seriously what the fuck is wrong with this guy
The guy is short selling BTC.
Shortsellers profit from price crashing a lot because of the leverage.
If BTC price suddenly goes up, they can lose everything unless they have set up a stopless to minimalize their loses.
From stasitic information, shortsellers are mostly people who don't have enough money to invest in the real value of stocks or in this case BTC itself.
You don't need much money to gain a huge potential profit because of the leverage.
The downside is, they overestimated themself and invested more than they can afford to lose.
If you look at the stock markets, most of the bankers or traders who commit suicide are shortsellers.
If something goes wrong, then it really goes wrong, putting them in a situation with almost no way out.
A shortseller usually will try to talk the market down, manipulating information or even planting false information into the world to disgrace the company they are shorting.
Bitcoin is no difference than a stock registered at Dow Jones, Nasdaq, Hangseng or the Dutch AEX.
If you see their posting frequency is going up and they are using a lot of different sources with a complete different view of the situation, then you have to sell or wait untill the shit is over.They try to enlarge the fear to create a bigger fall of the stock they are shorting.
If you see their posting frequency is going up and they are keep repeating their posts without adding something new (when there is no new information available), or when they changing the information in their benefit and spreading FUDThey are in trouble, they try to change the direction to benefiet themself.
Most of the shortsellers are in trouble at this moment, the price is doing nothing untill after 15 april
They even start to post in localize subforums to create fear using Google translator to attract more viewers.
Google translator, Bing or whatever translator they are using don't translate accurate between Chinese caracters and the Roman alfabet.
Even between Roman alfabets, the translation if often funny.
https://bitcointalk.org/index.php?topic=561416.0The Chinese don't use bitcointalk.org as a bitcoin forum, they have their own version like they have Weibo for Twitter, WeChat for WhatsApp, Baidu for Google and so on.
Most of them can't read English and when they do, most of them have a basic level of understandig English.
The more we approach 15 april and nothing will happens in the meantime, the more desperate they will be.
Creating more FUD and anything between, somehow it is funny how dumb they look at the end.
Shortsellers don't care if you lose money, they will sell anyone out, even if it is their own mother to talk their way out.
Most of the people here are for personal gain, so we are not that different, but for some people their are limits.
There are not much options left until after 15 april when it becomes clear if the rumors are true or not.
Sit tight and wait untill it is over.
Sell your BTC if you can stand the heat until after 15 april.
Talk your way up with FUD
Talk you way down with FUD
Poll
