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Re: Don't Panic Yet, Bitcoin Analysis.
by
jadenunderhill
on 13/03/2020, 19:02:43 UTC
Dead cat bounce, bitcoin is going back to $3k. Small traders are selling now.
Its not panic, people want to buy cheaper after Peter Brandt prediction.


Not sure that even 3K will be a final stop this time.
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Re: Don't Panic Yet, Bitcoin Analysis.
by
jadenunderhill
on 13/03/2020, 10:28:19 UTC
MA200 was already broken couple hours ago. Coinbase shows 3867 as the lowest value. 
In my opinion it's not part of the MA200 broken, it just touched and slightly fell past the MA200.  If you want to say the MA200 is broken you need to see the candle next week, if it continues to be passed and the price continues to fall then you say the MA200 is broken.

Some of my analysis on the MA200 is part of the barrier, I myself am not sure if it continues to be bypassed.

Hope U are right. But I'm not so optimistic( Even if it will stand for now, there will be few months of world financial crysis with bearish markets everywhere.

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Re: Don't Panic Yet, Bitcoin Analysis.
by
jadenunderhill
on 13/03/2020, 04:21:48 UTC
I believe a bull market will only kick in 2022, that is, two years after the halving.

FA got busted, and the StF ratio (which was the pillar of the hodler's creed) was manipulated and pushed ahead, which invalidated the 4-year cycle model. So we will see these swings for quite some time yet, going from 5k to 15k and back.
Two years isnt enough I guess for a huge break down. TA will probably useless for now, as the market swing is quite fast and its support has been modified continously. I am not so experience but seeing a pattern like this, is remembering the 2018 cycle.

MA200 was already broken couple hours ago. Coinbase shows 3867 as the lowest value. 
Right now at 5k again, 30mins passed and still kicking some huge pushed. Thinking of some whales started to move again.

Or it is the dead cat bounce and a final capitulation is about to start..
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Re: Don't Panic Yet, Bitcoin Analysis.
by
jadenunderhill
on 13/03/2020, 04:01:02 UTC
~snip~
Jeez, this is really devastating.
To avoid panic; avoid observing the chart for these days. Panic sellers are everywhere. This is also good for everyone (like me) who want to buy again at a lower price.
Seeing a long red candle like that is terrible, but to trace I do not need to experience panic.
Is not it in 2018 when bitcoin reached ATH then a few months later reached its lowest price of 3100 $ + we still buy it.

Today the price of Bitcoin has reached the MA200 as a long-term decline goal, here I am sure that the MA200 will not break, but there must be a reflection of the price in this MA200.
So keep waiting and see.

MA200 was already broken couple hours ago. Coinbase shows 3867 as the lowest value. 
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Merits 5 from 1 user
Re: MasterLuc new long term prediction
by
jadenunderhill
on 02/12/2019, 07:19:35 UTC
⭐ Merited by mindrust (5)
Why are you using his year old prediction?

There is another in his telegram channel and it is much more actual:




And here is his last comment (week ago):

There we have a weekly ma200 for 4000. We can visit it. And that fits the picture above.

So, according to this traingle picture we will see something around 4K till next year.


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Re: Analysis
by
jadenunderhill
on 25/11/2019, 08:54:01 UTC
New post.


Quote
Is the triangle 2-3 years long? Really! Really boring ...
it's hard to imagine reaching the $4000s from here and tbh the proportions of that triangle don't look ideal. i reckon it will be invalidated in time.

To see a non-logarithmic chart from Masterluc is quite a rare sight ? I think there is just no more time to go back to the $4k bar just a blink of an eye away from the halving.

I just think this is a really bad forecast.

Sad but true
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Re: Yearly All Time Lows For BTC
by
jadenunderhill
on 10/01/2019, 16:50:43 UTC
2012 - $4
2013 - $65
2014 - $200
2015 - $185
2016 - $365
2017 - $780
2018 - $3200

Puts a lot into perspective.
It is very funny Grin Grin Grin

So now this table looks like:

2012 - $4
2013 - $65
2014 - $200
2015 - $185
2016 - $365
2017 - $780
2018 - $3200
2019 - $3570

Wow! A perspective indeed

And if it will be like:

2012 - $4
2013 - $65
2014 - $200
2015 - $185
2016 - $365
2017 - $780
2018 - $3200
2019 - $1570

What would  it show us, what perspective? Doomsday? Catastrophy? Grin Grin Grin


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Re: What's up with bitcoin ?
by
jadenunderhill
on 10/01/2019, 16:38:47 UTC
What is going on with bitcoin ? there are many fluctuations in short span of time within a limit of $500? but bitcoin is unable to reach a new landmark and trailing around $4000. what's the reason for these temporary price fluctuations?

Nothing new. Just falling again. -10% in 10 hours.  I'm starting to think BAKKKKKT will not help Smiley $1200 is a new goal
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Re: BITCOIN in 2029
by
jadenunderhill
on 10/01/2019, 16:28:17 UTC
In 2029 BTC will be replaced by new global cryptocurrency. It will be centralized stablecoin, issued by Federal Reserve or another big group of wold biggest banks and corporations. Some FedCoin or so Smiley. It will be fast, comfortable. Payments will be easy and consumers will be happy. Reliably and stability of traditional banking system powered by blockchain technology.

Bitcoin will be used by anarchists (mainly cryptoanarchists) and criminals of all sorts - drugdillers, hackers.  It will cost 100-200 dollars or so.
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Re: Analysis
by
jadenunderhill
on 10/01/2019, 16:03:07 UTC
Google translation:

Quote
Kstati Bitcoin today is full 10 years: beer:

I can translate little better Smiley

By the way, Bitcoin became 10 years old. Beer)
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Re: What will be the faith of bitcoin this year
by
jadenunderhill
on 10/01/2019, 15:58:58 UTC
I will like to know any idea and news?

It will be a sad year. BTC can go as low as $1500. There are some chances that it could climb to $6000 . If new world crysis will happen this year, then it can go even lower - in that case big money will be out ofall high-risc assets.
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Re: Bitcoin - reason for long term invest
by
jadenunderhill
on 17/12/2018, 07:09:33 UTC
Hi everyone, i would like to ask you about way to invest in bitcoin. In your opinion, is it reasonable to think that cryptocurrency enviroment may behave like stocks enviroment and in this connection assume that in long term is it good idea to invest after big declines?

You must not use "invest" word. Use "gambling" instead. Few years from now bitcoin's prise will be around $100.
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Re: Will Bitcoin go lower than 2k?
by
jadenunderhill
on 15/12/2018, 00:22:04 UTC
It seems very likely that there are even predictions that say the price of bitcoin will be $1.2k nobody will know, so ahead of Christmas and New Year there will be massive sales that will make bitcoin prices continue to decline, there is no sign of increasing this year can only expect big changes towards a more positive next year.

I think that NY or Christmas will not influence BTC price. Everybody (I mean individuals) who wanted to sell already did it or are doing it right now. Now some institutional players are capitulating. So it not depends on holidays. This sell off will continue for a week. But yes, price will go lower. 2 800 is my prediction to the December 31.
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Re: NEW BAKKT game
by
jadenunderhill
on 11/12/2018, 10:36:47 UTC
my bet isa 5665
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Re: Bitcoin Price Will Likely Fall to $1,500: Bloomberg Analyst
by
jadenunderhill
on 11/12/2018, 08:32:56 UTC


It could. But with what cryptocurrency? Cool

Who knows) May be it isn't created yet or so unpopular we never heard about it or may be it would be Ripple

Hahahaha! I believe you are still in the initial stages of your cryptocurrency journey, sorry for laughing. But you remind me of "me" when I discovered all this craziness. I also thought Bitcoin was this "slow, old" technology that needed to replaced by something newer, and faster. Then the more I learned, the more I found that Bitcoin, with all its imperfection, is the "gold standard" of cryptocurrencies.

I am very confident you, and every newbie, will discover it too. The misinformation will be memefied.

really? I never had that phase. and I have started with bitcoin back in one of the most FUD filled times back in 2014 when price was falling hard and here was filled with a lot of FUD about how bitcoin is dead, something like these days actually.
and every time I heard someone say some altcoin is better than bitcoin with some "fury" I knew they are full of it trying to hype it up to pump it up...
specially a coin like ripple which is obviously centralized...

As I answered before, Ripple was just an example. And yes, I think that centralized currency is that what modern consumer wants.
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Re: Bitcoin Price Will Likely Fall to $1,500: Bloomberg Analyst
by
jadenunderhill
on 11/12/2018, 08:28:36 UTC


It could. But with what cryptocurrency? Cool

Who knows) May be it isn't created yet or so unpopular we never heard about it or may be it would be Ripple

haha, keep on dreaming. Doge coin has a better chance of being it than a centralized shitcoin such as Ripple Cheesy

as for changes that you are talking about above, it is not hard at all but the problem is that the "change" needs to be actually good and not controversial with lots of downsides and security issues.
if you have a proposal we are open to hearing it! but it seems like you only have imagination.

Yes, thank you. I really believe that imagination it one of the most great human qualities.

Ripple was just an example. In fact, I think that it will be a cryptocurency of group of banks or state project like US or EU. And yes, It will be centralized. You see, nobody cares about some decentralization. 99% don't even know what this word means. But what they Does know, that currency must be a) fast b) comfortable c) cheap to use.

So, when world banks for example would decide (maybe they already did) to create their own cc, they would make it cheap and fast and confortable. And freely converted to fiat via one button push on Iphone screen. And with Paypal support.  If they also would spend some billions for advertising (they should), well... Bitcoin would be a curency for small groups of geeks and criminals. With its cost about $100.

Yes, I do have some proposals. Not tech, because although I studied the BTC blockchain technology (I am a programmer), I do not consider myself an expert enough. But I have some propaganda ideas.
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Re: Bitcoin Price Will Likely Fall to $1,500: Bloomberg Analyst
by
jadenunderhill
on 11/12/2018, 08:14:43 UTC


It could. But with what cryptocurrency? Cool

Who knows) May be it isn't created yet or so unpopular we never heard about it or may be it would be Ripple

Hahahaha! I believe you are still in the initial stages of your cryptocurrency journey, sorry for laughing. But you remind me of "me" when I discovered all this craziness. I also thought Bitcoin was this "slow, old" technology that needed to replaced by something newer, and faster. Then the more I learned, the more I found that Bitcoin, with all its imperfection, is the "gold standard" of cryptocurrencies.

I am very confident you, and every newbie, will discover it too. The misinformation will be memefied.

No, my 4.5 years "cryptocurrency journey" is about to end. And yes, naive idealists make me hahahahaha)
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Re: Bitcoin Price Recovers 12% in 72 Hours While Traders Remain Cautious in
by
jadenunderhill
on 10/12/2018, 19:54:11 UTC
It is already 5% down. Not long recovery indeed
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Re: Bitcoin Price Will Likely Fall to $1,500: Bloomberg Analyst
by
jadenunderhill
on 10/12/2018, 19:36:18 UTC


It could. But with what cryptocurrency? Cool

Who knows) May be it isn't created yet or so unpopular we never heard about it or may be it would be Ripple
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Re: Bitcoin Price Will Likely Fall to $1,500: Bloomberg Analyst
by
jadenunderhill
on 10/12/2018, 07:59:00 UTC
Let them keep on talking while Bitcoin doesn't really care about what these so-called experts are talking. Rising or falling it doesn't matter anyway, Bitcoin price is still stable at this rate. They will all be another story that will be written in the history again, Bitcoin will survive and no, it is not dying.

Doesnt't care, yeah. We are at 3 200 and going down fast.  And yes, it will not die. For enthusiasts like in this forum and may be some criminals. But for most common investors it is already half dead. If it really will go below 3 000, it will be a full capitulation. And it will take 3-4 years then the price will return even to 6 000 level. Or may be it will never return..

And you could have said the same thing 4 years ago, and been dead wrong. No reason to think this is any different than any other Bitcoin crash. I'd say the only difference is that instead of having nothing on the horizon four years ago as everyone abandoned Bitcoin, this time around we have multiple Wall St firms building exchanges and custody solutions and trading desks and whatnot to offer Bitcoin to a whole new group of people that have a TON of money.

When retail investors come back to the Bitcoin market in say two years they're just gonna find it a hell of a lot harder to buy Bitcoin because big money will already have eaten up MILLIONS of bitcoin by then. Institutions have already bought up hundreds of thousands of Bitcoin from panic selling noobs this year. Smart retail investors are doing the same thing, buying as much as they can from panic selling noobs to accumulate cheap Bitcoin now.

Well, in my opinion this crash is different. Because of Wall St firms you mentioned. When it was millions of dollars, yes, there were many individuals. And many of them were believers of new tech. Others wanted to hiide their payments. They can sale because of panic, because they need fiat right now. But Wall Street is different. Today they are playing with bitcoins, tomorrow with gold and after that with some derivatives or orange juice. They can leave some market very fast (in fact, this is happening right now). For them it is just another of thousands markets. And if they lose trust in crypto, well they can return in years or decades. Another problem is adoption. Many retailers refused Bitcoin this year, even Stripe. And the worst is the world crisis that many economists predict in 2019-2020. In every crisis, such instruction investors will leave high-risk markets. It is a rule.
I’m surprised that everybody if this forum are making analogies to past crashes. How many crashes Bitcoin had before? 3-4? Why everybody think that if something happened 4 times, it will be the same this time? Everybody talking of butcoin as a currency. But it is not. May be it will become a world currency and maybe not. Over the past 3 years, Bitcoin has not come close to becoming a currency, but is has become a high volatile speculative asset.



The golden rule of investing (well one of them): no, this time isn't different.

People thought the same way you are when Bitcoin was $200 in 2015 (I was one of them).
And Wall St has barely entered the market. So not sure why you are saying that somehow that makes this crash different.

Generally the worst thing you can do is assume that this time is different. The last boom wasn't different than any other boom, and people who thought the price would just keep going up and never crash were wrong cuz they decided "this time is different", and you are doing the same thing now.

But hey, all it means is that you're gonna miss getting in at the bottom of this cycle. Doesn't bother those of us who are loading up accumulating cheap Bitcoin now.
The time will show. But 17 years ago when DotComs crashed, many people had said the same, “no, this time isn't different”. And lost everything.


Only the people who invested in shit companies, the corollary today would be investing in shit altcoins and shit ICOs. Bitcoin is the Amazon of the crypto market. Pretty sure nobody who held Amazon stock through the dotcom crash into today is complaining about making a crazy amount of money.

"No this time isn't different" is a general rule of investing, it has nothing to do with trying to say oh this one thing one time happened so that means this time is gonna be like that one time in an entirely different market and so the rule doesn't apply. Your logic and argument is extremely weak.

I'm not sure that Bitcoin is Amazon. Bitcoin is slow, it consumes a huge amount of electricity, and it is almost immposible to make any useful changes because miner groups or big exchanges will block any decision. Its only advantage that it was first and that is why it is more popular. This could change.