Search results

Just this year? It's practically mirroring what NDX did some 20 years ago. I wouldn't be surprised if BTC drops to 4000.

No offense, but your analytical skill is zero, zilch, nada. He means that today will likely mark the high for the remainder of the year, eg. "going forward that is" (translation: from now until December 31st). In another word, the market will only go lower from this point on.

As for me, I'm not sure if it's a given. I concur that there will be a pullback going forward, but the FOMC has already alleviated much weight from their shoulders so they have plenty of ammunition to fire. In fact, if the market overreacts, as it always does, I wouldn't leave out the...

:D :D

Just as I wrote above, El Salvador (and some others) that you mention aren't considered developed countries. Also gold and silver have track records. While they can't be used in place of money, you do see it on the fingers of just about everyone on this planet. Can you say the same for Bitcoin...

But El Salvador ain't no developed country. I specifically asked whether it was used in the developed countries (as you can see below).

Sure, there will be another bubble. It's gotta happen in one form or another. Not sure if the next beneficiary will be stocks or Bitcoin, but it will happen. Nevertheless, history is able to repeat only because WE make the same stupid mistakes.

It's all the same. History doesn't change, it only repeats, and people make same mistakes over and over, ad nauseam. Bitcoin vs Nasdaq (Dot.com bubble) And the aftermath...

Considering that there's only approximately 6 hours (or 6 hourly bars) in a trading session, it's not practical to daytrade using 1 hour chart. Using 4 hour chart would be suicidal. You must remember that, by definition, daytrading is closing any open trade(s) before the close.

Just tell me one thing. Is bitcoin currently being used as a medium of exchange (eg. money) between individuals (or even among corporations), especially in the developed world? Or more to the point, when Mr. Satoshi flipped the switch on for Bitcoin, did he think Bitcoin would be used as a...

Oh c'mon, you gotta give her credit for duping the gullibles amongst us, even here at ET.

What I want to know is why these crypto exchanges call themselves "exchanges". They obviously ain't an exchange like NYSE or Nasdaq. These bastards take your money, only to siphon off for their own purpose, ultimately blocking any withdrawals when they're under water. Why do John and Jane Dos of...

Well, better you pay little more on fees than lose from bad trades. If you don't have a profitable strategy, you should stay with the micro for as long as it takes.

As long as I can remember, going all the way back to the early 90s, it's ALWAYS been that way. Greenspan, Bernanke, Yellen, Powell, all same. When things look rosy, they sit on their hands and do absolutely nothing until EVERYONE knows the market is frothy. It's only after the bubble bursts and...

So FTX saved BlockFi but itself drowned in the process. Now Binance will come to rescue FTX. So the ultimate question then is, will we see Binance go kaput down the road? I guess I have hard time wrapping my brain around this issue of Superhero mentality. Why must trashy firms/exchanges be...

You just love that dude, don't you? :D

4050 is the magnet.

Kicking up some dust here, eh? Cough, cough :) What's the news? Pre-thanksgiving rush? I'd be pleasantly surprised if we tag 4050. BTW when do we close today?

If it does break out above its neckline (or the ATH), your next price target is at 550-ish.