If that guy thinks that the stock market is actually better, he should read my take on it here:

https://bitcointalk.org/index.php?topic=2098580.msg21161390#msg21161390

The "1% establishment" is just pissed that there are way more people in the world that own $5K worth of bitcoin, than there are that own $5K worth of any of the FANG stocks. This is especially true in countries with a shitload of personal debt.

The "1% establishment" doesn't have a corner on the Bitcoin market through excessive derivative leverage, nor do they have a majority stake, and as such will not get uber rich if all the Average Joes continue to buy up bitcoin to the moon over time. They also can't just whip up more bitcoin from thin air like they can/do with stocks. That is why they absolutely hate it. Because they ultimately can't benefit from it and continue to get enriched from it, like they do from stocks, 401ks, etc.

Hehe, well I'm pretty terrible with guessing dates of ATHs. Plus I'd rather the btc get awarded to someone in more need than myself. I've got a decent enough stack... I'm doin' ok. 

^^^^^^^^
Is that a young Bobby Lee? 

I'll admit that I'm currently completely ignorant about crypto mining. But I will be building a house next year, and intend to set up a 10kw solar array on the roof (with enough expansion for another 5kw) with battery storage. Yeah, my roof will be that big. So by my back-of-a-napkin calculation, with the 10kw I will have some yearly excess power, and with 15kw I'd definitely have surplus. Was thinking that setting up a crypto miner would be a no-brainer.

What's your monthly power consumption?

Ummm, guys? If this is accurate, then in about two days Bitcoin is about to see it's biggest upwards difficulty adjustment since Feb 2016.

+21.63%    Bullish?

https://bitcoinwisdom.com/bitcoin/difficulty

The whales needed a market top and subsequent crash. In absence of a true crash catalyst (0day exploit, exchange hack, Mt. Gox event, etc.), they needed to invent one. Coordinated FUD only served to provide the "cover story". They intended to dump and short anyway.

All they have left is FUD and social engineering to slow Bitcoin's progress. It won't work. People are starting to recognize and see right through the bullshit. They will buy on the way up as well as on the way down.

So many new account posters here have no long term vision.

I expect at least 80% of you to vanish from here within 1-2 years, just like MatTheCat and the others from the past who pissed all your money away on FOMO buying, then fear/greed gambling, selling at the bottom, and the like.

Read my lips: you will NEVER be wealthy in the future, because you are doing it all wrong.

How do you know they aren't accumulating more on the dips?

Really?

Was it tough for the WinkleVii? Tim Draper? Richard Branson? Barry Silbert? Erik Voorhees? Even Gene Simmons? lol They all saw their many millions dollar btc investment essentially get cut in half on paper.

If they are not selling, then I don't think any other savvy investor should be either. Do you?

Four years from now, I have no doubt that we'll see $15-20K/btc.

That is all.

From this?
https://twitter.com/cnLedger/status/908664109826056192

I'm sure that after all exchanges and miners comply with the "new" policies, they'll magically be allowed to reopen.  

Also Bobby Lee is an outsider in China, he never learned how to grease the palms like his brethren.  

I like how the PBoC sat and watched all the crazy trading activity for 5 full months, watching the price of bitcoin, altcoins, and ICO tokens rise and rise all summer long.

Then decided to suddenly shut the exchanges down in Sept.

They could have done that way back in March, but didn't. They could have done it years ago, but didn't.

Methinks Chinese banksters have been playing the market this whole entire time.

I am going to laugh if China decides not to ban their exchanges, just make them adhere to some extra regs.

And why would they want to ban the exchanges permanently? Without that trump card of FUD they wouldn't have any "spectre of a ban" to lord over the market with anymore. FUD is the only way for them to sway sentiment in a negative way.

Notice how this whole massive pump really started around 3000 on 8/4.

Also notice how they are poised for a third leg down, probably dipping.... wait for it.... just below 3000.

Yep, massive whales pretty much caused this whole run up.

"They'll only run it up massively if they have a way to bring it back down just waiting in their back pocket."

While they are asleep ?  So who do you think the target audience was?

Wanna wager a guess at what it will be?

My bet is on something happening with Qatar. Saudi Arabia (at the behest of the U.S. deep state) has been busy painting Qatar as an epicenter for Islamic terrorists, and tying them closely with Iran. Which is like a pot calling a kettle black. But no matter, they've managed to keep going deeper with that false narrative and it's likely all leading up to eventually painting them as a scapegoat.

Scapegoat for what? Likely another terrorist attack somewhere, with the terrorists "conveniently" being found to originate from Qatar. Que the global retaliation.

And it's all over LNG. That's all it is about.

If the PBoC really intends to shut down the Chinese exchanges for a brief period of time in October, that can only mean one thing.

That some global tomfuckery shenanigans are about to go down in Oct/Nov. timeframe or perhaps Q1 2018, and that they don't want a stampede IN to bitcoin.

Yeah, a peg at exactly 0.121 for over a month now. I've been watching it. What a farce of a market they have. No one wants that shit.