BitcoinNewsMagazine
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July 18, 2019, 05:49:21 PM |
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[price analysis]
Enjoyed your post but I’m out of sMerits  I also favour a scenario of increased price weakness in the medium term without the bullish scenario in the larger time frame suffering. The better the build up towards the halvening, the stronger the push towards new ATHs. As we see, bulls are in action and try to change the BTC price course. If this will continue and is not only a big BTC market manipulation, to close all short trades, then this could be a first time in history, I assume, that from a Death Cross, bulls would make a Gold Cross  .  I think this is only big market manipulation and as fast, as price bounced up, will go down, but let's wait and see. I hope, I am wrong and bulls will be buying, insane amounts of BTC and we go to ATH in a few days  . The majority of traders I know use Golden Cross and Death Cross to refer to 50 and 200 SMA crossovers on the daily chart, with confirmation following on the 3 day chart. On the BTC/USD daily we had a Golden Cross back on April 23. On the three day we are close to getting confirmation, not there yet though. You can look at lower time frames sure if you are a day trader but you will be getting a better signal to noise ratio on daily and 3 day charts. We briefly dipped below the 50 SMA on the daily but are now back above. |
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JayJuanGee
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Activity: 3696
Merit: 10130
Self-Custody is a right. Say no to"Non-custodial"
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July 18, 2019, 05:57:08 PM |
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Can someone pretty please give me One Million Dollars in Crypto Currency ? XDDD
Turning from a respectable Mechatronic to a complete beggar in a Month & a half
lovely life
Clocks gun n points it to my head (oh i got people to take care of) puts it back in the drawer...
i will just go now in shame ...
Yep... Begging should be shameful. Figuring out some kind of reasonable plan and then attempting to follow such plan seems a more honorable approach, even if it does not necessarily cause instant rich. It might cause a path upwards or at least attempting to prevent downwards, perhaps? You should know better than the rest of us about your particular circumstances, and the last time I checked, this was not a charity solicitation thread.. but instead a place where we attempt to fantasize about our own abilities to transition through bitcoin into a life of hookers, lambos and blow. |
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JayJuanGee
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Activity: 3696
Merit: 10130
Self-Custody is a right. Say no to"Non-custodial"
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July 18, 2019, 06:04:19 PM |
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Gay as hell. Same single entity buying on Bitfinex, Bitstamp, and Gdax all at once. Non-aggregate scam where some (((entity))) is trying to artificially rig the market higher......
Whatever works. I am not complaining. You would not be complaining either if you held some little friends, aka bitcoins. Maybe you would also, NOT, be complaining if you had hedged your bets (in spite of your dumbass beliefs) and held onto a decent number of bitcoins, rather than selling all of your stash below $700. Part of the reason for hedge is to take out some of the emotion, which you seem to have too much of. Seemingly for reasons already mentioned. |
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makrospex
Sr. Member
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Activity: 728
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nothing to see here
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July 18, 2019, 06:20:56 PM |
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Can someone pretty please give me One Million Dollars in Crypto Currency ? XDDD
Turning from a respectable Mechatronic to a complete beggar in a Month & a half
lovely life
Clocks gun n points it to my head (oh i got people to take care of) puts it back in the drawer...
i will just go now in shame ...
Yep... Begging should be shameful. Figuring out some kind of reasonable plan and then attempting to follow such plan seems a more honorable approach, even if it does not necessarily cause instant rich. It might cause a path upwards or at least attempting to prevent downwards, perhaps? You should know better than the rest of us about your particular circumstances, and the last time I checked, this was not a charity solicitation thread.. but instead a place where we attempt to fantasize about our own abilities to transition through bitcoin into a life of hookers, lambos and blow. Guess it's the Cryptonian or one of his "team" members. Goal: Troll bitcointalk until you receive 100 BTC. Achieve until 2019/06/27. |
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JayJuanGee
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Activity: 3696
Merit: 10130
Self-Custody is a right. Say no to"Non-custodial"
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July 18, 2019, 06:24:23 PM |
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You hold you win. simple
What do you win ? You win a higher return if you're forced by circumstances to spend some of your Bitcoin to buy fiat currency to obtain goods or services. Remember last year there were a quite a few people buying into various alts, including ERC20 ethereum based tokens that proclaimed to help the investors to earn a passive income, because those coins paid dividends or interest. In the past couple of years, people realized that those coins were scams, and even if they ended up paying dividends or interest, the value dropped so god damned low that it would have been better to invest into bitcoin. Bitcoin pays because it is sound money, and even if you cannot do any better than keeping your stash at the same level, you end up winning through BTC's price appreciation during what is quite likely to be an exponential s-curve.... so it can also be considered a kind of compounding interest too, but it is what it is, and if it appreciates in value as projected (but not guaranteed) you will be able to cash out for higher value or to obtain more goods and services with the same amount that you had held earlier. Seems to be worth the risk, even if strictly, regularly held bitcoins are not paying any dividend or interest. |
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BitcoinGirl.Club
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Activity: 2744
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Farewell LEO: o_e_l_e_o
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July 18, 2019, 06:32:19 PM |
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Five figure again 🤪
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JayJuanGee
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Activity: 3696
Merit: 10130
Self-Custody is a right. Say no to"Non-custodial"
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July 18, 2019, 06:39:38 PM |
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Five figure again 🤪
Yeah!!!!!! At a certain point, it seems that there is a decent sign that we are moving back up again. But, hey, I don't really hold any great expectations that we are going to be able to break above $13,880 at any time soon. On the other hand, it would be nice to never ever ever see 4 digits again... But what are the odds? Less than 50%, perhaps? Maybe gotta wait for JSRAW to confirm with us that we are out of 4 digits? No? waiting.............  |
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Searing
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Clueless!
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July 18, 2019, 06:40:17 PM |
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Perspective. April 5th, 2019 Bitcoin Price: 5,025.11 USD. Source: https://coinmarketcap.com/currencies/bitcoin/July 18th, 2019 Bitcoin Price: $10,549.90 as of 1:38 pm CDT USA. Perspective.  |
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JayJuanGee
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Activity: 3696
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Self-Custody is a right. Say no to"Non-custodial"
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July 18, 2019, 06:49:42 PM |
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April 1st, in which we broke above $4,200, is the more relevant BTC price reference point. Of course, you can refer to the price below $4,200 or the breakout at $4,200, but price reference points around that time that are above $4,200 are less significant (at least in terms of base reference points). Furthermore, after April 1, we had several BTCV price legs up and a few price corrections.. so there could be some miniature interesting BTC price reference points in between April 1 and today.... but they don't seem to be as interesting as the recent April 1 base, unless you are making a different kind of point.. such as raising the earlier December 15, 2018 $3,122 bottom.. .but I am getting out of any kind of parameters of your earlier perspective point, searing. By the way, as I am typing, I just observed a flash price of $10,750.. .NOT bad, NOT bad. Bitcoin keeps up this upwards price nonsense, then we are going to be back in the top 100, even for today. To get into the top 100 by today, BTC prices are going to have to average higher than >>>>>100 2019-07-02 10185.60<<<<<< ... so it might be a bit of a nail-biter, because my understanding of the price measure for the day goes by a volume weighted trading price average on bitstamp for the previous 24 hours by the end of midnight UT.... Go BTC go!!!! |
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HairyMaclairy
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Activity: 1414
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Degenerate bull hatter & Bitcoin monotheist
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July 18, 2019, 07:10:27 PM |
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Five figure again 🤪
Yeah!!!!!! At a certain point, it seems that there is a decent sign that we are moving back up again. But, hey, I don't really hold any great expectations that we are going to be able to break above $13,880 at any time soon. On the other hand, it would be nice to never ever ever see 4 digits again... But what are the odds? Less than 50%, perhaps? Maybe gotta wait for JSRAW to confirm with us that we are out of 4 digits? No? waiting............. Odds that we have left 4 figures behind forever: Today: 10% 1 October: 30% 1 November: 50% 1 April 2020: 60% 1 November 2020: 70% 1 April 2021: 80% 1 November 2021: 90% |
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JayJuanGee
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Activity: 3696
Merit: 10130
Self-Custody is a right. Say no to"Non-custodial"
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July 18, 2019, 07:27:19 PM
Last edit: July 18, 2019, 07:39:12 PM by JayJuanGee |
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Five figure again 🤪
Yeah!!!!!! At a certain point, it seems that there is a decent sign that we are moving back up again. But, hey, I don't really hold any great expectations that we are going to be able to break above $13,880 at any time soon. On the other hand, it would be nice to never ever ever see 4 digits again... But what are the odds? Less than 50%, perhaps? Maybe gotta wait for JSRAW to confirm with us that we are out of 4 digits? No? waiting............. Odds that we have left 4 figures behind forever: Today: 10% 1 October: 30% 1 November: 50% 1 April 2020: 60% 1 November 2020: 70% 1 April 2021: 80% 1 November 2021: 90% You can't do that, hairy mcmac.  That's out of bounds. You are projecting too far into a bitcoin future that has not happened, yet. Furthermore, to be more specific about your egregiousness, you are employing (not only attempting but doing) too many BTC price legs in advance, which breaks the rules of reasonable. If I were to put a label on your conduct, I would either loosely describe it as reckless or more tightly suggest that it is speculation that overly relies on fractals... UNFAIR  UNFAIR |
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BitcoinGirl.Club
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Activity: 2744
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Farewell LEO: o_e_l_e_o
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July 18, 2019, 08:18:35 PM |
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Yeah!!!!!! At a certain point, it seems that there is a decent sign that we are moving back up again. But, hey, I don't really hold any great expectations that we are going to be able to break above $13,880 at any time soon. On the other hand, it would be nice to never ever ever see 4 digits again... But what are the odds? Less than 50%, perhaps? Maybe gotta wait for JSRAW to confirm with us that we are out of 4 digits? No? waiting............. Finally I was able to read an entire post JJG posted 🤪 Well done to me LOL |
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BitcoinGirl.Club
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Activity: 2744
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Farewell LEO: o_e_l_e_o
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July 18, 2019, 08:22:38 PM |
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Odds that we have left 4 figures behind forever:
Today: 10%
1 October: 30%
1 November: 50%
1 April 2020: 60%
1 November 2020: 70%
1 April 2021: 80%
1 November 2021: 90%
So this is what I see: Today: $10,610 1 October: $13,793 1 November: $20,689.5 1 April 2020: $33,103.2 1 November 2020: $56,275.4 1 April 2021: $101,295.7 1 November 2021: $192,462 Weeeeeeeeeeeeee |
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Wilhelm
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July 18, 2019, 08:26:44 PM |
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Odds that we have left 4 figures behind forever:
Today: 10%
1 October: 30%
1 November: 50%
1 April 2020: 60%
1 November 2020: 70%
1 April 2021: 80%
1 November 2021: 90%
So this is what I see: Today: $10,610 1 October: $13,793 1 November: $20,689.5 1 April 2020: $33,103.2 1 November 2020: $56,275.4 1 April 2021: $101,295.7 1 November 2021: $192,462 Weeeeeeeeeeeeee *fap* *fap* |
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gentlemand
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Welt Am Draht
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July 18, 2019, 08:35:14 PM |
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So this is what I see:
Today: $10,610
1 October: $13,793
1 November: $20,689.5
1 April 2020: $33,103.2
1 November 2020: $56,275.4
1 April 2021: $101,295.7
1 November 2021: $192,462
Weeeeeeeeeeeeee
That all looks weirdly drawn out timing wise. To me it feels like things will get more violent and fleeting, not less. The amount of coins for sale may reduce, not increase, as holders of significant amounts may decide to sit back and watch what happens as demand becomes ever more explosive. Then the buyers may desert them the moment they decide it's time to make hay. It could get properly chaotic. |
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BitcoinGirl.Club
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Activity: 2744
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Farewell LEO: o_e_l_e_o
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July 18, 2019, 08:55:29 PM |
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That all looks weirdly drawn out timing wise.
To me it feels like things will get more violent and fleeting, not less. The amount of coins for sale may reduce, not increase, as holders of significant amounts may decide to sit back and watch what happens as demand becomes ever more explosive. Then the buyers may desert them the moment they decide it's time to make hay.
It could get properly chaotic.
From the demand and supply chart it looks like that you are very correct but in reality we really don't know which direction we will go but as a hodler I will definitely enjoy my wealthy social status 🤪 |
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HairyMaclairy
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Activity: 1414
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Degenerate bull hatter & Bitcoin monotheist
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July 18, 2019, 09:26:17 PM |
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That all looks weirdly drawn out timing wise.
To me it feels like things will get more violent and fleeting, not less. The amount of coins for sale may reduce, not increase, as holders of significant amounts may decide to sit back and watch what happens as demand becomes ever more explosive. Then the buyers may desert them the moment they decide it's time to make hay.
It could get properly chaotic.
From the demand and supply chart it looks like that you are very correct but in reality we really don't know which direction we will go but as a hodler I will definitely enjoy my wealthy social status 🤪 Define “more violent and fleeting” Are you talking in dollar or percentage terms? $10k moves in a few seconds ? Sure no problem 60%+ swings in a single day? Nah |
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gappie
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After 8 years of watching bitcoin do the unexpected you would think that a 15% rise would be of little interest, but it still gets me excited especially when it fucks the bears up the ass. Good luck with those sub 9k buys!
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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July 18, 2019, 09:30:24 PM |
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Odds that we have left 4 figures behind forever:
Today: 10%
1 October: 30%
1 November: 50%
1 April 2020: 60%
1 November 2020: 70%
1 April 2021: 80%
1 November 2021: 90%
You can't do that, hairy mcmac. That's out of bounds. You are projecting too far into a bitcoin future that has not happened, yet. Furthermore, to be more specific about your egregiousness, you are employing (not only attempting but doing) too many BTC price legs in advance, which breaks the rules of reasonable. If I were to put a label on your conduct, I would either loosely describe it as reckless or more tightly suggest that it is speculation that overly relies on fractals... UNFAIR UNFAIR That is precisely what you should do if you are taking directional positions and do not wish to get liquidated. It is all about risk management. Of course you update your risk calculations as new information becomes available to you, but you have to have a plan and a pathway, if only to know how you are tracking against it. Only the ladder drones have the luxury of not thinking for themselves! |
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