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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32391. (Read 26712386 times)

legendary
Activity: 2282
Merit: 1050
Monero Core Team
so now its over 100K coins they have?

http://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH 144,336.39692843 BTC
http://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX 29,657.49172471 BTC

Now the questions that remain are:

Is this the next target?

https://blockchain.info/address/1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a 111,114.60035823 BTC

As there are suspicions that 1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a is also related to SilkRoad / DPR

and

Would there be a "libertarian panic" over the fear that the state will suddenly dump a large amount of BTC?

Technically, if this ever became a real threat (if they had, say, 10+% of coins), consensus could be reached to just block all transactions from known Gov't public addresses...  I don't see what much they could do with 2% of available coins, beyond very briefly crash the market.  These actions would:

(1)  Cost them $$$.  They wouldn't get max dollar for liquidating their bitcoins if they just drove the price down.
(2)  It would be completely transparent to everyone!  They couldn't secretly do this.  Everyone in the public would know, and it'd be a PR disaster...  The beauty of the Bitcoin protocol is that they can't hide what they do with these funds.

I seriously doubt that there would be anywhere close to the consensus needed to block any particular group of addresses by means of hard fork since that would destroy the fundamental economic value of Bitcoin.

Here is a thread thread that explains why this is such a terrible idea. https://bitcointalksearch.org/topic/brainstorm-implications-of-blacklisting-dprs-seized-bitcoins-308106
legendary
Activity: 1168
Merit: 1000
so now its over 100K coins they have?

http://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH 144,336.39692843 BTC
http://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX 29,657.49172471 BTC

Now the questions that remain are:

Is this the next target?

https://blockchain.info/address/1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a 111,114.60035823 BTC

As there are suspicions that 1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a is also related to SilkRoad / DPR

and

Would there be a "libertarian panic" over the fear that the state will suddenly dump a large amount of BTC?

Technically, if this ever became a real threat (if they had, say, 10+% of coins), consensus could be reached to just block all transactions from known Gov't public addresses...  I don't see what much they could do with 2% of available coins, beyond very briefly crash the market.  These actions would:

(1)  Cost them $$$.  They wouldn't get max dollar for liquidating their bitcoins if they just drove the price down.
(2)  It would be completely transparent to everyone!  They couldn't secretly do this.  Everyone in the public would know, and it'd be a PR disaster...  The beauty of the Bitcoin protocol is that they can't hide what they do with these funds.
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
legendary
Activity: 2282
Merit: 1050
Monero Core Team
so now its over 100K coins they have?

http://blockchain.info/address/1FfmbHfnpaZjKFvyi1okTjJJusN455paPH 144,336.39692843 BTC
http://blockchain.info/address/1F1tAaz5x1HUXrCNLbtMDqcw6o5GNn4xqX 29,657.49172471 BTC

Now the questions that remain are:

Is this the next target?

https://blockchain.info/address/1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a 111,114.60035823 BTC

As there are suspicions that 1933phfhK3ZgFQNLGSDXvqCn32k2buXY8a is also related to SilkRoad / DPR

and

Would there be a "libertarian panic" over the fear that the state will suddenly dump a large amount of BTC?
legendary
Activity: 1168
Merit: 1000
We pushing back through $200 tonight?  Quick, but consistent, recovery.
legendary
Activity: 1168
Merit: 1000
so now its over 100K coins they have?

Yup, they'll get liquidated at auction probably in several years..  Might cause a sudden drop of a few % at that time, but it wouldn't be different than the 30% daily swings we're already used to.    Grin

It's 1% of the market.  Not 10% / 15%.  Not going to put on my tinfoil hat over it...
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
so now its over 100K coins they have?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 224
Merit: 100
Any proof those are SR's earnings?

And why in blocks of 324 BTC, seems to be a completely arbitrary number?

324 = fbi

https://en.wikipedia.org/wiki/Telephone_keypad
legendary
Activity: 1792
Merit: 1047



Trading volume is low.
legendary
Activity: 875
Merit: 1362
Any proof those are SR's earnings?

And why in blocks of 324 BTC, seems to be a completely arbitrary number?
sr. member
Activity: 448
Merit: 250
http://blockchain.info/sl/address/1CSBFoN2ANwqXeuQ9daVQYHXoXVfqEtzfa
This one is funny. Bought below 50, missed april's top, and now active again. Did I get it right?

What are you talking about?

Wow! WTF?

In the last 24 hours it has received ~BTC144,500 with ~446 BTC354 transactions?

DPRs stash gotten to?
Damn, good guess!
Wow, shit. He only had 100k coins? And those were all stolen? Ouch.
full member
Activity: 239
Merit: 100
http://blockchain.info/sl/address/1CSBFoN2ANwqXeuQ9daVQYHXoXVfqEtzfa
This one is funny. Bought below 50, missed april's top, and now active again. Did I get it right?

What are you talking about?

Wow! WTF?

In the last 24 hours it has received ~BTC144,500 with ~446 BTC354 transactions?

DPRs stash gotten to?
Damn, good guess!
hero member
Activity: 784
Merit: 1000
Off topic but Bitcoin related:

Anyone here watch White Collar in the U.S?  The newest episode was quite interesting.

"The team has arrested Brendan "Three Time" Holland, who ran Grey Trade, a black market version of ebay. The plan is to keep the site up and running for a few days to go after sellers. They will pose as buyers and outbid everyone so they aren't allowing illegal transactions to continue."

I guess the writers saw the SilkRoad news lol.
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
hero member
Activity: 770
Merit: 501
Anyone ever caught themselves sleep trading? I think I may have done it last night. Don't ask. It was draw. I gained or lost nothing to mention. But I swear I was asleep at the time of the transactions.

No, but I anxiously awaken now at 5:30am everyday with an irresistible urge to check the Bitstamp price on my phone.

Thanks China..

i can't recall how often my +-3% alarm went on during the last days Cheesy
this stock exchange bell sound hunted me into my dreams.
legendary
Activity: 1168
Merit: 1000
Anyone ever caught themselves sleep trading? I think I may have done it last night. Don't ask. It was draw. I gained or lost nothing to mention. But I swear I was asleep at the time of the transactions.

No, but I anxiously awaken now at 5:30am everyday with an irresistible urge to check the Bitstamp price on my phone.

Thanks China..
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 224
Merit: 100
250 by midweek if not before.
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