I need an explanation....
Someone explain to me why the fuck this is happening...
I need an explanation....
Someone explain to me why the fuck this is happening...
>being this dumb
>market goes up 50% total marketcap
>bull morons in full retard modes expecting no dip ever again
>don't realize they are literally the sheep flock that are tempted to FOMO in at some point in an orchestrated overly prolonged "recovery" pump
>dip comes
>panic sell with loss
>miss next recovery instead of doing the opposite
Never change Jow Forums.
>BTC goes up $1000 in an instant for no reason
>be surprised when it comes back down
wew lad cutting edge brainletisms
you didn't think btc going to 3k was a meme, did you?
we liquidated the bears, now's the time to go back down
once you discover the next step, you will long for the black wojaks of despair
Different people selling and taking profits. Some people are happy with 2%. Others 20%. Yet others want even more. It's difficult to put into words but it's all clear in my head.
correction
I posted yesterday about buying sky and shorting bitcoin cash and some shill cuck was raving about his amazing BCH bandwagon. How do you like being stranded in the fucking desert chasing the flying Dutchman?
is this trannyjack or whut the fack bruh
dont strain yourself
>Who is George Soros
(((Total Mystery))) user....
I feel sorry for newer guys browsing biz for usable advise and trends, because it can be a very useful gauge of how the market is and will be responding. But there is so much horseshit you have to shovel through to get to anything useful. Maybe 98% of everything posted here will just confuse you. Learn to filter out the garbage. It takes time, but those who know how would have picked up the sentiment of inorganic growth and impending correction (if they didn't spot it by themselves) over the last 10 days. And this sentiment was shared more and more with each manipulation. People here even started posted when they tethered or swopped out.
No, you didn't. Anyone not a brainlet took profit when shorts hit ATH and longed til now. I closed my longs once Eth went over 700 and plebbitors thought Btc was going to 10k hehe - shorting again now. This market is predictable as fuck, try harder (((faggots))).
Yep. Only reason I'm still here - the better conversation happens elsewhere, this is still a great canary in a coal mine though. Same with plebbit - it's worth lurking because when those fucks are fomoing it's time to sell.
I truly wish I wasn't a brainlet.
>marketcap
The market cap meme as having any value at all needs to die to be honest.
> 154,411,984,908 USD
>Implying there is 154*10^9 dollar standing by to flood into the market.
We all know the impact even a moderate transaction has on the price.
So a realistic price for btc would be based on the actual amount of money a large amount of btc (say 1/3 supply) could be sold for, which is obviously much lower.
>BTC pumps up for days without stopping
>goes down a little
>HOW COULD THIS HAVE HAPPENED
market cap is just an indicator, not an actual amount of money
Easy user - you see THAT many green candles in a row, THAT much fomo posting on plebbit and twatter etc - you either close or at least set a stop loss. Same going the other way.....you see THAT many shorts open and that much fud - same deal. Learn some TA too - yeah its bullshit on its own but used together with sentiment and fundamentals it's good.
Still going to 11k soon niggies, just need some down and some punishment.
Well, if you buy at 9700 you are butthurt obviously.
Where does the "better" conversation happen? That is pure delusion if you think reddit conversation with deluded bagholders zero negativity is "better" when their purpose is only shilling instead of objectively analyzing something. This goes for pretty much any other platform. The anonymity here provides some neccessary negativity you don't find anywhere else and reinforces critical thinking instead of believing every shit. If you believe everything here you get burned. You have to think for yourself.
statistical anomalies only help us. obviously there's a few idiots who slip through the cracks, then they brag about their success and attract a much larger number of idiots to feed the machine. this is what is wanted
thanks I guess
still doesn't help my brainlet problem
Also I had some of the best conversations and discussions as well as insights about the market sentiment right here because of this. Just learn to filter properly and the 2% non-trash information you get here is the most valuable information you get anywhere.
>Where should I shill next?
Kek, nice try cancer. You're staying right here on the cancer containment board where you belong.
>indicator
>multiply currently traded value by supply
>supply hardly changes anymore
What a unique and useful indicator.
if you buy at 9700 you're retarded
it's still used to compare the total value between different coins, since the supply is different per coin
you all were warned days ago, see:
>can't answer the question because clearly he didn't think this through
>deflects with meaningless ad-hominem because he doesn't want to admit own mistakes
You are trash. Good thing you "discuss" elsewhere.
>OMG WHY MY COIN DONT GO UP FOREVARRR WTF
end yourself
Hehe yeah, no argument here. Like a Casino, a few good players taking profits makes the herd jealous. Good for business.
I'd be careful though - eventually these dumbasses will figure out how to bot correctly (if nothing else) and stupidity won't matter anymore when they can copypasta a winning strategy.
It is too early to call it. At the moment you risk embarrassing yourself if you call retrace to 6500$. But there is a good chance for it to happen, yes. I call 7500$ at least.
That just takes time, user.
You can start by profiling posts on Biz.
You can spot guys who know a bit more by the way they write. Their posts generally contain information sans the usual insults. And they don't spend time defending their positions by name calling (i.e. they're not after that validation). They respond to ligit interest and questions into what they posted and usually not at all to brainlet tantrums.
If these kind of posts are all you focus on then you start getting an idea of what is going on.
>compare the total value between different coins
This I can agree with somewhat, but it is still a poor measure of the actual value, because there is no way in hell every coin can be sold for anywhere near that amount.
And it gets even worse if you start getting into even more volatile (meme) coins.
On Sunday night I reached peak FOMO.
That's how I knew a big crash was imminent.
Just do the opposite of your gut.
what coin do you recommend and why?
Yep, you keep on trying cancer! I'll crack at any moment kek.
Well... some-a-times the price-a she go up, and some-a-times the price? A-she go down. And some-a-times, the price, a-she go a-sideways. Today, the price a she-a go down.
According to Buddha, one of realities of life is that all beings who are caught up in the cycle of existence are subject to dukka.
The Pali word dukkha is loosely translated as ‘suffering’. Although in ordinary usage dukkha means suffering, pain, sorrow, misery, in the First Noble Truth, it has a much deeper and wider meaning, which includes ideas such as unsatisfactoriness, dissatisfaction, frustration, separation, and emptiness. Dukkha permeates our very existence, affecting our body and mind. The body is affected by old age, sickness and death, while the mind is affected by such factors as separation from things and persons one likes, not getting things one desires, being in unpleasant circumstances, etc.
The unsatisfactory translation of the word dukkha as “suffering” has led some people to regard Buddha’s teachings as pessimistic. First of all, Buddhism is neither pessimistic nor optimistic. It takes a realistic view of life and the world. It does not promise you a life in an everlasting paradise nor does it frighten you into accepting some kind of blind faith.
One may ask, ‘what about happiness?’ According to teachings of the Buddha, true happiness is found within, not in external objects such as wealth, power, honour, or selfish love. A little reflection will show that these forms of happiness do not last as they are subject to change. For example, we may enjoy a holiday on a paradise island, but when it is over and we are back to face the daily work and routines, we are left with dissatisfaction.
I almost cancelled my ETH sale at 650 and BTC sale at 9500. Stick to the plan and check your emotion at the door
Just stay away here then. I know when I spot a brainlet, larping as a non-brainlet.
Actually this. Get emotional you miss out. Thanks to my emotions I let hundreds of thousands on the street over the course of a year. Whenever I didn't let the emotions take the better of me, I profited. In the end it is just about finding the balance to be not overly invested so you are not emotional. Form your life around your investments so you are distracted enough and emotionally stable.
Hello, fellow Buddhist, you are a rare breed to find around here. Also what you say is something others should read and think through thoroughly.
Don't let yourself get shilled, user. You should put in the time to find out the what and why for yourself. A good place to get red pilled is Jackson Palmer's weekly youtube videos.
Shill me, I am in the process of reading the Power of Now and it is pretty interesting
Fuck you and fuck your internet money, hope every single crypto crashes and burns
t. commie
But it was 20k before that. It is not natural that it's deeping and not returning to 20k.
This.
I saw someone post the old "Reddit made me rich so I wan't to give something back" last week.
It got gilded twice and upvoted to the top of cc.
Not a single post calling them out for being a blatant pageet shill fuck.
Shilling Buddhism pretty much depends about your willingness to open up, self-improve and ability for abstract thinking. According to this some you advise you specific schools.
If you want to take it slowly and just avoid some suffering or liberation from outer conditions you should look for Hinayana teachings. If you want to work for the benefit of other beings and improve yourself to the point of being able to do so because you have the motivation to do so, you look for Mahayana teachings. If you are willing to go beyond your limitations in a fast and intense manner with the motivation to only benefit other beings you look for Vajrayana techings.
Not if the growth itself was artificial in the first place. That is why everybody has to take his own guess what the "real value" of BTC might be in 2018. If you think it is overvalued, you short it. If you think it is undervalued, you long it. Easy as that. However only one will be true.
God shit user, nicely put.
He indeed excelled at this. One should actually save it as pasta and occasionally repeat it.
>you risk embarrassing yourself
11k watch the fucks being given.
Hey there OP ill tell you.
The way markets work is cyclical, there has to be a balance between the buyers and the sellers. You can see the balance when StochRSI-indicator is going smoothly up and down (if youre into TA). Right now we were overbough for many days straight wich is not healthy = therefore we NEEDED this pullback for the market to recover and gain balance.
Totally normal, no need to worry.
People not accepting reality. Greed. We've had no dumps since the big move up. As a bear being teased for the last few days, starting to feel a bit vindicated.
This. The daily RSI hit 70 EXACTLY and then Bitcoin did a 180 and started going down. It's not a coincidence. Traders are trading based on technical indicators. We will go up again. The general trend is upwards now. Unironically, buy the dip.
Thanks man I will note all that now
interesting, if i turn in to budhism i would never have to REEEEEE or AAAAAAH again
Fuck capitalism
Eckhart Tolle is a fucking shyster total new-age kook
read the Bible, the Bhagavad Gita the Sutras, even the fucking Koran
buddha sounds like a fucking retarded faggot. "true happiness is found within" what a meaningless platitude. true happiness doesnt exist
Because you touch yourself at night.
there is always someone calling for a crash in the near future
>what makes this warning better than a lucky guess
>Muh Technical Astrology
>falling for the "TA is bullshit" meme
The thing that really surprised me was that it dumped without any bearish divergence on larger time scales.
Fibo
Probably true. Those crazy margin traders have to be margin called before the significant movement occurs.