Is anyone else starting to become a bit excited?

cnocbui · 30-06-2019 12:23PM

I think the Euro is uncomfortably high. Do you think you could perhaps give it a downward nudge? Many thanks, much appreciated.

Blueshoe · 30-06-2019 12:26PM

Addison Fancy Macrame wrote: »

If anyone would like me to cause a drop in any other coin just hit me up.

If you could buy some vechain I would appreciate it. Swapped to bitcoin the day before vechain made an announcement of a partnership with Walmart China

Blueshoe · 30-06-2019 05:27PM

Just posted

https://youtu.be/T_bBdu8jYXU

Dohnjoe · 30-06-2019 05:52PM

Blueshoe wrote: »

Just posted

https://youtu.be/T_bBdu8jYXU

Like every. single. technical. analysis...

"We're either going to go up, or we're going to go down"

vargoo · 30-06-2019 06:20PM

Dohnjoe wrote: »

Like every. single. technical. analysis...

"We're either going to go up, or we're going to go down"

Yea, ain't no one predicting sh1t except the whales.

q85dw7osi4lebg · 30-06-2019 06:24PM

Anyone in and around Dublin looking for a job ?

https://ie.indeed.com/m/viewjob?jk=94ddc4484c58049d&from=serp

makeorbrake · 30-06-2019 06:30PM

Addison Fancy Macrame wrote: »

Anyone in and around Dublin looking for a job ?

https://ie.indeed.com/m/viewjob?jk=94ddc4484c58049d&from=serp

And a couple more jobs too.

#BUIDL

Blueshoe · 30-06-2019 06:42PM

Dohnjoe wrote: »

Like every. single. technical. analysis...

"We're either going to go up, or we're going to go down"

More of an analysis and gives a few reasons why the chart may go either way. Gives reasons for both.
Gives timeframes to look out for. That kind of thing. Volumes and past trends. Short and intra term trading timeframes.

It's a trading educational channel not somebody claiming to predict the charts. I like it because it points out different points in the charts on the various timeframes. Helps me understand reading the charts.
No predictions

It's not "I think it will go up. Buy now" kind of crap.

Dohnjoe · 30-06-2019 07:01PM

Blueshoe wrote: »

More of an analysis and gives a few reasons why the chart may go either way. Gives reasons for both.
Gives timeframes to look out for. That kind of thing. Volumes and past trends. Short and intra term trading timeframes.

It's a trading educational channel not somebody claiming to predict the charts. I like it because it points out different points in the charts on the various timeframes. Helps me understand reading the charts.
No predictions

It's not "I think it will go up. Buy now" kind of crap.

Yeah but the whole point of TA is not to examine what has happened. It's to examine what has happened and make a prediction based on that. Any 5 year old could tell you with absolute certainty that it will go up or it will go down.

Blueshoe · 30-06-2019 07:06PM

Dohnjoe wrote: »

Yeah but the whole point of TA is not to examine what has happened. It's to examine what has happened and make a prediction based on that. Any 5 year old could tell you with absolute certainty that it will go up or it will go down.

If you don't like it then that's fair enough but you can't criticize it if you haven't seen it. Again it's more of an educational channel not a prediction channel.

Education on how to read the charts. Why things happen, reasoning for what might happen next both ways. Different indicators etc

It doesn't matter anyways.

makeorbrake · 30-06-2019 07:40PM

Dohnjoe wrote: »

Yeah but the whole point of TA is not to examine what has happened. It's to examine what has happened and make a prediction based on that. Any 5 year old could tell you with absolute certainty that it will go up or it will go down.

There's a very important distinction to be made here. TA is not about making 'predictions'. It's an interpretation based on possibilities and probabilities.

You might think well what's the point then - but if you can work on the basis of decisions that at least have a percentile better probability, then you're already ahead.

The other thing is that there's also an element of self fulfilling prophecy to it. There are quite a lot of people approaching things on a TA basis. So when we hit a Fibonacci retracement level or what not, there's a better chance it will retrace simply because people are following this stuff. The same with bot trading - these things are programmed in line with that stuff.

I don't have a full understanding of TA but I respect that it has something to add to the party. However, if anyone ever expects this to produce 'predictions', then naturally they're going to be disappointed.

Otherwise, think about it - if something could simply give us clear predictions, then there would be little to speculate about.

I keep an eye on the fundamental stuff but that too is flawed what with fake news, etc.

Dohnjoe · 01-07-2019 10:51AM

makeorbrake wrote: »

There's a very important distinction to be made here. TA is not about making 'predictions'. It's an interpretation based on possibilities and probabilities.

You might think well what's the point then - but if you can work on the basis of decisions that at least have a percentile better probability, then you're already ahead.

The other thing is that there's also an element of self fulfilling prophecy to it. There are quite a lot of people approaching things on a TA basis. So when we hit a Fibonacci retracement level or what not, there's a better chance it will retrace simply because people are following this stuff. The same with bot trading - these things are programmed in line with that stuff.

I don't have a full understanding of TA but I respect that it has something to add to the party. However, if anyone ever expects this to produce 'predictions', then naturally they're going to be disappointed.

Otherwise, think about it - if something could simply give us clear predictions, then there would be little to speculate about.

I keep an eye on the fundamental stuff but that too is flawed what with fake news, etc.

Yup, I agree and am aware of probability, but these types of Youtubers are sitting there waffling on about all this stuff, when it's quite clear they really don't have a notion what's going to happen next

Just about anyone flipping a coin in a bull market (last 6 months) can make money on aggregate

q85dw7osi4lebg · 01-07-2019 01:47PM

Summer sale now on

makeorbrake · 01-07-2019 02:01PM

Addison Fancy Macrame wrote: »

Summer sale now on

I'm more of a 30-40% off type of guy

(but we're getting there).

vargoo · 01-07-2019 04:28PM

makeorbrake wrote: »

I'm more of a 30-40% off type of guy

(but we're getting there).

Might never go up again.

makeorbrake · 01-07-2019 04:33PM

vargoo wrote: »

Might never go up again.

Might never go up again, might never make it down to the price point I'm interested in buying back in at. This is completely perilous. That's the nature of the beast.

One thing I did decide when I sold - was that I was prepared to accept the fact that it could go on a moonshot immediately afterwards. Crypto has been good to me. Any gains at this point is bonus territory and I'll sooner take 100% profit and miss out on the moonshot.

But it's all relative to peoples own circumstances at a given time. As I was selling a friend of mine that has made wild money on crypto was buying :-)
But his circumstances are different.

stockshares · 01-07-2019 06:56PM

makeorbrake wrote: »

Might never go up again, might never make it down to the price point I'm interested in buying back in at. This is completely perilous. That's the nature of the beast.

One thing I did decide when I sold - was that I was prepared to accept the fact that it could go on a moonshot immediately afterwards/QUOTE]

This guy's vids are worth a look. Songs about the crypto phenomenon
https://youtu.be/7wBg1lBKtyg

https://youtu.be/M3TzVgGyBFs

makeorbrake · 01-07-2019 07:07PM

Dohnjoe wrote: »

Yup, I agree and am aware of probability, but these types of Youtubers are sitting there waffling on about all this stuff, when it's quite clear they really don't have a notion what's going to happen next

Just about anyone flipping a coin in a bull market (last 6 months) can make money on aggregate

I think that every single form of media in crypto-world has to be taken with a large helping of salt or at best, considered a possibility (as in one of many).

That said, I think - from my limited understanding of TA - that it can bring something (as in a percentile of difference) to the party. Fundamental analysis is the same sh1t show with fake news, etc.

You lay it all out and make what you will of it in the end.

sexmag · 01-07-2019 08:33PM

sexmag wrote: »

I know we all have our favourite ALTs that we have our money backing but at this stage im considering a separate option of throwing a 10er on the each of the top 20 and seeing what net I get on that over the next few months.

I remember reading at one point if you did that in September 2017 you would gained around 2.5 to 3k,might be possible to gain that amount in 6 months from now if the bulls keeps pushing

https://www.reddit.com/r/CryptoCurrency/comments/c7toi9/what_if_you_bought_and_held_1000_worth_of_the_top/?utm_medium=android_app&utm_source=share

Touching on something similar I was talking about

makeorbrake · 01-07-2019 08:46PM

sexmag wrote: »

https://www.reddit.com/r/CryptoCurrency/comments/c7toi9/what_if_you_bought_and_held_1000_worth_of_the_top/?utm_medium=android_app&utm_source=share

Touching on something similar I was talking about

I'm not for one second suggesting you're on the wrong track. The only thing I'd suggest to be mindful of - is that we are not in Sept. 2017 anymore. As of the last couple of days, BTC has cooled. At some stage (whether that's days or weeks ...months? ) it will probably go back up the way. However, has the game changed up or will it work in exactly the same way? i.e. a transfer from BTC into alts OR have people become a bit more discerning in terms of which alts they'd be prepared to stick cash into?

Bob24 · 01-07-2019 09:35PM

makeorbrake wrote: »

However, has the game changed up or will it work in exactly the same way? i.e. a transfer from BTC into alts OR have people become a bit more discerning in terms of which alts they'd be prepared to stick cash into?

Of course no one knows for sure, but if I had to pick a side I’d say we are moving towards the second option. Especially if a larger part of the market is driven by institutional money - which won’t go into dogecoin just because it has a cool name an everybody talks about it on Twitter/Telegram.

JohnnyFlash · 01-07-2019 09:53PM

The canny businessmen at Tether printed another 100 million dollars just over two hours ago. That’s almost 2.2 billion dollars in Tether tokens they’ve created since the rally started.

makeorbrake · 01-07-2019 10:03PM

Will you be closing your short position then?

stockshares · 01-07-2019 10:39PM

JohnnyFlash wrote: »

The canny businessmen at Tether printed another 100 million dollars just over two hours ago. That’s almost 2.2 billion dollars in Tether tokens they’ve created since the rally started.

How does this affect BTC price?

JohnnyFlash · 01-07-2019 11:31PM

https://www.google.com/amp/s/amp.ft.com/content/bf32dadc-a0b9-35e4-9d41-0798fb5caa8a

That’s a good article on the subject from the Financial Times

And this one is even better.

https://decrypt.co/7587/how-tether-is-fueling-this-booming-bitcoin-bull-run

JJJJNR · 01-07-2019 11:32PM

It just causes the volume to pump.

makeorbrake · 01-07-2019 11:35PM

I keep an open mind but how do we know there isn't new USD coming into the market to account for this tether production?

He must have had $ left over from the short for a FT subscription.

Do the FT carry out the same reportage every time the <insert central bank of your choice> prints off money?

stockshares · 02-07-2019 08:07AM

JohnnyFlash wrote: »

https://www.google.com/amp/s/amp.ft.com/content/bf32dadc-a0b9-35e4-9d41-0798fb5caa8a

That’s a good article on the subject from the Financial Times

And this one is even better.

https://decrypt.co/7587/how-tether-is-fueling-this-booming-bitcoin-bull-run

Thanks

q85dw7osi4lebg · 02-07-2019 08:20AM

makeorbrake wrote: »

I'm more of a 30-40% off type of guy

(but we're getting there).

There ya go now

Bob24 · 02-07-2019 08:58AM

Addison Fancy Macrame wrote: »

There ya go now

Problem with the sales is you never know if you should wait for even further discount or buy now to secure the item before it’s gone ;-)

Is anyone else starting to become a bit excited?

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