Re: HashFast announces specs for new ASIC: 400GH/s

Hey ice, you have any contacts at hash fast? They seem to have gone MIA during the home stretch.

There are million things to take care of during the home stretch.

Adding personnel to the customer support team is one of them. Tongue

I'm sure they are swamped with orders, inquiries, etc. because of all the BTC hype in general and their spectacular 500GH/sec/chip achievement in particular.

Whats interesting is the long term charts show that BTC is heading way down in price. It will tick up one last time, then comes the nose dive. That is a good thing for those of us holding cash. A bad thing for those holding BTC.

what indicators do you have for making bold predictions like that? how can you predict 'just one spike' ? and how do you predict 'heading way down' ?

since you've mentioned both an up, and a down, i presume you won't be wrong, since a volatile asset like btc will always fulfil those indications.

I won't post any graphs or graphics since I don't want to give away anything helpful. But read your stochastics at different intervals and then compare with MACD indicators at different scales of time.

It is obvious. The whales with the most BTC are waiting for one last rise then comes the big dump as the whales will drop their BTC into the markets (and pick up fiat to hold). People like me are looking to buy up BTC at Sub 400$ prices.

Edit: If you haven't already, I would recommend during the next rise you keep at least 7k to 10k cash on hand to ride out the bottoming out over the next 2 months or so. (daily/monthly expenses etc) (So you don't have to convert BTC at extremely cheap rates)

It will likely go up again, it usually does. Corrections are just the way of the market.

Wow, this was impressive prediction