/biz/ - Business & Finance

>>12075854
This is one of the most educational videos ever.

Looks like we're still going down untill mid 2019...
1k here we come!

>>12075854
> pick a random segment of pattern
> extrapolate ad infinitum
seems legit

The Final Pill

>>12076222
>random
>literally nailing ups and downs
pick one

>>12076254
If that is an original picture, holy shit lmao the guy must feel like a legend

>>12076254
Now that's different
I was talking about OP's pic technical analysis (yellow line)

>>12075854
Aren't we below that line now though? Sure looks like it

>>12076222
Pretty much all TA.

>thousands of douchebags drawing random lines
>a few of them get it right by chance
>s-see, TA works!

>>12076327
>what are log scales
not gonna make it fren

>>12076361
He’s right though, jan 2019 is looking like $5k using the log scale

>>12076222
>>12076302
>>12076327
>>12076410
don't get so held up on the yellow line, it's just a guideline for where the price could move, the red line is more important.
none of the previous price movements have been nearly that smooth, expect fluctuations
>>12076254
this is good shit

>>12076410
Lmao ok fren, you do you
Even if it were below (protip: its not), its all just noise in the long term

>>12076517
If we use the bottom turquoise line as the absolute bottom, it would be around $3k right now

>>12076524
I’m referring to the yellow line. Agreed it doesn’t matter much how far or close the actual price is in reference to these charts

Summary: buy as much btc as possible and live like a king in 3-4 years

warning

>>12075854
When the price of bitcoin falls below the cost of mining, you're in for a wild ride.

>>12075854
>1 year market is a steady downtrend
You don't say...

>>12076569
are you me?

>>12076673
>>12076569
these charts tell two different stories so I would say your 2 different people

is drawing a chart really easier than saying "i think BTC's going to go up but it could also go down"?

can't you just copy and paste that sentence instead of making a new chart every day?

think of all the extra free time you'd have...

>>12076731
No...price changes every day and new trends appear and disappear. Only retard TA'ers use the same chart for months. You should always update your chart based on current price actions

>>12076686

>>12076269
It is original:
https://twitter.com/tuurdemeester/status/545993119599460353?lang=en

the guy that made the original predictions got a lot of shit saying he was insane to predict 10k, yet we hit 20k

imagine the next ATH

>>12076823
Actually giggled there. Upon closer inspection I must agree I see your point. Your chart is more detailed, pretty epic stuff

>>12076842
Updated version.
So it looks like the bottom will be mid 2019?
Thoughts?

>>12075854
most certainly
>>12075862
this guy knows what's up

It's because of racists, fucking dickhead, don't know what the fuck u talking About, stupid mofos like you I didn't put more in in 2015, but u did get me this sweet watch, after dumping 300 bitcoins a few days back. And stop calling me a nigger I'm a nigga only.

I bought some btc 2 hours ago. Did I fuck up? I am in it for the long run though.

when it falls hard and actually dumps, ill throw like near 300 dollars into it, but for now let the whales leave.

>>12075854
brainlet here but shouldnt it look more like this?
we havent reached the second top imho

>>12076983
In three years you should have sold on the top -> easy 400k

Wayyy too late for that shit....

>>12077013
>he thinks it's going to keep dumping
Imagine being this bad at pattern recognition

>>12076240
I remember when I had 3 BTC at the beginning of 2012.

I spent it on RCs on Silk Road.

Ahhh, good times.

>>12076344
never understood this theme. everytime I do TA using a bunch of different unrelated methods I always get the same trade ideas. and then I go online and notice a bunch of other good traders came up with the same ideas independently.

>>12077571
50% of the time it works every time

>>12077074
>pattern recognition
2 red lines budy