Silence of The Lambs. Was The Dump On Charts, Sir? by acesontop

View this thread on: hive.blog | peakd.com | ecency.com

hive-167922 · @acesontop · Oct 27 '21 (edited)

$14.68

Silence of The Lambs. Was The Dump On Charts, Sir?

It is amazing to see how much confidence some people have in their charts and lines drew in an app and how sure they are the crypto market is going to follow their lines. Twitter is full of such gurus and I'm starting to unfollow them. Why?

Because they fail at what they're doing, the majority not all of them of course, and they don't seem to have the balls of coming out and admitting their wrong either. I don't do TA, I appreciate those who do it, because I feel like you need a lot of work and effort to be able to read these charts, but I believe Bitcoin is no longer predictable from that matter.

Neither do alts. Almost none of the narratives that I've read on twitter a few days ago is still valid. None. There were folks saying that once BTC closes above $60,000 on the weekly we will never have it at under $60,000, plenty of them were saying the dominance will skyrocket once BTC passes its previous ATHs and here you have it... it's 42.9%.

![istockphoto1133753759612x612.jpg](https://i.imgur.com/927pi4E.jpg)
[image source](https://www.google.com/imgres?imgurl=https%3A%2F%2Fmedia.istockphoto.com%2Fvectors%2Flift-up-falling-graph-vector-id1133753759%3Fk%3D20%26m%3D1133753759%26s%3D612x612%26w%3D0%26h%3DSYPkGOPj4fiY97tN_zscBNaPSdwAyixKSKo1fU6_KBk%3D&imgrefurl=https%3A%2F%2Fwww.istockphoto.com%2Fphotos%2Fstock-market-down&tbnid=U4nbQIM6gQ-L_M&vet=12ahUKEwj0vOHc0OrzAhUG44UKHQ6_DVIQMygVegUIARDrAQ..i&docid=fLpbptl3DqzxxM&w=612&h=408&q=market%20down&ved=2ahUKEwj0vOHc0OrzAhUG44UKHQ6_DVIQMygVegUIARDrAQ)

I don't see any 55% dominance for BTC anywhere. We will probably never have it again, as altcoins backed by good projects are sucking up capital and the good old times of Bitcoin are gone. Crypto is no longer just about Bitcoin and it's no longer just about trading. It was also supposed that BTC would take a breather and alts would start their show, but as you can see on the charts they all got hammered today.

Nothing that was on forecasts has been accomplished. That simple...

Crypto twitter is also very silent today... Every one is hiding behind their turned off screens and waiting for pumps so they can once again become public with their charts and predictions. The reality is that there are too many metrics influencing the market that fibonaccis and WMAs and whatever they use are no longer predicting anything right.

I simply don't know what's going to happen in the market in a week from now, or tomorrow, all I know is that crypto is no longer a wild west currency/asset. It gains real life use case, leaders of the world are taking notice of it and it's life changing. Blockchain technology and cryptocurrency are probably our last weapons to fight the tyrannical system right now.

That matters way more than any full of drew lines chart for me atm... That simple. Oh, if anyone reading this post has any clue on why has the market dumped(aside from overleveraged positions needing to get liquidated), please enlighten me. I don't seem to find any reasoning coming from the crypto gurus on twitter on this matter...

*Thanks for attention,*
*Adrian*

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👍 ezrider, pouchon, intothewild, danielsaori, zuerich, taskmaster4450le, ssjsasha, xels, dalz, jgullinese, pishio, therealyme, whatsup, vlemon, chorock, k4r1nn, steemflagrewards, josediccus, adambarratt, empoderat, toofasteddie, fotostef, successforall, netaterra, stortebeker, jk6276, bozz, lbi-token, trasto, dylanhobalart, ecoinstats, hitmeasap, fabian98, olebulls, scaredycatguide, pouchon.tribes, gualteramarelo, megavest, jelly13, src3, iikrypticsii, oldtimer, ew-and-patterns, captainquack22, ro-witness, sbi2, lion200, votehero, smartmeme, bozz.sports, steem-on-2020, thelogicaldude, hivelist, kryptik.tigrrr3d, drax.leo, underground, mayor333, we-are-lucky, trumpman2, luppers, apoloo1, drricksanchez, summertooth, fatman, and 72 others

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@drax.leo · Oct 29 '21

$0.08

That reminds me of my favourite film-related quote. "Nobody knows anything" by famous screenwriter William Goldman, used in *Adventures in the Screen Trade*, his famous (and controversial) book of memoirs. It perfectly explains certain business decisions in Hollywood, but it could be applied to much of Crypto Twitter and crypto influencers.   

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@drax.leo/re-acesontop-3lrey9)

👍 acesontop

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@acesontop · Oct 29 '21

Knowing that you don't know anything is far superior to claiming you know...

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@acesontop/re-drax-leo-2tc5hn)

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@fabian98 · Oct 28 '21

That's true, when all the numbers are green everybody becomes an expert (including me) but when the numbers are red and the falls are worse than predicted, nobody talks (including me).

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@fabian98/re-acesontop-62lpar)

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@gangstalking · Oct 27 '21

Electronic-terrorism, voice to skull and neuro monitoring on Hive and Steem. You can ignore this, but your going to wish you didnt soon. This is happening whether you believe it or not. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism

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@gangstalking · Oct 27 '21

Electronic-terrorism, voice to skull and neuro monitoring on Hive and Steem. You can ignore this, but your going to wish you didnt soon. This is happening whether you believe it or not. https://ecency.com/fyrstikken/@fairandbalanced/i-am-the-only-motherfucker-on-the-internet-pointing-to-a-direct-source-for-voice-to-skull-electronic-terrorism

👎 spaminator

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@josediccus · Oct 27 '21

$0.09

Nowadays I believe no one can actually predict the market right, I feel these days everyone should take responsibility for their actions. These gurus too are mere speculators, nothing certain. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@josediccus/re-acesontop-41rqps)

👍 acesontop, underground

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@acesontop · Oct 27 '21

True. Nobody knows...

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@acesontop/re-josediccus-2dgty2)

👍 admiralbot

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admiralbot	0 B		3,762,478,751	65%

@underground · Oct 27 '21

👆this👆

Most are trying to gather followers so they can sell, IMO.

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@oldtimer · Oct 27 '21

$0.22

A lot of gurus on Leofinance and Cub discord as well. Most of the time they're wrong of course. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@oldtimer/re-acesontop-4tjewj)

👍 vlemon, acesontop, underground

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@acesontop · Oct 27 '21

I don't use discord. I mean I rarely use it, but twitter is full of such gurus.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@acesontop/re-oldtimer-4vfrsb)

👍 underground

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@underground · Oct 27 '21

$0.48

It's called: 'wi$h in one hand, $h!t in the other...' 

# 💩

👍 anthonyadavisii, vlemon, oldtimer, thepobgoblin

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@vlemon · Oct 27 '21

I did not know that one but will save it for sure !

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@vlemon/re-underground-6mcqft)

👍 underground

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properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
underground	0 B		13,649,825,766	100%

1 reply

@vlemon · Oct 27 '21

Well as long as they HODL these bags "It's going to X10". Once they sold'em is another story

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@vlemon/re-oldtimer-76k4o2)

👍 underground

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@toofasteddie · Oct 27 '21

$0.07

The best is always to do your own assessment, believe me, and be confident with your own decisions.

👍 acesontop

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properties (23)vote details (1)

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@acesontop · Oct 27 '21

$0.16

I find it annoying when some personalities on CT come with all sort of predictions and claim and when the market does "what it does" they're completely silent. They could at least admit that it's failed...

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@acesontop/re-toofasteddie-7whfsq)

👍 toofasteddie

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toofasteddie	0 B		138,264,546,935	28%

@toofasteddie · Oct 27 '21

Agree, I follow only a few there that demonstrate good analytics skills and, on top of anything, try to educate the people in an altruist way...
btw, look what I posted just before the market colapse (LOL)

![image.png](https://files.peakd.com/file/peakd-hive/toofasteddie/23tmmT4FU6CAjadKWndVVMe59TPay3xviL8Bj6N1ANJ2zxc4SeTCJFVLZQWPFa7fRQWZ6.png)

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1 reply

@whatsup · Oct 28 '21

I have a lot of opinions on a lot of things, and I think BTC has another major run coming, but I am not sure about dominance.  I think ETH and some other projects close the gap, but of course we will not know for sure until this bullrun is over and we head back to Alt Season, and sadly bear season after that.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@whatsup/re-acesontop-lxt43)

properties (22)

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@williamtboy · Oct 27 '21

BTC get upto 58k today. For now we don't know if it will continue on bull side or bear side. We will wait for it to form a strong support to continue on bullish trend or a bearish trend.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@williamtboy/re-acesontop-4nlrlb)

properties (22)