Quote from: darlidada on May 27, 2014, 01:17:07 AM

Quote from: Torque on May 26, 2014, 10:12:16 PM

Quote from: spazzdla on May 26, 2014, 07:45:21 PM

Quote from: zerk89 on May 26, 2014, 07:42:51 PM

news seems to be always timed perfectly to keep the price in check so that it follows the price pattern
weird huh!

Almost like some big big players are messing around.

I mean bigger than buffet, the true wales hide everything about them.

You will consistently see negative FUD news about bitcoin in one of different 3 periods:

1. Shorters/day traders trying to drop the price during an uptrend

2. Whales/Banks/Govt/Powers-that-be that WANT to pop a bubble top (funny how the worst of the worst negative news comes coordinated just precisely at these times, doesn't it? Uncanny! Look for it at the top of the next bubble (e.g. exchange being closed by a gov't or going belly up, some government raid or banning, etc.) It will be obvious, but will come out of left field.)

3. The long tail after a bubble pop - oh boy, the media and the FUD spreaders have a field day with this one. Just a steady stream of FUD and negativity for months, bitcoin witch hunts, etc. Notice that it's interspersed with some good news here and there, to cause the rise-and-fall stair step pattern down, with lower highs and lower lows. The idiot troll day traders know exactly what they are doing, as this gives them much more return than just selling everything at the top and walking away. Remember, they sold at the top and also caught the falling knife of the bubble pop, so they also get the benefit of the double-top/dead-cat-bounce and potentially doubling their profits for the 4-5 months after the top as they slowly, painfully sell it back down again.

4. Also notice as an aside: once at the very bottom of the downtrend, all negative news about bitcoin in the media completely goes away. From that point forward it's all kumbaya positive news again. Again, weird huh? That couldn't possibly be on purpose, could it? So you think that's air you are breathing now, Neo? Wink

nice post, thank you!

Thanks.

Based on the recent new threads started today on this sub (by our fav trolls, some old, some new), guess which phase we are in now? Grin