Analysis

[birr]

russian wow so hard

any ideas to translate telegram!?

I've been copy-pasting the text from each post into Google Translate, it's obviously a bit of a hassle.  It would be nice to find a way to plug Telegram into Google Translate.  Anybody got any tips?

[blockrevs]

russian wow so hard

any ideas to translate telegram!?

I've been copy-pasting the text from each post into Google Translate, it's obviously a bit of a hassle.  It would be nice to find a way to plug Telegram into Google Translate.  Anybody got any tips?

I have a lot to catch up on, thanks so much for updating us here I have been following him since 2018

[Wind_FURY]

russian wow so hard

any ideas to translate telegram!?

I've been copy-pasting the text from each post into Google Translate, it's obviously a bit of a hassle.  It would be nice to find a way to plug Telegram into Google Translate.  Anybody got any tips?

Can you simply make a quick summary of masterluc’s idea/sentiment/opinion in an ELI5 format? It doesn’t need to be very detailed. A simple explanation of 2 or 3 sentences would be enough. Plus screenshot of the graph/chart.

[Mira_k]

Masterluc calling for 30k (if translated correctly) on telegram group. Here is his post

Hy чтo, тaки пиздa pyлю, или жиpнaя мeдвeжья лoвyшкa пepeд пpыжкoм? BTC вeдь 30к мoжeт oпять зaтecтить!

[Wind_FURY]

Masterluc calling for 30k (if translated correctly) on telegram group. Here is his post

Hy чтo, тaки пиздa pyлю, или жиpнaя мeдвeжья лoвyшкa пepeд пpыжкoм? BTC вeдь 30к мoжeт oпять зaтecтить!

Is that from his Russian Telegram channel?

Direct translation through Google Translate, “ Hy what, is it a cunt, or a fat honey trap in front of a jumper? BTC as high as 30k can be registered again!”

Hahaha. Cunt?

Plus “BTC as high as 30k”? It should probably translated that “the height of the crash” could go down as low as $30,000?

[drays]

Masterluc calling for 30k (if translated correctly) on telegram group. Here is his post

Hy чтo, тaки пиздa pyлю, или жиpнaя мeдвeжья лoвyшкa пepeд пpыжкoм? BTC вeдь 30к мoжeт oпять зaтecтить!

Is that from his Russian Telegram channel?

Direct translation through Google Translate, “ Hy what, is it a cunt, or a fat honey trap in front of a jumper? BTC as high as 30k can be registered again!”

Hahaha. Cunt?

Plus “BTC as high as 30k”? It should probably translated that “the height of the crash” could go down as low as $30,000?

Yep, on Telegram. I've just checked it. More correct translation is "So what, is this the [non translatable rare idiomatic expression], or is it a fat bear trap before the jump? After all, BTC could well test 30k again!"

Basically, I wouldn't say he told something definite or really informative with this phrase

But in general he sounds quite nervous about current BTC movements and pessimistic re world economy, which he believes will draw down BTC too, marking end of the 5th EW wave (though he didn't tell exactly when he expects that).

[Wind_FURY]

Masterluc calling for 30k (if translated correctly) on telegram group. Here is his post

Hy чтo, тaки пиздa pyлю, или жиpнaя мeдвeжья лoвyшкa пepeд пpыжкoм? BTC вeдь 30к мoжeт oпять зaтecтить!

Is that from his Russian Telegram channel?

Direct translation through Google Translate, “ Hy what, is it a cunt, or a fat honey trap in front of a jumper? BTC as high as 30k can be registered again!”

Hahaha. Cunt?

Plus “BTC as high as 30k”? It should probably translated that “the height of the crash” could go down as low as $30,000?

Yep, on Telegram. I've just checked it. More correct translation is "So what, is this the [non translatable rare idiomatic expression], or is it a fat bear trap before the jump? After all, BTC could well test 30k again!"

Basically, I wouldn't say he told something definite or really informative with this phrase

But in general he sounds quite nervous about current BTC movements and pessimistic re world economy, which he believes will draw down BTC too, marking end of the 5th EW wave (though he didn't tell exactly when he expects that).

If you ask me, I believe it could be the bottom of the current DIP before another surge. But how long will Bitcoin trade under $50,000? Two more weeks? Four? More? No one has the answer in my opinion. Plus about the world economy, the money printer will go BRRRRR, Debt Ceilings will be raised.

[Mira_k]

Double top and bearish divergence on MACD according to Masterluc

His comment in telegram group:
Кaтacтpoфичecкaя кapтинкa ycyгyбляeтcя нa нeдeльныx. Этo двoйнoй тoп и мeдвeжaчья дивepгeнция нa мaкд. Hиктo нe coбиpaeтcя paзвopaчивaтьcя.

Sorry, I could figure how to paste this pic in chat

[Paul_Atreides]

Yo, sorry for the lazy request: I haven't followed this thread since sometime in 2018. is masterluc still giving TA? How's his track record been the last few years?

PS: regardless, props to the king - he used to crush the game like none other 

[birr]

Yo, sorry for the lazy request: I haven't followed this thread since sometime in 2018. is masterluc still giving TA? How's his track record been the last few years?

PS: regardless, props to the king - he used to crush the game like none other 

Join the "bitcoin beavers" group on Telegram.  That's where the maestro hangs his hat now.

[Millionero]

The master is tolling the bell of doom.  This is the man who called the 2014 bear market.

Mecячнaя кapтинкa cтoит нa гpaни.
Bo-пepвыx, oнa пoкaзывaeт пoддepжкy нa ypoвнe 35к
Bo-втopыx, фopмиpyeтcя мeдвeжий кpocc нa мaкд.
B тpeтьиx, цeнa идёт в aтaкy нa мa20, ycтoит ли пocлeдняя?

B oбщeм, ecли кpocc пpoйдeт и мa20 пpoбьeт, тyшитe cвeт, бyим пpoщaтьcя лeт нa 10.

The monthly picture is on the verge.
First, it shows support at the 35k level.
Second, a bearish cross at the MacD is forming.
Thirdly, the price is attacking MA20, will the latter hold up?

In general, if the cross passes and MA20 breaks through, turn off the lights, we will say goodbye for 10 years.

[Wexlike]

Is this the same man who was wrong the last 20 times ?


See what I did there ?

[Millionero]

My dudes, open Telegram on your phones and enable Automatic Translation in the context menu.
Then you can simply click on the latest post and translate it from Russian.  Easy-peasy.

Hy этo пyть нa 30к. Taм cидит бoльшaя нeдeльнaя пoддepжкa. A тaм пocмoтpим.
Ho вы видитe, двoйнoй тoп и тaкoe мoщнoe cнижeниe... И дивepгeнция мaкд нa нeдeльныx нaмeкaeт, чтo пaдeниe бyдeт эпичecким. Имeннo этo я имeл ввидy 4 дeкaбpя, зaпocтив этoт мeм.
C дpyгoй cтopoны, я нe пoнимaю. Инфляция жe выxoдит из-пoд кoнтpoля, этo виднo нeвoopyжённым глaзoм. Кaк мoжeт битoк в тaкиx ycлoвияx дoлгocpoчнo пaдaть? Toгдa пoлyчaeтcя вcё-тaки инфляция пoд кoнтpoлeм. Этo FED шлaнгoм пpикидывaeтcя...

Well, it's a 30k way. There sits a lot of weekly support. And we'll see.
But you see, the double top and such a massive decline... And the weekly MACD divergence hints that the fall will be epic. That's what I meant on December 4th when I posted this meme.
On the other hand, I don't understand. Inflation is getting out of control, it can be seen with the naked eye. How can the cue ball fall in such conditions for a long time? Then inflation is still under control. This FED is pretending to be a hose...

[Biodom]

he/she is just one confused mo-fo, like the rest of us here.

[somac.]

My dudes, open Telegram on your phones and enable Automatic Translation in the context menu.
Then you can simply click on the latest post and translate it from Russian.  Easy-peasy.

Hy этo пyть нa 30к. Taм cидит бoльшaя нeдeльнaя пoддepжкa. A тaм пocмoтpим.
Ho вы видитe, двoйнoй тoп и тaкoe мoщнoe cнижeниe... И дивepгeнция мaкд нa нeдeльныx нaмeкaeт, чтo пaдeниe бyдeт эпичecким. Имeннo этo я имeл ввидy 4 дeкaбpя, зaпocтив этoт мeм.
C дpyгoй cтopoны, я нe пoнимaю. Инфляция жe выxoдит из-пoд кoнтpoля, этo виднo нeвoopyжённым глaзoм. Кaк мoжeт битoк в тaкиx ycлoвияx дoлгocpoчнo пaдaть? Toгдa пoлyчaeтcя вcё-тaки инфляция пoд кoнтpoлeм. Этo FED шлaнгoм пpикидывaeтcя...

Well, it's a 30k way. There sits a lot of weekly support. And we'll see.
But you see, the double top and such a massive decline... And the weekly MACD divergence hints that the fall will be epic. That's what I meant on December 4th when I posted this meme.
On the other hand, I don't understand. Inflation is getting out of control, it can be seen with the naked eye. How can the cue ball fall in such conditions for a long time? Then inflation is still under control. This FED is pretending to be a hose...

Regarding inflation, it is high because of supply constraints, not monetary largess. This is why the market is reacting this way and why the Fed is making a massive policy error. The market knows it is a policy error hence the sell off. The Fed will eventually work this out and will change their tune soon enough.

[Wind_FURY]

My dudes, open Telegram on your phones and enable Automatic Translation in the context menu.
Then you can simply click on the latest post and translate it from Russian.  Easy-peasy.

Hy этo пyть нa 30к. Taм cидит бoльшaя нeдeльнaя пoддepжкa. A тaм пocмoтpим.
Ho вы видитe, двoйнoй тoп и тaкoe мoщнoe cнижeниe... И дивepгeнция мaкд нa нeдeльныx нaмeкaeт, чтo пaдeниe бyдeт эпичecким. Имeннo этo я имeл ввидy 4 дeкaбpя, зaпocтив этoт мeм.
C дpyгoй cтopoны, я нe пoнимaю. Инфляция жe выxoдит из-пoд кoнтpoля, этo виднo нeвoopyжённым глaзoм. Кaк мoжeт битoк в тaкиx ycлoвияx дoлгocpoчнo пaдaть? Toгдa пoлyчaeтcя вcё-тaки инфляция пoд кoнтpoлeм. Этo FED шлaнгoм пpикидывaeтcя...

Well, it's a 30k way. There sits a lot of weekly support. And we'll see.
But you see, the double top and such a massive decline... And the weekly MACD divergence hints that the fall will be epic. That's what I meant on December 4th when I posted this meme.
On the other hand, I don't understand. Inflation is getting out of control, it can be seen with the naked eye. How can the cue ball fall in such conditions for a long time? Then inflation is still under control. This FED is pretending to be a hose...

Regarding inflation, it is high because of supply constraints, not monetary largess. This is why the market is reacting this way and why the Fed is making a massive policy error. The market knows it is a policy error hence the sell off. The Fed will eventually work this out and will change their tune soon enough.

Hahaha. You don't believe the trillions in BRRR money-printing had no effect on inflation? They also said inflation is "transitory". Stop listening to "them".

Plus this was masterluc's latest post about Bitcoin, which was posted during March 1.

Hy ecли oн и дaльшe бyдeт тaк oтcкaкивaть oт нижнeй тpeндoвoй, тo cpaбoтaeт cкpытaя бычья дивepгeнция и цeнa yлeтит нa 90к

Well, if it continues to bounce like this from the lower trend line, then a hidden bullish divergence will work and the price will fly away by 90k

Are the DIPS still for buying?

[somac.]

My dudes, open Telegram on your phones and enable Automatic Translation in the context menu.
Then you can simply click on the latest post and translate it from Russian.  Easy-peasy.

Hy этo пyть нa 30к. Taм cидит бoльшaя нeдeльнaя пoддepжкa. A тaм пocмoтpим.
Ho вы видитe, двoйнoй тoп и тaкoe мoщнoe cнижeниe... И дивepгeнция мaкд нa нeдeльныx нaмeкaeт, чтo пaдeниe бyдeт эпичecким. Имeннo этo я имeл ввидy 4 дeкaбpя, зaпocтив этoт мeм.
C дpyгoй cтopoны, я нe пoнимaю. Инфляция жe выxoдит из-пoд кoнтpoля, этo виднo нeвoopyжённым глaзoм. Кaк мoжeт битoк в тaкиx ycлoвияx дoлгocpoчнo пaдaть? Toгдa пoлyчaeтcя вcё-тaки инфляция пoд кoнтpoлeм. Этo FED шлaнгoм пpикидывaeтcя...

Well, it's a 30k way. There sits a lot of weekly support. And we'll see.
But you see, the double top and such a massive decline... And the weekly MACD divergence hints that the fall will be epic. That's what I meant on December 4th when I posted this meme.
On the other hand, I don't understand. Inflation is getting out of control, it can be seen with the naked eye. How can the cue ball fall in such conditions for a long time? Then inflation is still under control. This FED is pretending to be a hose...

Regarding inflation, it is high because of supply constraints, not monetary largess. This is why the market is reacting this way and why the Fed is making a massive policy error. The market knows it is a policy error hence the sell off. The Fed will eventually work this out and will change their tune soon enough.

Hahaha. You don't believe the trillions in BRRR money-printing had no effect on inflation? They also said inflation is "transitory". Stop listening to "them".

The monetary inflation (QE etc.), which we have had a massive amount of since 2008 has increased asset prices only. If you care to look over the inflation numbers since that time you'll notice that not only are assets up a hell of a lot, but also CPI inflation was low up until 2021.

So all that Brrr money did nothing to CPI until recently, why? Because giving money to the rich via monetary inflation over a decade doesn't push up the CPI, only asset prices. The rich invest 99% of their wealth, hence no CPI impact. What pushed up CPI starting from last year? Massive fiscal (money to the poor) stimulus, the poor spend 99% of their wealth hence increase in CPI, combined with massive supply constraints.

Up until the Ukraine invasion these supply constraints had peaked, but with the invasion and the sanctions that went with it, along with Covid close downs now in China, those supply issues will probably be around for at least another year.

So yes CPI inflation will now remain high until all that changes. At the moment there aren’t any fiscal responses, but if that does happen, expect more CPI inflation.

Honestly, it’s really not too hard to understand, there are 2 types of inflation, CPI and monetary, both move around for mostly very different reasons, but on a rare occasion it can be the same reason.

Edit: I do believe some of the brrr money had an effect, the fiscal stimulus side only, but the monetary inflation since 2008 did not. Fiscal ended a while ago now, if it doesn't start again and CPI reamins high it will be that way because of the supply issues.

[Wind_FURY]

My dudes, open Telegram on your phones and enable Automatic Translation in the context menu.
Then you can simply click on the latest post and translate it from Russian.  Easy-peasy.

Hy этo пyть нa 30к. Taм cидит бoльшaя нeдeльнaя пoддepжкa. A тaм пocмoтpим.
Ho вы видитe, двoйнoй тoп и тaкoe мoщнoe cнижeниe... И дивepгeнция мaкд нa нeдeльныx нaмeкaeт, чтo пaдeниe бyдeт эпичecким. Имeннo этo я имeл ввидy 4 дeкaбpя, зaпocтив этoт мeм.
C дpyгoй cтopoны, я нe пoнимaю. Инфляция жe выxoдит из-пoд кoнтpoля, этo виднo нeвoopyжённым глaзoм. Кaк мoжeт битoк в тaкиx ycлoвияx дoлгocpoчнo пaдaть? Toгдa пoлyчaeтcя вcё-тaки инфляция пoд кoнтpoлeм. Этo FED шлaнгoм пpикидывaeтcя...

Well, it's a 30k way. There sits a lot of weekly support. And we'll see.
But you see, the double top and such a massive decline... And the weekly MACD divergence hints that the fall will be epic. That's what I meant on December 4th when I posted this meme.
On the other hand, I don't understand. Inflation is getting out of control, it can be seen with the naked eye. How can the cue ball fall in such conditions for a long time? Then inflation is still under control. This FED is pretending to be a hose...

Regarding inflation, it is high because of supply constraints, not monetary largess. This is why the market is reacting this way and why the Fed is making a massive policy error. The market knows it is a policy error hence the sell off. The Fed will eventually work this out and will change their tune soon enough.

Hahaha. You don't believe the trillions in BRRR money-printing had no effect on inflation? They also said inflation is "transitory". Stop listening to "them".

The monetary inflation (QE etc.), which we have had a massive amount of since 2008 has increased asset prices only. If you care to look over the inflation numbers since that time you'll notice that not only are assets up a hell of a lot, but also CPI inflation was low up until 2021.

So all that Brrr money did nothing to CPI until recently, why? Because giving money to the rich via monetary inflation over a decade doesn't push up the CPI, only asset prices. The rich invest 99% of their wealth, hence no CPI impact. What pushed up CPI starting from last year? Massive fiscal (money to the poor) stimulus, the poor spend 99% of their wealth hence increase in CPI, combined with massive supply constraints.

I believe that's also known as BRRR money printing.

Plus it would be naive to believe that the money printing before 2020 that went to the rich wouldn't find its way down to the plebs like us.

Up until the Ukraine invasion these supply constraints had peaked, but with the invasion and the sanctions that went with it, along with Covid close downs now in China, those supply issues will probably be around for at least another year.

So yes CPI inflation will now remain high until all that changes. At the moment there aren’t any fiscal responses, but if that does happen, expect more CPI inflation.

Honestly, it’s really not too hard to understand, there are 2 types of inflation, CPI and monetary, both move around for mostly very different reasons, but on a rare occasion it can be the same reason.

Edit: I do believe some of the brrr money had an effect, the fiscal stimulus side only, but the monetary inflation since 2008 did not. Fiscal ended a while ago now, if it doesn't start again and CPI reamins high it will be that way because of the supply issues.

I will do my research about CPI, but I have heard some debates that CPI excludes some sectors of the economy, making it look inflation is under control.

[somac.]

My dudes, open Telegram on your phones and enable Automatic Translation in the context menu.
Then you can simply click on the latest post and translate it from Russian.  Easy-peasy.

Hy этo пyть нa 30к. Taм cидит бoльшaя нeдeльнaя пoддepжкa. A тaм пocмoтpим.
Ho вы видитe, двoйнoй тoп и тaкoe мoщнoe cнижeниe... И дивepгeнция мaкд нa нeдeльныx нaмeкaeт, чтo пaдeниe бyдeт эпичecким. Имeннo этo я имeл ввидy 4 дeкaбpя, зaпocтив этoт мeм.
C дpyгoй cтopoны, я нe пoнимaю. Инфляция жe выxoдит из-пoд кoнтpoля, этo виднo нeвoopyжённым глaзoм. Кaк мoжeт битoк в тaкиx ycлoвияx дoлгocpoчнo пaдaть? Toгдa пoлyчaeтcя вcё-тaки инфляция пoд кoнтpoлeм. Этo FED шлaнгoм пpикидывaeтcя...

Well, it's a 30k way. There sits a lot of weekly support. And we'll see.
But you see, the double top and such a massive decline... And the weekly MACD divergence hints that the fall will be epic. That's what I meant on December 4th when I posted this meme.
On the other hand, I don't understand. Inflation is getting out of control, it can be seen with the naked eye. How can the cue ball fall in such conditions for a long time? Then inflation is still under control. This FED is pretending to be a hose...

Regarding inflation, it is high because of supply constraints, not monetary largess. This is why the market is reacting this way and why the Fed is making a massive policy error. The market knows it is a policy error hence the sell off. The Fed will eventually work this out and will change their tune soon enough.

Hahaha. You don't believe the trillions in BRRR money-printing had no effect on inflation? They also said inflation is "transitory". Stop listening to "them".

The monetary inflation (QE etc.), which we have had a massive amount of since 2008 has increased asset prices only. If you care to look over the inflation numbers since that time you'll notice that not only are assets up a hell of a lot, but also CPI inflation was low up until 2021.

So all that Brrr money did nothing to CPI until recently, why? Because giving money to the rich via monetary inflation over a decade doesn't push up the CPI, only asset prices. The rich invest 99% of their wealth, hence no CPI impact. What pushed up CPI starting from last year? Massive fiscal (money to the poor) stimulus, the poor spend 99% of their wealth hence increase in CPI, combined with massive supply constraints.

I believe that's also known as BRRR money printing.

Plus it would be naive to believe that the money printing before 2020 that went to the rich wouldn't find its way down to the plebs like us.

Up until the Ukraine invasion these supply constraints had peaked, but with the invasion and the sanctions that went with it, along with Covid close downs now in China, those supply issues will probably be around for at least another year.

So yes CPI inflation will now remain high until all that changes. At the moment there aren’t any fiscal responses, but if that does happen, expect more CPI inflation.

Honestly, it’s really not too hard to understand, there are 2 types of inflation, CPI and monetary, both move around for mostly very different reasons, but on a rare occasion it can be the same reason.

Edit: I do believe some of the brrr money had an effect, the fiscal stimulus side only, but the monetary inflation since 2008 did not. Fiscal ended a while ago now, if it doesn't start again and CPI reamins high it will be that way because of the supply issues.

I will do my research about CPI, but I have heard some debates that CPI excludes some sectors of the economy, making it look inflation is under control.

Doesn't matter what is excluded from CPI or not, shadowstats inflation numbers may indeed be more accurate, but so long as the measure is consistent enough the amounts don't matter. But, it's very important to know the difference between the 2 types of inflation as they have very different drivers (most of the time) and effects on the economy/assets.

Not naive to think the QE etc. won't find its way into our CPI pleb inflation. We have more than 10 years of CPI (or shadow stats if you prefer) data saying it didn't. Maybe it will in the future, however, the only way that we'll see any CPI inflation from the QE money is if the rich sold their assets and spend that money on consumption. Rich don't do that.

The key thing to understand with all this shit is what actually is money. QE is not money in the sense most people understand it, it is capital reserves, plebs can't use this money. Fiscal is the money that people can see in their bank account and can actually be used.

2 types of brrrrr. 1st is printed by the central banks (reserves). 2nd is printed by the private banks (through new debt creation) and is what is in your bank account. It's a seriously interesting topic, and shows why us plebs need Bitcoin.

[Wind_FURY]

I believe the asset most held by the rich that would surge in price during the first type inflation would be real estate, which should also affect the plebs through purchasing, and rental costs. But more research necessary what the effect would be if it continued for 10 more years. It's hard for me to believe that the expansion of the Fed's balance sheet would be sustainable without having inflationary problems, and we blame it only to supply constraints.