Quote from: jbreher on April 25, 2018, 03:23:14 PM

Quote from: d_eddie on April 25, 2018, 02:35:28 PM

How about the PTB are trying to suppress bitcoin and generate despair through aimless volatility?

Aimless? Works for me. For JJG too, I reckon.

I don't think that there is any conspiracy, here in terms of BTC's ongoing volatility.

Volatility is kind of built into BTC, and powers that be and powers that don't be are having a bit of a struggle over the price of bitcoin and the price direction of bitcoin.

One of the most certain aspects of bitcoin remains that it is going to be volatile and the price battle is going to continue, so even if I feel like I profit more from the price going straight up, when the price goes down, there is an opportunity to make lemonade from the lemons and from the less preferred situation. My whole system (seemingly similar to the honey bear), is built upon accumulating bitcoin, and volatility is just a part in which you can insure yourself by selling on the way up and buying on the way down.. while stacking up a few extra coins, here and there....

So, yes, it had appeared that we were imminently destined the test $10k, but my system sold all the way UP.. and even though I had not really bought any coins between $6700 and $9700 (because there was not any sufficient dips in the past couple of weeks, in the past several hours, back into "buying mode"

Quote from: jojo69 on April 25, 2018, 03:25:53 PM

Quote from: jbreher on April 25, 2018, 03:23:14 PM

Quote from: d_eddie on April 25, 2018, 02:35:28 PM

How about the PTB are trying to suppress bitcoin and generate despair through aimless volatility?

Aimless? Works for me. For JJG too, I reckon.

right?

even the clown car, every time it moves .001 I make .001

I understand that you are referring to ETH - and I personally would not be employing such incrementalism system, unless that I have a belief in the fundamentals of the asset (which for me is not the case with ETH). So yeah, sure such an incrementalism step system can work for ETH on the short term, but it works better (to sleep comfortably at night) if you believe in the long term prospects of the asset (so better for BTC than ETH), and therefore your long term vision to accumulate and to HODL the asset through the bad times (which is a part of volatility).