That's some weird stuff going on at BTC-E Shenanigans claim verified.
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How many of these theoretical uber millionaires are there? who cant cash out because of the liquidity and the damage on the price before they could even get started very much unloading?
http://bitcoinrichlist.com/top100Unfortunately, this list is fairly meaningless. A lot of large addresses will be exchange hot/cold wallets and other pooled funds, and a lot of large holders will split their coins across several addresses. Satoshi, for example, has ~1 million in 50 BTC addresses.
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No, unspent outputs count in bdd.
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Click the ip. Gambling site?
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Odd. A small number of coins being moved out of very cold storage? Edit: no, I was confused by the 101 transacted.
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Oh. Wow. Any more details?
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Speaking of people who don't see jokes where they're obvious
Sorry for taking it at face value, but in other threads people have been posting far weirder theories, in all seriousness. Well, you might have a point there.
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Which is a fraction of a fraction of less than 1% of users on this forum. Now if it read that the govt was wanting most or all pm data from around here, then there would be major cause for alarm. You seriously don't get why it's not cool?
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Anyone else think it's suspicious that the Gox lawyer is called Kobayashi, just like in The Usual Suspects? Pretty sure no good can come of this.
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So what happened with the short squeeze guy? The market was pretty flat. Did his interest bill get too big or was a small movement up enough to get margin called?
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Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him. You need to have some guts to go 10x leverage with $3 mill tho, gotta give him that. Does that mean he lost $3m? Funny thing is, imagine all those who got all their low bids filled because of his margin call only to see it shoot up $10 a second later. So it has the effect of clearing the order books in both directions?
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Nothing is more funny to a bull than the OKcoin bear that got margin called today for 31,000 BTC/3 million dollars. His wife is gonna kill him. You need to have some guts to go 10x leverage with $3 mill tho, gotta give him that. Does that mean he lost $3m?
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The last price bubble was China adopting bitcoin; but then China effectively banned its use, so that bubble has been deflating since then. The next price bubble must come from some demand even bigger than China's. Russia is about to ban it, India does not seem interested, Africa and Latin America are unlikely to buy much. Basically the only hope is "Wall Street" and/or IRA accounts. But that depends on COIN being approved.
If this is not on-topic for "Price movements & discussion", I don't know what is.
http://www.ibtimes.co.uk/bitcoin-use-switches-investment-commodity-everyday-currency-new-data-reveals-1496316'the top emerging country in 2014 was Brazil, with 406% merchant signup growth from the previous year' Buyers may not be interested yet, but it's gratifying that Brazil is the BTC merchant growth capital of the world. Congratulations, Jorge.
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They're half right. Infrastructure has helped by giving people somewhere to spend coins. The bear market has given them a reasons to spend it. That is, the bear market wasn't caused by increased real-world spending, it helped prompt it (think why governments reduce interest rates/increase inflation - same principle). Seems self-evident. When the buying power of money keeps dropping, the most prudent thing to do is spend. Yes. But neither IBT nor CT seem to realise this.
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They're half right. Infrastructure has helped by giving people somewhere to spend coins. The bear market has given them a reasons to spend it. That is, the bear market wasn't caused by increased real-world spending, it helped prompt it (think why governments reduce interest rates/increase inflation - same principle).
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Suddenly Coinbase is bigger than Finex and Bitstamp I remember some weeks ago they had really low volume No. Since they started charging fees they have lower volume than Bitstamp. Coinbase ask side (and bid if we take out that wall) is still very thin. Don't know why would anyone wire 1mil$ to the exchange with such low liquidity. If I was sending $1m anywhere, I'd want it to be somewhere with at least a degree of regulation and in my home country, not somewhere like Stamp of Finex that might run into problems of some sort.
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That 5k wall really looks mean Who would put so much money on Coinbase? Their AML and KYC must have kill him - paperworks. $1m+? Someone is serious.
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Yeye m8, never underestimate power of chinese wash volume
Wtf m8, do you know what that even means or what you are saying? We've long established he does not. Pleeeeeeasssssee stop quoting him.
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Gotcha, sounds fantastic. So this would make it fairly easy for people to write their own tradebots that interface with the network/blockchain via the supernet api? Will instantdex be able to handle the high frequency trading that happen on conventional exchanges? I assume this system somehow accommodates a lot of this off the blockchain? If this is as powerful as it sounds, I'm a bit surprised more people haven't been talking about this. No offense to the legitimate exchanges out there, and I'm sorry so see their efforts being made obsolete, but people need a secure solution and this is the most elegant solution I've seen so far.
I think you have summarised it quite well
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