ShroomsKit
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June 21, 2014, 12:28:26 PM |
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So the usual bear trolls are going nuts because i mentioned i have a feeling the price is being manipulated. This are EXACTLY the same retards who ALWAYS find some ridiculous reason why, when the price goes up 10 dollars, it's not legit, fake, manipulated etc. Funny...if it wasn't this fucking sad.
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RandomPedestrianN9
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June 21, 2014, 12:31:07 PM |
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So the usual bear trolls are going nuts because i mentioned i have a feeling the price is being manipulated. This are EXACTLY the same retards who ALWAYS find some ridiculous reason why, when the price goes up 10 dollars, it's not legit, fake, manipulated etc. Funny...if it wasn't this fucking sad.
The same goes for TO DA MOON hipsters, welcome to ignore.
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N12
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June 21, 2014, 12:33:01 PM |
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Please stop quoting the shroom troll. ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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fonzie
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June 21, 2014, 12:34:40 PM |
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So the usual bear trolls are going nuts because i mentioned i have a feeling the price is being manipulated. This are EXACTLY the same retards who ALWAYS find some ridiculous reason why, when the price goes up 10 dollars, it's not legit, fake, manipulated etc. Funny...if it wasn't this fucking sad.
That´s really sad but true, ShroomsKit don´t worry i´m on your side with this, you´re not alone! These stupid bears will miss the train once again very soon and we will have the last laugh!
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oda.krell
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June 21, 2014, 12:40:55 PM |
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The real weak hands are those who fantasize about some imminent 10k bubble looking at retarded exp log chart trendlines and then dump when inevitably it becomes blatantly obvious that their inflated expectations were wrong.
Agreed, mostly. I'd say having any kind of "unwavering" assumption about where price will go is a necessary condition to be a weak hand. Not sufficient yet, because some hold such beliefs, but have the (dubious) character strength to sit out deviations from that expectation without panicking. "Dubious" because they might eventually pay for it. I aim to be largely agnostic about the far away price. I gladly acknowledge growth so far was spectacular, but there's no guarantee it'll go on like in the past. If you plan to trade , you should neither resist the observation (and the necessary conclusions) when price goes up, nor when it goes down.
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Miz4r
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June 21, 2014, 12:41:37 PM |
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The real weak hands are those who fantasize about some imminent 10k bubble looking at retarded exp log chart trendlines and then dump when inevitably it becomes blatantly obvious that their inflated expectations were wrong.
So are traders who try to time bubbles to sell top and buy back lower considered average strength hands? And holders strong? Trying to figure out where I fit. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Weak hands are people like MatTheCat, fonzie, and some others who are scared to hold coins for long and when the tree starts shakin' they don't know how fast to dump their coins again. Also people like the ones Blitz referred to who buy some coins to ride the imminent bubble and when they don't see a bubble within 2 weeks they will sell their coins again disappointed. Faalhaas is a perfect example of this. Then we get to the Veronicas who think they are a strong hand at first, but then get really scared when they see the price drop hard and eventually give in and dump their coins at the bottom or close to it. This is also a weak hand, but one pretending to be strong until tested and these people will naturally suffer the most. Then we have the day traders who use TA and stuff to try and buy low sell high. They are also weak hands but a small percentage of them are actually good enough to make money from the market. Most of them will miss the biggest profits during the big Bitcoin bull rides though, but they're at least trying to manage their risks. Then we get to the long term investors who are generally long on Bitcoin, but take profits out during big rallies and they also may buy more when they see dips. These I regard as strong hands with a decent sense of risk management. In terms of time investment and profitability I think this is the most efficient form of trading/investing in Bitcoin and I personally try to stick mostly to this strategy. I admit I do tend to also be a part of the last group, the true superstrong hands who are called the HODLERS of course. Being a HODLER has many advantages like no need to submit yourself to exchange risks and no need to wreck your brain and invest time into deciding when to sell and when to buy back. The disadvantage however is that you may spend a lot of time underwater or lose your entire investment one day if Bitcoin fails. But these people don't care as it's either all or nothing for them, and that's also a perfectly valid strategy if you ask me. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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fonzie
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June 21, 2014, 12:51:52 PM |
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The real weak hands are those who fantasize about some imminent 10k bubble looking at retarded exp log chart trendlines and then dump when inevitably it becomes blatantly obvious that their inflated expectations were wrong.
So are traders who try to time bubbles to sell top and buy back lower considered average strength hands? And holders strong? Trying to figure out where I fit. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Weak hands are people like MatTheCat, fonzie, and some others who are scared to hold coins for long and when the tree starts shakin' they don't know how fast to dump their coins again. Also people like the ones Blitz referred to who buy some coins to ride the imminent bubble and when they don't see a bubble within 2 weeks they will sell their coins again disappointed. Faalhaas is a perfect example of this. Then we get to the Veronicas who think they are a strong hand at first, but then get really scared when they see the price drop hard and eventually give in and dump their coins at the bottom or close to it. This is also a weak hand, but one pretending to be strong until tested and these people will naturally suffer the most. Then we have the day traders who use TA and stuff to try and buy low sell high. They are also weak hands but a small percentage of them are actually good enough to make money from the market. Most of them will miss the biggest profits during the big Bitcoin bull rides though, but they're at least trying to manage their risks. Then we get to the long term investors who are generally long on Bitcoin, but take profits out during big rallies and they also may buy more when they see dips. These I regard as strong hands with a decent sense of risk management. In terms of time investment and profitability I think this is the most efficient form of trading/investing in Bitcoin and I personally try to stick mostly to this strategy. I admit I do tend to also be a part of the last group, the true superstrong hands who are called the HODLERS of course. Being a HODLER has many advantages like no need to submit yourself to exchange risks and no need to wreck your brain and invest time into deciding when to sell and when to buy back. The disadvantage however is that you may spend a lot of time underwater or lose your entire investment one day if Bitcoin fails. But these people don't care as it's either all or nothing for them, and that's also a perfectly valid strategy if you ask me. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I know that I will sell at least half my coins if I hear that the SR coins were sold at $500 per coin or lower, and I won't buy them back above that same $500. Hell be damned if I'm going to let some party dump cheap SR coins on me and fill up their pockets.
Gotcha! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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ChartBuddy
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June 21, 2014, 01:00:54 PM |
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TERA
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June 21, 2014, 01:08:55 PM |
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So the usual bear trolls are going nuts because i mentioned i have a feeling the price is being manipulated. This are EXACTLY the same retards who ALWAYS find some ridiculous reason why, when the price goes up 10 dollars, it's not legit, fake, manipulated etc. Funny...if it wasn't this fucking sad.
No I don't believe I have claimed manipulation on the upside either; please quote something.
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Miz4r
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June 21, 2014, 01:12:17 PM |
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The real weak hands are those who fantasize about some imminent 10k bubble looking at retarded exp log chart trendlines and then dump when inevitably it becomes blatantly obvious that their inflated expectations were wrong.
So are traders who try to time bubbles to sell top and buy back lower considered average strength hands? And holders strong? Trying to figure out where I fit. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Weak hands are people like MatTheCat, fonzie, and some others who are scared to hold coins for long and when the tree starts shakin' they don't know how fast to dump their coins again. Also people like the ones Blitz referred to who buy some coins to ride the imminent bubble and when they don't see a bubble within 2 weeks they will sell their coins again disappointed. Faalhaas is a perfect example of this. Then we get to the Veronicas who think they are a strong hand at first, but then get really scared when they see the price drop hard and eventually give in and dump their coins at the bottom or close to it. This is also a weak hand, but one pretending to be strong until tested and these people will naturally suffer the most. Then we have the day traders who use TA and stuff to try and buy low sell high. They are also weak hands but a small percentage of them are actually good enough to make money from the market. Most of them will miss the biggest profits during the big Bitcoin bull rides though, but they're at least trying to manage their risks. Then we get to the long term investors who are generally long on Bitcoin, but take profits out during big rallies and they also may buy more when they see dips. These I regard as strong hands with a decent sense of risk management. In terms of time investment and profitability I think this is the most efficient form of trading/investing in Bitcoin and I personally try to stick mostly to this strategy. I admit I do tend to also be a part of the last group, the true superstrong hands who are called the HODLERS of course. Being a HODLER has many advantages like no need to submit yourself to exchange risks and no need to wreck your brain and invest time into deciding when to sell and when to buy back. The disadvantage however is that you may spend a lot of time underwater or lose your entire investment one day if Bitcoin fails. But these people don't care as it's either all or nothing for them, and that's also a perfectly valid strategy if you ask me. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) I know that I will sell at least half my coins if I hear that the SR coins were sold at $500 per coin or lower, and I won't buy them back above that same $500. Hell be damned if I'm going to let some party dump cheap SR coins on me and fill up their pockets.
Gotcha! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Well I didn't say I was a pure HODLER did I? When I see a clear opportunity I will not hesitate to take advantage of it. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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N12
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June 21, 2014, 01:12:25 PM |
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So the usual bear trolls are going nuts because i mentioned i have a feeling the price is being manipulated. This are EXACTLY the same retards who ALWAYS find some ridiculous reason why, when the price goes up 10 dollars, it's not legit, fake, manipulated etc. Funny...if it wasn't this fucking sad.
No I don't believe I have claimed manipulation on the upside either; please quote something. He won't find such a quote from either of us, but I guarantee you he will continue to spread his falsehoods. That is why he is the troll.
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empowering
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June 21, 2014, 01:14:52 PM Last edit: June 21, 2014, 02:12:23 PM by empowering |
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ESPN and Bitpay’s ‘Bitcoin Bowl’ brings Bitcoin into 100 Million Households - nice, I am loving the exposure that Bitcoin has been getting past few months. Expedia, Holiday Inn, Ebay on the way, DISH, several positive comments from various other sources banks politicians etc is all coming along nicely ... decent amount of announced VC investment capital already this year.. pretty amazing news coming from the British financial regulators with their cryptocurrency initiative - which states that they would like the UK to become a SUPERHUB for crypto innovation, and ditto for the rather special Isle of Man, and ditto for California... the upcoming exchanges, ETFs, evolving ecosystem, the all but 100% green light tacit agreement from most major countries around the world that BTC is A - ok and legit, the huge amount of publicity and exposure it will get as a result of all the new services and vendors that accept it , that are going to come on line in next year- the very fact that it is STILL here and STILL going strong - yeah I am really happy with the news in the crypto world.
To some I guess all of this /\ means nothing, some even seem to barely acknowledge these facts or their implications, for some reason... well that is fine each to their own opinion.
This is playing out as I already totally expected would happen a long time ago... all of these seeds are just the beginning..... the beginning of the very first dawn of Crypto, really I cannot see that the genie is ever ever going back in the bottle at this point.
Crypto's are here to stay imo, and from this point will only go from strength to strength and at some point will accelerate and reach a critical tipping point.
BTC for now rules the crypto market, and looks like there is nothing coming close to coming near the BTC network at the moment.
What that all means for BTC price - I leave to you to decide - I know where I think it is going and that is all that matters for me.
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DubFX
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June 21, 2014, 01:39:32 PM |
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We've just broken 600$ on huobi and getting soe volume also!
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deadley
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June 21, 2014, 01:51:57 PM |
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We've just broken 600$ on huobi and getting soe volume also!
But Stamp is not acting much, still around 590.
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Torque
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June 21, 2014, 01:54:56 PM |
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We've just broken 600$ on huobi and getting soe volume also!
Yeah, watch how Huobi tries to go up but Stamp refuses to budge. My theories: 1. Huobi volume really is fake, and Stamp knows it. Thus refuses to follow such a small percentage of the market in the up direction. 2. Stamp is deliberately holding down the market, fake sell walls, etc. Probably on purpose until the SR coins are sold. My money is more on #2, because Stamp seems to have no problem following Huobi in the down direction. (Although I'm still not convinced Huobi's volume is 100% accurate)
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ChartBuddy
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June 21, 2014, 02:00:50 PM |
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wachtwoord
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June 21, 2014, 02:01:50 PM |
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We've just broken 600$ on huobi and getting soe volume also!
Yeah, watch how Huobi tries to go up but Stamp refuses to budge. My theories: 1. Huobi volume really is fake, and Stamp knows it. Thus refuses to follow such a small percentage of the market in the up direction. 2. Stamp is deliberately holding down the market, fake sell walls, etc. Probably on purpose until the SR coins are sold. My money is more on #2, because Stamp seems to have no problem following Huobi in the down direction. (Although I'm still not convinced Huobi's volume is 100% accurate)Yes, people that are going to bid in the auction are likely trying to hold prices down. When they remove those restrictions. The loaded spring will be set lose ...
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JorgeStolfi
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June 21, 2014, 02:10:06 PM |
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Yeah, watch how Huobi tries to go up but Stamp refuses to budge.
My theories:
1. Huobi volume really is fake, and Stamp knows it. Thus refuses to follow such a small percentage of the market in the up direction. 2. Stamp is deliberately holding down the market, fake sell walls, etc. Probably on purpose until the SR coins are sold.
Also Bitstamp charges transaction fees, which means that arbitrage will not be profitable until there is a certain minimum difference in the prices, either way. Therefore it tends to stay put for a while, whenever the trend reverses at the other exchanges. Think of dragging a brick by string.
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MatTheCat
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June 21, 2014, 02:11:18 PM |
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We've just broken 600$ on huobi and getting soe volume also!
Yeah, watch how Huobi tries to go up but Stamp refuses to budge. My theories: 1. Huobi volume really is fake, and Stamp knows it. Thus refuses to follow such a small percentage of the market in the up direction. 2. Stamp is deliberately holding down the market, fake sell walls, etc. Probably on purpose until the SR coins are sold. My money is more on #2, because Stamp seems to have no problem following Huobi in the down direction. (Although I'm still not convinced Huobi's volume is 100% accurate)On both Huobi and Bitfinex, there is leveraged trading and probably fake volume. Certainly from having watched Bitfinex and witnessed these large flash trades that come out of knowhere and register something like 247BTC @ <$3< around spot price, but has no impact at all on depth of Ask/Bid walls, I am 99% sure that Bitfinex buff their volume and that means chart indicators using Bitfinex data will be skewed and false. From having traded on Bitfinex, I am also pretty certain that a lot of stop loss farming goes on within that exchange and having once witnessed my one of my short stop loss buy orders represent the very top of the market which then plunged around $50 (I was fucking furious), I am pretty sure that the stop loss farmers are 'friends of the exchange' itself. In otherwords, Huobi and Bitfinex are hookey exchanges that just aren't to be trusted, as is BTC-e. Bitstamp for all it's annoyances and faults, is the only large Bitcoin exchange I would deem as being honest. So without any of the fake volume, the fake wall depth which instils a false sense of confidence in traders, or any of the insider stop/limit order farming, Bitstamp is the exchange which is the most liquid, honest, and the truest representative of where Bitcoin is going. Huobi and Bitfinex are trying to break up the way against the grain of all the near term indicators because: a) they are manipulated b) stop loss farmers are going after risk intolerant stop loss orders Bitstamp isn't following because the big players on there know that right now, the market needs to clean itself out a bit before further progress up the charts can be made. Not least of all, due to the maxed out over extended leverage on the large corrupt, crooked, and hookey exchanges. What whale is going to make large Bitcoin purchases only to have all these maxed out over extended longs cash out at the whales' expense? If you look at the Bitstamp charts, clear and logical chart formations are made. Bitfinex on the the otherhand is erratic and all over the fucking shop, frequently registering these strange low volume spikes and dips that just don't make any sense.
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samsonn25
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June 21, 2014, 02:15:47 PM |
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We've just broken 600$ on huobi and getting soe volume also!
Yeah, watch how Huobi tries to go up but Stamp refuses to budge. My theories: 1. Huobi volume really is fake, and Stamp knows it. Thus refuses to follow such a small percentage of the market in the up direction. 2. Stamp is deliberately holding down the market, fake sell walls, etc. Probably on purpose until the SR coins are sold. My money is more on #2, because Stamp seems to have no problem following Huobi in the down direction. (Although I'm still not convinced Huobi's volume is 100% accurate)On both Huobi and Bitfinex, there is leveraged trading and probably fake volume. Certainly from having watched Bitfinex and witnessed these large flash trades that come out of knowhere and register something like 247BTC @ <$3< around spot price, but has no impact at all on depth of Ask/Bid walls, I am 99% sure that Bitfinex buff their volume and that means chart indicators using Bitfinex data will be skewed and false. From having traded on Bitfinex, I am also pretty certain that a lot of stop loss farming goes on within that exchange and having once witnessed my one of my short stop loss buy orders represent the very top of the market which then plunged around $50 (I was fucking furious), I am pretty sure that the stop loss farmers are 'friends of the exchange' itself. In otherwords, Huobi and Bitfinex are hookey exchanges that just aren't to be trusted, as is BTC-e. Bitstamp for all it's annoyances and faults, is the only large Bitcoin exchange I would deem as being honest. So without any of the fake volume, the fake wall depth which instils a false sense of confidence in traders, or any of the insider stop/limit order farming, Bitstamp is the exchange which is the most liquid, honest, and the truest representative of where Bitcoin is going. Huobi and Bitfinex are trying to break up the way against the grain of all the near term indicators because: a) they are manipulated b) stop loss farmers are going after risk intolerant stop loss orders Bitstamp isn't following because the big players on there know that right now, the market needs to clean itself out a bit before further progress up the charts can be made. Not least of all, due to the maxed out over extended leverage on the large corrupt, crooked, and hookey exchanges. What whale is going to make large Bitcoin purchases only to have all these maxed out over extended longs cash out at the whales' expense? If you look at the Bitstamp charts, clear and logical chart formations are made. Bitfinex on the the otherhand is erratic and all over the fucking shop, frequently registering these strange low volume spikes and dips. Yes. And stop loss orders are not guaranteed, it depends on depth of buyers, and of course since they have level 3 inside access they know where the price points are at.
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