inca
Legendary
*
Offline Offline

Activity: 1162
Merit: 1000


View Profile Personal Message (Offline)

Ignore
September 29, 2014, 03:36:58 PM

All the bears selling and shorting now is really going to create a huge buying pressure once we have a good solid period of green candles. Once all of your coins are gone only the holders and miners will have bitcoins and thus creating a smaller daily supply. I really thank you guys for loading this spring.... when the bitcoin market turns around it's going to be quite an epic price explosion.

We heard that one for how many months now ?

The coins are never "gone". What is being sold today can be again sold tomorrow by the buyers of today. How do you know the buyers of today are holders ? If their expectations are not met, they might very well sell as well.

When you pull too strong on the spring, it bends and breaks.

The majority of the coins being scooped up now aren't being bought by Joe public. At extreme price levels it is the big players who buy low. That is just how markets work.

/r/bitcoin is spammed with troll and doom and gloom.
/r/bitcoinmarkets is near universally bearish

We are gearing up for a flash crash followed by a high volume reversal even exocytosis cannot miss. Where it happens who knows. But like klee I will continue to buy all the way down!

The big players. Right. Can you show us some kind of proof this is happening?

You want proof big players buy on price weakness and market extremes..er seriously?