A study in anchored bias - Speculation Topic Analysis

[TraderTimm]

Edward50 has caught my attention because of the type of topic he posts. This isn't a singular affair, usually you can discern one of his tabloid-esque missives by certain patterns of words and general slant.

Because words often speak volumes when quoted from the source, here's a sampling of topics posted by Edward50:

"Holy CRAP the manipulator has pulled out!!!!! Freefall seems inevitable" - 08/26/11

"Is bitcoin soon to begin its death drop again? I feel it coming." - 08/25/11

"Looks like the market manipulator is back. But for how long?" - 08/10/11

"Aftermath of Panic" - 08/08/11

Getting deja-vu yet? No? Okay, lets continue, shall we?

"I have been warning you tards long enough. When will you learn?" - 08/05/11

"Battle for the Single Digits" - 08/03/11

"Will the unprofitable mining actually hurt Bitcoin price?" - 07/28/11

"Sell into this CNN media hype!" - 07/19/11

The next ones are humorous, because in the face of stability or rising prices - the topic suddenly switches to consternation and confusion:

"Looks like the 13.5 bid wall is holding up. But for how long?" - 07/16/11

"Why is the bitcoin price being held from dropping below $14?" - 07/14/11

Couldn't find a supportive topic in the whole shebang, and that was after looking at topics started within the last month or so.

However, I did find some posts relating to pursuing mining in early July. So, did someone get burned with a hardware purchase (and soft bitcoin prices) and decided to promote a SELL-only viewpoint from there on in? Who knows.

So Edward50, I suppose we should await your next perma-bear posting. I don't see anything else from you on the subject.

[wobber]

dis-info, panic-spreading, rumor-planting = good money-making techniques since 10,000 BC

[Sannyasi]

5+a½/3(2+a) tells us that he must have bought in july and this is indeed the reason for all these posts.... it explains so much

[im3w1l]

Being permabear is NOT a good market manipulation strategy, unless he has sell options with long maturity (unlikely).

Permabull, yes, maybe, if you want to get out.

But shouldn't the best strategy be to
1. buy
2. OMG BITCOINS IS GODS GIFT
3. sell
4. OMG SKY IS FALLING
5. goto 1

[joulesbeef]

well if your goal is to reduce difficulty.. like my goal is.

OMG bitcoins are going to disappear by the first and it turns out that mining bitcoins kills kittens and puppies, best all arround for you to stop now.

[Bigpiggy01]

OMG bitcoins are going to disappear by the first and it turns out that mining bitcoins kills kittens and puppies, best all arround for you to stop now.

+1

[piramida]

Edward50 has caught my attention because of the type of topic he posts.

Have noticed this too, but I guess you dedicated too much time to this singular troll, there are many just like him here. My thoughts are - for someone to spend so much time on the forums trying to create a negative sentiment is either a paid job or an attempt to become "bitcoin billionaire" without investing any big money. He probably figured out that $300 video card investment gives a very slow return and now instead decided to spend his (most probably cheap to free) time to help other doomsayers get BTC price down and buy more than 10 of them

[oakpacific]

It maybe as simple as he just wants the price to fall to a certain point so that he can get in.

[YoYa]

Being permabear is NOT a good market manipulation strategy, unless he has sell options with long maturity (unlikely).

Permabull, yes, maybe, if you want to get out.

But shouldn't the best strategy be to
1. buy
2. OMG BITCOINS IS GODS GIFT
3. sell
4. OMG SKY IS FALLING
5. goto 1

Hmmm, so if I were to invent a Bot that could post pump and FUD to the forums as it trades.........MY GOD!!! 

You've just struck gold ol'boy!

[Shortline]

There is an ignore button, you know.

[TraderTimm]

There is an ignore button, you know.

Just connecting the dots. If you don't want to read about it, use your own advice