Face up to reality: The game is over - page 28.

Qartersa

hero member

Activity: 868

Merit: 535

Quote from: Typex on January 22, 2018, 10:31:08 AM

Why would the whales slowly ruin their cash cow?

Basically because they wanted to get assurance that they go home with little money than going home with nothing at all. Otherwise stated, they are already too scared to risk. That is just it, and nothing more. They are definitely not intending to ruin their cash cow but are just in fact trying to save their asses should Bitcoin's price fail to recover in the long run. You know, this happens because priorities change through time. They may have believed in the power of cryptos a year ago and went all out for it, and now found themselves making certain assurances about every investment they have. THIS IS A-NORMAL. But to say the game is over is outright a crybaby because 2018 has just began. As what they say, winners never quit; quitters never win. So, are you yay or nay?

WalkinRobbie

newbie

Activity: 42

Merit: 0

This is all it seems to me also, they are selling , we are buying dips and then they sell more, I never really understood market manipulation but this is making it all clear.

Now hoping this drops down to under 1K even $500 so hopefully this is just a non stop cycle ever 5 years for whales to make massive money and people who have money to buy in big on the 95% dips will make massive money and then this all repeats again and again

DROP IT to $150 so I can buy in for a lot and start joining in this circle of maniuplation

rwishva

newbie

Activity: 26

Merit: 1

most of the BTC buyers are waiting to buy but there were several dips until now. but where are buyers? why still were buyers not able to take the main wheel into their hands? Huh

Lordas

member

Activity: 142

Merit: 10

I expect even bigger drop to buy more coins at cheap.

salihno71_1

newbie

Activity: 27

Merit: 0

Quote from: Dapper on January 30, 2018, 10:51:35 PM

Quote from: The_Dark_Knight on January 30, 2018, 10:37:07 PM

Quote from: freightjoe on January 23, 2018, 10:03:14 AM

Quote from: Ewox on January 22, 2018, 09:33:14 PM

You do have a point because most of these newbies and hodlers are all waiting for the “dip” so they could hoard a couple of bitcoins because of being hopeful that someday or maybe within this year bitcoin would skyrocketing again just like what happened around November and December last year. But I do hope the game isn’t over yet though, a lot could loose their money over this dipping.

Unfortunately a lot will indeed lose their money over this. They were warned multiple times in recent months - but, hey, what can you do when people commit themselves to a cult and leave all sanity at he doorstep in the hope of getting rich quick with no work to put in. Ain't no such thing as a free lunch.

If you are so against bitcoin and you think it is over, can we ask what are you doing wasting your precious time in a bitcoin forum? I suppose there are many other things that you could be doing that could bring better benefits, maybe not financial benefits, but anything else that could bring you joy instead of dealing with people like us that believe in bitcoin.

Actually this type of behavior can be seen in a lot of online forums. It's an expression of bitterness. I also participate in an aviation forum and a few skiing forums. There are the same certain folks who also seem to have incredibly negative views against certain models of aircraft, airlines, and even who seem to have developed a hatred for certain ski resorts (yes, it's somehow possible).

This guy freightjoe spreads FUD big time. Just checks his previous posts.

Jaya912

full member

Activity: 280

Merit: 101

Quote from: daniweb on January 22, 2018, 10:01:07 AM

I have experienced four big drops since I am into cryptocurrency. After every drop the price raised a lot and it went higher that it was before. I don't think the game is over now

the game is not over yet and will not over so easy like this.
this all big correction happen because very unreasonable thing. all the news were just fake.
as the loyal bitcoiner, i still believe bitcoin and friend will rise again.

deviltasha

jr. member

Activity: 308

Merit: 2

Quote from: freightjoe on January 22, 2018, 09:59:26 AM

The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.

I am not too long in crypto industry, but when I was entering first thing I did was looking through statistics and history, and I noticed that the price is never stable, so I thought about it even in the end of 2017, and now I am not surprised. Yes, it is little bit depressing to see falling price, but still I do not understand your idea of posting all these.

Doge dealer

sr. member

Activity: 462

Merit: 252

one of the great things about bitcoins is that its decentralized and no one person can lead it in any particular direction , what your suggesting actually works in the favor of bitcoins because if by whales you mean the "bigwigs" it simple means every time they sell some coins they give away some of there hold and power and that would indeed be good for the overall platform , because this feature of decentralization is one of the pillars of bitcoins. The prices that go up and down is one of the best feature as well because it allows newbies to be able enter the market with some hope of re cooping there investment and making a profit on this said investment .

Quonelet

newbie

Activity: 29

Merit: 0

Quote from: freightjoe on January 22, 2018, 09:59:26 AM

The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.

You are right they are stupid people, but there are still many who are using it to make a profit. Not all "holders" are fools; I think those who follow FOMO are the fools who kill themselves.

De Suga09

full member

Activity: 352

Merit: 125

Quote from: daniweb on January 22, 2018, 10:01:07 AM

I have experienced four big drops since I am into cryptocurrency. After every drop the price raised a lot and it went higher that it was before. I don't think the game is over now

I strongly disagree. Just like any other market, bitcoin also has its ups and downs. Bitcoin will not stay on its down low condition. If everyone is kist aware on how stock market goes, bitcoin I believe will behave in the same manner.

Dapper

sr. member

Activity: 560

Merit: 260

Quote from: The_Dark_Knight on January 30, 2018, 10:37:07 PM

Quote from: freightjoe on January 23, 2018, 10:03:14 AM

Quote from: Ewox on January 22, 2018, 09:33:14 PM

You do have a point because most of these newbies and hodlers are all waiting for the “dip” so they could hoard a couple of bitcoins because of being hopeful that someday or maybe within this year bitcoin would skyrocketing again just like what happened around November and December last year. But I do hope the game isn’t over yet though, a lot could loose their money over this dipping.

Unfortunately a lot will indeed lose their money over this. They were warned multiple times in recent months - but, hey, what can you do when people commit themselves to a cult and leave all sanity at he doorstep in the hope of getting rich quick with no work to put in. Ain't no such thing as a free lunch.

If you are so against bitcoin and you think it is over, can we ask what are you doing wasting your precious time in a bitcoin forum? I suppose there are many other things that you could be doing that could bring better benefits, maybe not financial benefits, but anything else that could bring you joy instead of dealing with people like us that believe in bitcoin.

Actually this type of behavior can be seen in a lot of online forums. It's an expression of bitterness. I also participate in an aviation forum and a few skiing forums. There are the same certain folks who also seem to have incredibly negative views against certain models of aircraft, airlines, and even who seem to have developed a hatred for certain ski resorts (yes, it's somehow possible).

Harlot

hero member

Activity: 1806

Merit: 672

Why lose hope now? It has just been over a month and you are sounding like any newbie posting about Bitcoin being a bubble or something similar. When you yourself have realized the pattern of how it drops down, you should have took it as an advantage eventually if Bitcoin has found its new bottom many people will struggle to buy it at the cheapest price possible even the whales will start to push the price back up as they know that the down trend is over. We are now having lower highs which means the next top will possibly be lower than 11,900$ but be prepared to sell it during that time if it does not break during that level.

Nicole888

newbie

Activity: 47

Merit: 0

In fact, there is no end of the game, the investment is already a long-term matter, if everyone in your mind, then I think there is no investment to make money

usechain

full member

Activity: 246

Merit: 102

Quote from: kasansa on January 22, 2018, 07:58:29 PM

Quote from: freightjoe on January 22, 2018, 09:59:26 AM

The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.

I think that you are totally explaining what happens actually in the market.Usually big whales create panic among newbies by spreading FUD and make price drop.Also they sell some of their bitcoins to drop the price more.Then they start to buy cheap bitcoins and increase their holding.Since new investors enter all the time in to bitcoin market,big whales continue to use this phenomenon.

I've always been optimistic about bitcoin, and I think its price will skyrocket each time it plunges. The whale trick makes me think that it is despicable only because Increasing your bitcoin holdings can create the illusion of panic, and newbies are only fooled.

The_Dark_Knight

hero member

Activity: 840

Merit: 502

Quote from: freightjoe on January 23, 2018, 10:03:14 AM

Quote from: Ewox on January 22, 2018, 09:33:14 PM

You do have a point because most of these newbies and hodlers are all waiting for the “dip” so they could hoard a couple of bitcoins because of being hopeful that someday or maybe within this year bitcoin would skyrocketing again just like what happened around November and December last year. But I do hope the game isn’t over yet though, a lot could loose their money over this dipping.

Unfortunately a lot will indeed lose their money over this. They were warned multiple times in recent months - but, hey, what can you do when people commit themselves to a cult and leave all sanity at he doorstep in the hope of getting rich quick with no work to put in. Ain't no such thing as a free lunch.

If you are so against bitcoin and you think it is over, can we ask what are you doing wasting your precious time in a bitcoin forum? I suppose there are many other things that you could be doing that could bring better benefits, maybe not financial benefits, but anything else that could bring you joy instead of dealing with people like us that believe in bitcoin.

Edrian

full member

Activity: 280

Merit: 100

Quote from: freightjoe on January 22, 2018, 09:59:26 AM

The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.

If that's the case then its time to shift on another altcoin. But still, my faith at bitcoin is still there, I would say it's not over until its really over, I lost investments because I put a huge amount of my money when bitcoin is soaring high and now that it was deflated hugely, I can't take my remaining bitcoins. I don't care if bitcoin drops to zero. because, first of all before I invested in bitcoin, I know that if I put my money on this kind of investment it's risky it has 50/50 chance to gain or lose, then so be it.

Another thing, not only bitcoin drops this year it happens also to the stock market, Another reason for the bitcoin dropping its value is because of South Korea regulating bitcoin, but lots of lots of Korean people signing a petition to stop the regulation of bitcoin.

senin

full member

Activity: 938

Merit: 137

Quote from: freightjoe on January 22, 2018, 09:59:26 AM

The development since late December shows very clearly what is happening.

The whales - and anyone else with half a financial brain - are slowly selling all their bitcoin. As they sell, prices begin to drop sharply. They then hold back on the selling and newbies and "HODL'ers" are foolish enough to "buy the dip". This sends the price back up.

It then repeats with rates dropping again, until the newbies and "HODL'ers" buy the dip once more.

Except on every round the dip gets deeper and deeper.

The game is over, and anyone so stupendously stupid to keep buying from the whales who are unloading are basically just throwing their money away.

Face up to reality, the party is over.

Yes, but if the whales sold their bitcoins and the newcomers bought them, again increasing the price, how will the bitcoins again be in the whales? After all, they have already sold their bitcoins? Or do whales have a lot of bitcoins and each time they sell their bitcoins in parts? I do not see any sense in this logic.

blinchain

member

Activity: 112

Merit: 15

The game will never end, whales give up bitcoin Although the price of bitcoin will fluctuate, but it is impossible to make bitcoin dead, blockchain technology is a reform of innovation, will be useful worldwide, Bitcoin, as the first cryptocurrency in the blockchain, I believe, is not that easy to end.

WhaleHunter

member

Activity: 187

Merit: 10

Every time the whales play their game and crash the price to re-buy cheaper, it seems that the game is over. Let's see if also this time Bitcoin will then rise to new heights after that game is complete.

Kprawn

legendary

Activity: 1904

Merit: 1074

Ok, If you say so. Please sell us your 0.5 BTC @ $2000 {if you have that many} so that we can go on doing what we are

doing and come December 2018, take huge profits. Every time during this year, we get this negativity and when the price

goes through the roof, like it did December.... people come back to the forum, complaining that they panicked and sold, when

the price took a dip. Roll Eyes

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