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Author Topic: Analysis  (Read 941375 times)
Enjel
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January 08, 2018, 01:29:49 AM
 #5621

Just lock up the computer with your wallet in it for a few months in the closet.

Enjoy life, and don't think about coins at all.

The come back, and sell (or hold) the Bitcoins that are now trading for $50k each.

Using crypto to pay for college.
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Hope_Trader
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January 08, 2018, 01:52:53 PM
 #5622

Just lock up the computer with your wallet in it for a few months in the closet.

Enjoy life, and don't think about coins at all.

The come back, and sell (or hold) the Bitcoins that are now trading for $50k each.

"shitting up the thread" indeed...



Anyways, he last gave us the classic up down or sideways (all bases covered). Each of his versions did end on a bullish note however. I won't quote it, you should be able to read. Anyone who thinks they know what is next with certainty, has some issues.

My best guess is still for ranging for some time, upto a few months. As you can see we are pretty firmly rejecting the latest bull run inside the range. So maybe we'll go test the lows again. 8-10k
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January 08, 2018, 01:54:12 PM
 #5623

masterluc has been very quiet the whole week?
Wonder what his insights are....
we have never actually corrected to below $10K despite what he predicts.

I think Russia has a couple more days of drunk before the hangover sets in, then back to business.

last I remember he was Ukrainian...?

he was talking about sounds of gunfire and battles in the distance back when the Ukrainian conflict was getting going to full swing...
heggerZ
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January 08, 2018, 10:16:17 PM
 #5624

A new post from masterluc

“What's Bitcoin? At bitcoins there is a bearish flag for now. I do not recommend shorts - I have not yet seen a clear turn. You know how it happens here with bearish figures ... I  congratulate the survivors from the New Year coma.”

https://ru.tradingview.com/x/Pov7bU0K/
ragnar0k
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January 08, 2018, 10:34:56 PM
 #5625

A new post from masterluc

“What's Bitcoin? At bitcoins there is a bearish flag for now. I do not recommend shorts - I have not yet seen a clear turn. You know how it happens here with bearish figures ... I  congratulate the survivors from the New Year coma.”

https://ru.tradingview.com/x/Pov7bU0K/

I was hoping for some good news...
snowdropfore
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January 10, 2018, 08:07:59 AM
 #5626

A new post from masterluc

“What's Bitcoin? At bitcoins there is a bearish flag for now. I do not recommend shorts - I have not yet seen a clear turn. You know how it happens here with bearish figures ... I  congratulate the survivors from the New Year coma.”

https://ru.tradingview.com/x/Pov7bU0K/
what does it mean?? bear market coming ,or what?

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Mallyx
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January 10, 2018, 10:25:14 AM
 #5627

A new post from masterluc

“What's Bitcoin? At bitcoins there is a bearish flag for now. I do not recommend shorts - I have not yet seen a clear turn. You know how it happens here with bearish figures ... I  congratulate the survivors from the New Year coma.”

https://ru.tradingview.com/x/Pov7bU0K/
what does it mean?? bear market coming ,or what?

He doesn't recommend to short, so I think he don't know.
birr
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January 11, 2018, 01:52:14 PM
 #5628

There's a new post with a picture of a guy wearing a virtual reality headset and some Russian text that I can't copy paste into Google Translate.
Can someone interpret the caption?  It ends with the words Canada, Toronto 2117 but what comes before has me stumped.
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January 11, 2018, 02:42:18 PM
 #5629

There's a new post with a picture of a guy wearing a virtual reality headset and some Russian text that I can't copy paste into Google Translate.
Can someone interpret the caption?  It ends with the words Canada, Toronto 2117 but what comes before has me stumped.

Something like: First cyber dwarf mining bitcoin, toronto canada 2117
birr
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January 11, 2018, 03:51:15 PM
 #5630

Where is Peter Dinklage when you need him?
explorer
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January 11, 2018, 05:17:53 PM
 #5631

Where is Peter Dinklage when you need him?

Not sure, but I heard it was something to do with hookers and blow...
Enjel
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January 12, 2018, 02:14:10 PM
 #5632

It just means that we're not out of the woods yet... duh...

I mean, we just had a large correction from 850 billion market cap down to 650 in a day. Bitcoin dropped from almost 18k to 13k at one point.

To think that small bounce back to 14k bitcoin is "safe" is not correct.

It's good that he isn't recommending a short, but right now we are still more bear than bull. We had a bounce, and now we are waiting for the retaliation, which will drive BTC prices down even more.

So just wait and see...

Using crypto to pay for college.
kosse
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January 12, 2018, 02:27:31 PM
 #5633

It just means that we're not out of the woods yet... duh...

I mean, we just had a large correction from 850 billion market cap down to 650 in a day. Bitcoin dropped from almost 18k to 13k at one point.

To think that small bounce back to 14k bitcoin is "safe" is not correct.

It's good that he isn't recommending a short, but right now we are still more bear than bull. We had a bounce, and now we are waiting for the retaliation, which will drive BTC prices down even more.

So just wait and see...

Exactly. We are more likely to go down than up. BTC as it is is almost unusable due to network congestion and high fees. I would love to see it go up but I doubt it will happen before these pressing issues are fixed. The problem is that LN is not a short term solution and there is no way of forcing big exchanges to use it in any case. Hell, many of them aren't even using segwit or batching (Coinbase etc.). I've started to seriously think about trading my bitcoins to ethereum or even bcash (even though I think that Roger Ver is a scam artist) to not to lose my assets.
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January 12, 2018, 03:42:44 PM
 #5634

It just means that we're not out of the woods yet... duh...

I mean, we just had a large correction from 850 billion market cap down to 650 in a day. Bitcoin dropped from almost 18k to 13k at one point.

To think that small bounce back to 14k bitcoin is "safe" is not correct.

It's good that he isn't recommending a short, but right now we are still more bear than bull. We had a bounce, and now we are waiting for the retaliation, which will drive BTC prices down even more.

So just wait and see...

Exactly. We are more likely to go down than up. BTC as it is is almost unusable due to network congestion and high fees. I would love to see it go up but I doubt it will happen before these pressing issues are fixed. The problem is that LN is not a short term solution and there is no way of forcing big exchanges to use it in any case. Hell, many of them aren't even using segwit or batching (Coinbase etc.). I've started to seriously think about trading my bitcoins to ethereum or even bcash (even though I think that Roger Ver is a scam artist) to not to lose my assets.

Do NOT reward the scammers.

If you are going to move to an alt.  Move to a real one.  You said Etherium, but I would prefer Monero or maybe Litecoin.  These are projects which set out to compliment BTC not subvert it.  And they have excellent dev teams, use cases, real world use, and positive communities.

Or...  just stick with the one true coin.
Enjel
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January 12, 2018, 04:13:23 PM
 #5635

If you want a good alt, try SpectreCoin. Better than Monero features-wise. Hype-wise, it's not quite there yet.

Using crypto to pay for college.
Toxic2040
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January 12, 2018, 06:10:11 PM
 #5636

Out..out...OUT...with the lot of you!


Have you no shame?  Sacrilege in the Temple. Do not profane this place with such talk of scamcoins.
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January 12, 2018, 09:04:44 PM
 #5637

Out..out...OUT...with the lot of you!


Have you no shame?  Sacrilege in the Temple. Do not profane this place with such talk of scamcoins.

The master never comes here anymore...  so I am not so worried.  I am a bitcoin maximalist myself except I think Monero is actually a better coin. Wink
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January 12, 2018, 10:14:59 PM
 #5638

There's only one crypto with real world products and real world usage: GameCredits (GAME)
 Grin
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January 12, 2018, 10:53:08 PM
Last edit: January 13, 2018, 01:41:46 AM by machouno
 #5639

I consider this thread as a sort of holy place where the wisest, oldest of the village come and talk. I love to listen to what they have to say.

I'm a newbie (6 months in crypto), all my friends are in alts, yet I'm making great efforts to keep the largest part of my portfolio in BTC, mostly because of what I read here. Yet those transactions fees are a huge problem. I went to a bitcoin gathering and for the first time in 5 years they had to accept LTC because the transaction fee was x5 the price of the ticket. This, and the fact that BTC is consuming more energy than Morocco, I'm not sure how BTC will stay ahead in the future.

I'll keep following masterluc of course.
Enjel
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January 13, 2018, 04:12:41 AM
 #5640

I consider this thread as a sort of holy place where the wisest, oldest of the village come and talk. I love to listen to what they have to say.

I'm a newbie (6 months in crypto), all my friends are in alts, yet I'm making great efforts to keep the largest part of my portfolio in BTC, mostly because of what I read here. Yet those transactions fees are a huge problem. I went to a bitcoin gathering and for the first time in 5 years they had to accept LTC because the transaction fee was x5 the price of the ticket. This, and the fact that BTC is consuming more energy than Morocco, I'm not sure how BTC will stay ahead in the future.

I'll keep following masterluc of course.

There is nothing to fear from alt-hopping. If indicators suggest that alt-season is here, while Bitcoin will remain stagnant, then there's no problem riding an alt to x10, then buying back 10x the amount of Bitcoin you had originally.

Using crypto to pay for college.
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