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Author Topic: Market fucks the majority  (Read 1271 times)
WiiD (OP)
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July 07, 2016, 09:42:22 PM
 #1

The Halving-Hype is the same as the Brexit-Shit.


95% of the Market thought Britain would vote Bremain and they was long in GBP. They got fucked by Market.
95% of the Market thinks Bitcoin will rise during the Halving-Hype we are in these days. They will get fucked by Market.
CoinCidental
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July 07, 2016, 10:13:20 PM
 #2

Nope, it's all falling into place nicely Smiley
There will be a violent shake to get rid of the stragglers
And the price will rise accordingly when the right people have
The majority of the coins... To think anything otherwise would just be foolish.....

HyphyBTC
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July 07, 2016, 10:17:58 PM
 #3

From what I've read around here, everyone is expecting a crash around the halving, so won't they be the ones who get fucked?
WiiD (OP)
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July 07, 2016, 10:23:18 PM
 #4

Nope, it's all falling into place nicely Smiley
There will be a violent shake to get rid of the stragglers
And the price will rise accordingly when the right people have
The majority of the coins... To think anything otherwise would just be foolish.....



Okay, to be honest one time since I post here and not trolling Grin Grin :

I did not say that I do not think that the price will rise more than it is today after the Halving. I actually think that we will reach 1000$ this year.
But most people are expecting a rise on the halving, me included. But because we all do this, the price is falling now. And I do not think it is over right now.
rezilient
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July 07, 2016, 10:23:43 PM
 #5

From what I've read around here, everyone is expecting a crash around the halving, so won't they be the ones who get fucked?

because its a hype. Im expecting that the dump are starting before the halving happens.

You don't pay enough.
The Sceptical Chymist
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July 07, 2016, 10:40:21 PM
 #6

The Halving-Hype is the same as the Brexit-Shit.


95% of the Market thought Britain would vote Bremain and they was long in GBP. They got fucked by Market.
95% of the Market thinks Bitcoin will rise during the Halving-Hype we are in these days. They will get fucked by Market.
Yeah it's basically people fucking each other like the whole world was Las Vegas in the winter time.  That's what the market is, after all.  It's comprised of individuals trying to outfuck one another.  Brexit and the halving are just gasoline puddles underneath the whole house of cards, and each trader is a match.  You heard it here first, folks.

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angaper
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July 07, 2016, 10:42:34 PM
 #7

The Halving-Hype is the same as the Brexit-Shit.


95% of the Market thought Britain would vote Bremain and they was long in GBP. They got fucked by Market.
95% of the Market thinks Bitcoin will rise during the Halving-Hype we are in these days. They will get fucked by Market.

I also think so my friend. It is very exciting for me to see this great expectation, but I  just basically hope two things:

a) Markets react indifferently to halving or:
b) Markets react with panic and bitcoin price falls sharply

And both cases will be very disappointing for many.
mOgliE
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July 07, 2016, 11:19:59 PM
 #8

Maybe maybe maybe...

But that's only if you look in a very short term.
You should look the global trend which is clearly up. So nobody should get fucked by the market you know ^^

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July 07, 2016, 11:31:33 PM
 #9

We already have had a more than decent bull run taking the price from around $420-$450 all the way to over $780! That was the long waited for block halving pump. Right now we have to focus on maintaining the $600 mark as that currently is the most important thing.
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July 07, 2016, 11:49:08 PM
 #10


And the price will rise accordingly when the right people have
The majority of the coins.


who are the right people? what happens to those right people when richer right people come along and want in? is bitcoin gonna be trapped in a never ending accumulation phase until everyone else gets bored and starts to play elsewhere?

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July 08, 2016, 01:11:13 AM
 #11

Nope, it's all falling into place nicely Smiley
There will be a violent shake to get rid of the stragglers
And the price will rise accordingly when the right people have
The majority of the coins...
To think anything otherwise would just be foolish.....



You're saying it like it's a good thing?
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July 08, 2016, 02:55:59 AM
 #12

Everyone expects the price to go up. But everyone also knows that the market goes against the majority which would mean the price will go down. But since everyone knows that expecting the price to go up will inevitably result in the price going down, clearly we can not bet on the price going down since everyone will be expecting it. Therefore, since it is expected that the price will go up and that the market will move against the majority, clearly the price has to go up!

Look inside yourself, and you will see that you are the bubble.
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July 08, 2016, 03:00:07 AM
Last edit: July 08, 2016, 03:14:04 AM by Ibian
 #13

Nope, it's all falling into place nicely Smiley
There will be a violent shake to get rid of the stragglers
And the price will rise accordingly when the right people have
The majority of the coins...
To think anything otherwise would just be foolish.....



You're saying it like it's a good thing?
It is. The fewer people hold the majority of coins the less coins the market as a whole has to work with the higher the price will be.

Envy is not a useful feeling.

Look inside yourself, and you will see that you are the bubble.
NorrisK
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July 08, 2016, 06:26:02 AM
 #14

People just don't seem to understand the fundamentals of the halving and just expect a halving of new coins to double the value of the old coins.

This is ofcourse something that will never happen as total supply is much much higher than the new supply that is released after halving and this initial supply is also still available.

If you take time to understand halving, you know it is not the same as brexit regarding speculation.
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July 08, 2016, 06:30:49 AM
 #15

A huge majority of the world's population doesn't have a single satoshi. Wink

If you aren't the sole controller of your private keys, you don't have any bitcoins.
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July 08, 2016, 06:56:56 AM
 #16

it look like nothing will happen, the market is not just driven by one person that will pump or dump at the halving and pump or dump later

the increase was already there with the recent rally for another one we need to wait more than the halving, later this year, also summer is never good for pumping, i recall that the majority of huge pump were in autumn and spring....
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July 08, 2016, 07:39:00 AM
 #17

A huge majority of the world's population doesn't have a single satoshi. Wink

What's your point?
A huge majority of the world doesn't have any gold either.... 
pooya87
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July 08, 2016, 09:49:19 AM
 #18

Nope, it's all falling into place nicely Smiley
There will be a violent shake to get rid of the stragglers
And the price will rise accordingly when the right people have
The majority of the coins... To think anything otherwise would just be foolish.....



Okay, to be honest one time since I post here and not trolling Grin Grin :

I did not say that I do not think that the price will rise more than it is today after the Halving. I actually think that we will reach 1000$ this year.
But most people are expecting a rise on the halving, me included. But because we all do this, the price is falling now. And I do not think it is over right now.

the bold part doesn't even make sense. if most people (and by people i mean the investors not random forum members who are just saying random stuff) expect a rise they will start buying not standing around.
buy == higher demand == rise
so the price should rise. so by your logic most people should have expected a fall that is why they sold and price went down.

but i think this logic is also not the thing that happened, this has nothing to do with our expectations, it is the fucking whales who dumped to prevent the rise and buy more cheaper coins themselves before the rise.

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craked5
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July 08, 2016, 02:06:55 PM
 #19

Nope, it's all falling into place nicely Smiley
There will be a violent shake to get rid of the stragglers
And the price will rise accordingly when the right people have
The majority of the coins...
To think anything otherwise would just be foolish.....



You're saying it like it's a good thing?
It is. The fewer people hold the majority of coins the less coins the market as a whole has to work with the higher the price will be.

Envy is not a useful feeling.

But it means some people have much more power over btc than anyone else. It means btc is not decentralized. It means btc is a failed project :/
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July 08, 2016, 02:12:32 PM
 #20

The Halving-Hype is the same as the Brexit-Shit.


95% of the Market thought Britain would vote Bremain and they was long in GBP. They got fucked by Market.
95% of the Market thinks Bitcoin will rise during the Halving-Hype we are in these days. They will get fucked by Market.

You know that the halving hype exists for more than 6 months already right?!
So I ask you what has happened to the price during that time?!
Tomorrow we will finally leave the halving behind us and can continue behaving normal.
And with a delay of a few months we will see the next run in price because of the halving effect! Wink
So I absolutely can not see where the market is "fucking" the majority.
If you have positioned yourself at the right time you will already have made some nice profits.And if you have the patience to hold for another few more months you will make even more profits.
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