Freetrade is this guy, who looks absolutely nothing like Larimer:
Coincidence?
Communists... all of them... communist conspirators.
Topic: BitShares - why has it dropped like a rock - page 2. (Read 3376 times)
Coincidence?
Communists... all of them... communist conspirators.
Anyway, if it's not Larimer as Spoetnik implied, then who is Freetrade?
Freetrade is this guy, who looks absolutely nothing like Larimer:
Who is he?
Anyway, if it's not Larimer as Spoetnik implied, then who is Freetrade?
Freetrade is this guy, who looks absolutely nothing like Larimer:
this guy / coin is linked to Protoshares (PTS)
The guy that made Memory coin (which is full of scammy antics)
The guy that made Memory coin (which is full of scammy antics)
Freetrade and Larimer are not the same person Spoeterman.
LOL that pic always cracks me up.
Anyway, if it's not Larimer as Spoetnik implied, then who is Freetrade?
this guy / coin is linked to Protoshares (PTS)
The guy that made Memory coin (which is full of scammy antics)
The guy that made Memory coin (which is full of scammy antics)
Freetrade and Larimer are not the same person Spoeterman.
the reason for the price drop is simple:
anybody who is trading BTS on Poloniex, and not Open Ledger (utilizes internal ex) is keeping the market thin and thus easy to manipulate and is directly pushing the price of BitShares down. Those who say that they want the BTS price to rise, but trade on Poloniex are mathematically either selfish/greedy or stupid.
TLDR: greed
anybody who is trading BTS on Poloniex, and not Open Ledger (utilizes internal ex) is keeping the market thin and thus easy to manipulate and is directly pushing the price of BitShares down. Those who say that they want the BTS price to rise, but trade on Poloniex are mathematically either selfish/greedy or stupid.
TLDR: greed
It's greed that makes a stock, commodity, crypto, etc.. rise as well. When something is traded in an open market, it will always play under the rules of supply and demand, bulls and bears, mania and fear, etc... It's just how the game works.
Trading on Open Ledger won't make a difference.
no.
what drives the financial markets is investments with real potential for growth.. such as Apple or IBM etc.
Not derivatives built on lending loans to poor people who can't afford houses and can't afford to pay the loan.
that is why crap is worthless and valuable stocks are expensive.
you skipped over the part where smart investors follow a rule.. growth.
ask any trading pro in the world for what to look for in a good stock market investment.
and don't forget to read up on how and why the worlds economy crashed in 2008 and why many pro traders think another crashing is looming.
guys the worlds economy tanked because of greedy idiots trading worthless derivatives and a lack of desire by Greenspan to regulate it.
sound familiar ?
so what is played out in crypto ? ..the same damn thing.
You're right. But in my mind, right now, the altcoin scene = penny stock scene. So there are no IBMs, Apple's and fundamentally valuable 'companies' in the altcoin sector. So I won't include that part in the equation right now.
100 Applesauce points, right atcha DE
Agreed with everything r0ach has posted. Margin is killing the altcoin scene.
Wrong. Did margin trading kill Wallstreet? He's just saying that because BTS was manipulated in the direction he did not like. If it was manipulated to go up to .001, would you think he cared how it got there?
It's just a simple case of sour grapes.
The lack of liquidity is killing alts on margin. They do not have enough support to battle the bears. Introducing it into immature markets is stupid. Everybody loves to short, but who likes to go long, when buy the news sell the whatever is the crypto ethos? Did margin kill Wallstreet? Of course it did. Removing Glass steagall and turning the banks into casinos sure didn't help. 7 years after the collapse, its worse than ever. But all is good, because the mother of Derivatives Blythe Masters is now into Blockchain Tech. Save us Wallstreet!
"Buy the rumor, sell the news" has been around forever and isn't just "the crypto ethos". People will go long or sell regardless of margin. You simply don't like shorts and want to restrict free markets. Are you part of the Chinese communist government's price protection team?
the reason for the price drop is simple:
anybody who is trading BTS on Poloniex, and not Open Ledger (utilizes internal ex) is keeping the market thin and thus easy to manipulate and is directly pushing the price of BitShares down. Those who say that they want the BTS price to rise, but trade on Poloniex are mathematically either selfish/greedy or stupid.
TLDR: greed
anybody who is trading BTS on Poloniex, and not Open Ledger (utilizes internal ex) is keeping the market thin and thus easy to manipulate and is directly pushing the price of BitShares down. Those who say that they want the BTS price to rise, but trade on Poloniex are mathematically either selfish/greedy or stupid.
TLDR: greed
It's greed that makes a stock, commodity, crypto, etc.. rise as well. When something is traded in an open market, it will always play under the rules of supply and demand, bulls and bears, mania and fear, etc... It's just how the game works.
Trading on Open Ledger won't make a difference.
no.
what drives the financial markets is investments with real potential for growth.. such as Apple or IBM etc.
Not derivatives built on lending loans to poor people who can't afford houses and can't afford to pay the loan.
that is why crap is worthless and valuable stocks are expensive.
you skipped over the part where smart investors follow a rule.. growth.
ask any trading pro in the world for what to look for in a good stock market investment.
and don't forget to read up on how and why the worlds economy crashed in 2008 and why many pro traders think another crashing is looming.
guys the worlds economy tanked because of greedy idiots trading worthless derivatives and a lack of desire by Greenspan to regulate it.
sound familiar ?
so what is played out in crypto ? ..the same damn thing.
Pffft. We've seen every doomsday scenario all over the place for years and years. But you know what, Wallstreet and the banksters always have an angle and always make money out of whatever doomsday scenario there is. They could even make the US govt. to bail them out.
As for this 'space'. It will succeed if it's good and ready. If not, then it's a bit way ahead of its time. I believe in crypto. Not just for finance, but for everything. Privacy, decentralized voting, etc.. It's the future. But my point is don't blame your losses on others and or external factors when it was you who made a decision to take on a risk without assesing the situation well.
As for this 'space'. It will succeed if it's good and ready. If not, then it's a bit way ahead of its time. I believe in crypto. Not just for finance, but for everything. Privacy, decentralized voting, etc.. It's the future. But my point is don't blame your losses on others and or external factors when it was you who made a decision to take on a risk without assesing the situation well.
Dude... what gives you the impression I have lost? I believe ETH, BTS, MAID, and a few others have a decent chance of succeeding in time, but I would never hodl them longer than a week or two. Why? Because like r0ach said... why support something when it's obvious the shorts are going to drive the price down again. There are always more haters, than supporters. FACT. It has nothing to do with bagholding, it's a commentary on the markets.
As far as doomsday is concerned... Since 2012, the Federal Reserve have been engaged in a pre-emptive war against financial risk, and other central banks are forced to follow suit in a self-reinforcing cycle of devaluation and a mad game of Prisoner’s Dilemma.
The prisoners’ dilemma is a classic story about how individually rational decisions can lead to a socially undesirable outcome.
Here’s the original story: There are two partners in crime who get arrested by the police. The DA visits each prisoner and says the following: "If you both stay quiet, we’ll convict each of you on a minor offense, and you’ll get a year in jail. If both of you confess, you’ll both get convicted and get 10 years in jail. If you confess and your buddy stays quiet, then you’ll go free, and he’ll go to jail for 15 years. And I’m making the very same offer to him." Imagine you’re one of the prisoners. It turns out that no matter what you think your partner’s going to do, it makes sense for you to confess. Why? Because if he’s staying quiet, you can avoid a year in jail by confessing. And if he’s confessing, you can reduce your sentence from 15 years to 10 years by confessing. So you decide to confess. Your partner, facing the same incentives, also confesses. So you both go to jail for 10 years, even though you’d both have been better off if you’d both stayed quiet.
Stop with the pejoritive responses of bagholder, and never lose what you can afford, and see what he is really talking about.
Comment wasn't meant for you. I meant that in general. But yeah, shady things have always been going on in the altcoin scene. I wouldn't be suprised if the devs were in on it. It's not Bitcoin 2.0, it's Penny Stocks 2.0.
As for Wallstreet and the banksters, I could care less what the write about it in mainstream media. They OWN the media. So it could all just be a bunch of lies for whatever purposes they device.
Pffft. We've seen every doomsday scenario all over the place for years and years. But you know what, Wallstreet and the banksters always have an angle and always make money out of whatever doomsday scenario there is. They could even make the US govt. to bail them out.
As for this 'space'. It will succeed if it's good and ready. If not, then it's a bit way ahead of its time. I believe in crypto. Not just for finance, but for everything. Privacy, decentralized voting, etc.. It's the future. But my point is don't blame your losses on others and or external factors when it was you who made a decision to take on a risk without assesing the situation well.
As for this 'space'. It will succeed if it's good and ready. If not, then it's a bit way ahead of its time. I believe in crypto. Not just for finance, but for everything. Privacy, decentralized voting, etc.. It's the future. But my point is don't blame your losses on others and or external factors when it was you who made a decision to take on a risk without assesing the situation well.
Dude... what gives you the impression I have lost? I believe ETH, BTS, MAID, and a few others have a decent chance of succeeding in time, but I would never hodl them longer than a week or two. Why? Because like r0ach said... why support something when it's obvious the shorts are going to drive the price down again. There are always more haters, than supporters. FACT. It has nothing to do with bagholding, it's a commentary on the markets.
As far as doomsday is concerned... Since 2012, the Federal Reserve have been engaged in a pre-emptive war against financial risk, and other central banks are forced to follow suit in a self-reinforcing cycle of devaluation and a mad game of Prisoner’s Dilemma.
The prisoners’ dilemma is a classic story about how individually rational decisions can lead to a socially undesirable outcome.
Here’s the original story: There are two partners in crime who get arrested by the police. The DA visits each prisoner and says the following: "If you both stay quiet, we’ll convict each of you on a minor offense, and you’ll get a year in jail. If both of you confess, you’ll both get convicted and get 10 years in jail. If you confess and your buddy stays quiet, then you’ll go free, and he’ll go to jail for 15 years. And I’m making the very same offer to him." Imagine you’re one of the prisoners. It turns out that no matter what you think your partner’s going to do, it makes sense for you to confess. Why? Because if he’s staying quiet, you can avoid a year in jail by confessing. And if he’s confessing, you can reduce your sentence from 15 years to 10 years by confessing. So you decide to confess. Your partner, facing the same incentives, also confesses. So you both go to jail for 10 years, even though you’d both have been better off if you’d both stayed quiet.
Stop with the pejoritive responses of bagholder, and never lose what you can afford, and see what he is really talking about.
Pffft. We've seen every doomsday scenario all over the place for years and years. But you know what, Wallstreet and the banksters always have an angle and always make money out of whatever doomsday scenario there is. They could even make the US govt. to bail them out.
As for this 'space'. It will succeed if it's good and ready. If not, then it's a bit way ahead of its time. I believe in crypto. Not just for finance, but for everything. Privacy, decentralized voting, etc.. It's the future. But my point is don't blame your losses on others and or external factors when it was you who made a decision to take on a risk without assesing the situation well.
As for this 'space'. It will succeed if it's good and ready. If not, then it's a bit way ahead of its time. I believe in crypto. Not just for finance, but for everything. Privacy, decentralized voting, etc.. It's the future. But my point is don't blame your losses on others and or external factors when it was you who made a decision to take on a risk without assesing the situation well.
Wallstreet dead? Lol. They're making more money than ever. Even if it crashes again, it will always continue and go back up again. Trading has always been around. It will not go away, hence open markets will not go away. If you can't aceept that downswings will always be a part of trading, don't play.
Do not blame external factors for your losses. It was your decision to play a game you could lose and you took that risk.
Do not blame external factors for your losses. It was your decision to play a game you could lose and you took that risk.
China Officially Sold A Quarter Trillion Treasurys In The Past Year... does this sound like confidence? The entire system is based on the US buying it own debt, which is monetization. Or is printing money and giving it to the banks ok with you? Can't export that inflation to China anymore... no worries. The middle class will absorb it with their shitty part time jobs. How did it work out in Japan? Zombie banks for 2 decades and over 300% debt to GDP. Dead... sorry. How about zombie?
As far as the downswings? I am a trader, so I love it. But there is a part of me that wants to see this space succeed. Just sayin these markets are not conducive to noobs.
Wallstreet dead? Lol. They're making more money than ever. Even if it crashes again, it will always continue and go back up again. Trading has always been around. It will not go away, hence open markets will not go away. If you can't accept that downswings will always be a part of trading, don't play.
Do not blame external factors for your losses. It was your decision to play a game you could lose and you took that risk.
Do not blame external factors for your losses. It was your decision to play a game you could lose and you took that risk.
Agreed with everything r0ach has posted. Margin is killing the altcoin scene.
Wrong. Did margin trading kill Wallstreet? He's just saying that because BTS was manipulated in the direction he did not like. If it was manipulated to go up to .001, would you think he cared how it got there?
It's just a simple case of sour grapes.
The lack of liquidity is killing alts on margin. They do not have enough support to battle the bears. Introducing it into immature markets is stupid. Everybody loves to short, but who likes to go long, when buy the news sell the whatever is the crypto ethos? Did margin kill Wallstreet? Of course it did. Removing Glass steagall and turning the banks into casinos sure didn't help. 7 years after the collapse, its worse than ever. But all is good, because the mother of Derivatives Blythe Masters is now into Blockchain Tech. Save us Wallstreet!
the reason for the price drop is simple:
anybody who is trading BTS on Poloniex, and not Open Ledger (utilizes internal ex) is keeping the market thin and thus easy to manipulate and is directly pushing the price of BitShares down. Those who say that they want the BTS price to rise, but trade on Poloniex are mathematically either selfish/greedy or stupid.
TLDR: greed
anybody who is trading BTS on Poloniex, and not Open Ledger (utilizes internal ex) is keeping the market thin and thus easy to manipulate and is directly pushing the price of BitShares down. Those who say that they want the BTS price to rise, but trade on Poloniex are mathematically either selfish/greedy or stupid.
TLDR: greed
It's greed that makes a stock, commodity, crypto, etc.. rise as well. When something is traded in an open market, it will always play under the rules of supply and demand, bulls and bears, mania and fear, etc... It's just how the game works.
Trading on Open Ledger won't make a difference.
Agreed with everything r0ach has posted. Margin is killing the altcoin scene.
Wrong. Did margin trading kill Wallstreet? He's just saying that because BTS was manipulated in the direction he did not like. If it was manipulated to go up to .001, would you think he cared how it got there?
It's just a simple case of sour grapes.
Just the typical highly manipulated altcoin market multiplied by a factor of 10 because Bologniex allows leverage longs and shorts. There's a group of Asians with around 500 btc who are always constantly pumping or shorting it and when they do, they remove or add 200+ btc buy support to the walls at the same time. When they remove 200btc buy support, market usually just instantly crashes. Pretty much any coin on Poloniex is a complete fugazi due to stuff like this. They never should have added leveraged trading because none of these coins have liquidity to support it.
You can toss in a short then immediately remove 200btc buy support and just automatically get paid. Other people are doing the same thing with even more float, up to 1000btc (cagara) which makes the alt market a complete joke now. Poloniex thinks it's a great idea because they increase volume, but it will probably just kill off their entire user base. If the risk is always way higher than the reward, people will just stop trading at all.
You can toss in a short then immediately remove 200btc buy support and just automatically get paid. Other people are doing the same thing with even more float, up to 1000btc (cagara) which makes the alt market a complete joke now. Poloniex thinks it's a great idea because they increase volume, but it will probably just kill off their entire user base. If the risk is always way higher than the reward, people will just stop trading at all.
Didnt you call a hyper pump and made fun of a 100 btc short?
Or is alzheimer greeting?
And then of course, there is this:
https://bitsharestalk.org/index.php/topic,17354.0.html
I did not contact that particular exchange individually.
We gave the whole world NOTICE 30 days in advance and made posts on the proper threads where all upgrade announcements are posted.
We gave the whole world NOTICE 30 days in advance and made posts on the proper threads where all upgrade announcements are posted.
[translation:]
How dare those impertinent imbeciles not follow our most generously timed proclamations!!
NO BROWNIE POINTS!!!
Meaning that Bitshares is nothing but an inherently flawed corporate token that is peddled by a bunch of really arrogant elitists.
In the Bitschares design, there are delegates, and there are lesser participants.
Which begs the question: Who are these anointed ones? And who anoints them?
Agreed with everything r0ach has posted. Margin is killing the altcoin scene.
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