Bitcoin Forum

Apologies if this is a little too 'Meta', but I'd like to gauge how all you speculators view this place. You know, get a better grasp of exactly why you post here/read posts here so that I know what to expect from it in the future.


BONUS question -

I find myself reading Speculation too often myself... what is it that keeps you coming back?


 

Do I take it seriously? Maybe a little. Mainly I take this forum and Tradingview with a grain of salt. Everybody is trolling for their own position, whether they are a good investor/trader or not.

I voted for it's interesting to read what some people think. :)

Also,there are trolls out here.I laugh everytime i read them.  ;D

Not really, no. Profitable speculators don't give away their secrets.

Well, what's a "secret"? There are a handful of analysts that I watch because they have shown themselves to be consistently profitable. It's easy to pick apart peoples' records, but anyone who is right > 50% of the time in regards to big moves, is worth looking at.

no

Yes if it conforms to my predetermined opinion :)

I take seriously only the content which is closer to my point of view, at the moment all the threads
where people is bullish and the ones with the positive distant future predictions.

Ha, ha, define seriously?  People talk (or pump) their position.  So the folks who hold bitcoin, which is most people here, talk "to the moon."  While trolls and the handful of folks who are here and don't have btc make insane threads like BTC back to 1 USD by 2015!

So the content of this section is mostly worthless, but in meta terms it can be very interesting.

This!
CCMF!, tomorrow!

Voted for: this is the best indicator of current market sentiment

Special mention: I do the opposite.

I find, though, that this forum is always bullish-leaning. I see some people turning bear/bull, and a few bear trolls pop up from time to time, but mostly it's perma bulls in here.

I suggest not always doing opposite the perma bulls. :)

I take this section's content as seriously as the btc-e trollbox.

It gives a hint about what is the sentiment among some traders, what their strategy, and mainly how they want to influence the market.

And traders that know what they are doing don't visit or post here, but surely there manipulative whales here and on the trollbox

How about masterluc/lucif? I got in at the bottom before the last bubble run-up purely because of that guy. I was a total newbie at the time and did not know what I was doing.

Well it's like a bar you hang out constantly. You need to talk to people in order to get things off of your mind. It helps to talk during flash crashes and reassure yourself. And when there actually is a train some time, the pictures and videos are making the rallye even better!

I sift through 95% dirt to get the 5% gold. It's the first place reasonable people start panicking, I wouldn't have got my coins out of gox without with forum, for example. And I might have sold my bitcoins at $10 without some of these uberbulls.

Just for interesting materials.

Serious as a hard attack.

Most predictions are BS but the emotional state of the market does not lie.

Information here is generally unreliable, however you can "listen" to it with a grain of salt. You can easily get some really good ideas by reading what is on here.

Its speculation anyway, so expect emotion and anger also..

I'd hardly say that I take it seriously, but I do enjoy some of the analysis threads.  The "oh my god" threads are sometimes entertaining, but I'd take everything in here with a pretty big grain of salt.

Nah, for the lulz. This question is boring though...

Now....now, now.

When are we gonna get to $10k?

Every trader is different in regards to the system they use... Different timescales, coin pairs, etc, maybe they arbitrage or program bots. Those methods would be considered secrets if they are consistently profitable because the more people using it, the less profitable it will be.

Same here.
This forum is pretty hilarious. I really wonder how many people actually believe what they write.

Omg that vote pattern  :D hahaha

No one take this section seriously.

Only those who dream big with 1 bitcoin keep coming back.

You get to see all sides of looking at a certain thing. Most of the times both sides have their valid arguments. Bulls see the positive things of a certain news story and the bears discover the potential caveats. It is up to you to make up your mind how to trade given those information. But don't let yourself be influenced by people on online message boards. Don't Panic trade!

If you shift through the troll posts and the blatant attempts for manipulation, you will find a lot of useful charts and analysis. It has certainly helped me trade well. Much easier to spot trends by hanging around here.

Yes of course ignorance will make you really unhappy one day.

Its also a lot of fun, especially once you note who the serial trolls and FUD spreaders are. There was also this one guy who was acting as a contra indicator. Everytime he sold price rose and the opposite happened when he bought.

What does he expect bitcoin's price to do in the short term, or has he disappeared now?

Nope. But it's good for a chuckle.

I bought btc between 20-100$ and I have already re-coupes my investment long ago. The btc I hold now are gravy, free essentially. The whole btc trip seems kinda unreal to me, to be honest. Whatever happens, I'm already richer for it, in more ways than one! Lol

I have seen the market mentality expressed here become a reality, but with that said, there are bulls and bears here at any give time.  So, in other words, no.

I enjoy looking at the sentiment, don't take it too seriously though.