<snip>
i think the case is not closed. the price of gold is MANIPULATED downwards. that means the price has been artificially lowered. what that means is that todays price of gold is not it's true value.. and what that means is that gold is on sale.. obviously, there are reasons why gold and silver have been manipulated downwards.
and here is another something you seem to have missed.. usd is NOT money.. it is a currency. gold and silver IS money.... if you require more explanation of what is the difference between money and currency then obviously you need to do some research before you continue to make a fool out of yourself in the bitcointalk forum.
here's a trick question for ya:: is bitcoin money or currency ??
You sound like the Dilbert character called "Dick from the internet". He also says "you should do some research before you embarrass yourself like that again".  Why didn't you also follow Dick from the internet's example and give fisheater22 five links that are not as relevant as you think they are? you are taking sides with fisheater22, as if he is the reasonable one.... hahahahahahahaha  What a joke.  |
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i think the case is not closed. the price of gold is MANIPULATED downwards. that means the price has been artificially lowered. what that means is that todays price of gold is not it's true value.. and what that means is that gold is on sale.. obviously, there are reasons why gold and silver have been manipulated downwards. Any reason to think the price won't be 'manipulated' in, say, 10 years? If no, why should I care if the price is 'manipulated' or not? Are all prices manipulated? here's a trick question for ya:: is bitcoin money or currency ??
According to AlexGR, neither. According to satoshi, it's A Peer-to-Peer Electronic Cash System. So money, I guess. It's all in who you chose to believe  Yes, all prices are manipulated somewhat, but we do NOT throw up our hands and assert that the situation is impossible. We account for the various players, the market cap and the incentives to manipulate if any. In the end some, assets are easier to manipulate than others, but not all assets are equal. I could give a flying fuck if the prices of beanie babies are manipulated. As the market cap of BTC continues to go up, it is going to be more and more difficult to manipulated, but there will also be greater incentives to manipulate if a manipulator perceives payoffs to be greater... The situation of manipulation is relative and ongoing and we cannot make any definite statements about the extent to which it occurs and its effectiveness without getting bogged down in some factual specifics at any given time and circumstances. |
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Short or be shorted  hahahahahaha poor peonminer... .  still waiting to accumulate coins. I'm sorry you shorted your total BTC holdings at $425 and you are hoping to be correct in your prediction.... to either recover your losses or to profit a little bit from your premature short... Sure it is possible that BTC prices will go down, but nothing is certain in Bitcoinlandia.... /insert chasing train gif/ You shouldn't have oversold, especially since it should be fairly clear that we are generally hovering in a bull market yeah they are hovering around in my break even area... up or down biatches (as in all the biatchcoins) ?? which way you going  I am very glad about where we are in BTC prices, and the current price posture of BTC and even my set-ups in my BTC portfolio and my designated tradable fiat holdings seem very well positioned and optimistic. You may recall that I had been buying BTC since late 2013, so downward and downward and downward and more downward (until, more or less August of 2015), so I did not really have an opportunity to accumulate any significant/sufficient quantity of BTC at a relatively low price until after it stayed below $300 for so long throughout a large part of 2015 and I was able to continue to accumulate a fairly significant amount of BTC at those below $300 (and really below $280) prices.. but really I had done a considerable amount of doubling down in mid-2014 in the upper $500s and in the $600’s price territory, and I did not expect BTC prices to significantly go down from there, but when it did, I also made significant investments in the mid-to-upper $300s, also, anyhow, there are certain flaws in following a martingale gambling principle, if BTC were gambling, and sometimes I was beginning to feel as if I were unwittingly following such Martingale strategy because we now know what happened to BTC… , which for me caused a lot of hodling.. and continuing to stay in the red for quite a long period of time. Finally in October, when BTC prices finally crossed again above $250 and continued upwards, I had devised and revised various aspects of my BTC plan and I was ready, willing and able to sell some of my BTC and to justify that trading. Accordingly, I consider my current position to be pretty well-established, from my perspective, for BTC price movements in either direction. I presume long term upwards, but I really attempt to be neutral regarding short-term price directions. I sell as the price goes up and buy as the price goes down. Sure from time to time I do make some mistakes of not selling enough or buying back too soon, but I have established various systems (a work in progress) that seem to hedge against one another..,. Also, sometimes when I have made some fairly large mistakes by getting too wrapped up in the excitement of the price movement, I will step back and reconsider my prior actions and my portfolio and just make my buy sell spread a bit wider (which causes me to have no trades until the price comes to my reestablished price points… then I resume my trading after that point). In the end, even though I get my little short-term hunches, I don’t really know, but I will often consider the matter in terms of probabilities, and try to put an appropriate amount of money on either side that is weighted towards my inclinations (and sometimes I do not want to say my inclinations on the forum, especially if for example I were thinking 60% chance of going down $10 and 40% chance of going up $10)… etc… etc. etc. My feeling continues to evolve. |
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you have tried to suggest that you are bullish about BTC You kiss your mother with that lying mouth? If I lied in my earlier post, I did not do so on purpose. Accordingly, I apologize if I misstated anything in that earlier post. Instead of name calling, which you appear to gravitate in that direction whenever you get a little flustered, I would appreciate if you could clarify a little bit. Are you not proclaiming to be bullish about bitcoin's long term success or do you happen to be skeptical and merely have an academic interest? |
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Short or be shorted hahahahahaha poor peonminer... . still waiting to accumulate coins. I'm sorry you shorted your total BTC holdings at $425 and you are hoping to be correct in your prediction.... to either recover your losses or to profit a little bit from your premature short... Sure it is possible that BTC prices will go down, but nothing is certain in Bitcoinlandia.... /insert chasing train gif/ You shouldn't have oversold, especially since it should be fairly clear that we are generally hovering in a bull market |
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Again, short and long are somewhat relative. From bank to bank, from paypal to bank, for western union etc, it takes days... That's eons of time compared to bitcoin.
For small txs you can go with 0-conf.
What's the point of transferring money "From bank to bank, from paypal to bank, for western union etc.," if you can't spend it? Because that's what transferring "bitcoin, the store of value-but-not-money" is. Unless you mean the novelty of transferring binary strings on the blockchain, ofc, but that sorta wears thin pretty quick. For me, at least. you have tried to suggest that you are bullish about BTC, but you continually seem to be engaged in half-assed selective information posts to dwell on your apparent inadequate perception of various BTC weaknesses... In other words, you are seeming more and more like some kind of paid shill rather than some genuine poster who is truly attempting to engage regarding positives and negatives of Bitcoin. We all should realize by now, that bitcoin serves a variety of purposes, rather than your narrow rendition of doomsday single purpose bitcoins. |
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Gentlemen.
As the mempool fills, and our great (totally not captured) technocrats continue to implement what's best for Bitcoin. I'd like to remind you that a new moon is cresting the horizon. Some say $5000 incoming, some say $32000, these are all low-ball estimates.
Some may say that it will take 9-12 months to roll out a complicated accounting trick to gain us 0.75MB of effective space. I say nay, it might happen tomorrow. Wumpus, sipa, and gmax have your best interests at heart. They have heard a panel representing 90% of hashing power state that they are ready for 2MB, and they have graciously and courageously rejected it... to keep you safe.
Institutional investors are very aware that the current number of users and transactions are more than enough to support mining security as the block reward dwindles. This is why they continue to pile in at ever increasing rates. There is not a private, for profit, company that is ready to use the blockchain as their own personal settlement network, this is a lie proffered by conspiritards.
For the first time in Bitcoin's history, everything is looking poised for success, and I've never had more confidence in our future.
Keep the price in the 400's gentlemen, at least for this week.
hahahahahaha That's a way to rally the spirits.... I kind of have a similar sense of current BTC world posture... |
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moon is obv 5000$ folks
10K for me. Moon is 10K. Currently, I'm still thinking $3-5k for the next price upsurge - but since BTC experienced such a prolonged bear run this past phase, therefore $10k could be within reasonable grasp for the next BTC price run. I'm thinking that Moon is probably around $100k or more, but it could be around $32k, if we were to go there on this next/upcoming price surge; however, we will probably need to experience a few bubbles and corrections before we are able to reach $100k levels, because the BTC infrastructure really doesn't seem ready (whether that is psychological or various lackings in consumer friendliness infrastructure for $100k levels yet... - In other words, I really doubt that we can reach moon in the next couple of bubbles.. and maybe even when we start approaching what we currently consider "the moon," we are going to still recognize considerable upside potential without realizing that we are on "the moon" yet... so maybe once we start approaching 5 figure valuations of BTC, the moon will be considered as $1 or $2 million? |
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Was that last post really needed?
I agree though with the others. We are going right. then sooner or later we will change direction and go up or down.
I'm betting on up.
If you already know the answer, then why you askin? @BMB I am being nice in this particular post by removing the "fucken" from my original intended contents because it is almost christmas, ,,,,,, and we all be in good spirits.... |
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Sometimes you are so fucking contradictory that I am not even sure whether you can recognize your own lack of coherence.
You claim to be a libertarian and wanting to allow the free "market" to cause effects within such amorphous powers, then at the same time, you are complaining that the free market is over doing the bitcoin computing power because, in your infinite wisdom, they are too secure and "they" are causing you to have to pay more than is necessary in some amorphous and unsubstantiated claim that you have about having extra costs on yourself and presumably other bitcoin users... and what the fuck does it matter anyhow? even if there happens to develop 10x the computing power (excess capacity) to secure the blockchain, because these various individuals have been making their own internal calculations and they have been deciding to take various risks on the gamble that they are going to profit from such apparently excessive cumulative investment of mining power.
Who gives a shit? In the end, if we leave it to such free market and let individuals to decide for themselves if it is worth it to them to keep investing in mining, it is all going to work itself out, no?, and some balance between price and security will work itself out, no?, without you trying to dictate what you believe is best.
like you said, you can vote with your feet too, and leave bitcoin, which would surely be nice for you to exercise such option instead of continuing to propound end-of-the world ideas about the bitcoin network supposedly being developed as too secure.
Markets, aren't perfect, but they are better than planned economies. It's Hyek's economic calculation problem. Prices convey information. I thought I was paying for blockspace when I was paying for bitcoin, but if I have to pay twice, well, that's a price I'm not yet willing to pay. I guess we'll find out if anyone else is willing to pay twice but I'd rather watch that from the sidelines. NOBODY HAS YET SHOWN that they are willing to pay high xaction fees. The market WILL decide. The issue I have to deal with is to get my cash out of a Honk Kong exchange before the network backlog makes that difficult or impossible. So that means I have to sell one here, buy one there to sell the next one here or I expose myself to exchange rate volatility. I suspect that's possibly a reason why the price hasn't tanked yet. Artificial scarcity of coins in addition to artificial scarcity of blockspace is just too much scarcity for me, so i'm gonna make myself scarce but I gotta cash out first. keep a few coins in cold storage and then buy a bunch metals while they are down... that will really leave em pissed if u do that. .. then they might do something spiteful like pump or crash bitcoin some more. add crash metals to the spiteful reactions list.. if u hold back some on first buy then can buy when they crash down.. that will really piss em off ... although they might try lure u back to bitcoin if u were to do that. yeah... as if anyone gives a flying shit what BjA does with his 50 coins. |
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Monkey vision: Drop towards 390 support intraday, rising trend to continue thereafter on a daily basis, and over the weekend.
You know this is wrong Monkey now sees at least one week downtrend, 362 support. Sounds like monkey must have not gotten the memo, or maybe monkey was too busy eating bananas rather than buying BTC back last month when he had several opportunities... or maybe monkey failed to accumulate BTC during a large majority of 2015 while BTC prices were mostly below $300? Monkey needs to lay down the crack pipe and get the "monkey" off his back... wait..."who is Monkey"? In recent times, I had been getting feelings that either monkey is trolling, or monkey had been smoking, as you suggested, some really messed up shit. in other words, not very solid advice coming from da monkey. |
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@BJA Tim Swanson wrote a paper about how adding exogenous value onto a network that cannot detect and dynamically protect the exogenous value is a bad idea. It was hard to disagree. The metacoins and colored coin projects listed above unquestionably increase the social value
of the chain, yet they do not proportionally incentivize security beyond the existing block
reward (seigniorage) subsidy. This could lead to an economic incentive to attack the chain, a
type of fat tail risk that could dramatically impact any layer residing on top of the Bitcoin
network. The network is ridiculously oversecure for it's current market cap. How many goddamn exaflops or whatever? You might be able to snow the noobs with technobabble but I've been around too long. I'm not buying. Security is the most important feature. Without a block subsidy today the Bitcoin network would be extremely insecure. The subsidy is going to go away. I want Bitcoin to work long term. It doesnt seem that those that want to increase the block size want that.... You don't overinsure a house for fire damage. It's called "moral hazard" and it makes the house statistically MORE likely to burn. You don't put a $1000 case ona $100 phone. It means someone will be MORE likely to steal it. If you put too much armor on an armored truck, you limit it's cargo capacity to the point that you have to make two trips INCREASING the chance of losing the cargo. There IS such a thing as too much security. Sometimes you make really out of touch assertions. Why the fuck is bitcoin "over" secure? it's to support a higher priced market cap, both anticipated and likely to happen. Therefore, when BTC's market cap reaches $200 billion (that is about $15,000 per BTC), then the computing power is going to be able to sustain security for those potential and likely attacks. In other words, BTC's computing power and/or security is likely already in a position to support a $10k btc, and probably a lot more - which really means that you should be preparing your moon boots, rather than coming up with lame and misfitting analogies. The market decides how secure bitcoin ought to be by deciding what hash rate we want to pay for. We buy bitcoin, Bitcoin price goes up, more competition for blocks, higher difficulty, higher hash rate. Now if the price tanks, you can expect the market to be less secure because the difficulty level will go down. Well, I for one don't want to pay for security I don't need. I'm not a terrorist or a drug dealer and I think the risk of big block exploitations is smaller than the risk of small block exploitations. Maybe I'm wrong and somebody's going to get my "cheap" coins. That's fine. All free trade is win-win or it doesn't happen. Sometimes you are so fucking contradictory that I am not even sure whether you can recognize your own lack of coherence. You claim to be a libertarian and wanting to allow the free "market" to cause effects within such amorphous powers, then at the same time, you are complaining that the free market is over doing the bitcoin computing power because, in your infinite wisdom, they are too secure and "they" are causing you to have to pay more than is necessary in some amorphous and unsubstantiated claim that you have about having extra costs on yourself and presumably other bitcoin users... and what the fuck does it matter anyhow? even if there happens to develop 10x the computing power (excess capacity) to secure the blockchain, because these various individuals have been making their own internal calculations and they have been deciding to take various risks on the gamble that they are going to profit from such apparently excessive cumulative investment of mining power. Who gives a shit? In the end, if we leave it to such free market and let individuals to decide for themselves if it is worth it to them to keep investing in mining, it is all going to work itself out, no?, and some balance between price and security will work itself out, no?, without you trying to dictate what you believe is best. like you said, you can vote with your feet too, and leave bitcoin, which would surely be nice for you to exercise such option instead of continuing to propound end-of-the world ideas about the bitcoin network supposedly being developed as too secure. |
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You smallblock cripplecoiners don't get it. I can't lose. If the price goes down, it's a market rejection of your vision. If it goes up, I can sell. I don't have to buy another single bitcoin now.
Whenever something sells on Bitquick, I can rebuy with my trading account cash on BFX. When that runs out, I'll start selling from cold storage. I can sell for a looooong time before I run out. I got your asses.
Why not just hurry the fuck up and stop making excuses to troll us with your bullshit broken record. Sell your BTC and get the fuck out of here. What good are you doing anyone whining and complaining with your feigned bitterness and ongoing assertions of self-righteousness. It's getting a bit old.... but I suppose that is the point of the more subtle trolls to annoy about quasi-irrelevant topics. I earned the right to be here, Pal. Not everyone who tells you things you don't want to hear is your enemy. I doubt that anyone here, including yours truly, minds reading about information that is negative about bitcoin or contrary to belief or is opposed to reading such information, so long as that information is genuinely being provided and based in reality with out ongoing bullshit and apparently selfish spin.... Frequently we get really irritated by FUDsters, and posters who are purposefully engaging in posts to mislead or to spread FUD... and you, kind sire, seem quite inclined to tread in those territories. Whether or not you earned the right to be here, your ongoing actions could undermine your credibility and acceptance... even if you may have a few fans that don't mind overlooking some of your apparent purposeful attempts to manipulate and or unwarrantedly to denigrate various aspects of bitcoin. |
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@BJA Tim Swanson wrote a paper about how adding exogenous value onto a network that cannot detect and dynamically protect the exogenous value is a bad idea. It was hard to disagree. The metacoins and colored coin projects listed above unquestionably increase the social value
of the chain, yet they do not proportionally incentivize security beyond the existing block
reward (seigniorage) subsidy. This could lead to an economic incentive to attack the chain, a
type of fat tail risk that could dramatically impact any layer residing on top of the Bitcoin
network. The network is ridiculously oversecure for it's current market cap. How many goddamn exaflops or whatever? You might be able to snow the noobs with technobabble but I've been around too long. I'm not buying. Security is the most important feature. Without a block subsidy today the Bitcoin network would be extremely insecure. The subsidy is going to go away. I want Bitcoin to work long term. It doesnt seem that those that want to increase the block size want that.... You don't overinsure a house for fire damage. It's called "moral hazard" and it makes the house statistically MORE likely to burn. You don't put a $1000 case ona $100 phone. It means someone will be MORE likely to steal it. If you put too much armor on an armored truck, you limit it's cargo capacity to the point that you have to make two trips INCREASING the chance of losing the cargo. There IS such a thing as too much security. Sometimes you make really out of touch assertions. Why the fuck is bitcoin "over" secure? it's to support a higher priced market cap, both anticipated and likely to happen. Therefore, when BTC's market cap reaches $200 billion (that is about $15,000 per BTC), then the computing power is going to be able to sustain security for those potential and likely attacks. In other words, BTC's computing power and/or security is likely already in a position to support a $10k btc, and probably a lot more - which really means that you should be preparing your moon boots, rather than coming up with lame and misfitting analogies. |
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Monkey vision: Drop towards 390 support intraday, rising trend to continue thereafter on a daily basis, and over the weekend.
You know this is wrong Monkey now sees at least one week downtrend, 362 support. Sounds like monkey must have not gotten the memo, or maybe monkey was too busy eating bananas rather than buying BTC back last month when he had several opportunities... or maybe monkey failed to accumulate BTC during a large majority of 2015 while BTC prices were mostly below $300? |
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You smallblock cripplecoiners don't get it. I can't lose. If the price goes down, it's a market rejection of your vision. If it goes up, I can sell. I don't have to buy another single bitcoin now.
Whenever something sells on Bitquick, I can rebuy with my trading account cash on BFX. When that runs out, I'll start selling from cold storage. I can sell for a looooong time before I run out. I got your asses.
Why not just hurry the fuck up and stop making excuses to troll us with your bullshit broken record. Sell your BTC and get the fuck out of here. What good are you doing anyone whining and complaining with your feigned bitterness and ongoing assertions of self-righteousness. It's getting a bit old.... but I suppose that is the point of the more subtle trolls to annoy about quasi-irrelevant topics. |
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Crash bounce pause spike second bouce. If this follows the pattern, it will drift up to ~ $441 and then drift down and down into the next crash.
Just sayin'. ;-) Don't send me donations. Send them the Dorian Nakamoto fund on my behalf. I mean c'mon! Can't y'all acknowledge that I got it EXACTLY right? Where's the love? I mean c'mon - it seems too early to determine whether you were correct, and plus your supposed prediction is too non-specific. For example, when you say "crash," you did not really specify if you meant down to $433 or below $425 or what? Furthermore, you specifically admitted in an earlier post that sometimes you like to employ exaggerations in order to better make a point, so would we know if your prediction was intended as an exaggeration or as a genuine attempt to predict short-term price movements. Hell if I knew that JJG, I'd trade it myself. Also, I hope I'm wrong. One reason I called it is so TERA and whoever else is doing it will stop. I still need to unload my cold storage coins. ok fair enough regarding your stated purpose for being vague... I, personally, take a lot of your posts with a very ginormous grain of salt.... and even attempt to find a little humour here and there, if I can resist being annoyed... hahahahahahaha hopefully, you be able to get your supposed 100s of coins "stash" out of cold storage, in order to "dump" them in the $400s (maybe even the upper $400s), and in a few years (if not less) we can reunite, when BTC prices dip down into the sub 5 digits and you feel like you wanna jump back on the BTC train, while you will likely continue to proclaim and complain with even more apparent bitterness, that you were right all along about scalability, blah, blah, blah, blah, blah, blah |
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Crash bounce pause spike second bouce. If this follows the pattern, it will drift up to ~ $441 and then drift down and down into the next crash.
Just sayin'. ;-) Don't send me donations. Send them the Dorian Nakamoto fund on my behalf. I mean c'mon! Can't y'all acknowledge that I got it EXACTLY right? Where's the love? I mean c'mon - it seems too early to determine whether you were correct, and plus your supposed prediction is too non-specific. For example, when you say "crash," you did not really specify if you meant down to $433 or below $425 or what? Furthermore, you specifically admitted in an earlier post that sometimes you like to employ exaggerations in order to better make a point, so would we know if your prediction was intended as an exaggeration or as a genuine attempt to predict short-term price movements. |
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Well, we've already had a little back and forth in respect to some of the government-related discussions, so surely such a topic could come up again... if we were to choose to engage.
But regarding your hodl strategy. Your registration date for this forum account is March 2013. That's a long time to hodl? Would you also accumulate a bit more BTC, or does your personal financial or cashflow situation make accumulation of more BTC less than practicable.
For example, with me, through my two years of accumulating bitcoin, I have been buying with whatever spare fiat that I have and even allocating a budget and a plan for how much BTC I am authorizing myself to buy for any given planned period.
I only recently started trading (since about October, when the price crossed over $250 for about the 5th time)... and trading has certainly opened up some new perspectives for me.... even though I started plotting out some of my trading plans in August and September (and initially allocating about less 1% of my total BTC holdings for trading, and then as the BTC price continued to rise, my allocation percentage of BTC trading continued to rise too (but probably still quite less than 10% of my total BTC holdings).
The actual application of the trading plans (rather than the theory) have caused me to have to tweak my practices quite a bit and even figure out some strategies for considering making my practice comfortable for me and my situation.
Anyhow, I am just thinking that many long term hodlers are also accumulating additional BTC at certain price points, at minimum.
well let's just say that my situation in early 2013 was much more favorable to accumulation of btc than it is now due to much lower prices of btc coupled with a higher availability of $ at my side now with my available $ and the current prices of btc I don't even bother buying, because it would change my position by...not very much at all. That's fair enough. So, for example, a person who may have acquired 1,000 BTC for about $20 each is going to have a bit of a different perspective and approach under current market conditions from a person who acquired 100BTC for anywhere between $400 and $600 each |
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People struggling to access coins from 2011... bullish he's running an XT node, may as well just send them straight to Uncle Sam now and be done with all the other formalities and hassle ... lol. I don't have a choice. There's no other BIP101 implementation and it's the only way I can vote for bigger blocks except for dumping my stash and you don't want me to do that, do you? Yeah. Dump everything, and we'll see you in 2024.  |
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