I'll tell you though, I'd be very butthurt if I had listened to permabulls when the price was $900. The incredibly bullish sentiment was terrifying to a rational observer, of which there didn't seem to be many posting around here at that time (probably too afraid of getting harassed by psychobulls on a rampage with their calls for 1 million per coin).
I think you might agree that the sentiment on this forum has changed somewhat in the other direction now. Now it is psycho doomer bear trolls infesting the forum. |
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The majority of bulls have made a lot of money
Tell that to the folks who bought in at 400+. Given how high the price went, I would think they would make up a decent percentage of the bulls (especially if they're still holding), no? Well i was late to the party and i bought most of my coins in march/april 2013. I am still in the green despite buying in 2014. I was massively better off from this particular punt last year but that is life  Whoever is driving the price down week after week knows exactly what they are doing. If it is miners then it is not in their interests to destroy the very commodity they are mining by crashing the price. Miners sell for income. It is exactly the wrong way to sell your coins in that context to dump thousands of coins on exchanges every few days and by doing so reduce the price for your next sale. My only real concern has been our friends in the central banks. Bitcoin would be the only market they werent directly manipulating if they are not involved already. Could they destroy bitcoin? Dropping the price aggressively would be a great strategy. We already have some features of the gold market rigging in bitcoin - price moving sharply downwards on good news for example. The best way to dissuade new entrants to the market is to keep the price incredibly volatile and prevent it from rising. That said this is probably just a nasty bear market with a few greedy speculators with total control of the market. Eventually it will be more profitable for the price to rise again. |
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permabulls gonna permasell
And permabears gonna permaFUD. haha, how do you as a perma-bull feel? must feel stupid right now?  Why? |
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<well worn crap>
It is easy to attack bitcoin whilst the price has slumped for a year. This forum is completely packed full of posters, mostly like you, screaming doomers predicting the end of bitcoin, pleading with bitcoin holders to sell sell sell. It seems strange that so many people would devote so much time to a failing project. Yet every day you are here, without fail, day after day The exchange price is in the doldrums. But this has all happened before several times. Cyclical markets are a normal phenomenon. Most of you 'traders' will go broke in the next year or two. You all predicted the last bull runs, right? Oh wait. The funny thing about the end of a bear market is that at that point it seems that noone is interested in buying. That is also the best time to buy. Every time the market 'drops' due to buying and selling of a tiny number of coins on exchanges there is someone buying the sold coins. Some will recycle in this process but not all, and the top 500 addresses continue to accumulate, whilst bitcoin-days-destroyed is flat. The price could drop another 50 or 100 dollars further. It could crash even lower. I will just buy more. And I can buy lots more. In a way I hope it does drop a bit more so I can go over 200 coins this year for pretty trivial amounts of money in the grand scheme of things. I believe in bitcoin as a idea and hope it succeeds. It is a revolutionary technology that has the potential to change the world and disrupt the global banking system. Troll on |
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...
But it's a serious question. Let's say that I don't like Bob Dylan, for instance. What would motivate me to join a forum of Bob Dylan fans and spend hours and hours telling everyone that Bob Dylan has a whiny, nasal voice, and that he sings off key? Clearly true, but still, why devote big sections of your life to seeking out disagreement?
Now imagine a forum where Dylan fanatics try to unload their scratchy Dylan vinyl on clueless rubes with lulzy claims like "Dylan records are a disruptive technology destined to become the next world currency" & "anyone not blowing his pension fund on Dylan records is a fool." Imagine further that said Dylan fans are also prognosticating the inevitable demise of all other muzak. Still with me? Let's keep imagining! Now imagine that same Dylan fanatics are hilariously inept at pimping Dylan, a veritable herd of lolcows, udders just bursting with strawberry-flavored lel. Now imagine how effective your trolling would be in real life. Come to think of it, do you have a life outside bitcointalk? |
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...It's more fun to hang out with like-minded people!
Heard mentality confirmed. Herd? |
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Same signs as before the drop below $300. Price tried to climb but failed, volume is slowly getting lower, price is starting to slowly get lower. Bitcoin just looks weak, it looks like it is just ready to drop again. Could be any day now.
The anticipation is killing me. I think it should go below $250 for the next drop and maybe stay around $230 for a while before testing the $200 mark.
I'm thinking $150 bitcoin isn't that far off.
Blah. Blah. In 2011 on this forum you thought 2 dollar bitcoins were too expensive. The price rose over 500x. Even now when despair is palpable in the depths of the bear market the price remains 140x higher. Obviously after missing out on easy riches you are absolutely desperate for bitcoin to fail. It may fall further, it may rise higher. One thing is certain - you have no idea what what bitcoin will do in the future. |
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Watching the bitcoin price tickers for all of the exchanges is damn stressful.
I am sitting on so many coins that all I am doing now is watching the price all day.
It is not like I don't already know what to expect.
Still, it never gets easier.
up down up down down down down down up up up up down down down down down up down up down.
My eyes and brain hurt.
I need a bitcoin break, but I cannot afford to look away from the screen.
I know that my advice might not be appreciated, but I think you need to reconsider your position. If you are feeling stressed, then it's likely that you are over-invested in this little experiment we are participating in. If you have more money "invested" in bitcoin than you could comfortably afford to lose, then you're doing it wrong. Just my opinion. You do realize these are just strawman accounts set up by trolls to present a ridiculous situation for other trolls (themselves most likely) to attack? I wouldn't bother... You do realize these are just strawman accounts set up by trolls to present a ridiculous situation for other trolls (themselves most likely) to attack?
I wouldn't bother...
Apologies, I thought Steven was a real person. My bad. *edit* am I the only one that finds the excessive bear trolling to be bullish? My traps are set from 300 down to 250 (CAD) You bears are welcome to unload your beanie babies at my prices. I am a purmabull. What are you talking about? I have been hodling for years now. I know I am not the only person who has lost money outside of bitcoin and all of sudden anything I own worth value is more important. I had assumed with my coins I would hodl them for 10 more years. Unfortunately that is not possible in my current situation. I am waiting for 350-400 then I am selling off all of my coins. After I deal with a few personal issues I will reinvest. I believe in bitcoin. When I made the initial investment I paid ~14$ for 100 coins. About a year ago I picked up 10k worth after meeting someone here. My first post on this account was to find someone who could broker that for me a year ago. In the last week I was able to put 10k in. That is all money which I care about. I don't see this as a gamble. I have been watching the bitcoin since it was 2$. I believe in it. I don't care what anyone else has to say really. Id bet my life on it. I certainly don't value anything 99% of this forum has to say as the majority of people I see here are trolls, or people posting the opposite of what they believe and flat out lying to drive the price one way or another. Everyone, at least in the speculation section, has their own bullshit agenda which they attempt to push here. Personally, I believe this link explains all of the trolls on these forums: http://21stcenturywire.com/2014/02/25/snowden-training-guide-for-gchq-nsa-agents-infiltrating-and-disrupting-alternative-media-online/This is a common practice and bitcointalk is the perfect target. The only reason I post here or even watch is because it is hard to stare at a computer screen for so long doing nothing. This is more a cheap source of ridiculous entertainment along with a place to watch the people who are afraid of the future so they try and slander the coin. Nice post. Always nice to hear from someone who believes in the idea and tech of bitcoin. Yes the signal to noise ratio is out of control on here. The use of alt's really is pathetic. Still, despite being sad bastards they are just trying to buy in. Once Bitcoin finally does its thing again I suspect they won't be quite as obnoxious.  Interesting how each tranche buys less and less btc. |
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I still think that Bitcoin will hit double digits, it will be just slow and painful path for many of you here, I will ride the ship only when most of you delusional cultists and get rich kids abandon it....
I still think that there is a good chance that we are heading slowly to double digits... and I wont buy a single Bitcoin before that, I wont regret my decision if I "miss" the train, simply because if Bitcoin will succeed and become widely used then it really doesn't matter when will you buy, in fact it will be even better safer and more profitable to buy later when there is a clear picture about its use.
Mmmh. So you are talking about "delusional greedy kids" wanting to get rich quick buying now, but you wanna do the same and "catch the train", only lower. You are no different from the delusional bulls you are currently laughing at, mate. Yes, I am different. Unemployed and more bitter? |
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Bears are using mathematics while bulls are just hoping and believing in miracles right now.
I hope bitcoin will reach 10k... 100k....$1M. I hope bitcoin does that. I hope bitcoin bla bla bla. I don't know what is wrong with you. The price already touched 255. What is the reason for bitcoin not to go on that path again ? Or even lower. Tell me one god damn reason.
I can tell you why it is going DOWN.
Bitcoin is fucking scary to use right now. People got lucky that Bitstamp had the money to save their whorehouse, otherwise there would have been many tears in here.
Do i really need to bring back my old arguments regarding how hard it is to use bitcoin, store it safely from both virtual and physical problems and many more ? Non-tech savvy people are terrified when i explain them bitcoin. And i never even told them about the risks
You are extremely emotional. The very fact that this forum is now almost totally overwhelmed with obnoxious trolling just reeks of absolute desperation to be honest. Bitcoin can literally go to zero and I can just laugh it off. I bought most of mine in march/april 2013. I will continue to buy it because I believe in the project. A floor will appear where the few traders colluding the price lower cannot push it lower profitably. I may have 200 coins by then, it could be 2000. Bitcoin will still be the revolutionary technology I recognised when I first read about it properly. You keep trading your meagre life savings. It will end well I'm sure! |
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I think short-selling will never end. It's a powerful negative feedback loop. Bitcoiners are killing Bitcoin  Well selling 6000 coins on finex on Saturday morning isn't anything other than manipulation is it. Certainly not selling for best price. |
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Right off for a curry. Basically we havent moved anywhere. GG bulls and bears  |
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If you could confine yourself to just posting from multiple accounts in the same post that would be great lambtroll.
4000 coins dumped on finex and we are still at 288 lol
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Going to get filthy rich on this!!!! Woohoo!!!!! Drop mother----er... drop!
4,000 coins dumped on bitfinex to keep us where we are so far. |
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Remember Gox in January 2014? There was 15%+ difference to other exchanges, because people were buying and withdrawing coins.
The same could be happening with Bitstamp now. It coincides with a normal upward market movement, but it could be misleading.
Where is the 15% difference? |
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Let's see if we take 300 this time |
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Time for the bulltards to get slaughtered again. They never learn.
Post your silly pixie again lambie! |
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The exchange isnt even open yet Edit: I was just reading a pro bitcoin price-waterhouse-coopers report to UK government about bitcoin. Don't worry lambtroll your audience hasn't left you. Not open for trading but I just successfully withdrew the 3 bitcoin I bought just before they went offline. never thought I'd see those again Everyone who wants to withdraw bitcoins can do. As pointed out earlier some people will buy btc to get their fiat out instantly. I suspect most will just leave it all on the exchange though. This clearly is nothing at all like Gox. |
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The exchange isnt even open yet Bb.. bu.. bu.. But Choo? Choo Choo?  Patience.. |
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