My credibility is moving upwards. Plenty of people think I’m crazy but they thought I was crazy when I cashed out in January also so that’s ok. I don’t know how it is that so many people are still posting daily about how prices are going to drop. My guess is they must figure they will be right sooner or later.
So many conspiracy theories about the whales too, makes me chuckle. Most everyone’s conspiracy theories I read contradict themselves. Almost all,of,them about the whales controlling the market and sucking it dry and blah blah blah. But at the same time the same people talking about how the whales have caused the endless sideways trading with no action. You people realize those 2 are complete contradictions right?
I promise you that the so called whales are smarter than you. Since you say they will do this then that and then this which will destroy the market it means you have no clue what your talking about. Because if you know those things would destroy the market then so do they and let me assure you that if they are making the killing off the market that you claim then they certainly wouldn’t go around killing their gold mine.
Their are no great whales controlling the market. The market went up for good reasons and the market went down for good reasons. Let’s see 1.) worse and worse transfer fees and times 2.) an attack by almost every government on Cryptocurrency at the beggining of the year. 3.) the market went up to far to fast thus causing very easy panic to get out with the huge profits when all this was happening.
Since that time we have mostly figured out the governments stands on Cryptocurrency and blockchain. Segwit was implemented which greatly reduced fees and times, along with lightning starting up. The market has had plenty of time to heal and grow more rationally.
The prices are going up for a reason right now. That reason is the consensus summit. The summit will bring new money and investors and that is why the market is going up. In anticipation of the new money raising prices even more. It is also the reason that I said the prices are very likely going to start going back down from end of May until mid June. People are going to sell their gains, which could very well trigger an avalanche of “oh no here we go again” especially with all the conspiracy theorists out their. You watch the market drop 50 points and instantly you see 100 new prediction updates saying “see here it comes”. Like the 200 point jump 5 minutes before that had no bearing on that 50 point drop.
Prices are going up and that’s a fact. I had been saying for a long time Prices will go up starting in April some time. As soon as alts all started going up for 2days while btc sat still I told all my friends “it is time”. Most laughed at me. Don’t know how these signs are not clear to others. Then boom btc jumped and all I’ve heard since is hourly predictions of the fall.... alts are still rising and people are predicting the fall of BTC is this real life?
Btc goes sideways 2days and all you hear about is the bulls lost their momentum prices will drop any hour.... half these TA’s don’t even know what a bitcoin is lol. Their is very very little,information to be gained by staring at a chart. It’s a market of technology that is rapidly changing and what day traders are doing in the mean time has absolutely no bearing on anything.
I look at TA predictions of people that are in the top 5 for the week and just laugh most the time. Bear flag, prices are going to drop on xxx coin. Meanwhile I’m sitting in discord and reading certain articles about how xxx coin is about to release their platform or update, etc. And laughing at the guy that is saying he is going to short the bear flag lol.