Clever Girl!
He is refunding... so now the price should crash... except he is only clearing out smaller accounts... which shouldn't actually make much of a difference in the market... so why tell us? Why not leave it at confirmed reports of accounts paid? Crash the market, then buy what ever you need, then make the real payments...?
Maybe he's testing the mass closing account & mass withdrawal script with small account first. It'd be terrible if there's a bug in that script when he want to return bigger account. |
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Pirate's starting to pay smaller accounts : <@pirateat40> Just cleaning out the smaller accounts to make things easier.
<BitMinerN8> Yeah, what Pirate said. Oh and thanks Pirate!https://i.imgur.com/tVatg.png
<BitMinerN8> yes with interest. Transaction ID: c2d0742df8df67c0507fd270b3c262f8a0118ba3a9b91357c83a04d952d0a32d
<BitMinerN8> jcpham: I got paid, it was a very small account, I only got in a month ago.
You're still interested in selling ? |
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<@pirateat40> Just cleaning out the smaller accounts to make things easier.
<BitMinerN8> Yeah, what Pirate said. Oh and thanks Pirate!https://i.imgur.com/tVatg.png
<BitMinerN8> yes with interest. Transaction ID: c2d0742df8df67c0507fd270b3c262f8a0118ba3a9b91357c83a04d952d0a32d
<BitMinerN8> jcpham: I got paid, it was a very small account, I only got in a month ago.
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Bet closing in < 10 min, and a wild pirate has appeared in #btcst. Dun dun dun!Coincidence ? Yes |
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I think that makes no sense. Everyone in the Bitcoin world will use this card. It's amazing. Why would anyone exchange their bitcoins to fiat any other way than this card? It's more convenient than anything and the fees are competitive to any other method of cashing out bitcoins.
I never sell all of my bitcoins because I'm in it for the very long term but I occasionally sell some to limit my risk or if I just need fiat. This card is the perfect method for exchanging bitcoins to fiat. I simply deposit the bitcoins to this card and use the card for all my purchases until I've "cashed out" the amount I wanted to cash out.
That card, if they can deliver it with the fees they promise, is a complete game changer. It will actually change the entire dynamic of the btc/fiat exchange. BitInstant will be the biggest seller in the entire market and everyone else just uses the card to exchange from BTC to fiat.
Not everyone will of course, but a lot of people will. With those fees, that is guaranteed. People who require high anonymity will not touch these cards though so they will not use them regardless of the fees.
Basically, it'll be used as a way to withdraw fiat, with lower fees and not for buying things. Pretty good concept for people that want the fiat instantly without having to deal with multiple third parties. |
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I'm just saying that it's more profitable to keep bitcoins and using fiat from your salary to buy stuff.
Sell bitcoin during the next bubbles for profit, don't even use it for anything (including, bitinstant credit card).
I think that's how most people think.
In short words, the appearance of bitinstant credit card won't have any effect at all because people won't touch it.
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Depends if I'm thirsty today or tomorrow.
Still more profitable to buy using fiat now and keep your bitcoin for the next bubbles. |
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Do you like to buy 1 coca cola if tomorrow you can buy 2 coca cola with the same bitcoin ? |
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"Panic sell" sounds bad in ear.
"Following" the market's movement sounds nicer.
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Merged mining.
Merged mining is a joke. Difficulty will skyrocket and the price will stay the same while mining get harder. The only advantage of merged mining is that you won't be afraid that late-adopter will crash the market by mining loads of coin and dump it on the market at once. |
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Bitlane, you just re-make August 2012 version sequel of BitcoinEXpress' litecoin bitcoin price crash accident, part II.
Congratulations.
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Rolo vs dust, round 1 / 12 begin !
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Yes, definitely.
At the very least, he will cause chaos by returning 10k - 50k coin first daily, therefore causing incremental panic effect when people sell 10-25% of that coins in fear of bitcoin keep going down daily.
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Maybe we have to patiently wait until Fear Friday ?
Pirate said it'll take a week to start sending the coins.
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This range is completly arbitary, price used to be less than 1c, lets get up to $30 or $40 then stabalise untill the next increase.
Sure, you can "stabilize" bitcoin by merely pushing the bid wall every day, but when we reach the bubble price again ($15 - $30), there will be massive sell off, including from the large holders and the bubble will burst again there, people know that. So, people will start massive selling before the bubble price point reached when there's event that inspire them. That's what happened now, people are waiting for the pirate pay day before the massive sell off event announced. |
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Is this mean the blockchain will be restarted ?
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Buyer doesn't even want to touch the buy order at the current price Seller want to sell at $30 $15 $10, go figure.  |
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