BTCMILLIONAIRE
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August 11, 2018, 10:08:40 AM |
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Oooh that’s nice and bearish. Maybe the bottom is close after all.
Was about to say, time to take out another mortgage. I don't think that any of us can deny that it is mainly whales pushing the price up and pushing it down.
This really has nothing to do with typical sentiment of the average user or some sort of good or bad news. Other than the fact that the whales may believe that the market will not fight them in one move or another as they swing things back and forth.
The key being, which way do these whales want the price to go? Well they are certainly not in bitcoin because they read the white paper and were inspired. They have balance sheets that need big profits.
We will see. I really do wish Wall Street would stay out of bitcoin. Bitcoin can grow without it, and will likely be around long after it.
Isn't the average user generally just a follower? As much as I'm sure that there are some, I can't think of an example where the average user/consumer actually drives anything without being coerced to do so in one way or another.
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Elwar
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Viva Ut Vivas
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August 11, 2018, 10:14:47 AM |
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Analysis by some Wall Street analyst that was on "awesome investor list" back in 2014. If this guy is such a great investor, did he see the bitcoin price rise coming in 2014 when he was at the top of his game? Was he advising people with his analysis to buy bitcoin? If not this guy's outlook on the future is shit.
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marcus_of_augustus
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Eadem mutata resurgo
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August 11, 2018, 10:29:05 AM |
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Elwar, can you repeat the story here that you've told here before, about a local bitcoin sale you did long ago, that did not go well?
Is that a real animal? it looks like a juvenile of a species from the Galaxiidae family of freshwater fish ... native to NZ (and a few other s. hemisphere countries). Colloquially know as whitebait and considered a delicacy.
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HairyMaclairy
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Degenerate bull hatter & Bitcoin monotheist
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August 11, 2018, 10:54:46 AM |
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Pop goes the weasel
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BTCMILLIONAIRE
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August 11, 2018, 11:47:09 AM |
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Elwar, can you repeat the story here that you've told here before, about a local bitcoin sale you did long ago, that did not go well?
Is that a real animal? it looks like a juvenile of a species from the Galaxiidae family of freshwater fish ... native to NZ (and a few other s. hemisphere countries). Colloquially know as whitebait and considered a delicacy. Ah, I've had whitebait before in Japan, although those were much much smaller which threw me off. Either that or the scale in the background is not 0.5 cm per square like I'm used to. Or perhaps NZ whitebait is overall larger the ones in Japan, or Japan uses them even younger. Uhh.
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El duderino_
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BTC + Crossfit, living life.
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August 11, 2018, 12:02:52 PM |
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Oooh that’s nice and bearish. Maybe the bottom is close after all.
probably with that kind of articles
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Torque
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August 11, 2018, 01:06:19 PM |
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Go and share this in every shitcoin telegram group you are in. (Than shame yourself, why you are in a shitcoin telegram group?) Funny how the payment is made in Bitcoin and not in other shitcoins. I guess Bitcoin is the thing that is valuable, eh?
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BTCMILLIONAIRE
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August 11, 2018, 01:33:16 PM |
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Go and share this in every shitcoin telegram group you are in. (Than shame yourself, why you are in a shitcoin telegram group?) Funny how the payment is made in Bitcoin and not in other shitcoins. I guess Bitcoin is the thing that is valuable, eh? I still see it as the new USD, while others will be more akin to foreign currency or equity. You generally don't seek payment in stocks, but in USD. Bitcorn won't be different and the parallels are quite interesting. One set of people coming up with money and another group copying them with their own version. It's quite funny how everything in life just repeats itself.
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bitcoinPsycho
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$120000 in 2024 Confirmed
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August 11, 2018, 02:27:12 PM Merited by JayJuanGee (1) |
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this one never gets old go bitcoin go
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hodl_2015
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August 11, 2018, 02:28:00 PM |
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Ah, I've had whitebait before in Japan, although those were much much smaller which threw me off. Either that or the scale in the background is not 0.5 cm per square like I'm used to. Or perhaps NZ whitebait is overall larger the ones in Japan, or Japan uses them even younger. Uhh.
Based on the 5 and 10 intervals, it should be a 1mm grid in the background. Making the eye transparent would not work since it would collect stray light from everywhere, so it opted for the next best thing: make as reflective as possible. edit: No one is selling at stamp. buy just 3400 BTC and the price will be at $20k.
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turtletime
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August 11, 2018, 03:04:53 PM |
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Do you guys still consider ethereum an altcoin?
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bones261
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August 11, 2018, 03:15:49 PM |
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Do you guys still consider ethereum an altcoin?
Yes, it is an alternative to BTC. That makes it an altcoin.
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jojo69
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diamond-handed zealot
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August 11, 2018, 03:22:46 PM |
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Do you guys still consider ethereum an altcoin?
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turtletime
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August 11, 2018, 03:29:46 PM |
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I'm mostly in ethereum so I may be fucked. I guess I don't really consider coins like eth and monero to be alts. I know technically anything that isn't bitcoin is an alt, but when I hear altcoins I automatically think of shitcoins with no future.
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bitcoinPsycho
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$120000 in 2024 Confirmed
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August 11, 2018, 03:34:34 PM |
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I'm mostly in ethereum so I may be fucked. I guess I don't really consider coins like eth and monero to be alts. I know technically anything that isn't bitcoin is an alt, but when I hear altcoins I automatically think of shitcoins with no future. d'oh!
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Torque
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August 11, 2018, 03:40:59 PM |
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Do you guys still consider ethereum an altcoin?
Ethereum is a coin that has no real world purpose, a supposed solution looking for "future use cases and problems" that don't exist. Apparently it's current and only reason to exist is to allow the creation and trading of other ICO shitcoins, which in turn also have no real reason to exist. You can debate with me on that if you want. Let's go down the existential rabbit hole together. You'll find that it's turtles all the way down.
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goldkingcoiner
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Verified Bitcoin Hodler
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August 11, 2018, 04:42:19 PM |
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Do you guys still consider ethereum an altcoin?
Ethereum is a coin that has no real world purpose, a supposed solution looking for "future use cases and problems" that don't exist. Apparently it's current and only reason to exist is to allow the creation and trading of other ICO shitcoins, which in turn also have no real reason to exist. You can debate with me on that if you want. Let's go down the existential rabbit hole together. You'll find that it's turtles all the way down. I somewhat agree, but I still it is still useful, when looked at from an altcoin perspective. Not sure why its diving so hard though. It might have just been the popularity of it being a huge new idea for altcoins but seems like its failing now...
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jojo69
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diamond-handed zealot
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August 11, 2018, 04:57:13 PM |
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