Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
dreamspark
on 14/04/2014, 13:49:35 UTC
You chose to ignore them, you bought in didnt you, what makes you any better than anyone else.

Yeah and I bet the guys saying it from $1 are kicking themselves about the wealth they could have secured for themselves.

Who knows, $340 is as good of a bottom as any.

Or do you think that this is a bull trap and were only going down to previous YTL?

These faults weren't having an effect at the time when I bought.

They are stupid if they're kicking themselves for it. It's like kicking yourself after seeing the lottery numbers and saying "only if I chose 45, 5, 6, 11, 22 and 37". During this time there was only blind hope that bitcoin will be this big. No experienced, educated and knowledgeable investors got involved, so no skill was involved in seeing potential. Most of the ones who were involved then, were just dumb kids who got lucky at random google searches and got excited because they weren't skilled enough to assess the low probability of success.

Yes, that's what I thought, "who knows". Just some time ago you tried to present yourself as an skillful trader, but when asking some certainty on your predictions then the answer will always be "who knows". Because you really don't have a clue on what will happen. You aren't able enough to make proper analysis to support any of your predictions. You just make blind bets that have a 50/50 winning chance to you.

But I'm telling you with certainty, if there aren't new strong laws made to support the financial use of bitcoin in US or EU (I haven't considered China as an option for potential for a long time already), or if there aren't new markets opened with proper volume in new geographical locations, then this WAS NOT the bottom and it will drop more then 340$.

Yes, thats what I thought, of course these faults didnt matter when you were buying just when your not.

Your laughably wrong again, a lot of the early bitcoiners were far from dumb kids who got lucky from google searching, are you seriously that retarded? The majority of the early bitcoiners were older, well educated, skilled (most in cryptography) and saw and could understand the problems with "digital cash" that Satoshi has solved. An inordinate amount of skill and knowledge was required to see Bitcoins potential early. Your showing how little knowledge you posses of the history of Bitcoin.

Who knows was an ambiguous answer to an ambiguous question. Your basically asking will we see an ATH before a dip below $340 which is a question way too broad to give a definitive answer to. We could go to $1100 I could triple my money and then go down to  below $340 and I would still be wrong if I had said yes to your question.  I know your only trying to trap me in an answer but at this point it doesnt matter.

Comical how you ask me for a definitive answer then tell me your answer but with clauses that are open to interpretation to protect your prediction. Why would I say this is definately the bottom when all the Chinese exchanges could close tommorow? I dont need to make predictions like those when I can react the the market and news accordingly. I made my proper analysis and bought in the mid $350's I sold some of those coins today at +30% in 48 hours. I can now make predicitions on the next move . If we go down again I buy more all the time making money while you sit there making nothing on your very long term ambiguous assertions. Nobody has a crystal ball, nobody knows what will happen for sure but in the short term your loosing and the people your berating are winning. End of.

Yes, they didn't and that was the reason why the price rose from 200 to 1163. (I didn't sell at the exact top, but at around 1030). And now they do, and that's why the price has fell ever since. But you have no clue on what I'm talking about, do you?

These educated folks that you are talking about, were not and still are not into speculating with trading. Their interest in bitcoin was and is technical.
The traders, or a new race of beings, even lower in the foodchain, The Hodlers, were and still are mostly dumb kids who are not educated and don't have any experience in investing or trading.

I'm basicly telling you that you tried to pretend that you were certain that the price will rise from 340 to this, because you are a skilled short trader. I'm now giving you a chance to make a new solid short prediction where the price will be. You didn't even have to give the right number. Just say if this was the bottom or not. Is it really this hard to you? Where are your skills or are you telling me that you acted while not knowing on what you're doing?
My first point was, that you, me or anyone else can't predict the short term outcome of the current market movements. It's a blind bet to everyone and I would apprieciete it, if you wouldn't try to act like you knew what you were doing while buying sub 400.


This is the last reply I shall grace you with.

Comical again, and these faults magically didnt matter from 2-30 or the run up to 266, only when the price is going down. You speak as though 200-1200 was the only price rise in Bitcoins history.

I was confident that $350 was a good buy in point which it has proved to be you don't need any more evidence that I was confident about that other than the fact I bought. In fact thats stronger evidence than just saying it.

Your not asking for a solid SHORT prediction, you  didnt ask me if this was the bottom or not, you asked me if that was the bottom and were going straight to all time highs, thats one of the longest term speculations you can make at the moment. If you said will we go to the bottom in the next week that is a short term prediction.

"These educated folks that you are talking about, were not and still are not into speculating with trading. Their interest in bitcoin was and is technical.
The traders, or a new race of beings, even lower in the foodchain, The Hodlers, were and still are mostly dumb kids who are not educated and don't have any experience in investing or trading."

Talk about a contradiciton. These educated folks who arent trading are by definition hodlers yet in the next sentance you call them dumb kids and the lowest in the food chain  Roll Eyes

Stop speaking to me like I've made one prediciton and luckily got right. The last price prediciton I made was a short at around $440 and I said I would buy back at just over $400, that happened as well. I'm not acting like a pro trader who always gets it right, no one is, to make money you only have to be right >50% of the time. You havent put any money where your mouth is while just spouting we're going down.

 Why dont you throw some of your BTC profits on finex and short it then been as your so sure we're going down. Maybe that will add some weight to your argument.