Craig Wright was part of a 4 person Satoshi Nakamoto Team
do you have a source?
Topic: Nights Watch by Afrikoin - page 57. (Read 303310 times)
do you have a source?
Craig Wright's New Company is Building a Bitcoin Core Competitor
http://www.coindesk.com/craig-wrights-new-company-developing-bitcoin-core-alternative/
as a side,
Craig Wright was part of a 4 person Satoshi Nakamoto Team
This is worth noting
http://www.coindesk.com/craig-wrights-new-company-developing-bitcoin-core-alternative/
as a side,
Craig Wright was part of a 4 person Satoshi Nakamoto Team
This is worth noting
Jon Matonis Joins Blockchain Pioneer nChain as Vice President of Corporate Strategy
https://nchain.com/news/jon-matonis-joins-blockchain-pioneer-nchain-vice-president-corporate-strategy/
https://nchain.com/news/jon-matonis-joins-blockchain-pioneer-nchain-vice-president-corporate-strategy/
From reddit, a couple of months ago:
Quote
I was using fibs as stops for these moves, yes. 200->300->500->800->1300 / ATH.
You can keep going (2100->3400->5500->8900), but I don't necessarily expect pullbacks at these areas, just general resistance. I think the "up to the next fib, retrace to the previous, up to the next one" works until we hit the ATH, then it's all bets are off. However, I would expect pullbacks and possible an end to the bubble around the $9k mark. $10k will be a huge psychological barrier, so I'd want to be partly out before then. My goal is to get rid of 2/3 to 3/4 of my position above $7.5k but lower than about $9k. I plan on waiting until we get above at least $2k or $3k and waiting for a 35%+ retrace signaling the top of the bubble, and when we get back to about 82-85% of the original high, that's where I'll do it (top of the dead cat bounce).
You can keep going (2100->3400->5500->8900), but I don't necessarily expect pullbacks at these areas, just general resistance. I think the "up to the next fib, retrace to the previous, up to the next one" works until we hit the ATH, then it's all bets are off. However, I would expect pullbacks and possible an end to the bubble around the $9k mark. $10k will be a huge psychological barrier, so I'd want to be partly out before then. My goal is to get rid of 2/3 to 3/4 of my position above $7.5k but lower than about $9k. I plan on waiting until we get above at least $2k or $3k and waiting for a 35%+ retrace signaling the top of the bubble, and when we get back to about 82-85% of the original high, that's where I'll do it (top of the dead cat bounce).
Bitcoin Price Analysis: Keeping Grounded as Price Skyrockets
https://bitcoinmagazine.com/articles/bitcoin-price-analysis-keeping-grounded-price-skyrockets/
https://bitcoinmagazine.com/articles/bitcoin-price-analysis-keeping-grounded-price-skyrockets/
There is also an old bullish chart pattern, the inverted head and shoulders, with a measured move around $1,475.
On high timeframes, resistance confluence around $1,410–1,450 and $1,800 become apparent with Fibonacci extensions, drawn from previous ATH to low, and yearly pivots. As bitcoin reenters price discovery mode, with no prior resistance in this zone, these are very real targets that will be reached for until buyers are exhausted.
It's been a while since I updated the exponential trend, so I took another look at it this week. Here are the previous posts from September and November 2016, for reference:
And here is the updated graph:
It amazing to me that it's been two years now, and the exponential trend is actually getting closer to being a perfect fit!
In September, the r^2 value was 0.874 for an exponential increase of 0.23% per day.
In November, the r^2 value was 0.898 for an exponential increase of 0.22% per day
Now, in April, the r^2 value is 0.944 for an exponential increase of 0.24% per day
Remember, r^2=1.0 is a perfect fit. So over the past two years we are remarkably close to a constant price increase per day of 0.24% (on average). The fluctuations are actually deviating less from that increasing rate.
Bullish!
So back in September I posted an updated trend; the repeating cycle pattern may to be breaking down (I'll have to look into it a bit more carefully to see), however, I also posted this:
However, there is still hope for the outlook; check out the log graph and trendlines below; we have slowed down on growth, but definitely are still growing (and more closely sticking to the exponential growth curve rather than wildly fluctuating):
I thought it would be interesting to post an updated image on the trend line to see how it is going now compared to what the trend would say; to make it clearer to see where we are, I kept the same logarithmic trend line but changed the range of the vertical scale, and put it back to linear. This is what you get:
From the looks of that, we are exactly in line with what the trend has been indicating for this cycle. And notice the R-squared value is getting even better!
However, there is still hope for the outlook; check out the log graph and trendlines below; we have slowed down on growth, but definitely are still growing (and more closely sticking to the exponential growth curve rather than wildly fluctuating):
I thought it would be interesting to post an updated image on the trend line to see how it is going now compared to what the trend would say; to make it clearer to see where we are, I kept the same logarithmic trend line but changed the range of the vertical scale, and put it back to linear. This is what you get:
From the looks of that, we are exactly in line with what the trend has been indicating for this cycle. And notice the R-squared value is getting even better!
And here is the updated graph:
It amazing to me that it's been two years now, and the exponential trend is actually getting closer to being a perfect fit!
In September, the r^2 value was 0.874 for an exponential increase of 0.23% per day.
In November, the r^2 value was 0.898 for an exponential increase of 0.22% per day
Now, in April, the r^2 value is 0.944 for an exponential increase of 0.24% per day
Remember, r^2=1.0 is a perfect fit. So over the past two years we are remarkably close to a constant price increase per day of 0.24% (on average). The fluctuations are actually deviating less from that increasing rate.
Bullish!
For speculation purposes, IF we continue the same exponential trend, we are looking for the following price targets (note we are a bit above where the trendline says we should be right now):
1 Jun 2017 : $1,243
1 Jul 2017 : $1,335
1 Aug 2017 : $1,436
1 Sep 2017 : $1,546
1 Oct 2017 : $1,660
1 Nov 2017 : $1,786
1 Dec 2017 : $1,918
1 Jan 2018 : $2,064
23 Mar 2018 : $2,500
8 Jun 2018 : $3,000
8 Oct 2018 : $4,006
1 Jan 2019 : $4,899
1 Jan 2020 : $11,630
1 Jan 2021 : $27,675
Now we're talking
I hope your prophecies can become reality bro, good work
1W OKC Futs
close to breaking ATH
still far below spot exchanges
close to breaking ATH
still far below spot exchanges
Off to a Textbook start this morning, Let's see if $BTCUSD continues its path to Short-Term target of $1530 then Mid-Term $1600 #Bitcoin
I know it's #Bitcoin on @Bitfinex but once $BTCUSD breaks $1450, should be quick pop to $1530 then $1600 target. Slow & Steady she goes
200K views!
Thanks to all of you!
Never thought i would make it this far when i started this thread
I have learnt so much!
-Afrikoin-
Thanks to all of you!
Never thought i would make it this far when i started this thread
I have learnt so much!
-Afrikoin-
Are you hoping to make it (the loss) back by trading alts?
I would advise caution, alt season is getting close to it's climax.
I would advise caution, alt season is getting close to it's climax.
loss?
What loss?
you only lose if you short an uptrend
"You only lose if you sell."
You sound exactly like bulls during a downtrend. You sold lower, the fact that you're not rebuying doesn't mean you haven't lost. You could have considerably fewer coins if you bought now, but you persist in your mistake, just like bulls did. "It will eventually come back down".
No. Im ok.
Happy to miss this.
YMMV
I'll sit out this one outt
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