Coin
Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 20569. (Read 26606831 times)
October 25, 2015, 12:01:51 PM
October 25, 2015, 11:50:52 AM
First time I checked the price today & we've shot up into the 290's. How very nice 
Let's not have a massive dump shall we & consolidate here or even break 300.
Let's not have a massive dump shall we & consolidate here or even break 300.
Huobi is $302 now
The Chinese have led this rally but we eventually catch up to their last step up in price at about the same time they have another step up. As 300 is already broken in China it will get broken here, by which time it will be 310 in China. When their banks open on Monday morning the price could go up at dizzying speeds as money hits their exchanges.
Thank you for clarifying this for me
October 25, 2015, 11:49:58 AM
BTC at its low and going down, $267.3 . Is it time for the next dump yet?
just a little correction. Will go up upcoming weeks.
October 25, 2015, 11:45:50 AM
Please do not mistake this for financial advice, but...
http://s1.postimg.org/iveh6cxm7/bears.jpg
http://s1.postimg.org/iveh6cxm7/bears.jpg
October 25, 2015, 11:41:35 AM
October 25, 2015, 11:41:04 AM
October 25, 2015, 11:31:01 AM
The importance of money flows from it being a link between the present and the future. JMK
October 25, 2015, 11:27:13 AM
Hopefully Stamp's bid support builds up through the day. If we can breakout above 300 with volume tonight/tomorrow- watch out 
October 25, 2015, 11:26:55 AM
First time I checked the price today & we've shot up into the 290's. How very nice
Let's not have a massive dump shall we & consolidate here or even break 300.
Let's not have a massive dump shall we & consolidate here or even break 300.
Huobi is $302 now
The Chinese have led this rally but we eventually catch up to their last step up in price at about the same time they have another step up. As 300 is already broken in China it will get broken here, by which time it will be 310 in China. When their banks open on Monday morning the price could go up at dizzying speeds as money hits their exchanges.
October 25, 2015, 11:22:39 AM
At least Sergei is smart enough to keep his share in BTC, where it's safe from snoopy government's prying eyes, so won't land him in jail (again).
yes, nevertheless thats just a fraction of the revenue of this ponzi and as you said he may be smart enough to keep his BTC.
His previous run involved upwards of $10 BILLION. A fraction of that is quite a bit of money.
The problem with Sereja's scheme is it's a ponzi, something most governments try to suppress via violence and coercion, aka 'jackbooted thuggery.'
When Che Guevara is made to unjustly disgorge his hard-won gains, BTC gets dumped on the market, a la USMS auction, because not legal tender.
But you're right, for now he hasn't been busted, so BTC to the moon.
October 25, 2015, 11:13:07 AM
At least Sergei is smart enough to keep his share in BTC, where it's safe from snoopy government's prying eyes, so won't land him in jail (again).
yes, nevertheless thats just a fraction of the revenue of this ponzi and as you said he may be smart enough to keep his BTC.
October 25, 2015, 11:08:21 AM
do they use just BTC or other payment options too?
as i see it the victims change fiat -> bitcoin and MMM changes bitcoin -> fiat to pay their other victims
its not that they are hoarding bitcoins or something. they just use it as a short-time carrier. that reduces the risk imo of a sudden drop cause of MMM. but lets see.
Why would they change BTC into worthless fiat toilet paper, which is printed out of thin air willy-nilly?
At least Sergei is smart enough to keep his share in BTC, where it's safe from snoopy government's prying eyes, so won't land him in jail (again).
October 25, 2015, 11:05:44 AM
First time I checked the price today & we've shot up into the 290's. How very nice
Let's not have a massive dump shall we & consolidate here or even break 300.
Let's not have a massive dump shall we & consolidate here or even break 300.
Huobi is $302 now
October 25, 2015, 11:03:48 AM
First time I checked the price today & we've shot up into the 290's. How very nice
Let's not have a massive dump shall we & consolidate here or even break 300.
Let's not have a massive dump shall we & consolidate here or even break 300.
October 25, 2015, 11:03:19 AM
do they use just BTC or other payment options too?
as i see it the victims change fiat -> bitcoin and MMM changes bitcoin -> fiat to pay their other victims
its not that they are hoarding bitcoins or something. they just use it as a short-time carrier. that reduces the risk imo of a sudden drop cause of MMM. but lets see.
October 25, 2015, 11:01:57 AM
October 25, 2015, 10:59:01 AM
do they use just BTC or other payment options too?
... We can defend against frauds by using our wits and critical thinking. ...
Good luck with that 
October 25, 2015, 10:54:51 AM
How many ponzi schemes were build on dollars? The original scam by Charles Ponzi was based on stamps. Are stamps bad? You can't blame Bitcoin for the actions of the people who use it. It's a tool that can be used for good or evil.
Bitcoin makes the MMM scam global and more difficult to stop (and adds bitcoin's own pyramid on top of it).
The Russian government was almost useless in stopping Sergei's previous Russian scam, but it did eventually put him in jail for a couple of years. Now that he uses bitcoins, who is going to catch and prosecute him? How can his gains be confiscated and returned to the victims?
Quote
The Real on the other hand is a scam that everyone in your country is FORCED to participate in.
The tiny difference is that no one is trying to convince Brazilians to "invest" their money in reals; quite the opposite. And no one is promising that the real will "go to the moon" -- like Andreessen, Silbert, the Winkles, and all other bitcoin peddlers are doing.
Do you not know the history of your own currency? When Brazil was experiencing one it it's periodic bouts of hyperinflation the gov/banksters had everyone put two price tags on everything, one with the "REAL" (non-inflationary) price. When they had everyone convinced the REAL was not subject to inflation, they abandoned the old currency and made the Real legal tender. After that of course they ramped up the printing presses like they always do.
So, you are wrong, but even if you weren't, FORCING people to use a currency is far worse than tricking them. Legal tender laws are coercion. We can defend against frauds by using our wits and critical thinking. How can we defend ourselves against thugs who not only demand we participate in their protection racket, but that we use their monopoly money to do so?
October 25, 2015, 10:52:55 AM
do they use just BTC or other payment options too?
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