Quote from: billyjoeallen on February 15, 2016, 12:24:45 AM

Quote from: JayJuanGee on February 14, 2016, 08:27:17 PM

Quote from: billyjoeallen on February 14, 2016, 03:20:36 PM

Fuck me. It's hard to imagine a worse call. Well, the market has spoken and the market always gets the last word.

I'm glad that you are willing to admit your bad call; however, I always assert that we can really never know for sure the shortest term price direction unless we happen to be a whale that is able to push it with 10k or more coins (and/or equivalent in dollars maybe on bitstamp?).

On the other hand, BTC prices had been lingering for so long in the upper $300s after the Hearn fiasco.. and then attempts at pushing it below $350 had really not been going anywhere... at least not yet... and also people seem to be kind of less convinced that there is any real material issue that is dragging down bitcoin as Hearn was arguing.... I mean seeing through the apparent propaganda...

So far this uptrend has not been on very high relative volume (at least from my perspective), so that causes me to believe that it could be put to a halt or reversed with some voluminous dumping (maybe 10k coins would be sufficient?)

That was way more than a 10,000 coin pump. The markets are connected, so pumping on one or two exchanges isn't enough if the others don't follow. No, the market clearly believes that the miners will be able to convince and/or pressure Core into including a hardfork in the roadmap. I am nearly not so optimistic, but as Keynes said, markets can stay irrational longer than you can stay solvent.

You may be correct that it will take more than 10K coins to stop a pump or reverse it, but when there is low volume, it seems to be much more possible to get such a stop of the pump or a reversal with a smaller number of coins..

I was just using 10k as a "for instance," and I understand that the amount of coins needed will vary case by case.