Globb0
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Activity: 2674
Merit: 2053
Free spirit
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June 26, 2019, 07:31:09 PM |
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well i think that we'll see dump action soon ... price correction have to be done !
YOU FUCK OFF !!! we'll see  ) Post on your real name then |
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criptix
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Activity: 2464
Merit: 1145
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June 26, 2019, 07:34:11 PM |
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Well funding rates are through the roof. Normally 0.01%. But who cares.  Last month we had days with around 0,2+% / 8 hours - mex MM is just super bullish lol
Isn't that indicator total bs? I mean, it's futures right? Not money being borrowed, but contracts that always have an equal amount of counterparties, if I am not mistaken. Correct, this indicator is wrong. The s/l ratio on bitmex is always 1:1. The perpetual is p2p based thus 1 long contract always has a taker with 1 short contract.
Guys lets come to some conspiracy theories of mine. Right now i have the strong feeling that this run is based on some iluminati whales front running each other, because i do not believe in the slightest that this is induced by retail fomo. Evidence: 1. Google Trends is just around 20% of 2017:  2. No permanent news in TV, newspaper etc about buying Bitcoin 3. 400% pump without a single big correction (maybe the 8200 to 6600, but imo it was more of a flashcrash) 4. not one of my nocoiner friends are asking me So is this finally the one pump to end all dumps because institutional money is flowing into the ecosystem? |
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gentlemand
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Activity: 2590
Merit: 3013
Welt Am Draht
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June 26, 2019, 07:38:42 PM |
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So is this finally the one pump to end all dumps because institutional money is finally flowing into the ecosystem?
We need some OTC stats - whether it's booming or dried up completely. |
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Last of the V8s
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Activity: 1652
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Be a bank
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June 26, 2019, 07:39:51 PM |
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Baidu (Chinese Google) searches are way up though apparently; saw an article saying 'the east leads' or somesuch
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criptix
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Activity: 2464
Merit: 1145
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June 26, 2019, 07:39:59 PM |
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So is this finally the one pump to end all dumps because institutional money is finally flowing into the ecosystem?
We need some OTC stats - whether it's booming or dried up completely. I dont think that anyone can provide accurate OTC data. Atleast i never found i legit source for that over all the years (localbtc is just a fraction of OTC deals). /edit Baidu (Chinese Google) searches are way up though apparently; saw an article saying 'the east leads' or somesuch
Oh yeah, i hard about china too, it was regarding bitcoin usage to bypass capital controls. Maybe the trade war is actually very good for BTC?  |
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EatonABooger
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Activity: 151
Merit: 36
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June 26, 2019, 07:41:14 PM |
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This is unsustainable. The price will be under $10k before the end of the year, and stay there until Libra takes over. Bitcoin is done. Short bitcoin.
Merited for making me laugh. I'm borrowing the jbreher rule. 'Make me spew? Get a merit!' wait.. what ?? giving bogus "doom is going to consume us all" type predictions gets you merits? Don't give the kid in the store a treat when they are acting bad. You guys are rewarding bad behavior. |
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gentlemand
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Activity: 2590
Merit: 3013
Welt Am Draht
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June 26, 2019, 07:43:29 PM |
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I dont think that anyone can provide accurate OTC data.
I know. Someone needs to keep an OTC trader in a kennel so they can tap them for data in return for a belly rub. |
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Toxic2040
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Activity: 1792
Merit: 4141
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June 26, 2019, 07:43:30 PM |
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thanks for the accurate numbers. I see that it is counted from the decline, not from the previous run-up.
yet, the numbers are similar (16.1 vs 15.8K)
Its good to remember that fibs are but echoes on the chart. There is no spoon. A couple km yet to go..and its mostly up. peace |
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d_eddie
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Activity: 2492
Merit: 2928
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June 26, 2019, 07:46:10 PM |
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The good news: The bull is really on fire  The bad news: A real correction should come in soon, it is very unusual that after a 400% runup in 2,5 months every dip is bought up with big strength. I do not believe we will see ATH in July, thus i will be closing all my longs and prepare for a real big judas candle. Overall, a correction would be healthy now, though its bitcoin and we could see ATH by next month lol. Stops yes. Close no. Trying to pick the top in advance is a recipe to exit and FOMO back in. Let the market take you out of your position, not the other way around. Good advice from Hairy as usual. Disclosure - I am actually manually adjusting a trailing stop on my long position, lifting it up as we go along. I also have a short position (badly suffering of course), but it's small, so the net balance is green by a good deal. My idea is - when it corrects, the stop will sell off enough of the long to remain slightly long on the whole, and I will cash out some profit. As (if) it keeps goes down, I'll also close the short a bit at a time, scraping off a little more. If I were to close everything as it is now, it would be like ~+2.8% on my play money. I'm playing it very safe. Regular behavior would have made me like 5%, and with a little boldness it would be more like 10%. |
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serveria.com
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Privacy Servers. Since 2009.
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June 26, 2019, 07:47:41 PM |
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well i think that we'll see dump action soon ... price correction have to be done !
YOU FUCK OFF !!! we'll see ) OMG Baawb we're doomed this guy knows something! |
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jojo69
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Activity: 3164
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diamond-handed zealot
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June 26, 2019, 07:51:47 PM |
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This is unsustainable. The price will be under $10k before the end of the year, and stay there until Libra takes over. Bitcoin is done. Short bitcoin.
Merited for making me laugh. I'm borrowing the jbreher rule. 'Make me spew? Get a merit!' wait.. what ?? giving bogus "doom is going to consume us all" type predictions gets you merits? Don't give the kid in the store a treat when they are acting bad. You guys are rewarding bad behavior. back to the shallow end of the pool noob |
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d_eddie
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Activity: 2492
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June 26, 2019, 07:52:38 PM |
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https://bitcointalk.org/index.php?topic=5157131.msg51611076#msg51611076...For example, do all those cards from Gibraltar actually work as of now? I never got positive confirmation.
I spent a few hours searching yesterday and couldn't find one that was available to Us residents and not marked all over scam sites. Many link to messages "no longer available". We need a list of safe active Charge card sites. Thanks for the reply Hueristic. I did the same some (little) time ago, and you confirm my results. There doesn't seem be even a single trustworthy actor in this field yet. I blame it on the monopolists. |
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JayJuanGee
Legendary
 Online
Activity: 3710
Merit: 10227
Self-Custody is a right. Say no to"Non-custodial"
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June 26, 2019, 07:57:14 PM |
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This is unsustainable. The price will be under $10k before the end of the year, and stay there until Libra takes over. Bitcoin is done. Short bitcoin.
Should not you avoid posting during the bull runs? Hahahahahaha He wants to be right.. so if he posts about the inevitable crash (or correction) then he will be right... But, surely his other statements can be considered comedic nonsense. Does anyone with any kind of knowledge about bitcoin take "bitcoin is dead" statements seriously these days? |
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600watt
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Activity: 2338
Merit: 2106
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June 26, 2019, 07:59:14 PM |
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 This is insane. How many daily +20% happened in last years? Trust me not many. When we hit $20k, then real shit will start. it is insane and must feel obscene for your casual banker that promises you 2% p.a.2 per year compared to 20 per day. fiat is doomed. |
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Last of the V8s
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Activity: 1652
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Be a bank
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June 26, 2019, 08:01:39 PM |
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wtf? stamp hasn't had an AYH for 75 mins now
unimpressed
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yefi
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Activity: 2842
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June 26, 2019, 08:01:43 PM |
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But, surely his other statements can be considered comedic nonsense. Does anyone with any kind of knowledge about bitcoin take "bitcoin is dead" statements seriously these days?
What, you mean we won't get those $10 bitcoins we were promised by economics professor Mark T. Williams?  |
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Ibian
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Activity: 2268
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June 26, 2019, 08:04:25 PM |
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But, surely his other statements can be considered comedic nonsense. Does anyone with any kind of knowledge about bitcoin take "bitcoin is dead" statements seriously these days?
What, you mean we won't get those $10 bitcoins we were promised by economics professor Mark T. Williams? That has to be the most worthless profession. If they knew how to make money they wouldn't fucking be economics professors. |
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lightfoot
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Activity: 3108
Merit: 2239
I fix broken miners. And make holes in teeth :-)
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June 26, 2019, 08:04:59 PM |
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Stuck in the mid 13000s for hours now. Bored.
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bkbirge
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June 26, 2019, 08:07:45 PM |
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Stuck in the mid 13000s for hours now. Bored.
lol |
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bouren
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June 26, 2019, 08:08:37 PM |
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I think its highly manipulative of btc. It is terribly failing all kinds of technical analysis as of now I think. There is almost nothing except a bubble that can climb up like a rant at this pace and then fall too at the same pace and then once again rise. I think it's sheer manipulation by some hodlers and nothing else. As per me a correction wave is definitely due which could take the price to 10k or something if it doesn't happens then I think we are repeating 2017-18.
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