Bitcoin Forum

Economy => Speculation => Topic started by: piramida on August 26, 2014, 05:21:12 PM



Title: OMG sell now before it is too late we are going to zero!
Post by: piramida on August 26, 2014, 05:21:12 PM
Yes, look at this, definitely euro is doomed! Sell all now before it is too late! Don't fall for any dead cat bounces!

https://i.imgur.com/zmr8vVr.png


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: realdope on August 27, 2014, 12:25:39 PM
Damn, selling all my pesky USD.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: zeroday on August 27, 2014, 12:34:03 PM
OMG, we are doomed! WW3 is coming! Sell fiat buy food conserves !!!


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: JimboToronto on August 27, 2014, 01:54:09 PM
Sell all now before it is too late! Don't fall for any dead cat bounces!

You forgot to say "loose everything".


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: botany on August 27, 2014, 05:59:33 PM
Surprised that fallling hasn't made an entry into this thread yet.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: niktitan132 on August 27, 2014, 06:05:21 PM
EURO will go to zero.Panic selling!  ::) ::) ::)

And we are waiting fallling to post here his advice what to do,now...  :P


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: sidhujag on August 27, 2014, 06:08:30 PM
We all knew the EUR experiment would end.. as soon as Greece happened.. its spread but rotting from inside out. I expect EUR to go in the next few years.. might lead us to adopt bitcoin or something similar instead hopefully... one can hope.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: piramida on August 27, 2014, 06:12:56 PM
Sell all now before it is too late! Don't fall for any dead cat bounces!

You forgot to say "loose everything".

Correct, all euro bagholders will LOOSE everything! by the end of this year, they will only be able to decorate their rooms with the paper 500€ bills, so their intrinsic value is the same as a piece of colored paper - something around 100 satoshis per one! You wait until Draghi starts dumping his stash it won't be pretty!

I personally took my euro holdings and ordered pizza, good riddance! :)


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: PenAndPaper on August 27, 2014, 06:15:11 PM
Surprised that fallling hasn't made an entry into this thread yet.

Probably because "dead cat bounce" has been mentioned already...


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: ensurance982 on August 27, 2014, 06:46:34 PM
It's incredible how low the volatility is compared to currency/Forex trading. A couple tenths or hundreds of a percent already amount to a significant change in price in those markets. Bitcoin really is incredibly volatile compared to it.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: piramida on August 27, 2014, 06:56:35 PM
It's incredible how low the volatility is compared to currency/Forex trading. A couple tenths or hundreds of a percent already amount to a significant change in price in those markets. Bitcoin really is incredibly volatile compared to it.

forex is trading trillions, bitcoin millions, volatility relative to volume is not any different.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: sidhujag on August 27, 2014, 07:28:23 PM
Yup the day 1 satoshi equals 1 pip is the time we will have uber currency stability because every one will be transacting in the same base currency.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: kireinaha on August 27, 2014, 07:52:11 PM
Gotta love the logic in this forum. I show this place to my economics major friends at school sometimes and it always ends with us rolling on the floor laughing, gasping for air. So here's another gem:

Look guys, the value of the euro relative to the dollar has fallen THREE PERCENT this year, so that totally rationalizes the 60% drop we've seen in bitcoin so far relative to the dollar this year!!


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: counter on August 27, 2014, 08:17:30 PM
Yes, look at this, definitely euro is doomed! Sell all now before it is too late! Don't fall for any dead cat bounces!

https://i.imgur.com/zmr8vVr.png

Many thanks I needed a good laugh.  I was coming into this thread hot and you cooled me right down, ahaha!   ;D

Gotta love the logic in this forum. I show this place to my economics major friends at school sometimes and it always ends with us rolling on the floor laughing, gasping for air. So here's another gem:

Look guys, the value of the euro relative to the dollar has fallen THREE PERCENT this year, so that totally rationalizes the 60% drop we've seen in bitcoin so far relative to the dollar this year!!

I'm not sure what your saying is even remotely true but I find the thought intriguing and any more information you can give on the matter is much appreciated.  From my perspective your post is illogical but that could me misunderstanding the post or I just need more insight and details.  If you you could explain your thoughts further that would be appreciated.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: dropt on August 27, 2014, 08:42:14 PM
Gotta love the logic in this forum. I show this place to my economics major friends at school sometimes and it always ends with us rolling on the floor laughing, gasping for air. So here's another gem:

Look guys, the value of the euro relative to the dollar has fallen THREE PERCENT this year, so that totally rationalizes the 60% drop we've seen in bitcoin so far relative to the dollar this year!!

 :D :D :D  like the opinion of some "economics majors" at some C rate community college means anything.  Especially when they've chosen to associate themselves with you!  :D :D :D


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: kireinaha on August 27, 2014, 11:37:45 PM
Gotta love the logic in this forum. I show this place to my economics major friends at school sometimes and it always ends with us rolling on the floor laughing, gasping for air. So here's another gem:

Look guys, the value of the euro relative to the dollar has fallen THREE PERCENT this year, so that totally rationalizes the 60% drop we've seen in bitcoin so far relative to the dollar this year!!

 :D :D :D  like the opinion of some "economics majors" at some C rate community college means anything.  Especially when they've chosen to associate themselves with you!  :D :D :D

This is a very prestigious school, for your information. Everyone has heard about the failure of MtGox and the arrest of the Bitcoin CEO, but most of them have no idea that this forum exists. I showed it to my math teacher. He put on his reading glasses, laughed and then cleaned the glasses (perhaps he thought he was misreading) and then told me that this community strikes him as an "academic case of mass delusion".  :D


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: maker88 on August 27, 2014, 11:41:02 PM
Gotta love the logic in this forum. I show this place to my economics major friends at school sometimes and it always ends with us rolling on the floor laughing, gasping for air. So here's another gem:

Look guys, the value of the euro relative to the dollar has fallen THREE PERCENT this year, so that totally rationalizes the 60% drop we've seen in bitcoin so far relative to the dollar this year!!

 :D :D :D  like the opinion of some "economics majors" at some C rate community college means anything.  Especially when they've chosen to associate themselves with you!  :D :D :D

This is a very prestigious school, for your information. Everyone has heard about the failure of MtGox and the arrest of the Bitcoin CEO, but most of them have no idea that this forum exists. I showed it to my math teacher. He put on his reading glasses, laughed and then cleaned the glasses (perhaps he thought he was misreading) and then told me that this community strikes him as an "academic case of mass delusion".  :D

i think that about sums up the credibility of you and anyone at this 'prestigious school'.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: notme on August 27, 2014, 11:49:15 PM
Gotta love the logic in this forum. I show this place to my economics major friends at school sometimes and it always ends with us rolling on the floor laughing, gasping for air. So here's another gem:

Look guys, the value of the euro relative to the dollar has fallen THREE PERCENT this year, so that totally rationalizes the 60% drop we've seen in bitcoin so far relative to the dollar this year!!

 :D :D :D  like the opinion of some "economics majors" at some C rate community college means anything.  Especially when they've chosen to associate themselves with you!  :D :D :D

This is a very prestigious school, for your information. Everyone has heard about the failure of MtGox and the arrest of the Bitcoin CEO, but most of them have no idea that this forum exists. I showed it to my math teacher. He put on his reading glasses, laughed and then cleaned the glasses (perhaps he thought he was misreading) and then told me that this community strikes him as an "academic case of mass delusion".  :D

i think that about sums up the credibility of you and anyone at this 'prestigious school'.

Oh great CEO Mark Karpelès, why have you forsaken us?!?!


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: sidhujag on August 28, 2014, 12:26:35 AM
Gotta love the logic in this forum. I show this place to my economics major friends at school sometimes and it always ends with us rolling on the floor laughing, gasping for air. So here's another gem:

Look guys, the value of the euro relative to the dollar has fallen THREE PERCENT this year, so that totally rationalizes the 60% drop we've seen in bitcoin so far relative to the dollar this year!!

I dont think you get it.. and I dont think you get the idea behind bitcoin either neither do your peers.. so why are you here?


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: cypherdoc on August 28, 2014, 12:33:46 AM
i was a student long ago too.  how naive i was.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: Nrcewker on August 28, 2014, 04:45:57 AM
it's liar  :(


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: JimboToronto on August 28, 2014, 05:25:55 AM
Everyone has heard about the failure of MtGox and the arrest of the Bitcoin CEO

i think that about sums up the credibility of you and anyone at this 'prestigious school'.

Hey, show a little respect for prestigious MBA factories.

Who knows? Maybe after he graduates he'll become the CEO of the Bilderberg Group or the comptroller of the US dollar or at least a real Wall Street Trader, just like on TV.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: sgk on August 28, 2014, 06:05:01 AM
Yes, look at this, definitely euro is doomed! Sell all now before it is too late! Don't fall for any dead cat bounces!
You forgot the most important phrase "cut yourself loose before it's too late!"

... and the arrest of the Bitcoin CEO...
I didn't even know Bitcoin is a company and there's a Bitcoin CEO  :P


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: JimboToronto on August 28, 2014, 06:15:10 AM
You forgot the most important phrase "cut yourself loose before it's too late!"

I thought it was "loose everything".


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: piramida on August 29, 2014, 06:04:56 PM
Gotta love the logic in this forum. I show this place to my economics major friends at school sometimes and it always ends with us rolling on the floor laughing, gasping for air. So here's another gem:

Look guys, the value of the euro relative to the dollar has fallen THREE PERCENT this year, so that totally rationalizes the 60% drop we've seen in bitcoin so far relative to the dollar this year!!

 :D :D :D  like the opinion of some "economics majors" at some C rate community college means anything.  Especially when they've chosen to associate themselves with you!  :D :D :D

This is a very prestigious school, for your information. Everyone has heard about the failure of MtGox and the arrest of the Bitcoin CEO, but most of them have no idea that this forum exists. I showed it to my math teacher. He put on his reading glasses, laughed and then cleaned the glasses (perhaps he thought he was misreading) and then told me that this community strikes him as an "academic case of mass delusion".  :D

One free life lesson to you my friend, as someone who have completed a "very prestigious school" with various honors about 20 years ago. Nothing you learn at that school will have any relevance to the life later on. Nothing but the basic skill of learning new material quickly under pressure and performing analysis of big arrays of data. Everything else you are taught as a fact will turn out to be bullshit :) You are free to not believe me of course who am I to argue against a professor with glasses, but life will show you time and time again how extremely naive your academic approach will be.

And yeah, three percent move in a trillion dollar market is as impressive as a 30 percent move in a billion dollar one. Also, this topic was meant as a joke, I hope you meet a professor who can explain you that :)


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: crocko on August 29, 2014, 07:25:21 PM
still August, bear-shit everywhere


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: mark coins on August 30, 2014, 11:30:42 PM
the next big jump in Bitcoin price will happen when the next big bank failure
 or financial crisis happens


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: Omikifuse on August 30, 2014, 11:49:35 PM
First step, fiat crisis and political unstability

Second step: bitcoin/gold/silver/etc valuating.

Hope the Ukraine and the middle east keep being barrel of pure powder, so Bitcoin may moon, at least for some time.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: JLynn171 on August 30, 2014, 11:58:37 PM
any graph can be manipulated visually to make it look like anything u want over a short/long period of time the numbers really arent that major of change


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: piramida on September 04, 2014, 04:04:17 PM
And I told you but you did not listen! I am a falllling prophet who can say shit and then cry about it if the price moves 5% in my direction! So there, euro is doomed HAVE NOT I TOLD YOU SO!

https://i.imgur.com/fXBBNjc.png


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: SuperBitcoinUser on September 04, 2014, 09:40:06 PM
Ah yes, and the world will end, aliens will take over, russia will bomb europe into the sea, ISIS will take over all of Asia, Ebola will take over africa, and the US will collapse internally.

WE ARE ALL GOING TO DIE!!!!!!!



 ;D


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: minerpumpkin on September 04, 2014, 09:49:48 PM
And I told you but you did not listen! I am a falllling prophet who can say shit and then cry about it if the price moves 5% in my direction! So there, euro is doomed HAVE NOT I TOLD YOU SO!

https://i.imgur.com/fXBBNjc.png

When it comes to a regular currency, such a drop really is comparable to a 20-35% drop in Bitcoin land. I guess many Forex traders had a shock like Bitcoin traders do every other week for a change ;)


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: Spaceman_Spiff on September 04, 2014, 11:05:24 PM
Everyone has heard about the failure of MtGox and the arrest of the Bitcoin CEO
I do so hope that your friends, who you introduced to this forum to laugh with us, are now reading this thread to see you "get schooled".  Oh, the irony !  ;D. 


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: piramida on September 05, 2014, 05:56:44 AM
And I told you but you did not listen! I am a falllling prophet who can say shit and then cry about it if the price moves 5% in my direction! So there, euro is doomed HAVE NOT I TOLD YOU SO!

https://i.imgur.com/fXBBNjc.png

When it comes to a regular currency, such a drop really is comparable to a 20-35% drop in Bitcoin land. I guess many Forex traders had a shock like Bitcoin traders do every other week for a change ;)

yep, considering they mostly trade currency leveraged 100x, many a deposit had gone to Valhalla that day :)


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: sidhujag on September 05, 2014, 06:14:28 AM
only retailers leverage 100x on bucketshops. Majority of trading on forex is 10x tops.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: counter on September 05, 2014, 07:25:21 AM
still August, bear-shit everywhere

I hope that line becomes a slogan and well known/frequently used quote in the years to come haha, freaking classic.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: Timetwister on September 05, 2014, 11:25:27 AM
Who cares. You have to be pretty stupid to have any considerable savings in fiat money, instead of investing them or saving in precious metals or bitcoin.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: zadiume on September 05, 2014, 04:23:42 PM
LOL, EUR is crashing even more, USD and EUR are doomed, BTC is new king.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: asganauei on September 05, 2014, 04:28:48 PM
Going to zero means the death of bitcoins but this is an innovative currency with a bright future, it can't fail.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: clovex on September 06, 2014, 03:22:45 PM
EUR and USD going to 0 = BTC going to infinite.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: Dalmar on September 06, 2014, 03:27:28 PM
The EURUSD pair is a pump and dump scheme for billionaires.

It always drops to about 1.20 every couple of years only to retest 1.40 a few months later.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: BeeTeeSea on September 06, 2014, 04:18:17 PM
The EURUSD pair is a pump and dump scheme for billionaires.

It always drops to about 1.20 every couple of years only to retest 1.40 a few months later.
EXACTLY! FUCK
It's all rigged, all these fucking "patches" they do, fuck you Mario Dragi! Damn im mad as a demon.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: sidhujag on September 13, 2014, 02:48:34 AM
The EURUSD pair is a pump and dump scheme for billionaires.

It always drops to about 1.20 every couple of years only to retest 1.40 a few months later.

Always drops? How many times? Do u know why it bounced? Remember when they reached a deal with the states for printing usd to lend to eu to sell vs eu? Means they wont let it go down but it is worthless. Same as snb same as boj all intervening. Even with aud the government had to intervene verbally around 1.08...

But sooner or later they will pull the plug and many rich ppl will lose their shirts believing they are backed but instead they will take that money and put it into gold other commodities maybe even bitcoin if its around.

Word if advice dont play the game if you dont know your enemy. Half the time I bought contracts the price moved opposite of my order as my orders were big. The brockers are required to hedge the deals with banks so banks arent on the hook.. u have too many ppl against u...

I switched to bitcoin because its a new market and no collusion against me.


Title: Re: OMG sell now before it is too late we are going to zero!
Post by: femmecoins on September 13, 2014, 02:22:43 PM
 ;D ;D ;D

Thread delivers!