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Bitcoin technical analysis

  • #7,141
  • Mar 28, 2020 10:16am Mar 28, 2020 10:16am
????

If nobody likes my posts...

I'll stop posting

Why waste my time on Sheeple and ignorants ???
Beware of robber banks (RB), bad advisors.
  • #7,142
  • Mar 28, 2020 10:44am Mar 28, 2020 10:44am
Quoting sidhujag
{quote} I have been to central bank meetings to advise them I full well know what they do or don’t want. You need to read what I said again so you understand. I am saying that once they do people willl have the choice ofcourse govt won’t want that but they must solve some of the problems that crypto has today (key management and ux/ui) which is the only thing stopping crypto today. also governments as a collection will never agree on monetary policy which is why different currencies exist today. Jurisdiction arbirtrage will keep them honest meaning...
A few years ago I saw on CNBC that the US was afraid that China would replace the ¥ with its own digital currency based on the gold that they have. Since China has been buying gold for the last 20 years and is one of the biggest producer of gold the analyst estimated that China has a minimum of 3 times more gold than the US. Do you think that this is possible? If so what would this do to all the existing fiat currencies?
  • #7,143
  • Mar 28, 2020 10:56am Mar 28, 2020 10:56am
Geez only 25%! Over half of my compatriots don't need the Corona virus to be poor.

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  • #7,144
  • Mar 28, 2020 4:12pm Mar 28, 2020 4:12pm
Bitcoin $459 down today. The bear was hungry
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  • #7,145
  • Mar 28, 2020 5:28pm Mar 28, 2020 5:28pm
Quoting Hutch
{quote} A few years ago I saw on CNBC that the US was afraid that China would replace the ¥ with its own digital currency based on the gold that they have. Since China has been buying gold for the last 20 years and is one of the biggest producer of gold the analyst estimated that China has a minimum of 3 times more gold than the US. Do you think that this is possible? If so what would this do to all the existing fiat currencies?
its possible, but likely they will keep it free floating because then we run into the same problems as before requiring repatriation. Silver/Gold backed cryptos are best left to the private market. The first stage will be just ridding of physical cash and replacing with digital, then the public will get their first taste of private vs public money.
  • #7,146
  • Mar 29, 2020 4:24am Mar 29, 2020 4:24am
You are still here, crypto imbeciles ?!?
Member
  • #7,147
  • Mar 29, 2020 4:28am Mar 29, 2020 4:28am
Thank you, you crypto trolls are here because of the anti-crypto trolls !
Member
  • #7,148
  • Mar 29, 2020 4:30am Mar 29, 2020 4:30am
The same cherry picking from crypto idiots!
They try to validate the crypto hypothesis using the analogy only with favorable arguments, comparing the crypto ONLY with the great successful inventions!
That's a common sophism from crypto crooks, a fallacy!
Hey, there's a new one, they compare Apple (incontestable utility) with bitcoin which has no utility...!!!
How stupid is this ???
All bullshit from crypto anti-system inadaptable morons
Member
  • #7,149
  • Mar 29, 2020 4:32am Mar 29, 2020 4:32am
Here's how bitcoin fallacy sounds like:
If some were skeptic that moon landing would be possible, but they did it somehow, does imply that is just a matter of time until the pigs will fly !

Oh yeah, they are that stupid, the crypto morons !
Member
  • #7,150
  • Edited 5:02am Mar 29, 2020 4:47am | Edited 5:02am
They blabber attractive bullshit for frustrated rebel dumb idiots like "permission-less" uhhh, that sounds good, like freeedom
...and see the benefits of being your own bank .. make happy forever the unbanked ...other imbeciles use fake analogies starting from people who doesn't have water, so they can't afford a couple of stinking satoshiez ...Nk already think he's rich, and bitcoin is only for the rich ...stupid clown !

The market will take care of that by itself... no shit, this is called laissez-faire and history has it tested with disastrous results for economies, but crypto fools never learn and they are ignoring those arguments

Those crooks keep repeating the same bullshit over and over again.
My favorite ...they "create value" through provable digital transfer of ownership ...oooooh, now there is no bitcoin out of thin air ! Is out of a bullshit wording ...typical crypto crooks
Member
  • #7,151
  • Mar 29, 2020 4:52am Mar 29, 2020 4:52am
Crypto crooks are blabbering tones of bullshit fooling the retail dumb idiots to play their stinking crypto game
They made up sophisticated crypto stuff wording to amaze dumbies, wwwwow, great stuff this crypto ...freedom ...fair, square shit !
..aaand revenge against the powerful, the dollar, the banks, the rich ...typical anarchists and losers
Member
  • #7,152
  • Edited 6:30am Mar 29, 2020 4:59am | Edited 6:30am
There is your crypto "smart"revolution ! ...fkn morons !

They build a big dream based on nonsense !
...they base all their stupid scheme on SHIT
...based on a fallacy, on rotten fundamental!!!

They just spread nonsense about the fundamenatls of VALUE
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  • #7,153
  • Edited 5:31am Mar 29, 2020 5:17am | Edited 5:31am
Quoting TudorIoan
They blabber attractive bullshit for frustrated rebel dumb idiots My favorite ...they "create value" through provable digital transfer of ownership ...oooooh, now there is no bitcoin out of thin air ! Is out of a bullshit wording ...typical crypto crooks
I got news for you, crypto morons. Money doesn't have intrinsic value. Or don't consider crypto as money
Those crypto big mouth morons don't understand the origin of value !!
Nor even the "king money" - the USD - doesn't have intrisic value ! Nor JPY, GBP, AUD... money doesn't hold value !!!

Money are just a measurement tool. A measurement tool for the goods and services, namely the shit which has utility !
That's why professional investors stress that bitcoin is not backed by anything... but crypto losers use to laugh at Buffet
You can fkn trade money, but not "invest" in money ...or if you're a dumb rigid FXbull you can say you "invest" in money, ...whatever, you crypto morons

..."create value" through provable digital transfer of ownership, my ass !! ...duhhh, how crooked or stupid is this ?!?
Member
  • #7,154
  • Mar 29, 2020 6:30am Mar 29, 2020 6:30am
Quoting vikinsa
My latest analysis update: https://www.youtube.com/watch?v=omdy5Vt2JvM

Before (March 12, 2020) : https://www.tradingview.com/chart/BT...tunity-Coming/
March 18, 2020: https://www.tradingview.com/chart/BT...ern-Completed/

Bitcoin long has hit my first target as predicted in the last analysis. Here is my latest:

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Technical Analyst & Trader @ Vikinsa
  • #7,155
  • Mar 29, 2020 7:22am Mar 29, 2020 7:22am
Yeeee

Tupor is here.

Thread going down as normal.

No I don't read
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Beware of robber banks (RB), bad advisors.
  • #7,156
  • Mar 29, 2020 7:42am Mar 29, 2020 7:42am
Quoting Not-KPMG
Yeeee, Tudor is here. Thread going down as normal. And don't cry, buddy @! No I don't read {image}
Hey, pal ! Yeah, I'm back ...stronger ...some seasonal flu almost put me down, but I have survived just to troll you, crypto fanatics !
Oh, please read, you'll learn more about your useless shitty revolution ! clap, clap, clap!

edit: read ...and don't forget to like !
Member
  • #7,157
  • Mar 29, 2020 9:32am Mar 29, 2020 9:32am
You can’t invest because your brainwashed. The system of rate targeting was created with a trade off that it allowed ultimate authority over money supply. Unfortunately short sightedness greed and corruption cost all of the existing fiat currencies especially the ones that are demanded globally.

money is a mechanism to exchange utility for work. It’s that simple. The acceptance of money involved intrinsic value ofcourse otherwise it’s a bag of hot potatoes and assume velocity will sustain value. Printing is not a good account for lack of velocity.

its too hard for people to exchange utility for utility because during barter the possible complications with demand and supply thus a unit of account was created to denominate all credit to utility.

although fiat has Ok unit of account and great medium of exchange it has no store of value which is a desired property of money. People are willing to accept it and not forced to. Gold had no medium of exchange it’s too heavy and not divisible for trade and had issues with shaving with coinage. Crypto adds the sov gold with the moe and uoa of fiat without the trade off of potential debasement because of shortsightedness corruption and greed
  • #7,158
  • Mar 29, 2020 9:40am Mar 29, 2020 9:40am
Quoting TudorIoan
Crypto crooks are blabbering tones of bullshit fooling the retail dumb idiots to play their stinking crypto game They made up sophisticated crypto stuff wording to amaze dumbies, wwwwow, great stuff this crypto ...freedom ...fair, square shit ! ..aaand revenge against the powerful, the dollar, the banks, the rich ...typical anarchists and losers
Welcome back Tudor. By the way I'm 100% anarchist but not a typical one because I'm not a loser since I'm not poor at all
  • #7,159
  • Mar 29, 2020 9:46am Mar 29, 2020 9:46am
Quoting Hutch
{quote} Welcome back Tudor. By the way I'm 100% anarchist but not a typical one because I'm not a loser since I'm not poor at all
Oh I know what you are, Hutch A tax evader with amazing powerful google search abilities
Now you're more like a 100% Thoreau "anarchist" ? ...sound better like this, you're better justified
At least you're not a toxic hater as this sissy crypto business loser moaner here
Member
  • #7,160
  • Mar 29, 2020 10:42am Mar 29, 2020 10:42am
Quoting TudorIoan
{quote} Oh I know what you are, Hutch A tax evader
Naw I'm not a tax evader I'm a super tax planner Tax evaders are idiots and when they get caught by the IRS they pay big fines. You seem to forget that tax evasion is illegal and it's not the same as tax avoidance that is totally legal I legally avoid tax and although the IRS hates tax avoiders it cannot do anything against smart tax avoiders like me
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