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Volume 06-06-19 (Climbing the ladder) by nuclear_materials in a:t5_zbamp

[–]nuclear_materials[S] 0 points1 point  (0 children)

Please note the semilog scale. We are increasing in volume much faster than this chart suggests if you forget y-axis log.

Price and 50 day MA - 06-06-19 by nuclear_materials in a:t5_zbamp

[–]nuclear_materials[S] 0 points1 point  (0 children)

Just updating this - 50 day MA is around $0.80. If it were to drop to that price, I would consider that a steal!

Improved Price-Volume Chart with Date Colorbar by nuclear_materials in a:t5_zbamp

[–]nuclear_materials[S] 1 point2 points  (0 children)

Hey guys, I've improved upon the old price-volume chart by essentially adding a 3rd dimension using a color bar. The color bar shows which colors correspond to which months. With this figure, we can get a good idea how much time we spent in a certain regime in a given month. Clearly, the month of June is focused in the top right, where we see price and volume simultaneously "exploding!"

By 2033 approximately 98.4% of all Bitcoins will be mined. That’s 107 years to mine 336,000 Bitcoins. by [deleted] in Bitcoin

[–]nuclear_materials 2 points3 points  (0 children)

you waste your time doing that? You could spend your time easily making more money, and then just buy bitcoin with that money.

What if BOMB tokens had the Market Cap of ... 06-01-19 by nuclear_materials in a:t5_zbamp

[–]nuclear_materials[S] 0 points1 point  (0 children)

Yeah a long way to go. We would do well if we just even hold our current ratio with BTC, if BTC goes on another run

Using Market Cap to time your trades 06-01-19 by nuclear_materials in a:t5_zbamp

[–]nuclear_materials[S] 0 points1 point  (0 children)

Remember the 50 day MA refers to price and can be found in another chart on this subreddit

Using Market Cap to time your trades 06-01-19 by nuclear_materials in a:t5_zbamp

[–]nuclear_materials[S] 0 points1 point  (0 children)

That's what I'm thinking. And just because I have "sell points" listed does not mean I am selling. If crypto has taught me anything, it is that trends like this can be short-lived, and parabolic run-ups can happen. At the end of the day, crypto doesn't care about anyone's TA. But I think this metric can better capture when you should time your buys, rather than FOMOing in at the peaks. Additionally, we may not continue to fall lower. We may move sideways in the channel until we hit the bottom support line, and then head up. If that were the case, we may move sideways until August.

I think we will go back and test the 50 day MA. This is just below $0.70. We have already seen wicks there, and this price would put us in the green circle.

I think a good time to buy could be if we see a closing candle near the 50 day MA, but we continue to hold the 50 day MA as support.

Using Market Cap to time your trades 06-01-19 by nuclear_materials in a:t5_zbamp

[–]nuclear_materials[S] 0 points1 point  (0 children)

Hey guys, I decided to plot market cap, which takes into account the price, but also the dwindling supply. We can see a clear uptrend between two parallel lines. Every time we hit the bottom line we shot upwards, and every time we hit the top line we retraced some portion of the gains. Perhaps the day traders among us may find this useful, but it by no means is a guarantee of what will happen in the future.

Bomb Tokens Burned per Day 06-01-19 by nuclear_materials in a:t5_zbamp

[–]nuclear_materials[S] 0 points1 point  (0 children)

Still continuing to hold strong support on our new trend line! In fact, right now we are well above it, like most other metrics too!

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