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Topic: The DEATH CROSS is in. How low will we go? - page 3. (Read 650 times)

full member
Activity: 447
Merit: 108
Recovery from the downward trend is process that require time and positive news in favour of Bitcoin and other altcoins and not the FUD that emanates from different source that has led to panic selling in recent time.
jr. member
Activity: 57
Merit: 4
We failed to close above the 200 day and we just got a very bad death cross, both signalling an upcoming hard sell.
We'll see $6000 real soon and i think we'll drop much lower even.

Thoughts? Why has bitcoin failed again to recover? MtGox? Governments? Criminals selling off?

I wouldn't focus too much on TA in that case.
Remember we were going up for 2 years. So we are just retracing for about 3 months now, this is nothing!
Although we know anything can happen with Bitcoin, therefore the honeybadgers decides to moon out of nothing, I wouldn't be surprised to see a few more months of consolidation with some minor up and down swings in a range of 6-10k. Even new lows aren't out of question for me.
If you're in for long just hold and wait until the market reverses. So far we're still in a bear market.

Ah yes, just ignore TA. TA is for all those millions of professional loser economists and traders that run the world business and economy.

HODL is the game!
The game that is the bitcoin scam. The scam community has to come up with some hype buzzword to draw in investors and make sure idiots keep buying "low" while early adapters sell at premium ridiculous prices and get filthy rich without ever moving a finger to contribute to society!

Technical analysis has been wrong a billion times in bitcoin. All the analysts that are now playing the "death cross" game called a top of $7500 for 2017, then we went to $20000. A bunch of idiots thought that "professional technical analysts" predictions couldn't fail, but that is exactly what they did, so all of these people now want lower prices to get back, in which group I suspect you belong to.

On a long enough time, your posts will look as stupid as this:



So be careful with these shorts my friend, or you may go bankrupt and not able to buy back the dip, which is what you all obviously want. Anyone that has been here for a couple of years isn't stupid enough to claim "bitcoin is a scam and it's going to die". Translation of that is "please price, go down, I sold and I need to buy back in cheaper".

On the other hand, holders on a long enough timeline can only meet one destiny: to get rich as fuck.

Right, explain to me why i would want to hold something that is outdated so much? You realize Bitcoin is OLD right? It only works for a small group and not as P2P Cash as Satoshi Nakamoto intended it to me.
For that goal we now have several 4th Generation Crypto currencies that scale to hundreds of thousands transactions per second, don't ruin the planets climate, are more secure and have proper governance built in.

Kwukduck, THAT IS YOU!

I have missed you old friend.  And it is good to hear from you and your "predictions".  Clearly bull market boom times are ahead for BTC since you have confirmed it, in reverse.  Your record is flawless, in the opposite!
jr. member
Activity: 97
Merit: 1
We failed to close above the 200 day and we just got a very bad death cross, both signalling an upcoming hard sell.
We'll see $6000 real soon and i think we'll drop much lower even.

Thoughts? Why has bitcoin failed again to recover? MtGox? Governments? Criminals selling off?

I wouldn't focus too much on TA in that case.
Remember we were going up for 2 years. So we are just retracing for about 3 months now, this is nothing!
Although we know anything can happen with Bitcoin, therefore the honeybadgers decides to moon out of nothing, I wouldn't be surprised to see a few more months of consolidation with some minor up and down swings in a range of 6-10k. Even new lows aren't out of question for me.
If you're in for long just hold and wait until the market reverses. So far we're still in a bear market.

Ah yes, just ignore TA. TA is for all those millions of professional loser economists and traders that run the world business and economy.

HODL is the game!
The game that is the bitcoin scam. The scam community has to come up with some hype buzzword to draw in investors and make sure idiots keep buying "low" while early adapters sell at premium ridiculous prices and get filthy rich without ever moving a finger to contribute to society!

Technical analysis has been wrong a billion times in bitcoin. All the analysts that are now playing the "death cross" game called a top of $7500 for 2017, then we went to $20000. A bunch of idiots thought that "professional technical analysts" predictions couldn't fail, but that is exactly what they did, so all of these people now want lower prices to get back, in which group I suspect you belong to.

On a long enough time, your posts will look as stupid as this:



So be careful with these shorts my friend, or you may go bankrupt and not able to buy back the dip, which is what you all obviously want. Anyone that has been here for a couple of years isn't stupid enough to claim "bitcoin is a scam and it's going to die". Translation of that is "please price, go down, I sold and I need to buy back in cheaper".

On the other hand, holders on a long enough timeline can only meet one destiny: to get rich as fuck.

Right, explain to me why i would want to hold something that is outdated so much? You realize Bitcoin is OLD right? It only works for a small group and not as P2P Cash as Satoshi Nakamoto intended it to me.
For that goal we now have several 4th Generation Crypto currencies that scale to hundreds of thousands transactions per second, don't ruin the planets climate, are more secure and have proper governance built in.
legendary
Activity: 1372
Merit: 1252
We failed to close above the 200 day and we just got a very bad death cross, both signalling an upcoming hard sell.
We'll see $6000 real soon and i think we'll drop much lower even.

Thoughts? Why has bitcoin failed again to recover? MtGox? Governments? Criminals selling off?

I wouldn't focus too much on TA in that case.
Remember we were going up for 2 years. So we are just retracing for about 3 months now, this is nothing!
Although we know anything can happen with Bitcoin, therefore the honeybadgers decides to moon out of nothing, I wouldn't be surprised to see a few more months of consolidation with some minor up and down swings in a range of 6-10k. Even new lows aren't out of question for me.
If you're in for long just hold and wait until the market reverses. So far we're still in a bear market.

Ah yes, just ignore TA. TA is for all those millions of professional loser economists and traders that run the world business and economy.

HODL is the game!
The game that is the bitcoin scam. The scam community has to come up with some hype buzzword to draw in investors and make sure idiots keep buying "low" while early adapters sell at premium ridiculous prices and get filthy rich without ever moving a finger to contribute to society!

Technical analysis has been wrong a billion times in bitcoin. All the analysts that are now playing the "death cross" game called a top of $7500 for 2017, then we went to $20000. A bunch of idiots thought that "professional technical analysts" predictions couldn't fail, but that is exactly what they did, so all of these people now want lower prices to get back, in which group I suspect you belong to.

On a long enough time, your posts will look as stupid as this:



So be careful with these shorts my friend, or you may go bankrupt and not able to buy back the dip, which is what you all obviously want. Anyone that has been here for a couple of years isn't stupid enough to claim "bitcoin is a scam and it's going to die". Translation of that is "please price, go down, I sold and I need to buy back in cheaper".

On the other hand, holders on a long enough timeline can only meet one destiny: to get rich as fuck.
jr. member
Activity: 97
Merit: 1
Death cross.  Roll Eyes

There is only supply and demand. Death crosses are for stocks, bonds, and other assets that can die. Bitcoin does not need your money.

More bitcoin delusion.
It DOES need our money, if people don't keep buying and the early adapters keep selling it will be worth nothing in no-time. That's why it's a scam and people are calling it out for it!
legendary
Activity: 2114
Merit: 1292
There is trouble abrewing
if you look at each of the previous major dumps from the ATH you can see each of them are getting smaller and smaller and all of them without exception started with a huge FUD.
right now there is no reason for a drop but only reason for a rise. and unless a fresh FUD starts up i don't see any major drops either.

just because $9500 is not the price we are seeing doesn't mean there will be a drop. it is more like a retracement before testing it again from where i am standing.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
Death cross.  Roll Eyes

There is only supply and demand. Death crosses are for stocks, bonds, and other assets that can die. Bitcoin does not need your money.
jr. member
Activity: 97
Merit: 1
We failed to close above the 200 day and we just got a very bad death cross, both signalling an upcoming hard sell.
We'll see $6000 real soon and i think we'll drop much lower even.

Thoughts? Why has bitcoin failed again to recover? MtGox? Governments? Criminals selling off?

I wouldn't focus too much on TA in that case.
Remember we were going up for 2 years. So we are just retracing for about 3 months now, this is nothing!
Although we know anything can happen with Bitcoin, therefore the honeybadgers decides to moon out of nothing, I wouldn't be surprised to see a few more months of consolidation with some minor up and down swings in a range of 6-10k. Even new lows aren't out of question for me.
If you're in for long just hold and wait until the market reverses. So far we're still in a bear market.

Ah yes, just ignore TA. TA is for all those millions of professional loser economists and traders that run the world business and economy.

HODL is the game!
The game that is the bitcoin scam. The scam community has to come up with some hype buzzword to draw in investors and make sure idiots keep buying "low" while early adapters sell at premium ridiculous prices and get filthy rich without ever moving a finger to contribute to society!
hero member
Activity: 2842
Merit: 625
We failed to close above the 200 day and we just got a very bad death cross, both signalling an upcoming hard sell.
Death cross? How long you've been investing and holding in cryptocurrency? Yesterday?

We'll see $6000 real soon and i think we'll drop much lower even.
Tell what you want to tell there is even someone on our group chat that even said there will be a massive drop that bitcoin will lead to $3,000 and he even said "MARK MY WORD".

Thoughts? Why has bitcoin failed again to recover? MtGox? Governments? Criminals selling off?
Failed again to recover? So what's the price of bitcoin last year?
hero member
Activity: 882
Merit: 544
Now that we're in a situation where there is not even a single day of bad news. Perhaps, it is the games of governments. Isn't it strange that you have bad news every day? I don't know what to do anymore.
I think it is not strange. In fact, I see it as natural considering bitcoin transactions had been slow and expensive in the past few months and many new users have got in with the mindset get rich quick in bitcoin. I also don't think that the government is playing games with us. If they do that, I don't see their games that profitable because they will use more money than what they will gain by making btc price go down.
legendary
Activity: 1442
Merit: 1014
We failed to close above the 200 day and we just got a very bad death cross, both signalling an upcoming hard sell.
We'll see $6000 real soon and i think we'll drop much lower even.

Thoughts? Why has bitcoin failed again to recover? MtGox? Governments? Criminals selling off?

I wouldn't focus too much on TA in that case.
Remember we were going up for 2 years. So we are just retracing for about 3 months now, this is nothing!
Although we know anything can happen with Bitcoin, therefore the honeybadgers decides to moon out of nothing, I wouldn't be surprised to see a few more months of consolidation with some minor up and down swings in a range of 6-10k. Even new lows aren't out of question for me.
If you're in for long just hold and wait until the market reverses. So far we're still in a bear market.
legendary
Activity: 1484
Merit: 1004
this is A hot potato. There is no bad news about price reductions, that prices are down because of the bitcoin characters that can go down at any time, but I see little research after a lot of positive news has sprung up especially G20 showing a positive policy for the future, I hope there is more continuation of the news. There will be an increase in prices in the next few months and show a positive trend for bitcoin, all should realize it without your realizing it.
legendary
Activity: 3556
Merit: 9709
#1 VIP Crypto Casino
We failed to close above the 200 day and we just got a very bad death cross, both signalling an upcoming hard sell.
We'll see $6000 real soon and i think we'll drop much lower even.

Thoughts? Why has bitcoin failed again to recover? MtGox? Governments? Criminals selling off?

All that technical "analysis" does not matter. As long as Bitcoin is at these low prices, all we have to think about is to buy as much as we can then wait for the next halving.

Trust me, by the next halving around May 2020, we would be seeing Bitcoin trading above the all time highs.


@Wind_FURY - Correct, all it takes is a bit of patience & people to HODL for a few years. All these noobs can’t handle it & sell off after a price correction or dump.

It’s fucking embarrassing tbh
newbie
Activity: 154
Merit: 0
Now that we're in a situation where there is not even a single day of bad news. Perhaps, it is the games of governments. Isn't it strange that you have bad news every day? I don't know what to do anymore.
sr. member
Activity: 1008
Merit: 355


One thing I learned about Bitcoin is that any surge and any slide can be attributed to anything true or just imaginary especially after the whole thing transpired. We have become good analysts on anything related to Bitcoin but we know that Bitcoin can move up or down anytime even without any reason behind. How many times have we been surprised by Bitcoin? How many times have Bitcoin been declared to be dead? As far as I know there is no single person or any group that can categorically say what can happen next with it...all are just guesses.
legendary
Activity: 1806
Merit: 1521
We failed to close above the 200 day and we just got a very bad death cross, both signalling an upcoming hard sell.

Not necessarily. We tagged the MA200 and naturally, we pulled back. The MA50/MA200 death cross hasn't actually happened. It might if there is a pronounced selloff here.

I've noticed often times when the MA50 and MA200 meet, it's a "crossroads" moment. Sometimes there's a selloff that confirms the cross. Sometimes there's a pump that rejects it. Pivotal moment!

We'll see $6000 real soon and i think we'll drop much lower even.

Possible in time, but I'm still thinking we need a solid bull trap before we go to retest the lows. Bears need punishing too. Smiley

By the way..... Is that you, kwukduck? Roll Eyes
legendary
Activity: 2898
Merit: 1823
We failed to close above the 200 day and we just got a very bad death cross, both signalling an upcoming hard sell.
We'll see $6000 real soon and i think we'll drop much lower even.

Thoughts? Why has bitcoin failed again to recover? MtGox? Governments? Criminals selling off?

All that technical "analysis" does not matter. As long as Bitcoin is at these low prices, all we have to think about is to buy as much as we can then wait for the next halving.

Trust me, by the next halving around May 2020, we would be seeing Bitcoin trading above the all time highs.
sr. member
Activity: 532
Merit: 255
Maybe you are a failed person but i'm not. Because i'm always optimistic with the growth that occurs in bitcoin.

We'll see $6000 real soon and i think we'll drop much lower even.

It is unlikely that bitcoin will return to $ 6.000, because the results of the G20 meetings have brought a positive change in bitcoin prices, i'm sure in a few days more people and companies will probably adopt bitcoin and bitcoin will move easily to $ 10.000, $ 11.000 and $ 12.000.
hero member
Activity: 2086
Merit: 994
Cats on Mars
We'll see $6000 real soon and i think we'll drop much lower even.
Talk about optimism.

Why has bitcoin failed again to recover? MtGox? Governments? Criminals selling off?
Bitcoin has been recovering since last tuesday, price was 7400, we're now at 9k, even the 1w charts show a 14% increase in the price.
But just to be clear, the thing about MtGox is done, the trustee already sold enough btc to pay off the creditors, there's no future sale of the remaining btc.
Governments? have you read anything over the last few days or weeks that makes you think that goverments are doing something behind the scenes to stop the btc price from recovering? did you even read the statement from the G20 about cryptocurrrencies?
Criminals selling off? that's dumb.

Friendly advice: stop spreading FUD.
full member
Activity: 266
Merit: 222
Deb Rah Von Doom
DOOOOOM
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