Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30454. (Read 26712930 times)
January 07, 2014, 08:02:35 PM
January 07, 2014, 08:01:43 PM
Wait where did the author get this information that the FBI is planning to sell the coins and how does the author know the personal opinion of the FBI?
author has a "source".
January 07, 2014, 08:01:05 PM
looks like we are snapping back.
We appear to be out of the 'danger zone.' Until the next big China news at least.
January 07, 2014, 08:00:47 PM
Wait where did the author get this information that the FBI is planning to sell the coins and how does the author know the personal opinion of the FBI?
January 07, 2014, 07:59:05 PM
"In related news, the millions of dollars in bitcoin seized by the FBI from Ross Ulbricht and the first Silk Road, currently stored in a set of online wallets, appears to be on the move. A source in the U.S. Justice Department said that “authorities” have access to the Ulbricht’s bitcoin cache and may be selling it off for less volatile currencies in the next few weeks."
"The reason for selling is that the Government has lost faith in the value of bitcoin and does not want to deal with the volatility of the currency,” the source said"
http://techcrunch.com/2014/01/07/the-silk-roads-libertas-is-free-to-the-annoyance-of-us-authorities/
"The reason for selling is that the Government has lost faith in the value of bitcoin and does not want to deal with the volatility of the currency,” the source said"
http://techcrunch.com/2014/01/07/the-silk-roads-libertas-is-free-to-the-annoyance-of-us-authorities/
lol it's funny that they lose faith in its value just as they've seen it go up in value ~10x since they got them just a few short months ago. i think it's nonsense.
January 07, 2014, 07:57:26 PM
looks like we are snapping back.
January 07, 2014, 07:53:47 PM
Hodling is stupid right now. Nothing but negative news on the horizon from China. Why wait until the end of the month?
LOL! i remember you shithole! you were stating the EXACT SAME BULLSHIT back in July at Bitcoin prices around 70$. "why not sell at 70$ when you know that 50$ will be reached?"
The SAME WORDING! LOL! Except of course the China part. Go f---- yourself.
Check my posts. I was one of the few screaming BUY BUY BUY last summer.
Lololol, check out his posts, I won't though. I do remember Walsoraj for two things 1. for being Jaroslaw's lover and 2. for screaming sell sell just before the autumn bull run- he sold all his coins at 95 and then the price flew up like Rocco Siffredi's erection.
January 07, 2014, 07:53:19 PM
bottom appears to be in, in china. the buying begins
Hope so
I think we're oversold right now
Its not even 9AM in China, I really doubt this is over.
FYI every crash is "oversold"
January 07, 2014, 07:52:24 PM
"In related news, the millions of dollars in bitcoin seized by the FBI from Ross Ulbricht and the first Silk Road, currently stored in a set of online wallets, appears to be on the move. A source in the U.S. Justice Department said that “authorities” have access to the Ulbricht’s bitcoin cache and may be selling it off for less volatile currencies in the next few weeks."
"The reason for selling is that the Government has lost faith in the value of bitcoin and does not want to deal with the volatility of the currency,” the source said"
http://techcrunch.com/2014/01/07/the-silk-roads-libertas-is-free-to-the-annoyance-of-us-authorities/
"The reason for selling is that the Government has lost faith in the value of bitcoin and does not want to deal with the volatility of the currency,” the source said"
http://techcrunch.com/2014/01/07/the-silk-roads-libertas-is-free-to-the-annoyance-of-us-authorities/
imho i don't believe US government would let go that easy.. good old poker face?
The DPR and Silk Road coins are not "on the move." The funds are sitting at https://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH and https://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX -- not a single satoshi has been withdrawn.
These coins will not be auctioned off before the trial concludes, and would not be sold at Gox or BitStamp. The wording of the statement "the reason for selling is that the Government has lost faith in the value of bitcoin and does not want to deal with the volatility of the currency" makes me suspicious of the credibility of the author's "source in the U.S. Justice Department." I wonder if Tech Crunch contributor John Biggs (author) has any relation to our fine forum contributor JohnyBigs: https://bitcointalksearch.org/topic/why-bitcoin-is-doomed-to-fail-and-theres-nothing-you-can-do-about-it-372303.
January 07, 2014, 07:51:53 PM
Why has the FBI lost faith in the value of bitcoin? Perhaps they have acquired non-public info about price manipulation and plan on taking down some of the exchanges....
*edit*
"lost" implies the FBI did consider it valuable at some point. Again, what caused them to lose faith.... interesting...
*edit*
"lost" implies the FBI did consider it valuable at some point. Again, what caused them to lose faith.... interesting...
Keep trying...
January 07, 2014, 07:51:31 PM
is there any line left that could mean some resistance before the bottom?
January 07, 2014, 07:51:21 PM
It surprises me that no one see's the obvious. Large manipulators wait for negative PR and then take the opportunity to start the drop, knowing that people will attribute it to the news and panic.
Holding is not because you're sticking with your internet friends, its because by and large individual amateur investors are going to have a really hard time timing the market properly and not losing money. You will lose less if you just step away and stop thinking about it. It's either going to be worth millions or nothing at all. You joined up for this ride, so don't quit your day job.
And please, stop complaining.
Holding is not because you're sticking with your internet friends, its because by and large individual amateur investors are going to have a really hard time timing the market properly and not losing money. You will lose less if you just step away and stop thinking about it. It's either going to be worth millions or nothing at all. You joined up for this ride, so don't quit your day job.
And please, stop complaining.
This.
I don't think many people here realise what it means now these Wall St. sharks are circling and amongst us ... they'll be picking you off one at a time like the ripe fat whales you are.
I've been watching/trading the Gold market for 18 years and you guys have no fucking clue what's coming ... it's not going to be pretty.
From here on out, either you're in bitcoin for the long haul and the protection of assets it provides or you're gonna lose most everything .... especially if you think you can out trade these guys with their trading algorithms, bots, deep pockets and propaganda machine ... they'll out psyche you every time and then take your money when you are beat ...
You've been warned. Get real or get out now.
I like to think that when I trade its to help stabilize the market to find the true value, and the market rewards me
January 07, 2014, 07:50:18 PM
bottom appears to be in, in china. the buying begins
Hope so
I think we're oversold right now
January 07, 2014, 07:49:14 PM
Hodling is stupid right now. Nothing but negative news on the horizon from China. Why wait until the end of the month?
LOL! i remember you shithole! you were stating the EXACT SAME BULLSHIT back in July at Bitcoin prices around 70$. "why not sell at 70$ when you know that 50$ will be reached?"
The SAME WORDING! LOL! Except of course the China part. Go f---- yourself.
Check my posts. I was one of the few screaming BUY BUY BUY last summer.
i remember your exact wording, your name and your dumb avatar. and YOU KNOW IT.
Just stick him on ignore like the rest of us. Same goes for TheCoinBull after the last few days.
January 07, 2014, 07:47:55 PM
"In related news, the millions of dollars in bitcoin seized by the FBI from Ross Ulbricht and the first Silk Road, currently stored in a set of online wallets, appears to be on the move. A source in the U.S. Justice Department said that “authorities” have access to the Ulbricht’s bitcoin cache and may be selling it off for less volatile currencies in the next few weeks."
"The reason for selling is that the Government has lost faith in the value of bitcoin and does not want to deal with the volatility of the currency,” the source said"
http://techcrunch.com/2014/01/07/the-silk-roads-libertas-is-free-to-the-annoyance-of-us-authorities/
"The reason for selling is that the Government has lost faith in the value of bitcoin and does not want to deal with the volatility of the currency,” the source said"
http://techcrunch.com/2014/01/07/the-silk-roads-libertas-is-free-to-the-annoyance-of-us-authorities/
Fascinating. Can they legally do that before he has a trial?
Absolutely not. It's "evidence" if they even have it. I'm sure he has it spread across many wallets, paper and otherwise.
January 07, 2014, 07:47:37 PM
Well I am glad they are selling. NO WAY these go to an exchange when we have Second Market and Fortress acquiring coins.
January 07, 2014, 07:47:01 PM
Why has the FBI lost faith in the value of bitcoin? Perhaps they have acquired non-public info about price manipulation and plan on taking down some of the exchanges....
*edit*
"lost" implies the FBI did consider it valuable at some point. Again, what caused them to lose faith.... interesting...
*edit*
"lost" implies the FBI did consider it valuable at some point. Again, what caused them to lose faith.... interesting...
January 07, 2014, 07:46:39 PM
They're smart to liquidate those Ulbricht bitcoins for USD instead. They should do it on MtGox, cuz that's where the liquidity is.
They could sell all his coins, then if he is found not guilty (slim chance) they could buy back all the coins for way way cheaper than they sold and keep the rest of the cash lol
it looks like he's making a plea bargain
January 07, 2014, 07:46:37 PM
They're smart to liquidate those Ulbricht bitcoins for USD instead. They should do it on MtGox, cuz that's where the liquidity is.
A once in a lifetime sale. It almost makes me want to wire some money to exchanges... just in case.
January 07, 2014, 07:44:41 PM
They're smart to liquidate those Ulbricht bitcoins for USD instead. They should do it on MtGox, cuz that's where the liquidity is.
They could sell all his coins, then if he is found not guilty (slim chance) they could buy back all the coins for way way cheaper than they sold and keep the rest of the cash lol
Jump to: