N O C O I N E R S

StrangeWizard
StrangeWizard

N O C O I N E R S

C O P E

Other urls found in this thread:

youtube.com/watch?v=1lWJXDG2i0A
google.com/trends/explore?q=buy bitcoin
bloomberg.com/news/features/2017-01-19/how-deutsche-bank-made-367-million-disappear
localbitcoinschain.com/address/1P5XmvGkyre7Ho3kwnsUBunfsa2WeP9ZTj
localbitcoins.com/faq#gs-how-long-to-receive

SomethingNew
SomethingNew

What's it feel like to be on an island of denial?

You need to brush up on your first 2013 pump chump.

There is no volume and you are dead cat bouncing.

Nobody is left to take the bait.

Be ready to go into withdrawal soon addict.

happy_sad
happy_sad

there are people who literally watch the BTC chart ALL DAY LONG and post cope threads when it increases $15

Playboyize
Playboyize

$15 increase is around $4000 increase for me breh

Methnerd
Methnerd

there are people on Veeky Forums who dont appreciate coin cultists as a fundamental part of our board's culture

SniperGod
SniperGod

The price was like $220 for two years and about $400 for a year

That's three years when you probably heard of it but dismissed it or bought a bullshit altcoin

When I think of all the people who sold and then FOMO bought back in it really makes me smile smugly bigly

Dreamworx
Dreamworx

NOCOINERS DIDN'T BUY THE DIP

LMFAO

COPING TEARS ARE THE MOST DELICIOUS OF TEARS

Need_TLC
Need_TLC

As a BTC trader I need to always be watching the price

Lunatick
Lunatick

Selling here I'll buybthe dip again

Feelsgoodman

WebTool
WebTool

selling on the dip

TreeEater
TreeEater

only if you cashed out

Skullbone
Skullbone

I have 60 bitcoins and I'm cashing out now. This is the dead cat bounce.

TurtleCat
TurtleCat

i believe it is, it looks like one and many will notice this and that is a self fulfilling prophecy in the making.

iluvmen
iluvmen

...

Poker_Star
Poker_Star

Your attitude puts you in the "return to normal" phase.

Methshot
Methshot

Yea and the exchange is just gona give it to you right?

Snarelure
Snarelure

such is life and bitcoin

Emberburn
Emberburn

There is no volume
The Chinese authorities removed a lot of the blatantly fake Chinese volume, yes.

Nude_Bikergirl
Nude_Bikergirl

youtube.com/watch?v=1lWJXDG2i0A

Lord_Tryzalot
Lord_Tryzalot

COPE

Evil_kitten
Evil_kitten

Just sold everything at 905 lol

massdebater
massdebater

dead cat bounce

This is the Chinese exchanges implementing trading fees.
Linking this to some magically predetermined chart timeline is stupid.

Trading fees are a very good thing btw. Helps get rid of the stupidly fake Chinese volumes.

Last week or something, the Chinese exchanges stopped margin trading and leverage, and there was a dip and then swift recovery too.

Poker_Star
Poker_Star

That's cool and all, but who's going to buy the coin? How many bag holders are trapped at 1k+ USD?

0.2% is an insane fee (I'm sure they'll lower that), but given how high it is, it just reflects how much of their volume is faked.

Whales can't pump that high unless bag holders exit at a loss (otherwise they'll shit on the pump and unload their bags), this shakeout may last weeks to years.

You've seen the resistance at 6400 CNY. That's bag holders unloading. Whale decided to say fuck it and dumped.

Granted, this shake-out/dump may result in a higher push. In fact this may be the shake out necessary to push past 1k USD/7k CNY.

But at this time I don't care anymore. I've made more than a year's salary in three months.
I can buy back in at ANY price as long as the movement matches my position.

Playboyize
Playboyize

Last week or something, the Chinese exchanges stopped margin trading and leverage, and there was a dip and then swift recovery too.

You have to realise that was 100% manipulation.
Whales crashed the price to 700-800s USD and bought it back up to 900s. They also cashed in on all the discounted futures contracts which they bought during the dump.

Anyways it does not look good for a bull market right now. If it tests 700s again the bottom WILL fall out.

Gigastrength
Gigastrength

Finally, we have to understand that retail investors have already been rekt and are dropping their bags right now.

google.com/trends/explore?q=buy bitcoin

See the decline? That's the nail in the coffin. Without retail "investors" this bubble is done.
If you want to get technical there's also divergence on RSI, MFI and various other indicators that suggest the buying side is weakening.

Techpill
Techpill

All that fake Chinese volume was because of the big Chinese three (Huobi, OKCoin, BTCChina) trying to outdo each other in volume.

For the traders themselves, very little has changed.

The Bitcoin market just got a LOT healthier.

Whales crashed the price to 700-800s USD and bought it back up to 900s.
Panic after the PBoC oversight announcement did that.

Everybody knows the Chinese volumes were bullshit, and that's been corrected.

Last week I predicted that the PBoC was going to enforce trading fees, it was extremely predictable and VERY necessary.

The PBoC is a godsend for bitcoin.

TreeEater
TreeEater

Of course, but it doesn't mean it's going to go up. I'd short but idgaf and I'm running away with 50k+ usd profits in three months. I'm not mad if it pushes to 1k again, I just don't see it happening any time soon.

Carnalpleasure
Carnalpleasure

it doesn't mean it's going to go up
Of course, but why wouldn't it?
This game is all about trust, and that trust just got a huge boost.

The only change that has happened since the start of PBoC involvement since January 5 has been for the better.

Of course this kind of announcement is going to startle a few people in the very short term, but in reality the stage is set for a much healthier bitcoin market.

If nothing else, people will now realize the Chinese don't actually own 98% of all bitcoin.
And this was one of THE biggest concerns these past months.

Evilember
Evilember

This game is all about trust
that is probably where you are totally wrong.

the game is about greed and fear. simple as that. btc soars when people fear a financial collapse of hyperinflation or other government fuckery. then this fear alleviates they cash the fuck out because holding a volatile not liquid asset that has huge exchange cost is too risky when everything is running normal.

Flameblow
Flameblow

obviously the greed part is referring to the speculative use. but they are not immune to fear either they just fear different things.

whereismyname
whereismyname

the game is about greed and fear. simple as that.
And trust.
Also, fear is literally a lack of trust.

Even the most hardened wall street shark looking for the shortest short will only buy if he trusts that shit is going to go up.

Spazyfool
Spazyfool

Also, fear is literally a lack of trust.
indeed bitcoin is a trustless system driven by fear.

MPmaster
MPmaster

Oh, you're one of those retards.

askme
askme

it's true for 99.99% of the people: if they would not fear the erosion of their wealth they would never touch bitcoin. they wouldn't even care it exists. some probably has some geeky interest in the crypto currency itself some hold it speculatively expecting the rest of the populations fear turning into his profit.

trust does not play a role in it. sure people have to trust bitcoin will be worth anything in the future or they can exchange it for fiat in the future or everyone would drop it like a hot potato as it has happened once. but it's not trust in the traditional sense as there is none or no entity to trust it's more like wishful thinking or a shared delusion than real trust.

hairygrape
hairygrape

if they would not fear the erosion of their wealth they would never touch bitcoin

I love how you spin the general concept of anti-inflationary investment into an attack on bitcoin.

You're an idiot, plain and simple.

Methshot
Methshot

I love how you spin the general concept of anti-inflationary investment into an attack on bitcoin.
i don't spin shit, i'm just telling you that no matter what you hallucinate bitcoin price is only moved by fear and greed. but mostly fear.

You're an idiot, plain and simple.
i can tell you ran out of arguments user. it's okay! you don't have to win every debate on the internet.

Sharpcharm
Sharpcharm

Everything you said is just as """true""" for ANY commodity/investment/currency/...

PurpleCharger
PurpleCharger

in a way yes. but there is a difference between bitcoin and the other assets used as hedge.

bitcoin is mighty hard to confiscate or stop at the borders. so at one point when the shit really hits the fan gold and stuff will not be a real option. that is when bitcoin rallys happen. greece, china, india, venezuela etc...

just watch when the economy is healthy and there is low level of general fear bitcoin slumps down.

BunnyJinx
BunnyJinx

One thing I've learned by heart is:
Do the opposite thing to what Veeky Forums says.

Ignoramus
Ignoramus

but then you will not do anything. you can't find a single topic with general consensus.

Fried_Sushi
Fried_Sushi

Now you're talking sense.

And while it's true that times of confiscation and fear are part of bitcoin's appeal, remember that bitcoin would be useless in the the ultimate masturbatory fear of SHTF.

Also, bitcoin has a lot more going for it than being a handy commodity during times of turmoil.
It's also free from the direct influence of politicians, bankers, and corporate boardrooms.
Globalism done right, you might say. And this is coming from a staunch anti-globalist (the Soros kind at least).

Need_TLC
Need_TLC

anyone want 0.00008838 BTC?
it's the leftover from my selling everything, anyone that posts a btc address that rhymes with his get gets it.

w8t4u
w8t4u

It's also free from the direct influence of politicians, bankers, and corporate boardrooms.

A quick example:
bloomberg.com/news/features/2017-01-19/how-deutsche-bank-made-367-million-disappear

Not only is bitcoin a very sound concept in theory, the blockchain also makes it genius in practice.

lostmypassword
lostmypassword

13gqaceTJePmrbVmNHz1Pmz3iv1Mk1JQfB

Poker_Star
Poker_Star

Do you even know how to rhyme?

Methshot
Methshot

sorry user i didn't check if there is a minimum. well fuck.

Emberfire
Emberfire

Yes? He transfers the btc to localbitcoins or coinbase and sells it. Everyone who pretends that its hard to sell bitcoins are a bunch if morons, it literally takes less than 15 minutes at worst.

Firespawn
Firespawn

I'll send you .00002, what's your address

LuckyDusty
LuckyDusty

1P5XmvGkyre7Ho3kwnsUBunfsa2WeP9ZT

RumChicken
RumChicken

wait 1P5XmvGkyre7Ho3kwnsUBunfsa2WeP9ZTj

bad copy paste

ZeroReborn
ZeroReborn

do you want me to send it to the other guy or your address?

GoogleCat
GoogleCat

Send it to the other guy. Sent BTW.

Nude_Bikergirl
Nude_Bikergirl

i see it, ok

Deadlyinx
Deadlyinx

go gamble it on some satoshi dice site

Emberfire
Emberfire

if i can't transfer it to that user i sure as hell can't do anything about it.

localbitcoinschain.com/address/1P5XmvGkyre7Ho3kwnsUBunfsa2WeP9ZTj

it's weird the transaction confirmed many times over and the amount was already spent by localbitcoins. yet it is not showing up on my account.

localbitcoins.com/faq#gs-how-long-to-receive
ahhahaha
localbitcoins.com/faq#gs-how-long-to-receive
i really should read that shit thoroughly one day.

the fucking assholes will never credit it.

well fuck i tried. sorry about it anons!

Flameblow
Flameblow

*Please note that the minimum you can send to your LocalBitcoins wallet is 0.0002 BTC. Bitcoin deposits less than that are not processed.

eGremlin
eGremlin

The Bitcoin giveth and the Bitcoin taketh away :^)

Lord_Tryzalot
Lord_Tryzalot

the blockchain also makes it genius in practice.
... because among others you couldn't make shit disappear like Deutsche Bank did in that article, if that wasn't clear.

5mileys
5mileys

Screencapped

Bidwell
Bidwell

its already been screencapped!
just save the image

idontknow
idontknow

Screencapped

Burnblaze
Burnblaze

I have been buying every dip since january 2015 and making tons of money.

Honestly who doesn't get rich with this

Firespawn
Firespawn

They are tracking you and have all the exits tapped.

No one gets rich for free.

This ends so badly.