luckygenough56
Legendary
 Offline
Activity: 1526
Merit: 1012
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January 29, 2015, 10:41:24 PM |
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how come a perfect ponzi scheme like bitcoin can fail ? It's mathematically infallible and exponential growth is guaranteed !!!
i'm lost here !
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cakebet
Full Member
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Activity: 229
Merit: 100
CakeBet Bitcoin Casino
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January 29, 2015, 10:46:44 PM |
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... How is it failing? I'm not seeing any evidence suggesting that it is. how come a perfect ponzi scheme like bitcoin can fail ? It's mathematically infallible and exponential growth is guaranteed !!!
i'm lost here !
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finlon
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January 29, 2015, 10:47:30 PM |
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... How is it failing? I'm not seeing any evidence suggesting that it is. how come a perfect ponzi scheme like bitcoin can fail ? It's mathematically infallible and exponential growth is guaranteed !!!
i'm lost here !
probably he just means its failing in terms of price. |
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Arpeggio
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Activity: 16
Merit: 0
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January 29, 2015, 10:47:36 PM |
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It would be nice to see it rocket up again - some of my mates lost lots of money in BTC. I myself managed to pull pretty substantial profit from it, but I joined the choo train a bit late. TA is just TA in the end - manage risk/ride the wave of volatility. There is serious manipulation going on, I am very curious to see where this will be in 6 months or so. Double digits are probably out of question, but I wouldnt be suprised if it "stabilized" in 1XX which will eradicate weak hands. Perhaps, just like all great ideas ,eg. communism in its purest form, BTC will slowly dwindle away and never reach its full potential.. not to mention be used for what it was intended to be used for...
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Sitarow
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Activity: 1792
Merit: 1047
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January 29, 2015, 10:51:36 PM
Last edit: January 29, 2015, 11:38:37 PM by Sitarow |
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Don't trade with leverage. 5:44pm EST  5:50pm EST  6:38pm EST  |
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luckygenough56
Legendary
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Activity: 1526
Merit: 1012
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January 29, 2015, 10:55:11 PM |
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that's it i'm embracing apple pay !
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dakota neat
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January 29, 2015, 10:57:24 PM |
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that's it i'm embracing apple pay !
Do you ever get tired of yourself? Ignored. |
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damiano
Legendary
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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January 29, 2015, 10:59:05 PM |
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Chinese should be waking up now. Wonder what they plan to do
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ChartBuddy
Legendary
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Activity: 2660
Merit: 2364
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 29, 2015, 11:00:02 PM |
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Arpeggio
Newbie
Offline
Activity: 16
Merit: 0
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January 29, 2015, 11:01:18 PM |
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Chinese should be waking up now. Wonder what they plan to do
Well, following the earnings release BABA aka 'benchmark for chinese economy' plummeted ~~ 10%. The Chinese will poop their pants and start hiding USDs under their mattress. |
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diabLEEca
Member
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Activity: 61
Merit: 10
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January 29, 2015, 11:02:16 PM |
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Chinese should be waking up now. Wonder what they plan to do
Seems like they're going to dump. Wonder how long before the finex buy walls disappear. |
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damiano
Legendary
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Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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January 29, 2015, 11:03:03 PM |
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Chinese should be waking up now. Wonder what they plan to do
Seems like they're going to dump. Wonder how long before the finex buy walls disappear. I think 1/3 maybe up to 1/2 are fake so we shall see |
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ParabellumLite
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January 29, 2015, 11:03:48 PM |
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Chinese should be waking up now. Wonder what they plan to do
Seems like they're going to dump. Wonder how long before the finex buy walls disappear. If those disappear, it will be immediatly as those buy walls are fake as has been seen my multiple people in this thread today. We are nearing 8 AM China Time, so if there's gonna be a move it will be there in the next 60 to 90 minutes. I already see some careful movement downwards, just the way the other dumps started before the 8 AM mark. |
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aztecminer
Legendary
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Activity: 1092
Merit: 1000
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January 29, 2015, 11:05:29 PM |
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Chinese should be waking up now. Wonder what they plan to do
 looks like they are planning to panic some more from more 'chinese panic' flash dump bombs . |
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damiano
Legendary
Offline
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
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January 29, 2015, 11:05:43 PM |
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Chinese should be waking up now. Wonder what they plan to do
Seems like they're going to dump. Wonder how long before the finex buy walls disappear. If those disappear, it will be immediatly as those buy walls are fake as has been seen my multiple people in this thread today. We are nearing 8 AM China Time, so if there's gonna be a move it will be there in the next 60 to 90 minutes. I already see some careful movement downwards, just the way the other dumps started before the 8 AM mark. Yep |
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dakota neat
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January 29, 2015, 11:08:28 PM |
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looks like they are planning to panic some more from more 'chinese panic' flash dump bombs . lol  |
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kodtycoon
Legendary
Offline
Activity: 1568
Merit: 1002
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January 29, 2015, 11:09:15 PM |
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Chinese should be waking up now. Wonder what they plan to do
Seems like they're going to dump. Wonder how long before the finex buy walls disappear. If those disappear, it will be immediatly as those buy walls are fake as has been seen my multiple people in this thread today. We are nearing 8 AM China Time, so if there's gonna be a move it will be there in the next 60 to 90 minutes. I already see some careful movement downwards, just the way the other dumps started before the 8 AM mark. am i the only one feeling bullish? |
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derpinheimer
Legendary
Offline
Activity: 896
Merit: 1000
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January 29, 2015, 11:11:14 PM |
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Chinese should be waking up now. Wonder what they plan to do
Seems like they're going to dump. Wonder how long before the finex buy walls disappear. If those disappear, it will be immediatly as those buy walls are fake as has been seen my multiple people in this thread today. We are nearing 8 AM China Time, so if there's gonna be a move it will be there in the next 60 to 90 minutes. I already see some careful movement downwards, just the way the other dumps started before the 8 AM mark. They arent fake.. theyve already been sold in to.  FUD |
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bassclef
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January 29, 2015, 11:14:05 PM |
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Chinese should be waking up now. Wonder what they plan to do
Seems like they're going to dump. Wonder how long before the finex buy walls disappear. If those disappear, it will be immediatly as those buy walls are fake as has been seen my multiple people in this thread today. We are nearing 8 AM China Time, so if there's gonna be a move it will be there in the next 60 to 90 minutes. I already see some careful movement downwards, just the way the other dumps started before the 8 AM mark. am i the only one feeling bullish? No. The downward movements on low volume are just stop hunting. Had the same fakeouts (only in reverse) last time we consolidated out. It's how whales take position. |
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CoinDox
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January 29, 2015, 11:14:24 PM |
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It would be nice to see it rocket up again - some of my mates lost lots of money in BTC. I myself managed to pull pretty substantial profit from it, but I joined the choo train a bit late. TA is just TA in the end - manage risk/ride the wave of volatility. There is serious manipulation going on, I am very curious to see where this will be in 6 months or so. Double digits are probably out of question, but I wouldnt be suprised if it "stabilized" in 1XX which will eradicate weak hands. Perhaps, just like all great ideas ,eg. communism in its purest form, BTC will slowly dwindle away and never reach its full potential.. not to mention be used for what it was intended to be used for...
This is one of the more sensible newbie posts I have read yet. Kudos! |
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