Analysis - page 179. | Bitcointalksearch.org

Joerii

legendary

Activity: 1274

Merit: 1050

Quote from: Zarathustra on July 12, 2015, 07:35:43 AM

Quote from: lebing on July 12, 2015, 06:33:32 AM

Quote from: sinner on July 12, 2015, 05:52:17 AM

Quote from: Joerii on July 12, 2015, 03:55:36 AM

I don't understand. I thought the next bubble would usually produce a new ATH of at least 3x the previous one. Since that was 1200, this one should be between 3000 and 4000. Care to explain ?

i could be totally wrong, but i think hes saying we're gonna get to that 3x bubble through a series of smaller ones (head fakes, the first being smaller than ATH). i think he compared it to 2012: in summer 2012 the price ran from $5 to $16 in August (ATH was $32 at the time, but this was still a small bubble), then crashed to $6, then quickly recovered en route to $266 in the first 2013 bubble.

this is what i understood as well.

Yes, correct translation of our master's crypto speak.

Thanks

I love this thread. We're all acolytes of the Master, interpreting his Words.

Zarathustra

legendary

Activity: 1162

Merit: 1004

Quote from: lebing on July 12, 2015, 06:33:32 AM

Quote from: sinner on July 12, 2015, 05:52:17 AM

Quote from: Joerii on July 12, 2015, 03:55:36 AM

I don't understand. I thought the next bubble would usually produce a new ATH of at least 3x the previous one. Since that was 1200, this one should be between 3000 and 4000. Care to explain ?

i could be totally wrong, but i think hes saying we're gonna get to that 3x bubble through a series of smaller ones (head fakes, the first being smaller than ATH). i think he compared it to 2012: in summer 2012 the price ran from $5 to $16 in August (ATH was $32 at the time, but this was still a small bubble), then crashed to $6, then quickly recovered en route to $266 in the first 2013 bubble.

this is what i understood as well.

Yes, correct translation of our master's crypto speak.

lebing

legendary

Activity: 1288

Merit: 1000

Enabling the maximal migration

Quote from: sinner on July 12, 2015, 05:52:17 AM

Quote from: Joerii on July 12, 2015, 03:55:36 AM

I don't understand. I thought the next bubble would usually produce a new ATH of at least 3x the previous one. Since that was 1200, this one should be between 3000 and 4000. Care to explain ?

i could be totally wrong, but i think hes saying we're gonna get to that 3x bubble through a series of smaller ones (head fakes, the first being smaller than ATH). i think he compared it to 2012: in summer 2012 the price ran from $5 to $16 in August (ATH was $32 at the time, but this was still a small bubble), then crashed to $6, then quickly recovered en route to $266 in the first 2013 bubble.

this is what i understood as well.

inca

legendary

Activity: 1176

Merit: 1000

Luc bought in

I suggest we all do the same!

sinner

hero member

Activity: 615

Merit: 500

Quote from: Joerii on July 12, 2015, 03:55:36 AM

I don't understand. I thought the next bubble would usually produce a new ATH of at least 3x the previous one. Since that was 1200, this one should be between 3000 and 4000. Care to explain ?

i could be totally wrong, but i think hes saying we're gonna get to that 3x bubble through a series of smaller ones (head fakes, the first being smaller than ATH). i think he compared it to 2012: in summer 2012 the price ran from $5 to $16 in August (ATH was $32 at the time, but this was still a small bubble), then crashed to $6, then quickly recovered en route to $266 in the first 2013 bubble.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: JustAnotherSheep on July 12, 2015, 12:39:56 AM

Quote from: Odalv on July 11, 2015, 06:23:27 PM

I have never saw so bullish Lucif. Looks like he has sold his account.

I do seem to recall him being similarly bullish at one point - in October 2013 just at the very start of the bubble rise to $1200.

nice diggin'

BTCtrader71

hero member

Activity: 784

Merit: 1001

Quote from: smoothie on July 12, 2015, 02:45:04 AM

Quote from: JustAnotherSheep on July 12, 2015, 12:39:56 AM

Quote from: Odalv on July 11, 2015, 06:23:27 PM

I have never saw so bullish Lucif. Looks like he has sold his account.

I do seem to recall him being similarly bullish at one point - in October 2013 just at the very start of the bubble rise to $1200.

Yeah this was pretty spot on.

I reviewed masterluc's posts in oct-dec '13 and I have to say, it was like reading a crystal ball. Here is luc calling the top on Dec 4:

Quote from: masterluc on December 04, 2013, 08:33:28 AM

I think it should reach $2k-$4k in near future in a final push, especially if it will draw a triangle now 7-14 days long.

But I don't want to take a part in further market actions. I reached all my targets, dreams and so on. And now I cashed out for 80%. Thanks China. Thanks US Senate. Thanks uncle Ben, I like your Franklins in my hands.

I think selling in wave 4 of final historical 5 is not bad. I left 20% coins for final wave.

Quote from: masterluc on December 04, 2013, 09:13:11 AM

Ah, of course thanks Satoshi and community, but I am still here =) Next entering point for me is in 2016-2017 year.

Quote from: masterluc on December 04, 2013, 10:14:25 AM

Yes, it's once in lifetime epic event. And I am happy I was participated. Such stories live in generations.

Quote from: masterluc on December 06, 2013, 01:19:22 AM

I thought the end will have more epic start. Third day in a row I wake up, see charts and ask myself "Is this the end?" and third day in a row answer is "Yes".

Joerii

legendary

Activity: 1274

Merit: 1050

Quote from: masterluc on July 11, 2015, 06:23:39 PM

Quote from: bitone on July 11, 2015, 05:12:00 PM

masterluc thank you so much for your advice and your estimates. What is your price estimate for this moon discovery? And at timeframe do you estimate that the rocket will land?

I expect bubble series in coming years. The first one starts now. First bubble target should be lower than ATH.

I don't understand. I thought the next bubble would usually produce a new ATH of at least 3x the previous one. Since that was 1200, this one should be between 3000 and 4000. Care to explain ?

maxll

legendary

Activity: 1011

Merit: 1006

Quote from: masterluc on July 11, 2015, 06:23:39 PM

First bubble target should be lower than ATH.

Correct, the first one will look much the same as the summer-2012 bubble (5-15).

smoothie

legendary

Activity: 2492

Merit: 1473

LEALANA Bitcoin Grim Reaper

Quote from: JustAnotherSheep on July 12, 2015, 12:39:56 AM

Quote from: Odalv on July 11, 2015, 06:23:27 PM

I have never saw so bullish Lucif. Looks like he has sold his account.

I do seem to recall him being similarly bullish at one point - in October 2013 just at the very start of the bubble rise to $1200.

Yeah this was pretty spot on. Right after that the market started to move up slowly throughout october and then november/december.

This is an interim bubble as masterluc said. Expect many head fakes on the way up.

Tie yourself down and hold on.

JustAnotherSheep

full member

Activity: 239

Merit: 100

Quote from: Odalv on July 11, 2015, 06:23:27 PM

I have never saw so bullish Lucif. Looks like he has sold his account.

I do seem to recall him being similarly bullish at one point - in October 2013 just at the very start of the bubble rise to $1200.

heropzy

member

Activity: 83

Merit: 10

Quote from: masterluc on July 11, 2015, 09:10:10 PM

I repeat, this is not joke. Bubble confirmed. US dollar - mayday, mayday, mayday. Look at new appeared weekly sma200.

go go go, let's all in Grin

masterluc

legendary

Activity: 938

Merit: 1013

I repeat, this is not joke. Bubble confirmed. US dollar - mayday, mayday, mayday. Look at new appeared weekly sma200.

necrita

newbie

Activity: 49

Merit: 0

The master:
A) Has sold his account.
B) Is a genius.
C) Is trolling us.

windjc

legendary

Activity: 2156

Merit: 1070

What happens if we retest weekly 20ma?

Is the bull so guaranteed then?

brg444

hero member

Activity: 644

Merit: 504

Bitcoin replaces central, not commercial, banks

luc is making me consider converting all my remaining fiat to BTC Cheesy

zby

legendary

Activity: 1592

Merit: 1001

Quote from: btc4lifer on July 11, 2015, 06:28:54 PM

Quote from: masterluc on July 11, 2015, 06:16:29 PM

Price close above weekly BB

Don't we need Sunday evening to roll around to get weekly close above weekly upper bb?

Maybe masterlucs graph software closes week on Saturday? But yeah - I think more popular is closing it on Sunday - so one more day, and it is now just a pixel above with big divergencies in MACD and RSI in many shorter timeframes.

Bicmac1973

full member

Activity: 121

Merit: 100

Your relief me from my doubts, I am all in. One little noob question: is that a bull flag on the 5m chart? Or just a funny zigzag pattern without any deeper meaning?

ssmc2

legendary

Activity: 2002

Merit: 1040

Quote from: BldSwtTrs on July 11, 2015, 06:50:35 PM

Luc, you make me happy.

+1

BldSwtTrs

legendary

Activity: 861

Merit: 1010

Luc, you make me happy.

Topic: Analysis - page 179. (Read 941563 times)