All posts made by TReano in Bitcointalk.org's Wall Observer thread
1.
Post 12246582 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.24h):
Time to say Thank's because im not sell my bitcoin under 220$ and now price 225$
people have to understand that investing in Bitcoin is highly speculative and a is NOT an hedge against crashing global markets.
2.
Post 12247429 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.24h):
Besides, there's a huge difference between Gox's problems and the minor hiccups we've seen from Bitfinex and Bitstamp.
People on Finex have several times reported now:
-randomly opening /closing of positions.
-having positions with 2x the max margin
-Unable to trade for hrs.
-Super laggy engine which makes it essentially impossible to trade in high volume times. Just like Mt. Gox was.
What else do you need? That's more then just a hick up.
3.
Post 12247929 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.24h):
Hi everyone.
Will we see BTC under 200$ this year again?
depends on a lot of things.
If the Global markets keep crashing and go over to a bear market, we will very likely see btc sub 200$.
also how this XT civil war goes plays a big role in the end.
4.
Post 12256399 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.25h):
Was trading stopped on Bitfinex again?
There was a big gap when no trades occurred and all the other exchanges were trading during it. There have been so many gaps when trading was stopped on Bitfinex that I have come to expect it now.
the conversation with the bitfinex CTO yesterday night showed pretty clearly how incompetent they are. And as it seems there is no sign for it to get better anytime in the near future.
I don't understand why there are still so many people still stay there and exposing their self of getting screwed once we get some volatility again...
5.
Post 12299449 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.25h):
Every global stock and commodity is gapping down, bitcoin slightly rising.
Bullish.
have you every look at a graph ?
Bitcoin is far far far far away from slightly rising...
6.
Post 12301225 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.25h):
On other news, following the China motif, EU and now US stocks are plummeting. It seems we're in for a hell of a month gentlemen. I wonder how this will be interpreted for BTC...
The Dow Jones Industrial Average started off the month with a triple-digit tumble Tuesday as investors fled risky assets such as global equities following a fresh set of weak Chinese economic data.
China’s official manufacturing purchasing managers index fell to a three-year low, triggering a wide selloff in stocks across Asia as well as Europe.http://www.marketwatch.com/story/china-growth-fears-slam-us-stock-futures-sharply-lower-2015-09-01Move along, nothing to see here.
BTC doesn't really react to global news... We tried to pump on the Greece/ China stock market crash but it was without any substantial behind it.
Even LTC has much more influence on Bitcoin...
7.
Post 12319445 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.25h):
So Bitstamp is now also faking volume?
8.
Post 12411875 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.26h):
so this time it's different?
9.
Post 12417253 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.26h):
10.
Post 12417791 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.26h):
Going to Hit 210$ this time..Just Hold on and watch the ditches...
I think it will be a good time to buy a 10x Bitcoins.
Not sure if we'll hit 210 but I fully agree that now is a great time to start buying more whilst the price is so low. Technically if you were to buy 10 now at these prices you should double your money as a result of the halving next year.
Buy & HODL people.
lol, yea bitcoin is on sale for almost 2 years now. Cheap better buy now.
....
11.
Post 12418283 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.26h):
Going to Hit 210$ this time..Just Hold on and watch the ditches...
I think it will be a good time to buy a 10x Bitcoins.
https://www.youtube.com/watch?v=Xdg3Ea9rEGo"cheap cheap!!"
12.
Post 12426531 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.26h):
I think it's a good sign that we are still holding at 230 knowing all the economic turmoil happening lately with many countries. Lets see where things will lead in the next 4 months.
there are currently no economic turmoil... We currently just have concerns because the growth especially of china is slowing down. They always had double digits growth and is now slowing down to 5-7%.. Once their GDP starts going negative, then we can start talking about economic turmoil..
Looks like bitcoin has had its prime time as it seems...
13.
Post 12456994 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.26h):
So can we finally dump to sub 200$?
There is obviously nobody interested to push this to 300...
14.
Post 12457391 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.26h):
So can we finally dump to sub 200$?
There is obviously nobody interested to push this to 300...
it will not happen. had massive dubble bottom on BFX and thats because of the margin domino effect.
other exchanges have a higher high.. around 200 ..
the weekly looks like it's time for reversal..
buy 220 225 sell 310 zone.. and wait until we get out of this sideways. (+316$)
people have called reversal like 10 times now...
Remember the last "This time is different!!111" pump?
Yea...
15.
Post 12479884 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.26h):
What's goin on
the usual Bitcoin dumping..
16.
Post 12542855 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.27h):
The pump got the daily MACD to cross to positive, also flipped the daily PSAR to bullish, so we will go up for a while.
But considering the huge Chinese volume (if it's not fake), for the relatively small price increase, breaking further resistance levels won't be easy.
MACD isn't an indicator for buying/selling.
It just shows the same things you can already see on the chart.... Just a bit more obvious
17.
Post 12599124 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.27h):
No weekend dump = Monday morning pump?
more like weekend nothing, monday even less.
18.
Post 12719978 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.28h):
Fuck you bears.
up and down... up and down...
19.
Post 12720042 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.28h):
if it stops here we will establish an even stronger bear trend by making another lower high on a rally attempt.
Luckily I took profit yesterday and also went short with a small position.
20.
Post 12720128 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.28h):
Nothing changes. Thread full of book talkers. Are any of the old guard left apart from Oda?
nope, everybody got banned for posting referral links. Only the "I am always bullish on Bitcoin" guys are left.
21.
Post 12720272 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.28h):
full retrace of the previous day.
Good Luck Bulls from here on!
22.
Post 12721603 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.28h):
Don't worry guys, Gemini volume's picking up! 19 bitcoins traded in the last hour alone
Bullish!
WoW! That's actually unbelievable. Never thought something like this would be possible.
23.
Post 12722223 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.28h):
so apprently i missed some big shit in my inactivity the last couple months...
bitcoin xt? satoshi actually posting something on the dev mailing list? wow.
and here the price action is going all interesting places.
interesting times indeed.
Bitcoin XT was a dud. "Satoshi" posting was likely the hacker that hacked his e-mail account last year.
there is no prove if it really was an hacker... We only know the real account was used from the real Satoshi in the past.
24.
Post 12754379 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.28h):
a six dollar pump? So what? It didn't even trigger my sell order. Why do you even care? What's these assholes like hdbuck even doing on a Wall Observer thread if they don't care about short and intermediate term prices as they claim?
people have been screaming and yelling moon and posting burning trains for almost the last 2 years... So all the way down from the very top...
This is definitely not a good place for rational thoughts....
25.
Post 12785663 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.29h):
Down a few bucks, still up from yesterday..
let the candle close before you decide ...
26.
Post 12861586 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.30h):
lol the panic buys. there will still be coins for sale tomorrow xD
well people will never learn to not buy into a bubble
27.
Post 12861676 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.30h):
starting to go parabolic, time to start shorting it again... The Futures premium just looks like a juicy present for everybody free to grab for anybody looking into it.
Done.
28.
Post 12861712 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.30h):
After starting buying bitcoin in September 2013 at 130$, all the way up to 1200$. Then accumulating further all the way down .... if it keeps the pace I will finally reach break even in about .... 10 minutes
Same here, bought from $800 all the way down to $200. Now nearly at break-even again. I'm fine with a slow rise, but this is ok too.
every parabolic rise is followed by a crash. If you want bitcoin to gain real value you want to have a steady slow growth developing.
29.
Post 12861784 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.30h):
going to cash some coins out here I made trading Forex recently
not a bad day today.
30.
Post 12861812 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.30h):
Wow this was a nice day...again Bitcoin rose more than $30
Is it save to say that the bear market is over?
nobody knows... We could very well top out around 400 and start the next wave down...
A lot of people get way too easy freaked out and panic buy here... And somebody has to pay for the profits other made at some point.
But this is the wrong place to talk about rational behavior people have been posting rockets and trains the hole bear-market time ..
31.
Post 12866024 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.30h):
so even
1broker.com ran out of borrow bitcoin funds...
https://twitter.com/1BrokerCom/status/661329906689773568I wonder what is going to happen when Literately EVERYBODY is long.... That's not healthy for sure..
32.
Post 12866560 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.30h):
Got a call 20 minutes ago from an old friend working for Citibank in Bahrain (remind you, it is 6:48 AM where i am -yes, still awake:). TLDR: "please get me some BTC, am just back from a conference about "blockchain" in Dubai". 'nuf said.
This is the kind of thing that makes me think the price won't even pause at $1000 or $10000 on the way up.
yea lets go straight for $1000000000000000000000000000000000000000000000000000000000000000000000000000000
33.
Post 12873692 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.31h):
nicely catched the flying knife and shorted right before the 10% drop...
Thanks for the money fomo guys
34.
Post 12873702 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.31h):
Wow dat volume. Besides the january dump it's the biggest daily volume on stamp for this year.
extreme volume = best indicator for tops/bottoms.
Hope you guys sold above 400$
35.
Post 12877762 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.31h):
Lol that poor try of dumping. Some bears love to lose money.
That's why they're bears. Losing money is their raison d'etre.
nobody ever got broke taking profits...
Especially when you had a 60%+ profit run without margin in a very short time frame.....
It is stupid to not take profits. We have 90%+ Long... That's not a situation where markets stay stable over time.. But this forum is the wrong place for a rational discussion.
36.
Post 12884811 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.31h):
how high is this thing expected to go?
32,000$ Bitches!
Lol
Are you serious?
Why not 1000000$ for
BTC?
∞$ per Bitcoin is the real aim for most people here.
37.
Post 12885823 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.31h):
I am sooo glad I sold everything all the way above 450-500$ and even shorted a bit.
Fomo people are going to pay now for their fomo stupidity.
38.
Post 12886373 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.31h):
All exchanges been following huobi mad buying bot. Is "Wangli" the new Willy bot?
that would be epic. Instead of buying 10-19btc, the Huobi bot doesn't fuck around and goes for 100btc every period.
39.
Post 12886666 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.31h):
good Luck buying the dip to the gamblers. I am out for now. Buying back lower at lower non parabolic levels.
40.
Post 12887609 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.31h):
Just as a reminder how small Bitcoin still is:
Candy Crush was sold for 5.9 Billion $.
Bitcoin after the pump to 470$ is at 6.9 B $ currently....
41.
Post 12888101 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.31h):
lol who would here?
The party is over... look at the 1day pinbar we are printing...
should hurt some fomo people in the next couple days...
42.
Post 12909560 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.32h):
Looks like we are going to $450 and then slowly to $600
... why do people always aim for highs... we had the big push to the upside.. If we would be ready to go higher we would already be..
We are likely going to push up to max. 450$ but I don't think we are going stay at this level, people are just going to short there and make easy money with a smart s/l...
43.
Post 12909959 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.32h):
Looks like we are going to $450 and then slowly to $600
... why do people always aim for highs... we had the big push to the upside.. If we would be ready to go higher we would already be..
We are likely going to push up to max. 450$ but I don't think we are going stay at this level, people are just going to short there and make easy money with a smart s/l...
.... why do people not bother to look back at past bubbles... expand it out and see that there were deep retraces lasting days before the parabolic uptrend resumed... compressed onto a 2 year graph it looks like a straight line up but there are important details being overlooked...
it already went parabolic and hit 500$... the problem is we are still in an area where were 1-2 years ago... That means bagholders are all the way up to 1200$.
It's totally different to go parabolic into a new never seen area (first push to 1200$) or in a zone where we where (more or less) consolidating...
Because we stopped right at 500$ I see this as a fomo break out I don't think we will push much higher any time soon then the recent 500$. We might get close to the area again but I don't think >1000$ is possible right now. Not without big news
This pump really reminds me to the recent EUR/USD push where a lot of people fomo bought it up to insane highs... Yet EUR/USD broke down rapidly after it look really great.
In trading you really can't tell whats going to happen next. You can only bet on the better ods from your point of view
44.
Post 12911773 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.32h):
4h EMA on OKcoin going to cross with next candle... some bots will probably turn into buy mode.
Once we get to 600 and then see the first weekly red candle, then the mini-rally is over. If you were in the business of speculation or wanted to lighten up, the good time to sell is the dcb after that. So wait for the bubble, and the pop, and the next bounce. Then sell.
Few words more about that? Why 600$?
MACD is nothing else then a lagging indicator... It's the same as looking at the chart and say "Oh wow it goes up!" ... It's just visualized for the blind trader...
45.
Post 12912259 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.32h):
Edit: If you want to make money in Bitcoin or even in the stock market. Wait for a trend to develop and trade off of it in the same direction. Don't try and time the end of bear trends or bull trends.
If you bet the same amount of money each time and take your emotions out of the picture you should be able to win more than you lose and make money overall.
It's a solid strategy, but makes more sense trading the common stuff like EUR/USD. With Bitcoin there's just too many variables that can change the direction fast.
the clearer a trend becomes the more likely it gets that the trend will end...
If it would be that easy to simply buy into something because it goes up trading wouldn't work. If you buy there is always somebody betting on the other side of your trade.
46.
Post 12912669 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.32h):
Edit: If you want to make money in Bitcoin or even in the stock market. Wait for a trend to develop and trade off of it in the same direction. Don't try and time the end of bear trends or bull trends.
If you bet the same amount of money each time and take your emotions out of the picture you should be able to win more than you lose and make money overall.
It's a solid strategy, but makes more sense trading the common stuff like EUR/USD. With Bitcoin there's just too many variables that can change the direction fast.
the clearer a trend becomes the more likely it gets that the trend will end...If it would be that easy to simply buy into something because it goes up trading wouldn't work. If you buy there is always somebody betting on the other side of your trade.
I disagree, but that's what makes a market.
I do buy high sell higher rather than buy low sell high and it's worked for me for years.
The more simple your strategy and the lower number of trades you make the more money you make IMO.
What I mean is, you always buy it from somebody who thinks the price will go in his way... it doesn't mean he has to short it all the way up but still...
Some people here think trading overall is easy just because they were lucky a few times... it's not about being right all the time it's about being consistence in your decisions and not about being right all the time because that is impossible..
In the end it doesn't matter if the price goes up or down. That's what most people here will never understand when trading... Buy and Pray is not a good trading tactic long or short term..
47.
Post 12919972 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.32h):
300 gone, 320 gone. 383 looks pretty amazing on a dull post auction, post 15-month-peak day.
My thoughts / levels to look at on the btc price for the next ~2 months...
Should be a quiet good Swing trading area.. Where to put stops is also quiet clear.
Good Luck guys. Never Fomo trade if you missed it there will be another day with better opportunities to find good trades.
48.
Post 12920134 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.32h):
That chart analysis talks about leveraged shorting as the reason why this recent rally didn't go up to $1200 and why it's going down from here. Do we not also have leveraged long trades now too lol? I'm not understanding this point at all.
I can't predict what direction we go from here. But I will predict that there's not going to be much more time spent under the $300s. If we revisit those levels at all, it will be brief IMHO
I meant back in 2012-2013 Short trading was not available for most people. They Simply bought longs and sold and bought back lower to make money... Leverage was also not really a trading option back then.
Now we have all these options that's why I think the recent 500$ is equal to the 1200$ spike back then and that we should slide down from here and make a new low sub 300$ at least.
for every high there will be a low. and we have to find a new low from here I guess...
49.
Post 12921055 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.32h):
also the volume on Bitfinex should indicate the 500$ as the top of this parabolic rally. I guess we will just make lower highs and lower lows every time bull try to push it up for next couple weeks/months
therefor I expect a bearish slide from here on until we create a new bottom
50.
Post 12921657 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.32h):
also the volume on Bitfinex should indicate the 500$ as the top of this parabolic rally. I guess we will just make lower highs and lower lows every time bull try to push it up for next couple weeks/months
therefor I expect a bearish slide from here on until we create a new bottom
Fuck it I'm going long.
why so impatient?
because thats what most bitcoin people are... Posting rockets all the way down and fomo buying at the top because moon...
51.
Post 12924304 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.32h):
I love how people get over bullish when the pump is over and they still buy because they missed the train
52.
Post 12924361 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.32h):
I love how people get over bullish when the pump is over and they still buy because they missed the train
yeah..but the pump was to $500, and we are now trending in upper $300s, just $30 or so above the resitance zone which was tested 3 times, over the space of several months, and which was emphatically breached last week....
How low do people really think Bitcoin will correct from $505!?
Maybe the 500$ pump is the new 1200$ pump? Who knows?
a lot of emotions unloaded and a lot of fomo trading was done. With all the leverage shorting going on, reaching 1200$ is a total different story then back in 2012 when we had almost no leverage trading and no short trading as well... That makes the story totally different this time...
53.
Post 12925210 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.33h):
Bears need to consider covering.
that's what she said
54.
Post 12929166 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.33h):
55.
Post 12933800 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.33h):
Multiple winning bidders of USMS aution all win with bids considerably under spot. Each one wondering if the other is going to dump. What would you do? Dump first and lock in profits or roll the dice?
I think rich people don't care about making fast, certain money. They just like to hodl and help bitcoin.
I think making fast big money is the only thing rich people care... They don't care about long term if they can sack the profits now.
56.
Post 12939617 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.33h):
was it that hard to close your longs when we went parabolic to 500$?
At least for me it wasn't....
57.
Post 12940671 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.33h):
So I see LTC went ahead and tested new lows before bitcoin did ?
58.
Post 12941878 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.33h):
How silly are all the people who voted we would stay above 300$ ?
lol...
59.
Post 12941980 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.33h):
How silly are all the people who voted we would stay above 300$ ?
lol...
have we broken 300$ yet?
wait and see... or cry like most here...
60.
Post 12947121 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.33h):
What gets me is just how brazen and rude it is
Rational people just roll their eyes when Bitcoin goes up and they're alway right
Not really. It's pretty simple; as soon as the demand becomes greater than the supply we're going up. This is just natural and I'm eager to see what is going to happen near and after the halving. Didn't the price always fluctuate (mostly towards down) after the Bitcoin auctions? Both sides are pretty weak depending on where you look. It could go either way anytime (although staying at $300 would be good).
Don't get me wrong: I do not want to compare BTC to LTC but as far as I remember the LTC halving didn't have much impact on LTC prices.
I'm not saying that it will be the same thing with BTC but it seems to me there are other things, much more powerful, that can shake the BTC trading for the good or the bad. So far what I've seen always happening is that when chinese buy, volume and price tend to the sky
Actually i think it trippled in value..then stopped on double value
Look at the chart from August 25th onwards: nothing really happened. Only a very tiny increase in volume nothing else
Look at the chart on july, the value went 8x up...of course the effect of halving on price comes some time before the event
you always have to remember that these tiems where totally different. No Leverage trading, the only way to make money was buy bitcoin low and selling them high. It was almost like the altcoin market currently.
Now with all the options it's and the much bigger market cap then back then it's quiet unlikely to have these spikes again...
61.
Post 12950461 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.33h):
Did anyone here get lucky with a short position?
wrong place to ask...
This is the "perma Bull, I am always long, don't miss the boat next leg up is likely going to be $100.000k soon overtake the Gold Market Cap!" *Rocket Picture* Forum.
62.
Post 12951995 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.33h):
I'm pretty sure this price action has scared away any potential for "new money". I'm out. Buying back in low $200's.
I kinda agree. It already looks like a hard rejection on the 3d chart. The only question is if we can hold the trendline or fall back to the old 200$ pattern.
The situation would be very very different if we would have people buying at low 400$ and consolidation there. But at the edge of sub 300$ and still very small short/Long ration I guess people will start considering shorting this down to squeeze even more longs.
63.
Post 12964209 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.33h):
64.
Post 12980060 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
dropping like it's hot
65.
Post 12980474 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
so people finally start to realize this is going nowhere?
66.
Post 12980540 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
so people finally start to realize this is going nowhere?
Yep. Crypto is dead. You didn't hear?
well it will never die, but I would consider to say it reached it's all-time peak long time ago I guess..
67.
Post 12991459 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
Well I guess the next 24h are critical... huh?
68.
Post 12992082 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
The extreme opposite viewpoint is that there is demand for 25BTC/block * 6block/hr * 24hr/day * $320/BTC = $1,152,000 worth of BTC per day. This $1.15 M demand may stay the same across the halving. This would indicate an equal value. In such a case, the new equilibrium price would be $640.
Granted, the truth will likely be somewhere in between.
Of course, I am of the opinion that BTC is drastically undervalued today. But that's just, like, my opinion, man.
No way is the price going to double at the point of the having though. It will climb in the leadup to the halving which will result in more hashing power being brought online which will cause the difficulty to increase. Now, it's possible that the price will climb enough, faster than hashing power is added that there will be enough profit to not encourage miners to switch off and there may be some other factors as well but there's nothing solid.
also what most people don't know is, the current price always contains ALL information currently available. This includes the next reward halving, the current possibility of mass adoption, the current possibility of current total failure etc. etc.
The price does not reflect the current price of something it is always reflects the speculation of future prices which drives it. This is the same for all Forex / Commodities / Stock-Markets...
Halving is just a reason to be a reason to pump&dump BTC just like it happened everytime at the altcoin market / btc / ltc halving in the past.
69.
Post 13000899 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
so...
are the next 24h still critical?
70.
Post 13003884 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
short short short!
71.
Post 13007509 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
What the fuck are 'supermodel genes'? So you think the white kid is pretty and the other isn't. That is totally subjective.
Also, with 'white genes', you only mean that teeny tiny amount that affect skin color, no? Why would other genes in white people be recessive?
Well it's not just the that the skin is different... There are also other differences.. There is a reasons why all 100m sprinter and marathon runner are black and not white.
72.
Post 13012322 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
I guess the next 24h are not so critical. Just like the rest of the month likely...
73.
Post 13014775 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
Surprising amount of newbie accounts posting statist bullshit and terror fear mongering lately.
Yep, this is bullish!!!
I am short. Good Luck if you think this will go up because if this news...
74.
Post 13014808 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
Surprising amount of newbie accounts posting statist bullshit and terror fear mongering lately.
Yep, this is bullish!!!
I am short. Good Luck if you think this will go up because if this news...
This is not news but FUD.
lol....
75.
Post 13015102 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
Surprising amount of newbie accounts posting statist bullshit and terror fear mongering lately.
Yep, this is bullish!!!
I am short. Good Luck if you think this will go up because if this news...
Man short as much as you want.No one here is interested in your stupid tries to cause panic.
Furthermore this isn't news.It's just total crap.
It will have no big influence to Bitcoin's price.
But keep going with your shitty obvious scheme.
Well, thanks for your money then.
I am not even complaining.
76.
Post 13015420 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
...
Man short as much as you want.No one here is interested in your stupid tries to cause panic.
Furthermore this isn't news.It's just total crap.
Breaking: Google News in collusion with FUDsters.
Much desperate denial ensues...
everything about btc and ISIS is complete BS......
does it even matter in the end? If they want they can whip some BTC bagholders asses.
77.
Post 13018371 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
It's just crumbs, man! This is hysterical
I guess everybody's still pissed about the geezer porn?
wait, there is porn in the Internet?
78.
Post 13018522 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
just turn the question around:
Would anybody go long here?
tbh. I don't see any reasonable reason beside the standart "Bitcoin is the Internet of Money" Andreas quote...
79.
Post 13022828 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
whow.. someone fucked up big in china... look at the ltc price..
that's what everybody here is expecting for bitcoin anytime soon^tm...
80.
Post 13026908 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
now I see it as well...
Huobi has quiet some premium on LTC dont they?
81.
Post 13036061 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.34h):
Shorting is very risky, I'd hold all my coins. Not worth the risk of trade in 300's.
well in the end it doesn't matter if you go long or short leverage... As long as it moves.
I don't understand your sentence... Why would shorting be "very risky"?
82.
Post 13075111 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
I am not sure yet if I want to bearish here and jump into a short or wait and buy if it show a stronger trend then a fomo breakout like it did now. As long as it doesn't make new highs it's just normal market movement.
83.
Post 13076032 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
no pumperino this time..
Took a short as well, good luck bulls
84.
Post 13076448 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
quiet big rejection if it closes like that.
Don't want to be caught in a long right now...
85.
Post 13076978 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
looks like we're painting a nice flag and soon will be building another poll for the next flag, 420 target? try 600
<370 will be short lived IMO
it's already a quiet big rejection...
That's not how a bull-Flag looks like... I don't want to be in a long at the current position.
86.
Post 13088326 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
anybody with an epic 20x long on quarterlies here not able to sleep because he can't count the money he is making?
87.
Post 13094292 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
Can we pleas have a breakout so I can decide if I want to stay long or scalp a short ?
88.
Post 13095701 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
Yea, because everyone knows the price is supposed to go at a 45 degree angle upward forever and it's not possible to go sideways.
that's what people are saying here for like 2 years now...
89.
Post 13096094 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
Triangle attempting to converge on the upside...
it's always to the upside according to this forum
90.
Post 13096674 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
Will we see 400 before Christmas Day?
you can bet on it if you think so.
91.
Post 13097625 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
yea looks like it tries to push the wedge to the upside ...
92.
Post 13100817 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
Does anyone know why blockchain.info is down?
they are back... Most likely DDOS attack or something like that...
93.
Post 13101551 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
cant access blockchain.info
for some reason
it's still giving me this page cant be displayed
working for me...
They are obviously under DDOS attack.
94.
Post 13103022 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
Can someone start a new wall observer thread with ChartBuddy?
This thread is absolute shit.
To block r0ach and to install newbie-jail again would be enough.
I'd vote for that.
I would too.
+1
the problem is, that all the people with reasonable left this forum like ~1-2 years ago..
This threat is mostly like a junky meeting, posting Rocket pictures and saying it's stupid to short bitcoin at any point...
95.
Post 13105085 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
going to ride this until ~400$... Looking for shorts after that ... but depends how it looks then.
96.
Post 13110461 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
So looks like 380-400$ is the place to take profits / scalp some shorts?
97.
Post 13113226 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
anybody planing / shorted already here?
* scalp short ofc.
98.
Post 13113343 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
anybody planing / shorted already here?
I think we will go up... volume is catching up and the trend is rather clear.
if it would be so clear that we go up we would have already gone higher ... Also BFX wouldn't be so packed with 10k coins to 400$ if it would be crystal clear that we go much much higher soon.
I am not talking about long term, just for mid term...
99.
Post 13116104 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
place your bet with s/l and t/p and leave for a week or so
100.
Post 13119102 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
anybody planing / shorted already here?
* scalp short ofc.
quiet easily catched a yet 10% move
101.
Post 13119204 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
c'mon guys squeeze those shorts !!!!!!!!
I've already done my part .... ALL IN MFs !!!!!!!!
we are currently not squeezing any shorts for sure...
On top there are almost no shorts to squeeze...
102.
Post 13119317 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
we are currently not squeezing any shorts for sure...
On top there are almost no shorts to squeeze...
It was a long squeeze... Traders will buy back as soon as price increases.
possible, but it can also see a lower high.. Not even a 50% retracement from the 500$ high..
l can also see this developing into a downtrend from here.. Maybe 2xx$ coins ? we will see
103.
Post 13119365 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
When the desperate bears surrender for good? I mean, fuck off you ugly fucks
lol there are almost no bears in the market... Look at the positions everybody is bullish... This is how the market currently looks when everybody is bullish..
We only have ~5k BTC margin short on BFX while there are over 22 million$ (at current price ~64k BTC) Margin Long... That's a ratio of 12.8 : 1..
And all these people want to cash out at profit. There is not even a option for a shortqueez while a long squeez will crush some people buying the breakout..
Not saying it will go down because of that, but it won't go up because there are any bears in the market which could be squeezed.
Overall I think people are way too many people are pure Bulls in the market currently...
104.
Post 13125922 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.35h):
lets see if the channel holds.
105.
Post 13139270 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.36h):
Watching Mario Draghi on the idiot box: "the bonds will stay on our balance shit."
Honesty from a central banker.
Well they have to try everything to get inflation going... The current system desperately relies on inflation. It's not good or bad it's just how it is.
106.
Post 13143359 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.36h):
Eur/usd jumped +3.15% today.
So...good time to buy dollars on the dip? Or will euro bubble? Should I hodl euros?
Well, yellen want an up of rates on dollar ... less than 2%.
that's why euro surge.
that's wrong.
The reason for the crazy Eur/usd rally today was the ECB rate decision. The market expected Mario draghi not just to expend the time period of the QE program but also expend the quantity of the program to over 100 Billion € per month. But that didn't happen. If it would have happened a parody move would have been likely.
So this was a lot of shorts getting stopped. But I still think the EU will reach parody phase because the FED rising interest rates is likely in 2 weeks.
107.
Post 13143680 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.36h):
Kraken btc/eur looking stupid. How can they go for lower prices while all the other exchanges are buying?
Eur/usd jumped +3.15% today.
So...good time to buy dollars on the dip? Or will euro bubble? Should I hodl euros?
i think its going to be slightly safer to trade BTC/NOT_USD_FIAT
DXY was >100 a few days ago.
http://www.marketwatch.com/investing/index/dxybut i wouldn't trade based on your prediction of the USD/EUR.
DXY is just the "U.S. Dollar Index" it's a sum of all currencies traded against the USD
https://en.wikipedia.org/wiki/U.S._Dollar_Indexwith the Euro having 57% weight DXY is almost a mirror of the EUR/USD pair
108.
Post 13143756 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.36h):
109.
Post 13143973 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.36h):
GG back to bear Market.
RIP Bull Market Nov 04 -2015.
110.
Post 13147309 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.36h):
Sitting right at the triangle and the 50% Fib retrace.
Perfect time to take a short with a smart s/l before the weekend dump starts
111.
Post 13147976 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.36h):
Thread very silent, best time to look for opportunity.
On Finex there seems to be a battle over 360$: it looks more like pong. Sorry man, I see no opportunities right now but, perhaps, I'm blind.
playing pong usually involves something that is moving.
112.
Post 13148197 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.36h):
lol? Is that normal?
there were 141.230 BTC send in the last Block? I can't remember seeing that many in a block for a very long time..
https://blockchain.info/block/00000000000000000d7b0383d6347e7453be15e2c092afe3d0289f626bb52a6f
113.
Post 13148459 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.36h):
Thread very silent, best time to look for opportunity.
On Finex there seems to be a battle over 360$: it looks more like pong. Sorry man, I see no opportunities right now but, perhaps, I'm blind.
Got it now ?
why do people long right at the trend line? It has not been broken yet... You can still buy a long when broke the trendline..
114.
Post 13157186 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.36h):
buy the dip.
115.
Post 13158423 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.36h):
That's why I get the big buck$
Disclaimer:I'm wrong 32% of the time...
even good traders are wrong way over 50%.
They just know when to cut loses and when let the winner run and when to take profits. They just have a working system.
I read about a young famous stock trader who became a multi millionaire. He said he had losers in like over 95% of his trades. But the 5% where absolute monsters.
116.
Post 13165239 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.36h):
lets see how far we dump after the pump yesterday
117.
Post 13170047 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.36h):
profit taking, should retrace even further here, even thought it's still bullish. Not really breaking 400$ was the reason for the first sell-of recently. Doesn't look like people are still willing to buy back the dip as they did all day. Looking at the 1h there should be a lot more retracement coming.
Maybe around 377$ or even 350$ if it wants even more retrace.
I am short for now good in profit already. s/l at small lose.
good luck for this week guys!
118.
Post 13179348 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.36h):
just chill out. If we stay at this level for the rest of the month it is worth much more then pumping it further here and let everything collapse again....
119.
Post 13179437 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.36h):
I gave a huge tip with the vwap distance...it's like the wind beneath the wings of a plane!
what is huge? For some people 20$ is a huge donation.
120.
Post 13199865 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.36h):
Looks like the Shanghai Stock Exchange Composite is at a big big bearflag. The Forex Market also shows a bigger turn around then most people expected. (Euro & JPY rallyed really hard last couple trading days)
Next couple weeks are going to be crazy. Maybe we will see the start of the next big crises already?
If the Chinese Stock market totally collapses Bitcoin could shine.
Spread the words if it happens.
121.
Post 13237662 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.37h):
waiting for more shorts to squeeze...
there are so shorts in the market... What do you want to squeeze...?
122.
Post 13238775 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.37h):
Some of you (bears) need to accept we are now in BULL mode. For the next few years at least. So, yes we will have dips and corrections, but the general trend is now- UP. Don't fight the trend.
hahahahahahahahaha
Few years..... gosh??? I wished. We have been in bull mode for a couple of months now, but surely the beginning stages of bull mode are surely difficult to identify,until after the fact.
Even though bitcoin is an overall bullish investment, I want to suggest that bitcoin's history has shown that clear bull markets do not tend to last for very long, and I would not expect this particular bull mode to be much different from the past.
Surely history is not going to repeat itself, exactly because several dynamics have changed including some of the BTC infrastructure and also the base of players seems to have become considerably broader.
For sure, I cannot exactly predict how the current bull market is going to play out, but few years seems to be very considerable overstatement.
Maybe on the outside 1 year of a bull market could be possible, but more realistically if we get 3-9 more months out of this baby, we will be doing pretty well.
We can certainly pass previous ATh in 3-9 months, and it could be possible to get a couple of violent upsurges in a 3-9 month - or even a bit over a year time-frame - but a few years, it doesn't seem too likely.
here's my back of the envelope... First bubble to $3-$5k. Correction to $1.5k. Second bubble to $12-$18k Correction to $7k-ish... maybe all of this could occur within the next 18 months, but it does not seem likely that there is going to be enough upcoming mass adoption to sustain any bull market for a "few years"
I guess the people who bought all the way down are new relieved that they didn't lose all of their money... Now they are overly happy and want this to go straight for the moon..
Hell we are not even able to really breach 500$ yet... And people are starting to talk about over bullish mode. If trading would be that easy everybody would become rich. Somebody has to lose money in order for you to get money... While on the way down there were always people buying, I don't see enough people selling this right here. We need a bigger shake out to shake out all these overly bullish guys on leverage positions before we can really attempt to break 500$ with strength.
123.
Post 13238852 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.37h):
here's my back of the envelope... First bubble to $3-$5k. Correction to $1.5k. Second bubble to $12-$18k Correction to $7k-ish... maybe all of this could occur within the next 18 months, but it does not seem likely that there is going to be enough upcoming mass adoption to sustain any bull market for a "few years"
Bitcoin doesn't need "mass adoption" for its value to skyrocket.
right... It just needs a reasonable believes that we could reach "mass adoptions" to make the price skyrock. When we are at "Mass adoptions" the price will start dropping again. Because the price is a representation of future speculations and not of the current value...
You can see this effect on the USD Dollar Value. The rise and therefor the speculation on a rate hike started almost 1.5 years ago. Now the USD looks like topping out and consolidating / falling a bit.
It's going to be really really interesting how Markets are going to react after they really hike the rates after ~9 years.
Really exciting times are ahead of us.
124.
Post 13238976 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.37h):
You are goofy in your attempts to analyze me and/or my situation and attempting to extrapolate from me concerning what a typical bull may look like.
Surely, in my strings of posts on this forum, I have provided a considerable amount of information about me, my bitcoin investing history and my evolving views on various bitcoin related investment topics - nonetheless, you still cannot know my situation sufficiently in order to generalize that my situation is reflective of some "type" of BTC investor that needs to be weeded out. you are a fuck-head for suggesting such, and you are a pretentious ass to be using the royal "we" to assert that you are in some group that is somehow distinguishable and better.
There going to be all kinds of people who sell their bitcoins as the price goes up and there will be additional folks and institutions jumping on board too.
Don't worry, you pretentious ass, TReano, there are plenty of bitcoins to go around, as long as you are either on board now, or you are planning to jump on board in the near future in the sub $500s price arena.
dude watch your language.
Seems like you have to ask your mother again how to behave in public...
Nobody is interested in a discussion like that.
/ignore kk thx bye
125.
Post 13240612 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.37h):
I wonder when the "I buy the dip" mentality stops and we have the next retrace
126.
Post 13248564 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.37h):
mhh looks like we are topping out here at 450$...
let's see if it will be followed by a consolidation phase or a bigger retrace.
My body is ready
127.
Post 13248665 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.37h):
we're still trending up, so respect to those who have courage to short
The question here is are we going through 500 barrier or some sort of triple-top will form again
I am pretty sure not many people are shorting here.. Most of the sells are taking profits from longs which is totally reasonable after a over 100% move...
128.
Post 13250929 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.37h):
loool, bitfinex actually still didn't get their shit together? Wtf...
Glad I didn't really ever use them, just like Gox-...
129.
Post 13262117 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.38h):
on BFX: 13K in ask orders to $500 is now down to 7.5 K. Sell side order book just got chopped in half. Of course with the ability to hide orders, Bitstamp order book is more reliable. on stamp, there are about twice as many asks as bids in the $20 range up and down.
I wouldn't pay too much attention to the orderbook. It's only helpfull when there is real action going on from my experience.
I learned that the Second Level is not that important by trading forex.
130.
Post 13272090 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.38h):
Short short short
131.
Post 13307578 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.38h):
Again rejected before 500$.
I guess this Bull market didn't last too long?
Lets see where all the leverage long positions want to close at
132.
Post 13311176 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.38h):
time to short this down and squeez a couple perma bulls
133.
Post 13311251 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.38h):
time to short this down and squeez a couple perma bulls
plz short the shit out of this mf
I am happy short perma bull thanks for your money.
134.
Post 13372276 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.39h):
Looks like it doesn't really want to bounce.
expect further drop if we can't hold the level between 2650-2600CNY.
If we make new Lows around 2200CNY the bulltrend should be dead. But I would still expect a dead cat bounce around that area.
Daily Candle about to turn red again on top.
135.
Post 13374498 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.39h):
looks like a bearflag forming on the 4h.
Once it dips below the trendline I can see follow thorough. Even if it pumps at this point I can see a lot of people shorting this on the pump.
136.
Post 13390507 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.39h):
Pump or trap?
Don't know
we will see, bears wouldn't short at 400$ but they could try to at 440$.
137.
Post 13578111 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.41h):
reshort time soon.
Just like the world Indices next week.
138.
Post 13578960 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.41h):
is it just me or does the hole bitcoin community became total trash not even needed to look into anymore?
139.
Post 13589653 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.41h):
The upcoming week is going to be really important... Rather the World Market bounce or totally break into Hell.
Prepare your Anus.
140.
Post 13601515 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.41h):
my opinion: Sideways from here on if it doesn't dump further at some point.
Everybody was hyper bullish on Bitcoin and the Chinese Stock exchanges where crashing hard and we still weren't really able to break the 500$ target even after several attempts the buy-power was simply exhausted...
It will be interesting to see what Bitcoin will do once the S&P 500 and all the other indices start dumping. At least they are all at the edge of the next big financial crash which could be much worse then the one in 2008...
But I don't expect much action in Bitcoin in the near future. Chop and sideways best case.
141.
Post 13611212 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.41h):
still no buy pressure...
Could have another leg down ...
142.
Post 13611389 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.41h):
I really wonder when this damn blocksize shit is going to be solved. It's becoming retarded.
143.
Post 13632301 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.41h):
144.
Post 13708933 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.42h):
tbh with all this forking-crap i expected bitcoin to be sub 300$ anytime soon. that we are still around 380$ really surprises me. either i am ahead of the market or i am wrong by the market.
true. It's a total fuck up mess. I wouldn't be surprised at all if we end up at 200$ again...
I guess the reason why we are still so high is that most people from outside have no idea what is really going on. The further the price falls the more people will look into it and start understanding the mess.
If this keeps on going like this Bitcoin is really not that robust and could get thrown back a couple years...
I mean the question is simple: 1, 2 or even more MB and people already start a civil war. It's plain stupid.
145.
Post 13709251 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.42h):
the ship is sinking.
146.
Post 13709363 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.42h):
... Shit. Just when I decide to try out margin trading, the BTC decides to take a $20 plunge (guess what I am now). Seeing as how I live in a fucking third world country, I'm going to have to buy bitcoin at a premium to inject into my margin wallet to prevent being margin called. Good thing is, liq price is set at $200... Hope we dont flashcrash under that between now and tomorrow.
I really recent the fact that people selling bitcoin though international means charge such a large margin above price. Whatever. The drawbacks of living in a broke-ass failed state will be over soon.
sorry to hear that. But you should know basic knowledge before starting to trade on margin.
The situation was pretty clear to not take a long position. Even before the drop. The Triangle was broken to the downside 1 day ago.
147.
Post 13727870 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.42h):
the price is really low right now and i think that it will have to start rising in the near future, i hope i am right
or it's the beginning of the next bear cycle which would depress a lot of people here.
148.
Post 13735103 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.42h):
the price fell a little bit and it is stable right now once again, when there will be more movements? i need some action
it's bleeding. There is tension in the market. We could be at the edge of the next bear cycle if this bullrun really dies of like that.
149.
Post 13735612 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.42h):
the price is pretty stable right now and i think that it is a good thing for now as people can be more sure that they will not lose money
based on what?
...lol...
150.
Post 13738677 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.42h):
Bitcoin still looks super heavy.
151.
Post 13738713 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.42h):
Bitcoin still looks super heavy.
Sometimes it takes a while for dreams to die.
yea people are used to buy the dip which they did all the time.
Now we are at a point where the market is constantly bleeding even thought they are still buying it.
lets see how red we will see once the last dip buyer gives up-
152.
Post 13744009 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.42h):
153.
Post 13750744 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.42h):
chart should explain everything
154.
Post 13757779 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.42h):
Bitcoin: bleeding since 2015(TM)
What a awful year... and seems to go worse
yea I really would like to know how how the the regular investor who bought before Christmas at the high right before the first big drop and see the value go for almost 2 months constantly now.
Looking not so pretty anymore.. mhh
155.
Post 13758537 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.42h):
Shanghai Composite again down 1,5% at opening....
Damn the stock markets are developing into a blackhole...
156.
Post 13769963 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.43h):
next leg down possible here. we didn't even attempt to break 2560 CNY yet. which is bad.
157.
Post 13773380 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.43h):
Price is stagnant which is bad even for traders as there's not even 1% price change in between several hours. Seems most investors are now in altcoin.
lol nobody who is really trading is even considering altcoins... You should better put your money in a slot machine then into an altcoin..
If you really want to trade there are other markets which are mega liquid...
158.
Post 13775078 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.43h):
man Bitcoin looks slow and heavy compared to the forex market currently.
The Euro got 4% in like 2 days without a pullback.
Maybe bitcoin is finally just reacting to the weak Dollar which is on his knees together with the stock markets?
Man if the markets flip over we could see a worse crash then in 2008... It's going to be really interesting how Bitcoin is going to react at the first big scale global crisis.
Will it shine? Or just dump like everything else?
We shall see.
159.
Post 13775525 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.43h):
man Bitcoin looks slow and heavy compared to the forex market currently.
The Euro got 4% in like 2 days without a pullback.
Maybe bitcoin is finally just reacting to the weak Dollar which is on his knees together with the stock markets?
Man if the markets flip over we could see a worse crash then in 2008... It's going to be really interesting how Bitcoin is going to react at the first big scale global crisis.
Will it shine? Or just dump like everything else?
We shall see.
Interesting correlation if you take the S&P500 (Bars) and the Bitcoin price (Orange Line) ...
160.
Post 13777944 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.43h):
already topping here?
161.
Post 13779452 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.43h):
Rapid pump again to let it bleed down to new lows again like it did the last 3 times?
162.
Post 13810170 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.43h):
Bitcoin looking really good right now in my opinion. This has definitely bottomed out and we will see higher prices again. Enjoy!
I wouldn't call it great... If anything you could say we started dumping for now.
But we are at the edge if you look at the charge. Triangle is getting smaller and smaller.
163.
Post 13819355 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.43h):
Gold is up almost 15% without any noticeable pullbacks yet this year. This is straight connected to the dropping Stock markets. The Goldprice is a straight measure of market fear.
This is the time for bitcoin to shine like gold does. If we dump just like the stock markets do I don't see many people looking into bitcoin as a possible investment in bad times.
164.
Post 13819482 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.43h):
Gold is up almost 15% without any noticeable pullbacks yet. This is straight connected to the dropping Stock markets. The Goldprice is a straight measure of market fear.
This is the time for bitcoin to shine like gold does. If we dump just like the stock markets do I don't see many people looking into bitcoin as a possible investment in bad times.
I think part of the market sees it as digital gold and part of it sees it as a tech stock. That should lead to head-scratching and flat.
Or extreme violence. Either way.
Well if you are honest 99% of the people don't see a real problem with fiat money, even if you explain it to them. They simply don't care
165.
Post 13819616 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.43h):
Gold is up almost 15% without any noticeable pullbacks yet. This is straight connected to the dropping Stock markets. The Goldprice is a straight measure of market fear.
This is the time for bitcoin to shine like gold does. If we dump just like the stock markets do I don't see many people looking into bitcoin as a possible investment in bad times.
I think part of the market sees it as digital gold and part of it sees it as a tech stock. That should lead to head-scratching and flat.
Or extreme violence. Either way.
Well if you are honest 99% of the people don't see a real problem with fiat money, even if you explain it to them. They simply don't care
Only that the the 99.9% haven't got any money, relatively speaking.
The 0.01% who do have the money do care.
if you say that you did not understand the system...
the upper 1% are the guys profiting from the printed money not the 99% they are forced to be poor no matter how much they work on their regular job. On top most Billionaires and Millionaires are mostly on paper rich, mainly because they have a lot of shares of something in the stock market. Like Mark Zuckerberg, Bill Gates, Sergey Brin, etc. essential every rich person super rich.
166.
Post 13819807 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.43h):
Gold is up almost 15% without any noticeable pullbacks yet. This is straight connected to the dropping Stock markets. The Goldprice is a straight measure of market fear.
This is the time for bitcoin to shine like gold does. If we dump just like the stock markets do I don't see many people looking into bitcoin as a possible investment in bad times.
I think part of the market sees it as digital gold and part of it sees it as a tech stock. That should lead to head-scratching and flat.
Or extreme violence. Either way.
Well if you are honest 99% of the people don't see a real problem with fiat money, even if you explain it to them. They simply don't care
Only that the the 99.9% haven't got any money, relatively speaking.
The 0.01% who do have the money do care.
if you say that you did not understand the system...
the upper 1% are the guys profiting from the printed money not the 99% they are forced to be poor no matter how much they work on their regular job. On top most Billionaires and Millionaires are mostly on paper rich, mainly because they have a lot of shares of something in the stock market. Like Mark Zuckerberg, Bill Gates, Sergey Brin, etc. essential every rich person super rich.
In Benjamin Grahams book "The Intelligent Investor" there were some musings on if people put their savings in a portfolio of solid household stocks instead of the bank. This way your savings will follow value creation instead of money policy. Eventually I hope Bitcoin will have a similar profile.
Surely Bitcoin can be at some point a real investment strategy if the price gets more stable in the area of Gold. You also want the liquidity which the big markets provide.
I mean if I would have 1 Million $ to invest I would surely not put it in bitcoin. Maybe a small % to profit from it if it takes over the world. Sure it can go up and I could easily double or quadruple at some point. But in the end Bitcoin is a high risk asset and could end at some point and become worthless.
167.
Post 13820290 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.43h):
Gold is up almost 15% without any noticeable pullbacks yet this year. This is straight connected to the dropping Stock markets. The Goldprice is a straight measure of market fear.
This is the time for bitcoin to shine like gold does. If we dump just like the stock markets do I don't see many people looking into bitcoin as a possible investment in bad times.
bitcoin is different from gold in that it is way more risky.
sure seeing the fiat system slowly implode, is good for bitcoin, but it's not necessarily the place poeple run to when the stock market crashes. poeple run to gold because it's safe, bitcoin isn't perceived as a safe place.
agreed. That's what I wrote in my other post.
Bitcoin is in the end an high risk asset. If markets crash so will bitcoin most likely. It's just not a liquid safe haven to run into
168.
Post 13825973 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.43h):
price is up a bit, Max leverage short now?
It looks like the Bitcoin price is currently mainly moved by the Forex market... lol
169.
Post 13843371 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.43h):
170.
Post 13851647 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.43h):
Oh boy..
https://twitter.com/AFP/status/697845738252935169This should only fuel the panic in the markets. Be careful with your investments guys.
171.
Post 13851840 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.43h):
Yea it might not be in the mainstream media but the world is really at the edge of something really really bad.
Hopefully the ruling persons do not make fatal decision.
If the retard Saudis want to start a World War, leave them alone and let them be crushed by Russia.
Also I guess the recent drop in Stocks / Spikes in Gold are just the beginning. There is much much more downside in the stock markets.
I mean the S&P500 was at 700 points at the financial crises in 2008. So if this strikes we could see over a 60% drop. This will likely get much worse then in 2008.
172.
Post 13852209 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.43h):
Bitcoins feels so heavy still... I guess this will just follow the stock markets in the end of the day.
173.
Post 13884908 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.44h):
the price is on the rise, i am wondering how much it will go at such high numbers
as long as we are not printing a new high above 425$ (BFX) I won't worry too much about high numbers
174.
Post 13886165 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.44h):
First Classic block mined.
P2XTPoolP2 XT Pool - Bitcoin Mining Pool Because we want to trigger a fork to give bitcoin more capacity for transactions
Oh. Oh my.
I don't even care who is going to get ahead of all of this civil war as long as everybody else gives finally up and we end the discussion.
175.
Post 13893371 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.44h):
again lower high :<
176.
Post 13960092 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.45h):
does still anybody belive we can pump to new highs without the Gox bots?
177.
Post 13960194 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.45h):
does still anybody belive we can pump to new highs without the Gox bots?
oh i do! 6B$ is nothing when it comes to financial markets.
it is quiet a lot if you have to put that money on strange shady exchanges. Including the risk of being part of the next Gox exchange.
178.
Post 13960300 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.45h):
Always the same scheme. Pump it till 430-450 and sell... Why can´t they simply let it grow?
because that's how trading works.
179.
Post 13966033 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.45h):
Ok I just oppened a long. Who's with me?
We should have a thread to see if market is more bearish or bullish.
I wouldn't really want to go long here. Your stop would have to be below 390$. or even lower since it's the last low we printed/break out level.
Either wait for it to really break to the upside and get momentum or buy the pullback at 50% fib with the stop around 360$.
That would be my plan if I wouldn't be in a position right now. We are also entering potential short area if we can't propel higher here.
180.
Post 13966065 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.45h):
Ok I just oppened a long. Who's with me?
We should have a thread to see if market is more bearish or bullish.
I wouldn't really want to go long here. Your stop would have to be below 390$. or even lower since it's the last low we printed/break out level.
Either wait for it to really break to the upside and get momentum or buy the pullback at 50% fib with the stop around 360$.
That would be my plan if I wouldn't be in a position right now. We are also entering potential short area if we can't propel higher here.
181.
Post 13966155 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.45h):
Just something I saw. It would fit perfectly. To the Elliott Wave Pattern.
The 5th wave is the only thing which doesn't fit perfectly. Could have been a bit higher... But still.
I also like how it sold off after we barely touched 3000 CNY.
182.
Post 13993731 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.45h):
billyjoeallen still bearish? Close your shorts already. Don't be greedy. You will not get a better price anytime soon.
420 is not exactly what I would call cheap :-/
Maybe I am greedy, but that's called trading.
https://www.tradingview.com/chart/BTCCNY/XfqiYJRA-Pottential-elliott-wave-pattern-BTC-Wave-C-coming/s/l is above the recent high since I shorted almost the top... So even if it goes against me, worst case I lose almost nothing
183.
Post 14098259 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.46h):
184.
Post 14130528 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.47h):
seems like we are consolidating which is great longer term either for stability and growth.
185.
Post 14415171 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.48h):
https://youtu.be/mg3VFWN1csc?t=24m21sFound this interesting commend from a professional Forex Trader from Dailyfx on the Bitcoin price/chart. It's from Friday.
186.
Post 14551408 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.49h):
Feels pretty good to be long, doesn't it?
187.
Post 14792326 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.50h):
BTC price looking great. Looks like people are just waiting for a pullback to jump in all the time.
Halving is going to be interesting. I expect a big red candle on that day since it's way too obvious.
188.
Post 15079893 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.51h):
I just revisited the Wall Observer...
Wtf happened, it's full of troll and shitposts lol
189.
Post 15080235 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.51h):
I just revisited the Wall Observer...
Wtf happened, it's full of troll and shitposts lol
i remember when we had a meme-speculation threat, and this threat was full of charts.
Now this is meme-speculation.
maybe I am just getting too old... It's just like nobody seems to text message anymore they all use voice-messages..
Seems like same happened even on forums .... lol
190.
Post 15093828 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.52h):
What a spam again by all the wanna be millionaires lol
191.
Post 15093834 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.52h):
Looks like we found resistance.
Now Lets see if we are able to consolidate or face slow downtrend where all the enthusiast will buybuy.
192.
Post 15094064 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.52h):
Looks like we found resistance.
Now Lets see if we are able to consolidate or face slow downtrend where all the enthusiast will buybuy.
there isn't such thing as a slow downtrend. Look at 2h-1day charts, we either go vertically green or vertically red. Until we do either, we're going to enjoy this sideways action, calm before the storm.
ofc there can be a shortterm downtrend with lower lows... Why shouldn't there be such thing...
It's actually pretty normal once you peak in a bullish parabolic move.. People will try to catch the bottom every time and it will bounce up but eventually create a lower low where the former bottom picker will close at a minor lose/ reopen a new long...
Just take a look at how the big the last "moon" move worked out. Everybody was fomoing and trying to chase the trend after we peaked at 1200$ but eventually we retraced the complete move over 2 years.
I am not calling any tops here or even a new bear trend. You can't predict the future anyway. If it would be crystal clear that we would go to 1200$ we would already be there and not get resistance below 600$. You also have to keep in mind that the last moon was with much less coins in circulation. Also there was almost no leverage trading or short trading. This will definitely make a giant move like back then less likely. Not Impossible ofc...
193.
Post 15095496 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.52h):
Bitcoin Block Reward Halving Countdown:
Only 35 more days!
I don't think it will matter much... If anything it well be sell the "news" .. If you can call it news at all since everybody knows about it for years.
194.
Post 15220092 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.53h):
Bitcoin Block Reward Halving Countdown:
Only 25 more days!
Reward drop ETA: Sun, 10 Jul 2016 10:54:01 GMT
sell the news.
195.
Post 15220271 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.53h):
Anyone notice the pattern? Quick pump & watch it deflate?
called fomo.
people try to catch/call bottoms on every move lower. once it break to the upside they all quickly fomo buy into to close it later: "Damn I am losing money, better close it" on the slow way down.
196.
Post 15242380 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.53h):
Just wondering, how does our current rate of increase compare with that which we saw prior to the last ATH in 2013? Say, average $/day increase in the month preceding ATH?
(EDIT: I didn't phrase that very well. Just wondering what the average daily rise was in the month preceding $1175]
well 2013 was a complete different market. Just open a chart and take a look on the weekly chart. the 2013 pump was twice/three times faster I would say~
Also keep in mind when you compare the current pump with the 2013 attempt:
-We kept printing all time highs when we broke 250$. (we don't do that currently) -> no bag holders
-there was almost no margin trading going on -> today almost everybody is trading with some kind of margin, is it 2x ~ 5x (or even higher on futures.
-there was almost no short trading possible. -> I am sure there are many daytraders ready to pull the short trigger once the situation allows it.
-There where much less coins in circulation.
-Willy bot actively pumped the price. (Who knows if something similar is going on right now as well.)
If you keep all these things in mind, the current pump is even more impressive. But because of all these reasons I don't expect it to reach 1200$ with the current run.
197.
Post 15309508 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.54h):
seems like it's much more likely that we reach my <480 prediction then all the 1k predictions on the poll here :>
gg
198.
Post 15382019 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.54h):
there was almost no reaction to the Brexit vote. All the disaster, crises hedge is just hope.
Even thought the Market reacted dramatic to the Brexit vote, especially the Forex market had remarkable moves. But Bitcoin didn't really react to this major riskaversion move... I kinda feel disappointed in the end.
The Trading Volume on loca bitcoins didn't even show any significant.
https://bitcoincharts.com/markets/localbtcGBP.htmlThe Volume even decreased before/after the vote...
This crash really looks like 2008 all over again. But it's just the beginning there is much more to come.
199.
Post 15464045 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.54h):
About Bitcoin price:
why all the fun happens during the weekends? I do not have time to show a chart but it is clear that BTC traders love the weekends.
Friday night I left at 698 and I came back at 670$
maybe because one can trade other stuff monday-friday...
That, and maybe because most workers only have time to trade at the weekend. All night trading is only practical at the weekends when traders don't have to get up early for work the next morning. This thread also gets busier and has posts throughout the night at the weekend.
My prediction is $666 at the start of the weekend, and $666 at the end of the weekend with lots of ups and downs in between.
you do not really daytrader bitcoin like you do daytrade forex. Bitcoin is a perfect swing trade asset. You place you limit order with a stop and take profit and let it run. There is no real need watching the price chart all day since it doesn't really move most of the day.
200.
Post 15495400 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.54h):
to every good dump there is a good pump before.
201.
Post 15499114 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.55h):
That dump doesn´t make sense except as a bear trap. My crystal ball says 680 in no time
It makes perfect sense. Every noob trader/investor was/is long going into the halving expecting the price to pump. But the Halving pump was the pump to 800$ a month ago. I guess there was a lot of fomo involved they would miss out the halving pump.
This is not a shitcoin anymore where a single person can pump it up 200%. Bitcoin is more or less behaving like a regular trading asset.
202.
Post 15499242 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.55h):
Im not very happy with a dump. but it would not be suprising me.
we had already a halving-pump. so the halving-day could have no effect on the course anymore.
just like it in LTC happend.
be cool and hedge you btc with some alts.. so you will win in every case
I hope we get a crazy-moving course in the rest of 2016. not such downcrawling shit as in 2014 after the mega-pump.
The 2013 pump was a completely different thing.
-We made constantly all-time highs when we broke 250$ back then.
-There was no leverage trading.
-almost no short trading
-less coins overall
-Willy bot
-no Bag holders.
I am not saying this can't happen again, but it's less likely. I expect a lot of sideways after we found new true support. Who knows where it is, I don't have a crystal ball.
203.
Post 15499807 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.55h):
So another shaking out the weak hands before the halving right?
I'm not surprised to be honest.
In a few hours we will back where we had been yesterday.
Furthermore I don't expect a big run the next days or shortly after halving.We will have to wait a bit longer before another run kicks in.
buy the rumors, sell the news. The oldest trading wisdom.
204.
Post 15499952 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.55h):
Those of us stuck in the UK no longer have to worry about a falling Bitcoin price as the pound is falling even faster. Great stuff if you never need to buy imports or go abroad ever again.
British Pound is up almost 1% today agains the USD.
BTC dumped ~6% today.
Wrong day for you Post sir!
205.
Post 15499994 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.55h):
And it was at $1.50 pre vote results. Now it's hovering around $1.30. It takes a little longer to tank. Some people say it's because it has wider adoption. I'll believe it when it see it.
it was pumped in anticipation of a remain vote shortly before the vote.
Realistically the pre Brexit vote value was around ~1.40. Also I expect this to create a new low around this area and start rallying during the winter. It's not like it could go down like this forever. It was a major move unseen in the Forex market as well.
206.
Post 15505434 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.55h):
so it's going also to be the price halving.
207.
Post 15506730 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.55h):
It's also called price halving
208.
Post 15584727 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.55h):
Good morning BTCland.
Still going sideways.
Still coiling. Fun weekend coming?
I wouldn't be too disappointed if we just go sideways for a month or two and then start to rally again with some news. Maybe we will see a downfall of stock markets later this year. That would give Bitcoin some strong fundamentals if we pump during that phase.
Would attract a lot of money from everywhere.
209.
Post 15666029 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.55h):
Price seems to have lost a lot of steam. Sideways for months again maybe? Which wouldn't be bad thought if we can keep these levels without major dumping action.
At least from an investor point of view.
As a active trader this is horrible.
210.
Post 15782856 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
Post halving dump from people expecting to get rich because of the halving.
as a lot of people predicted...
Markets are sometimes so easy to call.
211.
Post 15794106 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
man seems like Bitfinex is done with their rotten business...
Multi sign "hacked"... yea.. more like the classic exit scam we have seen every year.
212.
Post 15794136 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
555
541
Free-fall, Gox all over again haha
213.
Post 15794157 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
okay... Now I need a great explanation how the fuck Bitfinex was that stupid to get their multi sign cold wallet "hacked"...?
It sounds more like somebody from inside the shady company ran away with the money. The classic "Escape scam" thing we have seen in the bitcoin system all over again...
214.
Post 15794188 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
wtf happen to bitfinex!!!!
people have been warned several times. Their system is pure shit ran by amateurs written in ruby....
It's not like the first time their exchange is down because they don't know what the fuck is going on.
215.
Post 15794201 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
wtf happen to bitfinex!!!!
people have been warned several times. Their system is pure shit ran by amateurs written in ruby....
It's not like the first time their exchange is down because they don't know what the fuck is going on.
so btc is going down because of them?!?!?!?!?
biggest western exchange is very likely gone. Again.
So yep.
216.
Post 15794246 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
Not convinced that all those funds are stolen and not just bitfinix moving to new safe addresses. I suspect this isn't as bad as everyone thinks.
why would they need to move coins out of a cold store multi sign wallet in the first place....?
217.
Post 15794276 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
There's your buyable dip, Jimbo. Bring a towel.
why on earth would you even consider fishing for a dip here...
It's Gox all over again.. Just short it and enjoy your free money.
Unless you are on Bitfinex...
218.
Post 15808644 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
Welcome to the next bear Market, brought to you by Mt. FinexShit.
To the people who lost money on Bitfinex: You have been warned several times before the final hack that Bitfinex is a shithole. I can't even count the times people got rekt and lost a lot of money because their Ruby written system is a mess.
219.
Post 15808798 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
They didn't just lose 87 million $ worth of coins they also have to compensate all the long positions which lost money because the exchange was closed.
Good Luck with that.
They are completly fucked. I doubt they can survive this. If they do somehow come back online any Person staying on this shithole just can't be helped anymore.
220.
Post 15808861 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
Welcome to the next bear Market, brought to you by Mt. FinexShit.
Hack = 75mn
Marketcap lost something like 1.5 to 2.5 billions (depending when you look at it).
In other words, the market overreacted so it will inevitably bounce back because a 75mn hack cannot account for the marketcap fall. Short-term market action is kind of irrelevant in the larger scheme of things.
You can't count it like that. That's way to simple.
Trust is the most important thing for a currency. And Trust go completely crushed yesterday. The biggest Western exchange lost the majority of their coins. Why would any new money keep floating into any exchanges now?
I wouldn't be surprised if we do make even lower lows soon. It's Mt. Gox all over again.
Better collect money and buy back in once all this shit has settled down and the Blocksize Civil war is solved.
221.
Post 15808872 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
They didn't just lose 87 million $ worth of coins they also have to compensate all the long positions which lost money because the exchange was closed.
they've never compensated people who were caught out by their outages before. no way they're gonna start doing it now.
They did. You just had to write a support ticket to get a refund.
222.
Post 15808988 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
Welcome to the next bear Market, brought to you by Mt. FinexShit.
... which exchange are you short on?? ..and do you really expect to get some coins out before the inevitable?
what are you talking about?
Yes I closed my short already and looking for a new short entry on this bounce. Good Luck staying long in this situation.
223.
Post 15813396 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
224.
Post 15814310 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
so how well was the blockchain analysis on the 800k Mt. Gox coins?
Yep. Don't expect anything else in this case. The money is gone most likely.
People expect way too much from the law/police side...
225.
Post 15815912 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
It is going back up where it was before this semi-fake crash.
I can't believe there are people that stupid to call this a fake crash lol
226.
Post 15816855 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
people also have to keep in mind that all this bullshit doesn't create real growth but nominal growth.
227.
Post 15817213 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
people also have to keep in mind that all this bullshit doesn't create real growth but nominal growth.
most people don't benefit from any type of growth and haven't for many years. you may as well get enough to a buy a few free tvs to enjoy watching the world burn in 4k.
yes most people do benefit from real growth. But just a few benefit directly from nominal(number) growth.
228.
Post 15821124 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.56h):
from a reddit post
229.
Post 15882654 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.57h):
looks like quiet a few people moved their coins to Kraken.
At least the liquidity in the order book has increased quiet a bit on EUR/USD.
I like this development. Kraken really deserves more attention now.
230.
Post 15883681 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.57h):
looks like quiet a few people moved their coins to Kraken.
At least the liquidity in the order book has increased quiet a bit on EUR/USD.
I like this development. Kraken really deserves more attention now.
PSA (with sad eyes)
!!!DONT LEAVE YOUR COINZ ON THE EXCHANGES YOU FUCKING MORONS!!!
not this discussion again...
Good Luck without active traders on a exchange... You heavily need active traders to get decent liquidity overall.
If you are a simple investor who buys once every 3 months it's different story for sure.
231.
Post 15892123 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.57h):
Why is price oscillating from between 530-540€
Do people play pink ponk with money or what
welcome to bitcoin where it's possible price doesn't move for weeks.
232.
Post 15903492 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.57h):
So guys whats the sentiment overall?
I expected it to make new highs yesterday after BFX reopened.
But It feels like we could roll over soon and retest the lows.
From an elliott wave perspektiv we finished the ABC correction with the BFX low. Therefor a new wave cycle should start here. The question is if it's bearish or bullish in the end.
I expect a bear cycle tbh. Fundamentals are shaky with all the lost confidents overall and still no solution to the Blocksize problem which is fucking sad.
233.
Post 15913437 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.57h):
Verify:
OKcoin get fined by The Higher People's Court of Heilongjiang Province,the judge is finished at July 14th,and put online at July 29th.This judge is beyond most people's awareness because the company and and other peer companies didn't want to spread the news until today(20160813) The Securities Times(in Chinese is 证券时报）criticized that blockchain trading should be subject to legal supervision by describing a recent case in a passage without naming the defendant is OKcoin.
As we all know,Chinese authority’s attitude towards bitcoin is restricting the use and prohibiting bitcoin links to the Substantial Economy.Since this judge is the first judge that the major Chinese bitcoin exchange is the defendent,we can get some real concerns of the athority by analyzing the judgments.
○The business on OKcoin is illegal
"Lekuda company’s main business is OKCOIN ,which is a virtual currency exchange.It provides customers with a web space to exchange virtual assets and it profits by charging its clients fees (0.2%-0.4%) . Its dealings in accordance with the the 22nd Case of Network Management of Transactions (in Chinese 《网络交易管理办法》. According to this law,if the company wanted to provide online trading business,it should register at the administration of Industry and Commerce and get a business license.Lekuda company registered business scope only include such areas:technology development, transfer of technology, technical services, technical marketing, consulting and investment management.Trading bitcoin for profit-making purpose is beyond the range permitted by the administrative authorities . "
→ It shows OKcoin runs the business without approval
○OKcoin(it refers to okcoin.cn) is not recorded at the Telecommunications authorities of China "To the end of the trial, Lekuda failed to provide related materials recorded at the Telecommunications Authority registration .The address/domain name record information is not stamped with the seal of the Department, and it could not prove its effectiveness "
→In China,every online service provider should be registered at the Telecommunications authorities. It shows OKcoin lacks the recorded approval documents ,so it cannot provide online service in mainland China
○OKcoin failed to strictly review the real names of every user,which makes it easy for money washing by bitcoin This case is caused by a criminal utilizing the loose review of user's real names in OKcoin .The criminal first cheated a company a large sum of money(12 million RMB,or 1.8 million US dollars),then used ID cards bought online to open up an acounts at OKcoin,at last used the money to buy Bitcoins and withdrawed in Macao.
→Since the Chinese authorities prohibited any third-party payment services linking to bitcoin trading in 2014,the exchanges in China had to use the the accounts of its employee or other companies,a loose review of the real names increase the risk of money laundering,which the Chinese authorities would not like to see.They are afraid of the money flee from China.
https://www.reddit.com/r/Bitcoin/comments/4xjtcw/okcoin_fined_by_chinese_court_for_helping/Thank you, this is something to keep an eye on. It could turn very bearish if Chinese authorities would decide to shut down the mainland exchanges.
Not just bearish.... If Okcoin and even Huobi would get shut down with all the BFX shit on top this could throw back Bitcoins trust to the early Gox days.
Could be FUD as well. No source so far.
234.
Post 15921067 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.57h):
It's lovely when people try to pick bottoms in a bearish market
235.
Post 15924527 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.57h):
I can know much as you do, with my eyes looking at graph and thinking logically. (and reading facts on internet)
Right now you see shitload of FUD everywhere, fake news about bitcoin "dying slow death", new fake profiles, and bitfinex trash situation. Don't you just sense fear and uncertainty?
More facts:
- Trading bots love low price, they will buy fuck out of it once the long trends reverses
- First halving price&after
You see, bitcoin never touched that price again.
And right now, bitcoin price is lower than it was pre/post 2nd halving. And this is just because of bitfinex situation.
- Bitcoin is still developing tech.
It's good time to buy if you ask me. If you are not sure, wait 3-4 days.
you clearly have no idea about trading at all.
I mean there is not even a slight correlation with the 2012 halving and the price spike MONTHS after. All you do is interprete something into a price chart you simply wish is true.
Fact is there is no real influence to the price from the halving. No this time and not really last time. Yes it created some volatility.
Also: "Past performance is not an indicator of future results"
236.
Post 15929277 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.57h):
On advice of monkey I am short btcusd over the coming month or so.
Looking at recent trends I'm sorry to admit that your monkey friend might be right.
I would say let the summer pass and we shall see at the beginning of September what will happen.
These are regular trading cycles.
When the price pumps to new highs people miss out and try to chase the price and ultimately get in at very high levels and close their positions at lose once we have a clear top.
After the a top, regular traders start going long on the following bear cycle all the way down because they already missed out the up move. The FOMO aftermath.
and then the cycle repeats. once we made a new low. It's always the same. The majority of people will be on the wrong side of a trade most of the time.
I remember 2013 when literally everybody with no trading skills bought into Bitcoin / took long positions after we had the blow out parabolic move.. They called bottoms from 1000$-400$. When we reached 200$ people started to short the shit out the market when we were near the bottom.
History repeats since people refuse to learn from their mistakes. It was just "bad Luck". Just take a look how much liquidity stood on Bitfinex even thought there is a big threat of them getting shut down any day.
237.
Post 15963606 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.57h):
Quick! Somebody post a rocket!
Hurry!
238.
Post 15997751 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.57h):
Sitting on 580 then, be nice if we could get over 600 early next week. Seems like forever ago we were last above 600.
Do you plan to dump coins at $600? if not, why does it matter?
I don't plan to dump at 600 no. There is a funny concept of people liking their stash to be worth more though believe it or not.
From an investor perspective definitive the right thing.
As a trader you have many options entering a trade. There is no right or wrong in the end.
239.
Post 16013543 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.57h):
*Edit: Btw...
look at the Dow Jones... for the last 5 days. ... stuff is about to happen! Probably the
last "Hail Marry!" pump before the big crash.
*Edit2: Basically the calculations and the numbers say that the big crash will be starting
September 21-22 .. and it will go
7 days of trading. Reaching the 8th day on
October 3. I suggest people should stop gambling and get in to physical things like Gold, Silver,
BTCitcoin before/till then.
lol. The Stock markets especially in the USA are super bullish. There is not even a slight sign of an incoming crash.
I know a lot of people would bet all their money here on a financial collapse because they wish so. But people have been calling dooms day for decades and still nothing has happend beside the 2008 money printing and the tech bubble.
Wishing that something happens doesn't make it happen.
240.
Post 16324892 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_14.57h):
I wonder when the markets stop buying the bullshit from the FED and the rate hikes...
241.
Post 26633852 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_15.33h):
So it seems like this is the turning point where the public gets that the SegWit Coin they are all hyped and invested in, has the highest Transaction fees out there paired with the slowest transaction times on top?
242.
Post 26634318 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_15.33h):
Ok serious question u guys
in what way is Btc better than BCash ?
from what i read online
BCash does everything btc does only better
SegWit Coin has far superior censorship going on ...
I mean who on Earth with a straight face can say it's better to have 50$+ TX fees and over 250k unconfirmed transactions ?
Just to wait for Lightning Networks? Which nobody knows if it ever will work and it will create on top centralized Super Hubs which Banks are going to control because it requires a license as money transmitter...
243.
Post 26634536 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_15.33h):
Ok serious question u guys
in what way is Btc better than BCash ?
from what i read online
BCash does everything btc does only better
Blaspheme
cmon
i want an answer
much lower fees, more transactions
so how is btc better ?
I think this is a religious forum we are not allowed to ask those questions.
The public is getting it slowly... How can you say that a currency is going to be the future when you can't even use it as a currency anymore...?
244.
Post 26634739 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_15.33h):
Ok serious question u guys
in what way is Btc better than BCash ?
from what i read online
BCash does everything btc does only better
SegWit Coin has far superior censorship going on ...
I mean who on Earth with a straight face can say it's better to have 50$+ TX fees and over 250k unconfirmed transactions ?
Just to wait for Lightning Networks? Which nobody knows if it ever will work and it will create on top centralized Super Hubs which Banks are going to control because it requires a license as money transmitter...
And the trolls start their bla bla bla... Gonna have to unignore someone to make room for you. Welcome!
I don't even care... If you think you are safe in your Censorship bubble ... You might want to listen to the price movement in the upcoming weeks and months.
More and more people are getting it that Lightning Networks is the real bubble they believed in...
Maybe the price will speak louder and make people understand what is going on.
245.
Post 40908079 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_15.59h):
There are soo many Projects going on in crypto right now. I really wonder if Bitcoin will still be the main driver in crypto in the future. It's quite possible that a new coin takes over the lead for the next run.
246.
Post 41047293 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_15.59h):
bitcoin weekly chart shows bullish sign , according to me before 1st week of july we will see uptrend in market . However cant say upto which level it will lasts bcoz it is not as strong as last year bull run . back to back 3rd dip of $6k have created more panic , need to break resistance soon .
never call the end of a trend.
Rule Nr. 2 of the divine trading bible.
247.
Post 41073302 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_15.59h):
Alright look guys. This whole bcash shill thing needs to stop. It has become an automatic reaction for some of you. Kind of like how SJWs call everyone nazis.
There is a simple test for these things. If you can't say something positive about your opponents, then you are the ideologue. Let's have a group exercise this morning. Say something nice about bcashers.
Get the fuck out of here with that "nice" talk.
*cough* fag *cough*
Bitcoin headed to $1000, tons of altcoins are going to disappear up their own ass and the next set of altcoins (bitcoin included) will depend on what exchange emerge strong.
Since really every person was talking about Bitcoin during the last Bullrun, I think there is too much weight on it in order to have the crazy and relentless growth we saw the last time.
My guess: And established modern Altcoin could overtake Bitcoin easily with the next crypto bull run.
248.
Post 41092374 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_15.59h):
If you haven't seen this before it's worth a watch.
Andreas explains why Big Blocks are not going to work. (watch time: 5-6mins, Petabyte Blocks & Streaming Money)
https://youtu.be/AecPrwqjbGw?t=11m39she is talking about how big block sizes would make bitcoin centralized (because he knows how Computing technologie would develop in the next 10 years ofc.)
Even if so: LN is by design centralized.
So whats that argument even about?
249.
Post 41116718 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_15.59h):
For the current leg, and I repeat myself yet again, why was segwit better than simply doubling the blocksize? Nobody seems willing to explain that bit, for whatever reason.
Answer why doubling the block size is even needed at this point in time. With actual logic and facts to back your argument.
Because using LN requires opening channels on chain. To do this in a decentralized fashion, LN can onboard no more than several hunnert thousand peeps per day.
Several hundred thousand peeps opening/closing LN channels per day seems a bit overkill currently, don't you think?
Currently? Yes.
But I thought LN was supposed to be a scalability solution. And eliminate the benefit of bigger blocks.
hahahahahahahaha
250.
Post 41133819 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_15.59h):
So even if you have some skepticism of segwit, it might be prudent of you to support the actual (rather than hypothetical) direction of bitcoin by storing a portion of your coins on segwit, even if, you decide to follow through and store the vast majority in legacy addresses
All right, I'll bite...
What about storing some value on a segwit address is
prudent?
FUCK off. Your BTrash is a trash coin. A shitcoin. don't leave your shitcoin here. Open your own fucking thread moron.
I did not say anything about BCH. The topic is clearly segwit.
What the fuck are you talking about...
I love how all the Bitcoin-Cash hater use insulting language and have a new account with 4 posts. Pathetic.
Why don't you start your own thread and stay there
you MORON.
Go away. The stink of BTrash is with you.
I love how all the B-Cash haters only use insults with a new 4 posts old account. It's unbelivable what is going on in this community. Complete Censorship on reddit for years, Troll accounts everwhere....
251.
Post 41304583 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_16.00h):
I don't see any trend change still.
Come back when the trend is bullish, everything else is just gambling and not trading.
252.
Post 46876777 (copy this link) (by TReano) (scraped on 2020-04-04_Sat_16.09h):
BTC’s price will be: First column in 2-3 years Second column in 6-7 years
Below $1k = Less than 3% Less than 1.5%
$1k to $3k = 8% to 12% 7% to 9%
$3k to $5k = 10% to 15% 8% to 12%
$5k to $10k = 10% to 15% 8% to 12%
$10k to $19k = 15% to 18% 12% to 15%
$19k to $30k = 15% to 18% 15% to 18%
$30k to $50k = 15% to 18% 15% to 18%
$50k to $100k = 12% to 15% 15% to 18%
$100k to $500k = 5% to 10% 10% to 15%
$500k to $1mill = 2% to 4% 10% to 15%
More than $1mill = Less than 1% Less than 5%
...we cannot rule out extremely bearish or extremely bullish scenarios, even though the probabilities seem to be on a kind of upwardly skewed bell curve.
wow this is amazing. So the price is going to be between 1000$ and 1 Million $. Nice guess....
