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Bitcoin technical analysis

  • #7,181
  • Edited 3:19pm Apr 1, 2020 11:59am | Edited 3:19pm
You keep repeating the same nonsense over and over again. It's called laissez-faire, you should look up
And it is utopic as your crapto-coin.

It's you the brainwashed as you keep your head in the cesspool of crypto lunatic community and you twist the essence about money !

The current system had great results for economies but it doesn't cure your asthma too! Nor your cancerous hate!
There's no magic formula for extreme situations.
Your ambition was to create some all size fits all, aaand the mother of value but crypto failed Was born sick in fact. Unsustenable, still centralized, and the blockchain interface is vulnerable like any other system.

Your crapto-currency was born only from hate against the current systems, nerds' arrogance and economic ignorance.

You gotta be blind stupid to say that the current currencies doesn't provide sov, moe and uoa Those concepts were born empirically precisely by using the current currencies!

Ghersham's law and Adolphe Thiers are okay, but crypto is not "the better"
Crypto is trash anyway, impractical trash (see trilemma) ha, ..."better money" !
How will the market recognize the "better money" if not even you, the crypto geeks, are not able to define consitently the "better money" ?!?
...another circular stupidity: market adopts crapto-currencies because is "better money", and crapto-currencies are the "better money" because the market will enforce the adoption This is all you've got

You are the same pathetic, hopeless stup as ever, deny evidence ...Fools Day is for delusional people like you who believe in crypto miracles and live in denial when they fail ...or lie in a despicable manner to save what they possibly can from their losing business
Member
  • #7,182
  • Apr 1, 2020 12:24pm Apr 1, 2020 12:24pm
Quoting TudorIoan
Let me bring my homage to the crypto Fools Day, 2019 ! ... One year ago ...they were rather slick whales than fools Everything on the bitcoin chart was like: shit, shit, shit, shit, shit, shit, shit, shit, ...and suddenly, BAM ! Revelation ? Noooh, manipulation ! ...we still have a couple of hours if there's any chance this year to see this miracle happening again {image}
This is what my economics degree and this day thought me
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  • #7,183
  • Apr 1, 2020 4:05pm Apr 1, 2020 4:05pm
Bitcoin down by $154 or 2% today maybe the downtrend will cease soon
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  • #7,184
  • Apr 1, 2020 8:35pm Apr 1, 2020 8:35pm
Quoting TudorIoan
You keep repeating the same nonsense over and over again. It's called laissez-faire, you should look up And it is utopic as your crapto-coin. It's you the brainwashed as you keep your head in the cesspool of crypto lunatic community and you twist the essence about money ! The current system had great results for economies but it doesn't cure your asthma too! Nor your cancerous hate! There's no magic formula for extreme situations. Your ambition was to create some all size fits all, aaand the mother of value but crypto failed ...
its obvious isn't it? you were wrong market was right, what we have been telling you since we started is something you cannot see because you can't comprehend how it works so obviously to you its not "better" but smart money sees it, this is why bitcoin is the best performing asset in the last decade. Not saying bitcoin will be the answer for money but its part of the solution not the problem. "Your ambition was to create some all size fits all, aaand the mother of value", my ambition is to be part of the solution, not the random mumbo jumbo you keep spitting that it doesn't work, with no actual substance other than hey it sucks ok, its not better because I said so! again im only one person in the grand scheme of things, neither of our oppinions is going to change the truth, which is that it will either continue to rise or drop to 0, if it has utility it will continue to rise. This is the stance I took 7 years ago when I started looking at it and so far so good. Where were you 7 years ago and what decisions have you made that you can say for certain you can stick to your convictions because they were right and stay true to those same convictions 7+ years later? (not many), market is on my side here, all you have is an april fools joke that almost got you to break even while you shouted off the roof top "I told you" when we all know that market is all about random walks with fundamentals guiding direction over the *long term*, maybe you missed that babypips tutorial.
  • #7,185
  • Apr 2, 2020 12:12am Apr 2, 2020 12:12am
Quoting sidhujag
{quote} its obvious isn't it? you were wrong market was right
Neah, you can't bullshit no one here, you arrogant prick ! Look here hater, 7 moths ago, my prediction on simple fundamentals like the ebb before the halving... duhhh!
Babypips is worthless for you imbeciles, don't bother to follow, you are not able to learn anything about fundamentals or techs, loser!
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  • #7,186
  • Apr 2, 2020 12:27am Apr 2, 2020 12:27am
Quoting sidhujag
what we have been telling you since we started is something you cannot see because you can't comprehend how it works so obviously to you its not "better" but smart money sees it
I can see very well what you crypto crooks are bamboozling people around. You crypto shills constantly create crypto bullshit allover the internet, because you know people you use to fleece don't have time to fact-check. So you crooks with your crypto companies can openly lie about facts and get away with it.

You can kid yourself butthurt if it makes you feel better, but the smart money are conservative and prudent, they don't play with their money investing in the most risky and volatile asset ever, bitcoin. It's obvious for the sane smart money that investing in bitcoin is like running through a dynamite factory with a burning match. You may live, but you're still a fkn idiot. And smart money are not idiots. You can't bullshit no one here.
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  • #7,187
  • Edited 2:57am Apr 2, 2020 12:45am | Edited 2:57am
Quoting sidhujag
bitcoin is the best performing asset in the last decade
No shit !
Market cap can be easily manipulated, liar ! You create a token with a 10 billion supply, develop a simple ERC20 contract and deploy it on ETH, and on an exchange.You then convince another sissy-coin friendly crypto monkey to buy one of these tokens for $1. BAM, there you have it ! A token with a $10 billion market cap.

If we talk charts...
- The core below 6K is held artificially by manipulation beyond any doubt ...otherwise the miners will have to turn off their mining equipent - or die crumbling under electricity bills ...ridiculous manipulation, ridiculous business
- bitcoin is the best multi-Ponzi bubble scheme ever created by crooks ! Look momo, everybody can see that "bubbles chart"
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  • #7,188
  • Edited 2:09am Apr 2, 2020 1:19am | Edited 2:09am
Quoting sidhujag
My ambition is to be part of the solution, not the random mumbo jumbo you keep spitting that it doesn't work, with no actual substance other than hey it sucks ok, its not better because I said so! again im only one person in the grand scheme of things, neither of our oppinions is going to change the truth
Your solution is utopic. Forget it.
And you're the mumbo jumbo crook here. You spread you crypto nonsense allover because you crypto crooks have a lot to lose if people don't believe you.
Lousy ham, displays false modesty, errr ...one person in the grand scheme of things ...they say it right this is some sort of cult of dizzy dumboz..

You liars spread bullshit like the technology underlying crypto that is now alleged to be the cure of all global problems, including poverty, famines and even diseases. In fact blockchain is the most over-hyped and least useful technology in human history.
In practice it is nothing better than a glorified spreadsheet or database.
Nothing more !!

The small portion of people who find the truth about the crypto global scam have a much smaller voice than the lie that was first told.
And even if your lies are exposed, it's so easy to play condescending as: incomprehensible stuff for the mob, ...or you crypto haters simply put out opposing content, as you're doing right here at every logic argument of mine.
That's why you share some similarities to an aggressive cult. The people inside are convinced to believe that the outside is against them. So you desperate morons keep punching people everywhere

As long as you can't come up with anything else than "better money" just because they can't be copied, you're just an ordinary crook.
Member
  • #7,189
  • Apr 2, 2020 1:32am Apr 2, 2020 1:32am
Quoting sidhujag
This is the stance I took 7 years ago when I started looking at it. Where were you 7 years ago and what decisions have you made that you can say for certain you can stick to your convictions because they were right and stay true to those same convictions 7+ years later? (not many), market is on my side here
Who the fk cares where you was 7 years ago and where you will be after 7 more and what are your unfounded crypto-religious convictions?!? Your arguments are weak if not upright stupid. Market is not on your side, horse blind momo, ...but you loser can lie to yourself forever if it makes you feel better, pathetic, yuck !
Member
  • #7,190
  • Apr 2, 2020 1:37am Apr 2, 2020 1:37am
Quoting sidhujag
I am a crypto shill ...but I keep bullshitting people because my syscoin business is dead anyway
Bitcoin is empty inside and you can't reasonably prove the opposite.

Bitcoin is not backed by anything. Oh, sorry, saying is backed by blockchain is incoorrect, because they are separable.
Bitcoin it's just a code on the computer and that code only has value because other people say it does, end of story.
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  • #7,191
  • Apr 2, 2020 1:54am Apr 2, 2020 1:54am
Beware of big mouth crypto shills, people !

The people who champion bitcoin have a lot to gain from convincing you and a lot to lose from you not believe them, so there's this conflict of interest and people go online and they talk about their marvelous new magic money which will cure cancer because they are "better" somehow...

Crypto big mouth crooks are running this endless marketing campaign for this crypto scam, the worthless bitcoin code,
hoping the next stupid greedy guy will be tempted to buy more.
There's no other fundamental reason for a trash like bitcoin to grow !!

Why do you think the crypto big mouth fanatics call everywhere calling people to buy the crypto "magic new money" ?!?
Do you really think they care to educate you ?
Do you really think they care to make you rich?
No, it's their business to fleece you, you, the stupid naive retailer
Member
  • #7,192
  • Apr 2, 2020 1:57am Apr 2, 2020 1:57am
Real sane investors cares about the fundamental potential of the assets they invest in.
But crypto doesn't have too much of a fundamental potential. The last crash proved the bitoin is ordinary trash !
Because is plain for everyone that:
- is centralized like hell... (bitcoin is dominated by very large bitcoin mining companies and some big exchanges, and between them those
guys make up 80% of the transaction checking system, or the hash rate, of bitcoin );
- exchanges (blokchain's interface) corrupted, vulnerable, hackable...
- merchants are corrupted, vulnerable, hackable...
- wallets are vulnerable, hackable...
- non-sustainable (expensive energy)
- not sclable (slow transactions)
- anonymity works as a black hole for fraud
- fixed supply has deflationist toxic effect

...these are real fundamental flaws !! ...and time can't improve these fundamentals !

BAD INVESTMENT !
Member
  • #7,193
  • Apr 2, 2020 2:08am Apr 2, 2020 2:08am
You don't know what you are talking about, well. Statistically, Bitcoin will keep haunting you haha. If you don't know who the pig is, it is probably you! cya
  • #7,194
  • Apr 2, 2020 2:11am Apr 2, 2020 2:11am
Quoting sidhujag
You don't know what you are talking about, well. Statistically, Bitcoin will keep haunting you haha. If you don't know who the pig is, it is probably you! cya
That's all you've got, piggy in the middle ? ...go to sleep, ...or go to the bathroom, wanker!
Member
  • #7,195
  • Apr 2, 2020 2:31am Apr 2, 2020 2:31am
Quoting Hutch
{quote} This is what my economics degree and this day thought me {image}
Hi Hutch, you don't need a BScEcon. for a common sense observation.
Bitcoin was inert and suddenly jumped like crazy. No fundamental info, no nothing ...just BAM ! ...right out of the blue
OOOOOO, god, it's a miracle, people were blind and now they can suddenly see the truth of the new better money !
Member
  • #7,196
  • Apr 2, 2020 2:46am Apr 2, 2020 2:46am
Quoting TudorIoan
Let me bring my homage to the crypto Fools Day, 2019 ! ... One year ago ...they were rather slick whales than fools Everything on the bitcoin chart was like: shit, shit, shit, shit, shit, shit, shit, shit, ...and suddenly, BAM ! Revelation ? Noooh, manipulation ! ...we still have a couple of hours if there's any chance this year to see this miracle happening again {image}
Ok, pale, mediocre try this year !
People are blind this year, they can't see the tremendous potential of this "new better money" ...it must be the bissextile year
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  • #7,197
  • Apr 2, 2020 5:49am Apr 2, 2020 5:49am
Quoting TudorIoan
{quote} No shit ! Market cap can be easily manipulated, liar ! You create a token with a 10 billion supply, develop a simple ERC20 contract and deploy it on ETH, and on an exchange.You then convince another sissy-coin friendly crypto monkey to buy one of these tokens for $1. BAM, there you have it ! A token with a $10 billion market cap. If we talk charts... - The core below 6K is held artificially by manipulation beyond any doubt ...otherwise the miners will have to turn off their mining equipent - or die crumbling under electricity bills ...
Lets all move to Venezuela to mine Bitcoin and become rich; or move to Zimbabwe to become multi-trillionaire
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  • #7,198
  • Apr 2, 2020 8:33am Apr 2, 2020 8:33am
I know TudorIoan won't read this but others can. TudorIoan is an arrogant human being and pathethic liar regarding bitcoin and I suggest anyone who reads this just ignore anything he spills about bitcoin. His rhetoric is a demagogic blabbery using old tricks like generalization ("one wallet software was hacked therefore everything relating to bitcoin is vulnerable/hackable") or half-truths ("bitcoin is not sustainable because of energy" - "anonymity means it will be used only for frauds"). I could go on and on.
  • #7,199
  • Apr 2, 2020 4:10pm Apr 2, 2020 4:10pm
The downtrend ceased. Bitcoin is up $411 or 6.5% today. I wonder if this uptrend will continue.
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  • #7,200
  • Apr 3, 2020 4:32pm Apr 3, 2020 4:32pm
With a small loss of $41 is Bitcoin consolidating? I guess we will see during weekend trading. Have a nice weekend all
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