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Youp
@youp
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2017-06-22 22:49
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youp
bitcoin
7y
RE: Wave 2 progressing, part VIII
Ah, that what it's about. Please see below my source: I don't think I'm going to see yours. In addition, I must ask you to civilize your tone or take your frustrations and disappointments somewhere else.
$ 0.000
0
2
youp
bitcoin
7y
RE: Wave 2 progressing, part VIII
Ah, a technical question. Thanks. Well, the reason for labelling the whole wave 2 correction as an WXY instead of an ABC is because the first leg (until the purple, encircled w) looks like a complex correction
$ 0.000
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4
youp
elliott
7y
RE: What if bitcoin is in a triangle?
Possible, but no longer my preferred scenario. We'll see, things can change quickly.
youp
elliott
7y
RE: What if bitcoin is in a triangle?
It looks very much like a triangle now. Also, the Huobi10 and the total crypto market seem to have made a first impulse up already, positioning themselves nicely for a major breakout. Anyway, you must
youp
elliott
7y
RE: What if bitcoin is in a triangle?
You mean a big drop; back to $3000 and below?
youp
bitcoin
7y
RE: Wave 2 progressing, part V
Thank you. In 6 - 12 months I expect prices to be making new all time highs. I basically follow the 'stock to flow' model by PlanB which predicts a bull run until summer 2021. Elliott waves, indicators,
youp
bitcoin
7y
RE: Crypto Market Cycles – Part 2
"As more people adopt it, so demand pressure on price increases and value derived from Metcalfe’s Law (...)" So, your fundamental analysis looks at demand only and ignores supply? Also, the fact
youp
bitcoin
7y
RE: Wave 2 progressing, part IV
Well, thank you. It's my pleasure.
youp
elliott
7y
RE: Wave 2 progressing
For some reason the parabolic moves up tend to start after the halving, not before. We are too early in the cycle (assuming there is such a thing) to move up strongly. That said, an extended wave v of
youp
bitcoin
7y
RE: Testing Renko charts
It's not a moving average. It's an indicator called trend trader strategy. Somebody built it and put it in Tradingview. Not sure what it's made of.
youp
bitcoin
7y
RE: Testing Renko charts
They sure do; and if you can find a way to trade them profitably, it's the easiest way to play the markets ever.
youp
bitcoin
7y
RE: Bitcoin topping out with an ending diagonal
My current count looks like above. So yes, I think we are going to drop towards $7400
youp
bitcoin
7y
RE: Bitcoin topping out with an ending diagonal
No, I think we're topping out. But the trend is very strong.
youp
bitcoin
7y
RE: We are getting close
Maybe something like below
youp
bitcoin
7y
RE: We are getting close
I don't know. I don't understand this move. Will have to wait for the waves to clear up.
youp
cryptocurrency
7y
RE: Lets talk about: Facebook’s “Libra”
I mean buying your groceries at a supermarket where you cannot wait for confirmation. Bitcoin might very well become the currency for the Internet. I agree with that.
youp
cryptocurrency
7y
RE: Lets talk about: Facebook’s “Libra”
I love Martini. Will pour myself one soon. However, I am less negative than you regarding libra. Of course it is not a cryptocurrency, but for many millions it will still be a better coin than the local
youp
bitcoin
7y
RE: The Bitcoin Halving Event – Part 2
Well, from reading your two-piece critique on the influence of halvings on bitcoin prices, I almost get the impression you have been reading some of my little write-ups. Thank you, I'm honoured. You are
youp
bitcoin
7y
RE: BTFD, but be patient
This is tron versus bitcoin. I find it hard to get excited, although TRX/USD looks better. EOS/BTC may be a better choice
youp
bitcoin
7y
RE: BTFD, but be patient
It used to be like that. Now, I'm not so sure about the altcoins anymore. In any case, shorting bitcoin must be out of the question in an uptrend. That's for sure.
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