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Title: Stamp hack: don't shit yourself Post by: Muuurrrrica! on January 06, 2015, 02:31:26 PM It's less than a week miners dumperino so what's the deal?
Every week there are 25000 coins mined and dumped. You will not even notice the hacked coins being dumped, so don't wet yourself over it. The outsized and constant mining and dumping is much more harmful to the price than this theft could ever be. Title: Re: Stamp hack: don't shit yourself Post by: Bananana on January 06, 2015, 02:37:31 PM It's less than a week miners dumperino so what's the deal? Every week there are 25000 coins mined and dumped. You will not even notice the hacked coins being dumped, so don't wet yourself over it. The outsized and constant mining and dumping is much more harmful to the price than this theft could ever be. The problem is, 25000 mined doesn't mean 25000 coin dumped. There may only be 10-20% bitcoin miner selling it since the price is so low. But for hacker (since they get it free it doesn't matter if BTC price is at 275$ or 500$) they would cash out and run. Title: Re: Stamp hack: don't shit yourself Post by: Muuurrrrica! on January 06, 2015, 02:46:29 PM It's less than a week miners dumperino so what's the deal? Every week there are 25000 coins mined and dumped. You will not even notice the hacked coins being dumped, so don't wet yourself over it. The outsized and constant mining and dumping is much more harmful to the price than this theft could ever be. The problem is, 25000 mined doesn't mean 25000 coin dumped. There may only be 10-20% bitcoin miner selling it since the price is so low. But for hacker (since they get it free it doesn't matter if BTC price is at 275$ or 500$) they would cash out and run. no, miners particularly in a bearmarket need to get rid of the coins as quick as possible because if price would go down more they would risk ruin. You can rest assured 80%+ of mined coins go to market the next day. This isn't the good old days anymore where miners were holding. How do you think we ended up so low otherwise? Title: Re: Stamp hack: don't shit yourself Post by: piramida on January 06, 2015, 03:34:35 PM no, miners particularly in a bearmarket need to get rid of the coins as quick as possible because if price would go down more they would risk ruin. You can rest assured 80%+ of mined coins go to market the next day. This isn't the good old days anymore where miners were holding. How do you think we ended up so low otherwise? What, load of bullshit with no facts and absolutely no logical basing, with some made-up number pulled out of an ass to "prove" the argument? Welcome to the speculation subforum, you will fit right in with the other trolls. Title: Re: Stamp hack: don't shit yourself Post by: Muuurrrrica! on January 06, 2015, 03:36:07 PM no, miners particularly in a bearmarket need to get rid of the coins as quick as possible because if price would go down more they would risk ruin. You can rest assured 80%+ of mined coins go to market the next day. This isn't the good old days anymore where miners were holding. How do you think we ended up so low otherwise? What, load of bullshit with no facts and absolutely no logical basing, with some made-up number pulled out of an ass to "prove" the argument? Welcome to the speculation subforum, you will fit right in with the other trolls. I've read it in a report a while back. It's not entirely pulled out of my ass. Could be it even was on coindesk. Can't remember, is a while back. Thanks for the warm welcome. I've been trolling here before ;D Title: Re: Stamp hack: don't shit yourself Post by: Elwar on January 06, 2015, 03:36:42 PM What if I sharted a little bit?
Title: Re: Stamp hack: don't shit yourself Post by: Muuurrrrica! on January 06, 2015, 03:38:20 PM What if I sharted a little bit? that would be like an impossible thing from you to hear. So you went from permabull to backstabbing bear? Shorting this low? YOU!? Really?! It's like fewcoins announcing to buy after bear-trolling hard for weeks. This is one big shill-show here. Title: Re: Stamp hack: don't shit yourself Post by: piramida on January 06, 2015, 03:51:58 PM no, miners particularly in a bearmarket need to get rid of the coins as quick as possible because if price would go down more they would risk ruin. You can rest assured 80%+ of mined coins go to market the next day. This isn't the good old days anymore where miners were holding. How do you think we ended up so low otherwise? What, load of bullshit with no facts and absolutely no logical basing, with some made-up number pulled out of an ass to "prove" the argument? Welcome to the speculation subforum, you will fit right in with the other trolls. I've read it in a report a while back. It's not entirely pulled out of my ass. Could be it even was on coindesk. Can't remember, is a while back. Thanks for the warm welcome. I've been trolling here before ;D No but this is bullshit. Thankfully blockchain is public, so no need to resort to your memory, just go to blockchain.info and see where newly generated coins are going. Hint: most are unspent, i.e. never moved after being mined. So no, miners do not have to get rid of the coins as fast as possible. Title: Re: Stamp hack: don't shit yourself Post by: Muuurrrrica! on January 06, 2015, 05:14:24 PM no, miners particularly in a bearmarket need to get rid of the coins as quick as possible because if price would go down more they would risk ruin. You can rest assured 80%+ of mined coins go to market the next day. This isn't the good old days anymore where miners were holding. How do you think we ended up so low otherwise? What, load of bullshit with no facts and absolutely no logical basing, with some made-up number pulled out of an ass to "prove" the argument? Welcome to the speculation subforum, you will fit right in with the other trolls. I've read it in a report a while back. It's not entirely pulled out of my ass. Could be it even was on coindesk. Can't remember, is a while back. Thanks for the warm welcome. I've been trolling here before ;D No but this is bullshit. Thankfully blockchain is public, so no need to resort to your memory, just go to blockchain.info and see where newly generated coins are going. Hint: most are unspent, i.e. never moved after being mined. So no, miners do not have to get rid of the coins as fast as possible. so who is dumping all year then? Karpeles? Satoshi? Elwar? Santa Claus? Title: Re: Stamp hack: don't shit yourself Post by: Assad on January 06, 2015, 05:19:23 PM Who said that all dumped coins are dumped on exchanges?
Title: Re: Stamp hack: don't shit yourself Post by: NotLambchop on January 06, 2015, 05:22:56 PM ... No but this is bullshit. Thankfully blockchain is public, so no need to resort to your memory, just go to blockchain.info and see where newly generated coins are going. Hint: most are unspent, i.e. never moved after being mined. So no, miners do not have to get rid of the coins as fast as possible. No, that's bullshit. Only one commercial mine has released its financials, here: http://www.coindesk.com/digitalbtc-reports-4-million-revenue-preliminary-annual-results/ and half of the mined coin was sold for USD. Pimp harder. Title: Re: Stamp hack: don't shit yourself Post by: ask on January 06, 2015, 05:27:32 PM White hacker?
Title: Re: Stamp hack: don't shit yourself Post by: freebit13 on January 06, 2015, 05:30:47 PM Who said that all dumped coins are dumped on exchanges? ...and who's to say that it's not the same coins being dumped over and over again... |