Regardless of what I believe, telling "total bullshit because that creates new money" is wrong, if you care about that sort of thing.
Sustaining Bitcoin's price by lying to investors is fraud, no matter how you couch that.
Fraud? It's not fraud to tell someone you believe the value of Bitcoin is going to double or triple or whatever unless you attach a timeframe and profit from it personally. Being generally positive is just believing in Bitcoin. But that's not what we're talking about. We're talking about this: I like the continuous to the moon talk even if it is total bullshit because that creates new money.
That's right. It's advertizing. You mean you people don't realize you are running a continuous Bitcoin advertisement? You know negative ads sell just like positive ones. That just sells the opposite outcome. People love Andreas because he sells a constant positive image of Bitcoin. People here are just as likely to sell a negative one. They may be telling what they honestly believe about the short term but it still can be a self fulling prophesy. |
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I like the continuous to the moon talk even if it is total bullshit because that creates new money.
How very hypocritical of you. No, not really. Read my last post and you'll see why it's for their own good. I read all your posts. I still don't see it. I like the continuous to the moon talk even if it is total bullshit because that creates new money.
It does but, when done with poor timing in a correction, it also creates a lot of negativity because people start to lose value pretty quickly. That can just as quickly start a cycle of negativity that actually inhibits new money. It might be negative in the short run but think about the long run. Lots of positive here defeats the negative in the press. Some poor fool buys at the wrong time and there is a drop. Ok, he's pissed at first but won't sell because he doesn't want to lose any money. While he's waiting for an increase he starts to read and learn. Now he likes the idea of Bitcoin because he understands it. Eventually it goes up and he's a happy convert to the cult. All of the honesty here is fucking up Bitcoin. lol How does the end of that post do anything but prove my point? It's hypocritical to want people to buy into the idea of Bitcoin because it benefits me? Isn't that what businesses are trying to do with advertising? |
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Profit taking on an up trend?
Traders are extremely greedy and long term blind. They risk everything as long as they can take that 50 bucks profit. And that's why most of them lose money. And at the same time ruin the market. Traders are Bitcoin's cancer. I'm glad you said it and not me. |
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Regardless of what I believe, telling "total bullshit because that creates new money" is wrong, if you care about that sort of thing.
Sustaining Bitcoin's price by lying to investors is fraud, no matter how you couch that.
Fraud? It's not fraud to tell someone you believe the value of Bitcoin is going to double or triple or whatever unless you attach a timeframe and profit from it personally. Being generally positive is just believing in Bitcoin. |
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I like the continuous to the moon talk even if it is total bullshit because that creates new money.
How very hypocritical of you. No, not really. Read my last post and you'll see why it's for their own good. I read all your posts. I still don't see it. I like the continuous to the moon talk even if it is total bullshit because that creates new money.
It does but, when done with poor timing in a correction, it also creates a lot of negativity because people start to lose value pretty quickly. That can just as quickly start a cycle of negativity that actually inhibits new money. It might be negative in the short run but think about the long run. Lots of positive here defeats the negative in the press. Some poor fool buys at the wrong time and there is a drop. Ok, he's pissed at first but won't sell because he doesn't want to lose any money. While he's waiting for an increase he starts to read and learn. Now he likes the idea of Bitcoin because he understands it. Eventually it goes up and he's a happy convert to the cult. All of the honesty here is fucking up Bitcoin. lol |
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I like the continuous to the moon talk even if it is total bullshit because that creates new money.
How very hypocritical of you. No, not really. Read my last post and you'll see why it's for their own good. Lying to people for their own good. The stuff every dystopian fic is made of   It's not a lie. Don't you believe Bitcoin will eventually be worth a lot of money? 21,000,000 can only be split between so many people in whole bitcoins. Eventually Satoshis will be the new Bitcoin. |
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I like the continuous to the moon talk even if it is total bullshit because that creates new money.
How very hypocritical of you. No, not really. Read my last post and you'll see why it's for their own good. |
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I like the continuous to the moon talk even if it is total bullshit because that creates new money.
It does but, when done with poor timing in a correction, it also creates a lot of negativity because people start to lose value pretty quickly. That can just as quickly start a cycle of negativity that actually inhibits new money. It might be negative in the short run but think about the long run. Lots of positive here defeats the negative in the press. Some poor fool buys at the wrong time and there is a drop. Ok, he's pissed at first but won't sell because he doesn't want to lose any money. While he's waiting for an increase he starts to read and learn. Now he likes the idea of Bitcoin because he understands it. Eventually it goes up and he's a happy convert to the cult. All of the honesty here is fucking up Bitcoin. lol |
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Yeah, that's all true. I have learned that slowly, oddly enough, from watching this thread. I think this forum controls Bitcoin price more than it should. This thread in particular is one that is a controlling force because people do make buy and sell decisions based on what they see here and it pops up every time at the top of "new forum posts" because it's the most active thread on the forum.
It scares me to think this forum is a market maker. I sort of refuse to believe it, but it may be true. If it is, everything is far more fragile than I thought. Yeah, it is scary and we are all trying to make long term money. I don't know if it's fragile or just confusing to people. If you knew nothing about Bitcoin and were thinking about buying a few but saw the volitility over the last couple of years you would go somewhere to find out if it a good time to buy. Good or bad, that place is here. Not here on this forum but here in this thread. I like the continuous to the moon talk even if it is total bullshit because that creates new money. |
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Ok, your not a shit talker. You should have just called me out like you just did.People are responsible sure but they get led in the wrong direction all the time. That's not their fault. If not this forum where are you supposed to get advise on Bitcoin?
It's up to the individual to read everything they can, and come to their own conclusions. It's simple due diligence. You can't just come to this forum and expect to get sound financial advice. And if you think someone makes valid points, read their post history. See if they've ever been right. Or see if they just spout the same crap no matter the price (half the bulls in this section of the forum). Better yet, just use common sense. Sans a black swan event, it's pretty easy to gauge the sentiment of the community across here, reddit, and other sources. That, and a little math and the available network metrics. When X amount of coins are minted per day requiring X amount of millions to sustain a price seems outlandish based on perceived sentiment, or the driving force behind a rally (China) is losing steam amidst disconcerting government announcements, hey, it's probably going down a bit. No need to listen to people shouting "cheap coins" when all this is staring you right in the face. Yeah, that's all true. I have learned that slowly, oddly enough, from watching this thread. I think this forum controls Bitcoin price more than it should. This thread in particular is one that is a controlling force because people do make buy and sell decisions based on what they see here and it pops up every time at the top of "new forum posts" because it's the most active thread on the forum. |
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I understand. You I might listen to and take short term advise from. You provide rational arguments and really seem to know what your doing unlike the shit talkers here who post intelligent responses like Derp. I'm sorry I thought you were just another one being a downer. As someone suggested, I should have just asked you why you thought that.
How am I a shit talker because I agreed with everyone calling you out for being pretentious with a fake bet? I said "derp" because, frankly, you were alluding to the fact that personal responsibility is somehow not an implied necessity for life in general. Ok, you're not a shit talker. You should have just called me out like you just did. People are responsible sure but they get led in the wrong direction all the time. That's not their fault. If not this forum where are you supposed to get advise on Bitcoin? |
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Those "1 QUADRILLION!!! btc" bets are so off-putting. Last one that I remember that completely failed was something between rpietila and windjc, iirc.
Point is, with a stake that high (even for the "big holders"), it never comes to fruition. Take a hint from the regular money rich dudes: when they make a public bet, it's in a reasonable range: cigars worth a few thousand dollars. 10k to a charity. Stuff like that. They don't always need to flash 25% of their net worth to make a bet.
Hence my suggestion: if you want to call someone out on a statement, in the form of a bet, make it in the range of a few k USD. 5 BTC. 10 maybe. It's enough to make your point, looks good, and most importantly: it's not so bloated an amount that it never will be taken up.
/rant
I always believed that anyone sitting constantly watching this thread and trying to predict movement was playing with a lot of coin. It hardly seems worth it to me if your not. I'm not watching this thread like you make it out to seem.. I came on here based on my analysis to provide what I thought was going to happen based on the charts I saw... which I check maybe once or twice a day. I genuinely am not trying to scare people off to sell or whatnot so I can buy cheaper I try to say what I think the truth is. I hold coins and never sold 1 although my average buy in price is much lower. That's exactly what I thought you were trying to do. Scare people off. I know you thought that based on your reply to me and that's why I'm telling you that. Anyways no point to call people out with something you can't back up either... contrary to what you may think the market is not totally random.. although mathematicians claimed to have proven it so, I've been around long enough to see that they aren't... money management is HARDER than trying to predict direction which you can train to determine with an edge... and an edge of 1% is sufficient to make any amount of money you like over time, but the balls to put money where you mouth is harder than anything else.. so essentially if I get odds based on what I believe is the direction then why wouldn't I be prepared to bet on it? We can do a smaller amount if you would like. I don't think it takes anything special to be a gambler. But all the negative - it's gonna drop really low is keeping it down. A lot of people read this silly thread and don't post and take the advice of people that really don't know what's going to happen. Oh it does take something special.. it takes atleast 10k hours just like any other profession. Anything less and you are just that.. a gambler not a trader/investor. Most ppl give up.... and I prefer long term valuations instead of trading because I don't have the time to devote to watch swing positions and be mentally prepared for shifting sentiment. But they assume that the people posting here have and they can lose big time. I will assume that you have all the experience and degrees in trading and you are giving sound advise. What if I acted on it and sold everything waiting for this big drop than never happened? That's bad. Its up to the reader to qualify in his mind which posts he will pay attention to and which one he won't... to my knowledge I give sound advice and it may be wrong... may be right.. but I believe even with a 1% edge over time you will be more right than wrong and that's all that matters... if someone is putting more than 1% allocation on a bet like that they will end up with 0 sum because the odds aren't in his favour. Just like people claiming to da moon or to da floor... people don't really pay attention unless they qualify it with a reason in their mind to do something about it. I could have given a more technical basis for the reason I posted what I did but I seriously would rather refrain from that unless im backed into a corner and I have to come up with the time to explain because everyone and their dog can "predict" price in the short term like you say.. some people seem to get it right more than they get it wrong.. and thats probably why there are traders who make it and aren't reliant on luck alone. I understand. You I might listen to and take short term advise from. You provide rational arguments and really seem to know what your doing unlike the shit talkers here who post intelligent responses like Derp. I'm sorry I thought you were just another one being a downer. As someone suggested, I should have just asked you why you thought that. |
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I don't think it takes anything special to be a gambler. But all the negative - it's gonna drop really low is keeping it down. A lot of people read this silly thread and don't post and take the advice of people that really don't know what's going to happen.
You mean like the people who bought at $1000, or the dude who sold his house to buy at 650 or some shit? No, they might believe like everyone that eventually it will be worth more and they can hold long enough but to do it for a few months, weeks or days is nuts. They might believe that. Then again, they may have just heard like 95% of people shouting "TO DA MOON!" and decided to (panic) buy based on that. Yeah, I guess so. You guys aren't responsible when people act foolish. You bastards have lost me a few coins before but I guess that's my fault for listening to you. |
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Those "1 QUADRILLION!!! btc" bets are so off-putting. Last one that I remember that completely failed was something between rpietila and windjc, iirc.
Point is, with a stake that high (even for the "big holders"), it never comes to fruition. Take a hint from the regular money rich dudes: when they make a public bet, it's in a reasonable range: cigars worth a few thousand dollars. 10k to a charity. Stuff like that. They don't always need to flash 25% of their net worth to make a bet.
Hence my suggestion: if you want to call someone out on a statement, in the form of a bet, make it in the range of a few k USD. 5 BTC. 10 maybe. It's enough to make your point, looks good, and most importantly: it's not so bloated an amount that it never will be taken up.
/rant
I always believed that anyone sitting constantly watching this thread and trying to predict movement was playing with a lot of coin. It hardly seems worth it to me if your not. Then you didn't get my point, or I didn't make it clear enough: The "old school" example of millionaire/billionaire bets (that I know of) are for sums as well that "aren't really worth it" for the people involved. I always assumed they make those relatively modest bets because a) it doesn't look too outlandish to the general population, and b) it serves the purpose: "putting money where one's mouth is". But, yes, if your main goal of a public bet is to make money with it, then high stakes are necessary I suppose. You're right I should have just told him to stop telling people about "the big drop". That was stupid. |
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Those "1 QUADRILLION!!! btc" bets are so off-putting. Last one that I remember that completely failed was something between rpietila and windjc, iirc.
Point is, with a stake that high (even for the "big holders"), it never comes to fruition. Take a hint from the regular money rich dudes: when they make a public bet, it's in a reasonable range: cigars worth a few thousand dollars. 10k to a charity. Stuff like that. They don't always need to flash 25% of their net worth to make a bet.
Hence my suggestion: if you want to call someone out on a statement, in the form of a bet, make it in the range of a few k USD. 5 BTC. 10 maybe. It's enough to make your point, looks good, and most importantly: it's not so bloated an amount that it never will be taken up.
/rant
I always believed that anyone sitting constantly watching this thread and trying to predict movement was playing with a lot of coin. It hardly seems worth it to me if your not. I'm not watching this thread like you make it out to seem.. I came on here based on my analysis to provide what I thought was going to happen based on the charts I saw... which I check maybe once or twice a day. I genuinely am not trying to scare people off to sell or whatnot so I can buy cheaper I try to say what I think the truth is. I hold coins and never sold 1 although my average buy in price is much lower. That's exactly what I thought you were trying to do. Scare people off. I know you thought that based on your reply to me and that's why I'm telling you that. Anyways no point to call people out with something you can't back up either... contrary to what you may think the market is not totally random.. although mathematicians claimed to have proven it so, I've been around long enough to see that they aren't... money management is HARDER than trying to predict direction which you can train to determine with an edge... and an edge of 1% is sufficient to make any amount of money you like over time, but the balls to put money where you mouth is harder than anything else.. so essentially if I get odds based on what I believe is the direction then why wouldn't I be prepared to bet on it? We can do a smaller amount if you would like. I don't think it takes anything special to be a gambler. But all the negative - it's gonna drop really low is keeping it down. A lot of people read this silly thread and don't post and take the advice of people that really don't know what's going to happen. Oh it does take something special.. it takes atleast 10k hours just like any other profession. Anything less and you are just that.. a gambler not a trader/investor. Most ppl give up.... and I prefer long term valuations instead of trading because I don't have the time to devote to watch swing positions and be mentally prepared for shifting sentiment. But they assume that the people posting here have and they can lose big time. I will assume that you have all the experience and degrees in trading and you are giving sound advise. What if I acted on it and sold everything waiting for this big drop than never happened? That's bad. |
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I don't think it takes anything special to be a gambler. But all the negative - it's gonna drop really low is keeping it down. A lot of people read this silly thread and don't post and take the advice of people that really don't know what's going to happen.
You mean like the people who bought at $1000, or the dude who sold his house to buy at 650 or some shit? No, they might believe like everyone that eventually it will be worth more and they can hold long enough but to do it for a few months, weeks or days is nuts. |
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Wait, now you're suggesting you really had no intention of betting? Even if he did take you up on the 500BTC bet? Lol...
Of course, I'm not fucking crazy. That's like a quarter of everything I've collected for years. I just thought he was trying to scare off buyers and he called my bluff. Bravo! lol Right. Except you could have said this from the beginning instead of waiting to be called out for playing the "oh that bet is too low for me" card. P.S. Nobody believes you. Doesn't matter no one should believe anything here. No one is predicting. They are guessing and sometimes their right and sometimes their wrong. |
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Those "1 QUADRILLION!!! btc" bets are so off-putting. Last one that I remember that completely failed was something between rpietila and windjc, iirc.
Point is, with a stake that high (even for the "big holders"), it never comes to fruition. Take a hint from the regular money rich dudes: when they make a public bet, it's in a reasonable range: cigars worth a few thousand dollars. 10k to a charity. Stuff like that. They don't always need to flash 25% of their net worth to make a bet.
Hence my suggestion: if you want to call someone out on a statement, in the form of a bet, make it in the range of a few k USD. 5 BTC. 10 maybe. It's enough to make your point, looks good, and most importantly: it's not so bloated an amount that it never will be taken up.
/rant
I always believed that anyone sitting constantly watching this thread and trying to predict movement was playing with a lot of coin. It hardly seems worth it to me if your not. I'm not watching this thread like you make it out to seem.. I came on here based on my analysis to provide what I thought was going to happen based on the charts I saw... which I check maybe once or twice a day. I genuinely am not trying to scare people off to sell or whatnot so I can buy cheaper I try to say what I think the truth is. I hold coins and never sold 1 although my average buy in price is much lower. That's exactly what I thought you were trying to do. Scare people off. I know you thought that based on your reply to me and that's why I'm telling you that. Anyways no point to call people out with something you can't back up either... contrary to what you may think the market is not totally random.. although mathematicians claimed to have proven it so, I've been around long enough to see that they aren't... money management is HARDER than trying to predict direction which you can train to determine with an edge... and an edge of 1% is sufficient to make any amount of money you like over time, but the balls to put money where you mouth is harder than anything else.. so essentially if I get odds based on what I believe is the direction then why wouldn't I be prepared to bet on it? We can do a smaller amount if you would like. I don't think it takes anything special to be a gambler. But all the negative - it's gonna drop really low is keeping it down. A lot of people read this silly thread and don't post and take the advice of people that really don't know what's going to happen. |
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Wait, now you're suggesting you really had no intention of betting? Even if he did take you up on the 500BTC bet? Lol...
Of course, I'm not fucking crazy. That's like a quarter of everything I've collected for years. I just thought he was trying to scare off buyers and he called my bluff. Bravo! lol |
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Those "1 QUADRILLION!!! btc" bets are so off-putting. Last one that I remember that completely failed was something between rpietila and windjc, iirc.
Point is, with a stake that high (even for the "big holders"), it never comes to fruition. Take a hint from the regular money rich dudes: when they make a public bet, it's in a reasonable range: cigars worth a few thousand dollars. 10k to a charity. Stuff like that. They don't always need to flash 25% of their net worth to make a bet.
Hence my suggestion: if you want to call someone out on a statement, in the form of a bet, make it in the range of a few k USD. 5 BTC. 10 maybe. It's enough to make your point, looks good, and most importantly: it's not so bloated an amount that it never will be taken up.
/rant
I always believed that anyone sitting constantly watching this thread and trying to predict movement was playing with a lot of coin. It hardly seems worth it to me if your not. I'm not watching this thread like you make it out to seem.. I came on here based on my analysis to provide what I thought was going to happen based on the charts I saw... which I check maybe once or twice a day. I genuinely am not trying to scare people off to sell or whatnot so I can buy cheaper I try to say what I think the truth is. I hold coins and never sold 1 although my average buy in price is much lower. That's exactly what I thought you were trying to do. Scare people off. |
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