Why was $13,800 unsustainable? | Bitcointalksearch.org

cocoadreamboy

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Quote from: Pab on October 06, 2019, 02:38:10 PM

13800 was effect of parabolic run .Bitcoin dominance raised from above 50% to 75%.
Any parabolic run is finishing with heavy correction.It is clear liquidity problems volume is slowing nut price is failing. Overall cryptocurrencies market is failing.in a case of miners higher price less coins they need to sell to cover his expenses.There are now new mining farms on Siberia but who is managing them.Maybe those farms are only interested in sell and buying gold.Russia is buying more and more gold
And price about 8K is not really very low at that time of year

It is quite reasonable to assume certain alt's will be rebounding now that Bitcoin dominance is retreating.

Pab

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13800 was effect of parabolic run .Bitcoin dominance raised from above 50% to 75%.
Any parabolic run is finishing with heavy correction.It is clear liquidity problems volume is slowing nut price is failing. Overall cryptocurrencies market is failing.in a case of miners higher price less coins they need to sell to cover his expenses.There are now new mining farms on Siberia but who is managing them.Maybe those farms are only interested in sell and buying gold.Russia is buying more and more gold
And price about 8K is not really very low at that time of year

cocoadreamboy

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Thank you. This is financial analysis.

https://www.amsinger.org/bitcointalk

bitbunnny

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Quote from: Rustamm on September 10, 2019, 07:15:07 AM

Guys, I suggest everyone to do their personal research and not buy the advice of different "experts". No one can know in which direction the market will move, except for those who help it move in the direction it needs. Therefore, try to read more, analyze and if you can’t guess the market movement, then just buy cryptocurrency, store it and use it without thinking about the future price.

Well, that is one of the main problems in.the community. Paying too much attention to so called experts and then making decisions based on their predictions and analysis.
For some reason users believe that someone else knows better and therefore they ignore their own experience and information.
Don't bother with predictions, they will not help.

Rustamm

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Guys, I suggest everyone to do their personal research and not buy the advice of different "experts". No one can know in which direction the market will move, except for those who help it move in the direction it needs. Therefore, try to read more, analyze and if you can’t guess the market movement, then just buy cryptocurrency, store it and use it without thinking about the future price.

cocoadreamboy

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Hey everybody, I have been listening and adapting my site and my analysis to suit you better.

I have just completed another redesign, that specifically aims to help people understand cash flow and creation costs easier.

Please check it out if you have some free time:

https://www.amsinger.org

I find this topic important to spread. Logical understanding of how bitcoin works is the key to profiting off of it,

Aaron

cocoadreamboy

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Quote from: jubalix on July 09, 2019, 09:29:36 AM

Yes its does sound logical.

Get debt funded mining op

mine coins

go bankrupt

coins hodl

2 your analogy is flawed, making pencils for 10 cents, only 100 pencils can ever be made. wait for $1000 each

Very astute with excellent English and grammar lol

Thanks paid troll!

cocoadreamboy

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Quote from: jubalix on July 09, 2019, 09:22:10 AM

why do u think miners sell all their BTC?

Because they have to pay for food:

https://www.amsinger.org

I just redesigned my site to make it easier to understand!

Aaron

jubalix

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Quote from: cocoadreamboy on June 26, 2019, 06:09:05 PM

Quote from: Slow death on June 26, 2019, 06:00:48 PM

Quote from: cocoadreamboy on June 26, 2019, 05:47:22 PM

The miners create 1800 bitcoin/ day, which means, with simple supply and demand, bitcoin will need ~$23.4 million of new investment/day just to buy the new bitcoin that is being created (not to mention holders selling new highs) to maintain that price.

I am not a miner and i am not a professional analyst, but is it possible that all miners sell their 1800 bitcoin a day? and why would all the miners sell their 1800 bitcoins a day? and about "holders". why would they sell their bitcoins? because I suppose that many of them are willing to hold for many more years

Quote from: cocoadreamboy on June 26, 2019, 05:47:22 PM

It could have saved a lot of people money in this fervor.

charging $ 19.99

https://www.amsinger.org/subscriptions

yes, you " saved a lot of people money in this fervor "

Lol if $20 is breaking ya, you are small fry.

1800 btc are mined every day unless the miners are deciding to hold massive amounts of coins at massively inflated prices. Does that seem logical to you?

If you were making pencils for 10 cents and some guy offered you $10 per you would sell all your inventory in a heartbeat.

That is how financial markets and regular markets work my friend.

Yes its does sound logical.

Get debt funded mining op

mine coins

go bankrupt

coins hodl

2 your analogy is flawed, making pencils for 10 cents, only 100 pencils can ever be made. wait for $1000 each

jubalix

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why do u think miners sell all their BTC?

cocoadreamboy

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Quote from: ene1980 on July 08, 2019, 07:40:25 PM

I specifically did not understand what this is all about, i understand that the difference between a huge profit and minimal is the time in which you invest and the time in which you exit, if you are smart individual who has more knowledge about making money from thin air, why don't you start a new thread and post all your research material regarding it Tongue

.

@OP The price of bitcoin is trying to break through another resistance and it failed and it is not a new thing, every time the price tries to break certain resistance points it wont succeed most of the time and yet again the market will try to valuation again in the next week or so by the speed in which the market broke many resistance level in the past.

Honestly I was wiped out in the Nov 2018 crash, so I spent the remainder of my bitcoin on developing this system, learning programming, etc. So I am not "rolling in it" any more like December 2017 Wink

I need clients to continue my research, and I think it is better to protect my clients with a paywall. They are paying for the data so they get exclusivity.

Personally I see most "resistances" as easily breakable by the whales whenever they want. My previous post went into a little more detail about this so look up ^ Wink

If I was Ray Dalio and I was already set I would publish it all for free, but I am a 26 year old entrepreneur who is beginning his path. I must learn and become stronger.

I just want to get stronger,

Aaron

cocoadreamboy

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Quote from: STT on July 08, 2019, 07:29:41 PM

So that would be fundamentals when Bitcoin is highly speculative. I wish it could be decided on fundamentals that easily as its much harder to judge a crowd that have the herd selling or buying off quite arbitrary reasons.

The price would be much lower if we purely went from revenue of business done, its hard to say on the exchanged worth privately done and how that affects price and what other currency is available as an alternative to those people but I think the majority of support is viewable. The part we dont get is the speculative holds where they dont need BTC but they estimate higher worth then now.

13k was just profit taking and its recovered for the last few days now. I think its accumulating now upto about 12474 and will see some selling there

I have been watching bitcoin for 6 years. I went to Texas A&M for finance and I fell in love with bitcoin. The problem I see with Technical Analysis and looking at bitcoin as a stock is the fact that whales have the ability to move the price WHENEVER and WHERE EVER they like. The whales can move the price to 20k in a day. They can tank the price to the creation cost or even below in a day also.

I made the creation cost analysis so that no matter what the price is doing I know exactly where the largest buying support in the market it. Within certain ranges it is easier for the whales to manipulate, at other ranges it is harder.

Had I had this data over these 6 years I could have more effectively dollar cost averaged in during low risk times and out at high risk times. I made it to help me understand what this beast called bitcoin is doing and is capable of doing within reason.

I see bitcoin as a heavily manipulated commodity. A heavily manipulated commodity that people can PROFIT well from. I just want to make it easier and safer.

Much love,

Aaron

ene1980

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Quote from: cocoadreamboy on July 02, 2019, 06:37:58 PM

Buying at the right time is the difference between 1BTC and 2BTC. There is no doubt in my mind that 5 years from now bitcoin will be worth significantly more. The question is in 5 years would you rather have 1 bitcoin or 2?

I give people the information they need to get 2 instead of 1,

Aaron

I specifically did not understand what this is all about, i understand that the difference between a huge profit and minimal is the time in which you invest and the time in which you exit, if you are smart individual who has more knowledge about making money from thin air, why don't you start a new thread and post all your research material regarding it Tongue

.

@OP The price of bitcoin is trying to break through another resistance and it failed and it is not a new thing, every time the price tries to break certain resistance points it wont succeed most of the time and yet again the market will try to valuation again in the next week or so by the speed in which the market broke many resistance level in the past.

STT

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So that would be fundamentals when Bitcoin is highly speculative. I wish it could be decided on fundamentals that easily as its much harder to judge a crowd that have the herd selling or buying off quite arbitrary reasons.

The price would be much lower if we purely went from revenue of business done, its hard to say on the exchanged worth privately done and how that affects price and what other currency is available as an alternative to those people but I think the majority of support is viewable. The part we dont get is the speculative holds where they dont need BTC but they estimate higher worth then now.

13k was just profit taking and its recovered for the last few days now. I think its accumulating now upto about 12474 and will see some selling there

cocoadreamboy

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Quote from: iMark on July 06, 2019, 10:42:34 AM

Yeah, just because prices are reversed, that doesn't mean there's unsustainable, the correction is sure to happen on every pump,
so don't assume that the price increase is over, the road is still very long mate, believe me you will find lots of price increases ahead

What information are you using to back up your statement? I have said that $13.8k was unsustainable because it would take $24.8 million per day of longterm investment to sustain that price, and I don't see that as realistic or possible for a long period of time.

It seems like you are speaking out with no basis in reality or understanding of the financial needs of bitcoin to sustain its price.

You can find helpful data on the subject here:

https://www.amsinger.org

Much love,

Aaron

iMark

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Quote from: Cherylstar86 on July 05, 2019, 03:56:19 PM

It doesn't mean unsustainable, that just happened we're into corrections period right now because of group of hodler who choose to sell. After that no need to worry; market will recover back what has been lost. This is the trend of volatile market, it sometimes up and goes down like a roller coaster ride. Just go on with its flow and you'll be better once everything will be back to green days.

Yeah, just because prices are reversed, that doesn't mean there's unsustainable, the correction is sure to happen on every pump,
so don't assume that the price increase is over, the road is still very long mate, believe me you will find lots of price increases ahead

cocoadreamboy

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Quote from: Cherylstar86 on July 05, 2019, 03:56:19 PM

It doesn't mean unsustainable, that just happened we're into corrections period right now because of group of hodler who choose to sell. After that no need to worry; market will recover back what has been lost. This is the trend of volatile market, it sometimes up and goes down like a roller coaster ride. Just go on with its flow and you'll be better once everything will be back to green days.

Please use actual data or financial analysis (not technical analysis i.e. line drawing) for your statements. You are making many statements and not backing up any of them.

Check out my data here:

https://www.amsinger.org

Much love,

Aaron

Cherylstar86

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It doesn't mean unsustainable, that just happened we're into corrections period right now because of group of hodler who choose to sell. After that no need to worry; market will recover back what has been lost. This is the trend of volatile market, it sometimes up and goes down like a roller coaster ride. Just go on with its flow and you'll be better once everything will be back to green days.

cocoadreamboy

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Quote from: gentlemand on July 05, 2019, 02:30:42 PM

You are making a number of pious statements at people who've been thriving here for vastly longer than you have and will continue to thrive long after you've either terminally blown it or chosen to relax and acknowledge you're not the fount of previously untapped wisdom.

There's a fine rule for successful story telling that applies in many other areas of life - show, don't tell.

I'm glad you asked! You can see a sample analysis here:

https://www.amsinger.org/sample-analysis

Much love,

Aaron

gentlemand

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Quote from: cocoadreamboy on July 05, 2019, 02:15:19 PM

You do not understand what hodl is. It is holding coins and has nothing to do with the location of stored coins.

You are making a number of pious statements at people who've been thriving here for vastly longer than you have and will continue to thrive long after you've either terminally blown it or chosen to relax and acknowledge you're not the fount of previously untapped wisdom.

There's a fine rule for successful story telling that applies in many other areas of life - show, don't tell.

Topic: Why was $13,800 unsustainable? (Read 1251 times)