Site Information
About Us
- RonPaulForums.com is an independent grassroots outfit not officially connected to Ron Paul but dedicated to his mission. For more information see our Mission Statement.
Ah...
Crazy movement and was so busy i noticed now only!
Well at least i was net short
So what is the prognosis?
Should we be concerned?
Its not a mtgox moment, but the amount of bitcoin is quite large...
i'd call a bottom retest, consolidation, then up from the halving effect?
I seriously doubt that an event like this can kill this bull market... or can it?
Well final tally is 119k btc. This is too much imo. It is known they control a wallet of 33k btc.
Their btc market volume is probably a small 10 million btc / year. At 0.2% taker and 0.1% maker fee this generates a revenue of about 25 k btc / year. Their ETH, ETC and LTC markets might double that.
So we're probably looking at a theft the size of their reserves + 2 years of revenue.
My assessment: Game over Bitfinex.
That's 39 ETC and 0.7 BTC i'll never see again.
I'm calling this the Bitfinex Bottom.
Last days of sub 600 dollar coins.
Can't wait to get home and buy some more
The bitfinex bottom has almost been filled up... 16 bucks left until bitstamp is back at pre crash levels
I think it's time to start loading up!
Presence... what is the prognosis with Honey Badger?
we're in fiat
'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988
Awareness is the Root of Liberation Revolution is Action upon Revelation
'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3
Flectere si nequeo superos, Acheronta movebo.
...the familiar ritual of institutional self-absolution...
...for protecting them, by mock trial, from punishment...
we r coming to the decision point. as soon as it pops the resistance line, we are airborn
unless it breaks down first, then it will take a few more weeks...
Last edited by bitman; 12-23-2016 at 06:58 PM. Reason: pic broken
my Honey Badger algo has bought and sold for small loss every 2 days for the past 10; indecision... beware of breakout and be on the right side of it.
we're up and down stoploss on the 10/320 1h sma cross since the 320 bounce; you really want to be on the right side of 1h 320 here, so don't get left behind.
I call this stoploss trade class "bloody river resistance checkpoint", I take loss here to ensure I'm on the right side of the long game.
1h sma 10 currently under 1h 320, we are in fiat as of the last hourly tick.
Last edited by presence; 08-28-2016 at 05:18 PM.
'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988
Awareness is the Root of Liberation Revolution is Action upon Revelation
'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3
Flectere si nequeo superos, Acheronta movebo.
...the familiar ritual of institutional self-absolution...
...for protecting them, by mock trial, from punishment...
Seems we have a liftoff!
For those taking it slowly, no need to fomo now, feels like a gradual liftoff to me.
There should be time to buy in slowly through the next couple of dips.
Or not :P
Personally i was a bit anxious and already loaded up in the last couple of weeks
Wow!
That was sharp
Seems everyone was at their tiptoes waiting for it to blow upwards.
Hold on everyone, the fun is just beginin
The season is changing I see, should be an entertaining fall. We need to get this thread going again and help the rest of this community see the light on crypto. Neg rates are coming.
Why the First Bitcoin ETF Could Double the Price of Bitcoin
The arrival of the first Bitcoin ETF will have a bigger impact on the Bitcoin price than even most of the digital currency's supporters suspect.
And that moment isn't far away. The Winklevoss Bitcoin Trust (BATS: COIN) exchange-traded fund is in the final stages of its SEC approval process.
While it's still possible the SEC will reject the Winklevoss Bitcoin ETF, it's far more likely it will be approved. And the SEC must rule one way or the other by March 2017.
Most of the Bitcoin community has assumed the approval of the first Bitcoin ETF will be a positive for the price of Bitcoin. That's because it will add to the legitimacy of the digital currency in addition to providing a new avenue for people to invest in Bitcoin.
But the history of other commodity-based ETFs suggests this event will be a major catalyst.
In the early-to-mid 2000s, ETFs launched for a wide range of commodities, including gold, silver, platinum, copper, oil, and natural gas. In just about every case, the price of the underlying commodity shot up in the years following the debut of ETFs based on that commodity.
More...http://moneymorning.com/2016/09/09/w...ce-of-bitcoin/
This analyst is predicting a bloodbath and the start of another major bear market for Bitcoin - that could kill it.
https://www.youtube.com/watch?v=dQw4w9WgXcQ
'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988
Awareness is the Root of Liberation Revolution is Action upon Revelation
'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3
Flectere si nequeo superos, Acheronta movebo.
...the familiar ritual of institutional self-absolution...
...for protecting them, by mock trial, from punishment...
'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988
Awareness is the Root of Liberation Revolution is Action upon Revelation
'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3
Flectere si nequeo superos, Acheronta movebo.
...the familiar ritual of institutional self-absolution...
...for protecting them, by mock trial, from punishment...
'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988
Awareness is the Root of Liberation Revolution is Action upon Revelation
'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3
Flectere si nequeo superos, Acheronta movebo.
...the familiar ritual of institutional self-absolution...
...for protecting them, by mock trial, from punishment...
Last edited by presence; 10-22-2016 at 09:17 AM.
'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988
Awareness is the Root of Liberation Revolution is Action upon Revelation
'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3
Flectere si nequeo superos, Acheronta movebo.
...the familiar ritual of institutional self-absolution...
...for protecting them, by mock trial, from punishment...
Charts on big screen this morning
honey badger algo still hodling
'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988
Awareness is the Root of Liberation Revolution is Action upon Revelation
'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3
Flectere si nequeo superos, Acheronta movebo.
...the familiar ritual of institutional self-absolution...
...for protecting them, by mock trial, from punishment...
are you a prophet?
'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988
Awareness is the Root of Liberation Revolution is Action upon Revelation
'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3
Flectere si nequeo superos, Acheronta movebo.
...the familiar ritual of institutional self-absolution...
...for protecting them, by mock trial, from punishment...
The 1-week Bitcoin/$USD chart correction is nearing completion. That chart range started correcting around the end of July when the big dump-down from the 5180 Hobular high occured.
That correction also painted the handle onto the humungous 3-year cup and handle formation thats been forming since the 2013 China-driven $1200 ATH.
The timing of events seems to be pointing to a perfect storm towards the end of the year, possibly consisting of Lightning Network arrival, Segwit, BTC Developer & mining consensus putting previous confrontations to bed and an array of chart technicals going green. Things would then be in place for the Wrinklyboss ETF to turn up and light the touchpaper on the tinder pile.
this ain't no cup and handle its a damn cappuccino grande
I have this itching feeling we'll see $2500/btc in 2017
'We endorse the idea of voluntarism; self-responsibility: Family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person. It's a preposterous notion: It never worked, it never will. The government can't make you a better person; it can't make you follow good habits.' - Ron Paul 1988
Awareness is the Root of Liberation Revolution is Action upon Revelation
'Resistance and Disobedience in Economic Activity is the Most Moral Human Action Possible' - SEK3
Flectere si nequeo superos, Acheronta movebo.
...the familiar ritual of institutional self-absolution...
...for protecting them, by mock trial, from punishment...
Looks upHobular market moves afoot again.
It's reaching for that Oct 23rd 4575 shot. 2-Hour momentum moveing average crossing over. If that pushes the 4-hour chart into the green then it may have a chance.
The expectations are there at least. Alts are dumping.
*****
We're up to 4550 now. 25 to go. Volume coming up....4560...
...thats it. We've broken out of that little 3-day correction.
Bears were not able to push it down enough to correct beyond the 4-hour chart which is now about to turn positive again. Lets see what happens now. We need that 5180 for escape velocity.
Connect With Us