BNP Paribas paid $800 for all of the seized coins.
We are going to the moon in July
I dont understand what they have to do with July? If someone else would buy it would be May or August? Because we are currently in July. Aka we are going to the moon this month |
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The train stopped moving. The auction gave it a small push up. Then it slightly crashed because oooommmg 1 winner. Now we're stuck. I might be wrong but i have the feeling people need a specific reason to buy more. Another deadline that turns out bullish. Obviously amazing news about big companies means nothing anymore.
I don't see anything bullish happening soon so my guess is we will go down again. A big dump followed by panic. Or a new round of hot steamy FUD. People soon will be looking hard for a reason to dump.
People are looking for a reason to sell. Not to buy. And that reason for selling can be almost anything. The reason for buying, almost nothing.
And i hate to sound like Tera so i hope i am completely wrong.
Well that escalated quickly. We can have a small period of stability - which is very likely in this $600 price range. |
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This seems like a genius step towards mass acceptance
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I've seen people in this forum selling their casino scripts, and I was wondering if this is still worthwhile to start this kind of business... even though the internet is probably full of these casino clones... what do you think?
if it were that easy everyone would be rich.
I've been thinking a bit about this myself as well. I don't think it would be profitable to just make a shitty site and copy/paste some random casino scripts. But done right with a twist and a large portion of love and hard work, I think there is a lot of room for such a business. I haven't at all given the legal aspects any thought yet though  PM me if you want to hear some more about my ideas. Don't forget the need to risk a large stake of money at first in order to pay out winnings! |
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There will be a day.. when the price has stagnated for too long, and a hacker who stole the mtgox coins (or some other hacker/scammer/drug dealer from the past, for that matter), feels that this is as good as it gets, and then he starts to dump his coins. And this in turn will invite all the other past criminals to dump their coins because they don't want to lose their promised wealth.
Most of the bitcoin cultists don't understand the psychology of criminals. They usually don't think long-term and they go after quick fixes. I highly doubt it that many of them are as fanatical about bitcoin as the people here are. The only reason why they haven't dumped their coins yet, is that there is hope that the price will rise more. This has made bitcoin into an asset, that's value has to be constantly rising or else it will face doom.
Your assuming the coins got hacked to begin with I consider it naive to think that the coins just got lost and isn't controlled by someone. The lack of interest, that the bitcoin market shows towards finding out what happened to those coins, shows how immature the market really is. I think they got stolen by Mark  Anyway, if criminals were that short-term, wouldn't they have dumped them before the collapse happened? They would have got the highest price possible for them at the point |
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There will be a day.. when the price has stagnated for too long, and a hacker who stole the mtgox coins (or some other hacker/scammer/drug dealer from the past, for that matter), feels that this is as good as it gets, and then he starts to dump his coins. And this in turn will invite all the other past criminals to dump their coins because they don't want to lose their promised wealth.
Most of the bitcoin cultists don't understand the psychology of criminals. They usually don't think long-term and they go after quick fixes. I highly doubt it that many of them are as fanatical about bitcoin as the people here are. The only reason why they haven't dumped their coins yet, is that there is hope that the price will rise more. This has made bitcoin into an asset, that's value has to be constantly rising or else it will face doom.
Your assuming the coins got hacked to begin with |
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BNP Paribas paid $800 for all of the seized coins.
We are going to the moon in July
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That is beautiful!  |
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What is really great is that they have not just started accepting it, but they are educating people about it too
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Tera's reaction when she gets back and sees the price:  |
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Interesting insight. Provides more support for the theory that Amazon will try to make their own coin maybe?
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great news! also newsbtc reports: 42 bidders, 186 bids, 48k BTCs worth of bids for 29k BTCs I suspect from these numbers one could take an educated guess about the amount per btc, right? maybe someone with a mind for arithmetic can take a look but it seems to me that if 186 bids were made by 42 ppl thats 4~5 bids per person, or each coin had 1.5~ bids each on avg... in that case, 48k / 1.5 would be 32k = 3k more than 29k, so each coin was won at 10% more than market... i made a mistake somewhere in there right? lol http://newsbtc.com/2014/06/30/us-mar...tcoin-auction/Yep, that means this price did NOT win any of the auction blocks: $670  |
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Whoever bought in the bear trap must be laughing now. Tera and the rest of the dumb bears must be crying  *looks for it's happening gif* Bears lose   |
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Whoever bought in the bear trap must be laughing now. Tera and the rest of the dumb bears must be crying |
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Where is the "itīs hapenning" gif?  Sorry thats my job  |
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Who would you imagine would find this sort of traffic useful?
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Some pretty nice signatures, you probably have the potential to become a great graphic designer. Good luck.
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