Bitcoin-People will get burnt to a crisp with this bulls~~~.

[It’sallbsParticipant]

@wontgetfooled-like I say so many people are naive as fcuk.

Your comment is spot on.

http://www.leavemeansleave.eu

[trader1913Participant 1577]

It’sallbs wrote:

I agree and the risks people take are base don what they think is going to happen.

Individual trades do not matter to successful traders. And the collective trades only matter in so far as they are making a profit.

What I think is going to happen is irrelevant; what matters is the tape, the chart, filings. If the tape has lots of sellers then the stock is going to drop in price and vice versa, it doesn’t matter which way I think its going to go. If the stock is making new 52 week highs on the chart; shorts are underwater and will cover (which can be seen on the tape). If the stock is making new lows, then every buyer is underwater and will sell (which can be seen on the tape).

Price action is not open to interpretation, you cannot predict a stock at $6 at the exact moment it is at $4, the price levels are set by the market of buyers and sellers.

[It’sallbsParticipant]

Investing in crypto currency is stupid because you are not investing in anything just like you don’t when yo invest in gold or tulips.

All you are doing is speculating on fugazi that has been driven to an artificially high price because others have bought it for the precise reason of selling it for a higher price in the future.

In reality it has no value whatsoever.

Now throw in wash trading and you are predicting the right time to buy more and the right time to sell base don guess work and blind luck whilst others are working together to artificially manipulate the artificial value in the way they want, be that up or down.

Further more bitcoin is not widely accepted legal tender, it’s difficult to store securely.

I could start my own currency I’m calling it it’sallbs’s knob cheese nuggets.

I’m only ever selling 5 million of them…

Jesus h titty bitty christ …

http://www.leavemeansleave.eu

[Gravel PitParticipant]

LOL, I just read the otger dudes rant about the exchanges all closing their doors and running for the hills. This is the f~~~ing stupidest thing Ive ever heard, this entire thread.

If the coin market was a gyp, then theyd of pulled the plug years ago, or especially in the last two weeks. Guess what, all your fear and paranoia keeps the prices low so I can buy more for the next upswing.

You kids are hilarious, and you old timers with your traditional investment habits are also funny. Looks like 30 year olds and generally smart people who like making money get to make it easily. I wont be back to this thread, its already gotten too much needless attention and was a waste of time

[Author]

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