TERA, do you mind sharing which altcoins you are accumulating?

Thanks!

Not good news, but I am frankly most intrigued by the Google translate "fucking babies"  - anybody fluent in Russian here to help please?

Great idea, it will be especially useful for the Wall Observer thread.

I also cannot get back control of my old account.

I know . But other than that, I am not that sure what he means.

Masterluc has just posted something very cryptic, I am afraid even Russian native speakers may have problems decoding.

Дecятoчкa мoя, cepeбpянaя
Ha зoлoтoм блюдe пocтaвлeннaя!

Google translate:

Ten of my, silver
On a gold platter set!

My take it he celebrate tens and says that it paves the way to much higher numbers. But some people think it was a prediction of btc/ltc ratio, lol. Wonder what you make out of it. I wish our revered prophet was a bit more specific. On the other thing, crossing 10k, and so vigorously, cannot be a bad thing .

Thanks, Jimbo. But I can also imagine an alternative scenario, e.g. I am a whale and want to buy a lot of bitcoins without raising price to much, so I wait until there is a big sell wall, and voila, I can have my position without (much) slippage. I was not following prices long enough to know which scenario occurs more often. Knowing this would be one of the "crypto specific" trading skills, I guess .

TERA,  sounds very interesting. Can you be more specific? Especially how walls lure buyers and sellers. I'm trying to learn to trade crypto better and you seem to be one of the best traders on this forum .

We must be really in a bear market, if you add "Bearish" disclaimer to a thread about bitcoin possibly going to $900 - so that nobody think it is a bullish scenario, LOL.

BTW, Amazon trades now around 300x of its post-crash price. So people like us, who are in it long-term and firmly believe in bitcoin's future, have no reasons to be worried.

TERA, thank you for your answer. You also mentioned elsewhere that "we will see 100k before 1k". So do I understand your prediction correctly: 13-14k bump first (your chart), then bumpy fall to ~3k (about a year?) then another bull to ~100k, and then a mega bear market to ~1k?

This bear market is progressing very fast so far, so I wondered if it is realistic to assume that even *if* we will make another lower low, it will be over by a year's end?

TERA, you mean a long-term bear market is coming? If so, what is your bottom target: 3.5-4 or closer to the previous ATH, 1.5-2k?

I still believe in at least 13-16k bounce short term, price is recovering nicely so far, albeit slowly. I read the recent price action as an accumulation by big players.

Biodom, he is clearly referring here to his earlier advice to "ruthlessly buy" under 10k. I have been learning Russian for many years, but it is not my first language, so I am struggling to understand subtler points, and the Master likes to sounds mysterious at times . So you think this "sell because it is not for you" advise does not mean he thinks we are going much down again after 13-15k, but is more an advice to the "nonbelievers" to sell there, not at the current bottom?

Re: wave 4. ML clearly thinks it is underway, says in comments it should take a couple months.

I really like ML earlier analysis, which is also consistent with BETI:

https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/

as you can see from this, it all depends on timing. If we go there very quickly, 2-3 months (seems completely unlikely now), it would be "only" 60-70k, if it will take longer, will be 100k or more. I know it sounds a bit like a sci-fi now, but if you believe in bitcoin expenontial netwrok growth/price growth theory, something like that should happen. It is also possible that maturing of the markets will cause flatter peaks and dips, this analysis assumes same relative peaks as in 2013. Anyway, according to exponential growth the "fair price" of btc should be around 13k this August, is around 8k now.

+1, Master has a much better track record than Enky. However, Master's current wave counts seems wrong to me, I mean saying that the historical wave 3 has ended, not its 3rd subwave (i.e. (3)).

Where does Enky says that? I only found a post where he says 7600-9500 is a support area - is that what you mean?

I am really confused, ML said that the "historic 3" has ended, he even changed the name of the community to "witnesses of 5" (was 3 before), during the dump to 7.7 he said that it is nothing in comparison with the next correction. So it seems that he thinks that the 2015-2017 bull market has ended. Elsewhere on the side he said he thinks 4 would last only a couple of months, would be strange for a largest scale bear market, the previous one was almost 2 years.

If the dumps end here, in his red circle, and we go up within a couple of months (which I hope), I do not understand why to say that the historic 3 has ended? Then rise to 19k would be just (3) of 3, and the current correction (4) of 3.

Is the reason ML says historic 3 has ended is because we hit, or even went below, 61.8 Fib? Anyway, his current count seems less logical than all his previous ideas, I still think he may adjust it. 

50k first. Then the big crash, below 10k if this year, but perhaps only low teens if in 2019.

ML does not think the wave 4 has ended. If you click on "show previous comments" below, in the first one Olga asks him how long the wave 4 would last. Lower, Vanga says "likely not a whole year, a couple months, not enough data to tell exactly" (loose translation).

https://vk.com/bitcoin_vanga?z=photo-130254204_456239696%2Falbum-130254204_00%2Frev

Yeah, he was very vague about 4. I am not even sure whether he means that there would be a bottom below 7k, before we go to 50-100k? One would think that being in wave 4 must (?) imply this, but this part is left blank on the picture.

If we just crawl up along the trendline from 7.7k, which I personally consider most likely, there would be no reason to call it 4? Or is this scenario also considered likely my ML? I wish I knew