vapourminer
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Merit: 3536
what is this "brake pedal" you speak of?
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May 30, 2022, 08:23:16 PM |
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GTFO of here with this stupid shit. yeah.. man, lotta new peeps on my ignore list lately
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Gachapin
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May 30, 2022, 08:42:38 PM |
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It appears the whale accumulation at lower price levels supported BTC’s ongoing rally. It also looks like most of the addresses holding between 10,000 and 100,000 BTC were expecting the price to dip further. Despite the nature of the market events, the token did not register a major move on the metrics. Hence, the short-term performance of the king token still remains a mystery. Source: https://ambcrypto.com/bitcoins-btc-pricing-model-has-this-to-say-about-its-short-term-prospects/What rally ? Have they ever seen a real Bitcoin rally? And what is that "token" they are constantly talking about... ?
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AverageGlabella
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Merit: 1080
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HERE WE GO! I have had a few lows recently but watching the price recover even if a little has felt amazing I guess if you stick out the lows even the little climbs up feel good this could quickly become addicting. ppps- In a couple of years you will likely look back at your purchases and be saying "I am a fuckin genius" Hope you do not mind empowering but I have added this little quote to my personal text to remind me. Your quote just stuck in my head and hopefully you are right around 2030 I hope to be coming back to this comment and showering it in merit.
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empowering
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Activity: 1078
Merit: 1441
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May 30, 2022, 08:55:24 PM |
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HERE WE GO! I have had a few lows recently but watching the price recover even if a little has felt amazing I guess if you stick out the lows even the little climbs up feel good this could quickly become addicting. ppps- In a couple of years you will likely look back at your purchases and be saying "I am a fuckin genius" Hope you do not mind empowering but I have added this little quote to my personal text to remind me. Your quote just stuck in my head and hopefully you are right around 2030 I hope to be coming back to this comment and showering it in merit. Good stuff, glad to be of service.
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empowering
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May 30, 2022, 09:00:09 PM |
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WTactualF £%£"%"%&&&**@@@!!!!UUUKING BUL"£$%"££$%&**@@!!!!
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 30, 2022, 09:03:33 PM |
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empowering
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May 30, 2022, 09:04:52 PM |
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If as a parent I received a letter from school saying this shit... then god help them, I would fucking lose my mind and probably end up stuffing handfulls of cockroaches down the headmasters stupid fucking face ........ un-fucking real
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HI-TEC99
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May 30, 2022, 09:21:28 PM Last edit: May 30, 2022, 09:34:49 PM by HI-TEC99 |
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If as a parent I received a letter from school saying this shit... then god help them, I would fucking lose my mind and probably end up stuffing handfulls of cockroaches down the headmasters stupid fucking face ........ un-fucking real
You could try getting your kids used to the idea by giving them these bug lollipops from amazon. https://www.amazon.com/Insect-Sucker-Lollipop-Bundle-Scorpion/dp/B07DD4BNRM?th=1Or these seasoned cricket snacks. https://hotlix.com/product/crick-ettes-snax/Real crickets, deliciously seasoned. Offered in three flavors: Bacon & Cheese, Salt N’ Vinegar, or Sour Cream & Onion.
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dragonvslinux
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Crypto Swap Exchange
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May 30, 2022, 09:27:25 PM |
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We can finally see some green! Well, this was predictable after 9 (10?) weeks of red. Not a real pump yet, but hopefully we'll see some $32-33k soon. So, is this a: * relief rally to $38-42k? * mighty bull starting back to ATH? * weak dead cat bounce to $30-32k with moar pain following? I'd go for option 1. A relief rally to ~$40K levels with good potential for ~$30K levels to hold therefore. Notably once Bitcoin leaves <30 RSI "oversold" levels on Weekly time-frame, it doesn't return thereafter. Even with price often returning to similar closing price levels shortly after (so in this case around $29.5K), price historically has never made a new low after leaving these oversold conditions. For what that's worth. Either the above or option 3, with a bit more downside in the following weeks to the anticipated 200 Week MA @ $22K. But this seems overly-anticipated right now imo. I otherwise don't think there's any real resistance between $32K and $40K levels. $34K would have been the theoretical resistance, but given it didn't act as support on the most recent way down, I doubt it would be resistance on the way back up either. Despite thinking the bottom is either in, or close to it, I don't see a bull market this year at all. More likely consolidation between $30K and $60K. Similar to in 2019 when Bitcoin went from $3.2K to $14K and most were convinced that the bull market had started, until price re-tested $4K levels. Even ignoring that covid crash, price still took a year to consolidate back to the $10K levels, and had already dropped by 50%. Think I mentioned it before but wouldn't be surprised to see price return to $50K to $60K by summer, before re-testing $30K again by the end of the year, maybe the 200 Week MA will be around this price by then. This is mainly due to Weekly moving average bearish cross-over which Bitcoin has always been very respectful of, ie showing that price is moving up too fast after a drop and needs more time to consolidate. Also will give all the noobs the opportunity to buy high again after selling low, before price drops upto 50% and the bull market starts up again. Ie the usual recipe for another uptrend. Great analysis. I also expect a bounce (could be to the middle of 30K-60K range or even up to 50K or slightly above as you mentioned), but then consolidation to the $30K (or slightly below) area. I might even trade some for the first time since 2017, essentially. For reference sake the fib retracement from $69K ATH to $25K low gives a target of $52K for the 0.618 "expected retracement". So these would be the levels for a dead cat bounce / lower high scenario, rather than any dead cat (failure) to ~$40K before a lower low. Notably in 2019 the 0.618 retracement from $20K to $3.2K was $13.7K that was hit perfectly, so $52K would be the equivalent type of relief rally basically. Also tempted to trade this one, for first time since 2019, long then short. As either the new low has been reached after May 2021 high (1 year later), or the low could arrive in November this year (1 year after ATH). Either way, as per 2015 and 2019, there'd likely be a secondary low 6-12 months thereafter. Not convinced a November low would need to be to be any lower than May's low either. EDIT: I am surprised that we already moved to RSI(14)=46 (from 23 on May 11) with so little price improvement.
RSI is like that. Only goes lower if price goes lower. If price goes sideways, generally it will increase. While a good sign, it can also provide more room to the downside. Price breaking $32K looks promising Closing >$31290 = Daily engulfing candle
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LFC_Bitcoin
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#1 VIP Crypto Casino
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At the airport, waiting for my luggage, FFS. Nice pump to stop me going insane though. Observing $32,xxx
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HI-TEC99
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May 30, 2022, 09:41:04 PM |
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At the airport, waiting for my luggage, FFS.
Did the queue to get to the plane take longer than the flight on the way there?
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LFC_Bitcoin
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At the airport, waiting for my luggage, FFS.
Did the queue to get to the plane take longer than the flight on the way there? Yes! Also my flight back from Paris took 1 hour. I’m sitting on the floor now, waiting for luggage for over 1.5 hours. People starting to lose their shit. The world is on its knees tbh, seems every service has turned to crap since COVID. I think airlines are employing much less people because they’re trying to claw back money due to obvious big losses during COVID.
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fr4nkthetank
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Now the money is free, and so the people will be
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May 30, 2022, 09:58:21 PM |
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I hate checked in baggage. I'll travel light and check nothing in. or there are courrier companies that can ship your stuff from the airport to your hotel, i think thats pretty popular in japan. just pack some bitcoin and you are good to go
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Richy_T
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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k
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May 30, 2022, 10:01:12 PM |
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I hate checked in baggage. I'll travel light and check nothing in. or there are courrier companies that can ship your stuff from the airport to your hotel, i think thats pretty popular in japan. just pack some bitcoin and you are good to go
If you're travelling domestic, you can just mail stuff directly to the hotel.
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AnotherAlt
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https://bitcoincleanup.com #EndTheFUD
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May 30, 2022, 10:01:44 PM |
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Asia is sleeping. They will be surprised.
Observing 32k.
I hope we will close the month above 32K.
To the moon 💪
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ChartBuddy
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May 30, 2022, 10:03:27 PM |
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savetherainforest
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May 30, 2022, 10:45:25 PM |
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You know she reads this thread, right?!??
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 30, 2022, 11:04:53 PM |
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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May 31, 2022, 12:01:24 AM |
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