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Author Topic: Dont let them fool you. We will see a NEW BOTTOM. Maybe BTC at 3400$ again?  (Read 1307 times)
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January 13, 2020, 12:42:35 PM
 #41

What I claim is that any whale of them will pump or dump the price. There is no safety for the retail investor..
By the wya, I wonder where do you get these numbers.. The 0,53% of addresses are 153180 addresses that control 86,17% of BTC's supply.. said that, another 14 millions addresses own the remaining 13,83%. Seems well distributed?
And for a pump, they don't need to collude at all, just one address with few thousands will do the trick.

And this is exactly the same for any market in the entire world. There are a few at the top and a bunch of nobodies below them. It's how everywhere and everything works. Framing it as some type of revelation has failed to shake my world.

Those at the top are more keen to screw each other than the nothings. The nothings come along for the ride.

We seem to get posts like this fairly often where the author believes they've uncovered a truth no one else has ever conceived of. Then they usually pursue it as far as they can take it and go down in flames. I prefer to sit back and let be what will be.
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ChiNgadOr (OP)
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January 13, 2020, 12:48:44 PM
 #42

What I claim is that any whale of them will pump or dump the price. There is no safety for the retail investor..
By the wya, I wonder where do you get these numbers.. The 0,53% of addresses are 153180 addresses that control 86,17% of BTC's supply.. said that, another 14 millions addresses own the remaining 13,83%. Seems well distributed?
And for a pump, they don't need to collude at all, just one address with few thousands will do the trick.

And this is exactly the same for any market in the entire world. There are a few at the top and a bunch of nobodies below them. It's how everywhere and everything works. Framing it as some type of revelation has failed to shake my world.

Those at the top are more keen to screw each other than the nothings. The nothings come along for the ride.

It is not about who is at the top, it is about their ability to move the market at their will.
So you seem any similarity in a market like FOrex where 5 Trillions are traded on a daily basis, with BTC, which has been pumped/dumped many times around a 10%, with just 500 millions traded.

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January 13, 2020, 01:18:01 PM
 #43

What would you expect regarding an asset where a 4,5% is in hands of retail investors? I will enlight you.. manipulation, pump and dump..
What is the future of an asset that is losing interest? Where is the massive adoption? the institutional money? What will happen when crypto fiat appears? The more people know about crypto, the more scared they are.. scams, pump and dumps, manipulation..


If you want to communicate with people in the forum, first learn how to use quote and edit posts, otherwise, it looks pretty ugly and messy, very hard to follow.

The fact that you started using red is also an indicator that you are angry which comes from the fact that your venture is not exactly going the way you planned. All your assumptions come from research by various so-called experts, you think the future of BTC can only be predicted by number of addresses and number of transactions?

I don't know what you expected BTC to achieve in 10 years? That bankers and fiat will surrender and say that BTC is the perfect currency or store of value? It is a process that is clearly beyond what you can imagine, but you're just focused on institutional money, massive adoption that is failing in your opinion or some crypto-fiat - centralized stable coins that will replace BTC?

When you talk about crypto you mean all altcoins (shitcoins) which are only for the pump-dump scheme, but why you put BTC in the same basket with them? BTC is not a perfect coin, but it is have something others do not have, no matter what you think before or what you think now. 5 years ago I was reading the same posts you write now, and I will read them in 2025.

In what you believe at this point? In that shitcoin you promote in your sig&avatar? "1100% ROI since May 2019", sounds great, it's no wonder you've become pessimistic about BTC.

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ChiNgadOr (OP)
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January 13, 2020, 02:33:12 PM
 #44

What would you expect regarding an asset where a 4,5% is in hands of retail investors? I will enlight you.. manipulation, pump and dump..
What is the future of an asset that is losing interest? Where is the massive adoption? the institutional money? What will happen when crypto fiat appears? The more people know about crypto, the more scared they are.. scams, pump and dumps, manipulation..


If you want to communicate with people in the forum, first learn how to use quote and edit posts, otherwise, it looks pretty ugly and messy, very hard to follow.

The fact that you started using red is also an indicator that you are angry which comes from the fact that your venture is not exactly going the way you planned. All your assumptions come from research by various so-called experts, you think the future of BTC can only be predicted by number of addresses and number of transactions?

I don't know what you expected BTC to achieve in 10 years? That bankers and fiat will surrender and say that BTC is the perfect currency or store of value? It is a process that is clearly beyond what you can imagine, but you're just focused on institutional money, massive adoption that is failing in your opinion or some crypto-fiat - centralized stable coins that will replace BTC?

When you talk about crypto you mean all altcoins (shitcoins) which are only for the pump-dump scheme, but why you put BTC in the same basket with them? BTC is not a perfect coin, but it is have something others do not have, no matter what you think before or what you think now. 5 years ago I was reading the same posts you write now, and I will read them in 2025.

In what you believe at this point? In that shitcoin you promote in your sig&avatar? "1100% ROI since May 2019", sounds great, it's no wonder you've become pessimistic about BTC.


well, sorry for that in red, I was definitely not angry. I am just stating my point of view so people is aware of what could come, instead of keeping with BTC's opium of everlasting increasing profits.

I don't rely on any expert at all, with my academic knowledge and more than 2 decades trading I think I can trust my own experience.

There are many cryptos, 99% of them are pure bullshit and a purge is mandatory. I think BTC is a pioneer, but being the king won't last forever.. Don't believe me? You can ask the respective CEOs of Microsoft Messenger, Blockbuster, Kodak, Myspace, Blackberry, Nokia.. and many more. BTC has a huge problems of scalability, low speed, high cost, an INSANE environmental cost (exponential increased minning difficulty), and a disgusting manipulation due to monopolization of whales (mininn groups, exchanges.. ). I am absolutely the opinion that it will be replaced by other cryptos in the long term.

I claimed that people promoting Yobit in signature, were really not aware of what they were doing (working for cmc i received TONS of complaints against the exchange). But before you call shitcoin the coin in my avatar, you should at least inform yourself. But don't worry, I am not going to dip to your level and appear as disrespectful and reckless as you , claiming that the bitcoin mixer's purpose you promote in your avatar is focused on human trafficking, drugs, terrorism or whatever.. why? because before I prefer to be informed before I make an statement.. Just for your info, that seem are just blinded by BTC's maximalism opium, there is mcuh more outside, not just BTC. HEard about renaissance technologies before? https://qz.com/1741907/renaissance-technologies-jim-simons-and-the-birth-of-quant-trading/
Anyone that invested 100$ in 1988, obtained $401M in 2018. Take a calculator, do your maths (that is an average 66% yearly ROI).. and that was with traditional markets (commodities, forex, stocks, bonds..). The company I am working for is doing something similar, but rigth now working with cryptoassets.. yes, this company you just call shit achieved a 1376% ROI since its inception in 4th may 2019, at the time of writing this post. For your info, this is algorithm trading is nothing more than optimizing functions to maximize profits, and could be applied not just in crypto, but also in any other markets.. so we don't need just crypto to survive, and this is why we got interest from other trading companies, venture capitals and funds.





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January 14, 2020, 03:54:58 AM
 #45

Bitcoin could go high, it could go high unlike anyone imagine it could, however, lets assume the biggest we can go is 50k and we can't go anything higher, we try and try and try and we fail to go any higher, that doesn't mean people will give up and price will go down and eventually bitcoin will be a thing of the past, if bitcoins max price that it could go is 50k, then we will keep on pressuring $50k and stay around those prices, that's it.

Sure, there will be ups and downs constantly in bitcoin world and sure we will see price dropping down but that doesn't mean that we will end up with a low price because people will give up, it has been over 10 years now and we haven't given up yet so I doubt we will give up after all these years of volatility, hell even the people that bought in 2017 peak haven't all given up just yet, no one else ever will.
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January 14, 2020, 06:36:01 AM
 #46

Thank you for that very detailed information with some good presentation.

yes, I truly believe that the market could be manipulated due to the facts you shared, however, I also think it's still possible to see a bull run because if they can manipulate to cause a bull run last time, it could also happen this time around, but we need to ensure that we get out at the right time because we don't wanna become a "BAGHOLDER" again.
+1
really i enjoyed reading all the data he provided above , some is makes sense and some others doubtful.

well that is normal to disagree on certain points,
especially when you talking about how the manipulation is clearly happening with altcoin holders has loss over 90% in value since the last bubble two years ago.

here in crypto everything seems like unpredictable due the fact nobody has an ability to interrupting the market like what you have mentioned about with 500 million usd you can dump and pump the market for around 10% or so , guess when you did that the market could responded unexpectedly like when the price of bitcoin move up from $700 to $20000 , those people who waiting for the new bottom has left out lol , will you?
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January 14, 2020, 07:00:58 AM
 #47

Let's make sure we don't fall in trap again so we need to have a fixed target in mind for buying as well as cashing out, don't just get carried away by FOMO as 2017 and 2018 should be a learning curve for us. I don't think bitcoin will hit a new bottom value but again it might go back to $6k. Better to say active and not to invest right now as it might  prove fatal but we could invest if we see a further dump before halving.

I agree with you we should not be tempted by the current increase in bitcoin. because there is a possibility that bitcoin will be a big dump before it is reduced by half. but in my opinion it won't fall until the price of $ 3,400 is too low. in my opinion the lowest point of bitcoin when it falls is $ 5k. so we must still have a target to sell and buy. and don't expect too much for bitcoin increase.

 
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January 14, 2020, 09:02:36 AM
 #48

Bitcoin could go high, it could go high unlike anyone imagine it could, however, lets assume the biggest we can go is 50k and we can't go anything higher, we try and try and try and we fail to go any higher, that doesn't mean people will give up and price will go down and eventually bitcoin will be a thing of the past, if bitcoins max price that it could go is 50k, then we will keep on pressuring $50k and stay around those prices, that's it.

Sure, there will be ups and downs constantly in bitcoin world and sure we will see price dropping down but that doesn't mean that we will end up with a low price because people will give up, it has been over 10 years now and we haven't given up yet so I doubt we will give up after all these years of volatility, hell even the people that bought in 2017 peak haven't all given up just yet, no one else ever will.

Well it is nice to see more people open minded joining the discussion.. at the end, this is the purpose of the thread, sharing opinions backed with facts and in a respectfull manner.
Regarding the altcoins... holy shit... most of them were a moneygrab or pure scams. There were teams that wanted to but weren't able (no skills, no experience..) and others that simply took some money, cashed out and left. Others didn't have a proper CFO that provided a decent planning to hedge themselves against extreme volatility (ETH raised at 1500$, was suddenly worth few hundreds..) or just  had available insane discounts to large investors (1000% bonus for $100K invested), so the dump after hitting exchange was really hard.

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January 14, 2020, 11:27:40 AM
 #49

well, sorry for that in red, I was definitely not angry. I am just stating my point of view so people is aware of what could come, instead of keeping with BTC's opium of everlasting increasing profits.

Your concerns about the well-being of others are incredible, maybe you could devote yourself to charity work or something? At the same time as you are promoting some wonderful tokens and algorithms that deliver impressive ROI, you claim that BTC is nearing its end, not because you have some kind of technical information, but because you have such a feeling, is not it at least somewhat frivolous and perhaps dangerous, because you direct people to possible wrong direction? What if the price of BTC in 5 months is as it is today, what if it doubles?

BTC has a huge problems of scalability, low speed, high cost, an INSANE environmental cost (exponential increased minning difficulty), and a disgusting manipulation due to monopolization of whales (mininn groups, exchanges.. ). I am absolutely the opinion that it will be replaced by other cryptos in the long term.

Problems that are constantly being worked on, so just look at the difference between BTC in the beginning of 2009 and today. We have SegWit, Lightning Network, so many good wallets (desktop, hardware, mobile), thousands of sellers accepting BTC as a payment method, countries like Germany and Japan where BTC is fully regulated. Low speed and high cost of the transactions? You gotta be kidding, compared to what, banks? When you last time send a transaction in BTC, back in 2017 maybe?

Regarding "INSANE environmental cost", with your academic knowledge, you should know how to get some relevant information about that problem, because BTC mining it has so little environmental impact that it is not worth mentioning. Please read this thread and tell me how 0.2% of the total electricity consumed by BTC mining is INSANE? And at the same time, more than 50% of that energy comes from renewable sources.

I claimed that people promoting Yobit in signature, were really not aware of what they were doing (working for cmc i received TONS of complaints against the exchange). But before you call shitcoin the coin in my avatar, you should at least inform yourself. But don't worry, I am not going to dip to your level and appear as disrespectful and reckless as you , claiming that the bitcoin mixer's purpose you promote in your avatar is focused on human trafficking, drugs, terrorism or whatever.. why? because before I prefer to be informed before I make an statement.. Just for your info, that seem are just blinded by BTC's maximalism opium...

YoBit is for sure very shady exchange, but what you or I have with fact that forum rules allow such advertising?SCAM is not moderated on this forum, it is up to users to decide what is good or bad. Regarding what you promote, I get more info then you think - I am just wondering how long that company will last and how much money investors will lose at the end.

Before calling me "disrespectful and reckless" and "supporter of human trafficking, drugs, terrorism" start from the first line you write in this thread, and how you try to promote your business (even with ref link) which just tells you what your initial intentions were when you open this thread. You can also call me poisoned by "BTC's maximalism opium", but on which opium you are?

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January 14, 2020, 12:36:17 PM
 #50

Let's make sure we don't fall in trap again so we need to have a fixed target in mind for buying as well as cashing out, don't just get carried away by FOMO as 2017 and 2018 should be a learning curve for us. I don't think bitcoin will hit a new bottom value but again it might go back to $6k. Better to say active and not to invest right now as it might  prove fatal but we could invest if we see a further dump before halving.

I agree with you we should not be tempted by the current increase in bitcoin. because there is a possibility that bitcoin will be a big dump before it is reduced by half. but in my opinion it won't fall until the price of $ 3,400 is too low. in my opinion the lowest point of bitcoin when it falls is $ 5k. so we must still have a target to sell and buy. and don't expect too much for bitcoin increase.
Yeah, I also do think that Bitcoin won't fall into that amount and it is really low. I expect that there will only have a slight dip probably around $6-5 but I don't think it will drop at the bottom. Actually, we could purchase now and wait til halving because everyone is speculating that Bitcoin will skyrocket after it reduced by half.

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January 14, 2020, 01:24:50 PM
 #51

Let's make sure we don't fall in trap again so we need to have a fixed target in mind for buying as well as cashing out, don't just get carried away by FOMO as 2017 and 2018 should be a learning curve for us. I don't think bitcoin will hit a new bottom value but again it might go back to $6k. Better to say active and not to invest right now as it might  prove fatal but we could invest if we see a further dump before halving.

I agree with you we should not be tempted by the current increase in bitcoin. because there is a possibility that bitcoin will be a big dump before it is reduced by half. but in my opinion it won't fall until the price of $ 3,400 is too low. in my opinion the lowest point of bitcoin when it falls is $ 5k. so we must still have a target to sell and buy. and don't expect too much for bitcoin increase.
Yeah, I also do think that Bitcoin won't fall into that amount and it is really low. I expect that there will only have a slight dip probably around $6-5 but I don't think it will drop at the bottom. Actually, we could purchase now and wait til halving because everyone is speculating that Bitcoin will skyrocket after it reduced by half.

Is really everyone speculating that it will go up right away ? I would expect to see the (short-term) top before the halving and then a return to the mean. I expect the chances for the bottom to be in are much higher than to see a new bottom.

Maybe the course of our fate will be decided if we break out of the downward channel for good or we get another rejection, which will lead us to $5k, which is also the bottom of the channel in a time correlated manner.
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January 14, 2020, 04:33:02 PM
 #52

well, sorry for that in red, I was definitely not angry. I am just stating my point of view so people is aware of what could come, instead of keeping with BTC's opium of everlasting increasing profits.

Your concerns about the well-being of others are incredible, maybe you could devote yourself to charity work or something? At the same time as you are promoting some wonderful tokens and algorithms that deliver impressive ROI, you claim that BTC is nearing its end, not because you have some kind of technical information, but because you have such a feeling, is not it at least somewhat frivolous and perhaps dangerous, because you direct people to possible wrong direction? What if the price of BTC in 5 months is as it is today, what if it doubles?

these thread was about BTC, so focus on the matter and avoid speaking about others projects I work for. YOU were the only onw who mentioned it, and I don't want this to see any kidn of promotion.
 Regarding charity, of course, I am really engaged and concerned about how this shitty world  is going nowadays.
There are 2 things that changed my mind:
 - "Wall STreet" https://en.wikipedia.org/wiki/Wall_Street_(1987_film) . my inspiration to begin trading in the 90's
- "Pay it forward" https://en.wikipedia.org/wiki/Wall_Street_(1987_film) my inspiration to do my little part to have a better place for humankind.
So yes, I am not like you, just money focused.. I am worried about people losing money, and I also like to share some of my funds with charity to help them that are unprotected. This is why I for example wanted join a trading competition where captain received 30% or prize and said from the very beginning that I will donate it to an animal shelter. 

https://t.me/Whalescryptos/33812

Same animal shelter where I want to allocate the funds recovered from the scam I spotted which was worth around 43.000$
https://bitcointalk.org/index.php?topic=5110956.0





BTC has a huge problems of scalability, low speed, high cost, an INSANE environmental cost (exponential increased minning difficulty), and a disgusting manipulation due to monopolization of whales (mininn groups, exchanges.. ). I am absolutely the opinion that it will be replaced by other cryptos in the long term.

Problems that are constantly being worked on, so just look at the difference between BTC in the beginning of 2009 and today. We have SegWit, Lightning Network, so many good wallets (desktop, hardware, mobile), thousands of sellers accepting BTC as a payment method, countries like Germany and Japan where BTC is fully regulated. Low speed and high cost of the transactions? You gotta be kidding, compared to what, banks? When you last time send a transaction in BTC, back in 2017 maybe?

I didn't said banks are the solution.. they suck, like other payment solution like Western Union, Paypal, Moneygram...
you talk too much about adoption.. the fact is that this is only in your dreams, I challenge you to go out to the street and ask the first 100 people you see about how much BTC they own. Then come back and share your results. Do it.. stop talking and prove I am wrong.


Regarding "INSANE environmental cost", with your academic knowledge, you should know how to get some relevant information about that problem, because BTC mining it has so little environmental impact that it is not worth mentioning. Please read this thread and tell me how 0.2% of the total electricity consumed by BTC mining is INSANE? And at the same time, more than 50% of that energy comes from renewable sources.

MAybe you didnt realize what exponential level of difficulty means. Once upon a time i read an article about BTC mining where it was stated that it would take around 140 years to mine the remaining coins. If now there are around 18.1 M. coins circulating, and took 10 years to mine them, can you imagine how much will increase the difficulty if we need 140 years to mine the remaining 13% of supply? Now the question is.. are there other ways to verify blockchain transactions? yes.. that is all. BTC uses renewable sources? don't care.. this energy should be used for something else, while there are other ways to verify transactions with lower cost.
I don't care about other wastes of eletricity form any other industry,.. at least me, i try to do the less harm to the environment.. no waste of electricity/water, try to recicle,..


I claimed that people promoting Yobit in signature, were really not aware of what they were doing (working for cmc i received TONS of complaints against the exchange). But before you call shitcoin the coin in my avatar, you should at least inform yourself. But don't worry, I am not going to dip to your level and appear as disrespectful and reckless as you , claiming that the bitcoin mixer's purpose you promote in your avatar is focused on human trafficking, drugs, terrorism or whatever.. why? because before I prefer to be informed before I make an statement.. Just for your info, that seem are just blinded by BTC's maximalism opium...

YoBit is for sure very shady exchange, but what you or I have with fact that forum rules allow such advertising?SCAM is not moderated on this forum, it is up to users to decide what is good or bad. Regarding what you promote, I get more info then you think - I am just wondering how long that company will last and how much money investors will lose at the end.

Once again, you have a big problem.. when you don't have a good argument, you try to add discussion regarding something else. Yobit is a shady scam like hell, and sooner or later will probably make an exit scma, like did IDAX short time ago.

Before calling me "disrespectful and reckless" and "supporter of human trafficking, drugs, terrorism" start from the first line you write in this thread, and how you try to promote your business (even with ref link) which just tells you what your initial intentions were when you open this thread. You can also call me poisoned by "BTC's maximalism opium", but on which opium you are?
My english is not very good, but I thing is clear enough and you have issues reading my words. I just said that i will NOT call you supporter of all that shit, just because of promoting a mixing service in your signature. I can't make an statement of something I don't know, like you did and keep on doing.. claiming with absolute ignorance about what is all about.
About the referal link, this was already handled and apologized.. thinking I will write a so long and ellaborated post to promote a referal, means you are absolutely biased, angry or have any other kind of problem.
My opium is reality.



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January 15, 2020, 11:52:32 AM
 #53


I'll say it again, you're using the forum as if you started using it only yesterday, so look at what your post looks like, you call yourself an academically educated person?

these thread was about BTC, so focus on the matter and avoid speaking about others projects I work for. YOU were the only onw who mentioned it, and I don't want this to see any kidn of promotion.

Why do you consider people fools who can't read between the lines? You start this thread to promote some shitty exchange you work, and by creating clickbait article about some new bottom for which there is no justification in any analysis, and everything actually comes from your head. I ask you again what you will do if what you speculation does not happen in 5 months? Same as John McAfee do, say that it was only joke, or you say "in next 5 months"?


you talk too much about adoption.. the fact is that this is only in your dreams, I challenge you to go out to the street and ask the first 100 people you see about how much BTC they own. Then come back and share your results. Do it.. stop talking and prove I am wrong.


I only respond to your questions, and you are trying to say BTC is doing so badly in all possible fields. People's knowledge of BTC is different in different countries, what does it matter now how much one owns or does not own something? BTC is only 10 years old, and by some research 0.5% to max 1%, the world population is somehow involved with this relatively new technology. Asking 100 people about BTC will not change anything, even if all 100 say they never hear about BTC.

MAybe you didnt realize what exponential level of difficulty means. Once upon a time i read an article about BTC mining where it was stated that it would take around 140 years to mine the remaining coins. If now there are around 18.1 M. coins circulating, and took 10 years to mine them, can you imagine how much will increase the difficulty if we need 140 years to mine the remaining 13% of supply? Now the question is.. are there other ways to verify blockchain transactions? yes.. that is all. BTC uses renewable sources? don't care.. this energy should be used for something else, while there are other ways to verify transactions with lower cost.
I don't care about other wastes of eletricity form any other industry,.. at least me, i try to do the less harm to the environment.. no waste of electricity/water, try to recicle,..


Last BTC should be mined around 2140, but 99% will be mined by 2032 and that 1% or 210 000 BTC will left for the next 100 years. Your idea that BTC is in any way an environmental threat makes no sense, and I really don't understand why it doesn't matter to you that the vast majority of the energy used for mining is coming comes from renewable energy sources, most from hydropower. During the rainy seasons, there is a huge surplus of electricity in China that miners are using for mining.

Your thinking about conserving the environment and saving electricity is at least weird. Do not care about other industry who is destroying the planet, but you have a big problem that BTC is using 0.2% of total world electricity production?

Once again, you have a big problem.. when you don't have a good argument, you try to add discussion regarding something else. Yobit is a shady scam like hell, and sooner or later will probably make an exit scma, like did IDAX short time ago.

Can you read what you post? My reply on yobit has come from your : "I claimed that people promoting Yobit in signature, were really not aware of what they were doing (working for cmc i received TONS of complaints against the exchange)." Who is redirecting conversation in another direction?
You really look ridiculous and pathetic with all these spins trying to prove something, you just dig deeper into something that is just a product of your mind, without any real basis.

My english is not very good, but I thing is clear enough and you have issues reading my words. I just said that i will NOT call you supporter of all that shit, just because of promoting a mixing service in your signature. I can't make an statement of something I don't know, like you did and keep on doing.. claiming with absolute ignorance about what is all about.
About the referal link, this was already handled and apologized.. thinking I will write a so long and ellaborated post to promote a referal, means you are absolutely biased, angry or have any other kind of problem.
My opium is reality.


My English is far from excellent, but I understand perfectly what you are writing, I just don't understand why there is so much negativity you want to pass on to others under the guise of some kind of warning that new bottom is coming. I bet only you can say that my posting is based on something I do not know, despite you considering me ignorant and supporter of terrorism, drug trafficking, and other bad things. Mixers have a purpose, but not only for that you think - that this is the case not a single one would no longer exist. Bad coins can be tracked and freezed before they even come to mixer.

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January 15, 2020, 01:03:40 PM
 #54

Thank you for that very detailed information with some good presentation.

yes, I truly believe that the market could be manipulated due to the facts you shared, however, I also think it's still possible to see a bull run because if they can manipulate to cause a bull run last time, it could also happen this time around, but we need to ensure that we get out at the right time because we don't wanna become a "BAGHOLDER" again.
+1
really i enjoyed reading all the data he provided above , some is makes sense and some others doubtful.

well that is normal to disagree on certain points,
especially when you talking about how the manipulation is clearly happening with altcoin holders has loss over 90% in value since the last bubble two years ago.

here in crypto everything seems like unpredictable due the fact nobody has an ability to interrupting the market like what you have mentioned about with 500 million usd you can dump and pump the market for around 10% or so , guess when you did that the market could responded unexpectedly like when the price of bitcoin move up from $700 to $20000 , those people who waiting for the new bottom has left out lol , will you?

it seems that the manipulation happening is for the price to go uptrend.

Personally, I have accumulated a lot already last year and I never sold any of my btc for long term hold as I am expecting to see a new ATH as the halving is approaching, well, hopefully there's a pump but what's wrong with holding more if there's no pump that is happening.

one clear example of manipulation is what is happening with the BSV, it created a new ATH as price goes like crazy, but I say, people who bought at its peak should prepare for a bloody correction.

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January 15, 2020, 02:46:08 PM
 #55

I have to disagree because it’s all about the psychology of investors. There are new people buying now that weren’t investing in 2016 at the last halving when the price was about $700.  Those people may see the current price at $8000 at a good deal just like people in 2016 saw $700 as a good deal.  Then when it starts rising, FOMO kicks in and they all jump on the bandwagon.

 
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January 15, 2020, 04:11:21 PM
 #56

Who is fooling us? I mean who said bitcoin will never be 3400 again and can never be 3400 again? This is bitcoin, we can have 3400 same as 34000 and those are all technically doable stuff since there is no regulation and it all depends on if there is more dollars coming in or if there is more dollars going out of the current market. It looks like the price is going up and that is good, we are almost at $9k now and that is awesome however just because we are around that nobody really claimed we are going to $20k without ever falling back.

The bigger possibility is going up, which is literally happening, not to say 3400 is "impossible" but it is unlikely nowadays, maybe after this bull run is over (which may take some time) we can have 3400 in couple months? Maybe we will never have it ever again but nobody really denies the "possibility" of such a thing.

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January 15, 2020, 04:45:44 PM
 #57

you still there pal?
waiting for your $3400 dip?

while we are heading to the next all time high  Cheesy


it seems that the manipulation happening is for the price to go uptrend.

Personally, I have accumulated a lot already last year and I never sold any of my btc for long term hold as I am expecting to see a new ATH as the halving is approaching, well, hopefully there's a pump but what's wrong with holding more if there's no pump that is happening.

one clear example of manipulation is what is happening with the BSV, it created a new ATH as price goes like crazy, but I say, people who bought at its peak should prepare for a bloody correction.

well people thought that the $200 bsv is the peak price , but then it continue goes up $300, who's to blame? always the manipulators while actually there is no manipulation at all with solid evidence, no?
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January 16, 2020, 11:27:50 AM
 #58

you still there pal?
waiting for your $3400 dip?

while we are heading to the next all time high  Cheesy


Yes sure, I am here. Right now loosing a lot of money, as I opened SHORT. I won't say I don't care, because it is nonsense, and it would have been better to start shortiing at higher price. Anyway, it is at X1 leverage, so there is no way I can be liquidated. This is not a sprint, but a Marathon.. I have experienced this many times during my life.. and most of the times, some patience did the trick! let's wait..



BY the way.. don't miss this inverted BTC chart.. take your own conclusions..  Lips sealed





it seems that the manipulation happening is for the price to go uptrend.

Personally, I have accumulated a lot already last year and I never sold any of my btc for long term hold as I am expecting to see a new ATH as the halving is approaching, well, hopefully there's a pump but what's wrong with holding more if there's no pump that is happening.

one clear example of manipulation is what is happening with the BSV, it created a new ATH as price goes like crazy, but I say, people who bought at its peak should prepare for a bloody correction.

well people thought that the $200 bsv is the peak price , but then it continue goes up $300, who's to blame? always the manipulators while actually there is no manipulation at all with solid evidence, no?

DUMP that shitty BSV!

┌∩┐(◕_◕) ┌∩┐ Not your keys, not your coins. Binance (and any other CEX) can fuck off ┌∩┐(◕_◕) ┌∩┐
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January 16, 2020, 01:09:43 PM
 #59

Who is fooling us? I mean who said bitcoin will never be 3400 again and can never be 3400 again? This is bitcoin, we can have 3400 same as 34000 and those are all technically doable stuff since there is no regulation and it all depends on if there is more dollars coming in or if there is more dollars going out of the current market. It looks like the price is going up and that is good, we are almost at $9k now and that is awesome however just because we are around that nobody really claimed we are going to $20k without ever falling back.

The bigger possibility is going up, which is literally happening, not to say 3400 is "impossible" but it is unlikely nowadays, maybe after this bull run is over (which may take some time) we can have 3400 in couple months? Maybe we will never have it ever again but nobody really denies the "possibility" of such a thing.
By the end of 2018 the price was almost the same as now. Slowly by the starting of the year the price started to fall low to $3500. Further the growth started by the second quarter of the year. Maybe this can take place this year, but the halving has rewritten the years growth. Earlier when the price reached the ath it took place in a very short time, and the same can happen this time during the days close to halving.

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January 16, 2020, 03:16:34 PM
 #60

Who is fooling us? I mean who said bitcoin will never be 3400 again and can never be 3400 again? This is bitcoin, we can have 3400 same as 34000 and those are all technically doable stuff since there is no regulation and it all depends on if there is more dollars coming in or if there is more dollars going out of the current market. It looks like the price is going up and that is good, we are almost at $9k now and that is awesome however just because we are around that nobody really claimed we are going to $20k without ever falling back.

The bigger possibility is going up, which is literally happening, not to say 3400 is "impossible" but it is unlikely nowadays, maybe after this bull run is over (which may take some time) we can have 3400 in couple months? Maybe we will never have it ever again but nobody really denies the "possibility" of such a thing.
By the end of 2018 the price was almost the same as now. Slowly by the starting of the year the price started to fall low to $3500. Further the growth started by the second quarter of the year. Maybe this can take place this year, but the halving has rewritten the years growth. Earlier when the price reached the ath it took place in a very short time, and the same can happen this time during the days close to halving.
I think not the same with 2018 because bitcoin have raise to higher price without two weeks in the new year, I think look positive for bitcoin become the same situation with 2017 have chance for bitcoin back to higher price, wait for second month on this year will bitcoin back to higher price and down with lower price, but I sure and optimist bitcoin have good day in this year.
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