I feel strongly that this may be the last time btc gets anywhere near sub-700 ever again.
Buy the dip. No, really.
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I feel strongly that this may be the last time btc gets anywhere near sub-700 ever again.
Buy the dip. No, really.
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Sometimes you post some insightful shit, but then other times you post pure shit.. It's like you could be kind of smart, but you are lacking some insight because you believe in astrology or something? Hm?
And I think others here would agree with me, that *everything* you post here is pure shit. You have not asserted one thing on this thread, not one, that has any real merit, with any facts or plausible arguments to back up anything that spews from your mouth. I would say that you could be kind of smart, but really sound more like a condescending narcissistic douchebag than smart, that thinks way more of himself, if you really reflect on it, and really just continues to speak in a circular, rambling fashion in order to try to sound smart, but really just, you know, comes off as sounding more and more like a complete jackass than really like a smart person, to any sort of degree of smartness rather than insightfulness. To the degree that one could be insightful instead of a jackass, you aren't. (gee, do I sound familiar to anyone?  ) You just come in here to either a) try to slam someone else for something they said, in a condescending high-and-mighty manner, or b) to ramble on and on about the merits of investing in bitcoin, which ANY sane person knows how to do, and ANY person here already has done, because they already think that bitcoin is a good, long term investment. So you're really not adding anything to that conversation at all, other than your constant preaching of your idiotic methodology of "buying on the way down, and selling on the way up" which really couldn't be more stupid. /r3kt |
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...but coincidentally getting stuck at various price points that seem to align with western numbers, rather than chinese numbers, is a kind of nonsense kind of pseudo-astrology.. that mean close to nothing. 1. Oh god, the master troll is back. I was hoping that you left for good. 2. Just saying this is not only non-sensical, but also just plain stupid. Also lack of smoking gun, hard evidence doesn't make what I'm saying false. Empirical evidence is plenty and aligns with common sense. 3. How about I tell you that all your silly, snide, circular ramblings amount to "close to nothing", hmmm? |
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Like it or not:
Chain is FIAT money for PnD BTC scam.
 coffee baseball sideways pot....kettle.... kthxbye LOL I guess I had that coming. Here, I'll let you post my morning greeting.  It seems there are lots of broken records around here... Donald and Hillary, Salma Hayek, $699.9999, big crash in January, etc., etc. I shouldn't have centered out the troll for constantly repeating the mantra of "Chain is FIAT money for PnD BTC scam". That said, you might want to get more up to date. I just had to check my recent posting history and it seems that in the past month I used the term "sideways" exactly twice, made only one baseball reference (the season's over for this year) and never once mentioned coffee. I suppose some people might find my morning greeting tedious but when the subject came up before, I was surprised how many people were supportive of it so I continued. I hope it doesn't bug you too much. To the rest of Bitcoinland, enjoy the day. Hey JT, don't worry about your morning greetings, I rather enjoy them for the positivity. (And for the record, I only bring up the $699.9999 thing to rub it in the noses of all those trolls constantly repeating the false mantra that China (specifically the Chinese citizens) drives all of Bitcoin, including actual volume interest and pricing. Clearly they don't.) |
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So... how's that Gold price been working out for ya lately, Mat?  The MatTheCatGartman reverse indicator even worked for the election: Hillary will get into power, the populace shall whine and bitch before eventually going back to sleep, and Hillary will start a war with Russia, which will cause strength in the dollar and weakness in other currencies, such as the Ruble, and the Renminbi.......
and r0ach direct indicator: When Trump wins
Although I didn't expect them to be able to manipulate metals down when they should be going up with helicopter money Trump. Look at the fucking absurd news titles they're running that make zero sense: "Gold Prices Plummet 6% as Trump Win Fuels Risk" Risk up and gold down? LOL. Well, that manipulation is all on purpose. You see, Wall Street controls the Gold derivatives market too, and can yank that lever up or down whenever they like. Before the impending stock market crash that IS coming #soon, they first need Average Joe to come in and buy their over-inflated shares that they have been levitating for 2 years now. Retail investors are ALWAYS the ones left holding the bag in a rally/crash, but currently Average Joe is sitting on the sidelines, and sitting on his money. Wall Street needs one last epic rally, needs the market to charge higher early next year, in order to give the "All Clear" signal to retail investors that everything is fine, that the world economy is finally turning around, and to finally jump in and take their expensive shares off their hands because everything is returning to normal. Then out of the blue, a stock crash will come, shocking everyone but the Wall Street insiders. My theory is that if the stock markets DO rally next year, a rally would have happened with EITHER candidate winning the presidency. It's entirely possible that Bitcoin will benefit from a stock market rally too, just like it did in 2013. |
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So get ready to settle in on $699.9999 for a long while, because that's where the FUDster whale(s) wanna take it to. So predictable I could set my watch to this crap.  Here we go again... |
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So... how's that Gold price been working out for ya lately, Mat?  |
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This is going to bounce for sure, if it even breaks below 700 my guess is near 690 or so.
Monero enthusiasts can't see the correlation that btc is being used to pump their coin atm. They probably think XMR has bottomed out or something. Nope, I predict it'll eventually go much lower.
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Dollar will probably be devalued to boost exports. The real question is if it's accompanied by some huge restructuring of the entire monetary system or getting rid of the Zionist shitbags at the fed and giving control of currency to treasury where it belongs. Also, fuck Mark Cuban. What a fucking scumbag. Zionist who changed his last name to hide in the US and tried to sabotage Trump and is already kissing his ass 3seconds after Trump wins.
Never forgive, never forget. No mercy.
Actually, if you pay close attention, all the wealthy power elites are now kissing each others' asses. Clinton congratulating Trump, telling her followers that "they need to get behind him and give him a chance." Obama congratulating Trump, saying the same thing, that "people need to give him a chance." Trump saying about Hillary that "We owe her a major debt of gratitude for her service to our country." The same woman he called a liar, a crook, a felon, a national security risk, and should be thrown in jail. Trump saying "It was a great honor to meet Obama" and calls him "a very good man." The same man he was claiming for years was a POS, a liar, a member of the Muslim Brotherhood, a terrorist backer (i.e., "the founder of ISIS"), and supposedly not even born in the U.S. When are American citizens going to wake up and realize that THESE WEALTHY ELITES ARE ALL IN BED WITH EACH OTHER  #libertarianismistheonlywayoutofthistwopartyclusterfuckbuybitcoin You do realize it is about the conditions of the world? It's not a game that they are just playing. You do realize that right? Denial much? Trump already going back on his word, filling his cabinet with known Washington insiders: http://www.cnn.com/2016/11/10/politics/donald-trump-transition-drain-the-swamp/index.htmlquote: "But he has so far fully embraced lobbyists within his transition, and all signs point to a heavy influence from longtime Washington Republican circles on his transition."New boss, same as old boss. |
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Dollar will probably be devalued to boost exports. The real question is if it's accompanied by some huge restructuring of the entire monetary system or getting rid of the Zionist shitbags at the fed and giving control of currency to treasury where it belongs. Also, fuck Mark Cuban. What a fucking scumbag. Zionist who changed his last name to hide in the US and tried to sabotage Trump and is already kissing his ass 3seconds after Trump wins.
Never forgive, never forget. No mercy.
Actually, if you pay close attention, all the wealthy power elites are now kissing each others' asses. Clinton congratulating Trump, telling her followers that "they need to get behind him and give him a chance." Obama congratulating Trump, saying the same thing, that "people need to give him a chance." Trump saying about Hillary that "We owe her a major debt of gratitude for her service to our country." The same woman he called a liar, a crook, a felon, a national security risk, and should be thrown in jail. Trump saying "It was a great honor to meet Obama" and calls him "a very good man." The same man he was claiming for years was a POS, a liar, a member of the Muslim Brotherhood, a terrorist backer (i.e., "the founder of ISIS"), and supposedly not even born in the U.S. When are American citizens going to wake up and realize that THESE WEALTHY ELITES ARE ALL IN BED WITH EACH OTHER #libertarianismistheonlywayoutofthistwopartyclusterfuckbuybitcoin |
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I predict that next year, the world and markets will breath a sigh of relief that the U.S. elections are over...
....the markets will start to stabilize, and even to the surprise of all, start to move up....a bull run begins...
....surprising and shocking everyone, elation and euphoria soon setting in...
....jobs reports start sounding better, people finally getting back to work, the stock market back to rallying....
....companies doing well, everyone making money again, buying stuff again, starting to feel happy again....
....birds will be chirping, children dancing and singing, happiness in the sweet sweet air, life will be good....
....Trump really did it, they will say, really turned things around....
AND THEN OUT OF NOWHERE THE WORLD MARKETS CRASH HARD LIKE NOBODY'S BUSINESS, LEAVING EVERYONE INCLUDING TRUMP IN TOTAL SHOCK AND HORROR
#beprepareditsallabigliecrashcomingsoonprotectyourselfbuybitcoin
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No need to panic...  It'll soon be like this:   |
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Big banks getting desperate to the keep the credit hampster wheel turning: http://us.finance.qa1p.global.media.yahoo.com/news/goldman-sachs-launches-marcus-for-consumers-130047624.htmlBeware, they don't want you to pay down/off your personal debt. That would absolutely crush the banking industry. Their goal is to keep you in personal debt the rest of your life, so that you'll continuously need to make more and more money to pay your debts, instead of using that money to invest long term (make money with your money) and enjoying the fruits of your labor. |
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I would never underestimate the will of the authorities to prolong that Wile-E-Coyote moment for as long as possible. However it does appear that monetary policy is reaching its limits, finally. Which means you either have to pull something really big/unexpected out of the bag (hear the distant sounds of helicopter rotors turning) or bite the bullet. As you say, markets don't do what you expect them to and I can't see how this will finish. My guess is it will be something almost no one saw coming, probably a complication caused by the desperate attempts to keep things going a while longer but one that remains very much in the background until it's too late.
I would want a few BTC hidden away for that day, though, and ideally very little debt.
If we assume that on a Clinton win that markets would rally, stabilize, and even possibly bull run early next year, then I can interpret that as only one thing: That Wall Street believes that she is more sympathetic to Wall Street, Banks, and the Fed, and what she would likely support when the equities/commodities market crash actually happens: MORE stimulus, MORE socialized losses, MORE interest rate suppression.... and MORE GOVT and CORP DEBT. Which is exactly what we DON'T need more of. If interest rates are suppressed, isn't that good for Bitcoin? I seem to remember a Bitcoin crash whenever interest rates were raised or spoken of being raised. Sure, low interest rates are great for traders in any market, allowing cheap hot money (zero interest credit) to flow in and leverage up. But this gives a very distorted reflection of true value interest in said markets (eg. sound long term investment vs. quick return), leading to overbought activity (bubble) in just about every market where cheap money flows. Specifically in terms of bitcoin I don't know what to expect. Conventional wisdom suggests that if interest rates are higher then money will flow there from elsewhere, including bitcoin, though I find it hard to believe the impact will be that significant. Of more relevance might be the relatively weaker Yuan. The good news right now for us bitcoiners: I believe that since Bitcoin bottomed from the last rally, that worldwide market-maker trader interest in the Bitcoin market is still relatively low, if not negligible right now. Most of the price rise over the last year can be attributed to the halving, and I don't believe that the current price is hovering that much higher over the cost of mining. The market is still too small compared to other markets, and being so thinly traded, major equities traders wouldn't be able to take a large position without making a major splash. Maybe all the major traders are all secretly placing huge market buys OTC directly from miners, that we don't get to see. Or maybe miners are just stacking coins for a rainy day. Who knows. What I do feel though, is that I'd rather have a long position in bitcoin right now than just about any other investment I can think of, because I think it's a safer bet overall. I think even as a long term store of value, bitcoin will spank things like savings accounts, etc., especially as fiat purchasing value continues to erode over time. |
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I would never underestimate the will of the authorities to prolong that Wile-E-Coyote moment for as long as possible. However it does appear that monetary policy is reaching its limits, finally. Which means you either have to pull something really big/unexpected out of the bag (hear the distant sounds of helicopter rotors turning) or bite the bullet. As you say, markets don't do what you expect them to and I can't see how this will finish. My guess is it will be something almost no one saw coming, probably a complication caused by the desperate attempts to keep things going a while longer but one that remains very much in the background until it's too late.
I would want a few BTC hidden away for that day, though, and ideally very little debt.
If we assume that on a Clinton win that markets would rally, stabilize, and even possibly bull run early next year, then I can interpret that as only one thing: That Wall Street believes that she is more sympathetic to Wall Street, Banks, and the Fed, and what she would likely support when the equities/commodities market crash actually happens: MORE stimulus, MORE socialized losses, MORE interest rate suppression.... and MORE GOVT and CORP DEBT. Which is exactly what we DON'T need more of. If interest rates are suppressed, isn't that good for Bitcoin? I seem to remember a Bitcoin crash whenever interest rates were raised or spoken of being raised. Sure, low interest rates are great for traders in any market, allowing cheap hot money (zero interest credit) to flow in and leverage up. But this gives a very distorted reflection of true value interest/capital preservation in said markets (eg. sound long term investment vs. quick return), leading to overbought activity (bubble) in just about every market where cheap money flows. |
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