Ummmm. So what is up with the purchase of thousands of coins at once?
Just like the other day, someone wants coins and is not fucking around.
This is just the beginning. 
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20173. (Read 26630760 times)
November 16, 2015, 08:58:46 PM
Just like the other day, someone wants coins and is not fucking around.
This is just the beginning. 
November 16, 2015, 08:57:52 PM
Ok. Back on topic, people!
November 16, 2015, 08:57:44 PM
Ummmm. So what is up with the purchase of thousands of coins at once?
November 16, 2015, 08:57:12 PM
We are going nord... bears sweating. Life is good.
338
338
November 16, 2015, 08:56:54 PM
BOOM!
November 16, 2015, 08:52:44 PM
The extreme opposite viewpoint is that there is demand for 25BTC/block * 6block/hr * 24hr/day * $320/BTC = $1,152,000 worth of BTC per day. This $1.15 M demand may stay the same across the halving. This would indicate an equal value. In such a case, the new equilibrium price would be $640.
Granted, the truth will likely be somewhere in between.
Of course, I am of the opinion that BTC is drastically undervalued today. But that's just, like, my opinion, man.
Granted, the truth will likely be somewhere in between.
Of course, I am of the opinion that BTC is drastically undervalued today. But that's just, like, my opinion, man.
No way is the price going to double at the point of the having though. It will climb in the leadup to the halving which will result in more hashing power being brought online which will cause the difficulty to increase. Now, it's possible that the price will climb enough, faster than hashing power is added that there will be enough profit to not encourage miners to switch off and there may be some other factors as well but there's nothing solid.
also what most people don't know is, the current price always contains ALL information currently available. This includes the next reward halving, the current possibility of mass adoption, the current possibility of current total failure etc. etc.
The price does not reflect the current price of something it is always reflects the speculation of future prices which drives it. This is the same for all Forex / Commodities / Stock-Markets...
Halving is just a reason to be a reason to pump&dump BTC just like it happened everytime at the altcoin market / btc / ltc halving in the past.
Well no, not true, the possibility of bitcoin blowing up before the halving is also priced in. As is China banning bitcoins tomorrow, or NSA cracking crypto, or Satoshi coming back and starting dumping his stash etc, etc, etc. This is still a low cap asset so at this stage as we see by high volatility short term events have much greater impact on the price. (Arguably) BTC's future is still uncertain. So everyday that passes where BTC doesn't spontaneously combusts and holds value is another negatively priced event that's chipped off.
If satoshi just moves 1 BTC from his account... even one mili, it could be the apocallipse, the armageddon. The bearist movement of all times. You can count that only will exist 20M bitcoins or none.
November 16, 2015, 08:51:08 PM
There's not a single hint of evidence in these "news" anyway. That's just pure manufactured FUD. Seriously, stop wasting your time with these websites.
Right. Gubermint lies spread by their jackbooted Jewish lackeys of the mainstream media
MSM?
Cryptocoinnews
newsBTC
Network World
November 16, 2015, 08:42:19 PM
^Hmm. Something to think about.
International terrorists really could benefit from a more privacy-conscious way to move massive amounts of money while saving on transaction fees! Finally, a Bitcoin use case scenario that doesn't sound totally contrived!
International terrorists really could benefit from a more privacy-conscious way to move massive amounts of money while saving on transaction fees! Finally, a Bitcoin use case scenario that doesn't sound totally contrived!
They don't have this problem, they can use their privileged HSBC account for that. Bankers take care of their exclusive clients
Bankers=Rothschilds=Illuminati=Saurians=NSA
TL;DR: The Jews did it, in the drawing room, with thermite.
Why do you keep switching accounts? Did they ban the Lambchop one?
I mean we're all friends here, there's no reasons to hide behind sockpuppets
November 16, 2015, 08:37:45 PM
The extreme opposite viewpoint is that there is demand for 25BTC/block * 6block/hr * 24hr/day * $320/BTC = $1,152,000 worth of BTC per day. This $1.15 M demand may stay the same across the halving. This would indicate an equal value. In such a case, the new equilibrium price would be $640.
Granted, the truth will likely be somewhere in between.
Of course, I am of the opinion that BTC is drastically undervalued today. But that's just, like, my opinion, man.
Granted, the truth will likely be somewhere in between.
Of course, I am of the opinion that BTC is drastically undervalued today. But that's just, like, my opinion, man.
No way is the price going to double at the point of the having though. It will climb in the leadup to the halving which will result in more hashing power being brought online which will cause the difficulty to increase. Now, it's possible that the price will climb enough, faster than hashing power is added that there will be enough profit to not encourage miners to switch off and there may be some other factors as well but there's nothing solid.
also what most people don't know is, the current price always contains ALL information currently available. This includes the next reward halving, the current possibility of mass adoption, the current possibility of current total failure etc. etc.
The price does not reflect the current price of something it is always reflects the speculation of future prices which drives it. This is the same for all Forex / Commodities / Stock-Markets...
Halving is just a reason to be a reason to pump&dump BTC just like it happened everytime at the altcoin market / btc / ltc halving in the past.
Well no, not true, the possibility of bitcoin blowing up before the halving is also priced in. As is China banning bitcoins tomorrow, or NSA cracking crypto, or Satoshi coming back and starting dumping his stash etc, etc, etc. This is still a low cap asset so at this stage as we see by high volatility short term events have much greater impact on the price. (Arguably) BTC's future is still uncertain. So everyday that passes where BTC doesn't spontaneously combusts and holds value is another negatively priced event that's chipped off.
November 16, 2015, 08:33:48 PM
^Hmm. Something to think about.
International terrorists really could benefit from a more privacy-conscious way to move massive amounts of money while saving on transaction fees! Finally, a Bitcoin use case scenario that doesn't sound totally contrived!
International terrorists really could benefit from a more privacy-conscious way to move massive amounts of money while saving on transaction fees! Finally, a Bitcoin use case scenario that doesn't sound totally contrived!
They don't have this problem, they can use their privileged HSBC account for that. Bankers take care of their exclusive clients
November 16, 2015, 08:32:30 PM
There's not a single hint of evidence in these "news" anyway. That's just pure manufactured FUD. Seriously, stop wasting your time with these websites.
Right. Gubermint lies spread by their jackbooted Jewish lackeys of the mainstream media
MSM?
Cryptocoinnews
newsBTC
Network World
November 16, 2015, 08:17:17 PM
There's not a single hint of evidence in these "news" anyway. That's just pure manufactured FUD. Seriously, stop wasting your time with these websites.
Right. Gubermint lies spread by their jackbooted Jewish lackeys of the mainstream media
http://s28.postimg.org/48yyuhkkd/Capture.png
November 16, 2015, 08:10:06 PM
I mention it only because I think it could be interesting, obviously; I don't think it's significant.
November 16, 2015, 08:07:45 PM
There's not a single hint of evidence in these "news" anyway. That's just pure manufactured FUD. Seriously, stop wasting your time with these websites.
November 16, 2015, 08:03:45 PM
GhostSec, a hacktivist off-shoot of Anonymous, has claimed to have followed a chain of transactions and found a Bitcoin wallet containing $3 million which they say is linked to the self-proclaimed Islamic State terror group and Friday’s Paris attacks.
Read more: http://sputniknews.com/europe/20151116/1030223381/paris-attackers-alleged-bitcoin-wallet.html#ixzz3rhXvubak
Read more: http://sputniknews.com/europe/20151116/1030223381/paris-attackers-alleged-bitcoin-wallet.html#ixzz3rhXvubak
Idiots! Why don't they use Monero? It's soooo much better for financing terrorism! And if it goes to h, maybe reptilias castle will be raided.
I'm sure you may find some of that $600milion the US gave to ISL in the last congress sanctioned assistance package is being used irresponsibly, it seems ironic that 99.5% is not questions because it in the open and the media chose track the 0.5% that filed through to bitcoin, if it did.
November 16, 2015, 08:01:47 PM
How hard would it be to black-bag the entire developer community and force them to fork those coins out of existence?
Irrelevant. How hard would it be to force a majority of the broader bitcoin community to adopt this fork that was sure to tank the value of their precious to $0.00?
Good question. Idk.
November 16, 2015, 08:01:16 PM
November 16, 2015, 08:00:40 PM
GhostSec, a hacktivist off-shoot of Anonymous, has claimed to have followed a chain of transactions and found a Bitcoin wallet containing $3 million which they say is linked to the self-proclaimed Islamic State terror group and Friday’s Paris attacks.
Read more: http://sputniknews.com/europe/20151116/1030223381/paris-attackers-alleged-bitcoin-wallet.html#ixzz3rhXvubak
Read more: http://sputniknews.com/europe/20151116/1030223381/paris-attackers-alleged-bitcoin-wallet.html#ixzz3rhXvubak
other source? sputnik is usually crap.
maybe they were selling their drugs on SR or something...
if the whole network agrees we can take their funds..
i think that would be cool to see.
I think some hardcore bitcoiners would go ape shit and maybe fork off.
hey that would be a good way to get rid of all the trolls
I was thinking we could locate the privkeys somehow and air-strike 'em?
lol that would be cooler
but ya i wonder if one day we'll see future generations fork bitcoin in this way
>51% agree to destroy their coins then those coins are no good anymore.
wait no you really need consensus , or else everyone will rather not go against the wishes of 5% of the network.
bitcoin is simply awesome
edits: that came out all worng... lol fixed typos!
November 16, 2015, 07:58:36 PM
GhostSec, a hacktivist off-shoot of Anonymous, has claimed to have followed a chain of transactions and found a Bitcoin wallet containing $3 million which they say is linked to the self-proclaimed Islamic State terror group and Friday’s Paris attacks.
Read more: http://sputniknews.com/europe/20151116/1030223381/paris-attackers-alleged-bitcoin-wallet.html#ixzz3rhXvubak
Read more: http://sputniknews.com/europe/20151116/1030223381/paris-attackers-alleged-bitcoin-wallet.html#ixzz3rhXvubak
other source? sputnik is usually crap.
maybe they were selling their drugs on SR or something...
if the whole network agrees we can take their funds..
i think that would be cool to see.
I think some hardcore bitcoiners would go ape shit and maybe fork off.
hey that would be a good way to get rid of all the trolls
3 million usd isnt that much for big organization, imagine for 1000 follower they just need to raise 3000 usd each ppl within 1 year or 10 usd per day per each ppl for 1 year. then imagine how many donation needed for 1 million follower.
How hard would it be to black-bag the entire developer community and force them to fork those coins out of existence?
im sure they also hold gold and jewelry and all thing that were shiny, are you going to fork those out of existence too?
EDIT : best bet is to track those address so they cant cash them out unnoticed
November 16, 2015, 07:57:32 PM
How hard would it be to black-bag the entire developer community and force them to fork those coins out of existence?
Irrelevant. How hard would it be to force a majority of the broader bitcoin community to adopt this fork that was sure to tank the value of their precious to $0.00?
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