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Bitcoin technical analysis

  • #5,181
  • Sep 2, 2017 11:01pm Sep 2, 2017 11:01pm
There is a big meeting in Singapore at Singapore University of Social Sciences coming up soon for Cryptocurrency. I may go. Those interested fill free to chime in
  • #5,182
  • Sep 2, 2017 11:02pm Sep 2, 2017 11:02pm
Quoting RondaRousey
{quote} The only problem with being parabolic is that it becomes a bubble like the dot com bubble. All bubbles eventually pop and another one develops. Crashes are certain... don't be caught will your pants down
Open a new separate account and short. Keep that short as a separate bet. If it crashes then the put pays off otherwise your longs make you money.
  • #5,183
  • Sep 3, 2017 12:39am Sep 3, 2017 12:39am
Quoting stylinex
{quote} Open a new separate account and short. Keep that short as a separate bet. If it crashes then the put pays off otherwise your longs make you money.
Thanks but I already trade both sides
You came here for the truth and let me unveil it for you
  • #5,185
  • Sep 3, 2017 2:09am Sep 3, 2017 2:09am
Buy on pullbacks and just hold for the long run

https://cointelegraph.com/news/bitcoin-by-2020
  • #5,186
  • Edited 1:01pm Sep 4, 2017 12:36pm | Edited 1:01pm
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https://streamable.com/od2w3
  • #5,187
  • Sep 4, 2017 12:51pm Sep 4, 2017 12:51pm
https://www.cnbc.com/2017/09/04/chin...port-says.html

Could be the first "shot across the bow" towards the cryptos. Other countries are probably watching cryptos closely & may have plans also. Governments like to control money (and everything we do). Too small to make a difference now but why wait until they get too big.

My guess is sometime over the next few weeks we hear from another country which will cause another drop. Wild speculators will start hitting the exit button. Possible to see 25-50% drop in 1 day. Just my guess. Not trading it.
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  • #5,188
  • Sep 5, 2017 12:35am Sep 5, 2017 12:35am
Quoting srt
https://www.cnbc.com/2017/09/04/chin...port-says.html Could be the first "shot across the bow" towards the cryptos. Other countries are probably watching cryptos closely & may have plans also. Governments like to control money (and everything we do). Too small to make a difference now but why wait until they get too big. My guess is sometime over the next few weeks we hear from another country which will cause another drop. Wild speculators will start hitting the exit button....
What is the source of this chart with such huge gaps on daily? Cryptos trade 24x7 and I never saw the gaps.
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  • #5,189
  • Sep 5, 2017 1:08am Sep 5, 2017 1:08am
results to start the month off with bitcoin and euro together.

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  • #5,190
  • Sep 5, 2017 3:12am Sep 5, 2017 3:12am
9 fold slaughter
btc will fall to $500
the recent bull run was fueled by ico ponzis
practising coitus interruptus
  • #5,191
  • Sep 6, 2017 10:18am Sep 6, 2017 10:18am
Quoting avibe
9 fold slaughter btc will fall to $500 the recent bull run was fueled by ico ponzis
Any stronger points to support your statement?
  • #5,192
  • Sep 6, 2017 12:16pm Sep 6, 2017 12:16pm
Quoting Brandonchen
{quote} Any stronger points to support your statement?
Price has retraced back to levels I still consider sell... a take out of 5000 will invalidate sell

Other reasons? It increasingly looks like a bubble, but for now the strongest reason for a fall on btc is that it has been used to fund so many ico's that are ponzi like, to participate in the ico's guys had to buy btc to buy these other alt coins

Alternatively, this buy momentum could be because of south Koreans hedging against the north

For now am watching let's see how it plays out esp once north Korea issue settles down
practising coitus interruptus
  • #5,193
  • Sep 6, 2017 3:01pm Sep 6, 2017 3:01pm
Quoting avibe
9 fold slaughter btc will fall to $500 the recent bull run was fueled by ico ponzis
To tell you the truth I still believe all big drops and pullbacks are buying opportunities
  • #5,194
  • Sep 7, 2017 12:11am Sep 7, 2017 12:11am
New Bitcoin supporter. Good article

Bitcoin Prediction 2030: Kim Dotcom Says $100,000 Bitcoin Price Is Possible - Profit Confidential
https://apple.news/AgACRsiCKNlq68yK9dc0W5A
  • #5,195
  • Sep 7, 2017 7:55am Sep 7, 2017 7:55am
Quoting stylinex
New Bitcoin supporter. Good article Bitcoin Prediction 2030: Kim Dotcom Says $100,000 Bitcoin Price Is Possible - Profit Confidential https://apple.news/AgACRsiCKNlq68yK9dc0W5A
Thanks for the link!
  • #5,196
  • Sep 7, 2017 11:59am Sep 7, 2017 11:59am
All year this year Bitcoin has proven that it has been good to buy all the dips and pullbacks. Those that did were rewarded. Should continue to do so. The bigger the drops the better the rewards when it bounces back
  • #5,197
  • Sep 7, 2017 6:44pm Sep 7, 2017 6:44pm
There are honestly better plays for anything under $1m liquidity.. if you are a billionaire makes sense to hedge into bitcoin, anything smaller better to play altcoins
  • #5,198
  • Sep 8, 2017 4:07pm Sep 8, 2017 4:07pm
Bitcoin v China

China sees bitcoin as the biggest money laundering racket ever.

Pullback or Crash?

Struggling to go over 5k
You came here for the truth and let me unveil it for you
  • #5,199
  • Sep 9, 2017 8:36am Sep 9, 2017 8:36am
I'm a US trader..looking for a broker to trade bitcoin on margin preferable 1:10 or 1:25 if possible..any suggestions?
  • #5,200
  • Edited 9:13am Sep 9, 2017 9:02am | Edited 9:13am
Quoting Venomousssss
I'm a US trader..looking for a broker to trade bitcoin on margin preferable 1:10 or 1:25 if possible..any suggestions?
Someone recommended me BitMex (They even offer 100 leverage) but I didn't try them yet...
"Men Who Can Both Be Right & Sit Tight Are Uncommon" ~ Jesse Livermore
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