The market is missing all that drama and looks very boring these days. whenever i look into btc-e all I get is 613.....619....622 , these are the digits I have seen most number of times this month.
Topic: 600$ Crossed. (Read 7705 times)
Tomorrow is Monday we might see some action this is missing from a long time , Hoping for that and 650$ this week
The market is missing all that drama and looks very boring these days. whenever i look into btc-e all I get is 613.....619....622 , these are the digits I have seen most number of times this month.
The market is missing all that drama and looks very boring these days. whenever i look into btc-e all I get is 613.....619....622 , these are the digits I have seen most number of times this month.
One man buying off a bid. welcome to the 1% taking over again.
sigh....!!!
By 1% sub means that most of the wealth in any system is controlled by 1%. Libertarians believed Bitcoin may change this, but as far as every one can understand any financial domain will be dominated, well, 1%. Harsh reality.
But sub, you know what Bitcoin ( in general cryptography ) has changed ? It has given you hope,belief and tools where you, a small start up or a simple common man can challenge establishments
May be its getting a bit offtopic and dont want to hijack op's discussion.
Regards
The man who bought is a well known startup VC. I guess the funds are going to get used for, well, bitcoin startup funding. Ain't that good for Bitcoin?
I see a problem if a large bank buys 100,000 BTC and try to control USD/BTC prices with the bullying power.
One man buying off a bid. welcome to the 1% taking over again.
sigh....!!!
By 1% sub means that most of the wealth in any system is controlled by 1%. Libertarians believed Bitcoin may change this, but as far as every one can understand any financial domain will be dominated, well, 1%. Harsh reality.
But sub, you know what Bitcoin ( in general cryptography ) has changed ? It has given you hope,belief and tools where you, a small start up or a simple common man can challenge establishments
May be its getting a bit offtopic and dont want to hijack op's discussion.
Regards
One man buying off a bid. welcome to the 1% taking over again.
sigh....!!!
It seems like we are sinking below 600$ again , I just hope that doesn't happen , I was hoping that we'll see the 700$ mark again this month when the auction ended last month although I'm still hopeful for that Just hoping that we don't sink below 600$, otherwise its not gonna be easy.
I think the reverse. Though I'm not hoping for 700, I think market will cross 650 soon, because market manipulators always try to dissuade people with wrong indications to book profit. As it is indicating downward, it'll take a sharp turn and go up and as soon as u start thinking that it'll continue to go up, it'll actually go down. Same happens for share market too...
It seems like we are sinking below 600$ again , I just hope that doesn't happen , I was hoping that we'll see the 700$ mark again this month when the auction ended last month although I'm still hopeful for that Just hoping that we don't sink below 600$, otherwise its not gonna be easy.
If anyone wanna know who is the one who acquires 30k bitcoins after winning the auction , He is Tim Draper a well known VC
http://www.coindesk.com/tim-draper-revealed-silk-road-bitcoin-auction-winner/
http://www.coindesk.com/tim-draper-revealed-silk-road-bitcoin-auction-winner/
In my opinion that was a great person who bought those coins. He has been a start up investor in a lot of great companies and products.
One man buying off a bid. welcome to the 1% taking over again.
sigh....!!!
If anyone wanna know who is the one who acquires 30k bitcoins after winning the auction , He is Tim Draper a well known VC
http://www.coindesk.com/tim-draper-revealed-silk-road-bitcoin-auction-winner/
http://www.coindesk.com/tim-draper-revealed-silk-road-bitcoin-auction-winner/
More reports here...
Venture capitalist Tim Draper won the U.S. Marshals bitcoin auction earlier this week that captured about $18 million for 30,000 bitcoin, according to an e-mailed statement sent to Reuters.
Source 1: http://www.reuters.com/article/2014/07/02/us-usa-bitcoin-idUSKBN0F719920140702
Source 2: http://dealbook.nytimes.com/2014/07/02/venture-capitalist-tim-draper-wins-bitcoin-auction/
Source 3: http://www.chicagotribune.com/business/breaking/sns-rt-us-usa-bitcoin-20140701,0,4038036.story
Source 4: http://www.coindesk.com/tim-draper-revealed-silk-road-bitcoin-auction-winner/
If anyone wanna know who is the one who acquires 30k bitcoins after winning the auction , He is Tim Draper a well known VC
http://www.coindesk.com/tim-draper-revealed-silk-road-bitcoin-auction-winner/
http://www.coindesk.com/tim-draper-revealed-silk-road-bitcoin-auction-winner/
Price correction is happening , and that is bound to happen but one bidder bought all the 30k BTC , thats crazy lol
Only question that should be asked is " where the market settles on this one ..? " I hope we are not sinking below 600$ again , 630$ should be the price till we go up and over 700$ mark. I'm expecting btc to hit the 700$ mark once by the end of this month. I don't think someone who bids for 30btc and spends a good amount of $$$$ in it will take any stupid decision that creates any down trend .am expecting it to land high, if the US government can sell Bitcoin, this is a stamp of validity that cannot question anyone else who sells.
^^^This, US government is selling bitcoin, is actually a Golden moment in the history of bitcoin.
That is indeed a big moment for Bitcoin and lets see what stand USA further takes on BTC .
Price correction is happening , and that is bound to happen but one bidder bought all the 30k BTC , thats crazy lol
Only question that should be asked is " where the market settles on this one ..? " I hope we are not sinking below 600$ again , 630$ should be the price till we go up and over 700$ mark. I'm expecting btc to hit the 700$ mark once by the end of this month. I don't think someone who bids for 30btc and spends a good amount of $$$$ in it will take any stupid decision that creates any down trend .am expecting it to land high, if the US government can sell Bitcoin, this is a stamp of validity that cannot question anyone else who sells.
^^^This, US government is selling bitcoin, is actually a Golden moment in the history of bitcoin.
Price correction is happening , and that is bound to happen but one bidder bought all the 30k BTC , thats crazy lol
Only question that should be asked is " where the market settles on this one ..? " I hope we are not sinking below 600$ again , 630$ should be the price till we go up and over 700$ mark. I'm expecting btc to hit the 700$ mark once by the end of this month. I don't think someone who bids for 30btc and spends a good amount of $$$$ in it will take any stupid decision that creates any down trend .am expecting it to land high, if the US government can sell Bitcoin, this is a stamp of validity that cannot question anyone else who sells.
Price correction is happening , and that is bound to happen but one bidder bought all the 30k BTC , thats crazy lol
Only question that should be asked is " where the market settles on this one ..? " I hope we are not sinking below 600$ again , 630$ should be the price till we go up and over 700$ mark. I'm expecting btc to hit the 700$ mark once by the end of this month. I don't think someone who bids for 30btc and spends a good amount of $$$$ in it will take any stupid decision that creates any down trend . According to the reports all the auctioned coin went to one bidder.
http://www.coindesk.com/us-marshals-one-auction-bidder-claimed-all-30000-silk-road-bitcoins/
Now its upto you whether you take it negatively and hit the Panic button or stay strong and hold your ground.
http://www.coindesk.com/us-marshals-one-auction-bidder-claimed-all-30000-silk-road-bitcoins/
Now its upto you whether you take it negatively and hit the Panic button or stay strong and hold your ground.
Price correction is happening , and that is bound to happen but one bidder bought all the 30k BTC , thats crazy lol
According to the reports all the auctioned coin went to one bidder.
http://www.coindesk.com/us-marshals-one-auction-bidder-claimed-all-30000-silk-road-bitcoins/
Now its upto you whether you take it negatively and hit the Panic button or stay strong and hold your ground.
http://www.coindesk.com/us-marshals-one-auction-bidder-claimed-all-30000-silk-road-bitcoins/
Now its upto you whether you take it negatively and hit the Panic button or stay strong and hold your ground.
I dont get anything to panic in this. Seems the market has taken it positively too... But, is there any way we may come to know this single bidder, the shark ?
Just wait for few more hours you'll get to know everything about the bidder...! after all bitcoin is not as anonymous as few thinks it is ..!
According to the reports all the auctioned coin went to one bidder.
http://www.coindesk.com/us-marshals-one-auction-bidder-claimed-all-30000-silk-road-bitcoins/
Now its upto you whether you take it negatively and hit the Panic button or stay strong and hold your ground.
http://www.coindesk.com/us-marshals-one-auction-bidder-claimed-all-30000-silk-road-bitcoins/
Now its upto you whether you take it negatively and hit the Panic button or stay strong and hold your ground.
I dont get anything to panic in this. Seems the market has taken it positively too... But, is there any way we may come to know this single bidder, the shark ?
According to the reports all the auctioned coin went to one bidder.
http://www.coindesk.com/us-marshals-one-auction-bidder-claimed-all-30000-silk-road-bitcoins/
Now its upto you whether you take it negatively and hit the Panic button or stay strong and hold your ground.
http://www.coindesk.com/us-marshals-one-auction-bidder-claimed-all-30000-silk-road-bitcoins/
Now its upto you whether you take it negatively and hit the Panic button or stay strong and hold your ground.
There are reports that the average bids are around $500, which would mean this rise could be caused by people offloading their coins at a higher rate, waiting for a steep dive.
If the rate announced today is at $500 or below, the market may drop for correction.
If the rate announced today is at $500 or below, the market may drop for correction.
BTC is rallying quite good but as you said , I too think it will correct soon , good time to sell though
SR coins have been sold. Below is the Tx...
https://blockchain.info/tx/9e95c3c3c96f57527cdc649550bf8e92892f7651f718d846033798aee333b0c3
Market rally begins ...Buy time friends
There are reports that the average bids are around $500, which would mean this rise could be caused by people offloading their coins at a higher rate, waiting for a steep dive.
If the rate announced today is at $500 or below, the market may drop for correction.
If the rate announced today is at $500 or below, the market may drop for correction.
BTC is rallying quite good but as you said , I too think it will correct soon , good time to sell though
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