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Bitcoin technical analysis

  • #7,101
  • Mar 24, 2020 7:40am Mar 24, 2020 7:40am
You wanna see my real account (it's barely 16% a month) you have to pay

Quoting smikester
Tell me now, should we take seriously a trader who's Trade Explorer is like this on his sig: {image} and like this in reality: {image}
Are you jealous ?

Should I pull the hundreds screams of ADORATION that came from Tupor, yes same Tupor.

I was something like 8000% up when I abandoned it...
I forgot ...

My last trade was something like 10 lots short GU at 1.33

Yep 1.33 area short Is pound 1.17 now

But I was busy talking with idiot boss at lunch time and BOE crooks did something....

And Demo dead

I left it for teaching others....
Sue me

Real account was not trading pounds then. Volatility you know.

Sooo yes jealous people everywhere
Beware of robber banks (RB), bad advisors.
  • #7,102
  • Mar 24, 2020 7:43am Mar 24, 2020 7:43am
Quoting sidhujag
{quote} It will do damage to all asset classes denominating in fiat. Just as gold went down during margin call territory in 2008. Strongest assets bounce thereafter based on demand for base value in times where there is risk averse behaviour. Whatever is expected to be a good store of value will usually bounce first, and over time higher highs ensue, its never an overnight thing and never a thing that you see unfold in a short period of time, although a black swan event such as the last few weeks do help make it unravel faster.
Talking about the Fed destroying the $ it will do a better job doing that with this new program to support the bond and stock markets.
Unfortunately it will to nothing for the real economy.

https://www.cnbc.com/2020/03/23/fed-...purchases.html
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  • #7,103
  • Mar 24, 2020 7:46am Mar 24, 2020 7:46am
Crypto crack-heads !
Say hello to our friend, John McAfee ! Serious investor? Neah, Crypto Lottery big mouth player !
Not-KPMG uneducated jerk is even worse !
Look, he sounds like he urgently need rehab for drug and alcohol addiction...
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  • #7,104
  • Mar 24, 2020 7:47am Mar 24, 2020 7:47am
Quoting TudorIoan
{quote} $7000 resistance first. Nice bullish TL. $6000 buy limit here. {image}
Sorry Tudor I'm not dumb enough to buy at any price Oops sorry, I meant sorry Tudor I'm not smart enough to buy at any price
  • #7,105
  • Edited 8:08am Mar 24, 2020 7:57am | Edited 8:08am
Quoting Hutch
{quote} Sorry Tudor I'm not dumb enough to buy at any price Oops sorry, I meant sorry Tudor I'm not smart enough to buy at any price
Why not? It's a bullish trend and buying a Higher Low seem totally reasonable.
Trading is trading. We can trade anything, cows, rats, lizards, flying pigs, tulip bullbs, face masks... bitcoin ?!?
But never HODL bitcoin trash too much and for too long !!! Or you're a sick fanatic or drug addict and lose 50% of your life savings in 2 days (like the March 13-14)
Member
  • #7,106
  • Mar 24, 2020 8:14am Mar 24, 2020 8:14am
Is this analysis correct?

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  • #7,107
  • Mar 24, 2020 8:34am Mar 24, 2020 8:34am
Imagine a stupid guy who converted his $100,000 life savings in bitcoin at 13600 inNov. 2017 and HODL.
In March 2020 down to 4000 ...how was he doing then, like $29,412 ? ...how about now, $49,264 today ???
That's a new sport for young puppies, not for "life savings" or sane investors
Youngsters use to contract credit, they have no life savings ! Sooo... who are the bitcoin investors ? Anarchists and junkies ???
Member
  • #7,108
  • Mar 24, 2020 8:37am Mar 24, 2020 8:37am
Quoting TudorIoan
{quote} Why not? It's a bullish trend and buying a Higher Low seem totally reasonable. Trading is trading. We can trade anything, cows, rats, lizards, flying pigs, tulip bullbs, face masks... bitcoin ?!? But never HODL bitcoin trash too much and for too long !!! Or you're a sick fanatic or drug addict and lose 50% of your life savings in 2 days (like the March 13-14)
Sorry I thought that you meant buy and hold just like stocks. I sometimes trade Bitcoin but it's harder to make money because of the high spread. In any case I would love to trade flying pigs because they are not a rare commodity Actually I took drugs when I was young but I was never an addict nor a sick fanatic
  • #7,109
  • Mar 24, 2020 8:52am Mar 24, 2020 8:52am
Quoting Not-KPMG
You wanna see my real account (it's barely 16% a month) you have to pay {quote} Are you jealous ? Should I pull the hundreds screams of ADORATION that came from Tupor, yes same Tupor. I was something like 8000% up when I abandoned it... I forgot ... My last trade was something like 10 lots short GU at 1.33 Yep 1.33 area short Is pound 1.17 now But I was busy...
I don't care to see your account notkpmg. No, I am not jealous, far from it. Talk is very cheap, as you are proving. Emoticons are also free.

Do you think you project the image of a succesful trader?
Gone to a better place
  • #7,110
  • Mar 24, 2020 9:26am Mar 24, 2020 9:26am
Quoting Not-KPMG
You wanna see my real account (it's barely 16% a month) you have to pay {quote} Are you jealous ? Should I pull the hundreds screams of ADORATION that came from Tupor, yes same Tupor. I was something like 8000% up when I abandoned it... I forgot ... My last trade was something like 10 lots short GU at 1.33 Yep 1.33 area short Is pound 1.17 now But I was busy...

Seriously, you need to change your signature on your posts. It is misleading.
Gone to a better place
  • #7,111
  • Mar 24, 2020 12:42pm Mar 24, 2020 12:42pm
https://www.forbes.com/sites/jasonbr.../#101032184bea

As I was saying, first step is to admit that cash is going away and going fully digital. Next step remove cash, and go full digits.

For users, they now are in the digital world, they now have the option to onboard into permission-less coins if they want to be their own bank. Many will make the switch as trust in governments erodes. Its not hard to see the moves in the chess game.
  • #7,112
  • Mar 24, 2020 1:30pm Mar 24, 2020 1:30pm
Quoting sidhujag
https://www.forbes.com/sites/jasonbr.../#101032184bea As I was saying, first step is to admit that cash is going away and going fully digital. Next step remove cash, and go full digits. For users, they now are in the digital world, they now have the option to onboard into permission-less coins if they want to be their own bank. Many will make the switch as trust in governments erodes. Its not hard to see the moves in the chess game.
I agree with you that going fully digital is possible and would be easy for countries that have digital ID cards that could be linked to bank accounts. Unfortunately this is not the case in most countries including mine. In any case digital cards, even if they were linked to bank accounts, would be useless since they still would be linked to the equivalent of today's fiat currencies.
  • #7,113
  • Edited 2:03pm Mar 24, 2020 1:33pm | Edited 2:03pm
Uh, sorry to spoil your ostentatious Zen, Kaspy, and yo condescendence, but there is no future for this notion of "your-own-bank". It's just another millennial utopia from the frustrated crypto geeks. The only switch you will see is the change of the current food chain for another ...where you squids will not be kings, but a fat crypto oligarch will be
Well, it's understandable this snaky illness is consuming you, ...there is this category of you lunies who live under the craze of persecution, ...these guys feel unsafe since they were born and when they fail in life they blame the government. Typical inadaptable teenagers, or undeveloped old brains because of too much abuse, terror, failing in their lives. Poor losers !... It's them against the world, for vengence
Member
  • #7,114
  • Mar 24, 2020 2:02pm Mar 24, 2020 2:02pm
Quoting Hutch
{quote} I .. y digital is possible and would be easy for . digital ID cards that could be linked to bank accounts. . linked to the equivalent of today's fiat currencies.
Why are you all pretending it's something digital

Do you need lessons???

This GOVERNMENT trash is, was and will be ELECTRONIC trash
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Beware of robber banks (RB), bad advisors.
  • #7,115
  • Mar 24, 2020 2:07pm Mar 24, 2020 2:07pm
Quoting Not-KPMG
{quote} Why are you all pretending it's something digital Do you need lessons??? This GOVERNMENT is brilliant
What's the matter with you, Jordie ?!?
Forbes bust your ass ?!? Outch, that must hurt !
But why so much cry ?!?
Member
  • #7,116
  • Edited 3:29pm Mar 24, 2020 2:14pm | Edited 3:29pm
I don't know about you, crypto morons, but I feel veeery digital since 2008 when my bank brought up digital payments: instant, no comm, no fee, ...and the "savages", namely the unbanked, had M-Pesa.
Just sit tight in your armchair and pay yo bills, groceries, T-shirts, shoes, wives...
Who the fck need "my-own-bank" and for what ?!? ...oh, sorry, tax evasion, money laundy, sure, excuse me
Member
  • #7,117
  • Mar 24, 2020 3:27pm Mar 24, 2020 3:27pm
Quoting Not-KPMG
{quote} Why are you all pretending it's something digital Do you need lessons??? This GOVERNMENT trash is, was and will be ELECTRONIC trash {image} {image}
If I understand you correctly you don't have a digital debit or credit card linked to a bank account in your country so you have to use bank notes and coins the way your grandfather used them more than 60 years ago. Your country needs to stop living in the past and join the 21st century
  • #7,118
  • Mar 24, 2020 3:39pm Mar 24, 2020 3:39pm
Quoting Hutch
{quote} If I understand you correctly you don't have a digital debit or credit card linked to a bank account in your country so you have to use bank notes and coins the way your grandfather used them more than 60 years ago. Your country needs to stop living in the past and join the 21st century
His grandad kept savings under the mattress and when it became paper he blamed the government.
(LMFAO, who the fck does that ?!?)
Now NK crack-head will leave to his son a drive with some worthless codes and guess who will be to balme on ?
Member
  • #7,119
  • Mar 24, 2020 4:24pm Mar 24, 2020 4:24pm
Woohoo Bitcoin went up $346 today
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  • #7,120
  • Mar 25, 2020 1:40am Mar 25, 2020 1:40am
Quoting smikester
{quote} I don't care to see your account notkpmg. No, I am not jealous, far from it. Talk is very cheap, as you are proving. Emoticons are also free. Do you think you project the image of a succesful trader?
He is simply amusing himself
He doesn't actually expect anyone to take him seriously

How on earth could we? No one in their right mind would

He is harmless
Compulsions can be hard to resist
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