Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

the fact that max has mentioned quark coin has pretty much convinced me that he's in the game for the sole purpose pumping and dumping. i'll watch his videos, but fuck him.. i don't think he's some sort of angel.

true, I noticed he follows a pumper on twitter.. https://twitter.com/fontase

Keiser is a pumper allright, no surprise there.

Are you talking about max keiser? what is this twitter? are they manipulating the market?

yes, Max Keiser, I don't follow his twitter. I doubt Keiser is big enough to sufficiently manipulate "the" market in a huge way, but I nevertheless think he buys before he start going in full-on hype mode, and then sells. And he probably has enough followers that it might make a difference.

Thanks for explaining, i thought he'd have enough money to not even be bothered about bitcoin but wanted to preach it for the good. So now i have to look at him as a profiteer and not for the good of bitcoin?

That is my view yes. I am pretty darn sure he buys the stuff with his own money. To what degree he tells himself that he is in it for the right reasons, or whether he truly sees himself as a pumper, that I am not so sure of. Some people can be very good in deluding themselves with all kinds of rationalisations while taking the route that benefits them the most money-wise.

So should we still be supporting bitcoin then? He's against the banks isn't he? That's the main reason i liked him but now i'm confused. I guess bitcoin can't be any worse than the banks

Bitcoin itself is not a pump-and-dump, only the self-serving copycats like quarkcoin are. If they were intended to be honest competition they'd be mined fairly.

As rpietila shows us, even the biggest players have trouble with Bitcoin manipulation these days.

That burgeoning stability is an extremely good sign for its future as a currency - a future quarkcoin lacks.

Good

I want it to do well, I have my coins in and hopefully it will be adopted like currency. When it get's to the high mark of $150,000 then i'll hopefully get a house with 1 coin probably even less for where i want the house

in deed. And seeing as for the biggest whales, cashing out equates to crashing out with horrible slippage, it's in their best interests that this become a currency, so they can use the full worth of their wealth. That's got the be the end game