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/biz/ - Business & Finance

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5327003 No.5327003 [Reply] [Original]

Bitcoin to 3k tonight

>> No.5327041

>technical analysis

>> No.5327044

And then if it keeps going up you just slightly adjust the line to say it's still parabolic overall

>> No.5327064

>>5327003
>Old people
Die already

>> No.5327148

>>5327044
Except then the line makes no fucking sense even if you fit it for that adjustment

>> No.5327154

>>5327003
kek
>mfw Korea still doesn't give a fuck

>> No.5327194

>>5327003
saved this so i can laugh in his face in a week

>> No.5327211

>Look at this chart
>I drew an arrow pointing to one part of the chart and making a comment about it
>This somehow proves something

Fucking virgins actually think they can predict markets LMAO

>> No.5327231

>>5327148
sure it does. youll see.

>> No.5327281

>>5327003
Let them make fun of you, in a week blood flows through the streets and i will be comfy in my tether waiting for some cheap coins

>> No.5327283
File: 12 KB, 225x225, ITSGONEITSALLGONE.jpg [View same] [iqdb] [saucenao] [google]
5327283

>>5327154
this. oh.. god. yes this..
thank god, i've been in this since 19.4k for 3 btc.
rise & shine. sunshine.
RISE AND SHINE.
SUNSHINE!????
RISE!
AND SHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.5327320

>>5327283
GROW GROW GROW!!!

>> No.5327335

>>5327044
This.

Look at the "parabola" in OP pic and you'll see that it's not even a perfect curve, it's a series of segments because the dude had to fit the line to the various dips.

>> No.5327341

>>5327148

If it's steeper than the last line you can still say it's parabolic

>> No.5327376

>>5327041
>>technical analysis
unless it's bullish, then you suck its TA cock

>> No.5327408

>>5327003
If true, mc afee will have sausage for breakfast.

>> No.5327422
File: 16 KB, 281x325, 1507572347289.jpg [View same] [iqdb] [saucenao] [google]
5327422

>>5327003
Idgaf, Im sitting in XLM right now and it going up while everything else is crashing. Feels good man feels real fucking good

>> No.5327443

>>5327376
>projecting
TA is bullshit in a bull market or a bear market
fuck off

>> No.5327459

>>5327408
be sure to remind that to the skatpornaddict

>> No.5327467

>>5327003
lmao nigga just drew random lines

>> No.5327480

To me it looks like there's giant buy walls at 14k and that there's a ton of sell volume all along 14385-14800, at least on bittrex.

Is this possibly banks shorting bitcoin to cash out on futures contracts and then buying the dip?

>> No.5327484
File: 657 KB, 300x124, meat-is-back-on-the-menu.gif [View same] [iqdb] [saucenao] [google]
5327484

>>5327408

>> No.5327492

>>5327003
>some boomer thinks the bubble is finally popping yet again

>> No.5327519

>>5327154
Koreans like btc sale.
Thank you generous westerners

>> No.5327602

Why do you guys doubt him? Sure he MIGHT be wrong, but come on, the man has 40 years of experience in all sorts of markets. He knows his shit.

>> No.5327629
File: 56 KB, 597x519, why.jpg [View same] [iqdb] [saucenao] [google]
5327629

>>5327003
>tfw I'm a normie who bought in to btc last week and it's dropped 17% since then

YOU TOLD ME WE WERE GOING TO THE MOON, /BIZ/.

>> No.5327669

HOLY SHIT IT'S AS IF THERE'S A 38% CORRECTION AFTER AN ALL TIME HIGH. ITS NOT LIKE THIS HAS EVER HAPPENED BEFORE! ABANDON SHIP! LOLOLOL. Thanks for letting me buy more btc dumb fucks.

It's literally a known retracement level you fucking ignorant plebes. Learn how TA works before you go drawing retarded lines in MS paint.

>> No.5327703

t

>> No.5327712

Should I pickup at 14.3k by selling my alts or hodl all my alts? I'm afraid of a new ATH after this "correction"

>> No.5327728

>>5327602
to be fair gold hasnt tanked that much

if btc slow grinds to $10k over the course of a year, alts will still boom

>> No.5327739

https://www.coindesk.com/cryptocurrency-market-nears-50-decline-time-highs/

https://www.coindesk.com/cryptocurrency-market-nears-50-decline-time-highs/

https://www.coindesk.com/cryptocurrency-market-nears-50-decline-time-highs/

fucking dumb FUCKS. way to hold bags you dumb niggers.

>> No.5327779

>>5327376
TA is for idiots

>> No.5327797

>>5327712
Too late now.

>> No.5327802

>>5327041
>>technical analysis

its literally worthless with crypto.

>> No.5327820

https://www.cnbc.com/2017/05/26/ethereum-price-correction-bitcoin.html
https://www.cnbc.com/2017/05/26/ethereum-price-correction-bitcoin.html
https://www.cnbc.com/2017/05/26/ethereum-price-correction-bitcoin.html

stupid fucking plebes learn the lore.. this was literally right before ethereum rocketed to $420 for the first time. you stupid fucking nigger fuck mexican idiots. i cant wait to take all your money.

imagine believing institutional investors would bail out of this long term gold mine moon rocket of an investment vehicle.

>> No.5327829

>gold
Anyone who thinks the price of gold isnt crazy suppressed is insane

>> No.5327865

>>5327802
This is unironically the best market for ta lol.

>> No.5327875

What the fuck caused the sell off? Just a price correction?

>> No.5327884

>>5327739
>convinced im reading an article that just came out
>look at date
>Jul 16th

lel

>> No.5327920

>>5327865
then why the fuck is it never right

>> No.5327921

>>5327865
hey stupid nigger what is your response to the article i just posted..

remember when ethereum dropped 38% from it's all time high and then rocketed all the way to $420 you dumbnigger

>> No.5327929
File: 362 KB, 1856x784, Reminder.png [View same] [iqdb] [saucenao] [google]
5327929

>>5327875
Satoshi is cashing out. He doesn't believe in Bcore anymore.

>> No.5327943

>>5327875

Correction plus Bitcoin Cash taking BTC down a little more

People can say the unconfirmed transactions and fees matter, but almost nobody actually moves their BTC off of the exchanges they buy it from

>> No.5327949

why is my ETH plummeting though

AAARGH WHYYYY

>> No.5327975

>>5327875
bcash raped the consumerconfidence, only a small thing is needed to pop a bubble.

>> No.5327978

>>5327875
Probably lack of tether / buying pressure. Also it cost like fifty fucken dollars to send this shit, it's too expensive to use and Alts have bottomed out and offer better gains. Plus people cash out for taxes.

>> No.5328013

>>5327064
You will also be old one day if you didn't kill yourself by that time underage.

>> No.5328049

>>5327669
lmao fibonacci retracement is the ultimate meme of TA

>> No.5328060

>>5327920
But it is always right lol.

Hurdur

>why do the chess strategies I learn never work

Because you're a brainlet and the people you're competing against are better at this than you. Not a zero sum game, but we'll take your normie shekels anyway

>> No.5328072

>>5328013
>t. Old person

>> No.5328091

>>5327949
As goes Bitcoin goes the market

>> No.5328095

>>5327003

>some stupid fart brained boomerfag thinks his hindsight obvious statements count as analysis

>> No.5328140
File: 41 KB, 250x199, 50AtQN6.gif [View same] [iqdb] [saucenao] [google]
5328140

https://estimatefee.com/
>$48.34 USD

https://blockchain.info/unconfirmed-transactions
>281,227 Unconfirmed Transactions

>> No.5328142

>>5328060
>But it is always right lol.
except for all the times that it's wrong
you TA faggots are insufferable

>> No.5328190

>>5327921
>fiat

Fiat markets are trash. All trends are based on btc, if that articles assuming fib retracements based on that, then they're tone death. Look at an eth / btc chart, it's beautiful.

>> No.5328223

>>5327929
Mommy I'm scared

>> No.5328227

>>5328140
Well to be honest everyone has free coins from Forks

>> No.5328315

>>5328190

you mean like this one???

https://www.tradingview.com/chart/ETHBTC/dkCyXV7G-ETH-BTC-Log-scale-LONG-nice-and-easy/

https://www.tradingview.com/chart/ETHBTC/dkCyXV7G-ETH-BTC-Log-scale-LONG-nice-and-easy/

https://www.tradingview.com/chart/ETHBTC/dkCyXV7G-ETH-BTC-Log-scale-LONG-nice-and-easy/

>> No.5328344
File: 45 KB, 500x500, How I feel.png [View same] [iqdb] [saucenao] [google]
5328344

Cryptos are unregulated and heavily traded by bots. TA matters here more than any other market

>> No.5328349

>>5327003
This Crypto price wave has been predicted two weeks ago by Clif High and his AI (Artificial intelligence)

Here's proof. Made on Dec 1, 2017: Video should start at 37 minutes.
https://youtu.be/tkB-fSLV74w?t=2220

>> No.5328396
File: 122 KB, 1024x567, the-eternal-boomer.jpg [View same] [iqdb] [saucenao] [google]
5328396

>>5327003
thanks grandpa boomer

i'm still not buying your piece of shit house

>> No.5328420

>>5328344

Stock market is way more sophisticated and HFT has been taken to the extreme there

shit randomly pops and shits itself in crypto, TA is worth less

>> No.5328423

>>5327003
Listen to based Brandt literally one of the best traders in the world

>> No.5328436

>>5328315
I like those charts.

What's your problem with them?

>> No.5328494

THANK GOD,THAT I GOT OUT OF LITECOIN...

>> No.5328515
File: 36 KB, 500x453, 2017-11-26 14.14.14.jpg [View same] [iqdb] [saucenao] [google]
5328515

>> No.5328526

>>5327148
how does it make any sense now? you can make any parabola you want

>> No.5328583
File: 100 KB, 357x299, 1508602372251.png [View same] [iqdb] [saucenao] [google]
5328583

>>5327929
But how do you get other cryptos if you don't have Bitcoins? Is there any way to turn dollars into altcoins??

>> No.5328623
File: 47 KB, 500x500, 1511840224022.jpg [View same] [iqdb] [saucenao] [google]
5328623

>13,669 and falling on coinbase

>> No.5328631

the uncertainty caused by bcash is going to do irreparable harm to all cryptos. i guess it was fun while it lasted, but now that people see that anyone can activate a "hard fork" then the scarcity of 21m bitcoin isn't so scarce anymore.

>> No.5328666

>>5328631
LN is 10 times worse for Bitcoin.

>> No.5328702

>>5328583
ethereum/ltc, have you only heared about btc?

>> No.5328756

>>5328526
Has to be drawn along the curve, if you shift it over to the right even just a little bit there'd be a massive gap between the lowest extremes and the line. You can't just shift one segment over because you feel like it, then it'd be a completely separate function

>> No.5329007

>>5328756
>then it'd be a completely separate function

Wait you think his drawn line has an actual parabolic function attached to it?

>> No.5329069

>>5327003
>boomers spouting the noise in their head they mistake for thoughts

>> No.5329157

25k by next weekend

>> No.5329195

>>5329007
Families of functions have certain properties, if you change it massively then it isn't that type of function.

(If I dry a line on a graph does it have a slope and intercept?)

>> No.5329259

>>5327003

Even if btc crashes...if it can stabilize at a certain price it will be the biggest altcoin boom ever

>> No.5329280

>>5327480
>giant buy walls at 14k

Just goes to show how fast things change in this world

>> No.5329328

>>5327480
Could just be a small correction.

Or we could be heading to the floor and it'll take longer than a day. Idk

>> No.5329383

>>5327920
Because you're bad at it

>> No.5329439

>>5329383
I don't bother doing it

>> No.5329602

Fuck me, I was just about to lock in ltc at ~$200 a coin and it just jumped back to 250