Final score
Lebing and cypherdoc 1
Lucif 0
Lebing and cypherdoc 1
Lucif 0
Topic: Yet another analyst :) - page 117. (Read 269580 times)
Final score
Lebing 1
Lucif 0
Lebing 1
Lucif 0
i'm sure lucif got "zhoutonged" on his short long ago...
Well it's one of the worst way to loose ones BTC. If nothing makes one go on a vendetta against the windmills this will.
i'm sure lucif got "zhoutonged" on his short long ago...
Pent / lucif / Angel,
I think you are wrong, and here's why:
The people making the large buys are probably doing so because they believe USD and fiat in general is on the way out. Why would they just turn it around for a short term profit in that doomed currency? Of course, some ARE turning it around for short-term gain... But I think most are in this for the long haul -- the big players, anyway. Why sell out when you can buy in?
I think you are wrong, and here's why:
The people making the large buys are probably doing so because they believe USD and fiat in general is on the way out. Why would they just turn it around for a short term profit in that doomed currency? Of course, some ARE turning it around for short-term gain... But I think most are in this for the long haul -- the big players, anyway. Why sell out when you can buy in?
looks rather like panic buying of the bears that got trapped
The panic buying hasn't started yet. This will be fun
We are there now
Yes, but evolution needs to go through hard times.
In current point Bitcoin needs single digits to throw ASIC technology in public and make private ASIC mining unprofitable comparing to doing business by selling asic miners to people.
This will eventually bring asic and security to Bitcoin without big danger of chain fork.
Bitcoin mass mind knows that. And that would be.
In current point Bitcoin needs single digits to throw ASIC technology in public and make private ASIC mining unprofitable comparing to doing business by selling asic miners to people.
This will eventually bring asic and security to Bitcoin without big danger of chain fork.
Bitcoin mass mind knows that. And that would be.
ASIC adoption is a phase transition. The higher will be price - the higher will be human temptation to make a crime action.
You see - price rises as BFL doing refunds, not because "Bitcoin sold globally, eveyone see its benefits and buying". This is a trap of dissapointment.
I don't think BFL will have enough funds to cover all refunds. And then party will start.
In other hand, lets say they will have technology eventually. But... They can earn much more money just doing mining by themselfs at current price levels.
Fork trap in both cases.
Here is no matter what resistances we did break. The main resistance- human temptation stays above. Its becomes stronger with higher price and eventually may bring to collapse.
All I want to say - in phase transition period it is less risky to stay in cash, because of crime, scam, bitcoin chain fork and other bad things might happen.
But whatever... Lets watch if lucif's figures were right.
You see - price rises as BFL doing refunds, not because "Bitcoin sold globally, eveyone see its benefits and buying". This is a trap of dissapointment.
I don't think BFL will have enough funds to cover all refunds. And then party will start.
In other hand, lets say they will have technology eventually. But... They can earn much more money just doing mining by themselfs at current price levels.
Fork trap in both cases.
Here is no matter what resistances we did break. The main resistance- human temptation stays above. Its becomes stronger with higher price and eventually may bring to collapse.
All I want to say - in phase transition period it is less risky to stay in cash, because of crime, scam, bitcoin chain fork and other bad things might happen.
But whatever... Lets watch if lucif's figures were right.
I agree a small pullback is possible here, but zoom out. We just broke through some major longterm resistances. The upside possibilities just opened up.
We are entering ASIC adoption stage of Bitcoin growth.
I don't think it will start from giving ASIC techology away from private hands. This is not profitable as holding this technology private. Normal human behaviour at current prices would be to leave customers without money and develop this technology private on that money. That also mean that most hashing power will be located within few hands.
This technology could be thrown away only when prices reach single digits or even less than $1.
I don't think it will start from giving ASIC techology away from private hands. This is not profitable as holding this technology private. Normal human behaviour at current prices would be to leave customers without money and develop this technology private on that money. That also mean that most hashing power will be located within few hands.
This technology could be thrown away only when prices reach single digits or even less than $1.
No, I am the Angel of Doom. Although some short term upside is possible, Bitcoin is about to go into the most stress events in its history. I don't think its bullish.
Most stress events in history? Nobody is giving flying shit about some stupid minning rigs.
No, I am the Angel of Doom. Although some short term upside is possible, Bitcoin is about to go into the most stress events in its history. I don't think its bullish.
it might be a sign for you to change to bullish now?
s3052 is it forawhile and we subs went very good with it ...
Hehe, thanks. I temporarily will write from this account to keep this number Please don't abuse pent, he is Angel
Please don't abuse pent, he is Angel lucif, happy birthday
post #666
yall better check yourself. lucif is right about the divergences. prices are beginning to look unsustainable. order book looks like it did before the crash from the $7.20 top...
So what?
Btw, thanks to naima pointing out who pushes price up. ASIC refunds. This is the end.
Btw, thanks to naima pointing out who pushes price up. ASIC refunds. This is the end.
Wow. 666 post. I will keep licif silent to keep it for some time
This is public speculation flood thread. With comics, trolling and whatever. I don't offer services, so you can't abuse me that I missing something.
I posted enough pics for thoughts.
This is public speculation flood thread. With comics, trolling and whatever. I don't offer services, so you can't abuse me that I missing something.
I posted enough pics for thoughts.
I didn't abuse you for anything. I just said what you made are unfalsifiable statements if you don't post target, and that's all.
Wow. 666 post. I will keep licif silent to keep it for some time
This is public speculation flood thread. With comics, trolling and whatever. I don't offer services, so you can't abuse me that I missing something.
I posted enough pics for thoughts.
This is public speculation flood thread. With comics, trolling and whatever. I don't offer services, so you can't abuse me that I missing something.
I posted enough pics for thoughts.
and...?
Oh, I get it, you did not post any target, they are all just in the charts, great.
Congratulations for making the 666th post by the way.
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