1Referee
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December 21, 2018, 09:45:53 PM |
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it seems like every move bitcoin makes now, people try to blame it on bcash. the market is bigger than bitmain! you guys make it out like the bitcoin market is utterly manipulated, with no organic demand at all.
I like that. It gives people more reason to hate on these con artists, because that's what they are. The more shit is going their way the better it is, because that makes their shitty project less appealing to the general public. Just read the comments when Roger or Jihan post something on Twitter, it's wonderful. It was waiting for them to mess up, and they finally did it in the worst possible way. Now they don't only have frustrated crypto gamblers standing in their way, but also CSW & Co.
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Hamphser
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December 21, 2018, 10:18:50 PM |
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I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain. Check out this article I wrote hereBTC BTC BTCThe link you had given is totally irrelevant on the topic you have posted. Its about NKN project as I read up and introducing some persona but the content isn't really directly connected with this one. Going back on topic, Final pump before going down then if that's the case then theres nothing we can do but the fact I'm a little bit excited to purchase btc even on $1000 mark.
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nutildah
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December 22, 2018, 05:20:33 AM |
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The link you had given is totally irrelevant on the topic you have posted. Its about NKN project as I read up and introducing some persona but the content isn't really directly connected with this one.
Lol, at least you clicked it, I don't think any of the rest of us did. Going back on topic, Final pump before going down then if that's the case then theres nothing we can do but the fact I'm a little bit excited to purchase btc even on $1000 mark.
All I know is the BTC market consistently defies all rational expectations. I firmly believe there's some master class manipulation going on that has been attempting to psych out pretty much the entirety of traders for all of 2018. Basically, the Conventional Wisdom of this crowd has always been wrong this year. Every previously established piece of technical analysis that may have once had any merit can safely be thrown out the window. That's why I'm going against the grain and saying we've already hit a low.
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Reid
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December 22, 2018, 11:25:23 AM |
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So what if they buy BCH? Are they only the huge investor in the world of crypto? Why just one reason could change a big thing like bitcoin.
If that is the case here then I might have been out years ago but it is not. There are so much possibilities for bitcoin to move and it is always not just one reason. Sure there could be manipulation but is your source really that reliable to pinpoint with just one entity?
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bitbunnny
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December 22, 2018, 01:20:37 PM |
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This small price rise that we have seen the other day could hardly be called a pump. In fact price went back again so this was small positive volatility. But I wouldn't have so dark perspective on Bitcoin price. Yes, currently is not standing good and market isn't showing any strong signs for recovery but that still doesn't mean that Bitcoin will disappear from the scene. Just the opposite, I beleive in recovery but things don't happen over night, some patience is needed.
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Desscount
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December 22, 2018, 02:44:41 PM |
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I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain. Check out this article I wrote hereBTC BTC BTCyes, and for me you also seem to want to manipulate the situation, I agree that the growth that occurred over the past few days has a transient nature and tends to be manipulated. but I'm not entirely sure of what you say.
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naidray
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December 22, 2018, 04:12:13 PM |
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I doubt full capitulation could come at these prices, after all the price was over 6 thousand dollars just couple months ago and if anyone wanted to really get out they would have done it at that moment. Right now there are only 2 type of people who sell which are the whales who want the short profits and the panic sellers.
Aside from those two there is no one selling at these prices so we will have to wait for higher prices for capitulation. Which begs the question if those people are not willing to sell at these prices can we call these late sells "full capitulation"? I mean obviously not but maybe that is the last of it for now and until the price starts going back up there would be no more selling and getting out completely which means yes this is the "full capitulation" but just for these levels.
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figmentofmyass
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December 22, 2018, 08:46:02 PM |
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I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain.
it seems like every move bitcoin makes now, people try to blame it on bcash. the market is bigger than bitmain! you guys make it out like the bitcoin market is utterly manipulated, with no organic demand at all. the bearish sentiment is overwhelming too. we're in the middle of a 30%+ bounce but it's obvious most everyone has sold, never bought back, and expects lower. Sounds like the perfect time for a recovery then. The large buyers always buy and start the reversal when everyone is running for the hills and calling crazy new bottoms. it sure does. that's why whale conspiracy theories always entertain me. retail traders can't afford to lose much---they're constantly getting squeezed by the market. they get all emotional and end up selling the bottom when everything looks hopeless. meanwhile, well-funded investors buy the blood and exercise patience. markets = impatient traders giving away their money to patient traders.
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eminemcookie
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December 22, 2018, 10:13:26 PM |
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I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain.
it seems like every move bitcoin makes now, people try to blame it on bcash. the market is bigger than bitmain! you guys make it out like the bitcoin market is utterly manipulated, with no organic demand at all. the bearish sentiment is overwhelming too. we're in the middle of a 30%+ bounce but it's obvious most everyone has sold, never bought back, and expects lower. Sounds like the perfect time for a recovery then. The large buyers always buy and start the reversal when everyone is running for the hills and calling crazy new bottoms. it sure does. that's why whale conspiracy theories always entertain me. retail traders can't afford to lose much---they're constantly getting squeezed by the market. they get all emotional and end up selling the bottom when everything looks hopeless. meanwhile, well-funded investors buy the blood and exercise patience. markets = impatient traders giving away their money to patient traders. I'm not convinced that it's only whales that can do these things. Smaller traders are perfectly capable to do the exact same thing and profit just as much. Buying when there is blood and selling whenever people are on cloud nine. Most people are too ruled by the pressure of others' decisions and their emotions to make the right decisions.
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GIGZI INDEPENDENT WEALTH MANAGEMENT Crowdsale Starts on 23rd November 2018
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tenakha
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December 22, 2018, 11:23:49 PM |
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I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain.
Everyone thinks the price will go down. WHY? Did not it fall from 6.5k to 3k for no reason? The existence of such psychologies causes the price not to increase. Psychology itself begins to create the largest red candle on the graph.
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Bonsaiav
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December 22, 2018, 11:41:59 PM |
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I believe that this is a final pump before we touch $2,000 levels. Bitmain is buying a bunch of BCH in order to successfully file for IPO, due to their existing poor earnings report. Some kind of manipulation is occurring right now, and I believe it will not sustain.
it seems like every move bitcoin makes now, people try to blame it on bcash. the market is bigger than bitmain! you guys make it out like the bitcoin market is utterly manipulated, with no organic demand at all. the bearish sentiment is overwhelming too. we're in the middle of a 30%+ bounce but it's obvious most everyone has sold, never bought back, and expects lower. Sounds like the perfect time for a recovery then. The large buyers always buy and start the reversal when everyone is running for the hills and calling crazy new bottoms. it sure does. that's why whale conspiracy theories always entertain me. retail traders can't afford to lose much---they're constantly getting squeezed by the market. they get all emotional and end up selling the bottom when everything looks hopeless. meanwhile, well-funded investors buy the blood and exercise patience. markets = impatient traders giving away their money to patient traders. I'm not convinced that it's only whales that can do these things. Smaller traders are perfectly capable to do the exact same thing and profit just as much. Buying when there is blood and selling whenever people are on cloud nine. Most people are too ruled by the pressure of others' decisions and their emotions to make the right decisions. We must realize that big whales and small traders are not ignorant people, they certainly have the same potential and desire to achieve maximum profits. However, there's the most monotonous difference between them which's also an important point that we cannot just ignore. IMO, Big whales are usually more professional in addressing various conditions that occur in the market, so no wonder if their actions tend to produce results afterward. Meanwhile, small traders are usually easily shaken by negative media coverage or FUD, so there are not a few of them who in the end many have lost due to panic sales. But I'm very sure that here there are still many small traders who perform smartly, and can manage risk well so that they can avoid/minimize losses.
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Question123
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December 22, 2018, 11:43:49 PM Last edit: December 24, 2018, 02:33:52 AM by Question123 |
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It's not impossible for BTC to move $2000 up or down either way by 2019. Our analysts do not believe it will fall below $2000 or go above $6000 by 2019 however. Full capitulation could have already happened and the current all time high could be in place for another 3-10 years.
It's not good to see $2000. I want to see the price this year become $5000 and more than that for the year 2019 and I hope it will recover again in the middle of 2019 and it will good for us if we buy more bitcoin again to get more profit.
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Xetamin
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December 22, 2018, 11:58:51 PM |
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It's not impossible for BTC to move $2000 up or down either way by 2019. Our analysts do not believe it will fall below $2000 or go above $6000 by 2019 however. Full capitulation could have already happened and the current all time high could be in place for another 3-10 years.
It's not good to see $2000. It is possible for the price drop to around $2500. If it is below $2000, it will be very brief.
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figmentofmyass
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December 23, 2018, 12:36:50 AM |
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I'm not convinced that it's only whales that can do these things. Smaller traders are perfectly capable to do the exact same thing and profit just as much.
oh i totally agree. i'm a retail trader myself and i wouldn't bother if i were losing money. i just think retail traders are inherently easier to squeeze than eg trading firms because institutions can survive long term drawdowns as they pursue other markets with unallocated capital. that's how successful funds survive. regular folks are much more likely to get caught in the typical market psychology which ends with buying the top and selling the bottom.
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eminemcookie
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December 23, 2018, 10:17:57 AM |
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I'm not convinced that it's only whales that can do these things. Smaller traders are perfectly capable to do the exact same thing and profit just as much. Buying when there is blood and selling whenever people are on cloud nine. Most people are too ruled by the pressure of others' decisions and their emotions to make the right decisions.
We must realize that big whales and small traders are not ignorant people, they certainly have the same potential and desire to achieve maximum profits. However, there's the most monotonous difference between them which's also an important point that we cannot just ignore. IMO, Big whales are usually more professional in addressing various conditions that occur in the market, so no wonder if their actions tend to produce results afterward. Meanwhile, small traders are usually easily shaken by negative media coverage or FUD, so there are not a few of them who in the end many have lost due to panic sales. But I'm very sure that here there are still many small traders who perform smartly, and can manage risk well so that they can avoid/minimize losses. oh i totally agree. i'm a retail trader myself and i wouldn't bother if i were losing money. i just think retail traders are inherently easier to squeeze than eg trading firms because institutions can survive long term drawdowns as they pursue other markets with unallocated capital. that's how successful funds survive. regular folks are much more likely to get caught in the typical market psychology which ends with buying the top and selling the bottom.
They're both very fair points, having the financial means to spread yourself across multiple investments and to withstand periods of uncertainty is surely a big advantage. Couple that with experience of navigating tough situations and decision making is generally going to be better. I guess another thing to consider is that people who know what they're doing won't stay as small fish for long, they'll eventually grow their own capital and be thrown in with the whales. Anyone who started before 2015 and knew what they were doing should be very well off by now.
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