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Topic: Bear market to continue thru October 2015 - page 3. (Read 7144 times)

sr. member
Activity: 462
Merit: 253
November 13, 2014, 03:06:05 PM
#55
Yeah, I can't imagine that the value of a Bitcoin will go any higher than 1000$ before the next halving. Sure a lot of new money is pumped into it everyday, but I doubt that it's enough to compensate for the 3000+ new coins created every day (most of them instantly sold for fiat), plus all the coins sold by hackers and being sold by people who get bored with it because they thought in November-December last year that it was foolproof way to get rich quickly.
hero member
Activity: 882
Merit: 1000
November 13, 2014, 11:50:25 AM
#54
I was under the impression that the stock market is horribly rigged with high freq trading, so why would I ever consider that an option?

http://www.maxkeiser.com/2014/04/its-not-just-the-stock-market-thats-rigged-the-entire-status-quo-is-rigged/#more-72092

sr. member
Activity: 336
Merit: 250
November 13, 2014, 11:13:30 AM
#53
bull coming back! Cheesy

It's very unlikely, just a correction of the bear market, like the one back in May-June, $500 will not be conquered this year.
legendary
Activity: 2702
Merit: 1064
Juicin' crypto
November 13, 2014, 11:08:55 AM
#52
bull coming back! Cheesy
sr. member
Activity: 336
Merit: 250
November 13, 2014, 03:30:10 AM
#51
how about get out of alts 100% ? where is that option ?
why didn't you add that ?

https://bitcointalksearch.org/topic/m.9517808

Tell me which are my dummy accounts, Sherlock? Can't wait to see the list Smiley
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
November 13, 2014, 03:26:45 AM
#50
So many words, Spoetnik. But at the end of the day everything is a pyramid. In every market, regulated or not, assets grow as long as there are buyers. As soon as you run of buyers, the asset drops. Regulations don't add anything to this, need proof? See the dotcom boom of the 90s. Or real estate boom and bust of the 2000s. Many people got burned and lost their shirts. You talk too many words, but all you mean is "stay out of the free market, because you can get hurt". Are you from the gubermint to save us, do you advise to purchase gubermint bonds?

how about get out of alts 100% ? where is that option ?
why didn't you add that ?

short enough for ya ?

get it yet ? LOL

you created a broken / biased joke of a Poll guy hahhaha

edit:
by the way "gubermint" gives away some of your dummy accounts now Wink
sr. member
Activity: 336
Merit: 250
November 13, 2014, 03:05:36 AM
#49
So many words, Spoetnik. But at the end of the day everything is a pyramid. In every market, regulated or not, assets grow as long as there are buyers. As soon as you run of buyers, the asset drops. Regulations don't add anything to this, need proof? See the dotcom boom of the 90s. Or real estate boom and bust of the 2000s. Many people got burned and lost their shirts. You talk too many words, but all you mean is "stay out of the free market, because you can get hurt". Are you from the gubermint to save us, do you advise to purchase gubermint bonds?
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
November 12, 2014, 07:44:22 PM
#48
Spoetnik,

so what do you advise exactly, get out of alts into Bitcoin? Bitcoin to da moon? Let's see if this is a dead-cat bounce for Bitcoin and a bull trap.

i want you and others to drop the stock market jargon like IPO and Bull Market this and that..
get a grip on Reality this is nothing like a stock market so the never ending comparisons and behavior application is completely invalid.
you continue to yet again and forever push on with this portrayal that this is something it's not.. a REGULATED (digital version) stock market.
What is it ?
A pioneering method of running digital ponzi schemes or maybe closer to a multi level marketing scheme like the classic Walter Filter scams of the 80's
..in a lawless environment !
so far.

What we have is a new way for people to rip each other off and it's so new there is no laws yet.
The REAL stock market has been vetted and established for a 100 years !
DO NOT pretend this is some kind of extension of that.. it's not !

each and every single one of you out there know damn well the law is coming and fast
and much of what goes on would have gotten guys jail time hard and fast in a real stock market already.
get it ?
So what do i suggest ?
Never mind me.. keep playing stock market with digital pyramid schemes just make sure you deal with the law when they come knocking LOL

Martha Stewart was behind bars for insider trading so how many guys in crypto would be in jail for that ?

seriously just cut the crap already and quit playing dumb so you can keep pushing "schemes"
and i want all of you delusional guys out there to read this and then look in the mirror !

http://mvhsoracle.com/features/my-experience-with-a-pyramid-scheme

that link will be a scary mirror to the antics and behavior of many of you around here i watch day to day.
i see the same methods used and worse !

or Google search keywords..

Water Filter
multi level marketing scheme
ponzi scheme
pyramid scheme

edit:

here is the last paragraph of that link i just posted..

Quote
The scariest part was reflecting afterwards and remembering how convinced we were. You watch documentaries on cults and scams and roll your eyes, how could people be so stupid to fall for that? We take pride in ourselves to believe that we are the smartest right now than we’ll ever be, but Ariix is rehearsed to the smallest detail to convince people to fall for it. There were no obvious flaws or holes in their presentation so we had nothing to immediately turn off any flags in our minds. When you are targeted at every side with propaganda, personal anecdotes, and supposed mathematical facts, it’s easier to fall for it than you think. The human brain can only hold onto logic and truth for so long before it succumbs under brainwashing tactics.

The difference between that story and this crap is most guys here KNOW damn well that they are buying into is a sleazy / shady scheme !
So this Altcoin shit is waaaay worse !
legendary
Activity: 1876
Merit: 1000
November 12, 2014, 06:36:21 PM
#47
altcoins bad, mmmkay... proof-of-whatever, clueless developers, users driven by BTC FOMO, signature campaigns... it is obvious to any sentient being why one shouldn't bother with them at all. Unless you are speculating on them fast-in-fast-out, and even then you should feel dirty inside.


Personally I feel the music was over for 99.9% of cryptos 6 months ago, anyone who thinks any of the latest cryptos aren't simply a quest for more instant fiat by the devs is just lying to themselves.

Despite the constant fud sooner or later the smart alt money will default back to ltc.
full member
Activity: 154
Merit: 100
playing pasta and eating mandolinos
November 12, 2014, 06:10:13 PM
#46
altcoins bad, mmmkay... proof-of-whatever, clueless developers, users driven by BTC FOMO, signature campaigns... it is obvious to any sentient being why one shouldn't bother with them at all. Unless you are speculating on them fast-in-fast-out, and even then you should feel dirty inside.
sr. member
Activity: 336
Merit: 250
November 12, 2014, 02:35:04 PM
#45
Spoetnik,

so what do you advise exactly, get out of alts into Bitcoin? Bitcoin to da moon? Let's see if this is a dead-cat bounce for Bitcoin and a bull trap.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
November 12, 2014, 01:53:06 PM
#44
i have advised no altcoins for ages to people that ask.. none of them are worth bothering with.
and i don't mean MOON! later like devphp is suggesting..

he is delusional thinking it's juts a price slump.. wrong !

there has been an ongoing exodus from altcoins going on all year long..
and they are going to Bitcoin of course.

i see the price is rocketing up now too for BTC because it's mid month of course Wink
and people are cluing in the altcoin game is dead.
..not in a slump

But.. D E A D

PS: BTC @ $420 usd right now

altcoins = 1 billionth of a cent each ?
sr. member
Activity: 336
Merit: 250
November 12, 2014, 06:58:02 AM
#43
how about get out of alts 100% ? where is that option ?
why didn't you add that ?

I have told you around this forum sooooo many times i think your delusional OP

you are a champion of steadfast optimism around here endlessly no matter how bad the signs are.
I think you are lying to yourself because your bag holding Altcoins simple as that.
and in turn spoon feeding the whole scene crap to get more guys involved.

There are two options:
a) get into Bitcoin = get out of alts
b) get into fiat = get out of alts and out of Bitcoin

I am cautiously optimistic and only recommend what I have at least some faith in, based on fundamentals. Oh, and I realistically think the bear market will go on for another 12 months, how is that not good for the scene?

Spoetnik, what is your recommendation for crypto investors in 1-2 sentences for the next few months?
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
November 12, 2014, 06:56:47 AM
#42
how about get out of alts 100% ? where is that option ?
why didn't you add that ?

I have told you around this forum sooooo many times i think your delusional OP

you are a champion of steadfast optimism around here endlessly no matter how bad the signs are.
I think you are lying to yourself because your bag holding Altcoins simple as that.
and in turn spoon feeding the whole scene crap to get more guys involved.

this is springboard topic for the goal of trying to smooth over nervous investors..
sr. member
Activity: 280
Merit: 250
November 12, 2014, 06:27:28 AM
#41
25% US real estate
60% US stock market - at least that pump has some real weight behind it. 100 years strong and still pumping.
10% USD - USD has fighter jets, stealth bombers, rockets, loaded aircraft carriers, tanks and corrupt politicians  behind it.  It's a win.
5% Crypto - Because I like to gamble.


5% crypto?... Isn't that kind of high?  Tongue
hero member
Activity: 644
Merit: 500
November 11, 2014, 09:35:53 AM
#40
25% US real estate
60% US stock market - at least that pump has some real weight behind it. 100 years strong and still pumping.
10% USD - USD has fighter jets, stealth bombers, rockets, loaded aircraft carriers, tanks and corrupt politicians  behind it.  It's a win.
5% Crypto - Because I like to gamble.
legendary
Activity: 1138
Merit: 1001
November 11, 2014, 09:16:09 AM
#39
The alt-coin market is pretty dead. Primarily the volatility of Bitcoin/Altcoins don't make them very attractive for very many use cases.

BitAssets change that. You can now store the value of a dollar/gold in a completely decentralised way and earn interest. This changes everything for merchants, people living in high inflation countries, savers, remittances etc. http://whatisbitusd.com/

If anything will change the world in the next year it will be BitShares or some derivation of it, because of BitAssets. (Add more countries moving to negative interest and/or deposit confiscations then even more so.)


Nobody would want BitAssets or BitUSD if BitsharesX itself isn't doing too great.   There's really no reason for my to exchange my real dollars for fake dollars on BitsharesX, unless it is to trade for BTSx if the price goes lower but if everybody regards BTSx as a write off ("won't go anywhere") then nobody is going to put their dollars or assets on it.


There is already something with currency support called Ripple and technically Ripple would hold out better than BTC and BTSx in these bear porn scenarios as Ripple has established utility as a payment processor.  Still Ripple itself is pretty tiny in that payment processor industry when we consider PayPal and the probable hundreds of other competitors.


Ripple is just a centralised gateway service with 500% inflation still to come. I've never owned XRP and probably never well. BitAssets let you store and trade the value of real world counterparts like gold/silver/dollar etc. in a completely decentralised way. They're completely different.

As I said on Aug 22nd

Quote
 I suggest people try look into them over the weekend or believe ChuckOne and TaunSew and stay in NXT etc. next week for the launch...  

https://bitcointalksearch.org/topic/m.8490849

You could have listened to TaunSew & stayed in NXT that week or Tripled it in BitSharesX. (Quintupled it, if you bought a few days earlier when I started posting.)

That opportunity has arrived again with the marketing launch starting at the end of this month. Unlike August though when BitAssets were first introduced and had flaws. (The reason for the subsequent 50% fall)  they have now been improved and have been functioning well, so it should be a big gain that will see BitAssets drive BitShares from strength to strength and not just a big short term gain.

So again I recommend investigating BitShares, BitAssets and their upcoming marketing for yourselves.
sr. member
Activity: 280
Merit: 250
November 11, 2014, 08:37:55 AM
#38
I will move 100% into altcoins.

please....no!
legendary
Activity: 2128
Merit: 1120
November 11, 2014, 08:02:52 AM
#37
 
I'm all in NXT + XMR and soon I'll buy some silver coins (metal).
hero member
Activity: 639
Merit: 500
November 11, 2014, 06:56:36 AM
#36
The alt-coin market is pretty dead. Primarily the volatility of Bitcoin/Altcoins don't make them very attractive for very many use cases.

BitAssets change that. You can now store the value of a dollar/gold in a completely decentralised way and earn interest. This changes everything for merchants, people living in high inflation countries, savers, remittances etc. http://whatisbitusd.com/

If anything will change the world in the next year it will be BitShares or some derivation of it, because of BitAssets. (Add more countries moving to negative interest and/or deposit confiscations then even more so.)


Being in BitASsests mean no gain. Much better to have Bitshares and follow closely as your developers changes the deal everyday which leaves the investors burnt. Theres big profits to be made there by trading smartly.
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