^By that rationale,wouldn't that mean that the surge in bitcoin is not over in the short term considering he wasn't successful in the aim of gaining profit.
I am basing this on that last push that I shown on bitcoincharts above - it spiked to nearly 14 - so I think he must have aimed to 16 or something, but maybe not maybe he cashed out. It is also possible that now all his funds are tied - because his walls were sold to - so I would not count no him pushing more. 
Topic: Didn't we do this already? (Read 1138 times)
^By that rationale,wouldn't that mean that the surge in bitcoin is not over in the short term considering he wasn't successful in the aim of gaining profit.
everyone knows this is purely speculative/silk road driven
I can't even tell you how wrong that statement is...
Don't you think it was a single-player pump-n-dump operation? Slow, persistent buying over two months to build up confidence, then a massive dump.
A dump quickly countered so that the trend lines hold, that was not rational assumming accumulation goal. There were others - but this is perhaps the most obvious. But I think that he did not actually profit from this - he did not predict that the reaction will be so strong. I hoped he'd dump this dump as well.
everyone knows this is purely speculative/silk road driven
I can't even tell you how wrong that statement is...
Don't you think it was a single-player pump-n-dump operation? Slow, persistent buying over two months to build up confidence, then a massive dump.
no.
ya no.
everyone knows this is purely speculative/silk road driven
I can't even tell you how wrong that statement is...
Don't you think it was a single-player pump-n-dump operation? Slow, persistent buying over two months to build up confidence, then a massive dump.
no.
everyone knows this is purely speculative/silk road driven
I can't even tell you how wrong that statement is...
Don't you think it was a single-player pump-n-dump operation? Slow, persistent buying over two months to build up confidence, then a massive dump.
everyone knows this is purely speculative/silk road driven
I can't even tell you how wrong that statement is...
block is gonna halve soon, everyone knows this is purely speculative/silk road driven, no reason to think it won't go ridiculously high even if it makes no sense, can be used on a small scale between people in far off places, love the idea, won't ever get past the underground designation, doesn't mean you can't profit huge off of it, I did last year.
I seem to remember that price fluctuations like the ones we had today were fairly normal a year ago. So... does that mean things are back to normal in bitcoinworld, and we shouldn't worry? 
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