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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24495. (Read 26720206 times)

hero member
Activity: 966
Merit: 526
🐺Dogs for President🐺
This is looking bad.. anyone disagree?

<350 Friday?

Strongly disagree.

but lets see
hero member
Activity: 686
Merit: 500
Ultranode

I'll answer your question, but not in that thread.

If When Bitcoin fails, Ripple wins.  Cheesy Cheesy Cheesy
legendary
Activity: 1092
Merit: 1000
So the gov believed the price will tank in June and they were right (Draper got bull trapped), the gov (not DPR) believes again the price will tank, guess what...

Civil servants do not get a cut of the money from the auction; that money goes to the Treasury (or to some general fund for the public good). 


stop trying to fool us! the confiscated drug money is used to buy more batteries for their flash lights.
full member
Activity: 160
Merit: 100
If the price is 1$ but all people use it is a good option for cryptos.
If the price is high and nobody use it... is a bad option for BTC but good for us ($$$)
hero member
Activity: 910
Merit: 1003
So the gov believed the price will tank in June and they were right (Draper got bull trapped), the gov (not DPR) believes again the price will tank, guess what...

I think it is a bit different.  The 30'000 BTC June lot was seized property, and the the government is suposed to auction seized property as soon as possible, irrespective of market conditions.  It took so long only because they had to wait for permission by the court, and "soon" in government means "only a few months". 

This 150'000 lot is still disputed property, and Ross has not been convicted yet, so the government must consider what happens if he is cleared and the bitcoins are determined to be his property (as unlikely as they may think).  In that case, Ross could sue the government for the loss he suffered by not being able to sell them.  That would be bad for the career and prestige of the people responsible.  Thus the agreement.

Auctioning "perishable" goods in these circumstances probably has many precedents.  In any case, after the coins are converted to legal tender, with Ross's agreement, the people responsible cannot be blamed if the price goes up again.  They were as considerate as possible given the circumstances.

Civil servants do not get a cut of the money from the auction; that money goes to the Treasury (or to some general fund for the public good).  They are motivated by gold stars in their resumé, that eventually lead to promotions.  Catching and convicting criminals yields gold stars for all involved.  Carrying out a smooth auction of a weird item, with no complaints of bad press,  also yields gold stars.  They do not care if the auction messes the market or gets a lousy price, but they worry about doing something stupid that could stain their resumés -- such as auctioning a bunch of seized game tickets after the game, or auctioning so much stuff at one time that they cannot get enough bidders for it.
hero member
Activity: 672
Merit: 500
It drives the traders nuts that their coins are worth 375. They will do everything they can to take us back to 330. Then they're happy again. Then they're like thank god my coins are worth less now. I can finally relax.
legendary
Activity: 2170
Merit: 1094
The market is at an inflection point again. For the bullish scenario to stay believable, support at 370$ must hold and then act like a base for a rally.
If not, this could deflate down to about 320$, then raise to about 380$ (bull trap or good sell point), before going down to find THE bottom.

sounds like someone is blindly regurgitating the bitcoin market analysis article released today lol http://www.dailytradingprofits.com/2112/bitcoin-market-report-111914/


No, I only read that after seeing your link. My analysis comes mainly from MACD observation, coupled with EW.
hero member
Activity: 672
Merit: 500
Source?

Oh wait, you just pulled that out of your ass.
Wat? I have no source. But I am sure these murder charges are fake.
Do you believe that? You think he really (tried to) ordered a hitman?

How can you be sure? You don't know this guy. What is this based on?
Weird. Very weird.
sr. member
Activity: 378
Merit: 254
they made up this murder attemps to
a) get him 100% in jail and have him face a long time (if they want)
b) to be able to convict him even if they cant proof SR ownership/drugtrade

In United States, we don't need to make up no stinking charges.  That's not the way we do things Angry





  ~Your Beneficent Reptilian Overlords
full member
Activity: 176
Merit: 100
The market is at an inflection point again. For the bullish scenario to stay believable, support at 370$ must hold and then act like a base for a rally.
If not, this could deflate down to about 320$, then raise to about 380$ (bull trap or good sell point), before going down to find THE bottom.

sounds like someone is blindly regurgitating the bitcoin market analysis article released today lol http://www.dailytradingprofits.com/2112/bitcoin-market-report-111914/
full member
Activity: 176
Merit: 100
Source?

Oh wait, you just pulled that out of your ass.
Wat? I have no source. But I am sure these murder charges are fake.
Do you believe that? You think he really (tried to) ordered a hitman?

Personally yes, i do believe he order the hitmen, his buisness was REALLY profitable and alot of money was on the line, if you read the chat logs between him and the "hitman" yes, i do believe the charges are justified, will they be proven beyond a reasonable doubt i sure hope not  Cool
legendary
Activity: 2170
Merit: 1094
The market is at an inflection point again. For the bullish scenario to stay believable, support at 370$ must hold and then act like a base for a rally.
If not, this could deflate down to about 320$, then raise to about 380$ (bull trap or good sell point), before going down to find THE bottom.
legendary
Activity: 896
Merit: 1000
This is looking bad.. anyone disagree?

<350 Friday?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
Source?

Oh wait, you just pulled that out of your ass.
Wat? I have no source. But I am sure these murder charges are fake.
Do you believe that? You think he really (tried to) ordered a hitman?
hero member
Activity: 672
Merit: 500
they made up this murder attemps to
a) get him 100% in jail and have him face a long time (if they want)
b) to be able to convict him even if they cant proof SR ownership/drugtrade

Source?

Oh wait, you just pulled that out of your ass.
legendary
Activity: 1232
Merit: 1011
Monero Evangelist
they made up this murder attemps to
a) get him 100% in jail and have him face a long time (if they want)
b) to be able to convict him even if they cant proof SR ownership/drugtrade
hero member
Activity: 910
Merit: 1003
In fact, I doubt Ross will do any time. White people with money rarely get convicted after asset forfeiture. That's partly why so many prisons are fill with poor black folks.  Sad

I doubt that he will escape a prison term; after all the publicity, it would send the wrong signal to the drug traffic industry.  Besides he will not have any money if he loses the trial.  And the charges include attempt to hire the murder of one or more people...
legendary
Activity: 2170
Merit: 1094
If the market will recover soon, [ Ross ] will refrain from selling the other 100k, if not... Wink.

I don't think that Ross has any more control on the matter; the agreement, as I understood, covers the whole 140+ kBTC.  The USMS implied that they will auction them all, but they decided to split into three(?) auctions so as not to saturate the market.

Yes, just the gov has control; I had read the document but my brain couldn't register this the first time, it didn't make sense for DPR to give up all control.
Then I realized that he may have been beaten, starved, tortured, threatened, so he'd sign something potentially against his best interests.
The gov could sell the bitcoins close to THE bottom and DPR won't be able to do anything about it; however, it seems the gov sells in a larger
downtrend, close to the top of a rebound (bull trap). The feds might be less dumb than expected.
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