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-   -   Bitcoin headed back to $20,000 (https://gfy.com/showthread.php?t=1313128)

pimpmaster9000 06-21-2019 07:16 AM

I have not had a lot of time lately to trade but there are very large spoof orders happening, for example 2 large 7 million$ buy orders 5 minutes from one another and probably many smaller ones...basically fake trading to make it look like there is heavy upward momentum when there is in fact not...nothing is happening other than spoofing and wash trading...

jscott 06-21-2019 07:30 AM

hahaha
you're really grasping for straws :1orglaugh

pimpmaster9000 06-21-2019 12:05 PM

faith in an unregulated market is grasping at straws...

jscott 06-21-2019 12:48 PM

Quote:

Originally Posted by crucifissio (Post 22488141)
faith in an unregulated market is grasping at straws...

Are you saying that per exchange data you have limits that never hit? You can't exchange your BTC at the listed exchange rates or vice versus? You can't withdraw your fiat from an exchange?

By all means please post the problems, otherwise you have not basis on continuously making up these fake problems or issues :disgust

as for "unregulated" are you kidding? If you follow crypto at all, you'd see that everyday steps are being made to regulate it.

a couple headliners:
https://www.coindesk.com/fatf-crypto-travel-rule

https://www.coindesk.com/halt-libra-...cebooks-crypto

https://bitcoinmagazine.com/articles...bitfinextether

How are you missing these? They're pretty big stories of crypto, security tokens issues (KIN, etc), regulation of exchanges, etc.

grzepa 06-21-2019 12:55 PM

The price action may be highly manipulated, but that doesnt mean crypto is not getting stronger each year. For example MetLife will use public ethereum chain for some of it's features.

2MuchMark 06-21-2019 04:10 PM

Today was a good day.
Today IS a good day.
hodl.

pimpmaster9000 06-21-2019 04:12 PM

Quote:

Originally Posted by jscott (Post 22488165)
Are you saying that per exchange data you have limits that never hit? You can't exchange your BTC at the listed exchange rates or vice versus? You can't withdraw your fiat from an exchange?

By all means please post the problems, otherwise you have not basis on continuously making up these fake problems or issues :disgust

as for "unregulated" are you kidding? If you follow crypto at all, you'd see that everyday steps are being made to regulate it.

a couple headliners:
https://www.coindesk.com/fatf-crypto-travel-rule

https://www.coindesk.com/halt-libra-...cebooks-crypto

https://bitcoinmagazine.com/articles...bitfinextether

How are you missing these? They're pretty big stories of crypto, security tokens issues (KIN, etc), regulation of exchanges, etc.

no I can withdraw fine and welcome any volatility...I am just saying that the market is manipulated as fuck and there is no doubt about it because nobody regulates trading at crypto online exchanges...nobody...spoof orders and wash trading are the norm...I am not angry or upset about this at all...it is just whats up...

and the libra thing is not good news for bitcoin...if it becomes a stable and easy to use mass adopted currency then bitcoin becomes nothing but a redundant speculative coin...nobody cares about decentralization and trustless and any of that crap...they want easy deposits to get their empty consumer shit ASAP...libra practically condemns bitcoin to become a forever speculative coin

Smack dat 06-21-2019 04:29 PM

Bitcoin will hit $100,000 in 2021. Mark my words, I am rarely wrong.

Who won the predict the bitcoin price? Me

Who won the how many threads thread? Me

jscott 06-21-2019 07:09 PM

crucifissio, you do know Libra is going to be a stable coin pegged to the dollar, right?

bad news for bitcoin? highly doubt it. In no way does Libra compete with Bitcoin store of value, Bitcoins never ending deflation, its permissionless, unconfiscatable, & decentralized.

If you think nobody cares about "that crap" then how did Bitcoin get to where it is today?

SuperStroker 06-21-2019 08:07 PM

BTC is up, but so is Gold, Silver, Oil and SPX VIX.

My basic indicator is when VIX+GOLD rise and hold the bankster cartel is planning to shit on stocks in the near future. BTC is just another place for them to park their money after exiting equities...so if you are doing the FOMO thing with crypto, don't buy in with more than you're comfortable losing because it's only going to go up until the money starts flowing back to where it came from (stocks, bonds).

Even if you buy it now at $10K and it goes to $20K, that's only a 50% gain with a very high capital requirement. You can routinely achieve those kind of numbers or more trading stock options or futures...like if you spent $10K buying call or put options on SPX and even if it moves a few points in your favor, easy gains with far more leverage.

bronco67 06-21-2019 08:51 PM

Wow....up to 10,700. Are we seeing the beginning of a bull run? They've been waiting for the gates to open.

pimpmaster9000 06-21-2019 11:35 PM

Quote:

Originally Posted by jscott (Post 22488453)
crucifissio, you do know Libra is going to be a stable coin pegged to the dollar, right?

bad news for bitcoin? highly doubt it. In no way does Libra compete with Bitcoin store of value, Bitcoins never ending deflation, its permissionless, unconfiscatable, & decentralized.

If you think nobody cares about "that crap" then how did Bitcoin get to where it is today?


bitcoin got to where it is today 10% thanks to fanboys like you and 90% thanks to speculators...therein lies the problem...you are the only one in this thread who likes the features and everybody else in this thread is looking for a quick buck...

you can fanboy all you want but bitcoins fate is decided by its user base and what they use it for...you can not store value in something that goes up and down like a roller coaster...

jscott 06-22-2019 01:03 AM

Quote:

Originally Posted by crucifissio (Post 22488572)
bitcoin got to where it is today 10% thanks to fanboys like you and 90% thanks to speculators...therein lies the problem...you are the only one in this thread who likes the features and everybody else in this thread is looking for a quick buck...

you can fanboy all you want but bitcoins fate is decided by its user base and what they use it for...you can not store value in something that goes up and down like a roller coaster...

Store value on roller coaster? are you watching the daily and blind to the 10 year BTC:USD graph? :1orglaugh

... as for fanboys haha, funny, your type has been calling bubble, FUD, wash trading, high fee, "too difficult to use", Tether pump, tulip mania, blah blah since 2010.

It is happening. Fight it and FUD it all you want, you just look a bit more ignorant everyday.

Paul&John 06-22-2019 02:56 AM

To the moon!

pimpmaster9000 06-22-2019 06:27 AM

Quote:

Originally Posted by jscott (Post 22488612)
Store value on roller coaster? are you watching the daily and blind to the 10 year BTC:USD graph? :1orglaugh

... as for fanboys haha, funny, your type has been calling bubble, FUD, wash trading, high fee, "too difficult to use", Tether pump, tulip mania, blah blah since 2010.

It is happening. Fight it and FUD it all you want, you just look a bit more ignorant everyday.

look you are knowledgeable on the irrelevant parts of crypto, the trustless/immutable/decentralized/nobody cares part...my field of expertise is what went on today at the exchanges...it is all I know about crypto...I am telling you as a matter of fact that spoof orders and wash trading are the norm...it is not up for discussion...

forbes says up to 95% of all crypto trading is wash trading...

wall street journal investigated independently and found 67% was definitely wash trading...

SOME exchanges have 99% wash trading...

the blockchain transparency institute investigated coinbase and their claim of $222million but they could only verify $2.7million...

they also found that 80% of coinmarket caps top 20 coins volume is wash traded...



its just whats up :pimp

jscott 06-22-2019 07:28 AM

Aside from regulators moving into crypto bigtime, there are community initiated shit being set into place, look at this for example: https://coinmarketcap.com/data-transparency-alliance/

CoinMarketCap Forms Alliance to Tackle Concerns Over Price Data Integrity

There are exchanges suspect of faking volume and shady shit, but I'd say these are pretty legit.

Here this guy even tracks the "real" Bitcoin volume, https://www.bitcointradevolume.com based off the Coinmarketcap alliance exchanges.

Everyday things are improving :thumbsup

pimpmaster9000 06-23-2019 03:30 AM

the problem is only the top 10 exchanges are regulated the other 1000 are not...the regulated exchanges are not immune to the effects of arbitrage and what ever artificial pumps or dumps happen on the other exchanges will inevitably affect the price on the regulated exchanges...

an interesting development is that bitcoin sentiment is at 2017 levels...it is extremely high at the moment...to tell you the truth I was not expecting this...so many fresh burns and it still manages to rise much sooner than I expected...in the macro time frame, this rally is too soon and too steep...again, in the macro time frame, this is a perfect B wave in elliott wave theory...wave B can even reach level A but then comes wave C that is often the real bottom...I do not claim elliott wave is the holy grail but on a macro level it is often right and lots of markets follow this exact pattern...

5 is the 2017 high...A is 2018...B is now...C is the NEW LOW!...

https://bpcdn.co/images/2016/05/grad...hin-a-wave.png
https://www.tradingview.com/x/XdaEaI3D/

mce 06-23-2019 04:40 AM

https://i.imgur.com/hm0HhGJ.jpg

jscott 06-23-2019 04:44 AM

As regulation catches up, those smaller shady exchanges will whither away and die out. I'm guessing a lot of them will exit scam.

I won't ignore TA, and some "experts" have drawn their TA showing cases for Bitcoin to sky rocket up, and some (like yours) to fall back down.

But please keep in mind:

Quote:

The last time Bitcoin broke $10,000:

Fidelity wasn't storing it.
AT&T wasn't accepting it.
Congress wasn't fighting it.
Bakkt wasn't launching with it.
Microsoft wasn't building on it.
TD Ameritrade wasn't trading it.
Facebook wasn't competing with it.
:thumbsup:winkwink:

gorillaz_ 06-23-2019 05:10 AM

Quote:

Originally Posted by crucifissio (Post 22489100)
the problem is only the top 10 exchanges are regulated the other 1000 are not...the regulated exchanges are not immune to the effects of arbitrage and what ever artificial pumps or dumps happen on the other exchanges will inevitably affect the price on the regulated exchanges...

an interesting development is that bitcoin sentiment is at 2017 levels...it is extremely high at the moment...to tell you the truth I was not expecting this...so many fresh burns and it still manages to rise much sooner than I expected...in the macro time frame, this rally is too soon and too steep...again, in the macro time frame, this is a perfect B wave in elliott wave theory...wave B can even reach level A but then comes wave C that is often the real bottom...I do not claim elliott wave is the holy grail but on a macro level it is often right and lots of markets follow this exact pattern...

5 is the 2017 high...A is 2018...B is now...C is the NEW LOW!...

https://bpcdn.co/images/2016/05/grad...hin-a-wave.png
https://www.tradingview.com/x/XdaEaI3D/

https://www.elliottwavetrader.net/p/...125171827.html

mce 06-23-2019 05:06 PM

Face it, dudes. BTC is the MAIN BRAND in the crypto space

ilnjscb 06-23-2019 07:04 PM

I hope it beats that scumbag zuckerturd

mce 06-24-2019 06:23 PM

11000 USD on the way to 111,000 USD

2MuchMark 06-24-2019 06:41 PM

Woohoo!!!

https://media.giphy.com/media/hMga0mASZwD1m/giphy.gif https://media2.giphy.com/media/dYNHmr4evKe6k/source.gif https://media.giphy.com/media/xT1R9J...h1Vm/giphy.gif https://thumbs.gfycat.com/GiftedAmaz...restricted.gif https://media.giphy.com/media/l4JyOr...FvOg/giphy.gif http://gif.4k3.org/wp-content/upload...4194047-38.gif http://media.tumblr.com/437478b6f0dc...5OJ1qz4rgp.gif https://www.askideas.com/media/36/Fu...r-Whatsapp.gif https://media1.tenor.com/images/9959...itemid=8760651 https://media2.giphy.com/media/xT4uQ...Muc/source.gif https://www.speakgif.com/wp-content/...imated-gif.gif https://media0.giphy.com/media/xHLiFIflKpChi/giphy.gif https://media2.giphy.com/media/4WFiz...Of5l/giphy.gif https://media2.giphy.com/media/YUxg2i1fpcota/giphy.gif https://media.giphy.com/media/Ki4SCfBZBGTsY/giphy.gif https://i.pinimg.com/originals/06/62...98129e6a7a.gif

mce 06-24-2019 10:28 PM

Good times, ninjas!!!!!!!!!!!!!!

Paul&John 06-24-2019 11:29 PM

to the fucking moon!

gorillaz_ 06-25-2019 12:53 AM

Quote:

Originally Posted by mce (Post 22490220)
11000 USD on the way to 111,000 USD

not soon , but 55,000 is the new long time target .

nikki99 06-26-2019 07:33 AM

Quote:

Originally Posted by 2MuchMark (Post 22490225)


:1orglaugh:1orglaugh:1orglaugh:1orglaugh

I was away 10 days and now I am back and WTFFFFF!!

:thumbsup:thumbsup:thumbsup

Paul&John 06-26-2019 01:01 PM

Almost 14k lol

2MuchMark 06-26-2019 01:30 PM

Quote:

Originally Posted by Paul&John (Post 22491215)
Almost 14k lol

This is me all week

https://www.speakgif.com/wp-content/...imated-gif.gifhttps://www.speakgif.com/wp-content/...imated-gif.gifhttps://www.speakgif.com/wp-content/...imated-gif.gifhttps://www.speakgif.com/wp-content/...imated-gif.gifhttps://www.speakgif.com/wp-content/...imated-gif.gifhttps://www.speakgif.com/wp-content/...imated-gif.gifhttps://www.speakgif.com/wp-content/...imated-gif.gifhttps://www.speakgif.com/wp-content/...imated-gif.gifhttps://www.speakgif.com/wp-content/...imated-gif.gif

jscott 06-26-2019 01:43 PM

prepare for best, prepare for worst
we've been up nonstop a month, pull back imminent , maybe tmr, next week or month, (this is crypto, maybe never?!)
prepare ok?! take some profit sometimes
lets try and make sure no gfy cry babies after the new Bticoin ATH is reached

mce 06-29-2019 07:56 PM

Where the HATERS at?????????

https://i.imgur.com/y3m4YXt.jpg

nikki99 06-29-2019 08:35 PM


:thumbsup:thumbsup:thumbsup:thumbsup

Ferus 06-30-2019 07:13 AM

Quote:

Originally Posted by mce (Post 22492943)
Where the HATERS at?????????

https://i.imgur.com/y3m4YXt.jpg

You know it have been dropping for the last 4 days?

nikki99 06-30-2019 07:40 AM

yes going down now

jscott 06-30-2019 08:42 AM

Quote:

Originally Posted by Ferus (Post 22493077)
You know it have been dropping for the last 4 days?

Pretty sure all of us here are seasoned enough to know that no asset can straight up forever.
BTC having a great run in the last couple months :thumbsup

mce 07-03-2019 10:52 PM

It's party time again. HOLDING STEADY at 11K. Might be getting ready for another blast through!

mce 07-09-2019 07:26 PM

Th0mmy, where you at, son?????

https://i.imgur.com/S9ikOm0.png

mce 07-10-2019 01:16 PM

Crickets from the haters, dude?

https://i.imgur.com/RmF5PFK.gif

Ferus 07-10-2019 01:27 PM

This is today
https://i.imgur.com/yvx2t3n.jpg


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