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Author Topic: Speculation board: Land of "Up is Down and Down is Up"  (Read 630 times)
AmazonStuff
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April 22, 2013, 07:13:46 PM
 #1

Whenever Speculation Board screams up, it's almost the rule that BTC price goes down. On the other side, whenever it screams down it's almost certain that BTC goes up, funny Cheesy
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Birdy
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April 22, 2013, 08:21:30 PM
 #2

Yes, you shouldn't be listening to that.
If you believe that Bitcoin will be a success you will just buy, hold or use&rebuy.
Look at daytrading more like at gambling in a game like Poker.
There are some people who will have a big advantage, because they know something.
In poker that's counting cards, knowing statistics. In Bitcoin that's knowing great/bad news before everybody else knows them.
Some others can use psychological tricks - In poker that's reading the face, bluffing, in Bitcoinland that's reading trends, barrier numbers like $100 and posting on forums.

-> Speculation forum posts are like bluffing/not bluffing in poker.
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