Bitcoin Forum

If BTC was going way up most of you would be posting about how much higher it will go soon.
This is a time to buy and many people are posting negative threads.
When you follow the crowd you usually lose.
Lemmings are doomed!

Amen, for all you newbies who were waiting for a golden opportunity. This is it.

Yep!  This is that "Buying Opportunity" you have been waiting for.   ;D

Lemmings were buying and are now holding. Lemmings are also buying on the top of dead cat bounces like the current one. Right now is not the right time to buy. Price is still too high.

Market to unpredictable to call the bottom.  Cost average on the way down and back up a little.  :)

Oh really.....

I am amn't buying? Am I doomed am I?

Actually, I tried to buy on bounce from $521 to $543, I made a simple order on Bitstamp at $526, but the server lagged, and then the spot was above my bid etc etc....so I pulled it.....was only looking at small short term quick gain anyhow. Beyond that I am just not interested in putting money into Bitcoin. If I wake up tomorrow and it is at +$600, then I don't care, I aint buying. It could then rocket up to $800. I still wouldn't care cos it would all be just fkn hot air and liable to pop just as quick as it inflated and I don't have the appetite for it anymore. I have the crypto fatigue that is spreading like wild-fire and will soon be affecting the likes of you. When it does, then that might be the time to consider entering the market. After every single cent of dejected dumb money has left the market and long term holders have been forced into taking as much profits as they feel inclined to take without caring whether or not the rest of their holdings go to zero.

I have seen the same thing with Silver and observed the exact same kind of delusional optimism from Silver Stacker as I do right now with Bitcoin Nutter, all the way down from the ATH, including the much heralded $26 silver bottom of 2012, where there was all the same fan-fare and self-congratulatory back slapping from Silver Stacker for catching the bottom and grabbing some firesale silver rounds, as there was from Bitcoin Nutter in the days after the $400 bottom.

The true bottom of the grand cycle in Bitcoin will come at a point when nobody gives much of a rat's arse about Bitcoin or its potential to make them wealthy. Volume and more importantly turnover in USD, will be at a fraction of what it was over Nov/Dec 2013.

What price Bitcoin will be be trending at when the bottom is in I couldn't possibly call at this point in time but mid $200 range seems like a likely bet to me and the likes of Risto will be forced to reassess their 'exponential mean growth line' speculating model. When this time will come I don't know, might not even know about it when it happens cos I most likely won't care.

P.S. Where is billyjoeallen? He was trumpeting around the forum how he was begging and praying for sub $550 Bitcoin. He was also telling some other dude to sell if he dared (Bitcoin at $580), cos just see what the whales (like him presumably) do when Bitcoin hits $550. Well here is ur fkn chance billyboy. Show us what you are gonna do!

Someone's emotional; why do you even bother posting here?  You're not interested in putting money into BTC, you're just interested in taking it out.  You offer absolutely no benefit to BTC, you're just a parasitic drain.

Edit: And you would care if it went to $800 and kept on shooting up.  You'd be here pissing and moaning, all the while flip-flopping on whether it's a bull or bear market.

So you're predicting a prolonged downtrend? I can see bitcoin going down in the short term, but I think we'll see more growth in BTC services this year, which will in turn, attract fresh blood into bitcoin.

Not sure, but harbinger of doom, definately!

I wish I could have been a parasitic drain. But I was too busy actually using my single digit Bitcoin's for their actual intended use, i.e. in real economic transactions to think about buying a thousand of them and hoarding them to get rich off them. Been a bit slow on gaining a speculative mindset. I don't live in the South East of the country and I aint Jewish.

I never bought my first truly speculative Bitcoins until $700 range in Nov 2013. "HODL" they all cried! Of course, I never, I took thousands of profits in fiat and dumped everything first sign of trouble. I aint no fucking bagholder for some early adopter who now lives in a castle and flies a helicopter. Sounds like you however dropt, are a bag-holder.

Go on, tell us how many Bitcoin you own and how much u paid for them?`


Notice how I always flip n flop onto the right side of the trade though, generally sooner rather than later.

You were too busy snorting coke to think and now you are bitter. Is sad and all, but fuck off. You only have yourself to blame.

Translation. I was too high on drugs to make the investment of a lifetime that was right under (in) my nose.

Never had a proper investment mentality, just like most other people. I was more into fighting the man, and back then silver was the best way to do that. Max Keiser said so.


I am perfectly happy, I aint bitter........except when I read utter fkn drivel on forums like this.

Let V(t) be the fair value of bitcoin at time t according to MatTheCat.  Let P(t) be the actual market price of bitcoin at time t.  MatTheCat will be a strong buyer if his perceived value of bitcoin is greater than its market price:

   V(t) > P(t)

His perceived value of bitcoin seems to obey the empirical relationship:

   V(t) = P(t) / 2.  

According to my calculations, MatTheCat will be a strong buyer for P(t) < 0.  

Then stop doing it. Go away. You will be happy, we will be happy, everybody's happy!

Ur not happy.

Bitcoin isn't doing what you want it to do.  

Worse still, it is going to keep on not doing what you want it to do.

There is a whole lot of unhappiness lined up for you, I am pleased to say.

P.S. Notice I have been very quiet on here of late.......but sometimes the utter delusional shite I am reading forces me to spit venom around this place.

Wrong again. If the price drops, I get more coins for my monthly fiat. If it goes up, I turn a profit. Either way I win.

That's the secret to investing in a rising asset, see? Doesn't matter what it does on the short term.

I call bullshit on this one. There has been TONS more bullish sentiment on this forum the last week than today. You are here right now because the price dropped again and you want to be able to tell everyone you told them so.

But in actuality you aren't telling anyone anything. Most of us predicted there was a good chance at testing the lower triangle, although sellers seemed to have dried up after 541.  Bulls didn't want to do anything so we are dropping again. We will continue to do so until big buyers step in. Maybe that 475. Maybe that 415. Maybe thats 400.

In fact, I can't and won't give you credit for being "right" unless we see 250. That's your call. So until then, why don't you go do something else or stop beating your chest for things most other people know too.

I am seriously confused. Other people have posted about the Jews on here and I just don't know where they come in exactly.

I want to understand this Jew angle...is it an inside joke thing like the "hodling" thing?

Anyway, I am a Jew and I haven't heard anyone at the synagogue talking about bitcoin if that helps anyone with their TAs.

You sound really fucking confused as to why you're here and what you should be doing while you are.  


Did you not just say:


So which is it dipshit?  You're not a parasitic drain on Bitcoin, or you "aint no fucking bagholder" and "took thousands in profits in fiat"?

I bought 75 BTC @ ~6$ to buy my first set of video cards to mine.  I've been mining ever since and have withdrawn BTC in the 4 digit range from mining pools.  My cost of entry would send you into a jealous fit.  I actually provide a service to support the network and spend BTC in the BTC economy.  I'm not here looking for dumb or fresh money to line my own pockets with.  It's people like you that are the problem with the world; right up there with those on Wallstreet who think: Fuck em' I got mine!



No, I don't.  Last I read you lost money due to your flaky approach to this whole thing when you could have actually ended up in the Black if you weren't such a twitchy fuck.

$250 wasn't my call!

$200 Range is my call! Maybe not tomorrow, nor the day or week after that....But Bitcoin will grind painfully down over the course of time, interspersed with the odd 'spirit rekindling' counter trend rally of course. My sentiment couldn't be more apathetic right now, but when I put my mind  or energies into anything, I generally find myself ahead of the trend.

MatTheCat is calling $200 range Bitcoin! Before any further ATH can ever be seen, if indeed any ATHs are ever seen again. If this doesn't transpire, then everyone can quote this statement for truth to eternity whenever I rear my head on this forum.

I have been saying from January that BTC will only feel safe under 300$. That entire progress would be quicker if we would just let it drop, so it could actually start a real strong recovery, not just a "recovery" that is fueled by desperation and unrealistic hopes.

Until the price is under 300$, it's only good trade if you do quick temporal trades, riding some of the stronger waves that pop up from time to time. But it's not a smart choice to hold crypto for overnight until the price has settled correctly under 300$. Right now the only thing that is holding the price is the desperation of the hodlers and miners, who don't want to suffer a loss while selling. But this desperation is breaking slowly one person at a time, who decide "to hell with it" and cut their losses. This is what will cause the slow downfall. This could only be saved by new booms at central-, south-America or India, but it seems that no progress in these fields. The western market is saturated at the moment and only bitcoin nutcases can't see that.

Quoted, for my personal amusement.

Very unlikely... ~400: quite possible we'll revisit it. 300-400: could well be, in a final moment of despair. Falling below the previous ATH on a functioning exchange: not something a trader should bet on, in my opinion.

Buying now is the way to dramatically lower your cost average....For anyone who bought near the top.
There is a great chance $500 will hold, and if not then $400.

I used to say stuff like that a lot.

You think Silver Stacker circa 2011 ever thought he would see $18 Silver again? I seem to remember $500 being a certainty....cos the Fed, money printing, real money, JP Morgan's short position, cos Max Keiser said it would, [insert 2nd hand dogmatic rational here] etc

Bitcoin is now looking every bit as unhappy in the $500 range as it did in the $600 range in the days prior to the $400 crash.

oh and btw....even if Bitcoin hits $299.99, then my call was right.

I am saying $200 range, but what I really mean is lows that will shock everyone just as much as $400 seemed unthinkable when we were 'getting ready to break out from $800 range back in Jan 2014....except 'shock' may not be so appropriate as the fatigue, boredom and acceptance of defeat, will have set in by then......Was anyone really 'shocked' by the time Bitcoin ground down to $2 in 2011?

400 "shocked" only those strawmen we collectively seem to be in your head. 266 halved, then halved again. 1200 went to 600, didn't touch 300 yet, but it'll only be below that you should start worrying. But what am I telling you, you're immune to reason (right now, at least).

Problem is, that I was laughed and pointed at by those strawmen in my head, the strawmen that many people here actually are when I stated I was calling a $380 low. (I was out by $20, and my entire 60 BTC buy-ins were out by $8.66).

P.S. Who is to say that $10- $266 - $60 should be considered a complete market cycle in the same way that $0.001 - $30 - $2 was?

Perhaps it is going to be $10 - $1200 - $200? Lots of reasons why the April 2013 boom n bust might be considered as something other than the culmination of a complete market cycle, not least of all cos we had such an utterly raging bull market just 6 months down the line.

Lemmings are doomed?
Will Bulls or Bears turn out to be the lemmings?
Stay tuned....

I call BS!
There is no way you mined 1000+ BTC with $450 of GPU's starting in 2012 (I was there, and I know what it took to mine a coin). I see only two possible contradictions to my statement:
1) You spent nearly every BTC you mined (as the difficulty rose), on more GPU's to stay productive. In this scenario, you now have very few BTC and a LOT of dusty, wore out cards. Not the best approach.

-OR-

2) You got one of the first ~10 ASIC's off the line. In which case you would have been better off solo mining. We know this isn't the case since you aren't Mr. Gornick or that douche-bag gigaVPS.

Reading comprehension my friend.  First set.  I acquired many more that I did not pay for with BTC, and yes, I was one of the first people with an ASIC (in relative terms), albeit not first 10. In fact, I did the math not too long ago and if you were in the first 100 or so people to receive an Avalon, it alone mined over 1000BTC.  Further, I guess I should amend that statement as you've jogged my memory: I also bought 100BTC at ~$20 when I purchased the ASIC.

I also did not state how many coins I still hold, merely that I have mined in the range of four-digits.

Fight bicker argue...
Everyone who is fighting stay here and continue, while I find other threads where no one is fighting.   :D

If you got in the mining game so early on with all the latest and bestest equipment, then why do you seem like such an enraged bag-holder?

Held onto your coins a little too long or something?

Enjoy the apathetic Bitcoin sentiment and the now confirmed out and out Chinese Bitcoin ban.

I'm far from an enraged bag holder.  However, idiot hacks like yourself disappoint me.  You offer nothing, just take for your own benefit.  Thrashing through threads on this forum pretending you're something your so painfully obviously not.  Real traders bring stability and support to a market and are rewarded for it.  Then there's people like you, running their mouth as if they're skilled and experienced leading the blind to the slaughter all while foaming at the mouth for 'dumb' and 'new' money. 

I care not what the sentiment is in the speculation sub-forum, and I care not what China does or doesn't do. Bitcoin has treated me exceptionally well and I believe it will continue to do so despite what you and your type do or don't.   

Dropt, Mat is just bitter he didn't invest in those 10$ coins he used to buy drugs. He is saying he is not but he can say sea is not blue, it's just so obvious.

And just as he dropped a bollocks then, he'll drop it this time too. He just doesn't have a balls, that's all  ;D

Sounds about right.

And what greater role model for the young bitcoiner than Proudhon?

In contrast, you have the balls, but no brains.

U got lucky, cos u had the balls to go for it at the right time. But cos u have no brain, u have been rapidly losing net worth for months. Don't say you haven't been cos you have and don't try and pull that 'what seleme says and what seleme does are two different things pish'. It just isn't credible.

P.S. How are your Alt-coin holdings doing since last time you showed them off to us?

Not only I haven't lost net worth for months, I'm about 400% up in fiat worth since ATH :D

Alts went down more 10-15% in average, something I definitely didn't exclude when buying them, I still bought and will buy more because the price is winner and I haven't bought them to sell 15 minutes later, I don't do trade for 200$ win like you do :D
It would be better if I waited a bit and started buying now, yeah, but you can't catch all bottoms, most of them are 3 baggers anyway :D

PS. I've sold FTC at loss though, kinda didn't feel right to keep it, looks like it might be bought cheaper.

Hmm....bought in single figures and held. Up 400% since ATH. So are you a multi-millionaire or an actual billionaire?  ::)

Anyone who proclaims, "I aint bothered with any of that boring nonsense" at the first mention of a MACD or fibonacci retracement, and who trades only on 'his big balls', gets fkn slaughtered during a downturn. And you have been. You know you have been. It may not bother you so much because of how much u made in the run up, but since the ATH, you are not so much up 400%, as down 40%.

I thus conclude that you are full of shit. Simple as that.

MatTheCat > This user is currently ignored.

Maybe we can share our trollist  ;D

Who the fuck bought in single digits, lol... I wish :D

If I recall good, tomorrow is exactly the year since I bought my first coin ever (not completely sure but it's surely max week more).

I made 250 BTC on McxFees alone since ATH, I barely had 100 BTC at ATH.

And yeah, I don't trade any TA fancy stuff, I barely trade btc vs usd at all unless it's too obvious it's going down for some news or some obvious lack of buying momentum. I'm shit at trading btc vs usd and don't want to be little fish in big pool.

And yeah, I had bit luck in my trading, was on right time at right places but I did some obvious things you wouldn't have balls to do and I got awarded for that heavily. That makes me being able to risk again. And you can bet I will.