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Showing 20 of 819 results by josegines
The market has progressed but this project didn't. While the airdrop people that have taken their rewards out of this project will never look back on it anymore. The investors who have been waiting for a pump might continue to wait for nothing. I also think some airdrop receivers have held this coin in belief that it's going to be rewarding but it's the opposite.
Undoubtedly, few would think that the distribution of this mega airdrop would drag on for more than three years, which is how long it will take at the current rate of token distribution by Core Team, which is blatantly manipulating the price, withholding the tokens they promised to deliver on Open Mainnet, which was five months ago, on February 20th.They are delaying the token distribution to try to keep the price at a certain level, rather than having delivered all the tokens and letting the market decide the price.
But this way, they wouldn't be able to raise the money they are making from the sales.
It makes no sense to talk about the PI token price while this mega-airdrop is being distributed, and at the current rate Core Team is distributing it to manipulate the price, and breaking the promise that the tokens would be delivered on the open mainnet (Feb 20, 2025), it will last around 3 years.
And I'm not talking about them holding onto the tokens voluntarily locked by the pioneers, but rather those earned through invitees/referrals, or those earned through verifications, etc., for which there is no delivery date.
Therefore, before the end of this mega-airdrop, which could be in 2028, it makes no sense to even consider it.
Don't look, don't buy PI Network before 2028.
Most of the investors are getting wiser. And with this pi coin, most that have got it from the airdrop were mostly sold already. They don't want to get in again and that's free money for them. If someone that have earned from the airdrop and wanting to reinvest it to the same coin, they're wasting the profit that they have made. It is unwise to reinvest but that's them, if they see that there is something good that's coming on this project, proceed. But sure, like what you've said that their money is going to get busted and will be put into waste or maybe, we're wrong.
This big company is too slow in handling everything and I am most surprised that a project of this size has taken so many years, especially for investors and airdrops who have been waiting for the results of this project for a long time. We see now that the market hasn't seen any progress!Undoubtedly, few would think that the distribution of this mega airdrop would drag on for more than three years, which is how long it will take at the current rate of token distribution by Core Team, which is blatantly manipulating the price, withholding the tokens they promised to deliver on Open Mainnet, which was five months ago, on February 20th.
They are delaying the token distribution to try to keep the price at a certain level, rather than having delivered all the tokens and letting the market decide the price.
But this way, they wouldn't be able to raise the money they are making from the sales.
BTC closed the week above $114k
Will there be a bullish count, or do you still want to see it go to $50k after waiting a whole year?
Will there be a bullish count, or do you still want to see it go to $50k after waiting a whole year?
You've been waiting for BTC to fall to $50k for over a year, with or without an irregular flat.
And your only mention of a bullish alternative count is:
"that the bearish option will be invalidated above $114k."
This isn't Elliott, this is your bearish thread.
The norm in Elliott, especially in long-term terms, is to have two alternatives, one bullish and one bearish.
You've been using only one for a year: going for $50k.
https://bitcointalk.org/index.php?topic=5485551.msg64037630#msg64037630
And your only mention of a bullish alternative count is:
"that the bearish option will be invalidated above $114k."
This isn't Elliott, this is your bearish thread.
The norm in Elliott, especially in long-term terms, is to have two alternatives, one bullish and one bearish.
You've been using only one for a year: going for $50k.
https://bitcointalk.org/index.php?topic=5485551.msg64037630#msg64037630
This is not my "bearish thread"
Personally, I think bitcoin may surpass the marketcap of gold; and, if that were to happen at today's gold price, then bitcoin would be around $1,200,000
https://companiesmarketcap.com/assets-by-market-cap/
It won't reach 1200,000 this year, or next.
However, it could rise to 200,000 or 300,000.
I'm here to see some lines drawn pointing upwards, to try to predict the new ATH, in date and price, but we've only been aiming for 50,000 for a year now.
No alternative count.
Two days left to see if BTC closes the week above $114,000.
⭐ Merited by LFC_Bitcoin (9)
I wonder why you keep insisting on the bearish option.
And of course, the situation in Iran serves as an excuse for you to think that what you've been waiting for a year will finally happen.
According to you, the $114k is the key to everything. It will be the key to whether your bearish option expires, or, as always happens with Elliott, there is another option, which you have been timidly pushing into the background for many months.
Where you see a potential crisis due to the US bombing, others may see a play that the market has taken advantage of to liquidate longs and thus continue rising.
The $114k is the key.
Will we finally see a bullish option in this thread???
And of course, the situation in Iran serves as an excuse for you to think that what you've been waiting for a year will finally happen.
According to you, the $114k is the key to everything. It will be the key to whether your bearish option expires, or, as always happens with Elliott, there is another option, which you have been timidly pushing into the background for many months.
Where you see a potential crisis due to the US bombing, others may see a play that the market has taken advantage of to liquidate longs and thus continue rising.
The $114k is the key.
Will we finally see a bullish option in this thread???
The chart and projection was posted 12 hours before the US bombed Iran.
Bullish scenario arises when either of the following occurs...
1. A daily/weekly close above $114,000; or,
2. A decline to around $65,000
You've been waiting for BTC to fall to $50k for over a year, with or without an irregular flat.
And your only mention of a bullish alternative count is:
"that the bearish option will be invalidated above $114k."
This isn't Elliott, this is your bearish thread.
The norm in Elliott, especially in long-term terms, is to have two alternatives, one bullish and one bearish.
You've been using only one for a year: going for $50k.
https://bitcointalk.org/index.php?topic=5485551.msg64037630#msg64037630
...
I wonder why you keep insisting on the bearish option.
And of course, the situation in Iran serves as an excuse for you to think that what you've been waiting for a year will finally happen.
According to you, the $114k is the key to everything. It will be the key to whether your bearish option expires, or, as always happens with Elliott, there is another option, which you have been timidly pushing into the background for many months.
Where you see a potential crisis due to the US bombing, others may see a play that the market has taken advantage of to liquidate longs and thus continue rising.
The $114k is the key.
Will we finally see a bullish option in this thread???
A daily/weekly close above the Fibonacci 2.618% extension (i.e. $114,000) would suggest the BULL scenario is underway...
You've spent a year insisting on the bearish scenario with the irregular flat.
Finally, a year later, you have a bullish alternative count.
Interestingly, if the bearish option comes true, it would be with another irregular flat, although very different from the bearish count.
What I don't understand is why, for a year now, you haven't considered both scenarios, bearish and bullish.
https://bitcointalk.org/index.php?topic=5485551.msg64106795#msg64106795
So down we go to $60k-ish?!
Guessing somewhere between $50K to $60K ought to be the bottom.
Unless you're mistaken about your irregular B wave ending at 60k.
Of course, we've been waiting for many months to see if you're right or wrong.
Yes, we are probably in a B,
What I don't understand is why you don't consider an alternative bullish account.
There are almost always two possible scenarios,
and breaking through $74k is a very possible scenario.
What I don't understand is why you don't consider an alternative bullish account.
There are almost always two possible scenarios,
and breaking through $74k is a very possible scenario.
The alternative bullish count would suggest wave-2 pullback bottomed on 05-AUG-2024, and wave-3 uptrend has been underway ever since.
However, the uptrend since the 05-AUG-2024 low to present high, thus far, appears corrective; hence considering it as an Irregular B-wave.
https://bitcointalk.org/index.php?topic=5485551.msg64603777#msg64603777
Still appears to be a corrective B-wave, at all-time highs.
What I don't understand is why you don't consider an alternative bullish account.
There are almost always two possible scenarios,
and breaking through $74k is a very possible scenario.
Wow!!
You keep insisting that BTC hasn't broken the resistance yet.
Don't you even see an alternative account with a minimal chance of it going to $100k already???
⭐ Merited by d5000 (1)
I'm not an expert on Elliot, but the rise since 6/Sep ($52.5k) looks like an impulse,
and what it's doing since 27/Sep ($66.5k) could be its correction.
A new impulse would be confirmed if the price breaks above $66.5k
and what it's doing since 27/Sep ($66.5k) could be its correction.
A new impulse would be confirmed if the price breaks above $66.5k
From what level can we say that we are in a new impulse, that the correction is over?
surpassing ATH?
surpassing ATH?
Regardless of a new all-time high, the waves still appear corrective.
So, still expecting a decline to at least 44K zone.
On Monday of the market crash, there was quite a bit of volume in BTC, consistent with a capitulation.
Do you take the volume into account?
Or, despite that high volume, do you think the price could make a lower low?
August and September are bad months for BTC, your last count would fit, but I have doubts because of that high volume.
Do you take the volume into account?
Or, despite that high volume, do you think the price could make a lower low?
August and September are bad months for BTC, your last count would fit, but I have doubts because of that high volume.
For both crypto and equity markets, the Elliott Wave structure of the 'crash' appears incomplete.
After the current bounce, expecting another leg lower, perhaps on even higher volume.
From what level can we say that we are in a new impulse, that the correction is over?
surpassing ATH?
Congratulations!
Do you know if wave 2 is over, or if it can still fall further, up to $44k (50%)?
Do you know if wave 2 is over, or if it can still fall further, up to $44k (50%)?
Current rebound appears to be a corrective dead-cat bounce.
Expecting the MINOR-2 wave pullback to be a A(a-b-c)-B-C(a-b-c) structure, concluding at either 44K or 37K zone...
On Monday, when the markets fell, there was quite a bit of volume in BTC, consistent with a capitulation.
Do you take the volume into account?
Or, despite that high volume, do you think the price could make a lower low?
August and September are bad months for BTC, your last count would fit, but I have doubts because of that high volume.
Congratulations!
Do you know if wave 2 is over, or if it can still fall further, up to $44k (50%)?