You could go buy just about any shit coin out there and make money right now. That is that state of the market. While haejin's analysis may be good compared to other crap chart pushers, it is mostly senseless crap. While the bull market plays a role, the countless minions, like you, he has following him and buying these coins is more in line with pump and dumping.
I can't, for the life of me, figure out why there is so much animosity towards @Haejin. If markets are truly a representation of human sentiment and psychology - as it certainly appears that they are - then even more valuable than someone pushing coins and offering chart opinions is someone who can steady the ship of emotions. I find that Haejin's analyses encompass an element of psychology and even spirituality that helps to build confidence in a wild, wild market.
Yes, for sure, an unprecedented bull run in a relatively new market can make most things look shiny and profitable, but his candor about past failures and willingness to teach based on his 20 years of experience make him a valuable contributor to Steemit. I know that I have learned a lot about chart pattern recognition and am now able to do basic analysis on my own. This is extremely valuable to me.
If there is a problem with the allotment of rewards, I really think it is a fault of the system. I see no indication of him being ruthless and exploiting this platform intentionally. If he is posting multiple updates and whales are upvoting it, so be it. Isn't that their choice to make? If there is supposed to be a maximum number of posts within 24 hours, then maybe there should actually be a limit built into the system, where you can't actually post if you have exceeded it.
I just find it upsetting that things have gotten so contentious and I wish the best for everyone.
Completely agree with you on this.
He exploits it. He receives $300 worth or rewards before his content can even be viewed (ie 20 min video and rewards within 1 min of posting). It is the same people he supports and it is just one massive circle jerk.
But going beyond that, he censors anyone that challenges him. I spoke out about the BTC downturn at the beginning of the year - I get flagged. I call him out for suggestion alts are going to "explode" while his on BTC is showing a massive correction - I get flagged. So in that say 3-4 weeks span where he was brutally wrong and was at a massive loss he received 10's of thousands in payouts, while people like myself got $0 because he flagged us enough to lose rewards. We were right, he was wrong. Does that mean he needs to share rewards or I deserve a bunch of money, NO, but it does prove that his flags were unwarranted (they weren't even if i was wrong, I wasnt being rude or insulting him at the time).
I finally got my rep back up to 40 after him and Starjuno destroy it. I disagree with what he is doing to the platform - again back to -1 rep for me.
Then even further, he has the friggin nerve to play the victims card in his blog about how people flag him. Yet he goes and flags minnows to death for anything that goes against his TA. He even was in a thread complaining about someones $15 rewards because it was spam. Meanwhile he posted a nearly identical BTC chart a several times over a couple days for over $1,000.
Thank-you for sharing. I think that part of the confusion comes the distinction of what is an inherent pattern versus what is an emerging pattern. In my opinion, speaking about emerging patterns as if they were inherent patterns can lead to confusion. Where are the inherent patterns on a day like today? Is Haejin making less growth predictions today and why is he not posting on inherent patterns of the decline? I look forward to following more on this and the meta analysis of @haejin (will this meta-analysis have any patterns?) : where are the patterns?
I was one of the many calling him out for the explosion of alt posts he had around new years and going into January. It was only after dozens of us challenged him about it that he finally stopped posting about explosions.
Of course, for me being right - He flagged me to death which is why i am now sitting at -1 for the second time in a few months.
Like Spreadcoin? A dead coin. Who could have just guessed that? Haejin's picks have made me money.
There may be something to noticing the coins that are consolidating and ready for a bounce but the market cap has steadily risen all throughout 2017 pushing most coins up, eventually. Even with the call on Ripple, the news was piling up, it was bound to make a move up. Could this also be simply read from the charts? In all fairness , possibly, but it should be confirmed with fundamental analysis.
Most of those calls were made from 1-4 months ago, good try though.
Not to mention the fact that every coin exploded in Nov-Dec. You literally couldn't have lost money except maybe on 1% of the coins in existence.
This issue also isn't if it's accurate or whatever. It is about how much of the pool he received vs everyone else. I am sure you know that. That was mainly for OP.
again shouldn't that be aimed at the system not at the person??same rules for everybody.and if people focus more on how much somebody gets for their posts rather than improving their own not much of a future for steem as it will become a very sad talentless place.
as to all coins nearly gaining value yes but not at the same time and jumping from one to another following heajins advice and my own market knowledge was just awesome I am literally collecting my yacht(a cheap 2nd hander but none the less) at the end of the month after investing £80 end of November and if you dont believe me i can post my trading history thought its about 10 pages long for each exchange i use for that period.
why does everyone have a problem with him
jealousy if you meant heajin
being a wanker if you mean Sanders
If Donald Trump tells his flock of idiots that littledick coin is going to hit $40k tonight.... the flock of idiots goes and buys littledickcoin and littledickcoin hits $40k. Then he says, "kaboom!"
It indeed is a public pump-and-dump.
self fulfilling prophecies?if so how did it it start that people follow his advice?for no reason?