Ponzi
I was kidding when I said the price would become horizontal.I thought BTC moves could not get anymore boring last time.
My bad, it can XD I always knew it could. On its way to a bounce with an angle of 0° next.
When there is not a single buyer left, we will very very slowly go down? Or mega dump?
Any crypto trader that still has not moved to something else (EURUSD, gold ...) what are you doing?
When on trading view I see all the top trading ideas being about crypto, while in this market there is zero money being moved I wonder???
Every one been trading with 2500$ for the past 12 months?
Boring useless scam market. Nothing to see here. The fools that believed in this ponzi got milked there is barely a few drops left.
Get out, go trade something else.
Even out of curiosity it is a waste of time to look at this crap. Set an alert to see when it moves, and quit wasting time watching this pointless joke.
Greed is proportional to people's stupidity and for one to fall for a magic coin ponzi and not realize you got played after several months, one has to be incredibly stupid.
The pirates on the sinking ship are NOT going to let go of their bag of gold. Someone is going to come rescue them they just feel it in their heart.
Wall street will magically appear out of nowhere with giant cruise ships and helicopters, they will have warm clothes and jaccusi's on their ships and all you can eat buffet's and all the pirates are invited - with their gold - of course, free of charge on the ships for the ride of their lives! (omegalul can you be more delusional)
There is also going to be bears juggling, lions jumping in circles of fire, and young naked women here to feed grapes into the mouths of all the baghodlers.
Maybe I'll post an idea every 2-3 weeks about crypto (usually when I say this it is when it starts movign alot hehehe nice one).
Boy am I glad I moved to forex back in April :D
PS: Ever talked to Jehovah Witnesses? Ever been with a group of them? "Oh yes the great tribulations are coming any time now" "We reached the point where we can go no further, I won't be surprised if the rapture comes this year".
They have been saying this for 150 years. For real no joke. The group stopped making official calls for the end at some point, but they still expect it "tomorrow". 150 years.
So... you know what that means :D
Witnesses were right about 1 thing though... people stopped believing in god and now worship money o.0
They...literally... started doing this... The Bitcoin cult... insane. Does not mean the end is near, like god gives a fuck what some retarded monkeys do XD
Daily ponzi hate: Brace yourselves :)Brace yourselves, the authorities are starting to take actions.
It always takes them time to act, but once they do it is an amazing slaughter.
Lmao at the guys from Riot Blockchain that thought they could pump and dump shares like Bitcon gets pumped and dumped. CNBC actually did something good for once and pointed out they were crooks. How funny is it that the criminal CEO from that company acted offended back then :'D
Sorry bro, blatant pumps and dumps in the stock market get detected and the ones responsible get punished, not like crypto (yet).
There has not been much for the first half of 2018 and all the scammers thought they were safe :)
But it has begun, BRACE YOURSELVES. They are ALL GOING DOWN AND THEY ARE GOING DOWN HARD!
PERFECT. The complacency of all the criminals "I risk nothing" is over, just like the complacency of the crypto bagH0DLERS is over "the next bull market is imminent", and we are now entering anxiety - heavy anxiety. I doubt they even sleep.
Everyone involved in this whole ponzi scheme is about to get crushed so hard :)
Here are a couple examples:
www.cnbc.com
www.zdnet.com
www.moneycontrol.com
www.cnbc.com
www.ccn.com
The SEC is hiring people to regulate the criminal infested crypto market. Please let me know how this means an ETF is imminent and how good this is for Bitcoin price :)
www.ccn.com
I just hope I do not miss the Tether bang :)
Daily crypto hate. If I could bet on BTC going down I would.Why is there no way to bet on this disgusting ponzi going down?
I want the easiest bet in my life.
All we have are shorts on scam exchanges and hope they do not rob our money or file for bankruptcy (and run away with our money).
They just manipulate prices to liquidate shorts if anyone short this scam anyway. And we won't be able to close when it is down.
There is no telling where PonziCoin top will be, anywhere from 7000 to 12000 could be the top.
Should I short it now and add to my short up to 12.000 or even more?
This would be too easy anyway...
When it is this easy to predict, I suppose it is to be expected that there will not be a way to make money off predictions.
I did make a little bit when it went up last days thought. At least I have this going for me...
Here are a few examples of "this was the bottom" (aka complacency):
Gold:
Nasdaq:
America:
Bitcoin:
Bitcoin has kept getting lower highs... So maybe to compensate, a big rally?
OR it is a sign of weakness, and it will fall so much harder than the rest.
Just wait for the short squeeze (maybe) and short at every resistance.
There will very probably be a good opportunity to short this bubble, so no need to rush.
Get ready for sunday's organic pump. Again. Yawn.It has been a while since the last organic move.
Idiotic suckers had time to forget last scam.
These used to happen every sunday again and again and again and again and again and again and again and again and again and again and again, but as sucker's bank accounts and morale gets depleted, ponzi criminal cheats have been taking longer and longer breaks between organic moves.
I think it has been long enough.
So I guess stay long for now, and go short after the pump... I doubt we go down from here.
I do not really know how high suckers will push it after the pamp, I am guessing it won't go as high as previously.
Just leave it a few hours. Go look at chats and forums to see what well morons are saying. Ignore bears and anyone trying to knock some sense into them, we just want to get an idea of where the top will be with chats. Don't think we even need to look at charts here... Pathetic.
Let's look at some of the previous organic moves since december.
This is my finest selection of grand cru's, a pleasure to watch and remember all the fools that fell for it. The 11 march is a personal favorite, what a day!:
Sunday 10 december:
Sunday 17 December:
Sunday 24 December:
Sunday 07 January:
Sunday 21 January well that one is not so special but I took the pic so I am posting it:
Sunday 28 January:
A couple more sundays that just happen to be top and bottoms:
The famous 11 March, this Sunday many authors quit trading view permanently (and came back 3 weeks later). The chat was full of bulls celebrating. It was party time on reddit twitter /biz. They became very silent very shortly after.
11 March: "Comment: Bitcoin up 10%! Sorry short sellers ;)"
12 March: "See you later, Tradingview :)!"
I was telling every one in chat to not fall for the bull trap and to short it.
All I got was insults flame reports and people ridiculing me. Oh how many :joy: smileys have I seen.
Rofl idc I made $5000 shorting this scam pump, and I had just been trading crypto for a few months only started with 3 grans.
Sunday 18 march natural bull move:
April the 1rst natural April's fool natural 400$ in 1 hour candle:
After this fools got hit so bad they started being prudent, so price manipulation stopped for a whole month!
Then, May, after a 1 month break, organic moves are back!
Again... a break as after 10000000000000000 scams only people start learning and get more careful.
10 June... c'mon...
Oh geez I wonder where the sunday is on this chart. Without the date I could NEVER find it!
At the risk of repeating myself...Is it not amazing how perfectly Bitcoin has followed the bubble drawing? (Wall street cheat sheet)
I could tell you exactly what will happen, and what people are going to say, to the very word.
On this chart I posted a few examples.
The guy from the netherlands that sold everything he had and went to live in the woods is my favorite.
This is exactly how it is going to look like:
twitter.com
It is just so obvious... Anyone that looks at this chart will see it.
Boy oh boy was the complacency phase slow and boring, but well, we knew that from the past examples.
From March to August... 6 months... crazy. And FX as well as commodities that haven't done anything the past 2 months.
Any trader that got into trading joined in the most boring environment possible.
Personally I was trading Buttcoin back in March April (started in 2017), but it was so boring I switched to FX, and then FX started being boring too HAHA. Is my whole career going to be defined by that traumatizing moment where everything was sideways/bottoming/in complacency/etc?
Bitcoin could go up now, I was expecting it, but it could disapoint me once again on the bull side, just as it has in the past, and not even go up to 8500.
It will take 1 year to go down, with alot of noise.
I do not know if I will profit from it.
I guess I am joining the club of Warren Buffet and Bill Gates and will say "if I could short it simply, for example buy an option on it, I would".
I know 100% where it is going, but there are no easy way to short it, so sadly, not much do do here.
UNLESS it goes to 8500 or 10.000.
Unless the old people I mentionned thought, I won't avoid it totally.
Once it starts clearly trending down, it should be possible to join the fun.
Right now if you short it at 7000$, you are gambling as it could go up anywhere from 8500 to 12000.
Just going to have to wait for confirmation...
Special ending words: TECHNICALLY, complacency ended when the monthly inside candle broke bearish.
People always get scammed when that happens, and "investors" are really slow and never admit they are wrong, so it was obvious it would take time, I bet on it going up for longer, but I gave up on that idea... Maybe it will who knows, don't want to risk it again. I do not know where to short Bitcoin if it does not go back up...
The only good entry short will be when we get something like this:
And making the rectangles transparent, this is what happened.
Pretty nice right?
I should have trusted my own math and went all in short on 8500.
Wait I think I did but closed quickly. Oh whatever. Sure you can short at any price let's say 7000$ till it gets to 1000$ or less and make big profit but your capital is frozen for a whole year... Don't we want to at least try and outperform 80% in a year? Rollover would be pretty big too... Idk how big but pretty big right?
The Chinese Breakdown appears to be acceleratingThe breakdown in my China/Asia custom index appears to be accelerating downward. I called this move over 4 months ago as I saw economic issues playing out in China that could be dangerous. With Malaysia's new PM, Mahathir, pushing to expose corruption and graft from locals and Chinese investment firms, I expect continue news to POUND China over the next 12+ months. I expect Mahathir to be ruthless in terms of who and what is exposed as well as the criminal process involved. Honestly, I believe Malaysia could actually HANG people because of this as an act of Treason against the Malaysian people.
Don't try to bottom pick this move. This could be the unraveling of the Chinese Ponzi scheme and you don't want to be anywhere near this when it fully implodes.
Weekly overview: Oil Metals Indices PonziLet's start with the ponzi.
Clearly, we have bullish divergence. I saw it instantly Friday, even thought I was struggling to get out of bed.
Did not really take advantage of it was not at full capacity.
Because of this bullishness I prefer to avoid shorting it for now.
I set an order for 10.000 contract short on 0.618 fib (several factors pointing there) around 7700, not going to touch the ponzi.
Just let it fill me please k thx bye. Not much to say otherwise, pretty straightforward. If it dumps thought... then I re-assess and maybe close some of my short I got for a while now and go long, we'll see.
Goldie!
Hahaha people thought it was going to go up!
I knew all along XD and kept saying it. Dooown we go. Let it retrace up a bit so I can short it.
Crude Oil
Where did that pump come from? Not doing anything till it does not move a few dollars.
Silver
Still getting tighter and tighter and tighter. I do not even need to look at the pmonthly I just know we're in an inside month.
It could explode any time now. Better keep an eye on it. Could take 2 weeks. Could take 2 months. Could not happen this year.
But it will happen!
Copper
My gut feeling tells me it's going doooowwn. Shorting it if it goes up to 3.13.
Indices!
Been a while since I checked these.
Nasdaq
The bullishness is over lads. Down we go! Missed shorting it last week... FML I'm the unluckiest in the world.
French index
Just kidding that one is garbage don't want to always lose.
Footsie
Got alerts on the yellow boxes just going to see what happens when it goes there.
German indice
Bearish, but I think I better wait next week before doing anything.
Does not look like there are that many opportunities. Don't want to check more currency pairs.
Time to look at stocks?
Let's see how this week goes.
Inside month bear break! Short it to the ground!Charles Ponzi here.
You might have read in the Fitchburg Sentinel of July 31, 1920 I would not reveal my business secrets.
Well today, nearly 97 years and 11 months later, I finally decided to let you know my secret.
It is going with the trend and looking at signals that work out very often, and looking at high time frames, the higher the TF the better the signal.
And inside monthly candles work all the time, I did not bother checking, but they work at least 90% of the time for sure.
Here are a few examples:
Let's look at the most traded stock these past weeks (I think volume is about 10 billion / day lol):
You can check stock volumes here: www.nasdaq.com
Their site is under maintenance now...
Well I know Micron tech is in the top let's look at it.
I think, I did not verify this but I am using common sense, the longer something consolidates, the more powerful the move will be.
All the traders that quit crypto, as we got to a point of EXTREME boredom that past week (even Dan TheChartGuys gave up on crypto & he spent all of 2017 relentlessly trading it :p).
That point of extreme boredom it just cannot get more boring so what does it do? It explodes.
I think, personal opinion, we get to ~ 3500 in 1 month.
Oh I am long now, testing new signals, I think we might go up a bit, before jumping throught the window.
But best go with the trend, EVERYTHING is pointing down. I am long but I know what I am doing (well no I do not know what I am doing technically, just experimenting), I know I am risking very very little here. Like 50-100$, more like paper trading if you ask me.
You do not need to trade every single move, maybe it is better to just go with the trend & on possible trend reversal avoid a stock / future / BTC until the picture gets clearer. Less stress more wins...
With that short thought, could be wrong, but I think the odds are very very high that we go down. But a fake scam bump up is not impossible before going down, even all the way to ~7200 next week is possible.
So watch out!
If we go there I do not know what to do. Short 5, 6 or 7 figures? lololo :p
Finally the volatility is coming back, maybe? Hurray!
Back in the game!
* Pulling random numbers out of my nose I would say this long term (4 months) tightening break has a 90% chance of success going down.
Weekly overview: Oil Gold BTC ETH LTC. Bears are live!Here I focus on swing trading and the trend over the longer term (a few weeks/months).
Winter is over and bears have awoken, and they are hungry for blood.
*** Oil ***
Trend: Bullish.
Recommendation: Long.
*** Gold ***
Trend: Bearish short term, possibly turning bearish longer term.
Recommendation: Long it on 1250-1265 depending on several factors. Reassess if it goes up & short.
*** BTCUSD ***
Trend: Bearish.
Recommendation: Short it to the ground! No pity for those that wanted to profit from a ponzi.
*** ETHUSD ***
Trend: Bearish.
Recommendation: I doubt it goes to 700 but if it does short it. Might be at its highest right now.
*** LTCUSD ***
Trend: Bearish.
Recommendation: the joke is over. Short at the top of the descending trendline, where all the moving averages are.
German coffers dry and flakey, pass the head & shoulders babyThe dax needs something wet, not dry powder,
this flakey stock market, is lookin shakey
you can kick and be yellin, it was greenspan who started
printed too much cash gettin of the lower bound,
aint as easy as ya think, no wages growth
or PMI steep slope,
and you'll sink in a blink, just relax and joke
you risk whiplash, lock up ya cash
just dont put it in crypto, especially not DASH
bring wolfgang and merkel and close up the boarders,
populist forces are gonna bring deglobal forces
de-railing the trump bull, like humpty dumpty off a stool
fuck this passive trade is crowded, not cool.
when ya go -15, you remember the cream
the good ol days, are never as good as they seem
so manage ya risk and lock in ya stops.
remember its the drop bears that collapse
Bitcoin. Ponzi's over. Trust me. RIP Hodlers.Time to predict the future...
I've been holding this one and trying to just post trades so I can keep being right, but whatever I don't care anymore.
This is pretty likely anyway.
Look at this:
2009-2010: Inflation, first people make money
2011: first bubble
2013: 2011 adopters telling everyone how they made money, new bubble.
2014: People that got in the ponzi before 2014 tell every one they know how they made money.
2017: New people join the ponzi. The public this time.
Bitcoin might have value, but it has been going up just like a ponzi. And now the public joined. The only new money that could join is financial institutions, the pro's.
HEY 10-20K HODLERS YOU REALLY THINK THE PROS ARE GOING TO JOIN THE PONZI LAST? REALLY?
Not delusional at all..
If we don't get a massive crash now we'll get next bubble.
Why is it guarenteed?
Because if we don't and simply maintain the uptrend, in 11 years 1 Bitcoin is priced 1 billion usd.
That's beyond desilusion. Trust me, it won't happen.
So now either a miracle happens and the public comes back in and we go up up up and THEN the huge crash, or we simply go down very low. 3 digits maybe even.
Doesn't mean we can't have pumps on the way down. Great chance to open shorts.
BTC crashing is nothing special no surprise, so I'll probably won't even post updates.
I explain the reason why in this video:
www.youtube.com
I created a twatter account :) Maybe I'll post stuff there.
If I get followers on twitter I'll show how to spot the bottom (it's easy ... very easy... if you didn't know already...).
I'll point out when the bottom has been reached and we're in accumulation phase.
twitter.com
+++ I am not a financial advisor (good luck finding one in crypto). I only post for trollertainment. Trade at your own risk +++
Bitcoin: a huge scam created the biggest bubble in HistoryThis message is for the cryptomaniacs that are still brainwashed regarding the situation of Bitcoin and that are calling me a noob since a few months : Bitcoin is the future of money, a virtual gold, only smart people understand its true value, it is a gift from Gods, i am too stupid to understand it,... The problem IS that i UNDERSTAND it.
The rich persons that own almost half of the Bitcoin, brainwashed you through any kind of network to buy Bitcoin . This huge artificially created demand made you believe you will become a millionaire buying Bitcoin.
They have got half of the avalaible coins, you rushed the trading exchanges to buy Bitcoins in mass because of their brainwashing on you, your Fomo and your greed.
Bitcoin became more and more rare as coins are almost not used as a currency and are instead stocked in virtual safes, the extra huge demand compared to the small supply made the prices explode. And the value crashed to the downside when the whales sold in mass. They stole your money, and you keep on dreaming about Btc.
Bitcoin itself is not a scam, blockchain is awesome, the way bitcoin itself is mined and transferred is awesome.
The existing scam that i want you to realize, is the manipulation these whales did to you to make you think you absolutely need Bitcoin. Their idea was indeed extremely good. This whole move of Bitcoin Holy Grail label is a monstruous fraud.
They managed transforming a crypto currency into an sort of Ponzi scheme asset like. Don't you see it? Governments, banks and investment funds are warning you since months that Bitcoin is a fraud. You think it is for no reason?
And i am not even talking about the monstruous price manipulations, Tether, pump and dump schemes, Bots artificially pumping the prices, ...
If you think Bitcoin is the future as a currency, you are wrong. Almost every country in the world is about to regulate these coins. When they say regulate, it does not mean they intend to regulate them in a positive way, wake up!
They intend to shut down bitcoin beeing used as a currency, it is extremely dangerous for governments as it creates risks of fraud, money laundering, they need and want to control their money, and believe me, they will terminate the use of Bitcoin! They can, and they will do it. They will regulate it as beeing a stock, not a currency! they are saying every day that Bitcoin is not a currency, but you are blind because of your brainwashing and DO NOT even see governments warning messages.
This means you will only be allowed to trade on recognized exchanges! If you have financial knowledge, you know what it means: no more Tether, no more price manipulations, no use as a currency but as a stock only.
Countries decided right in front of your eyes about Bitcoin Faith during the G20 meeting: they want and they will regulate this cryptocurrencies market. They want to regulate its speculation! you know what it means? Open your eyes, it means they want to stop this Bitcoin Label scam that brainwashed so many persons to speculate on Bitcoin, they will terminate the fraudulent market and they will certainly terminate its use as a currency.
Bitcoin is extremely highly priced because prices are manipulated since a few years, you have to realize this too. Human trading did not raise the value of Bitcoin from 1 dollar to 20.000 dollars!
When this market will be regulated, this will be game over for the Bitcoin you know since all those years. You would still be able to trade a non volatile Polly Pocket Bitcoin.
Finally, i want you to face the gigantic bubble of 2018. Its pattern structure is a Nasdaq Composite pattern type, this ressembles in nothing to the previous crashes (already made by whales) of Bitcoin, i am sure you can see it.
This 2018 crash is the biggest bubble humans have ever created in term of value, and if you do not realize this, ask yourself why you are too blind to see this market speed-light collapsing right in front of you, and try to save your money...