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RE: Bitshares (BTS): Yellow or White Matters None; Same Destination

in #bitshares7 years ago

I was in bts last year and caught some of the rise but sold and got into something else, this happened twice. I was angry when I didn't stick with it and it went up, but I remember clearly that the prognosis looked as if this might take well into March (next year, back then) , and I was too impatient for that (why wait for bts to climb when you can use the funds to earn some quicky in between).
So this is what you decide, and when you decide to stick with it, you have to stick with it.
Till it rises again. If you sell along the way when it's in a low phase, you will have a problem.
He has always been saying how he ONLY looks at TA and, that reality will prove TA correct after the fact, but this is of course only possible when you exclude the time factor from the equation. Time can only be guessed at, and this insecurity can be destructive - if you don't have the time.
You have to be very calm and patient to always have the time, and you must take this into account beforehand, and when you have progressed to such a level of collectedness, you will be able to envision the blind bowman drinking tea from an empty cup - applauding yourself with one hand clapping. Because time is always time, and space is always and only space.

The Bitcoin dip ruined the equation, it was unnecessary under the circumstances - the market was strong enough to have carried us through, but too many people expected that dip and a few manipulated to make it come. And Bitcoin dragged the altcoins down. I guess you cannot foresee that just looking at Elliott Waves, because Elliott Waves measure average market movements. The blind bowman didn't hit the target because the target had been taken out by an asteroid.
Temporarily, of course ;)

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Its pretty obvious Bitcoin Futures as screwed the market recently ! Price was run up by the bankers prior to 18th Dec, then they got out knowing it would cause panic and price crash. They will buy up as much cheap BTC as they can and sit on a stockpile. JP Morgan did this with Silver !

They are going to run the price up again eventually so just hold now and try not to let greed drive your decisions, but get out next time before they do ! OR ditch BTC and buy Bitshares also move away from any centralised exchange onto DEX. WHY ? Because they are Introducing amazing new assets which will be backed by Gold/Silver etc so when the next crash comes, the DEX will be a safe haven. Banksters will be able to do anything they want with BTC because the ALTs will be pegged to other more stable coins (not BTC) so this pattern of BTC crashing and taking everything with it will eventually be a thing of the past.

I will put down my crystal ball now......

Unfortunately, institutions a) are well organized and b) have more money.
So they can buy their way into any sort of market, also into the decentralized exchanges. The principal superiority of an organization over a herd of chickens will always remain.

If everyone moved to Bitshares DEX it would have a lot higher liquidity, then when banksters hit BTC you could simply move to from bitBTC to quint (or other asset backed crypto) which is harder to manipulate so would prove a nice safe haven !

have you written the bots yourself or are you using paid/open source one ?

Bitshares UI is getting better and easier but still not as good as gdax etc