ah the illusion of duality ! our judgements of others reflect on oneself.
I think you're a really cool guy.
EDIT: These rally threads are boring in the middle of the day! Where is all the hype?
Topic: Rally!!!!! - page 3. (Read 81262 times)
I think you're a really cool guy.
EDIT: These rally threads are boring in the middle of the day! Where is all the hype?
not sure who was impressed... and guru status... you are going over board there, I hope.
Nope, just an indication of how low opinion I have about his flock, really.
not sure who was impressed... and guru status... you are going over board there, I hope.
Nope, just an indication of how low opinion I have about his flock, really.
not sure who was impressed... and guru status... you are going over board there, I hope.
The money for the bid wall could have come from the previous ask wall, but still it seems the last move for the night was a big dump and now we are back where we started pretty much implying a loss in BTC terms. But only time will tell for sure.
The money for the bid wall could have come from the previous ask wall, but still it seems the last move for the night was a big dump and now we are back where we started pretty much implying a loss in BTC terms. But only time will tell for sure.
Of course, some people just saw a demonstration of what exactly their coins are being used for i.e. for selling them on mtgox. Not withdrawing it from pirate (if anything is there) would be at least unwise given the circumstances.
So you think pirate is already trapped in his own short squeeze and will thus be bankupt soon?Yes, I find that scenario quite plausible. I think it is a ponzi and he was steadily selling some part of "invested" BTC for long time now. This time was just a little show added to impress his flock and generate some "guru" status a-la "currin trading lottery". Selling into the bid to drive price down 2$ from current price certainly did not look like a mythical infallible "1-2% a day daytrader". Cannot know for certain, of course, but time will tell.
Also consider claimed quarter to half million USD worth of fake bid walls, one needs money in gox to build those. Where that money came from? Yep, it is likely, from earlier sales of BTC. If those BTC were sold at 5-6$ mark, and there are plans (which is doubtful) to pay it back one needs to actually convert that into BTC. Now how one does that and even pays 3000% annual dividend on top of 50% trading losses.
And BTW, pirate, did you know, if you lost 10%, you need to earn 11.11% to get back to where you have started. If you lost 50% you need to double your money to get back to the starting point.
Of course, some people just saw a demonstration of what exactly their coins are being used for i.e. for selling them on mtgox. Not withdrawing it from pirate (if anything is there) would be at least unwise given the circumstances.
So you think pirate is already trapped in his own short squeeze and will thus be bankupt soon? Pirate was stating that selling 10s of thousands of coins would not be possible without his lenders. Maybe some got scared to actually loose their coins if pirate just sells them all?
Of course, some people just saw a demonstration of what exactly their coins are being used for i.e. for selling them on mtgox. Not withdrawing it from pirate (if anything is there) would be at least unwise given the circumstances.
Nobody wants to sell.
the unprecedented number of withdrawal requests i got last night says different.
it can't just be a coincidence that they're all withdrawing after the price goes up.
i'm sure it's taken a lot of people by surprise; people that are still in the process of getting their coins into gox.
Nobody wants to sell.
the unprecedented number of withdrawal requests i got last night says different.
it can't just be a coincidence that they're all withdrawing after the price goes up.
i'm sure it's taken a lot of people by surprise; people that are still in the process of getting their coins into gox.
More reason for me to snap up some coins!!
Nobody wants to sell.
the unprecedented number of withdrawal requests i got last night says different.
it can't just be a coincidence that they're all withdrawing after the price goes up.
i'm sure it's taken a lot of people by surprise; people that are still in the process of getting their coins into gox.
Is it a difficult process?
Depends on how you store your bitcoins. If there in your wallet, it only takes 6 blocks. If they're in a paper wallet, you have to import it first. If that paper wallet is in a safety deposit box (or better yet a buried chest with a treasure map), it could take a little time.
Nobody wants to sell.
the unprecedented number of withdrawal requests i got last night says different.
it can't just be a coincidence that they're all withdrawing after the price goes up.
i'm sure it's taken a lot of people by surprise; people that are still in the process of getting their coins into gox.
Is it a difficult process?
I'd read the large number of withdraws to mean that the coins are already there.
The market seems extremely bullish. I'm tempted to say that the market is even more bullish than I am, which is a bit scary. We've been at $8.5 for the last 18 hours or so and the price just keeps rising with no sell offs whatsoever. Nobody wants to sell. Pretty much testing $9 again right now.
Nobody wants to sell but neither do I. I wouldn't be too happy buying more either if I was buying. It's a very testy situation in my opinion.
Nobody wants to sell but neither do I. I wouldn't be too happy buying more either if I was buying. It's a very testy situation in my opinion.
I agree with the fact that even after the insanity of last night, staying at 8.5 is super positive.
And while there have been no huge buys or sells, there seems to be lots of activity still. This is also positive.
Ideally it would be nice to base for a while in the top half of this range we put in for the 17th - that would show conviction to the move so far and healthy construction for higher prices.
Nobody wants to sell.
the unprecedented number of withdrawal requests i got last night says different.
it can't just be a coincidence that they're all withdrawing after the price goes up.
i'm sure it's taken a lot of people by surprise; people that are still in the process of getting their coins into gox.
The market seems extremely bullish. I'm tempted to say that the market is even more bullish than I am, which is a bit scary. We've been at $8.5 for the last 18 hours or so and the price just keeps rising with no sell offs whatsoever. Nobody wants to sell. Pretty much testing $9 again right now.
Nobody wants to sell but neither do I. I wouldn't be too happy buying more either if I was buying. It's a very testy situation in my opinion.
Nobody wants to sell but neither do I. I wouldn't be too happy buying more either if I was buying. It's a very testy situation in my opinion.
I agree with the fact that even after the insanity of last night, staying at 8.5 is super positive.
And while there have been no huge buys or sells, there seems to be lots of activity still. This is also positive.
The market seems extremely bullish. I'm tempted to say that the market is even more bullish than I am, which is a bit scary. We've been at $8.5 for the last 18 hours or so and the price just keeps rising with no sell offs whatsoever. Nobody wants to sell. Pretty much testing $9 again right now.
Nobody wants to sell but neither do I. I wouldn't be too happy buying more either if I was buying. It's a very testy situation in my opinion.
Nobody wants to sell but neither do I. I wouldn't be too happy buying more either if I was buying. It's a very testy situation in my opinion.
That would certainly make sense. But how can you be convinced of it?
Maybe he just gone mad...
Maybe he just gone mad...
Yeah the mad genius who can make at least +7% a week, right? Pleaseee
Rather the ponzi operator who started buying his own snakeoil. Wouldn't really surprise me...
That would certainly make sense. But how can you be convinced of it?
Maybe he just gone mad...
Maybe he just gone mad...
Yeah the mad genius who can make at least +7% a week, right? Pleaseee
Crazy like a bitcoin fox..
That would certainly make sense. But how can you be convinced of it?
Maybe he just gone mad...
Maybe he just gone mad...
What he did is a sure way to lose money, and a way to wow his clueless flock. Nobody is making 10% per week doing such antics as selling into bid 1$ below the market price. Not consistently anyway.
That's why I'm convinced he didn't do anything. But claiming he did sure is nice publicity to lure more people into his scheme isn't it?
+1
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