Topic: Everyone is panic selling their BTC - page 2. (Read 26162 times)
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
didn't the Chinese recently land on the moon and take pictures and it was revealed that the moon is actually not gray and dead looking after all but has green moss like growth and even purple hues
So, you spend your time on good things. In the SHORT term, bitcoin has been in the air but it's coming back to the earth, don't forget how to live on the earth 
I've already forgotten. How do you find a lost TV remote when it's not stuck to an air vent like usual? 
That was funny.
Speaking of going to the moon, do you think the US moon travel was fake? (Is this a cosmology forum? )
Of course not. More importantly, neither does Russia. Do people honesty think Russia would let the U.S. get away with that?)I don't know if it was fake or not, but check this site:
http://listverse.com/2012/12/28/10-reasons-the-moon-landings-could-be-a-hoax/
By the way, read the first comment. Since there were political reasons behind this subject, you find a lot of detailed reasons for both sides.
Some comments are really disappointing. Someone claimed: "what was the gain for the US?" Do you think he/she should has equal vote just like you?
if they can manipulate gold and silver price, just figure what they can do with the btc market. And just like with gold and silver, their aim is to scare little ppl out of the real value to keep them in their fiat ponzi scam. On the long term they're losing anyway with pm (looking at asian imports), so i hodl or buy both btc and pm when nice discounts appear and i've fiat surplus.
[edit] Related:
http://www.reddit.com/r/Bitcoin/comments/2cpew8/game_changer_bitcoin_research_at_the_federal/
https://pbs.twimg.com/media/BvEmp1GCMAAyp2K.png
[edit] Related:
http://www.reddit.com/r/Bitcoin/comments/2cpew8/game_changer_bitcoin_research_at_the_federal/
https://pbs.twimg.com/media/BvEmp1GCMAAyp2K.png
I have no doubt that central banks and governments are afraid. But, when he starts his writing with "I'm a trained economist with a B.S. in Computer Science, a M.S. in Operations Research, and a PhD in Econometrics" that almost guarantees that his "employer" could figure out who he is instantly, yet he claims he wants to remain anonymous. Thats a pretty rare combo of degrees. To me, it makes me VERY skeptical of this story
yes, it's probably bogus, but the fact that it seems plausible at first sight is good enough for me :-)
Actually I would believe this. In any paper you write, informal or not, you have to give your credentials and why people should listen to you. Pretty rare combo, sure.. The US government does not just hire anyone that "applies" - often they come to you. But yes, I am sure it is rare enough to single out who it is. But you have to realize it is probably not a big enough story to make the government "research" to figure out who he was. Now if he published the report and etc, than I am sure he would have to be a lot more anonymous.
The US government (IRS) has ruled BTC as property mainly for tax reasons. For them to even talk about something, research had to be done at some point. Truth or not, I am sure this has happened, and really - is it that hard to believe the government would try to hide something??
if they can manipulate gold and silver price, just figure what they can do with the btc market. And just like with gold and silver, their aim is to scare little ppl out of the real value to keep them in their fiat ponzi scam. On the long term they're losing anyway with pm (looking at asian imports), so i hodl or buy both btc and pm when nice discounts appear and i've fiat surplus.
[edit] Related:
http://www.reddit.com/r/Bitcoin/comments/2cpew8/game_changer_bitcoin_research_at_the_federal/
[edit] Related:
http://www.reddit.com/r/Bitcoin/comments/2cpew8/game_changer_bitcoin_research_at_the_federal/
I have no doubt that central banks and governments are afraid. But, when he starts his writing with "I'm a trained economist with a B.S. in Computer Science, a M.S. in Operations Research, and a PhD in Econometrics" that almost guarantees that his "employer" could figure out who he is instantly, yet he claims he wants to remain anonymous. Thats a pretty rare combo of degrees. To me, it makes me VERY skeptical of this story
yes, it's probably bogus, but the fact that it seems plausible at first sight is good enough for me :-)
And even if that happened, how would they 'hack' an exchange. .-.
Get a hold of their cold storage keys.. Would not take much..
If a currency can fall 8.5% in a day on no real bad news such as today just proves the cronies and knockers correct when they say its too risky and volatile. Imagine if there was actually some bad news, sheesh.
You are assuming that people in general are pushing this down, your wrong. It was a flash crash on bitfinex.com caused by deliberate manipulation, absolutely nothing to do with public sentiment or news.
Manipulation? It's disheartening to learn someone can hack into the exchanges and sell all the bitcoins, thats what I call bad sentiment!
thats not what market manipulation is...someone with a lot of coins sold them to trick the bots, no one hacked an exchange and sold other peoples coins..
And even if that happened, how would they 'hack' an exchange. .-.
I have no doubt that central banks and governments are afraid. But, when he starts his writing with "I'm a trained economist with a B.S. in Computer Science, a M.S. in Operations Research, and a PhD in Econometrics" that almost guarantees that his "employer" could figure out who he is instantly, yet he claims he wants to remain anonymous. Thats a pretty rare combo of degrees. To me, it makes me VERY skeptical of this story
Ya, that thing is littered with appeals to irrelevancy, particularly authority. Total fluff piece. 
Panic sell all they want. It looks like $500 is too low to be tolerated by people with cash.
the price is simply too high for the buyers, the bubble is still exploding, and KNC is still dumping like a lunatic
if they can manipulate gold and silver price, just figure what they can do with the btc market. And just like with gold and silver, their aim is to scare little ppl out of the real value to keep them in their fiat ponzi scam. On the long term they're losing anyway with pm (looking at asian imports), so i hodl or buy both btc and pm when nice discounts appear and i've fiat surplus.
[edit] Related:
http://www.reddit.com/r/Bitcoin/comments/2cpew8/game_changer_bitcoin_research_at_the_federal/
[edit] Related:
http://www.reddit.com/r/Bitcoin/comments/2cpew8/game_changer_bitcoin_research_at_the_federal/
I have no doubt that central banks and governments are afraid. But, when he starts his writing with "I'm a trained economist with a B.S. in Computer Science, a M.S. in Operations Research, and a PhD in Econometrics" that almost guarantees that his "employer" could figure out who he is instantly, yet he claims he wants to remain anonymous. Thats a pretty rare combo of degrees. To me, it makes me VERY skeptical of this story
Wait until the price went up from $500 to $700 and there will be panic buying instead.. for now just hold ...
if they can manipulate gold and silver price, just figure what they can do with the btc market. And just like with gold and silver, their aim is to scare little ppl out of the real value to keep them in their fiat ponzi scam. On the long term they're losing anyway with pm (looking at asian imports), so i hodl or buy both btc and pm when nice discounts appear and i've fiat surplus.
[edit] Related:
http://www.reddit.com/r/Bitcoin/comments/2cpew8/game_changer_bitcoin_research_at_the_federal/
[edit] Related:
http://www.reddit.com/r/Bitcoin/comments/2cpew8/game_changer_bitcoin_research_at_the_federal/
If a currency can fall 8.5% in a day on no real bad news such as today just proves the cronies and knockers correct when they say its too risky and volatile. Imagine if there was actually some bad news, sheesh.
You are assuming that people in general are pushing this down, your wrong. It was a flash crash on bitfinex.com caused by deliberate manipulation, absolutely nothing to do with public sentiment or news.
Manipulation? It's disheartening to learn someone can hack into the exchanges and sell all the bitcoins, thats what I call bad sentiment!
thats not what market manipulation is...someone with a lot of coins sold them to trick the bots, no one hacked an exchange and sold other peoples coins..
This. And I think now that people can profit both ways (long or short) manipulation is simply a given, both on the exchanges and on the forum. More arguments will appear in favour of bitcoins downfall, for profits sake. Is that good? Im not so sure. The sad thing the USD is more reliable atm as i dont see some russian nerd coming on to forex and knocking the usd down 8 % in a flash.
Yeah but now that manipulation is very difficult for not saying impossible, bitcoin doesnt depend on one exchange now and the volume is big enough to not be manipulated to easy by 1 or 2 people.
What, about 10,000 BTC per day on a major exchange? That's about US$ 5,000,000 of trades per day.
So a small hedge fund with, say US$ 25 million to play with could utterly dominate the BTC market for a week or more?
Meanwhile, the volume of trading in Apple shares alone, yesterday, was US$ 2.8 billion.
http://www.nasdaq.com/aspx/dailymarketstatistics.aspx
Ho ho.
So, you spend your time on good things. In the SHORT term, bitcoin has been in the air but it's coming back to the earth, don't forget how to live on the earth
I've already forgotten. How do you find a lost TV remote when it's not stuck to an air vent like usual? Speaking of going to the moon, do you think the US moon travel was fake? (Is this a cosmology forum? )
Of course not. More importantly, neither does Russia. Do people honesty think Russia would let the U.S. get away with that? )
I actually do understand people selling at least some of their BTC. What tr price currently is doing is worrying. Even if the bubble was just in the peoples minds, it not taking place means disappointed people who become scared as hell!
The last rally has a small price correction similar to this week.
So, tighten your seat belt.
So, tighten your seat belt.
Panic sell all they want. It looks like $500 is too low to be tolerated by people with cash.
I agree with you about inducing some panic sell, which I think they have been successful so far.Is this strategy convincing? We, as a group, sell our bitcoins, let's assume 3000 bitcoins, to the price range from 640 to 580$, (the figures are hypothetical). Then, the downtrend starts and people start to sell panic. When we see that downtrend slope is reducing, we start to buy 3000 bitcoins, let's assume at 460 to 520$. Now, others identify the uptrend and start to buy, so the price goes up. So, how much do we earn?
You can say it's not that easy. Maybe you are right, but maybe it's true.
Nice explanation! Are you astronomer or physics expert?
No, just someone with too much time on his hands. Besides, in the long term Bitcoin is going to the moon, so I figure I should know what to expect when we get there. 
So, you spend your time on good things. In the SHORT term, bitcoin has been in the air but it's coming back to the earth, don't forget how to live on the earth
Speaking of going to the moon, do you think the US moon travel was fake? (Is this a cosmology forum?
) 
If a currency can fall 8.5% in a day on no real bad news such as today just proves the cronies and knockers correct when they say its too risky and volatile. Imagine if there was actually some bad news, sheesh.
You are assuming that people in general are pushing this down, your wrong. It was a flash crash on bitfinex.com caused by deliberate manipulation, absolutely nothing to do with public sentiment or news.
Manipulation? It's disheartening to learn someone can hack into the exchanges and sell all the bitcoins, thats what I call bad sentiment!
thats not what market manipulation is...someone with a lot of coins sold them to trick the bots, no one hacked an exchange and sold other peoples coins..
Yeah but now that manipulation is very difficult for not saying impossible, bitcoin doesnt depend on one exchange now and the volume is big enough to not be manipulated to easy by 1 or 2 people.
If a currency can fall 8.5% in a day on no real bad news such as today just proves the cronies and knockers correct when they say its too risky and volatile. Imagine if there was actually some bad news, sheesh.
You are assuming that people in general are pushing this down, your wrong. It was a flash crash on bitfinex.com caused by deliberate manipulation, absolutely nothing to do with public sentiment or news.
Manipulation? It's disheartening to learn someone can hack into the exchanges and sell all the bitcoins, thats what I call bad sentiment!
thats not what market manipulation is...someone with a lot of coins sold them to trick the bots, no one hacked an exchange and sold other peoples coins..
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