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» MISC Crypto Crew (MCC) Vol: XIV: Scaling troubles and NFT bubbles
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post 1639941113 06-01-2021, 09:04 PM
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#4681
  1. DavidL913
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Originally Posted By BetaAsPhuck
Extremely green TA...

Someone on /biz/ posted about a Death Cross forming on BTC, I checked and yeah.

Benjamin Cowen said on the 27th that a Death Cross may be forming.

A Death Cross can signal a massive sell off for those unaware.

Biden'sHairyLegs... Are your 'sources' still confident?
lol @ trading crosses in 2021
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post 1639946813 06-01-2021, 10:48 PM
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#4682
  1. Maxamanius
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Originally Posted By BetaAsPhuck
Extremely green TA...

Someone on /biz/ posted about a Death Cross forming on BTC, I checked and yeah.

Benjamin Cowen said on the 27th that a Death Cross may be forming.

A Death Cross can signal a massive sell off for those unaware.

Biden'sHairyLegs... Are your 'sources' still confident?
Death crosses don’t mean chit anymore in this market
post 1639947753 06-01-2021, 11:08 PM
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#4683
  1. ghostfacedup
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I have buys around 25K, a bunch of em.
post 1639950353 06-02-2021, 12:22 AM
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#4684
  1. KMadigan777
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Im just looking for the coins that have the most NWO/WEF/GREAT RESET potential. I know about the xrp,xlm,algo,iota,xdc one. But what about hbar, or harmony one?

Lastly solana seems really damn good, up 10x on that already, should have bought way more.
post 1639952253 06-02-2021, 01:44 AM
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#4685
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post 1639961103 06-02-2021, 07:08 AM
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#4686
  1. JoshSP1985
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why the fuk is DOGE running?
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post 1639963663 06-02-2021, 07:48 AM
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#4687
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Originally Posted By JoshSP1985
why the fuk is DOGE running?
Listed on Coinbase Pro.
post 1639964143 06-02-2021, 07:53 AM
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#4688
  1. 2020Wellness
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CRV on a nice little terror streak over the past couple of days. I picked up 1000 of them during the last dip and sold off this morning for some nice profits.

It's looking like everything that was bought during the last dip is 2x'n at minimum.
trainingwithryan.substack.com
post 1639965843 06-02-2021, 08:18 AM
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#4689
  1. JoshSP1985
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Originally Posted By dankydank
Listed on Coinbase Pro.
Oh damn that would have been a good quick flip play
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post 1639969233 06-02-2021, 09:07 AM
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  1. Barteh
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Everybody suddenly drawing random shapes on price graphs and pretending it means something. Did all the sensible people who were posting here in 2017 all retire or something?
post 1639969503 06-02-2021, 09:11 AM
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#4691
  1. jamalfudge
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Originally Posted By Barteh
Everybody suddenly drawing random shapes on price graphs and pretending it means something. Did all the sensible people who were posting here in 2017 all retire or something?
We had great TA guys here who did great work that autists ran off as soon as people stopped talking about shtcoins.
#
post 1639969983 06-02-2021, 09:17 AM
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#4692
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Originally Posted By Barteh
Everybody suddenly drawing random shapes on price graphs and pretending it means something. Did all the sensible people who were posting here in 2017 all retire or something?
And who are u exactly? You just pop in here once the bitcoin is in the news again and start blabbering chit about stuff you dont understand. See you again in 2025 my man.
post 1639970353 06-02-2021, 09:24 AM
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Originally Posted By jamalfudge
We had great TA guys here who did great work that autists ran off as soon as people stopped talking about shtcoins.
It's more about the fact that a lot of people are somehow convinced drawing lines on a graph is a solid investment strategy and there's way less discussion about actual fundamentals and market sentiment.
Originally Posted By BDSMBBW
And who are u exactly? You just pop in here once the bitcoin is in the news again and start blabbering chit about stuff you dont understand. See you again in 2025 my man.
post 1639970503 06-02-2021, 09:25 AM
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#4694
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cool, theres a crypto bingo thread open in the main misc go post there.
post 1639970713 06-02-2021, 09:30 AM
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#4695
  1. JoshSP1985
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Originally Posted By Barteh
It's more about the fact that a lot of people are somehow convinced drawing lines on a graph is a solid investment strategy and there's way less discussion about actual fundamentals and market sentiment.
To be fair this is a fair point but the TA can also take this into account because there are psychological levels even if the TA becomes self fulfilling prophecy since I guarantee everyone is looking at 42k BTC right now and some hurdle that BTC will moon if we break that so that will trigger buying pressure.
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post 1639970853 06-02-2021, 09:31 AM
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#4696
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Anyone have a recommendation for a crypto-related discord?
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post 1639972223 06-02-2021, 09:50 AM
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#4697
  1. Barteh
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Originally Posted By JoshSP1985
To be fair this is a fair point but the TA can also take this into account because there are psychological levels even if the TA becomes self fulfilling prophecy since I guarantee everyone is looking at 42k BTC right now and some hurdle that BTC will moon if we break that so that will trigger buying pressure.
I guess if you convince enough plebs that 42k is some magical barrier then it might as well lead to more buys above that level. The same way that Elon tweet something dumb and irrelevant but the price changes by 5%. Not because it actually matters but because so many people think it matters that it starts to matter just because of that. It's just that there's no fundamental truth to it and it's just some relic leftover from stockmarket scams during the pre-internet and early internet eras when people couldn't access as much information as they could now.

Yo bruh I'm so good at predicting this chit and drawing lines that you can pay me 100 euros a month and I'll share the good info with you. While logic dictates that if people were actually able to predict prices that accurately (with whatever method) they would just invest their own money and laugh all the way to the bank.
post 1639973953 06-02-2021, 10:14 AM
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#4698
  1. JoshSP1985
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Originally Posted By Barteh
I guess if you convince enough plebs that 42k is some magical barrier then it might as well lead to more buys above that level. The same way that Elon tweet something dumb and irrelevant but the price changes by 5%. Not because it actually matters but because so many people think it matters that it starts to matter just because of that. It's just that there's no fundamental truth to it and it's just some relic leftover from stockmarket scams during the pre-internet and early internet eras when people couldn't access as much information as they could now.

Yo bruh I'm so good at predicting this chit and drawing lines that you can pay me 100 euros a month and I'll share the good info with you. While logic dictates that if people were actually able to predict prices that accurately (with whatever method) they would just invest their own money and laugh all the way to the bank.
Fully agree in other words TA has as much power as the people give it.
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post 1639974693 06-02-2021, 10:26 AM
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#4699
  1. Abzu
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I will offer something many of you may not have considered.

What happens to all crypto when the summer blackouts hit in the U.S. and China?

Sure, there will likely be a "hack". The blackouts and higher electricity costs will like be blamed on that but that won't be the real cause lol. The worst is yet to come my friends.
I: Self, Lord and Master.

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post 1639974823 06-02-2021, 10:27 AM
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#4700
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If you believe TA Wyckoff distribution says BTC breaks $42k this week. Buying RIOT/MARA calls tomorrow would be the move to make. The curve ball is the Friday job reports. Last time it was one of the worst in 50 years and tanked the markets. If BTC breaks $42k those calls will probably be 200+% easy.
post 1639975403 06-02-2021, 10:34 AM
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#4701
  1. jamalfudge
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Originally Posted By Barteh
I guess if you convince enough plebs that 42k is some magical barrier then it might as well lead to more buys above that level. The same way that Elon tweet something dumb and irrelevant but the price changes by 5%. Not because it actually matters but because so many people think it matters that it starts to matter just because of that. It's just that there's no fundamental truth to it and it's just some relic leftover from stockmarket scams during the pre-internet and early internet eras when people couldn't access as much information as they could now.

Yo bruh I'm so good at predicting this chit and drawing lines that you can pay me 100 euros a month and I'll share the good info with you. While logic dictates that if people were actually able to predict prices that accurately (with whatever method) they would just invest their own money and laugh all the way to the bank.
I don't trade or pay anyone to look at TA, but like the insight that it offers. TA isn't a dead set predictor, but more of a target when certain conditions are met, like an if-else statement.
Originally Posted By Abzu
I will offer something many of you may not have considered.

What happens to all crypto when the summer blackouts hit in the U.S. and China?

Sure, there will likely be a "hack". The blackouts and higher electricity costs will like be blamed on that but that won't be the real cause lol. The worst is yet to come my friends.
The average investor might not have thought of power/mining issues, but devs sure have. Mining algos readjust after 2 weeks. If there's a drastic change in the number of miners out there, the remaining pick up the slack.
#
post 1639975413 06-02-2021, 10:34 AM
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#4702
  1. BetaAsPhuck
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Originally Posted By Barteh
It's more about the fact that a lot of people are somehow convinced drawing lines on a graph is a solid investment strategy and there's way less discussion about actual fundamentals and market sentiment.
I know 3 TA people who are on public record predicting that 60K was the top, due to TA, Benjamin Cowen and Rafaela Rigo. They both said it was the top, whilst everyone else was saying that the fundamentals point to a bull market with a higher top.

'Uncomplication' on youtube predicted that there would be a crash to 30K in April, using TA.https://www.youtube.com/watch?v=Lhf_2gJJS1I


Some people are better than others. Just because some people are bad at something, it doesn't mean that everyone is.

There's no need for the false dichotomy. Technical analysis and fundamental analysis can both be used together.
If You Don't Like To Talk About Your Feelings, This Might Help...
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post 1639977083 06-02-2021, 10:58 AM
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#4703
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Originally Posted By BetaAsPhuck
I know 3 TA people who are on public record predicting that 60K was the top, due to TA, Benjamin Cowen and Rafaela Rigo. They both said it was the top, whilst everyone else was saying that the fundamentals point to a bull market with a higher top.

'Uncomplication' on youtube predicted that there would be a crash to 30K in April, using TA.https://www.youtube.com/watch?v=Lhf_2gJJS1I


Some people are better than others. Just because some people are bad at something, it doesn't mean that everyone is.

There's no need for the false dichotomy. Technical analysis and fundamental analysis can both be used together.
Benjamin Cohen is largely the reason I sold my ETH before this correction. DataDash was also pretty consistent in his bearish predictions for BTC when the majority of influencers were bullish.
post 1639978573 06-02-2021, 11:17 AM
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#4704
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Originally Posted By JoshSP1985
To be fair this is a fair point but the TA can also take this into account because there are psychological levels even if the TA becomes self fulfilling prophecy since I guarantee everyone is looking at 42k BTC right now and some hurdle that BTC will moon if we break that so that will trigger buying pressure.
I would quote myself but I need to stop doing that lol; I basically predicted the BTC movement perfectly.

I did the same with oil in the stock thread.

I did it largely by reading charts.



People who say TA doesn't matter say that because they do TA and then they are wrong lol.

Not all of us are like you guys.

Do better.
Originally Posted By jamalfudge
I don't trade or pay anyone to look at TA, but like the insight that it offers. TA isn't a dead set predictor, but more of a target when certain conditions are met, like an if-else statement.



The average investor might not have thought of power/mining issues, but devs sure have. Mining algos readjust after 2 weeks. If there's a drastic change in the number of miners out there, the remaining pick up the slack.
Not gonna lie, I really do not know enough to comment on "devs" and what not lol

I'll do some reading.

Thanks.
I: Self, Lord and Master.

"I rub my hands when my palms itch."

"I call you Son not because you Shine but because you Mine."
post 1639978853 06-02-2021, 11:20 AM
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#4705
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Originally Posted By BetaAsPhuck
I know 3 TA people who are on public record predicting that 60K was the top, due to TA, Benjamin Cowen and Rafaela Rigo. They both said it was the top, whilst everyone else was saying that the fundamentals point to a bull market with a higher top.

'Uncomplication' on youtube predicted that there would be a crash to 30K in April, using TA.https://www.youtube.com/watch?v=Lhf_2gJJS1I


Some people are better than others. Just because some people are bad at something, it doesn't mean that everyone is.

There's no need for the false dichotomy. Technical analysis and fundamental analysis can both be used together.
I simply don't believe in TA and I'm sure for everyone who predicted a certain peak (not that hard after something went up 500% in half a year) I can find a dozen who predicted the same incorrectly.
Originally Posted By Abzu
I would quote myself but I need to stop doing that lol; I basically predicted the BTC movement perfectly.

I did the same with oil in the stock thread.

I did it largely by reading charts.



People who say TA doesn't matter say that because they do TA and then they are wrong lol.

Not all of us are like you guys.

Do better.



Not gonna lie, I really do not know enough to comment on "devs" and what not lol

I'll do some reading.

Thanks.
Bullchit I literally haven't tried a single time to draw random patterns on a graph and pretend that I'm predicting the price with it. I've been LOLing at TA since before bitcoin even existed and I've done pretty well in both stocks and crypto.
post 1639981133 06-02-2021, 11:49 AM
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#4706
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Originally Posted By SUCIO
Check out krowns channel OG miscer that used to post in the early crypto threads


https://discord.com/invite/hzKU7qe
guy is scammer and sells ****ty products.
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post 1639981933 06-02-2021, 11:59 AM
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#4707
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IF TA works so well, why aren't banks, hedge funds and firms hiring TA chartist for trading positions?

muh TA chartist...look at every trading position....not a single one has a requirement for TA. These professionals will laugh at you when you bring up TA.

It's all quant finance based....

You can make predictions all you want, eventually you'll be right if you make enough of them. Just a matter of occurrence.

Chart patterns don't have much edge in these current environment....there has been research done on a sample size of 1000+, no edge was discovered.

Also considering that market makers can paint patterns to deliberately fuk u over.

EDIT: There's a wide range of subjectivity when it comes to TA. One can't really pinpoint exactly to the tee whether something has an edge unless you have a large enough size of data points to objectively confirm it's accurate.
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post 1639981973 06-02-2021, 12:00 PM
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#4708
  1. SUCIO
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Originally Posted By DavidL913
guy is scammer and sells ****ty products.
**** my bad I didn't know he was charging now...will delete
post 1639982603 06-02-2021, 12:08 PM
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#4709
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Originally Posted By SUCIO
**** my bad I didn't know he was charging now...will delete
all good.

Yea he charged ppl over $1,000+ for a ****ty indicator that was lagging and coded horrible. Options program was very basic and all the information can be found for free on the internet.
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post 1639987733 06-02-2021, 01:21 PM
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#4710
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Originally Posted By dankydank
If you believe TA Wyckoff distribution says BTC breaks $42k this week. Buying RIOT/MARA calls tomorrow would be the move to make. The curve ball is the Friday job reports. Last time it was one of the worst in 50 years and tanked the markets. If BTC breaks $42k those calls will probably be 200+% easy.
where are you buying calls with crypto?
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