China has turned Bitcoin into World's largest Casino & Fooled you all

[cosmofly]

I am confident we are now at a stage where Chinese have turned bitcoin into the world's largest Casino. Bitcoin is not a safe investment anymore. I previously posted a highly read and hit piece called "The end of bitcoin as an investment" i still stick to that belief.

I will keep it easy for u all, just observe the way Bitcoin has crashed and gone up in the past 2 months. Every time we have a so called "capitulation" , the price shoots up very sharply and chinese start buying like crazy, the rest of the world goes like "omg omg i missed the dip oh noes let me buy yay im smart" then BOOM fucking SELL-OFF resulting in PIG BAG HOLDERS BLEEDING.

I will also explain it to u in once setence: CHINESE AREA NOT ALLOWING BITCOIN TO CORRECT/BOTTOM UP PROPERLY, THEY ARE EXTENDING EVERY DAMN CAPITULATION AND MAKING YOU ALL BANKRUPT.

A proper capitulation in ANY market means PRICE SUPER-CRASH (happened in all previous Bitcoin bubble), then BOTTOM is reached Price goes up quickly A LITTLE BIT not fucking $400 to $650 in one fucking day. And then the price stabilizes sideways for a little while before we go up. This is the normal markets, in a capitulation people are fearful and most new money is EXHAUSTED. if truly yesterday was the bottom we should've been at $480-$500 today, but it's not.

all i can say be careful, Chinese are playing a game and you are all filthy little peasant PIGLETS. The price will crash once more on or before March 16th.

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[El Dude]

u must be new here.

[cosmofly]

u must be new here.

I studied Bitcoin bubbles crashes heavily before and the current market behaviour is NOT natural, 100% Chinese manipulated. They just don't give anyone a chance to buy in low, they force everyone to buy high then sell off to the coins to the next pig.

You can check back this thread on or before March 16 to see i'm right, there will be another proper crash when they are done playing art of war

[CrusaderTim]

Bitcoin has a lot attention besides China, and only because biggest bubble and it's pop has caused by China does not mean it is a casino and it is the end.
All those bubbles and crashes had some serious reasons, it's not speculated for nothing.

[FierceRadish]

And why March 16th?

[flower1024]

bitcoin is manipulated since exchanges exists.
just be smarter...

btw why do you think they are chinese? i have other people in my mind

[Paladin69]

bitcoin is manipulated since exchanges exists.
just be smarter...

btw why do you think they are chinese? i have other people in my mind

I'm thinking the elite have decided to plug their nose and hedge their bets.

[cosmofly]

Bitcoin has a lot attention besides China, and only because biggest bubble and it's pop has caused by China does not mean it is a casino and it is the end.
All those bubbles and crashes had some serious reasons, it's not speculated for nothing.

i don't give a shit about "attention", just do ONE thing, go to chinese exchanges and see the volumes compare it to Bitstamp (peasant exchange), end of story.

[maximum]

Bitcoin has a lot attention besides China, and only because biggest bubble and it's pop has caused by China does not mean it is a casino and it is the end.
All those bubbles and crashes had some serious reasons, it's not speculated for nothing.

i don't give a shit about "attention", just do ONE thing, go to chinese exchanges and see the volumes compare it to Bitstamp (peasant exchange), end of story.

i thought most of the chinese exchanges have such large volumes because of zero fees.

[medUSA]

The chinese may have something to do with it, but it is nothing compared to the Wall Street, the Foundation, and early adopters can do.

[rograz]

Bitcoin is not a safe investment anymore.

If someone actually told you that to begin with I suggest you stop listening to that person. There are no safe investments and particularly not Bitcoin.

[seleme]

Cosmo missed 400 bottom 

[Easy2Mine]

You are really new here and don't understand BTC volatility.
BTC volatility is already decreasing compared to the past.
Just ask yourself how many percentage we lost from all time high?
Lets look at the crash from summer 2011.
An all time high of 30+ dollar dropt to 15 dollar in a few days an then keep dropping to arround 2.5 dollar in a month time.
How much percentage is that?
If this scares you, you should even look further in BTC history.
BTC volatility is even greater than the one from summer 2011.

[seldon]

Bitcoin is not a safe investment anymore.

NO WAY, REALLY? wow, thank you for this helpful post!

[TERA]

If buying bitcoin against the log trendline and 200EMA isn't a safe time to buy then I can't imagine when would be. I'd have to give up bitcoin trading because there would be no strategy to follow.

[meanig]

I am confident we are now at a stage where Chinese have turned bitcoin into the world's largest Casino. Bitcoin is not a safe investment anymore. I previously posted a highly read and hit piece called "The end of bitcoin as an investment" i still stick to that belief.

I will keep it easy for u all, just observe the way Bitcoin has crashed and gone up in the past 2 months. Every time we have a so called "capitulation" , the price shoots up very sharply and chinese start buying like crazy, the rest of the world goes like "omg omg i missed the dip oh noes let me buy yay im smart" then BOOM fucking SELL-OFF resulting in PIG BAG HOLDERS BLEEDING.

I will also explain it to u in once setence: CHINESE AREA NOT ALLOWING BITCOIN TO CORRECT/BOTTOM UP PROPERLY, THEY ARE EXTENDING EVERY DAMN CAPITULATION AND MAKING YOU ALL BANKRUPT.

A proper capitulation in ANY market means PRICE SUPER-CRASH (happened in all previous Bitcoin bubble), then BOTTOM is reached Price goes up quickly A LITTLE BIT not fucking $400 to $650 in one fucking day. And then the price stabilizes sideways for a little while before we go up. This is the normal markets, in a capitulation people are fearful and most new money is EXHAUSTED. if truly yesterday was the bottom we should've been at $480-$500 today, but it's not.

all i can say be careful, Chinese are playing a game and you are all filthy little peasant PIGLETS. The price will crash once more on or before March 16th.

Why don't you ask your real (and not imaginary) Thai girlfriend for her advice.

[FelixOliver]

They just don't give anyone a chance to buy in low, they force everyone to buy high then sell off to the coins to the next pig.

You can check back this thread on or before March 16 to see i'm right, there will be another proper crash when they are done playing art of war

I have bought Low dozens of times... sure have brain? has brain lost?

[abacus]

Bitcoin is not a safe investment anymore.

FTFY.

[Undone]

CHINESE AREA NOT ALLOWING BITCOIN TO CORRECT/BOTTOM UP PROPERLY, THEY ARE EXTENDING EVERY DAMN CAPITULATION AND MAKING YOU ALL BANKRUPT. [/b]

All of us? No, not me.

Just assuming for a bit that you're correct, extending each capitulation isn't a bad thing, either.

Learn how to make some money off the bottoms, cosmofly, or gtfo.

[ReBoRn]

Bitcoin is not a safe investment anymore.

NO WAY, REALLY? wow, thank you for this helpful post!

I am going to give award for best post of the year good luck