Bitcoin Forum
December 03, 2016, 10:07:32 PM *
News: To be able to use the next phase of the beta forum software, please ensure that your email address is correct/functional.
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 »  All
  Print  
Author Topic: The Lame Train to Nowheresville  (Read 3366 times)
GeniuSxBoY
Hero Member
*****
Offline Offline

Activity: 546



View Profile
August 24, 2011, 05:07:52 PM
 #1

It's pretty clear that nobody is buying bitcoins anymore.  Anyone that's going to buy up a lot of coins right now to prove me wrong is just throwing away money.  Undecided  The only reason the price is staying in place is because of a select few rich individuals that can absorb enough coins to counteract any attack.  Nobody is selling because they see how much money is 'readily available' but that money would be used by now if it were intended to be used.

It's like playing a nice game of basketball, when all of a sudden Lebron James enters the game. At first you're like HELL YAH.... then you quickly realize that the only one scoring is Lebron James.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480802852
Hero Member
*
Offline Offline

Posts: 1480802852

View Profile Personal Message (Offline)

Ignore
1480802852
Reply with quote  #2

1480802852
Report to moderator
1480802852
Hero Member
*
Offline Offline

Posts: 1480802852

View Profile Personal Message (Offline)

Ignore
1480802852
Reply with quote  #2

1480802852
Report to moderator
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
August 24, 2011, 05:37:59 PM
 #2

You praised Lebron James, that immediately makes your whole post worthless Grin

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
coined
Full Member
***
Offline Offline

Activity: 176


View Profile
August 24, 2011, 05:39:20 PM
 #3

I think you have overreacted to every market up and down movement since you got here, now your overreacting to the market staying still, you would be one of those wall street guys that jumps out the window  Grin

chill out man  Tongue
GeniuSxBoY
Hero Member
*****
Offline Offline

Activity: 546



View Profile
August 24, 2011, 05:48:01 PM
 #4

Seems like a dictatorship. "This is what the price will be"

instead of

"this is the value of the collective minds of a community"
Edward50
Hero Member
*****
Offline Offline

Activity: 546



View Profile
August 24, 2011, 06:29:10 PM
 #5

It is good that people are finally seeing the obvious market manipulation that I have been speaking about for so long now. It is obvious as ever when all of a sudden the bid side of mt gox. was increased by like 100%. Like I stated before, when we dropped to $5 dollars the bid side of mt gox. dropped by a large amount also.

The only reason anyone would try and prop the market up is because they hold a shit load of bitcoins and think they can increase value by trying to set a floor on the price.

I do not see how it can work long term as miners keep selling. Already it seems the price is falling to these floors. The only reason this person is holding in so long is that there is nobody selling huge amounts of bitcoins into these bid walls.

When this last manipulator pulled out of the market, the price of bitcoins fell to $5 dollars. What made him pull out was some individual was selling huge amounts of bitcoins into his bid walls. So this person had to buy thousands of bitcoins, and his walls were being sold into by someone. Seems like this peson who sold into these bid walls is not doing it now, so this person is back trying to set a new floor on bitcoins.

With a fake floor in place, miners should be selling their bitcoins into this because I can not see it holding for the long run.




Empty your mind, be formless, shapeless — like water. Now you put water in a cup, it becomes the cup; You put water into a bottle it becomes the bottle; You put it in a teapot it becomes the teapot. Now water can flow or it can crash. Be water, my friend.
tvbcof
Legendary
*
Offline Offline

Activity: 1974


View Profile
August 24, 2011, 06:55:46 PM
 #6

It's pretty clear that nobody is buying bitcoins anymore.

I'm buying again.  Got various bids in at different levels.  Just waiting for another shakeout like a few weeks ago to see if they get hit again.  I missed my big purchase by about 40 cents last time.  Oh well...maybe better luck next time.

S3052
Legendary
*
Offline Offline

Activity: 1946


BTC Up or Down? go to www.bullbearanalytics.com


View Profile WWW
August 24, 2011, 06:58:13 PM
 #7

It's pretty clear that nobody is buying bitcoins anymore.  Anyone that's going to buy up a lot of coins right now to prove me wrong is just throwing away money.  Undecided  The only reason the price is staying in place is because of a select few rich individuals that can absorb enough coins to counteract any attack.  Nobody is selling because they see how much money is 'readily available' but that money would be used by now if it were intended to be used.

Rather than complaining you could better try to attract new people into bitcoin, etc.

>15years analysis experience

Always do your own due diligence & consult your financial advisor. Never invest unless you can afford to lose your entire investment.

http://twitter.com/BitcoinAnalyst

Subscribe here
coined
Full Member
***
Offline Offline

Activity: 176


View Profile
August 24, 2011, 07:46:35 PM
 #8

It's pretty clear that nobody is buying bitcoins anymore.  Anyone that's going to buy up a lot of coins right now to prove me wrong is just throwing away money.  Undecided  The only reason the price is staying in place is because of a select few rich individuals that can absorb enough coins to counteract any attack.  Nobody is selling because they see how much money is 'readily available' but that money would be used by now if it were intended to be used.

Rather than complaining you could better try to attract new people into bitcoin, etc.

S3052 I saw your post in the press hits thread about http://www.bitcoindeals.com  

that may one of the biggest things developed for bitcoin yet as far as getting mainstream attention it's the ultimate answer to the question "but what can you buy with them?" I don't understand why it's not being seen as the big deal that it is, if it's 50% of what it claims it's almost up there with silk road for headline worthiness. does it have it's own thread?
fcmatt
Legendary
*
Offline Offline

Activity: 1106


View Profile
August 24, 2011, 08:00:43 PM
 #9

It's pretty clear that nobody is buying bitcoins anymore.  Anyone that's going to buy up a lot of coins right now to prove me wrong is just throwing away money.  Undecided  The only reason the price is staying in place is because of a select few rich individuals that can absorb enough coins to counteract any attack.  Nobody is selling because they see how much money is 'readily available' but that money would be used by now if it were intended to be used.

Rather than complaining you could better try to attract new people into bitcoin, etc.

S3052 I saw your post in the press hits forum about http://www.bitcoindeals.com 

that may one of the biggest things developed for bitcoin yet as far as getting mainstream attention it's the ultimate answer to the question "but what can you buy with them?" I don't understand why it's not being seen as the big deal that it is, if it's 50% of what it claims almost up there with silk road for headline worthiness. does it have it's own thread?


one word: Doba
S3052
Legendary
*
Offline Offline

Activity: 1946


BTC Up or Down? go to www.bullbearanalytics.com


View Profile WWW
August 24, 2011, 08:02:59 PM
 #10

It's pretty clear that nobody is buying bitcoins anymore.  Anyone that's going to buy up a lot of coins right now to prove me wrong is just throwing away money.  Undecided  The only reason the price is staying in place is because of a select few rich individuals that can absorb enough coins to counteract any attack.  Nobody is selling because they see how much money is 'readily available' but that money would be used by now if it were intended to be used.

Rather than complaining you could better try to attract new people into bitcoin, etc.

S3052 I saw your post in the press hits thread about http://www.bitcoindeals.com  

that may one of the biggest things developed for bitcoin yet as far as getting mainstream attention it's the ultimate answer to the question "but what can you buy with them?" I don't understand why it's not being seen as the big deal that it is, if it's 50% of what it claims almost up there with silk road for headline worthiness. does it have it's own thread?

It does not have its own thread, but based on what I have seen with my own eyes, it should be. I think I have seen alone 20,000 items in the electronics and computer category. I just opened a thread: https://bitcointalk.org/index.php?topic=39085.0

>15years analysis experience

Always do your own due diligence & consult your financial advisor. Never invest unless you can afford to lose your entire investment.

http://twitter.com/BitcoinAnalyst

Subscribe here
Serge
Legendary
*
Offline Offline

Activity: 1050


View Profile
August 24, 2011, 10:52:57 PM
 #11

It is good that people are finally seeing the obvious market manipulation that I have been speaking about for so long now. It is obvious as ever when all of a sudden the bid side of mt gox. was increased by like 100%. Like I stated before, when we dropped to $5 dollars the bid side of mt gox. dropped by a large amount also.

The only reason anyone would try and prop the market up is because they hold a shit load of bitcoins and think they can increase value by trying to set a floor on the price.

I do not see how it can work long term as miners keep selling. Already it seems the price is falling to these floors. The only reason this person is holding in so long is that there is nobody selling huge amounts of bitcoins into these bid walls.

When this last manipulator pulled out of the market, the price of bitcoins fell to $5 dollars. What made him pull out was some individual was selling huge amounts of bitcoins into his bid walls. So this person had to buy thousands of bitcoins, and his walls were being sold into by someone. Seems like this peson who sold into these bid walls is not doing it now, so this person is back trying to set a new floor on bitcoins.

With a fake floor in place, miners should be selling their bitcoins into this because I can not see it holding for the long run.





every participant on any market is a manipulator trying to score best deal for him/her self. what's new?  
dustintrammell
VIP
Full Member
*
Offline Offline

Activity: 153



View Profile
August 24, 2011, 11:41:51 PM
 #12

I do not see how it can work long term as miners keep selling. Already it seems the price is falling to these floors. The only reason this person is holding in so long is that there is nobody selling huge amounts of bitcoins into these bid walls.

This may be true, but at some point prices dropping due to this effect reach an equilibrium where it is no longer profitable for miners to mine and immediately liquidate.  Guess what happens then?  They stop selling.

When this last manipulator pulled out of the market, the price of bitcoins fell to $5 dollars. What made him pull out was some individual was selling huge amounts of bitcoins into his bid walls. So this person had to buy thousands of bitcoins, and his walls were being sold into by someone. Seems like this peson who sold into these bid walls is not doing it now, so this person is back trying to set a new floor on bitcoins.

Speculate much? (:

With a fake floor in place, miners should be selling their bitcoins into this because I can not see it holding for the long run.

Define a "fake" floor.  Traders have put in bids at given prices.  If someone were to go sell through these floors, the orders will execute.  Seems like pretty real trading to me...
ruski
Full Member
***
Offline Offline

Activity: 182

I'm a hero now?


View Profile
August 25, 2011, 12:25:35 AM
 #13

Dont curse liquidity. Sounds to me like you're jealous and/or want cheaper coins. This "one big investor" may well be a fund. Remember those dark pools? Their money has to move too. Find something useful to do with your time OP.

Mobo: Asus P8P67, Intel i5
OS: Win 7 64 bit
PSU: APower 1200W (don't even say it)
Case: Case? What case?
GPU: is for sale
evoorhees
Legendary
*
Offline Offline

Activity: 994


Democracy is the original 51% attack


View Profile
August 25, 2011, 01:24:37 AM
 #14

I think you have overreacted to every market up and down movement since you got here, now your overreacting to the market staying still, you would be one of those wall street guys that jumps out the window  Grin

chill out man  Tongue


This is SOOOO true. Freak out when up. Freak out when down. Freak out when still.
FlipPro
Legendary
*
Offline Offline

Activity: 1372



View Profile WWW
August 25, 2011, 02:09:03 AM
 #15

Genius no offense but you do need a chill pill  Cheesy. We had a market low of around $7 with news that would have killed ANY OTHER CURRENCY. But guess what, we are STILL HERE.

Go check this out, it's not done yet but it's coming soon Smiley

http://bitcoincloset.com

Been working on this for past couple of weeks as a side project. Finally almost done Smiley!

Tweet For Coins http://uptweet.com
geek-trader
Sr. Member
****
Offline Offline

Activity: 294


View Profile
August 25, 2011, 03:40:49 AM
 #16

Why does anyone pay attention to anything GeniuSxBoY says?

Make 1 deposit and earn BTC for life! http://bitcoinpyramid.com/r/345
Play my FREE HTML5 games at: http://magigames.org  BTC donations accepted.
GeniuSxBoY
Hero Member
*****
Offline Offline

Activity: 546



View Profile
August 25, 2011, 04:09:43 AM
 #17

Why does anyone pay attention to anything a meteorologist says?
FlipPro
Legendary
*
Offline Offline

Activity: 1372



View Profile WWW
August 25, 2011, 04:11:06 AM
 #18

What do you think about my site so far ? Smiley

Tweet For Coins http://uptweet.com
joulesbeef
Sr. Member
****
Offline Offline

Activity: 476


moOo


View Profile
August 25, 2011, 04:19:54 AM
 #19

stability is a good thing when you want bitcoin to expand as a currency.

volatility is great for speculation and gambling

the question is what do you want it to do?

were you happier at $6?

I'm guessing you were happier when it was fluctuating like crazy.

and You know the planet is still feeling some economic pain? Not exactly the time to try something new and unproven as  a safehaven.

Sure I'd love to see it at $50, actually I'd like to see it drop to $1 tomorrow and then rally to $50 on monday But hey I'm happy with stability as well.

mooo for rent
GeniuSxBoY
Hero Member
*****
Offline Offline

Activity: 546



View Profile
August 25, 2011, 05:28:45 AM
 #20

Quote
stability is a good thing when you want bitcoin to expand as a currency.

Stability in an environment deemed as "growing" is terrible. Ask any midget.
Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!