chessnut
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April 04, 2014, 01:12:32 AM |
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Bears frustrated for sure...the louder they are the more impatient they are getting...
![Grin](https://bitcointalk.org/Smileys/default/grin.gif) $$ How did those bears go from long at 1200 to short at 400..... it's really quite amazing.
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fonzie
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April 04, 2014, 01:13:51 AM |
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Bears frustrated for sure...the louder they are the more impatient they are getting...
Price falls from 1143 to 400$ and stays there -> bears are frustrated -> sure thing ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Join the party ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Ffarm4.staticflickr.com%2F3213%2F3030246863_4fcb1a1727.jpg&t=665&c=9mSRewbyQHWQdw)
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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April 04, 2014, 01:16:10 AM |
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I'm describing my operative theory of an ongoing dynamic..... which is NOT merely spouting out some random thoughts or disinformation.. as some others may do.... I cannot prove who the various whales are that are pushing BTC prices downward... and that is part of the advantage of whales being able to do such without disclosure.. if they so desire... . I know that there are very big incentives for whales to push BTC prices downward, prices come from exchanges... and also there has been considerable movement of money and BTC off of exchanges after GOX and after SR2. ... which makes it easier to push down prices with less capital. MY thinking about whale dynamics until I am persuaded otherwise... Do you have a better theory that makes any sense in real world thinking? I realize that I am maybe giving you too much of an opening by both acknowledging your response to me and by going further and asking you a question. Maybe there is an outside chance that you will surprise me with some meaningful response? My therory is that the price got artificially pumped by Gox and co and that even big investors felt for this scam. Just because some big investments have been made by rich people doesn´t mean that they are smart nor that they have any kownledge about the future price of Bitcoin. If all the Bitcoin data(bid depth/trading data...) would have been real i would consider your assumptions as quite possible. I just don´t think that this is happening right now, altough it´s a method that would work wout. Or do you think that Fortress Investment Fond who bought big off exchange at an avg. price of 900$ have acted ultimately clever. There is almost no data available how many Bitcoin have been bought off-exchange and for what price. So what you did is speculation in it´s purest form. It´s not more probable than for example "The FBI want´s to destroy Bitcoin because they are scared" "It was invented by the NWO" or any other conspiracy theory that cannot be proven. Right now a single early adopter could easily drive down the price to near zero(for a while). Bitcoin with all it´s non regulations makes it oneof the most fucked up markets in the world aka manipulation to the max, more likely in the upwards direction. Mine is only pure speculation to the extent that I do NOT have any actual real life example. I described to you incentives that exist to manipulate the BTC market. The incentive could be financial, political or both, and I suggest that the BTC manipulation that i outline would NOT be so difficult as you are suggesting. For example let's say that someone has $100 million that he wants to invest in bitcoin, and BTC price is currently at $600. If he could drive the BTC price down to $450, then he could buy 220,000 BTC rather than 160,000 BTC with the same capital. So he may be willing to spend $10 or 20 million in order to drive down the BTC price. That is a lot of money for me, but it is NOT a lot of money in the world of finance. And someone could do a lot of manipulation with $10 or 20 million to lose.. b/c in the end s/ he is not losing but is making a profit. There are a lot of manipulation scenarios, and I am suggesting that my described scenario is NOT as far fetched as you make it out to be - even though I do NOT have evidence of any particular example of anyone doing such thing as I outline... which could be accomplished for political or financial reasons.
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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April 04, 2014, 01:17:40 AM |
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more deletions.
I think that deletions should be banned...
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el_rlee
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April 04, 2014, 01:19:46 AM |
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more deletions.
I think that deletions should be banned... Is Adam trying to keep the trollbox clean and tidy or what? Ridiculous.
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rjp55
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April 04, 2014, 01:24:04 AM |
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Bears frustrated for sure...the louder they are the more impatient they are getting...
Price falls from 1143 to 400$ and stays there -> bears are frustrated -> sure thing ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Join the party ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Ffarm4.staticflickr.com%2F3213%2F3030246863_4fcb1a1727.jpg&t=665&c=9mSRewbyQHWQdw) I have a feeling this party won't be lasting much longer, smoke the drugs while you can still enjoy them. ..
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chessnut
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April 04, 2014, 01:39:10 AM |
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Reading some articles today.....
seems like for every exchange that shuts down in China, 2 new exchanges open in the west plus a few start ups.
sorry bears but you cant fight this forever.
the positive forces behind bitcoin outweigh every catastrophe bitcoin has ever seen 100:1
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OldGeek
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Blitz:The price affects the perception of the news
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April 04, 2014, 01:44:45 AM |
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...
sorry bears but you cant fight this forever.
...
All bears will turn into bulls when their price is available. Likewise all bulls will become bears when their price is available (unless they burn their private keys).
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chessnut
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April 04, 2014, 01:46:24 AM |
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All bears will turn into bulls when their price is available. Likewise all bulls will become bears when their price is available (unless they burn their private keys).
True to some extent, for those that have a price target. ....but unfortunately, for most bears here, their price target is becoming more delusional by the day.
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OldGeek
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Blitz:The price affects the perception of the news
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April 04, 2014, 01:50:04 AM |
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Ya, I could have said it a little differently: Bears are the ones who will buy at some point. Bulls are waiting for the place to sell.
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windjc
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April 04, 2014, 01:58:38 AM |
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All bears will turn into bulls when their price is available. Likewise all bulls will become bears when their price is available (unless they burn their private keys).
True to some extent, for those that have a price target. ....but unfortunately, for most bears here, their price target is becoming more delusional by the day. My price target is at its lowest 405. Hasn't changed for over a week.
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ChartBuddy
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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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April 04, 2014, 02:00:40 AM |
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TeeBone
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April 04, 2014, 02:01:00 AM |
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All bears will turn into bulls when their price is available. Likewise all bulls will become bears when their price is available (unless they burn their private keys).
True to some extent, for those that have a price target. ....but unfortunately, for most bears here, their price target is becoming more delusional by the day. Not nearly as delusional as the hodlers who say they'll only sell at 50K minimum, hows that for a price target lol
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OldGeek
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Blitz:The price affects the perception of the news
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April 04, 2014, 02:04:39 AM |
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^^ They say that now, but if the price should get back to ATH I'll bet there would be some heavy selling by those same hodlers.
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BitChick
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April 04, 2014, 02:06:43 AM |
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^^ They say that now, but if the price should get back to ATH I'll bet there would be some heavy selling by those same hodlers.
I thought that everyone would sell when we got past the ATH of $266 in November but it did not seem to stop the buyers then.
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PoolMinor
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XXXVII Fnord is toast without bread
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April 04, 2014, 02:07:10 AM |
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China has awoken! today is the day of the BULL!
Day of the bull indeed (snip) ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi60.tinypic.com%2Fergbxj.gif&t=665&c=2BN5o7-jOOb2SA)
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OldGeek
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Blitz:The price affects the perception of the news
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April 04, 2014, 02:08:13 AM |
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My price target is at its lowest 405. Hasn't changed for over a week.
If you believe that past performance has a relation to future prices, you may well get your target this weekend. @BitChick... Good point.
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windjc
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April 04, 2014, 02:08:23 AM |
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Houbi looks to be breaking down out of its upward trendline. ![](https://ip.bitcointalk.org/?u=http%3A%2F%2Fi59.tinypic.com%2Fkx3s7.png&t=665&c=MRhdb9CE2KGKMQ)
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jonoiv
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April 04, 2014, 02:23:48 AM Last edit: April 04, 2014, 02:35:04 AM by jonoiv |
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rally in 7 mins. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) 7 hours ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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aminorex
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Sine secretum non libertas
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April 04, 2014, 02:45:26 AM |
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405 would be nice. I got a few a 408, but not enough.
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