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Topic: BTC up??? - page 3. (Read 2194 times)

legendary
Activity: 3472
Merit: 10611
April 20, 2017, 10:57:11 PM
#9
when everyone sells their coins on top and then price dips they have a lot of money to buy back in. then also when during bitcoin price dip, the altcoins get pumped each 2x-10x people gain a lot more money and this is investment money we are talking about. even if you cash out you still have lots of money to buy bitcoin with.

when all that money comes back into bitcoin because it was time and also because altcoins are dying, the price of bitcoin goes up like this.

this description seems to be a zero sum game because as many people must have bought in at the top as sold out, so the net amount of money from this = 0.

those who act quick, they sell bitcoin on top (the top price was ~$1260) even selling on $1230ish
then buy the shitcoins that were about to pump like Dash and Eth each at the bottom of the price around $50 and $20 respectively and then dump them on top around $105 and $52 respectively and that is a 100% and 150% pure profit that will come back to buy bitcoin Smiley

and this is mostly an answer to those who love reciting altcoin prices in USD.
legendary
Activity: 2632
Merit: 1023
April 20, 2017, 10:32:56 PM
#8
when everyone sells their coins on top and then price dips they have a lot of money to buy back in. then also when during bitcoin price dip, the altcoins get pumped each 2x-10x people gain a lot more money and this is investment money we are talking about. even if you cash out you still have lots of money to buy bitcoin with.

when all that money comes back into bitcoin because it was time and also because altcoins are dying, the price of bitcoin goes up like this.

this description seems to be a zero sum game because as many people must have bought in at the top as sold out, so the net amount of money from this = 0.
hero member
Activity: 1036
Merit: 520
April 20, 2017, 10:14:40 PM
#7
when everyone sells their coins on top and then price dips they have a lot of money to buy back in. then also when during bitcoin price dip, the altcoins get pumped each 2x-10x people gain a lot more money and this is investment money we are talking about. even if you cash out you still have lots of money to buy bitcoin with.

when all that money comes back into bitcoin because it was time and also because altcoins are dying, the price of bitcoin goes up like this.
legendary
Activity: 966
Merit: 1042
April 20, 2017, 09:43:31 PM
#6
Why is BTC up with the BU/ Segwit and dev roadblock.

any views?

Bitcoin keeps going up because that's what it was designed to do.

Price dips are merely either normal small corrections or aberrations caused by panic, FUD, etc.

The BU/Segwit and development "roadblocks" are overrated by many and one cause of such FUD and panic.

No big deal.

Ya. The FUD just keeps us from doing a moon bounce but it can't stop bitcoins from going up in price more and more. They're rare, and everyone wants them!
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
April 20, 2017, 09:36:21 PM
#5
Why is BTC up with the BU/ Segwit and dev roadblock.

any views?

Bitcoin keeps going up because that's what it was designed to do.

Price dips are merely either normal small corrections or aberrations caused by panic, FUD, etc.

The BU/Segwit and development "roadblocks" are overrated by many and one cause of such FUD and panic.

No big deal.
legendary
Activity: 2632
Merit: 1023
April 20, 2017, 09:20:48 PM
#4
Why is BTC up with the BU/ Segwit and dev roadblock.

any views?

You mean the miner roadblock? It's the miners who can't come to agreement on any proposal.

i did not mean either, raver referring to DEV in the larger sense of coin tec dev that has come to a halt and the implications for future DEV. No "dev" and in segwit supporters that are sometimes referred to dev
sr. member
Activity: 462
Merit: 263
The devil is in the detail.
April 20, 2017, 07:14:55 PM
#3
Why is BTC up with the BU/ Segwit and dev roadblock.

any views?

You mean the miner roadblock? It's the miners who can't come to agreement on any proposal.
hero member
Activity: 1918
Merit: 564
April 20, 2017, 06:16:34 PM
#2
Scaling maybe one part of negative issue but it does not cover the whole of Bitcoin movement.  Smart contract is getting to Bitcoin this June and  another factor that affect Bitcoin price is adoption.  As you can see, Japan after announcing and accepting Bitcoin as money, its merchants started accepting and using Bitcoin.  This bring in new users and adopters that creates demand to Bitcoin.  Aside from that some countries like Poland have a positive view over Bitcoin and its technology.  So probably this coming smart contract and friendly gesture of some country to Bitcoin created a hype and thus BTC price go up.
legendary
Activity: 2632
Merit: 1023
April 20, 2017, 05:26:37 PM
#1
Why is BTC up with the BU/ Segwit and dev roadblock.

any views?
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