Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18576. (Read 26623446 times)

Battered but not necessarily dead. I'm very intrigued to see how it's all going to pan out.

FULL DISCLOSURE - I once bought 0.012 of ETH cos I was testing out an exchange. I owned it for 2.4 minutes.

You're an ETH HODLER according to your post history.

I doubt it.

Ethereum is dead my child, please don't waste any time considering any kind of investment into that failed, seriously flawed altcoin.

For another dumb, superficial and unsupported theory.. see above statement by newbie:  glorywhole.

  

Your meritless personal attacks go to support your inability (through incapacity/failure/refusal) to argue the point that you are attempting (but failing) to make regarding your attempt to criticize claims of natural organic bitcoin growth.

The only reason Bitcoin hasn't crashed is people panicking & cashing out into BTC. Let's not be ungrateful.

The "Quench" has been activated.

I agree that maybe I am being overly critical of your ultimate conclusion, whether bearish or bullish, but in the end, I  still don't agree with your point about manipulation, whether that manipulation is for the good or for the bad.

Sure, manipulation in the bitcoin market exists, especially capable of being accomplished with a small amount of capital when bitcoin's market cap remains relatively small and also while bitcoin's price is largely directed through exchanges that hold only a small amount of bitcoin's total value. 

In any event, I still do not buy how much emphasis and weight that you are giving to the manipulation theory.. There still remains limits pertaining to how much entities want to attempt to manipulate beyond trends, and they may be able to manipulate on small levels, but they cannot really contain it... and really large financial interests, if they could, would have been much more interested in keeping bitcoin below $500 for another couple of years.. it is not in their interest to allow bitcoin to go above and to stay above $500 and thus the manipulators have lost quite a bit of control over the price (not completely but quite a bit because they are only willing and able to lose so much money in fighting the upwards price trend that is currently taking place).

So, maybe we are saying things in different ways in order not to communicate too well, but I don't think that I misunderstand you in any kind of significant, material and or meaningful way.

Yeah - they've never been bettered. He must be tempted with all the action - maybe waiting for it to get past the ATH.

The Ethereum hacks slows down the bitcoin raise.

No, wrong again. Your point does not stand.
You can't tell the difference between years, days, and hours. So your point is shit. Due to your stupidity in general, and inability to read charts in particular.

Furthermore, you are a blathering, blithering booby. Until I train you to redact, all by yourself, your stupid, rambling, and, worst of fucking all, excruciatingly long thoughts, I will do it for you. By deleting all but the very first line of your shitty posts.

I'm not joking, JJG, it's time someone took you in hand. Everything that doesn't fit in the first line? Into the trash it goes.

Here we go UP again!

Yes we can feel this higher sizzling

Not long before bitcoin tries to push higher ..

I wish Brother JohnF would return with his bitcoin report.

"Hello everybody, time for another bitcoin report. This is the Mt Gox 4-Hour chart from Clark Moody's. We currently have approx 6500 coins on offer and around 10,000 on demand."

FTFY.

JJG, you completely misread me.  I'm saying that if the whale [group? cabal?] wants bitcoin to go up, it will go up.  Like it has since Oct. 2015.  Thousands of Average Joes didn't suddenly come rushing into the market @ ~200/btc in October and start buying up bitcoin to where it is now.  The whales did. And right now they aren't trying to push it down, they're trying to pump it up.

Get it?

Well, my perspective is a bit different from that.  As you likely realize my story of investing in bitcoin since November 2013, I have been buying and accumulating with money that I do not need in the short term, and largely I have been considering the whole matter a longer term investment, so yeah any assessment of "profits" largely gets folded back into the fund.

Accordingly, whether it is a hobby or an active way of monitoring my holdings, I sell on the way up and buy on the way down in order to attempt to stack preparations for future price movements in either direction.. and surely sometimes that ends up being profits to kind of maintain the same number of coins, even while the price is going up but also to have a stack of cash on the sides.. It works pretty well, but it is a bit time consuming, so yeah sometimes making $10 on a trade may not seem like very much, but the whole practice does seem to stack up the BTC and the dollars in a nice way to make it seem to be really long term profitable when finally wanting to start to draw on the money in the fund.


Also, sometimes some trades may not appear to be profitable in the shorter term - for example when i was selling bitcoins lower than my average price, or when I am buying back higher than my average price - but in the end, and in the longer run, the whole practice does seem to bring down average costs per BTC.