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Topic: The price is being manipulated so hardcore right now... (Read 3457 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: 1526
Merit: 597
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: 2604
Merit: 3056
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.
legendary
Activity: 1330
Merit: 1000

Whats interesting is that whales can only manipulate the price down so far, the fact remain bitcoin has growth in all areas which cannot be manipulated unless you include government regs which must be a stretch for a bitcoin whale to influence.
legendary
Activity: 1582
Merit: 1064

 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.

The 2011 bear market was followed by a massive surge in 2013. Hope history repeats itself.  Smiley
full member
Activity: 202
Merit: 100
Bitcoin marketcap is too large to really manipulated...
zby
legendary
Activity: 1594
Merit: 1001
...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!"



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.
member
Activity: 93
Merit: 10

 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.
member
Activity: 76
Merit: 10
Nothing wrong with selling at a loss and buying back lower, either. That's not even coming from the perspective of a trader necessarily. Any investor should have a stop loss. For many bitcoiners, it's just set at zero. Grin When was going down with the ship a good investment plan for other assets?

...except 90% of the time, you don't end up buying back lower.

The number you are looking for is 80 (see Pareto), and that is probably more effectively used to gauge a zero sum situation. However, refer to the 2014 chart and you'll find that if you cut your losses at $500 or above, you've had many chances to rebuy lower.

The question is, did you? The fact that most traders are losers, or that many investors make bad decisions, is more a matter of risk management than anything else. That doesn't mean that being the exception to that rule means you will lose.

Patience is the most important virtue in this game. And the ones chasing after bubbles are the first to lose.

How does the Pareto thing work? I have heard it applied to other things besides bitcoin but never really understood it.
hero member
Activity: 697
Merit: 520
Patience is the most important virtue in this game. And the ones chasing after bubbles are the first to lose.

They are?

So I shouldn't have bought those coins @ $120 during the $266 bubble?


That's easy for you to say as someone who is in profit. Wink

"Chasing" in trading or investing means lagging behind the market and buying once the hype already happened. It's easy to preach HODL when you're golden. However, for those who began buying in 2014, bitcoin has performed horribly. And it was after the November 2013 bubble that 2014 was supposed to be the "year of bitcoin." Such hype, wow. Just keep in mind that this has been the longest bear market in bitcoin history. Surely it's even possible that bitcoin could return to the $100s or double digits, too, is it not? After all, bulls have been calling the bottom for many months now. In that case, it would have been prudent to take some profit off the table from those $120 coins. Wink

I was "chasing", per your definition, for the majority of last year at my $120-$200 buys during the $266 bubble.

But I saw the forest, not just the trees.

I watched the price drop back to $60 during the Silk Road bust.

I continued to see the forest, not just the trees.

I bought some more at $450-$585.

..and guess what? I still see that forest, not just the trees.

Okay, well, I hope it works out for you. My point, if you'll recall, was about risk management. And that is an important part of any investor's vocabulary. Ask Warren Buffet if he recommends "going down with the ship" as part of his investment plan. (Note: I'm not saying anything about the exchange rate with that comment -- only the attitude of many on this forum)

The longer term upward trajectory that bitcoin is on may continue endlessly. But this bear market -- the longest one ever -- threatens that as well. If you see the forest for the trees, then you would be open to the various possibilities. Perhaps your own bias as a HODLer clouds that.
newbie
Activity: 14
Merit: 0
Patience is the most important virtue in this game. And the ones chasing after bubbles are the first to lose.

They are?

So I shouldn't have bought those coins @ $120 during the $266 bubble?


That's easy for you to say as someone who is in profit. Wink

"Chasing" in trading or investing means lagging behind the market and buying once the hype already happened. It's easy to preach HODL when you're golden. However, for those who began buying in 2014, bitcoin has performed horribly. And it was after the November 2013 bubble that 2014 was supposed to be the "year of bitcoin." Such hype, wow. Just keep in mind that this has been the longest bear market in bitcoin history. Surely it's even possible that bitcoin could return to the $100s or double digits, too, is it not? After all, bulls have been calling the bottom for many months now. In that case, it would have been prudent to take some profit off the table from those $120 coins. Wink

I was "chasing", per your definition, for the majority of last year at my $120-$200 buys during the $266 bubble.

But I saw the forest, not just the trees.

I watched the price drop back to $60 during the Silk Road bust.

I continued to see the forest, not just the trees.

I bought some more at $450-$675.

..and guess what? I still see that forest, not just the trees.




member
Activity: 112
Merit: 10
Patience is the most important virtue in this game. And the ones chasing after bubbles are the first to lose.

They are?

So I shouldn't have bought those coins @ $120 during the $266 bubble?


That's easy for you to say as someone who is in profit. Wink

"Chasing" in trading or investing means lagging behind the market and buying once the hype already happened. It's easy to preach HODL when you're golden. However, for those who began buying in 2014, bitcoin has performed horribly. And it was after the November 2013 bubble that 2014 was supposed to be the "year of bitcoin." Such hype, wow. Just keep in mind that this has been the longest bear market in bitcoin history. Surely it's even possible that bitcoin could return to the $100s or double digits, too, is it not? After all, bulls have been calling the bottom for many months now. In that case, it would have been prudent to take some profit off the table from those $120 coins. Wink

correct, bitcoin is going down! bulls are trying to scam people to buy so they can sell higher
hero member
Activity: 697
Merit: 520
Patience is the most important virtue in this game. And the ones chasing after bubbles are the first to lose.

They are?

So I shouldn't have bought those coins @ $120 during the $266 bubble?


That's easy for you to say as someone who is in profit. Wink

"Chasing" in trading or investing means lagging behind the market and buying once the hype already happened. It's easy to preach HODL when you're golden. However, for those who began buying in 2014, bitcoin has performed horribly. And it was after the November 2013 bubble that 2014 was supposed to be the "year of bitcoin." Such hype, wow. Just keep in mind that this has been the longest bear market in bitcoin history. Surely it's even possible that bitcoin could return to the $100s or double digits, too, is it not? After all, bulls have been calling the bottom for many months now. In that case, it would have been prudent to take some profit off the table from those $120 coins. Wink
newbie
Activity: 14
Merit: 0
Patience is the most important virtue in this game. And the ones chasing after bubbles are the first to lose.

They are?

So I shouldn't have bought those coins @ $120 during the $266 bubble?

hero member
Activity: 697
Merit: 520
Nothing wrong with selling at a loss and buying back lower, either. That's not even coming from the perspective of a trader necessarily. Any investor should have a stop loss. For many bitcoiners, it's just set at zero. Grin When was going down with the ship a good investment plan for other assets?

...except 90% of the time, you don't end up buying back lower.

The number you are looking for is 80 (see Pareto), and that is probably more effectively used to gauge a zero sum situation. However, refer to the 2014 chart and you'll find that if you cut your losses at $500 or above, you've had many chances to rebuy lower.

The question is, did you? The fact that most traders are losers, or that many investors make bad decisions, is more a matter of risk management than anything else. That doesn't mean that being the exception to that rule means you will lose.

Patience is the most important virtue in this game. And the ones chasing after bubbles are the first to lose.
newbie
Activity: 14
Merit: 0
Nothing wrong with selling at a loss and buying back lower, either. That's not even coming from the perspective of a trader necessarily. Any investor should have a stop loss. For many bitcoiners, it's just set at zero. Grin When was going down with the ship a good investment plan for other assets?

...except 90% of the time, you don't end up buying back lower.
hero member
Activity: 697
Merit: 520
Nothing wrong with selling at a loss and buying back lower, either. That's not even coming from the perspective of a trader necessarily. Any investor should have a stop loss. For many bitcoiners, it's just set at zero. Grin When was going down with the ship a good investment plan for other assets?
sr. member
Activity: 364
Merit: 250
newbie
Activity: 14
Merit: 0
Let's just hold hands and see how that goes for a while. 

Prude.
sr. member
Activity: 364
Merit: 250
Holy shit.  I find myself agreeing super hard with a poster named, "penii plural 4 penis".

Didn't see that coming.

Does that mean we can be friends butt-buddies?



Let's just hold hands and see how that goes for a while. 
hero member
Activity: 924
Merit: 1000
Most commodities have been or are being manipulated. Silver has been manipulated for ages. Their was the 2 billionaire brothers that tried to buy up all the silver and then there is JP morgan, they will short silver and then do a massive dump so create a massive sell off and cash in. they have been sued by the government various times for doing this..

So, yea, bitcoin isn't immune to this either.. Especially since it doesn't take much to sway the market..
newbie
Activity: 14
Merit: 0
Holy shit.  I find myself agreeing super hard with a poster named, "penii plural 4 penis".

Didn't see that coming.

Does that mean we can be friends butt-buddies?

sr. member
Activity: 364
Merit: 250
Holy shit.  I find myself agreeing super hard with a poster named, "penii plural 4 penis".

Didn't see that coming.
newbie
Activity: 14
Merit: 0
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.

legendary
Activity: 3794
Merit: 5474
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.

newbie
Activity: 14
Merit: 0
Ok great.

I shall not be tricked by those nasty manipulators and will hold all my BTC as they grind the price of Bitcoin down over the coming months to low treble digits through their 'manipulations'

I shall show these bastards!

In 2 years, the level of regret you are going to experience is going to be far worse than any duress you suffered while watching the price drop a measly 15%-20%...

newbie
Activity: 14
Merit: 0
Isn't the price of anything always manipulated? The way of business right?

Indeed it is.

But I think it's quite acute at the moment.
hero member
Activity: 840
Merit: 1000
...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!"


Ok great.

I shall not be tricked by those nasty manipulators and will hold all my BTC as they grind the price of Bitcoin down over the coming months to low treble digits through their 'manipulations'

I shall show these bastards!
member
Activity: 81
Merit: 10
Isn't the price of anything always manipulated? The way of business right?
newbie
Activity: 14
Merit: 0
...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!"

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