GOX was under 350€.
My orders are filled.
Still have 70% fiat.
Best thing is to turn bear when all are shouting to the moon. Didn't sell all, but more then 85% above 800€.
Buying back all the way down with bigger junks @ keypoints.
Hope to see sub 100€. Eat all the 1000$ panicbull coins.
Topic: Poppppp!!! I'm calling it See you at 300 (Read 3151 times)
I don't mind all the panic selling. More cheap coins for me 
and for me !
For all of us!
Heh, today's cheap coin can be tomorrow's expensive coin.
shit.
i feared 300.
i hope i need not to hope for 300.
i feared 300.
i hope i need not to hope for 300.
Shit is going to get real, CNY is $ 435, guess we have not stabilized yet...more crash
I don't mind all the panic selling. More cheap coins for me
and for me !
For all of us!
I don't mind all the panic selling. More cheap coins for me
and for me !
this is pretty important stuff though, if all these accounts are truly dead, then the threat of a complete bitcoin wipeout (down to $10 or less) is far less than I initially calculated, as these coins can't come back into the market as sell orders en masse.
The dead wallets contains near 2,5M of bitcoins (actually we can estimate a 22% of all the bitcoins with the great majority are from addresses with 25-50BTC) : there is a post on the italian section of the forum in which all the movements of all the wallets since 2009, we have considered that the wallets with no input or out for more than 2 years are to be considered dead https://bitcointalk.org/index.php?topic=353156.120The dead wallet are too often underestimated. I also have an old dead wallet. There was a time 10000 BTC could only afford a pizza, why would you care about few thousand BTC ?
I don't mind all the panic selling. More cheap coins for me
the wallets with no input or out for more than 2 years are to be considered dead
but this is wrong on many levels, I have some wallets like that, they are not dead.
Yes, actually I've 4 too that are more than 2 year that are stuck (but alive
). But the only way to estimate if a wallet is alive or not is to check is movements. I can imagine that at least 10% of the dead wallets are only sleeping, but I feel that are not much more than that. Anyway if you've an idea on how try to determine if a wallet is dead or not you're welcome.The number is much more usefull read on the other side: for sure 78% of bitcoins are alive.
the wallets with no input or out for more than 2 years are to be considered dead
but this is wrong on many levels, I have some wallets like that, they are not dead.
this is pretty important stuff though, if all these accounts are truly dead, then the threat of a complete bitcoin wipeout (down to $10 or less) is far less than I initially calculated, as these coins can't come back into the market as sell orders en masse.
The dead wallets contains near 2,5M of bitcoins (actually we can estimate a 22% of all the bitcoins with the great majority are from addresses with 25-50BTC) : there is a post on the italian section of the forum in which all the movements of all the wallets since 2009, we have considered that the wallets with no input or out for more than 2 years are to be considered dead https://bitcointalk.org/index.php?topic=353156.120
wow we're dropping fast!!
shit.
i feared 300.
i hope i need not to hope for 300.
i feared 300.
i hope i need not to hope for 300.
Remember - all that matters in Bitcoin pricing is the going rate for only the coins on the exchanges. The only impact one of those big cold wallets can have on price is downward if it is liquidated. Those wallets not being touched is already priced into the exchange rate.
well said
no, alot of these wallets understand where BTC will end up in several years, so these minor dips or runups in price don't interest them.
+1
It is sufficient if bitcoin goes up, say 25% a year.
yeah, well it still makes zero sense unless these people are all wealthy before bitcoins.
How can someone possibly have millions of dollars in bitcoin, and not sell one single coin - not even one. Something is not right, I am trying to work it out.
If these people believe that much in bitcoin, all of them, to the point that of their 10 000 or more bitcoins, they cannot even part with one, then they cannot be mentally sound - or they are so rich that they do not care.
OR
as previous poster stated, perhaps almost all of these are dead wallets. That would make sense to me at least.
I would believe they're dead wallets. Why would you care about something that was worth nothing at the time. Who would've known? 10,000BTC for a pizza looks insane at todays prices, but was it really?
this is pretty important stuff though, if all these accounts are truly dead, then the threat of a complete bitcoin wipeout (down to $10 or less) is far less than I initially calculated, as these coins can't come back into the market as sell orders en masse.
Remember - all that matters in Bitcoin pricing is the going rate for only the coins on the exchanges. The only impact one of those big cold wallets can have on price is downward if it is liquidated. Those wallets not being touched is already priced into the exchange rate.
no, alot of these wallets understand where BTC will end up in several years, so these minor dips or runups in price don't interest them.
+1
It is sufficient if bitcoin goes up, say 25% a year.
yeah, well it still makes zero sense unless these people are all wealthy before bitcoins.
How can someone possibly have millions of dollars in bitcoin, and not sell one single coin - not even one. Something is not right, I am trying to work it out.
If these people believe that much in bitcoin, all of them, to the point that of their 10 000 or more bitcoins, they cannot even part with one, then they cannot be mentally sound - or they are so rich that they do not care.
OR
as previous poster stated, perhaps almost all of these are dead wallets. That would make sense to me at least.
1. they might have large cold storage and smaller wallet for spending; most do
2. they might have enough cash on hand to not care about selling undervalued asset
3. cold wallets are just that - cold, being on paper somewhere in a deposit box to make selling on emotions hard
The next few days will be exciting. We're down over 50% of ATH
Now the true valuation of BTC is going on
Now the true valuation of BTC is going on
no, alot of these wallets understand where BTC will end up in several years, so these minor dips or runups in price don't interest them.
+1
It is sufficient if bitcoin goes up, say 25% a year.
yeah, well it still makes zero sense unless these people are all wealthy before bitcoins.
How can someone possibly have millions of dollars in bitcoin, and not sell one single coin - not even one. Something is not right, I am trying to work it out.
If these people believe that much in bitcoin, all of them, to the point that of their 10 000 or more bitcoins, they cannot even part with one, then they cannot be mentally sound - or they are so rich that they do not care.
OR
as previous poster stated, perhaps almost all of these are dead wallets. That would make sense to me at least.
I would believe they're dead wallets. Why would you care about something that was worth nothing at the time. Who would've known? 10,000BTC for a pizza looks insane at todays prices, but was it really?
this is pretty important stuff though, if all these accounts are truly dead, then the threat of a complete bitcoin wipeout (down to $10 or less) is far less than I initially calculated, as these coins can't come back into the market as sell orders en masse.
no, alot of these wallets understand where BTC will end up in several years, so these minor dips or runups in price don't interest them.
+1
It is sufficient if bitcoin goes up, say 25% a year.
yeah, well it still makes zero sense unless these people are all wealthy before bitcoins.
How can someone possibly have millions of dollars in bitcoin, and not sell one single coin - not even one. Something is not right, I am trying to work it out.
If these people believe that much in bitcoin, all of them, to the point that of their 10 000 or more bitcoins, they cannot even part with one, then they cannot be mentally sound - or they are so rich that they do not care.
OR
as previous poster stated, perhaps almost all of these are dead wallets. That would make sense to me at least.
I would believe they're dead wallets. Why would you care about something that was worth nothing at the time. Who would've known? 10,000BTC for a pizza looks insane at todays prices, but was it really?
no, alot of these wallets understand where BTC will end up in several years, so these minor dips or runups in price don't interest them.
+1
It is sufficient if bitcoin goes up, say 25% a year.
yeah, well it still makes zero sense unless these people are all wealthy before bitcoins.
How can someone possibly have millions of dollars in bitcoin, and not sell one single coin - not even one. Something is not right, I am trying to work it out.
If these people believe that much in bitcoin, all of them, to the point that of their 10 000 or more bitcoins, they cannot even part with one, then they cannot be mentally sound - or they are so rich that they do not care.
OR
as previous poster stated, perhaps almost all of these are dead wallets. That would make sense to me at least.
oh man... How low could this go?
Think about all the money that was pumped in early on... There's a huge amount of coins now that people will be looking to pull out at any price.
Think about all the money that was pumped in early on... There's a huge amount of coins now that people will be looking to pull out at any price.
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