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/biz/ - Business & Finance


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13089583 No.13089583 [Reply] [Original]

It broke out from the >>13087894 mentioned pennant.

>> No.13089958

I posted that pennant.
Where did it go. I'm not home now.

>> No.13090057

>>13089958
Kind of going sideways for now, but it indicates an uptrend soon.

>> No.13090112
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13090112

the action is sideways , price is failing to make highs.
volume is gone to a halt. you can sense the weakness. my bet is that the pennant breaks down.

>> No.13090139

>>13090112
We'll see fren.

>> No.13090154

>>13090139
im not in favor or against btmx, just trying to figure out its movements

>> No.13090189
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13090189

>>13090154
Imo the current action is kind of similar.

>> No.13090318

>>13090154
>>13090112

I'm the OG autist watching this. Bitmax stops updating it's numbers during US day time. They usually start updating the numbers after the deposit at 8pm central time. I don't know what kind of system or smart contract they have controlling it but usually price starts moving again after updates. Look at the time each day where you see big price movements and you will notice a pattern.

Most people are just looking at the APR probably. The last days worth of dividend growth was off-set by a large number of token lock-ins. From 248m to 259m (excluding card rewards). The last 30% pump we got to mid 9's we were at 256m lockins, then a lot of people instant unlock burned their tokens to sell the pump lol. Price goes sideways for a day, people lock up again. Just watch the div pool and APR, that's the best indicator where the price is going. Barts downwards won't last long. It's just going to continue this cycle of consolidation for 2-3 days before the next movement. The longer it consolidates the harder it pumps.

>> No.13090367

>>13090318
its nice that its always us posting in all the btmx related threads.
OG guy, ta guy, other commenter guys, fud guy, etc.

>> No.13090403

>>13090367

I think the "ip ban" fud guy is asleep, he only posts in the middle of the night. They need to hire a second guy.

>> No.13090426

>>13090403
So are they still banning US ips?

>> No.13090451

>>13090426
nobody has ever posted proof of this happening.

He claimed people said it in the official telegram, but couldn't provide a screenshot. I searched telegram, didn't find anything.

>> No.13090469

>>13090451
been looking at this since it was fiddy cents.
could be the next biconeeeck

>> No.13090540

>>13090469

Wouldn't that be nice to cash out a 100x from the ground floor? God, I hope it's a bitconnect.