Except he isn't Average Joe.
Oh yeah? Please explain. I would, but you've grown a bit fat and bold. And you smell. Try hard enough, you probably can figure out. |
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Guys, your reasons for the continuing downtrend are all wrong.
It's pretty simple.
1. Whale(s) spend a full year pumping Bitcoin and altcoins to the moon, using massive leverage.
2. Whale(s) gain control of the float and thin it out, pushing prices to the moon.
3. Whale(s) massively short sell/dump in one go. Ending bull run. Whale mega money then sits on sidelines.
4. Whale(s) use lotza coins to squeeze remaining float up and down to make money trading. Mostly down.
5. Average Joes finally lose interest. Sell at bottom.
... and then... eventually... (*we are not there yet*)...
6. Whale(s) use sidelined mega money to scoop up cheap coins at the bottom. Downtrend over. Next bull run starts.
There are no "reasons". There are no plausible "FUD". Its just the way it goes.
Avarage Joe hasn't lost interest yet. You still seem very interested. Except he isn't Average Joe. P.S. Are we not overfeeding the trolls? They're growing a bit fat and bold. Their smell is starting to make the place unpleasant to visit. |
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No earthquake, no imminent disaster, no fear, no Gox. This weekend is just starting earlier because of Easter. Weekdays resume on Tuesday.
How low’s it gonna be by then though? I’m sensing a drop to $5xxx which would suck! Low $6xxx surely. Another SureFire estimate(TM) by SOMA Analytics! (c) 2018 Straight Off My Ass |
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No earthquake, no imminent disaster, no fear, no Gox. This weekend is just starting earlier because of Easter. Weekdays resume on Tuesday.
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Moving along this channel nicely. Same group of fudsters still trying to punch the price down for cheaper coins. I am still of the same mind that getting below existing support levels is going to be difficult and chances are fading by the hour as we close in on April. #dyor #cryptouplift  captioning classic photos is turning into a obsession...  Dont be Greta. The slips - or shakes - are getting weaker, but I am still not so sure we shouldn't count these smaller ones as "ripples" from the first one. In which case, more shakes are coming - and they might be stronger. For now, we haven't seen any attempt to dive deeper than the last dip @7200-ish, which helps me keep my cool. Which long term support do you have in mind when you say that? The bottom of the green strip? How high would that be in a end of March/beginning of April interval? |
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Knowing my footprint will not link back to my real name, tho I'm sure big brother will eventually get wise...
Eventually? Ahahahaha   They know everything about your persona already. |
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This is the link you use for deleting your account. First login to facebook, then go to that link. https://www.facebook.com/help/delete_accountIt's very difficult to find. The deactivate account option is easy to find, but doesn't delete all your data. And honestly, I'm doubtful even deleting your account would actually make them delete data about you. They've got it, it's their data already. Even after deleting your account facebook admits it still retains some data, but claims it "disassociates it from your personal identifiers". However if you don't delete your account it will retain all your data for certain. Also, the amount of gov pressure facebook is under might eventually force it to delete any data remaining from deleted accounts. It is just like a bank account. You ask the bank to remove all your personal information because of the Equifax breach last year and they will tell you the same thing. They will delete you data from their data base once you cease a bank account with them but if you do some more digging you will find out that is a lie. They keep your data on their record books for upto 5 years and even longer due to the IRS forcing them too. Banks at least have got the IRS excuse, which is as good as it gets. Banks also have somewhat accountable headquarters in all countries, so they're easier for governments to control. But Facebook, Google, Amazon? From the US, good luck. From as far as Canada, forget it already. |
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I requested a download of my Facebook data a week ago (haven’t used it for years). Surprise surprise haven’t received it yet.
I guess you will. I did, too, and got the archive nearly immediately, as a matter of fact. It was HUGE. I was scared. I never was a heavy user. Just to keep up with friends' events, birthdays and similar stuff. It was like 3-4 years ago. |
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Anybody that has run the numbers knows that the current network cannot even remotely handle global transactional demand.
And Lightning Network is the answer to that. Not just more block size pile on. Again, block size increases have nothing to do with the promotion of increasing userbase or merchant adoption. If that were the case, merchants and end users would be going crazy for BCash right now. News flash, Walter Cronkite: They aren't. I already addressed that in my original post... Of course, LN might give us a lot of leeway, but eventually block sizes will need to be increased.
Dryja and Poon specifically mentioned the need to eventually increase block sizes in the original LN proposal. A need that no one here denies. But we're doing just fine right now. Let's wait for the opening/closing of LN channels to strain the blockchain, shall we? |
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This is the link you use for deleting your account. First login to facebook, then go to that link. https://www.facebook.com/help/delete_accountIt's very difficult to find. The deactivate account option is easy to find, but doesn't delete all your data. And honestly, I'm doubtful even deleting your account would actually make them delete data about you. They've got it, it's their data already. Neither deleting or deactivating your account forces apps you installed to delete any data they squired from your account. You have send a request to each app developer for that.
All those bitcoiners who claimed stellars from the snapshot last year had to install a stellar facebook app to claim. The stellar app developer is probably holding more of their data than they realize.
A very good and relevant example for this community. |
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BCH could be likened to a parallel attempt to accomplish a similar goal in good faith I might add.
I'm not that sure about the good faith. @Torque Oh, yeah. |
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Paraphrasing Ben Franklin, we are giving up our freedom not for security, but for convenience. Maybe we deserve what's coming. |
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Meanwhile, far away, in another part of town, not only the Dow took a good blow (-1.43%), but even the more stable S&P500 did (-1.72%). The Nasdaq is surrounded by a troupe of paramedics (-2.94%).
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While we're here wondering, let's munch some gossip. Here's a couple updates from Masterluc in the last few days. (2018.03.25)
I do not know what to write, the indicators are not very good. Wall Street on Friday fell heavily, but bitcoin in the meantime is carefully cutting the sausage (sobering up?). In general, we trample carefully on the spot with bad indicators and surroundings.
(2018.03.20)
For my medium-term optimism, it is necessary that the price immediately rises above the daily ma 200 and weekly ma 20.
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I dont have a good idea what will happen from here - only that the old channel lines that are now at 2K and 3K (and will later be higher) will play a significant role and will either trigger the next bull run or will grind on it for 1-2 years before failing.
Thanks for sharing your opinion. One objection I have to the second part of your reply is that trying to make out 1-2 years beyond now is probably a sterile exercise. The "real world" can push a lot, in either direction, during such a long time frame. Lets face it, you're only here because you sold at 2k and you dream of getting back in close to what you sold for? Reveal yourself! Are you asking me or Tera? If it's me you're addressing, you're far from the truth. Very, very far. Not that I would mind getting some coin at 2k... but not because I sold. And it's not a thing of today, or tomorrow. |
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I dont have a good idea what will happen from here - only that the old channel lines that are now at 2K and 3K (and will later be higher) will play a significant role and will either trigger the next bull run or will grind on it for 1-2 years before failing.
Thanks for sharing your opinion. One objection I have to the second part of your reply is that trying to make out 1-2 years beyond now is probably a sterile exercise. The "real world" can push a lot, in either direction, during such a long time frame. |
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BTFD only applies to sharp high volume drops - not the slow preamble before it.
Indeed. At the moment I'm nursing my hedging short. With the gentle swings of today, I managed to up its entry by ~120, while making a small profit. I'd like to buy some corn at the bottom, if I only knew where it is - or when. Just one of these two pieces of data would go a long way. Care to suggest anything from your different - but respectable - vantage point? |
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Seems like there are big fast pushes down followed by a slow movement upwards followed by another big push down. It's that trickle upwards that shows what most of the market sentiment is. The big pushes down are either big sell offs or someone trying to make some money on a short.
Confirmed! Yes, I called them shaking gestures. I wonder if the current one is separate from what happened a few hours ago, or if both together should count as one. However called, down we go again. A higher low? I'm playing wait and see. |
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... that we're all devilish cunts?
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I know a lot of you are socks and long cons and trolls, but for the rest, I'm going to be saying my goodbyes soon. I don't want to get sticky about it. I guess it's personal. Just listen: good luck, godspeed, thank you. It's been a real eye-opener.
I hope we hear from you from time to time. You'll be missed. If you see the Mayor, tell him I don't mind about the pants anymore. They were just old trousers anyway. |
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