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I guess I'm looking at the possible end result, but getting there will be tricky. Humans are the weakest link, so that is why we take them out of the equation as much as we can. The issuance schedule of bitcoin is fixed, as is the max supply. With these two factors set in stone, humans have...

And now what??? We only got as low as 53.50, but then it went back up, and the trend for the past hour has definitely been up. Also, since we got as high as 68 now, that is quite a bit above the 5560 level you were watching.

I will also add this. Why is this modern world the way it is? Why did men build so much amazing stuff to make life easy? Its all in the pursuit of sex. If it wasn't testosterone that drives us to have access to women, none of the world we see would exist. It all comes down to access to...

It can't happen overnight because multiple things need to happen first. Its like building a house. You can't price it out until you know the cost of the land, all the stupid fees, material costs, labour costs, etc. Under bitcoin, everything has to be repriced. Look at what a private company...

So now that we just poked it... what are you seeing?

Ah, I see the confusion. Yes, bitcoin will replace fiat, but not that the bitcoin would be fiat. We just have to go to Latin American countries to see what happens. With a 50% monthly inflation, you don't want to hold your Peso. It might be the official currency, but they want dollars. (a...

Yes I have. The fluctuations will settle down when bitcoin reaches an astronomical value and the world runs on bitcoin. We are of course a long way off. Lending will still happen because the price of bitcoin stops going up like crazy. At that point, you figure that lending your bitcoin will...

So let me see if I have this right. Your internal bias after 10am was already set up as a short, so you're looking for areas for a short to set up. The downslopping trendline is a good area, but how is that regression line helping? Its up slopping. Or is it that you expect price to drop...

I absolutely will add more insights. First, you call it exchanging one fiat for another which means you are very much behind the curve on what fiat is and how bitcoin is different. But no worries... most don't understand. I got this from a simple search.... Why is it called fiat currency...

To be honest though, I don't understand your entry based on your explanation. In your circle, price is now way above the regression line, so its almost negating that line at that point, no? The downslopping blue trendline is really juicy, but at this point, your blue EMA is almost above the...

Amazing write up... but if I was to be a stickler, which I am, by the time we get to the circled area, the EMAs are practically overlapping. I like the down slopping trendline you have, but I have no idea what a regression line is, and how its different from a trendline. I have seen what you...

Do we start counting on the way down??? (bounce at 19804 looks like a good place for support though)

Can you provide an example of this? If we go back to my chart that you marked up, we can look at the area where it first rejected that suggested resistance zone. On this 10 second chart, which I think roughly approximates a 240 tick chart, I drew in a short area that appears its after a tiny...

If I could ask one more question. So the example we looked at last time was in hindsight too easy. Price did exactly what you were expecting and price followed perfectly your methodology. But lets look at the July 17th now. I outline first the high tick as you would call it at 5667, which...

I personally am shocked, and don't really trust Trump too much anyway, but if he has the right people talking to him, and enough people suck up to him, anything is possible. But lets really look at this logically. I've outlined this in another thread, but lets do it again here. What is the...

Excellent written analysis, but I don't understand your filters. I see these are just moving averages, but they are incredibly close together so I'm not sure how you are using them. Also, based on your written analysis, where would your trades be?

The tricky part is that once the trend is clear, its usually the worst time to enter because then it stops, except during those times where the trend is relentless, and that is typically the exception and not the norm. Take Friday for example. The first hour, green circle, is just sideways...

A few guys in this thread, as you've probably seen if you're all caught up, are doing quite well by simply waiting for pullbacks and going long. It has been working incredibly well for practically over a year given this relentless rally. @Laissez Faire is doing great by leaning on his...

Good to hear that things are working out for you, but damn, you were one of the best here. I even remember you placed very high in some competitions. So if you found it to be too much, even with your amazing results, the rest of us don't have a chance! LOL.... Thanks for the updates.

Hey... If I remember correctly, you were killing it with the scalping. So mind if I ask why are you now looking at these long term trends? I assume that someone who can day trade will vastly out perform a swing trader. I realize that someone with a $10 million dollar account would be happy...