Lol at IDIOTS who think we will see another huge rally....
I have scientific evidence that EVERY TIME I enter an investment it is TOO LATE... out of everything I've put money in... I have lost money 100% of the time. I am deeply invested in BTC right now (~$20K) and I can guarantee you that we will not have another rally. I ALWAYS manage to catch a falling knife, or enter the game a little too late.... I never make money, this is 100% always the case. Sorry guys.
Scenario 1: A malevolent, all-knowing, all-powerful force uses its diabolical influence to turn the markets against you whenever you make an investment in bitcoin. You have somehow raised the ire of the gods and they choose to punish you in this particular way. ... Not Us. We are well pleased with this earthling.  ~Your Beneficent Reptilian Overlords |
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dear bulls,
I would really really like to see usd swaps hitting 30 mil and the price hitting 420 mark.
... The bulls are in full-on spin/damage control mode. No time to trade. |
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they made up this murder attemps to
a) get him 100% in jail and have him face a long time (if they want)
b) to be able to convict him even if they cant proof SR ownership/drugtrade
In United States, we don't need to make up no stinking charges. That's not the way we do things   ~Your Beneficent Reptilian Overlords |
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You are the dumbest fuckin troll...your dumbass credentials...your stupid ass...
...that poor south american shithole
Mornin', Sunshine! Leveraged long or tummy ache? |
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interesting observation. however, if true, you should just reverse your actions.
... But the action taken will still be his action, and therefore wrong. An oracle who's always wrong is immensely useful to others [just do the opposite of what the oracle says], but never to self. |
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Well, one of those 101 is to transfer them to a new owner; another is to deposit them on an exchange...
And then why publicly say you still have them and are planning on bidding on the new lots...? ... For the same reason my cat is all "I meant to do that" after blowing a jump--because embarrassed.  |
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So the gov believed the price will tank in January and they were right (Draper got bull trapped), the gov (not DPR) believes again the price will continue to tank, guess what...
FTFY  |
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Exactly, this decision to sell the coins is solely from the US government not Ross.
It was a joint decision made in January. Both the US government and Ross agreed that Bitcoin was going to tank. ...and were right. |
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^ The point is it ain't happening   It is Happening, allbeit slower than most btc owners would like but still getting there There's actually a story behind this gif. It was made when Bitcoin was trying to break 480. It's now trying to break 380. Not sure about slowly; it's happening, but in the wrong direction. So ...unhappening? |
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ffs roadstress, this is AM security thread, not HW.
If AM boards are spontaneously combusting, in your mind that is irrelevant to the company selling them? Its not like this is the first such report.exactly. Meh. Still pretty bearish. Won't consider investing in this until 100% of AM gear self-combusts. |
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And that, kids, is why US prisons are so disproportionately blacks/minorities. Because wealthy  And here I though you understood reading comprehension, since you just brought it up a minute ago.  |
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What ?
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Mr. justusranvier feels that US judicial system is primarily motivated by asset forfeiture, which clearly explains why US jails are disproportionately black. Because black people are disproportionately rich, thus worth convicting  |
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I never understood how these US Marsals can auction these coins before at least one court officially finds him guilty. Is it normal in the US to sell these kind of assets before the end of the trial?
"Hey, I prooved I am innocent, so I can finally go home ... oh wait, they sold my house and took the money. Well... I won! Yeah..." Strange.
It makes sense when you understand that the use law enforcement apparatus is a machine that turns crime into profit. It's goal is to extract money from its victims and disburse that money to its beneficiaries. Direct victims are the people from whom theft is socially acceptable ("criminals"). Indirect victims are the people from whom theft is not socially acceptable, but who can be convinced to accept a protection racket which defends them from the "criminals". Beneficiaries are the employees of the system, the contractors who supply them, and the customers who can hire out their services in order to attack their rivals. And that, kids, is why US prisons are so disproportionately blacks/minorities. Because wealthy  |
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This actually means that DPR wants his coins sold at as low of a price as possible. The money at stake is the prize which the prosecutors are competing for, and to maximize his chance of regaining his freedom he'd want their incentive to be as low as possible. I never understood how these US Marsals can auction these coins before at least one court officially finds him guilty. Is it normal in the US to sell these kind of assets before the end of your trial? "Hey, I prooved I am innocent, so I can finally go home ... oh wait, they sold my house and took the money. Well... yeah..." Strange. There is ugly shit called "civil forfeiture", but this isn't it. Presumably, Ulbricht is entitled to the proceeds of the sale if found innocent. |
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So you've already convicted Mr. Dread?
Or is it just poor reading comprehension? If course it was a typo. I was thinking about your post and Miz4r's post at the same time. Whether or not Ross is DPR, and whether or not he's committed any crimes, the prosecutors have a very strong financial incentive to convict him. Their only goal is to convict him(*) - not to determine the truth of his guilt. Knowing this, Ross should know that minimizing the financial incentive they have to push for his conviction is in his best interests, so he'd want the coins they seized from him to be sold as cheaply as possible. * Well-known features of the US court system The aim of the prosecuting attorney is to convict, as it should be. Just as the aim of a defence attorney is to acquit.* * Well-known features of the US court system |
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This actually means that DPR wants his coins sold at as low of a price as possible. The money at stake is the prize which the prosecutors are competing for, and to maximize his chance of regaining his freedom he'd want their incentive to be as low as possible. So you've already convicted Mr. Dread? Or is it just poor reading comprehension? *You do understand that the value of the seized coin will likely be returned to Ulbricht if he is found innocent? |
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^ The point is it ain't happening |
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...Those 180'000 BTC were kept away from the market; and part of them, at least, must have been bought by SR customers on the open market. So Ross was obviously accumulating. I would even guess that he had been holding almost all the bitcoins that he got.
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That's important, DPR was in accumulation mode during 2013, and if now BOTH him and the US gov believe it's time to cash out, then they both expect much lower prices in the near future. You really think the FBI talked to DPR and discussed with him whether now would be a good time to sell? They sell now because they can, the FBI are no speculators and they certainly didn't ask for DPR's permission first. Yes. Not FBI, but I get what you mean. "As part of a civil forfeiture proceeding, Ulbricht and the government in January reached a deal in which the bitcoins on his hardware would be sold, with the proceeds to be held pending the outcome of his case."http://www.reuters.com/article/2014/11/17/us-bitcoin-auction-idUSKCN0J11UJ20141117 |
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Not sure how you got from "two participants [going] on record [with] lowball offers" to anything meaningful. If offers were made @$100 or even $20 per, would the statements be any different?
Lowball offer based on market price means market price times some value < 1. The lower that value, the more arb profit. The closer that value to 1, the higher the chance you'll get a chance at arb profit. If you think they submitted a $20 offers, sure, go ahead. I sure would have liked to see the meeting the bank lady had with her superiors afterwards. What wraps it up is that one participant outbid all other participants on all lots. The previous auction converged around market price at the time, that's all I'm saying. I don't care if it was market +5% or market -5%, but my point is, from references to on-exchange market price plus auction mechanics and one winner of all lots, "near market" is a pretty conservative conclusion. Harping on about how it probably went away for a fraction sounds more like wishful thinking to me, tbh. 1. You have offered no justifications for "+-5% market" other than "one bidder won all the lots." 2. How many participants were there? 3. While any offer below market could be correctly termed as "lowball offer," how does this translate to +-5% market? |
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It didn't work out, but I don't think it was a scam. True I believe Ken to be largly incompetant, not a scammer The truly successful scams end this way. Successful scams are indistinguishable from failed businesses. They're structured that way. This has been pointed out more than once. ~Happy Investing! |
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