Last Chance To Take Profit? - Chart Shows Correction Is Imminent / Trutheum: Awesome! / ETH Ice Age

in crypto-news •  8 years ago 

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blueorgy_small.png was here.

Hey look, it's the future of Antshares! giggle

Is....is your name blue orgy or am i reading that wrong?

Nope you've got it right. It's blue orgy but do keep it together. ;) blueorgy.

sounds like you need to win an award for best name on Steemit then

ohh its been discussed haha

something something waffles something something

something something also something

No its just Blue Org Y as in Blue.org Y

lol

Nice one

This post received a 2.0% upvote from @randowhale thanks to @blueorgy! For more information, click here!

Makes me whis id sold half my stack when it went over the 400. would have cleaned up.

Hey, it's Antshares! ummm, err, I mean NEOcoin, the coin that can't be... spooned. Cause, there is no spoon. It's been uh. Rebranded?

thirds rule strategy

Buy in 1/3rds
Sell in 1/3rds

Rinse and Repeat

I agree.

Very good approach to take. Just need to keep those emotions and FOMO under control. I think discipline (trading discipline) is key to trading everything from stocks/shares to FIAT or crypto currencies/tokens.

I probably would have sold mine, but I barely had under 2 ETH and preferred to hold. Now, if I had 100 ETH... Would have been a different story, I guess. :)

Hi Omar, totally agree that BTC is now super undervalue as compared to ETH. I rewind the video a few times to make sure i hear it correctly from your mouth. LOL. I never thought u would say that because u r such an ethereum lover. but its the truth and cant agreed more. I sold 90% of my eth before the big fall a few days ago and convert more to fiat and BTC. I know you are not a fiat currency lover but I intend to redeem my car loan with some of the profits and buy myself a big present with it. Thanks for all the videos and I will continue to be your loyal supporter. Thumbs up!!

Charts are cool if nothing substantial happens... I hope for you guys who dump everything now in order to buy back for less money, that nothing serious happens to the financial system... in this case you can double or triple by dumping now... if something happens you can be out of the game... it is a bit of a gamble...

I highly doubt anything that substantial is going to happen to the global financial market in the next few years... Nothing as substantial as will make it a bad idea or impossible to buy back into cryto later, anyway.

You might be right.... but debts and derivative levels are at all-time-highs at the moment... A family of four in the US has 1 million USD in debt from their government.... But sure... if no one cares a family of four could owe 5 or 10 million as well... I have been wondering for a long time how worse these figures go before it crashes....

At this point the fiat markets are still much more stable than the cryptocurrency markets... I don't think it's fair to say there's a huge risk by cashing out into fiat in most countries.

LOL- it felt strange to say so, but a reality check is a reality check :)
Thank you so much for the support, lawrence ho- I always appreciate anything you share my way!

Have a wonderful week, brother! Thumbs up back at you

The Flippening was cancelled

Not cancelled....just...delayed for a few weeks, it'll happen. you can bet your sandwich face that its going to happen

Lol...

(he called him sandwich face)

:0

XD Now that looks like a face I can get down with.

ya see what i mean right? might go so far as to call him lettuce lips...but i feel like thats totally out of line

😂😂😂😂

Btc is the best thing that has happened to since the existence of mankind. Unstoppable!

One thing that annoys me about BTC is that transfers can be quite slow. I can't imagine myself paying anything in a hurry with BTC. Different story with LTC or ETH, though.

ETH has some scalability issues to contend with, just as BTC did/does. We saw that with the slow down last week during an ICO.

I'm not saying they won't be resolved as I'm sure some clever folk are working on them as I type, but I don't think with should be writing off BTC just yet...

After corrections, the coins will level up

Hey Omar, I think theres a 3rd view that often gets ignored when it comes to the ether price too long to explain in a comment so had a to write an article on it...

https://steemit.com/ethereum/@wealthyme/ethereum-crazy-price-movements-a-3rd-view

  ·  8 years ago (edited)

dude i am proud of u from starting ut humbly here and BOOM ow ur a steemit whale!
Flippening WIll happen, Ethereum will become the worldwide supercompuer it deservs to be, especialy with RFID dust and nnotech machines , imagine tiny rasbery pies as small as dust!
SMARt dust!

Haha, a good strategy indeed. Better take some profit , diversify and then use the remaining to buy yourself something and having rest of mind even if you lose some money later. Good point indeed

I don't know it's totally true. I'm ok with all the facts about BTC that have been stated (first entrant, number of users etc.). But, don't you think that Ethereum has broader use cases than simply being à cryptocurrency with smart contracts and DAAP? Don't you think that Ethereum prices could be pulled up by the democratization of the smart contracts in the sector of insurance which is one of the most important sector?

Thanks for your videos !

I think eth will go up again.Good time to buy more

I think Eth will go up again for sure, but not before dropping to somewhere in the $100-150 range again first. Market is over-hyped at the moment and Eth needs upgrades to be able to scale properly to take on more load. Until large-scale DAAPs are reliable and possible even under adverse market conditions, Eth won't be able to go much higher than it's been, IMO.

There's no reason not to take profits and get back into fiat. We are all in this for the LONGGGGG HAUL.

HODL fiat, HODL ETH, HODL BTC, HODL Steem, HODL everything!

I'm pretty sure you'll do just fine.

Have a wonderful week !

awww, thanks you too!

With all the speculation of what crypto currency will do well to one side ...one thing I REALLY love about crypto? It's the excitement of not knowing where we're going with this but somehow knowing that we're witnessing a revolution which will change the course of human history.

Quite a rush.

yes what I ride

Let us see what tomorrow comes

Can i get a ride on that ?

BUY BUY BUY!!!! ....if not now....then when !?

DONE DONE DONE!

Bought half an ETH at Coinbase today just on principle. Going to YODL it. :) Ha! See what I did there?

Good idea, it will be back to 400 by July.

It may go back up to $350-400 at beginning of July, but if it does, I think it will then definitely decline down to $150-100 slowly before going back up again, higher than it has been before.

Its about to re-crack 300 again right now

Meh. Got to $285. Like I said, may go back up to 300 or 400 but not for long I think.

True, I'm just always overly optimistic!

Lets hope for a week of crypto recovery . This monday was nuts.

I am not worried at all, trust in my holdings

Thanks for another great post @crypt0!!

Interesting stuff, like the news you bring to the crypto space. I sold some of ETH a week ago, It def taking a dip, but I plan buying some back soon! Digging the Trollbox is life shirt, RIP trollbox.

Absolutely love your videos. Thanks for the hard work pulling all the sources together. Bought STEEM on the dip today! Keep doing what you do...

Hey Crypt0. I’ve been a supporter of your YouTube news channel for quite a while now. Just wanted to say thanks for all your hard reporting on the crypto-sphere - it’s great to see someone who is unbiased and positive in the cryptocurrency world. I especially liked your recent video ‘Bitcoin looking hot right now’ which prompted me to research and rebalance my portfolio. It was excellent advice and I thought your predictions were genuinely forward thinking and logical.

Thanks again and long may your work continue!

Matt

Thanks a ton for the appreciation, Matt- it really means a lot :)
I'm just trying to keep myself, and whomever listens to my stuff, somewhat grounded in a positive realist kinda way.

You're most welcome, and I hope to hear from you again sometime- wish you the best of fortunes!

Definately Ledger is the best

Nice post man! Wish you a great day ahead!

Just checked out a bunch of your blog content, following you now, good stuff.

Thank you so much man, nice to meet you! I am Following you too.

Please take a look at Lbry, Amp, Sc, Burst 😁

Im looking at everything! hahah

While everyone is CRYING I'm BUYING lol, so many options right now to grab. the more i in the crypto game, the more I like more coins!

yes, you are addicted already man

You have been on STEEMIT as long as me and I post ALOT and you have more posts than me, looks like you are right there with me buddy haha

haha, let's make a competition lol

Im down bro! What you wanna do? Race to 2500? haha

Thanks for always doing a great job Omar!

The corrections have already started two weeks ago!

The bubble has popped !

Watching your video now and enjoying what I'm watching now... eagerly looking forward to your opinion :) Cute dog too ;)

Thanks again Omar, you're awesome

hodl

who the heck is this hodl everyone keeps talking about !?

I'm pretty sure this whole fiasco is designed so big money can buy the dip. If you can't beat em', join em' ;)

I'm not worried, I feel it's just balancing out all the trades all over the world. It should start gaining soon, we were all just given more opportunities to purchase more! Dips everywhere man, everywhere. Cheers!

#follow4follow

Finally a little dose of reality, Omar. I think is good you share this here cause you reach a lot more people than most crypto related channels. We def are on that bubble stage. I've been sharing those charts on steemit, showing the same patterns from 2013 repeating now, but I have no followers so not many ppl saw it, and the few who did did not believe it. I started selling all my alts for btc 12 days ago and finished selling the last of them 3 days ago. 2 days ago I sold 50% of my btc & now waiting for that last pump to sell the rest of my btc. I expect to buy bitcoin at $1200 - $1500 in a few months. Great video!

Absolutely man- this is important stuff that needs to be shared, whether or not it's taking away the punch bowl from the party. Party seems a bit dead anyway, and though it'll kill some moods, it's important to unfog the lenses now and then.

I'm glad to hear I'm not the only crazy person who's noticed the pattern in the charts...let's see how it plays out from here.

Take care, dobe4ever, I appreciate the thoughtful response :)

Hey no worries, thanks for taking the time to answer :)
Check this out if you have time:
2013 blue
2017 purple.
I can't believe how similar the patterns are...

Even the one day and one week candles for the BTC/USD from this bubble are really similar with the ones from the 2013 bubble. I've been making charts of it HERE

With all and all, I'd like to add that the 2013 bubble formed & burst in just one month and it grew by 5 times since it started the parabolic movement. This one only grew by 3 times and it took 3 months to form and burst instead of one (Bitcoin price, I mean). Of course I could be wrong but in my opinion this crash won't be as violent as the last one, I think we will have more days to monitor the price movement to decide when to sell in the last pump. Also, after the crash, the recovery this time might come earlier. It took forever to recover from the last crash, that was like the great depression of the cryptos, it's not common to have great depressions that often. I don't think is likely to happen again. Things can't go up forever but neither go down forever.

Interesting analysis @dobe4ever thanks for posting

Hi thanks :) I appreciate it

Good comparison. Just one thing to add: in 2013 there was the MtGox debacle, which, by it's size (at the time) caused a major drop in crypto confidence. This time, at a first glance and since there are a lot of big exchanges, even if a debacle occurs, won't have the same effect as MtGox did. And last time there were few cryptos to "escape" to, so, fiat won. Now, your portfolio has a lot of "escape routes" and fiat currency isn't going to last much longer...

Hi thanks for the comment :) yeah everyone says the same about the mtgox, I think the mtgox in 2013 will be the bitcoin fork for 2017... When the technical analysis says something, even if the fundamentals say the opposite, usually there will be events that will cause the fundamentals to go in the direction the technical says... My humble opinion :P

This is interesting.

Thank you :)

I don't think it will drop that low.

No one knows... but if history continues repeating itself thats the estimate price. Not that I want to, but the charts speak so loud...

@crypt0 please I have a problem.
Please read my problem.
Poloniex just reduced my funds.
https://steemit.com/cryptocurrency/@globearn/please-help-poloniex-has-killed-my-spirit

I'm so sorry to hear that man...it does look like someone got unauthorized access to your account. It doesn't look like all hope is lost, since Poloniex seems like they're taking steps to figure out the issue. Patience and being detailed with them may help, globearn. I hope you resolve this.

Thanks Sir. Almost all my trades is about what you talk about. I subscribed on your youtube channel and also follow you here.
I am so happy U replied.
Thanks for your warm words and kind gestures. Its a big relief to me.
I appreciate.

Thanks for sharing )

I don't want it to go down.

I have lost all my coin during the big drop of ETH....

last time eth dropped from 200 to 100 we all know what happened next

Celebration?

It went to 400..

Banner
@bhightech got you a 1.91% @minnowbooster upvote, nice!


Want a boost? Click here to read more!

I tried upvoting you but the post was in its last 12 hours, please check beforehand next time...

i didnt recieve the upvote @minnowbooster

I tried upvoting you but the post was in its last 12 hours, please check beforehand next time...

Sorry i didnt seee it earlier..Is there a chance of gettingmysbd back

sorry, currently not :/ I can sponsor you a new vote if you have a different post

This wasn't the kind of flippening I was expecting XD

HODL my Dick! - Imgur.jpg

lol

oh my god YES!!!

Great video about this craziness that's going on, valuable insights as ever!
Bitcoin definately better choice and still undervalued. A drop seems imminent but after the soft fork, trust can return and road ahead (and up) is free!
Keep the faith high, reality check necessary though..

Very nice video @crypt0. I think this minor pull back is a buying opportunity for cryptos... ^^^NEW FOLLOWER MATE^^^

What do you think about the new Ledger Blue? I saw your link regarding the Nano, but I wanted to get your opinion regarding the Ledger Blue?

Great video as always.

Great video as always man. I to have been thinking that we're over due a correction of sorts. I've been thinking about moving small chunks of my crypto into gold over time just to hedge against a huge correction. I know you said that gold isn't as liquid as crypto, but I'm gonna try using Vualtoro, which let's you trade between gold and bitcoin. you can check it out here :)

And I also agree that Steemit provides great value to the cryptospace and is incredibly undervalued compared to some of the other coins that have been shooting up in value as of late.

a lot of people get into this game without any inking of a profit/loss strategy.

Everyone and their mother should have seen this correction coming, it was literally written in the stars for weeks now.

I dont think Bitcoin has much longer at the top of the charts to be honest, especially with the potential fork happening on august 1st

unless they figure out some way to get things under control, its going to be an absolute bloodbath in a few weeks when people realize that there are two bitcoin blockchains

I doubt it forks. I think segwit gets implemented and that's it.

Hi all, I dont agree entirely. I dont think Bitcoin will fall too much. It is been used way more times than last year. For example you can buy games at steam, or you can add balance to your microsoft account. I recently sent a payment for a developer in russia using bitcoins. Using bank transfer would have cost me only 400 USD to make the transfer.
However I do agree ETH it is very over rated, mainly because there is a lot of ICO money right now.
Sorry if I offend anyone of you, its just my opinion.

Hii @crypt0 i saw you post and i enjoyed reading it, could you please have a look on my daily analysis for Bitcoin and give me your opinion. https://steemit.com/bitcoin/@ohamdache/midday-update-of-the-bitcoin-price-29-06-2017

Thanks for your effort!
Markets will soon rebalance themselves!

Thanks for your thoughts. I'm not selling a thing, just adding. Let's check back in 1 year :)

Wow, last time I bought BTC was $2650 and ETH was $350
I knew ETH was overpriced when it was 1/7 price of BTC

Now BTC is below $2450 and ETH is below 260

I feel like June did not happened and prices are back to May 2017
and I'm holding coins that are overpriced

I'm holding Dogecoin. If price does increase, I'll sell

Hopefully July will be less exciting

So in the meanwhile

I like your point of view, cant say i completely agree not do i disagree, since i am ethereum-neutral and kind of newbie. I agree that in the near future its going to be interesting how many people will 'stick' with ETH when its not really 'minable'. However, i am not sure whether BTC is still undervalued, i will wait to see if other coins will use it as a platform to extend their functionalities, like they do with ETH.

Still, i will keep an eye out for your posts and videos on your channel :)

Great Video Crypto.

At this point it's pretty uncertain what will happen in the upcoming weeks, but what is certain is that tis uncertainty creates nice buy opportunities for those who know where to look, as many people will be selling in fear of what will happen with BTC on August 1st...

get ready for the long winter

I like your videos; Very informative, thanks a lot.

ETH will surpass BTC marketcap soon :)

I would probably take profits if I had, I don't know, 30 ETH. But right now I have a tiny little bit under 2 ETH, so I prefer to take some risk and hold.

Hi Omar,
i have been a fan of you for a long time! I watched your videos from day one and i always really enjoyed it. I found them very helpfull and complementary to make informed desicions with my crypto investments. I think you are a cool guy with a great energy. So this is my way of giving back to you my friend...enjoy and best of luck

Your comment shows what Steemit is all about. Its nice to see that if people put in the time and effort and produce amazing content, they will end up rewarded!

@crypt0 is the best. He inspired me to take a leap and start a news channel as well. That decision literally changed my life. Not only have I found success with my news channel. I have been presented with countless opportunities in blockchain and cryptocurrency space. I owe him so much and he likely has no idea, but I'm sure I hope I will get to thank him in person soon. I'm eying a few industry events to attend in the next year, and hopefully I meet him!

Thanks for the info

Damn, Ether?

Thank you for the good information, I always start the morning with one of your videos during my breakfast.

Thank you very much.

Buying and Hodling.

I bet ether is going to go up ,buy when you can. and next target might be 500!!!

@crypt0 - Just discovered you today. Nice production & great video. I look forward to seeing more! Upvoted, Followed, & Resteemed!

First of all.... love the video ! I agree this is probably the best time to rake in the profits, also a lot of people are living o the edge hoping to cash in after August 1st. That factor is and I quote
image
I hope the price stays where it’s at for the time being. Upvoted and reateemed!

thanks for the info

Hey crypt0, you got a great setup, sounding and looking good with great info.Peace to you and all the best.

With the right type of preparation, dips can be fun too!

hey how to add these gipys ?

Thanks Omar! How do you make so much money from these Steemit posts though! :o

yes we have BIG problem with bitcoin and etherium are falling ..

Hi @crypt0 and everyone, I just want to have your attention for a petition about the acceptance of Bitcoin and Litecoin at Amazon, as can be seen in the link below. If we can take care of this, the crypto market will become much bigger and will be taken serious. Please take a look and share it to make this big. I know Amazon is one of the biggest companies out there but if we can collect thousands of signatures we will give a serious sign for acceptance. I if you don’t like the promotion of this petition please give me a call and I will remove it. I just want to make this big. Thanks in advance.
https://steemit.com/crypto-news/@unknowncrypto/amazon-a-big-step-for-crypto-acceptance

I personally feel this is the best time to buy as many as Ethereums possible. Its gonna up very soon , apparently its gearing up for the big jump. All the best guys.

I agree bud, the correction was imminent. Historically, '87, dotcom, and '08 have shown such growth and decline. We, as investors and early adopters, have the responsibility to pass knowledge that we have gained being a part of such revolutionary times.

  ·  8 years ago (edited)

Well overvaluation it's really possible and for sure if people like you dollar vigilante says so it makes a big correction or crash even more likely to happen! (It is not a criticism, if you belive it you definitly should say it)
But I see a lot of growing interest and people wants to know how it works not just to make money but when I start explain they start realising how bad is the actual financial system so even if this correction happen I think is going to be shorter than the last 3 times as a lot of thing are happening in the space ;) and lots of people are waiting to buy cheap bitcoin, that wasn't happeing as much back in 2013 so as the market is changing i don t think the history will be followed in the exact same way but more with a similar pattern!
About Trutheum what if somebody writedown I wanna kill trump ? I feel like we need a decentralized validation system for project like that

Hi Omar,
I think that if you are buying a bit over the next days you will still make profit over the long term because cryptocurrencies are still a growing market.

So, with the exponential difficulty coming, what will the last Ethereum ether coin (or any last coin) be valued at, and is it even worth mining?

Your videos are really awesome..yes crypto are under correction. I am glad that i sold ETH when it was around $330 but stuck in DGB..just hoping to see some bullish trend in DGB...

Michael Novogratz says cryptocurrencies could be worth north of $5 trillion in five years -- if the industry can come out of the shadows.

“The Nasdaq got to $5.4 trillion in 1999, why couldn’t it be as big?” the former hedge fund manager said in an interview, referring the Nasdaq Composite Index. “There’s so much human capital and real money being poured into the space and we’re at the takeoff point.”

To get there, though, companies need to develop sound business principles to satisfy regulators and lend legitimacy to the budding industry, one of Wall Street’s biggest bitcoin bulls said Tuesday at the CB Insights Future of Fintech conference in New York.

The popularity and rising market capitalization of Ether brings it in competition with all cryptocurrencies, especially from the trading perspective.

Now coins prices are going down but in as much as i would like to buy low coins i wasnt able to do so because i wasnt able to get profit in etherium for 3 weeks now, its sad.

Great post, Upvoted and followed.

just remember...
644632dcc49a7968eda430d9200c9582.jpg
until then, remain calm :)

Great show as always.

Oh and a little off topic here but if you want to scratch your conspiracy itch for the day make sure to check out my most recent post below, which I think you will find extremely interesting...

September 11, 2001: This Post Will Likely Show You How Little You Actually Know About The 9/11 Attacks... SERIOUSLY...
https://steemit.com/conspiracy/@budz82/september-11-2001-this-post-will-likely-show-you-how-little-you-actually-know-about-the-9-11-attacks

Keep up the good work you crypto-junkie you.

Thanks men great news about cryptocurrency

You did a great job!!!!!

Great Post

keep up the good work

It's not just about correction. It's more about trust.

meep

Trollbox is life..

Tooks some profits before the big drop, now slowly accumulating on the cheap :D gonna take it slow while we figure out where the price will go

I'm a new member of steemit . Please follow me
and give vote . I also give you my best friend
Ok??😘😘

Thank you for your truthful and very modest way of just being you in bringing people like me into and understanding of what is going on in the crypto world. I appreciate you very much and I have to say that I am new to steemit here but first saw and was a sub to you on you tube. But, i like this format much better. One reason is that I have no camera or mic to make vids. But. love to type and have meaningful conversations with potential friends. Like you...
Thank you and I know all will get better on the markets... you bring such clarity, but I know and I wish others did, that you are only human and cannot predict every downturn or upturn.

Nice post man ....impressed

Nice Cute Crypto Doggy in the back :)

It looks to me like the total crypto market cap is following the Elliott Wave 12345abc pattern, and right now we're riding up the "b" wave. I think the next high will stop around $115 billion and then we'll see a huge selloff on the "c" wave.. Hodl on to your hats folks, this could get ugly :/.

19531756_10211433275362207_1372000999_o.jpg

looks like you were spot on with this prediction!

Whole market is on the side of opportunity.
Almost whole market is under dip. Great video and informing all. Thank you.

Hey man I been following your videos on Youtube for ages. Only just got Steem and over course you're here too haha
Thanks for all the insight

Hi there! We'd appreciate a review of our project - https://steemit.com/@trueflip. Thanks in advance! :)

I've been seeing a lot of phony new about Vitalik lately. I'm also in for the long run am buying a piece of everything.

Isn't all of this a self-fulfilling prophecy? I feel like everyones saying "My imaginary friend is punching me in the face". Sure some coin is over-valued, but this massive jumping ship is just people creating our reality. If everyone held, this wouldn't happen. Shouldn't the community as a whole be encouraging the newbs to hold, and explaining why? Money is just an agreement on what has worth. So we are actually in charge of what's happening.

All the chicken littles need to relax. Cryptos are not going anywhere. This is not an investment get rich scheme is a liberty revolution. I will keep on buying until my bones get dry.

after reading some of the comments here i am a little confused, so if you could redeem ether for 400 a coin and then it falls to 150. and you buy it back and wait for the rise you have both raised income and supported the currency at the same time, buying and holding forever ? what is the point in that! selling off for profit but still trading in crypto just seems to make good sense to me.

Can you please stop promoting scam coins, and shitcoins? Your ruining your credibility!

Thanks for the post its really usefull

This is from Clif High's June 2017 report that makes me confident that the down trend will be short lived.


"The shorter term sets have Bitcoin, already established by the end of June, as the 'leading edge of
hyperinflation'. This status is indicated to continue at least into June of 2018, if not beyond. Yes, there will be other cryptospace offerings, both coins and tokens, that will surpass Bitcoin occasionally, but in general, the long term growth patterns will remain with Bitcoin. In those longer terms, the 'hyperbolic debt currencies debasement' is indicated to 'catch fire', and 'ignite'in Fall (northern hemisphere) 2017, and to be 'raging hot' by Winter solstice. This is what leads the interpretation that Bitcoin will be close to, or exceeding $13,800 USD by early February in 2018."


Hey @crypt0, great post! What would your advice be to earn money on posts for people that are struggling? I'm sure many people will be interested to hear this :)

PS. Follow @enazwahsdarb for entrepreneurial value content, my blog!

wooooww, nice

Thanks for the videos, Omar. You really keep us informed!

What do you think about my post regarding this? follow and upvote if you like!

https://steemit.com/dgb/@cryptoknight12/time-to-buy-list-of-safe-bets

also have a post about when to cash out!

https://steemit.com/altcoin/@cryptoknight12/homeroom-end-of-month-alt-coin-plummet

Thanks , great article and analysis. Ethereum and bitcoin will crash but after that will move even higher probably to 10000usd for bitcoin and 1000 for ethereum.

I like this website :)

@crypt0 Awesome channel, thanks for sharing your thoughts and opinions.

Great video, keep it up!