4rt3m
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June 09, 2018, 05:34:39 PM |
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BITCOIN NOT BLOCK-CHAIN GET IT RIGHT!!! =) WEEEEEEEEE
I know, I know, but he was talking about crypto currency and as Phil_S spotted, had experience to exchange Bitcoins as very early-adopter. Actually I think that officials use ‘blockchain’ word as euphemism to Bitcoin in most cases.
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Torque
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Activity: 3696
Merit: 5276
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June 09, 2018, 05:40:29 PM |
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Many people think that Bitcoin's price action is just pure speculation and completely disconnected from other markets, like equities, commodities, hedge markets, PMs, etc. But if you ascribe to the notion that : a) Bitcoin could be a safe haven hedge like PMs, and that b) the equities market is topping and looks really strained/risky, along with c) what is happening to the emerging markets, hyperinflation countries, and with d) Central Banks insolvencies, the Deutsche Bank downgrade, etc. Well then.... the Bitcoin price action over the last 2 years makes perfect sense in that context.
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4rt3m
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June 09, 2018, 05:48:39 PM |
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It's pretty amazing to see a banker who experimented with bitcoin that early, when the price was ~$0,38/BTC. More interesting that’s it’s not a regular banker, he’s a CEO of the biggest Russian government-affiliated Sberbank.
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infofront (OP)
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Shitcoin Minimalist
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June 09, 2018, 05:51:26 PM |
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Stop me before troll side pulls me in. Someone! please trash my trading approach here/ Okay. It looks like you're trying to trade tops and bottoms, but you can't call tops and bottoms until far after the fact.
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Ludwig Von
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June 09, 2018, 06:26:01 PM |
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Many people think that Bitcoin's price action is just pure speculation and completely disconnected from other markets, like equities, commodities, hedge markets, PMs, etc. But if you ascribe to the notion that : a) Bitcoin could be a safe haven hedge like PMs, and that b) the equities market is topping and looks really strained/risky, along with c) what is happening to the emerging markets, hyperinflation countries, and with d) Central Banks insolvencies, the Deutsche Bank downgrade, etc. Well then.... the Bitcoin price action over the last 2 years makes perfect sense in that context. And soon it will make more sense... .
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FractalUniverse
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June 09, 2018, 07:40:56 PM |
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... Guess it depends where you draw the lines at..it looks bearish to me..upwards rising pennant. I put the "top" line in a funny area so it looks almost bullish I suppose.. Meh..there are no flags(spoons)..remember? im just trying to read from tea leaves. But i dont think this line will give way from here with this no volume market. I see it more likely that [if it should break down at all] it will bump or creep up slowly much higher first, and then come straight down with force-without sitting close to trendline for days.
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Toxic2040
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June 09, 2018, 08:26:33 PM |
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im just trying to read from tea leaves. But i dont think this line will give way from here with this no volume market. I see it more likely that [if it should break down at all] it will bump or creep up slowly much higher first, and then come straight down with force-without sitting close to trendline for days.
You have tea leaves?? Hella more than I was offered thats for sure. Use what you got. I do believe $7kish was our bottom. I also believe it might be retested late summer at some point..but I doubt this week. ----------- I am observing the little bastard closely..that squirrel looks like he's ready to bolt..but who knows which way. Up is looking likely to test resistance at $7.95k, support appears firm at $7.575k. He is definitely taking a long hard look that is for sure. The trailing indicator is about to slam into the wall soon..have to see if it bends upwards or plows straight through. Do we continue to hover until the daily close for a possible doji? Stay tuned.. #dyor #stronghands #cryptouplift #btfd
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4rt3m
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June 09, 2018, 08:33:10 PM |
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I love this game.
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El duderino_
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Activity: 2646
Merit: 12954
BTC + Crossfit, living life.
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ivomm
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Activity: 1884
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All good things to those who wait
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June 09, 2018, 10:03:01 PM |
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infofront (OP)
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Activity: 2646
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Shitcoin Minimalist
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June 09, 2018, 11:03:08 PM |
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CFTC Comissioner Behnam:Let me repeat that: these currencies are not going away and they will proliferate to every economy and every part of the planet. Some places, small economies, may become dependent on virtual assets for survival. And, these currencies will be outside traditional monetary intermediaries, like government, banks, investors, ministries, or international organizations.
We are witnessing a technological revolution. Perhaps we are witnessing a modern miracle.
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bones261
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Merit: 1828
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June 10, 2018, 12:20:30 AM Merited by BobLawblaw (1) |
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Perhaps this is a good excuse to have a relapse.
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BTCHadzija
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June 10, 2018, 12:30:14 AM |
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what do you guys think which way this ascending triangle is going to break? upwards movement would pave the way to at least 9000 Well, I got my answer by monday at last we'll have btc at 7100, maybe even earlier and maybe even lower protect your funds, friends
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nikauforest
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June 10, 2018, 12:46:18 AM |
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I hate to be a bear...I think we have a good chance of hitting 4900 -5200 in July to August. Hopefully that would form a bottom. Again it is anyone's guess.
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jadenunderhill
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June 10, 2018, 12:52:12 AM |
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I hate to be a bear...I think we have a good chance of hitting 4900 -5200 in July to August. Hopefully that would form a bottom. Again it is anyone's guess. real botom is 2-2.5. Even this forum "oracle" masterluc predicted that before. The sad thing is that this level can be for a long (2-3 years) period. Sad but true.
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luckygenough56
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Activity: 1526
Merit: 1012
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June 10, 2018, 12:57:09 AM |
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there we go road to 3000, the path is open lol
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rolling
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June 10, 2018, 12:57:42 AM |
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I hate to be a bear...I think we have a good chance of hitting 4900 -5200 in July to August. Hopefully that would form a bottom. Again it is anyone's guess. real botom is 2-2.5. Even this forum "oracle" masterluc predicted that before. The sad thing is that this level can be for a long (2-3 years) period. Sad but true. Hey, if there is someone left dumb enough to sell at that price, then we need to get there and get those coins bought so we can launch. I know mine aren't for sale until we are over 100k. That could take a few years but if someone wants to sell theirs for 2-2.5, then lets get there!
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yefi
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June 10, 2018, 12:59:56 AM |
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there we go road to 3000, the path is open lol
The probability that you win micgoossens' bet is increasing, but don't get too cocky yet
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jadenunderhill
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June 10, 2018, 01:01:58 AM |
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I hate to be a bear...I think we have a good chance of hitting 4900 -5200 in July to August. Hopefully that would form a bottom. Again it is anyone's guess. real botom is 2-2.5. Even this forum "oracle" masterluc predicted that before. The sad thing is that this level can be for a long (2-3 years) period. Sad but true. Hey, if there is someone left dumb enough to sell at that price, then we need to get there and get those coins bought so we can launch. I know mine aren't for sale until we are over 100k. That could take a few years but if someone wants to sell theirs for 2-2.5, then lets get there! Why not? If they bought them for $100-500.
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