Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 24121.

Newbie1022

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Quote from: coinableS on December 05, 2014, 06:49:20 PM

Quote from: Newbie1022 link=topic=178336.msg9753002#msg9753002
just because CoinableS assumes that Draper paid over market, for instance, does not mean that Draper paid over market.
[/quote

Don't lie!
I never said he paid over market. I only suggested his bid was more than Pantera's.

Sorry man. I just named the first uber-bull I could think of and you said something in the auction details sub-thread that said you assumed Pantera received none because they paid under market which at least seems to suggest that Draper was at or above market.

But seriously, I was just naming the first uber-bull I could think of and mean no disrespect by it.

Newbie1022

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Quote from: podyx on December 05, 2014, 06:47:34 PM

ah, ok, I've just been skimmnig thru the last 6 pages while being tired as fuck so could be wrong/not make any sense atm

Going to sleep now Cool

No worries man. Get some rest. Hope you feel better.

coinableS

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Quote from: Newbie1022

just because CoinableS assumes that Draper paid over market, for instance, does not mean that Draper paid over market.

Don't lie!
I never said he paid over market. I only suggested his bid was more than Pantera's.

podyx

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ah, ok, I've just been skimmnig thru the last 6 pages while being tired as fuck so could be wrong/not make any sense atm

Going to sleep now Cool

Newbie1022

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Quote from: podyx on December 05, 2014, 06:41:15 PM

Sure but that wasn't my point

You said people were interpreting it as bullish because Draper won some of them when he bid below which isn't true.
People are interpreting it as bullish if Draper in fact did bid above market as the rumours are telling us

Which rumors? Where did they come from? Links? I call bullshit.

He may have paid any number -- maybe well above. He might have also only bid on several blocks. I, frankly, have no idea what the man's bidding strategy was. But, just because CoinableS assumes that Draper paid over market, for instance, does not mean that Draper paid over market.

Or are you referencing Fonzie's troll rumor?

podyx

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Sure but that wasn't my point

You said people were interpreting it as bullish because Draper won some of them when he bid below which isn't true.
People are interpreting it as bullish if Draper in fact did bid above market as the rumours are telling us

Newbie1022

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Quote from: podyx on December 05, 2014, 06:33:52 PM

Quote from: Newbie1022 on December 05, 2014, 06:23:30 PM

Worst case scenario ensues -- the Coins are dispersed amongst multiple owners increasing the probability of some dumping activity -- and people are interpreting it as uber-bullish. This place never ceases to give me something to laugh about.

Think about:

Option A: Draper wins them all -- everybody cheers and assumes he paid well over market price that's why he was able to secure all of them;

Option B: Draper wins some of them -- everybody cheers and assumes this only means that not only did Draper bid above market, but so did others... so the price they bid must be infinitely above market (this scenario, I note, is the worst because it places the coins in more hands, more decision points, some of those decision makers might look to arbitrage even if all don't);

Option C: Draper wins none of them -- everybody cheers and assumes that the price is infinity times infinity above market price.

I'm pretty sure what I am describing above is some form of confirmation bias.

podyx

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Quote from: Newbie1022 on December 05, 2014, 06:23:30 PM

Worst case scenario ensues -- the Coins are dispersed amongst multiple owners increasing the probability of some dumping activity -- and people are interpreting it as uber-bullish. This place never ceases to give me something to laugh about.

Newbie1022

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Activity: 238

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Worst case scenario ensues -- the Coins are dispersed amongst multiple owners increasing the probability of some dumping activity -- and people are interpreting it as uber-bullish. This place never ceases to give me something to laugh about.

spooderman

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Aw man I think they deleted one of the funnier posts from back around the 10k mark. When someone posted that pic of a bunch of transexuals with the caption "THIS is gentlemen."

I did laugh.

spooderman

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Quote from: macsga on December 05, 2014, 05:51:59 PM

Quote from: spooderman on December 05, 2014, 05:49:47 PM

People are always insulting IE because of its speed. They shouldn't be. What is far more shit about it is the terrible security.

It's true, but chrome falls into the same category IMHO. You don't want to store your passwords there, let alone your 2FA for certain bitcoin sites... Undecided

<------doesn't use chrome. The fewer google products I can use the better.

ChartBuddy

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1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ

Explanation

macsga

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Strange, yet attractive.

Quote from: spooderman on December 05, 2014, 05:49:47 PM

People are always insulting IE because of its speed. They shouldn't be. What is far more shit about it is the terrible security.

It's true, but chrome falls into the same category IMHO. You don't want to store your passwords there, let alone your 2FA for certain bitcoin sites... Undecided

phoenix1

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Quote from: fonzie on December 05, 2014, 05:42:54 PM

Never question the newses! Here is a classic one:

Much of Proudhon's comments from "confirmed sources" have been dismissed by other forum users, but the sense of unknowing shared across the community is hard to ignore."

http://www.ibtimes.co.uk/chinese-new-year-bitcoin-ban-end-days-or-empty-threat-1434495

https://bitcointalksearch.org/topic/confirmed-bad-news-sources-thread-no-fud-just-facts1-412280

Yeh, I remember that one, Proudhon's 5 minutes of fame lol Cheesy

I guess Sydner Ember got hers today !

spooderman

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People are always insulting IE because of its speed. They shouldn't be. What is far more shit about it is the terrible security.

macsga

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Activity: 1484

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Strange, yet attractive.

Quote from: Richy_T on December 05, 2014, 05:27:49 PM

Quote from: oda.krell on December 05, 2014, 04:54:53 PM

Quote from: bitcodo on December 05, 2014, 03:32:39 PM

Quote from: NotLambchop on December 05, 2014, 03:22:09 PM

Maybe try a different browser?

Which one? Godzilla firebull?

I recommend Mozzarella Foxfire.

Go oldschool

It's an oldie, but still funny... Grin

criptix

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Quote from: fonzie on December 05, 2014, 03:29:26 PM

Quote from: criptix on December 05, 2014, 03:00:35 PM

Quote from: fonzie on December 05, 2014, 02:59:00 PM

Wall Street Journal:

"Tim Draper: I am pretty impressed that my bids that were 15% above the current market weren´t successful. However i am going to market buy those 50k on BTC-E, like NOW!"

http://online.wsj.com/articles/tim-draper-dissapointed-that-he-lost-the-second-auction-1417471759

Damn troll that link doesnt work Angry

strangely i saw similiar pictures popping in my head while i clicked on your link.

prepare for the hitman i sent to you Wink

fonzie

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Moderator

Quote from: phoenix1 on December 05, 2014, 05:23:32 PM

Well, that was a fun-filled FUD-fest !!

So what do we know ??

Erm ... Sydney Ember is FOS, Bloomberg base their stories on tweets, and CoinDesk like to bareback Bloomberg Grin

Oh, and Pantera like Jorge's charts ! Maybe we can send him over to them Cheesy

Never question the newses! Here is a classic one:

"Meanwhile, members of the BitcoinTalk forum have expressed fear over the potential closure of Chinese exchanges, with hundreds of posts gaining tens of thousands of views from the crypto-currency community.

One forum member, using the name 'Bitcoinlitcoinbtcltc' said that after 31 January, "Chinese can no longer do anything related to bitcoins. They can not withdraw money from Chinese exchanges. So the bitcoins they have on Chinese exchanges are 'dead'. They can not trade those bitcoins in for real money, or withdraw that money. It's like that money doesn't exist anymore."

This doomsday scenario was echoed by another used called 'Proudhon', who has contributed to the forum for three years. The user said bitcoin's fall from $1,200 to its current level of around $900 will "continue until bitcoins are worth $0."

Much of Proudhon's comments from "confirmed sources" have been dismissed by other forum users, but the sense of unknowing shared across the community is hard to ignore."

http://www.ibtimes.co.uk/chinese-new-year-bitcoin-ban-end-days-or-empty-threat-1434495

https://bitcointalksearch.org/topic/confirmed-bad-news-sources-thread-no-fud-just-facts1-412280

Richy_T

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1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Quote from: oda.krell on December 05, 2014, 04:54:53 PM

Quote from: bitcodo on December 05, 2014, 03:32:39 PM

Quote from: NotLambchop on December 05, 2014, 03:22:09 PM

Maybe try a different browser?

Which one? Godzilla firebull?

I recommend Mozzarella Foxfire.

Go oldschool

phoenix1

hero member

Activity: 798

Merit: 1000

Well, that was a fun-filled FUD-fest !!

So what do we know ??

Erm ... Sydney Ember is FOS, Bloomberg base their stories on tweets, and CoinDesk like to bareback Bloomberg Grin

Oh, and Pantera like Jorge's charts ! Maybe we can send him over to them Cheesy

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