Bitcoin future?

Bitcoin:

see post #44
(There appears to be a breakout on 1H, but its still under my buy stop of 7,200. There is no other confirmation to go LONG.
Even the indicators are not responding to my "go Bitty, go"

If I get triggered I'm placing my STOP at 66350


daily chart:
There is finally some response from the Indicators. See lower panel for RSI breakout. Macd not yet. See previous chart for 1H breakout on both indicators but very young, not reliable

272122
 
I believe it's difficult to talk about bitcoin itself, cause there is nothing behind it. Just it's address containing a few dozens figure number. I mean, no fundamentals, no equity, no profits, nothing.
And the other thing is blockchain, based on which is possible to create a new cryptocurrency which may be better and more hyped than bitcoin ( which definitely would hurt it's price).
 
Hor1zon said:
I believe it's difficult to talk about bitcoin itself, cause there is nothing behind it. Just it's address containing a few dozens figure number. I mean, no fundamentals, no equity, no profits, nothing.
And the other thing is blockchain, based on which is possible to create a new cryptocurrency which may be better and more hyped than bitcoin ( which definitely would hurt it's price).
Click to expand...


Jesus and Bitcoin were both born in a manger. Both had no equity, no profits, nothing. Both rose to stellar heights and got crucified. Both are yet to return. The former will most likely return after Charlton Heston's death and the latter will shine when the Plunge Protection Team run out of juice to life the Dow Jones.

Same can be said for little children - none are born great men.


272124
 
272125




This time around when the Wise Men return they will carry only ONE gift for Jesus - Bitcoin.
 
fibo_trader said:
I'm thinking you were asleep and missed the bottom.

I'm thinking you're doing the same thing again - Nov 22 low. Get some coffee and use a STOP. Then stop talking and DO!
Click to expand...



You missed this one too, just like I warned.


fibo_trader said:
Bitcoin:

Buy stop = 7200 (right above the thick red trendline shown in 1H chart)

If no joy in reversal, then next downside target = 5,984 - 6,000



View attachment 271914
Click to expand...


Slam Dunk!
 
momo3HC said:
And i`m thinking you`re missing the point for this thread! So don`t get so instructive and keep a good tone.
Click to expand...



Mummy, see what I mean? You talk when you should be oiling your gun but you, you oil your gun at the top and fire Long. Reverse your actions. Talk is for AFTER the move is over - its called, "sit back and enjoy you spoils as passive income pours in guaranteed by your STOP or at worst the payoff is breakeven or small small loss"



At 2:34 (Shhhhhhhh!!! I told you to be quiet!) :):):)

 
fibo_trader said:
Mummy, see what I mean? You talk when you should be oiling your gun but you, you oil your gun at the top and fire Long. Reverse your actions. Talk is for AFTER the move is over - its called, "sit back and enjoy you spoils as passive income pours in guaranteed by your STOP or at worst the payoff is breakeven or small small loss"



At 2:34 (Shhhhhhhh!!! I told you to be quiet!) :):):)

Click to expand...
Mate, you`ve got me wrong. Doesn`t matter. Thanks for your work in this thread. I appreciate it.
 
momo3HC said:
Mate, you`ve got me wrong. Doesn`t matter. Thanks for your work in this thread. I appreciate it.
Click to expand...


Be well, brother

The Ever generous Fibo, the guardian of Americans. Anybody messes with 'em they gots to go thru' me first. :)
 
Hor1zon said:
I believe it's difficult to talk about bitcoin itself, cause there is nothing behind it. Just it's address containing a few dozens figure number. I mean, no fundamentals, no equity, no profits, nothing.
And the other thing is blockchain, based on which is possible to create a new cryptocurrency which may be better and more hyped than bitcoin ( which definitely would hurt it's price).
Click to expand...


Welcome to Speculation! Read up on the dot.com era, companies with no earnings, zippo, nada, were rocketing to the moon in share price while everybody threw caution to the wind and bought and bought.

Yawn! Same-o same-o story in History for trillions of years - always ends badly.

But never ends badly for the fella who lives his life by "actual real value" even though he plays the game of speculation.

Bitcoin: hype hype hype so bloody what, they're all suspect until proven otherwise. Ride the middle of the wave with the estupidos and whn you hear the real duffers state how easy it is to make money, cash out and run and enjoy your spoils.

Don, your boys have a high mortality rate. :) :) :) :) :) :) :)
 
hatemypips said:
License for bitcoin casino? What a nonsense. They are created solely for the purpose to enrich their creators and I bet they all are illegal
Click to expand...
That maybe but there's still regulation to adhere too , it's still stands as solid advice for would be BTC gamblers .
 
momo3HC said:
Mate, you`ve got me wrong. Doesn`t matter. Thanks for your work in this thread. I appreciate it.
Click to expand...




The EVER loving Fibo wants everyone here to make a bundle on bitcoin. Heck, there are never any guarantees in this business but we gots to try .................. the Holy Spirit is called upon to bestow big Bitcoin gains to this magnificent op.

Don, and it is almost cast in stone that Don will show up here sooner or later to see what new sh*t Fibo is posting, spam spam spam, they say, but Don can now tell 'em alll to look at the date of Fibo's charts were posted - all well before the events that happened much after his calls. Then Don will look at this Bitcoin chart from weeks ago and see the 61.8% FIBO level in grey. He will see how Bitcoin reversed = bounced on it with such vigor as to go right up to the 200-day ema to test it. Then Don, in a drunken state notices in the lower panel the supreme hard-on on RSI as it blasts northbound and he will just sit down and say, fck it - I'm going to get into trading.

Behold the magnificent chart of Bitcoin - let's hope the breakout continues, but we got our STOP, right? Se we don't give a rat's ass

Look at the hard-on the RSI in lower panel:)


272826



Bitcoin hard-on
272825




The EVER generous Fibo just gives and gives and gives. :):):)
 
Don, when you do show up here and look at the chart above, do NOT forget to notice the other 61.8% level shown from weeks ago at the top of the chart. It was the FIBO golden ratio of the retracement of the entire drop = crash of Bitcoin. Therefore during the rally all the way northbound nobody has a friggin clue where Bitty was going. Only Fibo had Las Vegas Odds it would stop and reverse at FIBO's 61.8% level. And it did!!!!!!!!!!!!!!


When you guys get rich on Bitcoin come visit me in Chiangmai, Thailand for some outstanding Khao soy Gai




We'll dance all nite and celebrate


 
NVP said:
im currently consulting for a company dealing with some blockchain related industries

ive had to do some in-depth research to ensure what we are doing is sensible and relatively risk averse

Blockchain is the future......anyone saying otherwise is the equivalent of the non believers of the WWWeb potential back in the 90s when they said it would never catch on..........

Cryptocurrencies are just a subset of what this technology offers ....good and bad ......

cryptocurrencies will come and go ......so im not so fussed about them ...i'm more interested in the blockchain applications to solving real world business problems and issues ....thats where the money is ..... any currency launched related to this will thrive
so look out for them

N
Click to expand...
Well put sir it's the blockchain tech for real world problem solving which will be the real draw !
 
hatemypips said:
What is your long-term perspective one year? five year? What's your arguments for substantial price gains?
Click to expand...
5 years would be a good marker for the long term.
Mostly based on sentiment and Bitcoins past price movements over the past 5 years . I know it's not noble but a lot of Sportsbooks and online Casinos accept and use BTC and other Cryptos . It's still early days I cant see it regressing.
 
It would generate more confidence in its value if it had asomething it was based on - like gold/silver/real estate etc
Art would be a possible base.
 
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