DeathAngel
Legendary
 Offline
Activity: 3108
Merit: 1597
#1 VIP Crypto Casino
|
 |
March 05, 2018, 02:39:10 PM |
|
The price rising from below $8,xxx to seemingly finding support at $10,xxx & now stabilising above $11,xxx is very bullish imo. I think we could soon be moving back into the teens.
Dat bitcoin!
BTC
When Lambo!?  Soon my friend. $100,000 by 2021 Q3  |
|
|
|
|
|
|
|
|
|
|
|
|
|
You get merit points when someone likes your post enough to give you some. And for every 2 merit points you receive, you can send 1 merit point to someone else!
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
Vlada69
Jr. Member
Offline
Activity: 238
Merit: 5
|
|
March 05, 2018, 02:50:32 PM |
|
The price rising from below $8,xxx to seemingly finding support at $10,xxx & now stabilising above $11,xxx is very bullish imo. I think we could soon be moving back into the teens.
Dat bitcoin!
BTC
When Lambo!? Soon my friend. $100,000 by 2021 Q3 Also predicted something like that 1k 2014, 20k 2017, 120k 2022  |
|
|
|
|
bitcoinPsycho
Legendary
 Online
Activity: 2478
Merit: 2077
$120000 in 2024 Confirmed
|
|
March 05, 2018, 03:29:53 PM |
|
The price rising from below $8,xxx to seemingly finding support at $10,xxx & now stabilising above $11,xxx is very bullish imo. I think we could soon be moving back into the teens.
Dat bitcoin!
BTC
When Lambo!? Soon my friend. $100,000 by 2021 Q3 I think you'll find its 2019 |
|
|
|
|
Torque
Legendary
Offline
Activity: 3556
Merit: 5041
|
|
March 05, 2018, 03:35:36 PM |
|
The price rising from below $8,xxx to seemingly finding support at $10,xxx & now stabilising above $11,xxx is very bullish imo. I think we could soon be moving back into the teens.
Dat bitcoin!
BTC
When Lambo!? Soon my friend. $100,000 by 2021 Q3 I think you'll find its 2019 Even if by 2021 (Oh the horror!), would literally crush all other appreciating assets |
|
|
|
|
STT
Legendary
Offline
Activity: 3906
Merit: 1413
Leading Crypto Sports Betting & Casino Platform
|
Hate to be boring but you dont want a Lambo. Its a depreciating asset with limited utility worth and high cost to maintain and insure. A smart guy buys property which has utility worth and hopefully far smaller percentage costs. Worst thing to do is to take an appreciating asset like crypto where you got lucky to be in the right sector at the right time and switch into something that loses you money and makes you poorer over time. Some time in the future this wont be the hot sector any more, it'll just be another sector thats idling with various people doing work perhaps but it'll come off the boil and not be as exciting. Thats just market development, standard capitalism I guess. Thats presuming it is a real market, we benefit from those who still wont recognise or compete in crypto and leave the spoils for others. Like Warren Buffet says gold is trash we take from ground and put back in the ground, no worth. However gold has performed better then his results of the last 18 years apparently. So he missed the picture somewhere, probably a similar dynamic occurring with crypto. It wont always be true, Buffet won the last five years vs gold. Ditto Crypto, it wont always the hot stock hence I wouldnt buy that lambo tbh :p or anything that silly, I'd rather put down the deposit on the house I need  Regular staircase pattern of rising price in BTC. Theres an obvious double top situation to contend, so obvious its a magnet like effect. 11788 upper and 11259 as a baseline to measure strength. |
|
|
|
|
Torque
Legendary
Offline
Activity: 3556
Merit: 5041
|
|
March 05, 2018, 03:53:24 PM
Last edit: March 05, 2018, 04:06:30 PM by Torque Merited by BobLawblaw (1) |
|
Like Warren Buffet says gold is trash we take from ground and put back in the ground, no worth. However gold has performed better then his results of the last 18 years apparently. So he missed the picture somewhere, probably a similar dynamic occurring with crypto. It wont always be true, Buffet won the last five years vs gold. Ditto Crypto, it wont always the hot stock hence I wouldnt buy that lambo tbh :p or anything that silly, I'd rather put down the deposit on the house I need
Agreed. Warren also took a huge silver position one time, but then sold it off about 4 years too soon. Ten years ago, ol' Warren also slammed Google as a good investment, claiming that he had no way to correctly valuate Google and so wasn't going to invest a dime (six years ago he put his money into IBM instead). Now ten years later, he's going around saying how badly he misjudged Google and "missed the boat." He barely got out of his IBM position without taking massive losses. Now he is singing the praises of Apple... about a decade too late (just like he did with IBM). It seems that with technology, ol' Warren is always "a day late and a dollar short". Will he be eating his words on Bitcoin too in 5-10 years? Only time will tell. |
|
|
|
|
Toxic2040
Legendary
Offline
Activity: 1792
Merit: 4141
|
|
March 05, 2018, 03:59:29 PM |
|
 Which path shall it be? As shown by the flattening of the MACD, the market is undecided. If you look at the spacing between the Feb dip and the one towards the end of the month, you can see that it makes more sense if the wave structure is further "apart". I personally favor the Kessel run in under twelve parsecs(fig. 1) over Red Route One(fig. 2) but thats just me. |
|
|
|
|
fragout
Legendary
Offline
Activity: 1279
Merit: 1018
|
|
March 05, 2018, 04:11:08 PM |
|
Which path shall it be? As shown by the flattening of the MACD, the market is undecided. If you look at the spacing between the Feb dip and the one towards the end of the month, you can see that it makes more sense if the wave structure is further "apart". I personally favor the Kessel run in under twelve parsecs(fig. 1) over Red Route One(fig. 2) but thats just me. Its an interesting price point at the moment. It was the start of the crazy back in DEC 6th. Tested in January multiple times and finally failed on the 28th. Tested again and failed Feb 20th and now testing again. |
|
|
|
|
jojo69
Legendary
Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
|
|
March 05, 2018, 04:19:08 PM |
|
B'awb
what is that on the horizon?
|
|
|
|
|
cAPSLOCK
Legendary
Offline
Activity: 3738
Merit: 5127
Whimsical Pants
|
|
March 05, 2018, 04:25:28 PM |
|
B'awb
what is that on the horizon?
(l'ol at B'awb... B'audiploblaw?) |
|
|
|
|
Toxic2040
Legendary
Offline
Activity: 1792
Merit: 4141
|
|
March 05, 2018, 04:32:39 PM |
|
Its an interesting price point at the moment. It was the start of the crazy back in DEC 6th. Tested in January multiple times and finally failed on the 28th. Tested again and failed Feb 20th and now testing again.
Funny that you mention that.. More data. This really sharpens and connects things imo. #dyor  |
|
|
|
|
JimboToronto
Legendary
Offline
Activity: 4004
Merit: 4473
You're never too old to think young.
|
|
March 05, 2018, 05:01:52 PM |
|
Good morning Bitcoinland.
Still going sideways I see... currently $11520USD/$14942CAD (Bitcoinaverage).
I think we've had enough consolidation for now. Let's move on up.
|
|
|
|
|
scum
Member
Offline
Activity: 83
Merit: 14
|
|
March 05, 2018, 05:05:40 PM |
|
A smart guy buys property which has utility worth and hopefully far smaller percentage costs.
A house can cost a surprising amount of money to maintain, and this is the result if you don't keep spending money on it.  Bitcoin costs nothing to maintain. Keep hodling long enough and it will give you a good return. |
|
|
|
|
Torque
Legendary
Offline
Activity: 3556
Merit: 5041
|
|
March 05, 2018, 05:17:51 PM |
|
Accumulation is happening again. But note that at these price levels, this accumulation could go on for a very long time.
You guys may die of complete boredom in the interim.
|
|
|
|
|
Wekkel
Legendary
Offline
Activity: 3108
Merit: 1531
yes
|
|
March 05, 2018, 05:37:56 PM Merited by bitebits (1), itod (1) |
|
I can wait.
|
|
|
|
|
bitserve
Legendary
Offline
Activity: 1820
Merit: 1464
Self made HODLER ✓
|
|
March 05, 2018, 05:39:32 PM |
|
Accumulation is happening again. But note that at these price levels, this accumulation could go on for a very long time.
You guys may die of complete boredom in the interim.
What timeframe are you talking about here? Months? Years? |
|
|
|
|
Tzupy
Legendary
Offline
Activity: 2128
Merit: 1074
|
|
March 05, 2018, 05:40:53 PM |
|
A major dump could make PSAR flip to bearish in quick succession, for the 1h, 2h, 6h and 12h time frames.
|
|
|
|
|
jojo69
Legendary
Offline
Activity: 3164
Merit: 4345
diamond-handed zealot
|
|
March 05, 2018, 05:42:25 PM |
|
Torque's patented accumulation timer.  |
|
|
|
|
infofront (OP)
Legendary
Offline
Activity: 2632
Merit: 2780
Shitcoin Minimalist
|
|
March 05, 2018, 05:42:46 PM |
|
Accumulation is happening again. But note that at these price levels, this accumulation could go on for a very long time.
You guys may die of complete boredom in the interim.
But I want my Lambo noooooooooowww!  |
|
|
|
|
Torque
Legendary
Offline
Activity: 3556
Merit: 5041
|
|
March 05, 2018, 05:43:35 PM |
|
Accumulation is happening again. But note that at these price levels, this accumulation could go on for a very long time.
You guys may die of complete boredom in the interim.
What timeframe are you talking about here? Months? Years? Could be 8 months to a year. Note that I'm not saying the price won't move up during that timeframe, but just don't expect another 5x or 10x in 3-5 months. We'd be lucky to be back to $20k by year end. A gradual +5-8%/month is probably more like it. The only thing that could rapidly change the game at this point, is something uber bullish like an ETF approval. I don't feel like that has been "priced in" yet. |
|
|
|
|
|
Poll
