Quote from: dasource on January 11, 2017, 09:16:05 PM

Good call indeed (was the China BTCC news just the perfect excuse for this to play out) ..

This rise and fall of BTC in past 4 months has confirmed what is true.

+the masses are sheeples

They will buy when price goes up and reassure themselves of a new moon landing (after the fact)

+ a lot of short term traders do not know how to trade medium and long terms. They say " you cannot forecast the future" lol! at them

+ wave B is trully a suckers rally and fools all

everyone (inluding master luc and chessnut) were convinced we were going up to crazy highs

+ now we are back to rationalization as a last resort - after the fact - after the market sells, we find excuses to pint to and say "that is the reason price fell" - no it wasnt! lol

+ prices move up and down coz of people. if you watch people, you will get a feel of the majority sheeple sentiment.

Anyway, we said here a lot of time even before price went up, that, as soon as we hit a high, *some* event or series of events would lead to a sell off and we woul use that as a n excuse fore the price fall

WATCH THIS THREAD and save yourself some stress!

Some throwbacks to show it is indeed possible to forecast the future by probability

From 9 months ago