Tzupy
Legendary
 Offline
Activity: 2128
Merit: 1074
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I was waiting for a decision, between bullish and bearish scenarios, since 6h PSAR was close to flip to bullish, and 12h PSAR close to flip to bearish. With this bi-directional spike, both flipped, so no clue how this will unfold...  Where do you think we are compared to 2015? Or do you see it unfolding differently than back then? If this will play similar to 2015, then about 6 months from now weekly MACD should cross into positive. But I suspect this bear market is of a higher order than the 2014 one, so I wouldn't count on a quick recovery. |
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Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
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Neo_Coin
Sr. Member
Offline
Activity: 1204
Merit: 293
"Be Your Own Bank"
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March 14, 2019, 08:41:24 PM |
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Tether is probably a fractional reserve scheme, also they are now clearly saying that they use money to buy "other assets" than dollar and that (if I understand well) they give loans to "affiliates".
That's pretty much a plain admission of scam to me. They are basically acting as a filthy bank, gambling your money for (their) profits.
Am I understanding well the significance of the statement?
Breaking news: Tether is a shitcoin No problem, there is USDC, the Coinbase stablecoin  |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
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March 14, 2019, 08:51:38 PM |
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I was waiting for a decision, between bullish and bearish scenarios, since 6h PSAR was close to flip to bullish, and 12h PSAR close to flip to bearish. With this bi-directional spike, both flipped, so no clue how this will unfold... Where do you think we are compared to 2015? Or do you see it unfolding differently than back then? If this will play similar to 2015, then about 6 months from now weekly MACD should cross into positive. But I suspect this bear market is of a higher order than the 2014 one, so I wouldn't count on a quick recovery. weekly macd is positive now? do you mean it has to go red again first over these 6 months? |
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JayJuanGee
Legendary
Offline
Activity: 3696
Merit: 10134
Self-Custody is a right. Say no to"Non-custodial"
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March 14, 2019, 09:09:26 PM |
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There are multiple reasons. 1) The bear market. Basically, people lost interest in crypto. 2) The new merit system. Many of us got our legendary hero ranks before this new system and Many of us would still got so many merits and become legendaries in the new system too but newbies are very afraid of it. Most of them simply don't care about posting quality content anymore. Just spam and go. 3) No more good sig camps. And the requirements for the existing ones are very high so again, newcomers don't like it. All newb accounts are spamming ICO crap. The major reason is the bear market probably. Bitcoin lost more than half of its ATH value so losing only 1/3 of the forum members/activity is kinda success. Could have been worse. 4) centralization by moderators. 5) accusation 6) Porn, drugs .. etc When did number 6 join the party, apparently I'm blind. It's because rebal15 just makes up random shit to attempt to see if anything might stick. Probably does not have a brain.  |
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Findingnemo
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March 14, 2019, 09:10:15 PM |
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Anything can happen at any time.No one can escape from death.  Remembering final destination scenes. |
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Toxic2040
Legendary
Offline
Activity: 1792
Merit: 4141
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March 14, 2019, 09:12:17 PM |
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I was waiting for a decision, between bullish and bearish scenarios, since 6h PSAR was close to flip to bullish, and 12h PSAR close to flip to bearish. With this bi-directional spike, both flipped, so no clue how this will unfold... Where do you think we are compared to 2015? Or do you see it unfolding differently than back then? If this will play similar to 2015, then about 6 months from now weekly MACD should cross into positive. But I suspect this bear market is of a higher order than the 2014 one, so I wouldn't count on a quick recovery. weekly macd is positive now? do you mean it has to go red again first over these 6 months? Think he means when we cross over the base line or zero line.  For those of you that need to bone up on your indicator knowledge...here is a start. https://www.investopedia.com/terms/m/macd.aspHere is one example we might be experiencing. "False positive" divergence often occurs when the price of an asset moves sideways, such as in a range or triangle pattern following a trend. A slowdown in the momentum - sideways movement or slow trending movement - of the price will cause the MACD to pull away from its prior extremes and gravitate toward the zero line even in the absence of a true reversal. |
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Hueristic
Legendary
Offline
Activity: 3794
Merit: 4863
Doomed to see the future and unable to prevent it
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March 14, 2019, 09:19:03 PM |
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Where the fuck is Bob?
Transferring his grin from the pool to the wallet. That'll take a day.  |
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Tzupy
Legendary
Offline
Activity: 2128
Merit: 1074
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I was waiting for a decision, between bullish and bearish scenarios, since 6h PSAR was close to flip to bullish, and 12h PSAR close to flip to bearish. With this bi-directional spike, both flipped, so no clue how this will unfold... Where do you think we are compared to 2015? Or do you see it unfolding differently than back then? If this will play similar to 2015, then about 6 months from now weekly MACD should cross into positive. But I suspect this bear market is of a higher order than the 2014 one, so I wouldn't count on a quick recovery. weekly macd is positive now? do you mean it has to go red again first over these 6 months? No, weekly MACD (the signal) is deeply into negative now, but MACD divergence has crossed into green 5 weeks ago. And the weekly MACD signal also made a bearish divergence with the April 2018 MACD low (both lower price and lower MACD). What I mean is that the weekly MACD signal should cross into positive, in order to make the case for a bull market, but I don't see this happening soon. In the meantime, I hope the 5200$ scenario becomes true, I am still long (bought just before the Feb 8th pump). |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
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March 14, 2019, 09:36:17 PM |
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TIL  thanks both  |
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Hueristic
Legendary
Offline
Activity: 3794
Merit: 4863
Doomed to see the future and unable to prevent it
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March 14, 2019, 09:37:06 PM |
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Why the fuck does everyone post this shit site as if it was an accredited news source? |
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fillippone
Legendary
 Online
Activity: 2142
Merit: 15370
Fully fledged Merit Cycler - Golden Feather 22-23
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March 14, 2019, 09:55:17 PM |
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CME futures have always been traded an order of magnitude more in volumes. Bad news, but not dramatic. Bad news for Gemini used as a venue for price fixing, this is particularly true as they wanted to use that same pricing for fixing price of an hypothetical ETF. Please remember what I am used to say: “It is not Bitcoin that neeeds Wall Street, it is Wall Street that (desperately) needs Bitcoin”! |
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Toxic2040
Legendary
Offline
Activity: 1792
Merit: 4141
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March 14, 2019, 10:04:14 PM |
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Why the fuck does everyone post this shit site as if it was an accredited news source?
What? You dont think the Party has important stories to share with us? /s -------- In other news.. The penny picker uppers said there was some price action early this morning but I cant see anything to get excited over...carry on. 30m  |
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Last of the V8s
Legendary
Offline
Activity: 1652
Merit: 4392
Be a bank
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March 14, 2019, 10:10:54 PM
Last edit: March 14, 2019, 10:27:27 PM by Last of the V8s Merited by BobLawblaw (1), Toxic2040 (1) |
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rude. nothing wrong with stacking sats no pussy for you (pics) edit: actually sorry, tc, on reflection i make no sense in this market. think i'm on drugs today  |
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kurious
Legendary
Offline
Activity: 2590
Merit: 1643
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March 14, 2019, 10:31:41 PM |
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I think I just figured something out.
What? NPCs will NPC. You're so... certain. Just curious. But when did you lose your ability to self-doubt? |
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xhomerx10
Legendary
Offline
Activity: 3822
Merit: 7955
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If I were that farmer I'd be shaking in my boots. Those chickens have tasted blood and he's next.  |
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kurious
Legendary
Offline
Activity: 2590
Merit: 1643
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March 14, 2019, 10:36:27 PM |
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Been just lurking lately, pondering the 2015 fractal and crunching an analysis of it a little. Well, that and getting on with RL.
Will go back to lurking a while, but still keeping tabs on this occasionally wonderful place.
Long live the WO, warts and all.
Oh, and GTFO JJG?
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rebal15
Jr. Member
Offline
Activity: 527
Merit: 6
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March 14, 2019, 10:36:55 PM |
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There are multiple reasons. 1) The bear market. Basically, people lost interest in crypto. 2) The new merit system. Many of us got our legendary hero ranks before this new system and Many of us would still got so many merits and become legendaries in the new system too but newbies are very afraid of it. Most of them simply don't care about posting quality content anymore. Just spam and go. 3) No more good sig camps. And the requirements for the existing ones are very high so again, newcomers don't like it. All newb accounts are spamming ICO crap. The major reason is the bear market probably. Bitcoin lost more than half of its ATH value so losing only 1/3 of the forum members/activity is kinda success. Could have been worse. 4) centralization by moderators. 5) accusation 6) Porn, drugs .. etc When did number 6 join the party, apparently I'm blind. Looks like you have some people (micgoossens, lfc, Gayjuangee) in your ignore list. |
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