windjc
Legendary
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Activity: 2156
Merit: 1070
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January 06, 2014, 07:44:24 AM |
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Tomorrow there will be a weekend low and that will be the best time to buy. Next week will test new levels of resistance.
Brave words...I'll make a note. Please do. I haven't been wrong about a specific call I've posted on here yet. Hey, Windy! Just wanted to remind you about your prediction: so much for the weekend low eh?  Good grief. I said I thought we would have a slight dip. We did not. I apologize for being wrong. Is that ok? Do you need me to do something else like castrate myself publically or something? What would you like from me, exactly? It think it would be better for both of us if you just ignored my posts. I actually thought about going back and doing a chart of the last six months, comparing weekend performance to weekday performance to "prove" the theory that weekend perform less well on whole. But I just don't have an extra couple of hours to do this. Meanwhile I am 100% btc and have been for a while so I am happy as a lark that we didn't dip. |
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Davyd05
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January 06, 2014, 07:44:46 AM |
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As much as guys like loaded think they move the markets, all they can hope for is a temporary price movement. These so-called whales are merely plankton in this ecosystem.
Yeah, the last dump he warned us of did not happen. And I shorted my coins margin trading due to his words, now I own 0 BTC. Lol. Shit ain't funny bro... most people just say don't short bitcoin |
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mmitech
Legendary
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Activity: 1148
Merit: 1001
things you own end up owning you
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January 06, 2014, 07:44:48 AM |
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There are about 25,000 coins left on all the exchanges put together. Just guesstimating -- didn't actually count them.
For about 40 million you could get a corner on bitcoin.
That's about 9 days of mining output.
If this is correct this makes the current market price meaningless. BTC is ridiculously thinly traded. Further you cannot extract a market cap out to 12 million coins based on trades of 25,000 coins. People saying BTC has a market cap of $12 billion fail to appreciate what would happen if one whale stirred. People will probably flame me for saying this but whatever. I am contributing by buying and hodling. really ? this is the same on every stock market, even the same with gold and silver, when we say a company is worth X billion this means it is based on the trading price of one stock, now someone dumping a large hold of stocks will bring the shares price down to ground, the same works for Gold and Silver, it is just more noticeable with BTC because there is no fast exchanging mechanism of going In/out but this will be gone soon when we hit wall street  |
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ElectricMucus
Legendary
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Activity: 1666
Merit: 1057
Marketing manager - GO MP
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January 06, 2014, 07:46:22 AM |
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Lets face it we're all here to get each others money in one way or the other, and when somebody looses their it's time for celebrations.  No hard feelings, that just the way it is. |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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January 06, 2014, 07:46:25 AM |
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As much as guys like loaded think they move the markets, all they can hope for is a temporary price movement. These so-called whales are merely plankton in this ecosystem.
Yeah, the last dump he warned us of did not happen. And I shorted my coins margin trading due to his words, now I own 0 BTC. Lol. Shit ain't funny bro... God, I hope you are joking. |
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windjc
Legendary
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Activity: 2156
Merit: 1070
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January 06, 2014, 07:47:50 AM |
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Lets face it we're all here to get each others money in one way or the other, and when somebody looses their it's time for celebrations. No hard feelings, that just the way it is. Actually I only get pleasure from getting yours.  |
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HairyMaclairy
Legendary
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Activity: 1414
Merit: 2174
Degenerate bull hatter & Bitcoin monotheist
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January 06, 2014, 07:48:49 AM |
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There are about 25,000 coins left on all the exchanges put together. Just guesstimating -- didn't actually count them.
For about 40 million you could get a corner on bitcoin.
That's about 9 days of mining output.
If this is correct this makes the current market price meaningless. BTC is ridiculously thinly traded. Further you cannot extract a market cap out to 12 million coins based on trades of 25,000 coins. People saying BTC has a market cap of $12 billion fail to appreciate what would happen if one whale stirred. People will probably flame me for saying this but whatever. I am contributing by buying and hodling. You're right. In theory, one coin could be sold for $100k USD and for that brief moment, the market cap would be ~$1.2 trillion. You guys realize as the more and more big players and funds get involved the more BTC will be sold OFF EXCHANGE and that the # of bitcoins sold on exchanges will DECREASE overtime? Its these little obvious facts that seem to evade people who doubt the price of bitcoin can't go much higher. I am perfectly aware that the price will go to 1 billion dollars per BTC when there is only 1 bit coin left on Mt Gox. I am also perfectly aware that this price will instantly halve when some whale releases a second bitcoin on Mt Gox because "the market can't handle the volume". It's laughable and I am quite enjoying it all. What discount do you think the big off-exchange trades are going at? My bet is that they are at least a 50% discount to market (still an enormous sum). LOL. wut? 50% discount? Why the hell would miners sell off exchange for that? The off exchange is an advantage for the BUYER. Fixed price. If you have read commentary from people who have bought off exchange sometimes its a minor discount and often a minor premium. I'm not talking about some miner with 50 coins to flog. You tell me how you would sell 100,000 coins in this market inside a month without destroying the global market. The *only* way to do it is off exchange. And the buyers know that - they will have exactly the same problem unless they themselves sell off market (eg an ETF) to the punters. In case you haven't noticed the Winkelvii are stranded if they can't get an ETF up or they don't find another whale to bail them out. It's quite funny really and their position is only getting worse as the liquidity dries up and the price goes up. Of course it's a nice problem to have and maybe liquidity will return. One day. |
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mb300sd
Legendary
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Activity: 1260
Merit: 1000
Drunk Posts
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January 06, 2014, 07:50:16 AM |
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If that's the way the game is played......
Many of you got pwned by me while in a drunken blackout state. Up 23 BTC on a trade I don't remember making.
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windjc
Legendary
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Activity: 2156
Merit: 1070
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January 06, 2014, 07:51:26 AM |
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There are about 25,000 coins left on all the exchanges put together. Just guesstimating -- didn't actually count them.
For about 40 million you could get a corner on bitcoin.
That's about 9 days of mining output.
If this is correct this makes the current market price meaningless. BTC is ridiculously thinly traded. Further you cannot extract a market cap out to 12 million coins based on trades of 25,000 coins. People saying BTC has a market cap of $12 billion fail to appreciate what would happen if one whale stirred. People will probably flame me for saying this but whatever. I am contributing by buying and hodling. You're right. In theory, one coin could be sold for $100k USD and for that brief moment, the market cap would be ~$1.2 trillion. You guys realize as the more and more big players and funds get involved the more BTC will be sold OFF EXCHANGE and that the # of bitcoins sold on exchanges will DECREASE overtime? Its these little obvious facts that seem to evade people who doubt the price of bitcoin can't go much higher. I am perfectly aware that the price will go to 1 billion dollars per BTC when there is only 1 bit coin left on Mt Gox. I am also perfectly aware that this price will instantly halve when some whale releases a second bitcoin on Mt Gox because "the market can't handle the volume". It's laughable and I am quite enjoying it all. What discount do you think the big off-exchange trades are going at? My bet is that they are at least a 50% discount to market (still an enormous sum). LOL. wut? 50% discount? Why the hell would miners sell off exchange for that? The off exchange is an advantage for the BUYER. Fixed price. If you have read commentary from people who have bought off exchange sometimes its a minor discount and often a minor premium. I'm not talking about some miner with 50 coins to flog. You tell me how you would sell 100,000 coins in this market inside a month without destroying the global market. The *only* way to do it is off exchange. And the buyers know that - they will have exactly the same problem unless they themselves sell off market (eg an ETF) to the punters. In case you haven't noticed the Winkelvii are stranded if they can't get an ETF up or they don't find another whale to bail them out. It's quite funny really and their position is only getting worse as the liquidity dries up and the price goes up. Of course it's a nice problem to have and maybe liquidity will return. One day. With all do respect, a large coin holder is more likely to demand a premium. A small seller on local bitcoins who wants cash under the table might give a discount. Think about it. No one is going to sell 100k coins at some large discount. That is insane. |
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600watt
Legendary
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Activity: 2338
Merit: 2106
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January 06, 2014, 07:54:00 AM |
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As much as guys like loaded think they move the markets, all they can hope for is a temporary price movement. These so-called whales are merely plankton in this ecosystem.
Yeah, the last dump he warned us of did not happen. And I shorted my coins margin trading due to his words, now I own 0 BTC. Lol. Shit ain't funny bro... You went to zero btc because of a post in a forum? if one feels the urge ( and i don't blame anyone for doing this) to play around with his btc stash: just use 10% of it. last drop i fucked up big time and had to buy back with a loss. felt so bad. then i realized that i lost less than 2% of my stash. still horrible, but life goes on. 100% loss?  not funny |
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alexeft
Legendary
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Activity: 854
Merit: 1000
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January 06, 2014, 07:55:40 AM |
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I like them, the hodling ones most!!! |
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ShawnP
Newbie
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Activity: 52
Merit: 0
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January 06, 2014, 08:00:05 AM |
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Yeah, the last dump he warned us of did not happen.
It did happen. look at vertical line and date. Few day later we were at 455$. Large movement possible soon. Guess the direction.
https://i.imgur.com/sLi6Rry.png |
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keewee
Legendary
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Activity: 1025
Merit: 1000
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January 06, 2014, 08:00:31 AM |
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As much as guys like loaded think they move the markets, all they can hope for is a temporary price movement. These so-called whales are merely plankton in this ecosystem.
Yeah, the last dump he warned us of did not happen. And I shorted my coins margin trading due to his words, now I own 0 BTC. Lol. Shit ain't funny bro... The strange thing is that the last time he said anything like this was "Large movement possible soon. Guess the direction." on Dec 14. Then between Dec 16 and Dec 18 the price fell from about 900 down to 450. That's a pretty decent dump so I'm surprised you didn't make a killing on it Edit: beaten to it |
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ChartBuddy
Legendary
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Activity: 2352
Merit: 1819
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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January 06, 2014, 08:04:34 AM |
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nanobrain
Legendary
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Activity: 1008
Merit: 1000
Dumb broad
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January 06, 2014, 08:04:51 AM |
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I bought the train one about 12 hours ago:) also, my wife was the one who invested in btc, i was just the one to give her the best investing advice evar she HODLZ! Brilliant, thanks. I never realised that about your wife...gosh I feel silly now. And I thought it was such a funny parody of the holiday t-shirts too. |
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hyphymikey
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January 06, 2014, 08:05:20 AM |
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As much as guys like loaded think they move the markets, all they can hope for is a temporary price movement. These so-called whales are merely plankton in this ecosystem.
Yeah, the last dump he warned us of did not happen. And I shorted my coins margin trading due to his words, now I own 0 BTC. Lol. Shit ain't funny bro... God, I hope you are joking. I wish I was joking! When you read about people having 200,000 coins, or buying lambos with coins, you get kinda jealous. When you have very little BTC to begin with, you look for ways to get more. When you have no more money to invest, you run out of options to get more BTC. We had just come off the China news when one of the biggest hodlers makes you think we are going down further. I took that "info" and shorted on bitfinex. I didn't short at the very bottom, closer to 750, hoping to just get down to 500 and close out. But its all gone now, so no need to continue this convo. |
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traderCJ
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January 06, 2014, 08:07:35 AM |
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The strange thing is that the last time he said anything like this was "Large movement possible soon. Guess the direction." on Dec 14. Then between Dec 16 and Dec 18 the price fell from about 900 down to 450. That's a pretty decent dump so I'm surprised you didn't make a killing on it Edit: beaten to it Note that he doesn't say anything concrete in his posts. That's so he can weasel out of people calling him on his BS. Much like a palm reader. My hunch is if he wasn't just pulling that Dec 14 advice out of his ass, he had inside info on Chinese regulation. He doesn't move the markets. Governments, businesses and sentiment move markets. But that won't stop him from making people think he does. |
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nanobrain
Legendary
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Activity: 1008
Merit: 1000
Dumb broad
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January 06, 2014, 08:08:50 AM |
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I'll add it to the list...no worries. EDIT: I'm told more than eight colours can be pricey/dicey according to the zazzle site...so, see how we go. |
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