Quote from: JimboToronto on November 21, 2016, 06:51:38 PM

Quote from: Temp_JayJuanGee on November 21, 2016, 06:03:28 PM

Quote from: Gillette on November 21, 2016, 03:10:27 PM

Quote from: Ted E. Bare on November 21, 2016, 02:08:42 PM

Who sold at the bottom? Tongue

Two great traders Matthecat and ask sold at the bottom Grin

Don't forget about calme, though I am sure calme will figure out a way to change his story when his shorts get r3ckt

How about Kwuk? He sold for $10 and has been in a state of denial ever since, chanting his mantra of sell-sell-sell/dump/short.

He couldn't have sold at yesterdays bottom though. If you aint got nuthin' you got nuthin' to dump. Cheesy

Yeah. That is be called: Butthurt. Cheesy

There seems to be quite a bit of irony when folks come into threads like this and try to get others to either sell or to short, and certainly, I don't have any problem with taking various kinds of trading strategies, including shorting and selling or even making various arguments regarding the price direction of bitcoin.

Likely a large number of shorters and sellers did pretty well through 2014 and about half of 2015, but since about August 2015, shorters and sellers would have needed to be very strategic (and maybe even lucky) with their strategies to bet against bitcoin because the significantly more profitable strategy would have been some form of BTC holding and/or accumulation, especially when you consider that the increase in BTC prices during that period has resulted in a pretty solid 3x increase in value.

Sure some folks are going to continue to suggest that we are in a kind of BTC price bubble, but if you really look at BTC in a broader context, including a lot of the networking effects going on that are also demonstrated in the ongoing upwards hash rate (that is contrary to what a lot of the bitcoin naysayers were asserting around the halvening), there continues to be considerable demand for actual BTC on a world-wide basis and never before seen immutable decentralized abilities to hold and transfer value. WOHAZA!!!!!

Pee pare yourselves for continuing to get R3CKT, shorters. Tongue