Ivanhoe, are u implying it's impossible for a youngster(15-20) to realize the value in bitcoin?
Or just that it is more unlikely then a 35 year old?
Not impossible, but just more unlikely  I think youngsters probably are less likely to want bitcoin for "store of value" or "safe from confiscation" etc. , but are more likely to start using it as a currency once there are enough places to use it (for example poker sites etc.). Possibly a good point that Bitcoin needs to jack into the youth crowd. That's more likely to be about ringtones and backgrounds than poker though. Give 'em some credit. First you get the smart ones who recognize the utility, then the ringtone crowd will eventually follow . |
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Short-term looks bullish to me.
bid It's not bullish or bearish. It's consolidation. You're seeing the oscillations get smaller and smaller as the amplitude of the swings decrease as the bots skim the market maker spread. It's gonna flatline before or unless some new development upsets the equilibrium. I am just expressing my opinion. I am interest in the opinion of others too, but please do not put on a lecturing tone. Nobody has a crystal ball. My fucking tone? Are you serious? I wasn't being disrespectful, but now I am. Kiss my ass. I am serious. I will not kiss your ass though  . I know you weren't being disrespectful. I just don't appreciate people telling me "what I am seeing" or how it is, I can make conclusions for myself. I might be a bit oversensitive that way, though. |
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Ivanhoe, are u implying it's impossible for a youngster(15-20) to realize the value in bitcoin?
Or just that it is more unlikely then a 35 year old?
Not impossible, but just more unlikely I think youngsters probably are less likely to want bitcoin for "store of value" or "safe from confiscation" etc. , but are more likely to start using it as a currency once there are enough places to use it (for example poker sites etc.). |
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Short-term looks bullish to me.
bid It's not bullish or bearish. It's consolidation. You're seeing the oscillations get smaller and smaller as the amplitude of the swings decrease as the bots skim the market maker spread. It's gonna flatline before or unless some new development upsets the equilibrium. I am just expressing my opinion. I am interested in the opinion of others too, but please do not put on a lecturing tone. Nobody has a crystal ball. |
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Short-term looks bullish to me.
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Anyone else getting bored of $430 ?
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Can you guys stop feeling entitled to a rally every 9 months and accept for once that bitcoin is in a downtrend and stop calling everything FUD? It's getting old and doesn't help anything.
9 months ?? Blasphemy !! Any prediction over 3 months is for the weak, over 6 months is just plain old FUD. Don't pretend otherwise, you shill.  |
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And these solid lows won't exist short-term, but these lows will last weeks or months, like they always do. It seems like you guys don't even understand the basic knowledge on trend reversals, or you are playing dumb and manipulating others to buy.
Please check the chart of the last bubble before you call others "dumb". I might have to retract my previous post already ....  What gives you the idea, that something this dynamic like the crypto market, will continue the same simple pattern of expansion year after year? Do you really think think that the pattern of previous years is all that we need, and we shouldn't concentrate on issues like BTC loosing the trust of general public, or losing any of the business that is left in China? Really? What gives you the idea that you can call people dumb and manipulators, when the counter-example of your "basic knowledge" is staring you right in the face with the previous fricking bubble. Really? The start of the previous bubble was different, and the end of the previous bubble was different. Only thing that they had similar, was that they were both bitcoin bubbles. To overly simplifying things and saying that the trend will be the same as the previous trend, is dumb in my book. I think that you guys should read up on finance, economy, entrepreneurship and the general idea trading stocks. Ignorance causes lot's of conflict here. I'm getting a little tired of it, because at first I will be called names and ridiculed, but when I in turn start to call the same people names and ridicule them, then they will start to cry that I'm cruel towards them. You are putting words in my mouth and then arguing them. Maybe you should get your head out of your ass and look at what people are actually saying instead of building your own fantasy world. Either way, I am done with you. |
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And these solid lows won't exist short-term, but these lows will last weeks or months, like they always do. It seems like you guys don't even understand the basic knowledge on trend reversals, or you are playing dumb and manipulating others to buy.
Please check the chart of the last bubble before you call others "dumb". I might have to retract my previous post already .... What gives you the idea, that something this dynamic like the crypto market, will continue the same simple pattern of expansion year after year? Do you really think think that the pattern of previous years is all that we need, and we shouldn't concentrate on issues like BTC loosing the trust of general public, or losing any of the business that is left in China? Really? What gives you the idea that you can call people dumb and manipulators, when the counter-example of your "basic knowledge" is staring you right in the face with the previous fricking bubble. Really? |
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He says some pretty stupid shit, too.... like to say that the bulls gotta be fighting and irritated before the market is gonna go up... And, there were some other dumb things too, like he admires trolls and I am sure there is more, but there is NOT enough time in a day or life to be wasting in looking back for some more examples... ...
Surely, everyone says dumb things once in a while, but somethings cross lines... ... and maybe newer posters should be more careful to attempt to build some credibility before the get too far into the crap content posts... no? I am just one opinion.. so really does NOT matter too much what I think.
Yes, I just became aware of that. I haven't been lurking these forums as frequently as I used to, so I might be out of touch a bit . |
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And these solid lows won't exist short-term, but these lows will last weeks or months, like they always do. It seems like you guys don't even understand the basic knowledge on trend reversals, or you are playing dumb and manipulating others to buy.
Please check the chart of the last bubble before you call others "dumb". I might have to retract my previous post already .... |
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Always exit an market when fools enter, and always enter the market when fools exit. And don't ever enter the market, that everyone is talking about, or else you will be the fool. Right now there is a lot of agony from those who bought at the top of the last bubble, but there has to be total desperation with dramatic finishing speeches etc. Then you know that the market is set to buy in.
The more you attempt to explain, the less sense that you make.+1  The market is awash with people who definitely have no coin but apparently are very interested in it, otherwise they would not spend their time talking about it. Hence, - They want to buy bitcoins => Bitcoin price goes up - They are paid trolls by some who want to disturb the scene => The puppetmasters want to buy => Bitcoin price goes up. Never does a bear have any teeth to force the price down. The bear can only buy, which makes the price go up. (the converse for bulls ofc) It is quite simple to invest when you know the rule that it is the least risky to enter when there is most bearishness around. Almost nobody has any coins to sell, and every bearish post is a proof of craving to buy lower, and if this is not granted, panic buy higher. I think this dude is getting too much shit here for making bearish posts. Sure he is a FUDster, and he might be wrong in his predictions (I have no idea really), but what he says here isn't that crazy to justify the amount of flack, is it? To me, that might signal that some bulls are starting to feel uneasy. Or I might just be looking for sentiment indicators too much, and am starting to see things |
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I don't think permabulls are rare here. Just not a lot for us to say during Panic/Capitulation/Despondancy trade cycles. I could post reassuring messages and long term outlooks here all day, that might persuade some people to hold, but really, I'd rather get to the bottom as quick as possible. It's going to happen either way. I expect maximum pain to come before market turns around, and I really haven't felt that yet. I can't really put a $ price on what that would be, but there's no shortage of effort being applied to find out. Perhaps busting below that 400 wall on stamp would do it.
I suspect that moment is approaching, as the "news" is being recycled constantly, and FUDsters are preying on these fears, in tandem with large market dumps that no longer make sense. If you held until now, there's probably more risk in dumping than holding unless dumping for market manipulation purposes. Let the dumps commence, and let the panic spread. It's the best cure for a BTC hangover.
Hear hear Of course we don't have the FED pumping up the BTC market with quantitative easing etc.
Current central bank actions are one of the reasons why bitcoin exists and generates such an interest in the first place. The effect of quantitative easing on bitcoin prices should not be ignored. |
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Is that it? $5.49 below the last low?? Idk, second class trolls, second class FUD and second class manipulation, good thing Bitcoin isn't judged only by its opponents :/
you are one of the rare permabull existing here, even adam came to see the reality eventually... Do pray tell, what is the reality? Bitcoin going to zero? |
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Who knows what the price was before China's involvement? If you do then you know the low for now.
That makes no sense. Why? It seems to suggest that bitcoin is/was stable prior to China getting involved. Also, if Chinese people are allowed to hold bitcoins, they have taken a chunk of the supply away. In contrast, if the Chinese now all want to get rid of bitcoin, selling a large amount of bitcoins in a short timeframe would send the price below "fair price without chinese" for now. |
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Who knows what the price was before China's involvement? If you do then you know the low for now.
That makes no sense. |
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Finally CSV data exports are available for the historic data!  Thanks a lot to whoever implemented it! +1, really handy. P.S. I wonder how many more people are annoyed by this CambioBTC character?
Most people here I would guess, but I fear mentioning it only feeds the troll.... |
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TERA has been suspiciously quiet.
Suspiciously? You mean he's something to do with all this? She said she wanted to take the weekend off. I suspect those two explosions at $465 and $467 was her covering her short positions. TERA is a woman? Pretty big balls for an individual who isn't supposed to have any . |
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Regarding, Jorge, the level of paranoia in here is getting a little scary (and I talk as someone who tries to maintain a high level of paranoia). Jorge is wrong (IMO) but sincere. No one is seriously going to be trying to control the market through this forum (unless it is the market for pictures of rockets and trains).
+1 (sorry, am a few pages late.) I'm not overly impressed by Jorge's critical abilities re: Bitcoin, considering he's an established CS professor and presumably not completely unintelligent, but it's certainly pathetic to throw around baseless accusations of him being a shill just because you don't like someone's opinions. Jorge's no shill, imho his posts have been fair, intelligent and unbiased with fairly typical blind spots for an older white male* and I'm glad he's taking part in discussions as many in this thread (including myself) tend to go off on a tangent to reality and many of his posts give a neutral to swing back to. I'm a bit mystified why he's devoting a not inconsiderable amount of time to this thread though. Sure, its a good place for banter but there's a lot of crap to wade through to find anything suitable for an academic interest in bitcoin speculation. Maybe he's getting hooked, just one little wafer thin bitcoin sir? Couldn't have said it better |
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Hate it when my bids and asks just barely fail to get touched. Seriously, I was like a dollar off each time  Such a waste of good volatility. |
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