Quote from: institutionaltrader on October 06, 2014, 09:59:08 AM

Quote from: Bobsurplus on October 05, 2014, 10:13:55 PM

Quote from: BitcoinNewbie15 on October 05, 2014, 04:15:51 PM

I have a question for the bulls... I am not falling, or any other "troll" account. But i have a few points for the bulls and i was wondering if you could counter them...

Points
- The winklevoss etf will actually be shot down
- just kidding im not doing that

Serious points
- Miners dumping thousands of BTC a day
- A lot of people say, that the only reason BTC hit 1k+ was because of the willy bot. Not to mention there was actually proof of the willy bot on mt gox.
prior to the willy bot, btc wasnt over 250. What if right now, the dust is settling and BTC is returning to what it should naturally be. Which means right now, BTC is currently overpriced
- Merchants convert BTC to USD instantly

And i think it is funny. I was like everyone on this forum a few months ago. I would look at a fallllling thread and laugh, not only at the grammatical errors, but also his crazy predictions. However, he and all the other "trolls" here, have been correct. Maybe they didnt get the time frames right, but they sure did get the prices right. and they can come back, and warn us some more, but we probably wont listen. But the price keeps falllling...

-Miners gotta make money, gotta pay bills.. Nothing we ca do about that.
-btc hit $1000 due to mass panic buying and media coverage.
-Not all, Overstock keeps some for the long term.

As a BTC bull, I'd like to remind you that this is the last time you're gonna see this type of swings. The early adopters/market manipulators have one last go at it. Once the ETF launches we wont be talking about little money like we are today. Today its easy to move the market around with a few million bucks. Think about how hard it going to be be though once that ETF hits. Now were talking aboutevery financial market around the world having a vehicle to invest in bitcoin. One that's safe, trusted and regulated. I'm talking about trillion dollar markets being able to cash out a bit and hedge in btc.

Bitcoin to the moon fellas.....

The ETF won't do anything to the underlying asset. If they are buying their BTC via exchanges, you have exactly the same risks than buying BTC directly and no one will help you if anything goes wrong.

You dont know what you're talking about. Leave now please and let the serious investors talk.