york780 (OP)
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April 01, 2017, 05:01:07 PM |
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York, good afternoon. I am an Afrikoin follower and I am glad you both friends from what I've understood reading your posts. I would love to hear your opinion. Do you excpect the price to drop to $800 in the upcoming period? If so when aproximately? Because you mention that the price will rise at the end of April and today's it's 1st. Also why you believe that the price will drop that much now that Japan which is in the top 5 economies accept BTC as a currency? Thank you.
First of all I dont expect a price drop (short term) because we are in a consolidation period. We are slowly moving upwards away from the $1069 floor. We will have a quite flat movement upwards to $1130. After that expect some resistance of some weak hands who cant handle the bullish truth. It depends on the FUD and the upcoming news if we see 1 last downmove (zone 3) before we start our next bullrun. Sideways will almost everytime result in a drop before we go up. Dont expect any drops near $800. Bitcoin is way too strong for that.I would be very hard to break through the $1000 floor once again. Only rumours of bitcoin being forked could manage that. For example when you see a non-inovative based company have the risk of splitting up, the value decreases with at least 50%. Bitcoin only decreased 30%. And they are still saying that bitcoin is volatile. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) The volatility of Bitcoin is decreasing, every year more and more. Thats why a 1000 EUR floor is becoming a known fact in the upcoming months. The month april is still tricky because of its sideways movement. Its normal for a market to go sideways after such a decrease, its healthy. But bitcoin traders dont like healty movement they are risk seeking traders. Thats why I expect 1 more downmove before the bullrun. Sorry York but I don't get it. You said on March 31 and according to your chart, that BTC price will fall to $865 (zone 3) and today April 1 you saying that we won't fall below $1000. ITS A RAW CHART. It isnt about the dates but its about the pattern. For exact movements look at my other chart.
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ArdiPrabowo
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April 01, 2017, 09:10:37 PM |
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York, good afternoon. I am an Afrikoin follower and I am glad you both friends from what I've understood reading your posts. I would love to hear your opinion. Do you excpect the price to drop to $800 in the upcoming period? If so when aproximately? Because you mention that the price will rise at the end of April and today's it's 1st. Also why you believe that the price will drop that much now that Japan which is in the top 5 economies accept BTC as a currency? Thank you.
First of all I dont expect a price drop (short term) because we are in a consolidation period. We are slowly moving upwards away from the $1069 floor. We will have a quite flat movement upwards to $1130. After that expect some resistance of some weak hands who cant handle the bullish truth. It depends on the FUD and the upcoming news if we see 1 last downmove (zone 3) before we start our next bullrun. Sideways will almost everytime result in a drop before we go up. Dont expect any drops near $800. Bitcoin is way too strong for that.I would be very hard to break through the $1000 floor once again. Only rumours of bitcoin being forked could manage that. For example when you see a non-inovative based company have the risk of splitting up, the value decreases with at least 50%. Bitcoin only decreased 30%. And they are still saying that bitcoin is volatile. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) The volatility of Bitcoin is decreasing, every year more and more. Thats why a 1000 EUR floor is becoming a known fact in the upcoming months. The month april is still tricky because of its sideways movement. Its normal for a market to go sideways after such a decrease, its healthy. But bitcoin traders dont like healty movement they are risk seeking traders. Thats why I expect 1 more downmove before the bullrun. Sorry York but I don't get it. You said on March 31 and according to your chart, that BTC price will fall to $865 (zone 3) and today April 1 you saying that we won't fall below $1000. ITS A RAW CHART. It isnt about the dates but its about the pattern. For exact movements look at my other chart. this now bitcoin price up trend and incraese price so if today prediction under 1000 bitcoin, is fail prediction
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richardsNY
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April 01, 2017, 09:26:23 PM |
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this now bitcoin price up trend and incraese price so if today prediction under 1000 bitcoin, is fail prediction
You fail to get the point of what's being discussed, but ok, to come back to your statement, anyone predicting the price to fall below $1000 today is likely to have guessed wrong as there is absolutely nothing that indicates such a price movement. In case it becomes reality -- it will be nothing more than a lucky shot. It's easy as that.
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york780 (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 02, 2017, 05:02:51 PM |
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York, good afternoon. I am an Afrikoin follower and I am glad you both friends from what I've understood reading your posts. I would love to hear your opinion. Do you excpect the price to drop to $800 in the upcoming period? If so when aproximately? Because you mention that the price will rise at the end of April and today's it's 1st. Also why you believe that the price will drop that much now that Japan which is in the top 5 economies accept BTC as a currency? Thank you.
First of all I dont expect a price drop (short term) because we are in a consolidation period. We are slowly moving upwards away from the $1069 floor. We will have a quite flat movement upwards to $1130. After that expect some resistance of some weak hands who cant handle the bullish truth. It depends on the FUD and the upcoming news if we see 1 last downmove (zone 3) before we start our next bullrun. Sideways will almost everytime result in a drop before we go up. Dont expect any drops near $800. Bitcoin is way too strong for that.I would be very hard to break through the $1000 floor once again. Only rumours of bitcoin being forked could manage that. For example when you see a non-inovative based company have the risk of splitting up, the value decreases with at least 50%. Bitcoin only decreased 30%. And they are still saying that bitcoin is volatile. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) The volatility of Bitcoin is decreasing, every year more and more. Thats why a 1000 EUR floor is becoming a known fact in the upcoming months. The month april is still tricky because of its sideways movement. Its normal for a market to go sideways after such a decrease, its healthy. But bitcoin traders dont like healty movement they are risk seeking traders. Thats why I expect 1 more downmove before the bullrun. Sorry York but I don't get it. You said on March 31 and according to your chart, that BTC price will fall to $865 (zone 3) and today April 1 you saying that we won't fall below $1000. ITS A RAW CHART. It isnt about the dates but its about the pattern. For exact movements look at my other chart. this now bitcoin price up trend and incraese price so if today prediction under 1000 bitcoin, is fail prediction As you can see the price wont go below $1000 yesterday, or in near future because of CONSOLIDATION. Looks like I was right agin. What a suprise. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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york780 (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 02, 2017, 05:03:55 PM |
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this now bitcoin price up trend and incraese price so if today prediction under 1000 bitcoin, is fail prediction
You fail to get the point of what's being discussed, but ok, to come back to your statement, anyone predicting the price to fall below $1000 today is likely to have guessed wrong as there is absolutely nothing that indicates such a price movement. In case it becomes reality -- it will be nothing more than a lucky shot. It's easy as that. Yup. If i am wrong (whats not going to happen) they burn me, if I am right they wont say anything at all.
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tk3609
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April 02, 2017, 08:02:02 PM |
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Yup. If i am wrong (whats not going to happen) [...]
Being too confident is not a good habit
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york780 (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 02, 2017, 09:24:30 PM |
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Yup. If i am wrong (whats not going to happen) [...]
Being too confident is not a good habit Cmon dont be so serious about it. I am just being a little sarcastic because when I am actually wrong people would love to say that to me. But I still expect that I am right of course.
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taxmanmt5
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April 03, 2017, 03:12:59 AM |
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Litecoin will go parabolic before BTC moons again.
I expect Bitcoin to go moon again at the end of april/or at the first days of may. I dont see litecoin going parabolic. It seems like a bulltrap. Lots of really really old litecoins are finally getting dumped by forgotten hodlers. Make no mistake. Good to hear that bitcoin will rise to the moon at the end of April. So where we are heading this time ? Can we touch 2000$ or even more. This will be very interesting to know.
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Okurkabinladin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 03, 2017, 05:19:45 AM |
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Yes the bounce is already expected for weeks by me. This is the recovery of the second down move. We are still in the pattern of the chart like i said many times before. https://www.tradingview.com/chart/BTCUSD/ST356mvt-03062334-BITCOIN-BE-PREPARED/Just push the play button to see how the movement is correct with the graph. Sadly we can expect a HUGE crash at the end of march. Perhaps because of more BU or fork confirmed. I admit that i dont know yet what will cause this upcoming dump but hold on tight! This chart is 100% correct for this whole month so far. I still want bitcoin to stay in this 'uptrend' what just looks at a strong bounce before heading south again if you ask me. ![Shocked](https://bitcointalk.org/Smileys/default/shocked.gif) ?? ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Probadly typo. Meant end of april. Quite possible actually as we are growing on fairly low (and decreasing volume). There is also line of resistance currently standing at about 1200. Fair warning is fair.
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tk3609
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April 03, 2017, 06:04:44 AM |
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I am just being a little sarcastic because when I am actually wrong people would love to say that to me. But I still expect that I am right of course.
I remember when DanV in 2014/2015 was the only bear in the bull herd, he was right to the general direction but often wrong in exact short term predictions, he got so much hate both when he was right and when he was wrong. The thing is do what are you doing and don't think about the negative opinions
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Asrael999
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April 03, 2017, 07:52:23 AM |
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Litecoin will go parabolic before BTC moons again.
I expect Bitcoin to go moon again at the end of april/or at the first days of may. I dont see litecoin going parabolic. It seems like a bulltrap. Lots of really really old litecoins are finally getting dumped by forgotten hodlers. Make no mistake. Must be a typo here to, if you were expecting the dump to be the end of April not March, guess this means the exponential move must be the end of May not April?
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york780 (OP)
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April 03, 2017, 08:46:36 AM |
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No we are still consolidation process because the blocksize debate isnt over yet. Meanwhile more and more people will get into altcoins because bitcoin will stay flat for a while. I dont think bitcoin will ever get his marketshare of 80%+ back ever again. It looks like Ethereum and some other altcoins are here to stay. Bitcoinholders must be very pacient for the upcoming weeks. Altcoins are very atractive because of its pumps with 80% or more. Lots of winners, but also lots of losers. I think that we must take coins like Ethereum very serious right now. Its only a matter of time before more and more people will jump to altcoins.
You can see that more and more crypto's are moving to the Ethereum platform because of its speed and they dont have any trouble about a hardfork or a decentralized system what is a bad thing to solve technical problems quick and efficient. I dont like centralized crypto's but to be fair its very usefull when there are technical issue's thats needs to be fixed.
I think that this whole shitstorm will slowly improve and the end of the month. So yes I still expect consolidation this month, after that 1 last downmove to start the next bullrun.
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york780 (OP)
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April 03, 2017, 10:11:29 AM |
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Consolidation zone entered. Expect some volatility right now. Another test for bitcoin. Ignore the yellow lines. Direction is right, but dont expect such big moves. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs13.postimg.org%2Fudai1hzfb%2Fbtc_chart_1.jpg&t=665&c=n6vg3lMVfvwbxA)
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Snorek
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April 03, 2017, 02:00:27 PM |
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Consolidation zone entered. Expect some volatility right now. Another test for bitcoin. Ignore the yellow lines. Direction is right, but dont expect such big moves. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs13.postimg.org%2Fudai1hzfb%2Fbtc_chart_1.jpg&t=665&c=n6vg3lMVfvwbxA) So either we will go back to sub $1000 level or resume bullish trend and bitcoin might reach $1300 again? Support and resistance levels both seems to be placed very close to each other, around $1130. I expect we still gonna see extended period of consolidation/sideways trading before price move up or down.
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york780 (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
April 05, 2017, 08:04:37 AM |
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Consolidation zone entered. Expect some volatility right now. Another test for bitcoin. Ignore the yellow lines. Direction is right, but dont expect such big moves.
So either we will go back to sub $1000 level or resume bullish trend and bitcoin might reach $1300 again? Support and resistance levels both seems to be placed very close to each other, around $1130. I expect we still gonna see extended period of consolidation/sideways trading before price move up or down. Me too. I just wanted to show you with this chart that we would hava a fake move upwards or downwards. We will be flat for a while. Nice and flat in the $1000 - $1150 area for a month.
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york780 (OP)
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April 05, 2017, 08:09:58 AM |
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Like I said some days ago that a butterfly pattern is also a likely scenario when FUD is high. Well this is the butterfly of doom. Enjoy. I still expect that we wont make a significant down or upmove for a while. But hey, this is Bitcoin after all. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fs11.postimg.org%2Fnqq4x7hkj%2Fdoom_butterfly.jpg&t=665&c=TQWTWcQeF4vQOQ)
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Okurkabinladin
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April 05, 2017, 10:13:17 AM |
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Do we have a timeframe for the big move? End of april possibly? Or even later?
I dont want to have funds on exchange for longer than is neccessary as it is risky in and of itself.
Thank you all, guys. Your work is incredibly helpful.
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york780 (OP)
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April 05, 2017, 10:39:36 AM |
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Do we have a timeframe for the big move? End of april possibly? Or even later?
I dont want to have funds on exchange for longer than is neccessary as it is risky in and of itself.
Thank you all, guys. Your work is incredibly helpful.
Yes thats right. I advise you to wait untill the end of april. Bitcoin wont go anywhere untill then. I expect that SegWit2MB will be the solution for the scaling problem and that we will have SegWit and a hardfork this year. Ayway with all those people who have lost their money on exchanges i still dont know why you guys are using them. Dont keep any funds on it until the saling issue is solved. Use altcoins to buy bitcoin when the new trend is clear at the end of april. Fiat money is outdated in my opinion. When you dont grow you decrease. There is no middle ground. ' When you want to know which altcoin are going to moon bigtime this month please let me know. I dont know if I should post altcoinposts in this topic because its about bitcoin. Happy trading all.
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Iranus
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April 05, 2017, 01:07:39 PM |
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SegWit2MB will be the solution for the scaling problem and that we will have SegWit and a hardfork this year.
Just to clarify, the two are pretty much mutually exclusive. SegWit doesn't have a change that requires a hard fork so if it's chosen there won't be one. Ayway with all those people who have lost their money on exchanges i still dont know why you guys are using them.
I'd say it's okay to keep some of your Bitcoin on exchanges for trading, which is the main use of the speculation section. If a hard fork were imminent I would take it off straight away though. Use altcoins to buy bitcoin when the new trend is clear at the end of april.
What stable alts do you suggest? Alts like ETH and DASH were at least partially pumped it seems (falling now), and Litecoin is uncertain now as well. Monero or something? Any ideas? (Don't suggest ones that will "moon soon" those are always the riskiest even if they're good). If you're posting about altcoins only in relation to Bitcoin, it's fine on the Bitcoin section.
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york780 (OP)
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April 05, 2017, 01:14:01 PM Last edit: April 05, 2017, 01:31:23 PM by york780 |
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SegWit2MB will be the solution for the scaling problem and that we will have SegWit and a hardfork this year.
Just to clarify, the two are pretty much mutually exclusive. SegWit doesn't have a change that requires a hard fork so if it's chosen there won't be one. Ayway with all those people who have lost their money on exchanges i still dont know why you guys are using them.
I'd say it's okay to keep some of your Bitcoin on exchanges for trading, which is the main use of the speculation section. If a hard fork were imminent I would take it off straight away though. Use altcoins to buy bitcoin when the new trend is clear at the end of april.
What stable alts do you suggest? Alts like ETH and DASH were at least partially pumped it seems (falling now), and Litecoin is uncertain now as well. Monero or something? Any ideas? Altcoins that i predicted to pump bigtime : -Stratis -Creditbit They already pumped and so its the best to stay away from them. I advise Ethereum classic (ETC) , its stable and its going to make a significant upwards move. https://bitcointalk.org/index.php?topic=1559630.new#newCheck this out, i have posted a lot in this threat to clearify this upwards move. Its likely to increase to $10 at the end of the year.
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