BTCChina down for me. Can't see.
5088 Bitconwisdom has China wall frozen at 6200 |
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Gox is lagging I cannot buy just now - may be affecting price if it is not just me  |
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Hoping for new ATH - it'll be an excuse to crack open teh beer in my fridge  C'mon bulls!! I don't need no excuses =D Me neither - been watching for three beers already. I wonder if I will run out before the ATH - UK time it's late in the day, and I was hoping.... |
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Edging up - still no real fireworks... but edging up nonetheless - is this a stealth attack on the ATH?
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Very low volume - like watching a slow dripping tap....
Too quiet - I have a feeling there are a lot of watchers who are simply just... waiting.
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Nobody posted about the fact that BTC reached parity with gold again for a little while.
Gox price has come very close but has never quite reached the spot price of gold in USD. At the time gox hit 1224.6 Kitco had gold at 1215 with the NY spot at 1224. That's weird. I had Gox at 1224.7 and spot gold at 1245.9 at 12:45 CST. Currently 1245.8 (ish) And it is a big (psychological) milestone. Press may well pick up on it ('Bit coin higher than Gold') Might be meaningless numerically - but after '1000' it's the next press excuse  |
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neither millibitcoin or milliBTC sound right for over the counter transactions.
We had this debate a few days back please see link and vote on 'terms to use'? Basically - you may want to talk of a bitcoin - but if what do you say if you want to buy a coffee? Will they say: "That will be 0.002 Bitcoin" or "2 embits" (or "milibits" / "mills" / "bits" / etc...) Think about it? |
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Probably his best bet is to contact 'connected' organisations and ask for help in laundry.
There are ways -but yep - he hasn't got away yet, he needs to get the cash somehow and that means finding a way to rinse it - which will be difficult now - will he have anyone he can trust when his wallet has 100 million bux in it?
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We better look out for a 96,000 BTC wall on BTC-e
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The best course of action for the guy is to extort Bitcoins from you guys on a bitcoin related tor site by means of a signed message saying: Send me more coins or I will dump.  This almost makes me send a Satoshi with the message: "Dump Moth*** , Dump If you have the balls" Well - he couldn't do it on Gox - imagine hassling Gox support about your transfer taking ages |
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Now some Very Bad News for the Bulls:
Why would this be bad news in any situation? Was the SR shutdown bad news for bulls? We all know the answer. By the way, we are about to go up (for some other reasons), just watch In the SR episode the bitcoins were safe , the FBI won't sell them for a few years until the trial ends. In the sheep case , we have one fugitive trying to run with money , and the scenario he might try to dump them . He will have to lie low - any fiat that turns up in large quantities will be noticed... It's not like he needs to sell all of them at once - 1% will fund hiding away for a year - assuming he hasn't already got some money to keep him for a while. He's only at risk when he shows up with fiat or large coin movements.... We have a guy , previously running a drug market , running away with 90 Millions , trying to make them vanishing but seeing his efforts nuked , with people threatening him (and not normal people) with a media fuss around. Do you think he can keep calm and act by the book ? He calmly stripped the accounts over DAYS and left fake balances in them so no one would notice until he took the lot. Pretty well-planned - he must have thought through an exit route - at least a personal one. And he still controls the wallet... for now.... |
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A $100 million heist where everyone in the world can see the wallet you have stashed the haul in....
Yep - it's a film script dilemma.
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Now some Very Bad News for the Bulls:
Why would this be bad news in any situation? Was the SR shutdown bad news for bulls? We all know the answer. By the way, we are about to go up (for some other reasons), just watch In the SR episode the bitcoins were safe , the FBI won't sell them for a few years until the trial ends. In the sheep case , we have one fugitive trying to run with money , and the scenario he might try to dump them . He will have to lie low - any fiat that turns up in large quantities will be noticed... It's not like he needs to sell all of them at once - 1% will fund hiding away for a year - assuming he hasn't already got some money to keep him for a while. He's only at risk when he shows up with fiat or large coin movements.... |
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Are you sure that is coming from other people and not coin tumblers or something of the sort? Lots of people begging for coins there:) And this: Public Note: Algerian prinCe, pUre unOBTAINium SHARE, B4 Culture requIres me to pay 5.55 btc, RegretFUlly Gorillaz ate wallet, leNd me COIN i will RE-PAY you ASAP, trust U share with fellow *Wo*MAN IN NEED... Know U red-it & know Y wii-CU Hm... Yeah, i'm seeing those now... Hm, any proof those aren't his sock puppets or something like that? Isn't that people sending coins to track what he does with them (even if he rinses them) and see where the money goes to - acts as a marker.... I was gonna say that is smart, but then i realized we already know his address, any coin that leaves that address works as a marker already...right? When he first grabbed them - he split it all up into endless wallets - the trackers knew he had to wait for confirmations, so they were sending coin to follow the wallets, of course the 'laundry' all ended up in one basket. Now he is probably wondering what the fuck to do to move it faster so it can't be tracked. A lot of people watching - a bit of a dilemma for the chap. First attempt to run failed - but he still has the key. Every dark hat in the world will be trying to bust into his stash any way they can! That's a $100 million wanted poster! |
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Mind you - that's some wallet:
Final Balance 92,000.99143701 BTC
Yikes!
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Are you sure that is coming from other people and not coin tumblers or something of the sort? Lots of people begging for coins there:) And this: Public Note: Algerian prinCe, pUre unOBTAINium SHARE, B4 Culture requIres me to pay 5.55 btc, RegretFUlly Gorillaz ate wallet, leNd me COIN i will RE-PAY you ASAP, trust U share with fellow *Wo*MAN IN NEED... Know U red-it & know Y wii-CU Hm... Yeah, i'm seeing those now... Hm, any proof those aren't his sock puppets or something like that? Isn't that people sending coins to track what he does with them (even if he rinses them) and see where the money goes to - acts as a marker.... |
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it's priced in.
4.5% of all bitcoins ever to exist are acquired by a single scammer and prices are 93% of the ATH. That's not priced in. What's price in is that he might be able to dump. All bets are off if/when it is determined that he can and will. If he's going to sell then he will probably sell them in small chunks at market value without crashing the market, why would he want to get any less for them? And he'll probably try to sell them outside of the exchanges. lol. why should he care? I would dump them just for fun. People do crazy things just for fun. Suppose, he's dead anyway by the looks of it. What makes you say that? The sheep reddit sub has a few individuals who are dedicated to finding him, and by the looks of it they either have, or aren't far off. Considering the types of people that used the SMP who's money he has just stolen, then it's not a far cry to suggest that if his true identity is discovered, there will be revenge. 1. I think if we know he is being tracked - so does he 2. He was a dealer / trader - he will have been careful to be anonymous 3. He must have pretty good tech know-how to have busted the echange and gradually looted every account without being seen 4. He can buy a lot of muscle with that kind of cash - a private army if needs be I don't think it's a cert they will find him, he just need to lie low and have access to a computer and keep the coins cold for a while somehow. Interesting - we shall see. But whatever happens - I can't see all the coins suddenly being restored to their previous owners 'just like that'. Think about it. |
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Anyone else getting Gox misbehaving - getting ow prices showing when bitcoinwisdom shows way higher... and then the odd 502 message upon refresh
Looking glitchy - or is it just me?
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