Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29021.

JayJuanGee

legendary

Activity: 3920

Merit: 11299

Self-Custody is a right. Say no to"Non-custodial"

Quote from: UnDerDoG81 on March 04, 2014, 08:35:34 AM

Quote from: ChrisML on March 04, 2014, 08:27:14 AM

Jesus, you guys talk about BTC in amounts I can only dream of Tongue

Ofcourse it would be much more profitable with 60btc than with 12..

Guess I'll just have to wait till BTC hits $2000 Wink

I started with 17 coins in april 2013

Just seen the potential of BTC too late. I Invested 60k now. So Almost all I got Cheesy

If you started with 17 BTC in April, and then you invested an additional 60k at $700 per BTC, that would put you at 103 BTC. That is 17 + 86 = 103 BTC. I feel so small potatoes with only 36 BTC

Solarstorm75

member

Activity: 70

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Quote from: Vigil on March 04, 2014, 10:33:10 AM

Quote from: JorgeStolfi on March 04, 2014, 10:30:54 AM

So it seems that the rally was antecipation for the Bloomberg thing, then?

And Bloomberg doesn't seem to be saying a peep about it.

https://twitter.com/ErikSchatzker/status/440852040932003840

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: KeyserSoze on March 04, 2014, 10:36:30 AM

Quote from: rpietila on March 04, 2014, 10:09:56 AM

The biggest market mover is the people who thought they had bitcoins in Mt.Gox. When they replace (which I believe is going on), the price can rise a lot. We are talking about 100,000s of coins of extra demand.

This is why you can rest assured there is no 21 million Bitcoin cap on BTC. People buy; the coins get stolen from them and dumped in the market for the victims to rebuy ad infinitum.

What? No.

KeyserSoze

hero member

Activity: 560

Merit: 500

Quote from: rpietila on March 04, 2014, 10:09:56 AM

The biggest market mover is the people who thought they had bitcoins in Mt.Gox. When they replace (which I believe is going on), the price can rise a lot. We are talking about 100,000s of coins of extra demand.

This is why you can rest assured there is no 21 million Bitcoin cap on BTC. People buy; the coins get stolen from them and dumped in the market for the victims to rebuy ad infinitum.

Vigil

sr. member

Activity: 378

Merit: 250

This is what I was talking about.

http://www.reddit.com/r/BitcoinMarkets/comments/1z2xo5/speculation_the_us_government_has_control_of_goxs/

kkaspar

full member

Activity: 140

Merit: 100

banned but not broken

Quote from: JorgeStolfi on March 04, 2014, 10:28:07 AM

Quote from: TooDumbForBitcoin on March 04, 2014, 09:25:57 AM

but war profiteering is not honorable.

Taking money from ignorant people by lying to them is not honorable either.

But then, what is "honorable" about bitcoin?

Bt the wy, have you all read about this earlier event in Bitcoin Foundation Founding Father Karpelès business career?
http://www.cryptocoinsnews.com/2014/03/03/exclusive-tibanne-co-ltd-sentenced-2013-mark-karpeless-lies-new/

but..but..but bitcoin is sent by god! and it solves all the financial problems and defeats all the evil banksters that have been (probably) sent by Lucifer himself. All the bitcoin enthusiasts are not interested in getting rich at the expense of others! all the people in the bitcoin comunity are highly educated benevolent economistz who bring freedomz to da people.

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: FTWbitcoinFTW on March 04, 2014, 10:29:10 AM

Occam's razor

A leak in a cold wallet for 2 years or SR shitstorm hitting gox and DHS involved.

Not difficult to understand why they would confis all private key : huge amount of btc from SR was on MtGox and they didn't take the risk. Bitcoin is sooo easy to move in a blink of eye !

Well, there is this too:
http://www.reddit.com/r/Bitcoin/comments/1z8vaq/crowd_detectives_reveal_mt_gox_bitcoin_heist_as/?sort=confidence

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: JorgeStolfi on March 04, 2014, 10:30:54 AM

So it seems that the rally was antecipation for the Bloomberg thing, then?

And Bloomberg doesn't seem to be saying a peep about it.

JorgeStolfi

hero member

Activity: 910

Merit: 1003

So it seems that the rally was antecipation for the Bloomberg thing, then?

FTWbitcoinFTW

sr. member

Activity: 476

Merit: 250

Quote from: ShroomsKit_Disgrace on March 04, 2014, 10:24:43 AM

Quote from: Vigil on March 04, 2014, 10:21:58 AM

Quote from: kkaspar on March 04, 2014, 10:20:49 AM

If it won't turn out that BTC-E goxed my coins, then it seems that they actually did me a favor for stopping me from buying in

And Gox may still have many of the coins - rumor is that the gooberment confiscated them.

LOL, how do you state such a BIG FACT (or rumor) in such a "small" way??

Occam's razor

A leak in a cold wallet for 2 years or SR shitstorm hitting gox and DHS involved.

Not difficult to understand why they would confis all privates keys : huge amount of btc from SR was on MtGox and they didn't take the risk. Bitcoin is sooo easy to move in a blink of eye !

JorgeStolfi

hero member

Activity: 910

Merit: 1003

Quote from: TooDumbForBitcoin on March 04, 2014, 09:25:57 AM

but war profiteering is not honorable.

Taking money from ignorant people by lying to them is not honorable either.

But then, what is "honorable" about bitcoin?

Bt the wy, have you all read about this earlier event in Bitcoin Foundation Founding Father Karpelès business career?
http://www.cryptocoinsnews.com/2014/03/03/exclusive-tibanne-co-ltd-sentenced-2013-mark-karpeless-lies-new/

mellowyellow

member

Activity: 112

Merit: 10

Quote from: rpietila on March 04, 2014, 10:09:56 AM

Quote from: joburgtaxi on March 04, 2014, 09:41:47 AM

Rpietila, I am keen to hear what your predictions are for the next week or so ?

I cannot predict such short timespans.

The biggest market mover is the people who thought they had bitcoins in Mt.Gox. When they replace (which I believe is going on), the price can rise a lot. We are talking about 100,000s of coins of extra demand.

This is the key to the short term market and people ignore it. The majority of traders had their funds on Gox, a lot got out, we don't know exactly how many, but looking at the order book in the last few days, not that many.

These people are not going to give up bitcoin, or be happy with the handful of alts they have. They are entrenched in the bitcoin dream and trading is a way of life. Right now they will be securing loans, raiding savings accounts and that fiat is on it's way to an exchange right now.

It takes a few days to be verified at Stamp, then 2-3 more days for your funds to arrive in your account, we're on the brink. All we need is a few mini whales who NEED their bitcoin with only a limited amount available at the exchanges and ..... supply and demand.

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: ShroomsKit_Disgrace on March 04, 2014, 10:24:43 AM

Quote from: Vigil on March 04, 2014, 10:21:58 AM

Quote from: kkaspar on March 04, 2014, 10:20:49 AM

If it won't turn out that BTC-E goxed my coins, then it seems that they actually did me a favor for stopping me from buying in

And Gox may still have many of the coins - rumor is that the gooberment confiscated them.

LOL, how do you state such a BIG FACT (or rumor) in such a "small" way??

Is it a fact? I didn't want to make too big of a deal out of it. I've heard that Karpeles & Co. may be under a gag order. Not to make excuses for the problems Gox had.

ShroomsKit_Disgrace

legendary

Activity: 952

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Yeah! I hate ShroomsKit!

Quote from: Vigil on March 04, 2014, 10:21:58 AM

Quote from: kkaspar on March 04, 2014, 10:20:49 AM

If it won't turn out that BTC-E goxed my coins, then it seems that they actually did me a favor for stopping me from buying in

And Gox may still have many of the coins - rumor is that the gooberment confiscated them.

LOL, how do you state such a BIG FACT (or rumor) in such a "small" way??

ChrisML

sr. member

Activity: 308

Merit: 250

Curious what shit does when Bloomberg news comes out.

Vigil

sr. member

Activity: 378

Merit: 250

Quote from: kkaspar on March 04, 2014, 10:20:49 AM

If it won't turn out that BTC-E goxed my coins, then it seems that they actually did me a favor for stopping me from buying in

And Gox may still have many of the coins - rumor is that the gooberment confiscated them.

seleme

legendary

Activity: 2772

Merit: 1028

Duelbits.com

kkaspar

full member

Activity: 140

Merit: 100

banned but not broken

If it won't turn out that BTC-E goxed my coins, then it seems that they actually did me a favor for stopping me from buying LTC

kkaspar

full member

Activity: 140

Merit: 100

banned but not broken

Quote from: knarzo on March 04, 2014, 10:09:27 AM

Quote from: kkaspar on March 04, 2014, 09:59:50 AM

Quote from: knarzo on March 04, 2014, 09:54:44 AM

Quote from: kkaspar on March 04, 2014, 09:51:34 AM

Quote from: Erdogan on March 04, 2014, 09:12:31 AM

When I started, somebody else had all the bitcoins, including the unmined, which I didn't plan to find myself.

It is no lottery, you are uninformed.

If everybody else are stupid, I loose. I bet they are not.

If everything play out as I expect, there are only winners, including the non-users.

You are free to make your own choice, but when you want to blame others for that, don't expect me to listen to you.

For an digital currency that is used for drug trade to get into the field of legal finance is a lottery. Most of the people here have absolutely no idea about finance and maybe that's the reason why it doesn't seem like a lottery to them.
I'm not blaming anyone here, I was just making fun of the absurdity of bitcoins coin supply and you seemed to take offense. Don't be so touchy if you want to look confident about this subject.

You're are pretty butthurt, hm? Anything else than drugs, childporn, launder, etc to offer? For sure not

Edit: Are you the guy from the NY hearings? "It has to walk and talk like banksters!!" Cheesy

I must say that it's a little hard to combine thoughts from the words that you wrote... are you drunk or something?

Seldom since i don't like the disruptive effects ethanol brings. And sorry I was just making fun of the absurdity that you bring the same BS again and again. Believe whatever you got told to believe and have fun Wink

Yes, it's such a BS. It isn't absurd at all that half of the coins will come out in 5 years and the rest in the next 120 years or so. It genius! Divine even! If all the monetary systems in the world would work like this, then we would have freedom and liberty from these damn evil banksters! There wouldn't be problems with unfair wealth distribution and incompetent leadership if bitcoin ruled!!

7thKingdom

member

Activity: 107

Merit: 10

Quote from: dreamspark on March 04, 2014, 10:10:36 AM

700 wall is growing. The rest of the markets are pushing stamp right up against it but it doesnt look like we're going to break through in the immediate future.

until it disappears out of the blue

Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29021. (Read 26609741 times)