Quote from: profitgenerator212 on September 22, 2017, 03:19:08 AM

Quote from: JayJuanGee on September 20, 2017, 04:41:32 AM

Quote from: profitgenerator212 on September 20, 2017, 12:35:42 AM

Either way, I see BTC going south.[/b]

Either way, I hope you are putting your money where your mouth is - because you seem to be hedging too much in the down direction (or hoping - and spouting out certainty FUD in order to attempt to get your down wish to come true), and it could be a painful lesson.

My point is that nothing is certain in bitcoin whether that is down or up, and I am hedged in both direction, even though I currently conclude that our odds for 15% up are a bit greater than our odds for 15% down (maybe 55% for up and 45% for down?).. I am not going to bet too heavily either way (even though of course, I have money invested in bitcoin, so of course, i am better off if the price goes up.. which seems that there continues to be ongoing upwards price pressures)

Looks like I am becoming right. I think it's only going to go down south from here.

Quote from: BayAreaCoins on September 20, 2017, 03:50:40 AM

I know where I think we are Tongue

That chart is bullshit, in my 10+ years of trading experience and I have never seen a market behave like that. Cheesy

Looks like you are talking a bunch of bullshit. If your goal is to be right, then you just make up a bunch of shit, and then try to suggest that you are speaking some kind of truth.

Get a fucking grip.. We are in a bitcoin bull market. You understand that? we have been in such bull market since about late 2015 - of course we did NOT realize that we were in a bull market until about May 0f 2016 - however, frequently it takes several months to work out the market direction and to determine whether there is a change in market direction.. and even if you happen to be correct that the market direction is turning downwards, we are not likely to know that for several months, and we certainly are not going to know that merely because we had a 40% price correction from $4980 to $2972 - even when that market correction was immediately preceded by a price increase of nearly 90% from $2600 to $4980.

So get real if you are trying to assert that prices are going down, when the overall direction has been up, and we are not even below the price in which we started in the most recent bump (which is $2600)... So if we go below $2600, then possibly we could consider thinking about down - however, I would suggest that the price had better go a hell-of-a lot lower than $2600 if you are going have some actual market movement to back up your currntly fictitious downward assertions.

In other words, this is called a consolidation or a correction zone and not some kind of sign that bitcoin is on some kind of downwardly trajectory for any meaningful period.