China has turned Bitcoin into World's largest Casino & Fooled you all

smoothie

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LEALANA Bitcoin Grim Reaper

Quote from: cosmofly on February 26, 2014, 05:41:03 AM

Quote from: El Dude on February 26, 2014, 05:37:53 AM

u must be new here.

I studied Bitcoin bubbles crashes heavily before and the current market behaviour is NOT natural, 100% Chinese manipulated. They just don't give anyone a chance to buy in low, they force everyone to buy high then sell off to the coins to the next pig.

You can check back this thread on or before March 16 to see i'm right, there will be another proper crash when they are done playing art of war

Looks natural to me.

Roll Eyes

abacus

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a clockwork miner

Quote from: ?? on ??

Quote from: abacus on February 26, 2014, 10:12:28 AM

Quote from: cosmofly on February 26, 2014, 05:36:31 AM

Bitcoin is not ~~a safe~~ an investment. ~~anymore.~~

FTFY.

Yep, you fixed that better.

Honeypot

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Well, I guess I fucked over some chinese then...because I definitely bought low and sold high

Elwar

legendary

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Viva Ut Vivas

I have made a lot of money off of the Bitcoin volatility. Am I doing all of those things you were talking about?

All I do is buy when everyone is shitting their pants and hold off from buying when the price is skyrocketing.

Am I a Chinese genius?

abit2slo

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Quote from: zhangweiwu on February 27, 2014, 03:23:01 AM

Quote from: cosmofly on February 26, 2014, 05:36:31 AM

I will also explain it to u in once setence: CHINESE AREA NOT ALLOWING BITCOIN TO CORRECT/BOTTOM UP PROPERLY, THEY ARE EXTENDING EVERY DAMN CAPITULATION AND MAKING YOU ALL BANKRUPT.

Untrue. Doesn't match the market sentiment that I observed in China. And calm youself down, the price will bottom up, give the market some breathing room and don't let emotion carries you. Cheap coins aren't bad, e.g. it avoids the public impression that bitcoin investors are insane, buying at the bad news (MtGox), and it gives some room for MtGox's bidder to build portfolio. And even if your reason is correct, your wording better be "with China bitcoin is turning into ...", because China is too big to be personalized.

True words! Everyone is on emotions right now so we can't 100% see what's going on, we need to calm down, only cold minds can see what's happening and what to do

zhangweiwu

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Quote from: cosmofly on February 26, 2014, 05:36:31 AM

I will also explain it to u in once setence: CHINESE AREA NOT ALLOWING BITCOIN TO CORRECT/BOTTOM UP PROPERLY, THEY ARE EXTENDING EVERY DAMN CAPITULATION AND MAKING YOU ALL BANKRUPT.

Untrue. Doesn't match the market sentiment that I observed in China. And calm youself down, the price will bottom up, give the market some breathing room and don't let emotion carries you. Cheap coins aren't bad, e.g. it avoids the public impression that bitcoin investors are insane, buying at the bad news (MtGox), and it gives some room for MtGox's bidder to build portfolio. And even if your reason is correct, your wording better be "with China bitcoin is turning into ...", because China is too big to be personalized.

cosmofly

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PrimeDAO - An Adoption Engine for Open Finance

Quote from: BittBurger on February 26, 2014, 11:59:51 AM

Quote from: El Dude on February 26, 2014, 05:37:53 AM

u must be new here.

Always fewer than 100 posts.

Always.

-B-

i have 250 posts actually..

silverston

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SAPG Pre-Sale Live on Uniswap!

@Cosmosfly
How much you lost? Grin

Obi-Wan Coinobi

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oink oink

chesthing

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Cosmosfly, you are a fucking idiot retard who has only been proven to be wrong over and over. Join Biafore and fuck off to another forum, and welcome to my ignore list.

Cyberlight

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Welcome to my ignore list OP MTFCKR.

Buffer Overflow

legendary

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Quote from: cosmofly on February 26, 2014, 05:36:31 AM

Bitcoin is not a safe investment anymore.

Please tell us about the time it was.

af_newbie

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Quote from: seleme on February 26, 2014, 06:48:52 AM

Cosmo missed 400 bottom Grin

Or he shorted ~500

BittBurger

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Quote from: El Dude on February 26, 2014, 05:37:53 AM

u must be new here.

Always fewer than 100 posts.

Always.

-B-

ReBoRn

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Activity: 392

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Bitcoin will survive

Quote from: seldon on February 26, 2014, 07:29:26 AM

Quote from: cosmofly on February 26, 2014, 05:36:31 AM

Bitcoin is not a safe investment anymore.

NO WAY, REALLY? wow, thank you for this helpful post!

I am going to give award for best post of the year good luck Wink

Undone

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Quote from: cosmofly on February 26, 2014, 05:36:31 AM

CHINESE AREA NOT ALLOWING BITCOIN TO CORRECT/BOTTOM UP PROPERLY, THEY ARE EXTENDING EVERY DAMN CAPITULATION AND MAKING YOU ALL BANKRUPT. [/b]

All of us? No, not me.

Just assuming for a bit that you're correct, extending each capitulation isn't a bad thing, either.

Learn how to make some money off the bottoms, cosmofly, or gtfo.

abacus

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a clockwork miner

Quote from: cosmofly on February 26, 2014, 05:36:31 AM

Bitcoin is not a safe investment ~~anymore~~.

FTFY.

FelixOliver

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Quote from: cosmofly on February 26, 2014, 05:41:03 AM

They just don't give anyone a chance to buy in low, they force everyone to buy high then sell off to the coins to the next pig.

You can check back this thread on or before March 16 to see i'm right, there will be another proper crash when they are done playing art of war

I have bought Low dozens of times... sure have brain? has brain lost?

meanig

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Activity: 531

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Quote from: cosmofly on February 26, 2014, 05:36:31 AM

I am confident we are now at a stage where Chinese have turned bitcoin into the world's largest Casino. Bitcoin is not a safe investment anymore. I previously posted a highly read and hit piece called "The end of bitcoin as an investment" i still stick to that belief.

I will keep it easy for u all, just observe the way Bitcoin has crashed and gone up in the past 2 months. Every time we have a so called "capitulation" , the price shoots up very sharply and chinese start buying like crazy, the rest of the world goes like "omg omg i missed the dip oh noes let me buy yay im smart" then BOOM fucking SELL-OFF resulting in PIG BAG HOLDERS BLEEDING.

I will also explain it to u in once setence: CHINESE AREA NOT ALLOWING BITCOIN TO CORRECT/BOTTOM UP PROPERLY, THEY ARE EXTENDING EVERY DAMN CAPITULATION AND MAKING YOU ALL BANKRUPT.

A proper capitulation in ANY market means PRICE SUPER-CRASH (happened in all previous Bitcoin bubble), then BOTTOM is reached Price goes up quickly A LITTLE BIT not fucking $400 to $650 in one fucking day. And then the price stabilizes sideways for a little while before we go up. This is the normal markets, in a capitulation people are fearful and most new money is EXHAUSTED. if truly yesterday was the bottom we should've been at $480-$500 today, but it's not.

all i can say be careful, Chinese are playing a game and you are all filthy little peasant PIGLETS. The price will crash once more on or before March 16th.

Why don't you ask your real (and not imaginary) Thai girlfriend for her advice.

TERA

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If buying bitcoin against the log trendline and 200EMA isn't a safe time to buy then I can't imagine when would be. I'd have to give up bitcoin trading because there would be no strategy to follow.

seldon

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Quote from: cosmofly on February 26, 2014, 05:36:31 AM

Bitcoin is not a safe investment anymore.

NO WAY, REALLY? wow, thank you for this helpful post!

Easy2Mine

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Activity: 854

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einc.io

You are really new here and don't understand BTC volatility.
BTC volatility is already decreasing compared to the past.
Just ask yourself how many percentage we lost from all time high?
Lets look at the crash from summer 2011.
An all time high of 30+ dollar dropt to 15 dollar in a few days an then keep dropping to arround 2.5 dollar in a month time.
How much percentage is that?
If this scares you, you should even look further in BTC history.
BTC volatility is even greater than the one from summer 2011.

seleme

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Duelbits.com

Cosmo missed 400 bottom Grin

rograz

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Quote from: cosmofly on February 26, 2014, 05:36:31 AM

Bitcoin is not a safe investment anymore.

If someone actually told you that to begin with I suggest you stop listening to that person. There are no safe investments and particularly not Bitcoin.

medUSA

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--Signature Designs-- http://bit.ly/1Pjbx77

The chinese may have something to do with it, but it is nothing compared to the Wall Street, the Foundation, and early adopters can do.

maximum

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Quote from: cosmofly on February 26, 2014, 06:00:47 AM

Quote from: CrusaderTim on February 26, 2014, 05:46:19 AM

Bitcoin has a lot attention besides China, and only because biggest bubble and it's pop has caused by China does not mean it is a casino and it is the end.
All those bubbles and crashes had some serious reasons, it's not speculated for nothing.

i don't give a shit about "attention", just do ONE thing, go to chinese exchanges and see the volumes compare it to Bitstamp (peasant exchange), end of story.

i thought most of the chinese exchanges have such large volumes because of zero fees.

cosmofly

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PrimeDAO - An Adoption Engine for Open Finance

Quote from: CrusaderTim on February 26, 2014, 05:46:19 AM

Bitcoin has a lot attention besides China, and only because biggest bubble and it's pop has caused by China does not mean it is a casino and it is the end.
All those bubbles and crashes had some serious reasons, it's not speculated for nothing.

i don't give a shit about "attention", just do ONE thing, go to chinese exchanges and see the volumes compare it to Bitstamp (peasant exchange), end of story.

Paladin69

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Activity: 784

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Quote from: flower1024 on February 26, 2014, 05:46:50 AM

bitcoin is manipulated since exchanges exists.
just be smarter...

btw why do you think they are chinese? i have other people in my mind

I'm thinking the elite have decided to plug their nose and hedge their bets.

flower1024

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Activity: 1428

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bitcoin is manipulated since exchanges exists.
just be smarter...

btw why do you think they are chinese? i have other people in my mind

FierceRadish

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And why March 16th?

CrusaderTim

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Bitcoin has a lot attention besides China, and only because biggest bubble and it's pop has caused by China does not mean it is a casino and it is the end.
All those bubbles and crashes had some serious reasons, it's not speculated for nothing.

cosmofly

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Activity: 532

Merit: 100

PrimeDAO - An Adoption Engine for Open Finance

Quote from: El Dude on February 26, 2014, 05:37:53 AM

u must be new here.

I studied Bitcoin bubbles crashes heavily before and the current market behaviour is NOT natural, 100% Chinese manipulated. They just don't give anyone a chance to buy in low, they force everyone to buy high then sell off to the coins to the next pig.

You can check back this thread on or before March 16 to see i'm right, there will be another proper crash when they are done playing art of war

El Dude

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u must be new here.

cosmofly

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PrimeDAO - An Adoption Engine for Open Finance

I am confident we are now at a stage where Chinese have turned bitcoin into the world's largest Casino. Bitcoin is not a safe investment anymore. I previously posted a highly read and hit piece called "The end of bitcoin as an investment" i still stick to that belief.

I will keep it easy for u all, just observe the way Bitcoin has crashed and gone up in the past 2 months. Every time we have a so called "capitulation" , the price shoots up very sharply and chinese start buying like crazy, the rest of the world goes like "omg omg i missed the dip oh noes let me buy yay im smart" then BOOM fucking SELL-OFF resulting in PIG BAG HOLDERS BLEEDING.

I will also explain it to u in once setence: CHINESE AREA NOT ALLOWING BITCOIN TO CORRECT/BOTTOM UP PROPERLY, THEY ARE EXTENDING EVERY DAMN CAPITULATION AND MAKING YOU ALL BANKRUPT.

A proper capitulation in ANY market means PRICE SUPER-CRASH (happened in all previous Bitcoin bubble), then BOTTOM is reached Price goes up quickly A LITTLE BIT not fucking $400 to $650 in one fucking day. And then the price stabilizes sideways for a little while before we go up. This is the normal markets, in a capitulation people are fearful and most new money is EXHAUSTED. if truly yesterday was the bottom we should've been at $480-$500 today, but it's not.

all i can say be careful, Chinese are playing a game and you are all filthy little peasant PIGLETS. The price will crash once more on or before March 16th.

Topic: China has turned Bitcoin into World's largest Casino & Fooled you all (Read 4055 times)