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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 28015. (Read 26712942 times)

hero member
Activity: 910
Merit: 1003
"In addition to that, federal agents are asking to keep the $3,030,000-worth of Bitcoins that the government collected from Slomp, and which have already been converted into cash."
It would be interesting to know how and when the conversion was made.  (Presumably that happened after November/2013, so it would be about 3'000 -- 6'000 bitcoins.)
 
Posters in other threads who seem to be well-informed claim that Ulrich's bitcoins will surely be sold through public auctions, which is what the government must do with seized goods.  But it seems unlikely that they auctioned Stomp's coins, that would have been noted and widely reported.

Perhaps the federal agents considered bitcoin a currency, not goods, at the time?  Perhaps the coins had already been converted to cash by Stomp or "J" when they were arrested?
legendary
Activity: 2156
Merit: 1070
In 2014-3-30, the exponential trendline model gave a buy signal at $460 and the price has been unable to go below it for any extended time even after 4 weeks.

In 2013-11-23 it gave a sell signal at $872 (SlipperySlope's 0.40 confidence) or 2013-11-28 at $1,056 (my 0.45 confidence). It was also unable to stay above it for any extended time.

What odds do you want? As I would be betting to win less valuable coin, you shouldn't get much better than 50%.

I think you will offer an unreasonable bet so that you don't have to make one at all.

But let me know.

Unreasonable? It's $30 to the trigger line (was $20 when I first called it). Are you willing to give 1:1 odds to me that price will hit $495 some point in the future? Of course not, you would not take that even at 10:1. So don't expect the same of me.



Lol. You didn't even make an offer. Why am I not surprised?

Since you are too chicken s*** Wink to make a bet, here's one for you.

Bet $50k with of btc
Duration 30 days

If we hit 435 on Stamp and don't hit 500 I win.
If we hit 500 and not 435 you win
If we hit both or neither its a draw. And we both donate $1000 worth of btc each to charity.
legendary
Activity: 2156
Merit: 1070
In 2014-3-30, the exponential trendline model gave a buy signal at $460 and the price has been unable to go below it for any extended time even after 4 weeks.

In 2013-11-23 it gave a sell signal at $872 (SlipperySlope's 0.40 confidence) or 2013-11-28 at $1,056 (my 0.45 confidence). It was also unable to stay above it for any extended time.

What odds do you want? As I would be betting to win less valuable coin, you shouldn't get much better than 50%.

I think you will offer an unreasonable bet so that you don't have to make one at all.

But let me know.

Unreasonable? It's $30 to the trigger line (was $20 when I first called it). Are you willing to give 1:1 odds to me that price will hit $495 some point in the future? Of course not, you would not take that even at 10:1. So don't expect the same of me.



Lol. You didn't even make an offer. Why am I not surprised?
newbie
Activity: 33
Merit: 0
In our runup to $5,000, about $6 billion of fresh money need to be invested.
How did you calculate that?
donator
Activity: 1722
Merit: 1036
In 2014-3-30, the exponential trendline model gave a buy signal at $460 and the price has been unable to go below it for any extended time even after 4 weeks.

In 2013-11-23 it gave a sell signal at $872 (SlipperySlope's 0.40 confidence) or 2013-11-28 at $1,056 (my 0.45 confidence). It was also unable to stay above it for any extended time.

What odds do you want? As I would be betting to win less valuable coin, you shouldn't get much better than 50%.

I think you will offer an unreasonable bet so that you don't have to make one at all.

But let me know.

Unreasonable? It's $30 to the trigger line (was $20 when I first called it). Are you willing to give 1:1 odds to me that price will hit $495 some point in the future? Of course not, you would not take that even at 10:1. So don't expect the same of me.

hero member
Activity: 686
Merit: 500
Ultranode
Could be foreigners removing bitcoin from exchanges because they do not have chinese bank accounts. Once this process is complete, buying pressure will rapidly decline and double single digit coins become a real possibility.
legendary
Activity: 2212
Merit: 1199
sr. member
Activity: 406
Merit: 250
Huobi is dead and the same as MtGox.
sr. member
Activity: 434
Merit: 250
Bitstamp  pumping. Dump incoming!
hero member
Activity: 798
Merit: 1000
Pump mode engaged ?

Edit: Same weird walls as yesterday put it above market price then pulled after a few people buy infront
hero member
Activity: 614
Merit: 500
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
If you are unsure whether Bitcoin receives this "financing round" or not, just take confidence in the fact that everyone in the world can participate, there are no minimums, no maximums, no lock-in periods, and the "company" has no burn rate and its economy becomes better even while waiting for the capital injection.
Isn't there is some sort of 'burn rate' as capital get's reallocated to miners and mining companies?
I wouldn't call it a "burn rate", it's not like bitcoin is going to go bankrupt at any time.
legendary
Activity: 2156
Merit: 1070
In 2014-3-30, the exponential trendline model gave a buy signal at $460 and the price has been unable to go below it for any extended time even after 4 weeks.

In 2013-11-23 it gave a sell signal at $872 (SlipperySlope's 0.40 confidence) or 2013-11-28 at $1,056 (my 0.45 confidence). It was also unable to stay above it for any extended time.

What odds do you want? As I would be betting to win less valuable coin, you shouldn't get much better than 50%.

I think you will offer an unreasonable bet so that you don't have to make one at all.

But let me know.
donator
Activity: 1722
Merit: 1036
Isn't there is some sort of 'burn rate' as capital get's reallocated to miners and mining companies?

Good point.
sr. member
Activity: 308
Merit: 250
Why are we following a dying exchange? Why did we do that with Gox and now with Huobi? Once Huobi is gone will we start looking for another clusterfuck exchange so we can follow it?

Good point.
legendary
Activity: 2324
Merit: 1125
Not denying that. I just have the feeling the market wants to go up but gets stopped because this shit every time.

Perhaps it does, but that is only possible because there is so little determination with the buyers. As long as they wait, the price stays low. When they start to pre-empt each other, it rises. It may (and likely will) take months before it happens. The bottom, however, is established here, it is not $200. Every week brings more certainty to that.

With $100 million of new money who are not satisfied with anything else but Bitcoins, the market would be $100 or so higher.

With $1 billion, we would be nearing ATH.

In our runup to $5,000, about $6 billion of fresh money need to be invested. None of us has this money. It is the new generation.

If you are unsure whether Bitcoin receives this "financing round" or not, just take confidence in the fact that everyone in the world can participate, there are no minimums, no maximums, no lock-in periods, and the "company" has no burn rate and its economy becomes better even while waiting for the capital injection.



Isn't there is some sort of 'burn rate' as capital get's reallocated to miners and mining companies?
hero member
Activity: 672
Merit: 500
looks like huobi started a pump again.

Guess what comes after the pump.
hero member
Activity: 672
Merit: 500
Why are we following a dying exchange? Why did we do that with Gox and now with Huobi? Once Huobi is gone will we start looking for another clusterfuck exchange so we can follow it?
sr. member
Activity: 308
Merit: 250
looks like huobi started a pump again.
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