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<blockquote data-quote="wjschmaltz" data-source="post: 161372" data-attributes="member: 6150"><p>Can you please share a link or something? What is the justice dept. going to do? Make code illegal? If I was going to commit a crime, it would be WAY more intelligent to use cash than to use blockchain technology which literally puts your transaction on a public ledger for eternity for all the world to see. Just more FUD. Probably a bank trying to push priced down to buy lower once again. Something to consider: I'm sure you admit fake news is a real thing. So just consider once that maybe all this fake news on crypto is media heads and banks (basically the same people) manipulating the market to take profits and buy in lower. </p><p></p><p>If someone can give me a truly legit reason to sell my crypto, I'm all ears. But to this day, I've seen nothing but FUD after FUD trying to push this down so whales, banks, and governments can buy it lower. </p><p></p><p>Here is a graphic with updated numbers for today. So volatile and scary. </p><p></p><p>[ATTACH]50082[/ATTACH]</p><p>PlanB's stock to flow model has basically been spot on throughout the bull run. Yes, even with that retrace back to the 61.8% zone at $27K, we are still technically in a bull market. I would listen up real closely to what people putting out predictions with not only data, but proven data are saying before selling any crypto. Below is PlanB's prediction from back in June. Spot on within a fraction of a percentage over the last few months. So I guess take his predictions for the remainder of the year FWIW. keep in mind these are his worst case scenario numbers. He's now predicting an extended bull run with higher numbers lasting until February-March.</p><p> [ATTACH]50083[/ATTACH]</p><p></p><p>We are under two weeks from putting US even further into a nonreversible black hole of debt, inflation is rampant, the economy is trash, the stock market is showing every sign of a huge dump, and at minimum is looks like we will have another $2.5-3 Trillion printed this year. Its all lining up for a huge crypto bull run IMO. Big money isn't going to just sit back and lose money, they will move it to hedge against all this nonsense. They've already started, which is why we're seeing a BTC bump up while gold is consolidating and even pushing lower.</p><p></p><p><span style="color: silver"><span style="font-size: 9px">- - - Updated - - -</span></span></p><p></p><p>The Wykoff pattern is below. BTC typically follows it pretty closely. </p><p></p><p>[ATTACH]50084[/ATTACH]</p><p>Noticing a pattern yet? </p><p>[ATTACH]50085[/ATTACH]</p><p></p><p>And just for good measure, here it is with the fib drawn on. This will likely come up to the 78.6-88.6% and reject back down hard. Everyone will do the whole end of the world I told you so thing and big money will buy in lower and then we will be making new highs and flying. </p><p>[ATTACH]50086[/ATTACH]</p></blockquote><p></p>
[QUOTE="wjschmaltz, post: 161372, member: 6150"] Can you please share a link or something? What is the justice dept. going to do? Make code illegal? If I was going to commit a crime, it would be WAY more intelligent to use cash than to use blockchain technology which literally puts your transaction on a public ledger for eternity for all the world to see. Just more FUD. Probably a bank trying to push priced down to buy lower once again. Something to consider: I'm sure you admit fake news is a real thing. So just consider once that maybe all this fake news on crypto is media heads and banks (basically the same people) manipulating the market to take profits and buy in lower. If someone can give me a truly legit reason to sell my crypto, I'm all ears. But to this day, I've seen nothing but FUD after FUD trying to push this down so whales, banks, and governments can buy it lower. Here is a graphic with updated numbers for today. So volatile and scary. [ATTACH=CONFIG]50082._xfImport[/ATTACH] PlanB's stock to flow model has basically been spot on throughout the bull run. Yes, even with that retrace back to the 61.8% zone at $27K, we are still technically in a bull market. I would listen up real closely to what people putting out predictions with not only data, but proven data are saying before selling any crypto. Below is PlanB's prediction from back in June. Spot on within a fraction of a percentage over the last few months. So I guess take his predictions for the remainder of the year FWIW. keep in mind these are his worst case scenario numbers. He's now predicting an extended bull run with higher numbers lasting until February-March. [ATTACH=CONFIG]50083._xfImport[/ATTACH] We are under two weeks from putting US even further into a nonreversible black hole of debt, inflation is rampant, the economy is trash, the stock market is showing every sign of a huge dump, and at minimum is looks like we will have another $2.5-3 Trillion printed this year. Its all lining up for a huge crypto bull run IMO. Big money isn't going to just sit back and lose money, they will move it to hedge against all this nonsense. They've already started, which is why we're seeing a BTC bump up while gold is consolidating and even pushing lower. [COLOR=silver][SIZE=1]- - - Updated - - -[/SIZE][/COLOR] The Wykoff pattern is below. BTC typically follows it pretty closely. [ATTACH=CONFIG]50084._xfImport[/ATTACH] Noticing a pattern yet? [ATTACH=CONFIG]50085._xfImport[/ATTACH] And just for good measure, here it is with the fib drawn on. This will likely come up to the 78.6-88.6% and reject back down hard. Everyone will do the whole end of the world I told you so thing and big money will buy in lower and then we will be making new highs and flying. [ATTACH=CONFIG]50086._xfImport[/ATTACH] [/QUOTE]
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