Coin
Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 19503. (Read 26619950 times)
January 26, 2016, 06:01:47 PM
January 26, 2016, 05:58:08 PM
www.Circle.com or www.Coinbase.com are easy solutions with minimal to no fees. You can also use www.LocalBitcoins.com for a swift cash deposit at an above preev price. Nor, do you mind me asking what your average buy price is for your stockpile? Pure curiosity.
if i get preev price, ill got with it.
I'm sure this is all above board. Why don't I just wire you the money?
i dont understand? o.O
and also for this amount i would believe 2 escrows would be required (you pick and discuss with him)
if there is no change in the price going upwards in the next 48hours, am dumping 40.
January 26, 2016, 05:55:38 PM
Even a guy like satoshi could dump his 1mn coin stash in BTCC by buying 5-10 alts, and then buying BTCs.
You really are worried about this, aren't you?
No I'm not worried the least about satoshi moving his coins. He's not here to daytrade etc. I'm just saying how it could go down between BTC < alts > BTCC with alts as a vehicle, without even needing to pass through $$$.
January 26, 2016, 05:54:26 PM
www.Circle.com or www.Coinbase.com are easy solutions with minimal to no fees. You can also use www.LocalBitcoins.com for a swift cash deposit at an above preev price. Nor, do you mind me asking what your average buy price is for your stockpile? Pure curiosity.
if i get preev price, ill got with it.
I'm sure this is all above board. Why don't I just wire you the money?
January 26, 2016, 05:50:47 PM
www.Circle.com or www.Coinbase.com are easy solutions with minimal to no fees. You can also use www.LocalBitcoins.com for a swift cash deposit at an above preev price. Nor, do you mind me asking what your average buy price is for your stockpile? Pure curiosity.
if i get preev price, ill got with it.
January 26, 2016, 05:48:12 PM
jl777hodlCoin is up 196%. Seems legit.
January 26, 2016, 05:08:17 PM
Even a guy like satoshi could dump his 1mn coin stash in BTCC by buying 5-10 alts, and then buying BTCs.
You really are worried about this, aren't you?
January 26, 2016, 05:01:45 PM
January 26, 2016, 04:59:22 PM
With this temporary general altcoin pump, I am wondering how it is funded.
-snip-Altcoins can serve as an effective dumping mechanism. Even a guy like satoshi could dump his 1mn coin stash in BTCC by buying 5-10 alts, and then buying BTCs. With fiat he would have to pass through some type of verification though.
-snip-
[MySides.jpg]
January 26, 2016, 04:38:33 PM
With this temporary general altcoin pump, I am wondering how it is funded.
I have a theory but it's just that: a theory.
I've been thinking about post-fork situations. Let's say a classic fork succeeds and there are large btc holders who do NOT want to dump BTCClassics for fiat, in order to buy more BTCs (core). In that case the only "avenue" to avoid fiat regulations is through altcoins: BTCC => altcoin => BTC.
Altcoins can serve as an effective dumping mechanism. Even a guy like satoshi could dump his 1mn coin stash in BTCC by buying 5-10 alts, and then buying BTCs. With fiat he would have to pass through some type of verification though.
This kind of demand, in such a scenario, would lead to explosive alt prices - even for a while, so being positioned in alts might pay off. On the other hand it could be some major whales feeling the need to diversify a bit. But that wouldn't drive prices up like that. This is pump'ish.
January 26, 2016, 04:36:50 PM
www.Circle.com or www.Coinbase.com are easy solutions with minimal to no fees. You can also use www.LocalBitcoins.com for a swift cash deposit at an above preev price. Nor, do you mind me asking what your average buy price is for your stockpile? Pure curiosity.
January 26, 2016, 04:34:18 PM
any idea where i can sell 40btc at preev price?
transfer to me should be by bank transfer.
also, i agree with a statement made up the post. i am going to sell 40btc and keep 150btc. i do have a feeling that it might go up but i have to save my ass from getting burned too much of what i can afford to.
transfer to me should be by bank transfer.
also, i agree with a statement made up the post. i am going to sell 40btc and keep 150btc. i do have a feeling that it might go up but i have to save my ass from getting burned too much of what i can afford to.
January 26, 2016, 04:02:05 PM
January 26, 2016, 04:00:36 PM
With this temporary general altcoin pump, I am wondering how it is funded. Are there any statistics showing the volume conversion fiat -> altcoin and bitcoin -> altcoin?
At http://coincap.io/ the Dominance Index is 89%. As far as I remember the altcoin market cap has always been ~10%, which would suggest that this altcoin pump is mainly funded with bitcoins?
At http://coincap.io/ the Dominance Index is 89%. As far as I remember the altcoin market cap has always been ~10%, which would suggest that this altcoin pump is mainly funded with bitcoins?
January 26, 2016, 03:52:00 PM
if the recent dev who quit bitcoins and has dumped all his coins is behind this, i *may* have an idea about the strategy he is using. let me breakdown (its still just speculations)
since he has sold all his btc he has liquidity, plus he is now on the banking side. which means he may or may not use his insider knowledge to push bitcoins down to the drain (as bankers have always been trying to do)
so what he *might* have proposed to the bank is the only way to make people less attracted to bitcoins is by pulling its price down, how to pull it down is by pushing altcoins up. pushing altcoins up will make people more interrested in altcoins than in bitcoins thus dropping its price stability (more or less stability it was having at $400+)
then when bitcoin price is totally at a point people wont be interrested in and altcoins price have risen over bitcoin price, they *might (if they did buy) * just flush all the altcoins down the drain and that would be more or less the end of the cryptocurrency era until something else happens which makes it resist.
possible people who will be profitable with this scenario is the dev who is now working with the banks and the banks since they will buy very low and sell very high.
well of course i may not have enough knowledge about cryptocurrency to be exact in my claims but if we speak about "finance" this is how its running in my mind for a possible explanation about whats happening.
there is also the fear that btc will go below $380 in the mind of people. if btc doesnt stabilise at $400+
i myself will start panicking since i recently (few months ago) bought a lot at $221 and $238
now if its at $380 i will still be 100$+ profitable over each btc i have but speaking about finance and profitability, for me its a $25 loss that i will be looking at. and i will start dumping with the crowd who will most probably be doing the same at $380.
since he has sold all his btc he has liquidity, plus he is now on the banking side. which means he may or may not use his insider knowledge to push bitcoins down to the drain (as bankers have always been trying to do)
so what he *might* have proposed to the bank is the only way to make people less attracted to bitcoins is by pulling its price down, how to pull it down is by pushing altcoins up. pushing altcoins up will make people more interrested in altcoins than in bitcoins thus dropping its price stability (more or less stability it was having at $400+)
then when bitcoin price is totally at a point people wont be interrested in and altcoins price have risen over bitcoin price, they *might (if they did buy) * just flush all the altcoins down the drain and that would be more or less the end of the cryptocurrency era until something else happens which makes it resist.
possible people who will be profitable with this scenario is the dev who is now working with the banks and the banks since they will buy very low and sell very high.
well of course i may not have enough knowledge about cryptocurrency to be exact in my claims but if we speak about "finance" this is how its running in my mind for a possible explanation about whats happening.
there is also the fear that btc will go below $380 in the mind of people. if btc doesnt stabilise at $400+
i myself will start panicking since i recently (few months ago) bought a lot at $221 and $238
now if its at $380 i will still be 100$+ profitable over each btc i have but speaking about finance and profitability, for me its a $25 loss that i will be looking at. and i will start dumping with the crowd who will most probably be doing the same at $380.
You are coming off as a bit over invested.
In that regard, it seems that you should play a little bit less "all or nothing," and sell a little bit now, so you don't get so emotional about whatever is the short term price direction(s) of BTC. Ultimately, you are the one who needs to make those kinds of calls, and seems better to stagger your bets a bit more.. but on the other hand, if you enjoy living with such stress (and possible excitement), then that's your prerogative.
January 26, 2016, 03:51:25 PM
http://s22.postimg.org/bzqdk43rj/Blockchain_Debate_Info_Graphic.png
source:
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Feel out of the loop? Made an infographic about what's been happening in the Blocksize Debate. (imgur.com)
submitted 18 hours ago by Cryptoconomy
https://www.reddit.com/r/Bitcoin/
submitted 18 hours ago by Cryptoconomy
https://www.reddit.com/r/Bitcoin/
January 26, 2016, 03:30:12 PM
luke-jr -1 points 1 day ago
The modern "Israel" is, like all other modern governments, merely a tool of Satan's
Dafuq?!
The modern "Israel" is, like all other modern governments, merely a tool of Satan's
Dafuq?!
Sure nice to know Bitcoin is in good hands.
He shouldn’t be allowed to talk to people.
I don't think he is. But he's a bad ass renegade!!!
Poll: Luke Jr: Trolling or not?
https://www.reddit.com/r/Bitcoin/comments/42svg3/planning_bitcoin_ljr_012/
https://www.reddit.com/r/Bitcoin/comments/42svg3/planning_bitcoin_ljr_012/
Nope, he's a nutter.
January 26, 2016, 03:11:17 PM
luke-jr -1 points 1 day ago
The modern "Israel" is, like all other modern governments, merely a tool of Satan's
Dafuq?!
The modern "Israel" is, like all other modern governments, merely a tool of Satan's
Dafuq?!
Sure nice to know Bitcoin is in good hands.
He shouldn’t be allowed to talk to people.
January 26, 2016, 03:10:31 PM
Poll: Luke Jr: Trolling or not?
https://www.reddit.com/r/Bitcoin/comments/42svg3/planning_bitcoin_ljr_012/
https://www.reddit.com/r/Bitcoin/comments/42svg3/planning_bitcoin_ljr_012/
January 26, 2016, 03:01:50 PM
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