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johnlogan

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  1. Like
    johnlogan got a reaction from Inequivalent in Trying to make myself feel better...   
    88cents but I will buy much more, add to my stack, lowering it further. We live in exciting times and people need to wake up and max out their credit cards, 
  2. Confused
    johnlogan got a reaction from ChuckN in What is your new EOY prediction?   
    No way over $0.30 EOY. Maybe $1 end 2020.- 
  3. Thanks
    johnlogan got a reaction from carpetbelly in The reason I am still here   
    Well John Carpenter was the original source! 
  4. Like
    johnlogan got a reaction from Scout in The reason I am still here   
    Well John Carpenter was the original source! 
  5. Like
    johnlogan reacted to TheXRPer in The reason I am still here   
    Wonder how many people on here know where that quote is from, or ever played it?
  6. Like
    johnlogan reacted to BluKoo in I just bought more   
    Yup, me too. If I made a new post every time I bought, then it dipped, so I bought more etc, well... there'd be a lot of posts. That's all that needs to be said 

    It's all fun an games though. Part of the experience if you ask me haha.
  7. Haha
    johnlogan got a reaction from Moonraker in Trying to make myself feel better...   
    88cents but I will buy much more, add to my stack, lowering it further. We live in exciting times and people need to wake up and max out their credit cards, 
  8. Like
    johnlogan reacted to Eric123 in Manipulation in Anticipation of Bakkt Futures   
    This is what has happened and what is happening IMO.  My opinion only and I may be wrong - but I'm betting I'm not.  
    Groups/People with money power/bitcoin= "They"  
    Last year "They" Bought bitcoins on the exchanges in anticipation of the CME futures (CME market was cash settled only, trades on CME did not affect the price - these basically were just bets not purchases of bitcoin).  The plan was to drive up the price of bitcoin by buying bitcoins on the exchanges in Oct, Nov, Dec 2017 then "They " took leveraged short positions on the futures market.  Then "They" sold their bitcoins on the exchanges driving down the price and making money on their leveraged shorts on the CME futures market.  This was the tail wagging the dog price wise.
    This year and upcoming -
    The Intercontinental Exchange ICE - (the owners of the NYSE) is starting a futures market at the end of January 2018 called BAKKT - https://cointelegraph.com/news/nyse-operators-bakkt-confirms-end-of-january-launch-date-for-digital-assets-platform.
    BAKKT will be settled in bitcoin.  Because it's settled in bitcoin "They" can't just make a bet on what will happen on the exchanges then manipulate the price down.  BAKKT will have to enter the market and buy the bitcoins and move them to their wallet.  This will significantly drive up the price of Bitcoin.. 
    So basically we are watching a reverse of last year "They" are driving down the price of bitcoin in anticipation of the futures market driving it up which starts at the end of January 2019.
    Once bitcoin moves up the entire market will move with it.  Bitcoin is a lot more scarce than most commodities and has a set number - "Physical" futures market should propel it to ATH.  XRP and all ALT's will go along for the ride.  
    Would like to hear other's opinions. Especially why I am wrong.
     
     
  9. Like
  10. Like
    johnlogan reacted to Defcon_1 in Why did the price drop all of a sudden?   
    Oh, don't worry - 'support' is not far away.
    I recall the same noise when XRP dipped below $2.
  11. Thanks
    johnlogan reacted to Defcon_1 in STAY STRONG!!!   
    And I am sure the ones calling you a troll have fallen silent.  That will be conveniently forgotten.
    Now $3 EOY seems wildly optimistic unless some huge breakthrough occurs.
  12. Like
    johnlogan reacted to P3T3RIS in Why did the price drop all of a sudden?   
    My buys got filled between .38 - .34 as I expected. New sell orders set to levels few cents up to add selling pressure. Bitfinex showing quite a wall at .37 and in case XRP won´t climb back at all, this all indicates to me that there is an instant selloff after buyins at .34, selling all they´ve got to buy below ticker and are able to sell soon, below .37 it now seems. I´m laddering my buys and anything I get, I set instantly back to market for upwards moves to sell. Now that we reached SUPPORT (edited) here, I remove all my buy orders downwards until closer to .25 and wait and see which decision market makes. Reminds me of september 20 - 21 but other direction, when price held steadily at .45 before sudden spike to .75 in 3 hours.This could continue fast.
    When I am building long positions, by setting sell orders 1 - 2 cents or 5 - 10 cents higher means I am part of the market and make it harder for any upspikes to happen without prior notice and it helps "feel the pulse" much better. If there are no buyers at this level, there definitely is need to push it lower below .32.
    Next strong support if this won´t hold here, is around .25, since we now know any downward pressure takes us well below .32 
     
  13. Like
    johnlogan reacted to Raekwon in STAY STRONG!!!   
    LOL, that is hilarious. Says a lot about these 589 moonboys.
  14. Thanks
    johnlogan reacted to Defcon_1 in STAY STRONG!!!   
    This crypto market is the great leveler - all the pompous posturing and nonsense results in nothing more than tossing darts at a board.
  15. Thanks
    johnlogan reacted to BeSeriousXRP in Is everybody aware of:   
    Drops mic. I rest my case.
  16. Thanks
    johnlogan reacted to strikerjax in So Monday we Go Up - 1 dollar (on Monday)   
    Looks like we are headed to hit .15 first.
  17. Like
    johnlogan got a reaction from GiddyUp in Is crypto dead?   
    Why do new technologies like crypto tend to bubble up? Because it’s very hard to value a new technology’s intrinsic value using traditional valuation methods (present value of discounted future cashflows) as they generally don’t generate any cashflows until very far into the future. In the case of XRP this becomes even more difficult as many of them will never generate cashflows and yet will nevertheless be incredibly valuable.
     
    HODL
  18. Haha
    johnlogan got a reaction from BecomeRich in What is the longest you are willing to HODL?   
    Too many nights in farang drinking cliques will do that to you! 
  19. Like
    johnlogan got a reaction from BecomeRich in Is crypto dead?   
    Why do new technologies like crypto tend to bubble up? Because it’s very hard to value a new technology’s intrinsic value using traditional valuation methods (present value of discounted future cashflows) as they generally don’t generate any cashflows until very far into the future. In the case of XRP this becomes even more difficult as many of them will never generate cashflows and yet will nevertheless be incredibly valuable.
     
    HODL
  20. Like
    johnlogan reacted to TheXRPer in This guy so far is spot on, must watch.   
    I would love to see their Linkedin pages. That way I can see what their credentials are, besides beta males that stay home and watch the kids or play Battlefield 5+. 
  21. Like
    johnlogan reacted to nicktemple in This guy so far is spot on, must watch.   
    What people need to understand is he is not in crypto, he is a forex trader, the only reason he analysised BTC was case a lot of his followers asked him to do so. It's an unbiased opinion baseded on TA. If you want to see his history check out his YouTube channel, he has some very insightful information when it comes to trading. 
  22. Like
    johnlogan got a reaction from BecomeRich in are we going up   
    Invest $1 mill now and enjoy big profits when we hit 75cents. 
  23. Like
    johnlogan reacted to Cryptsycrackers in What is the longest you are willing to HODL?   
    Thailand is basically one of the easiest places in the world to rent cheaply too.  He ****** up big time.
  24. Like
    johnlogan reacted to Defcon_1 in This guy so far is spot on, must watch.   
    On July 8, 1932 the DOW closed at $41.  The crypto market is not sacred by any means.  Anything can happen here.
  25. Like
    johnlogan reacted to ChuckN in Ouch!!! BTC Mining is down   
    Nonsense. I'm sure "Most" on this forum who are actually invested would prefer see their investment appreciate.
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