... I said I'm leaning towards it being sincere manic ramblings.
... I'm saying just that. More likely than not he's sincere. Not sure why we're stuck on this. |
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To give you the benefit of the doubt in this regard, NotLambChops, this could be a matter of degree regarding how much purposeful deception is going on versus just irrational exuberance.
... Not sure what you mean--I said I'm leaning towards it being sincere manic ramblings. As far as me thinking him manic? That whole Magalonode Summit incident (after which he checked into a sanatorium), reads like a textbook example.  |
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...Even though he may be wrong from time to time, and even seems to be exaggerating from time to time, he does tend to provide a considerable amount of reasoning to back up his points that should help readers to arrive at their own conclusions rather than just accepting what he says lock, stock and barrel...
... He's an intelligent guy. That makes his reasoning seem solid to less intelligent guys. Not sure if intentional sophistry, but more likely just manic ramblings. Manics are fun, fascinating, often contagiously optimistic, and often successful folks. They make awesome salesmen  |
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He didn't change the content. The original could be seen HERE. If a post is edited, the date gets underlined (see pic):  If you hover the mouse pointer over the date, you will see the date of the last edit. Handy. |
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I feel dumpers running out of ammo, and shorts will have to cover soon.
This thing could bounce like a Mofo.
Before the fiddlers have fled
Before they ask us to pay the bill and end this perfect romance
Let's face the music and dance, dance
Let's face the music and dance!
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Ask yourself one question: Do you belief Bitcoin will reach 1000 USD again?
If the answer is yes, hold or buy. Simple as that.
Ask yourself a better question: Will Bitcoin price go lower, regardless of whether it eventually hits 1k? If the answer is yes, sell. No there are a range of strategies: Buy and hold Hold Sell and then buy  Sure there are many strategies, but if you're sure that the price will drop, and you want to make money instead of losing it, the only correct one is sell. |
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Ask yourself one question: Do you belief Bitcoin will reach 1000 USD again?
If the answer is yes, hold or buy. Simple as that.
Ask yourself a better question: Will Bitcoin price go lower, regardless of whether it eventually hits 1k? If the answer is yes, sell. |
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If we go sub 340, I have to make THE hardest decision of my life
... empowering is right. Decide now, pull the trigger (speaking figuratively here) when the 430 wall-let gets eaten. |
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ITT: OP brags about his ruinous financial decisions. Others point fingers and laugh.
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^Don't sell yourself short, boldar. You (and this thread) are always good for a laugh. I mean, every time I think this failscam can't fail any harder ... IT DOES!   ... srs volume  |
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Wait, you actually take him seriously? Reality check: How much was BTC going for on Aug. 15th?  |
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Is there invisible wall in Bitstamp at 440?
No. They keep selling and selling, but it doesn't go lower, and there is no wall? People just like round numbers. Like 440 is the best cheap big block evah. Besides, we're below 440 now. Heading to 383... Edit: See?  |
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Is there invisible wall in Bitstamp at 440?
No. |
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440
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Sure. Bitcoin community is slowly reinventing the wheel. Unregulated markets caused problems, that's why people invented regulations and regulated them.
Maybe we are saying, more or less, the same thing but using slightly different wording and emphasis? Regulation is NOT some foreign outside force that comes in and ruins the party... I agree, unless by "outside force" you mean our beloved and all-powerful Lizard Overlords (may They reign forever!). In a broader sense, too. All the "statist" stuff--governments, laws, police and the military to enforce those laws--it's all just humanity trying to solve its problems. No one in his right mind likes these things (excepting, of course, our Merciful Lizard Overlords, who ARE love). There are shitty laws to be changed and governments to be overthrown, but "therefore we don't need them" just doesn't follow. |
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I maintain my earlier point, however, if there are means to identify problems (such as manipulation, if it is taking place in ways that are outside of "acceptable" limits) and then to figure out the least intrusive ways to resolve such problems - sometimes that may mean that the best way is to establish some kind of an oversight body... that has teeth that will minimize and/or prevent the problems (if manipulation rises to such level to be deemed a problem).
Sure. Bitcoin community is slowly reinventing the wheel. Unregulated markets caused problems, that's why people invented regulations and regulated them. |
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 Better than a digital clock showing 11:11. |
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He's trolling. Riiiising is fallling's mirror image.
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At times like these, faith could be such a comfort...  |
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Err... Exchange price reflects ...BTC price on that particular exchange. It is not meant to be a general indicator of Bitcoin's welfare. It tells you how much you would have to pay for coin there.
Just like the prices on the side of an ice cream truck tell you how much you 'd have to pay for an ice cream cone from that truck.
Not how good ice cream is.
Not what a fair price for ice cream is.
Not how much you should expect to pay tomorrow.
Just what you have to pay there, now.
The exchanges are for-profit companies. They exist to make money. They don't have to be your teachers or even your friends. The only recourse you have, if you think an exchange is not doing what it should, is not use the exchange.
NotLambChops: From time to time, your writing has indicated that you have the potential to be a fairly smart person (or bot); however, your above comment seems to attempt to purposefully minimize the role of the exchanges... maybe in an attempt to suggest that manipulation is NOT a problem and/or that all is well in the bitcoin space b/c it is following the "free market." There are a lot of ways that people and/or bots (through people) can participate in the BTC market - and the activity and/or manipulations of exchanges can affect you, whether or NOT you directly participate on that exchange. Would anyone deny that GOX had an impact on BTC prices and/or reputation? Would anyone deny that the chinese exchanges influenced BTC prices and reputation in various ways? Maybe in the long run it all evens out, yet I get the sense that trajectories are established that change the course of history, and sometimes those trajectories go beyond some concept of an innocent "free market." For example, Exchanges set the price for BTC overall because over the counter trades will use exchange prices, and also as we know there is arbitrage taking place between exchanges... and if some exchanges do NOT have trading fees, that affects volume... and if some exchanges are trading BTC that they do NOT actually have in their possession ( a form of fractional reserve), then that also could have considerable affects on BTC prices and/or the utility and/or reputation of BTC. Lol, I'm not saying what an exchange should be, or denying that exchanges' behavior affects Bitcoin. I'm just explaining what an unregulated exchange IS--a for-profit operation that owes you nothing above what you can take from it. Which, without regulations, government intervention on your behalf, or a standing army of your own, is NOTHING. |
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