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File: 836 KB, 1000x667, stellar-lumens.jpg [View same] [iqdb] [saucenao] [google]
4951439 No.4951439 [Reply] [Original]

PREPARE TO LAUNCH

>> No.4951479
File: 3 KB, 225x225, $tellar.jpg [View same] [iqdb] [saucenao] [google]
4951479

>>4951439
EXPLAIN, WHY?

>> No.4951507

>>4951479
Pump&Dump

>> No.4951537

https://medium.com/@SatoshiPay/satoshipay-launches-stellar-integration-and-six-new-partnerships-1ce6c74059b6

Integration to PayPal, wordpress plugin for browser integration, accepts credit card payments for lumens. All good stuff.

>> No.4951571

not to break your bubble, but satoshi pay integrating xlm isn't that ground breaking.

partnership with visa however will make XLM moonbound

>> No.4951598

>>4951571

Visa is partnered with IBM. Stellar partnering with IBM directly is a stretch.

>> No.4951602

>>4951439

sit down

btc ain't having it

>> No.4951643

>>4951537
no Paypal integration.
One can send payments to Satoshipay via mastercard and visa.

Not that groundbraking.

>> No.4951669
File: 22 KB, 362x936, download.png [View same] [iqdb] [saucenao] [google]
4951669

>> No.4951703

>>4951669
You have only proved that SatoshiPay is working with paypal and Visa and Lumens. Not Lumens with Paypal or Visa.

>> No.4951808

>>4951703
no shit, I dont fucking care if they partner with visa or paypal, fuck those kikes, its here to blow there assholes out and take over.

>> No.4952105

Just stopping in to say how much I appreciate the relevance and perceived value that a lot of you guys give to these coins. It is literally what makes this whole thing work. Without the excitement from you guys over whatever you think is a good or bad move for a particular currency, TA would not be as reliable as it is, and I would not be able to sell these things so high. I know it sounds like I'm being a dick, and admittedly, I kind of am, but I actually do appreciate it.

>> No.4952162

>>4952105
You are the most retarded person on this thread fucking retard. Use you're TA for one fucking day in a real bear market and talk to me about how much you fucking lost. Sure you make money now, maybe more than the average of the market, but if you've made more than the 43 times I've made in 3 months I will literally send you all the money I have. If you haven't sit the fuck down pajeet bitch.

>> No.4952200

>>4952105
This

>> No.4952328

>>4952162
Sorry, man. It's just not the case. The passion you have in the post you made is exactly what I'm talking about, though. The truth is, you are trying to predict the future utility of a currency that has not been adapted or accepted by the general public yet. In your world, you make assumptions based on nothing, and in my world, I make assumptions based on you. Even your assumption about me is wrong.

>> No.4952434

>>4952328
less than 10 BTC detected, although most of biz is normies now, go back to your cubicle chad.

>> No.4952452

>>4952200
Thanks, man. It was kind of dumb for me to post that. I kind of feel like I'm breaking the equivalent of the magicians code or something.

>> No.4952491

>>4952452
you sound like a nice lady though. thanks for taking the time to post here.

>> No.4952561

>>4952434
This is kind of great. I've given you the truth, and I really, really shouldn't have, but all you have to do is type that, post it, and that's all you need to maintain your opinion. It's really kind of cool to see until you realize that this mentality also applies to larger issues that actually do matter.

God damn... I sound like such a pretentious prick. I promise I'm not actually like that.

>> No.4952580

>>4952561
shh shhh it's going to be ok

>> No.4952589

>>4952491
haha! Man, that actually got me. I laughed for real. That's some 1980's bully-level insult shit right there, but it was said in a polite way.

>> No.4952606

>>4952580
I know, right. What the fuck is wrong with me? Thanks, man.

>> No.4952625

>>4952452
You've got no idea how much I loved your posts. I almost feel you being so calm and wise. "I make assumptions based on you" That was beautiful. Sending good energy to you friend.

>> No.4952662

>>4952625
Dude, that is incredibly nice of you to say. Thank you. Good energy heading your way as well.

>> No.4952698

>>4952662
>>4952625
>>4952491

Can you guys fuck in another room and explain why this shit is gonna blast off?!?

>> No.4952754

>>4952662
Thank you:)

>> No.4952849

>>4952698
haha! Ok, that got me too. I made some small gains on the bounces yesterday, but I haven't updated my chart, so I can't give you good buy and sell points. I did look at it before I made my initial post, and it is at a support level, and you'd probably be able to make a gain right now. My initial reaction to is was that the support was still too high to consider a buy in for a larger gain.

>> No.4953057

To make up for kind of being a dick, I'll do two charts for you guys if you'd like. It can take me about 20 mins to do a super-legit one but less time for a bird's eye overall view. If you'd just like me to eyeball something and give you a rough idea of what I think will happen, that's cool too. Let me know what you'd like, and I'll hook it up. Making fun of me is also fine. I'm sure it'll be funny.

>> No.4953116

>>4953057
Yeah go for it. Do a super legit one.

>> No.4953123

>actually significant news
>oversold as shit
>professional pump group hard at work on /biz/

Just strap in and enjoy the moon mission.

>> No.4953161

>>4953116
This is probably a dumb question, but you'd like XLM?

>> No.4953210

>>4953123
This.

But God damn what are the odds this fucker will hit a dollar by EOY

>> No.4953221

>>4953161
Yup

>> No.4953306

>>4953057
Please do, could you shill me some good TA101 resources?

>> No.4953362
File: 52 KB, 1754x618, MANA_From_Earlier.png [View same] [iqdb] [saucenao] [google]
4953362

>>4953221
Cool, I'll get on it. Just in case you guys want to catch a 20% or so gain from this soon, here is a MANA chart I did earlier. The yellow section happened after the chart was made. Buy when it closes outside of the downtrend a few times, stop-loss if it falls below whatever line to bought it above.

>> No.4953575

>>4953306
I'll hit this before I hook up the chart real quick. RSI, Elliot waves, and trendlines are all you really need. You don't even have to focus that much on the Elliot waves, but it'll help you to read up on them. Draw trend lines, and mark intersections with horizontal lines. Do the trends on the 1 day candles first, then switch to which ever candles you'd like the time frame of your trade to be in. I don't mean 30 min candles for a trade in 30 mins. I just mean 30 will be on a shorter time period like working support bounces for several 3 and 4 percent gains. Don't forget to extend your uptrend lines downward to look for intersections. This will often show a support level that the coin has not hit yet. This is mostly good for new coins that don't have a lot of history. The same applies for extending downtrends upwards. You can find resistance levels and often predict new ATHs with this. Pay attention to how the prior trends had an impact on what happened much later in the timeline. Be careful to not make the chart reflect what you want it to be, and only use the data that it has given you.

>> No.4953696

>>4953362
I appreciate it. Are there any resources you'd recommend for learning how to do TA?

>> No.4953712

>>4953123
>>4953306
I'm not knocking the advice in this post. This info comes from the side of things that I don't look into, but if you look at the RSI, you can see that this coin is not oversold, and a gain before another downtrend will not be that large. I'm not hating on the news thing, though. That does have an impact. When you get good with TA, it kind of becomes a tweet predictor too. That's actually a good indicator that your charts are getting more accurate if your buy points line up with "news".

>> No.4953725

don't forget to factor in BTC dinosaur run - I fucking hate that coin. Bots jump ship faster than we can trade

>> No.4953815

>>4953696
Man, you'll find a tooooon of stuff out there. Most of it is not really legit. Really, just start drawing trends, supports and resistances, and buy on downtrend breaks. You'll get the hang of it.

>> No.4953839

>>4953221
Dude, I'm sorry. I rambled on more that I thought I would with those other posts. Do you still want this?

>> No.4953851

>>4953575
Thanks, working through TA of financial markets by j Murphy in my free time, some practical insight is great

>> No.4953882

>>4953839
I do

>> No.4953934

>>4953882
Cool, I got you. Give me about 20.

>> No.4954006

>>4953712
Sorry about that RSI read. It's actually a little better than what I saw when I glanced at it. You could maybe flip to 863 from this.

>> No.4954062

>>4951439

Lumens is actually going to take off in next 6 months for completely unrelated reasons to this thread.

>> No.4954096

i dont have six months to spare. i need it to 5x my gains in a week

>> No.4954119

>>4953306
Read this
http://workofark.com/pdf/Technical%20Analysis%20of%20Stock%20Trends,%209th%20Edition,%20CRC%20Press%20(2007).pdf

>> No.4954153

>>4954062
and what are those reasons?

>> No.4954222

>>4953839
Absolutely yeah. Sorry I didn't respond right away, I'm mobile posting at work.

>> No.4954254
File: 7 KB, 200x200, 1512875868575.png [View same] [iqdb] [saucenao] [google]
4954254

Stellar by EOY

>> No.4954266

>>4954153

Stellar is a nonprofit corporation - their model is unique. Their mission is similar to ERC20 shitcoins, but with actual working technology platform. Third world shitholes won't be using Ripple's protocol because that's for banks and jews.

>> No.4954299
File: 86 KB, 576x1024, B3155175-B7D9-4DF1-A7C7-D4BB4022B6B7.jpg [View same] [iqdb] [saucenao] [google]
4954299

>>4953934
Damn all this normal conversation feels strange. Someone shitpost real quick

>> No.4954308

>>4954266
Shitcoins like the DAO and Aragon*
A payment platform for everyone. Think the FOSS of blockchain, completely open-source for mass adoption. vs ripple's bullshit

>> No.4954344
File: 72 KB, 1759x749, XLM_Example.png [View same] [iqdb] [saucenao] [google]
4954344

>>4953882
I'm not done, but I wanted to show you an example. I didn't clean the chart up, because I thought you may want to see what that looks like too.

Look at the trends formed in June and Sept of 2016. Look at the intersection of those two trends at 2661. If you'd have bought the downtrend break in April of this year, you'd have an insane gain in March. In reality, there's no damn way I would have thought it would go that high, and I would have probably sold way before that and hated myself later, but this is a good example of how crazy this stuff is.

>> No.4954394

>>4954344
*Insane gain in May

>> No.4954399

Why is every coin but this going up?

>> No.4954423

>>4954266
Oh I know what it is, and I already sold all my xrp for xlm. I just thought you might know something I don't. I think xlm is great but in this space it seems like sometimes even brilliant technology just goes nowhere. Btc is shitting all over everything at the moment. Why do you think xlm will moon in the next few months?

>> No.4954444

>>4954299
Uh...something about Jewish people or some shit... Daily reminder that (insert coin at ATH here) will be going to (insert prediction based on nothing here) soon. You have been warned.

Does that feel more 4chanish?

>> No.4954457

>>4954444
Checked

>> No.4954459

STRAPPED IN SIR

PLEASE INSTRUCT FURTHER. AWAITING THRUSTERS.

>> No.4954616

>>4954423

They are aggressively hiring is all I can say.

>> No.4954622

>>4953934
Well, shit. I'm going to have to mess with something else first. I'm sorry, man. I hope the example helped a little at least. I'll make another post with it if this one is dead by the time I get back. You'll probably have to wade through all the hate that something like that will get at first, but just let me know that you're the dude from this thread.

>> No.4954643

>>4954344
How far ahead can you reasonably estimate with good ta skills? Assuming no bad news of course.

>> No.4954657

>>4953882
>>4954622
I linked the wrong deal.

>> No.4954742

>>4954622
No worries

>> No.4954858
File: 43 KB, 1759x615, BTC_Example.png [View same] [iqdb] [saucenao] [google]
4954858

>>4954643
You can for real predict ATHs. The trouble is actually believing that the chart is correct. I charted BTC with the intention to prove that the route it would need to take to hit my next ATH prediction was way too unrealistic. It followed the path exactly...

This is that chart from 11-30 (I actually think it was made before that, but I just published it on 11-30). The part highlighted in yellow happened after the chart was published.

I for real have to go for a bit. I'll try to be back soon.

>> No.4954888

>>4951439
I bought 455 Lumens was it a good idea /biz/?

>> No.4955090

>>4954858
Adding to that last one real quick and pissing people off who are waiting for me haha....

I have never seen something work on such a consistent basis and still have as much trouble trusting it as I do with trend analysis TA. I still sell and make gains, but the amount of charts I could show you with spot-on high-end predictions that I didn't take would make you sick. It's easy to get caught up in the moment and sell vs. setting a sell point and not look at it for a few days.

>> No.4955097

marine threads kill shit coins

>> No.4955151

>>4954858
Thanks awesome stuff

>> No.4955367

xlm is looking to bring their product to 3rd world countries and banks. I have learned you get rich of the poor, there are a lot more poor people in 3rd world countries than there are rich folk. India and africa has a fuck ton of poor ppl. That's why I'm in stellar lumens for the long run.

>> No.4955468

WHEN THE FUCK IS THIS MONEY SNAKE GOING TO MOON, WHAT ARE THE NEWS

>> No.4955542

>>4955468
Money Snek strikes when Money Snek wants to strike. Be ready on a moments notice.

>> No.4955642
File: 222 KB, 3600x2700, E72075E1-D679-492B-8158-E730D2CAD998.jpg [View same] [iqdb] [saucenao] [google]
4955642

I’M STRAPPED IN!

>> No.4955672

>>4955642
LET'S FUCKING GO LOOK AT THAT BUYING WALL

>> No.4955761

xlm chat here:

https://discord.gg/BkUZdWc

>> No.4955846
File: 39 KB, 1760x734, XLM_ATH_LIST.png [View same] [iqdb] [saucenao] [google]
4955846

>>4955151
Thanks, man.

I'm back, but just kind of. Here are XLM stable ATH predictions.

>> No.4955872

I want to believe. I really do

>> No.4955929

>>4955846
Damn I will be happy at 10k sats, how far out is that on your chart?

>> No.4955933

>>4955846
Okay sorry for being TA ignorant, but could you indicate how to read line intersections?

>> No.4955975

>>4955846
Also could you do ARK?

It's the only hold I'm willing to sell to shift into XLM right now, so it'd be nice to have an idea of whether or not I should leave Noah to his bathwater

>> No.4956035

>>4955846
dude, you are talking out your ass
I'm also super bullish on xlm, but the numbers you're putting up are equivalent to measuring in dollars, not cents. (barring btc crashing that is)
that top line is over $15
dude, even with how well xlm has been doing, this wave of conferences and announcements ends on the 12th, and satoshipay actually using xlm isn't going to bring it that high.
keep in mind that there is a total supply of over 100 billion, and almost 18 billion circulating, so please, try again.
it will be amazing if we hit over 1k satoshi in the next few days, i'd recon max would be $0.2
and yeah, i know I'm talking days, and your timeframe is probably longer, but even a year from now, $15 is just not happening

>> No.4956145

>>4955846
Fuck so this shit will never hit 1400 sat a again for a while. I bought so God damn many at 1333 and I know km just carrying this anchor forever. Is it better just to bail now and try and latch onto something else or should I just hold this for like six months

>> No.4956153

>4955846
I'm a believer senpai. Whats the time frame on this?

>> No.4956280

>>4956145
how is that what you interpreted from a graph that shows nothing lower than 4k sats

>> No.4956455

>>4955846
Could you post the whole graph? Or at least give us a timetable?

>> No.4956571

>>4955929
>>4955933
>>4955975
>>4956145
>>4956455
Sorry, everyone. I'm kind juggling a few things at the moment, but I haven't forgotten about you. I will answer everyone soon.

>>4956035
I have an answer for you right now, ass hole...haha just playing. This was just related to a discussion about ATH predictions.
>>4954344
>>4954643
>>4954858

>> No.4956692

>>4956280
I misread the 0s. I'm reading my phone that's not letting me save or zoom in photos. My bad Bros.

>> No.4956741
File: 160 KB, 767x1024, Saved_Image_20160523_124428.jpg [View same] [iqdb] [saucenao] [google]
4956741

>>4956571
What about NEM/XEM? It recently hit a huge high, can your method replicate that ATH?

>> No.4956816
File: 214 KB, 1506x735, 878.png [View same] [iqdb] [saucenao] [google]
4956816

>>4954299
>>4954444

>> No.4956834
File: 26 KB, 640x472, 1506747585252.jpg [View same] [iqdb] [saucenao] [google]
4956834

>>4956816

>> No.4956858
File: 72 KB, 1758x775, XLM_ATH_DATES.png [View same] [iqdb] [saucenao] [google]
4956858

>>4955929
I wouldn't put too much stock in these dates. I only use date/time when I'm looking for a downtrend break on the day of purchase. I just use it, along with the recent uptrend and downtrend lines, to set alerts on. Significant price movement and volume increase is expected to happen prior to that date, so I make small adjustments to the chart as needed if that movement doesn't occur by that date/time.

>> No.4956884

>>4956741
Are you asking if I can show you how that ATH would have been predicted, or are you wanting me to show you a new prediction for NEM/XEM?

>> No.4956935

>>4956884
If your method would have predicted it but hell yeah I'd love o new one for NEM. I am holding a good chunk and I think it will go sky high next year.

>> No.4956953

>>4956935
Sure, I can do that one real quick. What happened recently was not an ATH, though. I can still show you how I would have gotten it. 1 sec.

>> No.4956985

>>4956953
Thanks man.

>> No.4957081

>>4956035

Banks that transfer billions a day are going to be using Lumens next year, I swear some on here have no clue just how tiny the crypto market as a whole is in the grand scheme of things and top 20 coins have the potential to go another 100x.

>> No.4957090
File: 57 KB, 1750x777, XEM_RECENT_HIGH.png [View same] [iqdb] [saucenao] [google]
4957090

>>4956985
No problem. I fully expect to murdered by some secret society for showing you guys this shit, by the way haha.

Downtrend drawn from points at 5-22 and 8-11.

Uptrend drawn from 11-04 trend.

Intersection of those trends is at 4040.

>> No.4957177

>>4957090
Intersection is actually at 3978. I know that really doesn't matter, but it bugs me that I got it wrong, so I had to correct myself.

>> No.4957209

>>4957090
C-could you do REQ?

>> No.4957243

>>4957177
i appreciate you posting these, but can you help explain why you pick the points that you do for current TA analysis. i mean, these are great to show past lines converging to make sense, but how do you know in the moment that the current up or down spike is going to be the long-term TA line that you are going to use for future prediction?

>> No.4957275
File: 83 KB, 400x400, Thank You 1.jpg [View same] [iqdb] [saucenao] [google]
4957275

>>4957090

Just want to say thanks for being the first intelligent, helpful, warm, nonshitposting anon I've read in like...weeks. I'd love to know as much about TA and all of this as you. This is fantastic.

>> No.4957408

Here's a game based on stellar
https://colorglyph.io/

>> No.4957423

>>4957090
Where did you learn to TA? I've watched some beginner day trading videos and am interested on how to go on from here.

I know patterns, just have no idea about indicators.

>> No.4957528
File: 47 KB, 1764x741, XEM_HOW_TO_BUY.png [View same] [iqdb] [saucenao] [google]
4957528

>>4957243
I was getting this ready for an example in addition to the last one (>>4957090), but I think it kind of answers this question too. I would need to go into a little more detail to really explain it, and I will soon if you have time to stay up for it.

I hate that the dates overlap in this, but this is how you buy this. You do the 1 day candle chart posted earlier, then you switch to two hour candles (doesn't really have to be 2h, but for this chart, I would have chosen it.), draw the downtrend(s). In this case, you have a recent-major and recent-minor. When it broke the lesser of the two and alerted me, I would have checked it out. When it broke the major downtrend, I would have bought on the blue line. The line is just there to show you where the second candle that closed above the trend is. That line is not based on anything other than that, and it would not have been on the chart until after I bought in.

>> No.4957558

>>4957528
Thank for this. May you see lots of gains Anon!

>> No.4957578

>>4957528
Just in addition to that...

I know this should go without saying, but I want to throw it out there just so we're all on the same page. The reason we're looking at downtrend breaks is because there's no way you'll get positive price movement without breaking a downtrend.

>> No.4957651

>>4957578
hey can you answer
>>4957423

>> No.4957661

>>4957275
Just saw this... Thank you, man. For real. That was really nice of you to say, and I'm really glad you like the content.

The main thing that I can tell you about TA for crypto is that it is way more simple than people would have you believe. I'm not doing anything fancy, and my conclusions were drawn from research and a ton of trial and error. I'm sure you could find someone talking about this exact same method, and I probably spent way too much time coming to these realizations largely on my own.

>> No.4957688

>>4957528
thanks, anon. and i will be up if you are down for a deeper explanation into all this. i sort of get what you are saying here. is the recent-minor the dashed line and recent-major the solid line? so you are then saying that when the trend breaks the dashed line you wait for it to break north of the solid line and then buy as the trend is heading up past two indicators towards the upper trend line most likely which in this case was up around 3978? that's cool, but how did you draw that dashed recent-minor line (if that is the minor line)? i'm assuming the solid recent-major line comes from long term peaks from the past, but the dashed line looks too steep. is it just that those two peaks above the blue line on the downtrend don't match the solid line trend, so that's where you have to draw the new dashed line?

sorry if i'm asking too much that doesn't make sense. it's just fascinating to me and i thank you.

>> No.4957707

>>4957651
Sure man, sorry about that.

I kind of went over it here - >>4957661

I've stopped using indicators other than RSI. If a price breaks a downtrend near a support line with an RSI peek indicating oversold, it's pretty likely that the gain is going to be greater.

>> No.4957747

>>4957707
>peek
peak, that is...I hate when I do that shit...

>> No.4957824
File: 136 KB, 1305x713, XLM.png [View same] [iqdb] [saucenao] [google]
4957824

>>4957707
What is your opinion on XLM? It seems to have nice morning momentum and is forming a pretty nice ABCD, after a long downtrend.

>> No.4957865

>trading meme lines
>not trading news and anticipated news

>> No.4957997

>>4957865
>ta vs fundamentals

age old

>> No.4958030
File: 49 KB, 1762x767, XEM_HOW_TO_BUY2.png [View same] [iqdb] [saucenao] [google]
4958030

>>4957688
>is the recent-minor the dashed line and recent-major the solid line
Yes. I should have explained that. Sorry about that

>so you are then saying that when the trend breaks the dashed line you wait for it to break north of the solid line and then buy as the trend is heading up past two indicators towards the upper trend line most likely which in this case was up around 3978?
I think you're right, but here's a little more on that just in case we're not quite on the same page...
Yes, when it breaks the dotted line, I'm now curious about what it's going to do. In some cases when the minor trend is way under the major trend, I may buy in and grab a small gain.
It doesn't have to move north of the line exactly, just to the right of it. Moving north is great and a better indicator that things will go well, but I just want to see it close outside of that line without dropping in price soon afterwards. I'd need to see at least small uptrend starting to form outside the trend before I bought in, though. Actually, the more I think about it, probably way easier to just say...yes, north of the trend haha. The 3978 point was just there from the question that asked how I would have predicted that, but if I were to chart this out in its entirety, you'd see more sell points.

> i'm assuming the solid recent-major line comes from long term peaks from the past, but the dashed line looks too steep. is it just that those two peaks above the blue line on the downtrend don't match the solid line trend, so that's where you have to draw the new dashed line?
This version should show it a little better. When the price didn't follow the major line, a new minor trend was created. If you were doing this in real-time, this line would have changed from a much steeper slope than what it eventually became. That is one of the small adjustments that I alluded to in an earlier post.

>> No.4958081

>>4958030
yup, we are definitely on the same page. thank you, and i will now bookmark this page for future practice.

>> No.4958154

>>4957997
I don't think crypto currencies have much real inherent value, but they mostly run on hype. Contrary to real stocks where you can just check the books and future plans. And the best place to check for hype is in the news and on the internet.

If you must trade meme lines then you can just ask Google.

>> No.4958228
File: 203 KB, 1350x1530, superior meme lines.png [View same] [iqdb] [saucenao] [google]
4958228

>>4958154

>> No.4958298
File: 678 KB, 1350x3489, meme comparison.png [View same] [iqdb] [saucenao] [google]
4958298

>>4958228
mMmm, meme coin cash isn't doing so well

>> No.4958330

>>4958154
I'm always hesitant to discuss inherent value.

I am a mathematician by profession, so when you tell me for example bitcoin and ethereum don't have inherent value, I don't know how to correct your misconception.

Does the idea of money have value? Money is supposed to be a realization of value. What is value? Something that provides an improvement to the quality of anything. What is quality? Application specific. Who judges quality? User specific.

The short undeniable answer is that money has value.

Is some currency better at being money than other currency?

Yes

How?

Some are volatile, some are hard to use, some are valued poorly, some disintegrate when you touch them, some are easily counter fitted. Some have arbitrary valuation.

Mathematically and empirically, bitcoin, ethereum and various other cryptocurrencies are superior to all fiat currency in most of these attributes. Not all,

Understand the very nature of money, and the mathematics of cryptocurrency, there is no denying in a world where economical dynamics are at play, cryptocurrencies have the highest inherent value among all currencies.

Inherent being assume money will always be used. Assume full adoption of ethereum, vs current system of fiats, which currency is superior, the answer is ethereum.

>> No.4958331

>>4958298
lol
>be africa
>too dumb to even use the google machine

>> No.4958362

>>4958330
>counter fitted

signs I should be sleeping

>> No.4958397

>>4952625
fag detected

>> No.4958411

>>4958330
Money derives its value from the fact that people in specific economies trade in it. So if the economy does well the demand for that currency increases. It's backed by production.

In that sense you could argue bitcoin would derive it's value from adoption. You could probably even calculate how big the bitcoin economy would be based on real world adoption, prospective future adoption and real currencies.

>> No.4958457

>>4958411
I know I just contradicted my either post. But I guess in the first post I thought of it as gold and in the second post as a real currency. Both are possible.

>> No.4958588
File: 65 KB, 1760x770, XLM_FULL_CHART.png [View same] [iqdb] [saucenao] [google]
4958588

>>4957824
I've finally made the chart that was requested a long-ass time ago haha.

I agree. I think it's in a pretty good position, and my buy point is 587-647 with a sell at ~997. If it breaks the larger downtrend, I would expect to see 1449 and 1654. If it breaks the larger uptrend, I would expect a fall to 457-545.

>> No.4958613

>>4958228
It's pretty interesting to see how tax paradises have a high interest in Stellar.

>> No.4958623

>>4958588
I should say that I think 805 is a big factor in what this can do. After the 600's buy in, if it can't get past 805, I'm selling it.

>> No.4958780

>>4958588
so at this point you would recommend selling now and then waiting for a 100-200 sat drop before rebuying?

>> No.4958890

NEM is going on another pump right now.

>> No.4958910

>>4958780
If you're already in, I'd probably just hold through the potential dip and take a smaller gain eventually. I think that's the safest way to play it, since it's already close to that 805 mark. It could break it now and go on up, but it's just not what I think is going to happen.

>> No.4958956

>>4958588
how does potentially upcoming news play a role in your TA? for XLM there is supposed to be released some news in partnerships

>> No.4958997
File: 68 KB, 1753x780, XEM_FAST.png [View same] [iqdb] [saucenao] [google]
4958997

>>4958890
Really quick chart if anyone is in on this

>> No.4959023

>>4958910
i've have a little over 3000 and have had them since around 850
>>4958956
also wondering this because if they plan on making an announcement on the 12th then this would fit with the TA making an upswing as well. i wonder if they plan news around this as well?

>> No.4959028

>>4958997
Thanks Anon.

>> No.4959051

I've been holding since like 430 sat or something. And I'll probably hold them for another 5 months. Just to see if the banks are truly moving onto the stellar network.

>> No.4959057
File: 46 KB, 1765x738, XEM_LITTLE_BETTER.png [View same] [iqdb] [saucenao] [google]
4959057

>>4959028
No problem. Slightly better version here.

>> No.4959114

>>4959057
Sell where?

>> No.4959120

>>4958997
so if i'm reading this right to put what i've learned together, the recent-minor line was broke and is now heading to the recent-major line....or maybe i'm missing something because i'm seeing the buying will stop at the major red line whereas in the previous example there were three red lines, two solid and one dashed and when the buying started after the recent-minor threshold it went past the recent-major as well up to a third solid red line.

>> No.4959158

>>4959114
2600 it seems...and from the look at the market it appears this was spot on.

>> No.4959165

>>4958956

I don't follow the news on coins, and I couldn't even tell you what one is trying to do.

This will probably make everyone hate me again haha, but these are the references to my posts inline with the responses to them from the beginning of this thread:
>>4952105
>>4952162
>>4952200
>>4952328
>>4952452
>>4952491
>>4952561
>>4952580
>>4952589
>>4952606
>>4952625
>>4952662
>>4952698
>>4952849
>>4953057

>> No.4959225

>>4959165
I only have one question.. does walls play a major factor here?

I've been watching Request and XML, they both seem to be put off by a big wall at some point. Does indicators care about that?

Sorry for retarded question, I assume they do of course do factor these things in, but just a question..

>> No.4959418

>>4958411
I think money itself is an abstract utility and has inherent value.

With an assumption of complete acceptance, crypto has the highest value of all known forms of currency.

I don't know enough economics to think that a single currency to function as money is viable. I expect not. Also too tired to consider this valid and valuable conversation, sorry.

>> No.4959447

>>4959165
How do your charts actually play out to BTC volatility.

Your BTC charts are paired with stable USD, are your altcoin charts really only valid for price points converted to USD?

>> No.4959724

>>4959418
Man, that's a conversation I would love to have, but I'm way too tired as well. I think you have some strong points there.

>>4959447
There are a few ways of thinking about this, but I just try to keep the money I have in alts as relative to BTC value as possible. I'm ok with taking a loss from BTC, but I don't want the compounded percentage hit from selling at a preset sat value that no longer holds the USD equivalent of said value. So, if BTC is in a free fall similar to what happened in Sept, I will just take that loss and buy back into alts when it's stable. I was able to recover the losses very quickly when money started going into alts again.

>> No.4959758

>>4951439

the only rocket is XMR
300 EOY

>> No.4959787

>>4959225
I actually don't look at order books at all. I kind of see it like I'd be trying to figure out how may fish are in a river at a specific point while I have a huge net just ahead of them waiting to catch them all. Walls are very temporary, and I would argue that they are in place for psychological purposes only.

>> No.4959947

>>4959120
Man, I'm sorry I just now saw this. I'm fading too badly to give a really good answer, but you're reading it right. I did those really fast, so I didn't change the lines to show minor and major properly, and I left other lines in that I would normally take out to clean it up a bit. When this broke the minor trend, it was worth looking at, but it was too close the major for me to buy, and too close to that resistance at 2701 even if it did break the major. This was just not at a good time to buy, unless you'd just been planning to work those two green candles on the end.

>> No.4960010

Ok, I'm heading to bed. Thanks for this, guys. I didn't think I'd be spending Sunday night/Monday morning like this, but I'm glad I did.

>> No.4960021

>>4959947
no worries. appreciate it. i think i am getting the hang of it. in the meantime, before trying it with my real funds i have made a couple charts with a couple coins to see how they perform with my estimates over the next couple weeks.

good stuff.

>> No.4960044

>>4960021
That is the best possible way to go about it, and it's exactly what I did. Good luck, man. Good talking with you.

>> No.4960056

>>4960044
Are you watching MCO? Time to jump in?

>> No.4960117

>>4960056
if i had to guess from his TA explanation and applying it to MCO with 1 hour candles, it would show that it is overvalued at the moment. i could very well be wrong though.

>> No.4960147

>>4960056
I've been meaning to catch this one, but it has not lined up where my money was ready to move into into it at the right time. I have not charted it, but just an eyeball check tells me that you can catch some bounces while this falls to the 70s. Next high sell point from here if it does something completely unexpected from my viewpoint would be 114843.

>> No.4960215

>>4960147
Thanks anon

>> No.4960297

>>4960147
Say anything about POWR?

Also, you should trip, if you're ashamed to be a tripfag.