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Title: Didn't we do this already? Post by: Rassah on August 18, 2012, 02:00:02 AM I seem to remember that price fluctuations like the ones we had today were fairly normal a year ago. So... does that mean things are back to normal in bitcoinworld, and we shouldn't worry? ;D
Title: Re: Didn't we do this already? Post by: stic.man on August 18, 2012, 02:14:25 AM block is gonna halve soon, everyone knows this is purely speculative/silk road driven, no reason to think it won't go ridiculously high even if it makes no sense, can be used on a small scale between people in far off places, love the idea, won't ever get past the underground designation, doesn't mean you can't profit huge off of it, I did last year.
Title: Re: Didn't we do this already? Post by: evoorhees on August 18, 2012, 02:41:33 AM everyone knows this is purely speculative/silk road driven I can't even tell you how wrong that statement is... :) Title: Re: Didn't we do this already? Post by: niko on August 18, 2012, 04:28:05 AM everyone knows this is purely speculative/silk road driven I can't even tell you how wrong that statement is... :) Don't you think it was a single-player pump-n-dump operation? Slow, persistent buying over two months to build up confidence, then a massive dump. Title: Re: Didn't we do this already? Post by: finkleshnorts on August 18, 2012, 04:34:35 AM everyone knows this is purely speculative/silk road driven I can't even tell you how wrong that statement is... :) Don't you think it was a single-player pump-n-dump operation? Slow, persistent buying over two months to build up confidence, then a massive dump. no. Title: Re: Didn't we do this already? Post by: adamstgBit on August 18, 2012, 04:35:08 AM everyone knows this is purely speculative/silk road driven I can't even tell you how wrong that statement is... :) Don't you think it was a single-player pump-n-dump operation? Slow, persistent buying over two months to build up confidence, then a massive dump. no. ya no. Title: Re: Didn't we do this already? Post by: zby on August 18, 2012, 04:37:04 AM everyone knows this is purely speculative/silk road driven I can't even tell you how wrong that statement is... :) Don't you think it was a single-player pump-n-dump operation? Slow, persistent buying over two months to build up confidence, then a massive dump. A dump quickly countered so that the trend lines hold, that was not rational assumming accumulation goal. There were others - but this is perhaps the most obvious. But I think that he did not actually profit from this - he did not predict that the reaction will be so strong. I hoped he'd dump this dump as well. Title: Re: Didn't we do this already? Post by: Beta-coiner1 on August 18, 2012, 05:04:57 AM ^By that rationale,wouldn't that mean that the surge in bitcoin is not over in the short term considering he wasn't successful in the aim of gaining profit.
Title: Re: Didn't we do this already? Post by: zby on August 18, 2012, 06:15:51 AM ^By that rationale,wouldn't that mean that the surge in bitcoin is not over in the short term considering he wasn't successful in the aim of gaining profit. I am basing this on that last push that I shown on bitcoincharts above - it spiked to nearly 14 - so I think he must have aimed to 16 or something, but maybe not maybe he cashed out. It is also possible that now all his funds are tied - because his walls were sold to - so I would not count no him pushing more. |