Originally posted by Lance
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Originally posted by AtW View Post
They are, but they are kept off the books since wonderful tulicoin blockchain can't handle it cheaply/quickly enough.
There's no such thing as an off-book transaction for BTC. There are transactions.
If the exchange doesn't have it 'on the books' then you are 'buying' a 'share' in their BTC pool. They might have enough BTC to underwrite it. Or they might not.
See You Next TuesdayComment
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Originally posted by Lance View Postthen they are NOT BTC transactions.
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Originally posted by AtW View Post
They are - buying/selling BTC tulip.
I don't think they do.
Their promise to pay me the number of BTC I have is only as good as their balance sheet.
BTC isn't a ponzi scheme, but I reckon quite a few of the exchanges are.See You Next TuesdayComment
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Originally posted by AtW View PostIt's Scam of the Century, that's for sure.See You Next TuesdayComment
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"Bitcoin going to $22k ??
Why so bearish? A few reasons - on the above 4-day chart following the overbought conditions (green columns) there is:
1) Regular Bearish divergence between price action and ALL oscillators. 1 of 3 can be ignored. 3 of 3 is alarm bells. This is a powerful signal a strong reversal is imminent.
2) RSI support breakout. Highlighted in ‘blue’ you can see two things:
a) RSI support was broken.
b) RSI came back up to test support and was rejected.
3) On the 2-week chart below, the last candle printed is considerably bearish . Not quite a gravestone DOJI (candle body too thick), but nonetheless, huge amounts of selling pressure.
Why $22k? Look left. Previous corrections from RSI @ 90+ resulted in price action finding support on the 0.618 golden ratio. Historically Bitcoin has a lot of respect for this Fibonacci ratio. Right now the 0.618 is at $21,700k."
Source: https://www.tradingview.com/chart/BT...-going-to-22k/
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Originally posted by AtW View Post"Bitcoin going to $22k ??
Why so bearish? A few reasons - on the above 4-day chart following the overbought conditions (green columns) there is:
1) Regular Bearish divergence between price action and ALL oscillators. 1 of 3 can be ignored. 3 of 3 is alarm bells. This is a powerful signal a strong reversal is imminent.
2) RSI support breakout. Highlighted in ‘blue’ you can see two things:
a) RSI support was broken.
b) RSI came back up to test support and was rejected.
3) On the 2-week chart below, the last candle printed is considerably bearish . Not quite a gravestone DOJI (candle body too thick), but nonetheless, huge amounts of selling pressure.
Why $22k? Look left. Previous corrections from RSI @ 90+ resulted in price action finding support on the 0.618 golden ratio. Historically Bitcoin has a lot of respect for this Fibonacci ratio. Right now the 0.618 is at $21,700k."
Source: https://www.tradingview.com/chart/BT...-going-to-22k/
BTC was approx $50k when he came up with this a week ago. It's currently just shy of $55k.
Let's see how this $22k prediction pans out.Last edited by DealorNoDeal; 9 March 2021, 06:30.Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.Comment
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It's more about the "audience" he has there, stroking his narcissism, see the top comment.
He also implies alt-coins aren't coupled to BTC, nothing is more true. It's kinda weird he's stuck to his guns after being so wrong, perhaps it's all parody at this point.Comment
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