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Topic: Glad thats over - page 2. (Read 2946 times)

newbie
Activity: 16
Merit: 0
August 21, 2012, 03:24:06 PM
#10
But it isn't done yet. Pirate hasn't paid everyone back yet. If he does, it will most likely result in a flooding of the market which will drop the price. If he runs off, the market will rally as everyone who invested with him tries to get back into the game.
That seems like a fairly baseless assumption to me.

How so? If people get their coins back, do you not think that many of them will sell to try and get out?

But it isn't done yet. Pirate hasn't paid everyone back yet. If he does, it will most likely result in a flooding of the market which will drop the price. If he runs off, the market will rally as everyone who invested with him tries to get back into the game.

Meh, price will go down either way.


Why do you think it will go down if he runs off?
hero member
Activity: 840
Merit: 1000
August 21, 2012, 03:19:41 PM
#9
But it isn't done yet. Pirate hasn't paid everyone back yet. If he does, it will most likely result in a flooding of the market which will drop the price. If he runs off, the market will rally as everyone who invested with him tries to get back into the game.

Meh, price will go down either way.
donator
Activity: 980
Merit: 1000
August 21, 2012, 03:18:20 PM
#8
But it isn't done yet. Pirate hasn't paid everyone back yet. If he does, it will most likely result in a flooding of the market which will drop the price. If he runs off, the market will rally as everyone who invested with him tries to get back into the game.

By everyone I think you mean anyone. 0 people reported paid back so far.

Load up your accounts at the exchanges, we may reap some nice single digit coins.
legendary
Activity: 2114
Merit: 1015
August 21, 2012, 03:16:30 PM
#7
I was so close to selling everything on Monday morning Cheesy but luckily I was too lazy.

I've been scammed 10 years ago by Fast Market and Solid Investment Tongue, total ponzies. They paid 4% a week and were scams. 7 is just hilarious. This is why I believe pirate won't pay.
hero member
Activity: 868
Merit: 1002
August 21, 2012, 03:15:39 PM
#6
But it isn't done yet. Pirate hasn't paid everyone back yet. If he does, it will most likely result in a flooding of the market which will drop the price. If he runs off, the market will rally as everyone who invested with him tries to get back into the game.
That seems like a fairly baseless assumption to me.
hero member
Activity: 1778
Merit: 504
WorkAsPro
August 21, 2012, 03:15:04 PM
#5
People seem to trust him greatly on the IRC channels.

Does it follow that when people get there BTC back there will be a lot of selling and the price will decrease?
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
August 21, 2012, 03:11:07 PM
#4
But it isn't done yet. Pirate hasn't paid everyone back yet. If he does, it will most likely result in a flooding of the market which will drop the price. If he runs off, the market will rally as everyone who invested with him tries to get back into the game.

+1 this is what I think will happen as well.

If we find he sold the majority of the coins already...price will skyrocket...
hero member
Activity: 1778
Merit: 504
WorkAsPro
August 21, 2012, 03:09:57 PM
#3
Thanks for the info elosk.
newbie
Activity: 16
Merit: 0
August 21, 2012, 03:07:55 PM
#2
But it isn't done yet. Pirate hasn't paid everyone back yet. If he does, it will most likely result in a flooding of the market which will drop the price. If he runs off, the market will rally as everyone who invested with him tries to get back into the game.
hero member
Activity: 1778
Merit: 504
WorkAsPro
August 21, 2012, 02:53:53 PM
#1
http://bitcoincharts.com/charts/mtgoxUSD#rg30zig2-hourzczsg2012-07-10zeg2012-08-22ztgMzm1g10zm2g25
phew, back to normal.

We can point to the spec of volitity on the right of the graph in a few months and tell people who missed it about how people were saying it would be the end of bitcoin.
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