Radical “to the moon” thread

noticed this earlier today. probably a good idea. starting to doubt this will be solved in 2019.

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I’m happy for them to take the time to do this properly - its important.

The TM debate, its public mess & the way ECC/ZFnd worked through it were important lessons. They’re both passionate about Zcash, prepared to do whatever it takes to defend it (even from each other!), and now they know how to work together when that gets difficult.

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completely agree! 20

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Yeah still think we’re headed to like 12 bucks even if its for a split second.

When? I get my orders ready😏

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Oh man with this BTC short (assuming BTC poo poo pee pees itself also) I could like buy so much ZEC. Dont do this to me Im going to get so greedy with the price and miss the bottom :smile:

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BTC 1.618 is around 2400…so if I was short I’d be looking to cover around there.

Are you sure you didnt turn the retrace tool upside down which top/bottom are you looking at? My cover target is 7.5k - 6.5k though I will look for signs of divergences. at 7.5k I would have captured a 21% move and that would give me 52.5% profit at this leverage. I have so far captured 6.9% of the move down this is a little under 18% unrealized profit. The point of this strategy is to capture as much of the move down as you can. So you draw the Fibonacci extensions from the last top to the last bottom and wait for the price to enter the box between 0.618 0.7 fib. From here you are positioned to capture much more of the move down then if you shorted instantly. Look you can see the 9600 candle wick which I based my trade on. It just barely wicked over the 0.618.! This method of trading is extremely powerful during corrections. And oh man what a perfect trade everyone was screaming LOL and n00b in tradingview chat just the way I like it. Price never rose above my sell target the trade was green all the way. And becoming greener as we speak. :slight_smile:

I really can’t decide if this is more or less risky than chainsaw juggling - but I wish you luck!

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I am extremely lucky. Some very weird things happen to me. When a local supermarket chain was switching owners they had a promotion and didnt charge every 40th customer. That night I went to that shop twice and got picked twice for free groceries.

Also there was TAXI service lottery where the first prize was a holiday and the second prize was the TV set. I won the tv set twice in a row six months apart.

The first time I gambled I played blackjack online I won $2000 took the money and never gambled again in my life. This was 20 years ago and gold was under 300 an ounce so it was much more money than today.

So yeah I seem to have extremely good karma. And now I can buy 18% more ZEC.

If you dont beleive me take a look what is in the golden short zone from the ATH. A perfect entry to ride this bulltrap.

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2 grand is also the 4 year trend line but I doubt we get there.

Well the weekly has never been oversold if that’s any indication for potential downward movement

I’m actually wondering if this recent run up was just a bunch of short covering as indicated by lackluster buy volume.

I bet it will💪

Lol dude thats just me :slight_smile: Ive been following @kek advice and searching and spicing $zec #zec up on twitter a little :slight_smile:

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But the text is true, most true is the halo part! Even if its you😉
Edit: good job spicing works🙂

I fear October 2020 is overly optimistic for such a big protocol change to be implemented fully, but significant movement in the right direction will exaggerate the price increase which will come regardless. Could even be significantly overpriced in at that time. You know when something goes parabolic people start doing stupid things with money.

My greatest fear is BTC deciding to enter bear market on the yearly. Lets hope that doesnt happen because I fear even 100% of the coming supply being emitted would not be enough to fund the ECC znd ZF under those conditions. Unless some miracle happens and ALTS totally decouple with BTC.

Contrary to the rosy story being told bear markets are not meant to root out scams. Plenty of great companies died during the tech crash and plenty of decent hard working people have lost a lot. If one were using a bear market to kill the scam coins it would be the equivalent of throwing hand grenades to deal with your cockroach infestation.

The ZFND has funding at current levels for the next 5 years. It is why the bankruptcy part of the contract is so important and really well worked out.

I know nothing about law, but a friend of mine lectures in corporate law and he said its smart. the trademark is effectively a nonrecoverable asset by any creditors of either company. (it also stops one company declaring bankruptcy to avoid arbitration.) - NONE OF THIS IS LEGAL ADVICE!

@joshs @acityinohio :slight_smile:

Oh, what I am talking about is this yearly BTC candle closing below $3000. BTC has been in a bull market for its entire existence when looking at yearly candles and we can only hope that doesnt change this year. If that happens the only logical place for the price is to test the previous ATH of $1200. If ZEC keeps loosing value faster than BTC, which is what it is doing though at a decreasing velocity, It could only be worth a couple of bux. This would not be enough to fund the current development team. That kind of move would bury most crypto projects.

As a side note, LOL even the people that call it zcrash are posting bullish ideas on tradingview.