Manipulation finished. Bubble popping.

[kwukduck]

kwfukduck is legendary.

Yep. Just look at that chart going up right now. I was so wrong...

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[Frank Lefty Rosenthal]

Wow guys kwuckduck this man real idiot.


This rally just started up.  We are going to see $5,000  before we hit below $900 again.


HODL YOUR COINS!!!!!!

Dont be so sure of that. Lots of resistance is forming and the floor is falling out from under us. We could test $750 again before we test $1000 again.

Frank Lefty Rosenthal Signing Out.

[Hunyadi]

IMO we are consolidating.

BTW:
Hello farmer!

I am also afraid of bitcoin's bubble will pop one day. That's why I don't keep my bitcoins as many of users recommend to do, I'm cashing out my earnings from the campaign every month. I think now there is high level of danger to some site would be hacked, as it happen with Bitfinex this summer. Such high price just could not to attract hackers.

Date Registered:   April 29, 2016, 10:58:11 AM

There is no reasons to afraid here. The current bitcoin's price is not the maximum what bitcoin can reach. I would say that we are far away from the pop. So don't make panic around that. Better keep your bitcoins, cause of the price is going to get doubled as minimum.

Date Registered:   April 29, 2016, 08:49:25 AM

[rogerwilco]

As you can see here 95% of all btc is contained within 0.17% of all addresses.

Of course most addresses don't have any coins in them anymore.

An address that has not had coins spent from it is more secure than one which has. Therefore, the most prudent thing to do when spending a partial balance is to send the rest to a new address that you also have the key for.

Sample size of one, most of the addresses I've used now have a zero balance. But I know this is common practice for many people and businesses as well. Not to mention mixers and other cases where coins rapidly change hands.

[kwukduck]

As you can see here 95% of all btc is contained within 0.17% of all addresses.

Of course most addresses don't have any coins in them anymore.

An address that has not had coins spent from it is more secure than one which has. Therefore, the most prudent thing to do when spending a partial balance is to send the rest to a new address that you also have the key for.

Sample size of one, most of the addresses I've used now have a zero balance. But I know this is common practice for many people and businesses as well. Not to mention mixers and other cases where coins rapidly change hands.

And of course  zero balance addresses are excluded.

[pooya87]

while i am enjoying the rise and my profit i made a little picture representing cuckooduck's post history for funz.



keep it up bro, we expect seeing the same posts on $1200 and $2000,... or we'll miss you 

[Gotottack]

Prepare for free fall guys. The manipulators have taken enough of your money for now and will let the price plummet again to 300-500 levels in order to play the same game all over again.

Anyone thinking this is a free market is delusional. 99% of all coins owned by 5 people lol.

I don't think 99% of the coins is owned by that few people. There are so many coins that have been mined and also there has been a lot of it in circulation. So I guess this is not true at all. Unless you prove it. Maybe there would be a correction of the price, but you can't say that it is manipulated solely by a few.

[michkima]

while i am enjoying the rise and my profit i made a little picture representing cuckooduck's post history for funz.

removed to shorten post

keep it up bro, we expect seeing the same posts on $1200 and $2000,... or we'll miss you 

This post made my day. LOL

These is what "experts" do in the real world. They just create some kind of fake prophecy and wait if it comes true. If it does come true they are indeed going to rub it in our faces and go "I told you so." But if they fail in their prediction they just shut up and create some excuse why it didn't happen. That's how they roll.

[rogerwilco]

As you can see here 95% of all btc is contained within 0.17% of all addresses.

Of course most addresses don't have any coins in them anymore.

An address that has not had coins spent from it is more secure than one which has. Therefore, the most prudent thing to do when spending a partial balance is to send the rest to a new address that you also have the key for.

Sample size of one, most of the addresses I've used now have a zero balance. But I know this is common practice for many people and businesses as well. Not to mention mixers and other cases where coins rapidly change hands.

And of course  zero balance addresses are excluded.

Doesn't look that way to me.

Unless you believe 97% of positive balance addresses have less than a dollar's worth... and that this is somehow an indication of wealth inequality.

Never mind. That probably is the way you think.

[unknown04]

while i am enjoying the rise and my profit i made a little picture representing cuckooduck's post history for funz.

removed to shorten post

keep it up bro, we expect seeing the same posts on $1200 and $2000,... or we'll miss you 

This post made my day. LOL

These is what "experts" do in the real world. They just create some kind of fake prophecy and wait if it comes true. If it does come true they are indeed going to rub it in our faces and go "I told you so." But if they fail in their prediction they just shut up and create some excuse why it didn't happen. That's how they roll.

these two posts made my day lol.... this is so goddamn true... so immature...

[orpington]

As you can see here 95% of all btc is contained within 0.17% of all addresses.

Of course most addresses don't have any coins in them anymore.

An address that has not had coins spent from it is more secure than one which has. Therefore, the most prudent thing to do when spending a partial balance is to send the rest to a new address that you also have the key for.

Sample size of one, most of the addresses I've used now have a zero balance. But I know this is common practice for many people and businesses as well. Not to mention mixers and other cases where coins rapidly change hands.

And of course  zero balance addresses are excluded.

kwukduk, are you a government insider or are you just a regular dude?

[Amph]

nah what i see is a price correction, liek the one that happened before we reached $900, it returned back a little, it will repeat the same story now

it can go pumped forever you know that would be stupid to think, but i also don't believe we are ready for $1k yet

[Taki]

Today, many people are skeptical about the growth rate of Bitcoin, they are thinking it's a typical investment bubble, but I don't think we need to consider the digital currency as another form of securities. Rather, it can be compared to email, websites, MP3 and ebooks. This is a technological innovation that will soon be able to replace the technology of the past – namely, the usual, fiat.

[orpington]

Today, many people are skeptical about the growth rate of Bitcoin, they are thinking it's a typical investment bubble, but I don't think we need to consider the digital currency as another form of securities. Rather, it can be compared to email, websites, MP3 and ebooks. This is a technological innovation that will soon be able to replace the technology of the past – namely, the usual, fiat.

Yes, however I do believe kukduck may be a time traveler from the future sent to warn us.

[kwukduck]

Today, many people are skeptical about the growth rate of Bitcoin, they are thinking it's a typical investment bubble, but I don't think we need to consider the digital currency as another form of securities. Rather, it can be compared to email, websites, MP3 and ebooks. This is a technological innovation that will soon be able to replace the technology of the past – namely, the usual, fiat.

It could be that.
Unfortunately that is not what it is with all the fundamental flaws in the protocol.
And even worse, what the community made of it.

[1Referee]

nah what i see is a price correction, liek the one that happened before we reached $900, it returned back a little, it will repeat the same story now

it can go pumped forever you know that would be stupid to think, but i also don't believe we are ready for $1k yet

We're definitely not ready for $1000 prices yet. If you look at how weak the support is, then it doesn't take much to get the price to tank all the way to $800's. The price went up way too much in such a short period of time. Buy support takes time to build up, where it later is able to absorb some level of securing profits by large players. Right now it's peanuts for a large player to put people back on earth. If we end up falling back to the $800's, then we still can look back at a more than successful/profitable year.

[pitham1]

We have a small correction and people think it is a bubble popping?
Whether the price was manipulated or not, there are enough believers in Bitcoin's potential. We will have strong support at $890-$900, if at all Bitcoin retreats to those levels.

[orpington]

kvukduck, honestly, what is your best advice for the average bitcoin investor?

[lambdaE]

Prepare for free fall guys. The manipulators have taken enough of your money for now and will let the price plummet again to 300-500 levels in order to play the same game all over again.

Anyone thinking this is a free market is delusional. 99% of all coins owned by 5 people lol.

I have aid this for awhile now people are to bully and think there has been a sudden surge of new money. Nope, same old manipulators kicking ass.. Until next time friends........

[kwukduck]

@orpington
@lambdaE

Besides the support being extremely weak at this point.
The most important indicator is flawed fundamentals that are not being resolved, this pretty much guarantees a system doomed to fail in its current state.
The only thing countering this downward spiral is hype and manipulation. Hype will blow over but the manipulation can be sustained for quite some time, as long as there are fools to trick.


We need crypto in this world but bitcoin isn't the solution (at least in its current form).
The price will reflect this.