Topic: Did we all got tricked by some huge players? (Read 2062 times)

doesnt bitcoin always go down at the weekend, the price still looks pretty good $ 819.93.

all aboard scamcoin.... this will be huge.... get in on that pump and retire for good in a lap of luxury.

 Okay, here goes. Just realize that this is only my opinion, and my holdings.

 Plus listed later below is what I will be extremely likely to again purchase as soon as the prices are more attractive (I believe the ones I do not currently hold have further to drop in the near term, so I patiently wait for now, at least until something convinces me to act otherwise).

 So realize that the order in which my holdings are listed are not exactly the order in which I rank them, but instead one needs to fill in the gaps that I wont bother filling in here. Just realize that if I still hold them, then surely I treasure them. And even if I don't currently hold them, I might still treasure them even more than most of those I currently hold. A bit confusing, yes. With the pun in the "bit" part being fully intentional.


1st a few notes:
------------------

 Many people around these parts just are not objective, nor honest, much less ethical. It's Greed gone wild for many in these parts. Beware. I am not trying to mislead anyone. But the reader can't be assured of that. Nor should they take anything I state at face value, and certainly not anything anyone else states at face value either. Far too much conflicts of interests in these parts to take anyone at face value. Always VERIFY. Trust your own instincts, not someone elses. Not mine, not anyone's, only yourself.

 Never trust a Broker, or a Banker. But always trust your own Lawyer. Those are some golden rules. The moral to this story is don't trust anyone with Money.

 "You can trust people to a point. That point is money".

 An old ex lawyer of mine taught me that one, while forcing someone else to pay me my money. Nuff said there. Take that advice to heart. Only trust yourself when it comes to money. Sure, some can be trusted, but many can't. And young people would be shocked to know that many/most can't be trusted very far. Not soon enough you will learn that though, if not already.

 
 So without further ado:
---------------------------

Crypto I currently now hold and will continue to hold tightly:
======================================

The following are listed in alphabetical order:
--------------------------------------------------

Anoncoin (ANC)

Bitcoin (BTC)

CryptoGenic Bullion (CGB)

Cosmoscoin (CMC)

Digitalcoin (DGC)

Litecoin (LTC)

Megacoin (MEC)

Peercoin (PPC)

Protoshares (PTS)

Securecoin (SRC)

Sexcoin (SXC)

Worldcoin (WDC)


The Following below are one's I recently sold, with the intention to repurchase as soon as their prices drop.

BTB***
DVC*****
DMD*****
FTC*
FRK*****
NMC*****
NVC*****
XPM*****
QRK***
TAG***

DOGE* (edit, I forgot about this one, since I recently again mined it for about 40 hours it wasn't on my list)
             Prior I had mined it for about a day, and sold those since the Technicals (chart) grew ever worse.

* = Not well loved by myself, I don't care for it's name, but certainly a strong contender.
*** = highly valued by myself, but currently overpriced imo.
***** = imo not being well supported and/or marketed.


NOTE: I trade some Crypto's, such as BTB, I buy low, sell high, and then rinse, and repeat, or try to.
This is how I made about 1/3 of my Crypto Stash. And how I hope to continue to do so, but it's getting
tougher and tougher, as well as much more risky to do so. Yet it was always extremely risky, and ever more risky. Beware, it's extremely high risk even if one has got decades of casual trading experiences trading stocks, bonds, options, futures, the Forex, and more (myself).

 My best advice, don't try to make money trading, and certainly not "day trading". I wont dare "day trade" at all, in anything, it's not smart, never was. Except for market pro's with money to burn. Don't do so unless your a seasoned, veteran trader with tons of losses and wins under your belt. Otherwise you too are extremely apt to become the hunted, instead of the hunter. Then again we all had to pay our dues. But all one has to do is go ask any pro and they will almost certainly offer the same advice. I "swing trade", but even that is like playing with a live grenade. So whatever.

 By all means be some prey. Fresh meat is always welcome, lol... Hopefully that got the message through to your brain!


Note: At $30 BTB will again be a half decent value. Until then it wont likely be near the bottom of it's trading
         range. Lately I buy it at around $30 and Sell it at around $80, rinse, repeat. It like CGB is a strong
         Store of Value, but I don't typically trade CGB. I merely hold CGB tightly instead, for fear it will some
         day soon it will finally soar, and never again be anywhere near as cheap.
         The Same might be true of BTB too, but it doesn't have a strong team behind it, nor a genus developer,
         nor a very strong marketing team, nor a strong community. At least not yet. When BTB has all that,
         then I will tightly retain it too. Till then, I trade it. Correction: no one knows who the developer of BTB
         really is. Much less how talented they really are. At least not so far, at least I don't. It's a mystery too.

        QRK - Well if one loves QRK, then one must be mad over SRC, since it's much more secure, and much
                  more rare, and a much better value. Then again most are irrational, and don't weight
                  fundamentals at all. Measure both the fundamentals and the technicals, equally. Focus on both.
                  But when one screams sell, then one best SELL. Unless something else guides one to strongly do
                  otherwise. And even then it's time to question every last thing twice. And once more after that!

        DOGE - WOW... Anyway, for us oldtimers, we don't get DOGE, except that it's caught on amongst the
                    new crowd. That we get. That we get loud and clear! That's fine and maybe it sticks around, and
                    keeps growing stronger. But best to call it "doegee" coin, and nothing else at all, cause anything
                    else isn't so cool, imo. At any rate I am shocked it's so strong.

                     I believe us old dogs were tricked by DOGE developers into laughing it off, so they and the other
                    newbies could grab it for themselves. Smart, very smart. But enough with the silly slogans. Get
                    serious, if one wants to be taken seriously.

                     I don't know what to make of DOGE. It's not so great, much like Litecoin. It's fine, just like LTC
                    is, really, but their both not like other Masterpieces. Of course it doesn't take a masterpiece of
                    fundamentals to take a huge lead. Bitcoin proved that. Bitcoin isn't a masterpiece of
                    fundamentals either. But it's fine. Fine enough. Very secure. And extremely well developed,
                    extremely well supported, and extremely well marketed, and being forced into the marketplace,
                    and through governments. Of course most of the heavy lifting is being done by the deepest
                    pockets, both in and out of bitcoins. Things are being lubricated, shall we say. There's lessons to
                    be learned there. Otherwise it doesn't look bright for the other Crypto's. At least imo, that's the
                    real situation the rest face, in the real scheme of things. Reality is a harsh thing. Most can't
                    accept it. There it is. All laid out to grit and growl over. Seems greed gets them every time. At
                    least some in Bitcoin are not too greedy for their own good! (hint).


 Masterpieces are as follows: ANC, BTB, BTC, CMC, CGB, DMD, NMC, NVC, PPC, QRK, SRC, SXC, XPM, XRP.
Even though I list these all as masterpieces it doesn't mean they are, or that I consider them all that. But technically, or fundamentally, or in some way, or another, their all breakthrough masterpieces, of sorts. Some much less so than others. Some can argue and make a case that LTC is a masterpiece too. I suppose it is, but I don't think of it that way, at all. Yet it did break free from SHA256 so it did carve it's very own trail, so to speak. Still, that alone, and making it more abundant doesn't make for a masterpiece in my own playbook. But aiming something at 1/3 of all websurfing sure does (SXC), especially when almost no one wants that kind of purchase transaction appearing on their visa card, or bank cards. So there. Now you know why I named it a masterpiece, that reason, and for a strong community supporting it, and trying to force it into the marketplace. But not for it's very fundamentals at all. Nope.

 Only BTB, CMC, CGB, DMD, NVC, PPC, QRK, SRC & XRP get the nod for being Fundamental Masterpieces.

 And only BTB, CMC, CGB, NVC, PPC QRK, SRC & XRP are classic, wonderfully designed Masterpieces. Much to others horror and/or sorrow, I should add. Still, that doesn't spell sucess either, not all by itself. Other types have their pluses too. Not to take anything away from them. But these are fundamentally superior imo.

 Even that alone isn't enough. They must also be well supported, well marketed, and practically forced into the mainstream marketplace. Not to mention be made dummy proof, and extremely safe to utilize by everyone.

 Those are tall orders. Figure it's all done and made to happen by December 31st 2014 for Bitcoin. Yes, it will be done. Count on it. Their doing it. We're doing it. It will get done! And with others finally hot on it's heels, maybe. Or not!?! It's all up to the others, and their supporters. No one else is going to do it for them. Bitcoin's biggest boosters sure as hell wont help. Why would they? There is nothing in it for them to do so!
                
 It merely takes a great name to make or break a coin. But even a silly name may not break a coin if it's very well marketed, and forced into the mainstream. And merely a great name and great fundamentals wont make a coin a long term sucess. Not a chance. ZERO. None. Nada. Zip. Forgetaboutit. Ain't happening. It takes lots of heavy lifting, work, efforts, and m-o-n-e-y (lubrication, into other peoples pockets).

And any others that show strong demand, such as DOGE. Or suddenly start being forced into the Marketplace.
Well, like I just said. See? There we go.

 2014 is all about MARKETING. More so than everything else combined. Any up and coming Crypto's had best get to the scene FAST, or risk never having hardly any chance at all. It's that First Movers Advantage thing ya know!


For Newbies:
                  
Learn theseTerms below, Learn everything about Crypto-Currencies that one possibly can, Only then can one use that to make gains starting here, today forward. And learn from what I just offered here. That's more than anyone else is apt to hand you on a free menu, much less be 100% accurately valid for 2014.

PoW = Proof of Work. What Bitcoin is based upon. That, and the extremely secure SHA256 Algorithm.

PoS = Proof of Stake, and how it offers Interest through Minting, for holders of it, if they hold & mint it properly.

PoW/PoS Hybrids = PPC was the 1st, & NVC the 2nd, and unlike PPC which is a SHA256 based coin, where as
                             NVC is based on LTC's extremely secure Scrypt Algorithm, and thus still widely GPU
                             mined.

Ever declining amounts of total Crypto
========================
Digital Rot
Lost Wallets
Lost Pass-Phrases
---------------------
       = less and less total numbers of each and every Crypto Currency.

Thus their all inherently deflationary, except the one's with enough PoS, that increases total supplies at least as fast Digital Rot, Lost Wallets, and Loss pass-phases lose coins.

 Then realize that the masses wont freely spend a Deflationary currency such as Bitcoin freely forever, not when they figure out that it's a wonderful Store of Value instead of a wonderful Medium of Exchange.

 So there. I just handed you the keys to understand why there is absolutely a major pathway for at least another Crypto, if not dozens, to end up as wonderful Mediums of Exchange, just like the US Dollar (technically the FED's Dollar, a private banking cartel, a criminal one). Fact is the dollar moves freely. And so too will any digital Crypto that isn't horded, like Bitshit. Yea, there's that rub. But it is Gold 2.0, really, It's awesome, no kidding. All kidding aside, it's really Gold 2.0 But...CGB is Gold 42.0 and so is BTB, if it ever gets it's act together that is. So far BTB can get itself out of it's own way, let alone get moving. Just up and down like a yoyo. Get used to that, unless BTB gets it's act fully together.

 So learn what these terms mean. Otherwise your apt to be burning your saving up in vain. Either that, or merely grab some Bitcoin for now, and ride the BitcoinExpress, that's the lazy man's ticket, and maybe the smart ticket, since the rest are merely still in their infancy, and have yet to arrive in the market. This is a real mine field. A killing field. Don't be fooled into thinking anything else. Sure, some of these are apt to be huge winners.

 I used to think I could pick at least several of the futures winners. Not anymore. I quit kidding myself. Heck, I don't even know if Bitcoin can fend off all these masterpieces I mentioned above for very long. In 2 to 5 years Bitcoin too may be an also ran, and fighting for survival too, once again. I seriously doubt it, but it's certainly a possibility. Especially if governments finally break free from domination by the the worlds wealthy Ruling Elite (the International, Wealthy Elite, Ruling Banksters). After all, their the real rulers of our world; the Banksters, just in case your still confused on that fact. Not governments. Governments are merely their servants. Just like the rest of us. Only those government servents usually have better paychecks for the most part, and fatter pension plans, at least these days they certainly usually do.

 It's past time to slay the Banksters rein. Let's do them the same way they done us. And if governments jump into this arena, then by all means re-evaluate, fast. It wont surprise me if they do. Or if Satoshi ends up being part of a black ops government lead movement to cast aside the Banksters. After all, Satoshi has how many Bitcoins?

https://www.youtube.com/watch?v=AWtNeaZxT54
https://bitcointalk.org/index.php?topic=37333.0;all
http://bitslog.wordpress.com/2013/04/24/satoshi-s-fortune-a-more-accurate-figure/
http://motherboard.vice.com/blog/bitcoin-mints-its-first-billionaire-satoshi-nakamoto
http://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/

Off Topic:
-----------
  It may be that things go from bad to unthinkable quite soon in our world around us. If so, then expect history to again fully rhyme. But it's also likely that Crypto will shine if that does in fact occur. (an Economic Crash), which is in fact already occurring in certain parts of the 1st world already. And it will surely spread. But the question remains will things fall completely apart and have to be hard "rebooted"? If so, then Crypto is apt to shine brightly, and rather FAST too, maybe. But we may all merely muddle through this much like Japan has done for over two decades now. That would be slow motion agony. But that instead may be all our futures. Either way the future will shine brightly again, but it may take quite some time before it does for most. Still, it's okay. Or at least it will be, sooner or later, for many. Again. Hopefully for most this time around, instead for just merely a billion or so. Much to the chagrin of many too, or so I figure.

 Regardless, the masses are fed up with Banksters and even certain Governments dictating and controlling our Currencies. Their the worst crooks. And deserve to be treated as such, to be blunt. Crypto checkmates their rein. May it end the monetary insanity of debt based fiat too, and fractional reserve banking. Or at least force monetary and fiscal prudence amongst all governments.

 That's why Crypto-Currencies was created in the first place, or seemingly so, just in case no one yet pointed that out!

 Of course some are here merely to try and get rich quick, or make a fast buck. Well, not hardly anyone just drifting in is going to get rich anymore, and those in it for a fast buck, damn the rest..., well their not thinking straight either. That's part of human nature too. But then they don't realize their likely the fish, and not the sharks, but instead the prey. And are going to be eaten just like sharks eat smaller fish. That's nature. That's capitalism, like it or not. It's the best system ever devised yet, but it needs checks and balances. And prudent regulations, believe it or not. (Just look what happened when they again deregulated the financial sector for evidence of why I stated what I just did). Enough...


Caveat emptor - let the buyer beware!

We'll just go enjoy this vid and remember: "Follow the leader"

http://www.youtube.com/watch?v=Y8zzG4n8CpM

That's good. I'm looking to buy kitteh.

Yep. BTC and LTC are not hurt because we have to use them to buy cryptos.

Also, a few coins are available to purchase and sell with USD. Get your Quark, LTC, PPC, whatever here: https://www.coinmkt.com/

all crypto will die one day. It's just a fad, but until then I'll buy all your coin as a favor at $1 USD per btc.

It means no movement?

Wrong.

"it means we automatically selling them"

it also means we automatically buying them.

BTC and LTC can't move up because we have to use them to buy other alts. It means we automatically selling them. cryptocurrency/USD exchanges would solve that problem. Now BTC and LTC are just attached to other alts.

NO! CANCEL ALL YOUR MINING ORDERS AND DESTROY YOUR RIGS!

Doge was mined pretty fast, yeah, I guess its similar to QRK.

Quark's mining started the day it was announced on this site, and early site members here got the majority of the blocks. The dev got a good number, but I've been through the thread many times and a few other miners made most of the coins...And subsequently dumped them way too early (1/50th of their current value).

I think these coins have interesting economic models though. Quark knew what it was doing, sure. Reward the early investors and create a system that always has coins being generated at a fixed rate so its non-deflationary (versus Bitcoin's flawed deflationary model).

I like that Doge is considering adopting the Quark model and having 5 billion Doges created a year.

Either way interesting economic experiment!

hehehe lesson lernt

I agree. After some time, sooner or later, new top might be higher than this one. Don't sell with loss, especially any bigger loss.

My personal opinion is if we sell our coins today we will be tricked again. Fat fingers will buy and pump again. We can't buy at these level again if we give out our coins. So hooooold.

 

Look at the post above. 130k usd from overstocks daily earning is smaller amount than 244 BTC from one big pump from only one big player.

That's it.

Maybe one big pumper don't need so much Bitcoins and he sell them to usd.

What about few big pumpers? How much bitcoins do they need and how much USD do they need?

And people are playing now with DOGE and MOON and other coins.

Advice before buying some coins is to look at the graphs and see how much coin rose from the bottom.

I am having a little trouble figuring out your first question. But the drop in price today may just a normal supply/demand adjustment. I suspect that new big players like overstock may be changing the price dynamic. In the first day overstock was open the claim to have grossed $130k in BTC sales. All those coins were sold the same day and dumped on the market. Each day they cash out we see btc for sale that may have been hoarded last year.

I support anyones right to make any coin they want. Still, 99.9% of alt coins are done the moment the creator has convinced someone to pay for them. That is what they are for. To quickly make a few hundred bucks for a few guys. They are not going to survive. Doggy coins, coinye west coins, ...? Oh please.
A lot of new users come here and read about alts as just like bitcoin. But they aren't are they?  

Look at this post from hasar:

https://bitcointalksearch.org/topic/m.4708634

DOGE and MOON pumping are finished, seems so. Guy earned 244 BTC there. You can still try playing with these coins but it will happen nothing till the next pump or dump. That guy Fontase_bter now has your money for the new pump and dump.

Where is this 100X figure coming from? DOGE was about 5% mined when I started mining it myself about a week in. And it also wasn't deliberately insta-mined like QRK was. Nobody expected anything much of DOGE, including the dev himself. DOGE was about as a fair coin launch as it gets. QRK on the other hand the devs knew what they were trying to do.

Yes, I just bought Meowcoins, there seem to rise the last two days slowly, and when they come on the markedcap they will jump high. At least thats what I am hoping for.

Yesterday, I bought tips and it worked out. I just need few times more luck and I am in the game.

Hahaha tricked by 13 year old boys. This is indeed very likely here :-)