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All exchanges dumping, what a surprise eh bitcoiners?
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I have a question for you guys:
You own 5k bit-coins. What do you do? Serious question.
I would dump all at the speed of light. I would get the money out and never look back. |
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Tony Gallippi is just desperately trying to hype.
I wanna remind y'all that Barry Silbert said the same exact thing all throughout 2014. "I know that Wall Street is coming into bitcoin in a big way".
Guess naht lel
Hence the prolonged bear market and recent shakeouts. That is how Wall Street buys. Sure, sure. If it goes to double digits will you be telling yourself the same ad infinitum? Damn, the price of this penny stock crashed, Wall Street must be dying to buy all of this shit! Get in while you can!  |
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Shorts up to over 15k on bfxdata.
Juicy bid side on finex.
Fireworks soon.
15k BTC is absolutely nothing. Especially now that their USD value is low because of the low price. I would say shorts are pretty low. |
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Tony Gallippi is just desperately trying to hype.
I wanna remind y'all that Barry Silbert said the same thing all throughout 2014. "I know that Wall Street is coming into bitcoin in a big way".
Guess naht lel
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1. Come up with a piece of technology you can invest in.
2. try to convince everyone to put money in it.
3. Claim that the heretics who have doubts about it simply don't understand it. Tell them that some folks had doubts about the internet back in its early days too.
4. ? ? ? ? ?
5. Profit!
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Because there is no demand and the price is not bound to go anywhere but slowly down?
The market is unilateral and has no spectrum right?  Troll logic. For a new strong bull market the amount of fiat hitting exchanges would be gigantic and we are not seeing it. There is evidence that demand is actually decreasing (while supply keeps increasing of course). |
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Because there is no demand and the price is not bound to go anywhere but slowly down?
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It's nice what you can dig up with old threads. Even now at $430, Bitcoin is still a good short
:facepalm: please sell your house and follow your "good short" advice. Maybe we won't have you typing here anymore then  |
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Looks like the ocupy devs have some sockpuppets in this forum for their pump&dump.
"You are FUDing to get cheap coins". You fuckers should get a life.
Will be funny to see some fools lose money with this scam tho.
Another illiquid, unrighteous and frankly sad pump&dump, don't you idiots ever get tired of this shit?
3 BTC daily volume, lmao what's that? Welfare version of trading? Go back to school kids.
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"Gold collapsing. Bitcoin UP"
I LOL everytime.
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4 pools owning around 51% of the hashing power.
"Further decentralization"? lol
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Absence of regulations, wild west penny stock pumps and shenaningans-driven exchanges is one of the reasons bitcoin's price pumped as much as it did. Why should people give two shits about a regulated bitcoin exchange? |
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Yep supply keeps steadily increasing as miners print money are awarded for all the electricity they're wasting hard work. But you wanna know something even more amazing? The amount of fiat sitting on exchanges has been consistently, steadily and relentlessly decreasing for more than a year, and it's not getting better. https://bitcointalk.org/index.php?topic=934650.msg10248181#msg10248181How do you like that? Go figure that shit out. Price goes down? Gotta be them savvy daytraders screwing with our investment Goddamnit! |
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What has happened between then and now is a shift in the people involved in BTC. It's moved far away from the ideals and beliefs of the initial user base to groups of people looking to abuse it for monetary gain. Obviously there are still new comers interested in the tech, but I would guess a majority are looking for a way to bank $$$, not BTC.
So we are in the good ol' "people buying and HODLING expecting 1 gazillion per coin thanks to greater fools are saints and are in for the ideals but the people dumping or shorting because they expect the price to go down are evil and greedy". I see... You weren't here then so I don't expect you to understand that that's not what I mean. It's easy to walk around with your shit brush and paint it all brown, and to be honest that's exactly what I expect from you. Just to share: it wasn't just "people buying and HODLING expecting 1 gazillion per coin", in fact the early "pioneers" if we can call them that spread their BTC wealth quite willingly. There were BTC bounties offered for development and technical assistance. There were faucets that gave multiple coins away. People mined at a financial loss and were more than happy to do so. There were countless other things going on that were all reflective of people sharing, building, and growing BTC because of the ideas behind it at the time. But I digress. You weren't there, you didn't witness it, and thusly I don't expect you to be cognizant just how much this "community" has changed. Oh I see you are talking about the REALLY old days. People became greedy with the first 2011 bubble or even before, as soon as some understood that this thing could be pumped&dumped. Sure I know that Gavin donated 10k BTC to a faucet, that early miners had no idea what these funny tokens could become, sure I know. But when blind greed is involved, things can shift quite quickly. And they did. PS: How do you know where I was during BTC early days? |
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...
imagine an entity would set a buy wall of 4,2 billion dollar on an exchange - the price could never be lower than 200$ again...
Imagine if that 4.2 billion dollars is removed from an exchange, and is offered instead for a metric ton of my poop? My bowel movements would make me exceptionally wealthy. Sadly, my scenario hinges on the same improbable event as yours: Someone being batshit crazy enough to part with 4.2 billion dollars for our respective treasures. Actually I think the shit scenario is less improbable. Shit has been considered art in the past, and people are willing to pay a lot for art, so who knows?  http://en.wikipedia.org/wiki/Artist%27s_ShitNothing artistic about this bitcoin chit tho  |
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What has happened between then and now is a shift in the people involved in BTC. It's moved far away from the ideals and beliefs of the initial user base to groups of people looking to abuse it for monetary gain. Obviously there are still new comers interested in the tech, but I would guess a majority are looking for a way to bank $$$, not BTC.
So we are in the good ol' "people buying and HODLING expecting 1 gazillion per coin thanks to greater fools are saints and are in for the ideals but the people dumping or shorting because they expect the price to go down are evil and greedy". I see... The "to the moon" mentality has been around for a long time... |
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