neofutur

Sell the news ? banksters overbought BTC before CME, what now ?

WEX:BTCUSD   Bitcoin / U.S. Dollar
comments under the first chart :
BTCUSD            


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 )
Comment: Now betting on ZEC , BCH and NMC
Trade closed: target reached
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Comment: great time to rebuy ZEC for whoever doesnt want to be only in bch
Comment: ZEC probably about to go parabolic . . .
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Comment: gdax status page about opening bchbtc : https://status.gdax.com/

gdax bchbtc ( bullish ) orderbook : https://www.gdax.com/trade/BCH-BTC
Comment: https://www.openbazaar.org/blog/openbazaar-development-updates-december-20-2017/ BCH and ZEC coming to openbazaar real soon ( already in testing )
Comment: whoever reasd the updates until here deserves a little bit of the timeline behind this idea :

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.
Comment: 01:55 it took me months before doing that choice
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
01:56 http://dpaste.com/1MR4Z46
01:56 https://twitter.com/c0derr0r/status/942740179160150017
Comment: cryptoapocalyps night : guys, just dont panic sell, dont commit suicide, get some patience, and everything will be ok
Comment: ok we touched the bottom most probably, at least for bch and zec,
( 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
Comment: bchbct is already outperforming btc on this rebound https://uk.tradingview.com/chart/lFLigf1z/
Comment: yup, seriously, watch bchbtc before its too late :) https://uk.tradingview.com/chart/lFLigf1z/
Comment: watch bchbtc outrperform everything since the rebound . before its too late https://uk.tradingview.com/chart/lFLigf1z/ we could see bchbtc to 0.255 within hours
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Comment: bch could consolidate a little bit now, sold some to rebuy lower soon
Comment: message to all LTC bagholders : dump it all like te creator did, and jump on BCH/ZEC . new paradygm : portfolio reorg needed
Comment: about BTC, just in case some of you still hold some . . .
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Comment: if you need a safe haven, to sleep well, check how well NMCBTC and NMCUSD behaved during the big dump . . .

https://wex.nz/exchange/nmc_btc

https://wex.nz/exchange/nmc_usd
Comment: bch flying again, probably announcing the next btc dump ! https://uk.tradingview.com/chart/lFLigf1z/
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Comment: very important stuff : https://www.youtube.com/watch?v=l6Obc_cJba4
I ve always been a fan of rick falkvinge !
I m seriously happy he chose bch and came out of the wood again
Comment: nmc going up fast, next btc dump announced
Comment: ready fot hhe next level ?
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Comment: no guarantee, but I n still short, btc will fail again , wont rebuy above 12k
Comment: watch 16243 :
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Comment: low volume "breakout" , bulltrap, H&S -> dead cat bounce ?
Comment: Warning : we could be in a false "BULL" market just because of the fork on dec 28 . . .
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Comment: for the first time I will give a rebuy target.
you can probably start to rebuy SOME ( not ALL ) between 11200 and 13200
( also, rebuy some BCH and NMC is you can )
Comment: worst scenario, still very possible :
Comment: "meaning that we can see the 5000-9000 USD area as a new buying opportunity to pick up new coins. It's a wide range, but you don't want to miss out on 8k coins because you wait for 5k coins. "
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Comment: a few details about segwit2x : https://www.ccn.com/bitcoin-hard-forks-not-segwit2x-looking/ dont fall for it
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Comment: more about this silly segwit2x fork : https://www.ccn.com/segwit2x-a-scam-community-members-cry-foul/
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Comment: more on segwit2x : https://blog.drhack.net/segwit2x-28-december-scam/ dont fall for it !
Comment: great time to rebuy BCH, just rebought
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on a sidenote, nmc, bch and zec seem to have a good dynamic to surviv the btc crash
Comment: the truth is probably aounr the corner :
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Comment: Major support around 12k, can probably hold for now, probably time to start rebuying some, even if its still possible to go down more.
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 ).
Comment: yup, 11-12k should hold , and a rebound to 14-16k is very possible. choose your alternatives for the great flippening ( but definitely NOT XRP )
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Comment: one more warning about ripple : https://twitter.com/twobitidiot/status/947135678726508544
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Comment: ( interesting updates and comments )
Comment: november 20 : respect to that guy . . .
Comment: followup on the bh part of this idea . . .
Comment: pretty cups too . . . and beyond TA , fundamentals request that justified BCH rally.
Comment: more on the bch track :
Comment: and one more for bch, just in case . . .
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Comment: this is the first example of a lightning notwork node on the testnet: https://thumbs.dreamstime.com/t/usine-de-raffinerie-de-gaz-naturel-liqu%C3%A9fi%C3%A9-34366454.jpg
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Comment: NMC long :
a save haven during the great flippening ?

first altcoin ever, approved by satoshi himself. secure, useful, moral.
have merged mining and market makers . . .

https://en.wikipedia.org/wiki/Namecoin
Comment: yGreat time to rebuy some bch under 2400, could be the last opportunity at this price, short term target 2800 , but keep some or 3500+.
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Comment: great entry price on bch right now, under 2450 ! NMC and ZEC still overperforming everything on those BTC dumps. everything ok !
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Comment: panic sell on btc -> panic buy on nmc :)
NMC safe haven on the great flippening.
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Comment: interesting Q&A about CME . . . notice the "undermine" lapsus . . .

https://www.youtube.com/watch?v=RVwNMI0NWT0
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Comment: eth is no more correlated to btc, something to have in your portfolio.
Comment: today will be remembered as the day bitcoin died, as least for me, because today we clearly have some alts that are no more correlated to btc . nmc, bch, eth no more follow btc usdwise
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Comment: bch is no more correlated to btc, something to have in your portfolio.
Comment: I read that on the trollbox : " eventually, btc will be the retarded fork of bch "
think of it . . . . could be true . . .
Comment: Blockexplorer are gonna start calling BTC "BTC Legacy" and BCH will be the real bitcoin :D https://www.newsbtc.com/2018/01/10/blockexplorer-com-label-btc-bitcoin-legacy-go-bitcoin-cash/
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Comment: congrats to whoever followed my namecoin ( NMC ) advices ! enjoy !
Comment: NMC forever !
first altcoin ever, approved by satoshi himself, useful :
https://uk.tradingview.com/symbols/NMCUSD/
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Comment: ok, now that the 13k support is dead, we reached the first target of 11k . 14400 is now a resistance, lets see if it will be retested. 13k will probably become the first resistance. and 8500 is a possible floor.
Comment: a rebound should ahppen soon :
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Comment: perhaps we ll touch 8500, but a rebound is pending.
Comment: 9300 is probably a new support
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Comment: I also think we should test 14400 before going down more, target is still around 8500 here.
Comment: interesting detail fot btc fundamentals : https://github.com/bitcoin-dot-org/bitcoin.org/pull/2010
Comment: imo, any nmc bought under 00037 (nmcbtc ) is a great buy for short/medium term profits
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Comment: https://www.reuters.com/article/us-usa-cftc-subpoena/u-s-regulator-subpoenas-cryptocurrency-platforms-bitfinex-and-tether-source-idUSKBN1FJ2ZK?il=0 whoever is doing arbitrage should now IGNORE the bitinex ticker , choose bitstamp or gdax as ref price
Comment: panic sell BTC , rebuy around 6500.
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Comment: my first target, on december 3, before publishing this idea, was 6700 : https://twitter.com/neofutur/status/937531257323425793 . target reached ! I can hardly believe we could go much lower now, its probably time to rebuy.
Comment: at a technical level, we clearly have to go up now, and sould, at the very least, test 14400 pretty soon.
Enjoy your "Idea" and your additional posts, however its very difficult to follow update on this single idea. Would be cool if you broke your updates in to new Idea's on this original Idea.
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neofutur NickTheRuler
@NickTheRuler, I understand your point, but for me its still the same idea, and i m just sharing a selection of TA from other people, that I select, for this idea and for my followers, because they fit my own fundamental analysis.
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 .
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That is some big news. definitely.
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ETC VS. ETC classic ;)
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What'dyou speculate decreasing the mining farms in China will do to prices btc / bch etc? interested if you have an opinion.
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neofutur bankbits
@bankbits, very good question. I m still thinking of it, analysing it, so, no definitive answer, but a few more questions.

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.
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lovin these updates.
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neofutur bankbits
@bankbits, my pleasure ! selecting the TA that fits my fundamental analysis ;)
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congrats for whoever could understand my namecoin ( nmc ) advice . . . most laughed at it . . . https://wex.nz/exchange/nmc_usd
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