If your going to quote me please do in full. You should be able to see Im bullish, I just wouldn't advise going all in at $245, YET |
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i'm convinced.
going all in.
I wouldn't go all in, its going to retrace but shorters gotta start questioning the trend. |
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70 dollar profit lol @ YourMother.
I wouldn't get out of bed for 70 USD.
LOL, I have him/her on ignore but 70usd haha |
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RIP 4k shorter. He must be crying at his PC right now.
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Then you might as well axe a bunch of Litecoin's volume as well and even some BTC volume on exchanges with no fee.
You can sit and watch the Chinese exchanges wash trade all day. BTC is the worst for volume wash trading I am not even sure if Chinese exchanges' volume is real. It is important to understand that the numbers we see in the exchnage accounts are not the indication of the possession of the real coins. For example, An exchnage owner can create an account for himself and add some fake balance and start trading with it. Since they are not paying any fees, it is very easy for the exchnage operators to manipulate the price and make huge profits out of it. Hope my point is understood. There was a well written article about it but unfortunately could not find it. If anyone knows what I am talking about and read that article, please share it here. Thanks. Wash volume = fake volume. In terms of China I'm fairly sure they're all running fractional reserve. We could still be in the high three figures if China didn't keep creating coins out of thin air. |
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Then you might as well axe a bunch of Litecoin's volume as well and even some BTC volume on exchanges with no fee.
You can sit and watch the Chinese exchanges wash trade all day. BTC is the worst for volume wash trading |
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I think we tend to see less completely blind bitcoiners "bitcoin is completely fungible and anonymous" as before. But more and more "if you take sufficient precautions, you can hide your traces". Basically they're saying "if *I* can't trace something, therefore *nobody else* can, now and forever". Which is surprisingly naive.
Btw, we must be careful, I fear soon enough we'll see some "if you don't do evil, bitcoin is sufficiently private", which is a dangerous line of thoughts.
Just want re-iterate the bold part. The "if your doing nothing wrong, you have nothing to hide" is the tosh that the governments have been feeding the masses for years in their bid for mass surveillance, a global government and police states. |
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still not convinced..this smells too much like incoming dump...bidwalls on finex got pulled..only 8k down to 200
Indeed. Also: why haven't we seen a run upwards yet? That's right, because the vast part of the bidwalls is fake. The dumpers are simply waiting for the same fools to fall in the same trap again, so they can dump at a premium. If there would be real demand, the price would've recovered to 250/260 ish by now. But there isn't any real demand at all. IF the trend is turning this is exactly what you would expect, people to be cautious. Everyone is used to the constant downtrend for 12 months+ so are used to not needing to FOMO buy like during a bubble. But as I said its an IF. |
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Well, convincing people to sell in order to fill you own buy orders is not cool imo.
I don't think by making a comment here would make people sell their stash  Noobs might panic when trolls & their various sock puppets are spreading FUD. Noobs don't have that many coins. |
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20k worth of shorts gonna get squeezed real good.
Those finex walls are the guy who shorted 4k at 220 yesterday getting rekt.
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Lol@thinking that anything below the previous $150 bottom is illogical.
There is no 'law' stating what btc's market should be. It's simply supply vs demand + investor sentiment. Hitting single digits isn't any more out of the question than being at double or triple digits....and at this point all 3 are equally possible. It's anybody's guess.
You think the likelihood of hitting single digits is the same as being at triple digits  Chances of being at triple digits is 100% (we're there) so your basically stating that with 100% certainty we will hit single digits. I'm speaking in terms of the future, Einstein. The chances of being at single or double digits is just about as probable as it is being in the triple digits a year from now. It really isn't but your free to think what you like. Oh, I get it. Your crystal ball is cooler than all others. Now tell me what next Sunday's winning Powerbucks lotto numbers are. You're free to think what you like. |
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Lol@thinking that anything below the previous $150 bottom is illogical.
There is no 'law' stating what btc's market should be. It's simply supply vs demand + investor sentiment. Hitting single digits isn't any more out of the question than being at double or triple digits....and at this point all 3 are equally possible. It's anybody's guess.
You think the likelihood of hitting single digits is the same as being at triple digits Chances of being at triple digits is 100% (we're there) so your basically stating that with 100% certainty we will hit single digits. I'm speaking in terms of the future, Einstein. The chances of being at single or double digits is just about as probable as it is being in the triple digits a year from now. It really isn't but your free to think what you like. |
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Lol@thinking that anything below the previous $150 bottom is illogical.
There is no 'law' stating what btc's market should be. It's simply supply vs demand + investor sentiment. Hitting single digits isn't any more out of the question than being at double or triple digits....and at this point all 3 are equally possible. It's anybody's guess.
You think the likelihood of hitting single digits is the same as being at triple digits Chances of being at triple digits is 100% (we're there) so your basically stating that with 100% certainty we will hit single digits. |
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Someone borrowed 4k to dump into that wall on Finex.
Gotta buy em back at some point.
hmm was going to ask for a source but 602.22 Flash Return Rate (current: 0.0176%) was at 4900 coins last i seen so someone(s) sure did borrow a ton of coins recently |
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Someone borrowed 4k to dump into that wall on Finex.
Gotta buy em back at some point.
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Look at the bears go 1-2% decline in price and they start gigglin like a schoolgirl It's cute  True. Haha. -28.78% in last 30 days , still funny? +10000% in 4 years. Yep, hilarious |
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Bulls!
Yep, another high volume dump absorbed. The next bit of data on how many shorts there are should be interesting. |
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I have a question for you guys:
You own 5k bit-coins. What do you do? Serious question.
Sell all of it immediatly, and maybe buy back lower. I definately wouldn't keep them at that phase. Then again, I would've exited a long time ago already, around the 500 dollar mark. All good answers, I hope the community can take a hint from these replies. Other acceptable answers include: 1) Start a incubator and offer to exchange golden tokens for real human capital or 2) Leverage 200X and splash in the kiddy pool to your hearts content If your the sort of person who would sell all of it immediately you wouldnt have 5k coins in the first place. Lots of people sold their thousands of coins in the single and double digits. Whos the fool now? |
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