Quote from: iamnotback on April 12, 2017, 04:15:14 PM

Quote from: Chef Ramsay on April 12, 2017, 04:12:23 PM

Wow, that was one epic 180 turnaround in sentiment on LTC and it only took you 5 hrs, Iamback. It at least took Trump 3 days to pull his on Syria. Cheesy

ETH very well might have some movements coming up but there's plenty more upside potential %-wise on LTC than on ETH. You should know that at least, but considering you have comfortability issues you may have made a decent decision - albeit hasty.

I don't dither around too long on decisions. I was waffling between selling out and buying ETH after I noticed that huge wedge pattern on ETH several hours earlier.

Yes I made a decision based on my opportunity costs.

And don't complain to me when the fuckers Tweet something and the price crashes again.

I want to invest in aggregate markets, not manipulated markets where one guy with 42% of the hashrate under his direction, can make a killing shorting and tweeting at the expense of all of us.

As I observe the movement of this chart since BW.com started signaling and the percentage reached 56%, I see the reaction of the market is a double top. Not good. Maybe it is just a temporary double-top that will be exceeded to the upside, or maybe it is the market saying they don't trust the Chinamen.

I could be wrong and miss a big gain on LTC. But as I said, I made a decision to not care about it any more.

I don't invest just to make a gain only. I invest because I believe in something. I thought I was helping to relieve pressure on the Bitcoin scaling war and also elevating a worthy coin. But now I am coming to the opinion that I am aiding a manipulation and I don't feel good about it. I lost my conviction because the market is very skeptical.

And I got to thinking about what the chart is speaking to me and I think it might be indicating that the people are not trusting Litecoin any more.

When you have that F2Pool bozo in the previous incident obviously shorting Litecoin and using Twitter to crash the price, I think it has made investors very defiant. I read one guy wrote there was no way he was buying it at these high prices. I might be wrong in my intuition on that as it is only anecdotal.

I realized that a lot of people might be influenced by my posts about the large opportunity in LTC and then I got the impression that the chart is still being manipulated even with BW.com signaling and I realized I might be influencing a lot of people to be fodder for the manipulators and professional traders. This bothered me.

These miners should not be obfuscating and manipulating if they want the world to trust these systems.

Lastly I think I should entirely stop publicly commenting about speculation, because I see it can create conflicts and resentment.

I put a lot of effort into the LTC analysis and the recent dive into the Bitcoin scalepocalpyse politics, immutability, and technological issues. I learned and refined my knowledge on these issues, so it was worthwhile in that respect. That can help guide my upcoming decisions as a project dev as well.

I probably went too overboard past few days trying to "wrap it up" and wanting it emphatically completed. I was getting quite impatient, because it was sucking up a lot of time.

I felt a responsibility and I was afraid they would crash the price again and many people would blame me. This was stressing me immensely. So I decided to cut the umbilical cord. Again I didn't like the way the chart was developing.

First you speculate in favour towards LTC, than you breaking bad and start new speculation towards ETH, and when all important parts played, you start thinking that you should not do that at all (read speculation). This is so so bad of you. You've got a lot of appreciation in other posts and now you act like guys in Twitter, that manipulate price, the only difference is that they do not write pages of excuses and have bigger audience to be manipulated.

You've panic dude, and you created it for your followers, not a smart move.