Quote from: MatTheCat on April 18, 2014, 10:21:15 AM

Quote from: Ibian on April 18, 2014, 03:27:45 AM

You should probably know that mat is not the best person to ask for advice. He had single digit coins, snorted them up his nose through the silk road and didn't buy in till 700 or something like that. He is also a self-admitted shit trader and claims no longer to care about bitcoin.

What does your signature say Ibian?

"there is no bubble"

Did you have that signature when Bitcoin was at $1200?

A) yes he did.

Would you have advised a newcomer to be buying in all the way down from $1200

A) yes he would.

Would a new-comer to Bitcomer to Bitcoin therefore be seriously underwater had he listened to your advice anytime in the past 5 months?

A) yes they would.

And what about newcomers who listened to me when I told them not to buy in at $800, $700, $600 $500? They would still have their heads well above water right?

A) Ask bitcoinsrus who was practically commanded to buy 'cheap' coins @$820 by a big pile of Bitcoin Nutters on here only for me to stress firmly that he shouldn't.

Yeah...i am a shiote trader. I have even been stating that Bitcoin was overdue a counter trend rally up to $540 (check my post history) for quite some time yet still manage to get wiped out chasing a missed short opportunity. Nobody should ever copy my trades, not ever..... Being a good trader is 85% to do with being the right personality type and that type just isn't me...........But my ability to call a general trend has been pretty good up until now. Given enough time and even my last ever short trade would have come good...if I hadn't exited it with a 50% loss.....if it wouldn't have been 100% liquidised due to Bitcoin going 35 cents beyond it's liquidisation price at the very top of the price spike.

Sorry Ibian old bean, but $200 range it will be. Bitcoin takes these near vertical counter trend price spikes, rises 40% within a few days and then we find time and time again that there is no demand for Bitcoin at these levels cos the only real demand for Bitcoin is speculative demand. If people can't make money from it then they don't buy it and start selling it. Perhaps you should sell yours? After all, how fucking stupid would you feel if you are still holding in $200 range when you could have sold in $1100 range? That would constitute a massive loss in my books no matter what price I bought those coins at.

But dont you care at all about bitcoins advancement as a currency? Or are you purely an investor/trader?