Biodom
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Merit: 4332
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July 01, 2019, 07:57:25 PM |
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could it be somehow that we're currently watching the burst of a mini bubble between the last major bubble and the next major bubble after halving in 2020? maybe it was to early for the next real bubble.
I doubt it. You seem to be giving too much benefit of the doubt to bear narratives and or bitcoin is a bubble FUDsters. We are just experiencing a normal correction that comes from a short-term period of too much exuberance. You saw that exuberance from a few days ago, no? Outrageously excessive for a period of time, so we could hardly have expected that level of excessive exuberance to NOT correct at some point. We need a 30% correction... Amost there (currently 26.4%) A small observation: we are declining faster than most "shitcoins', not sure why.
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El duderino_
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Activity: 2646
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BTC + Crossfit, living life.
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July 01, 2019, 07:59:02 PM |
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Mic I need to change my vote on your Q3 game since I currently seem to disagree with my past bullish self! In between all this short term bearish posts and sentiments, I will make a Bitcoin market cap prediction. Something I don't do often but I feel Bitcoin currently trades at an attractive discount:
Bitcoin today has a market cap <250 billion. Q3 2019 I expect the market cap to be >500 billion.
Please quote me for future reference.
Done and done. Its still day 1 nothing happened so do it quick
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El duderino_
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BTC + Crossfit, living life.
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July 01, 2019, 07:59:53 PM |
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last week's candle is showing price correction. it is correction trap.
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LFC_Bitcoin
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#1 VIP Crypto Casino
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July 01, 2019, 08:03:10 PM |
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$10,067 $10,000 held and now a slight bounce back, I really don't want $10,000 to break just due to it being an important barrier. I want $10,000 to stay too, I don’t even know why, it’s just such a psychological bullish figire. Five figures is so much better than four. Looking forward to six figures in 2021/22
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El duderino_
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BTC + Crossfit, living life.
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Phil_S
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We choose to go to the moon
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July 01, 2019, 08:19:05 PM |
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Five figures is so much better than four.
Confirmed as truth. In other news, the media gets really creative (or really desperate) with FUD: https://twitter.com/CNN/status/1145402888635727872
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JSRAW
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Up to 300% + 200 FS deposit bonuses
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July 01, 2019, 08:19:34 PM |
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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July 01, 2019, 08:24:43 PM |
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"Wall Observers" is a place of pure fun anyways (except for 1000+ words long posts of JJG).
Largely, you have control over your own destiny Raja.. .one of the benefits of life... , which means that you and only you have discretion in regards to choosing what you read or not. Haha, yeah, you're correct. I think I've skipped your posts the most on WO till now anyways. . . . JK mate. You're probably the most interesting person in this thread. It'd be 90% shit and 10% good here if you weren't a part of this thread (right now, I guess it's fine if we just call WO 50% shit and 50% good). Fair enough about reading or not reading posts. For sure there is a mixture of good, not so good, bad and other variants... .. Also, some days, it is easier to read than others. Some days, no body can keep up with nuttin, so I would expect only a few people actually read most posts on most days, unless s/he/it really did not have anything else to do. Even though I post a lot, and some peeps have labelled me as a bot, I still have some other things that I do. Believe it or no.
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d_eddie
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July 01, 2019, 08:30:07 PM |
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JayJuanGee
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Activity: 3850
Merit: 10871
Self-Custody is a right. Say no to"Non-custodial"
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July 01, 2019, 08:32:27 PM |
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could it be somehow that we're currently watching the burst of a mini bubble between the last major bubble and the next major bubble after halving in 2020? maybe it was to early for the next real bubble.
I doubt it. You seem to be giving too much benefit of the doubt to bear narratives and or bitcoin is a bubble FUDsters. We are just experiencing a normal correction that comes from a short-term period of too much exuberance. You saw that exuberance from a few days ago, no? Outrageously excessive for a period of time, so we could hardly have expected that level of excessive exuberance to NOT correct at some point. We need a 30% correction, I agree this is normal, if it corrects 50%+ ill start to worry. I largely agree with the points that you are making; however, I doubt that "we need" any certain or specific level of correction, such as 30% in order for price continue up, but at a certain point, it just seems to become almost inevitable that the buys are just not going to be able to keep up with the price, especially when the price is moving up so god damned fast.. especially once the price broke above $10k, then she just did not want to stop going up... until she did. 50% is going to start to make me nervous, too, even though 50% would not really be too outrageous, given the fact that largely we did more than a 3x from April 1 (which was less than 3 months at the time of the current $13,880 top) without very many breaks in the midst of that mostly UP movement.
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rdbase
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Join the world-leading crypto sportsbook NOW!
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July 01, 2019, 08:36:34 PM Last edit: July 01, 2019, 09:41:33 PM by rdbase Merited by JayJuanGee (1) |
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I actually like this one because it shows all the major players in the crypto game arent all who they appear to be. This just might be the reason why satoshi doesnt want to be revealed so to be put in the same category as these people.
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DeathAngel
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#1 VIP Crypto Casino
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July 01, 2019, 08:43:22 PM |
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You could say the whole dump was artificially manufactured & possibly the people who orchestrated it don’t want us to stay below 10k. Suspiciously pumped as soon as we touched the 9k’s.
Hmmmmm!
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El duderino_
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Activity: 2646
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BTC + Crossfit, living life.
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July 01, 2019, 08:50:32 PM |
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You could say the whole dump was artificially manufactured & possibly the people who orchestrated it don’t want us to stay below 10k. Suspiciously pumped as soon as we touched the 9k’s.
Hmmmmm!
Just a mindF*** with the opening of Q3 list No one knows over there how bullish to make there guess
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jojo69
Legendary
Online
Activity: 3290
Merit: 4534
diamond-handed zealot
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July 01, 2019, 09:09:02 PM |
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You could say the whole dump was artificially manufactured & possibly the people who orchestrated it don’t want us to stay below 10k. Suspiciously pumped as soon as we touched the 9k’s.
Hmmmmm!
yeah...that double bottom looks fishy
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criptix
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July 01, 2019, 09:09:59 PM |
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You could say the whole dump was artificially manufactured & possibly the people who orchestrated it don’t want us to stay below 10k. Suspiciously pumped as soon as we touched the 9k’s.
Hmmmmm!
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Raja_MBZ
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July 01, 2019, 09:15:43 PM |
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~snip~ Fair enough about reading or not reading posts. For sure there is a mixture of good, not so good, bad and other variants... .. Also, some days, it is easier to read than others. Some days, no body can keep up with nuttin, so I would expect only a few people actually read most posts on most days, unless s/he/it really did not have anything else to do. Even though I post a lot, and some peeps have labelled me as a bot, I still have some other things that I do. Believe it or no. That's cool. Your posts are too good to be written by a bot; I believe that you're a smart man of 30s. However, talking about bots, I must say that bots can probably do anything if they are capable of doing this:
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ivomm
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All good things to those who wait
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This "correction" starts to smell fishy to me. It all started with 800 BTC sell on CB that caused the crash from 13880. There is something suspicious in the way the sells are executed in CB in the last few days. Each time Bitstamp shows buying activity, some fat sell order on CB brings down the price with 3-4%. It looks as if some whale was in a hurry to unload tens of thousands of bitcoins in 11-13K area. And of course the weak hands follow with their panic sells. It may as well be a coordinated bears effort to look like the 2018 long and nasty crashes, but it happens too quickly. They may try to produce an awful chart, so that trolls will explain how Bitcoin is doomed. But at the same time they hope to cheat the n00bs to sell their precious coins before the halving. If some trolls are telling us that Bitcoin won't go beyond the ATH, they are lying. They know it as much as we do!
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Raja_MBZ
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July 01, 2019, 09:19:57 PM |
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El duderino_
Legendary
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Activity: 2646
Merit: 12946
BTC + Crossfit, living life.
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July 01, 2019, 09:34:46 PM |
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~snip~ Fair enough about reading or not reading posts. For sure there is a mixture of good, not so good, bad and other variants... .. Also, some days, it is easier to read than others. Some days, no body can keep up with nuttin, so I would expect only a few people actually read most posts on most days, unless s/he/it really did not have anything else to do. Even though I post a lot, and some peeps have labelled me as a bot, I still have some other things that I do. Believe it or no. That's cool. Your posts are too good to be written by a bot; I believe that you're a smart man of 30s. However, talking about bots, I must say that bots can probably do anything if they are capable of doing this: https://www.youtube.com/watch?v=D1CgGxPWyI0This robot?
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