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Topic: #bitcoin IRC log: A pirate leads a flock of sheep over a cliff. - page 4. (Read 10339 times)

legendary
Activity: 2072
Merit: 1001
I am still amazed at how quickly people give out their money to complete strangers with a compelling
story how it will benefit them without really even knowing what is going on in the back ground.

fun times.

I will just keep mining and selling into this recent awesome upswing in prices! USD for me.
The sure thing in my book.
legendary
Activity: 1904
Merit: 1002
so why are all the pass through bond sitll being traded at more than face value.

Why would they not be?
donator
Activity: 1120
Merit: 1001
so why are all the pass through bond sitll being traded at more than face value.
legendary
Activity: 1050
Merit: 1000
legendary
Activity: 1904
Merit: 1002
Boo on editing.  People's replies to censored comments are out of context.
legendary
Activity: 873
Merit: 1000
... and made $20K USD

and [claimed to have] made $20K USD

but for that to have happened with no change in net position after it was all over, there would have needed to have been buying volume equal to 85% of the selling volume.  that doesn't appear to have occurred: http://bitcoincharts.com/charts/mtgoxUSD#rg1zig1-minzczsg2012-07-17zeg2012-07-18zm1g10zm2g25zi1gAccDistzvzcv

now if you were on an ego trip, and had other people's bitcoins where you could throw caution to the wind with no recourse, this makes more sense.
legendary
Activity: 2100
Merit: 1000
Pirate is too small of a fish to control and direct the bitcoin market over the long run. He can try short term but longterm fail - as he has even already admitted.
legendary
Activity: 1358
Merit: 1002
the best part is Atlas going crazy xD

Atlas being Atlas, you mean. Wink
hero member
Activity: 784
Merit: 1000
bitcoin hundred-aire
the best part is Atlas going crazy xD
hero member
Activity: 614
Merit: 500
He warned to stop buying... then he crashed the market by 15% Shocked
... and made $20K USD

He made $20K USD, but he will not get those coins back for the same price..
hero member
Activity: 784
Merit: 1000
0xFB0D8D1534241423
He warned to stop buying... then he crashed the market by 15% Shocked
... and made $20K USD
hero member
Activity: 931
Merit: 500
reddited:

Quote
[2012-07-17 05:45:12] There is one thing i love more than trading bitcoin...
[2012-07-17 05:45:21] GETTING a reaction!

[2012-07-17 05:53:34] Yes, Everyone BUY
[2012-07-17 05:53:39] EVERYONE
[2012-07-17 05:53:45] GO!, NOW
[2012-07-17 05:54:01] The more you buy the more I make.

[2012-07-17 05:55:53] zab_, this is the first time ive ever played the market.  It was simply a statement, I don't plan on making it part of my process.  It's simply a warning.

[2012-07-17 06:36:07] Last warning....
[2012-07-17 06:36:31] Sell everything
[2012-07-17 06:38:55] I warned you guys right?

[2012-07-17 06:42:38] Ill say it one more time, STOP BUYING
[2012-07-17 06:43:32] Bitcoin bubble is not good for any of us.
[2012-07-17 06:46:33] People are still buying like idiots.

[2012-07-17 07:39:58] keverw, never trust a pirate.

[2012-07-17 07:47:09] Who wants to go up?
[2012-07-17 07:47:22] im okay with up Smiley
[2012-07-17 07:48:04] ok... who wants to go down?
[2012-07-17 07:48:09] I do!
[2012-07-17 07:48:17] I want it sideways
[2012-07-17 07:48:28] zab_, that's what i want.

[2012-07-17 07:53:20] opticbit, do you know how pump and dumps work?
[2012-07-17 07:54:32] opticbit, today's activity is based on the 80% of the market not paying attention.

[2012-07-17 07:57:21] 80% is the people not in our tiny community.
[2012-07-17 07:57:28] Im trying to make a point here.
[2012-07-17 08:06:28] well guys, i think i've scared off the sellers. I'm tired and going to call it night and let the bots play.  IRCFrEAK, im pulling the my wall and dumping.... Get ready!
[2012-07-17 08:08:20] Ya'll keep buying... ill see ya in the morning.  Night
[2012-07-17 08:08:38] good night pirate
[2012-07-17 08:08:40] ITS A TRAP
legendary
Activity: 1458
Merit: 1006
Code:
this was kind of like a training simulation.
it will all make sense soon enough.

crashed is != corrected.
we don't want another bubble and my charts/triggers were screaming at me.

pirateat40, could you stop another "rally" if one were to ignite right now and buy up above $10?
proudhon, i could take use to 1.80 if i needed to.

There is no point in the last 7 months that I've not been in control of the market.

Keep buying people...
I'm just going to say this [one] time.... If you panic buy, you're going to lose.
Yes, Everyone BUY
GO!, NOW
The more you buy the more I make.

this is the first time ive ever played the market. It was simply a statement, I don't plan on making it part of my process. It's simply a warning.

80% is the people not in our tiny community.
Im trying to make a point here.

well guys, i think i've scared off the sellers. I'm tired and going to call it night and let the bots play. IRCFrEAK, im pulling the my wall and dumping.... Get ready!
legendary
Activity: 873
Merit: 1000
Pirateat40 was feeling chatty during/after the rally/crash yesterday.

i hope some psychologist is documenting all this and preparing for the post-mortem, it will be a great read.
legendary
Activity: 1458
Merit: 1006
Pirateat40 was feeling chatty during/after the rally/crash yesterday.

I've posted a partial IRC log to: http://pastebin.com/PthgrzDS

The logfile has been edited for brevity. This was done by removing whole lines of text that I felt was irrelevant.
The logfile contains the answers to many questions about yesterday's rally, and raises some new, unsettling questions.

Feel free to discuss and post interesting highlights.



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