There is NOTHING wrong with trains... and there is NOTHING wrong with sensible posts.

I would NOT classify your last post of "ha ha ha, i did  better than you," as a sensible or even a useful post.  

But YOU are going to do what you are going to do, and surely, if you have a reasonable prediction about the direction of the market (before it happens), then I am sure plenty of posters here would be interested to hear what you have to say.  If you are merely bragging after the fact, then I do NOT see what purpose that serves, except possibly just an attempt to incite or to insult other posters.

Did anyone say that there is anything wrong with making a buck? 

 

Carra23:  You must have some kind of inferiority complex if you get pleasure out of seeing some other people do worse than you, and then you feel some kind of need to "rub it in"

I doubt that you are particularly omniscent.  And, if it is true, being in fiat may NOT be the right way to go... that is if you are all in fiat or if you are planning to reinvest in BTC.

Three cheers for HODL!!!!!!
Three cheers for HODL!!!!!!
Three cheers for HODL!!!!!!
Three cheers for HODL!!!!!!

For about a week, I have been holding onto a certain quantity of fiat anticipating that the market could go below $450.. ... but it seems less and less likely that prices are going to cross down there.  If I could rest assured that we would NOT cross into the $400s again, I would put that fiat into BTC.  However, at the moment, I am NOT that confident, so I am going to hold my little bit of fiat in reserve, just in case.

The original post in this line of question from Pepo..  seems to be a form of FUD-making and/or based on superficial mainstream propaganda.

Cryptos can both distract from and contribute to the value of bitcoin.  Overall, the various alt cryptos have remained a fairly low percentage of the overall crypto market cap - less than 10%.

I get the sense that some of the developments with side chains will increase BTC's value - yet I understand that some of the competing cryptos continue to suggest that the side chains will NOT distract from the value of some of the alt cryptos.  For example, the Ethereum project remains in full-swing - although maybe behind the scenes, the Ethereum founders will make adjustments to their going forward strategy(ies).

I am thinking that we are at 13 or possibly between 13 and 14 ... Alternatively, we could be at 11-ish. 

Maybe we will know better about where we were in 6 months? but I doubt it. 

For the next year or two (and possibly longer), there will continue to be considerable dispute about where BTC has been and where BTC is going.

Some people may consider bitcoin a failure if the price hovers between $300 and $2000 for the next two years - Seems more plausible that we would hover between $1000 and $4000 at least from the later part of 2014 until mid-2016.  Though others are expecting much higher results than that. 

I hope that I am too bearish in my thoughts about what is likely, and the results end up being higher than my expectations.  $4,000 and above would be great, and I have some difficulties fathoming anything above $25k b/c that would certainly result in a quick and massive redistribution of wealth.... which is just difficult for me to grasp..... though it seem to be true that the world has already accepted some redistribution of wealth through bitcoin.

I agree with XXX that you Rpietela provide good quality posts.  I have read through several of your past posts.    Yet I continue to wonder why this forum allows such quantity of trolling.  The forum does NOT need to allow everyone - especially those who seem to be purposefully spreading FUD

Largely I agree with your above post - yet I do NOT recognize trolling as posters who may just have the wrong information.  I would define trolling as posters who may know better, but they are purposefully posting false information.

Sometimes posters use phrases, such as, that is my feeling b/c this is part of the speculation subsection of the forum.  S0, individuals act based on the information that they have at their disposal at the time they make their decision(s) about what to do next.  NOTHING wrong with that.

I guess my point is that I recognize trolling as deliberate - rather than mere confusion or misunderstanding or even sometimes being a victim of the bad information of trolls.

What kind of bothers me is that some of these market dynamics are being discussed as if they are NON-manipulative and some objective measures of lack of BTC sentiments.. which really does NOT seem to be the case....

I think that there is a considerable amount of lack of confidence for investors to send fiat to exchanges.. and accordingly, much easier to send BTC to exchanges... accordingly, we get a greater amount of downward price manipulations.

Then we have some untrustworthy elements with some of the exchanges and their lack of transparency (regarding both volume and maybe even regarding whether they are engaging in any kinds of fractional reserve like practices).  I think that it remains quite a way into the future before there may be ways to truly be able to establish prices in decentralized manners that would reflect how people really felt about investing in BTC.  So in that regard, BTC prices seem to be a little depressed, and there may be continued depression of prices for months - however, at some point, the upward momentum will have to break upwards and less ability to keep the price down.

Whether I am being pie in the sky with my thinking, that is how I am currently considering the downtrend in the price matter.

So the number reflects transactions on the blockchain, but NOT transactions on various exchanges that are occurring off of the block chain?

 Some day, it would be nice to have some additional transparency to include those other transactions, as well, maybe in separate chart(s)...

Uncle Sam is a complicated mechanism comprised of a variety of conflicting entities and ideologies.  Some of those entities are hidden and quasi-self-autonomous, until they are ratted out.. here and there.. and people are killed and persecuted for revealing some of the shenanigans within some govt agencies in the guise of national security.  I would NOT rest assured merely b/c the IRS says one thing and NY state govt says some variation and California  and Texas government says something else and FINRA says something else, and Dept. of Treasury says something else.

Have we had Homeland security and NSA chime in, yet?  or the FBI and/or CIA... and/or Dept of Justice..   Anyhow, my point is that there are a variety of conflicting regulatory and policing entities, and some of them are NOT going to disclose exactly what is their position concerning bitcoin... However, we can likely rest assured in some regards to have some positive outcomes, and we can also probably rest assured to some extent that the bitcoin market cap is still fairly small, so may NOT be perceived by some actors as a problem , but instead as a benefit to the economy and to their own self-interests to acquire and preserve wealth.

I'm exaggerating a little bit, too..  yet I don't think that you need to explain further... we come to different conclusions and NO one really knows.  Certainly, he can provide his own analysis, and in the end, some bets may NOT pay off.. but that may NOT be the result of bad prediction, just inability to predict based upon the realities of actual manipulation that is taking place.. You can only go so far to predict the extent of the manipulation.

For all we know, Uncle Sam may have the 650K missing GOX coins and using those coins to undermine bitcoin...   Uncle sam has a better chance of undermining bitcoin, if they can widdle away public confidence while bitcoin is still in its infancy stages.  Additionally, some big banks may be willing to engage in some of this purposeful loss of money to manipulate the market downward... we do NOT really know for sure whether some manipulator(s), to the extent they exist may be operating at a loss in order to affect the price.

Sorry to be so conspiratorial.. but I think that there is only so much that you can do with TA lines.

Usually, I had been seeing Chestnut lose his cool b/c guys were pounding on him and beating him up, and in this instance, it  seems that Chestnut is coming out ahead...   GO Chestnut!!!   I am a fan of the underdog. hehehe 

I think that Chessnut has given as good of an explanation as can be expected under the circumstances.  The Bears have been attempting to strategically push the price down on several occasions over the last week or so.. and they just have NOT been successful... thus the price is likely to continue from the direction in which it came... he he he...

I was beginning to become a little bearish, too after seeing the lack of upward movement, but I just do NOT see a whole heck of a lot of ability for the bears to continue to push the price down (absent additional FUD).  The bears have run out of steam, and they are getting tired of selling to themselves b/c NO one else seems to be selling.

The last 12 hours or so have seen some increases in volume..

Whether we have rumblings of significant price movements, only time will tell....

Even though I do NOT do lines, it seems that breaking above $560-ish or breaking below $450-ish would be significant regarding which way we are heading next.. Otherwise if the price bounces back and forth between $450 and $560, I am NOT going to get too excited...

Dorian seems to be a man of few words, and upon receipt of the 48 BTC, Andreas asked Dorian whether Dorian had any plans for the 48 bitcoins?  Through blubber and tears only one word could clearly be deciphered:  "HODL"  

AND       . ... we may go as low as $490       OM   F'n  G    !!!!!!!

Dont forget the part about all traders are idiots.

Actually, you are correct that the first thing that popped in my head were the various kinds of "nutrition" ration bars that NOT only have sugar and flour, but they contain bad oils as well (soy oils and hydrogenated oils - which are forms of transfat - which the body does NOT tolerate well). 

I just googled MRE ingredients, and I was trying to figure out whether my statement regarding anti-nutrients would stand for those foods as well, and there is NOT a lot of specifics about the ingredients.. like what kinds of oils are contained therein. They probably contain transfats b/c transfats store longer and they are replacement/substitutes for saturated fats.  Our bodies tolerate saturated fats well, but NOT transfats b/c transfats are not natural substitutes that are forced into form.

In the end,  I would NOT consider MREs as nutritious, even though the human body may tolerate them more and on a longer basis and have fewer anti-nutrient's as the bars.  I remain concerned about eating any foods on a regular basis that are intended for long-term preservation b/c some of the preservatives that are contained therein can cause various forms of additional inflammation in the body. 

A young strong troup may be able to tolerate some of that abuse more than other people who may NOT be as young and strong..  Surely, good for troups to be eating food rather than NOT eating.

Anyhow, back to BTC.... we are getting more and more merchant acceptance of BTC which does allow more and more avenues to spend BTC.  Yes, we should all be spending our BTC, when possible, and if BTC prices seem to be too low when we spend the BTC, then we should be replacing that BTC as soon as we spend it.  On the other hand, if the prices are high when we spend the BTC, then we may NOT need to replace the BTC at the then current market rates.