Richy_T
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Activity: 2436
Merit: 2119
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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February 04, 2022, 04:01:03 PM |
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I know I'm currently docked with cAPSLOCK,
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Bitcoin mining is now a specialized and very risky industry, just like gold mining. Amateur miners are unlikely to make much money, and may even lose money. Bitcoin is much more than just mining, though!
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Paashaas
Legendary
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Activity: 3427
Merit: 4344
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February 04, 2022, 04:04:14 PM |
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I think next bear market will happen before 2024 halving. Bitcoin will definitely moon before that, it's inevitable. To much bullish news. How do you define bear market? How do you define moon this time around? After a meaningful blow-off fase and i haven't seen one yet. On the other hand, some called this a bear market for some others not because we are used to real crypto winter; -80% drop with 1 a 2 years of price derpression. This is a gifted essential positive psychological effect that this 50% drop does not harm us to hard. It's a privilege to have balls of steel JayJuanGee.
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cAPSLOCK
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Activity: 3738
Merit: 5127
Whimsical Pants
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February 04, 2022, 04:04:18 PM |
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This is interesting looking buying. I am looking at volume across SEVERAL exchanges. Usually when we see this it is primarily at one exchange with much less volume (proportionally) than the others... But THIS action is happening pretty much at all the exchanges. Either a lot of people are buying organically at once (this implies news) Or a really really rich mfer bought up the order books to a certain point at all the exchanges.
The latter seems odd. People planning to make big purchases are not going to go to all the trouble of loading up at several exchanges and then hit the MARKET BUY button.
So I am assuming there is some news we have not seen yet? Guatemala? Ecuador (have seen some there, but not really enough to do this?), Something else? Or just a whale that DGAF?
Also this thing looks like it's prepping for another leg... c'mon corn!
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Paashaas
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Activity: 3427
Merit: 4344
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February 04, 2022, 04:07:33 PM |
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$40k today bitches
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Phil_S
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Activity: 2091
Merit: 1461
We choose to go to the moon
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Reposting again... Reposting old stuff... soon...
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cAPSLOCK
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Activity: 3738
Merit: 5127
Whimsical Pants
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February 04, 2022, 04:09:41 PM |
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After a meaningful blow-off fase and i haven't seen one yet.
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Paashaas
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Activity: 3427
Merit: 4344
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February 04, 2022, 04:10:21 PM Merited by JayJuanGee (1) |
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Torque
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Activity: 3556
Merit: 5041
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This is interesting looking buying. I am looking at volume across SEVERAL exchanges. Usually when we see this it is primarily at one exchange with much less volume (proportionally) than the others... But THIS action is happening pretty much at all the exchanges. Either a lot of people are buying organically at once (this implies news) Or a really really rich mfer bought up the order books to a certain point at all the exchanges.
The latter seems odd. People planning to make big purchases are not going to go to all the trouble of loading up at several exchanges and then hit the MARKET BUY button.
So I am assuming there is some news we have not seen yet? Guatemala? Ecuador (have seen some there, but not really enough to do this?), Something else? Or just a whale that DGAF?
It's pretty well documented by now that it is all algo-driven bots that are buying on technicals. That is what you are seeing. It broke upwards on the downward triangle, not much more to say.
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ImThour
Copper Member
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Activity: 1400
Merit: 1512
Bitcoin Bottom was at $15.4k
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February 04, 2022, 04:21:10 PM |
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So Much TA on this page and I am loving it. My Take: If the Daily candle closes above the trend line, it will be a good sign otherwise we will still be playing in between the channel. edit: Ignore the alert
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LFC_Bitcoin
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Activity: 3528
Merit: 9547
#1 VIP Crypto Casino
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Observing $40,000.
We still alive in this bull run or dead cat?
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ivomm
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Activity: 1853
Merit: 2841
All good things to those who wait
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February 04, 2022, 04:36:19 PM |
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cAPSLOCK
Legendary
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Activity: 3738
Merit: 5127
Whimsical Pants
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February 04, 2022, 05:00:38 PM |
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This is interesting looking buying. I am looking at volume across SEVERAL exchanges. Usually when we see this it is primarily at one exchange with much less volume (proportionally) than the others... But THIS action is happening pretty much at all the exchanges. Either a lot of people are buying organically at once (this implies news) Or a really really rich mfer bought up the order books to a certain point at all the exchanges.
The latter seems odd. People planning to make big purchases are not going to go to all the trouble of loading up at several exchanges and then hit the MARKET BUY button.
So I am assuming there is some news we have not seen yet? Guatemala? Ecuador (have seen some there, but not really enough to do this?), Something else? Or just a whale that DGAF?
It's pretty well documented by now that it is all algo-driven bots that are buying on technicals. That is what you are seeing. It broke upwards on the downward triangle, not much more to say. That is the least satisfying answer ever... but reality often is. I accept this possibility.
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ChartBuddy
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Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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February 04, 2022, 05:01:21 PM |
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cAPSLOCK
Legendary
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Activity: 3738
Merit: 5127
Whimsical Pants
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February 04, 2022, 05:03:03 PM |
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Observing $40,000.
We still alive in this bull run or dead cat?
The $100 trillion dollar question. (Hat tip to good old PlanB)
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cAPSLOCK
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Activity: 3738
Merit: 5127
Whimsical Pants
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February 04, 2022, 05:14:41 PM |
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@Jack leaving Twitter has had several impacts. Mostly bad. Though I am not really a @Jack fanboy. Just cautiously curious as to his eventual effect on Bitcoin... Here is another one of those downstream things, though:
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cygan
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Activity: 3150
Merit: 7798
Crypto Swap Exchange
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February 04, 2022, 05:25:36 PM |
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flying to da m00n
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psycodad
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Activity: 1604
Merit: 1564
精神分析的爸
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February 04, 2022, 05:31:08 PM Last edit: May 14, 2023, 04:31:13 PM by psycodad |
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flying to da m00n I would like to add, patience is key:
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Richy_T
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Activity: 2436
Merit: 2119
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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February 04, 2022, 05:32:10 PM |
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@Jack leaving Twitter has had several impacts. Mostly bad. Though I am not really a @Jack fanboy. Just cautiously curious as to his eventual effect on Bitcoin... Here is another one of those downstream things, though: Don't look at the crook behind the curtain.
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serveria.com
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Activity: 2240
Merit: 1172
Privacy Servers. Since 2009.
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February 04, 2022, 05:38:50 PM |
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Time for bears to admit defeat, grab what they can and hold on for the ride.
Nah, I'm getting the feeling that a longish bear period is ahead of us, unfortunately. That didn't age well...
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