"Can't believe they fell for it lol."-Satoshi Nakamoto
As he sits on a million BTC instead of cashing out at any point. Yeah, well thought out proposition you've made there. It occurred to me another possible reason why Satoshi was so careful to preserve his anonymity, and has not cashed those million BTC that are known to belong to him. Suppose bitcoin were to crash relatively quickly, leaving thousands of late investors with a couple billion dollars of losses. Those losers would then see themselves, rightly or wrongly, as the victims of a giant pyramid scheme, that moved those billions from their pockets to the pockets of miners, early investors, and a smattering of thieves, scammers, and assorted middlemen. Those losers would probably want to sue the culprits to recover their losses. Prosecutors would want to charge them with the crime of running a pyramid scheme. Whom would they target? The early adopters and miners can excuse themselves by saying that they just believed the whitepaper and acted openly and honestly according to it. So it would all fall on the guy who conceived the schema, wrote and distributed the software, set the network running, recruited the first members --- and made the most profit from it... (Only half "  ") Who's to say he even cares anymore? Or the private keys to those early wallets are long gone? People keep bringing up Satoshi's supposed 1M coins as a cause for concern. Yet seemingly little concern for other cryptos with $M's worth of early miner coins (yeah Litecoin, I'm looking at you....fair distribution, creator holds virtually none, yet the top 100 Litecoin wallets hold ~7M LTC, with the top wallet holding 9.2%) and early pre-mine crap (RippleLabs holding 50%, etc.) So the point is, one crypto is just as good as another these days (in terms of distribution of who holds what). So back the leading horse that makes decent sense and just go with it. i read a thread with compelling reasoning that all 1M coins are in fact lost forever |
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we tried we failed, get over it.
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<>
as governments and banks around the world fail in whatever way, poeple will get burnt <> You must be new. Banks are secretly accumulating bitcoin off-exchange, that's why the price is so low. At this point, bitcoin pretty much IS banks  bitcoin the currency != Bitcoin the network so they control alot of the bitcoin units... lets see them try to control how a tx is processed |
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For BTC to gain it's going to take some large company to say "all we'll accept is BTC or cash" or some real "killer-app" that no one has even dreamed about yet. If Target or some company that got burned would say "we don't want to keep your personal info and only accept BTC or cash" then we would see BTC go up. Don't know if that will ever happen???
Maybe Factcom is the killer app?
what is the most appealing thing about bitcoin? the fact that it is a ghost outside the machine that cannot be controlled by any one government, bank, or corporation. as governments and banks around the world fail in whatever way, poeple will get burnt ( bail ins, maybe? wtv SOMETHING will happen ) this will piss them off, and then they remember that bitcoin thing stands apart from this corrupt system, and see that it was unaffected by the gov or bank's failings and or corruption. They will finally understand why decentralization is so important. Then everything changes. sadly it looks like bitcoin will implode on itself b4 any of this happens |
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see its crashing again, 238 was the top, how depressing.
gentlemen
its time to admit defeat
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i'm never buying a bitcoin again. this is clearly the end of bitcoin. its remarkable 230 is holding, but not for long, soon it will crash 30% in 1 hours time.
Clearly trolling but we said 250 was holding....240 was holding.....230 is holding but for how long? Bitcoin is the worst investment possible in the last 12 months. I know... 230 is holding because we JUST got there... this is the end...  |
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i'm never buying a bitcoin again. this is clearly the end of bitcoin. its remarkable 230 is holding, but not for long, soon it will crash 30% in 1 hours time.
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i feel depressed. this price is depressing. the fact that it will go even lower is also fueling more depression feelings, thinking about 26M in longs all getting squizzed crashing price 30% in a hour makes me want to puke. this is the beginning of the end, this is bitcoins last breath, this is not gentlemen
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Shorts are going up again
and longs are down no wonder price went down... I'm on this shitty mobile. What's the numbers now, long and short? 26,070,445.02 USD 27,356.31 BTC as of April 10, 2015 - 05:13:46 PM CEST. |
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Went through your post history, bunch of MOON, CCMF, HODL in bold, large font and colored, pictures of trains and rockets and other bullish spam. You're the definition of troll, ignored. I honestly like the troll post sometimes, they make me lol |
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Shorts are going up again
and longs are down no wonder price went down... |
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there's like ~7M $ in shorts that need to cover
and at <250 bears can't be as confident as they were >400
if we do go down it won't be fast and not very deep short covering will soften the blow and make it bouncy
this would be a no brainer BUY if only it wasn't for the possible of a good long squeeze...
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So we going down again?
idk stamps is showing some pretty nice bids... feels like 241. higher low |
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oh boy this is looking soooooo goood, everything is definitely awesome, buy more and hodl longer
were all gana die!!!!!!!
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its looking good, everything is awesome, buy and hold
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She's one sick puppy. But you have to watch. alot of what she says makes sense but shes takes it to the next level for entertainment purposes. her videos are all pretty fucking intense, always fun to watch. |
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if we all buy now and hold we can all realize massive paper profits
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