Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
What, you think just because you weren't part of the bitfinex hack you are immune? 
this shit's going down, for how long I don't know.
this shit's going down, for how long I don't know.Have you always been bearish, or are you talking your book?
I don't know how you can speak with such certainty regarding the price direction of this market... overall we still seem to be in a bull trend.
Sure we can experience some downwards price movements here and there, including the news of the bitfinex situation, but it also seems to that the bitfinex situation has largely been resolved and we are in a holding pattern at the moment.. Surely bitfinex may not do too well from this fall out, and maybe they are going to need to create some trading incentives, such as lowering fees.. but they have not even re-opened their margin trading yet, which actually could create some increases in volume, maybe?
From here? Hm? I am kind of a sense that a 10% increase is more likely than a 10% decrease.. in other words, I am more inclined to believe that we are going to see $650 and above before we see $520 and below.. but I am not going to bet either way and I guess I am prepared for either direction.
Let's see who is right.
Of course, I am going to be right...
You are talking in terms of absolutes, and I am talking in terms that I believe that the odds are a bit more favorable to go up by 10% than to go down by 10% from this price point.
So, even if you happen to get it right and we happen to see $520 before we see $650, you are not talking reasonably (which makes me right.. hahahahahha). The ridiculous part about your phraseology should be apparent that there are no absolutes when it comes to the markets and predicting or describing the future... On the other hand, if we are talking about the past, then it is reasonable to talk in terms of absolutes.
Wtf drugs are you on? I want some.
It is called making a serious attempt to employ facts and logic in order to try to come to meaningful projections about the future, rather than employing conclusory language that is not backed up by anything but black and white erroneous thinking.
You should try it, sometime. 
I never said bitcoin price was going down and staying down forever. You have a reading comprehension problem, probably from all those drugs.
Oh? So now you are changing your tunes?
You make some vague non-specific comment about the price going down, and then after you are asked to clarify you assert more specific vagueness to even assert more boldly that it is going down and to buy into the down scenario that I painted, while throwing out ad hominem attacks. And then now you are saying you don't know, but may as well throw out a few more ad hominem attacks in order to shirk responsibility. Hm?
In other words, you don't really know anything. You are just throwing out a bunch of vague conclusory comments, and seeing if anything might stick. Then if others ask you to explain how you arrived at your vague assertions, instead of providing details, you get mad and assert that the others are crazy. Hm?