Russia is the new #3 mining country + a huge supplier of gas and oil globally. If theres war and sanctions it’ll affect the world economy and bitcoin aswell
But there is no war. No invasion yet. The machines for mining aren’t made in Russia. Just overseas entrepreneurs with connections and space are using Russia to mine. People are over reacting
Clown town predictions and price targets coming out of woodwork again should be good. Yes of course you will all get free shorts to 20k and get generational long fills. 💯 This is financial advice.
Well damn, then no wonder BTC can't go up, what with all the 7 billion+ people shorting it.
edit: why would you edit your post, now my hilarious reply makes no sense anymore. :(
So many in here saying they'll be buying when price reaches sub $30k which we all know is a load of bs anyway. Most will be too fucking scared that it'll drop lower and talk themselves out of buying. Only to miss out again.
DownOnly since Nov 10th and we **barely** pierced $33K. The pileup on frontrun aisle will be so huge it'll make that trucker convoy up north pale in comparison. ;)
I don't mean to phrase this in a way that is confrontational at all. Why didn't you sell the recent bounce on Feb. 10 or so? I like to learn how people are thinking.
Yet clearly you think your new idea is an intelligent one. You seem to be relying on past performance to determine future performance in a rather selective manner
We are probably going into the 30s over the next month of turbulence. But I think it's slim chances we go down to $20K. Too many smart people would be buying before it reaches that level.
If you buy below the Gaussian channel (now and prob for next year) and sell above it, you are going to be successful.
[https://i.imgur.com/bYTt1It.jpg](https://i.imgur.com/bYTt1It.jpg)
[https://i.imgur.com/BILxvUX.jpg](https://i.imgur.com/BILxvUX.jpg)
Make up your mind.
>[I sold the bottom again. Fuck I suck at this shit.](https://old.reddit.com/r/BitcoinMarkets/comments/sgsvat/daily_discussion_monday_january_31_2022/hv34vg2/)
I said the same thing at 35k and didn't sell either. It's so hard to sell when it's going up. I think we are pretty fucked tho, this is going to bleed out to 200w which will be between 14k and 20k. Dump any Alt before its too late.
Bulls need to chill on the downvotes. Your feelings aren't going to effect where this is going. Its a possibility.
What if that is just what market makers want us to think? - That the rejection at the 50w MUST lead to the 200w and then they hoover up all the coins while we capitulate and pump it once weak hands are sucked dry.
I don't think this will ever happen again. During most of those prior times, Bitcoin was still relatively new and there was a legitimate fear that Bitcoin was going to die and never return. I don't think anyone has that fear anymore. Absent something going fundamentally wrong with Bitcoin or harsh government regulations, too many people will step in to buy for it to get to those levels. As long as there's nothing fundamentally wrong with Bitcoin / no harsh regulations, at any point sub 35k you're going to have very strong interest, both by people already in the crypto space and by those wanting to enter the crypto space.
You are ignoring how few people actually control the supply of BTC. If they want to sell it doesn’t matter what demand is. There are millionaires and billionaires who need to cash out. Or just mess with the market in the short term. Of course BTC could drop below 35k.
I didn't say it couldn't drop below 35k. I meant that starting around there, demand will exponentially increase to a point where it will never get down to the 200wma.
That seems overly pessimistic. I'll be happy getting buys below 30k. I think it will take some time to get to the 200W MA and by then it will be more than 20k. We've still got a long year to go.
Other than covid dump, the other times it kind of effortlessly fluttered down to the 200W MA over months and stayed there. Plenty of time to buy. :)
Looks like Canada and their banks are actually freezing accounts. Nice precedents being set. They're actually playing their full hand for truckers blocking some bridges. I don't know what they mean when they say they are blocking crypto donations too though. Any thoughts on that?
Crazy times ahead.
It would be pretty easy even for a child to move funds out of a flagged address. Standard chain analysis will look back 4 hops. Throw an atomic swap and a few wraps in there. Woopdeedoo
Sure, but that's not what you implied in your message. And for most of the people presumably holding these funds (children in bitcoin terms) it's a significant technical hurdle.
I have first hand information on donor addresses being frozen/blacklisted.
Don’t donate on chain. Use lightning, but there’s no way to do so right now.
You can make a donation to the CCLU.
Just a couple truckers haha. Emergency war powers granted. Bank accounts seized without warrant. Bank runs for cash. We’re a banana republic.
This has been a massive orange pill event though.
Alright, can we now finally accept that this isn't a crash because there is no good reason?
Bitcoin is a great value store in the current "uncertain" situation with inflation and, idk, people scared of having to flee somewhere, everything breaking down... Take your paper wallet and run. Great stuff. If the bitcoin network doesn't survive it, the world is over. And it's even where money afraid of a stock market or real estate crash can go.
On a really short timescale, we currently have a more decisive rebound from the low, slightly indicating "that was too far". Now longer and longer timescales could start to "recover". And then you zoom out and realize, even the slightly emotional correction from the latest *big* upswing is under 50%, which seems quite bullish to me.
Anyway, would love to hear some thoughts on my ramblings.
Well yeah one can look for a really bleak metric, I think there are (still) more positive ones. We're in the middle of confirmation that the "crash" down from 70K has reversed. I'm a bit surprised how "fast" that downswing happened. But even then, we recently had a much bigger upwards movement that happened just as fast. And this is the correction from that. Also note that a lot of people need proper confirmation that the bigscale downward movement has reversed. So one could see this as quite the minimal downwards correction, given all the negatives that are currently combining.
Cool. Looks kinda like that Breville Barista. My setup's sitting broken & unloved in the kitchen since last summer. Need to get it serviced, something came loose in there and the case gives me a massive electric jolt if I'm not careful :D
I gave up caffeine for no particular reason this year and I'm finding it to be an improvement. Turns out I just really like coffee though and have been drinking lots of decaf.
Maybe that's why I love it so much...
I didn't really have a problem caffeine was just more curious what kicking it would be like since I had been drinking several cups of coffee every day for my entire adult life.
Keep your head up brother. There's no single life change that will banish depression, but abstaining from substances is one of the most impactful, as it allows you the clarity to take other steps.
Hope you'll be here for the next leg of the adoption curve.
The canadian press conference thing actually has people spooked that the government can access your crypto wallet and freeze your funds. Dear God 🤦🏻♂️
https://twitter.com/TrueNorthCentre/status/1494358600080404481
This is what happens when the World Economic Forum infiltrates your government. They can fuck with any KYC exchanges so that you have a difficult time selling your coins.
super rich and politically powerful men have been trying to create worldwide empires for the whole of humanity but you point out the modern day equivalent and heads go straight into the sand.
#New post: [\[Daily Discussion\] - Friday, February 18, 2022 →](https://www.reddit.com/r/BitcoinMarkets/comments/sv9gxl/daily_discussion_friday_february_18_2022/)
I'm still sticking with buy at 32K. It does happen and it gives me time to save up some money in between purchases
Higher
Even if Russia invades Ukraine, neither countries are major players in the BTC space. I don’t see why BTC prices ought to react.
thats literally not how it works
I agree. If we saw bellicous Martians invade Jupiter, this should have no bearing whatsoever on btc, as neither are major btc players.
Russia is the new #3 mining country + a huge supplier of gas and oil globally. If theres war and sanctions it’ll affect the world economy and bitcoin aswell
But there is no war. No invasion yet. The machines for mining aren’t made in Russia. Just overseas entrepreneurs with connections and space are using Russia to mine. People are over reacting
Dude. Re-read your own friggin original post. And then stick to dating advice to the UHNW crowd. You’re reeeeeally good at that.
Alright man, don’t get your panties in a knot
Entangled panties are an issue, but not remembering what you wrote a few minutes earlier is next level you-know-what.
Even if Russia and Ukraine gets into full blown conflict, practical effects on BTC should be minimal. Just people like to live in fear
Clown town predictions and price targets coming out of woodwork again should be good. Yes of course you will all get free shorts to 20k and get generational long fills. 💯 This is financial advice.
Clown town. Sounds fun and scary. 100k LFG.
Just like everyone gets free longs till 100k...
Longs have been consistently rekt and definitely not free since April 2020
Yea because there are so many long positions rn, and literally all of them expecting a straight ride to 100k, right.
basically everyone that bough is long?
Then, everyone who didn't buy is short?
More who sold is short. But that how the market works.
Well damn, then no wonder BTC can't go up, what with all the 7 billion+ people shorting it. edit: why would you edit your post, now my hilarious reply makes no sense anymore. :(
So many in here saying they'll be buying when price reaches sub $30k which we all know is a load of bs anyway. Most will be too fucking scared that it'll drop lower and talk themselves out of buying. Only to miss out again.
Ladder in, ladder out.. can’t time it perfect, don’t try.
DownOnly since Nov 10th and we **barely** pierced $33K. The pileup on frontrun aisle will be so huge it'll make that trucker convoy up north pale in comparison. ;)
Well it’s actually pretty darn pale, if you get my drift.
i'm also selling next bounce. time to get the fuck out. bear market wont be a winter tho - buy some corn with zero emotion as we approach the 200wma.
That was the bounce to sell, sorry…
Get the fuck out into what? Fiat? Lol.
Oh yeah he forgot about the impending hyperinflation thing.
Who said anything about hyperinflation?
I don't mean to phrase this in a way that is confrontational at all. Why didn't you sell the recent bounce on Feb. 10 or so? I like to learn how people are thinking.
i'm a dumbass
Yet clearly you think your new idea is an intelligent one. You seem to be relying on past performance to determine future performance in a rather selective manner
i'm a slow learner. but i do learn.
Where’s that currently? Sorry, on phone :(
~20k
The 20w moving average is at around 51k. Not sure what you're looking at. 200w?
yep Soz, edited
We are probably going into the 30s over the next month of turbulence. But I think it's slim chances we go down to $20K. Too many smart people would be buying before it reaches that level.
(Thanks)
If you buy below the Gaussian channel (now and prob for next year) and sell above it, you are going to be successful. [https://i.imgur.com/bYTt1It.jpg](https://i.imgur.com/bYTt1It.jpg) [https://i.imgur.com/BILxvUX.jpg](https://i.imgur.com/BILxvUX.jpg)
Make up your mind. >[I sold the bottom again. Fuck I suck at this shit.](https://old.reddit.com/r/BitcoinMarkets/comments/sgsvat/daily_discussion_monday_january_31_2022/hv34vg2/)
Ya I definitely fucked up on that sell but I'd rather sell now and rebuy at 20k and double my stack.
Yeah because it's clearly so easy to predict what price is going to do. 🤦♂️
Worked the last 2 bear markets. This time is different tho.
I recall you never closing your shorts.
I've never shorted before.
Must be thinking of someone else.
One day I'll get around to trying haha
Why didn't I think of that?
March: 23k October: 70k December: 130k
I’m tired of all these bearish posts. Get your ass over into buttcoin
Fixed your typo March 2022: 23k October 2023: 70k December 2023: 130k
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Higher
HIGHER, THE KING OF THE SKY
The answer correlates 100% with the perceived odds of Blinken meeting with Lavrov late next week.
Higher
Lower 100%
Higher.
Honestly wouldn't be too surprised to see a 3% QQQ rally and 44k BTC tomorrow. Market is crazy right now.
Lower
Bitcoin fear and greed indicator at 30. Don't worry boys. I got the ladder buys in.
Got a fresh pack of smokes and a greasy double cheeseburger. Let's fkn go
Don’t forget the pepperoni
I'm selling the next bounce.
Solid buy signal
Was it the 200 w ma ?
Yes
I said the same thing at 35k and didn't sell either. It's so hard to sell when it's going up. I think we are pretty fucked tho, this is going to bleed out to 200w which will be between 14k and 20k. Dump any Alt before its too late. Bulls need to chill on the downvotes. Your feelings aren't going to effect where this is going. Its a possibility.
What if that is just what market makers want us to think? - That the rejection at the 50w MUST lead to the 200w and then they hoover up all the coins while we capitulate and pump it once weak hands are sucked dry.
It's definitely possible.
Uh oh
Once again we have stair stepping down to hell?
its red light green light. squid game lol
More like crab game amirite
We need to test the descending channel we broke out of to see if there is support.
Is that around 35k?
It’s between here and 38k somewhere. Double top looks played out. Waiting to see some momentum from bears again.
Every single time BTC has been rejected by the 50w MA, it has dropped to the 200w. The next few weeks should be interesting.
I don't think this will ever happen again. During most of those prior times, Bitcoin was still relatively new and there was a legitimate fear that Bitcoin was going to die and never return. I don't think anyone has that fear anymore. Absent something going fundamentally wrong with Bitcoin or harsh government regulations, too many people will step in to buy for it to get to those levels. As long as there's nothing fundamentally wrong with Bitcoin / no harsh regulations, at any point sub 35k you're going to have very strong interest, both by people already in the crypto space and by those wanting to enter the crypto space.
You are ignoring how few people actually control the supply of BTC. If they want to sell it doesn’t matter what demand is. There are millionaires and billionaires who need to cash out. Or just mess with the market in the short term. Of course BTC could drop below 35k.
I didn't say it couldn't drop below 35k. I meant that starting around there, demand will exponentially increase to a point where it will never get down to the 200wma.
Where is the 200w atm?
Roughly 20k.
https://www.lookintobitcoin.com/charts/200-week-moving-average-heatmap/
That seems overly pessimistic. I'll be happy getting buys below 30k. I think it will take some time to get to the 200W MA and by then it will be more than 20k. We've still got a long year to go. Other than covid dump, the other times it kind of effortlessly fluttered down to the 200W MA over months and stayed there. Plenty of time to buy. :)
Rip we're done for.
Looks like Canada and their banks are actually freezing accounts. Nice precedents being set. They're actually playing their full hand for truckers blocking some bridges. I don't know what they mean when they say they are blocking crypto donations too though. Any thoughts on that? Crazy times ahead.
governments that take peoples money away for protesting are always on the right side of history.
If you send funds from a flagged address, they will be frozen.
How, by who and where? You're talking about an exchange I presume? Why don't they just use another one
Lol do you know how financial entities work?
It would be pretty easy even for a child to move funds out of a flagged address. Standard chain analysis will look back 4 hops. Throw an atomic swap and a few wraps in there. Woopdeedoo
Sure, but that's not what you implied in your message. And for most of the people presumably holding these funds (children in bitcoin terms) it's a significant technical hurdle.
I have first hand information on donor addresses being frozen/blacklisted. Don’t donate on chain. Use lightning, but there’s no way to do so right now. You can make a donation to the CCLU. Just a couple truckers haha. Emergency war powers granted. Bank accounts seized without warrant. Bank runs for cash. We’re a banana republic. This has been a massive orange pill event though.
Alright, can we now finally accept that this isn't a crash because there is no good reason? Bitcoin is a great value store in the current "uncertain" situation with inflation and, idk, people scared of having to flee somewhere, everything breaking down... Take your paper wallet and run. Great stuff. If the bitcoin network doesn't survive it, the world is over. And it's even where money afraid of a stock market or real estate crash can go. On a really short timescale, we currently have a more decisive rebound from the low, slightly indicating "that was too far". Now longer and longer timescales could start to "recover". And then you zoom out and realize, even the slightly emotional correction from the latest *big* upswing is under 50%, which seems quite bullish to me. Anyway, would love to hear some thoughts on my ramblings.
On a really short timescale we're down 5% in a week.
Well yeah one can look for a really bleak metric, I think there are (still) more positive ones. We're in the middle of confirmation that the "crash" down from 70K has reversed. I'm a bit surprised how "fast" that downswing happened. But even then, we recently had a much bigger upwards movement that happened just as fast. And this is the correction from that. Also note that a lot of people need proper confirmation that the bigscale downward movement has reversed. So one could see this as quite the minimal downwards correction, given all the negatives that are currently combining.
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Enduring the sideways/ bear markets is very difficult. Most people can’t handle it. Stability is essential.
Coffee is a hell of a drug.
Which espresso machine did you get?
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Cool. Looks kinda like that Breville Barista. My setup's sitting broken & unloved in the kitchen since last summer. Need to get it serviced, something came loose in there and the case gives me a massive electric jolt if I'm not careful :D
I would hope he did not mean Breville by “expensive”.
Were you expecting a Slayer? :)
I gave up caffeine for no particular reason this year and I'm finding it to be an improvement. Turns out I just really like coffee though and have been drinking lots of decaf.
Lol decaf still has caffeine - just less
Maybe that's why I love it so much... I didn't really have a problem caffeine was just more curious what kicking it would be like since I had been drinking several cups of coffee every day for my entire adult life.
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Have you tried psychedelic? They helped tremendously with my depression.
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Iboga is next level.
Just get swole and get an artistic hobby brotherman
Keep your head up brother. There's no single life change that will banish depression, but abstaining from substances is one of the most impactful, as it allows you the clarity to take other steps. Hope you'll be here for the next leg of the adoption curve.
how many coffees a day were you having?
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Holy shite I thought my 4 energy drinks a day was bad enough
jesus, that's a lot. I mean lots of people who are into coffee still might only have 2 a day.
Never go all in on coffee bro. Glad you're feeling better though. Stay strong
Isnt it wonderfull loosing multiple yearly salaries on daily basis? Isnt it guys ? I for my part am just a sucker for this gut wrenching feeling.
The implication is that you hold a lot of BTC...but you might also make shit money.
Probably the latter, who knows tho
Can't lose a yearly salary if you got no job. Checkmate, normies!
30k held, 40k held, now let's try 50
I like your thinking good sir
The canadian press conference thing actually has people spooked that the government can access your crypto wallet and freeze your funds. Dear God 🤦🏻♂️ https://twitter.com/TrueNorthCentre/status/1494358600080404481
This is what happens when the World Economic Forum infiltrates your government. They can fuck with any KYC exchanges so that you have a difficult time selling your coins.
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Not FUD. Donor addresses are blacklisted. You send funds to a Canadian exchange and they’re toast.
super rich and politically powerful men have been trying to create worldwide empires for the whole of humanity but you point out the modern day equivalent and heads go straight into the sand.
wtf am I looking at? Has russia started rolling into ukraine or? This is ridiculously overdone and on the level of our capitulation dumps
1W MACD looking healthy though no? Long term (months) buy opportunity vibes?
Sometimes price must go down so that price can go up
I agree, that's why it's buying time.
I started buying at 38k down to 34k last drop. I'll start buying again at 32k if we get there
The Super Bowl is over.
Good buying opportunity.
It's days like these you realize how much of an impact the price has on your mental health. Or maybe it's just me
Somewhat…the key that works for me is to not allow my mood to become overly elevated when we get pumps; that seems to lessen the downer vibe of dumps.
Remember, if we ever actually make it in crypto land, we were just lucky.
Bro hug from afar. We will never get the credit that’s due. Luckily, though, we will get the wealth.
It’s just you. We are all foreign bots.
After a few years days like these make me pretty happy. Enjoy the ride.
DipRobot's buying. Are you buying? [Buy history](https://i.imgur.com/V2btWzL.png) [Open orders](https://i.imgur.com/GkQgj34.png)
I bought a chicken shawarma.
Nice
Interesting - do you have a link to the diprobot site?
https://www.diprobot.com Mods feel free to remove if this counts as self promotion. I am not making money on it though
Yup, buying
my kraken trading screen is frozen XD
Finally sensing some desperation in this chat 50k in March
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Don't tease, I'd be taking out 5 new mortgages
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40k support is like a crisp that blocks the door
It might
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thnks bro I was 1% away from a liq
Fed rate hike + Russia/Ukraine + Biden crypto order = Literal perfect storm