Post
Topic
Board Speculation
Re: 2018 Cryptocurrency Crash (Elliott Wave)
by
drays
on 13/09/2018, 12:54:43 UTC
I am really disappointing. Bitcoin just dont want to lose any value anymore. Only altcoins still does. It seems alt coins are some sort of buffer that keeps Bitcoin still floating. Same as altcoins did not let Bitcoin grow that fast in early 2017 and mid 2017 same now altcoins dont let Bitcoin lose value. This should sort of prolong bear market because it just cant come to the final capitulation before altcoins are totally dried out. Altcoins seems to kill my vision of the September bottom.
First the ALTs are going to be nuked; and so everyone will jump ship into BTC.
This causes BTC dominance to increase.
Once everyone is all-aboard BTC, it will be hit with a torpedo.

This 'prophecy' sounds like something more than merely an Elliot Wave based market analysis you are supposedly doing in this thread Smiley

Who will hit it with a torpedo? Looking at your statement I would assume you believe Bitcoin drop is not natural, but some entity purposely nukes it. Thats sounds like a new vibe in your postings... Wink

EDIT: Or, thinking a bit more, maybe not so new..? Continuing to scare people off with doom predictions poured into unoffending market analysis? What could create more panic, than a picture of somebody deliberately making all crypto people run and collect in one place, just to kill them all..? A bit like this: "There is no place to hide... Run far away if you can, or you'll be killed in your last haven - in BTC trap, you dirty little crypto rat"  Grin