So summary of this thread: OP is spamming yet another shitty altcoin. This is against Speculation board rules, mods please remove.

Speculators and leeches have had a "shit" year. Everybody else is just fine.

Not saying you are right, but a hypothetical question: Would insider trading regulations apply to currency purchases? I assume not.

As one who usually argues that long-term trends in BTC are not at all news driven: it's pretty obvious that THIS move was news driven.

Also, a price pattern recognizer may actually be good at predicting a market's responsiveness to positive news. But it will of course not be able to predict WHEN the news happens.

Lol no you haven't. You've been predicting fall to <$100 or even <$10. Predicting the general direction for a little while isn't difficult as there's a 50% chance of being right. This current "fall" is nothing. You idiot(s) are as far away from being "correct" about anything as it's possible to be.

If you want to compare transaction volumes with the past you have to compare it in fiat values though, 10 BTC today is not the same as 10 BTC a year ago.

Why do you think what anyone "deserves" has anything to do with where the price will go?

I'm on the edge but not over the edge. And that's where I feel most comfortable TBH.

Btc is not "suffering", it's not strange, nothing is wrong and you are making a scene

If someone is paying fallling to troll they should ask for their money back, he's not very good at it.

He keeps just posting "This user is currently ignored" over and over, I don't see how that is either bullish or bearish.

Is it too easy to answer your question with "dumb people"?

I'm glad for threads like this. They fill up my ignore list quota.

OP might be right, there is still too much optimism for a rally. Only when most if not all of the optimists are gone will we see the true bottom. I don't think it has to take a year or more though, a lot can happen in a year.

Falling, schmalling. I bought at $440 a few months ago, still made money at todays price. I've saved up some more fiat since then, I think it's time to buy some more soon.

On the contrary, down trends are when you are supposed to buy.

You can ban him. There is an "ignore" button. I visit this forum maybe twice a month to see what's going on and had never heard about this person (or so I thought.) Lo and behold, they were already on my ignore list.

Because despite popular opinion on this board, "news" isn't what drives bitcoin prices, and it never has been.

Also people who hang around here too much get completely myopic and think every price changes from one week to the next somehow reflects some kind of long-term trend in price. If you instead go out and, you know, actually have a LIFE every once in a while, you'll worry much less about bitcoin, and you'll see everything in perspective. Long "stagnant" stretches like this are very normal in bitcoin history. In fact this one hasn't even been that long.

There are absolutely patterns in bitcoin prices, there is no question about that. (Anyone who doesn't see them are probably blinded by some sort of dogmatic view on TA.) Whether those patterns follow classical TA "rules" or whether they are different for bitcoin, I'm not educated enough in classical TA to say.

However what is absolutely true and what you should never forget, is that studying price patterns can never ever be more than a proxy for understanding market psychology. The price is moved by people, and people cause all the patterns to happen. If a pattern repeats itself, it is only because groups of people tend to act similarly in similar situations.