From 12 to 8 is a 33% variation. Maybe this kind of variation will be the norm now.
Double the price from 6 to 12, fall to 8, then double again to 16, fall to around 10, then double again to 20. How much time would this take?
I dont think we can reach 100k this year anymore. For that, we would be at 20k right now.
But we can still reach 50-70k by the end of the year.
My rough guesstimate would be 67-68 days.
for what?
For people to finally learn that price predictions are pure fine grade BS.
Or to not make investment decisions based on advice from random guys on a forum.
Take your pick
around 25 march we'll be around 5K
how's that for price prediction and timing ? 19 days left.
you guys don't realize how powerful and mighty good some of us are at this game.
From 12 to 8 is a 33% variation. Maybe this kind of variation will be the norm now.
Double the price from 6 to 12, fall to 8, then double again to 16, fall to around 10, then double again to 20. How much time would this take?
I dont think we can reach 100k this year anymore. For that, we would be at 20k right now.
But we can still reach 50-70k by the end of the year.
My rough guesstimate would be 67-68 days.
for what?
For people to finally learn that price predictions are pure fine grade BS.
Or to not make investment decisions based on advice from random guys on a forum.
Take your pick
around 25 march we'll be around 5K
how's that for price prediction and timing ? 19 days left.
you guys don't realize how powerful and mighty good some of us are at this game.
its starting
From 12 to 8 is a 33% variation. Maybe this kind of variation will be the norm now.
Double the price from 6 to 12, fall to 8, then double again to 16, fall to around 10, then double again to 20. How much time would this take?
I dont think we can reach 100k this year anymore. For that, we would be at 20k right now.
But we can still reach 50-70k by the end of the year.
My rough guesstimate would be 67-68 days.
for what?
For people to finally learn that price predictions are pure fine grade BS.
Or to not make investment decisions based on advice from random guys on a forum.
Take your pick
around 25 march we'll be around 5K
how's that for price prediction and timing ? 19 days left.
you guys don't realize how powerful and mighty good some of us are at this game.
I guess everyone can see it coming now...
Sorry, I was off by a few days, I had clearly underestimated the amount of novices in the markets. It's not really reassuring for the future, as their optimistic attitude will have to be balance by as much desperation.
So yeah long term, we are going under 5K
apollo says we go to 8000 8100 then break 6K for a bottom around 4500-4700
first part done, now its shorting party before the mega rektage
chart patterns can be found and matched to anything. it's just a matter of the correct zoom and time frame.
all this comparisons and chart predictions reminds me of this movie:
A merit for the first one who guesses the correct movie title.
Pi
https://www.imdb.com/title/tt0138704/?ref_=nv_sr_5chart patterns can be found and matched to anything. it's just a matter of the correct zoom and time frame.
all this comparisons and chart predictions reminds me of this movie:
A merit for the first one who guesses the correct movie title.
Pi
https://www.imdb.com/title/tt0138704/?ref_=nv_sr_5that was fast
it's one of my favourite movies, I really recommend watching this low budget ($70,000) movie.
one of my favorite movie too
too few people know about it !
My friend was talking about 4-4.3K ..... the real fear for Some hodlers that think they are real hodlers must be tested .... i was feeling to punch Him square in the face
I do not mind Going there but its my private BTC guru and from Him i only wanna hear BULLISH over BULLISH things
Its good his long term vision (big picture thing is extremely BULLISH) but the man got a very good price feeling or whatsoever “he didn’t believe we are taking of yet - let Him be wrong
”
I'm with your guru on this one. We need a little real capitulation. I'm afraid this is only foreplay.
+1 and all the hedge funds who unloaded during the bubble and made a killing trading shitcoins haven't rebought yet, they are the one who pushed the masses to buy the top, and their coins are in the hands of retails investors now, bitcoin need a purge so strong hands get their coins back
a hodler is a real hodler only when he's a hodler among real hodlers and right now real hodlers aren't hodling
Classic bitcoin right now, always worst case scenario happening, its like the coin is thinking, How can I know who truly loves me? How can I know who's only with me for money? so right now scenario is faking a bottom close to 6k to trap most of the speculators before this support becomes a huge resistance and we find bottom way down from here
Bitcoin is very jealous, he only wants the best and strongest and most loyal holders; bitcoin wants someone that truly understand him; bitcoin is testing your loyalty every time; if you like bitcoin you stay with him for life and you love him whatever he does even if he plunges!
BE LOYAL
BE LOVING
BE HERE FOR HIM
Don't worry boys, the Bitcoin market will continue to stay down all this year, but will begin to rise again mid next year along with the whole U.S. stock market.
Just like 2014 was, going into 2015.
You see, it's all engineered and managed markets now. It's all fake and completely managed.
They just need Average Joe to
think it's real.
The game: 2-3 years of raging bull, followed by 1-1.5 years of bear.
This is exactly the way the U.S. stock market played out in 2011-2013. Then again in 2015-2017.
In a long term melt-up, this is the new new. Get used to it.
Not likely.
More likely: 1-3 years no crossing of $20k while essential infrastructure is being build.
HODL will get new meaning.
I wasn't suggesting it would be any different than that. Yes it will probably take another 1.5-2 years to cross back above $20k. If it took a full 3 then yeah I would be a little surprised.
im with you guys, gonna be fun when this Yale Fund is 50% under water in the next few months
We'll see then if they have enough understanding of bitcoin to be true holders.
Oh and its a crypto fund, they gonna be literally rekt when their ETH plummets under 100$
OT : Jim Cramer slipping up and showing his hand again, showing us the underlying corruption that is Wall Street:
https://www.cnbc.com/2018/10/04/cramer-reveals-the-10-telltale-signs-that-could-prolong-the-sell-off.html"There's a very common trajectory when the market's going down. First, the analysts will try to keep recommending stocks and they're going to be completely ignored," the "Mad Money" host said.
"When they raise their price targets or even upgrade from 'hold' to 'buy' and no one listens, they're going to switch directions and they're going to start downgrading," he continued. "When those downgrades stop sending stocks lower, then you'll know a bottom is at hand. But we're not there yet."
Oh, so what you're saying Jim is that the analysts upgrade from 'hold' to 'buy' merely to get Average Joes to be the final bagholders on the way down? (Not because the stock is actually undervalued?)
And when that corrupt tactic doesn't work, then they reverse to 'sell' to cover their asses (and start shorting)?
Un-fucking-believable.
Can't believe that he can even say this with a straight face.
Wallstreet and MSM works hand in hand, ETH was hugely bought by hedge fund guys in order to increase their BTC stash since they had missed the opportunity to buy it in the early days. It's actually the sole reason of existence of ETH. It only exists because the funders and the backers didnt have as much BTC as they wish they had.
So what do you do when you have 10s of millions of USD invested in eth at 1$ ish? You have to hype it a lot in order to create demand and unload your supply. I really think the whole purpose of newspaper these days is that : create demand.
Now you've unload your stash at the top of the bubble, and you want to load up again for next cycle? You need to create offer so the persons you sold to give up and sell
Thats the whole game.
Prepare yourself in the next few months for new articles about the death of bitcoin and know these are paid articles sponsored by whales so they can create offer and load up!
EDIT: and thats also the reason why we havent seen bottom yet. All these analysts and billionaire investors are still pretending to be bullish to lure the public away. They want them to buy the 6K zone now. This zone is gonna be a huge resistance in the coming years.
EDIT2: BCH right now is in a funny situation. Most of the supply is owned by Bitmain and its partners. They tried to pull a similar game than ETH. But they got rekt because bear market. They control bitcoin.com so it can help them eventually to unload to noobs, but they have to survive the coming years first, hence their IPO
Looks like the scammers at Bitmain are trying to rig the market above their cost of production now. This is how you get the long, drawn out bear markets. They'll do this for months until finally giving up and then it just slowly grinds lower with various miners going bankrupt just like last time. Now the market is entirely just random slobs trying to profit off forecasting when and where Bitmain will attempt to rig it to. If you attempt to trade it, you have to figure out if Bitmain actually wants the price to go up, or if they're trying to keep it lower to bleed out competitors first.
r0ach, are you currently invested in bitcoin or do you plan to in the future?
Genuine question, just curious. You don’t have to answer but I’m sure that it’s not just me wondering.
he'll buy back once price has been flat and boring for a while like all smart money. i'm sure he'll come tell us that once that happens. he did say it in 2015.
i'm betting market will turn bullish end 2019, until then unfortunately its what he says... you're jut buying a falling knife hoping the entity controlling the price turns the engine back up.
only way to make money in this market is to treat it as a scam market. its a sad state of affairs, but it is as it is.
@roach, whats your bet on GS next move on crypto? do you think they exit? do they pump ETH again? I'm betting on ZCASH for the biggest gains if we ever have a bull run again. Its barely touched, not many people that can dump on them, entirely controlled, completely scammy but with good and clean marketing image. Seems like a perfect tool to me.