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Ponzi

Tether Bubble / cryptocurrency bullshit So yea... As has been pointed out before this market is being driven by tether printing. You can see (unfortunately I can’t insert on tradingview) coinmarketcap.com A 200% increase in USDT over a period of December 2018 to today and a 200% in price of bitcoin in the same period of time. If you wanna ride the whales, just go to the chart on coin market cap. And when you see the tether market cap go up try to get into bitcoin before they do! The trend is 1:1. Tether is being used to pump a bitcoin bubble. Aside from that I think this market is totally illegitimate, people behind USDT and exchanges that use it to buy and sell bitcoin should all go to jail. Problem is internet is worldwide and these exchanges are hiding in 3rd world countries away from any jurisdictions which can prosecute them for manipulation. If any of you know where you can trade your USDT for real money let me know! Cuz all I know is that these billionaires may be able to do that, but the little guy can’t. If you trust the good will of these tether co. Hiding in 3rd world countries away from the cops to buy and sell bitcoin to you, good luck!
Short
by pacman7331
ES1 the daily pump and dumpThe only reason why the market keeps scrolling up going into a recession is futures manipulation. Look at the chart for ES1, they buy at the end of the day, pump futures on low volume overnight, then dump on high volume in the morning when they sucker people into buying into the gap. 4 days in a row now, idiots still buying right now even though the market is well of the highs. Chart pattern looks like it should go down tomorrow, but it's Ponzi 401k payday Friday, so I'm probably just gonna stay out. Made $1k flipping puts off the open. that's good enough for today. I think that's the only play up here is to play the pump and dump along with the computers. Seriously, a gap up when Europe is going into a recession (negative IP numbers last night), terrorist attacks on tankers, and jobless claims rising. In a normal market, all of those would cause the market to go down. Looks to me like the market is expecting another QE because pumping the market at the top is a smart move for central bankers, lol.
CME_MINI:ES1!
by hungry_hippo
3
The amateurs celebrating on their ponzi pump are ignorant (very)I already said plenty of times there were much better opportunities elsewhere. Here is one from 2 months ago (when crypto clowns were starting to foam at the mouth and buying a tether pump). It is exactly the same setup as Bitcoin except with a much better entry, faster results, and a bigger target. It is objectively without the shadow of a doubt, 0 POSSIBLE ARGUMENTS, a much better trade. Yet I didn't hear any of these intellectual midgets talk about this. If you are new you have an excuse, but otherwise if you are sticking with crypto only you are either participating in pumps and dumps or dumb money. From July to November 2018 there was 0 opportunities. The think-he-is-smart crew in crypto chasing high gains are risking a ton to make meh returns and those take forever. I multiplied my money several times in 2018 and what did they do? Wait and hope, like the fin idiots they are. I am multiplying my money in 2019 ans what do they do? They had 1 trade in the entire 1rst semester and made 30% or some crap while risking everything. And what will the 2nd semester be? Slow boring consolidation most likely, maybe a weak uptrend. And then down we will go once again. Smart people that look elsewhere have been getting returns for 2 years and meanwhile crypto clowns are still hoping and "later you will see". Every passing quarter we make more profits and the crypto clowns need to make even more to catch up. The gap grows and grows and grows. It started with them not needing a big bull market to catch up with us, but after 6 months they needed an incredible rally to make up to catch up with me, and after 1 year it was even bigger. In 1 years they are going to need the most incredible bull market mankind has ever seen to catch up. Keep believing keep waiting. Gamblers. And about the pathetic clowns that tell you how incredible they are and got 99% winrate. If they are so good, why are they holding crypto?????? Please explain to me. If you are so good you can become the richest person in the world in a few years, even a few months. Even if Bitcoin went to 10 million in 3 years it would be a waste of money to hold for these crystal ball clowns. Bitcoin is stupid. There is plenty of time to think about it really hard and come to the right conclusion and get out. There has been even more time to see reason than with MtGox before it got hacked. When this stupid hype scam - the pinnacle of the global stock market bubble - goes to zero, you will not have any excuse. When it hits the fan, the most stupid speculative assets are the first ones to go down. Will there be more bubbles? Yes, probably. Will there be more sharp rallies? Yes, probably. But will it stop this from going to zero? NO, not a chance. Keep your eyes open on Japanese casinos. When they open... Bitcoin is taking a nose dive. TO ZERO. Sit and watch how NOT A SINGLE BILLIONAIRE "buys the entire supply" just like EVERY SINGLE TIME before, when a worthless pos went to zero and novice bottom feeders were saying "impossible a single billionaire will buy the whole supply". Even bigger than casinos would be online casinos being made legal in Japan. Casinos slowly being constructed would mark Bitcoin slow death. But online casinos being legal would make Bitcoin isntantly nose dive to ZERO. Negative sum game. Hundred of millions of baggies can hold and never sell it will still go to zero. Not even 1/10th of its market cap can be cashed out. BONUS: Beyond meat.. OMG...
BITSTAMP:BTCUSD
by MrRenev
2
TARIFF MAN TO STRIKE GLOBALLY!This is a 6H chart of the DAX. Markets globally are heading south. Even the super-resilient Brazilian Bovespa is beginning to buckle. In this screencast I show what the price action is like for the DAX and why I think the market is exhausting. I may well be totally wrong - but I'll limit how wrong I am with an acceptable stop-loss. Three main issues plague the DAX and other markets globally: 1. China trade/technology war. 2. Tariff man picking a fight with Mexico 3. And as of a couple days ago Tariff man has squeezed India by ending special trade treatment. (Google is your friend on that one). From what I see, the house of cards, the Ponzi scheme that is global markets is falling. I'll take my losses in shorting these. Disclaimer : This is not a recommendation to trade. Opinions here are my own. If you make decisions based on this and you lose your money sue yourself!
FX:GER30Short
by Captain_Walker
BTC, what do I know?This "bull run" (laughs) is a complete fabrication fueled by manipulation. The top is most likely in, and it's all downhill from here. Bulls are in a state of elation and it's time for "them" to pull the rug. There will be a series of bulltraps as we fall down, with less and less strength as bulltards lag behind trying to long the "dips" until the reality of the situation sets in. First target is 7k Second is 6.3k Third is 5.7k NOTES - Breakouts from the bounces from each of those levels is possible. - Third level very well might not hold as sentiment will be heavily damaged by then - We could be back in the 3-4k region by August "They" will be laughing their asses off and reminiscing the execution of the biggest bulltrap in history. This entire idea invalidates with a close above $8.7k, and the scam bullrun probably continues in that case.
BITMEX:BTCUSD.PShort
by blockchaingetheworld
3
Betkin Ponzi: Is it Possible to Hit $11,446.55 by Mid June?The nature of The Ponzi's 2017 tether/ scam pump / euphoria blowoff changes and elongates all the characteristics of prior crypto market cycle structures like that of the 2013/2014 cycle. These aren't much different times for crypto, and still retained within its underground corridors mirror many of the same problems and ghosts which haunted its seedy underbelly from years past. Big changes are coming in the not so distant future, and for some of the obvious fraudsters it will mean the end of their dynasties, of which without warning will be extracted from the scene with a surgical blade potentially leaving many screwed and coinless. I think people while blinded by profits forget how dangerous some of these exchanges truly are. Binance may be an exception, and CZ actually seems to really care about his customers but I doubt it because of the BSV delisting. Bitfinex and Bitmex really give zero fxcks. Everyone is expecting much volatility in the coming 3 weeks. Whether the top is in now, or at $11.5k or even 25k, I do not know. I'd like to think another big pullback will likely be necessary before any such 35% expansion occurs.. There may be a potential that BTFD is safe all the way up to sub $9, or $10k Noobs will be dumped on again. Do not buy the top, noob. If you do, use a stop loss. It will keep you from sucking your thumb under your covers while all your fiat money is evaporated. These ideas are speculation, not at all financial advice and for my own personal use. After two years fxcking around in these markets, I still have no idea what Im doing. I can tell you that I have only realized gains and never lost money, so I do have that going for me. Cheers, and may all your trades be profitable. Oh, and btw.. Bitcoin SV is the real Bitcoin , and Craig Steven Wright was Satoshi Nakamoto ;) Get triggered.
BITSTAMP:BTCUSD
by kenj1
2
ICO's should be illegal. All cryptos too probably.Hello. I wanted to keep this for a little later, but earlier today US congressman Brad Sherman has announced he was looking for colleagues to join him in introducing a bill to outlaw cryptocurrency purchases by Americans. Which forces me to post this as early as now. First it was China (where the trading of Bitcoin and other cryptocurrencies remains stricly banned), then a few other countries including India (where crypto's are "semi" banned), but now as I expected (I think I only mentionned this in a comment) it is the USA turn. They are a pretty big player if you did not know. Their influence is quite interesting. China bans crypto trading the price drops 45%. Can you imagine with the USA? And Europe will probably just follow the US... GAME OVER. This is what he had to say "Whether it is to dis-empower our foreign policy, our tax collection enforcement, or our traditional law enforcement, the purposes of cryptocurrency – the advantage it has over sovereign currency – is solely to aid in the dis-empowerment of the United States and of the rule of law." Yesterday a bill was introduced to To Ban Loot Boxes And Pay-To-Win Microtransactions. So it is the current mood. Ban all scams. And crypto is the biggest one. It is still early, crypto won't be banned immediately. Do you know that most of the modern world has laws prevented people from selling anything tagged "-50%" on release and even "legit" reductions are strictly regulated. Why? Because these disgusting practices give people a sense of urgency. Just like... ICOs, and cryptos in general. "Buy now quick the price is going to be way higher if you wait". It is the exact same principle. Governments and regulations have took a while to catch up with these disgusting criminals, but as you might know by now they have started cracking down, and when they start it all goes VERY VERY fast. The hard part is just getting them started. Now they know what cryptos are, now they know what they are dealing with, now they WILL all shut it down. Crypto is dying by itself anyway. People are completely euphoric and price is peaking when we are at a much lower high. 20k->12k-6/7k these are lower highs. 6k -> 3k -> 1k these are lower lows. US politicians would rather not take an unpopular decision that would get them not re-elected. This is the only thing that prevented Bitcoin from dying till now. Who knows what would happen during Trump last term? :) You think Jihan Wu will stop them from storming his farm? Oh btw 2 months ago "the future is very bright we are investing in new equipment" in the last 30 days his hashrate has dropped by 90 percent and he has published devastating losses in Q1. Lmao yet another lier. It is a complete crackdown. Alot of bears were expecting some FUD around Tether but the battle of good versus Bitcoin is going absolutely parabolic. Exchanges are getting closed, people are being sentenced, investigations everywhere, laws are being discussed. COMPLETE DESTRUCTION. There won't be anything left. You have to be in extreme denial not to take this seriously. And it is so ridiculous that people think a bull market has started. 100% of bull markets start in disbelief. Slowly chugging prices. Not strong rallies with no pullbacks and 90% retail traders bullish. NEVER HAPPENS. Bitcoin went throught the phases of innovations, like all other ones. Those that are successful and those that are not, and it has not been adopted yet so it is rather in the second camp objectively. And the big powers are threatening to shut it down if it has a chance of being successful. Good luck with that one. The bear market has barely started. Bitcoin is never going to be 5 digits again. The target is 0 and it is going to accelerate. Its path to zero has been strongly slowed down by Tether & cie and this is coming to an end. Criminals are going to exit scam (trans fee exchanges). Bitcoins are getting "hacked". Ifinex are making their last stand last desperate attempt just like the ponzi BCC tried making a Bitconnect X ICO. When the secret services put a gun to your head and threaten to pull the trigger if you do not surrender all crypto assets immediatly will you laugh at them and call it FUD? You know how this usually ends? The emperor is naked.
BITSTAMP:BTCUSD
by MrRenev
491
Tesla complacency is over. Watch it crash and burn. Dumb scam.Can you imagine a Tesla bull say "evil big money they knew" when all this information was available to the public? I would not be surprised actually. I don't get how clowns like this get involved. Nyways this is the story: Elon & Kimbal start in 1995 with a dot com company named Zip2, with money raised from a small group of angel investors. They took advantage of the dot com bubble hype to rapidly become millionaires. In March 1999, at the peak of the dot com bubble when irrational exuberance was off the charts Elon made 165 million $ from selling X.com one of the first online banks. It merged with another company that had a product named paypal. We do not know how much of X.com is into paypal. Elon gets kicked as a CEO because he has too many bad ideas and paypal goes on to become successful without him. In 2001 Elon Musk starts SpaceX, another hype ponzi - er I mean company, that attracts alot of interest from the public. All along the way Elon works on his personality cult. In 2003 Tesla comes to existence. It is supposed to change the world, starts with luxury cars, then switches to cheaper ones. Lots and lots of hype around it. The company has not had a profitable year since its creation, interestingly its r&d green budget is one of the lowest of all car companies. 2006: SolarCity, to have "clean energy" and "save the planet" hype hype. One of the world's biggest polluters. Who knows, we might all die from all the heavy metal they dumped in nature. Great. Disgusting. Apart from that he started all kinds of hype projects. Dozens of them. He just likes throwing hype ideas around. That's literally all he did his whole life and became a billionaire for it. Throw around dozens of ideas start a business and then that's it. Nothing never gets done nothing ever becomes successful (unless his company merges with another one and he gets kicked as CEO). I am sure every one has had the pleasure to meet people like this in their lives "oh ye i'll do this and this and that" taking plenty of responsabilities, too much to be able to respect them, and of course nothing gets done. Tesla is just another name for "Elon Musk reality show". It's all hype, and unsurprisingly it attracted all kinds of idiots. I wonder how many "Bitcoin true believers" are also "Tesla true believers", I am curious to know if it is 99.7% or 99.8%. The facts were available to every one. Company is trash. Complete scam. The big whales have dumped on all these "true believers" fools, and once again, like every single time, the public is now rekt. Every one knows how this work, yet, somehow "Nooo I won't sell 'they' want to buy my stock cheap". I don't even get it. Last 500 billion times it happened the same way. W/e. EVERY TIME. If someone wants to invest in EV, there are plenty others. And hybrids are really good, better. Guess what works? Taking it slow, one step at a time, and making sure everything works smoothly. Saying you want to go from 0 to 100 gets the public excited. Saying you want to build a colony on Mars gets the public excited. But the public is made of idiots, and changes have to be progressive. Hybrids are really good, the perfect compromise, and the first step. Some EV are great but really expensive as of now. Once again, Elon bite off more than he could chew. He can't help himself, he just loves to start futuristic stuff that is bound to failure: Gigafactory Hyperloop Hyperloop Neuralink. And he spends his time seducing people, and when someone doesn't fall for it he gets angry. Typical. So funny. pretty sad too. This is how it usually looks like And zooming in on the bear part Remember when Bitcoin broke the downtrend & had a golden cross and the bear market was over? I'll end with just 1 word: Theranos.
NASDAQ:TSLAShort
by MrRenev
27
SERIOUS: Eric Schmidt resigns as Google tumbles by $70 BillionGoogle suffered the biggest one-day tumble in its history - some $70 Billion wiped out ! Alphabet announced about 2 hours ago that Eric Schmidt the CEO for the last 18 years, will resign from June 2019, and will not seek to be re-elected. This is not great for investor confidence in the short term. Schmidt's resignation won't cure Google's woes anytime soon. This significantly contributed to the DJI taking a dive for 200pts but recovering as the bulls charged in. The last serious gap down for Google - not as bad - was in Feb 2018. On that occasion the gap was not closed and price went down for a further 4 days. This does not mean that the same will happen again. But it could. Google is used to gapping up, not gapping down. After nearly every gap down price has moved further south. The bigger the gap, the less the initial recovery. Is this the first domino to fall - the pinprick that pops the 'technology bubble'? I don't know. If it is, I trust that Mr Powell et al have enough cash to prop up the DJI. Well, it's easy for the FED cuz all they need to do is turn up the money-printing press. Innit!
NASDAQ:GOOGLShort
by Captain_Walker
Bitcoin: pick your targetAs I expected, we very slowly and weakly ran into resistance and rejected it, once more. This is it. It is highly likely we are now entering the final phase of denial. This is probably going to be the week the price sells off. Finally! We are I believe - this part is speculation and does not impact how we should be trading this - going to fall to the lower line of the bearish pennant, sit there 2-3 days, then fall violently as I described in a previous idea. Apocalypse style. Once again, just like back in July and November, crypto investors are extremely aggressive and on edge. Someone is going to get tired of this and sell, and someone will follow, and someone else. As usual the ones that run for the exits first will get out with just a few scratches. The way Bitcoin is moving, in a repetitive manner, is nothing unlike what we have seen before: After Bitcoin price stops being range bound and starts going down, I expect 2 to 5 weeks to reach target. The reward to risk is AT LEAST 3 to 1 here, 4 to 1 if stop loss is a little tight, more if target is lower and/or stop tighter. Careful for fake pumps, this is why I prefer not having a stop too tight. 4 to 1 is already pretty insane! My personal target has not changed too much for the past 12 months now, and is still $1800. If this idea gets more than 50 likes I will have a little surprise in 1 month :p Once the selloff starts you can use this trendline as a trailing stop if that is how you roll. If the price goes back up something is wrong. Looking like the usual market cycle, nothing special. If there is a new bubble in the future, it will be in minimum 10 years and the absolute top will be $13,000.
BITFINEX:BTCUSDShort
by MrRenev
15
Why would anyone good buy PonziCoin?Plenty of self proclaimed experts, or even "legends" calling to invest ("invest") in Bit-con. Let me tell you I would not buy Bitcoin, even if I had a cristal ball. If we assume Bitcoin is really going "to the moon" and keep being as exponentially bullish as the past, the best possible scenario would bring its marketcap to 2 trillion in 4 years (that is ALOT of money going into CrimeCoin). Ok if I had a cristal ball telling me this would happen I would put some money in to be safe & pray my action does not change future events. All these self proclaimed pro's and bosses are so full of it. In my little calculation I took a winrate of 2/3, meaning your Win/Lose is 2. That is pretty ambitious but I am comparing this to a super optimistic Bitcon route. Plus on FX sites & copytrade sites you have plenty of guy that manage 1.5+ over thousands of trades (so RR1 & winrate 60% OR RR2 & winrate 43%). If clowns selling signals and random people on FX sharing sites manage 1.5 and more, 2 is not that crazy to imagine. The result with 1.5 is not as big as 2 but still big and comparable or better than Bitcoin 3000% (buying very bottom selling very top), with still a 0 risk of ruin. And no frozen capital. etc... The risk of ruin misses one thing thought: massive slippage. Well if you risk 2% with a 1 ATR SL, you'll never blow up. NatGas recently had a short squeeze, it went up 3 ATR in 1 hour and killed optionsellers.com. EURCHF in 2015 had a slippage of 15-20 ATR in 1 hour. With 2% risk to lose all you'd need a slippage of 50 ATR! That doesn't even happen on penny stocks. And retail traders are protected so you can't lose more than what you have with a broker. Buying Bitcoin with all your money thought? Hah good luck with that one. So much can go wrong. Let me show you how the risk of ruin is calculated. (1-Edge)/(1+Edge)^U With 66% winrate RR 1 the edge is 0.33 because 0.66666-0.3333 = 0.33333 With the 1.5's the edge is 60% winrate RR1 ==> 0.6-0.4 = 0.2 OR 40% WR RR2 ==> (0.40*2 - 0.6*1) = 0.8-0.6 = 0.2 I just found a 44% WR RR2 on a site visible to everyone, that edge is 0.88-0.56 = 0.32 so don't tell me it's not possible. I don't think I am allowed to post links but it's really easy to find. FX sites with systems and verified trading history and stats... U = the maximum number of risks that can be taken before the individual reaches their threshold for ruin Ok here is one. Only 300 trades thought. Trades: 331 Average Win: 214.39 pips / $68.85 Average Loss: -107.72 pips / -$38.58 Commissions: -$279.02 Longs Won: (65/167) 38% Shorts Won: (83/164) 50% Best Trade($): (Aug 10) 300.56 Worst Trade($): (Feb 14) -115.80 Avg. Trade Length: 1d So, the risk of ruin (considering you're done at 50 losses > wins correct me if I am wrong) with such an example that has an edge of 0.333: (1-0.3333)/(1+0.3333)^50 = very very small number. Sites with calculators just give 0. So why would anyone good at the game waste their time and money with this ponzi? "Oh but the big funds never make huge % gains 3000 is massive" Ok smartass they're not allowed to have drawdowns of 10% so obviously they won't be all in Bitcoin. If you're comparing all in PonziCoin to make 3000% then I think an example where one risks 2% per trade and has a RoR of 0.000000000000000000000000000000000 is actually very biased towards Bitcoin. To have a fair comparison we would have to get a risk of ruin higher and risk much more per trade. The positive outcome would be so much greater than 20,000%. When you actually run the numbers, all these clowns that act like they know something are so full of it. If they're so good and are risking everything on PonziCoin, then why not use their superior legendary mastery of markets to risk everything scalping/daytrading/swinging it and make MASSIVE returns? Risk would be the same but returns immensly greaters. Even if they go 20% in ponzicoin, that 20% capital would be better used trading with their master skillZ. Why don't they do this? Because they're trash and full of it. That's why. Yet hundreds of thousands of sheep follow them and cheer (as well as clowns chasing 50 to 1 risk rewards), why? Because they are brainlets that cannot add 2 numbers. "Investing" in Bitcoin is the stupidest thing anyone could do, regardless of it going up or not. Aren't these wannabee hedge funds down 80% too? Gee that's really good. Typical funds that return consistently 15% a year while having a drawdown limit of 5%, what would they return with a limit at 80%? Funds have tried in the past to hold and wait for recessions to buy like Warren Buffet, but their clients won't let them. What if these guys had cryptards as clients? No limits! Wait 5 years for the crash, then buy with leverage risk it all. Who is the best trader/manager, the guy returning 15% a year but with 5 possible drawdown, or the guy returning 25% but potential drawdown is 15%? Or the guy returning 300% but potential drawdown is 90% (lol...) People are just so awful at maths.... Clowns. No wonder wall street is afraid mathematicians and algo's are dominating the business, how good kids are at maths at school has severly deteriorated the past decades, and now people that have the ability to add 2 numbers are playing against mathematically illiterate brainlets. Also, stock market has also gone up 10000% if you used the right leverage/borrowed money... And don't the FXscamLFidiotsTOsellAcourseTO totally legit traders selling courses all claim they made 5000% returns a year or more? "23 yo 1.5 millionaire that started 2 years ago with 8 grans" that is a 18750% return in 2 years. If you compare 2 things then you should consider an equal risk... So obvious... "I can make way more jumping off a plane with no parachute that working as a bouncer for a bar" Uh then compare jumping off a plane to working as a bouncer for a crimelord then... My brain hurts hearing or reading these cryptoers... Anyone (looking to actively trade) serious about this. Just... write it down and calculate it all. Otherwise just go to the casino at least they have flashy neons and drinks.
BNC:BLXEducation
by MrRenev
5