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Author Topic: Bitcoin Will take brake  (Read 603 times)
Dart18
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December 12, 2019, 03:10:33 PM
 #21

A chance to buy.
This could some strategy for a cheaper bitcoin to be bought before the halving even starts.
A hype will surely happens even with those articles that being written which says there will be no movement after the halving.
It may be biased or just also a strategy for weak hands to sell their bitcoins.
Think about it. Whales buying cheap and then selling back while they also pump the price.
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December 12, 2019, 03:38:16 PM
 #22

I assoome 25% drop of bitcoin according to my very percise calculations.
Can i take a look at your calculations? so i can buy at bottom!

A chance to buy.
Indeed and proved from 1 cent to $10k until now.

Think about it. Whales buying cheap and then selling back while they also pump the price.
Those having too much money are collecting tons using this way

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December 12, 2019, 03:56:21 PM
 #23

I won't even believe you for a minute just by telling that your have “precise calculations” without even providing or what those calculations are. I've seen this type if FUD posts before where the FUDster is holding more alts hoping that it will trigger an alt season yet they only provide the FUD without backing it with any kind if analysis. If you want a healthy debate and for not other members to throw negative comments at what you are saying you must back it up with analysis so you wouldn't look like a total newbie out here.
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December 12, 2019, 04:06:03 PM
 #24

I don't think any of that will happen in the near future a 25% reduction will not be easy even though this is towards the end of the year ,an explanation for your current condition is there not anything in a related content on your topic? simply because the whale assumption is irrelevant

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Wysi
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December 12, 2019, 04:25:13 PM
 #25

I am just wondering where were you during those days when bitcoin was trending green during altcoin and ICO bloodbath? This might be your calculation but it does not apply for everyone and I don't think it will be a case for long time. I am just a bearish market trend which is going on for a long time but situation will change for good.

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December 12, 2019, 04:34:49 PM
 #26

I don't think any of that will happen in the near future a 25% reduction will not be easy even though this is towards the end of the year ,an explanation for your current condition is there not anything in a related content on your topic? simply because the whale assumption is irrelevant
Anything is possible in crypto market so expect a kind of scenario that might happen soon. In Q1 this year you know what was the price of bitcoin, right? Specially now that there is no sign of bullish trend since bitcoin halving won't have any effect after that not in a year after. So the prediction might be possible to happen though.

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December 12, 2019, 04:36:20 PM
 #27

I don't think any of that will happen in the near future a 25% reduction will not be easy even though this is towards the end of the year ,an explanation for your current condition is there not anything in a related content on your topic? simply because the whale assumption is irrelevant
I doubt that whales are still waiting for the right time to buy and they are also buying into news and taking advantage of it. They are smart they know when to take in and out in market. And marker is still in crisis and we can also take advantage and accumulate in time when it goes much lower.

And i think the value of Bitcoin will go much lower and bounce back again before this end of the year. Also wasting this oppurtunity when the market is in dip is like you want just to be a loser.


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Polo7 (OP)
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December 12, 2019, 05:25:54 PM
 #28

Thether is Minted I checked on whale alert.
But its Not used for Buy orders.

Whales are waiting When price go lower.

Btc support line is looking weak i think 5000 is the target here.
This year i Don't see btc to go to over 9-10k.




exstasie
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December 12, 2019, 05:56:02 PM
 #29

Basically here is the issue I see happening.

Too many people are bearish and everyone is expecting at least $6K and maybe even $5K. Everywhere I look whether its some trollbox, this forum, reddit, twitter, discord, everybody is pretty much short. And when the sentiment is one-sided its usually never a good thing.

I agree, I look at the BTCUSD trends from a weekly chart and it looks bearish since its making LH and LL, and the $6K would be a great area to go long. However look what happened a few hours ago. There was a 1 minute candle where the price went up $250 from $7200 to $7450 and liquidated a whole bunch of shorts. And this wasn't a big move, imagine the amount of shorts that would get liquidated if we hit $500 or $1000. And when we broke the $7080 low, what happened? It barely went down and quickly retraced. So it looks like there are no more longs to liquidate and just shorts to liquidate. So be careful out there.

Sentiment-wise, I'm seeing the same thing. Everyone and their grandma is bearish. Bitfinex's commitment of traders is really throwing me for a loop though. Longs keep rising and rising, up over 40K BTC now. Shorts are down near 6K BTC.

That's one of the things that's making me really question the low at $6,500.

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December 12, 2019, 06:40:42 PM
 #30

I don't know what break loss and why most people are advocating for the take over of altcoins in place of Bitcoin.
Who are the whales that purchased the altcoins? Do people just say whales just trigger people and other reactions?
I still don't think that the coming year is meant for altcoins so Bitcoin is taking no break.
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December 12, 2019, 07:40:58 PM
 #31

Capital is invested into  3rd level coins...

So 'Wall St' has piled into all of those dead ICOs and forks? What a fascinating approach to, erm, investment.

Luckily I have Bitcoin God, Bitcoin Pay, Bitcoin File and probably Bitcoin Bitcoin to fall back on since the real one is being ignored. Best news I've had all week.

my sense is that he's doubling down on his bitcoin losses and is making a hail mary play with lower cap altcoins. it's a classic crypto investor move.

i'll laugh so hard if dmwardjr is right and altcoin season begins next month. Polo7 might just get bailed out by the market. https://bitcointalk.org/index.php?topic=5140701.msg53309855#msg53309855

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December 12, 2019, 08:15:26 PM
 #32

my sense is that he's doubling down on his bitcoin losses and is making a hail mary play with lower cap altcoins. it's a classic crypto investor move.

i'll laugh so hard if dmwardjr is right and altcoin season begins next month. Polo7 might just get bailed out by the market. https://bitcointalk.org/index.php?topic=5140701.msg53309855#msg53309855

It's the '3rd level' that intrigues me most. If ETH is 1st level and maybe Dash is 2nd level then that leaves a Mariana Trench filled with the filthiest sewage imaginable. I guess at least some of it'll come back eventually.

If there's to be another alt season I'm very curious to see what it'll look like. I wonder whether everyone's learnt their lesson. Probably not so maybe OP will out earn us all with his/her obscurities.
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December 12, 2019, 08:16:52 PM
 #33

Capital is invested into  3rd level coins...
Top level coins Will take Some brake now.

Its a cheap coins season  as whales are buying Up cheap coins now! 

I assoome 25% drop of bitcoin according to my very percise calculations.
Precise calculation you say? I didnt expect for me to read on someone.  Grin
I dont know what you do mean about that 3rd level coins yet i do only believe on 2 divisions
which is only bitcoin & alts.If you do classify alts into levels then thats a personal perception
if 3rd levels are to those low cap coins then i dont see for those coins to be bought by whales anytime soon
Yes, there are projects that been chosen but an obviously pump and dump scheme.

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December 12, 2019, 08:41:46 PM
 #34


VERY PRECISE CALCULATIONS LOL You really caught the attention here and it seem like we are suppose to dump what we have right now before its too late.  Grin

Its not a god habit to sell all your BTC in hopes that all will follow so you can buy at discounted price. But I can tip my hat for someone who does that for trusting his precise calculations.

You bought altcoins or just with USDT?


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Polo7 (OP)
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December 12, 2019, 09:34:48 PM
 #35

my sense is that he's doubling down on his bitcoin losses and is making a hail mary play with lower cap altcoins. it's a classic crypto investor move.

i'll laugh so hard if dmwardjr is right and altcoin season begins next month. Polo7 might just get bailed out by the market. https://bitcointalk.org/index.php?topic=5140701.msg53309855#msg53309855

It's the '3rd level' that intrigues me most. If ETH is 1st level and maybe Dash is 2nd level then that leaves a Mariana Trench filled with the filthiest sewage imaginable. I guess at least some of it'll come back eventually.

If there's to be another alt season I'm very curious to see what it'll look like. I wonder whether everyone's learnt their lesson. Probably not so maybe OP will out earn us all with his/her obscurities.




Dash is  in 2nd  level like tron  atom grin...

3rd level is for new icos new comers or with lower volume coins.
Polo7 (OP)
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December 12, 2019, 09:38:18 PM
 #36

I don't know what break loss and why most people are advocating for the take over of altcoins in place of Bitcoin.
Who are the whales that purchased the altcoins? Do people just say whales just trigger people and other reactions?
I still don't think that the coming year is meant for altcoins so Bitcoin is taking no break.



Whales are big Old guys who got a lot crypto!

Yes Bitcoin Will have some brake time!
Captital inflow is in 3rd level coins now
25% is in few  2nd level coins! 

That's the situation wether we like that or we dont
Polo7 (OP)
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December 12, 2019, 09:40:40 PM
 #37

I assoome 25% drop of bitcoin according to my very percise calculations.
Can i take a look at your calculations? so i can buy at bottom!

A chance to buy.
Indeed and proved from 1 cent to $10k until now.

Think about it. Whales buying cheap and then selling back while they also pump the price.
Those having too much money are collecting tons using this way


Well I check daily crypto news and price charts and  also I check the distribution of stable coins

Hint : Minted transfered burned! 
That's called whale alert!
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December 12, 2019, 09:59:36 PM
 #38

If there's to be another alt season I'm very curious to see what it'll look like. I wonder whether everyone's learnt their lesson. Probably not so maybe OP will out earn us all with his/her obscurities.

Every market cycle brings new blood. It's also just human nature to look for "the next Bitcoin" given the past gains in the crypto market. I view another alt season as an inevitability.

Whether the OP can manage to cash in is up to the gods though. Most people are too impatient. I strongly believe in a variant of the maximum pain theory, that markets go where they will cause the most pain. If everyone's long, the market tanks and vice versa.

Alt season could very well be right around the corner, but under that theory, the OP will probably sell the bottom first.

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December 12, 2019, 10:05:20 PM
 #39

Capital is invested into  3rd level coins...
Top level coins Will take Some brake now.

Its a cheap coins season  as whales are buying Up cheap coins now! 

I assoome 25% drop of bitcoin according to my very percise calculations.

And that would be great in bitcoin goes 25% down. I'm sure everyone will be happy to get it because it's sooo cheap and at a discount. So let's see how it goes, if the whales play us again then it's better to ride with them. Smiley. So there are smart investors, buying when there is blood on the street, and then there are noobs, still waiting for the lowest price to get it. The choice is ours. Smiley

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December 12, 2019, 10:28:23 PM
 #40

Maybe it sounds like nonsense for people but still, halving, it means something and it comes in 5 month so do you really think that bitcoin will take break in it's hot moments? I highly doubt of course if you don't mean stable price for a while in brakes.
Also especially durinf bitcoin halving periods, 3rd party coins weren't so popular for investors cause massive rise comes from bitcoin and altcoins follow it but never surpass it's rise rate. Well, that's my opinion about it.

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