For the bulls - page 3. | Bitcointalksearch.org

fewcoins

full member

Activity: 126

Merit: 100

Quote from: leopard2 on October 05, 2014, 12:09:19 PM

Willy bot was on Mtgox, right ... but on the other exchanges it was not the Willy bot but real money, driving prices over $1000.

Arbitrage from Gox to others was not possible because Gox did not pay out; thus; people with real money looked at Gox and bought (either at Gox or another exchange).

That real money that went into BTC at all other exchanges back then, is not gone, it is just sitting somewhere, and could return into BTC.

Actually it is not sitting somewhere... It is literally being dumped on the market now ever since $300

leopard2

legendary

Activity: 1372

Merit: 1014

Willy bot was on Mtgox, right ... but on the other exchanges it was not the Willy bot but real money, driving prices over $1000.

Arbitrage from Gox to others was not possible because Gox did not pay out; thus; people with real money looked at Gox and bought (either at Gox or another exchange).

That real money that went into BTC at all other exchanges back then, is not gone, it is just sitting somewhere, and could return into BTC.

piramida

legendary

Activity: 1176

Merit: 1010

Borsche

I don't know what you want to hear, but it is easy to start believing in false prophets when the times are hard. When there's blood on the streets, there's always a bunch of crazies announcing the end times; that is human nature, to seek like minded people to ease own pain.

xDan

hero member

Activity: 686

Merit: 500

ヽ( ㅇㅅㅇ)ﾉ ~!!

Quote from: BitcoinNewbie15 on October 05, 2014, 11:49:02 AM

Anyone?

Regarding trolls:
A brainless fool can yell "fire" in an oil refinery... He can even run around there with a lit match.

I blame speculation rather than any Willy bots. It was the first mainstream taste of Bitcoin, and lots of greedy people rushed in. People who didn't really understand the technology; and still don't. Maybe some are still finally cutting their losses and bailing out now. I assume professional speculators have fixed points at which they do this. Maybe a lot of those have triggered.

[also, I imagine some new speculators got in during the relative calm of the ~$600 price range, thinking that was the bottom. Maybe they are now getting out again. Maybe Draper is selling his coins!?]

Most any bull you meet is uncertain in the short term about price, but still long term bullish.

BitcoinNewbie15

sr. member

Activity: 574

Merit: 296

Bitcoin isn't a bubble. It's the pin!

Anyone?

BitcoinNewbie15

sr. member

Activity: 574

Merit: 296

Bitcoin isn't a bubble. It's the pin!

I have a question for the bulls... I am not falling, or any other "troll" account. But i have a few points for the bulls and i was wondering if you could counter them...

Points
- The winklevoss etf will actually be shot down
- just kidding im not doing that

Serious points
- Miners dumping thousands of BTC a day
- A lot of people say, that the only reason BTC hit 1k+ was because of the willy bot. Not to mention there was actually proof of the willy bot on mt gox.
prior to the willy bot, btc wasnt over 250. What if right now, the dust is settling and BTC is returning to what it should naturally be. Which means right now, BTC is currently overpriced
- Merchants convert BTC to USD instantly

And i think it is funny. I was like everyone on this forum a few months ago. I would look at a fallllling thread and laugh, not only at the grammatical errors, but also his crazy predictions. However, he and all the other "trolls" here, have been correct. Maybe they didnt get the time frames right, but they sure did get the prices right. and they can come back, and warn us some more, but we probably wont listen. But the price keeps falllling...

Topic: For the bulls - page 3. (Read 3632 times)