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Topic: Nights Watch by Afrikoin - page 74. (Read 303329 times)

legendary
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alan watts is all you need
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 11, 2017, 02:37:28 PM

Russia Considers Recognizing Bitcoin in 2018 to Fight Money Laundering

https://news.bitcoin.com/russia-recognize-bitcoin-2018-money-laundering/
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
legendary
Activity: 1806
Merit: 1164
April 11, 2017, 01:46:42 PM
Because bitcoin has been making higher lows but has not made a new ATH yet there is still a scenario where we revisit $800 which would validate one Elliott Wave count that Afrikoin has presented. A new ATH would invalidate that wave count and indicate that we are either in 3 or 5 depending on how you count your waves.

It looks like februari all over if you ask me. Oversold pump and a big dump afterwards. Pump to 1400-1500 USD and dup back to 1069 USD.

New guys need to learn patience with bitcoin and just hold for the long term. Right now everyone who bought under $1200 is in profit. It might have taken a few years depending on where you bought. Bitcoin will always have $250 to $300 down days where some news causes a one or two day crash which lets you buy at a good price. Calling bottoms is tough.
legendary
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Merit: 1003
alan watts is all you need
sr. member
Activity: 392
Merit: 250
April 11, 2017, 01:34:27 PM
Because bitcoin has been making higher lows but has not made a new ATH yet there is still a scenario where we revisit $800 which would validate one Elliott Wave count that Afrikoin has presented. A new ATH would invalidate that wave count and indicate that we are either in 3 or 5 depending on how you count your waves.

It looks like februari all over if you ask me. Oversold pump and a big dump afterwards. Pump to 1400-1500 USD and dup back to 1069 USD.
legendary
Activity: 1806
Merit: 1164
April 11, 2017, 01:28:56 PM
Because bitcoin has been making higher lows but has not made a new ATH yet there is still a scenario where we revisit $800 which would validate one Elliott Wave count that Afrikoin has presented. A new ATH would invalidate that wave count and indicate that we are either in 3 or 5 depending on how you count your waves.
sr. member
Activity: 392
Merit: 250
April 11, 2017, 01:16:58 PM

$1400+? this marks a new ATH, I really don't see how we will move to $800? The gap get's bigger each day...

Because we wont. $800 is never going to happen again. $1069 is the new floor according to myself. You still waiting mate? Cheesy
full member
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April 11, 2017, 01:07:29 PM

$1400+? this marks a new ATH, I really don't see how we will move to $800? The gap get's bigger each day...
legendary
Activity: 1806
Merit: 1164
April 11, 2017, 01:01:02 PM
This blog: https://btctrading.wordpress.com/ has always provided good analysis with some interesting indicators. Worth a read for the input.
legendary
Activity: 1540
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alan watts is all you need
April 11, 2017, 12:46:17 PM
legendary
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alan watts is all you need
sr. member
Activity: 397
Merit: 250
April 11, 2017, 12:17:38 PM
Funny you say I'm so sure of to da moon when I never called for ATHs; my entire point during my last posts was based on Afrikoin's 100% certainty that $800 will be retested, with the backing of "Vinny Lingham indicator". He even advised people not to buy because the market will go back down.

Regarding analysis, I did want to post a chart at one point but the thread was locked so I completely forgot. One doesn't need very much analysis if he just looks at the chart and sees what the candles show, instead of seeing what he wants to believe is true.

A bull market doesn't offer many chances to buy low, just like a bear market doesn't offer many chances to sell high. If you can sell "high" around the same price, repeatedly, thinking that it's a good sell, it's probably not.

edit: what's Vinny's integrity got to do with anything? My remark was based on his tweet from which I understood that he's upset (or better put, butt hurt) that people are buying on Bfx while he thinks the situation is similar to Mt Gox, basically arguing with the market.
hero member
Activity: 574
Merit: 506
April 11, 2017, 11:39:03 AM
Oh boy, now Vinny Lingham is acting like a child.

When on the wrong side of the market, one keeps trying to find reasons or excuses why he might be right. That's how losses just snowball away...

One needs a set a big balls to admit he's wrong and revert his position, but I suspect that's not the case Wink

At the very least Vnny made the guess under his own name and risks his integrity. Unless we broke previous ATH without retesting 850... he was still not proven wrong  Wink you seem so damn sure we are on straight road "to da Moon", yet you presented very little analysis... or humility on your own part, Mr. Judge. I smell envy...

Hope, you can prove us wrong, but I suspect thats not the case and if retest is on the table, you will go awol for several weeks.
sr. member
Activity: 397
Merit: 250
April 11, 2017, 10:55:02 AM
Oh boy, now Vinny Lingham is acting like a child.

When on the wrong side of the market, one keeps trying to find reasons or excuses why he might be right. That's how losses just snowball away...

One needs a set of* big balls to admit he's wrong and revert his position, but I suspect that's not the case Wink
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
April 11, 2017, 10:51:10 AM
legendary
Activity: 1540
Merit: 1003
alan watts is all you need
legendary
Activity: 947
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central banking = outdated protocol
April 11, 2017, 07:38:11 AM
The last uptrend lasted too long and improved market indicators, so the ABC completed (I was waiting for the C  Roll Eyes ) much faster than I expected.
Now I believe that the upcoming correction should find support around 1000$ - 1050$. Then target 2200$ in 3 - 4 months, after some sideways.

Sounds about right. I really can't see us going under 1000$
legendary
Activity: 2170
Merit: 1094
April 11, 2017, 06:41:59 AM
The Segwit controversy for the chickun may give us some clues about what could happen to bitcoin, so I'll keep an eye on chickun news.
https://www.cryptocoinsnews.com/litecoin-price-falls-segwit-down-uasf-on-the-table/
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