I think that in this context the BIG words of, "apparently not" only signify that BTC price had been continuing to have downwards price pressures in spite of news that should be unambiguously positive, in terms of BTC fundamentals.
That's what I assumed as well. My point was that they should say that and stop making people assume.
I don't proclaim to be immuned from getting in unnecessary battles and quibbling - yet it is quite common that posters do not explain some of what they mean, and we do not necessarily attribute bad motive to them, unless they have a history of showing such bad motives (including purposefully attempting to mislead). It seems that I did not read as much ambiguity as you had seemed to into that sentence.
At the time the price was changing +-$100; negligible compared to what we've been dealing with the last few days and weeks. Even now, the price is still within ~$100 of this morning; apparently the news/non-news is not having all that great an effect on price as they implied.
Of course, each of us can come to differing conclusions about the significance of various events, whether those events are related to news or momentum or a combination of such.
Further, when we are in the middle of a price correction, it can be hell-a difficult to determine exactly when such price correction is over and whether support is slowly being widdled away. A few days ago, I was beginning to feel some confidence that BTC prices had risen enough to bring us out of the severities of this current correction that is testing $9k/$10k support, and surely, I was thinking that we were getting close to breaking above $13k and getting above $13k would be a kind of sign and also distance us a bit from $9k/$10k striking distance - but in the end, we are back and within fairly close proximity of such $9k/$10k support.
I have no fucking idea if we are close to breaking through such $9k/$10k support, but the longer that we are down here, then there can be questions and doubts regarding whether $9k/$10k support is going to hold.
It's just annoying seeing "click-bait-esque" posts on here that the user adds nothing to the conversations.
Hahahahahaha... We are not going to get rid of any of that any time soon, and seems like infofront has a decently tolerating moderation style that errs on the side of allowing for posts, which I think works pretty well for this particular thread.
I'd much rather read through longer posts (like yours or even, dare I say it, r0ach's haha), at least I can try and glean something from them.
I gotta try to recognize humor in a couple of respects, here.
1) There are probably fewer than 5% of readers of this thread that would actually admit to liking either the quantity or the quality of my posts, so you are likely an anomaly in that regard.
2) I feel a bit of unease to be placed into any kind of camp with the roachster, but I suppose if Roachity and I were to go to a bar for beers, perhaps we would be able to finish one or two beers before one or the other of us would have to exit because we just could not take the togetherness any longer. Sound like a set up for a joke: "Roach and JJG walk into a bar ...... blah blah blah........ OMG"
If I wanted useless posts, I'd go to r/btc. Oh well, my ignore list grows (like it matters, I'm a nobody here :p).
I've never put anyone on ignore. I guess I would rather just browse through the posts that are not to my liking rather than to eliminate them. This thread does tend to be so prolific though that ignoring could become time-management helpful.
Edit: The next 24 hours are critical
This whole fucking week could be critical, but it is so difficult to say. I believe that BTC trade volume continues at a high enough level that we are not too likely to experience boring any time in the near future. Accordingly, it will remain interesting to witness whether we 1) break below $9k to $10k support, 2) get caught in a kind of $9500 to $12,500 territory for many days, or 3) significantly break above $13k... Me thinks that it could take several days to play out beyond the next 24 hours.
Poll
