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Topic: It's over. The Ponzi scheme is coming down. Goodnight sweet bitcoin. - page 2. (Read 9922 times)

sr. member
Activity: 462
Merit: 250
Yeah, the fear selling...But since this is widely known, why does it keep happening AGAIN and AGAIN?

Because people invest with money they are truly not willing to lose, they have a huge emotional attachment and the thought of their $1000 investment being worth $300 is too much to swallow, so they take the $500 loss and move on. Only to regret it 6 months later when the price has recovered +a big %.
hero member
Activity: 490
Merit: 500
Yeah, the fear selling...But since this is widely known, why does it keep happening AGAIN and AGAIN?

there's always new participants who are nervous.
sr. member
Activity: 308
Merit: 250
Yeah, the fear selling...But since this is widely known, why does it keep happening AGAIN and AGAIN?
hero member
Activity: 994
Merit: 1000
If you're selling because you're worried it's going to go lower, remember that it's going lower because you're selling.

and also because everyone else is selling

take off your blinders pal

No blinders, this is just how the market panics. Individual fear driving mass sell off.

Not a problem for me really, I'm buying all the way down to wherever it stops.
legendary
Activity: 1762
Merit: 1011

The top 1% is still 3-4 million people, no single individual or small group can significantly manipulate the market. On the other hand, 47 people controlling a quarter of the supply can easily influence prices and value.


Move the decimal place, then:
http://www.politifact.com/wisconsin/statements/2011/mar/10/michael-moore/michael-moore-says-400-americans-have-more-wealth-/
legendary
Activity: 1176
Merit: 1010
Borsche
But ok, I give you that, you usually use vague terms to describe how bitcoin is doomed Smiley I am still positive though and you can quote me on that later, that bitcoin would  cross four digits again in 2014; my crystall ball tells me, that from Jan1 2016 it will not be possible for it to go below $1000 anymore (unless dead); and to achieve that, it would have to first go to some higher levels, maybe even touching 5 digits in 2015. I know you will be here in 2016, so we'll continue this Smiley

That's why I said delusional, using a "crystal ball", or any faith based mental device is irrational. Don't use them.

LOL @ you thinking piramida actually used a crystal ball.

I have one with Paris inside! It's not very good at predicting bitcoin movements though.
legendary
Activity: 2156
Merit: 1070
But ok, I give you that, you usually use vague terms to describe how bitcoin is doomed Smiley I am still positive though and you can quote me on that later, that bitcoin would  cross four digits again in 2014; my crystall ball tells me, that from Jan1 2016 it will not be possible for it to go below $1000 anymore (unless dead); and to achieve that, it would have to first go to some higher levels, maybe even touching 5 digits in 2015. I know you will be here in 2016, so we'll continue this Smiley

That's why I said delusional, using a "crystal ball", or any faith based mental device is irrational. Don't use them.

LOL @ you thinking piramida actually used a crystal ball.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
But ok, I give you that, you usually use vague terms to describe how bitcoin is doomed Smiley I am still positive though and you can quote me on that later, that bitcoin would  cross four digits again in 2014; my crystall ball tells me, that from Jan1 2016 it will not be possible for it to go below $1000 anymore (unless dead); and to achieve that, it would have to first go to some higher levels, maybe even touching 5 digits in 2015. I know you will be here in 2016, so we'll continue this Smiley

That's why I said delusional, using a "crystal ball", or any faith based mental device is irrational. Don't use them.

In fact, I'm using exponential trend that has been consistenly on track for the last 3 years. So I will continue to Smiley

I don't think that validates any degree of certainty and no way "no matter what".
legendary
Activity: 1176
Merit: 1010
Borsche
But ok, I give you that, you usually use vague terms to describe how bitcoin is doomed Smiley I am still positive though and you can quote me on that later, that bitcoin would  cross four digits again in 2014; my crystall ball tells me, that from Jan1 2016 it will not be possible for it to go below $1000 anymore (unless dead); and to achieve that, it would have to first go to some higher levels, maybe even touching 5 digits in 2015. I know you will be here in 2016, so we'll continue this Smiley

That's why I said delusional, using a "crystal ball", or any faith based mental device is irrational. Don't use them.

In fact, I'm using exponential trend that has been consistenly on track for the last 3 years. So I will continue to Smiley
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
But ok, I give you that, you usually use vague terms to describe how bitcoin is doomed Smiley I am still positive though and you can quote me on that later, that bitcoin would  cross four digits again in 2014; my crystall ball tells me, that from Jan1 2016 it will not be possible for it to go below $1000 anymore (unless dead); and to achieve that, it would have to first go to some higher levels, maybe even touching 5 digits in 2015. I know you will be here in 2016, so we'll continue this Smiley

That's why I said delusional, using a "crystal ball", or any faith based mental device is irrational. Don't use them.
legendary
Activity: 1176
Merit: 1010
Borsche
he yet has to understand that a bitcoin address != individual. he also thinks JP Morgan Chase is a strangely named individual, too.
full member
Activity: 182
Merit: 100
I wouldn't say it is a ponzi scheme, but it does seem like it.  What worries me is this:

that 11,000 individuals owns more than 75% of the entire market.  And 47 individuals own 28.9% of the market.  


Kid... what drugs are you on? You really need to work on your trolling, it's absolutely redic.
hero member
Activity: 602
Merit: 500
the volume is so tiny your statement sounds silly
hero member
Activity: 686
Merit: 500
Wat
 In a few years bitcoin will be 10 000 each and people will still be making posts about it failing.
sr. member
Activity: 308
Merit: 251
Giga
ROW ROW ROW YOUR BOAT, GENTLY DOWN THE STREAM...
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
Read carefully, I rarely say the price would do anything in particular, if I point out some stupidity about Bitcoins or make some obvervation about you guys I don't say the price will drop.
legendary
Activity: 1176
Merit: 1010
Borsche

I never made any predictions.

You did make some but it's hard going through 350 pages of your posts Smiley "I think that we are not gonna move significantly away from 5 in either direction in the coming time" is one I found. Yet we did move to 266 pretty soon after that.

But ok, I give you that, you usually use vague terms to describe how bitcoin is doomed Smiley I am still positive though and you can quote me on that later, that bitcoin would  cross four digits again in 2014; my crystall ball tells me, that from Jan1 2016 it will not be possible for it to go below $1000 anymore (unless dead); and to achieve that, it would have to first go to some higher levels, maybe even touching 5 digits in 2015. I know you will be here in 2016, so we'll continue this Smiley
legendary
Activity: 2338
Merit: 2106
in a year, the price would be solidly in four digits (and you'll be back in your filthy hole under the bridge).

Would be if what?

would be no matter what.

delusional much?

not quite, but you are. look up your prior predictions of fail. think.

mucus is always saying bitcoin goes down. (except for a few days in september or october if i remember correctly)
if one says always bitcoin goes down, he will be right once or twice a year.

mucus you were right. feel better ?

for the rest of bitcoins history and future piramida is right.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
in a year, the price would be solidly in four digits (and you'll be back in your filthy hole under the bridge).

Would be if what?

would be no matter what.

delusional much?

not quite, but you are. look up your prior predictions of fail. think.

I never made any predictions.
legendary
Activity: 1176
Merit: 1010
Borsche
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