Author

Topic: Analysis - page 306. (Read 941596 times)

legendary
Activity: 938
Merit: 1013
December 06, 2013, 06:47:14 AM
I know my count misses final sharp move up. But failed hourly sma200 was always unbeatable during bubbles and provided support for bubble EW count. And now it failed and don't want to backup. I assume here count is finished.
legendary
Activity: 1050
Merit: 1000
December 06, 2013, 06:46:55 AM
A pure bear market of 1 year would be terrible, you guys should think twice before saying that.
From April to July 2013 there were 3 failed bull markets, followed by bear markets that ended in capitulation at 50$,
80$ and 67$, and after that a fully developed bull market was able to grow. So only about 3 months from 266$,
and from the current high prices it may take longer than 3 months. But a pure bear market of 1 year could drive the price to
single digits, and that would be terrible. I hope the upcoming failed bull markets / bear markets won't last longer than 6 months.


You keep using that word. I do not think it means what you think it means

hah - great spot Grin
legendary
Activity: 2408
Merit: 1009
Legen -wait for it- dary
December 06, 2013, 06:46:30 AM
amazing how pissed people are  Cheesy

I hope I didn't come around as pissed or ridiculing masterluc or bears in general. I am not pissed, I just have a different opinion. I wouldn't mind a bear market for a year or so,... shakes out the idiots that are in the boat "for the wrong reasons" very effectively.


I agree! And while it's hard to say for sure, where the top is, the end of the cycle is nearing.

For those who don't understand what is being talked about in this thread today:
5 waves up and 3 waves down. Here's a fractal of the 2010/11 rise


Now here is the whole history since Bitcoin' inception.


5 up, 3 down...
5 up, 3 down...
5 up, 3 down...
Back and to the left... Oh wait  Tongue

This coming Bear market CAN stop anywhere between the top and the lowest price ever traded. No, I'm not saying that it'll go that low, but a wave 2 (which happens to be the Bear market after the top we are waiting on) can retrace up to 100% of the preceding wave-1 (which is the entire Bitcoin history)

Now, lets see those horns!  Roll Eyes
sr. member
Activity: 252
Merit: 250
December 06, 2013, 06:45:43 AM
A pure bear market of 1 year would be terrible, you guys should think twice before saying that.
From April to July 2013 there were 3 failed bull markets, followed by bear markets that ended in capitulation at 50$,
80$ and 67$, and after that a fully developed bull market was able to grow. So only about 3 months from 266$,
and from the current high prices it may take longer than 3 months. But a pure bear market of 1 year could drive the price to
single digits, and that would be terrible. I hope the upcoming failed bull markets / bear markets won't last longer than 6 months.


You keep using that word. I do not think it means what you think it means
hero member
Activity: 564
Merit: 508
December 06, 2013, 06:32:30 AM
Disregard lucif at your peril. Smiley

I'm glad he still shares with us.

I'm glad too.
legendary
Activity: 2170
Merit: 1094
December 06, 2013, 06:31:50 AM
A pure bear market of 1 year would be terrible, you guys should think twice before saying that.
From April to July 2013 there were 3 failed bull markets, followed by bear markets that ended in capitulation at 50$,
80$ and 67$, and after that a fully developed bull market was able to grow. So only about 3 months from 266$,
and from the current high prices it may take longer than 3 months. But a pure bear market of 1 year could drive the price to
single digits, and that would be terrible. I hope the upcoming failed bull markets / bear markets won't last longer than 6 months.
sr. member
Activity: 252
Merit: 250
December 06, 2013, 06:31:48 AM
I'm glad as well, some great calls there, including the memorable 'I'm afraid we are going to the moon' at 145 breakout
N12
donator
Activity: 1610
Merit: 1010
December 06, 2013, 06:30:11 AM
Disregard lucif at your peril. Smiley

I'm glad he still shares with us.
hero member
Activity: 574
Merit: 506
December 06, 2013, 06:27:22 AM
amazing how pissed people are  Cheesy

I noticed too. Anyway, ML originally suggested, that we might see top between 2-4k before Christmas. What I do know, that I am not going all in before New Years Eve. This entire situation seems awfully familiar.
sr. member
Activity: 252
Merit: 250
December 06, 2013, 06:24:50 AM
Let's crucify lucif!!  Cheesy Cheesy Cheesy

Quote
I find he is falling back into his old pattern of wanting the market to do what he thinks it is going to do rather than using his considerable skills to read it.

Quote
Can see why some people didn't like you now.

Quote
Being bullish and bearish is OK but this such an obvious bullshit claim it's laughable.

Quote
utter bullshit.

legendary
Activity: 1050
Merit: 1000
December 06, 2013, 06:21:49 AM
amazing how pissed people are  Cheesy

I hope I didn't come around as pissed or ridiculing masterluc or bears in general. I am not pissed, I just have a different opinion. I wouldn't mind a bear market for a year or so,... shakes out the idiots that are in the boat "for the wrong reasons" very effectively.


I would love to have bear market for a year. Would give me a chance to keep increasing my stash.

I consider BTC as a game. If it goes to 0, ah well. But it is more likely to succeed in which case I may be able to retire on a beach with parties, booze and girls Grin

Regarding 'pissed', I think he was referencing Seleme. He always comes across in an abrasive way. I banned him from Worldcoinforums long back.
donator
Activity: 2772
Merit: 1019
December 06, 2013, 06:17:11 AM
amazing how pissed people are  Cheesy

I hope I didn't come around as pissed or ridiculing masterluc or bears in general. I am not pissed, I just have a different opinion. I wouldn't mind a bear market for a year or so,... shakes out the idiots that are in the boat "for the wrong reasons" very effectively.
hero member
Activity: 509
Merit: 500
Can't upload avatar
December 06, 2013, 06:11:30 AM
amazing how pissed people are  Cheesy

This is very worrying.

Also:
Quote
At the end of a major bull market, bears may very well be ridiculed.
hero member
Activity: 538
Merit: 500
December 06, 2013, 06:09:57 AM
amazing how pissed people are  Cheesy

Another sign that masterluc might be spot on.
sr. member
Activity: 252
Merit: 250
December 06, 2013, 06:00:31 AM
amazing how pissed people are  Cheesy
legendary
Activity: 1162
Merit: 1004
December 06, 2013, 05:58:19 AM

Exactly, utter bullshit. Predicting corrections, crashes etc.. is all OK if you have arguments for it but to claim such a huge thing on the top of Bitcoin's awareness is pathetic, lol.

It seems you have no idea of EWT. EWT does not analyse corrections and crashes only. It is an analysis of short and long waves and thus used as a basic for predictions, based on personal interpretations of the waves and the probabilities, which depends on how a waver is counting the waves.
donator
Activity: 2772
Merit: 1019
legendary
Activity: 2156
Merit: 1070
December 06, 2013, 05:39:19 AM
What exactly do you mean by 'end'? Value getting halved? double digits? pennies?
End of first historical bullish trend 2010-2013.

You just pissed some people off in this thread.

I actually agree with you regarding this particular rally.

However, there is absolutely no way anyone can say a bull market of 3 years is over. What does that even mean? Are you suggesting that when the price went from 32 to 2 that was a bull market? Because if you are, then where possibly could a bear market take us? To <$1.

I mean the premise is obsurd.  I think you are thinking too literally, staring at your charts, and are throwing basic common sense to the wind.
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
December 06, 2013, 05:38:03 AM

We are in a place analogue to the end of February now Smiley

image didnt load, but yes it somehow feels that way
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