Quote from: el kaka22 on June 29, 2019, 02:53:40 PM

There is no need to be rude to each other, this is just a technical analysis and I do not want to know if you are like this for a
technical analysis of a currency how would you be if the topic is a personal stuff. Both of you could be right, both of you could be wrong, one of you could be right and the other could be wrong.

This is technical analysis and from the past 6 years I have been involved with bitcoin I can clearly say (and I hope after 6 years I earned that right) some technical analysis turns out to be true while some of them turn out to be wrong, which I think everyone can say not just me, we have seen hundreds of technical analysis during this bull run, some of them were right and some of the were wrong. This one here could be right maybe its not sustainable or maybe its wrong and its sustainable, who knows? Only time will tell but you guys should be calmer about it.

My analysis is not technical; it is fundamental. Fundamental analysis does not predict price movements based on previous prices, technical analysis does.

In comparison price to earnings ratios (P/E ratios) in stocks is fundamental analysis. It is not "wrong sometimes". P/E ratios demonstrate the health of a company based on its legally required financial submissions. It is not guesswork; it is financial accounting.

When I say $13,800 BTC requires a continual investment of ~$23.4 million/ day to pay out the miners for their 1800 btc/day contribution, It is reality not guesswork. Whether a person thinks that $23.4 million/day is sustainable it is up to them. But that the $23.4 million/day is needed is a financial reality.

Trying to input poor technical analysis into a fundamental analysis thread is attempting to change the subject and is off topic. I have to smack these people down when they try to pollute a fundamental analysis with off topic technical analysis drivel.

There are plenty of technical analysis threads and boards, but this is a fundamental analysis thread. I need to spread the fact that there is true fundamental analysis based on the creation cost of bitcoin and crypto. Most people do not know that there is actual cash flow and fundamentals backing these coins.

Check out cash flow and creation cost stats on my site:

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

Much love and thank you for bringing this to attention,

Aaron