Roll up, roll up!
Getcha cheap Bitcoins.
Only$455$433, reduced from $472 (and counting)!
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Fixed that.
Topic: Lose all your capital fast, with MatTheCat and his TA 101A! - page 60. (Read 85774 times)
Fixed that.
MatThePussy, you are a mignon penny trader! Hoard BTC, sit on them for 2-3 years and sell them for more than 500% profit!
This is my non technical, non pro trader tip. Fingers crossed but I can't see this method failing.
Roll up, roll up!
Getcha cheap Bitcoins.
Only $455, reduced from $472 (and counting)!
lol.
Getcha cheap Bitcoins.
Only $455, reduced from $472 (and counting)!
lol.
This is my only logical reasoning I can put together for why China did not want to follow the west in the original BTC rise:
If you put the pieces of the puzzle together, China did not want to follow or support the Bitcoin rise initiated by the west and just tried to stop it with a shakeout. When China has more miners than the US by far, there's not many logical reasons they would do this. I'm thinking China may actually have bought a bunch of Eth and wants to find someone to dump it on before the BTC halving so they attempted to slow the BTC bull run on purpose.
Sure, whatever.
Whenever Bitcoin goes up, it is due to natural organic demand and whenever it goes down it is due to manipulation? How about, there is no reason for Bitcoin to go up (including halving pump), or down without significant market engineering being conducted by large capital who are seeking to extract wealth from this market?
What time is it in Beijing anyways? 9pm when the dump happened? Is that a 'normal' time for Insitutional money to do business?
It just so happens however, that the dump happened at 9am New York time, do the fucking maths ya bellend.
MatThePussy, you are a mignon penny trader! Hoard BTC, sit on them for 2-3 years and sell them for more than 500% profit!
This is my only logical reasoning I can put together for why China did not want to follow the west in the original BTC rise:
If you put the pieces of the puzzle together, China did not want to follow or support the Bitcoin rise initiated by the west and just tried to stop it with a shakeout. When China has more miners than the US by far, there's not many logical reasons they would do this. I'm thinking China may actually have bought a bunch of Eth and wants to find someone to dump it on before the BTC halving so they attempted to slow the BTC bull run on purpose.
Roll up, roll up!
Who cares, a $10 drop. It was China trying to sweep the longs out because they didn't want anyone long during the rise. It's a pointless move since all the longs will pile back in anyway.
Supprt Trend line 1 is down at $440,
Supprt Trend line 2 is down at $430,
and maybe, just maybe, Bitcoin will take them both out. I will be ruling nothing out.
This market will be pushed in the direction of where the easiest liquidity is to be found, and right now, there must be a whole bunch of leveraged longs biting their nails, if not already flushed out. Certainly the big red dildo on OKCoin 3Monfuts, suggests to me a massive liquidation event.
Roll up, roll up!
Who cares, a $10 drop. It was China trying to sweep the longs out because they didn't want anyone long during the rise. It's a pointless move since all the longs will pile back in anyway.
Is this the worst TA thread on the forum? Certainly the most blinkered, one view thread any way. Must be a poster that went all in at the ATH or something.
Roll up, roll up!
Getcha cheap Bitcoins.
Only $455, reduced from $472 (and counting)!
lol.
Getcha cheap Bitcoins.
Only $455, reduced from $472 (and counting)!
lol.
it looks more likely than not to break on this third attempt and overrun on stoploss and fomo buying to 600ish
I would prefer if Mat fomo bought at the very top of the 2016 bubble somewhere between $1600-$3200
Quite pleased to read Matt is not in. He is right that finex longs are eye wateringly high. But that doesn't mean that the price will not break resistance here, potentially setting off a mania and mini bubble into which long interest can drop back. Wall of worry, remember.
As long as you are not leveraged you will still have the same number of bitcoins if the price rises or corrects. Short term trading is a fool's game. Riding the big waves (should they occur) is all that is required to increase your wealth.
it looks more likely than not to break on this third attempt and overrun on stoploss and fomo buying to 600ish
I would prefer if Mat fomo bought at the very top of the 2016 bubble somewhere between $1600-$3200. Although most people's estimates of price for if an actual bubble occurs in the industry seems to be higher than mine.
I amn't counting on anything and can't say for sure that halving pump is a definite, but all signs point towards it being likely.
You're always looking for stupid 4 hour trades. Take some ADHD medicine or something and you might stop losing money. If you don't believe Bitcoin is about to rocket, you should probably slap yourself in the face several times:
I'd certainly suggest stepping back from things for the time being Mat, you're too emotionally invested in being right and very vulnerable to a "fuck it" fomo entry with weak hands.
I've been trading derivatives for a long time now and I treat Bitcoin as just another underlying instrument. I possess BTC on a separate fundamental/emotional basis, but my in and out trading is purely technical with longs mainly dating from the November break of ~320, which confirmed for me the establishment of a base.
Higher lows since then support the view imo that, although 465-500 is a resistance level, it looks more likely than not to break on this third attempt and overrun on stoploss and fomo buying to 600ish before becoming overbought, from where I'll scale up profit take up to maybe 50% of my long, looking to replace on a confirming retrace to ~500.
If these previous highs do hold, I would only say that it would qualify as a top formation if the March lows of 400 break soon, where I'd probably dump 50% and if the Feb lows ~363 are broken then I'd think about stopping out the rest, still with an average profit and walking away, although I'd still keep some "physical" coin for the sake of it.
I amn't counting on anything and can't say for sure that halving pump is a definite, but all signs point towards it being likely.
You're always looking for stupid 4 hour trades. Take some ADHD medicine or something and you might stop losing money. If you don't believe Bitcoin is about to rocket, you should probably slap yourself in the face several times:
Let's break out the list:
1) Because it's literally a free money asymmetric trade, which is why the price is going up. The odds of losing are far lower than gaining.
2) There are only two monetary instruments on earth immune to cascading deflationary collapse of fractional reserve fiat from debts and loans going bad: Bitcoin and Metals.
3) If I buy gold, it has less utility than Bitcoin. Where can I spend gold? Nowhere. All I can do with gold is mail it back to the gold dealer for 90% or less of what I paid for it. Bitcoin utility is currently higher than gold for most people, yet the market cap is zilch. Expect a correction to occur with Bitcoin market cap increasing because this is a truely distorted market if the tiny market cap asset has more acceptance and utility than the huge market cap one.
4) Market cap is determined by market makers and market makers plan to raise the price. People don't build 100 million dollar mining facilities and then let the price be determined by sheer luck or fate.
5) Bitcoin moves in bubbles and there was an extremely long bear market accumulation period with observable hard floors. Whenever a long accumulation period occurs on an actual liquid asset, the price explodes afterwards. If you think Bitcoin is not going to see big moves, you are mistaken.
6) The inflation rate is going from 8% to 4%, so it's actually a real currency now instead of some hyperinflating bullshit.
1) Because it's literally a free money asymmetric trade, which is why the price is going up. The odds of losing are far lower than gaining.
2) There are only two monetary instruments on earth immune to cascading deflationary collapse of fractional reserve fiat from debts and loans going bad: Bitcoin and Metals.
3) If I buy gold, it has less utility than Bitcoin. Where can I spend gold? Nowhere. All I can do with gold is mail it back to the gold dealer for 90% or less of what I paid for it. Bitcoin utility is currently higher than gold for most people, yet the market cap is zilch. Expect a correction to occur with Bitcoin market cap increasing because this is a truely distorted market if the tiny market cap asset has more acceptance and utility than the huge market cap one.
4) Market cap is determined by market makers and market makers plan to raise the price. People don't build 100 million dollar mining facilities and then let the price be determined by sheer luck or fate.
5) Bitcoin moves in bubbles and there was an extremely long bear market accumulation period with observable hard floors. Whenever a long accumulation period occurs on an actual liquid asset, the price explodes afterwards. If you think Bitcoin is not going to see big moves, you are mistaken.
6) The inflation rate is going from 8% to 4%, so it's actually a real currency now instead of some hyperinflating bullshit.
Price keeps butting it's head against $470, which is has been the resistance point for quite some time now. Matt, if you really believe it's going to pump this summer it makes diddly shit difference if you got in at $420 or $470. If you have no freakin clue, just stay out - it's much better to miss a pump and not lose money than to lose money on a pump that doesn't happen.
If BTC goes back down to $420, then that is about a 10% correction...that is a horrendous move to be on the wrong side off and a great move to be on the right side off.
I amn't counting on anything and can't say for sure that halving pump is a definite, but all signs point towards it being likely.
Bitcoin looks like it will fail on this round of asking to break through the $475 area, it will most likely correct, possibly heavily, but I expect it to rebound off a support level, consolidate, and then gradually march right back up the charts, and on the next round of asking, BTC I imagine, will punch right through $475.
So my plan is to look for long setups off either of a number of trendlines which may proves themselves as support.
Bitcoin has value, cos it can be changed into USD, which is money cos it is the IOU of the USA, by far the most powerful country on the face of the planet.
This is the stuff you read from primitive, low IQ, couch potatoes around 50-70 on Facebook that can barely figure out how to turn a computer on. The currency system that exists is not run as a function to empower the state. It was the opposite, the banks took over the state. So even if you believe garbage like this, you've already debunked yourself using and endorsing Federal Reserve notes. All of your arguments seem to come back to the inescapable point that you choose to be a banker's indentured servant on purpose. Unless you wilfully choose to boycott their system as much as humanly possible, this will always be the case.
This is the kind of stuff you read from shills appealing to low IQ couch potatoes.
You are nothing more than a shill.
You have already been identified as the banker shill account named "Talks_Cheep", so your reverse psychology tactic doesn't work very well.
No, I have not "been identified" I am the original account holder - and you are a part of the brainwashing machine of bitcoin, louder than hell when the price is spiking, quiet when the price is dumping.
Bitcoin has value, cos it can be changed into USD, which is money cos it is the IOU of the USA, by far the most powerful country on the face of the planet.
This is the stuff you read from primitive, low IQ, couch potatoes around 50-70 on Facebook that can barely figure out how to turn a computer on. The currency system that exists is not run as a function to empower the state. It was the opposite, the banks took over the state. So even if you believe garbage like this, you've already debunked yourself using and endorsing Federal Reserve notes. All of your arguments seem to come back to the inescapable point that you choose to be a banker's indentured servant on purpose. Unless you wilfully choose to boycott their system as much as humanly possible, this will always be the case.
This is the kind of stuff you read from shills appealing to low IQ couch potatoes.
You are nothing more than a shill.
You have already been identified as the banker shill account named "Talks_Cheep", so your reverse psychology tactic doesn't work very well.
Bitcoin has value, cos it can be changed into USD, which is money cos it is the IOU of the USA, by far the most powerful country on the face of the planet.
This is the stuff you read from primitive, low IQ, couch potatoes around 50-70 on Facebook that can barely figure out how to turn a computer on. The currency system that exists is not run as a function to empower the state. It was the opposite, the banks took over the state. So even if you believe garbage like this, you've already debunked yourself using and endorsing Federal Reserve notes. All of your arguments seem to come back to the inescapable point that you choose to be a banker's indentured servant on purpose. Unless you wilfully choose to boycott their system as much as humanly possible, this will always be the case.
This is the kind of stuff you read from shills appealing to low IQ couch potatoes.
You are nothing more than a shill.
Bitcoin has value, cos it can be changed into USD, which is money cos it is the IOU of the USA, by far the most powerful country on the face of the planet.
This is the stuff you read from primitive, low IQ, couch potatoes around 50-70 on Facebook that can barely figure out how to turn a computer on. The currency system that exists is not run as a function to empower the state. It was the opposite, the banks took over the state. So even if you believe garbage like this, you've already debunked yourself using and endorsing Federal Reserve notes. All of your arguments seem to come back to the inescapable point that you choose to be a banker's indentured servant on purpose. Unless you wilfully choose to boycott their system as much as humanly possible, this will always be the case.
Price keeps butting it's head against $470, which is has been the resistance point for quite some time now. Matt, if you really believe it's going to pump this summer it makes diddly shit difference if you got in at $420 or $470. If you have no freakin clue, just stay out - it's much better to miss a pump and not lose money than to lose money on a pump that doesn't happen.
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