Keep your eyes open for another pirate crash.

Rygon

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Quote from: Killerpotleaf on August 29, 2012, 05:40:46 PM

Quote from: finkleshnorts on August 29, 2012, 03:19:21 PM

Quote from: Killerpotleaf on August 29, 2012, 02:42:47 PM

Quote from: Rygon on August 29, 2012, 02:40:26 PM

Once people realize that the price isn't going to crash because those BS&T coins aren't going to materialize ever, it'll remove the imaginary downward pressure they'll start buying up at a steady pace again. I predict we'll be over $20 by the end of October because of that. Likelihood of a crash from this fiasco is pretty low, imo.

IMO,
with or with out BS&T coins its going down, at this point its only a matter of degree

Why?

because the other 9.5 million coins matter too.

everyone has a price, and they all want their money yesterday.

Perhaps. IMO, the attitude on this forum is still very bullish for folks actually holding coins.The recent run up to $15 was based on speculation, and Pirate precipitated the crash that corrected it. Seems to me that there is pretty solid support around $10 right now. Pirate didn't "break" Bitcoin, so why should there be less confidence now than 6 months ago? I also suspect that upcoming drop to 25 BTC per block isn't properly factored into the market either. But that's just a gut feeling.

calian

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Quote from: Killerpotleaf on August 29, 2012, 02:42:47 PM

Quote from: Rygon on August 29, 2012, 02:40:26 PM

Once people realize that the price isn't going to crash because those BS&T coins aren't going to materialize ever, it'll remove the imaginary downward pressure they'll start buying up at a steady pace again. I predict we'll be over $20 by the end of October because of that. Likelihood of a crash from this fiasco is pretty low, imo.

IMO,
with or with out BS&T coins its going down, at this point its only a matter of degree

You know, I was kind of thinking this too. But since you're saying it, now I'm starting to think the opposite. Undecided

Killerpotleaf

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Quote from: finkleshnorts on August 29, 2012, 03:19:21 PM

Quote from: Killerpotleaf on August 29, 2012, 02:42:47 PM

Quote from: Rygon on August 29, 2012, 02:40:26 PM

Once people realize that the price isn't going to crash because those BS&T coins aren't going to materialize ever, it'll remove the imaginary downward pressure they'll start buying up at a steady pace again. I predict we'll be over $20 by the end of October because of that. Likelihood of a crash from this fiasco is pretty low, imo.

IMO,
with or with out BS&T coins its going down, at this point its only a matter of degree

Why?

because the other 9.5 million coins matter too.

everyone has a price, and they all want their money yesterday.

finkleshnorts

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Activity: 336

Merit: 250

Quote from: Killerpotleaf on August 29, 2012, 02:42:47 PM

Quote from: Rygon on August 29, 2012, 02:40:26 PM

Once people realize that the price isn't going to crash because those BS&T coins aren't going to materialize ever, it'll remove the imaginary downward pressure they'll start buying up at a steady pace again. I predict we'll be over $20 by the end of October because of that. Likelihood of a crash from this fiasco is pretty low, imo.

IMO,
with or with out BS&T coins its going down, at this point its only a matter of degree

Why?

Killerpotleaf

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A Blockchain Mobile Operator With Token Rewards

Quote from: Rygon on August 29, 2012, 02:40:26 PM

Once people realize that the price isn't going to crash because those BS&T coins aren't going to materialize ever, it'll remove the imaginary downward pressure they'll start buying up at a steady pace again. I predict we'll be over $20 by the end of October because of that. Likelihood of a crash from this fiasco is pretty low, imo.

IMO,
with or with out BS&T coins its going down, at this point its only a matter of degree

Rygon

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Activity: 520

Merit: 500

Once people realize that the price isn't going to crash because those BS&T coins aren't going to materialize ever, it'll remove the imaginary downward pressure they'll start buying up at a steady pace again. I predict we'll be over $20 by the end of October because of that. Likelihood of a crash from this fiasco is pretty low, imo.

finkleshnorts

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Quote from: n8rwJeTt8TrrLKPa55eU on August 29, 2012, 12:32:13 PM

Me have USD in exchanges.

Me want buy BTC.

Me want crash to single digits ASAP.

Getting tired of waiting for the mythical crash, if it doesn't happen by Tuesday, I don't think it's ever coming. Gonna put in a market order on Monday night and I think many others will do likewise.

Smart move IMO.

n8rwJeTt8TrrLKPa55eU

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Me have USD in exchanges.

Me want buy BTC.

Me want crash to single digits ASAP.

Getting tired of waiting for the mythical crash, if it doesn't happen by Tuesday, I don't think it's ever coming. Gonna put in a market order on Monday night and I think many others will do likewise.

proudhon

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Quote from: bitcoinBull on August 29, 2012, 09:55:51 AM

Quote from: proudhon on August 29, 2012, 09:17:29 AM

Quote from: paulie_w on August 29, 2012, 09:16:33 AM

if i were him i would hold onto those coins for many years, slowly washing little bits here and there.

If I were him I'd give people their money back.

a) why?

Because it's the right thing to do.

Quote

b) you wouldn't be able to. since the interest was (most likely) imaginary gains, the money he has is less than lenders' principal (totoal principal minus withdrawals).

I understand that the imaginary gains couldn't be paid out, I'm saying the right thing to do is to return what he actually has.

Of course, if I really was him, I wouldn't have done this in the first place.

bitcoinBull

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rippleFanatic

Quote from: proudhon on August 29, 2012, 09:17:29 AM

Quote from: paulie_w on August 29, 2012, 09:16:33 AM

if i were him i would hold onto those coins for many years, slowly washing little bits here and there.

If I were him I'd give people their money back.

a) why?

b) you wouldn't be able to. since the interest was (most likely) imaginary gains, the money he has is less than lenders' principal (totoal principal minus withdrawals).

proudhon

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Quote from: paulie_w on August 29, 2012, 09:16:33 AM

if i were him i would hold onto those coins for many years, slowly washing little bits here and there.

If I were him I'd give people their money back.

paulie_w

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if i were him and i wanted to fuck everyone i would just hold onto those coins for many years, slowly washing little bits here and there.

ElectricMucus

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Quote from: niko on August 29, 2012, 08:22:59 AM

Quote from: ElectricMucus on August 29, 2012, 08:17:34 AM

So now he suddenly is selling continuously? Get your facts straight anti-FUDders! (No he hasn't sold them all either)

Pirate ain't selling he is gonna run away with those coins, that's the only scenario that makes sense. When he needs dollars he gonna order cash on silkroad, it's as simple as that.
Bitcoins and their advatage over USD is far too valuable to pirate not to take advantage of it.

Either way we agree he's not "crashing the market", right? The title of this thread?

Yes of course we agree.

I'm just pointing out that countering irrational arguments with other irrational arguments is stupid. Occams Razor says that pirate if he makes a run for it will have an easier time to hold bitcoins so he will do it. It could be that pirate made some sales to stir up the markets in the past as a means to get attention, but at this point that just doesn't make sense any more.

I even think that the crash from 15 was a pure panic reaction without any pirate involvement.
People are just way too gullible... Undecided

niko

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Quote from: ElectricMucus on August 29, 2012, 08:17:34 AM

So now he suddenly is selling continuously? Get your facts straight anti-FUDders! (No he hasn't sold them all either)

Pirate ain't selling he is gonna run away with those coins, that's the only scenario that makes sense. When he needs dollars he gonna order cash on silkroad, it's as simple as that.
Bitcoins and their advatage over USD is far too valuable to pirate not to take advantage of it.

Either way we agree he's not "crashing the market", right? The title of this thread?

ElectricMucus

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So now he suddenly is selling continuously? Get your facts straight anti-FUDders! (No he hasn't sold them all either)

Pirate ain't selling he is gonna run away with those coins, that's the only scenario that makes sense. When he needs dollars he gonna order cash on silkroad, it's as simple as that.
Bitcoins and their advatage over USD is far too valuable to pirate not to take advantage of it.

Piper67

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Quote from: niko on August 29, 2012, 08:04:02 AM

Quote from: Piper67 on August 29, 2012, 07:58:38 AM

Quote from: bitarrow on August 29, 2012, 07:48:38 AM

Quote from: ElectricMucus on August 29, 2012, 07:46:40 AM

Are we seeing that dump anytime soon? Come on, we want cheap coins!

wonder if he repeats and waits till Friday

Considering how well it worked out for him last weekend, I doubt he'd be so dumb as to try it again... but hey, the internets is full of dumb these days, it seems.

I hope people will finally stop fantasizing about pirate wanting to crash the market. There's a "pirate crash" every few hours, look at the volume data. He's been selling.

Yes, that makes a lot more sense than any attempt at manipulation.

niko

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There is more to Bitcoin than bitcoins.

Quote from: Piper67 on August 29, 2012, 07:58:38 AM

Quote from: bitarrow on August 29, 2012, 07:48:38 AM

Quote from: ElectricMucus on August 29, 2012, 07:46:40 AM

Are we seeing that dump anytime soon? Come on, we want cheap coins!

wonder if he repeats and waits till Friday

Considering how well it worked out for him last weekend, I doubt he'd be so dumb as to try it again... but hey, the internets is full of dumb these days, it seems.

I hope people will finally stop fantasizing about pirate wanting to crash the market. There's a "pirate crash" every few hours, look at the volume data. He's been selling.

Piper67

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Quote from: bitarrow on August 29, 2012, 07:48:38 AM

Quote from: ElectricMucus on August 29, 2012, 07:46:40 AM

Are we seeing that dump anytime soon? Come on, we want cheap coins!

wonder if he repeats and waits till Friday

Considering how well it worked out for him last weekend, I doubt he'd be so dumb as to try it again... but hey, the internets is full of dumb these days, it seems.

bitarrow

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Quote from: ElectricMucus on August 29, 2012, 07:46:40 AM

Are we seeing that dump anytime soon? Come on, we want cheap coins!

wonder if he repeats and waits till Friday

ElectricMucus

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Are we seeing that dump anytime soon? Come on, we want cheap coins!

Topic: Keep your eyes open for another pirate crash. (Read 4901 times)