Don't worry wall street is moving in any day now. On Jun 1, btc will IPO on nasdaq and there will just be one giant candle to $5000 regardless of whatever the chart was.
Seriously what is up your a**? You predict downward and we go downward. This whole board is bearish. What is your problem? Where are you even reading such proclamations? |
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Whale Wars- The Movie. Popcorn is out.
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The price is dropping more with less volume, meaning that people are pulling their bids. It shows that the price dropped 30$ in 4h with just 11.4k btc volume.
It now seems that when the critical point is reached and the grand finale of this downtrend begins, then the price will go lower then even I predicted. It may actually stay in double digits.
Still waiting for the grand finale, but sadly it probably won't happen soon. There are still some fools left who are buying up this dumping, and until they exist, we will only see gradual slow dumps.
Every word you say oozes "i am short, please dear God, dump". You should've atleast tried to appear someone neutral. I sold already in December and I saw that the price will go down from that. Only thing that fools like you caused with your desperate pumping is it made the entire process longer. Meaning that it takes a lot longer then needed until solid bottom is reached and buying back makes any sense. In other words "everyone should sell until it hits the bottom I want. And then should sell some more when I want an even lower bottom. Then it is ok to pump the price and make me rich. " |
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I'm actually impressed by the overall lack of panic the market showed with this news. Don't get me wrong, lower lows are still of high probability, but I think it's safe to say the market was prepared for this news.
Also, I think for all the people asking where the big wall street/investments are coming from, why would there be any big player investments with this going on? Chinese speculators will be trading right up until the drop dead date so why just give your money away to them when you can wait until they are out of the picture entirely..
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Do not panic, this is a only a drill.
3
I've missed these so much! |
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I think if the bids got pumped even a little it could spark a mini rally. Bears are not nearly as confident as weeks past and would be much quicker to jump back in due to current market sentiment.
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Love seeing the price slowly increase. The sentiment seems to be changing and most people are starting to feel signs of a reversal.
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 bears having a terrible hangover?  Too early for this, way too early. And I'm a bear hating bull. |
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This forum is a mixture of speculators and crazy druggies. I guess that's what happens when bitcoin and silk road go hand in hand.
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I know you want to shut me up because I have pointed out Bitcoin's weaknesses and pointed out that environmentalism is a moral fraud.
TBH nobody has time to read all your articles. I havent been. at least Rpietila graces this thread with simplicity. just saying, cos that is BS. ^^ get over yourself. +1 again. You assume people care about what you are saying much more than anyone does. Start your own thread! Risto rules this one... Simplicity is for simpleton surrogates who are easily manipulated by Risto's incorrect (incomplete) summaries. The summary that says all that matters is how many BTC you have, is what I am attacking right now. That summary is very wrong and it will cost you (and Risto) dearly. Btw, while he tells you that, he is off buying altcoins and making profits (where do you think he recent cash came from? Im guessing he sold his Auroracoin at the top). Little shocked that Risto has let AnonyMint take over his thread. Risto use to have more balls and a bigger delete hammer. Now he's just happy letting Mr. TinFoilHat dominate the thread and turn it into his own.
No longer read this thread. Shame.
Because Risto isn't stupid. He realizes that he must adjust to new information that opens his eyes. He realizes he must be able to defend his thesis against all valid logic, else he wouldn't be wealthy. He deletes noise. You are trying to turn this into a political contest instead of a factual and analytical contest. I don't think Risto is that dumb. Risto made a 10 post per day limit just for you. Now you write whole pages in one post. Just start your own thread and share all your thoughts please. No one comes here to read you. |
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I know you want to shut me up because I have pointed out Bitcoin's weaknesses and pointed out that environmentalism is a moral fraud.
TBH nobody has time to read all your articles. I havent been. at least Rpietila graces this thread with simplicity. just saying, cos that is BS. ^^ get over yourself. +1 again. You assume people care about what you are saying much more than anyone does. Start your own thread! Risto rules this one... |
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Bears frustrated for sure...the louder they are the more impatient they are getting...
Price falls from 1143 to 400$ and stays there -> bears are frustrated -> sure thing  Join the party  I have a feeling this party won't be lasting much longer, smoke the drugs while you can still enjoy them. .. |
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every second post is Anonymint. and it's not on subject either. Maybe you should create you own thread or follow your own advise Anonymint.
+1 |
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Bears frustrated for sure...the louder they are the more impatient they are getting...
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Current situation of the HODLers: Will the leopard HODL his dinner or will it fall to the hyenas? I lol'd... |
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I don't like to post again, but it seems no one can figure out obvious analysis without my posts.
I guess I am not surprised Risto that you haven't figured out the math yet. I guess you just aren't that bright. I have had many indications of it.
It BTC was a unit-of-account at merchants, then all BTC spends would never enter the market as asks for fiat.
The fiat bidding to invest in BTC is not increased by those Bitpay transactions, thus there is an increase in asks / bid ratio. Thus price must goes down in order to balance.
Only a dunce can't do that math.
znaky, how do you know I haven't used BTC to buy things with merchants that take Bitpay? How do you think I could otherwise anonymously purchased the domains for an altcoin. I guess there are anonymous Visa debt cards, but would be much more hassle. Didn't think of that huh before you started your ad hominem diatribe.
Seems the emotional and defensive card has been passed along... |
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It's been a good run. I bid you all farewell. Even the perma bulls.
.... so you think this is the end for BTC? No. It's the end of this forum. For me. Reasoning? |
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I give credit to Risto for taking all the abuse from people that he does and doing so in a mature manner. He works hard on his TA and shares it for free with the crum bums on this board and all they do is challenge him. Imo he's one of the 5-10 people on this board who are actually worth reading.
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The thing that makes me laugh is how some posters like to pat themselves on the back for being right. "We are going down" is a really difficult prediction when charts have shown a 3+ month decline. And then as soon as it reverses it will be " I said we were going down I just missed by how much" while they make "we are going to go higher" predictions during the uptrend.
I love people who just admit "I should stop daytrading I suck" and "it's too risky for me to trade " because they are honest answers. Charts can show whatever you want them to show, although it's fun to speculate.
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