Post
Topic
Board Speculation
Re: Ross Ulbricht 140k bitcoins
by
falllling
on 26/06/2014, 07:04:15 UTC
He was probably exaggerating. However he is correct when he says that anyone who dares post that the price might go down for whatever reason is probably going to get flamed by many members of this forum. Theres some sort of unspoken rule about never predicting that bitcoin might go lower, even temporarily...

Exaggeration is the key word. He doesn't just predict a dip, he calls for a big crash and then rejoices and celebrates every minor dip as if it were a newly discovered cure for cancer or an end to poverty. Every small setback to Bitcoin is treated as a wonderful positive thing. It's as if he hates Bitcoin. No wonder he's almost universally considered to be a troll.

Even many so-called "permabulls" routinely predict temporary price decreases when they are called for. It's a matter of degree.

no, there will be no more up trend but only dead cat bounces, $1200 to $xxx to $600, $600 to $xxx to $400, $400 to $xxx to $180, $180 to $xx to $20 etc..
i know he has lost some money so far and will lose more but this is what's going to happen,
he only wants to hear some lies about "to da moon" "get on the train" "we are just temporarily going down but soon the bull trap will start", otherwise he asks opponents to leave the forum

he only allows people to celebrate/talk about it/point it out/ at every raise but certainly not at dip,
so if he "likes" bitcoin, then bitcoin must raise forever, it can't be "get rich quick bubble" "keep staying at low price/die/be replaced at some day" "be used for high frequency trading/speculators"

so you see JimboToronto's selectively blind logic, he is denying but just telling you the same "don't say the price might go down or bitcoin is not going to the moon for whatever reason, or you will get flamed. the price is going down? no, i don't see it, don't show me, ... ok i see it but it's not true, it can't be, just some stupid weakers dumping cheap coins ... oh no!! the market is crashing but i believe it will raise again!!!! don't agree with me? then gtfo!"