I thought BTC moves could not get anymore boring last time. My bad, it can XD I always knew it could. On its way to a bounce with an angle of 0° next. When there is not a single buyer left, we will very very slowly go down? Or mega dump?
Any crypto trader that still has not moved to something else (EURUSD, gold ...) what are you doing?
When on trading view I see all the top trading ideas being about crypto, while in this market there is zero money being moved I wonder??? Every one been trading with 2500$ for the past 12 months?
Boring useless scam market. Nothing to see here. The fools that believed in this ponzi got milked there is barely a few drops left.
Get out, go trade something else.
Even out of curiosity it is a waste of time to look at this crap. Set an alert to see when it moves, and quit wasting time watching this pointless joke.
Greed is proportional to people's stupidity and for one to fall for a magic coin ponzi and not realize you got played after several months, one has to be incredibly stupid.
The pirates on the sinking ship are NOT going to let go of their bag of gold. Someone is going to come rescue them they just feel it in their heart. Wall street will magically appear out of nowhere with giant cruise ships and helicopters, they will have warm clothes and jaccusi's on their ships and all you can eat buffet's and all the pirates are invited - with their gold - of course, free of charge on the ships for the ride of their lives! (omegalul can you be more delusional) There is also going to be bears juggling, lions jumping in circles of fire, and young naked women here to feed grapes into the mouths of all the baghodlers.
Maybe I'll post an idea every 2-3 weeks about crypto (usually when I say this it is when it starts movign alot hehehe nice one).
Boy am I glad I moved to forex back in April :D
PS: Ever talked to Jehovah Witnesses? Ever been with a group of them? "Oh yes the great tribulations are coming any time now" "We reached the point where we can go no further, I won't be surprised if the rapture comes this year". They have been saying this for 150 years. For real no joke. The group stopped making official calls for the end at some point, but they still expect it "tomorrow". 150 years. So... you know what that means :D
Witnesses were right about 1 thing though... people stopped believing in god and now worship money o.0 They...literally... started doing this... The Bitcoin cult... insane. Does not mean the end is near, like god gives a fuck what some retarded monkeys do XD
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Needed a break & went to see if I could find something with as much boring sideways as Bitcoin.
Nasdaq: Nope.
Dow in 100 years: Nope not once.
EURUSD/Dollar index: It is always moving even when it is sideways.
US 10yr bonds: Nope.
Footsie: There are sideways but it does not simply flaten. the average range in a week might drop by 30% idk.
Gold: Not really, gets closer to Bitcoin than stocks thought at the peak of the bull market a few years back.
Tulip mania: Nope (not that we have detailed charts thought).
Beanie Babies: Check
Mississipi bubble: Check
South sea bubble: Check
Emmm ok... Does no one find it weird that it is impossible to find a still existing chart that remotly ressembles Bitcoin, but it sure looks exactly the same as all the godamm bubbles that died?
The company was granted a monopoly to trade with South America and nearby islands. There was no *realistic* prospect that trade would take place, and the company never realised any significant profit from its monopoly. Company stock rose greatly in value as it expanded its operations dealing in government debt. Speculators went wild for its stock, with full disregard for the economic realities.
The Mississippi Company was a corporation holding a business monopoly in French colonies in North America and the West Indies. When land development and speculation in the region became frenzied and *detached from economic reality*, the Mississippi bubble became one of the earliest examples of an economic bubble.
Beanie babies:
Well you know... Buying worthless crap ignoring the economic reality because the price went up... ==> With today's value at $10, buyers of so-called "investment-grade" beanies like Stripes at $250 have lost 96 percent of their initial capital.
Bit-con:
Literally MILLIONS of (ignorant) people over the whole world went crazy for some imaginary monopoly money because the price went up, with total disregard for the ECONOMIC REALITY (once again...).
Look at this, does anything other than the mentionned bubble look close to it?
I have a question for the die hard crypto enthusiasts. After beanie babies, Tulips, Mississipi, South sea bubbles bottomed 70% of the way down, they then dropped 90% and bottomed again. What happened after they bottomed?
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Weed or crypto? We have a clear winner!
Also, note that october is the most volatile month for stocks - even excluding 1987 2008. Might be the same for crypto thought?
I'd rather stick to my 15 Forex pairs now. I do not want any part in this lol.
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Bitcoin developper community liers? NO WAY! Gee who would have thought!
Let's all buy and together we can beat that evil corrupted (not really) government by scheeming lying scammers, and replace the few rich people of the world by a few rich THAT BOUGHT BEFORE 2013.
couldn't agree more, today almost everything "green" because Bi*CH moving up.. lmfao FOMO suckers
UNWOUND
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I'm glad you have the guts to speak your mind. You probably are on the right track. Keep us informed.
deactivatedaccount123
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Volatility slows during the bottom forming process.
Gee, I wonder why we're 'going horizontal'..
tearliner
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you are the biggest fool here who doesn't trade or accumulate crypto but post countless btc bearish analysis
MrRenev
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@tearliner, No you are. I am selling this SIGNED handmade drawing for $1000 imgur.com/yKcnEf4 I will ship it to you on real paper.
And you are not accumulating my drawings. When I become a famous ARTIST TM you will wish you had more of my drawings.
Why do I need to accumulate magic coins again? They are the only way to breathe or something? I will die if I don't?
tearliner
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@MrRenev, OK DEAL I WILL BUY THAT HANDMADE DRAWING
HD1184K
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40% profit in 9 days trading xrpbtc.
Alts still are pretty volatile. Good oppourtunities.
MrRenev
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@Xzhi, In 1 years there are 36 10 days period. Making 30% every 10 days = 1264621% or 12646,218552730347184269489080961 times inital.
$10.000 ==> 120 million. Where are all the millionaires? Volume still low while tens of thousands of people are trading those like they all trade 250$
That is why I am not convinced. People just self-cap themselves at a few hundreds? they are not hungry for more than macdonalds wages?
MrRenev
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@Xzhi, *Not saying I don't think you get some opportunities and that I don't believe you made what you say.