Topic: Nights Watch by Afrikoin - page 124. (Read 303310 times)
Right down to 780... Afrikoin.. you're good.
Looks like someone is prepping us for a pump in March - pre- WinkleVi ETF
Needham report indicator
Report: Bitcoin ETF Could Amass $300 Million in Assets (If Approved)
http://www.coindesk.com/needham-bitcoin-etf-attract-300-million-assets-approved/
Needham report indicator
Report: Bitcoin ETF Could Amass $300 Million in Assets (If Approved)
http://www.coindesk.com/needham-bitcoin-etf-attract-300-million-assets-approved/
Ladies and Gentlemen. Bitcoi has grown up!
Proof of Life: http://www.coindesk.com/julian-assange-just-read-bitcoin-block-hash-prove-alive/
Wikileaks founder Julian Assange used data from the blockchain as a "proof of life" during a Reddit ask-me-anything session today.
For months, some of Assange's ardent Internet fans have been theorizing that he had died. However, Assange responded in a livestreamed talk, calling the theories "silly" and confirming that the video wasn't prerecorded by reading off the most recent block hash (a string of letters and numbers, unique to block 447506 on the bitcoin blockchain).
Assange said in the talk:
"Thinking about real-time proof-of-life, intellectually the most interesting one is to take the most recent block in the bitcoin blockchain."
The idea is that as a bitcoin block hash is hard to produce, taking a global network of powerful computers to calculate it in an average interval of 10 minutes, it would be almost impossible to guess the string of letters and numbers.
Proof of Life: http://www.coindesk.com/julian-assange-just-read-bitcoin-block-hash-prove-alive/
Wikileaks founder Julian Assange used data from the blockchain as a "proof of life" during a Reddit ask-me-anything session today.
For months, some of Assange's ardent Internet fans have been theorizing that he had died. However, Assange responded in a livestreamed talk, calling the theories "silly" and confirming that the video wasn't prerecorded by reading off the most recent block hash (a string of letters and numbers, unique to block 447506 on the bitcoin blockchain).
Assange said in the talk:
"Thinking about real-time proof-of-life, intellectually the most interesting one is to take the most recent block in the bitcoin blockchain."
The idea is that as a bitcoin block hash is hard to produce, taking a global network of powerful computers to calculate it in an average interval of 10 minutes, it would be almost impossible to guess the string of letters and numbers.
Perhaps the 38.2% fib is a reasonable level for the end of C.
Then a final 5th wave on the higher fractal upto $1100 again?
Wild guess here
Then a final 5th wave on the higher fractal upto $1100 again?
Wild guess here
this just happened!
woo hoo!
Meaning? Where next?
Perhaps the 38.2% fib is a reasonable level for the end of C.
Then a final 5th wave on the higher fractal upto $1100 again?
Wild guess here
Then a final 5th wave on the higher fractal upto $1100 again?
Wild guess here
this just happened!
woo hoo!
EVERYONE IN THE BITCOIN MEDIA PROBABLY OWNS BITCOIN
Reporters traditionally aren’t supposed to have a financial stake in their subject.
https://theoutline.com/post/845/everyone-in-the-bitcoin-media-probably-owns-bitcoin?utm_content=buffer7ab46&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
http://i.imgur.com/ylLEmVy.png
Reporters traditionally aren’t supposed to have a financial stake in their subject.
https://theoutline.com/post/845/everyone-in-the-bitcoin-media-probably-owns-bitcoin?utm_content=buffer7ab46&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
http://i.imgur.com/ylLEmVy.png
If we hit a Bitcoin price rebound, many large shorts will be squeezed in the next 24 hrs. I believe there is a hidden systemic shortage.
https://mobile.twitter.com/VinnyLingham/status/817578346519244800
Vinny Lingham, not a TA guy though.
https://mobile.twitter.com/VinnyLingham/status/817578346519244800
Vinny Lingham, not a TA guy though.
This didn't really play out, did it? "large shorts" being liquidated should've meant more upside, no?
I also believe in a hidden systemic shortage, though: the lingering effects of the halving.
Good call by Vinny, till now that is.
Are we making a nice handle here?
Are we making a nice handle here?
If we hit a Bitcoin price rebound, many large shorts will be squeezed in the next 24 hrs. I believe there is a hidden systemic shortage.
https://mobile.twitter.com/VinnyLingham/status/817578346519244800
Vinny Lingham, not a TA guy though.
https://mobile.twitter.com/VinnyLingham/status/817578346519244800
Vinny Lingham, not a TA guy though.
Updated my BTC correction chart - I had to adjust the Fibonacci retracement overlay. 800 BTC/USD is the most important support.
If price stay above that support line, it will recover more quickly.
If price drops below 800 USD, retracement is higher than 50% and further losses are more likely.
$800 seems to be decent support. lets hope she holds for a few days and confirms the bull is still on
ps: not mine
EW thread
https://bitcointalksearch.org/topic/m.17342036
0 is the start of the impulse. so 0 to 1 is wave-1 (32 high). the 3's are the subwaves of the larger extended 3 (266 high) and his 5 is the 1200 high. Basically luc's count and one of my likely counts. Then the abc is the corrective move to the whole impulse.
@OP; It is my opinion that the first 1xx hit could be A, but the second hit would not be C in that case. Too short in time and the B would not have been deep enough of a retrace of A. I am more of the mind that the second hit was the A or complex W.
And yes, putting your labels on a chart is much better for visualization.
There are rules to be held. While "typical" C waves would go near the A bottom, it isn't a for sure thing which is why you also need some other indicators to watch with your counts. Wave B can move beyond the ath to a certain degree without invalidating the count.
The big wave B is just how I see it, so formulate your own opinion on where we are like your OP. My count is by no means the only possible count, just my preferred count
https://bitcointalksearch.org/topic/m.17342036
I've just noticed this, but I have no experience with Elliott wave. Is this a reasonable count? According to this count, we were done with wave II in January 2015, and are now in wave 1 of wave III.
What are its implications? What does this imply for the top of the current impulse wave? Any other info on this or other long term Elliott wave counts?
What are its implications? What does this imply for the top of the current impulse wave? Any other info on this or other long term Elliott wave counts?
Code:
0: 2011-04-05 0.67
1: 2011-06-09 29.6
2: 2011-11-18 2.14
3/1: 2012-01-08 7.05
3/2: 2012-02-16 4.19
3/3: 2012-08-17 13.3
3/4: 2012-08-19 9.09
3/5: 2013-04-09 215
3: 2013-04-09 215
4: 2013-04-16 65.3
5: 2013-11-30 1,210
A: 2014-02-21 119
B: 2014-06-03 671
C: 2015-01-15 195
I'll admit I don't do Elliott Wave myself, but I do follow cycles. What does it mean when you go from 0,1,2 to 3/1 through 3/5 and then have a 3? Why does it go ABC after 5?
0 is the start of the impulse. so 0 to 1 is wave-1 (32 high). the 3's are the subwaves of the larger extended 3 (266 high) and his 5 is the 1200 high. Basically luc's count and one of my likely counts. Then the abc is the corrective move to the whole impulse.
@OP; It is my opinion that the first 1xx hit could be A, but the second hit would not be C in that case. Too short in time and the B would not have been deep enough of a retrace of A. I am more of the mind that the second hit was the A or complex W.
And yes, putting your labels on a chart is much better for visualization.
If 2015-01-15 / 195 is the A, then right now, we are in B? We're unlikely to go above the ATH? And we will drop below 1xx?
Where will the current top be? We're at it then? And how far will it fall?
Where will the current top be? We're at it then? And how far will it fall?
There are rules to be held. While "typical" C waves would go near the A bottom, it isn't a for sure thing which is why you also need some other indicators to watch with your counts. Wave B can move beyond the ath to a certain degree without invalidating the count.
The big wave B is just how I see it, so formulate your own opinion on where we are like your OP. My count is by no means the only possible count, just my preferred count
I think we will continue to see threads just like this one from people who just heard about bitcoin's rise to it's ATH and rushed into here looking for answers to what bitcoin is about.
Or too just poke their heads in to see what all the commotion is about.
Well you got a good dose of it!
Welcome to the Terror Dome...
Come on down!
It rises and falls on it's own because it has no master and does not follow any rules no matter what anybody here tells you.
Think of it as a Dragon. Ever manipulating and a beast that can never be tamed.
Or too just poke their heads in to see what all the commotion is about.
Well you got a good dose of it!
Welcome to the Terror Dome...
Come on down!
It rises and falls on it's own because it has no master and does not follow any rules no matter what anybody here tells you.
Think of it as a Dragon. Ever manipulating and a beast that can never be tamed.
Lol at Mega Bulls rationalizing price fall
probably if 780 fail. then need to wait another half year of consolidation
What do you mean with "if 780 fail"? If price goes below 780? If so, wouldn't that invalidate the cup & handle because it retraced too much? How deep can it go for the 3-year c&h to still be valid in your opinion?
And what if 780 holds? Could still be cup & handle, no?
Are we drawing the handle of the 3-year cup & handle by any chance?
probably if 780 fail. then need to wait another half year of consolidation
What do you mean with "if 780 fail"? If price goes below 780? If so, wouldn't that invalidate the cup & handle because it retraced too much? How deep can it go for the 3-year c&h to still be valid in your opinion?
And what if 780 holds? Could still be cup & handle, no?
c&h allows down to 50% of cup height deep
Good thread
correction should be simple having had so many combinations.
A permabull's dream meets harsh reality...
Signature checks out!
correction should be simple having had so many combinations.
A permabull's dream meets harsh reality...
Signature checks out!
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