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Anonymous ID: 30ffd2 May 23, 2021, 11:25 p.m. No.13740551   🗄️.is 🔗kun   >>0555 >>0558 >>0566 >>0616 >>0653 >>0666 >>0677 >>0739 >>0871

 

anyone else this as very amusing

 

https://www.forbes.com/sites/billybambrough/2021/05/23/bitcoin-has-crashed-whats-next-after-the-extreme-fear-50-price-plummet/?sh=602a1f043b54

May 23, 2021,06:30am EDT|111,012 views

 

Bitcoin Has Crashed: What’s Next After The ‘Extreme Fear’ 50% Price Plummet?

 

Billy Bambrough

Billy BambroughContributor

Crypto & Blockchain

I write about how bitcoin, crypto and blockchain can change the world.

 

Bitcoin investors have been rocked by a price crash that's wiped more than 50% from bitcoin's all-time high.

 

The bitcoin price, after nudging $65,000 per bitcoin in April, dropped to just under $30,000 this week before rebounding slightly, falling after Tesla billionaire Elon Musk expressed doubts about bitcoin and fear gripped the market China could crack down hard on bitcoin operations in the country.

 

Now, as bitcoin market sentiment plummets to lows not seen since the March 2020 coronavirus-induced crash that sent the bitcoin price to around $4,000, traders and investors remain upbeat that a recovery is on the horizon.

This week, the bitcoin and crypto fear and greed index, where a value of 0 means "extreme fear" while a value of 100 represents "extreme greed," fell to 11—down from over 90 earlier this year.

 

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The index, calculated by Germany-based software comparison company Alternative using market volatility, volume, social media sentiment, media trends and bitcoin's dominance over the market, currently suggests "investors are too worried," which "could be a buying opportunity."

 

Despite the bitcoin price crash and the fear that's currently gripping the market, many in the bitcoin and crypto community feel this correction is a "healthy" rebalancing, needed for the market to move higher over the long term.

 

"The large falls in valuations seen this week are, in one way, healthy as they enable the market to clear excess speculative positions and consolidate before its next phase of expansion," Anatoly Crachilov, the chief executive of investment manager Nickel Digital, said via email, pointing to bitcoin's "122% gain from the beginning of the year" through to April.

 

"We have seen this pattern time and again across multiple cycles and expect this to remain in place until the market matures and achieves a larger involvement of institutional capital."

 

The bitcoin price rally over the last few months has been partly driven by the long-awaited emergence of institutional investors, with bitcoin traders upbeat this latest crash won't have diminished Wall Street interest in bitcoin.

The bitcoin and crypto fear and greed index has dropped to its lowest since March last year amid a … [+] ALTERNATIVE

"We see the current price volatility and speculation as a short term correction in a booming market," Varit Bulakul, president of investment banking and digital assets at financial consultancy and capital management company Brooker Group, said in emailed comments.

 

"This sharp dip, brought on by bitcoin’s nosedive, highlights the critical need for asset diversity and a well-researched investment portfolio. After a strong bull run, companies and funds that over leveraged on bitcoin alone will now have confused shareholders and board members to answer to."

 

Bitcoin analysts point to previous crashes and recoveries to support their belief the bitcoin price will bounce back. Following bitcoin's late-2017 peak of around $20,000, the bitcoin price lost almost 90% of its value in the following year before charging far higher at the end of 2020 and into 2021.

 

"Crypto has had a breathtaking run over the past couple of quarters, so a strong pull back and consolidation now isn't surprising—it's what we've seen in all other previous bull markets," Pete Humiston, manager of Kraken Intelligence, part of the U.S. bitcoin and crypto exchange Kraken, said in comments sent via Twitter DM.

 

cont:

Anonymous ID: 30ffd2 May 23, 2021, 11:26 p.m. No.13740555   🗄️.is 🔗kun   >>0558 >>0566 >>0677 >>0739 >>0871

>>13740551

.

Crypto Fear & Greed Index

 

Each day, we analyze emotions and sentiments from different sources and crunch them into one simple number: The Fear & Greed Index for Bitcoin and other large cryptocurrencies.

 

Why Measure Fear and Greed?

crypto market behaviour is very emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in irrational reaction of seeing red numbers. With our Fear and Greed Index, we try to save you from your own emotional overreactions. There are two simple assumptions:

 

Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.

When Investors are getting too greedy, that means the market is due for a correction.

Therefore, we analyze the current sentiment of the Bitcoin market and crunch the numbers into a simple meter from 0 to 100. Zero means "Extreme Fear", while 100 means "Extreme Greed". See below for further information on our data sources.

 

Data Sources

We are gathering data from the five following sources. Each data point is valued the same as the day before in order to visualize a meaningful progress in sentiment change of the crypto market.

 

First of all, the current index is for bitcoin only (we offer separate indices for large alt coins soon), because a big part of it is the volatility of the coin price.

But let’s list all the different factors we’re including in the current index:

 

Volatility (25 %)

We’re measuring the current volatility and max. drawdowns of bitcoin and compare it with the corresponding average values of the last 30 days and 90 days. We argue that an unusual rise in volatility is a sign of a fearful market.

 

Market Momentum/Volume (25%)

Also, we’re measuring the current volume and market momentum (again in comparison with the last 30/90 day average values) and put those two values together. Generally, when we see high buying volumes in a positive market on a daily basis, we conclude that the market acts overly greedy / too bullish.

 

Social Media (15%)

While our reddit sentiment analysis is still not in the live index (we’re still experimenting some market-related key words in the text processing algorithm), our twitter analysis is running. There, we gather and count posts on various hashtags for each coin (publicly, we show only those for Bitcoin) and check how fast and how many interactions they receive in certain time frames). A unusual high interaction rate results in a grown public interest in the coin and in our eyes, corresponds to a greedy market behaviour.

 

Surveys (15%) currently paused

Together with strawpoll.com (disclaimer: we own this site, too), quite a large public polling platform, we’re conducting weekly crypto polls and ask people how they see the market. Usually, we’re seeing 2,000 - 3,000 votes on each poll, so we do get a picture of the sentiment of a group of crypto investors. We don’t give those results too much attention, but it was quite useful in the beginning of our studies. You can see some recent results here.

 

Dominance (10%)

The dominance of a coin resembles the market cap share of the whole crypto market. Especially for Bitcoin, we think that a rise in Bitcoin dominance is caused by a fear of (and thus a reduction of) too speculative alt-coin investments, since Bitcoin is becoming more and more the safe haven of crypto. On the other side, when Bitcoin dominance shrinks, people are getting more greedy by investing in more risky alt-coins, dreaming of their chance in next big bull run. Anyhow, analyzing the dominance for a coin other than Bitcoin, you could argue the other way round, since more interest in an alt-coin may conclude a bullish/greedy behaviour for that specific coin.

 

Trends (10%)

We pull Google Trends data for various Bitcoin related search queries and crunch those numbers, especially the change of search volumes as well as recommended other currently popular searches. For example, if you check Google Trends for "Bitcoin", you can’t get much information from the search volume. But currently, you can see that there is currently a +1,550% rise of the query „bitcoin price manipulation“ in the box of related search queries (as of 05/29/2018). This is clearly a sign of fear in the market, and we use that for our index.

 

Disclaimer

No Investment Advice

The information provided on this website does not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Alternative.me does not recommend that any cryptocurrency should be bought, sold, or held by you. Do conduct your own due diligence and consult your financial advisor before making any investment decisions.

https://alternative.me/crypto/fear-and-greed-index/

 

cont:

Anonymous ID: 30ffd2 May 23, 2021, 11:26 p.m. No.13740558   🗄️.is 🔗kun   >>0566 >>0677 >>0739 >>0871

>>13740551

>>13740555

 

Same writer 13 days ago

May 10, 2021,08:10pm EDT|30,199 views

Why Bitcoin Could Rocket To A $250,000 Price Within Five Years

Billy Bambrough

Billy BambroughContributor

Bitcoin, after surging at the beginning of the year, has plateaued over the last couple of months.

The bitcoin price nudged $65,000 per bitcoin in April before falling back slightly—with other, surprising cryptocurrencies stealing the limelight.

Now, the chief investment officer of hedge fund Morgan Creek Capital Management has predicted the bitcoin price could soar to $250,000 within five years, arguing bitcoin "is going to become the base layer protocol for the internet of value."

"It’s just about network adoption and increased usage," Mark Yusko told CNBC. "This is a network and networks grow in an exponential way. This is the fastest network in history to a trillion dollars of value."

Yusko argued that the bitcoin price could rally to $250,000 per bitcoin token—a price that would make the bitcoin market capitalization around $4 trillion—comparing it to gold.

 

"What people miss is this is a technological evolution of computing power that isn’t going away," Yusko said. "It is a powerful computing network that is going to become the base layer protocol for the internet of value."

 

This year, Tesla billionaire Elon Musk and other high-profile investors have whipped the bitcoin and wider crypto market into a speculative frenzy, helping the bitcoin price to soar by around 450% since its latest bull run began in October.

 

The rally was sparked by PayPal announcing its support for a handful of cryptocurrencies and further boosted by the emergence of long-awaited institutional adoption.

In the meantime, bitcoin traders and investors have begun to nervously eye bitcoin charts after its rally slowed.

 

"Bitcoin has lost its short-term upward momentum," Pankaj Balani, the chief executive of Delta Exchange, said in emailed comments, warning traders should watch for a fall under $50,000.

 

"Any move below $50,000 in bitcoin will lead to a sharp increase in market volatility and all crypto assets including bitcoin and ethereum should move lower. Traders should keenly watch the $60,000 level as major resistance in case of any bull trap rally."

Anonymous ID: 30ffd2 May 23, 2021, 11:35 p.m. No.13740616   🗄️.is 🔗kun   >>0653 >>0666 >>0677 >>0739 >>0871

>>13740551

 

https://alternative.me/crypto/fear-and-greed-index/

 

 

Oct. 24, 2019 FEAR was 33

 

now that right there is kek

 

they were so fearful

 

 

Today May 23, 2021

it is WORSE

10 EXTREME FEAR

 

 

 

Next Update

The next update will happen in:

17 hours, 17 seconds, 17 seconds

 

kek

Anonymous ID: 30ffd2 May 23, 2021, 11:52 p.m. No.13740691   🗄️.is 🔗kun   >>0709 >>0717 >>0718 >>0722 >>0739

>>13740678

 

When Your Money Fails Paperback –

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by Mary Stewart Relfe (Author)

 

"This book will prove to you beyond a shadow of a doubt that we are in the last moments of time. It is a catalog of fascinating facts. This extraordinary and explosive Handbook Of The End Time may wee be the means of the preservation of you and your family." - Rev Simon Peter Cameron. * Date U.S. plans to insert Mark on body. * The Head/Hand Scan Machines are ready! * Learn how YOU and others are Now using the "^^^ SYSTEM," including Mastercard, Visa, Sears, Pennys, Belks, Supermarkets, U.S. Government, European Common Market, Sadat, etc. — from book's back cover

Anonymous ID: 30ffd2 May 23, 2021, 11:57 p.m. No.13740709   🗄️.is 🔗kun   >>0718

>>13740691

 

 

4.0 out of 5 stars Like throwing Holy Water on the Possessed !

Reviewed in the United States on June 16, 2011

Verified Purchase

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This book has been my most powerful tool to separate the wheat from the chaff over the years.

If it were not for talk radio shows like Coast to Coast and people like Mary Relfe & Jim Marrs writing books that shine the light of truth on these Satan worshiping rats. We would already be chipped slaves of the 4th Reich.

Anonymous ID: 30ffd2 May 23, 2021, 11:58 p.m. No.13740718   🗄️.is 🔗kun

>>13740709

>>13740691

 

Reviewed in the United States on January 12, 2016

I read this book when I was 21 and didn't know much about money, life, the world. But I remembered the main predictions she made, and over the next 30 plus years, I would recognize them slowly coming true. This weekend, after a friendly discussion about world economics, I again thought about this book. I dug it out and am rereading it. It's heavy on the biblical, but if you can suspend judgement about that, the essence of what she talks about is even more astounding when you realize when it was written, most things she predicted have already come to pass, and there is more to come.