Quote from: MissionPhailed on May 16, 2016, 09:21:09 PM

Don't forget about the new player that'll probably play a prominent role in June; LISK. Will be released on the 24th of this month and could explode in value. Supply is more limited compared to Ethereum and demand seems to be pretty high.

I agree with that statement but in the short term at least I wouldn't try to comparea brand new coin with the top 3 marketcap.

Quote from: LCSociety on May 16, 2016, 10:12:05 PM

People seem to gloss over the fact that bitcoin has already made a 150%+ move since last august. In any other market, a crash would be expected - not a further run upward.

Again, this is just me analysing how simple it is for things to go "the other way."

Doesn't mean I haven't got one foot deeply in the market. This trade has been the talk of the town for THREE YEARS. So I have to assume that a pump doesn't even need to occur for the largest holders to make bank. The largest holders have already made money, they're just waiting for the opportunity to cash out.

Liquidity on the buy side will be rife with or without a pump since everyone has been trained over the last three years to believe that halving = price spike. Buyers will be (already are) lining up to pick up some coin (or get dumped on, however you'd like to say it)

If you're thinking logically, then you should always consider what may happen if things go opposite to how you're expecting - and why/how.

I'm just as deep in the trenches as any other BTC speculator, but it'd be insanity for me to leap out of the trenches all guns blazing without first mapping out a strategy to guard against defeat.

Bitcoin has already moved 150%+ since last august... this is a monster move. Holders of $500,000 worth of BTC are now millionaires.... Holders of $250,000 now have 500K worth of coin. Not to mention those with $10 mill, $20 mill etc they have to cash out at some point to convert their paper profits into real profits

common sense no?

Totally agree with the bold statetement, but with both knows that this 150% rise since last august has also been one of the less volatile period for bitcoin since its release.