All posts made by soxxx in Bitcointalk.org's Wall Observer thread
1.
Post 48853261 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.22h):
Its interesting if you look at Bitcoin on the weekly, this looks like capitulation more so than it does in 2015 on the weekly.
2.
Post 50423413 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.39h):
I got out of work and looked at my phone, loaded up coinbase app, looked at the price and thought my app was broken and had loaded an older date or something.
Bitcoin actually did it, it broke the resistance levels, the downtrend, set a higher high, etc.
3.
Post 50547542 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.41h):
He we go again, probably will be test $5800 by days end......
4.
Post 50879025 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.44h):
I wonder how those people who didnt buy at $3200 because they wanted $2500 feel right now? Could have been up 80%-90% already....now they must pray Bitcoin falls to maybe $4000.......
5.
Post 50912443 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.44h):
Why does it appear the Bull market has started much sooner? In 2015 the accumulation lasted for 9 months, this time it appears it only last 5 months.
Perhaps its because everyone anticipated it to last 9 months? the same way many anticipated the bear market to last longer than 2015 and to reach $2,500, which it didnt.....However you see Bitcoin rallied in 2015 from $160 to $500.....if that were to happen again we would see a rally to somewhere between $8,000-$10,000 before retesting $6000 one last time.
6.
Post 50912595 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.44h):
Another alarming thing....since one year ago we are nearly up 50% in Bitcoin Wallets despite the price being lower.
https://www.blockchain.com/en/charts/my-wallet-n-users?timespan=all
7.
Post 50930093 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.44h):
Nice, ethereums pumping hard to.
8.
Post 50959376 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.45h):
Hodlsleep.
5,929 🙂.
preev rate$6K in few hours!
Good night
How far we go if we break the $6k wall? close to $7k I would suppose.
9.
Post 50959622 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.45h):
Hit $5,990 on GDAX
10.
Post 50960254 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.45h):
This is borderline remarkable, $6000 was the strongest support in bitcoin history, when we fell through it should have been the biggest resistance. We essentially broke through it on the first try, we never bounced off of it hard at all. If we stay above this for a significant amount of time, it will be hard for Bitcoin to fall back through $6000........
What in the world.
11.
Post 50960506 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.45h):
Golden cross on 100/200 Daily MA on Bitstamp as red line crosses orange line from above. We are about to enter full, formal bull market on completion of this cross, leaving the baby bull market behind us.
Moving faster than it did in 2015, it actually resembles 2012 more than 2015.....July of 2012.
12.
Post 50990911 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.45h):
6666 soon ?
Im convinced now this run is going to take us to 10K before we finally see a retracement.
Buckle up boys....
13.
Post 50991005 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.45h):
Its just Math bro
14.
Post 50992108 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.45h):
The bottom is obviously in, you don't see moves like this in a bear market, we are up nearly 120% since the December low.
I wonder what the level of panic is for those who opted to not purchase any BTC because they expected $2500, $1800, $1200 etc....?
15.
Post 50992442 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.45h):
The bottom is obviously in, you don't see moves like this in a bear market, we are up nearly 120% since the December low.
I wonder what the level of panic is for those who opted to not purchase any BTC because they expected $2500, $1800, $1200 etc....?
That was the reason why I decided to DCA instead of doing all-in and all-outs.
We just witnessed it again. You can't really be sure %100 if the bottom is in even though we were sitting right on it. Except Lambie, bastard was telling the bull market has started and people were telling him to fuck off. I remember.
I also saw Max Keiser a few weeks ago saying that we are in a bull market but he did it so smoothly, people didn't really understand If he was joking or not.
Yet here we are.
Overall I am happy with my choices, I coulda bought a lot but on the other hand I could have bought nothing at all while waiting for the absolute bottom which came and went 5 months ago. During last 5 months, I increased my BTC stash by... wait for it...
% fucking 50.
I would call it a win.
One More Thing:
FUCK TONE VAYS SIDEWAYSI dollar cost averaged in as well, there was a certain number of satoshis I wanted, and I got 90% of what I wanted at prices in the $3000 levels. I had some cash sitting on the exchange still for a buy order at $4200, HOWEVER decided to FOMO in with it yesterday because it pretty much bought the remaining satoshis I sought to get originally. I expected the accumulation period to last longer, so I am still a tad mad about that, but I got what I wanted. I actually increased my BTC stash by about 50% of what I already had also.
At this point im expecting this rally to continue up to $9k or $10k, followed by a dip down to $6k, then a slow ride back up to $10k again, and then off to the races in 2020 as we move close to a new all time high.
16.
Post 50992764 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.45h):
This whole dip was just nothing more than a false breakout downward, we are back on the train tracks from the 2015 Bull Market
https://www.tradingview.com/x/T6ozWrAb/
17.
Post 50999502 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.45h):
Passed $7000 on Coinbase Pro for a brief amount of time.
18.
Post 51031029 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.46h):
We are in a bull market. GG Bears, but you have lost, and lost control.
19.
Post 51038244 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.46h):
If this ends up playing out, and Mcafee is correct, it would be absolutely incredible.
20.
Post 51039202 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.46h):
Not going to lie, Ive been controlling my emotions and haven't gotten to excited, but im starting to feel the euphoric feeling again. Not because of the pump to $8,000, but because of the realization we are just getting started on the next bull run, which based on how soon it has started, MAY have the potential to exceed the last one percentage-wise....
21.
Post 51039652 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.46h):
Here we go, the entire Crypto market is now at 239 Billion, a higher "high" has been put in....
22.
Post 51054732 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.46h):
So if we break 8.5k its likely going to 10k?
23.
Post 51071726 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.46h):
It appears to me we are in an ascending channel.....with the next move up likely to hit 8.5k, and then from there either rejection or 10k.
https://www.tradingview.com/x/0nxZ3owX/
24.
Post 51072829 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.46h):
When Warren Buffet gonna buy?
After Bitcoin goes to the moon.
25.
Post 51072903 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.46h):
Pullback or not we are going to the moon within 3 years, and we are just start to get launch off of earth.
I can't wait for people to ask "Hey how is that bitcoin going (With a smug face)"......."Oh you mean up 150%"......a lot of common folk still think its dead, I'm still waiting see Facebook posts about it, haven't seen one yet. A lot of people were proclaiming how they were right about Bitcoin being a "bubble scam" last year....
26.
Post 51086725 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.46h):
The image isn't clear to me. Is bitcoin at 2015 fell down before it rallies up? Many scenarios was viewed this way. So I think that this will be the scenario we might see in the coming days.
But a difference is that in then in 2015 and now (2019) there is a halvening event coming up, in about roughly 372 days
https://www.bitcoinblockhalf.com/The other difference is the length between the bottom to the rally, in 2015 it bottomed in January and didnt start moving up until September, this time it took 3 1/2 months between December to the beginning of April before the rally began. Also the length from $1.2k to $160 took almost 14 months, the length from $20k to $3.1k was 12 months.
Things are moving faster, so what this tells me, this BEAR/BULL cycle we are in will be somewhere between the 2012 and 2015 cycles, I think we will exceed the percentage that we saw from 1.2k to 20k......
27.
Post 51101859 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.46h):
The Bulls are close to sending this back up to $8k.....if that happens so soon, we are certainly in a bull market.
28.
Post 51111129 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.47h):
Quick $BTC comparison with wall street cheat sheet.
I strongly believe this is the DISBELIEF stage. I've personally seen tweets/replies mentioning that this rally will fail (suckers rally). 🤑
Once #Bitcoin regains 8k again, we will see emergence of HOPE. 🤩
https://twitter.com/oddgems/status/1129555334639497216The Bears will tell you that we are still at the denial stage.
29.
Post 51160590 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.47h):
We all die in the end, money doesn't mean anything
Bitcoin may lead to transhumanism, if you can place yourself on the blockchain permanently.
30.
Post 51186668 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.47h):
The price is about $3k higher than it should be at this part of the cycle. We are already higher than what the December 2019 peak should be. It’s all gravy.
Am I the only one kind of wishing their lives away until a point in the future, probably late 2021 or something?
No, I've got kind of a low key depression going on. I should be enjoying every moment of life, but I feel like I'm just going through the motions every day and just trying to "survive" until I can retire within 2-3 years, hopefully.
It makes me wish I was in a coma for three years. ATM, I'd probably be happier if I never heard of bitcoin. Weird situation
And I feel bad for feeling bad about this.
We need a fucking therapist in this thread.
Not sure why anyone would wish their lives away?....you are going to miss these days, i'm telling you....these are the days that will form what you become.
31.
Post 51186980 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.47h):
Looking at the charts over the last 24 hours... I'm starting to get the fear. Not so sure about us hitting $9k within two weeks any more.
Let us see how the corn grows.
Hodl.
The price is about $3k higher than it should be at this part of the cycle. We are already higher than what the December 2019 peak should be. It’s all gravy.
Im going to be honest, people have different views on why this market has jump started earlier, but here is my opinion, I believe we are going to see the mean average between the 2012 cycle and the 2016 cycle. I think we are going to see greater percentage gains than the last cycle, but it wont be as great as the first cycle. It also wont last as our previous cycle, I think June/July of 2021 we will peak out anywhere between $250k to $500k. The last few weeks of the cycle will see more money flow in than the previous 12 years, no different than December of 2017, its hard to pin exactly where, but I think it will be greater than 12,000% gains from $20,000.
Heres, the Mcafee Forecast, its still actually plausible but we are talking about going from $150k in November of 2020, to a million within 2 months, when he refers to "its just math" he is just taking the average of the last two bull runs with the same amount of days from the first one....time will tell:
https://www.tradingview.com/x/TpfXWwQI/
32.
Post 51187658 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.47h):
Relax and start planning to make your dreams come true. Financial freedom at the horizon is imo already a certain outcome.
Somehow, i have this nagging feeling that it might not happen.
Essentially, it would mean minting of millions of new millionares.
Too much deviation.
I actually tried to calculate what would be the price of btc be for total numbers of millionaires going up by less than 10% (from the current 33-36 mil millionaires).
I got about 0.86btc-1.28btc for $1 mil or 780K-1.16mil/btc (for total of about 2.75-3.5 mil accounts).
This is possible, but too much of a dream. How often dreams come to a realization?
I had the same vibe at 20K...feeling that it is somehow wrong. Maybe too early?
It only feels like that because we are deep in the game. There are SO MANY people who don't understand Bitcoin....not even just older people, but younger people, people who spend hours upon hours on the internet, on reddit, youtube, gaming forums, etc DONT EVEN UNDERSTAND Bitcoin. If the people who live on the internet don't understand it/arent in it, then you know the rest of the world definitely does not have a clue. A million dollar bitcoin is far from impossible....
In a way it sometimes feels to easy, because I think we all know what the outcome of this whole thing is going to be, but in another way it doesn't, especially after a bear market, the bottom line is, the people who are in it now only are taking risks if they don't understand, for the people that understand, we just know. Just like how we all knew the market would bottom out and turnaround eventually even though 99% of the world thought it would die and still think its dead, when in reality we are up over 150%.
33.
Post 51188638 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.47h):
One problem with these analysis based on previous cycles is that they dont consider social and political impact, like the trade war between US and China, and sanctions against Russia and Iran, for example.
Thats probably the reason why this cycle started earlier, and will go much higher than what the bears who talk about "diminishing returns" are predicting.
Russia flat out stated they would be buying billions in bitcoin in the spring due to the sanctions and its likely they did.
34.
Post 51216926 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.48h):
"Geology is the study of pressure and time. Thats all it takes really... pressure... and time..."
₿
35.
Post 51225751 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.48h):
I think we will be challenging $8300 by days end.
36.
Post 51228272 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.48h):
Bitcoin looking bullish on the 15 minute, it broke out of the wedge pattern, should get up to $8100 and then if it breaks through there then $8300 and then off to $9.5k
37.
Post 51228499 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.48h):
Bitcoin looking bullish on the 15 minute, it broke out of the wedge pattern, should get up to $8100 and then if it breaks through there then $8300 and then off to $9.5k
boom!
This may be it, could be at 10k by days end.
38.
Post 51228558 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.48h):
At the pivotal 8.5k on GDAX.....
39.
Post 51228620 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.48h):
Just have to get through these sell orders, and its on to 9k.
40.
Post 51228629 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.48h):
We are OFFICIALLY at a higher price than we have been at any point during the last 365 days......
41.
Post 51228855 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.48h):
42.
Post 51228907 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.48h):
Interesting, Bitcoin is moving, but so are the Alts. The Alts didnt seem to move much on the other pumps.
Bitcoin dominance up to 61%
43.
Post 51228993 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.48h):
Not quite. I dream of Rio.
44.
Post 51229900 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.48h):
what is the deal with all this boring sideways lately?
The money is flowing from Bitcoin into the Alts right now, once that ceases, Bitcoin will continue upward.
45.
Post 51229988 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.48h):
Bitcoin dominance retracing back to where it started on the 1 hour, however Bitcoins price is maintaining itself. Move incoming again real soon it looks like.
46.
Post 51276840 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.48h):
The bulls are pushing the alt coin market cap through resistance, if that happens the crypto market takes off, and money will have to flow through bitcoin, which will push Bitcoin up. (not that Bitcoin needs the alts, but it won't hurt it because all this money goes back into bitcoin at the end of the day).
47.
Post 51277167 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.48h):
The shackles are about to be taken off the alt coin market, the amount of money that is about to flow through Bitcoin will be immense, just remember the money ends up back in Bitcoin at the end of the day. Have fun and buckle up.
48.
Post 51283260 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.49h):
Is this it guys? did we just break the bull flag? $9000 incoming
49.
Post 51283367 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.49h):
ITS OVER 9000!!!!!!!!!!!!!
50.
Post 51322256 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.49h):
price was around $3500 on stamp when i came back to bitcointalk after a 10month break. unfortunately I did not listen to my own words and kept a 1/3 of my powder dry for that "dip to $1000". had to buy back all the way up to 7k region because of denial/stupidity/awe/"big retrace coming"/6k mother-of-all-resistance crap.
Don't worry. Many of us did the same mistake.
I was pretty sure for another lower low under $3k. It was very chaotic back in the day. Everybody was telling something and I couldn't choose who to believe really. I unsubbed to Tone Vays and I am pretty sure he is aiming for $500k now. Piece of shit was screaming for $1k literally.
In the end It was my mistake, nobody handcuffed me and I still increased my stash by %50 from November to May... so...
Still... coulda bought a lot more...
If it ever hits $6k, I am taking no prisoners this time and that's why this is not going to happen.
In the big picture you still got in near the bottom, after it broke above 6k I threw the rest of my money in because I knew at worst it would retrace to 6k. I did DCA since last October so I bought the bottom but when bitcoin is 6 digits you will be glad when you got in when you did. If you had bought at 3.5k and it went down to 1.2k you would have been feeling the same way, it's just emotions obviously.
51.
Post 51374222 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.50h):
We are definitely going down to somewhere near $6000 again, HOWEVER we should retest $9000 about 40 days after we first hit it.
So mid July we will be around $9000 again. This is November/December 2015 all over, its pretty much the same. We saw a 200% move up from the bottom, both times, followed by a 40% decline, its possible we hit $5400 on a wick, but I would be looking at $6000-$6500 as our next higher low, which will then be followed by a retest of $9000 40 days from when we first hit it, same as in 2015 it hit $500, bounced down to $300 then hit $500 about 40 days later.
52.
Post 51374248 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.50h):
Whelp, just bought another $1,000 worth of corn below $7,500, so I guess that's nice
Nothing wrong with it, im fairly certain it will go down to $6000, HOWEVER I bought Bitcoin yesterday and I dont regret it whatsoever.
Long term, the difference between buying at $7500 and $6000 is small, you cant time these things, just ask the masses of people who didnt buy at the $3000 level.
53.
Post 51374385 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.50h):
I've still got some fiat sitting on an exchange, waiting for that $2,850 dip.
stillwaiting.jpg
I'll probably just use it up if we get to the $6,000s. If we drop to the low $6,000s, I'll lock and load some more.
The only way I see $2850 is if we doubled topped at $20k because we went parabolic again. With that said, I dont think we see $20k in the immediate future, or a parabolic move to $20k this year. I think next year we will see $20k at some point after the halving and then in 2021 we see Bitcoins run for glory. ($100k-$500k)
54.
Post 51374453 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.50h):
We are definitely going down to somewhere near $6000 again, HOWEVER we should retest $9000 about 40 days after we first hit it.
So mid July we will be around $9000 again. This is November/December 2015 all over, its pretty much the same. We saw a 200% move up from the bottom, both times, followed by a 40% decline, its possible we hit $5400 on a wick, but I would be looking at $6000-$6500 as our next higher low, which will then be followed by a retest of $9000 40 days from when we first hit it, same as in 2015 it hit $500, bounced down to $300 then hit $500 about 40 days later.
Another SOMA prediction based on NOTHING. Why in every shitty prediction we first need to go down before going up?
Its not based on nothing.
55.
Post 51374830 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.50h):
Whelp, just bought another $1,000 worth of corn below $7,500, so I guess that's nice
Nothing wrong with it, im fairly certain it will go down to $6000, HOWEVER I bought Bitcoin yesterday and I dont regret it whatsoever.
Long term, the difference between buying at $7500 and $6000 is small, you cant time these things, just ask the masses of people who didnt buy at the $3000 level.
So if one buys 1000, 6K
BTC its not big of a difference with 7,5K
BTC? when they rise to a 100K ?
There is a difference but there is a much bigger difference if they dont buy at 7.5k because they want 6k, and then bitcoin rises to 100K while they are still waiting for 6k.
If Bitcoin goes to $100k
$1000 at 7.5K=$13,330
$1000 at 6.0k=$16,660
So you would risk $13,330 because of a $3,330 difference? $1,000 vs $13,330 is a lot more riskier than $13,330 vs $16,660
56.
Post 51376722 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.50h):
Watched Tone Vays debating with someone for the first time, and I hope that I never get to see this guy debating ever again! The way he defended BTC was totally pathetic.
Roger Ver Debates Tone Vays (FULL DEBATE) - Malta 2019https://www.youtube.com/watch?v=nKqgKdJ7504Didnt that guy say we were definately going down to 1k?!?
People still listen to him?
57.
Post 51412934 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.50h):
It's nice to walk outside and be reminded just exactly where we are heading.
58.
Post 51413973 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.50h):
It's nice to walk outside and be reminded just exactly where we are heading.
It's a nice place, I think that is cold weather place not like ours always summer(hot), where this located at?
I hope we're near heading soon the price of bitcoin to the moon.
#stronghands'19
NY it was actually nice today, usually not too warm though.
59.
Post 51436696 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.50h):
Not a trap. 10k in a week.
could go either way but more chance of 6.5 in a week imo
I agree with this, it will be so short-lived though. I think once when it hits the $6000s people are going to be buying it up.
60.
Post 51437235 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.50h):
Not a trap. 10k in a week.
could go either way but more chance of 6.5 in a week imo
I agree with this, it will be so short-lived though. I think once when it hits the $6000s people are going to be buying it up.
... and if we'll fall to 6k you will be running around yelling that we'll need to go down to 4k to buy etc... what makes you think 6k is the ultimate buying point?
No I can care less, I already bought at 3k.
61.
Post 51500550 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.51h):
This is on the 1 hour, possible moonshot to 10k coming within then next 5 hours.
62.
Post 51500794 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.51h):
BOOM here we go
63.
Post 51541702 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.52h):
Whelp, just bought another $1,000 worth of corn below $7,500, so I guess that's nice
Nothing wrong with it, im fairly certain it will go down to $6000, HOWEVER I bought Bitcoin yesterday and I dont regret it whatsoever.
Long term, the difference between buying at $7500 and $6000 is small, you cant time these things, just ask the masses of people who didnt buy at the $3000 level.
So if one buys 1000, 6K
BTC its not big of a difference with 7,5K
BTC? when they rise to a 100K ?
Still waiting on that 6k Bitcoin?
Glad I threw the rest in at 7.5, because im not greedy
64.
Post 51542377 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.52h):
The sellers are drying up, lot of long term investors that won't sell until we see 6 digits.
65.
Post 51543123 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.52h):
Good, between this, the halving, the normalization of crypto, the price will surge to unprecedented levels because the demand will be through the roof and the bitcoin available for sale will be very small quantity.
66.
Post 51543204 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.52h):
We are now 11 months away from the halving. Dread it, run from it.......destiny still arrives
67.
Post 51548962 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.52h):
If you told me that we would be at 10k before july.....heck even 5k, I would have thought you were crazy, can't believe how this has gone down.
Does anyone have the side by side chart comparison from the last 2 bear/bull markets?
68.
Post 51549914 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.52h):
TBH, "breaking" $10k ain't going to be easy. It's a very strong number:
-Back in February/March 2018, it acted as a support.
-From March 2018 to May 2018, it acted as a strong resistance, and BTC was ultimately rejected at near to $10k.
-Psychological resistance (the round number).
My guess is that we're going to stay below $10k for a while (for a couple of months) and then break it. Till then, we'll keep on touching it again and again and face rejections.
12K by Tuesday confirmed
Perhaps.
This feels better than late 2017, so much better.
69.
Post 51552820 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.52h):
Just by the eye test, this bull market looks more like the 2012 one, than the 2016 one. Who would have thought?
70.
Post 51553262 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.52h):
Just by the eye test, this bull market looks more like the 2012 one, than the 2016 one. Who would have thought?
You probably mean 2013 rather than 2012, but who is counting
Well either, i mean the cycle looks like the first bull cycle, not the last one, definitely not counting
71.
Post 51554980 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.52h):
edit
72.
Post 51555086 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.52h):
Trending worldwide.
Trends for you, Bitcoin and ... Hannity???
LOL I dont even watch FOXnews, i dont even know what those other things are.
73.
Post 51555424 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.52h):
FOMO people flowing in now we hit 10k
Wow just wow....its hitting me now harder to, in 2017 there were MANY people selling after $10k because they had their positions from 2015/2016/2017(early).....there are no where as many sellers right now. This could get up to 20k just as fast, like next month in July. I never thought this would happen, if the demand rockets this thing isn't going to stop, and when the halving happens the after burners will come on. Its hard to process how this happened, just 3 months ago this market was bearish and completely beaten, how did it turn around like this so quickly.....
74.
Post 51555472 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.52h):
One thing is for sure. Nobody expected this at this moment. We (all) know fucking nothing. Just HODL.
Exactly. I HODLd through 2018 and I don't regret it, I always felt like at any moment this whole market could flip, and I would HATE to be someone who sold at $3000 because they thought it was going a little lower and they could get more. This market could have flipped last November at $6000, you just never know, thats markets for you.
75.
Post 51577879 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.52h):
New Yearly high in, 12k incoming?
76.
Post 51578939 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.52h):
We are at Dec 3, 2017´s price... 12 days later we were at ATH.
Based on the above we could be in the next bear market within a month.
That is a very good observation. The exponential rise we are in at present is just the sort of move that ends a bull run, and starts a long bear market.
However, comparisons with Dec 2017 are invalid for a number of reasons.
My own observation is that the medium-term chart looks strange compared with 2015-6. Price has significantly deviated from the nice steady early stage bull market of the first few months of the year, and now resembles a late-stage bull run. However, that is not to say that there couldn't be other developments.
That makes for a greater unpredictability.
You could be losing credibility if you were to embrace that bearmarket theme too much, Majormax. When people speculate about pie in the sky scenarios and happenings that have very low probability of playing out, then that is NOT a "good observation." So, in that regard, I appreciate your assessment that this is a bit of an uncertain situation rather than something that is flipflopping between bear market to bull market to bear market.
Markets, including bitcoin, don't just switch back and forth from bear to bull to bear without a bit of reason for it.
Yeah, of course, if this market gets too overheated, then we have decent chances to experience a large and perhaps drawn out correction, but that still would not signify that we immediately transitioned back into a "bear market".. just makes no sense....
NOW if such a BTC price correction were to take us below $5k and even stay prolonged for 6 months or more, then that would be another story regarding whether the more accurate assessment would be that we actually would have transitioned back into a bear market...
In other words, if bear wannabes, have not gotten the memo (you seem to recognize this fact), we are currently in a bull market until circumstances justify changing the label, so even if we get a bit too overheated in our current UP, that would not mean that we are all of a sudden, again, transitioned into a "bear market." Otherwise, I agree with you assessment that we are in a bit of a strange territory, at the moment, but since when have we ever expected bitcoin to act within TA parameters of mature markets, when BTC's market is no where near mature, and there is also a bit of a exponential adoption s-curve that can account for some of the irrationality towards the upside that might actually allow buy support to keep up with some of these seemingly outrageous and ongoing upwards price moves.
I think its just the public sentiment too. I think in 2015 there was a real fear that Bitcoin might not ever get back to 1.2k As bad as this previous bear market was, there was still an underlying confidence that we would get back to 10k, 20k, and eventually go to 100k and beyond. I never thought the money left, it was just sitting there waiting for the bottom, in 2015, the money left and wasn't waiting to buy again.
Also, in 2015, people weren't anticipating that the next bull run would take Bitcoin to 20k, you can go back and look at the topics, most people though 2k, 3k or 5k would be the absolute top, and that it wouldn't happen until 2018 or 2019. I think the people buying now are buying for the long term, which means the supply for sale is very limited, with a high demand, the price has to surge. Now if all these people buying don't plan to sell until at least 100k, combined with the demand rising, AND the halving which will further limit the supply. Also the miners in 2015 were likely not holding the way miners are now holding the Bitcoin they earn. I think right now we are indeed setting up for a bull run that will exceed 2017 percentage-wise that will last until 2021.
77.
Post 51603608 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.53h):
Could this really be a 20k summer? what the heck
78.
Post 51603680 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.53h):
On June 18 we were at $9000, June 25 we are at $12000...........
79.
Post 51604559 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.53h):
Ahh, what a pleasant surprise to wake up and see we are $
12 069 12130! If someone told me in March, when we were hanging above the cliff, what will be the price in June, I would have told him that the probability is <0.1%. But here we are, and who knows what
BTC is preparing for us until the halving. I am starting to think it will be better to go on an unpaid leave of absense on some island with no internet and return after a year. I can't imagine what the price will be then
I had a room full of people laugh at me in march.
"hey so hows bitcoin doing?!?!?"
Me: "Im buying it up"
Whole room "HAHAAHAHAHAHAHAA"
All I hear is crickets and silence now.
80.
Post 51612244 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.53h):
I refreshed coinmarketcap and see Bitcoin way above $13k....what the heck!!!!!
81.
Post 51613838 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.53h):
Why btc is going vertical?
Two possibilities:
1. We don't know something important.
2. We are being played.
I worry about the second, hoping for the first.
This is not something usual.
or everyone is taking their position and won't be selling until 6 digits.
Who would be selling right now?
HODLers? No
Miners? No
Institutions? No
It's the dawn of the new Era of currency.
82.
Post 51674626 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.54h):
could it be somehow that we're currently watching the burst of a mini bubble between the last major bubble and the next major bubble after halving in 2020? maybe it was to early for the next real bubble.
I doubt it. You seem to be giving too much benefit of the doubt to bear narratives and or bitcoin is a bubble FUDsters.
We are just experiencing a normal correction that comes from a short-term period of too much exuberance. You saw that exuberance from a few days ago, no? Outrageously excessive for a period of time, so we could hardly have expected that level of excessive exuberance to NOT correct at some point.
We need a 30% correction, I agree this is normal, if it corrects 50%+ ill start to worry.
83.
Post 51755546 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.55h):
We just set a "higher high" in this structure.
84.
Post 51792922 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.55h):
Trump tweets are like earthquakes to the MSM, great day for Bitcoin.
85.
Post 52075132 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.58h):
There were originally reports of multiple shooters at different areas of the walmart/mall.
86.
Post 52076042 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.58h):
Looks like bitcoin broke out of a falling wedge on the 1 hour, the target puts us above $12,000. What do I know though
87.
Post 52076259 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.58h):
Looks like bitcoin broke out of a falling wedge on the 1 hour, the target puts us above $12,000. What do I know though
Seems to be going that way, it's now moving upward, trading at $11900 in Binance.
yeah, and actually you could make a case this is a bull flag of some sort, and we broke that and the target price for that would be $13,000.
Ill be happy though if I wake up tommorow morning and it's above $12k
88.
Post 52076316 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.58h):
Well that was fast, we hit $12k, now if that was a flag from $11k then our target is $13k.....
89.
Post 52076361 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.58h):
Well that was fast, we hit $12k, now if that was a flag from $11k then our target is $13k.....
Indeed fast forward through 12K
It looks like a bull flag on the 1hr, we should be heading $13k.
We also just broke the giant bull flag that has been forming since we were at $8k back in June, BUCKLE UP GUYS HERE WE GOOOOOOOO
90.
Post 52076396 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.58h):
Max Keiser might be right about $15k before the end of the week, only "resistance" left is at $13,200 and $13,800, after that we are going to $15k and probably $16k.
91.
Post 52076492 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.58h):
Well that was fast, we hit $12k, now if that was a flag from $11k then our target is $13k.....
Indeed fast forward through 12K
May as well just skip $12k, $13k and $14k.
Been there done that. Boring.
I am more interested in the price zone between $15k and $17.5k. Let's see how that zone does? We need an observational study of that zone.
Soon.
tmAssuming we have been in a giant bull flag since 8k that we just broke, then we should be at those prices zones in the near future.
92.
Post 52182399 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.59h):
Whatsup Bears?!?
93.
Post 52238149 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_16.59h):
This indicator doesnt work imo, yeah social media/trends might be dipping, but thats just typical when the price is "boring".
I don't feel any extreme fear right now, I think if we went down below $9000 or $8000, then you will see real fear, but right now? not much at all. Broken indicator.
94.
Post 52430668 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.01h):
We are forming the same pattern that we saw after the first big move in 2015/2016, which broke bullish of course. We are going to end the year with a bang, perhaps test 20k.
95.
Post 52430775 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.01h):
We are forming the same pattern that we saw after the first big move in 2015/2016, which broke bullish of course. We are going to end the year with a bang, perhaps test 20k.
Big bang theory of bitcoin bullish trend is going to begin?
I don't think this time there will be a movement on the prices will be high until the halvening.
I think the trend holds and we don't see all time highs until after the halvening, but I do see Bitcoin reaching 20k prior to the halvening and getting rejected, then start running up toward the halvening and pass 20k after the halvening. Also if you look at 2015/2016
Bitcoin hit $500, then it took 207 days before it passed $500 and ran up to $780
Bitcoin hit $780, then it took 178 days before it passed $780 and ran up to $1200 (All time high, which was rejected).......I believe we are here, and once Bitcoin breaks $13,900 it will run up to $20k and then take 6 months before it gets back, which would be after the halvening, if we ran up to $20k in December.
96.
Post 52436483 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.01h):
I know that Trump via executive order on paper can ban Bitcoin. What if anything would it due to price and/or consequences of such idiocy
if he attempted such? Or would it just be a big yawn and ignored?
later
brad
It wouldn't be bright, a lot of his base are crypto users. Remember Trump campaign was born on the internet, it was people on the internet (4chan, Reddit, Twitter) that pushed or "memed" him to victory. Also Steph Bannon, the guy who he gets many of his ideas from is Pro-Crypto advocate.
97.
Post 52456936 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.01h):
The Bears are in for a surprise, we won't be going below $9000. We never went this long without finding a swing low in the last bull market, the low was July 17, almost 2 months ago.
98.
Post 52457939 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.01h):
The Bears are in for a surprise, we won't be going below $9000. We never went this long without finding a swing low in the last bull market, the low was July 17, almost 2 months ago.
I remember a flat period in early 2016 that came after a correction from $504 to about $300, and lasted from November 2015 to May 2016, which would have been more than 6 months.
But my point is that it it only took a week for Bitcoin to go from $504 to $300. The longest period from the high to the low was 46 days, it never took more than 46 days for Bitcoin to reach its swing low.....if Bitcoin were to go lower than $9000 at this point it would be over 87 days. I believe we hit bottom on July 17, which is a few weeks after we hit $13,800.
99.
Post 52482220 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.01h):
Whats this crap about alts on the green and btc being tiny red?
Anon prediction about BTC dominance at 40-46%? He never said when.. but but...
My theory about this is that when the mainstream coins like Libra hit the market, they will bring the Bitcoin dominance down because they will be pumped/inflated. Im sure next year we will see Google, Apple, Amazon, etc all jump in. Bitcoins dominance will have to compete with those coins to which would likely bring the dominance down.
P.S. this guy is going to become an absolute god if we hit $16,000 next month.....
-He called the bottom (A lot of people thought we were going much lower when he posted it)
-He called the exact length of the accumulation phase (Said it would end in March and start in April)
-He called the April boom we saw in the first week
-He called the correct price in April
-He called the correct price in July (Bitcoin almost made it out of July without touching $9200, turns out $9100 was the bottom; we haven't gone lower since)
So October will be interesting, this is a legendary posts regardless, the amount of things he has gotten correct already is remarkable.
100.
Post 52482299 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.01h):
My theory about this is that when the mainstream coins like Libra hit the market, they will bring the Bitcoin dominance down because they will be pumped/inflated.
Im sure next year we will see Google, Apple, Amazon, etc all jump in. Bitcoins dominance will have to compete with those coins to which would likely bring the dominance down.
CMC can suck anything for money but I think even they haven't lost their mind that much to list Libra as a cryptocurrency.
I don't believe Facebook will join that MarketCap rat-race neither.
Agreed, I guess that will be up for debate when the time comes. Same with the government currency like Chinas?
101.
Post 52482706 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.01h):
My theory about this is that when the mainstream coins like Libra hit the market, they will bring the Bitcoin dominance down because they will be pumped/inflated.
Im sure next year we will see Google, Apple, Amazon, etc all jump in. Bitcoins dominance will have to compete with those coins to which would likely bring the dominance down.
CMC can suck anything for money but I think even they haven't lost their mind that much to list Libra as a cryptocurrency.
I don't believe Facebook will join that MarketCap rat-race neither.
There is no reasons that Libra will not be on CMC. Of course it will. There are a lot of tokens there. What CMC should do is to make different lists and not mix pears with apples.
If libra is factored into Bitcoins dominance, does bitcoins dominance even matter? Same with government coins, bank coins, etc....
I think at that point bitcoins dominance should not be against other digital payment methods, but rather all value of any payment including fiat. If the end game goal is to become the peer to peer payment system then Bitcoins dominance should be charted against all payment(fiat, libra, government coins, bank coins etc etc,), not just cryptocurrency.
102.
Post 52496694 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.02h):
The same people proclaiming it is a descending triangle are the same ones who were telling people not to buy at $3000 because we are going down to $1200. It's clearly a pennant, and tonight is just more proof that it is, the wic didn't even touch the bottom of the pennant, let alone the "descending triangle" that we are apparently in.
We will never go below $9000 ever again, ever. No golden retrace coming, when bitcoin did a golden retrace in past bull market, it didn't take 80+ days to do it, it happened with a week or so.
103.
Post 52503342 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.02h):
Could this be it?
104.
Post 52503694 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.02h):
That bullish hammer on the daily looks beautiful.
Hopefully it closes like that in a few hours, and we begin our ascent after.
105.
Post 52539637 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.02h):
Id rather breakdown and go bearish than go sideways for another week or two. Bored out of my mind.
Wow Litecoin down to $62
106.
Post 52539662 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.02h):
I’m not even remotely bothered about price action like this any more. Just use it to accumulate, even if it’s relatively small amounts.
I love it, its a win-win, if Bitcoin goes down I can accumulate a little more, if it goes up, my net worth goes up. Ill take this any day over going sideways!
107.
Post 52539732 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.02h):
To philosophize a little:
I don't understand joe-schmoe thinking.. 0% on savings he is OK, -1% he is OK, maybe -5-10% later..he is still Ok.
This is true for both people with and without college education.
Debt through wazoo..still OK.
I am curious as to what might change this thinking IF anything.
Perhaps critical thinking is simply gone from the vast majority of the populace.
If so, we will all sink together.
BTW, for the record, I never thought of bakkt being anything significant, at least at first.
Because people have no comprehension of money or economics. I bet the majority of people don't understand what inflation is, what interest rates are, etc
They just pay their monthly bills and complain how broke they are, meanwhile spending zero time learning finance. Eventually people will realize it, I think in 50 years people will be shocked to find out that people took out massive loans to get a degree, but people will have to learn the hard way before that changes.
108.
Post 52541599 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.02h):
Its crazy how much has changed in 9 months. Wonder what the next 9 months will look like
109.
Post 52541804 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.02h):
Bitcoin formed a pennant formation after first major move in 2015, it had move down a few weeks prior to the pennant closing and road it up. Perhaps we will see the same?
110.
Post 52557542 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.02h):
We seem to have weathered the storm. Is the bottom in? Will we start to move back up soon?
Bullish breakout of a descending triangle on the 1 hour.
111.
Post 52560225 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.02h):
No worries, we are just in a falling wedge pattern, nothing to see here
112.
Post 52577686 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.03h):
Greta is not working, Greta is talking and traveling the world as politicians do. Greta is playing. Greta will probably be one of the world leaders in the future while the other children would die.
It is a dumbest pic.
That’s exactly the point of the picture.
Right wing politicians criticize Greta saying her childhood has been stolen. But it is right wing politicians in the pocket of outdated industries like coal mining that are doing the stealing (and giving false hope to coal mining communities).
We are going to end up with 95% renewables in 20 years because they are cheaper than everything else when combined with hydro storage and battery storage. Today there is so much solar power in Australia that electricity during the day is often at a negative price - you are paid up to $1,000 per megawatt hour to take the electricity. The South Australian battery farm built by Elon Musk is paid to charge from the grid during the day, and then paid to discharge to the grid in the evening peak. It is making a killing, and the coal plants are shutting down because they can’t cope with the price swings on the network (they can’t ramp up and down their production).
It would make it easier if the dinosaurs got out of the way, and allowed for coal mining communities to adapt and transition. But they lie and pretend that coal is the future when we have some much electricity already we have to pay people to take it. So people in these communities live with false hope of a new coal boom that will never come. They don’t prepare for their future because politicians lie to them.
There will be no coal mines in 10 - 15 years. Not because of the greenies, but because coal is too expensive for generating electricity. Once you have built it, wind and solar run for free. And they get drastically cheaper to build every year. And storage is also getting drastically cheaper every year.
And you realize the left preaches that airplanes and cars are terrible while they fly in on airplanes and drive in on cars to preach that airplanes and cars are terrible?
If you are going to talk the talk, then walk the walk, Liberals aren't any better. (Throw in the fact they never go after China, India, Germany's policies who pollute the world drastically)
113.
Post 52578695 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.03h):
Protesters filled the streets of Montreal today with Greta in solidarity to fight climate change. Sadly, government measures will be regressive and likely a heavy finacial burden on the no-coiners. How long will it be before the same people begging for climate action in Montreal don yellow vests to protest the taxes they are begging for today?
We managed to fix the ozone problem with a cfc ban. We managed to fix the acid rain problem with some technological advances. I have no doubt we will remedy the climate change issue but the longer we wait, the more painful it will be financially speaking. Another global recession would do wonders for the climate issue. It's likely the only way China's and India's CO2 emmsiions are going to be significantly lowered in the near term. Not sure how long we really have before there is no recovering.
Maybe those protesters should all go to China and protest their policies, until China changes its policies, it doesn't really matter what any other country does.
For some reason the so called "environmental" people never actually call out or confront China, quite interesting.
114.
Post 52578701 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.03h):
Double post
115.
Post 52610548 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.03h):
116.
Post 52632536 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.03h):
I recently mentioned that BAKKT stash was 10k btc but I probably typed one "0" less. It should be 100k btc. But I might be wrong again.
I thought it was 10k.....
117.
Post 52762083 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.04h):
It's okay for the mainstream media to lie and spread false, contrived propaganda as long as it's used to shit all over Trump, and/or conservatives, and/or Christians.
The mainstream media are out of touch with reality, when people see their smear campaign against Trump, it only rallies stronger and stronger support for Trump.
They tried this in 2016 with the Billy Bush tape, meanwhile Wikileaks was flooding the world with emails AKA real news, and the media didn't cover it and tried to claim it was illegal to read the emails. All lies by the MSM that are completely controlled and corrupt.
118.
Post 52876051 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.05h):
Now I did subscribe to the Golden Retrace theory, but with things like the death cross going, and the downside target of the descending triangle etc.
Its over, im very confident this was a huge bear trap that pushed Bitcoin down to the 61.8. Bull market continues.
119.
Post 52876355 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.05h):
120.
Post 52879839 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.05h):
121.
Post 52880037 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.05h):
It makes sense now
122.
Post 52880119 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.05h):
Ive been in Bitcoin for 3 years.......this is the most stunning day I have ever seen. When we went up to $20,000 it was definitely shocking but the bullish mindset was everywhere. When we had that april green candle earlier this year, that was a surprise to but the bottom was in. When people woke up today, everyone was bearish and pessimistic, everythings changed now; Bull market is still on
123.
Post 52923729 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.06h):
Please do not let this get out but if there is anything I fear as a capitalist, libertarian, anti government free radical is the possibility of all of the liberals and governments buying all of my bitcoins.
I wake up nightly fearing that this may happen. What if they get all of the bitcoin? Then we are all doomed and you all know it. Fiat will win. Game over.
Do not let "them" know this dark secret. It would devastate us all and they would walk away the victors. At that point I would surely need to admit that communism is the best and Karl Marx is a genius.
Governments attempting to buy all of the bitcoins remains the wetdream for anyone holding bitcoins.
There is no way that they can buy all of the bitcoins, and it would just cause the BTC price to go up exponentially and in an out of control manner.
When I have been reading about the supposed fears of the government buying all of the bitcoin as some kind of supposed meaningful threat vector, I just consider it as a kind of weak attempt at reverse psychology.
Governments are not going to buy anything that they can reasonably attempt to steal from us. So in that regard, each of us has a responsibility to take meaningful attempts at protecting both privacy and fungibility so that they do not rob us from our bitcoins in any kind of meaningful or systematic way
I agree with this but on the flip side, if Governments dont buy up Bitcoin then they can end up severely behind if other countries decided to do so.
All it will take is one country to decide that they are going to buy up all the bitcoin they possibly can, and just inflate their own currency to no end to accumulate Bitcoin. This will force other countries to do the same. Now the first country to do it will be holding a lot of Bitcoin which will be a real threat to any other country who isn't accumulating Bitcoin. This first country could also then sell its Bitcoin to the other countries for their currency and could potentially enrich themselves by holding both Bitcoin and other fiat at a gain.
This is why you must hold on for dear life, pat yourself on the back that you are investing in this perceived "risky" asset when the rest of the world is scared to do so. We are so lucky, Bitcoin is the endgame for all value, it is the black hole; fiat currencies have no chance against it and fiat will only be bitcoin rocket fuel. The more fiat that gets printed, the higher Bitcoin will continue to go.
124.
Post 52924070 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.06h):
Please do not let this get out but if there is anything I fear as a capitalist, libertarian, anti government free radical is the possibility of all of the liberals and governments buying all of my bitcoins.
I wake up nightly fearing that this may happen. What if they get all of the bitcoin? Then we are all doomed and you all know it. Fiat will win. Game over.
Do not let "them" know this dark secret. It would devastate us all and they would walk away the victors. At that point I would surely need to admit that communism is the best and Karl Marx is a genius.
Governments attempting to buy all of the bitcoins remains the wetdream for anyone holding bitcoins.
There is no way that they can buy all of the bitcoins, and it would just cause the BTC price to go up exponentially and in an out of control manner.
When I have been reading about the supposed fears of the government buying all of the bitcoin as some kind of supposed meaningful threat vector, I just consider it as a kind of weak attempt at reverse psychology.
Governments are not going to buy anything that they can reasonably attempt to steal from us. So in that regard, each of us has a responsibility to take meaningful attempts at protecting both privacy and fungibility so that they do not rob us from our bitcoins in any kind of meaningful or systematic way
I agree with this but on the flip side, if Governments dont buy up Bitcoin then they can end up severely behind if other countries decided to do so.
All it will take is one country to decide that they are going to buy up all the bitcoin they possibly can, and just inflate their own currency to no end to accumulate Bitcoin.
Well, surely game theory suggests that countries will begin to do this at some point. It is just a matter of when and likely to be on the downlow.
Secretly buying up as many bitcoin as feasible and buying
ALL of the bitcoin are two vastly differing scenarios.
This will force other countries to do the same.
Of course. Game theory suggests this is quite likely to happen. It's just a matter of when
(and likely also a matter of bitcoin not breaking).
Now the first country to do it will be holding a lot of Bitcoin which will be a real threat to any other country who isn't accumulating Bitcoin. This first country could also then sell its Bitcoin to the other countries for their currency and could potentially enrich themselves by holding both Bitcoin and other fiat at a gain.
Agreed. All likely to happen.
This is why you must hold on for dear life, pat yourself on the back that you are investing in this perceived "risky" asset when the rest of the world is scared to do so.
Oh yeah, for sure. We are all likely way the fuck early to the game and we have been accumulating at relatively low prices, and that is part of the reason why there is NO real need for any of us to engage in irresponsible behavior by attempting to act too greedy and to put our own lil selfies in financial difficulties because we have over-leveraged into bitcoin.
In other words, bitcoin seems to remain to be such an asymmetrical bet that none of us have to kill our lil selfies in the way that we invest in order to profit stupendously on a personal level from our having had invested in bitcoin and continue to invest in bitcoin at whatever level is feasible and prudent for ourselves. In other words, mere normal, prudent and perhaps slightly aggressive (without gambling too much) levels of investment into bitcoin will likely pay off with considerable riches.
We are so lucky, Bitcoin is the endgame for all value, it is the black hole; fiat currencies have no chance against it and fiat will only be bitcoin rocket fuel. The more fiat that gets printed, the higher Bitcoin will continue to go.
No argument or elaboration from me there, except just acknowledging: Well said.
I truly believe we will reach a point where ALL governments in the world will be printing off endless amounts of fiat in order to buy as much Bitcoin.......but guess what? at that point we will all know that Fiat is 100% dead (dead as in it will be a never ending hyper inflation, and all of the people of the world will finally realize that Fiat is just something that loses value, while Bitcoin will just gain value as more fiat is printed) and no one will be selling their Bitcoin for Fiat, it would be beyond stupid because the Bitcoin you sell for Fiat, might lost half of its value the next day if the government decided to print (Digitally print) off trillions more, which will push Bitcoin up to millions of dollars (5-50 million dollars). Perhaps A zillion dollar marketcap, and no im not saying this because I am delusional, I just think Bitcoin is the black hole and governments will end up printing off trillions upon trillions to get more Bitcoin, but people are not going to convert back, and of course at this point being a millionaire wont be anything special.
I would say at this point, if you hold at least .2 Bitcoin for the rest of your life, you will be living an easy life. Keep in mind to, when this does go down, governments useless fiat wont be able to pay anyone to go pursue people who have Bitcoin. No police officer, or government worker is going to want to get paid in fiat, they will want Bitcoin, which the government wont have enough of to even hold things together let alone go after Bitcoin HODLers (Arrest, confiscate, etc).
125.
Post 52924174 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.06h):
Please do not let this get out but if there is anything I fear as a capitalist, libertarian, anti government free radical is the possibility of all of the liberals and governments buying all of my bitcoins.
I wake up nightly fearing that this may happen. What if they get all of the bitcoin? Then we are all doomed and you all know it. Fiat will win. Game over.
Do not let "them" know this dark secret. It would devastate us all and they would walk away the victors. At that point I would surely need to admit that communism is the best and Karl Marx is a genius.
Governments attempting to buy all of the bitcoins remains the wetdream for anyone holding bitcoins.
There is no way that they can buy all of the bitcoins, and it would just cause the BTC price to go up exponentially and in an out of control manner.
When I have been reading about the supposed fears of the government buying all of the bitcoin as some kind of supposed meaningful threat vector, I just consider it as a kind of weak attempt at reverse psychology.
Governments are not going to buy anything that they can reasonably attempt to steal from us. So in that regard, each of us has a responsibility to take meaningful attempts at protecting both privacy and fungibility so that they do not rob us from our bitcoins in any kind of meaningful or systematic way
I agree with this but on the flip side, if Governments dont buy up Bitcoin then they can end up severely behind if other countries decided to do so.
All it will take is one country to decide that they are going to buy up all the bitcoin they possibly can, and just inflate their own currency to no end to accumulate Bitcoin.
Well, surely game theory suggests that countries will begin to do this at some point. It is just a matter of when and likely to be on the downlow.
Secretly buying up as many bitcoin as feasible and buying
ALL of the bitcoin are two vastly differing scenarios.
This will force other countries to do the same.
Of course. Game theory suggests this is quite likely to happen. It's just a matter of when
(and likely also a matter of bitcoin not breaking).
Now the first country to do it will be holding a lot of Bitcoin which will be a real threat to any other country who isn't accumulating Bitcoin. This first country could also then sell its Bitcoin to the other countries for their currency and could potentially enrich themselves by holding both Bitcoin and other fiat at a gain.
Agreed. All likely to happen.
This is why you must hold on for dear life, pat yourself on the back that you are investing in this perceived "risky" asset when the rest of the world is scared to do so.
Oh yeah, for sure. We are all likely way the fuck early to the game and we have been accumulating at relatively low prices, and that is part of the reason why there is NO real need for any of us to engage in irresponsible behavior by attempting to act too greedy and to put our own lil selfies in financial difficulties because we have over-leveraged into bitcoin.
In other words, bitcoin seems to remain to be such an asymmetrical bet that none of us have to kill our lil selfies in the way that we invest in order to profit stupendously on a personal level from our having had invested in bitcoin and continue to invest in bitcoin at whatever level is feasible and prudent for ourselves. In other words, mere normal, prudent and perhaps slightly aggressive (without gambling too much) levels of investment into bitcoin will likely pay off with considerable riches.
We are so lucky, Bitcoin is the endgame for all value, it is the black hole; fiat currencies have no chance against it and fiat will only be bitcoin rocket fuel. The more fiat that gets printed, the higher Bitcoin will continue to go.
No argument or elaboration from me there, except just acknowledging: Well said.
I truly believe we will reach a point where ALL governments in the world will be printing off endless amounts of fiat in order to buy as much Bitcoin.......but guess what? at that point we will all know that Fiat is 100% dead (dead as in it will be a never ending hyper inflation, and all of the people of the world will finally realize that Fiat is just something that loses value, while Bitcoin will just gain value as more fiat is printed) and no one will be selling their Bitcoin for Fiat, it would be beyond stupid because the Bitcoin you sell for Fiat, might lost half of its value the next day if the government decided to print (Digitally print) off trillions more, which will push Bitcoin up to millions of dollars (5-50 million dollars). Perhaps A zillion dollar marketcap, and no im not saying this because I am delusional, I just think Bitcoin is the black hole and governments will end up printing off trillions upon trillions to get more Bitcoin, but people are not going to convert back, and of course at this point being a millionaire wont be anything special.
I would say at this point, if you hold at least .2 Bitcoin for the rest of your life, you will be living an easy life. Keep in mind to, when this does go down, governments useless fiat wont be able to pay anyone to go pursue people who have Bitcoin. No police officer, or government worker is going to want to get paid in fiat, they will want Bitcoin, which the government wont have enough of to even hold things together let alone go after Bitcoin HODLers (Arrest, confiscate, etc).
It didn't happen with gold, it won't happen with BTC. Governments might buy a chunk of BTC, but they won't create out of control fiat inflation to do so.
Thats because Gold can't be used as money (they tried and it ultimately didnt work), Bitcoin can. Gold will never be a threat to Fiat, Bitcoin is a direct treat to Fiat.
I can send Bitcoin to anyone in the world immediately, Gold cannot replicate that, ever. Just my opinion.
126.
Post 52924212 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.06h):
I also don't believe we can live in a world where there is fiat with little to no inflation and Bitcoin. There will be to much pressure for people to store their wealth in Bitcoin, because fiat CAN be inflated. Therefore the only possible world we can live in is a world where fiat is inflated and there is Bitcoin, thus Bitcoin will only grow larger and larger over time because fiat will be inflated.
127.
Post 52929529 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.06h):
Price always drops at the end of the month. We just need to survive a few more days of low prices.
It looks like the CME gap will be filled. November is Bitcoins best month and I believe that the trend will continue.
128.
Post 52996148 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.06h):
2 years ago this quarter was the all time high, 2 years from now we will probably see the new all time high reached.
Halfway there guys.
129.
Post 52996289 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.06h):
2 years from now?
Man we are expecting a new ATH after the halving event or even earlier 🙂
I mean the all time high of the next bull market.
130.
Post 53071875 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.07h):
I am expecting Bitcoin to bounce off of $8500, it would be the .618 from the huge candle from October, and proceed to break the falling wedge within a few days.
131.
Post 53079315 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.07h):
Perhaps in a few hours we move
132.
Post 53079884 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.07h):
133.
Post 53088280 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.07h):
Well, talking about the old timers.
Jesse Livermore said that once you start counting on the market to do something specific that would allow you to buy a new house, etc, like "it would go to 100K in 18 mo", it always bites you in the proverbial ass. In 2017 NOBODY expected 20K when it was still below 1K in march or april, yet it happened.
That's exactly what worries me the most: Having so much hope that Bitcoin will get over the previous ATH sometime in the next couple of years as if it were an almost SURE thing... really scares myself and makes me wonder if I am just being naive/delusional.
Also, the amount of hodlers that have plans to sell a significant percentage of their stash during the next bull run seems (maybe I am wrong) to be way bigger than previous times (where there were much less expectations). That alone would require huge liquidity on the buy side just to sustain the price.
As long as Bitcoins user growth continues, Bitcoin is mathematically designed to appreciate in value over the long term. That's what the halving is all about. So keep an eye on demand only, because the supply side is sorted.
There is however the existing supply that is being saved (hoarded), you also need to keep an eye on that. But, as previous runs have shown this is taken up very easily by increased demand and coins aged over 5 years are unaffected. See link:
https://hodlwave.com/ Bitcoin is what is known as a supply restricted market. These types of markets always have large booms and large busts. Think of the property markets that are also supply restricted. Some Californian cities are a good example. Restricted supply of new housing (supply) and high international and national immigration, with loose credit conditions (demand). On the way up everyone holds onto their home because it goes up in value more than the earn, and everyone who doesn't own wants in quick because FOMO for a basic living requirement. These are the new holders. Of course at some point the price just gets too high, fraudulent lending finds no more customers, then price starts to dip. We all know what happens next.
Then look at some of the cities in Texas, these don't have large swings in price despite having high population growth (demand). Why? because they build shitloads of housing (supply). Even with the same credit conditions as California these houses don't go ballistic in price.
In summary, demand matches supply, all good. Demand outstrips supply, like it always does every 4 years with bitcoin, boom!
Notice the amount of people HOLDING Bitcoin 18-24 months is expanding, these are all people who bought between November of 2017 to April of 2018 currently. This should continue to expand as this the new wave of HODLERs who bought during the 2018 bear market.
134.
Post 53124176 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.07h):
The amount of FUD out there is ridiculous right now. Do people forget how much has changed in one year?!? A year ago we still had not even reached $3100. We went on a run from $3100 to $13900 starting in April to June (A 3 month span)which we hit 5 months ago........5 months. So even if we are in some sort of new bear market, we are ALREADY five months into it......the last one lasted a full year. I don't think we are in a bear market by any means, I think within 6 months we will be in a bullish environment, and in a year from now we will be above $13900, and perhaps $20,000.
135.
Post 53172488 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.08h):
Surely this is close to the being over sold area now. How much lower can we possibly go before big players think fuck this & start buying large amounts.
Edit - Just for some perspective, I just googled to check what the price was at a similar point in time 6 or so months before the last halving so November 2015 -
https://www.google.co.uk/amp/s/cointelegraph.com/news/11112015-bitcoin-price-falls-sharply/amp
Following the significant Bitcoin price growth to nearly $500 last week, it went down sharply on November 10-11. Just a few days ago, the Bitcoin price faced the first wave of decline to the $370 - $390 level. During the last 24 hours, the price lost almost 20% on all major cryptocurrency exchanges and dropped to as low as $308 on some of them...................
At the moment of this article's writing, the BTC price fluctuated at $318-333.
Perhaps we are just about there? $6300ish....
136.
Post 53280048 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.09h):
Happy days all on track
So what this basically tells me is that its likely that we will reach $13,900 on or near the day of the halving, and that this bull market is more than likely going to be similar to the last one, although it moved differently , it will come back to that line and go above and below it.
137.
Post 53280328 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.09h):
So what this basically tells me is that its likely that we will reach $13,900 on or near the day of the halving, and that this bull market is more than likely going to be similar to the last one, although it moved differently , it will come back to that line and go above and below it.
Yup that’s pretty much it.
A $250,000-$300,000 Bitcoin makes sense. Bitcoin went from $5,000 to $20,0000 in a 2 month span. I would say its probable that we see Bitcoin go from $100,000 to $300,000 in a similar type of time span. $100k is obviously a significant number and when we do hit it, its going to be a huge story.
Glad I get to sit back and watch this drama play out.
138.
Post 53280430 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.09h):
So what this basically tells me is that its likely that we will reach $13,900 on or near the day of the halving, and that this bull market is more than likely going to be similar to the last one, although it moved differently , it will come back to that line and go above and below it.
Yup that’s pretty much it.
A $250,000-$300,000 Bitcoin makes sense. Bitcoin went from $5,000 to $20,0000 in a 2 month span. I would say its probable that we see Bitcoin go from $100,000 to $300,000 in a similar type of time span. $100k is obviously a significant number and when we do hit it, its going to be a huge story.
Glad I get to sit back and watch this drama play out.
You are just going to sit back?
Aren't you going to be nervous?
I was nervous when BTC went from $5k to $20k in mid-October 2017 to mid-December 2017.
Of course, it was exciting and made me feel good, smart and rich, but it was also nerve racking.
I suspect that if we get BTC price moves from $100k to $300k in anything close to a 2 months time frame (let's say in about late 2021 - could come sooner or could come later), I am anticipating that I am going to be quite nervous... even though I anticipate that I am still likely going to have a lot of bitcoins in such a scenario... anticipate to be more than 70% of my current stash, I suspect.
Im nervous as all hell man trust me, I do have certain numbers where I plan to take profit but obviously its easier said than done. Kinda crazy how some of us will have been prepared years and the the biggest gains will come in the last 4% of the whole cycle......the window is small as hell to actually execute something you have waited years for.
139.
Post 53280823 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.09h):
It was actually 1132 days before it retested the ATH, it took another 100 days before it would come back and break it. If history repeats then in January of 2021 we retest $20,000.
140.
Post 53312976 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.09h):
Everything is working exactly as it should be. Boring stability in the price, very low volatility 6 months from the halving. Hope you’re all continuing to buy every sat you can whilst we’re in this boring price period.
I’m really looking forward to the next 2 years, it’s going to be really interesting to see where we go (moon most likely).
Its really not that far away but people are just to impatient.
141.
Post 53365628 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.09h):
When people are talking 3K and 2K-ish then we have a chance of turn around
You can feel the bottom is near, all I see is panic, and one final move down to perhaps $6000 or $5300 would be the final capitulation.
142.
Post 53373242 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.09h):
Just a thought but the fractal definitely resembles 2014 a lot more than 2018. 2018 we had the huge descending triangle, 2014 it was a clear downward channel which we are in now.
143.
Post 53399953 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.10h):
I feel like I'm getting deja vu now. It could just be due to alcohol, but what if $6,430 was the low? I remember when $3,130 didn't look like the low either. It also looked like we'd probably go lower, due to the technicals. Now $6,430 doesn't look like the bottom as well. Maybe we don't get obviously defined bottom, yet again.
I've said it multiple times, I think we're going lower, to the $5k area, but that also
this could actually be the bottom.
Compare it to the 2014 bear market. It looks a lot like it.
144.
Post 53415654 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.10h):
Caught "The Rise of Skywalker" last night with Rick. It was like watching two and a half hours of shit being smeared all over my eyes.
I get more excited watching The Mandalorian E7 tonight at home than The Rise of Skywalker in the cinema.
Truth. The story 'arc' with some tightening up on some stuff to make it a 2-hour movie would, IMHO, have done a lot better than the last 2 star wars movies
just saying. Not sure it was worth the $69 a year price I paid, I can find NOTHING of any real note on the site to watch besides the Mandrian...thus a loss of $$$.
Have the exact same problem with CBS Access and Star TreK: Discovery as well. Sh*t. Well at least with Picard that will be 2 shows I can watch on the CBS Access
site. It is like commercial T.V. is not even trying anymore to make quality products, only if you subscribe can you see anything good now it seems.
Mandalorian season 1 contains 8 episodes to watch, last one will be aired 27 Dec. Season 2 next year, al lot of countries still waiting for Disney+.
It was not needed to sub for 12 months if you only want to follow The Mandalorian, cancel Disney+ sub after episode 8 and resub when season 2 starts. I could've taken the advantage trying Disney+ for 1 week and watch season 1 in one go on a sunday evening for just 1 cent. -lol-
There are so many streaming services these days, each one which there own originals just like the newest Star Trek: Picard on CBS. (release date is January 23) Subscribe when the season starts and unsub when it ends, so you can replace service A to B. This is what i always do.
On the side note, The Mandalorian is already so succesfull that Disney considering the possibility of a Mandalorian movie. It would be something if it gets more populair than the original Star Wars movies.
Or you could do what I do, watch for free. Most movies and series can be found here:
https://nyafilmer.to/the-witcher/And what nyafilmer.to doesn't have this one will:
https://gostream.site/fantastic-beasts-and-where-to-find-them/And what you can't find at those to places can hopefully be found here:
https://ww.123movies.al/movie/predator-world-2017/Yes, there will be annoying stuff popping up before you can start the movie, but I can live with one second or so extra clicking if it's free.
You're welcome.
thanks
145.
Post 53490180 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.10h):
20k in 2020
210k in 2021
146.
Post 53491011 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.11h):
2020 will bring $20,000
147.
Post 53538787 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.11h):
We are very close to closing above the inverse head and shoulders on the daily.
148.
Post 53539423 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.11h):
Peter Schiff is pretty quiet
149.
Post 53539560 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.11h):
Its over, begin rise to $20,000.
150.
Post 53545459 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.11h):
151.
Post 53548153 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.11h):
To all the people that said Bitcoin was dead.....
152.
Post 53548782 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.11h):
If there is any truth to the Iran narrative, we will find out tomorrow. Trump to make announcement tomorrow morning in response to Iran's attack earlier today.
153.
Post 53598462 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.12h):
We have Bull Flag/Pennant breakout currently and it has a target of $8700.
154.
Post 53598527 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.12h):
Woke up for a piss.
Observing $8,341.
Mini pump!
We could be in for a wild night/week if this continues.
155.
Post 53598995 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.12h):
seems to be hesitating a bit right at the highest possible interpretation of the channel top...
The RSI on the daily is at 65, I think we have enough juice left in the tank to break this. Also the break of the pennant has a target of $8700. I think its going to happen.
156.
Post 53599102 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.12h):
This is the bears final stand, anything above $$8500 is game over for them.
157.
Post 53599143 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.12h):
This is fine.
But still we need to surpass $8.7K.
That would be nice, but I don't see the significance of that price other than it being the price target of the pennant we are breaking out of.
158.
Post 53599257 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.12h):
This is fine.
But still we need to surpass $8.7K.
That would be nice, but I don't see the significance of that price other than it being the price target of the pennant we are breaking out of.
It's the ceiling of the downtrend channel from $13764 (Bitfinex). According to my silly lines. Which could be perfectly wrong.
Anyway, after breaking $8.5K it is almost a sure thing it will keep rising.
I did it precisely before and I had it at $8.5k, but of course it probably different depending on the exchanges, it was really just the June high and the October China candle that you can connect for the absolute top trend line.
Not trying to shill altcoins but LTC has clearly broken out of its downward channel, and ETH is doing the same. Sentiment is clearly changing in Crypto and it starts with the king; Bitcoin.
159.
Post 53599336 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.12h):
now
now it is our time
Bitcoin is inevitable.
160.
Post 53603387 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.12h):
Peter Schiff finally says something relevant.
The actual national debt grew by over $1.2 trillion in 2019. That's just over $100 billion per month. The rise in 2020 will be even greater. If we really had a good economy, the deficits would be getting smaller, not larger.
https://twitter.com/PeterSchiff/status/1216876516375699456Wow, insane numbers! Thats like 3.33 billion per day to prop up markets while very few understand or care. This ends poorly.
Run for the exit while its still possible.
BTC It will only end poorly for those who didn't prepare. Ive been telling everyone I know that they should AT LEAST buy $100 of Bitcoin or put 1% of their money into Bitcoin as an insurance to a financial crisis. You want to know how many people have listened? ZERO.....Their attitude is that they don't have any money to "waste/risk", mind you though, these are the same people that will go out and buy the new piece of technology, or go out to the bar on the weekend and drop $100 on drinks/taxi etc.
People like this, which is like 95% of the world are ignorant and will never have their mind changed until it hits them personally, which it will.
161.
Post 53603506 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.12h):
We have Bull Flag/Pennant breakout currently and it has a target of $8700.
Target hit
162.
Post 53603636 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.12h):
Bulls right now:
163.
Post 53607250 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.12h):
I wonder how stupid you have to be to be buying SV right now....
164.
Post 53607363 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.12h):
I wonder how stupid you have to be to be buying SV right now....
Jihan and Roger might be running dry, nothing on the horizon except for BTC halfening which would take away from the bottom line at bitmain. Ayre/Faketoshi smell blood and circling around bcash like sharks. If they manage to crush bcash they might keep this up till BSV halfening.
All this while BTC is just sitting at the top watching two idiots fight each other. It's goingto be a good year for popcorn companies
Faketoshi really thinks he can take down Bitcoin when he can't even take down Bitcoin Cash? He might have them today, but he will have to keep this up in order to sustain it.
165.
Post 53607562 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.12h):
I wonder how stupid you have to be to be buying SV right now....
A lot of buyers just chase price momentum, without any idea of what is really going on in the fundamentals. They often think they can get out in time, but when this sort of move ends, liquidity evaporates and the reversal will kill most of the price in short order.
The alts certainly seem to be running on momentum alone. It is fairly positive to see BTC moving steadily higher (indicating it is not just a rotation trade), but of course it would be unwise to chase this move.
When the reversal comes, it will of course take everything down, but there will then be a good indication of where the new support lies.
I heard someone bought 1300 BTC SV on bittrex or something and ended up paying over $2000 for a single one. Stupid.
166.
Post 53642527 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.12h):
All aboard
167.
Post 53642562 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.12h):
We just need to close on the weekly above the downtrend line. We are clearly above it, just need to hold this or another 21 hours. Perhaps a dip down to $8925 because of the CME gap, but this upcoming week will be another good one.
168.
Post 53718293 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.13h):
Bitcoins above the 200 day moving average on the daily.....
169.
Post 53719085 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.13h):
Bulls buying Bitcoin right now
170.
Post 53726700 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.13h):
No such thing as a triple top, lets break this now
171.
Post 53727513 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.13h):
Bitcoins price a year ago today: $3,300
Bitcoins price today: $9,300
Bitcoin price in one year: $26,000?
172.
Post 53727732 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.13h):
So on coinbase pro, it says its going to shut down from 9-1030 am PST on Thursday.......
173.
Post 53727907 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.13h):
Looks like another move up is coming, if that was a bull flag, then we are targeting $10,000
174.
Post 53728418 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.13h):
My body is ready, but it's a little early to be talking about mooning. Let's see if we can break 10K first.
The last confirmation we need is a higher higher. We broke the downward channel, we broke the 200 Day moving average. Just need a higher high and people will become EXTREMELY bullish.
175.
Post 53728457 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.13h):
176.
Post 53728469 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.13h):
The last confirmation we need is a higher higher. We broke the downward channel, we broke the 200 Day moving average. Just need a higher high and people will become EXTREMELY bullish.
so, 10,314+
Depending on the exchange, anywhere between 10300-10600. Some people need that higher high confirmation.
Im not that conservative though, I think we are heading back up, and after breaking the 200 day moving average, I have enough to convince me of that. We have a lot of bullish things coming, we have a Golden Cross potentially coming in February or March to. The 200 day MA is at $8900 while the 50 day MA is at $7900 and heading up.
177.
Post 53728558 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.13h):
It looks beautiful, that guy is amazing, he drew everything perfectly.
178.
Post 53728611 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.13h):
If any of you have snap chat, private mode your story temporarily (so no one can see it) take a picture of the Bitcoin price and put a caption of "buy bitcoin or regret it forever". (or something along those lines)
Then story roll it as the price goes up and up. I did it at $8000 a few weeks ago. Already shilling it to some of my snapchat friends who none of which understand Bitcoin. Its an quick and easy way to remind everyone of Bitcoin without actually shoving it down their throat. I story roll the picture (which shows its a few weeks old), and then do another snap with an updated price of the bitcoin price today.
I did it as a test run today, ill probably do it again when Bitcoin hits $15,000, and then $20,000. A lot of normies will be confused because most of them think Bitcoin is dead.
179.
Post 53754806 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.14h):
Was this posted before?
https://unchained-capital.com/blog/bitcoin-obsoletes-all-other-money/If it was, my apologies.
I was amazed by the fact that in 2020 0.2btc is an average holding, but in 20230 it is projected to drop to 0.02btc (from a graph I surmise that it would be about 0.05 btc in 2025). From 2030 on it would decline very slowly (to 0.01btc in 2060ies). This tells me that rapid appreciation in btc would probably stop around the 'bend' in the curve at around the halving of 2024.
Ive said this before to people that are new, perhaps you may never own one bitcoin, but .1 BTC WILL BE A BIG DEAL..............ONLY 210 million people out of 8 Billion can own .1 BTC, and considering that 12 million Bitcoin haven't moved in over a year, perhaps only 6 million currently can only own .1 Bitcoin.
6 million out of 8 Billion, thats less than .01% of people can own .1 Bitcoin
180.
Post 53754850 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.14h):
It looks like we are forming a falling wedge on the 1 hour. A bullish break will send us to $9560 within the next two days.
181.
Post 53761362 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.14h):
We are actually seeing a halftime pump, people finally taking a break from the game for a minute.
182.
Post 53780903 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.14h):
Tracking about on track
I said this before, but I expect this cycle to go above and below the other one. Currently we are above it, but we will follow it.
183.
Post 53788470 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.14h):
one little question here, while everyone is expecting the pump on btc and reaching around 15k-20k why dominance is decreasing lately
doesnt it means that the promised AltSeason might be much closer than we expect
i think we are waiting for that season for around 3 years
Many alt coins were down 95%-99%. The sellers ran dry, which means they can be pumped heavily very easily. They weren't going to go down forever, and bitcoin wasn't going to gain dominance forever either, it's impossible.
184.
Post 53805233 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.14h):
Don't get mad at Luc.
He doesn't say it is going go to $6k without any conditions.
He says it will happen if it stays under $11k which is a pretty valid guess imo. I'll buy more tomorrow to help to invalidate this TA. If you want the same thing, you should too.
This thing won't go to $100k by itself, somebody has to buy it from $10k and $20k... $60k... and all the way up to $100k. Believe it or not, Some will even buy it at $100k.
This time
BTC is going to $350-$450k so LOTS of peeps are going to jump in at $100k and further up.
When it hits $100k the fomo will be real. I definately agree that we can see it run up to anywhere between $200k-$400k, and this will all go down within a month or so after hitting $100k
185.
Post 53820872 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.15h):
"Bitcoin" on google trends is currently at a 45 over the last 12 months. When it had that April candle last year it was at 42.....we are essentially at where we were last April. If thats a sign of whats to come, then buckle up, the next few months might be insane.
186.
Post 53826709 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.15h):
Cryptoasset Requirements Set for Release by Treasuryhttps://www.bloomberg.com/news/articles/2020-02-12/cryptoasset-rules-set-for-release-by-trump-administrationThe Trump administration soon will announce new requirements for cryptoassets, Treasury Secretary Steven Mnuchin said.
Mnuchin told a Senate Finance Committee hearing on Wednesday that the department’s Financial Crimes Enforcement Network is preparing the announcement.
“We are about to roll out some significant new requirements,” he said without elaborating.
The Financial Crimes Enforcement Network works to prevent money laundering, terrorist financing and other financial crimes.
(Updates with Financial Crimes Enforcement Network explanation in fourth paragraph.)
So, the Federal Gov't wants to "prevent cryptocurrencies from being used as 'secret bank accounts.' "
I guess that means they want secret bank accounts to only be in dollars. Which, given the president seems to favour this personally for his loans and financial affairs, is more about just keeping the status quo in force and perhaps diverting attention from it.
If they really were dealing with the kind of money laundering that quite normally goes on (which just by the major banks activities, probably exceeds Bitcoins entire market cap over the past few years alone) then I would have no reason to question their motives.
There isnt much they can do anyway. They probably would want people to report their Bitcoin address to the government, which makes zero difference because of KYC, they have most peoples addresses. Also the good criminals would never report their addresses so its whatever.
187.
Post 53828025 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.15h):
We are in some sort of ascending triangle continuation pattern, which if we break $10,500 our target will be around $11,200.
$10,500 seems to be the resistance we are facing right now, which was the high from October on coinbase, but not bitstamp. We should break out within two days, likely today.
188.
Post 53828133 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.15h):
Perhaps we are about to get the breakout right here.
189.
Post 53867555 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.15h):
I didn't think I would say this today, but today may have been the last day we ever see Bitcoin below $10,000.........Bitcoin is back in the uptrend, which means we just had a false breakout (downward). We see a clear rounding bottom on the 1 hour from the recent breakdown (very similar to the macro rounding bottom we saw in December)....
Within 2 days we will break $10,500 and set the first higher high since we broke $9000 last May (prior to the parabolic move from $9000 -$13,900 where it went straight up).
190.
Post 53903938 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.16h):
Dow is down nearly 900 points today.
It makes you wonder if they are going to blame the Corona Virus as the reason the stock market crashes, when in reality its obviously a lot more than that (federal banks printing money).
191.
Post 53906761 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.16h):
Today we had our first higher low on the daily, so while we did drop, it was a higher low. I think we are heading toward another breakout upward, people have gotten to bearish once again.
192.
Post 53906768 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.16h):
I like the overlay but wouldn't the 2014 bottom be lower than the 2018 bottom because percentage wise, it did go lower?
193.
Post 53912517 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.16h):
The stock market is MELTING!!!!!
Time to seal the bunkers, fire all the employees, and start evaluating neighbors for their caloric content.
Wait, Bitcoin is melting too. We're caught in the perfect storm of people believing that our Dear Leader is full of shit and our Congressional Medal of Freedom Winner saying "all is well". Man this is fun (breaks out popcorn)
I have a conspiracy, perhaps the world governments finally realized that the global stock market is in a bubble so they created a virus in order to blame someone.
194.
Post 53919114 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.16h):
Bitcoin cant close the day below the 200 Day moving average. Its currently at $8794.
If we close above it, it would be pretty bullish.
195.
Post 53919458 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.16h):
Ascending triangle anyone?
196.
Post 53924553 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.16h):
Ascending triangle anyone?
Ascending Triangle confirmed. if we break below the ascending line then "God save the Queen".
Maybe just maybe we have something here, it got a good bounce.
197.
Post 53991327 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.18h):
Doubt any of us anticipated this but as long as we don't fall below $6400, we will just be setting another higher low.
Just more buying opportunities, Bitcoin is the gift that keeps on giving.
198.
Post 54002833 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.18h):
Cuomos the same guy who banned plastic bags.....well plastic bags would be a HECK OF A LOT better than reusable bags right now.
199.
Post 54013950 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.19h):
So in the smaller picture, Bitcoin might be looking at another rough year(s).
In the big picture, nothing has change, Bitcoin is still Bitcoin, Corona Virus fears will eventually pass and Bitcoin will come roaring back. This isn't permanent damage, Bitcoin wasn't hacked or broken, its fears outside of it
200.
Post 54013963 (copy this link) (by soxxx) (scraped on 2020-04-04_Sat_17.19h):
Maybe this a unique day is the history of bitcoin, In a few years later when we talk about Bitcoin we will always remember we could buy bitcoins for 5500 in 2020!
However, still there is some panic and emotional behavior during this period of time.
The big reward is only for the believers of the bitcoin when they do believe in their long term big goal.
Usually I would buy more however I would be cautious as people in the United States wake up they will likely be selling more too.
Also a lot of the big buyers are going have their portfolios hit hard by the stock market bleeding out more.
