Wow. Bitcoinity.org switched to mBTC as default!
RPietila will like that, he's so bullish that he's been using mBTC all alongEdit: How do you make these images smaller when you repost them?
Edit: Got it!
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 31429. (Read 26707046 times)
December 03, 2013, 09:05:11 PM
Edit: How do you make these images smaller when you repost them?
Edit: Got it!
December 03, 2013, 09:04:20 PM
Wow. Bitcoinity.org switched to mBTC as default!
bullish as fuck!!!!!!!!!!!!!
December 03, 2013, 09:02:28 PM
December 03, 2013, 08:58:57 PM
On which exchange? I've got a theory about the sheep theft and recent shutdown notice of mcxNOW.
BTC-e of course.
December 03, 2013, 08:58:17 PM
Wow. Bitcoinity.org switched to mBTC as default!
That looks cool, here we go....!!!
December 03, 2013, 08:57:26 PM
Idk, the more I think of it, the more ways I find to launder it. And even so, he could and probably will opt not to do it now and just take little more handle-able chunks for the rest of his lifetime.
His real problem imho are the drug and mob lords probably chasing him for the rest of his life as well. I'm just guessing but there's probably some cartel money in there..
His real problem imho are the drug and mob lords probably chasing him for the rest of his life as well. I'm just guessing but there's probably some cartel money in there..
There's no chance he'd sell them for fiat anytime soon. He'd be busted in no time. That's why I am saying he would do it with alts, he won't be able to hide it with bitcoins only, specially not on the way he is doing it at the moment. He needs to mix the heck out of them with alts and save 20% of them, it will still make him rich and he'll be able to sell them off the exchanges more easily.
There is no reason for him to even bother moving them at all for awhile. Since the coins/address is known, he can just lie low and not touch the address for years until something comes along that allows for complete history removal (such as zerocoin).
I personally think this is a fasinating situation. Bitcoin only provides pseudo anomyity, and there is a public ledger stored forever for people to analyze. Whenever he does finally try to access the coins there will research papers written on how to trace and track them, either through the ledger, IP tracking, etc. It will be fasinating to see if he is able to find a free and clear exit somehow, or if the coins become stuck. If they become stuck then it proves bitcoin is not anonymous. At the same time it shows how secure Bitcoin is, here is an address that is known to contain $100M in stolen funds, yet no one even governments can touch it.
December 03, 2013, 08:56:08 PM
Wow. Bitcoinity.org switched to mBTC as default!
bullish as fuck!!!!!!!!!!!!!
December 03, 2013, 08:55:54 PM
If I'd be Sheepmarket 96k guy I'd try to launder those coins through altcoins.
What I would do is pump the heck out of 10 or so alts. Bring LTC to 150$, PPC, XPM, NMC to 50$, WDC, DGC, MEC, PTS to 20-30$... use dozens of accounts on several exchanges to buy, sell, deposit, withdraw many times...
He'll never be able to hide those 96k BTC but mixing the heck of them with alts he could probably save 20-30% of them and that's still 20-30 millions. And it would be much more probably as those epic pumps would bring more and more attention to crypto currency and not only btc wouldn't plummet like it would if he'd start selling it, it would skyrocket with new attention and he'd have much cleaner coins.
What I would do is pump the heck out of 10 or so alts. Bring LTC to 150$, PPC, XPM, NMC to 50$, WDC, DGC, MEC, PTS to 20-30$... use dozens of accounts on several exchanges to buy, sell, deposit, withdraw many times...
He'll never be able to hide those 96k BTC but mixing the heck of them with alts he could probably save 20-30% of them and that's still 20-30 millions. And it would be much more probably as those epic pumps would bring more and more attention to crypto currency and not only btc wouldn't plummet like it would if he'd start selling it, it would skyrocket with new attention and he'd have much cleaner coins.
Idk, the more I think of it, the more ways I find to launder it. And even so, he could and probably will opt not to do it now and just take little more handle-able chunks for the rest of his lifetime.
His real problem imho are the drug and mob lords probably chasing him for the rest of his life as well. I'm just guessing but there's probably some cartel money in there..
EDIT: btw 4k are already missing and shitload of LTC and NMC got bought today, prolly just a coincidence though
.On which exchange? I've got a theory about the sheep theft and recent shutdown notice of mcxNOW.
December 03, 2013, 08:50:54 PM
Wow. Bitcoinity.org switched to mBTC as default!
December 03, 2013, 08:48:31 PM
If I'd be Sheepmarket 96k guy I'd try to launder those coins through altcoins.
What I would do is pump the heck out of 10 or so alts. Bring LTC to 150$, PPC, XPM, NMC to 50$, WDC, DGC, MEC, PTS to 20-30$... use dozens of accounts on several exchanges to buy, sell, deposit, withdraw many times...
He'll never be able to hide those 96k BTC but mixing the heck of them with alts he could probably save 20-30% of them and that's still 20-30 millions. And it would be much more probably as those epic pumps would bring more and more attention to crypto currency and not only btc wouldn't plummet like it would if he'd start selling it, it would skyrocket with new attention and he'd have much cleaner coins.
What I would do is pump the heck out of 10 or so alts. Bring LTC to 150$, PPC, XPM, NMC to 50$, WDC, DGC, MEC, PTS to 20-30$... use dozens of accounts on several exchanges to buy, sell, deposit, withdraw many times...
He'll never be able to hide those 96k BTC but mixing the heck of them with alts he could probably save 20-30% of them and that's still 20-30 millions. And it would be much more probably as those epic pumps would bring more and more attention to crypto currency and not only btc wouldn't plummet like it would if he'd start selling it, it would skyrocket with new attention and he'd have much cleaner coins.
Idk, the more I think of it, the more ways I find to launder it. And even so, he could and probably will opt not to do it now and just take little more handle-able chunks for the rest of his lifetime.
His real problem imho are the drug and mob lords probably chasing him for the rest of his life as well. I'm just guessing but there's probably some cartel money in there..
There's no chance he'd sell them for fiat anytime soon. He'd be busted in no time. That's why I am saying he would do it with alts, he won't be able to hide it with bitcoins only, specially not on the way he is doing it at the moment. He needs to mix the heck out of them with alts and save 20% of them, it will still make him rich and he'll be able to sell them off the exchanges more easily.
December 03, 2013, 08:42:12 PM
If I'd be Sheepmarket 96k guy I'd try to launder those coins through altcoins.
What I would do is pump the heck out of 10 or so alts. Bring LTC to 150$, PPC, XPM, NMC to 50$, WDC, DGC, MEC, PTS to 20-30$... use dozens of accounts on several exchanges to buy, sell, deposit, withdraw many times...
He'll never be able to hide those 96k BTC but mixing the heck of them with alts he could probably save 20-30% of them and that's still 20-30 millions. And it would be much more probably as those epic pumps would bring more and more attention to crypto currency and not only btc wouldn't plummet like it would if he'd start selling it, it would skyrocket with new attention and he'd have much cleaner coins.
What I would do is pump the heck out of 10 or so alts. Bring LTC to 150$, PPC, XPM, NMC to 50$, WDC, DGC, MEC, PTS to 20-30$... use dozens of accounts on several exchanges to buy, sell, deposit, withdraw many times...
He'll never be able to hide those 96k BTC but mixing the heck of them with alts he could probably save 20-30% of them and that's still 20-30 millions. And it would be much more probably as those epic pumps would bring more and more attention to crypto currency and not only btc wouldn't plummet like it would if he'd start selling it, it would skyrocket with new attention and he'd have much cleaner coins.
Idk, the more I think of it, the more ways I find to launder it. And even so, he could and probably will opt not to do it now and just take little more handle-able chunks for the rest of his lifetime.
His real problem imho are the drug and mob lords probably chasing him for the rest of his life as well. I'm just guessing but there's probably some cartel money in there..
EDIT: btw 4k are already missing and shitload of LTC and NMC got bought today, prolly just a coincidence though
. December 03, 2013, 08:39:58 PM
1d chart at Moody looking much like the infamous bubble pic. We on the second, lessor hump. I'm ready for a slide.
I have psychologically prepared myself for 30,000$ bitcoins, you should do the same.
fuck 3K, 3K is BS, 30K here we come!
December 03, 2013, 08:23:32 PM
If I'd be Sheepmarket 96k guy I'd try to launder those coins through altcoins.
What I would do is pump the heck out of 10 or so alts. Bring LTC to 150$, PPC, XPM, NMC to 50$, WDC, DGC, MEC, PTS to 20-30$... use dozens of accounts on several exchanges to buy, sell, deposit, withdraw many times...
He'll never be able to hide those 96k BTC but mixing the heck of them with alts he could probably save 20-30% of them and that's still 20-30 millions. And it would be much more probably as those epic pumps would bring more and more attention to crypto currency and not only btc wouldn't plummet like it would if he'd start selling it, it would skyrocket with new attention and he'd have much cleaner coins.
What I would do is pump the heck out of 10 or so alts. Bring LTC to 150$, PPC, XPM, NMC to 50$, WDC, DGC, MEC, PTS to 20-30$... use dozens of accounts on several exchanges to buy, sell, deposit, withdraw many times...
He'll never be able to hide those 96k BTC but mixing the heck of them with alts he could probably save 20-30% of them and that's still 20-30 millions. And it would be much more probably as those epic pumps would bring more and more attention to crypto currency and not only btc wouldn't plummet like it would if he'd start selling it, it would skyrocket with new attention and he'd have much cleaner coins.
December 03, 2013, 08:20:21 PM
He's always ready for a slide. In fact, time for ignore I think. There's nothing useful out of him, just downramping.
That's a bit harsh.
I just wish he would've stayed in character.
Jaroslaw was the perma-bear, and Walsoraj was supposed to be his perma-bull nemesis.
Whatever happened to the other account? Did you lose it?
December 03, 2013, 08:08:02 PM
He's always ready for a slide. In fact, time for ignore I think. There's nothing useful out of him, just downramping.
I used to have him on ignore, but he is entertaining enough at times I took him off. The Schrodinger wall concept was great
December 03, 2013, 08:02:24 PM
December 03, 2013, 08:00:22 PM
He's always ready for a slide. In fact, time for ignore I think. There's nothing useful out of him, just downramping.
December 03, 2013, 07:57:36 PM
1d chart at Moody looking much like the infamous bubble pic. We on the second, lessor hump. I'm ready for a slide.
To single digits, right?
December 03, 2013, 07:53:26 PM
1d chart at Moody looking much like the infamous bubble pic. We on the second, lessor hump. I'm ready for a slide.
December 03, 2013, 07:52:36 PM
drug dealers and their websites are not to be trusted.
But were the owners of the site actually selling drugs themselves? This is more like a casino shutting down and the boss running away with the vault AFAIK...I don't know, but I wouldn't be leaving a large number of BTC on any blackmarket site at this point. Seems to attract unnecessary financial trouble.
Why would you even need to? its perfectly easy to use one of these sites only risking the amnt for 1 deal.
If you read the blockchain messages, you'll get the idea that more than a few lost quite a bit of BTC. Why was their BTC on there in larger quantities? I have no idea. I personally don't keep more than a few BTC online at this point for small purchases of legal goods.
The stories of these thefts are going to make more criminals attracted to BTC. It seems easier to get away with this kind of theft than to rob a bank. I wonder if any police are looking for this guy right now?
I don't know the solution except keeping BTC offline as much as possible. Hackers don't seem to be getting worse at their craft, that's for sure.
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