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Topic: The price is being manipulated so hardcore right now... (Read 3367 times)

hero member
Activity: 658
Merit: 500
Gotta go along with the top 100/1000 guys at ondn  Roll Eyes Roll Eyes Roll Eyes Roll Eyes
full member
Activity: 144
Merit: 100

 But this bear market -- the longest one ever -- threatens that as well.

It's not the longest. In 2011 there was a much longer period.

No. Check the charts. Peak in June 2011 --> bottom in November. 6 months. We are going on 9 months of bear market in the current cycle.
It all depends on what comes next and how you look at the charts.
The uptrend from around 450 to around 680 in may (<--- 6 month of previous downtrend cycle) could be a phase one of the new 6-month cycle and right now we are just having a pull back.
...Or you could be right, but longer time per cycle doe not mean there are non. They (cycles) could be simply "in scale" so to speak.
sr. member
Activity: 378
Merit: 250
Actually I think the price atm is the real value, $600+ was the manipulated price and I guess they decided to cash in..

the term is cash out, but either way thats a stretch to think 500 is a more natural price than 600, when 500 only came about because of a whale making huge market sell orders specifically to scare everyone into getting out.
1. To withdraw from a venture by or as if by settling one's account.
2. Informal To obtain a profit or other advantage by timely exploitation: Profiteers cashed in during the gasoline shortage.

It can be argued the same whale caused the massive buy out when it was originally $450 and caused the price to rise to $600
hero member
Activity: 697
Merit: 520

 But this bear market -- the longest one ever -- threatens that as well.

It's not the longest. In 2011 there was a much longer period.

No. Check the charts. Peak in June 2011 --> bottom in November. 6 months. We are going on 9 months of bear market in the current cycle.

wasn't 2011 the year of the 'bubble' that didn't break the previous all time high?

That would be summer 2012. I'm not sure whether I would include that with the "bubbles" of 2011 and 2013. Point still stands -- the bear market ended with the November 2011 low.
sr. member
Activity: 336
Merit: 250

 But this bear market -- the longest one ever -- threatens that as well.

It's not the longest. In 2011 there was a much longer period.

No. Check the charts. Peak in June 2011 --> bottom in November. 6 months. We are going on 9 months of bear market in the current cycle.

wasn't 2011 the year of the 'bubble' that didn't break the previous all time high?
full member
Activity: 234
Merit: 100
I don't know about you guys, but they aren't getting my coins for any price except 10X or more than what I paid for them.

Massive walls be damned.



I'm with you.

Except forget 10x...don't be shortsighted.

Try 30-40x.

Unlike MatTheCat and others like him, I don't hold Bitcoin to get rich overnight. I'm looking at this in terms of years.

The price is either going to be a LOT higher in 2 years, or Bitcoin is going to be 5 cents. It's that simple.

Most these crybabies are investing like $2k and start crying when the price drops 20% and they lose $400. Awww...I'm sorry your $2k investment hasn't made you a millionaire yet.. You wanna get some McDonalds icecream? Make you feel better? Awwwww..

If that $2k goes to $0, is it really that profound?

Now if that $2k goes to $80k in 5 years time...that's fucking profound.

My point is this: If you bought into Bitcoin thinking that it was going to be a straight line up, you are a delusional retard.



tou-fuckin-che
hero member
Activity: 697
Merit: 520

 But this bear market -- the longest one ever -- threatens that as well.

It's not the longest. In 2011 there was a much longer period.

No. Check the charts. Peak in June 2011 --> bottom in November. 6 months. We are going on 9 months of bear market in the current cycle.
full member
Activity: 350
Merit: 104
Bitcoin is a peer to peer currency.

There is no such thing as manipulation as anyone can buy and sell at whatever price he wishes.


I want to live in your utopian dream.


How is large investor or whale selling considered manipulation by your reason?
sr. member
Activity: 336
Merit: 250
Actually I think the price atm is the real value, $600+ was the manipulated price and I guess they decided to cash in..

the term is cash out, but either way thats a stretch to think 500 is a more natural price than 600, when 500 only came about because of a whale making huge market sell orders specifically to scare everyone into getting out.
newbie
Activity: 14
Merit: 0
daytrading their way through the days.

You mean picking Red or Black on a roulette board and then claiming what a good trader they are when they make a few hundred bucks?

...until they lose it and then post on here trying to sway the market to correct their amateur mistake.

hero member
Activity: 518
Merit: 500
Trust me!
Well, I'm really not sure if there's so much manipulation going on. Some of course, but I guess most people are just daytrading their way through the days. Those walls (at least one) today on Stamp were manipulation or at least attempts to play with people's confidence.
newbie
Activity: 14
Merit: 0
Bitcoin is a peer to peer currency.

There is no such thing as manipulation as anyone can buy and sell at whatever price he wishes.


I want to live in your utopian dream.
newbie
Activity: 14
Merit: 0

So you try to manipulate people for to not selling while decrying the market being manipulated?

I would say 'good work' - but you should learn that people who could be manipulated in this silly way are irrelevant.

I'm not trying to manipulate anyone. I am stating an honest opinion.

The key word there being "honest".

Could I be wrong? Absolutely. But my money is where my mouth is. I actually believe what I am saying. Not just trying to profit off others fear/indecision. You will never catch me screaming, "BITCOIN IS GOING TO $0" just so I can spread fear to lower the price and rebuy coins that I wish I hadn't sold.

I don't just spout, "mission impossible, $3xx is good to go for a while." bullshit like a lot of people. My arguments make sense.

I come to this forum because I enjoy to write. (Among other forums non-Bitcoin related) People can read my posts and agree or disagree. My intent is to mislead no one.

sr. member
Activity: 378
Merit: 250
Actually I think the price atm is the real value, $600+ was the manipulated price and I guess they decided to cash in..
hero member
Activity: 1274
Merit: 520
I heard:

MANIPULATION?!?!!?
full member
Activity: 350
Merit: 104
...and why?

Because larger investors want to fuck with you. They want to fuck with you and scare your weak ass into selling to them at a loss.

If you think Bitcoin is going to disappear, you deserve to lose money. Sell them your coins at a loss, you weak eunuchs.

The divide between rich and poor, at it's core, exists because of one fundamental fact: Manipulation.

Learn this fact and you're already halfway there.

Or don't...and keep making posts about how you're "DONE WITH BITCOIN THIS TIME GUYS!"

Bitcoin is a peer to peer currency.

There is no such thing as manipulation as anyone can buy and sell at whatever price he wishes.
member
Activity: 84
Merit: 10
We'll be way past ATH in 2015, thats all that matters.
member
Activity: 112
Merit: 10
Price is always being manipulated with bid walls and automated bots.

Only difference is people complain about it when the price doesn't continue upwards toward 1,000.

mission impossible, $3xx is good to go for a while
legendary
Activity: 1159
Merit: 1001
Price is always being manipulated with bid walls and automated bots.

Only difference is people complain about it when the price doesn't continue upwards toward 1,000.
legendary
Activity: 2590
Merit: 3014
Welt Am Draht
Bitcoin marketcap is too large to really manipulated...

Marketcap is a fun figure but ultimately meaningless.

You could throw the market around for the price of a few Wall St bar tabs.
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