Crypto bottoms when we have our next "world event" similar to covid pandemic | |
Anonymous Coward User ID: 85112413 01/15/2023 04:00 AM Report Abusive Post Report Copyright Violation | Cheese is on the money, and I dont doubt his data...but I'm the evil boomer that bought in low, got out high, and has fled the market... Quoting: pish So not saying hes wrong...but hes playing in an endgame market where sharks are king and things are volatile. I get his mojo...hes playing the numbers game, and it HAS followed numbers on the most part. Im a spectator at this point... So I hope the best for Cheese... But I feel this is a market that has come and gone... Sudden regulations will be the name of the game... but not because people made money...but because they lost... Im BIG into having ZERO debt... thats what people thought in 2014 and 2018. Crypto is still growing, it's far from a dead market. Just the nature of the beast with a totally free market. Whales will play the volatility to staggering levels. Chartwise, low was in. From 20k we go sideways for another 3 months ranging 19-25k. Then things will start to climb. July should be above 40k. Followed by a slow 6-12 month sideways decline rangebound 25-40k. Sometime early to mid 2024 the next bull run begins and will peak late 2024 early 2025. Where does crypto peak this run? I'm guessing 90k-360k. I'd venture to guess % wise the following 60k = 100% or more likely 70k = 95% or more likely 80k = 90% 90k = 85 100k = 80 200k = 50 300k = 25 500k = 10 750k = 5 1M = less than 1% The only thing to stop this would be cripling regulation, like total bans, which is not going to happen at this point. Chartwise it is perfect time to start acclimating :rere23: Read the list by the French flag, you fucking idiot. |
Anonymous Coward User ID: 85112413 01/15/2023 04:01 AM Report Abusive Post Report Copyright Violation | nemo im getting the feeling this is a trap/fakeout rally. exactly like you proposed. trying to short a couple garbage unknown altcoins right now. this just feels TOO easy to keep going up from here. Quoting: Mr Cheese not convinced it has to keep going up anymore. every amateur T.A. person there is became bullish when bitcoin got above the 200 day moving average... the whales know that. i like to do the opposite of what the herd thinks. i only follow bitcoin, but it's already had two sucker rallies in the past 8 months, both rising 4-5k over a couple weeks. 25% rise in 3 days feels super suspicious, I say it's another sucker play, it has a desperate feel to it. Im not seeing a degradation in performance yet but Im 95% sure that bitcoin network is losing miners continously right now. I know 20% of total capacity declared bankruptcy in the past 8 weeks. my guesstimate is 40% loss so far. the whales have to get Bitcoin to high $20s to stop deterioration of bitcoin network, and then $60k by early 2024 just so miners reach breakeven, ie working for free. how long will they work for free? . |
Anonymous Coward User ID: 81632049 United States 01/15/2023 07:18 PM Report Abusive Post Report Copyright Violation | i think the coins that have the most potential are the ones that have never had a bullrun, or the ones that are super new. icp (never had a bullrun and currently around 4/5$. it can easily go over 500$) ape (brand new. can easily 100x or more) magic (brand new. can easily 100x or more) those 3 are the ones i'm looking at right now. if we actually do have this big crash i'm hoping for then i will put out a list of the newest cryptos. the newest ones have the most potential to go the highest. the old coins will not do as well as the most brand new coins. How about multiversx egld? |
nemo_solus
User ID: 78144728 Luxembourg 01/15/2023 08:55 PM Report Abusive Post Report Copyright Violation | nemo im getting the feeling this is a trap/fakeout rally. exactly like you proposed. trying to short a couple garbage unknown altcoins right now. this just feels TOO easy to keep going up from here. Quoting: Mr Cheese not convinced it has to keep going up anymore. every amateur T.A. person there is became bullish when bitcoin got above the 200 day moving average... the whales know that. i like to do the opposite of what the herd thinks. Hi Cheese! There is a lot of logic in being contrarian. I'm still not completely convinced this isn't some sort of exit pump or such and the whole Stablecoin thing bothers me, but they are what they are. Our struggle is to figure out how to trade what it is. I'm sort of at a crossroads - my original trade plan has gone essentially as anticipated (although much faster than expected) and I'm waiting to see how the market will go next. https://imgur.com/a/oo1R7wy The flow of Stablecoin cash has been my primary signal and as it's now down along the lower support trend I'm waiting to see how it reacts. If it continues with the pattern, it should go back up again, signaling lower prices. If it breaks down, the pattern is invalidated and it is likely we are going into a more bullish period (for however long that may be). https://imgur.com/a/wENEPgs Stepping back to the weekly BTC:USD chart and looking at the RSI & MFI, the market is not oversold at all and the MA's indicate we can see the new likely resistance zone and target price if we continue up (~$24500). I'm still in the same longs as from two weeks ago and still going to go with the idea that we may catch some FOMO and things will continue to pump. However, I have adjusted my trailing stops closer now to preserve more profit. Your idea to look at the newer Alts that haven't had a good pump cycle yet is a good one, ICP/APE will be on my list to look at! Last Edited by nemo_solus on 01/15/2023 08:57 PM |
Anonymous Coward User ID: 84400679 United States 01/15/2023 09:08 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 16242016 United States 01/15/2023 09:36 PM Report Abusive Post Report Copyright Violation | So far mescal annon has been right on the money with 15600 so until that is destroyed, he is the new CryptoGod of Godlike :P Quoting: Anonymous Coward 84400679 yes, he is, for now. and that 17.5k bitcoin bottom guy (Name started with a "T" i think? Nice guy. I liked him. i think he disappeared.) was the crypto god for 5 months while i kept telling everyone 17.5k was not the bottom over and over and over and over. Took me 5 months to be right about 17.5k not being the bottom. Or maybe i'm right and the markets are just moving way...slower... than we all... think... they are... .... ... moving. Still don't think it's possible it can bottom until it goes down to at least 10k area. I'm still leaning towards the 8k area. Specifically, still looking at 8900$. Maybe this drags on until end of 2023. Still think it's possible it bottoms october 13th 2023 on the Solar Eclipse new moon. I really think that's just so unique that bitcoin is gravitating towards it. Bitcoin loves to bottom on full/new moons. Bitcoin usually bottoms around the 11th of a month. |
Anonymous Coward (OP) User ID: 16242016 United States 01/15/2023 09:49 PM Report Abusive Post Report Copyright Violation | economist cover forecasting the 2023 year... [imgur] [link to imgur.com (secure)] ~~~ ~~~ at the very bottom of that picture? [imgur] [link to imgur.com (secure)] Looks like a solar eclipse to me. |
Anonymous Coward (OP) User ID: 16242016 United States 01/15/2023 09:49 PM Report Abusive Post Report Copyright Violation | |
nemo_solus
User ID: 78144728 Luxembourg 01/15/2023 10:12 PM Report Abusive Post Report Copyright Violation | Myself, I'm worried that Nitrogen is depicted as the star of the tree... The whole business of "Nitrogen emissions" regulation and Nitrogen fertilizer shortages (aka food shortage) as a means of increasing control of the population is really scary stuff. Not sure what is going on with the picture of the head on the left side. Looks like a stomach superimposed on the head - maybe food will be on our minds? Or, we'll have to swallow/digest what ideas they are feeding to us? The birds among the stars over the tree looks a lot like SpaceX Falcon Heavy rockets. Since this is a Crypto thread, I'll also mention that the diamond looking shape in the center of the tree trunk looks a lot like the Ethereum logo ... Last Edited by nemo_solus on 01/15/2023 10:28 PM |
Anonymous Coward (OP) User ID: 16242016 United States 01/15/2023 10:39 PM Report Abusive Post Report Copyright Violation | The birds among the stars over the tree looks a lot like SpaceX Falcon Heavy rockets. Quoting: nemo_solus [imgur] [link to imgur.com (secure)] |
nemo_solus
User ID: 78144728 Luxembourg 01/15/2023 10:50 PM Report Abusive Post Report Copyright Violation | The birds among the stars over the tree looks a lot like SpaceX Falcon Heavy rockets. Quoting: nemo_solus https://imgur.com/a/q5g9I5K Maybe, but since they were shown as birds (birds fly) and amongst stars, the rocket seems more symbolic to me. Maybe we're sending Ukrainians to the stars? Or giving them orbital capable rockets ... Or more Starlink capabilities... Last Edited by nemo_solus on 01/15/2023 10:50 PM |
Anonymous Coward (OP) User ID: 16242016 United States 01/15/2023 10:56 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 16242016 United States 01/15/2023 11:00 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 16242016 United States 01/17/2023 10:12 PM Report Abusive Post Report Copyright Violation | nemo, i'm still not sure what's happening. i mean yeah it's going to go lower eventually... but i'm not 100% how, yet. this is still my best guess. [imgur] [link to imgur.com (secure)] yellow moving average is the 200 week moving average white moving average is the 50 week moving average both are two very very very important and traded moving averages... notice that bitcoin has never been under the 200 week for this long. notice also that the white(50 week) has never gotten down to the yellow (200 week). well those two moving averages converge on the recent high of 25k... and they do it in mid february. this entire thing STINKS of the months before the march 2020 covid crash to me right now. i continue to make the case that we are repeating the 2020 bottom. i continue to say that i think we are about to do a plandemic 2.0/lockdown/(maybe riots). I strongly think it's about to be 2020 all over again. If we are repeating 2020... that means that 9500-9700$ is the bottom and that it happens around march 13th, 2023. Still think that's my best guess right now. |
Anonymous Coward (OP) User ID: 16242016 United States 01/17/2023 10:17 PM Report Abusive Post Report Copyright Violation | two things that makes this interesting... is this shows bitcoin making a major top in march 2024... and making the final top in november 2024. everyone expects a crash in march 2024 because of it being the march before the next u.s. election and the fact that bitcoin often follows a 4 year cycle. i believe that's wrong. i believe that the final crash may be coming... in about two months. topping markets on the day we elect the next president(november 2024) would be the best way for democrats to get votes. i do believe that's how/why they manipulate markets. create voter euphoria on election day with all time high markets. VOTE DEMOCRAT HARDER GUYS. and then tank the markets again basically as soon as the elections are over. |
Anonymous Coward User ID: 77426785 Canada 01/17/2023 10:42 PM Report Abusive Post Report Copyright Violation | Eth, BTC are okay for a small returns, but were a much better investment 7+ years ago. TA & charting are innacurate because the small crypto "market" is manipulated & trading bots run it all, The real life-changing gains will be made with the adoption of utilizing real world applicable asset tokens such as XRP, XLM, XDC once they go live & are being used- following regulations. Banks, retail will not touch BtC or Eth with a 100 mile pole, as there are too many cons- can't scale, power usage, high fees, too slow, far too volitaile to be a 'store of value' etc. |
Anonymous Coward (OP) User ID: 16242016 United States 01/17/2023 11:36 PM Report Abusive Post Report Copyright Violation | Ripple CEO is speaking at Davos this week, they are the most well connected company in the space with decentralized software & nodes all over the world, even one in Antarctica Quoting: Anonymous Coward 77426785 Eth, BTC are okay for a small returns, but were a much better investment 7+ years ago. TA & charting are innacurate because the small crypto "market" is manipulated & trading bots run it all, The real life-changing gains will be made with the adoption of utilizing real world applicable asset tokens such as XRP, XLM, XDC once they go live & are being used- following regulations. Banks, retail will not touch BtC or Eth with a 100 mile pole, as there are too many cons- can't scale, power usage, high fees, too slow, far too volitaile to be a 'store of value' etc. let me be clear... i have been the biggest xrp hater since 1.70$ on this forum. it has nothing but gone lower and lower since i've been calling it a bear market for xrp... if bitcoin crashes to 9500/9700 like i think it might mid march 2023... and as long as xrp does NOT go below 11 cents in march 2023... xrp really might have the bull market that ethereum had last year. 2023/2024 really might be the year of xrp. if that does happen you will see me become a big xrp fanboy, along basically every other crypto... but xrp could come up to 10$ or 15$ or so. i don't think it'll go much higher than that. XRP will not go to 589, or 10,000, or some other ridiculous price. |
Anonymous Coward (OP) User ID: 16242016 United States 01/18/2023 12:41 AM Report Abusive Post Report Copyright Violation | Nemo, bitcoin currently at 21,284. It's jan 18th right now. I really want to see a small pop up to 22k or so and then a violent drop down to 20k. I'd like to see that happen by jan 21st. If we see that happen? Then i am increasingly suspicious that this will be the left shoulder of a giant head and shoulders that will take us down to 9500/9700 in mid march 2023. That is EXACTLY what happened before the covid crash in march 2020. Still think 25k is the top and think it happens around mid february right now. I think that the 200 day moving average will be support (just like you suggested as a possibility a few days ago) and i think that happens in about a week or so in the 19.8k-20k area. Really excited man. If this left shoulder materializes then i will have to make a bitchute to announce this to the world. It's that important. This is more than just crypto for me. I believe I see the future tyrannical global event to be happening in mid march 2023. I may be crazy and that may not happen... but right now I am as confident as I can be without really having any evidence that we will have a major global event in mid march. 9500-9700$ final crypto bottom mid march 2023 is my thoughts right now, as long as this continues to follow. |
Anonymous Coward (OP) User ID: 16242016 United States 01/18/2023 01:20 AM Report Abusive Post Report Copyright Violation | For anyone curious, the arrow on the left is where i think bitcoin is today in comparison to 2020 before the covid crash. the big circle on the bottom is the march 2020 covid lockdown crash. this is what i think is coming right now and at the moment i think this is the final bottom before the bullrun really starts. 9500-9700$ in mid march 2023. [imgur] [link to imgur.com (secure)] if this happens, then it is the bottom for all crypto. ALL OF THEM. If this happens, follow my thread. I'll tell you when to sell. If this happens? Bitcoin makes it final last top on the presidential election day in the u.s. in 2024. November 5th, 2024. Guessing bitcoin tops in the 150k area in 2024 (if this crash actually happens). |
Anonymous Coward User ID: 79804735 Germany 01/18/2023 01:30 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward (OP) User ID: 16242016 United States 01/18/2023 01:32 AM Report Abusive Post Report Copyright Violation | Shiba Inu making a nice run for over a week and still going strong. Quoting: Anonymous Coward 79804735 Up over 20% today if my theory is right that we are repeating the covid crash, then all coins will go up until feb 13th-ish and make their respective tops. keep feb 13th in your mind. that's when i'm thinking it reverses down right now |
Anonymous Coward User ID: 47313093 United States 01/18/2023 01:40 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 47313093 United States 01/18/2023 01:41 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 85124481 Germany 01/18/2023 01:43 AM Report Abusive Post Report Copyright Violation | two things that makes this interesting... is this shows bitcoin making a major top in march 2024... and making the final top in november 2024. Quoting: Mr Cheese everyone expects a crash in march 2024 because of it being the march before the next u.s. election and the fact that bitcoin often follows a 4 year cycle. i believe that's wrong. i believe that the final crash may be coming... in about two months. march 2024 is when the coin halving will probably happen, cutting miner income in half. 330k annual coins to 165k. if whales get the price into $30k - $60k, it puts miners into positive cashflow until goes negative again by halving the income. and bitcoin should be sucking about $200 terawatts by then. like i said, bitcoin dies in its current state, it's guaranteed at this point. energy use is exponential while income halves at regular intervals. dead. just a matter of time. |
Anonymous Coward User ID: 85124481 Germany 01/18/2023 01:48 AM Report Abusive Post Report Copyright Violation | We will be heading back down within the next 72 hrs. This rally was instant and without a catalyst. ETH back to 1k and below in short order Quoting: Anonymous Coward 47313093 i agree. it was a desperate attempt by a current holder to spark a FOMO rally based on their position and sentiment readings they think they can exploit and sell into. . |
Anonymous Coward (OP) User ID: 16242016 United States 01/18/2023 01:48 AM Report Abusive Post Report Copyright Violation | march 2024 is when the coin halving will probably happen, Quoting: Anonymous Coward 85124481 cutting miner income in half. 330k annual coins to 165k. if whales get the price into $30k - $60k, it puts miners into positive cashflow until goes negative again by halving the income. and bitcoin should be sucking about $200 terawatts by then. like i said, bitcoin dies in its current state, it's guaranteed at this point. energy use is exponential while income halves at regular intervals. dead. just a matter of time. if this bullrun actually happens then it is the last one i will be involved in crypto. i agree with you that... this shit can't last forever. I also think that eventually it will all go to nearly zero. Eventually. i'd like it known that i'm anticipating the next halving (may 2024) is going to crash the market (it has never crashed the market before). i don't think the next halving will be good. i'll sell in march/april 2024. Because again... i agree with you that this shit can't last forever. |
Anonymous Coward User ID: 84671146 Canada 01/18/2023 01:54 AM Report Abusive Post Report Copyright Violation | Ripple CEO is speaking at Davos this week, they are the most well connected company in the space with decentralized software & nodes all over the world, even one in Antarctica Quoting: Anonymous Coward 77426785 Eth, BTC are okay for a small returns, but were a much better investment 7+ years ago. TA & charting are innacurate because the small crypto "market" is manipulated & trading bots run it all, The real life-changing gains will be made with the adoption of utilizing real world applicable asset tokens such as XRP, XLM, XDC once they go live & are being used- following regulations. Banks, retail will not touch BtC or Eth with a 100 mile pole, as there are too many cons- can't scale, power usage, high fees, too slow, far too volitaile to be a 'store of value' etc. let me be clear... i have been the biggest xrp hater since 1.70$ on this forum. it has nothing but gone lower and lower since i've been calling it a bear market for xrp... if bitcoin crashes to 9500/9700 like i think it might mid march 2023... and as long as xrp does NOT go below 11 cents in march 2023... xrp really might have the bull market that ethereum had last year. 2023/2024 really might be the year of xrp. if that does happen you will see me become a big xrp fanboy, along basically every other crypto... but xrp could come up to 10$ or 15$ or so. i don't think it'll go much higher than that. XRP will not go to 589, or 10,000, or some other ridiculous price. Like usual, your interpretative skills need work- I was talking about utility, not price. Prices are irrelevant as digital software gets adopted then used- the speculative projects will all die, anything mined, anything hooked to Tether (printing chinese commercial paper) it's a big, ugly, corrupt, centralized waste of electricity. You still don't get it, do you? |
Anonymous Coward User ID: 85124481 Germany 01/18/2023 02:00 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 84671146 Canada 01/18/2023 02:02 AM Report Abusive Post Report Copyright Violation | two things that makes this interesting... is this shows bitcoin making a major top in march 2024... and making the final top in november 2024. Quoting: Mr Cheese everyone expects a crash in march 2024 because of it being the march before the next u.s. election and the fact that bitcoin often follows a 4 year cycle. i believe that's wrong. i believe that the final crash may be coming... in about two months. march 2024 is when the coin halving will probably happen, cutting miner income in half. 330k annual coins to 165k. if whales get the price into $30k - $60k, it puts miners into positive cashflow until goes negative again by halving the income. and bitcoin should be sucking about $200 terawatts by then. Like i said, bitcoin dies in its current state, it's guaranteed at this point. energy use is exponential while income halves at regular intervals. dead. just a matter of time. This guy gets it Miners are getting liquidated & it is more expensive than worth it to mine, more profitable to sell their graphics cards & PC components & get out while they still can No, lightning network will not fix anything, it just doesn't scale. It cannot handle transactions, network gets clogged, high fees render it useless. Zero use case, utility or value- just another ponzi scheme It was never meant to succeed, bItcoins job was to introduce the ideas of digital value/currency & blockchain to the public to prime them before CBDCs & the useful digital assets bring in the new digital financial system which the banks have been building behind the scenes for decades CTO of Ripple david schwartz first blockchain patent goes back to 1988, he worked at the NSA- it's all planned out Since its job is done, Btc will be put out to pasture. You are trying to make gains on some antiquated tech while the future is staring you in the face... |
Anonymous Coward User ID: 85124481 Germany 01/18/2023 02:04 AM Report Abusive Post Report Copyright Violation | it's such simple math Quoting: Anonymous Coward 85124481 1.77 million coins left @ $21k = $37 billion of income Bitcoin network uses $15 billion in energy, growing $17k per year of cost. it can't work. period. correction. 17% energy increase which must rise if bitcoin adds users. its an n x (n-1) function. at 200 million wallets, each new user adds 200 million transactions because every wallet must talk to every other wallet about every transaction. . . |