Author

Topic: Analysis - page 307. (Read 941596 times)

Han
newbie
Activity: 40
Merit: 0
December 06, 2013, 05:35:06 AM
What exactly do you mean by 'end'? Value getting halved? double digits? pennies?
End of first historical bullish trend 2010-2013.

Does this mean you sold off the last 20% of your coins, masterluc?
legendary
Activity: 2772
Merit: 1028
Duelbits.com
December 06, 2013, 04:56:34 AM
What exactly do you mean by 'end'? Value getting halved? double digits? pennies?
End of first historical bullish trend 2010-2013.

I disagree. The recent corrections range from healthy after-hyperbole "normal market" corrections to media-driven overreaction (china central bank). Technically double-top (1250 gox) is bad, but we also have double bottom (850 gox). I think we will enter huge triangle between 850 and 1250 which will take some time to resolve. Maybe around January we will exit to the upside and go for 2-3k in Q1 2014.


This.

I really enjoy Lucif's technical analysis, but most recently 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. As far as I can tell there is absolutely no justification, especially from a fundamental perspective of why we would all of a sudden see a turn around of 4 years of adoption curve/ price increase. I would love to hear however why I am wrong.

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.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
December 06, 2013, 04:52:38 AM
Lol, 2 weeks ago we were in wave 3 and now suddenly it is the end of 3 years bullish trend.

Enjoyed your analysis but it looks you started to think you're bigger than you really are and want people to fail on such obvious bullshit claims and bring market where you want it. Can see why some people didn't like you now.

Being bullish and bearish is OK but this such an obvious bullshit claim it's laughable.
hero member
Activity: 509
Merit: 500
Can't upload avatar
December 06, 2013, 04:22:33 AM
What exactly do you mean by 'end'? Value getting halved? double digits? pennies?
End of first historical bullish trend 2010-2013.

I disagree. The recent corrections range from healthy after-hyperbole "normal market" corrections to media-driven overreaction (china central bank). Technically double-top (1250 gox) is bad, but we also have double bottom (850 gox). I think we will enter huge triangle between 850 and 1250 which will take some time to resolve. Maybe around January we will exit to the upside and go for 2-3k in Q1 2014.


This.

I really enjoy Lucif's technical analysis, but most recently 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. As far as I can tell there is absolutely no justification, especially from a fundamental perspective of why we would all of a sudden see a turn around of 4 years of adoption curve/ price increase. I would love to hear however why I am wrong.

I think he is using his skills. He is talking about waves and technical indicators.

I think it is hard to say that we are at top or not. From Elliott wave principle
Quote
Wave A: Corrections are typically harder to identify than impulse moves. In wave A of a bear market, the fundamental news is usually still positive. Most analysts see the drop as a correction in a still-active bull market.

It is good to be cautious in these times. Not to take part of the profits out now, it seems silly to me.
legendary
Activity: 1288
Merit: 1000
Enabling the maximal migration
December 06, 2013, 04:05:38 AM
What exactly do you mean by 'end'? Value getting halved? double digits? pennies?
End of first historical bullish trend 2010-2013.

I disagree. The recent corrections range from healthy after-hyperbole "normal market" corrections to media-driven overreaction (china central bank). Technically double-top (1250 gox) is bad, but we also have double bottom (850 gox). I think we will enter huge triangle between 850 and 1250 which will take some time to resolve. Maybe around January we will exit to the upside and go for 2-3k in Q1 2014.


This.

I really enjoy Lucif's technical analysis, but most recently 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. As far as I can tell there is absolutely no justification, especially from a fundamental perspective of why we would all of a sudden see a turn around of 4 years of adoption curve/ price increase. I would love to hear however why I am wrong.
legendary
Activity: 1162
Merit: 1004
December 06, 2013, 04:02:37 AM

Also add daily MACD cross here. Taking all that I give 20% chance that rally will continue.

I bet 1 Coin on the 20% chance.
donator
Activity: 2772
Merit: 1019
December 06, 2013, 03:56:11 AM
What exactly do you mean by 'end'? Value getting halved? double digits? pennies?
End of first historical bullish trend 2010-2013.

I disagree. The recent corrections range from healthy after-hyperbole "normal market" corrections to media-driven overreaction (china central bank). Technically double-top (1250 gox) is bad, but we also have double bottom (850 gox). I think we will enter huge triangle between 850 and 1250 which will take some time to resolve. Maybe around January we will exit to the upside and go for 2-3k in Q1 2014.
hero member
Activity: 564
Merit: 508
December 06, 2013, 03:55:04 AM
What exactly do you mean by 'end'? Value getting halved? double digits? pennies?
End of first historical bullish trend 2010-2013.

Why not shorting, then?

He sold 80% of his stash if that counts.

Understood that.
What makes me wonder is sitting and waiting 3 years.
legendary
Activity: 1050
Merit: 1000
December 06, 2013, 03:53:06 AM
What exactly do you mean by 'end'? Value getting halved? double digits? pennies?
End of first historical bullish trend 2010-2013.

Why not shorting, then?

He sold 80% of his stash if that counts.
hero member
Activity: 564
Merit: 508
December 06, 2013, 03:35:32 AM
What exactly do you mean by 'end'? Value getting halved? double digits? pennies?
End of first historical bullish trend 2010-2013.

Why not shorting, then?
hero member
Activity: 686
Merit: 500
December 06, 2013, 03:27:26 AM
What exactly do you mean by 'end'? Value getting halved? double digits? pennies?
End of first historical bullish trend 2010-2013.
you just blew my mind. i feel like i just got punched in the stomach.
legendary
Activity: 1050
Merit: 1000
December 06, 2013, 12:55:44 AM
What exactly do you mean by 'end'? Value getting halved? double digits? pennies?
End of first historical bullish trend 2010-2013.

Wow - thats a HUGE doom & gloom prediction.

*nervosuly bites his nails holding onto his paltry BTCs*
legendary
Activity: 1011
Merit: 1006
December 06, 2013, 12:48:34 AM
masterluc

Should we expect massive rebound(s) after a current breakup? I mean rebounds we observed after popping all previous btc-bubbles. I think we should accept that the market has changed last year and especially last two months. Sharks everywhere and making easy money off the bitcoin isn't as easy as it was months and years ago.
legendary
Activity: 938
Merit: 1013
December 06, 2013, 12:47:27 AM
What exactly do you mean by 'end'? Value getting halved? double digits? pennies?
End of first historical bullish trend 2010-2013.
legendary
Activity: 1050
Merit: 1000
December 06, 2013, 12:40:02 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".

What exactly do you mean by 'end'? Value getting halved? double digits? pennies?
newbie
Activity: 30
Merit: 0
December 06, 2013, 12:36:08 AM


I'm sorry. $13.5 was price at the begging of the year. It is $1100 now => 8,148 %  ( WTF is your trading ? ) ... BUY & HOLD & LEARN


You don't make extra coins by holding you make extra coins by selling at the right moment and buying back in at the right moment. If you bought say 300 coins at $13.5 as you say and held till now you would only have 300 coins but if you sold at the highs and bought at the lows your accumulation could be infinite. wtf is your trading?

There is something to be said about a person like you who tries to give lessons to another when talking in hindsight.

wtf are you doing in an analysis thread giving advice if your whole strategy revolves around buy and hold anyway?

If you would have read my other posts you would have seen I spotted 1240 as being my sell point which was 100% accurate and I now have more coins than if I hadn't sold and just held per your advice. If I took your advice my wallet would be much thinner.


https://www.tradingview.com/x/FQbc35jC/


newbie
Activity: 13
Merit: 0
December 06, 2013, 12:30:29 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".

I don't know about "the end", but I have to agree. Things are starting to look not nice.
hero member
Activity: 574
Merit: 500
December 06, 2013, 12:19:43 AM
Next entering point for me is in 2016-2017 year.
Why so far?

has the ratio on btc/fiat he want based on his outlook on the current market trend.
legendary
Activity: 938
Merit: 1013
December 06, 2013, 12:19:22 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".
newbie
Activity: 4
Merit: 0
December 06, 2013, 12:08:37 AM
Next entering point for me is in 2016-2017 year.
Why so far?
Jump to: