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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 26463. (Read 26609306 times)

legendary
Activity: 1260
Merit: 1002
LMAO, you can buy 1880 ETH per BTC now,

or

Quote
Mircea Popescu is offering up 5000 ETH per BTC in 8 months from now, 2.5x more ETH per BTC than the best rate being offered by Ethereum during the Genesis Sale.vii Effectively, MP is allowing you to “go long” ETH.
http://contravex.com/2014/07/23/a-guide-to-buying-5000-ether-bitcoin-2-5x-more-than-ethereums-genesis-sale/

ata deal! Cheesy
legendary
Activity: 1414
Merit: 1000
Ethereum might become the biggest BTC rubbish dump next to MtGox. This will be fun to watch.

25k BTC = $15M

So investors think that their stock will outperform Bitcoin and that stock also has similar crash possibility. Acctually this investment is at least 5 - 10 times more risky than Bitcoin with same rewards.

Neo & Bee anyone?  Wink
after 5k sell out, only $12M remains
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
Ethereum might become the biggest BTC rubbish dump next to MtGox. This will be fun to watch.

25k BTC = $15M

So investors think that their stock will outperform Bitcoin and that stock also has similar crash possibility. Acctually this investment is at least 5 - 10 times more risky than Bitcoin with same rewards.

Neo & Bee anyone?  Wink

Na this time we have to many faces and interviews with people to have them do a plausible Neobee escapade
Although if it becomes another wheres Mark case that would be amusing
legendary
Activity: 3780
Merit: 5429
Ethereum might will definitely become the biggest BTC rubbish dump next to MtGox, Neo & Bee, and Maxcoin. This will be fun to watch.

FTFY  Grin
legendary
Activity: 1008
Merit: 1003
WePower.red
Ethereum might become the biggest BTC rubbish dump next to MtGox. This will be fun to watch.

25k BTC = $15M

So investors think that their stock will outperform Bitcoin and that stock also has similar crash possibility. Acctually this investment is at least 5 - 10 times more risky than Bitcoin with same rewards.

Neo & Bee anyone?  Wink
legendary
Activity: 1414
Merit: 1000

Wow, that's a lot of BTC people put in. Never understood why I should buy Ether, myself. Any thoughts on whether this 25k+ BTC might have a negative impact on BTC/USD?

I think only negative impact on ETH stockholders.

But in the blog, they're talking about literally dumping some of the BTC on the market for expenses payable in fiat currency. How much is not clear. I suppose those with debt payable in BTC were likely to have held in the first place, though.

It is very good for Bitcoin. Cheap coins will change hands.

Ah, sure, I didn't mean "bad for bitcoin"... by negative impact on BTC/USD, I just meant a downward pressure on the price. The whole thing is a bit opaque, though. Not clear to me how much it could affect that.

There are almost 4k BTC minted daily. ... ( so wait one more week)
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)
Ethereum might become the biggest BTC rubbish dump next to MtGox. This will be fun to watch.

I decided I would buy it at market when it comes out here expecting a sudden dump on launch because people got tired of holding coins for months lol.
Get my discount rate  Wink
hero member
Activity: 686
Merit: 500

Wow, that's a lot of BTC people put in. Never understood why I should buy Ether, myself. Any thoughts on whether this 25k+ BTC might have a negative impact on BTC/USD?

I think only negative impact on ETH stockholders.

But in the blog, they're talking about literally dumping some of the BTC on the market for expenses payable in fiat currency. How much is not clear. I suppose those with debt payable in BTC were likely to have held in the first place, though.

It is very good for Bitcoin. Cheap coins will change hands.

Ah, sure, I didn't mean "bad for bitcoin"... by negative impact on BTC/USD, I just meant a downward pressure on the price. The whole thing is a bit opaque, though. Not clear to me how much it could affect that.
hero member
Activity: 504
Merit: 500
Moderator
Ethereum might become the biggest BTC rubbish dump next to MtGox. This will be fun to watch.
legendary
Activity: 1834
Merit: 1094
Learning the troll avoidance button :)

Wow, that's a lot of BTC people put in. Never understood why I should buy Ether, myself. Any thoughts on whether this 25k+ BTC might have a negative impact on BTC/USD?

I think only negative impact on ETH stockholders.

But in the blog, they're talking about literally dumping some of the BTC on the market for expenses payable in fiat currency. How much is not clear. I suppose those with debt payable in BTC were likely to have held in the first place, though.

25 K bitcoin for the Ether Project will put some selling pressure on the price
That said I doubt they would dump it all at once also have a minor called Storj.io raising right now
Another 1 - 2 K bitcoin likely
https://www.betmoose.com/bet/how-many-bitcoins-will-the-storj-crowdsale-raise-696

legendary
Activity: 1008
Merit: 1003
WePower.red
12h-1d-3d all look kinda bullish, but short term and 1w looks meh.


However i have a feeling that market will just give up on going 570< at some point, unless there will be some kind of fuel to it

I am 95% most of the 3500 BTC between $590-$600 is fake on Stamp. Someone is trying to cap the price over the weekend.

If we don't fall back to $580 before China makes one more big move up, $600 is going to fall on Stamp quicker than it looks, imho.

For right now, it feels like we are coiling, with a move upward feeling more and more likely.

Not most but probably 35 - 50%. It forces users to sell low and to visualize high resistance and price move down. Through the weekend they will probably snatch at least additional 5k+ coins under $600 and then if it will be enough they will eat / pull their asks and walls to move up.

I am almost sure GABI is doing this and if they don't they should at least learn how to do that. But they probably already have whale with experiences to do that. So, sellers will soon find out that they sold very low and were tricked.
legendary
Activity: 1414
Merit: 1000

Wow, that's a lot of BTC people put in. Never understood why I should buy Ether, myself. Any thoughts on whether this 25k+ BTC might have a negative impact on BTC/USD?

I think only negative impact on ETH stockholders.

But in the blog, they're talking about literally dumping some of the BTC on the market for expenses payable in fiat currency. How much is not clear. I suppose those with debt payable in BTC were likely to have held in the first place, though.

It is very good for Bitcoin. Cheap coins will change hands.
legendary
Activity: 1260
Merit: 1002
hero member
Activity: 686
Merit: 500

Wow, that's a lot of BTC people put in. Never understood why I should buy Ether, myself. Any thoughts on whether this 25k+ BTC might have a negative impact on BTC/USD?

I think only negative impact on ETH stockholders.

But in the blog, they're talking about literally dumping some of the BTC on the market for expenses payable in fiat currency. How much is not clear. I suppose those with debt payable in BTC were likely to have held in the first place, though.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1260
Merit: 1002

Wow, that's a lot of BTC people put in. Never understood why I should buy Ether, myself. Any thoughts on whether this 25k+ BTC might have a negative impact on BTC/USD?

I think only negative impact on ETH stockholders.

yes, once they sold btc, there wont be any valuable asset left.
hero member
Activity: 574
Merit: 500
The intent is to withdraw 4150 BTC from our exodus address within the next 48 hours. We reserve the right to withdraw up to 850 BTC more if needed before the end of the 42 day duration of the sale, but at this point it is likely that the remainder of the BTC in the address will remain unused until the sale ends. Of this amount, 2650 BTC will be distributed to pay for loans for prior expenses. Individuals who have contributed loans to the project will receive repayment in BTC directly; “we” will not be selling any portion of this 2650 BTC on exchanges ourselves, although individuals may choose to independently convert the BTC that they receive into fiat after the fact. Individuals also have the choice of taking the repayment in ether; in those cases, we will simply not send the BTC, and once all repayments have been processed we will publish all of the additional ETH that has been sold in this way (note that this is equivalent to sending individuals their BTC and letting the recipients send it right back into the exodus). The remaining 1500 BTC will be sent to a wallet controlled by ĐΞV, our development arm, and will be used to establish our sites in Berlin and Amsterdam and begin hiring developers; some of this amount may be converted into EUR, GBP or CHF (eg. to pay for rent), and the remainder will be held as BTC.
legendary
Activity: 1414
Merit: 1000

Wow, that's a lot of BTC people put in. Never understood why I should buy Ether, myself. Any thoughts on whether this 25k+ BTC might have a negative impact on BTC/USD?

I think only negative impact on ETH stockholders.
hero member
Activity: 686
Merit: 500

25,258.21172894 BTC is at "Exodus address".


https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2


 ... seems like, people love to throw out money. :-)

One of the most amazing things I've ever seen.

What is so amazing?  They sold a bunch of Ethereum, and then they are cashing out in increments in order to pay for some "business expenses."   Are the amounts off or what?

The fact that people have already donated 25K+ btc to Etherium and when/if it launches the market is going to crash.

Meanwhile, Ether is inflationary and its market concepts work to lessen the value of Ether over time as well.

Its a horrible horrible investment. Horrible.

And yet countless people are throwing their money away at it.

Wow, that's a lot of BTC people put in. Never understood why I should buy Ether, myself. Any thoughts on whether this 25k+ BTC might have a negative impact on BTC/USD?
legendary
Activity: 2156
Merit: 1070

25,258.21172894 BTC is at "Exodus address".


https://blockchain.info/address/36PrZ1KHYMpqSyAQXSG8VwbUiq2EogxLo2


 ... seems like, people love to throw out money. :-)

One of the most amazing things I've ever seen.

What is so amazing?  They sold a bunch of Ethereum, and then they are cashing out in increments in order to pay for some "business expenses."   Are the amounts off or what?

The fact that people have already donated 25K+ btc to Etherium and when/if it launches the market is going to crash.

Meanwhile, Ether is inflationary and its market concepts work to lessen the value of Ether over time as well.

Its a horrible horrible investment. Horrible.

And yet countless people are throwing their money away at it.
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