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Topic: Increasing number of early adopters cashing out. - page 2. (Read 2903 times)

newbie
Activity: 1
Merit: 0
All of you that have been paying attention to recent block chain movements and sales have probably seen the ever increasing cash outs by early adopters.
What do you think the reason for this is?

Any proof of the recent block chain movements and cash outs?

Even Earliest adapter saw the end incoming & Dumping ponzi-coins from 2009
Coins from February 2009 have moved few days ago...

https://www.blocktrail.com/BTC/tx/10db077d1b183e25a720417faff8bf17e1b093c87c4c5045eda7354e3578a5e7

http://btc.blockr.io/tx/info/10db077d1b183e25a720417faff8bf17e1b093c87c4c5045eda7354e3578a5e7

http://chainflyer.bitflyer.jp/Transaction/10db077d1b183e25a720417faff8bf17e1b093c87c4c5045eda7354e3578a5e7

address: 1HUidFPHZ7cJ6WYmR8nMPQCmmE3mbVKYjM
message: It was me 20/9/2015
sinature: IC8oSnQ+CNMhqDYu7hTQXb+kvrbu/r3EXjiLjLvFIsQuDlxUSqXWZj7TRiLcLnmT+ErjgjOr7dVRC/GB47IKYk0=

address: 1JmRFyEQyVrDWojgxvCyeJ4M8X9ozjga22
message: Just re-organising
sinature: ICpIXtEm8Pjg6DUo0lMScOloo/GF1Uj1Z2frbFShlVNRzUJdKhfqWBaPsueEvDCVIsH+HjLqqFWiPMg/kJyZk94=

https://www.reddit.com/r/Bitcoin/comments/3ln3sp/it_was_me/

Of course, it's Satoshi. He just pretends to be a random dude to sell most of his 1.5M BTC before people start panicking.

Back to 02/2009 there were only Satoshi and finney mining bitcoin. All bitcoins mined by Satoshi can be identified by https://bitslog.wordpress.com/2013/04/17/the-well-deserved-fortune-of-satoshi-nakamoto/

Sorry, bitcoin ponzi is over.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
Many early adopters were wiped out because they buy high and sell low  Grin
legendary
Activity: 1442
Merit: 1016
All of you that have been paying attention to recent block chain movements and sales have probably seen the ever increasing cash outs by early adopters.
What do you think the reason for this is?

Any proof of the recent block chain movements and cash outs?

Of course he has not. Like always he tries to create panic and chaos.He is a pure FUDster!A Troll. Just ignore him.That's the best you can do.Believe me. Wink
MR1
legendary
Activity: 927
Merit: 1000
All of you that have been paying attention to recent block chain movements and sales have probably seen the ever increasing cash outs by early adopters.
What do you think the reason for this is?
Seems they switch to LTC because they know Core has no chance from the CIA+Google boys!

Google boys? Who are they?
MR1
legendary
Activity: 927
Merit: 1000
All of you that have been paying attention to recent block chain movements and sales have probably seen the ever increasing cash outs by early adopters.
What do you think the reason for this is?

Any proof of the recent block chain movements and cash outs?
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
What would you define as an early adopter? Pre-2013 trading volumes were not as significant as those of today in terms of USD value. Some people were to acquire respectful quantities of BTC at prices that would make their purchase profitable even with today's price. I'm not surprised those people have cashed out. They're probably the kind of people that got in for the profit and still won big.
hero member
Activity: 714
Merit: 500
All of you that have been paying attention to recent block chain movements and sales have probably seen the ever increasing cash outs by early adopters.
What do you think the reason for this is?
I think the early adopters are cashing out to re-enter at some later point at lower prices.Same time who will enter now in bitcoin will do same when price will be more higher.As everyone is expecting price to drop lower may be this can be one of the reason too.
sr. member
Activity: 432
Merit: 250
not sure if this is really happening. but if it is, then i'm happy to hear this. the less coins these early adopters have, the better it is for the long term price. at this point early birds have too much power with their huge stash of coins.

If it is happening, they either aren't cashing out much or there is a hell of a lot of buying going on, otherwise the price would be tanking.
legendary
Activity: 2730
Merit: 1288
All of you that have been paying attention to recent block chain movements and sales have probably seen the ever increasing cash outs by early adopters.
What do you think the reason for this is?

Maybe they see an opportunity to invest ins some crypto business.  If price of Bitcoin will go up, worth of their business will also go up. If price of Bitcoin will stay where it is now, their crypto investment will bring them profit.
legendary
Activity: 1498
Merit: 1000
Bitcoin days destroyed seems pretty low, where's this tidal wave of early adopter selling..?
Saint Gavin will not let them to! Blitzkrieg
legendary
Activity: 889
Merit: 1013
Bitcoin days destroyed seems pretty low, where's this tidal wave of early adopter selling..?
legendary
Activity: 1498
Merit: 1000
That's what I am saying, IF there is no bull run and we fall back to single digits because Bitcoin XT has won, the bagholders will start jumping from windows....

The early adopters (like the one who cashed in 250 BTC to pay off his mortgage) didn't pay single digits for their BTC. I got in late (9 months after the 250 BTC guy), and my first 50 BTC cost me 4 days in CPU time. The 250 BTC guy got out before GPU mining started (he mentioned he didn't want to get involved in the mining "arms race"). Even if an early adopter purchased their BTC, they'd still be looking at well under $1/BTC - that didn't happen until early 2011.
In case of XT win they will be bagholders, period.

Despite not loosing money and making good profit at even 1$.

It is mostly psychological.

I think that Gavin & Mike will drive Chinese mining obsolete. US wants to be the only guy in town IMO.

Well, OK then, I'm a bagholder and they're bagholders. I can't see anyone from that period "jumping from windows" if the price went all the way to zero. We didn't spend significant sums of money on BTC back then, and in my case (and, I imagine, in many other cases) we've long since made more money that we had any right to expect in the early days. If BTC hits zero I'll be sorry that an experiement failed, but I won't be suicidal!

No not for them for sure - but it would be fun to watch them panic selling!
Don't get me wrong, I am here since 2011, bought most of my coins at 5$.

But I don't like Bitcoin's fundamentals since Apr 2013 when after the crash I wondered what was wrong and started to realise many things (like anonymity etc).

Still I don't mind at all to see it rallying at 100K usd because I will ride the train!
hero member
Activity: 644
Merit: 503
That's what I am saying, IF there is no bull run and we fall back to single digits because Bitcoin XT has won, the bagholders will start jumping from windows....

The early adopters (like the one who cashed in 250 BTC to pay off his mortgage) didn't pay single digits for their BTC. I got in late (9 months after the 250 BTC guy), and my first 50 BTC cost me 4 days in CPU time. The 250 BTC guy got out before GPU mining started (he mentioned he didn't want to get involved in the mining "arms race"). Even if an early adopter purchased their BTC, they'd still be looking at well under $1/BTC - that didn't happen until early 2011.
In case of XT win they will be bagholders, period.

Despite not loosing money and making good profit at even 1$.

It is mostly psychological.

I think that Gavin & Mike will drive Chinese mining obsolete. US wants to be the only guy in town IMO.

Well, OK then, I'm a bagholder and they're bagholders. I can't see anyone from that period "jumping from windows" if the price went all the way to zero. We didn't spend significant sums of money on BTC back then, and in my case (and, I imagine, in many other cases) we've long since made more money that we had any right to expect in the early days. If BTC hits zero I'll be sorry that an experiement failed, but I won't be suicidal!
legendary
Activity: 1498
Merit: 1000
China is pumping desperately Bitcor(e)n to keep their farms alive lol
legendary
Activity: 1498
Merit: 1000
It's a bad time to cash out though. They should hold till the next bull wave.
That's what I am saying, IF there is no bull run and we fall back to single digits because Bitcoin XT has won, the bagholders will start jumping from windows....

The early adopters (like the one who cashed in 250 BTC to pay off his mortgage) didn't pay single digits for their BTC. I got in late (9 months after the 250 BTC guy), and my first 50 BTC cost me 4 days in CPU time. The 250 BTC guy got out before GPU mining started (he mentioned he didn't want to get involved in the mining "arms race"). Even if an early adopter purchased their BTC, they'd still be looking at well under $1/BTC - that didn't happen until early 2011.
In case of XT win they will be bagholders, period.

Despite not loosing money and making good profit at even 1$.

It is mostly psychological.

I think that Gavin & Mike will drive Chinese mining obsolete. US wants to be the only guy in town IMO.
hero member
Activity: 644
Merit: 503
It's a bad time to cash out though. They should hold till the next bull wave.
That's what I am saying, IF there is no bull run and we fall back to single digits because Bitcoin XT has won, the bagholders will start jumping from windows....

The early adopters (like the one who cashed in 250 BTC to pay off his mortgage) didn't pay single digits for their BTC. I got in late (9 months after the 250 BTC guy), and my first 50 BTC cost me 4 days in CPU time. The 250 BTC guy got out before GPU mining started (he mentioned he didn't want to get involved in the mining "arms race"). Even if an early adopter purchased their BTC, they'd still be looking at well under $1/BTC - that didn't happen until early 2011.
legendary
Activity: 854
Merit: 1000
All of you that have been paying attention to recent block chain movements and sales have probably seen the ever increasing cash outs by early adopters.
What do you think the reason for this is?
I think they are afraid that prices can go further down or may be they got bored of holding them Cheesy
legendary
Activity: 1498
Merit: 1000
not sure if this is really happening. but if it is, then i'm happy to hear this. the less coins these early adopters have, the better it is for the long term price. at this point early birds have too much power with their huge stash of coins.
I wanna see Loaded, Goat, Risto et al holding the bag and having to be wage slaves again  Cheesy

As far as they diversified into block chain tech in general, this might not gonna happen. Anyways - I am more tempted to see Mircea Popescu holding the bag.
Lol
8up
hero member
Activity: 618
Merit: 500
not sure if this is really happening. but if it is, then i'm happy to hear this. the less coins these early adopters have, the better it is for the long term price. at this point early birds have too much power with their huge stash of coins.
I wanna see Loaded, Goat, Risto et al holding the bag and having to be wage slaves again  Cheesy

As far as they diversified into block chain tech in general, this might not gonna happen. Anyways - I am more tempted to see Mircea Popescu holding the bag.
legendary
Activity: 1498
Merit: 1000
It's a bad time to cash out though. They should hold till the next bull wave.
That's what I am saying, IF there is no bull run and we fall back to single digits because Bitcoin XT has won, the bagholders will start jumping from windows....
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