Bitcoin Forum

Every day I see this annoying spam about falllling and igorr and what not being right about the everlasting continuation of the Bitcoin's decline. This made me wonder what their real agenda is. Doing it for a "hobby" and to "spread the truth" simply does not sound plausible. Especially from a newly created account.

My personal opinion is that we are witnessing price manipulation. Perhaps the bear zealots are even paid by the manipulator? But all that alone is not big enough conspiracy for my calibre. So, to make this topic a bit more interesting I propose the true underlying masterplan.

Bear zealots are actively establishing reputation right now. They are currently not very trustworthy because their user accounts are rather new and this is the first time we witness such manipulation and (paid) bear propaganda. The manipulator is a smart dude and looks many years into the future. When the current trend reverses and we experience some new bull run the zealots will disappear only to return again before the new manipulation cycle. However, next time they will be listened because they can actually link to their posts made in 2014. During the next manipulation cycle when the bear zealots start their propaganda people will act upon it in the anticipation of a 6-month steady decline.

TLDR: The bear zealots are actually sort of a long-term investment for the manipulator. He expects to reap the real profit during the next manipulation cycle.

http://i477.photobucket.com/albums/rr136/karimabdulrules/1225330840426.jpg
(Pic related: a bear zealot)

LOL.. it's more likely they are just ex-bulls who lost money and are now butthurt.

You need your head examined if you believe this forum has any effect on the price.

People who are bearish and don't believe in bitcoin, when price is declining have confirmation that their beliefs are right,
and there is nothing better than knowing you're right and rubbing it in people's faces.

Hypothetically, if that were the plan/situation, the manipulator (from your scenario) would not wait until the end of the bull run to use these guys again. He would use them DURING the bull run to hype the run-up instead. The fact that things played out similar to their past predictions, and they've suddenly turned bull as the market turns around would lend even more credibility (if they had acquired any to begin with). In other words, they would always be paid to hype the current trend, not just the bearish ones.

I am paid by nobody, I have nothing to gain from this. I was a denial bulltard, but now I see the truth. I just want to spread it. I want idiot, greedy gambler's to burn their fingers and humble people to sell and find real jobs. That is why I'm warning people that there will be further fall (guaranteed), below $350. I have good connections, I know the market. Just want to save you money. After shorting on margin, before the bull sell, I made a tremendous profit and can live happily for the rest of my life.

Don't listen to OP, that crazy talk. Nobody is getting paid by any entity to post here, we just want to warn any novice traders of the enormous risk they are taking with bitcoin, and that it's a best idea to cut their losses.

Bitcoin is very foolish invesment, and you know what Waren Bufet always say: Don't fight the tape!

there is even a study that says social media like bct is affecting the price of bitcoin.

and to be honest, bitcoins price is what people believe it is (atleast for now and in the short/mid term).
so its pretty logical that the price would be affected by social media.

What makes you think I believe this forum has any effect on the price? I don't. So let's not make this personal.

However, impeccable manipulation requires 100% effort. Ever heard of the butterfly effect? If not, google it. We might think that a forum obviously has no effect on the price but sometimes the only thing left to trigger panic buying/selling is the one that is the least expected.

edit:

That's a good idea.


Having nothing to gain and having nothing to lose are two separate things. Are you out from all cryptos or just BTC? Btw, the price could fall as low as 150$ per BTC so I'm not arguing with the bears. However, I personally expect cryptos to meet at least one more giant bubble and thus I am not getting into fiat, it's not worth the risk because every day the trend might reverse.

cool story, do you have any evidence to support that? or keep fantasy for youself

i agree, all these newbie bears appeared at the same time, someone is delusional and thinking posting on a forum will affect the price  ::)
someone should tell them price manipulations never work, the manipulators always end up with a loss.
just ask the hunt brothers https://en.wikipedia.org/wiki/Silver_Thursday (https://en.wikipedia.org/wiki/Silver_Thursday).

What worries me is that we don't see enough fud threads. Given the decline in price i would expect a ton of "RIP bitcoin" , "bye bye bitcoin" threads...
It seems that even the bears are scared...

Epic thread, if only for that picture...

En taro Tassadar!

Then maybe they are people who actually believe the price is going to legitimately crash and they aren't actually paid shills trying to drive prices down?

Of course not, what am I saying, nobody can be bearish on Bitcoin.  ::)

and they all just happened to appear at the same time, and do nothing but post FUD all day? nope no paid shills here...
my guess is they work for someone who has alot of stolen bitcoins and is slowly dumping in a foolish attempt to cause a panic so that he could eventually buy back in at lower prices.

too bad for him this has never worked out well, this is a great opportunity to take advantage of his stupidity though, and buy at artificially low prices.

If someone is able to spark a panic sell and push down the price simply by posting FUD on this forum, the Bitcoin market/holders must be pretty damn small, because its not like this site is getting millions of hits per day for speculatory information on Bitcoin.

whats pushing down the price is not their FUD, its their master's selling

That doesn't make any sense. If someone is selling than someone is buying. You can't help them both!!  ::)

except he or his master is the one buying most of the dumps.
then he woulda have helped both sites

he's just the messenger, the facilitator, the great mediator between the flying whales and us.

he ought to be getting paid for such service

Some guy tried to convince my retired father to invest in bitcoin when price was 1000.  I got really pissed and stopped him from investing 50K.  Especially because the economics are all wrong.  I also convinced 2 friends not to invest at 650

I think bulltards and hodlers trying to scam new greater fools.   Thats why i cant stand bitcoiners.  If you made a mistake then just cut your losses.  Trying to scam new money to unload your bags is downright immoral behavior

Did the guy actually try to sell your father his own bitcoins?I doubt so...

If i was your friend, would you have prevented me to invest at 10?
Most of the poeple i know have. Yet it seems to me they were all wrong ...
This time you were right but will it be so next time?  Bitcoin is not just a price that goes up or down you know.

The bitcoin scene is like pennystocks.  Its obvious that its a pump and dump

No the guy wasnt trying to sell my father his bitcoins.  He was pumping the asset on false and ignorant understanding of economics

I never tell people what they should buy.  I just warn them if I think the asset is overpriced and they should excercise prudence

it is true at 1000 price looked like a nice exp.
Now poeple get overwhelmed just as they get over-despair.

you use strong words as scam and you say to "unload his bag" that's not nice if it's not true!

bitcoin is still here, working just find nothing as a scam to be seen so far. Just losers who can't figure out what is a high risk investment.