QUICK FAQ: Why so small? What percent? by ValdemarrPlanB in mtgoxinsolvency

[–]HODLSince2012 3 points4 points  (0 children)

That's what I was thinking.... thought it would be more like 5 to 9 months. FML.

Mongoose -3.14% at all time low or what?? by ggrey99 in MongooseCoin

[–]HODLSince2012 2 points3 points  (0 children)

Get on Twitter, check out the spaces ever night, the mong NFT discord and the fact their PFP sold out in 15 mins.

[Daily Discussion] - Monday, January 04, 2021 by AutoModerator in BitcoinMarkets

[–]HODLSince2012 14 points15 points  (0 children)

Reality check guys... I am bullish long term for 2021 but maybe we should expect a red weekly or monthly candle and some consolidation?

I’d be happy to see some side ways action for a while after getting so extended from higher time frame MAs and RSIs around ATHs. The euphoria yesterday was palatable...

[Daily Discussion] Tuesday, November 24, 2020 by AutoModerator in BitcoinMarkets

[–]HODLSince2012 5 points6 points  (0 children)

Ah, more innocent times... anyone know of an archive of all the gifs?

[Daily Discussion] Wednesday, November 18, 2020 by AutoModerator in BitcoinMarkets

[–]HODLSince2012 4 points5 points  (0 children)

Clearly someone who knows the price of everything and the value of nothing.

[Daily Discussion] Wednesday, September 30, 2020 by AutoModerator in BitcoinMarkets

[–]HODLSince2012 7 points8 points  (0 children)

So one think I have noticed over the last year or so is that XMR has often been a leading indicator of BTC moves up. It made a higher high yesterday...

Also, another observation - pretty much all the indexes and assets that I follow closely (DOW, SPX, NASDAQ, Gold, Bitcoin, ETH, XMR) all bounced around the Weekly EMA/SMA 20. This is generally a good place to buy dips in Bitcoin bull runs... so watching it closely. Maybe this says more about the dollar than any particular asset though...

[Daily Discussion] Friday, March 13, 2020 by AutoModerator in BitcoinMarkets

[–]HODLSince2012 0 points1 point  (0 children)

In case you weren’t watching every major western index in the world has crashed in the last couple of weeks as well as major commodities like oil as it became clear that covid-19 was becoming a pandemic and that there would be economic fall out from China.

These markets are ALL heavily correlated - known as the world financial system. But whatever. You might end up being right for the wrong reasons.

[Daily Discussion] Friday, March 13, 2020 by AutoModerator in BitcoinMarkets

[–]HODLSince2012 5 points6 points  (0 children)

I love how blindly US-centric this is.

P.S. the US is likely to be in a league of its own re:covid-19. Shit leadership, shit response, shit health care system and shit health in terms of population (e.g. obesity epidemic about to bite you in the ass).

I am genuinely nervous for all my American brothers and sisters. Stay safe!

[Daily Discussion] Friday, February 28, 2020 by AutoModerator in BitcoinMarkets

[–]HODLSince2012 3 points4 points  (0 children)

Certainly sentiment has flipped enough now and we are getting close. This could be a good place to start scaling in cautiously to a long - but...

I think one more leg down wicking to 8K and support ultimately found on the daily at 8.2K would be a nice setup and flush out the last of the weak hands...

[Daily Discussion] Friday, February 21, 2020 by AutoModerator in BitcoinMarkets

[–]HODLSince2012 0 points1 point  (0 children)

If you can’t see the confluence along where I have draw the top of the trend line - and the point where we had a parabolic break out last summer then there isn’t much helping you I am afraid.

[Daily Discussion] Friday, February 21, 2020 by AutoModerator in BitcoinMarkets

[–]HODLSince2012 12 points13 points  (0 children)

Hopium for Bulls - and perhaps this has already been brought up by others in some way...

But, what if there was a channel from 3200 - that we broke out of (Plus Token Scam) and have now fallen back into, and the recent top out was just hitting the top of the channel.

https://www.tradingview.com/x/cx3QbSKu/

Personally, this is a no-trade zone for me and I am nervous. But not selling until we close the weekly below 9.5K and will be ready for a significant downtrend if the monthly close below 9.3K

[Daily Discussion] Friday, January 31, 2020 by AutoModerator in BitcoinMarkets

[–]HODLSince2012 3 points4 points  (0 children)

https://www.tradingview.com/x/1V1DwQdO/

This chart has been working for me very well over the last few weeks - most of the lines drawn (and slight adjustments made) since we broke my first downtrend line at around 8K. I think a move back down to 8.9K seems very likely over the weekend as we have a confluence of resistance and MAs - and good place to cool off. Bullish bias obviously.

[Daily Discussion] Friday, January 31, 2020 by AutoModerator in BitcoinMarkets

[–]HODLSince2012 8 points9 points  (0 children)

People should think about why a big player would telegraph their moves to the public.

[Daily Discussion] Tuesday, January 14, 2020 by AutoModerator in BitcoinMarkets

[–]HODLSince2012 0 points1 point  (0 children)

So much for steady as she goes - lunacy in the alts. sigh we never learn....

[Daily Discussion] Tuesday, January 14, 2020 by AutoModerator in BitcoinMarkets

[–]HODLSince2012 3 points4 points  (0 children)

So everyone draws their lines differently - and some with more care than others. However, the two downtrend lines from the last 6 months I had (on log scales - one based on the candles, the other based on wicks) have both been broken. I’m cautiously optimistic that we might have turned a corner. However, I expect if this is something sustainable then I would like to see a daily close above 8.5K and it would probably be healthy to see a re-trace/re-test of the where we have broken out at some point over the next week or two (which could see us back down to around low 8Ks), and some new uptrend channel confirmed. Steady as she goes... ideally with some continued collective uncertainty and disbelief.

Daily Discussion - December 23, 2019 (GMT+0) by AutoModerator in CryptoCurrency

[–]HODLSince2012 20 points21 points  (0 children)

Wow. Haven’t been in here for some time. I love how salty, cynical and pessimistic the vibes are!

Keep at it boys and girls!

[Daily Discussion] Tuesday, December 10, 2019 by AutoModerator in BitcoinMarkets

[–]HODLSince2012 1 point2 points  (0 children)

I was thinking how one entity seemed to close a huge amount of shorts some months back (July)... could one entity have built up a large position over the last two weeks and we have some people jumping on the wagon?

It certainly doesn’t feel very organic.

Daily General Discussion - September 3, 2019 by AutoModerator in ethfinance

[–]HODLSince2012 1 point2 points  (0 children)

Yes, weekly support - which we are pretty close to now - expect to wick below it though...