Critical Levels - EW analysis

[BitCoinNutJob]

We will probably see a flat correction here before a bit more down.



Do not despair of this bearish price action. So this is not an ending diagonal fifth, and it is not impulsive in the medium term picture - which can only be good for bulls longer term. This is consistent with a count of DanV that I posted a few moths ago now, that larger wave C is an ending diagonal. Not unlike tooty frooties chart published above.

https://www.tradingview.com/v/A1mFwkEG/

I am confident as I have been since this thread began that we will bottom above $200. Wave V is reaching a conclusion no matter which way you look at it. It is only a couple of months before the next rally begins that will take us easily to $700 and possibly to a new ATH.

Good to hear, DanV has been pretty sick at predicting, looking forward to the bull rally

[Afrikoin]

How about we play a game?

Call the BTC bottom!!!

I'll start $ 183

[LFC_Bitcoin]

How about we play a game?

Call the BTC bottom!!!

I'll start $ 183

We've already seen the bottom.
Those retard bears couldn't even take us below 200

[phoenix1]

How about we play a game?

Call the BTC bottom!!!

I'll start $ 183

We've already seen the bottom.
Those retard bears couldn't even take us below 200

'retard bears' lol

How is it somebody else's fault that you bought in at higher levels and are now underwater?
I get tired of hearing butthurt people blaming others for their financial decisions. Deal with it.

We are in the price finding and highly speculative stage of a young technology that will take time to mature, or may even fail. That seems less and less likely as time passes, but I think a lot of us are having a reality check on the time frames we thought were possible. Our expectations are to blame, not other people.

[jaredboice]

LFC_Bitcoin never mentioned anything about being butthurt regarding his bitcoin investment.  Longterm Hodlers don't sweat short-term price action.
Why so eager to paint bitcoin hodlers as butthurt speculators??

[phoenix1]

LFC_Bitcoin never mentioned anything about being butthurt regarding his bitcoin investment.  Longterm Hodlers don't sweat short-term price action.
Why so eager to paint bitcoin hodlers as butthurt speculators??

A am doing nothing of the sort ... my comment is based upon many of his previous posts and should be taken in that context.
There are bulls, bears, speculators and holders in any market ... no need to call them retarded. They all do what they do ...

Anyway ... enuf of this ... let's not pollute this thread 

[jaredboice]

LFC_Bitcoin never mentioned anything about being butthurt regarding his bitcoin investment.  Longterm Hodlers don't sweat short-term price action.
Why so eager to paint bitcoin hodlers as butthurt speculators??

A am doing nothing of the sort ... my comment is based upon many of his previous posts and should be taken in that context.
There are bulls, bears, speculators and holders in any market ... no need to call them retarded. They all do what they do ...

Anyway ... enuf of this ... let's not pollute this thread  

Well I figured out why you don't want to continue this conversation and "pollute this thread" lol
I just checked out the the history of his past posts.  On page 1 were these:

"The number 1 rule for everybody is only invest what you can afford to lose."

"I'd rather lose my entire BTC investment at $0 than sell now.
What's the point in living life if you don't take a few risks."

 

This represents the exact opposite of your claims that he is "butthurt" or that your comment fit inside of some context that actually makes sense. Please don't make trolling style assumptions when you comment on here or you'll be called out for it

[TrollinU]

LFC_Bitcoin never mentioned anything about being butthurt regarding his bitcoin investment.  Longterm Hodlers don't sweat short-term price action.
Why so eager to paint bitcoin hodlers as butthurt speculators??

Because you guys cry about "retarded bears" and "Weak hands" every time the price falls. Name calling is what people do when they are mad and can't control the situation they are in.

@LFC The bottom isn't in. Keep watching

[jaredboice]

LFC_Bitcoin never mentioned anything about being butthurt regarding his bitcoin investment.  Longterm Hodlers don't sweat short-term price action.
Why so eager to paint bitcoin hodlers as butthurt speculators??

Because you guys cry about "retarded bears" and "Weak hands" every time the price falls. Name calling is what people do when they are mad and can't control the situation they are in.

@LFC The bottom isn't in. Keep watching

Regardless of whether or not the bottom is in, and regardless of whether or not we call bears retarded for dumping at or near the bottom, not very many of us would describe our situation as "butthurt" being longterm hodlers.  

Certainly if any of these dumpers are early adopters, then I would describe them as simply taking profits off the table. But then again, why didn't they sell at $1163.... or $1000....or $900......or $800.......or $700...... or $600......  or $500........  or $400........ or $300......... all while very large companies are starting to get warm and fuzzy about Bitcoin and while Venture Capitalists are laying the ground work, making it appear pretty obvious to most that this bear market will certainly have to turn the other way at some point.  So you tell me, at what point does it become retarded to dump your coins?

[phoenix1]

LFC_Bitcoin never mentioned anything about being butthurt regarding his bitcoin investment.  Longterm Hodlers don't sweat short-term price action.
Why so eager to paint bitcoin hodlers as butthurt speculators??

Name calling is what people do when they are mad and can't control the situation they are in.

^^
This

Apologies for biting and name calling in return  
But it was not a generalisation as you so eagerly and incorrectly assumed

Find one post of mine where I have trolled people who hold or mock people for their losses. I don't do that
(and if you manage to find one, which I don't think is possible, I plead diminished responsibility on the basis of intoxication your honour )

EDIT: just seen your post, and to clarify for a 3rd time, it was not a generalisation. Do I need to spell that out again.

[LFC_Bitcoin]

I'm not remotely butthurt.
We are about 0.5 miles into a marathon.
I'll sit & wait for 25 years if I have to.
If BTC fails I tried, if it succeeds it will be very good.

[phoenix1]

I'm not remotely butthurt.
We are about 0.5 miles into a marathon.
I'll sit & wait for 25 years if I have to.
If BTC fails I tried, if it succeeds it will be very good.

Well perhaps you should quit the name calling then  
And good luck to you (no sarcasm) 

[jaredboice]

LFC_Bitcoin never mentioned anything about being butthurt regarding his bitcoin investment.  Longterm Hodlers don't sweat short-term price action.
Why so eager to paint bitcoin hodlers as butthurt speculators??

Name calling is what people do when they are mad and can't control the situation they are in.

^^
This

Apologies for biting and name calling in return  
But it was not a generalisation as you so eagerly and incorrectly assumed

Find one post of mine where I have trolled people who hold or mock people for their losses. I don't do that
(and if you manage to find one, which I don't think is possible, I plead diminished responsibility on the basis of intoxication your honour )

EDIT: just seen your post, and to clarify for a 3rd time, it was not a generalisation. Do I need to spell that out again.

I found one.

"How is it somebody else's fault that you bought in at higher levels and are now underwater?
I get tired of hearing butthurt people blaming others for their financial decisions. Deal with it."  

What a coincidence, that's the same post I was referring to a few seconds ago.  Remember when I did that?

I'll give you the benefit of the doubt if you can find just one post in LFC_Bitcoin's history when he said he was butthurt as a hodler.
(You did mention that there was a context regarding his past posts......so let's see it)

The Jeopardy Theme will be playing for you in the meantime.  

Until then, it seems very obvious you were both trolling and generalizing.  Have a good day, sir

https://www.youtube.com/watch?v=IkdmOVejUlI

[LFC_Bitcoin]

I'm not remotely butthurt.
We are about 0.5 miles into a marathon.
I'll sit & wait for 25 years if I have to.
If BTC fails I tried, if it succeeds it will be very good.

Well perhaps you should quit the name calling then  
And good luck to you (no sarcasm) 

Apologies.

Do bears keep a few coins just incase something crazy happens & we do soar?
Imagine if somebody is selling everything & the next day we reach a new ATH.

If I was a trader I'd have to keep about 10 BTC in cold storage just incase.

[phoenix1]

You so smart sir   <hat tip to jaredboice>
Good day to you too

If I was a trader I'd have to keep about 10 BTC in cold storage just incase.

Sounds like a good idea, particularly at these levels

No beef bro  

It seems very obvious you were both trolling and generalizing.

No, just speaking my mind

[jaredboice]

[phoenix1]

<childish gif implying assumed superiority>

Interesting ... just been looking at your post history and seen that you have decided to make it your one man mission in life to call out every troll on the forum. Some good calls you have made. But have you ever stopped to consider that you are becoming that which you seek out?

Reminds me of a Japanese saying ... something  along the lines of 'When you embark upon a mission of revenge, dig two graves ...'

[RyNinDaCleM]

<childish gif implying assumed superiority>

Interesting ... just been looking at your post history and seen that you have decided to make it your one man mission in life to call out every troll on the forum. Some good calls you have made. But have you ever stopped to consider that you are becoming that which you seek out?

Reminds me of a Japanese saying ... something  along the lines of 'When you embark upon a mission of revenge, dig two graves ...'

That is deep... Literally! I like it

[podyx]

[phoenix1]

hehehehe 
Me no mad, bit crazy, sure, but proud of it !!