Quote from: drays on March 06, 2018, 07:12:49 PM

Quote from: xxxx123abcxxxx on March 06, 2018, 03:17:13 PM

Quote from: drays on March 06, 2018, 01:27:12 PM

... I know people like you hate decentralization, and hate the idea of freedom in general, that is the real reason you are so eagerly waiting for the complete crash of this thing. I now see you don't just play this market, you really hate the Bitcoin's concept and, unlike muf18 and some others here, you want it to crash. Well, what I can say. You are not the only hater - there are lots of them among the ones who found their way of exploiting the existing useless and corrupt financial system based on robbery and inflated pseudo-money. We'll see who wins at the end.

False accusation! Personally a technologist at heart, and a person whom values privacy and progress, would like to see decentralized systems and blockchain technology to flourish and it will, but now is not its time. A trader or investor, must not become attached to any particular asset class be it art, wine, stocks, crypto, classic cars, etc especially during times of mania. Trade with the flow, be it bull or bear market, don't fight the trend. This thread has taken both long and short positions, but for now the overall analysis suggests an imminent resumption of the bear market.

False accusation? I don't tell you and your fans (like g-uid who posted above) are not technologists somewhere deep at heart. What I tell - you do not seem to value the decentralization and independence it provides. Otherwise you would never write this: "...Once legitimate uses of blockchain are adopted as real-world applications, its then likely a second generation of cryptocurrencies may emerge as stable alternatives to fiat with greater adoption. Quite possible that the likes of Google, Microsoft and Amazon lead the way with the next generation cryptocurrencies by acquiring the current players. In comparison to a mobile farm in rural China, cloud mining with say Microsoft's Azure decentralised platform with their vast, secure and robust datacentres is most technically feasible and trustworthy."

"trustworthy"!??? - really? The big corporations are 'trustworthy' to you, so are the governments, huh?

Anything created and lead by likes of Google, Microsoft and Amazon will never be decentralized. That will be just a corporate cryptocurrency, giving power only to the creator. This is nothing like what Bitcoin has to offer. Bitcoin is not about technology anymore, it is about independence and widely distributed power, with no central authority(ies) who can do things at their will. Thats why 'next generation cryptocurrencies cannot replace Bitcoin - even if they are technologically more advanced, they will lack the spirit. Its a pity many people do not understand this, and they only see the technological part of cryptocurrency phenomenon, forgetting about the main humanitarian value of Bitcoin, which no cryptocurrency will ever replace. My English is too limited to explain this, sorry.

Quote from: g-uid on March 06, 2018, 04:38:01 PM

Agreed. Ignore this nonsense OP. I feel the same way. A big believer this side but trends are what they are and if you are an investor then you can't afford to hide behind a false curtain.

Nonsence is just inside your head. "Big believer" in what?
Trends are what they are, and nobody hides behind a curtain here. If all your want is to trade with the trend and make money, thats fine, just don't call yourself a believer or even an investor - you are a speculator and trader, but not a believer by any means.

Got it, thanks for your input Drays. Moving on..