Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30740.

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: vpk on December 23, 2013, 05:51:16 PM

Investor is just a nicer name for a speculator. Whats the real difference, both are in it to make as much money as possible?

An investor is someone that buys some asset because the current price is sufficiently lower than the value.

A speculator buys things (anything) because he believes there is sufficient chance he can sell it to someone else for more. Value is not a factor at all.

pera

sr. member

Activity: 532

Merit: 261

バカ

Quote from: granathus on December 23, 2013, 05:49:10 PM

Quote from: pera on December 23, 2013, 05:44:33 PM

next top 800
next bottom 300
consolidation @ 500

Plausible.

Just like:

next top 700
next bottom 450
Fast climb to 1000

I don't think we are going to see 450 as a bottom again anymore, imo there are only two possibilities: 500 or 300
Kiss

wachtwoord

legendary

Activity: 2324

Merit: 1125

Quote from: Rampion on December 23, 2013, 05:39:19 PM

Mmmmm... I was thinking on $100k?

Cheesy

$10k-$100k

Quote from: TERA on December 23, 2013, 05:42:58 PM

Were way above the exponential trend too.

We are, but remember there is no law stating we need to stick to the exponential trend. Many exponential trends exists that are steeper so we wouldn't need to have gone super-exponential even.

vpk

newbie

Activity: 10

Merit: 0

Quote from: TERA on December 23, 2013, 05:34:40 PM

I would love to see a bunch of coins dumped like that and see the market return to a fair price fueled by investor demand rather than speculation and games. If I could get a rock solid price like that which I could feel completely safe with, then I would hold my coins in codl storage and take a break from the exchanges and the charts.

Investor is just a nicer name for a speculator. Whats the real difference, both are in it to make as much money as possible?

I doubt anybody comes to bitcoin just to earn a nice 6-8% on their money annually?

alexeft

legendary

Activity: 854

Merit: 1000

Quote from: Rampion on December 23, 2013, 05:39:19 PM

Quote from: adamstgBit on December 23, 2013, 05:37:57 PM

Quote from: Rampion on December 23, 2013, 05:35:21 PM

Quote from: TERA on December 23, 2013, 05:34:40 PM

I would love to see a bunch of coins dumped like that and see the market return to a fair price fueled by investor demand rather than speculation. If I could get a rock solid price like that which I could feel completely safe with, then I would hold my coins in codl storage and take a break from the exchanges and the charts.

What is a fair price?

anything less then 10,000$ Cheesy

Mmmmm... I was thinking on $100k?

Cheesy

I'm with you bro! Grin

granathus

full member

Activity: 294

Merit: 100

Quote from: pera on December 23, 2013, 05:44:33 PM

next top 800
next bottom 300
consolidation @ 500

Plausible.

Just like:

next top 700
next bottom 450
Fast climb to 1000

esse83

hero member

Activity: 545

Merit: 500

Quote from: pera on December 23, 2013, 05:44:33 PM

next top 800
next bottom 300
consolidation @ 500

next top 8000
next bottom 3000
consolidation @ 5000

Merry christmas

pera

sr. member

Activity: 532

Merit: 261

バカ

next top 800
next bottom 300
consolidation @ 500

Peter R

legendary

Activity: 1162

Merit: 1007

Quote from: ?? on ??

Quote from: BitChick on December 23, 2013, 05:24:51 PM

Quote from: ?? on ??

Quote from: macsga on December 23, 2013, 05:16:49 PM

LOL! Who IS this guy anyway? He seems like a straw man to me... Roll Eyes

http://nypost.com/2013/12/23/government-robbed-me-of-33m-in-bitcoins-silk-road-pirate/

wow, even though he is going to lose, the courts are going to have to make a ruling on it, and more or less claim that btc is property and thus give it all sorts of rights.

pretty cool for btc.

also he more or less admitting to running silk road must mean his case is extremely weak.

Will this force the US government to wait longer to do anything with all of that BTC? That could be good for Bitcoin's value too I would think. The longer they wait to sell is less coin on the market.

Yup, 173k BTC will severely impact the market. I'm still hoping they fuck up and lose the private key or make a faulty transaction (although that's unlikely). I think DPR's chances of getting it back are very slim.

What if instead of losing the private key, they "lose" the private key? The bitcoin experts helping them manage these coins must be tempted. I'm sure they could craft up a plausibly-deniable reason that the transaction got sent to the wrong address.

The icing on the cake would be if the courts ruled in DPRs favour, and the FBI not only had to give him back his coins, but they had to re-buy 170,000 BTC on the open market to replace those that were "lost." Yes, incredibly improbable, I know, but it's Christmas time, OK....

TERA

hero member

Activity: 728

Merit: 500

Quote from: Rampion on December 23, 2013, 05:35:21 PM

Quote from: TERA on December 23, 2013, 05:34:40 PM

I would love to see a bunch of coins dumped like that and see the market return to a fair price fueled by investor demand rather than speculation. If I could get a rock solid price like that which I could feel completely safe with, then I would hold my coins in codl storage and take a break from the exchanges and the charts.

What is a fair price?

I am not sure but wed find out when those coins are dumped and people have to put up real sums of money in order to support the price. Id like to see order books stacked up with giant walls on both sides like in the old gox days, and high volume. I still feel like were in sort of a low grade bubble (but not a hyper bubble) fueled by whales hoarding all the coins, and games with fake Chinese volume numbers and a perpetual motion machine involving bots and margin trading. Were way above the exponential trend too.

When people get scared about 1-3% of the coins entering the market causing mortal damage to the price then something is wrong.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: adamstgBit on December 23, 2013, 05:37:57 PM

Quote from: Rampion on December 23, 2013, 05:35:21 PM

Quote from: TERA on December 23, 2013, 05:34:40 PM

I would love to see a bunch of coins dumped like that and see the market return to a fair price fueled by investor demand rather than speculation. If I could get a rock solid price like that which I could feel completely safe with, then I would hold my coins in codl storage and take a break from the exchanges and the charts.

What is a fair price?

anything less then 10,000$ Cheesy

Mmmmm... I was thinking on $100k?

Cheesy

freethink2013

full member

Activity: 224

Merit: 100

I read some article earlier (probably that forbes one) but they've seized domains and intellectual property in the past so i don't see how bitcoin would be any different. Maybe it's just Ross wants to force the idea that bitcoin are a real store of value before he goes to jail for ages. Good on him.

adamstgBit

legendary

Activity: 1904

Merit: 1037

Trusted Bitcoiner

Quote from: Rampion on December 23, 2013, 05:35:21 PM

Quote from: TERA on December 23, 2013, 05:34:40 PM

I would love to see a bunch of coins dumped like that and see the market return to a fair price fueled by investor demand rather than speculation. If I could get a rock solid price like that which I could feel completely safe with, then I would hold my coins in codl storage and take a break from the exchanges and the charts.

What is a fair price?

anything less then 10,000$ Cheesy

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: esse83 on December 23, 2013, 05:36:00 PM

Quote from: ?? on ??

Quote from: macsga on December 23, 2013, 05:16:49 PM

LOL! Who IS this guy anyway? He seems like a straw man to me... Roll Eyes

http://nypost.com/2013/12/23/government-robbed-me-of-33m-in-bitcoins-silk-road-pirate/

wow, even though he is going to lose, the courts are going to have to make a ruling on it, and more or less claim that btc is property and thus give it all sorts of rights.

pretty cool for btc.

also he more or less admitting to running silk road must mean his case is extremely weak.

http://www.forbes.com/pictures/mhl45efgek/ross-ulbricht-3/

Yeah, his case is not looking solid.

I guess he is at least trying to recoup some money to be able to pay for top dollar lawyers.

He will fail and Bitcoin will get stronger in the process.

granathus

full member

Activity: 294

Merit: 100

Quote from: TERA on December 23, 2013, 05:34:40 PM

I would love to see a bunch of coins dumped like that and see the market return to a fair price fueled by investor demand rather than speculation. If I could get a rock solid price like that which I could feel completely safe with, then I would hold my coins in codl storage and take a break from the exchanges and the charts.

Yeah right.

esse83

hero member

Activity: 545

Merit: 500

Quote from: ?? on ??

Quote from: macsga on December 23, 2013, 05:16:49 PM

LOL! Who IS this guy anyway? He seems like a straw man to me... Roll Eyes

http://nypost.com/2013/12/23/government-robbed-me-of-33m-in-bitcoins-silk-road-pirate/

wow, even though he is going to lose, the courts are going to have to make a ruling on it, and more or less claim that btc is property and thus give it all sorts of rights.

pretty cool for btc.

also he more or less admitting to running silk road must mean his case is extremely weak.

http://www.forbes.com/pictures/mhl45efgek/ross-ulbricht-3/

Yeah, his case is not looking solid.

Rampion

legendary

Activity: 1148

Merit: 1018

Quote from: TERA on December 23, 2013, 05:34:40 PM

I would love to see a bunch of coins dumped like that and see the market return to a fair price fueled by investor demand rather than speculation. If I could get a rock solid price like that which I could feel completely safe with, then I would hold my coins in codl storage and take a break from the exchanges and the charts.

What is a fair price?

TERA

hero member

Activity: 728

Merit: 500

I would love to see a bunch of coins dumped like that and see the market return to a fair price fueled by investor demand rather than speculation and games. If I could get a rock solid price like that which I could feel completely safe with, then I would hold my coins in codl storage and take a break from the exchanges and the charts.

freethink2013

full member

Activity: 224

Merit: 100

Quote from: BitChick on December 23, 2013, 05:24:51 PM

Quote from: ?? on ??

Quote from: macsga on December 23, 2013, 05:16:49 PM

LOL! Who IS this guy anyway? He seems like a straw man to me... Roll Eyes

http://nypost.com/2013/12/23/government-robbed-me-of-33m-in-bitcoins-silk-road-pirate/

wow, even though he is going to lose, the courts are going to have to make a ruling on it, and more or less claim that btc is property and thus give it all sorts of rights.

pretty cool for btc.

also he more or less admitting to running silk road must mean his case is extremely weak.

Will this force the US government to wait longer to do anything with all of that BTC? That could be good for Bitcoin's value too I would think. The longer they wait to sell is less coin on the market.

They cannot sell until after the court case. They can seize assets but they can't sell them off before it's proven they are criminal assets.

macsga

legendary

Activity: 1484

Merit: 1002

Strange, yet attractive.

Quote from: ?? on ??

Quote from: macsga on December 23, 2013, 05:16:49 PM

LOL! Who IS this guy anyway? He seems like a straw man to me... Roll Eyes

http://nypost.com/2013/12/23/government-robbed-me-of-33m-in-bitcoins-silk-road-pirate/

wow, even though he is going to lose, the courts are going to have to make a ruling on it, and more or less claim that btc is property and thus give it all sorts of rights.

pretty cool for btc.

also he more or less admitting to running silk road must mean his case is extremely weak.

Yes, I think it's good too. I don't believe that he's gonna get away with it though. Maybe he cut a deal with them. Who knows? We'll see at the trial.

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