Didn't sell at 32, not selling now. I would also rather lose it all than sell at current prices.
If it rose to 32 tomorrow, I would still not sell.
Simply because I want bitcoins, not other fiat money.
Topic: Bitcoin Forecast, Bitcoin Speculation & Bitcoin Technical Analysis. Up or DOWN? - page 79. (Read 540249 times)
November 21, 2011, 10:37:14 AM
November 21, 2011, 10:24:34 AM
Oh wow you are the second third person calling me a troll this month, I really should pay less attention to this sub-forum. 
Somebody care to explain which part of my posts constitutes of trolling?
Yes once people are using bitcoins for commerce and exchange like you did molecular that could result in more stability.
Somebody care to explain which part of my posts constitutes of trolling?
Yes once people are using bitcoins for commerce and exchange like you did molecular that could result in more stability.
You spread your ideas as facts without supporting evidence or clarifying you are stating opinion.
November 21, 2011, 10:14:54 AM
Oh wow you are the second third person calling me a troll this month, I really should pay less attention to this sub-forum.
Somebody care to explain which part of my posts constitutes of trolling?
Yes once people are using bitcoins for commerce and exchange like you did molecular that could result in more stability.
Somebody care to explain which part of my posts constitutes of trolling?
Yes once people are using bitcoins for commerce and exchange like you did molecular that could result in more stability.
November 21, 2011, 10:11:42 AM
The irony about it is: The daily non-speculative demand for bitcoins is probably below (!) 7200 coins a day (right now)
So the answer to the problems caused by excessive hoarding is more hoarding?
Are you guys going to stand on mainstreet handing out bitcoin flyers to create demand? What else you gonna do? 'Oh btw, you want this, I have some but I'm not gonna give it to you..'
I would feel very much trolled...
So the answer to the problems caused by excessive hoarding is more hoarding?
Are you guys going to stand on mainstreet handing out bitcoin flyers to create demand? What else you gonna do? 'Oh btw, you want this, I have some but I'm not gonna give it to you..'
I would feel very much trolled...
Of course I would give people my bitcoin. I traded a lot for cash locally already and I will do it again, even at this low price. I'll just buy them again, what's the problem?
Are you the last troll left on these forums? Maybe it's time to jump ship?
Maybe not last, but certainly one of the loudest.
November 21, 2011, 10:07:02 AM
The irony about it is: The daily non-speculative demand for bitcoins is probably below (!) 7200 coins a day (right now)
So the answer to the problems caused by excessive hoarding is more hoarding?
Are you guys going to stand on mainstreet handing out bitcoin flyers to create demand? What else you gonna do? 'Oh btw, you want this, I have some but I'm not gonna give it to you..'
I would feel very much trolled...
So the answer to the problems caused by excessive hoarding is more hoarding?
Are you guys going to stand on mainstreet handing out bitcoin flyers to create demand? What else you gonna do? 'Oh btw, you want this, I have some but I'm not gonna give it to you..'
I would feel very much trolled...
Of course I would give people my bitcoin. I traded a lot for cash locally already and I will do it again, even at this low price. I'll just buy them again, what's the problem?
Are you the last troll left on these forums? Maybe it's time to jump ship?
November 21, 2011, 09:03:33 AM
The irony about it is: The daily non-speculative demand for bitcoins is probably below (!) 7200 coins a day (right now)
So the answer to the problems caused by excessive hoarding is more hoarding?
Are you guys going to stand on mainstreet handing out bitcoin flyers to create demand? What else you gonna do? 'Oh btw, you want this, I have some but I'm not gonna give it to you..'
I would feel very much trolled...
Based on the conversations that I have had with many intelligent people in this community. So the answer to the problems caused by excessive hoarding is more hoarding?
Are you guys going to stand on mainstreet handing out bitcoin flyers to create demand? What else you gonna do? 'Oh btw, you want this, I have some but I'm not gonna give it to you..'
I would feel very much trolled...
They are building applications that will make Bitcoins do things that would simply be impossible with traditional Fiat currency.
We build demand by doing what we know how to do best and that's BUILD! We all do it in different forms, whether it's building a business or building a program, everything has a process!
I am glad you get this and I agree.
However talking and doing are 2 things and it has to be done out of genuine thrive not desperation.
But be warned building an economy is a slow process and it will take a while till it's growth can compensate for the declining speculative demand.
November 21, 2011, 08:43:33 AM
The irony about it is: The daily non-speculative demand for bitcoins is probably below (!) 7200 coins a day (right now)
So the answer to the problems caused by excessive hoarding is more hoarding?
Are you guys going to stand on mainstreet handing out bitcoin flyers to create demand? What else you gonna do? 'Oh btw, you want this, I have some but I'm not gonna give it to you..'
I would feel very much trolled...
Based on the conversations that I have had with many intelligent people in this community. So the answer to the problems caused by excessive hoarding is more hoarding?
Are you guys going to stand on mainstreet handing out bitcoin flyers to create demand? What else you gonna do? 'Oh btw, you want this, I have some but I'm not gonna give it to you..'
I would feel very much trolled...
They are building applications that will make Bitcoins do things that would simply be impossible with traditional Fiat currency.
We build demand by doing what we know how to do best and that's BUILD! We all do it in different forms, whether it's building a business or building a program, everything has a process!
November 21, 2011, 08:35:52 AM
The irony about it is: The daily non-speculative demand for bitcoins is probably below (!) 7200 coins a day (right now)
So the answer to the problems caused by excessive hoarding is more hoarding?
Are you guys going to stand on mainstreet handing out bitcoin flyers to create demand? What else you gonna do? 'Oh btw, you want this, I have some but I'm not gonna give it to you..'
I would feel very much trolled...
So the answer to the problems caused by excessive hoarding is more hoarding?
Are you guys going to stand on mainstreet handing out bitcoin flyers to create demand? What else you gonna do? 'Oh btw, you want this, I have some but I'm not gonna give it to you..'
I would feel very much trolled...
November 21, 2011, 08:28:38 AM
I'd rather lose everything than give coins to people for such a cheap price.
Amen.
Amen
Famous last words?
I'll call your bluff.
That being said, I am kinda happy these people are gone because now the real test begins...
November 21, 2011, 08:19:01 AM
I'd rather lose everything than give coins to people for such a cheap price.
Amen.
Amen
Famous last words?
I'll call your bluff.
Also its "cheap" price not "cheap price".
November 21, 2011, 03:20:18 AM
I'd rather lose everything than give coins to people for such a cheap price.
Amen.
Amen
I can pretty much guarantee that this is what I would do. I planned that from the beginning, and have planned it for every one of my unfortunate rounds of doubling down. I'm both pig-headed about this kind of thing and also in no particular need of USD.
Another thing is that the original satoshi block chain is a rare and interesting item an who knows what uses for it might pop up in the future. Having some secret keys with a positive value represented in it could still be worth having. Worth a shot...or at least it is to me.
November 21, 2011, 02:59:03 AM
I'd rather lose everything than give coins to people for such a cheap price.
Amen.
Amen
November 20, 2011, 07:40:19 PM
Since today i have a new theory (and i think there was a topic started about this recently).
There is an attempt to create an arbitrage opportunity.
I see ask walls on tradehill and bid walls on mtgox.
There is an attempt to create an arbitrage opportunity.
I see ask walls on tradehill and bid walls on mtgox.
I was thinking the exact same thing!
TH was trading down at 2.03 while MtGox was trading at almost 2.30.
Our manipulator is developing new tactics!!
That uptrend last night happened while Bitcoin deposits to MtGox weren't going through. When they finally got processed, the trend reversed.
November 20, 2011, 12:44:01 PM
Since today i have a new theory (and i think there was a topic started about this recently).
There is an attempt to create an arbitrage opportunity.
I see ask walls on tradehill and bid walls on mtgox.
There is an attempt to create an arbitrage opportunity.
I see ask walls on tradehill and bid walls on mtgox.
I was thinking the exact same thing!
TH was trading down at 2.03 while MtGox was trading at almost 2.30.
Our manipulator is developing new tactics!!
November 20, 2011, 12:33:19 PM
since the manipulator once again struggled hard to manipulate the price above $2 i suggest it is just a matter of time until the price goes deeper than $1.
the manipulator can't just make the price not going deeper. in order to reach its real worth, bitcoin has to touch its ground at least once.
Did you ever think that he actually wants the prices to go down? He sets the bid walls to *temporarily* stop the down trend so that he can sell his coins high, after this is done he wants the price to go down so that he can buy back his coins for cheaper. Then he needs a small bounce back of course - but when there is a dip after a big bidwall was destroyed then the momentum pushes it deeper then the temporal balance - so the bounce back is kind of guaranteed. Not that I really know the motives of people setting these bid walls - but this way they could earn on their actions.the manipulator can't just make the price not going deeper. in order to reach its real worth, bitcoin has to touch its ground at least once.
I is quite likely that he wants to manipulate the price down. If he was interested to make bitcoin prices rise, he could use his $ purchase power to trigger a couple of forced short liquidations and prices would shoot up massively.
Since today i have a new theory (and i think there was a topic started about this recently).
There is an attempt to create an arbitrage opportunity.
I see ask walls on tradehill and bid walls on mtgox.
November 20, 2011, 10:49:50 AM
Sometimes I think he even buys his own coins up to try to trigger rallies like that spike to $2.50 last night. He would only lose the .25% fees, which is toilet paper to him, then others start buying his coins up in the ensuing panic. Profit!
November 20, 2011, 10:36:28 AM
since the manipulator once again struggled hard to manipulate the price above $2 i suggest it is just a matter of time until the price goes deeper than $1.
the manipulator can't just make the price not going deeper. in order to reach its real worth, bitcoin has to touch its ground at least once.
Did you ever think that he actually wants the prices to go down? He sets the bid walls to *temporarily* stop the down trend so that he can sell his coins high, after this is done he wants the price to go down so that he can buy back his coins for cheaper. Then he needs a small bounce back of course - but when there is a dip after a big bidwall was destroyed then the momentum pushes it deeper then the temporal balance - so the bounce back is kind of guaranteed. Not that I really know the motives of people setting these bid walls - but this way they could earn on their actions.the manipulator can't just make the price not going deeper. in order to reach its real worth, bitcoin has to touch its ground at least once.
I is quite likely that he wants to manipulate the price down. If he was interested to make bitcoin prices rise, he could use his $ purchase power to trigger a couple of forced short liquidations and prices would shoot up massively.
November 19, 2011, 03:45:08 PM
since the manipulator once again struggled hard to manipulate the price above $2 i suggest it is just a matter of time until the price goes deeper than $1.
the manipulator can't just make the price not going deeper. in order to reach its real worth, bitcoin has to touch its ground at least once.
Did you ever think that he actually wants the prices to go down? He sets the bid walls to *temporarily* stop the down trend so that he can sell his coins high, after this is done he wants the price to go down so that he can buy back his coins for cheaper. Then he needs a small bounce back of course - but when there is a dip after a big bidwall was destroyed then the momentum pushes it deeper then the temporal balance - so the bounce back is kind of guaranteed. Not that I really know the motives of people setting these bid walls - but this way they could earn on their actions. the manipulator can't just make the price not going deeper. in order to reach its real worth, bitcoin has to touch its ground at least once.
November 19, 2011, 02:14:24 PM
therefore market will beat manipulator. the sooner, the better, than finally bitcoin can be "used" (cause it is no more a manipulator-zombie).
If you think that people with excessive bitcoin or fiat holdings are going to just stop, you are extremely naive. Market manipulation will continue whether the price is $2, 2c, or $200.
It is not the manipulator who is to blame for the lack of utility of bitcoin. People have been single-mindedly focused on using their coins to play the day trading game, rather than investing them in startup businesses or conducting any actual trade with them. That is why the price is going down, not due to market manipulation.
We have manipulators operating in all of the worlds markets. The reason they are not as successful as they are with bitcoin is because real world markets are backed up by real world economic activity. There is only so much you can crash the price of real assets before the people who actually NEED them will buy.
..you missunderstood me - i didn't blame the manipulator for pushing the price down, but for manipulating it ABOVE the real-market balance.
i agree with everything else you said - and that is exactly why i predict the next decrease below the $2 - as said before: market will win against manipulator, at least on the long term.
Especially as we come to the end of the month (bills) and many mined coins start trickling into the exchange, like Chinese water torture to the existing bid wall(s), nibbling away.
7200 coins a day with a network average P/L of -30%, a significant drop in value from the point ($3) at which miners were barely keeping their heads above water, and finally obvious market manipulation. Most of those coins need to be sold just to cover electric, save the few miners who have free/stolen electricity and/or have plenty of extra fiat to throw away.
With no retracing back to $3, and with obvious downward pressure, it's a matter of days before we start to see the masses start to rebel, cash out and start the process of liquidation to recover (some of) their sunk costs. Tick tock.. tick tock..
November 19, 2011, 02:07:51 PM
therefore market will beat manipulator. the sooner, the better, than finally bitcoin can be "used" (cause it is no more a manipulator-zombie).
If you think that people with excessive bitcoin or fiat holdings are going to just stop, you are extremely naive. Market manipulation will continue whether the price is $2, 2c, or $200.
It is not the manipulator who is to blame for the lack of utility of bitcoin. People have been single-mindedly focused on using their coins to play the day trading game, rather than investing them in startup businesses or conducting any actual trade with them. That is why the price is going down, not due to market manipulation.
We have manipulators operating in all of the worlds markets. The reason they are not as successful as they are with bitcoin is because real world markets are backed up by real world economic activity. There is only so much you can crash the price of real assets before the people who actually NEED them will buy.
..you missunderstood me - i didn't blame the manipulator for pushing the price down, but for manipulating it ABOVE the real-market balance.
i agree with everything else you said - and that is exactly why i predict the next decrease below the $2 - as said before: market will win against manipulator, at least on the long term.
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