Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
tarmi
on 25/01/2015, 13:11:16 UTC
Nice trolling. You still haven't answered my post here:
Especially the second part.

https://bitcointalk.org/index.php?topic=931714.msg10236780#msg10236780

That's because there's nearly zero content worth responding to.

The statement in the thread title could have been worth something: yes, big money is not infallible.

But the rest of your argument can be recapped as follows... (plus my response)

"VC doesn't really invest in bitcoin the currency."

We know that. But they invest in Bitcoin infrastructure. If you consider that to be bearish, long-term, be my guest.


"Big money invested during the dotcom bubble as well. Shows how stupid they were."

Hardly. Unless they went all-in on pets.com, they made out like bandits in the longer run.


so do miners, they invest in "infrastructure", but that usually means more selling pressure.

the faster and bigger payment processors, the lower the price.

Tim is one happy and smart bagholder.