"Mr. Bitcoin is about to go down big." - Jim Cramer

philipma1957

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Quote from: taufik123 on October 24, 2023, 02:25:24 AM

Quote from: Dave1 on October 23, 2023, 08:53:26 PM

-snip-
So we have to thank perma and anti-bitcoin like Jim, sometimes we need this kind of "entertainment" in the market.

Get entertainment while enjoying profits.
Jim Cramer is indeed a reliable entertainer LOL.

See in 2021 how he sold his Bitcoin holdings and now wants Bitcoin to go lower because he wants to get a cheaper price,
but in fact he was abandoned by Bitcoin and now Bitcoin reached a price of $35k++.

https://www.coindesk.com/markets/2023/10/11/mr-bitcoin-is-about-to-go-down-big-jim-cramer-expects-lower-prices/

Quote from: philipma1957 on October 23, 2023, 08:32:31 PM

he is a mad genius. I did a sale at 33333 today.

BTW, you sold at a unique price of 33333, how long did you place the order?
Maybe I will set a sell order at 111111,

I placed the order an hour after we dropped from 35000 at coinbase to 32800.

I placed a second order at 34343.40 at the same time. both cleared. I am USA based so the gains on these two sales will wash against my sales made last year at a loss.

I do have a 111111 sale order placed.

Ndabagi01

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I'd never heard of it before. So there's a guy named Inverse Cramer, and his predictions was completely contrary of what the market was working at. I'd never heard of this individual before, but his projections shouldn't sway many people unless they're ignorant of the bitcoin market and how it operates. Just assume this is just another speculative statement made to draw attention to himself rather than a prediction based on rigorous market inquiry. Things like these, and many more will be prominent as we approach the bull run season.

o48o

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Quote from: taufik123 on October 24, 2023, 02:25:24 AM

Quote from: Dave1 on October 23, 2023, 08:53:26 PM

-snip-
So we have to thank perma and anti-bitcoin like Jim, sometimes we need this kind of "entertainment" in the market.

Get entertainment while enjoying profits.
Jim Cramer is indeed a reliable entertainer LOL.

See in 2021 how he sold his Bitcoin holdings and now wants Bitcoin to go lower because he wants to get a cheaper price,
but in fact he was abandoned by Bitcoin and now Bitcoin reached a price of $35k++.

https://www.coindesk.com/markets/2023/10/11/mr-bitcoin-is-about-to-go-down-big-jim-cramer-expects-lower-prices/

Quote from: philipma1957 on October 23, 2023, 08:32:31 PM

he is a mad genius. I did a sale at 33333 today.

BTW, you sold at a unique price of 33333, how long did you place the order?
Maybe I will set a sell order at 111111,

Imagine having this kind of power as a reverse indicator. Anyone can get their predictions wrong, that's normal, but he is so consistent with his track record that it's just eerie.

I know people are laughing at him, but they are also making a lot of money by betting against him. I am not sure how he does it but this seems to be more accurate inverse indicator then anything i've seen. It might even be self fulfilling prophecy when enough people bet against him, and just by quick googling that seems to be a popular thing to do. I would imagine that this would end at some point. I am guessing that he might be betting against him as well. Although i recon that isn't legal.

Nrcewker

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I don’t believe in predictions to be honest. All i need is evidence and proofs that supports Bitcoins growth and for which it will force me to invest in it. According to the person Bitcoins should go down, but the reverse has happened. The sudden price increase was really unexpected, but many great Bitcoin enthusiasts already knew this was coming. Nevertheless when you invest big amount, you should always do the research yourself. Do your own analysis and make own profits.

pooya87

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People shouldn't care what some random person says on the internet (or anywhere else for that matter) and most of them don't. Specially when it is people who want to be seen and gain some publicity in a certain community.

By the way this is not a "pump", it is a very small rise after breaking a resistance while price is still under the intrinsic value...

karabiber

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Quote from: goaldigger on October 24, 2023, 05:54:10 PM

This might be an old news but it can still happen since the price pumps so high in just a short period of time and we all know, whales will always take profit. Let’s just hope that Bitcoin will still hold at the level of $30k before the year end so we can have a good price to look for by next year. The current trend might be the start to end the long bear trend, maybe its about time now for us to be optimistic and start accumulating again.

If we look at the fundamental analysis, on the one hand, the Etf approval rumor, on the other hand, the war in the Middle East and its global effects create speculation on Bitcoin. If the Etf approval does not materialize, a consolidation is inevitable, which most technical analysis tools show. I think Bitcoin is holding on to the 30k $ band and will remain horizontal in this area.
However, the expected ETF approval is now certain to come in January. My prediction is that Btc will be over 35k $ by the end of the year and priced at 45k $ when the Etf news is realized. Considering that the halving will take place in April, it would not be a surprise to expect a new ath in 2024. I think the 100k $ limit will be exceeded in 2025.

taufik123

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Quote from: kawetsriyanto on October 24, 2023, 05:42:15 PM

-snip-
Everyone can make a unique price for selling Bitcoin, it is easy. We just need to set the selling price with a certain number, it can be 33333 or 44444 or another else. However, I never think to sell with a unique price. I prefer to sell at the optimum price that looks possible for the next pump. I've heard about the possibility of Bitcoin to raise to $35k several days ago. So, I set the selling price around $34,xxx, today it was sold already.

It's just for fun, selling unique numbers to make it a memorable moment.
Selling at the optimal price should certainly be done depending on how many targets you want to achieve.
My target for the next ATH is $100k and I'm going over with a unique number of $111,111 or something else.

The most important thing is not about the unique number,
but whether you can hold on to the target price or will only sell at the beginning due to psychological pressure.

Congratulations now you sold at $34k and that could be a good profit.
Maybe there will be more purchases if there are some price corrections.

Quote from: goaldigger on October 24, 2023, 05:54:10 PM

This might be an old news but it can still happen since the price pumps so high in just a short period of time and we all know, whales will always take profit. Let’s just hope that Bitcoin will still hold at the level of $30k before the year end so we can have a good price to look for by next year. The current trend might be the start to end the long bear trend, maybe its about time now for us to be optimistic and start accumulating again.

Hoping to stay above $30k is certainly a good point to reach the next bull run.
The support for the $30k price looks strong, that is the point of a flip trend or reversal.
If that stays in place until the end of the year, we will see even higher prices, the halving will drive it.

mirakal

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Quote from: headingnorth on October 21, 2023, 02:46:16 PM

The Inverse Cramer effect strikes again!

October 11 Jim Cramer said on CNBC "I can’t go out with bitcoin because I can’t be in something where Mr. Bitcoin is about to go down big.”

Just two days later bitcoin did the opposite and pumped like crazy.

Whenever Mr. Inverse Cramer opens his mouth about Mr. Bitcoin I know it is a great time to buy in big. Cheesy

Mr. Cramer obviously doesn't know what he's talking about. His perceptions about bitcoin are totally different from the reality about bitcoin. That's the reason why every time he opens his mouth on his bitcoin predictions, the opposite thing will happen.

However, if we analyze it closely, would it be that all what he is showing to all of us are part of the show? Know that he's a well-known celebrity that can influence millions of people, so if majority of his audience will agree on him, that means his show will also come out successful and top rating. And to think that he said that bitcoin is about to go down big in the time that bitcoin halving is near to happen, so that means he is obviously stating the ironic way. And only those people who don't really understand bitcoin will definitely favor his side and his own points of view.

goaldigger

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This might be an old news but it can still happen since the price pumps so high in just a short period of time and we all know, whales will always take profit. Let’s just hope that Bitcoin will still hold at the level of $30k before the year end so we can have a good price to look for by next year. The current trend might be the start to end the long bear trend, maybe its about time now for us to be optimistic and start accumulating again.

kawetsriyanto

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Quote from: philipma1957 on October 23, 2023, 08:32:31 PM

he is a mad genius. I did a sale at 33333 today.

You're must be kidding, mate. Grin

I think you're not a type of person who easily sell your Bitcoin.
Today, Bitcoin could pass $35k, and now it still survives around $33,7k. If you want to sell your Bitcoin, it should be around $34k-$35k. But I still assume you don't need to sell your Bitcoin, you probably hold until its new ATH. You're a long term investor, right?

Quote from: taufik123 on October 24, 2023, 02:25:24 AM

BTW, you sold at a unique price of 33333, how long did you place the order?
Maybe I will set a sell order at 111111,

Everyone can make a unique price for selling Bitcoin, it is easy. We just need to set the selling price with a certain number, it can be 33333 or 44444 or another else. However, I never think to sell with a unique price. I prefer to sell at the optimum price that looks possible for the next pump. I've heard about the possibility of Bitcoin to raise to $35k several days ago. So, I set the selling price around $34,xxx, today it was sold already.

tabas

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I guess this type of indicator is still the most effective of them all. Whenever these skeptics that are saying something negative about Bitcoin, the opposite happens. How many times did we saw this in the past? That whenever they say something that's against to us, the market reacts oppositely to what they have exactly said. So, if there is something new he say about bitcoin going this high and crazy price in the point of time, then we shall see the opposite reaction again by it.

Quote from: philipma1957 on October 23, 2023, 08:32:31 PM

I did a sale at 33333 today.

Congrats, can buy back now again. Cheesy

flyingcarpet

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Quote from: Dave1 on October 23, 2023, 08:53:26 PM

Quote from: philipma1957 on October 23, 2023, 08:32:31 PM

he is a mad genius. I did a sale at 33333 today.

Congrats, on your sale mate.

As for Jim Cramer, yeah, if he makes predictions, the opposite is going to happen so it's better to really counter most of his self proclaim prophecy on bitcoin itself. On the other hand, if he did make another bold claims, then for sure expect another huge gains. Cheesy

So we have to thank perma and anti-bitcoin like Jim, sometimes we need this kind of "entertainment" in the market.

Congratulations on your sale. I think there are people in every country that we should do the opposite of what they say

There are all kinds of people in the market, and some people's words often turn out to be the exact opposite. There are people like this in my country, too, and there are many answers to their every word. Such things in the market keep people entertained in boring times. We all spend most of our time in front of the computer, so we need such entertainment from time to time.

Mahanton

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Quote from: savetheFORUM on October 24, 2023, 11:20:21 AM

Quote from: Obim34 on October 21, 2023, 07:02:33 PM

Spare me with all this assumptions and predictions, they are not doing any good to my Bitcoin journey. I buy according to my investment strategy and I also know when to buy, how to buy, how to hold and when the time comes to sell.
So many persons has placed predictions and it always turns out false, don't let the sweet talks rule you blindly.

Following your own method or strategy to buy and sell is the right thing to do, of course. Don't even take the statements of anyone very seriously, listen to them all, and see how the market reacts to them or don't, but don't base your decisions on what someone might say about Bitcoin or any other cryptocurrency, be it positive or negative. Since people don't react as much as they used to do before, negative statements and FUD don't affect the market much these days unless it's something that actually happens and everyone sees it happening, then that might cause panic.

Wise people say that you should listen to everyone, but do only what you think is the right thing to do, and this thing applies everywhere, even in the cryptocurrency market because there are a lot of so-called experts in this industry that will leave no opportunity to misguide you but you need to be careful.

We are all speculators on here on this space on which it is really that common or normal that you would really be hearing out different sentiments and approaches towards Bitcoins price or in overall market condition on which it would really be just not that recommended that you would really be just simply following on what others been telling. Yes, the price could possibly go down but in overall we do know that this market could really be just only have that two possible path to take on which it could neither be that up or own. Common sensely saying that when it comes to price movement then if there's upward movement then there would really be downward which it is really that typical to happen.It do really just turns out that there would really be other technical approach in regarding on how deep would be the rise or the dump.TA cant really be that precise as always but its something that would really be that relevant if you do really know on how to read up charts.

Sentiments and news are common but just like been said that nothing beats out on following just on your own and dont get easily be influenced with those external speculations
made by those so called experts or popular people which it wont really be that something worth i should say.

savetheFORUM

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Quote from: Obim34 on October 21, 2023, 07:02:33 PM

Spare me with all this assumptions and predictions, they are not doing any good to my Bitcoin journey. I buy according to my investment strategy and I also know when to buy, how to buy, how to hold and when the time comes to sell.
So many persons has placed predictions and it always turns out false, don't let the sweet talks rule you blindly.

Following your own method or strategy to buy and sell is the right thing to do, of course. Don't even take the statements of anyone very seriously, listen to them all, and see how the market reacts to them or don't, but don't base your decisions on what someone might say about Bitcoin or any other cryptocurrency, be it positive or negative. Since people don't react as much as they used to do before, negative statements and FUD don't affect the market much these days unless it's something that actually happens and everyone sees it happening, then that might cause panic.

Wise people say that you should listen to everyone, but do only what you think is the right thing to do, and this thing applies everywhere, even in the cryptocurrency market because there are a lot of so-called experts in this industry that will leave no opportunity to misguide you but you need to be careful.

Vaculin

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Quote from: Poker Player on October 21, 2023, 11:08:15 PM

In a funny way we can take his predictions as a contrarian indicator but they are actually part of the show. Someone who keeps making predictions is going to be wrong on some of them, it's how he makes them that generates controversy, but it's to attract an audience. I'm not the least bit concerned about what he says. I'm more concerned about what will happen after spring halving next year.

We all know everything is scripted, and to make the show more interesting and appealing to the audience, then attacking bitcoin despite of how some defended it is actually a good move for Cramer. Now, because of his wrong prediction and perception about bitcoin, a lot of his audience have even develop the interest to know more about bitcoin. Thanks to his post actually because bitcoin has seen making a sudden significant price increase totally opposite from his own prediction.

This is one proof that bitcoin cannot be controlled or manipulated by what other people say. In fact, the opposite thing happened making the whole world totally amazed with how bitcoin moves mysteriously.

taufik123

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Quote from: Dave1 on October 23, 2023, 08:53:26 PM

-snip-
So we have to thank perma and anti-bitcoin like Jim, sometimes we need this kind of "entertainment" in the market.

Get entertainment while enjoying profits.
Jim Cramer is indeed a reliable entertainer LOL.

See in 2021 how he sold his Bitcoin holdings and now wants Bitcoin to go lower because he wants to get a cheaper price,
but in fact he was abandoned by Bitcoin and now Bitcoin reached a price of $35k++.

https://www.coindesk.com/markets/2023/10/11/mr-bitcoin-is-about-to-go-down-big-jim-cramer-expects-lower-prices/

Quote from: philipma1957 on October 23, 2023, 08:32:31 PM

he is a mad genius. I did a sale at 33333 today.

BTW, you sold at a unique price of 33333, how long did you place the order?
Maybe I will set a sell order at 111111,

bbc.reporter

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Quote from: Dave1 on October 23, 2023, 08:53:26 PM

Quote from: philipma1957 on October 23, 2023, 08:32:31 PM

he is a mad genius. I did a sale at 33333 today.

Congrats, on your sale mate.

As for Jim Cramer, yeah, if he makes predictions, the opposite is going to happen so it's better to really counter most of his self proclaim prophecy on bitcoin itself. On the other hand, if he did make another bold claims, then for sure expect another huge gains. Cheesy

So we have to thank perma and anti-bitcoin like Jim, sometimes we need this kind of "entertainment" in the market.

He is not always against bitcoin and the cryptospace. He also becomes bullish and announces his bullishness when the market begins to be on a correction.

If you want close to 100% market timing to sell your coins, wait for Jim Cramer to announce that he is bullish on cryptocoins hehehehe.

Dave1

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Quote from: philipma1957 on October 23, 2023, 08:32:31 PM

he is a mad genius. I did a sale at 33333 today.

Congrats, on your sale mate.

As for Jim Cramer, yeah, if he makes predictions, the opposite is going to happen so it's better to really counter most of his self proclaim prophecy on bitcoin itself. On the other hand, if he did make another bold claims, then for sure expect another huge gains. Cheesy

So we have to thank perma and anti-bitcoin like Jim, sometimes we need this kind of "entertainment" in the market.

philipma1957

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he is a mad genius. I did a sale at 33333 today.

STT

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I like that chart but if we take the lows as more reliable gauge then the peaks in prices and both a mirror of each other then we can still pullback to 28k and be within that bullish trend.
Cramer saying yay or nay is not much, he is mostly just warning his audience not to get carried away and maybe he should be talking about allocation rather then absolute calls for or against.
Lets pretend a universe where Cramer could be right and still within the boundaries of true to the trend. We might lose 10% say, that would fit the narrative of a pullback that confirms the break as per that chart ie. quite a normal thing to happen. BTC is volatile and people should be ready for that to occur, all of that is a mouthful vs just pressing a sound effect button and saying no.

Topic: "Mr. Bitcoin is about to go down big." - Jim Cramer (Read 361 times)