Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 32591. (Read 26470811 times)

It's actually 155k BTC, not 126k if ColdHartMetal is correct.

Either way.

No more triple digits for 2013.

Man, sure wish I had a bot.     That would be awesome.

I do to, and I run a bot.

Yeah, I find the bot theory really hard to believe....although I'd admit 1600 BTC is not a "sky is falling" moment.  Doesn't mean its not coming though.

What's that got to do with anything?
There are enough people around who can anticipate the effect this will have and are frontrunning.

I was already all in fiat anyway, but the first thing I did upon seeing the news was pulling my bid (it would have been filled by now otherwise).

I am convinced that the BTCs sold by satoshi dice shareholders will crash the market pretty severely. And so are alot of other people. It becomes a self fulfilling prophesy at that point...

people have been doing it for a long time - they are *likely* up quite a bit on their *initial* investment.. so attempting to move the markets is a risky bet but one some are willing to play as it can pay off well with more coin

Even if someone would, I doubt they would trust it to sell that much at once without human input.

Wow... I would NOT trust a bot with 1000+ BTC.

Especially if it relies on MtGox connection.

They are getting increasingly pesty these days.

bots dump a lot more than that (could be a miner too) it's insignificant that someone or something dumped 1600 of coins.. zzzz

A bot just dumped 1600 BTC?   

what? noone has even "received" their buyout..

just bots.. as usual.. nothing to see

The satoshi dice selloff has started.
And for the first time in quite a few days, mtgox is finally following the downward trend set by bitstamp...

120k BTC? That is one two hundreths of all the BTC there will ever be. That is absurd.

Sorry for the rant kudos to those of you who read on

With US dollars there is a constant stream of depreciation as it becomes worth less and less.  So as its in our wallets it becomes worth less and less and less. The power of our currency is in the hands of the federal reserve which is owned by the rosthchilds a private family.  They print off more money our money becomes worth less and less until we no longer can afford our or car.  Then the rosthchilds come and foreclose on your house and repossess your car since they hold on a monopoly on the banking system that loaned you the money for your house.  So for twenty years you pay most of your pay checks to them directly to keep your house but they are simultaneously devaluing the money your using to pay for until you can no longer pay for it so in the end they got 20 years worth of pay checks and they get to keep the house.  Bitcoins tend to gain value over time as a currency should and the reverse starts to happen.  If I started out getting paid 3 bitcoins an hr three years ago (so about 15 hr ) then today I would make somewhere around $291 an hr.  every year 1 bitcoin starts to fill a grocery cart more and more and even though a few people are heavily invested they don't have the ability to manipulate the value of the bitcoin as easily as the rosthchilds can manipulate the dollar.  The few big whales can pump and dump and affect short term trends somewhat but in the long run bitcoin continues to grow.  The total money in bitcoins isn't even a fraction of a percent of the total market size of US dollars is yet it is much easier for the rosthchilds to manipulate a multi trillion dollar market than it is for the winklevoss twins to manipulate a billion dollar market.  The select few u speak of aren't affecting bitcoins nearly as much as the other select few are affecting the US dollar. Also most of the bitcoins in existence haven't even been mined and us common folk haven't been having trouble finding them.  The beauty of bitcoin is that no one is required to use it... So if a select few come in and buy all bitcoins then they will have billions of dollars worth of a currency that no one uses and we will all start using lite coin =)

I'm no EW expert, but that doesn't look right to me.  I think the entire trend is supposed to be in the same direction as the initial impulse, but I could be wrong.

+2

Already did all my dick swinging on Havelock today.