Post
Topic
Board Speculation
Re: Lose all your capital fast, with MatTheCat and his TA 101A!
by
MatTheCat
on 15/06/2016, 02:08:51 UTC
There's no need to be so hostile, mat is a perfectly fine human being. He's just very skeptical of Bitcoin and its potential, like many others who do not fully realize its potential. There's no shame in that, but it might hurt him in the long run.

Ibian and me have been hostile towards each other for years.....back in the Bitcoin @ $800 days, he used to arrogantly scoff at my bearishness, yet Bitcoin kept proving me right, but now the boot is on the other foot....although I haven't actually been long term 'bearish' on Bitcoin for a while, my bearish short term instincts and distrust of the market have kept me from taking and holding good long positions, so now he gets to ride on the high horse....and I told him to go fuck himself, basically.

Never mind being 'skeptical' of Bitcoin, I am skeptical of the Bitcoin market. It is highly manipulated, and being run as a cash cow for Chinese Bitcoin Cowboys and I cannot place any faith in this market, or the value that it attributes to Bitcoins.....

......and yeah, partially due to the fact that the Bitcoin market has been totally fkn hookey from very early on Since the days of MtGox and Willy bot, Bitcoin inflated, far too fast, far too soon, and is now struggling under it's own bloated weight. Never mind Bitcoin the idea, and focus on Bitcoin the reality.

We are in the midst (or maybe even near the end for wll we know) of a totally obvious manufactured pump, which will be inevitably be followed by a brutal dump, as usual, a minority will get rich, the majority will lose.....and then Bitcoin will be left with the very pressing issue of whether miners can afford to maintain the network or not, at whatever the post Halving pump DUMP, prices are.