see waveaddict's take on Apple & the broader picture
https://bitcointalksearch.org/topic/m.804970
Topic: Could I drive up the Bitcoin price with a clearing purchase? (Read 5031 times)
While reading the WSJ yesterday, my jaw nearly dropped at the sight of Apple stock prices...
I may be young, but I remember when their stock was valued at ~$50. I also keenly remember wanting to invest in them, and also remember being halted because I was some odd 12 years of age or so.
If only I was a spoiled rich kid...
I may be young, but I remember when their stock was valued at ~$50. I also keenly remember wanting to invest in them, and also remember being halted because I was some odd 12 years of age or so.
If only I was a spoiled rich kid...
I would short AAPL now only if I could sustain it going to $700. Not saying it will necessarily get there, but it is quite possible. Sold mine at a little below 600, as I think it costs too much now. Not shorting, though. Too much fanboys 
Glad i havent liquidated yet. AAPL is up to $590.00.
http://www.google.co.uk/finance?client=ob&q=NASDAQ:AAPL
http://www.google.co.uk/finance?client=ob&q=NASDAQ:AAPL
this will definitely be interesting. nice intraday reversal on high volume.
You sure its not profit taking after 5 up days and a new all time 600 high?
all parabolas end badly.
Glad i havent liquidated yet. AAPL is up to $590.00.
http://www.google.co.uk/finance?client=ob&q=NASDAQ:AAPL
http://www.google.co.uk/finance?client=ob&q=NASDAQ:AAPL
this will definitely be interesting. nice intraday reversal on high volume.
You sure its not profit taking after 5 up days and a new all time 600 high?
all parabolas end badly. for heavens sake, Apple is almost larger than the entire retail sector now. i think they are also 25% of the Nasdaq or something like that? larger than most countries GDP.
thats inflations for you.
Glad i havent liquidated yet. AAPL is up to $590.00.
http://www.google.co.uk/finance?client=ob&q=NASDAQ:AAPL
http://www.google.co.uk/finance?client=ob&q=NASDAQ:AAPL
this will definitely be interesting. nice intraday reversal on high volume.
You sure its not profit taking after 5 up days and a new all time 600 high?
Glad i havent liquidated yet. AAPL is up to $590.00.
http://www.google.co.uk/finance?client=ob&q=NASDAQ:AAPL
http://www.google.co.uk/finance?client=ob&q=NASDAQ:AAPL
this will definitely be interesting. nice intraday reversal on high volume.
Glad i havent liquidated yet. AAPL is up to $590.00.
http://www.google.co.uk/finance?client=ob&q=NASDAQ:AAPL
http://www.google.co.uk/finance?client=ob&q=NASDAQ:AAPL
in the same time frame bitcoins are up more % wise & if you'd have taken my timing/strategy advise (as it looks like someone else did), then we'd be over $6 now np, next time maybe
live 'n learn 
Would you be interested in selling some of your Apple stock for BTC?
Glad i havent liquidated yet. AAPL is up to $590.00.
http://www.google.co.uk/finance?client=ob&q=NASDAQ:AAPL
http://www.google.co.uk/finance?client=ob&q=NASDAQ:AAPL
https://bitcointalksearch.org/topic/m.667447
its all about timing. personally, i think $4 is the new $2.
Maybe I've not been around long enough... what does that mean?
$2 is where we bottomed for over a month end of last year. turns out that was the floor.
i think $4 is a new floor beneath which we won't visit again. ever.
https://bitcointalksearch.org/topic/m.667447
its all about timing. personally, i think $4 is the new $2.
Maybe I've not been around long enough... what does that mean?
Guys thanks for all of the sweet replies. The IQ on this board is some of the highest I've seen on a forum.
True story. It also leads to some interesting (and sometimes obnoxious) intellectual arguments between all the members who know everything.
Double Ramp.
So did you do it?
marked
marked
Guys thanks for all of the sweet replies. The IQ on this board is some of the highest I've seen on a forum.
I had a substantial amount of AAPL, bought between 90 and 220. I have sold 1/2 of it so far (above $500) but I am not thinking short is a good idea. AAPL is still a money making machine.
The problem is that a lot was under Steve Jobs' very high profile and very hands-on approach in attention to detail. That could easily be compromised with another "Pepsi-guy", though I don't think that is currently the case.
marked
btw, i put on a short of AAPL this past week. its at the end of a parabola and now with Jobs gone i can't see a path anywhere but down for the stock.
You had better tell the large middle class in China not to buy any more Apple stuff. Because they love it. With gross margins north of 50% Apple has a lot more cash to make around the world.
Also with the high resale value of Apple stuff, owners of Apple products tend to go right out and purchase the latest model and sell their old one EVEN THOUGH THE OLD ONE IS PERFECTLY USABLE AND DID NOT NEED TO BE REPLACED. These leads to huge new sales on items like the iPad 3 and the iPhone 4s. The used sales seem to, instead of cannibalizing new sales, encourage new entrants into the world of Apple. These users end up getting hooked and become potential new product buyers as well.
I had a substantial amount of AAPL, bought between 90 and 220. I have sold 1/2 of it so far (above $500) but I am not thinking short is a good idea. AAPL is still a money making machine.
Hi guys,
I currently am sitting on 175 shares of AAPL stock. For those of you who are aware, Apple shares are trading at rough $550,00 USD. I am planning to liquidate my holding and am thinking of reinvesting in Bitcoin.
Would a purchase of $85,000 of BTC drive up the price significantly?
This is not a troll post, I am genuinely interested.
Thanks for your time,
Omni
I currently am sitting on 175 shares of AAPL stock. For those of you who are aware, Apple shares are trading at rough $550,00 USD. I am planning to liquidate my holding and am thinking of reinvesting in Bitcoin.
Would a purchase of $85,000 of BTC drive up the price significantly?
This is not a troll post, I am genuinely interested.
Thanks for your time,
Omni
the thing is you DONT want to drive up the price....
look at http://mtgoxlive.com/orders, the blue line is people trying to sell bitcoins
if you hover your mouse on this blue line and go up you will see how much USD you will need to buy it up
right now your buy would bring us to about 5$
but truth is you dont want to do this...
what you want to do is wait for a nice ask wall to appear near the current price, that way you can get most of your coins cheep!
you wont drive up the price very much with this order. but once the market realizes it has 18,000 less coins to work with .... price will rise naturally
if i was you, i would first buy 500$ worth, to get use to all the different tools bitcoin market has to offer & and learn more about bitcoin.
yeah, i think Armory will be the definitive offline solution. let him clean the bugs up a bit before using though.
I wonder too if he could build a time lock in to it, that'd be cool & an all in one solution, may have a big demand for many purposes - could be one of Bitcoin's undiscovered super uses & appeal to HNW individuals, say like rock starts or sport's ones or celebs that are cashing it in atm but it all may end fast & they also have youthful costly bad habits that they wish to hedge against for their old age, 30s - 40s or more, something that was tinker proof because it had an auto destruct built in for if you tried to
edit: or for crims when they know that they're going down for a long stretch or needed plausible deny-ability to pass a lie detector test that they no longer retained any control of those funds, peeps wishing to set up bigger charitable foundations than they can afford as yet, lock it in for a couple of centuries & voila your BitNobel prizes are good to go, or for when you're about to tie the knot with that half your age stripper in Las Vegas/Patayar & if it lasts more than 5 years your stashed wealth reappears - this should probably be done at the first stage of falling in love/lust with her/him (Hi Brucey) in any case
edit 2: or when you've just bought $83,000 worth of coins @ $4.80 to $5.00 & you don't want to risk being manipulated into selling or shorting with them for n days/w/m or years or better yet the armory would lock them down until they had reached a certain price, or with staggered release at set levels - both with if/or/& preferences, ie release 1,000 if/when the price gets to twice what you'd paid, say $9.65 - release 1,000 on 2015 01 01 - release 1,000 after the 2014 01 01 only if the price is over $8.50 - release some/all if the price falls/rises by x% - release some (or random amount) at random (settable random difficulty) for the lulz etc...
I don't think this is really possible in software, especially open source, since anyone could easily modify the code to bypass the time delays. The only way to do it would be to require CPU time like mining. In hardware its a good bit easier. I could burn a private key into a microcontroller and enable code protect so it can't be read out with a programmer/debugger. The code on the micro won't output the key until a certain number of timer interrupts have passed. The only disadvantage would be that you'd have to keep it powered 24/7 for years, but its not that big of a deal if you don't, it just adds that much more time before you can get the key. They only use a few mA, and the low power ones a few uA. A battery would last around a year.
Is there no software that you could program to wipe all data if either re-opened or tampered with in any way before the due release date for the data on it or does it have to be some physical? I like your micro-controller with burnt in private key & timer though, you should patent it & what's the min power requirement, could it be set up for solar, I have a compass that's light has being going for years with some safe (hopefully) radioactive element to it, but also might be an addvantage for it to need power as if you choose to extend the release date then you just unpower it for however long you wish to have extra added on as you say, but no way to speed it up - I'd go for one of those np
edit: sry - don't know how I missed that when you gave all the power needed detail, a battery per year seems fine or wire it into a plug for another item or something that runs from the mains but with battery back up, like the alarm system inside your safe
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