Is anyone else starting to become a bit worried? mod note in first post

sexmag

JohnnyFlash wrote: »

Wasn’t this a site you dismissed only 20 minutes ago? It’s my understanding that this is a widely respected tech website, with articles written in a slight tongue in cheek style. It also would appear to allow differing opinions - always a good sign.....

Probably more FUD, but the ECB today launched this: https://www.ecb.europa.eu/paym/target/tips/html/index.en.html

It enables payment service providers to offer fund transfers to their customers in real time and around the clock, every day of the year. This means that thanks to TIPS, individuals and firms can transfer money between each other within seconds, irrespective of the opening hours of their local bank. It costs .2 of a cent per transaction and takes less than 10 seconds for the end to end process. It doesn’t use blockchain.

Yeah but can the value of the money go up and down in seconds like a lady of the nights knickers?

Wheres the fun in that Johnny?

JJJJNR

JJJJNR wrote: »

inverse head and shoulders pattern has just completed with an uptrend. I think it's a good sign.

So another h&s pattern has formed on bitcoin, this time bigger than before. Buy signal usually but don't take my word on it.

JJJJNR

JJJJNR wrote: »

So another h&s pattern has formed on bitcoin, this time bigger than before. Buy signal usually but don't take my word on it.

I don't think people will tbf.

JJJJNR

Possible 800 euro made this week if you knew what you were doing not a bad week for crypto.

WhiteMemento9

JJJJNR wrote: »

Possible 800 euro made this week if you knew what you were doing not a bad week for crypto.

Pick the bottom, sell at the top. So knowing what you are doing means having a crystal ball :pac:

JJJJNR

3100 was an outlier, so that's the bottom tested, would that be tested again is a good question.

smacl

JJJJNR wrote: »

3100 was an outlier, so that's the bottom tested, would that be tested again is a good question.

I'm following ETH primarily and over the last few months have seen plateaus followed by drops and new lower plateaus. No idea whether this pattern will persist or not but I'm going to wait and see rather than taking a punt. I suspect ETH will get its POS issues sorted, rise sharply when this happens and will still be around in five years time. I am planning on buying again, but amn't in any big hurry.

Truckermal

smacl wrote: »

I'm following ETH primarily and over the last few months have seen plateaus followed by drops and new lower plateaus. No idea whether this pattern will persist or not but I'm going to wait and see rather than taking a punt. I suspect ETH will get its POS issues sorted, rise sharply when this happens and will still be around in five years time. I am planning on buying again, but amn't in any big hurry.

I made great money from ETH this year then lost the whole lot on BCH..:(

JJJJNR

Does anyone on here have any actual real investing experience, not trying to put anyone down just get an answer, there's a third upward trend h&s forming, if it completes could it mean three white soldiers, according to my own research it does. Would that mean a bull return to 190 - 180 on eth.

Yeah, definitely...buy..

JJJJNR

Deleted User wrote: »

Yeah, definitely...buy..

Stfu

sexmag

JJJJNR wrote: »

Does anyone on here have any actual real investing experience, not trying to put anyone down just get an answer, there's a third upward trend h&s forming, if it completes could it mean three white soldiers, according to my own research it does. Would that mean a bull return to 190 - 180 on eth.

Nobody here or anywhere can answer that, Its all speculative mate and lots of different things influence crypto.

It's up too you if you think buying now is a good idea,Its just as valid as someone saying I'll wait until tomorrow to buy or sell

JJJJNR

Well normal analysis can, but that's without a whale dumping a sh*t load of coin.

sexmag

JJJJNR wrote: »

Well normal analysis can, but that's without a whale dumping a sh*t load of coin.

I'd like to see these analysis's that have made correct predictions of bull runs.

Can you link to then please?

TheAnalyst_

JJJJNR wrote: »

Does anyone on here have any actual real investing experience, not trying to put anyone down just get an answer, there's a third upward trend h&s forming, if it completes could it mean three white soldiers, according to my own research it does. Would that mean a bull return to 190 - 180 on eth.

You have no idea what will happen or even why anything has happened to date. Like trying to find patterns in clouds.

PS- I do have some real investing experience. I've put fairly large sums in a standard index fund, some property and a pension fund. I've been lucky and done fairly well out of it so far.

JJJJNR

sexmag wrote: »

I'd like to see these analysis's that have made correct predictions of bull runs.

Can you link to then please?

https://www.investopedia.com/terms/t/three_white_soldiers.asp

TheAnalyst_

JJJJNR wrote: »

https://www.investopedia.com/terms/t/three_white_soldiers.asp

Markets are defined by algorithms now so you can forget about all of that stuff.

JJJJNR

TheAnalyst_ wrote: »

You have no idea what will happen or even why anything has happened to date. Like trying to find patterns in clouds.

PS- I do have some real investing experience. I've put fairly large sums in a standard index fund, some property and a pension fund. I've been lucky and done fairly well out of it so far.

Ok so my theory is if the current h&s trend on eth closes out above 109(euro) that it is entering a bull run, if I buy one eth at my estimated entry point of 90 - 94 euro I'll have enough profit for a pizza at least by new years.

sexmag

JJJJNR wrote: »

Ok so my theory is if the current h&s trend on eth closes out above 109(euro) that it is entering a bull run, if I buy one eth at my estimated entry point of 90 - 94 euro I'll have enough profit for a pizza at least by new years.

That theory has been said about most of the top 20 cryptos this year by many many analysts, there has been points of where if they don't fall past XXXX price it's means a bull run because the bears cant sell off anymore etc,all of which have been proven wrong as 2018 has been a tough year, hopefully next year sees a slow and steady pick up

smacl

TheAnalyst_ wrote: »

Markets are defined by algorithms now so you can forget about all of that stuff.

If markets were defined solely by algorithms, they could be predicted by algorithms. I'm not convinced this is the case, as while there is a lot of bot based trading I suspect these bots are frequently being tweaked and overridden by people.

TheAnalyst_

smacl wrote: »

If markets were defined solely by algorithms, they could be predicted by algorithms. I'm not convinced this is the case, as while there is a lot of bot based trading I suspect these bots are frequently being tweaked and overridden by people.

Obviously yes.
https://www.bloomberg.com/news/articles/2017-06-15/it-s-a-quant-s-stock-market-as-computer-programs-keep-on-buying

Monitoring candles is a fools game.

Kenny Logins

smacl wrote: »

If markets were defined solely by algorithms, they could be predicted by algorithms. I'm not convinced this is the case, as while there is a lot of bot based trading I suspect these bots are frequently being tweaked and overridden by people.

...only if you know what the algorithms are, and each trading bot will have its own.

JJJJNR

TheAnalyst_ wrote: »

Obviously yes.
https://www.bloomberg.com/news/articles/2017-06-15/it-s-a-quant-s-stock-market-as-computer-programs-keep-on-buying

Monitoring candles is a fools game.

Yeah it's great to play Nick leeson though and worse case I loose 5 or 10 euro which is cheaper than the bookies.

JJJJNR

eth hitting 93 euros... only issue with that is the price didn't hit over 109, I'm still predicting pizza in new years.

sexmag

JJJJNR wrote: »

eth hitting 93 euros... only issue with that is the price didn't hit over 109, I'm still predicting pizza in new years.

What kind of pizza you talking about?

A personal pizza is like 5 quid

JJJJNR

Super delux family size double pepperoni from platform.

sexmag

JJJJNR wrote: »

Super delux family size double pepperoni from platform.

And how much does this pizza cost?

.2 eth.. So anywhere between a fiver and forty quid..

JJJJNR

Lots. I don't have a menu.

JJJJNR

Deleted User wrote: »

.2 eth.. So anywhere between a fiver and forty quid..

Sure Lord shillington