why did they all knew of Mt. Gox being insolvent when the faked 2 bitidiot came out and made patently clear they of course are not English please.
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What? of course it would go to ZERO when all buy orders are fulfilled and there are none left on the exchange, that is essentially zero. He has enough bitcoins to push the market to fulfill all buy orders listed at any time.
No, he doesnt. Even all the bitcoins in existence isnt enough to push it to 0.
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However, if Satoshi did indeed dump around 13'000'000 Bitcoin, I am sorry but the price would go to zero. I am sorry but if you can't see that, then there is something wrong with your head.
Wut? o_O Satoshi has 1'300'000 BTC. How deep is the complete order book on the most liquid exchange, Bitstamp? 30K BTC? 50K BTC? Y'all say ya would dive in on double and single digit coins, but the reality is that the first sign on the blockchain of Satoshi moving his coins around and this market would freak right out and dump a shit ton. There are millionaires in Bitcoinland who if not for their lucky investments, would be flipping burgers in McDonalds (billyjoeallen?). Bitcoins nominal worth is held up by the fact that less than 10% of these mined Bitcoins are in circulation. Take 10% of all the Bitcoins in existence and dump them on the market then Bitcoin is over. Of course, they won't go to zero, but then neither will Maxcoin go to zero. Uh... just about every exchange has millions of BTC of bids in the $1 range.
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Drop to single digits, then jump to 300-400 before diving back to $100..
My guess.
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Satoshi playing CCMF: I lol'd way too hard at your caption. Thanks
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Coincidence? What is this strange Pennsylvania link?
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Yup this is bad news. SELL.
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I dont trust him, hes not as tall as I imagined. And he may or may not own 1mBTC
SELLSELLSELL
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I just going to vote for UTC on cryptsy. Will i recieve BTC for this? lol ya, post your address ill send you 5 btc for this, newbie Ill do 10.
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Now everything is so boring... What is the biggest bid wall in terms of USD you ever spotted on an exchange? I think there was a 1.2 million wall once on Mt.Gox, but i'm not entirely sure.
This one? This must be the biggest wall, not the one i spotted though. hell of a wall kid July ~800k: Apr ~1m: That wall taught me a hard lesson about panic selling.
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Its a number people "know". Why WOULDNT the price stick to it?
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Please post more train pics guys, I think they trigger the whales. I got a good feeling about this one.
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Today is the last chance to get cheap LEAFs. 11 and 12 will go down easily soon. Believe me
I have heared this such saying many days ago, but the price is still dumping. Fail!
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How do you determine that is a bullish pennant rather than bearish?
I would have to say I also believe the push up was manipulated. The way the buys went thru was so similar the entire rally. Buy wall -> move up -> get sold in to. Five or more times? So about 6m USD?
Now we havent seen another whale, so, unless random people come with fiat and decide its time to go up again, I cant see how we will go anywhere but down..
I sure hope it continues up though.
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I was complaining to CampBX on chat about their lack of volume. They responded "We don't think we have low volume." I pulled all my BTC out an hour later. F@!$%ng amateurs.
Why would you complain about that? Clearly its a tiny exchange. They've been around for three years! You'd think they'd reduce their trading fees or court VCs to expand or something. They just don't act hungry for my business. Ah, I didnt realize the fees were so high: Our trade commissions are: Quick Sell / Buy: 0.55% (Volume discounts available) Advanced Orders: 0.55% (Volume discounts available) Thats pretty bad... Only Gox was worse, and that was only for the lowest tier traders.
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I was complaining to CampBX on chat about their lack of volume. They responded "We don't think we have low volume." I pulled all my BTC out an hour later. F@!$%ng amateurs.
Why would you complain about that? Clearly its a tiny exchange.
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The expected return on a lottery ticket is 50%, just going by the rewards(-taxes)/odds.
How do you calculate that for bitcoin? You dont. So its not like a lottery ticket. A lottery ticket is throwing money away. Bitcoin is betting on the success of a technology.
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13 billion USD bidwall: Anyone who understands localbitcoins, please keep to yourself
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OH WHALE, WHERE ARE YOUUU?! Hes coming, I promise! I sent them an invitation, see here: Hes ready to blow a huge load all over those bitcoins. (Of cash, sicko)
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