA, and maybe I could move to a longer time-frame too (such as the EMA 35 - which is currently providing $8241), in order to balance it out? Or even averaging between $8861 and $8241, would put it around $8550 - good enough for me to become a couch potato BTC TA expert wannabe.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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January 30, 2018, 01:06:35 AM |
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That's a raccoon, and not a honey badger, but close enough.... let's go recover our food from the picnic food stealing bear(s).
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Last of the V8s
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Be a bank
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January 30, 2018, 01:37:18 AM |
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RoomBot
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January 30, 2018, 01:56:48 AM |
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Yep, and Racist-in-Chief Drumpf just levied a whopping 30% tax on solar. Oh, you watch CNN too ? NOOOOOOOOOOOO! RT.com The only news & talk shows not pwned by US corporations. Boom Bust, Max Keiser. Ed Schultz... & others kicked off CNN, like crazy-@$$ Jesse Ventura who always makes a few good points & zingers.
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rafanadal
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January 30, 2018, 02:00:10 AM |
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Why is btc price falling again? more bad news ?
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jojo69
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diamond-handed zealot
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January 30, 2018, 02:05:22 AM |
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trying really hard to NOT bounce off this ascending line here...9800 next?
We break that line, we're testing 8500
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RoomBot
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January 30, 2018, 02:07:23 AM |
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trying really hard to NOT bounce off this ascending line here...9800 next?
We break that line, we're testing 8500
Nooooooooooooooooooooooooooooooooooooooooooo...............................
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Torque
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January 30, 2018, 02:07:34 AM Last edit: January 30, 2018, 02:19:59 AM by Torque |
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Anyhow, what I am suggesting is that you are likely correct about everything except the preplanning part because even preplanning causes some changes around and replanning and adapting to new circumstances, instead of someone happening to actually know the future within any kind of reasonable realm of certainty. Sorry JJG, but you are just flat out wrong. Insiders trade on secret knowledge at least 6-12 months in advance of the public all the time. It happens in the stock market all. the. time. You really think that the CBOE just whipped up the Bitcoin Futures market in a month's time?? Like they just pulled it out of their ass at the last minute? No fucking way, not a chance. Launching a futures market takes WAY more planning than that. They were planning and discussing it in meeting after meeting for over a year before it launched. And insiders knew about those meetings first. Just because you think it doesn't occur doesn't mean shit. Try day trading in the stock market sometime... you will get rekt.
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Rosewater Foundation
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January 30, 2018, 02:11:03 AM |
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trying really hard to NOT bounce off this ascending line here...9800 next?
We break that line, we're testing 8500
Nooooooooooooooooooooooooooooooooooooooooooo...............................
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jojo69
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diamond-handed zealot
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January 30, 2018, 02:12:26 AM |
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where you been rose?
miss you man
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Rosewater Foundation
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January 30, 2018, 02:14:33 AM |
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where you been rose?
miss you man
Bearish trends aren't very much fun. I don't know what to say.
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Torque
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January 30, 2018, 02:18:06 AM |
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