Bitcoin Forum

Economy => Speculation => Topic started by: kwukduck on October 16, 2015, 06:21:58 PM



Title: Don't get tricked
Post by: kwukduck on October 16, 2015, 06:21:58 PM
I  would like to warn everyone not to get tricked into buying the latest pump and dump.
It's already going down hard as I write this message. I suspect we will end even lower than where we started earlier this week.

Just another dead cat bounce like every other run up the past two years. Don't lose your real money!


Title: Re: Don't get tricked
Post by: cellard on October 16, 2015, 06:40:55 PM
Who in hell cares about 260 or 160 anyway. If you aren't here to hold at least 10 years you are mentally impaired, so anyone that is here for the long run is not going to care about the price fluctuations in a market which has a tiny marketcap. The technology is there, it's getting better. Sidechains are coming. Anyone that isn't buying monthly is missing the point. All of this shit of ups and downs is noise.


Title: Re: Don't get tricked
Post by: BitcoinNewsMagazine on October 16, 2015, 06:56:03 PM
Just ignore kwukduck (https://bitcointalk.org/index.php?action=profile;u=654;sa=showPosts) he is a permabear. If you followed his advice you would have missed out on this leg up.


Title: Re: Don't get tricked
Post by: kwukduck on October 16, 2015, 07:15:51 PM
Just ignore kwukduck (https://bitcointalk.org/index.php?action=profile;u=654;sa=showPosts) he is a permabear. If you followed his advice you would have missed out on this leg up.

I'm not a permabear. I'm a realist. I recognize obstacles and flaws in the current protocol and ecosystem. As long as those issues are not addressed there is not a lot of room for bitcoin to break the long going trend.


Title: Re: Don't get tricked
Post by: Dilla on October 16, 2015, 07:30:51 PM
Too bad we broke it, tested it, and broke it again.


Title: Re: Don't get tricked
Post by: gogxmagog on October 16, 2015, 09:06:48 PM
It's just a false bump. People are restless and thoughts of next years halving plus all sorts of positive media is causing some money to rush in. It will not last, but will rally again next year and bubble like crazy right when it halves.
Then btc will be seen as this reliable money making investment, every halving it will be guaranteed to explode then everyone will want some. We will then see growth Exponentially every halving. A powerball of market sentiment

If it does explode of course


Title: Re: Don't get tricked
Post by: NorrisK on October 16, 2015, 09:16:07 PM
Funny how a tiny retrace is a massive dump in your book..

The same movements have already happened a couple of times this week. We still have a lot of room for growth imo.