HDBuck:    I realize that you are trying to maintain the image that you are NOT influenced by my prophetic posts, but really, dude, you stole all my idears, in your post.      I don't mind though, because I am a kind of charitable and sharing guy..    I cannot help myself like that.  

It's bullish that some articles are promoting the concept of shorting?  Some naive people may think, "oh, I can short BTC?  Maybe I should try that?" 

Which would really be stupid in my thinking for people to be shorting (or learning about shorting), now. 

Surely, there are a few of us, even in this thread that are probably contemplating shorting (or have already shorted around this price territory) b/c they believe BTC prices will go down somewhere between $50 and $350. 

I do NOT have enough confidence to even contemplate such.. and just like always, I feel fairly clueless about the short-term price direction of BTC.

One more point.

I came across this reddit article:  http://www.reddit.com/r/Bitcoin/comments/2h6yl3/no_faith_in_bitcoin_profit_from_shorting_it/

 I found it very interesting that people are promoting some ideas about shorting BTC... which in principle would NOT be a bad idea, but getting involved in shorts NOW seems really looney.. .to suggest merely because BTC has  gone down in price for nearly 10 months that NOW would be a good time to learn about shorting.. or to get involved in shorting seems to be totally looney, in my thinking.

Thanks for que-ing that up Adam - to the Bitcoin section of Peter Schiff's discussion.  He talks such NON-sense out of his ass, but he attempts to make it sound so reasonable and measured.

Remember some of us began to believe that Peter Schiff  may have becoming more bullish on bitcoin  when his gold-selling website began to accept bitcoin as a measurement of payment.  Even though Peter attempts to frame that as merely practical, it does show a little supportive of the bitcoin infrastructure (even though he attempts to argue it as totally undermining bitcoin b/c he supposedly converts all of his received bitcoin into dollars, right away). 

In this video, Schiff does NOT exactly call any specific BTC bottom, but he asserts that the odds are pretty good that he is correct and BTC is on a downward slide, and he would NOT really feel comfortable gloating before BTC prices reach below $100, which he believes is going to happen sometime soon (without exactly specifying when).  Ultimately, a reasonable inference would be that Schiff is predicting NO more bubbles and NO more ATHs - though he does NOT assert that either.

Also, from his comments, a person would assume that Schiff would want to short BTC and/or to bet against it - though I have my doubts that he is doing that - even though he continues to trash-talk btc... Actually, sometimes when I listen to how knowledgeable that Schiff is about some of the market movements of BTC, I begin to think that maybe he has a stake in BTC or at least should take a hedging stake into BTC (just in case). 

Schiff is different from Jorge b/c at least Schiff is an investor in various assets - I don't know about whether Jorge invests in anything.. Maybe a 401k or stock index funds?

Pretty big personal sacrifice for Snowden to leak that information in order to shed light on some of the down and dirty of the government's actions.  Very rare person would be willing to make such an individual sacrifice.    One question remains, too, about whether we are better off as a society by knowing these kinds of things regarding governmental actions and the use of technology?  I am fairly certain that people wonder how secure that they are in their internet life, including bitcoin transactions, if the government has the potential ability to engage in ongoing monitoring of transactions... and we may NOT even know it.. and we may be an innocent target or we may be a fall guy because there could be guilt by association or guilt because we thought that we had free speech but we supported the wrong cause.. or we spoke up regarding governmental actions that we thought were misleading the people.  NOT easy to fairly effectively shed light on the underlying nefarious conduct that may be occurring by people who were elected or people who were appointed or people who were contracted out to carry out duties that were supposedly on behalf of "the people."

Every time I see this, I LOL.....

You sneaky dog.

I should NOT hate the fact that you finally made a smart post.  Maybe it means you are considering getting back in, soon... I will refrain from calling you names... ... for the moment.. 

Didn't you know that we are NEVER gonna see $410 EVER again?


CUT YOUR LOOSE!!!!!!

Remember what I mentioned earlier about opposite?  hehehehehe  


The TIME has come boys, bots and girl (bitchick).......... BTC is on its way to da moon.

NEW ATH.... .here we come!!!!

Well, let's wait until mid-week then, and then we will do the opposite of whatever monkey says.. but don't tell monkey, because then s/he will start employing reverse psychology, and that would be BBBBAAAAAAADDDDD to have a monkey engaged in such tactics.   

Monkey looks pissed!!

We each are probably going to have our own readings on this.. just like my little doggie and Aminorex's monkey... but ultimately, we can find some relief in the fact that prices are kind of holding in this $400 territory.. and that could signify bullish - even though some people are going to read the same behavior as bearish...

None of us really know, so sometimes, we still like to exaggerate our own self-righteousness in the process... which may just be playing around.. to some degree.

Just like currently, even though prices are below $400, I am a little afraid to predict NEVER again $400.. and then a couple of weeks ago, when prices went below $500, I had asserted that we would be back above $500 in a half an hour... and we have NOT been above $500 ever since... so what the fuck?

I think that a lot of us realize that one pretty good sized whale could cause an upward cascade.. that could bring prices into a $100 or even a $500 bounce upward.. but we have NOT been seeing any of that kind of action for several months... and there may be sort of a concerted acceptance from several big whales to realize that the time has NOT yet come for any kind of meaningful upward momentum.  I doubt that means that BTC is dead.. and maybe there could be some irreversible damage from sustained lower prices, but I even have my doubts about that because there are probably a few whales that already know that they can accumulate and even on their own bring prices into very profitable territory and even know that getting into these kinds of profitable territory is going to raise a lot of news and maybe even cause a certain public piling on that they would like to defer for a little longer (could be a week, could be a month could be a year... fuck!!!!!!)

Personally, I also believe that millionaires are a lot more interesting than billionaires because 1) there are a lot more of them, 2) in the aggregate they can make a considerable impact on the BTC market, 3) they are more likely (in the Rpietila line of thinking) to be willing to take a position in BTC, and 4) there may be some other reasons that they are an interesting group.. eg they may not be so stuffy and are more connected with world activities, which relates back to point 3.

It seems that my prediction from 90 minutes ago about "NEVER again $400 was wrong?" 

Bitcoin may NOT be dead, hm? 

I may have to reconsider and talk to lil doggie (she's engaged in self-grooming at the moment, so I don't want to bother her), or attempt to bring in Aminorex's monkey for a more reliable reading on future BTC price situation? 

We are NEVER gonna see $400 again, EVER.


CUT YOUR LOOSE!!!!!!!!!

I know but why does it matter if Roadstress believes that you sound like someone else or that you have similar arguments and/or style as someone else.. ?  So what?  Why is there a need to get into a self reflective mode.. and instead wouldn't it be possible to stick to the various topics at hand..

Of course, you can respond however you like, but I stand by my comment about your seeming glory in striving to side-track by exploring in detail some only minorly relevant point...

Anyhow, just seems to me to be the life of a troll-like.. with moments of humor.. some of your cartoons are cute...

Just for me to attempt to stay somewhat on point with a moment of reflection on Rptiela's calling the bottom.  I do understand some aggravation that people may have with his sometimes seeming self-absorption and seemingly wanting to be right and calling BTC price directions in terms of black and white math... I understand that can be aggravating, but ultimately, we do NOT need to believe all the details of his predictions or to get caught up in his sometimes flamboyance in order to still find some value in his analysis .. and maybe even to conclude that he is wrong in various ways.

Don't be so self-important -because it really does NOT matter too much who you are... generally, your points are NOT very well substantiated, and you spend quite a bit of time mud-slinging and attempting to distract us from the main topic(s) by your various side tangents and technical irrelevancies

For one, if you are NOT mostly all in BTC, and you have extra fiat, it would be good to send some to the exchanges to push up the price... but maybe you consider that you are NOT a big enough fiat whale for that kind of pushing? 

I am NOT sure what can be done in mere propaganda terms (rather than actually physically investing).  It seems that we need either vehicles in which people feel comfortable to send fiat to exchanges in order to make btc transactions on exchanges or if some people are losing trust in the current exchanges to establish exchanges in which they will have greater confidence to be able to invest large amounts of fiat on a whim...

IT seems that Circle and COIN could bring this.  In this same line of thought, there was some sense that second market and GABI were going to bring some of ability to bring cash into the system to cause prices to go up, but those kinds of large fiat injections have NOT seemed to materialize to date in order to cause upward trajectories in the price... I mean if we could get into the $60 to 100 billion market cap range, then there will likely be considerable possibiliities for larger transactions (and greater BTC utility).

That is really great and makes a lot of sense - however, even though there seems to be a lot of very wealthy people out there, it does NOT appear that too many of them are yet taking the hedging (and or speculation) actions that you are describing to be reasonably within their financial interest.