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Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)

 
Anonymous Coward
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07/29/2021 11:29 PM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
Ladies and gentlemen, my masterpiece.

[imgur] [link to imgur.com (secure)]

8500$ bitcoin on EXACTLY december 21st, 2021.

Enjoy your covid lockdown during christmas. We lockdown probably around december 19th-23rd. Anywhere in there.

Merry fucking christmas everyone.
eyeDR3

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07/29/2021 11:38 PM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
OP great point and that is only 1 aspect of so so many!

With the actual depression I've felt lately, I can see the great depression coming. The economy follows the sentiment of the people.
:memorybanner:
nemo_solus

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07/29/2021 11:59 PM

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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
Update for my covid lockdown #2 timeline. I'm pretty sure we lockdown countries very near January 1st, 2022. Probably the day before to make sure that nobody has any fun for new year's celebrations.

States in the U.S. should start shutting down on christmas (12/24/2021-12/25-2021). I'm basing this on states shutting down in the same spot of the crash pattern as back in march of 2020.

Then the big government wide shutdown of the country for new year's. Other countries will follow the United states and do the same thing.

8500$ bitcoin very near January 1st, 2022. I'm buying it.
 Quoting: Mr. Cheese



You've undoubtedly heard the old saying that the markets can stay irrational longer than you can stay solvent, so who can say what the exact timing is on any of this?

On the charts, I see exponential, now nearly vertical lines going up - something I know is completely unsustainable for any real length of time.

So it seems to me that a major correction, if not an outright collapse, is more likely sooner rather than later.

Although a major market event can happen at any time, in the US markets there is an affinity to the September - October time frame for many of the more notable ones, so I'd be more inclined to these dates or the roughly March-May time frame as there is another historical cluster there (such as the dot-com crash and original COVID crash).

Using the COVID response as a cover for bailing out or otherwise propping up the financial industry seems like something that will be tried again but I'm not sure how successful it will be this time around.

Unlike dollars, you can't print up more of the goodwill, faith and trust of the people that was consumed and destroyed over the past year and a half.

I kind of see this as a bit of a "wild card" and could be deployed at any time.
nemo_solus

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07/30/2021 12:20 AM

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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
Ladies and gentlemen, my masterpiece.

https://imgur.com/a/avQ1X2w


8500$ bitcoin on EXACTLY december 21st, 2021.

 Quoting: Mr. Cheese


That's a great wide-angle, 30000ft view of the situation - an awesome find!

I'm certainly a believer in TA and the guidance it can deliver, and certainly do agree with the premise that TPTB will try to use the prior COVID playbook to bail out and rescue the markets from doom.

However, it's worth reminding ourselves that sometimes the "fundamentals" matter a lot too and the "Masters of the Universe" can only do so much, no matter what they may otherwise think.

Watching and listening to how people are beginning to react to the growing general awareness of the possibility of another lockdown and not being able to return back to "normal" life anytime soon is very concerning. I think there is a real opportunity for things to get out of control in a variety of ways. Again, I see this as something of a "wild card" and can result in a good chance of unpredictability.

Last Edited by nemo_solus on 07/30/2021 12:20 AM
Anonymous Coward
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07/30/2021 12:23 AM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
I will say that this date of december 21st 2021 was created as the crash date the moment the march 2020 lockdown crash happened. That was the day that created december 21st 2021 as the bottom for the next cycle.

Predicting 8500$ bitcoin required 4 points in time which create an intersection off in the future by making two lines from those 4 points. The 4th point in time was created in march 2020.

This is what I say to you. It's very predictable. Sometimes. Not all the time by any means. But this one single time. It's very predictable.
nemo_solus

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07/30/2021 12:27 AM

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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
One thing I will add about bitcoin that makes it unique to other markets... is that bitcoin already knows what it is going to do. Bitcoin has already created it's path for the next year or more.

The problem... is that we humans don't know the path. But bitcoin does.

Whales can influence price a little, truly. But they cannot alter the long-term path of bitcoin without costing themselves a lot of money in the process (losing money by selling it lower than they should or losing money buying it higher than they should). It's not in a whale's best interest to fight the market. They go with the tide to make the most profit.

Bitcoin is a very predictable machine once you understand it. I'm not saying I'm perfect because I'm not. But I am confident I am right about this. And I am very sure I am right about 8500$ on december 21st. And I'm confident this is when the stock markets bottom. And I'm confident we covid lockdown on this day because we covid lockdown'd for the last crash in march 2020.
 Quoting: Mr. Cheese


Would you say that there is a possibility the BTC price will drop substantially earlier to the major down-sloping support and then slide down that line to end up at $8500?

Or would you see it more likely to follow the downwards line from the current price to $8500?
Anonymous Coward
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07/30/2021 12:38 AM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
One thing I will add about bitcoin that makes it unique to other markets... is that bitcoin already knows what it is going to do. Bitcoin has already created it's path for the next year or more.

The problem... is that we humans don't know the path. But bitcoin does.

Whales can influence price a little, truly. But they cannot alter the long-term path of bitcoin without costing themselves a lot of money in the process (losing money by selling it lower than they should or losing money buying it higher than they should). It's not in a whale's best interest to fight the market. They go with the tide to make the most profit.

Bitcoin is a very predictable machine once you understand it. I'm not saying I'm perfect because I'm not. But I am confident I am right about this. And I am very sure I am right about 8500$ on december 21st. And I'm confident this is when the stock markets bottom. And I'm confident we covid lockdown on this day because we covid lockdown'd for the last crash in march 2020.
 Quoting: Mr. Cheese


Would you say that there is a possibility the BTC price will drop substantially earlier to the major down-sloping support and then slide down that line to end up at $8500?

Or would you see it more likely to follow the downwards line from the current price to $8500?
 Quoting: nemo_solus


I really would like it to stay above both of those two major support lines. I would like it to stay above all 3 bold white lines honestly.

I suppose it's possible it could drop to the bottom line... but if it does that before december 21st 2021 I will be very scared and no longer interested in buying bitcoin. I'm only interested in december 21st because it's the intersection of 3 very valid and very real support lines.

Here's the path I think it will take.

[imgur] [link to imgur.com (secure)]
Wayne Gabler

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07/30/2021 12:44 AM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
If all the profits go to the same place as in the beginning, that might be a good thing, depending on who buys up the 'worthless companies'.



The debt the US is piling up in records amounts are pure profit for the EU Banks that are making the money available at about 7% interest.
[link to usafacts.org (secure)]
How much does the government spend and where does the money go? How does this affect the national debt?

Last Edited by Wayne Gabler on 07/30/2021 12:48 AM
baexpress

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07/30/2021 12:48 AM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
lol

you know nothing
 Quoting: Head2Bunker


hesright
Anonymous Coward
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07/30/2021 12:57 AM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
Okay nemo I'm glad I looked way way further back in time for more accuracy on the bottom trendline.

I now have exactly 2 possibilities for when this crash happens.

Either

A: december 21st - 8500$ like I originally thought below.

[imgur] [link to imgur.com (secure)]

or B: October 25th - 8700$ which is below.

[imgur] [link to imgur.com (secure)]

_____________________________________________________

Superimposing the 2019 fractal on top of the current 2021 bullrun... it looks like it matches up more with the october 25th theory.

Hmmm....

Which will it be?
nemo_solus

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07/30/2021 12:59 AM

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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
Would you say that there is a possibility the BTC price will drop substantially earlier to the major down-sloping support and then slide down that line to end up at $8500?

Or would you see it more likely to follow the downwards line from the current price to $8500?
 Quoting: nemo_solus


I really would like it to stay above both of those two major support lines. I would like it to stay above all 3 bold white lines honestly.

I suppose it's possible it could drop to the bottom line... but if it does that before december 21st 2021 I will be very scared and no longer interested in buying bitcoin. I'm only interested in december 21st because it's the intersection of 3 very valid and very real support lines.

Here's the path I think it will take.

https://imgur.com/a/pNkRK7R

 Quoting: Mr. Cheese


Thanks - was just wondering what path you were thinking it might be most likely to take.

I was wondering how the BTC:USD pair might react to the dollar gaining (temporary) strength as a safe haven during a market collapse or would people just be pulling out of all assets and looking to preserve liquidity?
nemo_solus

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07/30/2021 01:10 AM

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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
Okay nemo I'm glad I looked way way further back in time for more accuracy on the bottom trendline.

I now have exactly 2 possibilities for when this crash happens.

Either

A: december 21st - 8500$ like I originally thought below.

https://imgur.com/a/avQ1X2w


or B: October 25th - 8700$ which is below.

https://imgur.com/4mNvsHQ


_____________________________________________________

Superimposing the 2019 fractal on top of the current 2021 bullrun... it looks like it matches up more with the october 25th theory.

Hmmm....

Which will it be?
 Quoting: Mr. Cheese


Very interesting - time will tell!

It's certainly possible that BTC will go up some from where it is now as there are a few weeks left yet in the Summer to play out, but overall I see more room to go down than up.

Although there have been years where it's not gone down into the year end, in this year and regardless of the stock market issues, I can see folks in the Crypto space wanting to take profits off the table as the year winds down and the COVID response situation gets more uncertain - I can completely buy the December 21 date from that perspective as well.

Last Edited by nemo_solus on 07/30/2021 01:17 AM
DragonKiller

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07/30/2021 01:14 AM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
Hello everyone. Some of you know me from my recent post about xrp/crypto doom that went to 100 pages before I got sick of the Anonymous Cowards and deleted my free account.

Well I recreated my account. No Anonymous Cowards will be allowed here. I actually paid for a membership to keep the AC's OUT of here.

I will remove posts that I think are stupid. Any video shilling a shitty crypto gets deleted.
_______________________________

The stock market is about to enter full doom. Crypto too. I'll tell you the play by play in here.

I'll tell you EXACTLY when we're about to covid lockdown. Its all based on the asset markets.

This is 100% bullshit and repeating the stock market bullshit before covid lockdown #1 in march 2020.

Its all a scam to steal your money. I won't be in the previous xrp thread any longer. This is my new doom thread.

I am 100% sure ill nail the covid lockdown a couple weeks ahead of time. Right now its projecting to mid to late September. It might adjust to a little later as the time comes.

________________________________

Ethereum 500$ in a month. 75% drop.
Bitcoin 8000$ in a month. 75% drop.
Xrp 10-20cents in a month. 75% drop.
S&p500 crashes 30-50% in a month.
Dow Jones crashes 30-50% in a month.

Then they go up a little for a few weeks.

Then we drop AGAIN. Much worse.

THEN we covid lockdown.

They will covid lockdown to scare you into selling THEM your assets at the bottom. The whole point of the lockdown is to scare you out of assets. It's all about money. Nothing else.
 Quoting: Mr. Cheese

OPIE.

what is your thoughts on gold and silver??? will they crash too or will they go up higher making new all time highs???

and when you say "crash in a month", you mean the markets will START to crash in early September???

Last Edited by DragonKiller on 07/30/2021 01:15 AM
DragonKiller
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07/30/2021 01:17 AM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
Hello everyone. Some of you know me from my recent post about xrp/crypto doom that went to 100 pages before I got sick of the Anonymous Cowards and deleted my free account.

Well I recreated my account. No Anonymous Cowards will be allowed here. I actually paid for a membership to keep the AC's OUT of here.

I will remove posts that I think are stupid. Any video shilling a shitty crypto gets deleted.
_______________________________

The stock market is about to enter full doom. Crypto too. I'll tell you the play by play in here.

I'll tell you EXACTLY when we're about to covid lockdown. Its all based on the asset markets.

This is 100% bullshit and repeating the stock market bullshit before covid lockdown #1 in march 2020.

Its all a scam to steal your money. I won't be in the previous xrp thread any longer. This is my new doom thread.

I am 100% sure ill nail the covid lockdown a couple weeks ahead of time. Right now its projecting to mid to late September. It might adjust to a little later as the time comes.

________________________________

Ethereum 500$ in a month. 75% drop.
Bitcoin 8000$ in a month. 75% drop.
Xrp 10-20cents in a month. 75% drop.
S&p500 crashes 30-50% in a month.
Dow Jones crashes 30-50% in a month.

Then they go up a little for a few weeks.

Then we drop AGAIN. Much worse.

THEN we covid lockdown.

They will covid lockdown to scare you into selling THEM your assets at the bottom. The whole point of the lockdown is to scare you out of assets. It's all about money. Nothing else.
 Quoting: Mr. Cheese

OPIE.

what is your thoughts on gold and silver??? will they crash too or will they go up higher making new all time highs???

and when you say "crash in a month", you mean the markets will crash in early September???
 Quoting: DragonKiller


Gold and silver both crashed in the covid march 2020 crash so i would assume they both crash for this crash too.

Right now I am going back and forth between october 25th as the crash date and december 21st as the crash date. Both dates are entirely plausible to me right now and I'm waiting for the S&P500 to begin it's dump so I have a better handle on which of these two theories will play out. (or a different one?)

I know this happens within 6 months. I'd wager my life on it. I know this is happening. It's just not begun the crash pattern yet so it's anyone's guess as to exactly when. Once the crash begins, it will be more obvious.
nemo_solus

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Denmark
07/30/2021 01:18 AM

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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
or B: October 25th - 8700$ which is below.

https://imgur.com/4mNvsHQ


_____________________________________________________

Superimposing the 2019 fractal on top of the current 2021 bullrun... it looks like it matches up more with the october 25th theory.

Hmmm....

Which will it be?
 Quoting: Mr. Cheese


Also, I would wonder if when looking at this now as you have opened up to an even wider view, there isn't some merit to the idea of not only reverting back to the trend line, but also going below (overshooting) before returning to the mean trend line?
Anonymous Coward
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07/30/2021 01:25 AM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
Oh there absolutely is merit to that. My argument against that in this one instance is because it's a double trendline support. Not just a downsloping but an upsloping one as well.

It's creating what is called a break hook and go pattern and i feel the double trendline support gives it a very good possibility to be a concrete wall that the market cannot go through...

Of course, it's a theory. Ive been wrong before.
DragonKiller

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United States
07/30/2021 01:40 AM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
Hello everyone. Some of you know me from my recent post about xrp/crypto doom that went to 100 pages before I got sick of the Anonymous Cowards and deleted my free account.

Well I recreated my account. No Anonymous Cowards will be allowed here. I actually paid for a membership to keep the AC's OUT of here.

I will remove posts that I think are stupid. Any video shilling a shitty crypto gets deleted.
_______________________________

The stock market is about to enter full doom. Crypto too. I'll tell you the play by play in here.

I'll tell you EXACTLY when we're about to covid lockdown. Its all based on the asset markets.

This is 100% bullshit and repeating the stock market bullshit before covid lockdown #1 in march 2020.

Its all a scam to steal your money. I won't be in the previous xrp thread any longer. This is my new doom thread.

I am 100% sure ill nail the covid lockdown a couple weeks ahead of time. Right now its projecting to mid to late September. It might adjust to a little later as the time comes.

________________________________

Ethereum 500$ in a month. 75% drop.
Bitcoin 8000$ in a month. 75% drop.
Xrp 10-20cents in a month. 75% drop.
S&p500 crashes 30-50% in a month.
Dow Jones crashes 30-50% in a month.

Then they go up a little for a few weeks.

Then we drop AGAIN. Much worse.

THEN we covid lockdown.

They will covid lockdown to scare you into selling THEM your assets at the bottom. The whole point of the lockdown is to scare you out of assets. It's all about money. Nothing else.
 Quoting: Mr. Cheese

OPIE.

what is your thoughts on gold and silver??? will they crash too or will they go up higher making new all time highs???

and when you say "crash in a month", you mean the markets will crash in early September???
 Quoting: DragonKiller


Gold and silver both crashed in the covid march 2020 crash so i would assume they both crash for this crash too.

Right now I am going back and forth between october 25th as the crash date and december 21st as the crash date. Both dates are entirely plausible to me right now and I'm waiting for the S&P500 to begin it's dump so I have a better handle on which of these two theories will play out. (or a different one?)

I know this happens within 6 months. I'd wager my life on it. I know this is happening. It's just not begun the crash pattern yet so it's anyone's guess as to exactly when. Once the crash begins, it will be more obvious.
 Quoting: Mr. Cheese


do you think the "cyber pandemic" as stated by Klaus Schwab will happen before the crash? which month?
DragonKiller
DragonKiller

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07/30/2021 01:33 PM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
OPIE

one more thing... there is chatter that the next lockdown will happen in the 2nd week of August... so maybe you are slightly wrong with your prediction dates

Thread: Lock Downs Coming - Second Week of August!!!!


DragonKiller
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User ID: 80177537
Netherlands
07/30/2021 02:29 PM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
OPIE

one more thing... there is chatter that the next lockdown will happen in the 2nd week of August... so maybe you are slightly wrong with your prediction dates

Thread: Lock Downs Coming - Second Week of August!!!!


 Quoting: DragonKiller


I know the lockdown will coincide with a big crash across all financial markets. The stock markets are ready to begin the crash but they haven't begun the crash yet so I'm not on big alert yet.

As soon as they begin the big crash I'll start posting like crazy with a very accurate timetable for the lockdown date.

Right now all I can say is soon. Bitcoin looks like it will top out around 43k around August 31st right now.. Bitcoin looks like it crashes to 20k near October 1st to me right now.

So October 1st is an interesting time period to me for financial panic. I don't think this will be the BIG crash though. I think October 1st is the prelude crash to the big crash.

I'm still leaning towards a Christmas lockdown.
Anonymous Coward
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Netherlands
07/30/2021 02:47 PM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
Hello everyone. Some of you know me from my recent post about xrp/crypto doom that went to 100 pages before I got sick of the Anonymous Cowards and deleted my free account.

Well I recreated my account. No Anonymous Cowards will be allowed here. I actually paid for a membership to keep the AC's OUT of here.

I will remove posts that I think are stupid. Any video shilling a shitty crypto gets deleted.
_______________________________

The stock market is about to enter full doom. Crypto too. I'll tell you the play by play in here.

I'll tell you EXACTLY when we're about to covid lockdown. Its all based on the asset markets.

This is 100% bullshit and repeating the stock market bullshit before covid lockdown #1 in march 2020.

Its all a scam to steal your money. I won't be in the previous xrp thread any longer. This is my new doom thread.

I am 100% sure ill nail the covid lockdown a couple weeks ahead of time. Right now its projecting to mid to late September. It might adjust to a little later as the time comes.

________________________________

Ethereum 500$ in a month. 75% drop.
Bitcoin 8000$ in a month. 75% drop.
Xrp 10-20cents in a month. 75% drop.
S&p500 crashes 30-50% in a month.
Dow Jones crashes 30-50% in a month.

Then they go up a little for a few weeks.

Then we drop AGAIN. Much worse.

THEN we covid lockdown.

They will covid lockdown to scare you into selling THEM your assets at the bottom. The whole point of the lockdown is to scare you out of assets. It's all about money. Nothing else.
 Quoting: Mr. Cheese

OPIE.

what is your thoughts on gold and silver??? will they crash too or will they go up higher making new all time highs???

and when you say "crash in a month", you mean the markets will crash in early September???
 Quoting: DragonKiller


Gold and silver both crashed in the covid march 2020 crash so i would assume they both crash for this crash too.

Right now I am going back and forth between october 25th as the crash date and december 21st as the crash date. Both dates are entirely plausible to me right now and I'm waiting for the S&P500 to begin it's dump so I have a better handle on which of these two theories will play out. (or a different one?)

I know this happens within 6 months. I'd wager my life on it. I know this is happening. It's just not begun the crash pattern yet so it's anyone's guess as to exactly when. Once the crash begins, it will be more obvious.
 Quoting: Mr. Cheese


do you think the "cyber pandemic" as stated by Klaus Schwab will happen before the crash? which month?
 Quoting: DragonKiller


That I honestly don't know. I do believe it's all made up bullshit to explain why markets crash and/or they lock us down though.

Everything they say is a lie. Trust none of it.
Anonymous Coward
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07/30/2021 02:59 PM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
I think I underestimated bitcoins potential bullishness for the next month or two. Still think this is the bear market but it could come up to 54k if the whales want it to before the bear market is in full swing.

Just food for thought. I'm not making any trades for a good while until it's starting to look predictable again. Probably waiting a month.
nemo_solus

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Austria
07/30/2021 10:44 PM

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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
I think I underestimated bitcoins potential bullishness for the next month or two. Still think this is the bear market but it could come up to 54k if the whales want it to before the bear market is in full swing.

Just food for thought. I'm not making any trades for a good while until it's starting to look predictable again. Probably waiting a month.
 Quoting: Mr. Cheese


From a fundamental point of view, I think we are (all?) mostly in agreement that a major market event to the downside is more probable than not sometime within the next 8 months. Myself, I believe the evidence at the moment biases the event to sooner rather than later in that time frame.

I'm still continuing to trade crypto where possible but looking to keep the risk exposure to a minimum by staying in any trade no longer than a few hours.

My goal is many small trades with a small percentage net profit and a net positive win rate accumulated over the long term regardless of the market trend up or down utilizing trade automation and bots.

It's certainly not the strategy for everyone, but it works for me.
Anonymous Coward
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07/30/2021 11:21 PM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
do you get into harmonics nemo?

I think bitcoin could be printing a huuuuge bearish gartley right now. The gartley could go up to 54/57k. I'm not convinced this will happen but if I see it I will get super excited.

Bitcoin has never made a gartley this big before... and it would have to break above the weekly 21 ema... which has never happened ever once a bear market started...

I dunno. Plausible. Unlikely. But if it happens...? Potential 85% short. Bitcoin is super bullish right now. I mean a lot. It has the power to go up that high right now and shit on all those moving averages that average traders live by and will be shorting...

There's going to be volatility like crazy the coming weeks and months.

My next trade is a short at 51,100$ aiming for 37,000. Its the B of a theoretical gartley.

To put a timeliness on 57k... if it's the d wave of a bearish gartley it could take as long as mid October.

There's a chance this bull market continues too. Once we hit 51k all of a sudden I'm giving the bull market a small chance at continuing. Not a big chance. But a small one. It has to get over 57k for the bull market to be a go.

I'm waiting on daily bearish divergence to make trades going forward. If it's bearish it will show bearish divergence on the daily.
Anonymous Coward
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07/31/2021 12:18 PM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
8k - 54k. :dog:
nemo_solus

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07/31/2021 09:20 PM

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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
do you get into harmonics nemo?

I think bitcoin could be printing a huuuuge bearish gartley right now. The gartley could go up to 54/57k. I'm not convinced this will happen but if I see it I will get super excited.
 Quoting: Mr. Cheese


I've looked at them along with others as the markets do behave in harmonic/fractal patterns (as does the physical world).

Mostly I just like to keep it simple and stick to the basic Fibonacci sequence patterns in price and time.

I guess my biggest issue with things like Gartley and Elliott Wave is that I find it's too easy to let subjective influences sway the making of the patterns.

That being said, I did spend some time studying the posts by Alexander Nikitin over on Tradingview ( [link to www.tradingview.com (secure)] and using his software ( [link to mps-trade.com (secure)] that helps automate and determine patterns without human biases.

If that sort of thing interests you, I can certainly recommend it, although I did find it a bit overpriced at the time.
eyeDR3

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08/01/2021 01:43 PM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
bump
 Quoting: ^TrInItY^


What up Trin, long time no see!
:memorybanner:
nemo_solus

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08/01/2021 04:10 PM

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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
bump
 Quoting: ^TrInItY^


Certainly agree - more discussion would be welcome.

There is not much more I could offer at this point. I think we're just going to have to wait to see how it plays out.

Others have observed that the frequency of events are coming so quickly of late that time itself seems to be becoming compressed - maybe we won't have to wait too much longer.

Last Edited by nemo_solus on 08/01/2021 04:10 PM
eyeDR3

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08/01/2021 04:57 PM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
bump
 Quoting: ^TrInItY^


Certainly agree - more discussion would be welcome.

There is not much more I could offer at this point. I think we're just going to have to wait to see how it plays out.

Others have observed that the frequency of events are coming so quickly of late that time itself seems to be becoming compressed - maybe we won't have to wait too much longer.
 Quoting: nemo_solus


hesright

THIS!

It's why lately I'm in a whirlwind of thought. I can barely keep up with my frantic mind and the crumbling world around me at this point!

The quickening!
:memorybanner:
Vision Thing

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08/01/2021 06:26 PM

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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
It's why lately I'm in a whirlwind of thought. I can barely keep up with my frantic mind and the crumbling world around me at this point!

The quickening!
 Quoting: eyeDR3


Is that what it is? I thought it was the caffeine.
eyeDR3

User ID: 79828781
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08/01/2021 06:29 PM
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Re: Bitcoin doom.Ethereum doom. XRP doom. Everywhere... DOOM! (Bear market begins 8/6/2021???)
It's why lately I'm in a whirlwind of thought. I can barely keep up with my frantic mind and the crumbling world around me at this point!

The quickening!
 Quoting: eyeDR3


Is that what it is? I thought it was the caffeine.
 Quoting: Vision Thing


lmao

One of the funniest responses I've seen in a long time!

Thanks!
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GLP