Future
Bitcoin - An outlook for the future and some thoughts Hello everybody,
This is my first post and I would like to give you some deeper thoughts on Bitcoin for you to think about and I would love to talk with you guys and share some knowledge.
Generally I am a Scalper, Daytrader mostly in Forex but also in Cryptos and Stocks because what works on one side might work on the other...
But we are not here to think but to act and let the market tell us what to do according to our rules. The tricky part is that we as retail traders have a lack of deeper insights and knowledge which only the big guys got way ahead of News and of us. So lately with Bitcoin we see a similar thing.
At first this was a great new tool for enthusiasts and others. Later more and more people jumped on and well... we all know the bubble popped and a massive downtrend took place. But I want to tell you not what you already know but more thoughts about the background of Bitcoin.
So it seemed like a great opportunity but what now?
Well, actually the answer to this might be a lot deeper than what you would expect.
Bitcoin was the first Cryptocurrency and look at it now. Go to coinmarketcap or others and look how far we´ve come.
But what for? Did you really think Bitcoin would make you rich? Maybe it made some people rich who invested early enough but does this change the world? Look at it now? People must ask themselves if it really is reliable? What about all the other Cryptos, Blockchain technology and so on?
People might think: "Well, maybe the time wasn´t right or maybe Cryptos aren´t ready for the public yet"?
No. There is a reason why all of this happened.
I am really no friend of speculations or some fancy theories but there is clear evidence if you take a deeper look at it that Bitcoin wasn´t made by some mysterious Satoshi Nakamoto who nobody ever saw or worked with. The people who worked with "him" couldn´t proof that and besides that it´s highly questionable how someone could´ve done that without others ever finding out his real identity.
But these are just speculations too. It get´s interesting when you think about something else: What if the NSA or employees of the NSA or other "organisations" have created a workplace and concept in 1995 which is exactly the concept of blockchain and Bitcoin ? What if this was made by the real powerful people in the background to shift society to something new which is even easier to control and which will be loved by society just because people are mostly lazy, wouldn´t get educated about that matter enough and love it because it was easy to use? Don´t people love using their creditcards and max them out? Why? Because it´s easy for them and because nobody cares ?! What if people, even the smartest ones, get convinced that blockchain and other following concepts will be freedom and are anonymous while the real "owners" and "creators" laugh because it was just too easy to convince everyone to use it.
What exactly has changed since the roman empire? Bread and circuses: latin: "panem et circenses"...
It is always about ruling, dominating and dividing society so that they are way too stressed to think and worry about themselves and don´t have enough time and effort to search for the real people who make their lives so difficult. We are highly developed technologically and you could think that it´s harder for them to rule because people would realize today. But it just got easier !!! People don´t use that technology to get freedom in fact they enslave themselves even more. But what has that to do with Bitcoin? Well, I claim that Bitcoin was made by those exact people to initiate a "revolution" to society which leads to something else: No freedom and even easier mass control. If you don´t wanna go on reading from here that´s fine but to trade and to understand the markets you really need to understand the real motives. So Bitcoin skyrocketing into this world happened right after the 2008 financial crisis which is another big theme to talk about for that matter but it is highly suspicious that we still don´t know who created it officially and so on.
People get told that this is for the people and even sceptics get convinced as long as they get high returns and as long as they can use it.
But what about the future? Well, my theory is this:
Bitcoin already made history and that is important because in economics there are two outcomes for this:
Either Bitcoin (the first business of it´s kind) stays and will lead the world in that area or other Cryptos, Ideas (other businesses) and so on will follow and put Bitcoin out of business because they are better. So what we now see is the second outcome already going on. Ripple (XRP) and others making mindblowing progress on a much bigger scale right now. Why? Because banks are joining the team. Why? Because you wouldn´t believe that the big guys just get overrun by some tech guys and acceppt that they no longer control the financial systems? All for freedom for the people and so on?
It´s just highly unrealistic... ok, but what about Bitcoin? Can we still trade it? Where does it go?
Well, of course we can still trade it and it´s even better now because it gets highly manipulated like every big financial asset and that´s predictable because banks need to make money and we can follow the path just like I do for example with Forex and Stocks.
So to be more precise: I am not here to think and give some strange predictions but my guess is this: I trade according to my strategy and I don´t care if Bicoin goes in a circle because I follow the Banks but why should we see another rally to 20000$, or even 50.000$ or 100.000$?
It would not make sense because others are taking over and will scale up and be better for the user and investor in terms of what I described above.
So everything is possible (which is the most important thing in trading to know and respect) but it´s really unrealistic because it´s not in the interest of the big guys. What if Bitcoin was only the first step of that big puzzle and now comes the second piece (step).
Banks now have a foundation to max. out their profits in another area, transactions will be even faster, cheaper for users/investors and the transactions are all online and CAN be tracked down no matter what anybody claims. Imagine the bigger geopolitical strategies and interests of countries like the USA and China. China is already controlling it´s people by mass surveilance and similar things and this is just another tool for them. The USA and it´s agencies are happy when more and more people will use this modern technology because it´s just easy for them to see what they are doing. It´s all online !
I can go on for hours.
So my guess is that we might see a even bigger range. Because a huge range like you have it in the Forex market can be highly manipulated and create huge returns for the banks who are already in trouble. In fact banks are doing better than in 2008 and the next crisis is just ahead of us but other financial areas are already maxed out and they always need to make profit. Another factor is because Bitcoin is still leading the crypto world (even though others get closer) that we will be still able to trade Bitcoin for a long time in the future but that it just gets less interesting and there is nothing that backs Bitcoin so it´s value could go to 0 over time. But that´s a wild guess.
The more realistic guess is still that we will have a huge range which will happen in the next 6 months and is tradeable for a long time until the banks decide that it´s not anymore. Our economy is highly based on creating debt when creating money and this is and always will cause other financial crisis which will just get worse over time. The big guys know that and they mostly profit from it but even they know that this cannot go on forever because people will freak out over time. So they (being smart) create a new system of how we will use money in the future and sell it to us literally as the new freedom and people will literally buy it and everything will be fine until some more 50-100 years and they have another better idea. The show must go on.
My guess for Ripple also is that there won´t be a massive rally in % like with Bitcoin but still a huge possibility for long term investors.
Also take a look at this documentary because it is backed with facts and explains what I just tried to tell you:
www.youtube.com
I hope that helped you. Don´t be too harsh with me and yourself and comment if you want.
Cheers
BTC/USD HISTORY AND FUTURE FROM 2011 to 2030. BULLISH. LONGAs we can see btc has its own way to $1 000 000.
It rise every 2 years in X10 Times with a huge corrections, but targets are all in play.
We Saw $200 per BTC in 2015 and we saw $20000 in 2017
Now we saw 6000 per BTC and we are ready to see $60 000 with following correction to $12500
In 2019 We will see $125 000 and following correction to $53 000
2020 we could see $360 000 per BTC with correction to $120 000
And $1 000 000 Bitcoin Price in 2021 with a correction to $280 000 - $350 000
What we could see then? Maybe $ 360 000 000 per BTC in 2023-2025-2030 and it will be just alone coin with this great price like a gold, or We possible will see some new blockchain reincornation with BTC at 0 and some new technology.
XRP MASS ADOPTION FUTURE 1-5 YEARS. MONETARY SYSTEMI know, many FUDed #Ripple #XRP as a centralized, banks coin or gave it another FUD.
But this is one of several coins in the market that shows the graph of the future financial system. These are 3 financial waves and all 3 are related to the accumulation of huge volumes. While traders are trying to trade on this, big players accumulate, a large number of coins are concentrated in the hands of billionaires. You may continue to hate Ripple #XRP, but even if it is ever recognized as a security, it will only lead institutional investors into it. I see the minimum possible drop not lower than 2100-2200 in the worst case scenario. But I give this chance about 5% out of 100%.
Any fall, if it is possible, will be accompanied by shopping in the areas of 8200-7200-6200-5000-3500
Since 2012, the coin has made 2 waves of uptrend, which have completed the achievement of new peaks, with each correction we see a decrease in sales, even if you look at the finance weekly chart, it becomes clear that the volume of purchases far exceeds sales. This can be done only for the sake of accumulation in huge volumes. You do not need to love or hate the project to make it successful. Ripple is almost the only coin showing historical repetition developed by the new financial system. I could be wrong, but I see it.
Regarding my technical analysis - try to increase the decrease the schedule, and you will see the maximum goals and minimum.
Thank! Good luck to all.
ETH bears, but....This is not technical analysis. Just...
Athough there is a bearflag forming at 1H chart, this is the first time after long weeks period where ETH seems to shows its strength. It's holding support position with bottom at 82USD nicely, while BTC couldn't and dropped from 3300 to 3200USD.
ETH may be targeting 72USD, (and subsequently 49USD may become real too) but I can feel a smell of consolidation in the air.
NEO should start flying It is difficult to predict, but may be a point to get back the believe in NEO and its stabilisation in the nearest future. Long time NEOBTC show free fall. It reached support zone - accumulation zone. So, it is time to start flying from this zone. First it should break out resistance line of the wedge, let´s see. Any more ideas in this regard?
Ripple ...is it a great deal to buy now?Ripple’s XRP is very cheap now ($0.3688 as we write) and it’s quite valuable coin. A fundamental analysis published a couple of weeks ago estimated XRP’s real value to be of around $1.7 USD, which is five times its current price. it all about usefulness of the coin. For banks, remittance services and other financial institutions. Sooner or later, it will be adopted in massively.
Ripple’s goal is to create blockchain-based software and technologies that can eliminate all or most of the friction inherent in settling international payments. That’s been its mission for years, and its persuaded many among the largest banks in the world to jump in the wagon. In few words, you buy XRP using local currency, send it to the bank on the other side of the transfer. That bank then exchanges the XRP tokens for its local currency and thus the deal is done. The whole process takes less then five minutes and the fee is less the cent. With Ripple’s way of doing things, the banks don’t need to hold foreign currencies to transfer money across borders. That’s why services like Western Union/Moneygram have been so successful and Im pretty sure they will adopt and even testing it. And remember, fortunes have been made using low-cost coins. And its the matter of time, when Ripple coin will be adopted by Amazon, and many other famous financial institutions, online shops and so on.
Now XRP cheap yet, and its the coin to HODL, and its more likely to grow in its value when you never expect.
Bitcoin, and the entire crypto market.
Does this recent decline in the cryptocurrency market mean investors have finally come to their senses that the market is unstable? Have investors finally realized that there was a massive bubble that the cryptocurrency? The Dotcom Bubble, which is very similar in characteristics to the Cryptocurrency Bubble resulted in the closure, bankruptcies, or legal prosecution of hundreds of companies. We see similar characteristics such as an influx of new ICO's, of which 90% of them are useless, and dead after a short time. According to Dead Coin, currently, there are 930 coins that are deceased, abandoned, or deemed a scam. People have come to the realization that like fiat, crypto has been hacked, stolen, and manipulated. The benefits of crypto have drastically fallen from what was once promised. It became slow and expensive, while not being as secure as claimed. Majority of traders were very inexperienced traders who purchased bitcoin on credit, mortgages, and loans. So, it would seem that cryptocurrency has perceived value due to fiat (dollars, euros, misc). Traders invest fiat, gain profits, and sell for fiat. This makes crypto essentially a trading tool but itself is worthless, because there is no perceived value of cryptocurrency. Do each of the 2,000 coins have value? Are they all accepted? Are they accepted everywhere? Are there exchange rates? Can they be exchanged? These are the important questions asked by investors. Bitcoin, among other cryptocurrencies seem less accepted today vs during the boom of 2017. From what we heard, a big player in the decision was that crypto is no longer stable and have lost confidence. Below, we explain the 3 points on our charts:
Point 1 - We were reading that at this point, BTC was stabilizing and was poised to breakout. BTC traded pretty much flat for most of October, which many traders thought brought the end of the bear market for Bitcoin.
Point 2 - At this point, Bitcoin and the entire cryptocurrency market proved it was not a safe-haven against stock market volatility. Bitcoin has dropped in parallel with the stock market (not in percentage or points) but in a general sell off. There were bits of news here and there that may have influenced prices across the crypto market, but confidence has faltered and fear has set in.
Point 3 - We believe this is the most important point. This point is a future prediction, which we believe in that will take place WITHIN 2019. We believe investors and traders of the cryptocurrency have finally come to terms with the massive bubble that it became. According to CoinMarketCap, there are over 2,050 crypto currencies! Yet, at the same time the entire market cap has been shrinking. This is the biggest sign of a bubble. We believe the bubble popped and is continuing to deflate. We believe this drop in Bitcoin and the cryptocurrencies will continue to deflate, until a massive restructuring takes place, either by government involvement or not. In this restructuring, we will see well over 1,000 cryptocurrencies simply vanish.
So, what is the solution?
In conjunction with the stock market, we believe that the crypto market will also continue downward. The stock market has entered bear market and there is talk that GDP will come to a halt in 2019, below 2% with a big chance of recession. Many cryptocurrency experts state that the market is still in capitulation and predict bitcoin to reach back into the hundreds of dollars. Get out while you still can. You will see the vanishing of majority of the cryptocurrencies during this downtrend. Protect yourself with assets of actual value . Bitcoin is not digital gold, its digital fools gold. You decide, $4,000 for some coding or $4,000 for precious metals that survived every great financial decline? Will there be those who shout "Your crazy, your wrong" absolutely, but we were telling investors/traders to get out in Jan of 2018 where others stated "it was a correction". A correction is defined as a 10% decline, its now been over 80%. We understand, no one wants sobering news that the asset that helped many people make some extra money, is coming down and has further pain ahead.
*Disclaimer
As cryptocurrency is an entirely new type of investment class, predicting crypto has proved to be extremely difficult, even to self proclaimed experts. Our prediction is based on historical financial assets, bubbles, and trends. Bitcoin has a possibility of reversing upward, but the odds of this are extremely remote. We standby our claim that the bubble and capitulation has not ended . Best of luck!
Held back long enough. Posting my long entries now.Hellow. Here is a BLX -2.70% chart because I want to avoid too much attention. Especially from baghodler bulls screening Bitcoin 0.07% top ideas looking for something to get offended by. I do not want to help them.
Would be awesome if tradingview let us post ideas as "followers only" or "friends only" if they wanted to make it a little more a social network (rather than a cesspool of scammers). I wonder if anyone ever actually asked.
Here is what the price will do once we lose THE trendline (which is around 5500$ now). Once we reached it I have to assume we are going to bounce first. Should happen in the next 2 months. Hopefully in the next 2 to 4 weeks. I wish we drop in the next 2 weeks, bounce on that trendline , might go short once we do, then drop again SOON after and not stall for months on it. Oh my... I just KNOW deep down we are going to stall forever on that thing. Please NO. Make it happen like gold -0.04% , a bull run of a few weeks to maybe 9000 idk&idc, then just fall QUICKLY mini bounce on it and then just go straight through.
2010-2017 crypto was awesome, they never was this stalling, price always moved. This is because of these idiotic noobs that joined in 2017/2018 to "invest" still have not learned anything and think they will revolutionize finance. During our school years, people get progressivly filtered, by the time you are 4 years into university all the idiots got filtered (if you think this means all people that do not go to university are idiots then you skipped math class and common sense class necessary =/= sufficient), ok maybe not in pay to win universities, but usually someone with 60 IQ 0.14% is not going to build rockets... rather ask you if you want a plastic or paper bag (sorry for being harsh, nature is harsh not me). BUT there is no filter here. Remember that dumb kid that took 6 months to understand a joke every one got instantly or struggle to comprehend substractions every one made fun of? Well he has been working since he is 16 years old and he saved up alot -0.26% of money and he wants his piece of the cake.
It took him ages to understand 6-4 = 2, and now it will take him ages to understand the prices stopped going up and he got scammed and they would go down.
Luckilly for us it will also take him ages to understand that after going down, prices will go up.
Am I doing this out of pure cruelty? Yes (tihi), but we actually also need to understand what is going in the minds of people. In Forex I try to understand what is going on in the minds of hedge funds, in the stock market I am slowly learning about I try to figure out what is going on in the minds of fund managers and their clients (they manage at least 85% of the stock market), well in crypto like it or not the big players, the VAST majority are not investment banks or mutual funds. They are unsophisticated investors with no economic background, no hightech background (these have gotten in long ago and got out), no mathematic background, etc.
So I have to figure out what goes in the mind of a moron -.-
For the short term, trendline:
Depending on how we draw it, if the price does not go down, it will be reached in 2-3 months.
If price drops to 5800 it will be reached in 2 weeks.
Closing my short there, but not going long not 100% sure there is a big bounce, I have plenty of other markets to trade where I have more certainty.
What matters it will eventually fail and finally we will get what we waited for, but not all of it, bagHODLers will continue to insult anyone that isn't bullish on Bitcoin 0.07% , but when the price falls below 3000 $ that's when they will sell, STFU, and disappear back into the sewers.
It should look something like this:
By the way I am not making these comment out of pure hate for these fools, yes I want to punch them in the face they really deserve it :D, BUT we need to understand what is going on in their mind, that's all what trading is about...
Should all look like this, I call these baghodler bars:
To further confirm this it shall be required to look at Daily, 4 hour and 1 hour chart (yes look at 1 hour chart for both swing trading and long term investing, it all happens fast).
What I will look for, if that makes sense, is something that looks like a truck getting to destination and I want to make sure I can picture a big heavy truck going at x speed slowing down realistically just as it would happen irl. I want to see a drop, follow by an explosion down then a bounce, then as we reach T1 divergence on H1 chart, or at least some green candles showing that buyers are here and strong enough compared to bull (I actually mistyped bull haha ok I meant bears, bulls today but bears in a few months) to slow the momentum.
For T2 T final form I would be surprised to see this. What I will expect is:
- We lose 4000 support (T1 = 3869 btw), waterfalls down
- Bounces (most likely on 3000 after a drop of 25%), maybe 20% up. Buyers are showing signs of life.
- EXPLODES DOWN. Divergence on daily or H4 initially, but just falls non stop massively for 1-3 days. Minimum target is 2600 and keep an eye open for buying here, but I have a very strong hunch this will be a fire canon -0.31% ball. Sellers won't ever stop, the laggard sellers will get lucky as I expect large support to be found at 2000$ and below (2000 will probably get violated but can't tell by how much it will be pure random), and the buying will stop the selling. Sellers would keep selling till 0 if no buyers step in.
Keep your eyes open for the media saying Bitcoin 0.07% is dead in their headlines to get views like the dirty cockroaches they are :D
Keep you eyes open for CNBC making a tutorial on how to sell your crypto, and how to get your money back (I'm dying just thinking about all this).
ETH/USD 1D Chart- Long Sign (Daily chart never lies) :) It was difficult for me to find an answer to the question "whether ETH will break the border below 170$ " As most say. First I checked with 1-hour charter and nothing, then I went to a 4-hour charter, and nothing again. I decided to try on a daily chart, and here was the answer to the obvious reverse divergence (which shows that the market is oversold). Which brings me to the thought that as BTC is BTC is stable, ETH has stabilized as well. In the near future, we will find out if the bull that would shoot the market up will be big and powerful or just newborn.
I want to congratulate all those who play in the crypto world and to admit they have real courage. And with these actions, we may be jumping into the future. And each of us will be a part of this transition. :)
BTC MOON bullish divergent finnally back to 10K+ before EOYAlas we reached a inversely of the general trend. Bulls are starting to set phase to 10K BTC. The indication of the reversal of the axial long term support bands have indicated a fixed short term direction for the bulls to follow. This will create a set and easy to predict directories.
It is the end of lower lowers and we can follow with higher lows. Predictions based on pure ta and the positions of the solar system say we will reach 25K btc again somewhere in 2019.
The axial tunnel is a breakdown of the general support and long term resistance. These coordinates devided by their nominal parents times pie is the axial we have to follow.
All these complicated calculations aside we have the general news in mind and we will be able to set sail for leveraged longs.
Don’t forget to follow.
OCLN Origin Clear INC. Very High Risk Reward!ok so this is one of my least favorite charts, but its interesting.
This is a water filtering company to be blunt, but they do and serve a much larger picture. In about 10 years, water is going to be like gold, at least fresh clean water, due to the amount we use and pollute. Water filtering will be a big deal in the future, so this could be a huge play but in the longer term.
This has been a stock tanking for a long time, practically at a literal bottom. Theres more upside then down.
When you see a stock fall like this, you have to think they went bankrupt, or sales are decreased, but thats NOT the case.
This company is fairly active, and recently, along with many interviews and videos of their oporations.
They reported over DOUBLE sale revenue a few months ago, along with a few recent things happening with the company, along with a new way to oxidize and clean water.
anyways, just charting for future reference,
I see some upside swing from hitting that sweet 15 number, the increased volume in the last few months shows something going on, as its bigger then any volumes its had in its life.
FOLLOW for UPDATES, and check my other charts out!
Happy trading, debating and speculating!
So you really want to know where bitcoin is headed? Exposure.Hello my dear followers.
This time i'm coming with new discovery, which also contains my long term prediction on BTC.
Breaking the Enigma. Pt.2.
Wedge or Triangle?
From what i see on the charts and from past few movements, i guess we can have this sort of movement in upcoming weeks.
Completely matches with previous movements.
Again BTC looks like it want to touch 200EMA/MA daily, which also corelate with pattern on 61,8 Fibonacci.
But new thing that really disturbs me.
If i get the angle and complete timeframe in which i think this all may happen. It corelates with september 30.
Coincidence?
The ETF release completely matches with my prediciton on downside move to 6k.
Are we really in the triangle?
This could possibily complete the pattern, where we will reverse again from 6k touch around 6,9k reverse back to 6k and start a bull run.
Even tho my long term prediction plays with new lows. This could actually happen.
Wedge scenario would be in play, if on september 30 they would decline ETF to CBOE and we would freefall through 6k to 5k region.
Yes then Wedge scenario would be actually in play! And we would be heading to touch that sweet 3.5-3,7K Point.
Play Safe.
Jeekis
CRISPR Gene editing. Want your kids to have eagle wings? FUTURETechnical breakdown of CRISPR gene editing with ya boy Meteor Hammer,
First off, This technology really will change the future and these are the pioneers. could potentially end all disease and cure cancer, think about it... Amazing and spooky shit ladies and gentlemen.
This chart looks great. Price just broke through a critical line, and re-entered what could prove to be a falling wedge continuation pattern. watch for the breakout so we could head to $60.00 and beyond!
Get money and change the world? shiiiiiiiit.
Love,
SK