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BTC HAS NOT FOUND A BOTTOM YET. BULLFAGS ARE FUCKING RETARDS IN DENIAL AND YOU ARE A HOMO.
op is based and knows his shit.
>>12916295Close your short we bull now
>>12916295>>12916301the more this gets posted, the less likely it is to actually happenyou know this, right?
im willing to bet anyone 1 btc that price will go below 3k
TODAY WE ARE GOING TO BE TALKING ABOUT-WHAT A MARKET BOTTOM ACTUALLY LOOKS LIKE-WHY WE ARE NOT THERE YET-WHY YOU ARE RETARDEDPIC RELATED IS WHAT ACCUMULATION ACTUALLY LOOKS LIKE, USING THE FIRST 2 BTC CYCLES AS AN EXAMPLE COMPARED TO TEXTBOOK ACCUMULATION SCHEMATICSBULLFAGS WILL TRY AND FIGHT ME. THEY ARE HOMOS IN DENIAL.
>>12916295Thanks will save this. I will graduate find a job that will help me accumulate.
>>12916334Ok how the fuck is this real? How do their old blueprints predict exactly what is going to happen
Based caps lock op. Teach me master.
>>12916295Stop bullying me
>>12916361THERE ARE 2 GUARANTEES IN LIFE1. DEATH2. PEOPLE WILL DO THE SAME SHIT OVER AND OVER AGAINAGAIN THIS IS HERD MENTALITY AT ITS FINEST. MARKETS ARE NO DIFFERENT. >B-B-B-BUT YOU CANT COMPARE STOCKS/COMMODITIES/FOREX/CRYPTO BECAUSE THEYRE DIFFERENT ASSETS HURRRRRRWRONG.EVERY MARKET HAS ONE THING IN COMMON - THE PEOPLE TRADING IT. PEOPLE TRADE BASED ON THE SAME FEAR AND GREED EMOTIONS THAT ARE DEEPLY INGRAINED IN THEM FROM MILLIONS OF YEARS OF EVOLUTION.
>>12916295When do I buy
>>12916318Close your bull we short now
REMINDER: there is manipulation trying to suppress the price:https://imgur.com/a/1brs3zg
>>12916334How else can you tell that we haven't hit the bottom yet besides current chart not fitting into a schematic thing like this
>>12916318retard. CRASH IT I SAID
>>12916295OP IS 100% BASED AND NOT A FAGGOT
>>12916295>>12916334>>12916448
>>12916295Never thought I’d see a “Tulip-esque” bubble form like BTC so short into my life. Basic common sense would show that all trading value of bitcoin was socially inflated and ran on the fumes of the zealously hopeful. Cut your losses and invest in penny stocks if you really believe in your own predictions
SUB $1000 BY APRIL
>>12916468REMEMBER NEWS AND PRICE RUN TOGETHER FAGGOT.IN A BULL MARKET MORE GOOD NEWS COMES OUT AND BAD NEWS IS SWEPT UNDER THE RUG OR DISREGARDED COMPLETELY. THE INVERSE GOES FOR BEAR MARKETS.WHEN A TREND REVERSAL HAPPENS IN PRICE, WHETHER IT BE DUE TO A NEWS CATALYST OR PURE PRICE ACTION ALONE, THE PRICE AND NEWS START TO FEED EACH OTHER. IN FACT A LOT OF TIMES YOU WILL NOTICE PRICE MOVE FIRST, AND THEN NEWS COME OUT AFTER THE FACT TO TRY AND JUSTIFY THE MOVE.PRICE AND NEWS FEEDING EACH OTHER CREATES MOMENTUM. MOMENTUM CREATES TRENDS.THE TREND IS YOUR FRIEND.
>>12916468but...what can we do about it? they basicallly want to control bitcoin and the whole crypto space why shorting it and making the average joe hate it.What can we possibly do about it? legit question cause I'm feeling powerless rn.I'm guessing all we can do is having strength in numbers, the more people buy the less they can control. But apart from that what else can we do?
>>12916318>Close your short we bull nowAre you trying to set a high score on how much money you can lose?
>>12916295BTC HAS NO BOTTOM AT ALL ITS GOING TO 0. CRYTOFAGS ARE FUCKING RETARDS IN DENIAL WISHING IT WAS 2017.
Just tell me when to buy this shit
>>12916361"Meme lines" as people call them describe human emotion. The micro trends and macro cycles driven by greed and fear are the exact same no matter what asset, currency or bubble you're trading. Right now we're in the "found-a-comfortable-temporary-bottom-from-where-we-can-test-going-back-up" phase. Next phase is: "Why-is-no-new-money-coming-into-the-market?-Might-as-well-sell-now-and-buy-cheaper-later." if you understand game theory you'll see why this phase brings the bottom. My advice : Buy Bitcoin and hold until $67.000. Buy Ethereum and hold until $14.400. Buy Skycoin and hold until $9.800. Buy Link and hold until $695.
>>12916536Paperless currency is an attractive prospect, what can we do about the government(s) using farms of super computers to mine? Not much.
>>12916472The reason why bitcoin will dump lower it's simple:>Moonboys who lost money already ran out of capital to invest.>Oldfags accumulating know it can go lower so they will keep laddering down their buys regardless. >No new money. It's all the same people and bots trading back and forth.
>>12916580This
>>12916533Epic post
>>12916580Why is link the lowest number, desu? Why no bat? Genuinely want to know your opinion, based anon.
caps lock anon has the best meme lines
>>12916448This is why the fear & greed index is such a useful tool
>>12916295Bottom at 3k or 2k, who cares at this point?
>>12916655That's the difference between $2000 getting you either 1 BTC or 0.66 BTC. That's a big fucking difference.
>>12916295Jokes on you I bought the 200wk and I'll just keep buying if it moves lower. I win either way
>>12916680>misses the bottom>moons to +150k$does it really matter?
>>12916690If it goes to 150k that means the $1000 difference that "wasn't a big deal" before is now a $50,000 discrepancy. And that's if you only bought 1 BTC.
BTC IS FOR GRAMPAS JUSY BUY LINK
>>12916626Because the singularity comes later:>Wave 1= Btc bull run>Wave 3= Singularity>Wave 5= Xth industrial revolutionI don't know much about bat desu>>12916680The bottom is not usually caught by regular traders. It comes with a steep decline and a fast sprint back up. Anything between $1900 and $3900 is nice considering how high we will go.
>>12916295YOU ARE A QUEERDO
>>12916771so you're saying that in most cycles bottoms come in the form of flash crashes and don't stay that absolute low for long? Really makes me think, desu. Thanks for the advice.
>>12916690you might be retarded, anon.
>>12916771Don't trust elliot wave fagsThe guy who invented this method died broke and gay
>>12916295by all accounts on these charts, bitcoin will then come right back up eventually so youre a faggot
Kek when you recognize based /biz/ poster and love his threads
>>12916295FidelityBakktStarbucksNASDAQLightning network maturingHalvening 2020But sure, ignore all fundamentals and trust in your TeA leaves. Being short now is as smart as being long Dec 2017.
>>12916836>Fundamentals
>>12916723You're correct but this is why you DCA on the way down instead of trying to guess the bottom.
>>12916820No shit idiot that's the point of trying to estimate the bottom
>>12916295>the absolute state of /biz/When will /biz/ ever learn crypto will never work?
>>12916334how is this possible
THIS SHIT IS GOING TO GO DOWN FOREVER ISNT IT
>>12916905Yes, into the negatives. You actually owe money to the exchanges for holding your crypto in their wallets.
>>12916533That seems about right
>>12916295What does this mean for my linkies
>>12916295https://www.youtube.com/watch?v=utCaHjSlED0
>>12917041ebic
Did the coinbase FUD contribute to it going down today?
>>12917059It's still relevant you salty cryptofag
>>12917066i know i think its funny
>>12917064>IN FACT A LOT OF TIMES YOU WILL NOTICE PRICE MOVE FIRST, AND THEN NEWS COME OUT AFTER THE FACT TO TRY AND JUSTIFY THE MOVE.
>>12916536People need to take/hold more of the supply off the market and create a floor that the manipulators can't exert downwards selling pressure into.What i've noticed however is that they're not only manipulating with derivatives but also playing the typical psychological games through the mass media
>>12917093Yeah I've noticed that too people look for reasons as to why the price went up or down afterwards
>>12916295You posted a gold chart in the last thread saying it's going to go down? When is a good time to buy
>>12916295how do i print your threads and frame them most efficiently
>>12916472There has been no new money entering the crypto space for 3 months in a row it seems.Look atthe volume on the monthly chart. Its almost exactly the same volume.
>>12916690>does it really matter?Nope, You still ended up getting massive profits anyway.
>>12916788>so you're saying that in most cycles bottoms come in the form of flash crashes and don't stay that absolute low for long? Really makes me think, desu. Thanks for the advice.Its been true for BTC for years and years now.
>>12918296recycled Tether
>>12916533Until the bend at the end.The end isnt far away
Down with the bitcorn
>>12916295So you expect others such as ETH or LINK follow trends?
>>12919766* similar trends?
>>12916295This has to be the best based financial advice yet.
>>12916690>doesn't use basic math to make way more money
>>12919792Every once in a while there is a gem in /biz/.
>if I type in all caps and throw in some Reddit tier insults it means I'm rightYou probably are right op but you talk like a faggot
>>12916295Try to time the absolute bottom and get fucked. Play with 10% if you want to do that but have the rest allocated. Time is running out
>>12916836>muh Fundamentals.Doesn't realize the markets are runned by algos and professional traders.Price First then ''NEWS'' to justify to price movements.
>>12916295Try and time the exact bottom, miss it and watch BTC go to $100k before killing yourself.Buy and miss the bottom by 30 - 50%, BTC goes to $100k with you on the rocket.The risk/reward of NOT buying now doesn't seem remotely worth it for an extra 30 - 50%.
>>12921148You fucking idiots. When the bear market ends we go fucking sideways for a year. All of you fucking morons who keep making it sound like we go instantly from bear market to bull market are delusional as fuck.ITS NOT GOING TO SUDDENLY ROCKET TO 100K!!
>>12916836>nowExactly rolight...biz retards kill me....bitcoin will moon so hard...ignore price look at events and news...these fags saying it will go to zero a re the same retarrds who were buying at ATH in December....NEVER listen to biz.....bitcoin is here to stay...just a normal dip...zoom out on the charts u simpletons.
>>12921472It isn't guaranteed to go sideways.Even most bears seem to be long term bullish.When it starts taking off they'll be FOMO like never before and alot of greedy fucks crying because they wanted a 30% discount.
>>12921533>bitcoin will moon so hardYes but only after 8 months of sideways when most of you dumb fucks gave up because you lost everything.
>>12921567>It isn't guaranteed to go sideways.Its 100% fucking going to be going sideways for a decent amount of time. It always has and it absolutely will again. Its going to do the same shit it always does and has done over and over again. There is ZERO fucking way we will see any kind of action where things suddenly explode and everyone not buy right before an obvious 30-50% drop will suddenly regret not being all in right now.Even in the case that it does explode to 100k. At that point you can buy in at 6-7k and still make millions. What difference does it fucking make?
>>12921635>Even in the case that it does explode to 100k. At that point you can buy in at 6-7k and still make millions. What difference does it fucking make?You won't buy because you'll be 100% sure it's just a dead cat bounce before the real capitulation.
>>12921669>You won't buy because you'll be 100% sure it's just a dead cat bounce before the real capitulation.6k is historic. Its the most resistance ever in the history of Bitcoin. If it even begins to reach that level we full fucking bull. But that wont be happening because we got a long fucking sideways phase waiting to get started.
>>12921700You'll buy when it passes $6k then it will drop back to $3k.
>>12921669Also lets start with Bitcoin making ONE FUCKING HIGHER HIGH. LIKE ONE would be nice. its bin what 15 fucking months and still has yet to post a single fucking higher high?WHAT THE FUCK ARE YOU TALKING ABOUT WITH THIS 100k SHIT!! ALl I need to see is even a whick that indicates that it went higher than the last top to begin thinking shit might be turning around. 15 fucking months and not one fucking example of one higher high.
>>12921712>You'll buy when it passes $6k then it will drop back to $3k.But at that point it made a higher high. Long term we confirmed that it can reach 6k again. Also who buys in with their entire stack? You DCA that shit.
>>12921567LISTEN UP FAGGOT.GOING SIDEWAYS IS A REQUIREMENT. ITS CALLED ACCUMULATION. THIS IS WHERE ALL POTENTIAL SUPPLY GETS SLOWLY EATEN BY THE BUYERS. IT TAKES A LONG TIME TO HAPPEN, BUT ONCE ALL SELLERS ARE EXHAUSTED, THE ACCUMULATION POINT BECOMES THE NEW FLOOR.STOP ACTING LIKE ITS GOING TO ROCKET THROUGH THE ENTIRETY OF THE SUPPLY YOU DUMB KEK NIGGER FAGGOT.
Literally the first thing Bitcoin did when the bear market ended after a massive capitulation was post a higher high in 2015. After that it was sideways forever.. Like literally zero price action.. Volatility took a massive shit. And then there was ANOTHER MASSIVE DUMP to end sideways. And that shit happened fast. Shit was really fucking dead after that point for awhile.
>>12921472Most of the people trying to time the bottom are doing it out of greed. They will keep waiting for a "second test" of the low before entering after it's already risen by a few hundred percent. It happens every time.
>>12919892>>12921472Look at the pic I quoted. How much time you think we've got to go sideways?
ALRIGHT YOU FUCKING FUCKSTODAY WE WILL BE LEARNING ABOUT VOLUME AND HOW IT RELATES TO SUPPORT/ RESISTANCE BREAKS. THIS CAN BE USED TO FIND OUT WHERE YOU ARE IN RELATION TO THE CURRENT CYCLE.WE WILL ALSO BE DISCUSSING HOW THIS GUY >>12921567 IS A RETARDED TESTICLE FONDLING HOMO
>>12922131We'll see.I hope you get your 30% discount.
>>12922131I like how you compare daily to weekly candles at different zoom levels to make it look like they match.
>>12922172EACH CYCLE IS PROGRESSIVELY LONGER YOU FUCKING DUMBASS. JESUS. KEEP UP WILL YA
>>12922172Are you saying that they are not similar?
>>12922167I'll get a 30% discount from your mom after I make tons of money from buying in cheaper than you
>>12922235or you'll fomo in at $7k.
FAGGOT.
>>12922172as if the volume would change on a different time frame. cope.
>>12922264It's literally comparing a huge daily spike back when the Bitcoin market was tiny and illiquid to a week load of volume today.
There's literally no point in buying right now. We will know very soon whether 3k is or is not the bottom. And even if it is, you'll STILL have a chance to buy in during the prolonged period is sideways action.
So the peak of the next bull will be Q4 of 2021?
>>12922299Jesus, that's like...forever...
>>12922301A little more than 2 years to make potentially huge profits is nothing. It can also mean more accumulation time.
>>12922293HOLY FUCK HOW GOD DAMN STUPID ARE YOUKEEP UP WITH THE FUCKING CLASS OR I WILL SMACK U WITH A RULER
>>12916295desperate tethermarine lmao
bottom 2k when
>>12921635sudden skyrocket to 100k confirmed
>>12922293KEEP UP WITH THE CLASS FAGGOT DONT MAKE ME SMACK U WITH THE RULER
>>12922429kek
>>12922429You're comparing a few million USD weekly volume with BILLIONS in weekly volume.One whale could have painted that daily volume spike back then.
Then, out of nowhere an ETF gets approved all you kikes wanting to buy in the 2k ranges get fucked in the ass.Oh I so wanna see this happening!
>>12922429So April of 2019 to April of 2020 is accumulation time?
>>12921472THE BOTTOM WAS IN DECEMBER SIDEWAYS UNTIL EOY HALVING IN 2020 GET IN NOW OR STAY POOR
>>12922469LOL forget about the ETF
>>12922429Lmao
so what you're saying is I should 100 btc right now? Also how does mt. gox play into all this?
>>12922456It's still relative to the size of the market at the time. You're splitting hairs.
>>12922456>Few million USDNow you're just straight up lying. Or stupid. Or both. Probably both.
>>12922469
>>12922469>MUH ETF APPROVAL THIS IS THE SAME EXACT NARRATIVE THAT PEOPLE USED DURING THE LAST BEAR MARKET TOO. THE WINKLEVOSS TWINS HAD ONE AND EVERYONE WAS SO FUCKING SURE THAT IT WOULD GET APPROVED. WELL GUESS WHAT FAGGOT? IT GOT DENIED. THE GOVERNMENT WILL TAKE ITS SWEET ASS TIME WITH THIS.AND REMEMBER, PRICE AND NEWS RUN TOGETHER. AN ETF WONT GET APPROVED IN THE MIDDLE OF A BEAR MARKET. THATS NOT HOW LIFE WORKS. IT HAPPENS IN A BULL MARKET WHEN THE SENTIMENT SURROUNDING BTC IS POSITIVE, NOT MONTHS AFTER AN ENTIRE SLEW OF CHINK ICOS EXIT SCAMMED PEOPLE OUT OF MILLIONS AND SERGEY SPENT HIS ICO MONEY ON BIG MACS W/ NO LETTUCE
>>12923090I can't believe that there are people out there still clinging to the hope of baakt and etf
Wen baakt
You didn't answer my question about the gold thing
>>12922167Again, for fucking fucks sake, even if this is the bottom we have 8 months to buy back in. You dumb fucks cant fucking understand WHAT SIDEWAYS FUCKING MEANS.
>>12922203There were 2 peaks in 2013 you stupid fuck
>>12922423>sudden skyrocket to 100k confirmedAwesome, looks like all of us a rich regardless of what any of us fucking do then. Congrats, its not even a zero sum game. Its Berny Sanders Socialism! Come one come all to the brilliant experience where choices are a total fucking joke and you can wait to 10k and still make a fucking shitload of money!
>>12923090YOU ARE A STUPID KIKE
>>12923646>YOU ARE A STUPID KIKEOh the ultimate argument emerges. Obviously the OP is a jew now. GOTEM!!
Mmmmm ok.There are 3 big market makers: -london pool-china whale-bitfinexThen you have hayes making the weekly quota on fast pumpdumps liqs, bitfinex only plays the bigger picture, 4h chart, against their own customers (pretty much what hayes but he dont even care to hide shit) and london and china play daytrading, they just move it on the opposite direction of what the other did. The game its pretty simple, search where the biggest pool of biffinex users get liq and play around it, but you guys dont even know the play you are at, right?
>>12923579OK HERES YOUR GOLD ANSWER FAGGOTBTC AND GOLD ARE ALMOST IDENTICAL BECAUSE THEY HAVE THE SAME "FUNDAMENTALS" (NOTHING)
>>12924357THEY BOTH RUN ON THE SAME REPEATING IRRATIONAL EXUBERANCE CYCLES
>>12924357BUY GOLD NOW IF YOU WANT TO BE WALKING AROUND HOMELESS WITH A KNAPSACK FULL OF CHUNKS LOSING VALUE TO INFLATION YEAR AFTER YEAR AS I FLY BY YOU IN MY FUCKING FLYING CAR SPACESHIP BITCH
>>12924357>>12924367>>12924383I take it you don't own any gold
>>12924357Interesting
>>12924367>>12924357CME, is that you?
>>12924383Have fun in your flying spaceship car, khazar faggot
>>12916859it already does work though?
>>12924367>>12924383Thank you for saying this. I bought into the PM meme in 2011 and put about 30k into gold and silver. I drank the kool-aid hard and ended up losing 15k before I finally walked away and sold everything. That was a tough lesson but I'm glad I learned it young. I see a lot of the same attitude in bitcoin kids today. Its going to be ugly.
>>12924383You have some skill. But I think you could be wrong on Gold since it is increasingly uncertain what fractal dimension we are in. Could be just part of a much larger inflation and fiat-weakness driven fractal.Same applies to silver.OVERALL I like the BTC analysis very much and it reflects my thoughts too.t. Someone who made 3x with silver in 2011 and 110x with crypto buying in 2015.
>>12924662I think he's wrong about Gold too, but Silver looks 100% like it's about to capitulate based on OPs bubble charts. I think he is wrong about Gold because the parabolic advance isn't there like it is in BTC and Silver.
>>12924685GOLD AND SILVER RUN TOGETHER>>12924662IM USING PRICE ACTION AND SENTIMENT TO COME TO THE CONCLUSION THAT THE PEAK IS OVER. I COULD BE WRONG, BUT IT SEEMS TO ME LIKE GOLD MANIA HAPPENED ALREADY.
sageman?
>>12924788op i have 125k in my bank. when the fuck should i go all in on btc?
>>12924788If ya wanna talk about bubbles, why not talk about interest rate swaps?
>>12922472in January some people said March
>>12924383OP’s a faggot, a try hard faggot.BTC’s a ray, a drop of golden sun.
>>12924837stay poor retard LOL
>>12924837(OP) = based(You) = gay
>>12924814January 2020
>>12925007ur not op tho
>>12925007Am I the only one that is starting to feel excited? I am sitting here thinking about the prospects of buying more BTC at ~$2k sometime between now and 2020 and forgetting about it until Autumn 2023. Unreal that we have another opportunity like this and that most of the people shitting up this board still won't make it.
Let's reduce the number of nasty remarks. Be nice to one another or people will start getting time outs. Do you want to be treated like children at daycare????
>>12924814WHEN ITS IN THE ACCUMULATION ZONE>>12925049IT IS DEFINITELY EXCITING WHEN YOU ARE PREPARED FOR WHATS TO COME. OTHERWISE YOU ARE JUST A VICTIM OF THE MARKET LIKE 99% OF PEOPLE. ITS FUCKING EXHILARATING. IM JACKED TO THE FUCKING TITS.>>12925056YOU HAVE TO GO BACK FAGBOI
>>12925237OP am I stupid to keep all my shit in undervalued but less bleeding shit like OPQ and NANO all the way until the next peak and pull out halfway?Most altcoins just increase in value at near equivalent rates at BTC when it goes up because it drives the market and exchange rates, but the lower market cap alts are more likely to exponentially blow up, especially if devs save their shit to release once accumulation has ended.I could be looking at a 5 year long of a 2x-5x ROI buying in the Accumulation and riding BTC up the next peak, but I could get similar 2-5x and possibly even 20x because of the relative market cap in those cheaper alts like what happened with Stellar Lumens in 2017.Is this idea retarded or is it a viable high risk high reward way to approach the next run after accumulation?
>>12925309OK SO FIRST OF ALL BUYING BTC IN THE ACCUMULATION ZONE IS MORE LIKE 50x.HERES THE DEAL WITH ALTS. THEY ARE RISKY AS FUCK. LOOK AT HISTORY. PIC RELATED SHOWS WHAT HAPPENED TO THE LAST CYCLES ALTS. SPOILER ALERT: THEY ALL FUCKING DIED EXCEPT FOR LTC AND XRP.LAST CYCLES ALTS WERE ALL WORTHLESS BTC CLONES.THIS TIME ITS ALL WORTHLESS ETH CLONES.HISTORY REPEATS. I ALSO TALKED ABOUT THE NASDAQ TECH BUBBLE IN THE LAST THREAD. ALL THOSE TECH COMPANIES THAT WERE GOING TO CHANGE THE WORLD THAT PEOPLE PUT A SHIT LOAD OF MONEY INTO ALMOST ALL DIED.THE ALTS THAT YOU NAMED, OPQ (IDK WHAT THE FUCK THIS IS) AND NANO ARE ALMOST DEFINITELY GOING TO ZERO. ALTS ARE MEANT TO BE TRADED SHORT TERM (AFTER BTC MAKES A BIG MOVE) AND NEVER HELD.YOUR RISK REWARD WITH HOLDING THOSE SHITCOINS IS OUT OF WHACK. DUMP THEM.
ultra based op. 2 questions.where is the bottom?where is the next cycles top?god bless u ultra based op.
>>12925395THERE WERE LIKE A THOUSAND SHITCOINS THAT ALL DIED LAST TIME. THIS ONE WILL BE NO DIFFERENT
>>12925412also opinion on link?
it doesnt matter i dont go into fiat at the price i boughtif it drops im buying moreif it goes up 50% im going 50% into fiatfor now i guess im just cycling eth and stinkies
>>12925395>YOUR RISK REWARD WITH HOLDING THOSE SHITCOINS IS OUT OF WHACK. DUMP THEM.I agree with everything you say, except this. Alts did not get wiped out last time - I was there for that. They suffered a big hit, yes, but not a complete wipeout. Theres no point in selling alts now - many have bottomed, BTC dominance remains at a steady 50-55. So no, theres no point in dumping alts. The crypto market is a little different from other markets. Remember that altcoins build communities and fervent supporters. They also can run on shoestring budgets and require little to no capital to maintain. Its not that easy to just wipe out alts.
>>12925406THE ACCUMULATION ZONE WILL BE 2k-3k BTC. NO NEED TO FOMO, YOU WILL HAVE PLENTY OF TIME TO BUY IN.THE TOP ON THE OTHER HAND IS IMPOSSIBLE TO SAY RIGHT NOW THOUGH I WOULD ESTIMATE SOMEWHERE AROUND 160K. THIS IS MORE OF A PLAY IT BY EAR THING, BECAUSE WHEN ITS GOING PARABOLIC THERE IS NO RESISTANCE TO JUDGE WHERE IT WILL TOP OUT SO YOU CAN DO A COMBINATION OF THINGS TO GET A BETTER FEEL FOR WHEN THINGS ARE TOPPING OUT.WHEN ITS GOING PARABOLIC THERE WILL BE NO CONSOLIDATION FOR WEEKS ON END AND EVERYBODY IS BULLISH. IF EVERYONE IS BULLISH, ITS BECAUSE EVERYONE ALREADY OWNS BTC. THEREFORE THERE IS NOBODY LEFT TO BUY. ALTERNATIVELY, YOU CAN WAIT FOR THE BULL TRAP AND SELL NEAR THE HIGH WITHOUT WORRYING ABOUT MISSING THE TOP.
>>12925444FAIR ENOUGH.JUST KNOW THAT THE ODDS ARE HIGHLY STACKED AGAINST ALTS IN EVERY WAY. EVEN A LOT OF THE BIG GAINERS DIDNT GAIN MUCH IN SATS RELATIVE TO WHAT YOU COULD HAVE MADE JUST HOLDING BTC THE ENTIRE TIME.
>>12925479Ok I’ll gladly take this advice. I appreciate you, now I just need to save up some money to throw at bitcoin when the time is right. Hopefully the accumulation stage last a while. This is my one chance, I won’t miss it this time. I fucked up last time.... not today.
>>12925493Any other suggestions btw? About to go to bed.
>>12925493Based OP. When you estimate the next bullrun? We're looking at 2021-2022?
>>12925479and what happens after that 160k cycle? will it be the last cycle? dump to 30k and then moon to +1m$ in 2028? if it was the last cycle, how are we so sure the previous one wasnt the final one?btc cant go up forever beloved
>>1292539550x seems a little loafty when the ROIs on every cycle have been getting smaller relative to the last peak, but I pick up what you're putting down. I know Alts come with an inherit risk and are harder to cash out if you wait until the peak, but i'm prospecting those 2 in particular because they have working products and roadmaps to last at least long enough to get past the accumulation where insolvency won't be an issue as the BTC pump will raise all alts. I don't see them as "HOLY FUCK THIS IS THE FUTURE FLIPPENING 2.0" just as hedges to hold right now that have stayed relatively sideways to BTC rather than falling and with their working product and releases going into that accumulation sweetspot, they could potentially 10x whatever the 10x of the BTC pump because of their lower market caps. If that doesn't sound viable, would you hedge in BTC only for the time being while we bleed to bottom or possibly any other alt that seems like it'll bleed less before loading up in once we hit accumulation?And last question, do you think this next pump will be long like the last one or more breakneck like the 2013 one?
>>12925537also based op, are you aware of this ultra bear? he been spot on every single time so far. he predicts triple digit btc and that it was the final cycle. he also has a bet with murad going on. please read some of his tweets and report back on what you think m8https://mobile.twitter.com/jcho710
>>12925395Do you have a reason as to why LTC and XRP withstood the alt cycle slaughters?
>ITT a bunch of desperate anons listening to some self proclaimed crypto "guru".Just admit that no one besides those with serious insider knowledge knows wtf is going on. We could either go to zero or moon any fucking second, no matter what OP's astrology shows.
>>12925493What about monero
>>12925493And do you also think there will be eth clones that survive? Like how LTC and XRP survived the bitcoin clone wave?
>>12925430OK I REALLY DIDNT WANT TO GET INTO THIS BUT HERE IT GOES-IN ORDER FOR LINK TO BE SUCCESSFUL TO EVEN A FRACTION OF WHAT'S EXPECTED HERE, THE FOLLOWING THINGS NEED TO HAPPEN- ETH NEEDS TO SURVIVE AS A PRIME SMART CONTRACT PLATORM AND REACH A SCALING SOLUTION (AND DON'T GIMME THE BLOCKCHAIN AGNOSTIC SHIT, THE TOKEN IS ON THE FUCKING ETH NETWORK)- LINK ITSELF (WHICH IS STILL THEORETICAL) NEEDS TO FUNCTION AND PERFORM AS ADVERTISED. NOTE THE CODE ISN'T EVEN CLOSE TO BEING FINISHED (DON'T ARGUE) AND THERE IS NO USER INTERFACE FOR CREATING SMART CONTRACTS.- SMART CONTRACTS THEMSELVES NEED TO BE ADOPTED. I WON'T EVEN GET INTO WHY THIS IS DIFFICULT. THERE'S NO RECOURSE FOR FUCKED UP INPUTS/OUTPUTS OR BAD CODE. IF A PROBLEM HAPPENS BETWEEN MULTIPLE COMPANIES WITH A DECENTRALIZED SMART CONTRACT, WHAT DO THEY DO? THEY TAKE THE ISSUE INTO A CENTRALIZED COURT. SO WHEN SERGEY ASKS "ARE WE GETTING RID OF LAWYERS," THE ANSWER IS NO.- API MARKET NEEDS TO DRASTICALLY IMPROVE. THE DATA AVAILABLE FOR THE KIND OF SMART CONTRACTS THAT CHAINLINK IS TARGETING IS CURRENTLY REALLY SPARSE AND THE SHIT IS VERY EXPENSIVE. EACH CALL COSTS A LOT OF MONEY OR YOU PAY HEFTY SUBSCRIPTION FEES.- SMART CONTRACT AUDITING SERVICES NEED TO BE WIDELY AVAILABLE AND RELIABLE- CHAINLINK NEEDS TO ACTUALLY IMPLEMENT FIAT INPUTS AND OUTPUTS (NOT JUST A CUTE LITTLE SLIDESHOW AT SIBOS). NO COMPANY WORTH THEIR SALT WILL EVER BE PUTTING THEIR ESCROW INTO SHITCOINS
>>12925599AND EVEN IF ALL OF THESE THINGS COME TOGETHER, REMEMBER AT THE END OF THE DAY WHAT LINK IS REALLY DOING. ITS TAKING DATA FROM A CENTRALIZED POINT AND THEN DECENTRALIZING IT.>HE THINKS TAKING DATA FROM A CENTRALIZED API POINT AND DECENTRALIZING IT MAKES SENSE>B-BUT IT'S ABOUT THE SAFETY OF DELIVERING THE DATA TO THE CONTRACT AND NOT THE POINT OF RETRIEVAL ITSELF HURRRRRRRRRROH AND THEY NEED TO OUTPERFORM ANY OTHER COMPETITION THAT MAY POP UP.AND LETS JUST FOR SHITS AND GIGGLES SAY THAT ALL OF THESE PLANETS DO ALIGN.JUST FOR SHITS AND GIGGLES.IN ORDER FOR THIS SHITCOIN TO MOON LIKE YOU EXPECT, THE TOKENOMICS NEED TO BE FUCKING ON POINT AND DEMAND NEEDS TO BE VERY LARGE TO MAKE ANY MEANINGFUL MOVE.BUT MOST OF ALL, RORY IS A FUCKINGC U C KU CK
>>12925599linkies btfod
>>12925601Anon, any alts you think are worth their salt? I don't expect you to divulge your golden goose eggs, but surely there must be some shitcoins with good fundamentals and use cases.
>>12925616+ opinion on LN would interest me aswell + if 2nd layer CT on btc makes monero obsolete
>>12925599>>12925601Absolutely 120% organically grown gluten free level BASED
>>12925623>2nd layer privacy makes base layer privacy coin obsoleteWhy do so many people think this
>>12925649maybe because nobody gives a shit about monero even right now without 2nd layer ct. monero is a ghost chain with like 4k tx and all dn markets are pure btc markets.
>>12925599>>12925559>>12925595Please respond friend.
Based OP.. should I trade my 16 LTC for BTC or let er ride
>>12925559LTC SURVIVED BECAUSE CHARLIE LEE HAD CONNECTIONS TO KEKBASE AND WAS ABLE TO GET IT LISTED THERE. XRP WAS A PRETTY BIG DEAL BUT IT BARELY SURVIVED. THERE WERE SOME LEADERSHIP PROBLEMS AND SOME OF THE TEAM QUIT AND FORKED XRP INTO XLM. BOTH OF THOSE SHITCOINS CAME OUT THE OTHER SIDE BUT IDK MUCH ABOUT THEM OR IF THERE IS A SPECIFIC REASON WHY THEY MADE IT THROUGH THE PURGE.>>12925573XMR IS GOAT. DOES THAT MEAN IT WILL MOON? IM NOT SURE.>>12925649THIS
>>12925694My nigga
>>12925049i'm also excited to be able to buy in the 2k range, but i'm afraid there won't be enough for us to buy in the 2k range. is there a waiting list we can get on? first come,, first serve
>>12925667FAIR POINT BUT IF SOMEONES LIFE DEPENDS ON WASHING THEIR COINS, XMR IS THE ONLY REAL OPTION. DOES THAT MAKE IT VALUABLE? THAT'S HARD TO SAY REALLY. BUT IT DOES HAVE AN ACTUAL REAL USE WHICH IS MORE THAN 99.999% OF SHITCOINS CAN SAY.
>>12925694What do you think of Skycoin?
>>12925599>>12925601:'-(
>>12925768GAY.
>>12925537>>12925552@OP PLEASE RESPAWN BELOVED
>>12925741OP, what is the best/safest way to buy/hold bitcoin? Not when but where/how?
>>12925779What about CHX anon
>>12925741What Eth clone do you think might have a chance to possibly survive?
200th post. Fuck link.
>>12925779Kek'd irl. Fucking suck it skyfags.
>>12925857You think litecoin will continue to survive?You think there is atleast 1 or 2 eth clone that will survive the eth clone wave?Why do we continue to go through this cycle even though it's obvious now?
>>12922131So you're saying I have over a year to accumulate? Great news!
Very informative thread thanks based caps lock anon
>>12922131I feel even this is optimistic. There are still too many people flooding the ICO market...there is still money pouring in and out of all of these clear scams. We're gonna drop to real capitulation in 2020 and stay there for 2/3 years minimum. I'm gonna wait till we hit 1600 and dollar cost average every week I get paid till the end of time, BTC only.
>>12925779Topkek
>>12916295sensei thoughts on mimblewimble?
>>12925395>>12925493I agree with most things you've written, I'm more optimistic on alts though. I could see something like ICX sticking around because they've been making inroads on real world adoption - most altcoins like nano struggle with this.
>>12925599Certified based
>>12925785Lol. This is the big boy Q&A talk not bitcointalk beginners forum.
>>12925237When you think we exit out of accumulation zone and into bull zone? Im 50/50 whether we are bottomed out, or not. We could be in accumulation zone right now, but if we aren't then im not really sweating it either. I can manage for another solid year or two before i'd have to start selling my BTC for living expenses I think or something like that. Either way im gonna have some low leverage longs to on mex waiting to get filled to ride this bull run all the way home.
>>12925857OP, can i add you on something so I can give you my profits when I make it?
>>12926272Not OP, but there's a consideration to be made for your question. Add an MA1400 (same thing as the 1W MA200) to your daily chart (use BLX to go all the way back), now add the MA 2800 and you'll see that it started to appear in 2018 around the similar peak as the ma1400 did in 2014. If we go even a few hundred dollars under this line, ma1400 is now resistance, and makes the ma2800 an almost guarantee. Then the bullrun we'll start once we're out of that 1.8k to 4k trade zone.
>>12916327So short with leverage, brainlet
>>12916301So 9k usd to btc?
I want to bet that btc wont reach 6k in 2019Is augur the thing to do that?
>>12917105Selling pressure
>>12916580I haven’t heard about Obelisk in almost 3 yrs
>>12916580Define intrinsic value if you don’t mind anon
>>12916533You’re wrong. SV can privet in bad news all the time and the same for btc. Look at chainlink for example. I give Sergey another 5 years before he’s ran out of crypto. I can see him succeeding if he bandwagons but nb I don’t want to derail.
>>12916320This
>>12921824it can happen because what you are describing is the normal market cycles without any externalities that change the game overnight. almost all btc bull cycles began wigh a crisis.
>>12926793small and localized crisis mind you a global one will fuck everything up.
>>12916836
>>12916320Because 4chan has the power to control what Bitcoin does??
>>12916349We are all gonna make it fren
>>12916295So what? It does not matter it hits $1000 or even $500. It will eventually find a momentum. In a long run, Bitcoin wins.
>>12916295Where is part 1?
>>12916448Based and redpilled. Op knows his Shit
>>12924788nope, Gold mania is only just starting. Generally you are right tho, Gold is no investment.
>>12916301You need 3 points of contact for a trend line anon.
>>12916295This thread is so based
>>12916295There's is nothing to worry about.We are ALL going to be able to buy at $2k levels along with every twitter trader.We're ALL getting rich. Yes it's this easy.
>>12923090Finally someone gets it, the politicians are the ones who will gain the most, they will FUD bitcoin so they can buy cheap and once they have enough they will announce ETF and watch the normies flood in.
>>12925514I remember working at Wendy’s and thinking “I make 300 a week and if I only bought bitcoin is could be worth a ton” I was right. Also, I was trying to convince my dad to buy one btc when it was 75 each. Feels bad man
>>12925514> This is my one chance, I won’t miss it this time. I fucked up last time.... not today.Imagine how many millions of other people are having these exact thoughts.Good luck buying at $2k.
>>12923090b-but the financial expert said it will happen. There's even a pun in the headline.
>>12916295i need to read a refresher like the stuff you posted every now and then, do you have a twitter or smt?
>>12927091>>12887239
>>12927895thanks
I think op is right about gold. It's a slower version of BTC bubble.
>>12916295thanks OP, awaiting your next post
>>12916295>>12925599are there any alts at all that you hold and recommend?also an opinion on BSV, sovrin, ecomi please>>12925479don't you think it's possible it will go to 1k? eveyone and their mother expects 2k but the market usually goes one step further
>>12928297>don't you think it's possible it will go to 1k? eveyone and their mother expects 2k but the market usually goes one step furtherEveryone and their mother expects $2k which is why it will only go to $3k.
>>12916836based and fundamentalspilled
So to reiterate, April of 2019 to April of 2020 is the perfect time to accumulate btc?
>>12928364Yes, you might be able to buy a whole Bitcoin if you have a spare $100,000 sitting around.
>>12928364Yes
>>12928559ETH as well?
>>12925787What is that coin?
>>12916295 Total CAPSpilled. Will you make more threads like this or can i leave biz now ?Any advice on good sources of information like this thread ?Thanks you BASED man.
>the one thread that made everyone on /biz/ rich
Eventually you plebs will realise BTC is not going anywhere but down. If you can remember the only thing that sparked the bull run was the segshit update getting pushed through, which did absolutely nothing to scale BTC. The market is slowly realising this, and there are no new forks on BTC's horizon ever again. The entire market is beyond delusional at this point, BTC will continually edge downward until a competitor coin takes it's place as king. And don't even talk to me about the 'lightning network', everyone whose spent more than 5 minutes researching it realises it will never be usable in any meaningful way.
>>12916295I do agree with you. BTC towards 1K. Inevitable.
>>12928830So show us a snapshot of your short position with a timestamp
>>12928817PAY ATTENTION FAGGOTTHESE "FUNDAMENTALS" THAT YOU THINK SPARKED THE LAST BULL RUN DONT MEAN SHIT.BTC AT $1 IS THE SAME THING AS BTC AT $1000 THE ONLY THING THAT CHANGES IS PEOPLES PERCEPTION OF ITS VALUE.MARKET TRENDS HAPPEN BECAUSE OF A SHIFT IN THE BALANCE OF SUPPLY AND DEMAND. WHEN BTC REACHES $20,000 AND EVERYONE BOUGHT IN WAY CHEAPER, THE SELLERS GAIN CONTROL. PRICE MOVES DOWN AND SENTIMENT TURNS NEGATIVE. ENTER THE BEAR MARKET.BULL MARKETS BEGIN AFTER SELLING PRESSURE HAS BEEN ABSORBED BY A NEW ROUND OF BUYERS. ONCE THE SELLING PRESSURE IS GONE AND PRICE BEGINS TO MOVE UP, SENTIMENT ONCE AGAIN TURNS POSITIVE AND THE TREND CHANGES.THIS IS CALLED MOMENTUM.
>>12928943Queerbait, your nonsense is getting BTFO on the charts today.
>>12928943Any recommendations for resources to educate myself on this stuff?
>>12928943The selling was fully absorbed a couple months ago. At this point it’s moderate accumulation then furious buying as the bull run starts.
>>129165697 months from now
>>12928966lmao
>>12928966THE FUCK ARE YOU TALKING ABOUT RETARD?NOW YOU GUYS SEE WHAT IM TALKING ABOUT WITH HERD MENTALITY. THIS FAGGOT SEES A LITTLE BIT OF GREEN AND IS NOW BULLISH ALL OF A SUDDEN.
>>12928966Short squeeze before the dump
>>12928982Dumbass
>>12929120It's not going to $2k. Your gay ass "analysis" completely missed the first spike up in early 2013. Your either stupid or intentionally misleading.
>>12929120So you're saying we bull now?
>>12916295>>12929120(you) are right, but we could pump to ~$5k and trap some bulls first. Also, the trend is regressing as liquidity dampens bitcoin's volatility
>>12916295This aged well.
>>12929157THE FIRST "SPIKE UP" IN 2013 DIDNT RESULT IN A BEAR MARKET AND WASNT THE PEAK YOU FUCKING RETARD.
>>12929237wat r u talking about
>>12916448>muh cup and handle>TA is right more than it is wrongNice fud tho
Idk about btc but youre the OP around here ya bloomin homo
>>12916295ah. the "it's a sucker's rally" fags are in full force right now. We may have already seen a bottom considering how many of you fags we see everyday now
>>12929256Based.Bull run will be official after the first SOLID cross of the 50 EMA.
>>12929256The point I'm making, you retarded clown, is that suggesting that now is a time to sell is complete fud and you know it. Come back and suggest for people to be bearish on something that is at an all time high, not a cyclical bottom
>>12916295the only reasons for beaing bearish are:>the chart somewhat looks the same in 2 places >the mt gox coins
>>12929335Someone doesn't understand trends
>>12929256Here's perfectly good "technical analysis" right here that totally contradicts your horseshit>>12929378
>>12916295Past results are not indicative of future performance you fucking retard. Calling the bottom is like calling the top. You have no fucking clue. Also kys
>>12929426>Here's why your BTC analysis is wrong>Posts a link to someone elses irrelevant LTC chart
>>12929464The point is that the picture can be painted either way and as of right now op is wrong. If you were to have shorted any of these cryptos based on his horse shit you'd be getting destroyed, dickbreath!
A pattern a lot of people don't seem to be noticing is what BTC has been doing since the 19600 top. It's pretty much formed two higher lowers before an eventual large bear break, two higher lows, bear break, two higher lows, bear break...if the pattern holds up, with just set our second of two higher lows since the 3150 bottom. We should set a lower high below 4150 before the eventual bear break that gets us below 3000.That is if the pattern holds up.
>>12916295The bonus of being a beartard is a potential 30% more BTC.The downside is you're wrong and you miss the entire bullrun because you can't bring yourself to buy back in over $7k.It's not worth it for a few extra BTC you could have made trading alts anyway.
>>12928966Wow thanks for the hot take. >>12928974
The fact that this guy made a "part 2" thread and will probably make a "part 3" is proof he's a shill. Just like oracle was a shill getting to to buy as BTC was dumping down a dump slope, this guy is trying to get you to sell as its going up a pump slope.
>>12929516but if the local top breaks we'll not have another double
>down 3%>up 4%
>>12916803Fukkin kek
>>12929727That's also true. AKA what happens here is CRITICAL for bitcoin, kek.
>>12929649>thinks the 600 people on /biz/ can move BTC
>>12929986600 is very generous
>>12929986>600_>60_0>6_00>6.00Fixed that for you.
>>12916295Finally a good post
I have never been so convinced that Bitcoin is going to $0 in my life. I’m going to sell now and wait for the massive drop in price. Thank you so much OP.
>>12929986it's not about moving the market newfriendthey want you 0.1 btc thats going to worth 1 million $ in 2030
Very good thread thanks OP
>>12929256>>12928297answer me gaylordalso get a tripcode
Where'd op go? Is he hiding in his spaceship car?
>>12930431Op can't answer. He's busy liquidating his shorts.
OP BTFO
>>12930444based Zardoz trips.
>>12928943>BTC AT $1 IS THE SAME THING AS BTC AT $1000Wrong. The system needs market cap of billions in order to treat big transactions without causing a drop of exchange rate. Bitcoin MUST be huge in order to play the role of worldwide money and value storage.
seriously where can i follow you op?
>>12930444>>12930451PIC RELATEDA SMALL RALLY IN THE MIDST OF A CLEAR BEAR MARKET SHOULD NO EXCITE YOU.REMEMBER, IN A BEAR MARKET THE SUM OF ALL DECLINES IS GREATER THAN THE SUM OF ALL RALLIER. EASIEST MONEY IS MADE SHORTING GREEN.IN A BULL MARKET THE SUM OF ALL RALLIES IS GREATER THAN THE SUM OF ALL DECLINES. EASIEST MONEY IS MADE BUYING RED.>>12930609>if btc becomes a worldwide money and value storage it will go up in priceYEAH THANKS SHERLOCK>>12931243YOU CANT. STAY TUNED FOR A POSSIBLE PART 3 IN THE FUTURE.>>12929649YEAH YOU CAUGHT ME RED HANDED>just like oracleLITERALLY WHO>>12930431>tripcodeNO THANKS FAGGY
you faggots listening to tone vays and leah whathername are going to miss the next bull run.FOMO in when it $20K again.
>>12930444>>12930451PIC RELATEDA SMALL RALLY IN THE MIDST OF A CLEAR BEAR MARKET SHOULD NOT EXCITE YOU.REMEMBER, IN A BEAR MARKET THE SUM OF ALL DECLINES IS GREATER THAN THE SUM OF ALL RALLIES. EASIEST MONEY IS MADE SHORTING GREEN.IN A BULL MARKET THE SUM OF ALL RALLIES IS GREATER THAN THE SUM OF ALL DECLINES. EASIEST MONEY IS MADE BUYING RED.>>12930609>if btc becomes a worldwide money and value storage it will go up in priceYEAH THANKS SHERLOCK>>12931243YOU CANT. STAY TUNED FOR A POSSIBLE PART 3 IN THE FUTURE.>>12929649YEAH YOU CAUGHT ME RED HANDED>just like oracleLITERALLY WHO>>12930431>tripcodeNO THANKS FAGGY
OP, set cope to maximum. ENGAGE.
>>12931433>BTC falls 90% and then rallies 3% making a new lower highHere comes the bull brigadeOP btfo. We have clearly entered the bull market, haven't you heard?
the trend is your friend is best trading advice there is.
longs 60%shorts 40%Not the bottom70-80% shorts30-20% longs= bottomFor wyckoffian logic to work, shorts need to be skyhigh, the liquidations will act as rocketfuel.
>>12931478》》 99% of traders cant be wrong! Lol
>>12916295Thanks OP this is good stuff.
>>12916295This is gayer than aids
>>12931494AGREED.EVEN THE FINEX SHORT POSITIONS SHOW THAT EVERY TIME SHORTS ARE AT THEIR LOWEST, BTC DUMPS
>>12931548So basically BTC only dumps when nobody is betting on it to dump?
>>12931497>99% market is not nearly that biased bear or bull. it's undecided and general trader sentiment is based on current color of 15 minute candle. Weekly RSI will make a lower low before bottom is confirmed just like in 2015. Big wallets already bought half a billion dollars in BTC at these levels. They are probably looking to buy another 500MM to 1B dollars of BTC during capitulation/accumulation cycle.
>>12931567Lol wtf is all this cope im not.reading this shit.lol
>>12931596did you mean to give that (you) to me? I thought you were implying 99% of traders think BTC is going to crash.
>>12931612No man i just wanted you to take the hint that was some seriously normie shit.
>>12931432All what I got from this thread is >muh herd mentality >muh ta >muh caps lock so I'm right >muh momentum Look cunt even if everything you said is right, you don't know exactly what will happen. For all you know link can hit 1000$ this year and BTFO you and everything you said. Stop larping as some time traveller and take your meds
>>12931649Right??? Lol, OP thinks the number on his bp cuff is his account balance. Its all so lol.
>>12931432Shorting was a good idea maybe a year ago but now it's a hugely idiotic idea. Shorting now is like going long when BTC was $19.5K. You're a fucking idiot.
>>12931649
>>12931548Yes, trading is strategy, nothing more, nothing less.10% exploit the 90%