Yes, Fonzie, defend poor lil' mmitech.  He doesn't deserve such treatment from the big meanie, JJG... 

+1.... Klee, you may be giving "girly men" a bad name to compare them with mmitech.. 

Yeah, you probably gave advice in the same way that you give it in this thread, and you found people who were gullible enough to follow your self-proclamation of wisdom.... stupid fucks did NOT know you well enough in order to know that you do NOT know what the fuck you are talking about half the time, and my only hope for you, which is somewhat slim, is that some day you will learn to be a little bit less arrogant and a little bit less cock-sure when you communicate with other people.  If I were religious, I would pray for you... Fuck, but I am NOT.         

Why don't you create your own thread, rather than changing the theme of this one?       

I know the funny thing is that our perspectives change with the passage of time, and in January and February, I kept thinking that BTC prices sure were low (while they were hovering in the mid-$600s territory).  And, even in May and June, I began to believe that BTC prices were NOT going to return into the $500s and BTC prices were on a never-to-return upward trajectory.... which NOW we see has NOT panned out.

There may be some dominant players, but of course in the end there is plurality.  Additionally, if some of the bigger players figure out a way to either buy on the exchanges or to buy at market price or to have market price reflected in their trading, then this ability to get dollars into the system quickly, is going to have a considerable ability to prevent downward price manipulation.  For example, circle should be good for allowing greater input of dollars, quickly and cheaply into the system... the same will be true for COIN, if it allows lots of dollars to be held and then to be injected quickly into BTC by big players (with some confidence that the exchange is NOT going to run off with their dollars).  Current exchanges seem to inspire reluctance for big players to  put their dollars thereon, but easily to transfer BTC and to dump.

In my thinking, the only way that they (the downward price manipulators) can achieve the $0 price that you are describing, Shroomie, is to engage in a form of fractional reserve corruption (which may be taking place on one or more of the exchanges).  Otherwise, the downward manipulators will NOT be able to push the price down to zero or even down below $300 because sooner or later they are going to run out of coins and run out of people willing to depart with their coins.  The supply of coins is limited (at least in theory and supposed to be in practice), and I really doubt that at a certain price point that people are so dumb as to continue to sell... because it makes little sense to sell with such expanding BTC infrastructure and powerful computing network ...

 Surely, there are quite a few people, even who participate in this thread, who continue to fail to recognize the fundamentals of BTC and/or to recognize the value of BTC, but those people are also limited...... and maybe less and less inclined to buy into claims that BTC is over valued and that they better get out while they can, etc. etc.

NotLambchop: 

One week you talking the price down, and the next week you talking the price up...  based on supposed fundamentals.

Do fundamentals change week to week?

Also, does manipulation change week to week? 

The same manipulation was taking place at $580, $480 and now $380... attempts to get BTC prices to go down, by large players selling large number of coins at bottom resistance points. 

Regarding ongoing manipulation (that some posters here deny to exist)(and this comment is NOT specifically directed at you, NotLambchop):   This kind of selling behavior to dump lots of coins at bottom resistance points reeks of manipulation rather than some kind of mass concerns about BTC fundamentals.  Further manipulation, by selling large quantities at the bottom, seems to be the case because the behavior does NOT readily establish that those dumping coins are even attempting to get the most dollars for their BTC holdings... more likely, they are engaging in a behavior of buying high and selling low in such a way to attempt to continue to push BTC prices down.

Yes, you are truly an amazing and versatile being, according to your own description of yourself.  

You can't be serious that you would come to this thread to ask a serious question? 

As if you really have NOT followed any BTC news in 17 days? 

You must have better news sources than expecting a good answer in a thread, such as this - , no?

Mmitech:  Some of your responses here should just serve as a reminder to many of us that we must have some patience with you and your posts, to the extent that any of us remain wiling to endure the reading of such posts.

Even though a very large majority of adults transition through and beyond their childhood maturity levels, a few of us do NOT... and YOU surely seem to exemplify the DO NOT side of things.   Several of your post should serve to remind us of such social maturity that you have yet to attain.  Cute as it may be in a kid, such communications remain less cute in a purportedly late 20s / early 30s adult.

Well, you've summed it up pretty well, and possibly, Dump3er is more fully in touch with his, her, its eternal essence than I am capable of realizing.... whoaza!!!   

Maybe you do NOT understand what it is like to be a socialized adult? 

Your first joke(s) in this thread of the thread were sufficiently ambiguous to be socially acceptable; however, this second joke is a bit much...

You may NOT understand because you are so emotionally focused on "me, me" that you fail to realize the inappropriate tone that you frequently strike in your posts.

WTF? 

Don't you know anything:     Dump3er only should dump --- Dump3er NO should buy...

You need to return to Dump3er training school, to get in touch with your inner essence.  Just saying.

Oh?  For a while I was suspecting that you may have been either attempting to provide financial advice or possibly suggesting that someone should have come to some other better conclusion based on some higher vision that you have, in a sort of "I told you so" manner.  

Instead, I gather, from your response, that you were merely attempting a light-hearted joke. Ok...  NO problem with that... since it is a little bit slow in the BTC price movement arena, presently.

Who is the "You" to whom you refer?

OMG!       Cut your LOOSE!!!

That's a very good sign, because I was beginning to have doubts regarding you male hormones. 

By the way, you notice the transparency of the ATM machine... the girl's arm...   That's a very cool machine to be transparent like that.

Explain your financial situation, first.  Do you own any bitcoin?  Are you invested in other areas?  Do you have a cashflow?  What's your investment time-line?  What are your investment goals?   What's your risk tolerance?  Have you eaten recently?  do you have a roof over your head?    Etc.