aztecminer
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March 28, 2016, 08:24:56 PM

...
bitcoin does scale!
...

Why price can't stay up on its own? Why it go all flaccid & droopy when pumping stops?
Huh


Bitcoin is hardly flaccid and droopy.

In early November 2015, we got a pump to $502...
however, BTC prices have been largely between $360 and $460 thereafter.  I would hardly call those price dynamics flaccid and droopy.. instead I would call that "in a pretty decent place."


Yeah, sure, BTC prices may go back into the $300s and maybe even there could be another attempt at going below $350... but it is seeming less and less likely and more and more difficult to bring bitcoin below those seemingly firm price points.. There have been attempts to bring BTC prices below $400 in the past month, and even that has been seemingly difficult.. I would hardly call that flaccid and droopy.

In other words, BTC prices got pushed up to $502 and has stayed pretty resilient in the past about 5 months.  Looking good.


Marshal's Auction Pump of 2015.....


Your lil theory about the feds wanting to pump bitcoin makes little to no sense.

Contrary to your assumptions, bitcoin remains decentralized, and therefore the feds consider it as something that they would like to keep down rather than to pump......

Accordingly, those people pumping bitcoin from the $250s to $502 were largely speculators,  bulls and maybe even some bears who wanted to jump on the short term momentum train in order to be able to short at a higher price.... that group does not include fed bears because fed bears can print however the fuck much amount of money that they want, and they have NO incentive to attempt to make a few extra million off of the price difference in a marshall auction of less than 50k coins.

Snap out of your fantasy Mr. Aztec, and discontinue with your looney theories from Fantaztecminer.com


you think exactly what they want you to think.. i bet you think everything is just like on tv too don't you ??