Ignoring people because they have different opinions than yours is the reason you holders are losing money every day, while people like me who are able to consider other peoples points of view cut their losses long ago.
I'll be listening for the butthurt to ratchet up a notch once we get sub 300. Shouldn't be long now. This train is off the rails.
It's impossible to lose money if you don't sell. watching your posts lately really hurt my eyes, the level of writing doesn't really reflect posts from a PHD holder (as you claim).... especially a computer science one, when the most thing that profession relay on is the things that you seem to be missing (math+logic).
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You must be new here, I saw allot of people leaving the board after being skeptic about Bitcoin or because of getting burnt or frustrated or simply losing interest... I saw few turning millionaires and many others losing all their investments due to volatility, heist, scams, theft, or closing services... and let me tell you something, Bitcoin ecosystem is full of this shit.
You mentioned only a few posts back you were leaving, yet here you remain..what happened? you mean this post ? Ah, I am tired of trying to save everyone, I wont share my opinion with you I don't give a shit anymore, some of you will really burn hard and learn the lesson first hand, same way I did with many things in life.
I am moving on from speculation....
I remembered that I still have a shitload of not used ammo, so I will be here till I use all the " in your face" and " I told you so" ammo... then I will see if it is worth it to not debunk the theories of the delusional perma troll bulls.
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Please remember, a lot of selling in the hopes of buying more at a cheaper price, I think not a single bitcoin involved person has completely turned his back on BTC. Heck, even ShroomsKit is still crying on this forum... consider it a bullish sign.
In the meanwhile al the coins being dumped now are also being bought.
Even the chinese are getting back in...
The only one who's going to be really crying are those buying back in last, among ShroomsKit will be one of them.
You must be new here, I saw allot of people leaving the board after being skeptic about Bitcoin or because of getting burnt or frustrated or simply losing interest... I saw few turning millionaires and many others losing all their investments due to volatility, heist, scams, theft, or closing services... and let me tell you something, Bitcoin ecosystem is full of this shit.
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I think we are still going down.
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I don't know why you call it "algorithm", do you really have an actual code written to monitor the change ? because as far as I can tell anyone could see the buy signal only by watching the 1W chart, a reversal would clearly appear there without the need to write any kind of code, just observing would be enough to do the job. 2 weeks ago people where excited when we went from 275 to 417, they called reversal and the moon, while it was only a good but very risky trading opportunity... everything shows that we are still heading down.
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We went from $365 to $335 and bulls were totally quiet, then the price go $10 up and retards are calling a bubble and reversal... just amazing.
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someone just bought 3000 BTC at Bitfinex
Edit1: market order
Edit2: 4500BTC
Edit3: seems like someone want to punish shorters.
Edit4: 6000BTC but the price barely moved $7
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The scent of fear is strong. Bears, trolls, and whales will soon feel sharks teeth.
you are delusional, you are feeding the bear market. Do bears not bleed? Now who is delusional? Well, we will see who will bleed the most. maybe I am delusional, maybe you are, but soon we will know for sure.
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The scent of fear is strong. Bears, trolls, and whales will soon feel sharks teeth.
you are delusional, you are feeding the bear market.
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Good Morning, my daily check of the 1W chart: - Price still declining => check - People still delusional => check - Bag holders losing their shit and posting why Bitcoin will go to moon => check - The hate and denial is at ATH => check - Trolls at ATH => check - Shorts going up => check - Perma bulls crying and begging people to hold their coins instead of trading or lending it=> check - Finally the most important chart updated, just for people who yelled reversal and asked if we are blind :
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A ponzi scheme means it can only work if new people keep investing fresh money to sustain the pyramid. Bitcoin will be useful even at $1, so it is not a ponzi or a pyramid. Also a ponzi scheme usually guarantees profit (like for example 5% monthly), bitcoin doesn't guarantee any profit.
Bitcoin needs new investors in order to sustain the price, otherwise it will go to 0 easily... just remember that there is 13 million Bitcoin in existence against a really thin order book, a 100K market order across all exchanges could easily bring the price to zero....but thankfully more than 90% of holders thinking about getting rich and hoarding their coins causing a balance between the liquidity and the lack of demand, which bring some kind of stability (or rather a slow price decline). I still think that the price was a huge bubble that will burst, but I just wish it will continue doing this calmly without any sort of panic and massive flash crashes that could lead to even more panic and shake the confidence ... well talking about confidence, the get rich quick and pigs/perma-bulls/perma-bears are going to be burned and will lose allot eventually, but the objective investors/watchers/entrepreneurs who really understand the technology and what it really offers and what need to be improved will benefit the most.
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so when do we hit the bottom people?
When people stop lending their coins out for shorting. how old are you ? and what kind of education do you have ?
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I just don't get it, it went $7 and you are complaining, what will you do when we hit sub $1xx ?
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I am really surprised that some of you still give a shit about what shroomskit posts here, I thought it was obvious that the guy is the biggest troll around.
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On a more serious note, <==click Discuss. Non-economic actors are buying/borrowing bitcoins OTC, then using them to sell down the market at a loss. It will work until all the weak and gullible hands have no more bitcoins, then it won't. The weak hands... I didn't imagine the delusion phase will be this long.
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Don't give me a fish but teach me how to fish
The saying was "give a man a fish and you feed him for a day; teach a man to fish and you feed him for a lifetime". Note the subtle diference -- no "don't" there... True, I said it my way...but we both agree about the essence.
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Well, rather have a ton of 'selfish' people helping out the needy, than having more people lke you, doing nothing and posting about how stupid those helping people actually are.
Don't give me a fish but teach me how to fish, you know the pathetic religion ideology of helping which is to give a drop of what you really need (food, shelter, clothing...) and tell you how would your life get easier if you joined the religion(Christian, Islamic, Jewish....), a desperate person in need would do anything, heck people usually sell their daughters and wives and do what you cant even imagine just to be able to eat, so when this kind of people show up there they seem like savors... they offer them the perfect delusion. in developed countries, where this kind of people are losing their authenticity and people usually call their shit off, they teach the people in need skills that could change their lives, they give them a start with a plan to change their lives so with the education and the new skills you wont be surprised when the same people they were in need come to help others people in need in short matter of time. if you help someone, try to help in a way that he would be able to help others in the future, it doesn't have to be only money or food or clothing, but knowledge is priceless.
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20k BTC in Swaps at Bitfinex.
What. The. Fuck.
Not sure if whale shorting, whale taking all the swaps to fool bulls expecting a short squeeze or simply everybody and their granma shorting ...
it seems that someone is prepared to pay some interest to hold the Bitcoins offered for shorts in order to prevent the price from going down... but for how long he could do it.
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I dont understand, I can see longs with the buys appearing but I don't see any huge sells with the kind of these shorts (+20K BTC), I just don't get it.
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in 32 Hours the price according to my sources will be $377 (+/- 5) yea, your only "source" is being too much invested and shitting your pants because of that....pathetic. Promise me you will re-quote this at 01:00am ( GMT - UTC) in the early hours of Monday morning. Promise, Ha ? I don't forget things really easy and I have allot of " I told you so" ammo, I am preparing it for many bull-tards here, so don't worry. Told you so now keep calling a reversal while we are going down, one day it will happen and it will make you feel better about your self.
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