Bitcoin
Out of context: Reply #2216
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- drgs0
I've been thinking what I'm actually doing with these fantasplodge/fractal clouds because a lot of time I would just pick out the one which fits my narrative
A quote from Steve Jobs comes to mind: "Customers don't know what they want." When Apple asked some customers about what new device they would like to have, the customers had no answer, but if you gave them some options, they would happily choose one over the other and critique the rest.
To synthesize something completely new out of thin air is very difficult, but it is easier to judge if you are given some options. And so you have something called generative art, where an artist uses some kind of technology to create a series of random artworks and then uses his artistic taste to pick out the ones he likes.
Fantasplodges are something similar. You get a series of probable scenarios and then use your intuition to judge which one looks the most harmonious. (Some traders like https://twitter.com/NyuuRoe are able to stare at a blank chart for two hours, until they get a hunch, but I am not him.)
I've been staring at this for days -- I've got nothing, but anyway a bullish scenario is definitely possible
Gold fractal:
Discuss
- So you're using some kind of TA to analyse some asset that fluctuates based solely on hype.
Wow.******** - I have learned to respect the hype -- the bad way. Don't worry, I'm with ya, I want crypto to implodedrgs
- Ideally, like everyone else, I want to make enough money to live off interest, and then everything goes to zero. My dream scenariodrgs
- I find it amazing Tradingview is full of crypto heads trying to do TA on crypto charts when it's all like this
<<******** - Anyways, rumours are spreading that Feds will go after Tether next like real soon and the entire house of cards will fall after that********
- there are days when crypto volume is 80-90% tether pumped so...
There's really little real money in crypto, imagine when all will rush to cashout
Bloodbath lol******** - When El salvador pumped real money in the system, even a few millions, the price dropped 20% because holder wanted to cashout********
- holders*********
- Feds have been going after Tether since 2017, I'm immune to these newsdrgs
- Different US legal entities went after Tether and all got them with their pants down so far.********
- So you're using some kind of TA to analyse some asset that fluctuates based solely on hype.