how many excuses do you need to make up for the simple fact that bitcoin is going to nowhere but down?
game over guys, bitcoin is going to the final capitulation, sell now to cut loose or lose everything
Final capitulations are the sweetest buying opportunities. You would probably never have heard of me, unless I happened to analyze the fundamentals and charts for month, before buying in at the final capitulation of 2011. The more ppl speak like you (and the less they speak like me  ) the better, because that much closer to the bottom we are. But real tough guys can make the decision without sentiment analysis as well as with it. I hardly knew about the forums back then, even my account is from 2012. It is the new money that will raise the price to new levels. They are still waiting. What can you do but wait? Next room to me now, there is a guy who takes jacuzzi every day and smokes cigars. He held through the bubble, and the fall, and the capitulation (of 2011) and ever since. His friends sold out in the downtrend and said they will come back if/when the tide turns. They never did. They are probably working now. Bitcoin does not care if you make money or not. Also I don't care. I know there are enough people in the world who understand reasonable speech, and gravitate into Bitcoin in waves. And if bitcoin is foiled, now we have Monero, so there is a real backup, vainly sought after for 2-3 years. The waiters came to ask what I want for breakfast, and roasted liver with red wine sounded like nice. Thank you for listening. No fava beans? That ain't chopped liver, ya know. His breakfast was made from gese force-fed on the hopes and dreams of the hoi polloi.  ~NotLambchop, Bitcoin MegeloNode |
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Looks like we're about to break sub-500
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History, Gentlemen, History. |
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I'll give you one guess as to why someone would create an account called "falling" and constantly predict horrible price drops...
You've seen right through his fiendish ploy! |
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... It's China that leads other exchanges mostly.
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^  The father of another revolutionary technology. |
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@michaelGedi: You have sperged when I pointed out that Danny was lying to you, just like you are sperging now, trying to convince users to invest in ABitInterested's secret pr0nz site: there was a porn guy starting up a business, he looked quite good...
It's safe to conclude you have learned NOTHING. ~Happy investing! |
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^LTC/USD price chart for the year 2014.  |
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AsicMiner, have had no experience with them. Is there anyone here who can share experience about AsicMiner?
Sure.  Ha Awesome. Yeah, that really does sum up the performance and thus experience a lot of people had with that stock over the last year. But everyone keep in mind, that it may go up again, since friedcat (the boss) is going to announce news in 2 days. He will also start the self-mining again and intends to shake the mining world. lambchops also forgets (remembers to forget) to post that the asset started it's wavey line 3 times lower than where it is now. So, we would have a big bulge, like a mountai. A mountain of profit that was made by some lucky ones while others just enjoyed part of the ride up the mountain. They are set to start mining again soon(ish), and may be in a position to claim upto 15-20% of the network. NotLambchop forgets nothing. The chart ("wavey [sic] line," to use your term) is the entire history of AsicMiner on Havelock. AsicMiner differs from the rest of Havelock offerings only in the extent of the losses to the "investors." To this day, each and every "security" currently offered by Havelock has lost money to its "investors." For a detailed breakdown of failure, see Havelock Securities At A Glance: The SRS BZNZ Edition. ~Happy Investing! |
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It's amazing how delusional they are. They talk about the next bubble as if it's guaranteed to come. It simply isn't. We've been going down for 9 months. Now we're simply at the point the smart people understand there simplu won't be another bubble anymore. They're pulling out. We will go down very fast coming few weeks.
Sometimes you feel good, sometimes you feel bad. But your sentiment does not change the revolution in technology. It is steaming on relentlessly regardless of your feeling. Let's say that flying has just been invented. The first aeroplanes are taking passengers. Then routes are established. 1920s, 1930s see a great growth. Would you say after a regulatory setback or something that, "this flying is overrated and will become a dwindling niche". Then - I know this is not the case with flight, but it is with Bitcoin - you would decide to sell your 1/21,000,000 share(s) of everything related to aviation at a pittance. If only 100 planes existed in the world, and they are small, 210k bitcoins would buy you one plane. Sell and be happy. Meanwhile the ones who realize what is at stake, a revolution in tech, either happening or not, would buy your shares, and wait until the real value of one share is much higher. Because you cannot uninvent it, it is actually an easy bet for a patient and shrewd investor. This is an absurd analogy. If cryptocurrency is manned flight, Bitcoin is the Wright Brothers Flyer--revolutionary, great proof-of-concept, but not something Granny and Uncle Walt will ever think of as transportation. The Wright Brothers were a failure as businessmen (ignoring the bicycle trade), and after some bitter patent disputes and lawsuits, the Wright Brothers Aeroplane Company was sold. No fortunes were made--Howard Hughes came later. P.S: Aren't we supposed to be around $10k/BTC according to your "research"?  Edit: JorgeStolfi beats me to it  ~NotLambchop, Bitcoin MegaloNode |
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Well, depending on whether the feds need to release this info at some point (he should know for sure) it can be a very easy lie opportunity if what you say is correct. I'm not so sure price would have gone up if he announced overbidding. The market seems very disconnected from fundamentals or any sort of related news.
I think the original point was that since there is a possible boon in admitting to paying over market (i think we agree on that), and no possible downside, a rational player would disclose paying above market. The winning bidder made no such disclosure, so it's reasonable to assume that the price paid was below market. |
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... but mostly because if he had paid at or above market he would probably have said so, to support the price. Said another way, one possible explanation for why he and Siebert refused to reveal their bids is that the price they offered would have been "bad news" for the market.
... Do you understand the concept of lying? Not sure how lying factors into this. Explain? You say he didn't pay above market because if he did he would say so to push up the price. And I'm saying even if he paid less he could just claim he overpaid to achieve the same thing. Most people prefer not to lie unless they have to. The downside of being caught in a lie simply outweigh the potential gains. And, of course, there are a few creeps who don't lie because they feel it's immoral. |
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... but mostly because if he had paid at or above market he would probably have said so, to support the price. Said another way, one possible explanation for why he and Siebert refused to reveal their bids is that the price they offered would have been "bad news" for the market.
... Do you understand the concept of lying? Not sure how lying factors into this. Explain? |
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Emotions being the basis of trading habits? That sounds elementary and comparable to woman pmsing, I try to stick to the books and base my reasoning off of something more tangible. Inept trading habits are NOT habitually executed in my trade history fortunately but I always keep an ear to the pavement lest my perspective become concave or contrived for that matter
You shouldn't use big words unless they're a natural part of your vocabulary. Lil' words can b just as bad... |
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I remain cautiously optimistic.  |
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... Perhaps the best way to add clarity in ordinary language is with modifiers, as e.g. "exchange value", "relative value", "functional value", and "monetary value".
..."sentimental value." This is a speculation forum, used by traders. From a trader's perspective, Bitcoin's value approximates its exchange value/price. No need for qualifiers because context. |
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Breaking news: After merely two weeks of brisk sales, Big Trends Capital Investment, a Hong Kong financial concern, has sold over 500 shares of its spectacular Havelock offering to eager Bitcoin finance enthusiasts. This marks the 1% point of the firm's total projected sales. On the other side of the globe, somewhere in rural Ohio, visionary financiers Benny and Branny jubilantly commemorated the momentous milestone.  |
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Round 3 price will be 0.0040 BTC per share and it will last until all shares are sold.
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Pwnt! *time passes* Lol, "Round 3 price is lowered to 0.0025 BTC." Just stop. My cat scams better than U.
*time passes* Relax. It won't hurt as much.
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**You also might wish to stop begging for surprise buttsecs, or "investing," as Bitcoiners so whimsically call it.
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