Ah yes, the ol' familiar fake price pegging of $249.999999999999999

Seems legit  

_{(And they say the American whales aren't in control of the price, yeah right)}

Mt Gox Bitstamp NYSE China, is that you?

Yep I have.  Hashrate continuing to climb steadily as well.

Double bullish.

Every global stock and commodity is gapping down, bitcoin slightly rising.

Bullish.

So are you guys saying that Bitfinex is the exchange where all the dumpers hang out? 

If so, I hope stays shut down.... forever.

As I predicted, now the U.S. media is trying to "sell" the stock market to the younger gen as a fantastic buying op.

http://money.cnn.com/2015/08/24/investing/stock-market-selloff-i-made-money/

http://money.cnn.com/2015/03/04/investing/how-to-invest-millennial-justin-brosseau/?iid=EL

Translation:  Look out below!!  Here comes the great mind-fuck bail-in attempt of the U.S. stock market, same thing that China did to their Average Joes a few months back.   It's fucking criminal.

You're joking right? That joke was so big I shot coffee right out of my nose.  North Korea, Greece, (the list goes on) anyone?

Next your going to say that Finance would impossible without truth, I suppose.

And yet new threads that may be both NARROW in scope and ON topic, but completely REDUNDANT, INNANE, and ZERO LASTING DISCUSSION VALUE because they essentially ask the SAME QUESTION OVER AND OVER AND OVER AGAIN, are allowed be created daily over and over and over again for YEARS, and live on forever with no removal, culling or censorship whatsover.

Such threads have titles like :

Why the drop in price?

Why is the price rising?

Why the rebound?

New low?

New high?

New bubble!!

New crash!!

New dump!!

Where you you think the price will be in <2 minutes/1 hours/5 days/2 weeks/4 months/next year/in 5 years/ in 10 years/etc, etc.>?

And almost ever single one of these new threads is created by a throwaway troll account with 0 activity.  EVERY. SINGLE. TIME.

The irony on this sub forum is sickening...

Dude, can you just STFU for once?  You don't own this forum, so stop acting like you do.

Well that's just the crux of it, isn't it?  

When the rules get changed and made up by the Mods at their whim, while the existing forum guidelines are never even enforced and throwaway Troll accounts with zero activity get to be made and post inane off-topic crap daily, no one knows what the "new" rules are supposed to be.  

This gif made me lol so hard.  Bitcoin market in 2014, and the Oil market and Chinese stock market now.

Of course I'm now more bullish on the Bitcoin market for 2 reasons, and the second one is a pretty sad but true reason:  

1. We've bottomed out.

2. Hi net worth traders absolutely LOVE volatility, and they've basically exhausted all other markets for now (U.S. stock market, European market, Chinese market, commodities market, gold market, etc.).  

There's really no where else for them to run to get that fix, and the Bitcoin market hasn't seen a real rally in a long time.  And they know that public sentiment is down for all those other markets right now.

So IMO, it's just a matter of time before they come back to the Bitcoin market again.

Yeah, these last few weeks if I heard one more hipster trader wannabe claiming that "we're in the handle of the cup-and-handle pattern! To da moonz!!!" I thought I was going to barf.  The Average Joe couldn't long or short trade their way out of a paper bag.  And whales can paint the tape to appear however they want.

The market seldom does what you think it will, and quite often does the opposite.  In fact, the whales know this and prey on it, by constantly leveraging fake news, emotional sentiment, and the greatest levels of confirmation bias.  They'll also attack HUGE leveraged long or short positions whenever they see them build up, just for the lulz and to make money.

Is this the fabled cup-and-handle execution everyone was droning on about the last few weeks and swore would happen?  Lol

If a deep pocket whale (or a few colluders) were the one ones in this market since June, they could have merely dumped back to themselves... no?

If you think this crash was fun, wait 'til you see what's gonna happen in the Litecoin market in about 7-10 days.  

Pretty easy actually: bots programmed to sell if 3D crosses to the downside.  Whales took advantage.

Well played.

Troll short #1: Hey, should we pull old articles out of our ass and any other FUD possible to capitalize on the negative sentiment shitstorm?

Troll short #2: Pure genius.   

Gold collapsing.  Censoring free speech and open debate UP.

If Bitcoin fails one day, this will be the reason why.

The 21M cap is one of the core features.  If the 21M cap ever changes, I will sell all my bitcoin and never look back at cryptocurrency ever again.  I'm willing to bet that > 90% of holders/users would do the same. 

With no net revenue and no ability to monetize, they're not worth it and never will be.  Just a matter of time before investors and traders get it, they're a little slow with all this 'techie' stuff.