rafanadal
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Activity: 368
Merit: 31
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March 29, 2018, 03:24:38 PM |
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Maybe the price is just going down because people deployed debt to fomo buy something they didn't bother to understand and had no intention of using...
Nah, must be manipulation.
Sadly, you're probably right. |
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gentlemand
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Activity: 2590
Merit: 3008
Welt Am Draht
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March 29, 2018, 03:52:04 PM |
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Funny how the ATH was on the day futures went online.
Self fulfilling prophecy. One thing I've noticed consistently with many people in crypto is the keenness, bordering on desperation, to defer to a higher authority. Futures volumes have been negligible much of the time but that hasn't stopped people blaming it for anything and everything or indeed referring to it for their own trades. I think that article's a crock of shit in the main. Bubbliness couldn't have gone much further. It was crossing from ludicrous to plain insulting with some of the alt valuations. There will come a time when instruments like this command things. It's not here yet. That said the concept can affect minds just as much as it being put into practice. |
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conspirosphere.tk
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Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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March 29, 2018, 04:12:44 PM |
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There will come a time when instruments like this command things. It's not here yet. That said the concept can affect minds just as much as it being put into practice.
Yeah, nothing to see here.  |
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Im not a robot
Newbie
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Activity: 27
Merit: 0
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March 29, 2018, 04:25:16 PM |
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Funny how the ATH was on the day futures went online.
Self fulfilling prophecy. One thing I've noticed consistently with many people in crypto is the keenness, bordering on desperation, to defer to a higher authority. Futures volumes have been negligible much of the time but that hasn't stopped people blaming it for anything and everything or indeed referring to it for their own trades. I think that article's a crock of shit in the main. Bubbliness couldn't have gone much further. It was crossing from ludicrous to plain insulting with some of the alt valuations. There will come a time when instruments like this command things. It's not here yet. That said the concept can affect minds just as much as it being put into practice. The way I see it the psychological road from 3k to 20k first was driven by people fomo buying btc post bcash launch to chase 'free money' from the countless other shitcoin forks. This attracted massive media attention w absurd price predictions and drew in more buyers. After segwit2x failure attention shifted to futures launch with the 'largest transfer of wealth' 'dumping on wall st' narrative, but there was no room for btc to gain further on futures launch as it was already priced in. |
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RayX12
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March 29, 2018, 04:25:41 PM |
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Guys, your reasons for the continuing downtrend are all wrong.
It's pretty simple.
1. Whale(s) spend a full year pumping Bitcoin and altcoins to the moon, using massive leverage.
2. Whale(s) gain control of the float and thin it out, pushing prices to the moon.
3. Whale(s) massively short sell/dump in one go. Ending bull run. Whale mega money then sits on sidelines.
4. Whale(s) use lotza coins to squeeze remaining float up and down to make money trading. Mostly down.
5. Average Joes finally lose interest. Sell at bottom.
... and then... eventually... (*we are not there yet*)...
6. Whale(s) use sidelined mega money to scoop up cheap coins at the bottom. Downtrend over. Next bull run starts.
There are no "reasons". There are no plausible "FUD". Its just the way it goes.
Yep!!!! This was all pre-planned from a year ago and perhaps two years. There are whale manipulators who knew these details all along. I knew it.  Plus all the nervous retirees that cant wait another year! |
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yefi
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Activity: 2842
Merit: 1510
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March 29, 2018, 04:32:39 PM |
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I would gladly trade places with romneymoney...
The picture still isn't inconsistent with a more rapid recovery. I'd like to see a bottom by May-June time, preferably above $4K. A repeat of 2014 can't exactly be waved off either, but it seems almost a little too obvious and easy? Maybe I'm overcomplicating my analysis, but if there's one thing I've learnt from Bitcoin, it's that price rarely treads the easy path. |
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Spaceman_Spiff_Original
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March 29, 2018, 04:39:00 PM |
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I would gladly trade places with romneymoney...
The picture still isn't inconsistent with a more rapid recovery. I'd like to see a bottom by May-June time, preferably above $4K. A repeat of 2014 can't exactly be waved off either, but it seems almost a little too obvious and easy? Maybe I'm overcomplicating my analysis, but if there's one thing I've learnt from Bitcoin, it's that price rarely treads the easy path. True, which is why I chose january in the first place, thinking a end of 2013 type of scenario might be in the cards. At the moment I would place a higher chance on the recovery taking a longer time though. However fundamentally things are certainly looking fine. |
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Torque
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Activity: 3542
Merit: 5039
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March 29, 2018, 04:47:43 PM |
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Yep!!!! This was all pre-planned from a year ago and perhaps two years. There are whale manipulators who knew these details all along. I knew it. Hey guys look, JJG is soooo smart! He just adds the sarcasm and eyeroll emoji and it means that he's right! In fact he's always right! About everything! Let's all bow down the the master crypto god here! (an annoying little narcissistic fuck... not much better than a troll) EDIT: Fuck off JJG, really EDIT #2: Not suffering the fools and idiots that hang out here any longer. Time to clean house. |
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SidETH
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Activity: 116
Merit: 20
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March 29, 2018, 04:50:08 PM |
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There will come a time when instruments like this command things. It's not here yet. That said the concept can affect minds just as much as it being put into practice.
Yeah, nothing to see here. Can someone explain the expected effect of the end of these contracts on the market the coming days (say, beginning of april) to this newbie? |
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LFC_Bitcoin
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Activity: 3514
Merit: 9483
#1 VIP Crypto Casino
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March 29, 2018, 04:55:02 PM |
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bitcoinPsycho
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Activity: 2464
Merit: 2066
$120000 in 2024 Confirmed
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March 29, 2018, 05:02:11 PM |
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Yep!!!! This was all pre-planned from a year ago and perhaps two years. There are whale manipulators who knew these details all along. I knew it. Hey guys look, JJG is soooo smart! He just adds the sarcasm and eyeroll emoji and it means that he's right! In fact he's always right! About everything! Let's all bow down the the master crypto god here! (an annoying little narcissistic fuck... not much better than a troll) EDIT: Fuck off JJG, really ED ::)IT #2: Not suffering the fools and idiots that hang out here any longer. Time to clean house. |
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bitcoinPsycho
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Activity: 2464
Merit: 2066
$120000 in 2024 Confirmed
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March 29, 2018, 05:03:51 PM |
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it's hilarious how people gets ratty here when the price goes down Edit: |
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bitebits
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Activity: 2211
Merit: 3178
Flippin' burgers since 1163.
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March 29, 2018, 05:10:28 PM |
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Can't believe that anno 2018 I am still able to casually buy a whole bitcoin, another one into the jar!
Looking forward high-fiveing future me.
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600watt
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Activity: 2338
Merit: 2106
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March 29, 2018, 05:14:31 PM |
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(...) arguing on who is more retarded.
bitcoin fans posting in a bitcoin forum or trolling bitches opening and maintaining accounts in a bitcoin forum just to tell everyone all the time that bitcoiners are retarded? just fuck off, masochism is not good for you. |
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gentlemand
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Activity: 2590
Merit: 3008
Welt Am Draht
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March 29, 2018, 05:14:48 PM |
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it's hilarious how people gets ratty here when the price goes down Edit: Problem with that? I'm watching you...  One more step out of line and your eyes'll be scratched out. |
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conspirosphere.tk
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Activity: 2352
Merit: 1064
Bitcoin is antisemitic
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March 29, 2018, 05:16:07 PM |
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Can someone explain the expected effect of the end of these contracts on the market the coming days (say, beginning of april) to this newbie?
The effect is that since they're "unbacked" (it's just a money game), those with the deepest pockets can move their price however they like, like they have been doing with precious metals. |
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Raja_MBZ
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Activity: 1862
Merit: 1505
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March 29, 2018, 05:18:25 PM |
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I'm giving bitcoin few more hours to cross $7750 at least, if it doesn't cross that within a few hours, I'm declaring this bearishness "serious" and it could last longer than we expect. This announcement of Bitfinex should've proved to be more bullish than the output we received till now. |
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SidETH
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Activity: 116
Merit: 20
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March 29, 2018, 05:21:11 PM |
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Can someone explain the expected effect of the end of these contracts on the market the coming days (say, beginning of april) to this newbie?
The effect is that since they're "unbacked" (it's just a money game), those with the deepest pockets can move their price however they like, like they have been doing with precious metals. Thanks. |
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