- As stated on
"some grey eminences making too much money"
- I d just say "some banksters got in BTC , and they overbought, too much. now they will give the option to their customers.
- Banksters are well know to bet against their customers . . . the next few days could bring surprises.
My personal chart ( https://uk.tradingview.com/chart/lFLigf1z/ ) , with personal god mode settings, is shouting "WARNING" :
I m not telling anyone to short bitcoin , shorting bitcoin is dangerous . . . but . . . perhaps you want to reduce your exposure, have some fiat and serious altcoins ( ZEC is a good bet imo ) ready to rebuy BTC lower ( targets : 16k, 12k , 8500 here )
december 3 : https://twitter.com/neofutur/status/937531257323425793
already started selling my btcs, slowly, until alltime high , but didnt know exactly where to go, sad to stay in FIAT shit
december 18 : https://twitter.com/neofutur/status/942771831836217344
now i know exactly where I go ( not in FIAT shit for sure.
01:55 tried to support core as much as i could
01:55 even became critic about roger ver
01:56 but finally took the time to investigate details
01:56 and chose
( btc and ripple can go to hell as far as i m concerned )
we re back o DEC 18 levels ( when this idea was publiched ) now
right now is possibly a good time to rebuy BCH and ZEC
you can probably start to rebuy SOME ( not ALL ) between 11200 and 13200
( also, rebuy some BCH and NMC is you can )
on a sidenote, nmc, bch and zec seem to have a good dynamic to surviv the btc crash
Definitely time to start accumulating bch, zec and nmc at the best price, as they are better alternatives to dying btc.
Dont fall for ripple scam ( premined IOU created out of thin air, debt inflation the good old banksters ponzi way ).
a save haven during the great flippening ?
first altcoin ever, approved by satoshi himself. secure, useful, moral.
have merged mining and market makers . . .
NMC safe haven on the great flippening.
think of it . . . . could be true . . .
I m just not very good at doing TA you know, I m more on the fundamentals analysis side.
Concerning TA i m just good at selecting good TA, and ignoring bullshit TA, wishfull thinking . . .
I dont have a great idea everyday . . . a new idea will come only if/when that one ended, and I think we go for a real , new, uptrend, based on fundamentals getting "great again" :p .
Behind obvious consequences ( and not only for bitcoin core ) , I think of the ecological side of the problem. how much electricity do we need to spend for this great crypto technology ?
how could we scale bitcoin to mainstream use without needing always more electricity ?
could there be a relation with the block size increase ? could it be an ecological point for bch and the block siye increase ?
what will be the ecological consequences ( volume of electricity consumed ) of lightning network and segwit ?
I m no specialist, and have no definitive answers to these questions, but I consider myself an ethical trader, and I m concerned about this.