Bitcoin Thread

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Thor said:
Consensus?

Sub or above 10k next week?
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I think well see another ath before we sub 10k again.:thumbsup:
If it does go sub ten, it'll only be for a few minutes;)
infact, a sub ten would fuel us to an ath:popcorn:
 
Thor said:
Consensus?

Sub or above 10k next week?
Click to expand...

No idea. Looks like they will try to push it up but will only get a better idea near daily close. Will have have to see what happens around 10pm to 2am. From the last week or so, if it is being pushed up during that time, then it will dump afterwards and vice versa.

When trading groups can manipulate and make a ****-ton from leverage trading, there's no need to push for new highs or even new lows. They can only manipulate in an area for a limited while though, whilst there is still fomo or fear. So once the volume dies it has to move.


For today's move, if I were to manipulate it from here, I would do something like this:

Cq2oNnsh
 
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In simple term, daily pump should point to a 2am dump.

LMAO if that happens, im throwing all TA out of the window until it doesnt work anymore :p

Remember that a dump can yield more btc gains for traders on leverage than a pump so if this pumps to near 12k before 2am, I guess a massive dump will occur.
 
It's dumping now so pump in 2.5 hours expected. Now with the panic, the manipulators can load up on longs in this area without too much trouble.

sRAJY7tt
 
What are transaction fees like when sending BTC from Luno? I'd like to transfer some, but I don't want to pay too much for it. I still hate that I can't set the transfer fee.
 
abcab said:
How low we going?
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I've seen it pushed just below a big number like $11k or $10k in the past so that whales can fill up longs with other's stops. So my guess is about $10950 and then bounce. Won't place a long there and wait though as it's risky. If it bounces from there I'll long above $11k on the move up.
 
LuqmaanMathee said:
What are transaction fees like when sending BTC from Luno? I'd like to transfer some, but I don't want to pay too much for it. I still hate that I can't set the transfer fee.
Click to expand...

Cost me about R40 two days ago to transfer from Luno to Bitmex. The BTC was on Bitmex in less than 5 minutes though. Quite fast.

The whole process was fast this time. Instant bank transfer and the deposit reflected immediately on Luno too. So took about 10 minutes max from the time of depositing cash with Luno to having the BTC on Bitmex.
 
LuqmaanMathee said:
What are transaction fees like when sending BTC from Luno? I'd like to transfer some, but I don't want to pay too much for it. I still hate that I can't set the transfer fee.
Click to expand...
I transferred R95k to binance 2 hours ago for R11.
 
I got a bad feeling about this 2am.

It feels almost like they are changing things up with a predump-minipump up to 2am-then the direction change dump.

I hope I am wrong but something feels off.
 
Thor said:
I transferred R95k to binance 2 hours ago for R11.
Click to expand...
SaiyanZ said:
Cost me about R40 two days ago to transfer from Luno to Bitmex. The BTC was on Bitmex in less than 5 minutes though. Quite fast.

The whole process was fast this time. Instant bank transfer and the deposit reflected immediately on Luno too. So took about 10 minutes max from the time of depositing cash with Luno to having the BTC on Bitmex.
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Thanks!

I haven't sent in a while, but clearly Lightning is making a difference.
 
LuqmaanMathee said:
Thanks!

I haven't sent in a while, but clearly Lightning is making a difference.
Click to expand...

They are not sending via lightning. The reduction in cost is mostly due to segwit but still when there is high transaction backlog expect $5-$10 in fee even at luno so thats about R75-R150 to withdraw, it will show you the withdrawal fee they will charge before you confirm.
 
John Tempus said:
I got a bad feeling about this 2am.

It feels almost like they are changing things up with a predump-minipump up to 2am-then the direction change dump.

I hope I am wrong but something feels off.
Click to expand...


Still a lot of time left, over an hour. Plus the slow buying has the effect of pushing the price up if there aren't enough sellers. The big reversal might not come exactly at 2am too. In several of those previous ones, it took up to an hour or two to pick up steam.


A close on the daily today below $10982 will also turn the candle red and it will just be a long bearish wick for the day. It's within reach. If I were a manipulator, I'd close it there and then pump it tomorrow.

3cLeW4ZP
 
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Don't think there is any significance to 2am tonight.

Weekly close is 2am Monday, that's all that matters.
 
Thor said:
Don't think there is any significance to 2am tonight.

Weekly close is 2am Monday, that's all that matters.
Click to expand...

It happened yesterday at 2am on saturday, weekly close means nothing apparently.

Of course even tho it happened 9 out of last 10 days doesn't mean it will happen next 9 out of 10 days but rolling with the odds if that is a real trend there is a good chance.
 
10 min to go and looks like the downward is already reversing so the big pump/dump may not happen. Or they may just go with the trend which seems easier.
 
It wicked down at 0:00. Got my long in and will hold through this initial noise to avoid getting stopped out. Risky but worth the risk I think.

G0RCe8q4
 
Not really true if you look at the charts. It does seem to dump more often on Sunday though and a few of the times it was a dump that followed a bigger pump on the same Sunday. So the price closed higher for the day though.

Also nothing much happened after close last night. Still going sideways 10 hours later. I stayed up till 4am to check if something was going to give.

znpsd54k
 
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