Anyone have any ideas when the price suppressing bots will be reversed? Or have an idea how to confuse them, or destroy them? Apart from the obvious 'buy all their coins'.. a steady price is boring trading
Are you kidding? There's no such thing as "price suppressing bots". To lower the price you have to sell coins, to raise the price you have to spend BTC and buy coins. There is no other way except doing this or tricking others into it. Bots can automate selling/buying large amounts without moving the price much so you don't have to sit there and place an order every 10 minutes. Also they can make the chart look like it's all red/green. Look at DASH on Polo - a good example. It can fool only the most inexperienced traders, like the ones being attracted here by constant "this coin moon tommoro buy cheap coins buy buy buy" buzz.
The only reason for the downtrend is lack of interest and absense of outright manipulation.
Good post, but a bot with enough "stock" could push down the price and keep it down, until an opportune moment comes along and rebuy for an even lower price, and vice versa. And maybe not just a single bot, but several coordinated ones. Of course, with the help of some purchased accounts going around BCT blowing hot air
America's new debt ceiling - $19,600,000,000,000 (thats in the trillions if you were not sure)
Thats $60,000 debt for every man, woman and child in the country.
Ticking timebomb waiting to blow, keeping the gold nicely polished waiting for the day
Can anyone extend this graph out? At this insane exponential (possibly exponential2) growth, when will we hit a debt ceiling of 1 quadrillion? I think it will happen much sooner than we expect, possibly as soon as 2030 at the current rate of growth.
Doubt it will go that high, its already way past the unsustainable point as is. Also seriously doubt whether most of that debt will ever be paid back. The central banks bargain on the economy growing itself out of the debt but cannot see that happening. Not sure how they are going to get it sorted out, all I know is that something big is on its way and it ain't going to be a picnic.
Also, don't forget about Europe, Draghi is trying his level best to catch up on his own chart, don't like being left behind.
Here a nice comparison between the two.
Shit, how did we spend so much in 2016? I mean, 2017 wasn't exactly a parade either.
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BoardOff-topic
Re: Will you quit your day job to go full time on bitcoin?
by
d0om
on 07/11/2015, 23:24:50 UTC
Oh yeah, gonna quit my job and go full time BCT poster. 10k posts in 10 days. Can't deny that dollar and forty cent weekly payout
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Topic
BoardAltcoin Discussion
Re: [RIP] Altcoins - "It was a thing"
by
d0om
on 03/11/2015, 19:04:15 UTC
Alts are getting dumped like yesterday's garbage.
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Topic
BoardSpeculation
Re: Bitcoin surpassed $300 USD.
by
d0om
on 02/11/2015, 08:25:32 UTC
If I were holding, I would sell now and aim to rebuy wherever it bottoms out around mid January.
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BoardDigital goods
Re: WTB Magic Online Account with Collection and Tickets paying BTC.
by
d0om
on 01/11/2015, 20:07:21 UTC
I have a decent collection, don't really play anymore. But you'll have to give first or agree to a neutral middleman since you already have an scam accusation.
last night this ponzi scheme came to china and the price difference between huobi and bitfinex reached $30
That's hilarious. The Russian prince travels to Nigeria
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BoardPolitics & Society
Re: Why Google Is the New Evil Empire
by
d0om
on 29/10/2015, 19:38:54 UTC
Take a computer with a fresh OS installation. Start using it for regular web browsing and see just how long it takes before Google starts completing your sentences like a friend who has known you since the age of 5. Tell me that isn't creepy.
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Topic
BoardPolitics & Society
Re: Reddit’s science forum banned climate deniers.
by
d0om
on 29/10/2015, 19:33:14 UTC
So why again are climate change skeptics/deniers so threatening, if their views are so kooky? I mean, half the submissions on /r/science are completely off the mark and probably make most of the authors facepalm, anyway.